NOT LISTED FOR SALE

Estimated Value: $2,935,000 - $3,729,000

5 Beds
3 Baths
2,268 Sq Ft
$1,412/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $2,850,000 $1,257 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $18,088/month

36 Days on Market

Highlights

  • Traditional Architecture
  • Park or Greenbelt View
  • No HOA
  • Opal Robinson Elementary School Rated A
  • Private Yard
  • Living Room Balcony

About This Home

As of May 2024

PRIME located duplex located in the heart of Manhattan Beach on the north side of a south Sand Section walk-street with 6 - 8 car parking on-site. Stunning southern views from the upstairs balcony, great natural lighting in both units, walk-street frontage with southern facing front patio, and quick + easy access to enjoy fantastic downtown restaurants, shopping, the green belt hiking path, Metlox Plaza, and wind up at the pier + beach for water/beach sports or a long walk on the Strand. Tons of potential through repositioning of the current rents, remodeling and re-renting, live in one unit and rent the other, short term rentals (in the coastal zone) or build a new SFR with ADU. Lower tenant (2 bed/1 bath) vacating at the end of March and will be easy to show thereafter.

Last Agent to Sell the Property

Mike Rossi

Strand Hill Properties Brokerage Phone: 310-849-9601 License #01089100 Listed on: 03/12/2024

Last Buyer's Agent

Mike Rossi

Strand Hill Properties Brokerage Phone: 310-849-9601 License #01089100 Listed on: 03/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,226

Year Built

  • Built in 1970

Lot Details

  • 2,711 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Partially Fenced Property
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Front Yard
  • Density is 16-20 Units/Acre

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Attached Carport
  • Parking Available

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,268 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Laminate Flooring
  • Park or Greenbelt Views

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Outdoor Grill

Schools

  • Robinson Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / 3
  • Tax Tract Number 4795
  • Assessor Parcel Number 4179008019
  • $599 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,226

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: MNRM
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4179008019
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2268.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1256.61
  • Room Type: All Bedrooms Down, All Bedrooms Up, Galley Kitchen

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Average Condition, Partial
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Manhattan Unified
  • Elementary School: Robinson
  • Middle School: Manhattan Beach
  • High School: Mira Costa
  • Elementary School: Robinson
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: ROBINS
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Front Yard, Level with Street, Rectangular Lot, Walkstreet, Yard
  • Lot Size Sq Ft: 2711.00
  • Lot Size Acres: 0.0622

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2711.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6209.04
  • Tax Lot: 15
  • Tax Tract Number: 4795
  • TaxOtherAnnualAssessmentAmount: 599.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 10, 2024
Sold by
Barber Michael Henry and Barber Matthew Chance
Bought by
Ten Investments 429 Llc
Seller's Agent
Mike Rossi
Strand Hill Properties
Buyer's Agent
Mike Rossi
Strand Hill Properties
List Price
$3,800,000
Sold Price
$2,850,000
Premium/Discount to List
-$950,000
-25%
Views
3
Current Estimated Value
$3,202,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,015
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Mar 6, 2024
Sold by
Barber Family Revocable Living Trust and Barber Leslie
Bought by
Barber Michael Henry and Barber Matthew Chance

Purchase Details

Closed on
Aug 4, 2008
Sold by
Barber David Michael and Barber Michael D
Bought by
Barber David Michael and Barber Leslie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ten Investments 429 Llc $2,850,000 Upward Title Company
Barber Michael Henry -- None Listed On Document
Barber David Michael -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $2,850,000 0.0% $1,257 / Sq Ft
05/17/2024 05/17/24 Sold $2,850,000 -13.5% $1,257 / Sq Ft
05/01/2024 05/01/24 Price Changed $3,295,000 0.0% $1,453 / Sq Ft
05/01/2024 05/01/24 Price Changed $3,295,000 -2.9% $1,453 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/17/2024 04/17/24 Pending -- -- --
04/13/2024 04/13/24 Price Changed $3,395,000 0.0% $1,497 / Sq Ft
04/13/2024 04/13/24 Price Changed $3,395,000 -2.9% $1,497 / Sq Ft
04/08/2024 04/08/24 Price Changed $3,495,000 0.0% $1,541 / Sq Ft
04/08/2024 04/08/24 Price Changed $3,495,000 -2.8% $1,541 / Sq Ft
03/20/2024 03/20/24 Price Changed $3,595,000 0.0% $1,585 / Sq Ft
03/20/2024 03/20/24 Price Changed $3,595,000 -4.1% $1,585 / Sq Ft
03/15/2024 03/15/24 Price Changed $3,750,000 0.0% $1,653 / Sq Ft
03/15/2024 03/15/24 Price Changed $3,750,000 -1.3% $1,653 / Sq Ft
03/12/2024 03/12/24 For Sale $3,800,000 0.0% $1,675 / Sq Ft
03/11/2024 03/11/24 For Sale $3,800,000 -- $1,675 / 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
2024 $4,226 $317,057 $174,387 $142,670
2023 $4,058 $310,841 $170,968 $139,873
2022 $3,995 $304,747 $167,616 $137,131
2021 $3,990 $298,773 $164,330 $134,443
2019 $3,893 $289,912 $159,456 $130,456
2018 $3,785 $284,229 $156,330 $127,899
2016 $3,331 $273,194 $150,260 $122,934
2015 $3,266 $269,091 $148,003 $121,088
2014 $3,236 $263,821 $145,104 $118,717
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24049927

California Regional Multiple Listing Service (CRMLS)

APN: 4179-008-019