NOT LISTED FOR SALE

3616 Alma Ave Manhattan Beach, CA 90266

Estimated Value: $2,173,000 - $2,736,000

5 Beds
4 Baths
1,684 Sq Ft
$1,415/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2019

Last sale price $1,550,000 $920 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $14,147 / mo

102 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • 2 Car Attached Garage
  • Grand View Elementary School Rated A
  • No HOA
  • Up Slope from Street

About This Home

As of August 2019

Sand Section Ocean View Duplex - Located on an oversized 33'x65' lot with liveable 3 bed/2 bath upper unit and a 2 bed/2 bath lower unit. Current rents are below market value and can be increased. Additional updating to the units could also increase rents. Lots of parking with a large two car garage with storage and spots for four additional cars. Located close to all the great restaurants and shops North Manhattan Beach has to offer. Easy access to LAX and freeway.

Last Agent to Sell the Property

John Chukka

West Shores Realty, Inc. License #00766132 Listed on: 03/29/2019

Co-Listed By

Alan Bates

Pacific Mortgage Real Estate and Financing Company License #01031561

Last Buyer's Agent

Dennis Komick

Vista Sotheby's International Realty License #01897790

Vista Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 2,165 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors
  • Up Slope from Street
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,684 Sq Ft Home
  • Family Room
  • Wood Flooring
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 6174
  • Assessor Parcel Number 4175015009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

2,165 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MNRH
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4175015009
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1684.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 920.43
  • Room Type: Family Room

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Two Door, Side by Side
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 2165.00
  • Lot Size Acres: 0.0497

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2165.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 6203.05
  • Tax Lot: 7
  • Tax Tract Number: 6174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 24, 2019
Sold by
3616 Alma L P
Bought by
Spencer Stephanie Maragarette
Seller's Agent
John Chukka
West Shores Realty, Inc.
Buyer's Agent
Dennis Komick
Vista Sotheby's International Realty
List Price
$1,849,000
Sold Price
$1,550,000
Premium/Discount to List
-$299,000
-16.17%
Current Estimated Value
$2,382,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,488
Avg. Annual Appreciation
6.60%
Original Mortgage
$930,300
Interest Rate
3.73%

Purchase Details

Closed on
Feb 22, 2019
Sold by
Afton Ken and John S Holmes Trust
Bought by
3616 Alma Lp

Purchase Details

Closed on
Jan 7, 1996
Sold by
Holmes John S
Bought by
Holmes John S and John S Holmes Trust
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
Spencer Stephanie Maragarette $1,550,000 Usa National Title
3616 Alma Lp $100,000 Usa National Title Co
Holmes John S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Stephanie Maragarette $930,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $1,550,000 -13.8% $920 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $1,799,000 -2.7% $1,068 / Sq Ft
03/29/2019 03/29/19 For Sale $1,849,000 -- $1,098 / 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 $19,224 $1,695,149 $1,640,468 $54,681
2024 $19,224 $1,661,911 $1,608,302 $53,609
2023 $18,689 $1,629,325 $1,576,767 $52,558
2022 $18,369 $1,597,378 $1,545,850 $51,528
2021 $18,082 $1,566,058 $1,515,540 $50,518
2019 $26,194 $2,289,440 $1,768,680 $520,760
2018 $2,359 $160,179 $113,104 $47,075
2016 $1,997 $153,422 $108,713 $44,709
2015 $1,960 $151,119 $107,081 $44,038
2014 $1,949 $148,160 $104,984 $43,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19071084

California Regional Multiple Listing Service (CRMLS)

APN: 4175-015-009

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