NOT LISTED FOR SALE

Estimated Value: $4,753,466 - $5,358,000

3 Beds
3.5 Baths
2,321 Sq Ft
$2,152/Sq Ft Est. Value

Last Sold August 31, 2019

Last sale price $3,480,325 $1,499 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $29,635/month

43 Days on Market

Highlights

  • White Water Ocean Views
  • Beach Access
  • All Bedrooms Downstairs
  • Opal Robinson Elementary School Rated A
  • Primary Bedroom Suite
  • Ocean Side of Highway 1

About This Home

As of August 2019

Ideally located on a wide, south facing corner lot, in the desirable south end sand section of Manhattan Beach, this freestanding
town home has unobstructed ocean, beach and city views, from the top floor and master bedroom. Light and airy with cathedral
ceilings, skylights and a southwest exposure, the home underwent a stunning, major remodel of the interior in 2016. The top
floor is a large open living space connecting the living room, kitchen and dining area to the multiple view decks. The kitchen
features a full height glass mosaic back-splash, stone “waterfall” counter, Thermador stainless steel appliances and custom
walnut floating shelves. The large, romantic master suite has a fireplace, ocean view deck and huge walk-in closet. A luxurious
master bath has Restoration Hardware appointments, Asian statuary marble, a soaking tub and oversized shower with rain shower
head and hand held fixture. There are two more spacious, en suite bedrooms, a separate laundry room with ample
storage, parking spaces for 5 cars, a security system, central vacuum system and new HVAC. Just two blocks to the beach,
Robinson Elementary School and a short walk to downtown Manhattan Beach’s shops, spas and numerous restaurants.

Last Agent to Sell the Property

Barbi Pappas

Vista Sotheby’s International Realty License #00871658 Listed on: 04/09/2019

Vista Sotheby’s International Realty

Last Buyer's Agent

Barbi Pappas

Vista Sotheby’s International Realty License #00871658 Listed on: 04/09/2019

Vista Sotheby’s International Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 3,329 Sq Ft Lot
  • No Common Walls
  • Southwest Facing Home
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Attached Carport
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Guest Parking
  • On-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Home Design

  • Major Repairs Completed
  • Stucco

Interior Spaces

  • 2,321 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Low Emissivity Windows
  • Blinds
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Storage
  • Laundry Room
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Bathtub
  • Separate Shower

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Tile Patio or Porch
  • Exterior Lighting

Schools

  • Robinson Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6209
  • Assessor Parcel Number 4180010047

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1991 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: MNRM
  • Property Condition: Repairs Major, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4180010047
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2321.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Vacuum Central
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Living Room, Master Bedroom, Gas, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1499.49
  • Room Type: All Bedrooms Down, Entry, Great Room, Laundry, Living Room, Master Bathroom, Master Suite, Multi-Level Bedroom, Walk-In Closet
  • Window Features: Blinds, Low Emissivity Windows, Skylight(s)
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Double Sinks In Master Bath, Separate Tub And Shower, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Other Structures: Two On A Lot
  • View: City Lights, Coastline, Ocean, Water, White Water
  • Patio And Porch Features: Deck, Tile
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Attached Carport, Covered, Direct Garage Access, Concrete, Garage Faces Front, Garage - Two Door, Guest, Private, Side by Side, Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Range, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Robinson
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: ROBINS
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Sprinklers Timer
  • Lot Size Sq Ft: 3329.00
  • Lot Size Acres: 0.0764

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3329.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 6209.04
  • Tax Lot: 1
  • Tax Tract Number: 6209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Low Yeng Keong and Lam May Y
Bought by
Mcmahon John B and Mcmahon Kathryn J
Current Estimated Value
$4,994,489

Purchase Details

Listed on
Apr 21, 2015
Closed on
May 1, 2015
Sold by
Rubin Philip A
Bought by
The Lam Family Trust
Seller's Agent
Rachel Ezra
Vista Sotheby’s International Realty
Buyer's Agent
Barbi Pappas
Vista Sotheby’s International Realty
List Price
$2,500,000
Sold Price
$2,881,855
Premium/Discount to List
$381,855
15.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$2,000,001
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1997
Sold by
Nemiroff Arthur
Bought by
Rubin Philip A and Rubin Lillie Belle
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
Mcmahon John B $3,480,500 Usa National Title Co
The Lam Family Trust $2,882,000 Ticor Title Co
Rubin Philip A $775,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Lam Family Trust $2,000,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2019 08/31/19 Sold $3,480,325 -3.3% $1,499 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $3,599,000 +24.9% $1,551 / Sq Ft
05/29/2015 05/29/15 Sold $2,881,855 +15.3% $1,242 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $2,500,000 0.0% $1,077 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $2,500,000 -- $1,077 / 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 $42,226 $3,805,885 $1,640,468 $2,165,417
2024 $42,226 $3,731,260 $1,608,302 $2,122,958
2023 $41,165 $3,658,099 $1,576,767 $2,081,332
2022 $40,447 $3,586,372 $1,545,850 $2,040,522
2021 $39,682 $3,516,052 $1,515,540 $2,000,512
2019 $35,256 $3,104,930 $2,483,924 $621,006
2018 $34,582 $3,044,050 $2,435,220 $608,830
2016 $32,282 $2,925,848 $2,340,658 $585,190
2015 $11,447 $1,029,646 $730,720 $298,926
2014 $11,290 $1,009,478 $716,407 $293,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19071927

California Regional Multiple Listing Service (CRMLS)

APN: 4180-010-047