NOT LISTED FOR SALE

4108 Highland Ave Manhattan Beach, CA 90266

Estimated Value: $3,408,114

3 Beds
4 Baths
3,682 Sq Ft
$926/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $2,500,000 $679 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $20,271/month

98 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • No HOA
  • Grand View Elementary School Rated A
  • Corner Lot
  • Cooling Available

About This Home

As of March 2020

One of the tallest mixed-use buildings in North Manhattan. Incredible white-water ocean views from Palos Verdes to Malibu. This 4 level property is comprised of front street commercial space on the first floor (owner occupied), a parking garage on the 2nd floor and two separate residential units on the 3rd and 4th floors. The two top floors consist of a large 1-bed 1.5 bath unit and a 2-bed, 1.5-bath unit. The 2 bedroom is currently tenant occupied paying $4100 per month and the 1 bedroom unit is owner occupied. The 3rd and 4th floor living areas and decks offer beautiful 180° ocean views. Each living area has a gas fireplace, plantation shutters, & open beam ceilings. Each kitchen has granite counters & built-in double oven, stove top, and refrigerator and laundry area inside. The large parking garage located on the second floor is gated with 4 parking spaces, storage space and elevator access to 3rd and 4th floors. In addition, there are two leased parking spaces on Crest which transfer with the sale. This is your opportunity to own over 3,000 sf of living space with panoramic ocean views from the top two floors. This is a one of kind property, must see.

Last Agent to Sell the Property

Carole Hansen

Engel & Völkers LA-South Bay License #00688380 Listed on: 10/03/2019

Engel & Völkers LA-South Bay

Co-Listed By

Dave Salzman

Engel & Völkers LA South Bay License #00952732

Last Buyer's Agent

Marc de Longeville

Sotheby's International Realty License #01987515

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 2,242 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage
  • 4 Carport Spaces

Property Views

  • Ocean
  • Panoramic

Home Design

  • Property Attached
  • Entry on the 3rd floor

Interior Spaces

  • 3,682 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Ocean Side of Highway 1

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137003018

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Water Sports

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 4137003018
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 4
  • Common Walls: 2+ Common Walls
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 678.98
  • Room Type: Living Room

Exterior Features

  • View: Ocean, Panoramic
  • Fence: No
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Closet, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2242.00
  • Lot Size Acres: 0.0515

Multi Family

  • Gross Income: 49200.00
  • Lot Size Area: 2242.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 4103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Feb 10, 2020
Sold by
Brown Roberta A and Brown Family Declaration Of Tr
Bought by
Riverside Drive Regency Llc
Seller's Agent
Carole Hansen
Engel & Völkers LA-South Bay
Buyer's Agent
Marc de Longeville
Sotheby's International Realty
List Price
$2,900,000
Sold Price
$2,500,000
Premium/Discount to List
-$400,000
-13.79%
Current Estimated Value
$3,408,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$908,114
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Jun 20, 2014
Sold by
Brown John A
Bought by
Brown Family Declaration Of 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
Riverside Drive Regency Llc $2,500,000 Lawyers Title Company
Brown Family Declaration Of Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $2,500,000 -3.8% $679 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
11/20/2019 11/20/19 Price Changed $2,600,000 -10.3% $706 / Sq Ft
10/03/2019 10/03/19 For Sale $2,900,000 -- $788 / 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 $30,871 $2,734,111 $2,187,291 $546,820
2024 $30,871 $2,680,502 $2,144,403 $536,099
2023 $30,073 $2,627,944 $2,102,356 $525,588
2022 $29,767 $2,576,417 $2,061,134 $515,283
2021 $32,015 $2,525,900 $2,020,720 $505,180
2020 $9,007 $712,810 $319,541 $393,269
2019 $8,852 $698,834 $313,276 $385,558
2018 $8,651 $685,133 $307,134 $377,999
2016 $8,119 $658,530 $295,208 $363,322
2015 $7,958 $648,639 $290,774 $357,865
2014 $7,858 $635,934 $285,079 $350,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19235198

California Regional Multiple Listing Service (CRMLS)

APN: 4137-003-018

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