R
Seller's Agent in 2024
Robert Millea
Robert Joseph Millea
(310) 625-7951
2 in this area
3 Total Sales
3108 Laurel Ave Manhattan Beach, CA 90266
Estimated Value: $2,313,000 - $2,828,000
4
Beds
3
Baths
1,373
Sq Ft
$1,806/Sq Ft
Est. Value
Highlights
- Laundry Room
- Landscaped
- Wall Furnace
- Grand View Elementary School Rated A
- Bike Trail
About This Home
As of July 2024Updated tri-plex in the heart of the Tree Section. Close to greenbelt, downtown and award winning schools. Front building consists of two units: Unit #A is a light and bright 2 bedroom 1 bath, small office area, and private patio. Unit #B is a 1 bedroom 1 bath with a very cool vibe - enjoy the private yard view from the oversized Dutch Door. Rear building is a studio over 1 car garage, large grassy yard, and laundry room.
Front building brings in over 80% of the income.
Keep front building for the charm and income.
Bring your Architect and vision for the re-imagination of the rear of the property.
Last Agent to Sell the Property
Robert Joseph Millea Brokerage Phone: 310-625-7951 License #01313057 Listed on: 05/08/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 4,640 Sq Ft Lot
- No Common Walls
- Landscaped
Parking
- 1 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
- Asphalt Roof
Interior Spaces
- 1,373 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Dishwasher
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 7 / 12
- Tax Tract Number 1638
- Assessor Parcel Number 4174008011
- $683 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 3 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,400
- Gardener Expense $720
- Insurance Expense $1,500
- Professional Management Expense $4,590
- Trash Expense $350
- Water Sewer Expense $2,400
- Operating Expense $11,960
- Gross Income $91,800
- Net Operating Income $71,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Jul 24, 2024
Sold by
M8 Llc
Bought by
Homes Mark and Caruana Natalia Traverso
Seller's Agent
Robert Millea
Robert Joseph Millea
Buyer's Agent
Andrea Don
DOMO Real Estate
List Price
$2,100,000
Sold Price
$2,200,000
Premium/Discount to List
$100,000
4.76%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,078
Avg. Annual Appreciation
8.74%
Original Mortgage
$1,760,000
Outstanding Balance
$1,734,016
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$746,062
Purchase Details
Closed on
May 21, 2024
Sold by
M8 Llc
Bought by
M8 Llc
Purchase Details
Closed on
Aug 2, 2020
Sold by
Millea Michael C and Millea Edwin F
Bought by
M8 Llc
Purchase Details
Closed on
Jun 28, 2018
Sold by
Millea Robert Joseph and The Millea Living Trust
Bought by
Millea Robert Joseph and Millea Survivor S Trust
Purchase Details
Closed on
Apr 4, 2016
Sold by
Millea Michael F and Millea Barbara A
Bought by
Millea Robert Joseph and Millea Living Trust
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 |
|---|---|---|---|
| Homes Mark | $2,200,000 | Upward Title Company | |
| M8 Llc | -- | Av Land Title Consulting | |
| M8 Llc | -- | None Available | |
| Millea Michael C | -- | None Available | |
| Millea Robert Joseph | -- | None Available | |
| Millea Robert Joseph | -- | None Available | |
| Millea Robert Joseph | -- | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Homes Mark | $1,760,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $2,200,000 | +4.8% | $1,602 / Sq Ft |
| 05/08/2024 05/08/24 | For Sale | $2,100,000 | -- | $1,529 / 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 | $8,565 | $2,200,000 | $2,150,000 | $50,000 |
| 2024 | $8,565 | $698,469 | $696,724 | $1,745 |
| 2023 | $8,304 | $684,774 | $683,063 | $1,711 |
| 2022 | $8,170 | $671,348 | $669,670 | $1,678 |
| 2021 | $8,134 | $658,186 | $656,540 | $1,646 |
| 2020 | $8,063 | $651,638 | $649,808 | $1,830 |
| 2019 | $7,927 | $638,866 | $637,067 | $1,799 |
| 2018 | $7,745 | $626,344 | $624,576 | $1,768 |
| 2016 | $7,016 | $601,832 | $600,324 | $1,508 |
| 2015 | $6,875 | $592,793 | $591,307 | $1,486 |
| 2014 | $6,800 | $581,182 | $579,725 | $1,457 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Millea
-
Andrea Don
Buyer's Agent in 2024
Andrea Don
DOMO Real Estate
(661) 510-6220
2 in this area
17 Total Sales
-
Greg Geilman
Buyer Co-Listing Agent in 2024
Greg Geilman
DOMO Real Estate
(310) 251-7725
48 in this area
308 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24063230
APN: 4174-008-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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