$2,300,000
SOLD MAY 8, 2025

2300 Walnut Ave Manhattan Beach, CA 90266

2 Beds
1 Bath
792 Sq Ft
4,483 Sq Ft Lot

Recently Sold

$2,904 Per Sq Ft

15% Above List Price

4 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Bike Trail
  • Pacific Elementary School Rated A
  • Living Room
  • Rectangular Lot

About This Home

As of May 2025

This Fixer selling at land value is in the highly desirable tree section. Potential home owners and developers will find an amazing opportunity to build a dream home on one of the best streets in the tree section. This west facing Property is located in the middle of the block and is close to award winning schools, shopping malls, restaurants, and the famous Downtown Manhattan Beach and Manhattan Beach Pier. Amazing value add property for a developer. Just a few blocks from the beach. Property to be sold "as is" without any repairs.OFFERS DUE THURSDAY, MAY 1st, BY 5 PM

Last Agent to Sell the Property

Michael Millea

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-233-2800 License #01069014 Listed on: 04/26/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Robert Millea

Robert Joseph Millea Brokerage Phone: 310-233-2800 License #01313057

Last Buyer's Agent

Kathy Siegel

Vista Sotheby’s International Realty License #01877303

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1948

Lot Details

  • 4,483 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard
  • Value in Land
  • Property is zoned MNRS

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Schools

  • Pacific Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Listing and Financial Details

  • Legal Lot and Block 10 / 45
  • Tax Tract Number 1638
  • Assessor Parcel Number 4171010010
  • $450 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,384

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MNRS
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4171010010
  • Year Built: 1948
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 792.00 Square Feet
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2904.04
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Street Lights

Schools

  • School District: Manhattan Unified
  • Elementary School: Pacific
  • Middle School: Manhattan Beach
  • High School: Mira Costa
  • Elementary School: Pacific
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: PACIFI2
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Value In Land
  • Lot Size Sq Ft: 4483.00
  • Lot Size Acres: 0.1029

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4483.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 45
  • Tax Census Tract: 6203.03
  • Tax Lot: 10
  • Tax Tract Number: 1638
  • TaxOtherAnnualAssessmentAmount: 450.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2025
Closed on
May 5, 2025
Sold by
Arden M Hampton Trust and Wells Crescent B
Bought by
Bsc Investment Group Llc
Seller's Agent
Michael Millea
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Kathy Siegel
Vista Sotheby’s International Realty
List Price
$1,995,000
Sold Price
$2,300,000
Premium/Discount to List
$305,000
15.29%
Views
12
Current Estimated Value
$2,234,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,382
Avg. Annual Appreciation
-9.17%
Original Mortgage
$1,265,000
Outstanding Balance
$1,263,679
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$970,939
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,300,000 Upward Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,265,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold $2,300,000 +15.3% $2,904 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/26/2025 04/26/25 For Sale $1,995,000 -- $2,519 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $1,384 $87,455 $72,292 $15,163
2024 $1,384 $85,741 $70,875 $14,866
2023 $1,307 $84,061 $69,486 $14,575
2022 $1,291 $82,414 $68,124 $14,290
2021 $1,309 $80,799 $66,789 $14,010
2019 $1,282 $78,405 $64,809 $13,596
2018 $1,228 $76,869 $63,539 $13,330
2016 $939 $73,886 $61,073 $12,813
2015 $921 $72,777 $60,156 $12,621
2014 $921 $71,352 $58,978 $12,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25088292

California Regional Multiple Listing Service (CRMLS)

APN: 4171-010-010