NOT LISTED FOR SALE

2314 Manhattan Ave Hermosa Beach, CA 90254

Estimated Value: $2,685,000 - $3,178,000

3 Beds
2 Baths
1,300 Sq Ft
$2,256/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $2,415,000 $1,858 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $18,221/month

86 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Living Room
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • Bike Trail

About This Home

As of December 2021

Come view this charming 100 year old bungalow with a detached studio apartment connected by a private oasis patio. Exceptional location just 2 blocks to the sand and in desirable North Hermosa Beach, this duplex has been owned by the same family since 1964 and represents a rare opportunity.


Front bungalow is one story 2 bedroom and 1 bath, open and great sized kitchen, with a shingle exterior and eye-catching blue front door! Wonderful outdoor rear patio is spacious and ideal for friends and family. The rear studio is just above the 2 car garage and is exceptionally detailed with an ocean view and efficient yet stylish kitchen, updated bath and spacious living area/bedroom. Two car garage with tool shed at the rear of the property.

Last Agent to Sell the Property

Jane Sager

Estate Properties License #01001004 Listed on: 09/09/2021

Estate Properties

Last Buyer's Agent

Jane Sager

Estate Properties License #01001004 Listed on: 09/09/2021

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,287

Year Built

  • Built in 1923

Lot Details

  • 2,316 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 10 / 64
  • Assessor Parcel Number 4182016036

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,287

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBR1*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4182016036
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1300.00 Square Feet
  • Stories: 2
  • Entry Location: 1st Floor
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1857.69
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2316.00
  • Lot Size Acres: 0.0532

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2316.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 64
  • Tax Census Tract: 6210.04
  • Tax Lot: 10
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Feb 15, 2022
Sold by
Ellor Bhupesh Family Trust
Bought by
Ellor Bhupesh Parikh Family Trust
Seller's Agent
Jane Sager
Estate Properties
Buyer's Agent
Jane Sager
Estate Properties
List Price
$2,349,900
Sold Price
$2,415,000
Premium/Discount to List
$65,100
2.77%
Current Estimated Value
$2,932,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,553
Avg. Annual Appreciation
5.37%
Original Mortgage
$1,000,000
Outstanding Balance
$933,595
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$1,997,116

Purchase Details

Listed on
Sep 9, 2021
Closed on
Dec 10, 2021
Sold by
Parazette Katherine L and Parazette Aaron S
Bought by
Parikh Ellor and The Ellor Bhupesh Parikh Famil
Seller's Agent
Jane Sager
Estate Properties
Buyer's Agent
Jane Sager
Estate Properties
List Price
$2,349,900
Sold Price
$2,415,000
Premium/Discount to List
$65,100
2.77%

Purchase Details

Closed on
Dec 16, 2002
Sold by
Ames Margaret Marsh
Bought by
Ames Margaret Marsh and The Margaret Ames Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.86%

Purchase Details

Closed on
Mar 18, 2002
Sold by
Bouton Peter M and Ames Sarah C
Bought by
Ames Margaret Marsh and Marsh Ames Trust

Purchase Details

Closed on
Oct 11, 2000
Sold by
Ames Sarah C and Ames Sarah
Bought by
Bouton Peter M and Ames Sarah C

Purchase Details

Closed on
Sep 30, 1998
Sold by
Ames Margaret M
Bought by
Ames Margaret Marsh and Ames Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.88%

Purchase Details

Closed on
Sep 22, 1998
Sold by
Ames Margaret M and Ames Sarah
Bought by
Ames Margaret Marsh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.88%

Purchase Details

Closed on
Jan 7, 1998
Sold by
Marsh Ames Margaret M and Marsh Ames Margaret
Bought by
Ames Margaret Marsh and Marsh Ames Trust

Purchase Details

Closed on
Jan 3, 1992
Sold by
Bouton Peter
Bought by
Ames Sarah
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ellor Bhupesh Parikh Family Trust -- Pacific Coast Title
Parikh Ellor $2,415,000 Consumers Title Co Of Ca
Ames Margaret Marsh -- Equity Title Company
Ames Margaret Marsh -- Equity Title Company
Ames Margaret Marsh -- --
Bouton Peter M -- --
Ames Margaret Marsh -- --
Ames Margaret Marsh -- Investors Title Company
Ames Margaret Marsh -- --
Ames Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellor Bhupesh Parikh Family Tr $1,000,000
Closed Ellor Bhupesh Parikh Family Trust $1,000,000
Previous Owner Ames Margaret Marsh $265,000
Previous Owner Ames Margaret Marsh $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $2,415,000 +2.8% $1,858 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/26/2021 11/26/21 Price Changed $2,349,900 0.0% $1,808 / Sq Ft
11/26/2021 11/26/21 For Sale $2,349,900 +2.2% $1,808 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $2,299,000 -- $1,768 / 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 $27,287 $2,562,816 $2,440,778 $122,038
2024 $27,287 $2,512,566 $2,392,920 $119,646
2023 $26,722 $2,463,300 $2,346,000 $117,300
2022 $26,240 $2,415,000 $2,300,000 $115,000
2021 $1,576 $102,500 $66,452 $36,048
2020 $1,568 $101,450 $65,771 $35,679
2019 $1,540 $99,462 $64,482 $34,980
2018 $1,543 $97,513 $63,218 $34,295
2016 $2,165 $93,728 $60,764 $32,964
2015 $2,105 $92,321 $59,852 $32,469
2014 $2,025 $90,513 $58,680 $31,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21195213

California Regional Multiple Listing Service (CRMLS)

APN: 4182-016-036