Seller's Agent in 2024
Nicholas Schneider
Compass
(310) 809-4875
32 in this area
62 Total Sales
400 5th St Manhattan Beach, CA 90266
Estimated Value: $7,536,000 - $8,316,000
4
Beds
2
Baths
2,087
Sq Ft
$3,743/Sq Ft
Est. Value
Highlights
- No HOA
- 2 Car Attached Garage
- Central Heating
- Opal Robinson Elementary School Rated A
- Laundry Room
- 1-Story Property
About This Home
As of January 2024Available and on the market for the first time in over 60 years, this is a once in a lifetime opportunity to own a double lot in the highly sought-after South end of Manhattan Beach. This unique property presents a blank canvas with a multitude of options- Split the lot and build two separate homes or create a truly one-of-a-kind dream home on this over 5,500 sq. foot lot. 400 5th Street has endless potential, sitting in an iconic location just steps from the beach, downtown and all that Manhattan Beach has to offer!
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 5,516 Sq Ft Lot
- Value in Land
- Property is zoned MNRS
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- Carport
- Parking Available
- Rear-Facing Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,087 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Range Hood
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 27 / 11
- Tax Tract Number 4795
- Assessor Parcel Number 4180007036
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2023
Closed on
Dec 12, 2023
Sold by
Van Vooren Family Trust
Bought by
Gustafson Family Trust and Gustafson
Seller's Agent
Nicholas Schneider
Compass
Buyer's Agent
Lee LeGrande
eXp Realty of California Inc
List Price
$7,699,000
Sold Price
$7,000,000
Premium/Discount to List
-$699,000
-9.08%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$810,776
Avg. Annual Appreciation
5.81%
Original Mortgage
$4,200,000
Outstanding Balance
$4,098,904
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$3,711,872
Purchase Details
Closed on
Jan 23, 2003
Sold by
Vanvooren Robert H and Vanvooren Margaret S
Bought by
Vanvooren Robert H
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gustafson Family Trust | $7,000,000 | Lawyers Title Company | |
| Vanvooren Robert H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gustafson Family Trust | $4,200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/18/2024 01/18/24 | Sold | $7,000,000 | -9.1% | $3,354 / Sq Ft |
| 12/05/2023 12/05/23 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | For Sale | $7,699,000 | +10.0% | $3,689 / Sq Ft |
| 11/15/2023 11/15/23 | Off Market | $7,000,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,868 | $7,140,000 | $6,898,872 | $241,128 |
| 2024 | $2,868 | $212,186 | $132,176 | $80,010 |
| 2023 | $2,645 | $208,027 | $129,585 | $78,442 |
| 2022 | $2,603 | $203,949 | $127,045 | $76,904 |
| 2021 | $2,609 | $199,951 | $124,554 | $75,397 |
| 2020 | $2,585 | $197,901 | $123,277 | $74,624 |
| 2019 | $2,543 | $194,021 | $120,860 | $73,161 |
| 2018 | $2,402 | $190,218 | $118,491 | $71,727 |
| 2016 | $2,241 | $182,834 | $113,891 | $68,943 |
| 2015 | $2,198 | $180,089 | $112,181 | $67,908 |
| 2014 | $2,179 | $176,562 | $109,984 | $66,578 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Schneider
-
Mary Bracewell
Seller Co-Listing Agent in 2024
Mary Bracewell
Compass
(310) 545-2490
8 in this area
35 Total Sales
-
Lee LeGrande
L
Buyer's Agent in 2024
Lee LeGrande
eXp Realty of California Inc
(310) 930-8737
16 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23202757
APN: 4180-007-036
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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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