NOT LISTED FOR SALE

425 21st Place Unit 2 Manhattan Beach, CA 90266

Estimated Value: $2,789,232 - $3,545,000

3 Beds
4 Baths
1,730 Sq Ft
2,709 Sq Ft Lot

Last Sold April 25, 2012

Last sale price $1,350,000 $780 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $18,272/month

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • No HOA
  • Grand View Elementary School Rated A
  • Main Floor Primary Bedroom
  • Walk-In Pantry

About This Home

As of September 2021

Stunning three level townhome style home in the heart of Manhattan Beach with ocean views from the street and top deck where BBQ is located.
Walk to the Beach, close proximity to parks, walking/running trails, schools, grocery shopping, restaurants, shops, and virtually all of downtown Manhattan. On the main level (entry), there are two bedrooms/two baths. The lower level includes one bedroom/one bath with laundry room and garage access. Top floor includes open living room concept with kitchen and 1/2 bath. Top floor also includes deck area great for BBQing.

Two A/C zones with nest thermostats, Home was recently repainted and offers hardwood floor throughout the house.

Enjoy summer with family overlooking the stunning ocean views!

Tenant to pay for all utilities.
Security Deposit may change based on credit report.
SQFT is approximate.

Last Agent to Rent the Property

Pol Schonhofer

SL Property Management Inc License #02034572 Listed on: 08/03/2021

SL Property Management Inc

Last Renter's Agent

June Emerson

Vista Sotheby’s International Realty License #01475939

Vista Sotheby’s International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,083

Year Built

  • Built in 2005

Lot Details

  • 2,709

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,730 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Ocean Views
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Zoned Heating and Cooling

Listing and Financial Details

  • Security Deposit $8,000
  • 12-Month Minimum Lease Term
  • Available 8/7/21
  • Tax Lot 1
  • Tax Tract Number 6174
  • Assessor Parcel Number 4178016043

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $800

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19,083

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2021-08-07
  • Credit Check Paid By: Tenant
  • Deposit Pets: 800
  • Deposit Security: 8000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: Yes
  • Zoning: MNRM
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 4178016043
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1730.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.19
  • Room Type: Kitchen, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 2710.00
  • Lot Size Acres: 0.0622

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 2710.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6203.05
  • Tax Lot: 1
  • Tax Tract Number: 6174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2012
Closed on
Mar 21, 2012
Sold by
Rice John William and Rice Kathleen G Lopez
Bought by
Chen Forchi and Wang Catherine Yuchie
Seller's Agent
Steve Heavrin
Beach City Brokers
Buyer's Agent
John Skulick
Beach City Brokers
List Price
$1,379,000
Sold Price
$1,350,000
Premium/Discount to List
-$29,000
-2.1%
Current Estimated Value
$3,134,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,784,077
Avg. Annual Appreciation
6.46%
Original Mortgage
$625,000
Outstanding Balance
$429,945
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$2,704,132

Purchase Details

Closed on
Mar 7, 2007
Sold by
Ken Johnson Development Inc
Bought by
Rice John William and Rice Kathleen G Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Chen Forchi $1,350,000 Ticor Title Company
Rice John William $1,475,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Forchi $625,000
Previous Owner Rice John William $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Rented $7,250 -3.3% --
08/16/2021 08/16/21 Price Changed $7,500 -5.1% $4 / Sq Ft
08/03/2021 08/03/21 For Rent $7,900 0.0% --
04/25/2012 04/25/12 Sold $1,350,000 -2.1% $734 / Sq Ft View Prior Sale
02/15/2012 02/15/12 For Sale $1,379,000 -- $750 / Sq Ft
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 $19,083 $1,695,662 $1,004,839 $690,823
2024 $19,083 $1,662,415 $985,137 $677,278
2023 $18,599 $1,629,820 $965,821 $663,999
2022 $18,279 $1,597,864 $946,884 $650,980
2021 $17,960 $1,566,534 $928,318 $638,216
2019 $17,478 $1,520,072 $900,785 $619,287
2018 $17,141 $1,490,268 $883,123 $607,145
2016 $15,885 $1,432,401 $848,831 $583,570
2015 $15,556 $1,410,886 $836,081 $574,805
2014 $15,337 $1,383,250 $819,704 $563,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21169525

California Regional Multiple Listing Service (CRMLS)

APN: 4178-016-043