NOT LISTED FOR SALE

324 Rosecrans Ave Manhattan Beach, CA 90266

Estimated Value: $2,774,423 - $3,274,000

6 Beds
4 Baths
2,874 Sq Ft
$1,034/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $2,441,000 $849 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $17,977/month

48 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Grand View Elementary School Rated A
  • Main Floor Bedroom
  • Built-In Features

About This Home

As of December 2021

Unicorn Income Units!
This magical income property is mythical no more! Located just three blocks to the water and convenient to all north end shops and restaurants are these three 2 bedroom units on a full lot. Spacious at 850s.f. they feature fireplaces, wood floors, newer carpet, all appliances, on-site laundry, and ocean views! Appealing and in-demand they garner great rents with some potential upside. Do not let this legendary creature evade your investment portfolio!

Last Agent to Sell the Property

David Caskey

eXp Realty of California Inc License #01198999 Listed on: 09/07/2021

eXp Realty of California Inc

Co-Listed By

Kurt Allen

Compass License #01005087

Last Buyer's Agent

Simone Leibovici

Simone Leibovici License #01165336

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 2,695 Sq Ft Lot
  • No Common Walls
  • Landscaped

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Triplex

Interior Spaces

  • 2,874 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Gas Range
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Schools

  • Mira Costa High School

Listing and Financial Details

  • Legal Lot and Block 2 / 53
  • Tax Tract Number 3427
  • Assessor Parcel Number 4175016003
  • $823 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MNRH
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 4175016003
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2874.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 849.34
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • High School: Mira Costa
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 2695.00
  • Lot Size Acres: 0.0619

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2695.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 53
  • Tax Census Tract: 6203.05
  • Tax Lot: 2
  • Tax Tract Number: 3427
  • TaxOtherAnnualAssessmentAmount: 823.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Leibovici Ron
Bought by
Rosecrans Mb Llc
Current Estimated Value
$2,972,856

Purchase Details

Closed on
May 29, 2009
Sold by
J & S Ling Llc
Bought by
Brown Michael R and Brown Janice I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2008
Sold by
Lingenfelter Janna and Lingenfelter Trust
Bought by
J & S Ling Llc

Purchase Details

Closed on
Mar 11, 2005
Sold by
Lingenfelter Janna
Bought by
Lingenfelter Janna and Lingenfelter Trust

Purchase Details

Closed on
Apr 13, 2004
Sold by
Lingenfelter Janna and Lingenfelter Trust
Bought by
Lingenfelter Janna and Lingenfelter Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,500
Interest Rate
5.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rosecrans Mb Llc -- --
Brown Michael R $1,250,000 Lawyers Title Company
J & S Ling Llc -- None Available
Lingenfelter Steven -- None Available
Lingenfelter Janna -- None Available
Lingenfelter Janna -- None Available
Lingenfelter Janna -- --
Lingenfelter Janna -- Ticor Title San Bernardino
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Michael R $812,500
Previous Owner Lingenfelter Janna $284,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $2,441,000 -0.4% $849 / Sq Ft
10/26/2021 10/26/21 For Sale $2,450,000 +0.4% $852 / Sq Ft
10/19/2021 10/19/21 Off Market $2,441,000 -- --
09/07/2021 09/07/21 For Sale $2,450,000 -- $852 / 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 $29,188 $2,590,407 $2,228,536 $361,871
2024 $29,188 $2,539,616 $2,184,840 $354,776
2023 $28,427 $2,489,820 $2,142,000 $347,820
2022 $27,938 $2,441,000 $2,100,000 $341,000
2021 $17,441 $1,490,645 $954,015 $536,630
2020 $17,282 $1,475,361 $944,233 $531,128
2019 $16,979 $1,446,433 $925,719 $520,714
2018 $16,637 $1,418,072 $907,568 $510,504
2016 $15,396 $1,363,009 $872,327 $490,682
2015 $15,080 $1,342,536 $859,224 $483,312
2014 $14,883 $1,316,238 $842,393 $473,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21197761

California Regional Multiple Listing Service (CRMLS)

APN: 4175-016-003