NOT LISTED FOR SALE

324 Rosecrans Place Manhattan Beach, CA 90266

Estimated Value: $2,092,000 - $2,890,000

4 Beds
2 Baths
2,091 Sq Ft
$1,170/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2013

Last sale price $1,230,000 $588 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $14,268 / mo

10 Days on Market

About This Home

As of August 2013

CHARMING NORTH END DUPLEX WITH HARDWOOD FLOORS AND COVED CEILINGS. BOTH UNITS ARE SIMILAR FLOORPLANS WITH GOOD SIZE BEDROOMS AND LIVING ROOMS. CLOSE TO ALL OF THE SHOPS AND RESTAURANTS IN NORTH MANHATTAN AND JUST STEPS TO THE BEACH. OVERSIZED GARAGE WHICH CURRENTLY FITS 4 CARS PLUS HAS LAUNDRY AND A 5TH PARKING SPACE. BUILDING IS IN GOOD SHAPE ESPECIALLY FOR IT'S AGE. ONE UNIT ON LEASE THAT JUST BEGAN AND ONE UNIT IS MONTH TO MONTH. EXCELLENT INVESTMENT OPPORTUNITY OR OWNER OCCUPIED PROPERTY.

Last Agent to Sell the Property

jack cummings

Strand Hill Properties License #01173922 Listed on: 06/24/2013

Last Buyer's Agent

Judy Feder

The Beverly Hills Estates License #01250325

The Beverly Hills Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 1,357 Sq Ft Lot
  • No Common Walls

Parking

  • 5 Car Garage

Home Design

  • 2,091 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Overhead Utilities

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 3701
  • Assessor Parcel Number 4137001021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $150
  • Water Sewer Expense $150
  • New Taxes Expense $12,500
  • Gross Income $200
  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

1,357 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 4137001021
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 588.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Utilities - Overhead
  • Lot Size Sq Ft: 1357.00
  • Lot Size Acres: 0.0310

Multi Family

  • Gross Income: 200.00
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 1357.0000 Square Feet
  • Net Operating Income: 43200.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 18000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12500.00
  • Tax Lot: 15
  • Tax Tract Number: 3701
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2017
Sold by
Feder Judy
Bought by
Feder Judy and Judy Feder Trust
Current Estimated Value
$2,446,826

Purchase Details

Listed on
Jun 24, 2013
Closed on
Jul 10, 2013
Sold by
Benowitz Ari
Bought by
Fields Stacey and Fields Julie
Seller's Agent
jack cummings
Strand Hill Properties
Buyer's Agent
Judy Feder
The Beverly Hills Estates
List Price
$1,199,000
Sold Price
$1,230,000
Premium/Discount to List
$31,000
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$533,850
Outstanding Balance
$397,690
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$2,049,136

Purchase Details

Closed on
Sep 15, 2004
Sold by
Benowitz Ari
Bought by
Benowitz Ari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 15, 2004
Sold by
Benowitz Carrie Casner
Bought by
Benowitz Ari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 9, 2003
Sold by
Benowitz Ari and Benowitz Carrie Casner
Bought by
Benowitz Ari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2002
Sold by
Brinderson Chad D
Bought by
Benowitz Ari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
6.86%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Becking Emma and The Becking Family Trust
Bought by
Brinderson Chad D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.75%
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
Feder Judy -- None Available
Fields Stacey $1,193,000 Usa National Title Company
Benowitz Ari -- Multiple
Benowitz Ari -- Fidelity National Title Co
Benowitz Ari -- Lawyers Title
Benowitz Ari $640,000 Lawyers Title Company
Brinderson Chad D $400,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fields Stacey $533,850
Previous Owner Benowitz Ari $200,000
Previous Owner Benowitz Ari $100,000
Previous Owner Benowitz Ari $516,000
Previous Owner Benowitz Ari $512,000
Previous Owner Brinderson Chad D $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $1,230,000 +2.6% $588 / Sq Ft
07/04/2013 07/04/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $1,199,000 -- $573 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,625 $1,461,892 $1,075,752 $386,140
2024 $16,625 $1,433,228 $1,054,659 $378,569
2023 $16,188 $1,405,127 $1,033,980 $371,147
2022 $15,912 $1,377,576 $1,013,706 $363,870
2021 $15,670 $1,350,566 $993,830 $356,736
2019 $15,253 $1,310,509 $964,353 $346,156
2018 $14,956 $1,284,814 $945,445 $339,369
2016 $13,835 $1,234,925 $908,733 $326,192
2015 $13,549 $1,216,376 $895,083 $321,293
2014 $13,366 $1,192,550 $877,550 $315,000
Source: Public Records

Agents Affiliated with this Home

  • jack cummings

    Seller's Agent in 2013

    jack cummings

    Strand Hill Properties

    (310) 683-0202

    9 in this area

    23 Total Sales

    jack cummings
    Section Image
  • Judy Feder

    Buyer's Agent in 2013

    Judy Feder

    The Beverly Hills Estates

    (310) 890-0033

    8 Total Sales

    Judy Feder
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13121551

California Regional Multiple Listing Service (CRMLS)

APN: 4137-001-021

California Los Angeles County Manhattan Beach 90266

324 Rosecrans Place, Manhattan Beach, CA

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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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