Seller's Agent in 2012
Robert Schumann
Real Estate West, Inc.
(310) 546-3441
2 in this area
9 Total Sales
2508 Manhattan Ave Manhattan Beach, CA 90266
Estimated Value: $3,896,000 - $7,360,000
8
Beds
4
Baths
4,563
Sq Ft
$1,315/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Property has ocean access
- Contemporary Architecture
- Grand View Elementary School Rated A
- All Bedrooms Downstairs
- 1-minute walk to Bruce's Beach
About This Home
As of January 2012DRAMATIC $145,000 PRICE REDUCTION! NEVER TO BE DUPLICATED OCEAN VIEW INVESTMENT PROPERTY 1 BLOCK FROM THE BEACH. 4 PRISTINE RESIDENTIAL UNITS IN 2 SEPARATE BUILDINGS SITUATED ON A FULL 33.3 X 105 WEST FACING LOT IN PREMIERE MANHATTAN BEACH LOCATION FEATURES TOWNHOME STYLE OWNERS UNIT WITH PANORAMIC WHITE WATER AND COASTLINE VIEWS FROM PALOS VERDES TO MALIBU.
Last Agent to Sell the Property
Real Estate West, Inc. License #00481263 Listed on: 07/26/2011
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,505
Year Built
- Built in 1973
Lot Details
- 3,498 Sq Ft Lot
- Lot Dimensions are 33.3x105
- Property fronts an alley
- West Facing Home
Parking
- 6 Car Garage
- Parking Available
- Garage Door Opener
- Lot Has A Rolling Slope
- Driveway
Property Views
- White Water Ocean
- Coastline
- Views of a pier
- Catalina
- Panoramic
Home Design
- Contemporary Architecture
- Frame Construction
- Tar and Gravel Roof
- Stucco
Interior Spaces
- 4,563 Sq Ft Home
- Electric Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Living Room with Attached Deck
- Living Room Balcony
Kitchen
- Dishwasher
- Corian Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Gas And Electric Dryer Hookup
Outdoor Features
- Property has ocean access
- Beach Access
- Exterior Lighting
- Rain Gutters
Utilities
- Forced Air Heating System
- Underground Utilities
- Gas Water Heater
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 9 / 13
- Tax Tract Number 14
- Assessor Parcel Number 4177025026
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Cable TV Expense $1,306
- Insurance Expense $2,594
- Trash Expense $1,451
- New Taxes Expense $33,540
- Gross Income $10,550
- Net Operating Income $87,520
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2012
Sold by
Moritz Neal and Moritz Sarah T
Bought by
Moritz Neal and Moritz Sarah T
Total Days on Market
157
Current Estimated Value
Purchase Details
Listed on
Jul 26, 2011
Closed on
Dec 28, 2011
Sold by
Tompkins Kathy and Raymond G Dawson Trust
Bought by
Mortiz Neal and Mortiz Sarah T
Seller's Agent
Robert Schumann
Real Estate West, Inc.
Buyer's Agent
Paul Brown
Morris Williams Realty
List Price
$2,795,000
Sold Price
$2,500,000
Premium/Discount to List
-$295,000
-10.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Purchase Details
Closed on
Apr 30, 2009
Sold by
Raymond G Dawson Trust
Bought by
Dawson Jo Ann
Purchase Details
Closed on
Feb 15, 2001
Sold by
Douthit Russell E
Bought by
The Russell E & Judith Ann Douthit Famil
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moritz Neal | -- | None Available | |
| Mortiz Neal | $2,500,000 | Provident Title Co | |
| Dawson Jo Ann | -- | None Available | |
| The Russell E & Judith Ann Douthit Famil | -- | Provident Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/04/2012 01/04/12 | Sold | $2,500,000 | -10.6% | $548 / Sq Ft |
| 12/30/2011 12/30/11 | Pending | -- | -- | -- |
| 07/26/2011 07/26/11 | For Sale | $2,795,000 | -- | $613 / 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 | $35,505 | $3,140,132 | $1,884,081 | $1,256,051 |
| 2024 | $35,505 | $3,078,562 | $1,847,139 | $1,231,423 |
| 2023 | $34,543 | $3,018,199 | $1,810,921 | $1,207,278 |
| 2022 | $33,949 | $2,959,019 | $1,775,413 | $1,183,606 |
| 2021 | $33,426 | $2,901,000 | $1,740,601 | $1,160,399 |
| 2019 | $32,531 | $2,814,957 | $1,688,975 | $1,125,982 |
| 2018 | $31,874 | $2,759,762 | $1,655,858 | $1,103,904 |
| 2016 | $29,692 | $2,652,599 | $1,591,560 | $1,061,039 |
| 2015 | $29,079 | $2,612,756 | $1,567,654 | $1,045,102 |
| 2014 | $28,683 | $2,561,576 | $1,536,946 | $1,024,630 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Schumann
-
Paul Brown
P
Buyer's Agent in 2012
Paul Brown
Morris Williams Realty
(310) 344-1212
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S11096758
APN: 4177-025-026
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