Seller's Agent in 2020
Jeremy Shelton
Pacifica Properties Group, Inc.
(310) 245-3705
43 in this area
68 Total Sales
408 Manhattan Ave Manhattan Beach, CA 90266
Estimated Value: $4,293,000 - $5,293,000
4
Beds
4
Baths
2,214
Sq Ft
$2,175/Sq Ft
Est. Value
About This Home
As of October 2020Absolute Bullseye south Manhattan Beach Sand Section location. Currently a triplex, this is one the last original, undeveloped full street to alley, West-East properties left in the south end of town. The proximity to the beach and the world famous Strand is as close as you can get while maintaining the incredible panoramic ocean views. This 33' x 100' lot is 'close-but-not-too-close' to the quaint, charming, and vibrant village of downtown Manhattan Beach. Current use is a legal triplex but value is in land.
Last Agent to Sell the Property
Pacifica Properties Group, Inc. License #01416145 Listed on: 05/01/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1907
Lot Details
- 3,300 Sq Ft Lot
- Two or More Common Walls
- Value in Land
Parking
- 3 Car Garage
Home Design
- 2,214 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 4 / 74
- Assessor Parcel Number 4180024004
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $1,200
- Trash Expense $400
- Water Sewer Expense $400
- New Taxes Expense $44,000
- Operating Expense $2,000
- Gross Income $62,400
- Net Operating Income $60,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2020
Closed on
Sep 1, 2020
Sold by
Hickey Mary Elizabeth and The Richar C Hickey Family Tru
Bought by
Zippelius Peter and Zippelius Lisa Baxley
Seller's Agent
Jeremy Shelton
Pacifica Properties Group, Inc.
Buyer's Agent
David Caskey
eXp Realty of California Inc
List Price
$4,250,000
Sold Price
$3,650,000
Premium/Discount to List
-$600,000
-14.12%
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
$1,166,231
Avg. Annual Appreciation
5.40%
Purchase Details
Closed on
Jul 9, 2020
Sold by
Hickey Martha Elizabeth
Bought by
Hickey Martha Elizabeth and The Richard C Hickey Family Tr
Purchase Details
Closed on
Apr 13, 2012
Sold by
Hickey Martha Elizabeth and Richard C Hickey Family Trust
Bought by
Hickey Martha Elizabeth
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zippelius Peter | $3,650,000 | Usa National Title Company | |
| Hickey Martha Elizabeth | -- | None Available | |
| Hickey Martha Elizabeth | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2020 10/07/20 | Sold | $3,650,000 | -14.1% | $1,649 / Sq Ft |
| 05/01/2020 05/01/20 | For Sale | $4,250,000 | -- | $1,920 / Sq Ft |
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 | $44,622 | $3,950,875 | $3,896,754 | $54,121 |
| 2024 | $44,081 | $3,873,408 | $3,820,348 | $53,060 |
| 2023 | $42,947 | $3,797,460 | $3,745,440 | $52,020 |
| 2022 | $42,203 | $3,723,000 | $3,672,000 | $51,000 |
| 2021 | $41,407 | $3,650,000 | $3,600,000 | $50,000 |
| 2020 | $2,993 | $196,545 | $143,669 | $52,876 |
| 2019 | $2,950 | $192,692 | $140,852 | $51,840 |
| 2018 | $2,858 | $188,915 | $138,091 | $50,824 |
| 2016 | $2,466 | $181,581 | $132,730 | $48,851 |
| 2015 | $2,421 | $178,855 | $130,737 | $48,118 |
| 2014 | $2,413 | $175,353 | $128,177 | $47,176 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Shelton
-
David Caskey
Buyer's Agent in 2020
David Caskey
eXp Realty of California Inc
(310) 200-1960
91 in this area
303 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20077814
APN: 4180-024-004
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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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