NOT LISTED FOR SALE

2501 Elm Ave Manhattan Beach, CA 90266

Estimated Value: $1,988,000 - $2,489,000

2 Beds
1.5 Baths
1,091 Sq Ft
$2,037/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $1,950,000 $1,787 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,495/month

146 Days on Market

Highlights

  • Updated Kitchen
  • Main Floor Bedroom
  • Private Yard
  • Pacific Elementary School Rated A
  • Corner Lot
  • No HOA

About This Home

As of July 2024

Off Marine Avenue, this recently renovated home is situated on a corner lot in the sought-after Tree Section. Modern upgrades encompass new laminate flooring, recessed lighting, stainless steel kitchen appliances, updated bathroom finishes, partial roof, and more! A standout feature is the spacious basement, offering versatility as a game room, yoga studio, or additional living space. Please note that the powder room in the basement was added without permits. Conveniently located near Manhattan Village, Greenbelt, Shopping Center, and an array of upscale shops and restaurants, this home provides a tranquil retreat from the urban buzz. Seller may consider carry. All photos were taken before tenant moved out.

Last Agent to Sell the Property

Amir Amiri

Merit Real Estate Brokerage Email: Amir@meritrealestate.com License #01041226 Listed on: 02/01/2024

Last Buyer's Agent

Oscar Salazar

Merit Real Estate License #01725729

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 4,481 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Private Yard
  • Property is zoned MNRS-D4

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,091 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Laminate Flooring
  • Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Energy-Efficient Insulation
  • Wood Patio
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 40
  • Tax Tract Number 1638
  • Assessor Parcel Number 4173025030

Home Details

Home Type

Single Family

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: No
  • Zoning: MNRS-D4
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4173025030
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1091.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1787.35
  • Room Type: Basement, Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Granite Counters, Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio, Wood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Green Features

  • Efficiency: Insulation

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Yard
  • Lot Size Sq Ft: 4481.00
  • Lot Size Acres: 0.1029
  • Latitude Manual: 33.89472300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4481.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 40
  • Tax Census Tract: 6203.03
  • Tax Lot: 11
  • Tax Tract Number: 1638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jul 22, 2024
Sold by
Minoo Hart Trust and Hart Minoo
Bought by
Diane Chang 2021 Trust and Chang
Seller's Agent
Amir Amiri
Merit Real Estate
Buyer's Agent
Oscar Salazar
Merit Real Estate
List Price
$1,990,000
Sold Price
$1,950,000
Premium/Discount to List
-$40,000
-2.01%
Views
94
Current Estimated Value
$2,253,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,268
Avg. Annual Appreciation
9.16%
Original Mortgage
$1,560,000
Outstanding Balance
$1,242,777
Interest Rate
6.95%
Mortgage Type
Seller Take Back
Estimated Equity
$979,264

Purchase Details

Closed on
Dec 11, 2006
Sold by
Hart Minoo
Bought by
Hart Minoo and Minoo Hart Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2006
Sold by
Hart Minoo and Minoo Hart Trust
Bought by
Hart Minoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2002
Sold by
Exposito Melina and Estate Of Raymond Louis Gilmor
Bought by
Hart Minoo and The Minoo Hart Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.5%

Purchase Details

Closed on
May 24, 1996
Sold by
Gilmore Raymond Louis
Bought by
Gilmore Raymond Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diane Chang 2021 Trust $1,950,000 Lawyers Title Company
Hart Minoo -- Accommodation
Hart Minoo -- Financial Title Company
Hart Minoo $550,000 Equity Title Company
Gilmore Raymond Louis -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diane Chang 2021 Trust $1,560,000
Previous Owner Hart Minoo $500,000
Previous Owner Hart Minoo $385,000
Previous Owner Gilmore Raymond Louis $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $1,950,000 -2.0% $1,787 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $1,990,000 0.0% $1,824 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,990,000 0.0% $1,824 / Sq Ft
10/05/2020 10/05/20 Rented $4,500 0.0% --
09/19/2020 09/19/20 For Rent $4,500 0.0% --
09/16/2020 09/16/20 Off Market $4,500 -- --
09/10/2020 09/10/20 Price Changed $4,500 -9.1% $4 / Sq Ft
07/28/2020 07/28/20 Price Changed $4,950 -1.0% $5 / Sq Ft
06/25/2020 06/25/20 Price Changed $5,000 -9.1% $5 / Sq Ft
04/16/2020 04/16/20 For Rent $5,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,387 $1,950,000 $1,812,400 $137,600
2024 $9,387 $780,947 $624,765 $156,182
2023 $9,055 $765,635 $612,515 $153,120
2022 $8,905 $750,623 $600,505 $150,118
2021 $8,797 $735,906 $588,731 $147,175
2019 $8,569 $714,080 $571,270 $142,810
2018 $8,347 $700,079 $560,069 $140,010
2016 $7,633 $672,896 $538,322 $134,574
2015 $7,477 $662,789 $530,236 $132,553
2014 $7,381 $649,807 $519,850 $129,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24008835

California Regional Multiple Listing Service (CRMLS)

APN: 4173-025-030