Candice Carpenter
Coastal Elite Properties
(424) 284-7552
19 Total Sales
2 in Manhattan Beach
$3.4M - $4.8M Price Range
229 42nd St Manhattan Beach, CA 90266
Manhattan Beach AreaEstimated Value: $2,442,000 - $3,267,283
4
Beds
4
Baths
1,900
Sq Ft
$1,465/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Property has ocean access
- Deck
- Grand View Elementary School Rated A
- Across the Road from Lake or Ocean
- Contemporary Architecture
About This Home
As of June 2018PRICED TO SELL! Rare half-lot duplex in great condition; outstanding value for west of Highland. Move-in ready!
Buyer only needs to qualify for loan on $1.6 million property since rental income from the other unit will carry the rest of the mortgage. This is a very rare 2-unit owner / investor property in the sand section west of Highland, a custom-built duplex and a perfect starter home for Manhattan Beach. With an elevator for the top unit and rental income from the 2nd unit, it would also make a great retirement home or 2ndhome by the beach. Live in one unit and rent out the other; or rent out both units.
The top unit (229 42nd Street) is currently renting at $3,995 (lease expires May 2018). The downstairs unit (231 42nd Street) is renting at $3,675 (lease expires March 2019).
-Amazing panoramic ocean views from PV to Malibu.
-Fireplace and ocean view deck in both units.
-Built in 1992 with many custom features; elevator from garage to top unit
-4 car garage (tandem 2+2), plus 3 car driveway parking; 7 parking spots total!
-Bright and sunny with lots of windows
-Wood floors and marble countertop kitchens, with upgraded appliances
-Walk to beach and restaurants
-Both units are approximately 950 square foot for a total living space of 1900. Tax record differs from previous MLS listing, buyer to verify square footage.
Cross reference MLS# IN18038520
Buyer to cooperate with 1031 exchange
Last Agent to Sell the Property
Lilly Chiu Pelletier
THE REAL ESTATE GROUP License #01885030 Listed on: 03/05/2018
Last Buyer's Agent
Dee Chang
The Realestate Group License #00803485
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Home Details
Home Type
- Single Family
Year Built
- Built in 1992
Lot Details
- 1,347 Sq Ft Lot
- Landscaped
- Property is zoned MNRH
Parking
- 4 Car Attached Garage
- 3 Open Parking Spaces
- Parking Available
- Tandem Covered Parking
Property Views
- White Water Ocean
- Coastline
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 1,900 Sq Ft Home
- 2-Story Property
- Elevator
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Property has ocean access
- Beach Access
- Deck
- Enclosed Patio or Porch
Additional Features
- Across the Road from Lake or Ocean
- Forced Air Heating System
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Tax Lot 058
- Tax Tract Number 7
- Assessor Parcel Number 4137007058
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2020
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,000
Outstanding Balance
$567,394
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,215,677
Purchase Details
Listed on
Mar 5, 2018
Closed on
Jun 21, 2018
Sold by
Bought by
Seller's Agent
Lilly Chiu Pelletier
THE REAL ESTATE GROUP
Buyer's Agent
Dee Chang
The Realestate Group
List Price
$2,190,000
Sold Price
$2,176,000
Premium/Discount to List
-$14,000
-0.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$1,200,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 5, 2018
Closed on
Jun 13, 2018
Sold by
Bought by
Seller's Agent
Lilly Chiu Pelletier
THE REAL ESTATE GROUP
Buyer's Agent
Dee Chang
The Realestate Group
List Price
$2,190,000
Sold Price
$2,176,000
Premium/Discount to List
-$14,000
-0.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2011
Sold by
Bought by
Purchase Details
Closed on
Nov 9, 2010
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 2010
Sold by
Bought by
Purchase Details
Closed on
Nov 5, 2010
Sold by
Bought by
Purchase Details
Closed on
Aug 30, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Manhattan Beach, CA
-
Candice Carpenter
-
Victoria Waldorf
Victoria Waldorf
Equity Union
(747) 293-4720
87 Total Sales
1 in Manhattan Beach
$3,950,000 Price
-
Khanh Oberley
Khanh Oberley
Douglas Elliman of CA, Inc.
(424) 407-8581
43 Total Sales
1 in Manhattan Beach
$2,084,000 Price
-
Melissa Okabe
Melissa Okabe
Alta Properties
(562) 568-9373
29 Total Sales
2 in Manhattan Beach
$4,500,000 Price Range
-
Audrey Judson
Audrey Judson
Pacifica Properties Group, Inc.
(424) 310-1086
45 Total Sales
20 in Manhattan Beach
$2.1M - $6.1M Price Range
-
Joseph McMahon
Joseph McMahon
Keller Williams Realty
(424) 396-1573
9 Total Sales
1 in Manhattan Beach
$5,200,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Pacific Coast Title Company | ||
| -- | Pacific Coast Title Company | ||
| -- | Accommodation | ||
| $2,176,000 | Stewart Title | ||
| -- | None Available | ||
| -- | Fidelity National Title Co | ||
| $1,477,000 | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| $1,475,000 | Lawyers Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $653,000 | ||
| Open | $1,140,000 | ||
| Closed | $1,200,000 | ||
| Previous Owner | $147,500 | ||
| Previous Owner | $1,180,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2018 06/27/18 | Sold | $2,176,000 | -0.6% | $1,145 / Sq Ft |
| 04/15/2018 04/15/18 | Pending | -- | -- | -- |
| 03/05/2018 03/05/18 | For Sale | $2,190,000 | -- | $1,153 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $29,828 | $2,525,429 | $1,740,876 | $784,553 |
| 2025 | $29,828 | $2,475,912 | $1,706,742 | $769,170 |
| 2024 | $29,477 | $2,427,366 | $1,673,277 | $754,089 |
| 2023 | $28,816 | $2,379,771 | $1,640,468 | $739,303 |
| 2022 | $28,342 | $2,333,109 | $1,608,302 | $724,807 |
| 2021 | $27,884 | $2,287,363 | $1,576,767 | $710,596 |
| 2019 | $25,398 | $2,219,520 | $1,530,000 | $689,520 |
| 2018 | $19,230 | $1,663,073 | $1,274,611 | $388,462 |
| 2016 | $17,811 | $1,598,496 | $1,225,117 | $373,379 |
| 2015 | $17,442 | $1,574,486 | $1,206,715 | $367,771 |
| 2014 | $17,201 | $1,543,645 | $1,183,078 | $360,567 |
Source: Public Records
Agents Affiliated with this Home
-
LC
Seller's Agent in 2018
Lilly Chiu Pelletier
THE REAL ESTATE GROUP
-
DC
Buyer's Agent in 2018
Dee Chang
The Realestate Group
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IN18037909
APN: 4137-007-058
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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