NOT LISTED FOR SALE

2316 Walnut Ave Manhattan Beach, CA 90266

Estimated Value: $2,320,000 - $4,922,000

2 Beds
1 Bath
918 Sq Ft
$4,328/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $1,475,000 $1,607 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $24,322/month

19 Days on Market

Highlights

  • Filtered Pool
  • View of Trees or Woods
  • Laundry Room
  • Pacific Elementary School Rated A
  • No HOA
  • Family Room

About This Home

As of October 2016

Welcome home to this fabulous Manhattan Beach Tree Section Mid-Century Beach, Garden, Pool Cottage. Quiet flat lot which slopes gently to the street ( 4483 sq.ft.) Relax on your front porch right next to your fruit trees and garden. The home has two bedrooms and one bath with hardwood floors. Single car detached garage in the rear. You can also relax in the enclave/Lani that is at the rear of the lot over looking the pool. Living in this home will transport you back to an era of why people moved to the beach. At the same time this is an excellent investment with new homes in the area selling for three million dollars plus. The value of this home is in the land alone. You could have a minimalist lifestyle or build your dream home. This is a Prime location with everything Manhattan Beach has to offer. Investors, Builders, Developers, First Time Home Buyers... this is an opportunity you don't want to miss out on. Make the call now to own this home.

Last Agent to Sell the Property

Fred Bevi

Bridget Flavin License #01293673 Listed on: 08/20/2016

Co-Listed By

Aimee Heisler

Coldwell Banker Realty License #01371396

Last Buyer's Agent

Thomas Beadel

HVN Development, Inc License #01363751

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,821

Year Built

  • Built in 1946

Lot Details

  • 4,483 Sq Ft Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard
  • Value in Land
  • Property is zoned MNRS

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 918 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Views of Woods

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Pool

  • Filtered Pool
  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Rain Gutters

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 1638
  • Assessor Parcel Number 4171010006

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,821

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: agent cell
  • Other Phone Number: 9495841865
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4171010006
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 918.00
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1606.75
  • Room Type: All Bedrooms Down, Family Room, Main Floor Bedroom

Exterior Features

  • View: Trees/Woods
  • Pool Features: Filtered, Gunite, In Ground

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Kitchen, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Rectangular Lot, Value In Land, Paved
  • Lot Size Sq Ft: 4483.00
  • Price Per Lot Square Foot: 334.60

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Kelly Matthew P and Kelly Vivian
Bought by
Kelly Matthew P and Kelly Vivian
Current Estimated Value
$3,973,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,361,348
Outstanding Balance
$2,095,540
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$1,877,842

Purchase Details

Closed on
Nov 20, 2019
Sold by
Kelly Matthew P and Kelly Vivian
Bought by
Kelly Matthew P and Kelly Vivian

Purchase Details

Closed on
Sep 11, 2018
Sold by
Tjc Opportunity Fund Ii B Lp
Bought by
Kelly Matthew P and Kelly Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,424,937
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Listed on
Aug 20, 2016
Closed on
Sep 13, 2016
Sold by
Petersen Letty
Bought by
Tjc Opportunity Fund Ii B Lp
Seller's Agent
Fred Bevi
Bridget Flavin
Buyer's Agent
Thomas Beadel
HVN Development, Inc
List Price
$1,500,000
Sold Price
$1,475,000
Premium/Discount to List
-$25,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$1,162,000
Interest Rate
3.44%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kelly Matthew P -- Accommodation
Kelly Matthew P -- Wfg National Title
Kelly Matthew P -- None Available
Kelly Matthew P $3,195,000 Fidelity National Title Comp
Tjc Opportunity Fund Ii B Lp $1,475,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Matthew P $2,361,348
Closed Kelly Matthew P $2,424,937
Previous Owner Tjc Opportunity Fund Ii B Lp $1,162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2016 10/19/16 Sold $1,475,000 -1.7% $1,607 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $1,500,000 -- $1,634 / 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 $39,821 $3,564,078 $1,749,131 $1,814,947
2024 $39,821 $3,494,195 $1,714,835 $1,779,360
2023 $38,736 $3,425,682 $1,681,211 $1,744,471
2022 $38,062 $3,358,513 $1,648,247 $1,710,266
2021 $37,359 $3,292,661 $1,615,929 $1,676,732
2019 $36,208 $3,195,000 $1,568,000 $1,627,000
2018 $17,335 $1,504,500 $1,203,600 $300,900
2016 $1,077 $81,346 $61,073 $20,273
2015 $1,057 $80,125 $60,156 $19,969
2014 $1,054 $78,556 $58,978 $19,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16184118

California Regional Multiple Listing Service (CRMLS)

APN: 4171-010-006