NOT LISTED FOR SALE

233 38th Place Manhattan Beach, CA 90266

Estimated Value: $2,236,000 - $2,552,000

3 Beds
3 Baths
1,540 Sq Ft
$1,561/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $1,830,000 $1,188 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $14,706/month

21 Days on Market

Highlights

  • Beach Access
  • Corner Lot
  • Balcony
  • Grand View Elementary School Rated A

About This Home

As of October 2021

Two blocks from the ocean, situated in heart of Manhattan Beach. Stroll to restaurants, coffee shops and just steps from the beach! This duplex offers a total of 3 bedrooms + 3 baths. Upper unit consists of 2 bedrooms + 2 baths with private balcony and peek-a-boo ocean views. This gem has been renovated with white oak floors & 4" recessed LED lights throughout, A/C & heating wall units in the living room & bedrooms, walk in closet and new solid wood doors. Principle bathroom offers "surfer access" wonderful for cleaning up after a day at the beach! Directly leading from the outdoors to the seamless shower with marble titled floors & sitting bench. 2nd bath boasts grand free standing soaking tub with designer fixtures, Toto toilets and new sink. Downstairs unit offers 1 bedroom +1 bath, cute as a button! Nicely titled kitchen counter tops and backsplash & wood-like floors. Duplex comes with 2 car garage. Benefit from award winning school.

Last Agent to Sell the Property

Vivian Lesny

eXp Realty of Greater Los Angeles License #01409458 Listed on: 07/12/2021

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Kikuo Takahashi

License #01008077

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,550

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 1,566 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1,540 Sq Ft Home
  • Duplex
  • Split Level Home

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in Garage

Outdoor Features

  • Beach Access
  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 4137-011-059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,550

Year Built

Built in 1962 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 1540
  • Lot Acreage: 0.0359
  • Property Condition: Updated/Remodeled
  • Year Built: 1962
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Bedrooms: 3
  • Laundry: Garage, Community
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 1201.30

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 16.74
  • Assessed Improvement Value: 190773
  • Assessed Land Percent: 83.26
  • Assessed Land Value: 948574
  • Total Assessed Value: 1139347
  • Assessor Parcel Number: 4137-011-059
  • Lot Description: 2-4 Lots
  • Lot Location: Beach Access, Corner Lot
  • Lot Size Area: 1566

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Number Wall A C: 1
  • Total Annual Expense: 19800
  • Type Of Units: DUPLEX
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Oct 8, 2021
Sold by
Lee Joon Ho and Lee Eun Sil
Bought by
Kato Kiana
Seller's Agent
Vivian Lesny
eXp Realty of Greater Los Angeles
Buyer's Agent
Kikuo Takahashi
List Price
$1,890,000
Sold Price
$1,830,000
Premium/Discount to List
-$60,000
-3.17%
Current Estimated Value
$2,403,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,514
Avg. Annual Appreciation
7.09%
Original Mortgage
$552,000
Outstanding Balance
$503,373
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,900,141

Purchase Details

Listed on
Feb 19, 2020
Closed on
Jan 27, 2020
Sold by
Streeter Kimberly Ketterman and Streeter Matthew
Bought by
Lee Joon Ho and Lee Eun Sil
Seller's Agent
Rob McGarry
Vista Sotheby’s International Realty
Buyer's Agent
Rob McGarry
Vista Sotheby’s International Realty
List Price
$1,550,000
Sold Price
$1,538,000
Premium/Discount to List
-$12,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$1,153,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2012
Sold by
Ketterman Kimberly M
Bought by
Ketterman Kimberly M and Streeter Matthew

Purchase Details

Closed on
Aug 27, 2012
Sold by
Streeter Matthew
Bought by
Ketterman Kimberly M and Ketterman Kimberly

Purchase Details

Closed on
Aug 20, 2012
Sold by
Deems Marshall R
Bought by
Ketterman Kimberly M and Ketterman Kimberly

Purchase Details

Closed on
May 2, 2005
Sold by
Deems Marshall
Bought by
Deems Marshall R and Deems Barbara A

Purchase Details

Closed on
Jul 7, 2004
Sold by
38Th Place A Llc
Bought by
Ketterman Kimberly and Deems Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2003
Sold by
Clayton David B
Bought by
Corbalis Cari L

Purchase Details

Closed on
Sep 15, 1998
Sold by
Miller Scott
Bought by
38Th Place Llc

Purchase Details

Closed on
Jun 5, 1997
Sold by
Miller Maria D
Bought by
Miller Scott
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
Kato Kiana $1,830,000 Lawyers Title
Lee Joon Ho $1,538,000 Usa National Title Company
Ketterman Kimberly M -- Accommodation
Ketterman Kimberly M -- Fidelity National Title Co
Ketterman Kimberly M -- Fidelity National Title Co
Deems Marshall R -- --
Ketterman Kimberly $899,000 Fidelity National Title Co L
Corbalis Fred F -- Fidelity National Title Co L
Corbalis Cari L -- --
38Th Place Llc -- --
Miller Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kato Kiana $552,000
Previous Owner Lee Joon Ho $1,153,500
Previous Owner Ketterman Kimberly $650,000
Closed Ketterman Kimberly $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2021 10/21/21 Sold $1,830,000 -1.1% $1,188 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $1,850,000 -2.1% $1,201 / Sq Ft
07/12/2021 07/12/21 For Sale $1,890,000 +22.9% $1,227 / Sq Ft
03/05/2020 03/05/20 Sold $1,538,000 -0.8% $999 / Sq Ft View Prior Sale
02/19/2020 02/19/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $1,550,000 -- $1,006 / Sq Ft
Source: The MLS

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 $23,550 $1,942,009 $1,697,932 $244,077
2024 $23,550 $1,903,932 $1,664,640 $239,292
2023 $22,984 $1,866,600 $1,632,000 $234,600
2022 $22,613 $1,830,000 $1,600,000 $230,000
2021 $19,619 $1,553,933 $1,452,897 $101,036
2020 $15,780 $1,209,080 $1,006,632 $202,448
2019 $13,823 $1,185,374 $986,895 $198,479
2018 $13,553 $1,162,133 $967,545 $194,588
2016 $12,523 $1,117,008 $929,975 $187,033
2015 $12,264 $1,100,230 $916,006 $184,224
2014 $12,100 $1,078,679 $898,063 $180,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-757468

The MLS

APN: 4137-011-059