NOT LISTED FOR SALE

3604 Alma Ave Manhattan Beach, CA 90266

Estimated Value: $3,783,000 - $4,243,000

7 Beds
5 Baths
3,540 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $3,625,000 $1,024 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $25,409/month

33 Days on Market

About This Home

As of December 2023

Well maintained 4 unit building in the Manhattan Beach Sand Section. The Penthouse features 3 bedrooms and 2 baths, a large ocean view deck with a cabana, air conditioning and a remodeled kitchen. Below the Penthouse are 2-one bedroom one bath units, there is a two bedroom one bath unit off of Vista Dr.. The property offers 3 garages and 5 off street-parking spaces. Do not walk the property or disturb the tenants.

Last Agent to Sell the Property

William Herman

Pierside Realty, Inc. License #00479473 Listed on: 09/30/2023

Last Buyer's Agent

Fred Zuelich

eXp Realty of California Inc License #00669414

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,504

Year Built

  • Built in 1960

Lot Details

  • 3,500 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Coastline

Home Design

  • Quadruplex

Interior Spaces

  • 3,540 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4175 / 015
  • Tax Tract Number 13
  • Assessor Parcel Number 4175015013

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $185,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,504

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 875000
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4175015013
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 1024.01

Exterior Features

  • View: Coastline, Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3500.00
  • Lot Size Acres: 0.0803

Multi Family

  • Gross Income: 185460.00
  • Gross Scheduled Income: 185460.00
  • Lot Size Area: 3500.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 15455.00

Tax Info

  • Tax Block: 015
  • Tax Lot: 4175
  • Tax Tract Number: 013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Dec 2, 2023
Sold by
Skaggs Family Trust
Bought by
Hernandez Scott and Jones Melia
Seller's Agent
William Herman
Pierside Realty, Inc.
Buyer's Agent
Fred Zuelich
eXp Realty of California Inc
List Price
$3,700,000
Sold Price
$3,625,000
Premium/Discount to List
-$75,000
-2.03%
Views
41
Current Estimated Value
$4,028,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,401
Avg. Annual Appreciation
6.40%
Original Mortgage
$2,356,250
Outstanding Balance
$2,307,040
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,721,361

Purchase Details

Closed on
Aug 1, 2019
Sold by
Skaggs Barry J and Skaggs Elaine J
Bought by
Skaggs Barry J and Skaggs Elaine J

Purchase Details

Closed on
May 7, 2019
Sold by
Skaggs Barry J and Skaggs Elaine J
Bought by
Skaggs Family Trust

Purchase Details

Closed on
Sep 3, 2013
Sold by
Skaggs Barry J
Bought by
Skaggs Barry J and Skaggs Elaine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
Mcghee John P and Mcghee Marsha G
Bought by
Skaggs Barry J and Skaggs Elaine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2009
Sold by
Coburn Michael A
Bought by
Sea Of Time Llc

Purchase Details

Closed on
Aug 15, 2002
Sold by
Dougharty Laurence A and Dougharty Sandra F
Bought by
Mcghee John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,000
Interest Rate
6.17%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Scott $3,625,000 Usa National Title Company
Skaggs Barry J -- None Available
Skaggs Family Trust -- None Available
Skaggs Barry J -- Ortc
Skaggs Barry J $2,160,000 Usa National Title Company
Sea Of Time Llc -- None Available
Mcghee John P $1,360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Scott $2,356,250
Previous Owner Skaggs Barry J $725,000
Previous Owner Skaggs Barry J $685,000
Previous Owner Skaggs Barry J $925,000
Previous Owner Mcghee John P $650,000
Previous Owner Mcghee John P $950,000
Previous Owner Mcghee John P $885,000
Previous Owner Mcghee John P $884,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $3,625,000 +3.6% $1,024 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $3,500,000 -5.4% $989 / Sq Ft
09/30/2023 09/30/23 For Sale $3,700,000 -- $1,045 / 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 $41,504 $3,697,500 $3,264,000 $433,500
2024 $41,504 $3,625,000 $3,200,000 $425,000
2023 $29,995 $2,616,868 $1,569,464 $1,047,404
2022 $29,481 $2,565,558 $1,538,691 $1,026,867
2021 $29,053 $2,515,254 $1,508,521 $1,006,733
2020 $28,690 $2,480,763 $1,493,053 $987,710
2019 $28,181 $2,432,122 $1,463,778 $968,344
2018 $27,618 $2,384,434 $1,435,077 $949,357
2016 $25,734 $2,291,846 $1,379,352 $912,494
2015 $25,204 $2,257,421 $1,358,633 $898,788
2014 $24,866 $2,213,202 $1,332,020 $881,182
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23182694

California Regional Multiple Listing Service (CRMLS)

APN: 4175-015-013