NOT LISTED FOR SALE

Estimated Value: $6,737,000 - $9,186,000

2 Beds
2 Baths
1,100 Sq Ft
$7,297/Sq Ft Est. Value

Highlights

  • Ocean View
  • No HOA
  • Living Room
  • Grand View Elementary School Rated A
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of May 2020

Newly built OCEAN VIEW 3rd floor apartment located in one of the most desirable areas of the Manhattan Beach Sand Section.
2 bedrooms, with 2 baths. EVERYTHING IS NEW! Amazing kitchen with high end Thermador appliances, Grohe fixtures, gas fireplace, 7" wide plank floors, Central AC controlled by Nest, security system, wet bar, large balcony with city and park views, and more. Includes new 60" flat screen TV and washer and dryer in the unit. Dedicated garage parking with an extra spot. Walk to town, parks, and the beach. A must see as you will NOT find a nicer apartment like this in Manhattan Beach.

Last Agent to Rent the Property

Jeremy Shelton

Pacifica Properties Group, Inc. License #01416145 Listed on: 04/22/2020

Last Renter's Agent

Jeremy Shelton

Pacifica Properties Group, Inc. License #01416145 Listed on: 04/22/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $88,384

Year Built

  • Built in 2018

Lot Details

  • 5,200 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • City Lights
  • Park or Greenbelt

Home Design

  • Triplex

Interior Spaces

  • 1,100 Sq Ft Home
  • Family Room with Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes gardener
  • Available 4/23/20
  • Tax Lot 2
  • Assessor Parcel Number 4178020021

Community Details

Overview

  • No Home Owners Association
  • $25 HOA Transfer Fee
  • 3 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$88,384

Year Built

Built in 2018

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-04-23
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 25.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Triplex
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 4178020021
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 5.00
  • Room Type: Living Room

Exterior Features

  • View: City Lights, Ocean, Park/Greenbelt, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 5200.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Rent Includes: Gardener

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
Peter Metropoulos
Bought by
Kahn Trust
Current Estimated Value
$8,026,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2018
Sold by
Metropoulos Peter
Bought by
Metropoulos Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,650,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 25, 2015
Sold by
Mcmahon John A
Bought by
Metropoulos Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2014
Sold by
Mcmahon John A and Mcmahon Mary Joanne
Bought by
Mcmahon John A and Mcmahon Mary Joanne

Purchase Details

Closed on
Aug 30, 2000
Sold by
The Somerville Revocable Living Trust
Bought by
Mcmahon John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,301,250
Interest Rate
8.01%
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
Kahn Trust $7,650,000 Usa National Title
Metropoulos Peter -- Fidelity National Title
Metropoulos Peter $4,600,000 Usa National Title Co
Mcmahon John A -- M & G Title Service Co
Mcmahon John A -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kahn Trust $3,000,000
Previous Owner Metropoulos Peter $4,650,000
Previous Owner Metropoulos Peter $2,100,000
Previous Owner Mcmahon John A $1,209,000
Previous Owner Mcmahon John A $1,301,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2020 05/23/20 Rented $5,500 0.0% --
04/22/2020 04/22/20 For Rent $5,500 -- --
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 $88,384 $7,959,060 $6,658,560 $1,300,500
2024 $88,384 $7,803,000 $6,528,000 $1,275,000
2023 $86,086 $7,650,000 $6,400,000 $1,250,000
2022 $58,801 $5,187,537 $4,015,866 $1,171,671
2021 $57,728 $5,085,822 $3,937,124 $1,148,698
2020 $57,193 $5,033,674 $3,896,754 $1,136,920
2019 $56,168 $4,934,976 $3,820,348 $1,114,628
2018 $54,458 $4,785,840 $3,745,440 $1,040,400
2017 $53,215 $4,692,000 $3,672,000 $1,020,000
2016 $50,932 $4,600,000 $3,600,000 $1,000,000
2015 $24,256 $2,175,297 $1,504,531 $670,766
2014 $23,923 $2,132,687 $1,475,060 $657,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20077051

California Regional Multiple Listing Service (CRMLS)

APN: 4178-020-021