NOT LISTED FOR SALE

4206 Highland Ave Manhattan Beach, CA 90266

Estimated Value: $2,376,000 - $2,525,044

4 Beds
2 Baths
1,560 Sq Ft
$1,561/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $1,499,000 $961 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $14,389/month

11 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Heating System Uses Natural Gas
  • Grand View Elementary School Rated A

About This Home

As of October 2018

North Manhattan Beach right outside your door...beaches, bike path, restaurants, bars & stores all within a block or two.

Last Agent to Sell the Property

John Corrales

Vista Sotheby’s International Realty License #01263687 Listed on: 09/12/2018

Vista Sotheby’s International Realty

Co-Listed By

Lauren Forbes

Compass License #01295248

Last Buyer's Agent

Dennis Komick

Vista Sotheby's International Realty License #01897790

Vista Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,741

Year Built

  • Built in 1930

Lot Details

  • 1,800 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre
  • Value in Land

Home Design

  • Property Attached

Interior Spaces

  • 1,560 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 5 / 12
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137003026

Community Details

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $18,738
  • Operating Expense $23,538
  • Gross Income $56,400
  • Net Operating Income $32,862

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,741

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: MNRH
  • Property Type: Residential Income
  • Parcel Number: 4137003026
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: Two
  • Price Per Square Foot: 960.90

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Community, Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Value In Land
  • Lot Size Sq Ft: 1800.00

Multi Family

  • Gross Income: 56400.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 2400.00
  • Net Operating Income: 32862.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 23538.00
  • Rent Control: No
  • Total Expenses: 23538.00

Tax Info

  • New Taxes Expense: 18738.00
  • Tax Block: 12
  • Tax Census Tract: 6202.01
  • Tax Lot: 5
  • Tax Tract Number: 4103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Tsai Jessica I-Ching
Bought by
Lee Tonny Meng-Che
Current Estimated Value
$2,434,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,736,250
Outstanding Balance
$1,717,893
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$716,868

Purchase Details

Closed on
Oct 22, 2024
Sold by
Zawacki Thomas R and Zawacki Melissa A
Bought by
Lee Tonny Meng-Che

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,736,250
Outstanding Balance
$1,717,893
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$716,868

Purchase Details

Closed on
Apr 23, 2020
Sold by
Highlanders West Llc
Bought by
Zawacki Thomas R and Zawacki Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,325
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2018
Closed on
Sep 27, 2018
Sold by
Clees Jaseph T
Bought by
Highlands West Llc
Seller's Agent
John Corrales
Vista Sotheby’s International Realty
Buyer's Agent
Dennis Komick
Vista Sotheby's International Realty
List Price
$1,499,000
Sold Price
$1,499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Jan 13, 2006
Sold by
Gonzalez Tony
Bought by
Clees Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$868,000
Interest Rate
6.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 1, 2004
Sold by
Rottach Christopher M
Bought by
Gonzalez Tony and Locurto Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,200
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2003
Sold by
Cummings Scott M
Bought by
Rottach Christopher M and Cummings Scott

Purchase Details

Closed on
Jan 9, 2002
Sold by
Cummings Scott M
Bought by
Cummings Scott M and Rottach Christopher M

Purchase Details

Closed on
Feb 4, 2000
Sold by
Beck Richard
Bought by
Cummings Scott M and Rottach Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.37%

Purchase Details

Closed on
Feb 17, 1998
Sold by
Gamer Jeffrey D
Bought by
Beck Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,900
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lee Tonny Meng-Che -- Upward Title Company
Lee Tonny Meng-Che -- Upward Title Company
Lee Tonny Meng-Che $2,315,000 Upward Title Company
Lee Tonny Meng-Che $2,315,000 Upward Title Company
Zawacki Thomas R -- Ticor Title Company Of Ca
Highlands West Llc $1,499,000 Usa National Title
Clees Joseph T $1,085,000 Fatcola
Gonzalez Tony $979,000 First American Title Company
Rottach Christopher M -- --
Cummings Scott M -- --
Cummings Scott M $475,000 American Coast Title
Beck Richard $389,000 Lawyers Title Company
Murphy Thomas P -- Lawyers Title Company
Gamer Jeffrey D -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Tonny Meng-Che $1,736,250
Closed Lee Tonny Meng-Che $1,736,250
Previous Owner Zawacki Thomas R $980,325
Previous Owner Clees Joseph T $868,000
Previous Owner Gonzalez Tony $783,200
Previous Owner Cummings Scott M $380,000
Previous Owner Gamer Jeffrey D $38,900
Previous Owner Beck Richard $311,200
Closed Cummings Scott M $47,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2024 10/12/24 For Rent $5,200 0.0% --
10/08/2024 10/08/24 Off Market $5,200 -- --
10/23/2018 10/23/18 Sold $1,499,000 0.0% $961 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $1,499,000 0.0% $961 / Sq Ft
07/18/2014 07/18/14 Rented $2,600 -3.7% --
07/18/2014 07/18/14 For Rent $2,700 -- --
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 $19,741 $2,315,000 $2,265,000 $50,000
2024 $19,741 $1,715,520 $1,651,190 $64,330
2023 $19,235 $1,681,883 $1,618,814 $63,069
2022 $18,905 $1,648,906 $1,587,073 $61,833
2021 $17,807 $1,544,819 $1,493,291 $51,528
2020 $17,644 $1,529,260 $1,477,980 $51,280
2019 $17,331 $1,499,280 $1,449,000 $50,280
2018 $15,137 $1,303,407 $1,201,043 $102,364
2016 $14,011 $1,252,527 $1,154,406 $98,121
2015 $13,722 $1,233,714 $1,137,066 $96,648
2014 $13,536 $1,209,548 $1,114,793 $94,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18221708

California Regional Multiple Listing Service (CRMLS)

APN: 4137-003-026