Seller's Agent in 2017
Vicki Goorchenko
Vista Sotheby's International Realty
(310) 710-8053
25 Total Sales
324 18th St Manhattan Beach, CA 90266
Estimated Value: $4,690,000 - $8,465,000
2
Beds
2
Baths
1,687
Sq Ft
$4,249/Sq Ft
Est. Value
Highlights
- Ocean View
- Laundry Room
- 5-minute walk to Live Oak Park
- Grand View Elementary School Rated A
- 1-Story Property
About This Home
As of October 2017This walk street to alley duplex is in a prime location in Manhattan Beach just blocks to the beach, downtown shops and restaurants, and a stairway down to Live Oak Park. Current use is a 2 bedroom front unit and a studio apt over the 2 car garage. Current tenants are long term and have been there for years. They would love to stay on. Address for the back unit is 325 17th Place This buildable lot would have views from the front and back of the property. Check with the city to see how much house you can build!
Last Agent to Sell the Property
Vista Sotheby's International Realty License #00705455 Listed on: 06/15/2017
Co-Listed By
Jennifer Goorchenko
Vista Sotheby's International Realty License #01208788
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 2,710 Sq Ft Lot
- No Common Walls
- Value in Land
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,687 Sq Ft Home
- 1-Story Property
- Ocean Views
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 12
- Assessor Parcel Number 4178022004
Community Details
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,210
- Trash Expense $300
- Water Sewer Expense $600
- New Taxes Expense $41,250
- Operating Expense $43,360
- Gross Income $50,400
- Net Operating Income $48,290
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2017
Closed on
Sep 26, 2017
Sold by
Thorsen Ora Lee
Bought by
S & R Apt 18Th Street Llc
Seller's Agent
Vicki Goorchenko
Vista Sotheby's International Realty
Buyer's Agent
Robert Lane
Vista Sotheby’s International Realty
List Price
$3,300,000
Sold Price
$2,600,000
Premium/Discount to List
-$700,000
-21.21%
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
$4,568,542
Avg. Annual Appreciation
13.06%
Purchase Details
Closed on
Dec 13, 1994
Sold by
Michalka James I
Bought by
Michalka James I
Purchase Details
Closed on
Nov 17, 1994
Sold by
Michalka Deceased Betty Anne
Bought by
Michalka James I
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| S & R Apt 18Th Street Llc | -- | Wfg National Title Company | |
| Thorsen Ora Lee | -- | Wfg National Title Company | |
| Michalka James I | -- | -- | |
| Michalka James I | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2017 10/11/17 | Sold | $2,600,000 | -21.2% | $1,541 / Sq Ft |
| 09/16/2017 09/16/17 | Pending | -- | -- | -- |
| 06/15/2017 06/15/17 | For Sale | $3,300,000 | -- | $1,956 / 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 | $41,739 | $5,034,076 | $2,958,354 | $2,075,722 |
| 2024 | $41,739 | $3,686,702 | $2,900,348 | $786,354 |
| 2023 | $40,648 | $3,614,415 | $2,843,479 | $770,936 |
| 2022 | $39,941 | $3,543,545 | $2,787,725 | $755,820 |
| 2021 | $39,223 | $2,733,064 | $2,733,064 | $0 |
| 2019 | $30,244 | $2,652,000 | $2,646,900 | $5,100 |
| 2018 | $29,645 | $2,600,000 | $2,595,000 | $5,000 |
| 2016 | $3,364 | $279,350 | $156,808 | $122,542 |
| 2015 | $3,297 | $275,155 | $154,453 | $120,702 |
| 2014 | $3,267 | $269,766 | $151,428 | $118,338 |
Source: Public Records
Agents Affiliated with this Home
-
Vicki Goorchenko
-
J
Seller Co-Listing Agent in 2017
Jennifer Goorchenko
Vista Sotheby's International Realty
-
Robert Lane
Buyer's Agent in 2017
Robert Lane
Vista Sotheby’s International Realty
(310) 962-4022
27 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV17135205
APN: 4178-022-004
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