J
Seller's Agent in 2017
Jay Harkenrider
Riddle & Ross, Inc.
(310) 545-6555
5 in this area
13 Total Sales
2416 The Strand Manhattan Beach, CA 90266
Estimated Value: $5,313,000 - $13,727,621
4
Beds
3
Baths
2,547
Sq Ft
$3,738/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Central Heating
- Grand View Elementary School Rated A
- Laundry Room
- 3-minute walk to Bruce's Beach
About This Home
As of December 2017Fantastic opportunity on the Manhattan Strand. Currently a vintage Tri-Plex with 2 bedroom, 1 bath, front house with artist studio, basement for storage and cozy patio, plus (Two) 1 bedroom, 1 bath rental units above & beside the 2 car garage. Situated in that perfect zone between the Manhattan Beach Pier and North Manhattan Beach surfing spot "El Porto". Doesn't get much better!! You can continue to rent it out while you design your dream home or maybe remodel the front house and enjoy what's there...
Last Agent to Sell the Property
Riddle & Ross, Inc. License #00858217 Listed on: 08/10/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $131,451
Year Built
- Built in 1925
Lot Details
- 3,498 Sq Ft Lot
- Lot Dimensions are 33x105
- Beach Front
- No Common Walls
- Lot Sloped Down
- Value in Land
Parking
- 2 Car Garage
Property Views
- Ocean
- Coastline
- Panoramic
Home Design
- Triplex
- Fixer Upper
Interior Spaces
- 2,547 Sq Ft Home
- Gas Fireplace
- Living Room with Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Urban Location
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 6 / 3
- Assessor Parcel Number 4177026007
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $420
- Fuel Expense $180
- Gardener Expense $1,440
- Insurance Expense $1,675
- Trash Expense $516
- Water Sewer Expense $924
- New Taxes Expense $3,936
- Operating Expense $9,101
- Gross Income $37,200
- Net Operating Income $28,099
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2017
Sold by
Rhind John J
Bought by
Strand 2416 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,850,000
Interest Rate
3.88%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Strand 2416 Llc | $9,700,000 | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Strand 2416 Llc | $4,850,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2017 12/07/17 | Sold | $9,750,000 | -10.6% | $3,828 / Sq Ft |
| 09/14/2017 09/14/17 | Pending | -- | -- | -- |
| 08/10/2017 08/10/17 | For Sale | $10,900,000 | -- | $4,280 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $131,451 | $15,450,911 | $11,036,943 | $4,413,968 |
| 2024 | $131,451 | $11,705,579 | $10,820,533 | $885,046 |
| 2023 | $128,179 | $11,476,059 | $10,608,366 | $867,693 |
| 2022 | $125,933 | $11,251,039 | $10,400,359 | $850,680 |
| 2021 | $123,552 | $11,030,431 | $10,196,431 | $834,000 |
| 2019 | $111,356 | $9,894,580 | $9,588,000 | $306,580 |
| 2018 | $109,258 | $9,700,580 | $9,400,000 | $300,580 |
| 2017 | $4,146 | $330,145 | $255,598 | $74,547 |
| 2016 | $3,936 | $323,673 | $250,587 | $73,086 |
| 2015 | $3,858 | $318,812 | $246,823 | $71,989 |
| 2014 | $3,827 | $312,568 | $241,989 | $70,579 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Harkenrider
-
Dennis Moloney
Buyer's Agent in 2017
Dennis Moloney
Strand Hill Properties
(310) 937-5100
14 in this area
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17185123
APN: 4177-026-007
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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