NOT LISTED FOR SALE

2408 Highland Ave Manhattan Beach, CA 90266

Estimated Value: $4,154,000 - $4,981,000

5 Beds
4 Baths
3,153 Sq Ft
$1,394/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $3,700,000 $1,173 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $27,078/month

77 Days on Market

Highlights

  • Ocean View
  • Laundry Room
  • 1-minute walk to Bruce's Beach
  • Grand View Elementary School Rated A

About This Home

As of August 2021

Large triplex situated on a full lot in a great location, just north of Marine Avenue. Incredible opportunity to purchase prime sand section "side-by-side" properties, totaling 1 and 1/2 lots (half lot/duplex to the south also on market - 2404 Highland). Close to the beach, close to downtown, and a unique opportunity for development potential.

Last Agent to Sell the Property

Jennifer Caras

Vista Sotheby’s International Realty License #01466213 Listed on: 03/24/2021

Last Buyer's Agent

Christy Brown

Vista Sotheby’s International Realty License #01907577

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,932

Year Built

  • Built in 1960

Lot Details

  • 3,495 Sq Ft Lot
  • No Common Walls
  • Value in Land

Parking

  • 6 Car Garage

Property Views

  • Ocean
  • Panoramic

Home Design

  • 3,153 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 8 / 19
  • Tax Tract Number 6174
  • Assessor Parcel Number 4177016009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,932

Year Built

Built in 1960

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: MNRH
  • Property Type: Residential Income
  • Parcel Number: 4177016009
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 1173.49

Exterior Features

  • View: Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 3495.00
  • Lot Size Acres: 0.0802

Multi Family

  • Lot Size Area: 3495.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 6203.05
  • Tax Lot: 8
  • Tax Tract Number: 6174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 30, 2021
Sold by
Hark Leigh Ann and Santos Paige B
Bought by
Tofflemire Carl D and Boyer Joann M
Seller's Agent
Jennifer Caras
Vista Sotheby’s International Realty
Buyer's Agent
Christy Brown
Vista Sotheby’s International Realty
List Price
$3,995,000
Sold Price
$3,700,000
Premium/Discount to List
-$295,000
-7.38%
Current Estimated Value
$4,395,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$695,322
Avg. Annual Appreciation
4.80%
Original Mortgage
$2,200,000
Outstanding Balance
$2,003,464
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,484,421
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
Tofflemire Carl D $3,700,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boye Carl $400,000
Open Tofflemire Carl D $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $3,700,000 -7.4% $1,173 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $3,995,000 -- $1,267 / 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 $43,932 $3,926,469 $3,873,409 $53,060
2024 $43,932 $3,849,480 $3,797,460 $52,020
2023 $42,772 $3,774,000 $3,723,000 $51,000
2022 $42,031 $3,700,000 $3,650,000 $50,000
2021 $3,801 $289,189 $168,491 $120,698
2020 $3,767 $286,225 $166,764 $119,461
2019 $3,705 $280,614 $163,495 $117,119
2018 $3,575 $275,113 $160,290 $114,823
2016 $3,338 $264,432 $154,067 $110,365
2015 $3,275 $260,461 $151,753 $108,708
2014 $3,253 $255,360 $148,781 $106,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21059226

California Regional Multiple Listing Service (CRMLS)

APN: 4177-016-009