NOT LISTED FOR SALE

432 23rd Place Manhattan Beach, CA 90266

Estimated Value: $2,894,000 - $3,774,000

3 Beds
3.5 Baths
2,124 Sq Ft
$1,516/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $1,850,000 $871 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $18,792/month

114 Days on Market

Highlights

  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • 2 Car Attached Garage
  • Grand View Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 4-minute walk to Bruce's Beach

About This Home

As of June 2019

Manhattan Beach living is all about walking to the beach, boutique shops, dining experiences, community events, and award-winning local schools. This front unit townhome is located in the heart of the casual, connected North Manhattan lifestyle. Just steps from Grandview Elementary school and a short walk to the beach, it's easy to park the car and forget about it!

The entry level finds a bedroom suite with 3/4 bath; an excellent option for a home office! The master suite and a second bedroom are found on the 2nd level along with built-in storage and a laundry area. The master enjoys his & hers walk-in closets, a wrap-around deck, private fireplace, and master bath with a jetted tub.

The uppermost level opens to the connected entertaining areas. Open-concept living spaces include a dining area and living room that step out to a large sundeck. The large custom kitchen is connected by way of a large pass-through area with breakfast bar; perfect for staying engaged while entertaining family and friends. The kitchen offers stainless steel appliances and outstanding cabinet and counter space! A guest powder room is conveniently located nearby. The living areas are light, bright and clean with new carpets and fresh paint. A cozy two-way fireplace shares the ambiance from every vantage point. This is a fantastic space for casual and formal entertaining!

A large two-car garage plus a dedicated bonus carport space offers rare guest parking this close to the beach!

Last Agent to Sell the Property

Bryn Stroyke

Bayside License #00855690 Listed on: 01/24/2019

Last Buyer's Agent

Barbi Pappas

Vista Sotheby’s International Realty License #00871658

Vista Sotheby’s International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $23,240

Year Built

  • Built in 1997

Lot Details

  • 3,366 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping

Parking

  • 2 Car Attached Garage

Property Views

  • Peek-A-Boo
  • Neighborhood

Interior Spaces

  • 2,124 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Additional Features

  • Exterior Lighting
  • Central Heating

Community Details

  • Property has a Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 6174
  • Assessor Parcel Number 4177009053

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$23,240

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: MNRM
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4177009053
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2124.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 871.00
  • Room Type: Master Suite

Exterior Features

  • View: Neighborhood, Peek-A-Boo
  • 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: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 3366.00
  • Lot Size Acres: 0.0773

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3366.0000 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

Closed on
Sep 22, 2023
Sold by
Garma Genesis & Sitara
Bought by
Garma Family Trust and Garma
Current Estimated Value
$3,220,271

Purchase Details

Listed on
Jan 24, 2019
Closed on
May 23, 2019
Sold by
Finlay David M and Finlay Christina
Bought by
Garma Genesis and Garma Sitara
Seller's Agent
Bryn Stroyke
Bayside
Buyer's Agent
Barbi Pappas
Vista Sotheby’s International Realty
List Price
$1,999,000
Sold Price
$1,850,000
Premium/Discount to List
-$149,000
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$1,664,500
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2018
Sold by
Finlay David M
Bought by
Finlay David M and Finlay Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 23, 2013
Closed on
Aug 1, 2013
Sold by
Marray Finlay Helen Louis
Bought by
Finlay David M
Seller's Agent
Bret Lee
Compass Realty Group
Buyer's Agent
Bret Lee
Compass Realty Group
List Price
$1,499,000
Sold Price
$1,485,000
Premium/Discount to List
-$14,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$1,188,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 23, 2013
Closed on
Jul 19, 2013
Sold by
Koch Development Holdings Llc
Bought by
Finlay David M and Pena Christina
Seller's Agent
Bret Lee
Compass Realty Group
Buyer's Agent
Bret Lee
Compass Realty Group
List Price
$1,499,000
Sold Price
$1,485,000
Premium/Discount to List
-$14,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 23, 2013
Closed on
Jul 18, 2013
Sold by
Koch Frederick
Bought by
Koch Development Holdings Llc
Seller's Agent
Bret Lee
Compass Realty Group
Buyer's Agent
Bret Lee
Compass Realty Group
List Price
$1,499,000
Sold Price
$1,485,000
Premium/Discount to List
-$14,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,188,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2013
Sold by
Malinsky Howard
Bought by
Koch Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.37%
Mortgage Type
Balloon
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
Garma Family Trust -- None Listed On Document
Garma Genesis $1,850,000 Wfg National Title Company
Finlay David M -- Premium Title Of California
Finlay David M -- None Available
Finlay David M $1,485,014 Progressive Title Company
Koch Development Holdings Llc -- None Available
Koch Frederick $1,090,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garma Genesis $1,664,500
Previous Owner Finlay David M $1,075,000
Previous Owner Finlay David M $1,188,000
Previous Owner Finlay David M $1,188,000
Previous Owner Koch Development Holdings Llc $1,188,000
Previous Owner Koch Frederick $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2019 06/28/19 Sold $1,850,000 -4.4% $871 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
03/25/2019 03/25/19 Price Changed $1,935,000 -3.2% $911 / Sq Ft
01/24/2019 01/24/19 For Sale $1,999,000 -7.1% $941 / Sq Ft
01/23/2014 01/23/14 Sold $2,152,000 0.0% $1,116 / Sq Ft View Prior Sale
12/10/2013 12/10/13 Pending -- -- --
12/09/2013 12/09/13 For Sale $2,152,000 +44.9% $1,116 / Sq Ft
08/26/2013 08/26/13 Sold $1,485,000 -0.9% $660 / Sq Ft View Prior Sale
07/23/2013 07/23/13 For Sale $1,499,000 0.0% $666 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $1,499,000 -- $666 / 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 $23,240 $2,063,706 $619,111 $1,444,595
2024 $23,240 $2,023,242 $606,972 $1,416,270
2023 $22,647 $1,983,571 $595,071 $1,388,500
2022 $22,258 $1,944,678 $583,403 $1,361,275
2021 $21,859 $1,906,548 $571,964 $1,334,584
2020 $21,658 $1,887,000 $566,100 $1,320,900
2019 $18,758 $1,631,888 $1,164,850 $467,038
2018 $18,392 $1,599,891 $1,142,010 $457,881
2016 $17,063 $1,537,766 $1,097,665 $440,101
2015 $16,709 $1,514,669 $1,081,178 $433,491
2014 $16,489 $1,485,000 $1,060,000 $425,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19018093

California Regional Multiple Listing Service (CRMLS)

APN: 4177-009-053