NOT LISTED FOR SALE

3528 Walnut Ave Manhattan Beach, CA 90266

Estimated Value: $3,484,543 - $3,847,000

5 Beds
3.5 Baths
2,790 Sq Ft
$1,312/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $3,000,000 $1,075 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $21,950/month

36 Days on Market

Highlights

  • Attached Guest House
  • Sauna
  • Midcentury Modern Architecture
  • Pacific Elementary School Rated A
  • Views of Trees
  • Great Room with Fireplace

About This Home

As of March 2023

Located mere moments from the shore in Manhattan Beach's Tree Section - a stone's throw from great shops and restaurants! This west-facing 2790 sq ft. 5 bedroom/3.5 bath (including 700+ sq ft ADU) has just completed top-to-bottom renovations. Everything from floors to finishes is brand new and particular attention has been paid to a meticulous design aesthetic that is as classic mid-century as it is fresh for today's most stylish occupants. No detail was spared in refurbishing this sophisticated home. Immaculate hardwood floors, beautiful far-reaching views, large living spaces with two fireplaces. There are new stainless appliances, designer pendants, quartzite countertops and oversized entertaining island in the kitchen that overlooks the Great Room. Sliding glass doors open to the patio deck and backyard. Surrounded by mature trees, the drought resistant yard is extremely spacious and private. Each of the bedrooms is large with generous closets and the bathrooms are all new, the primary boasting dual sinks in the vanity, extra-large shower and freestanding soaking tub. The 2 bedroom/1 bath ADU offers a kitchenette, den, separate entrance and absolute privacy. Showcasing a collection of art by local surf photographer @BrandonKirk. Located in the award winning Manhattan Beach School District and nestled in a beautiful, family-friendly neighborhood, this is an opportunity not to be missed.

Last Agent to Sell the Property

Benjamin Lee

The Agency License #01808926 Listed on: 02/02/2023

The Agency

Last Buyer's Agent

Michael Procopio

Compass License #02108438

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 4,645 Sq Ft Lot
  • Lot Dimensions are 40x116
  • Property is zoned MNRS

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,790 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Great Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Utility Room
  • Laundry Room
  • Sauna
  • Wood Flooring
  • Views of Trees

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Additional Features

  • Open Patio
  • Attached Guest House

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4173-005-029

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2790
  • Lot Acreage: 0.1066
  • Lot Dimensions: 40x116
  • Stories: 2
  • Year Built: 1967
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Great Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Cable, Dishwasher, Refrigerator, Range/Oven, Vented Exhaust Fan, Hood Fan, Garbage Disposal, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1145.16

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Guest House: Attached
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4173-005-029
  • Lot Size Area: 4645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 17, 2023
Sold by
Lee Benjamin and Lee Lilli
Bought by
Shields 2017 Irrevocable Trust and Shields
Seller's Agent
Benjamin Lee
The Agency
Buyer's Agent
Michael Procopio
Compass
List Price
$3,195,000
Sold Price
$3,000,000
Premium/Discount to List
-$195,000
-6.1%
Views
58
Current Estimated Value
$3,641,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,596
Avg. Annual Appreciation
7.40%
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
Shields 2017 Irrevocable Trust $3,000,000 Equity Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $3,000,000 -6.1% $1,075 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $3,195,000 -- $1,145 / Sq Ft
Source: The MLS

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 $34,900 $3,121,200 $2,496,960 $624,240
2024 $34,900 $3,060,000 $2,448,000 $612,000
2023 $23,336 $2,044,080 $1,942,080 $102,000
2022 $22,934 $2,004,000 $1,904,000 $100,000
2021 $3,897 $319,109 $131,456 $187,653
2019 $3,794 $309,646 $127,558 $182,088
2018 $3,667 $303,575 $125,057 $178,518
2016 $3,430 $291,788 $120,201 $171,587
2015 $3,361 $287,406 $118,396 $169,010
2014 $3,325 $281,777 $116,077 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-238455

The MLS

APN: 4173-005-029