Seller's Agent in 2012
Adam Barshay
Barshay Real Estate, Inc.
(310) 937-1501
3 in this area
5 Total Sales
436 Rosecrans Ave Manhattan Beach, CA 90266
Estimated Value: $2,740,000 - $3,747,421
4
Beds
4
Baths
1,984
Sq Ft
$1,565/Sq Ft
Est. Value
Highlights
- Ocean View
- Wood Flooring
- Double Pane Windows
- Grand View Elementary School Rated A
- Granite Countertops
- Recessed Lighting
About This Home
As of September 2012Rare Remodeled 4-Unit Apartment Building in Prestigious Sand Section of Manhattan Beach! Partial Ocean Views and just a short stroll to one of the Best Beaches in Southern California. Originally Built in 1939, each unit is 1-bedroom, 1-bath. High Demand Rental Area with Below Market Rents. Turn-key Investment with Little to No Deferred Maintenance: Newer Roof (2008), Newer Windows (2009), New Exterior Paint (2012). Upgrades Include: Kitchen has Granite Counter-Tops and Stainless Steel Appliances, Original Hardwood Floors with Recessed Lighting Throughout, Stone Bathrooms with Slate Floors, Washer/Dryer & Forced Air Heat in Each Unit. Additionally, the Building has Three 1-Car Garages with Newer Automatic Doors. Separately Metered for Gas & Electric. Don't Miss this Great Opportunity to own income property at the Beach...
Last Agent to Sell the Property
Barshay Real Estate, Inc. License #01354021 Listed on: 09/07/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939 | Remodeled
Lot Details
- 2,951 Sq Ft Lot
- Property fronts an alley
Parking
- 3 Car Garage
- Parking Available
- Front Facing Garage
- Garage Door Opener
Home Design
- Turnkey
- Frame Construction
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 1,984 Sq Ft Home
- Recessed Lighting
- Double Pane Windows
- Ocean Views
Kitchen
- Granite Countertops
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Utilities
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 3843
- Assessor Parcel Number 4175006012
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $100
- Insurance Expense $1,238
- Maintenance Expense $800
- Trash Expense $500
- Water Sewer Expense $1,232
- New Taxes Expense $16,225
- Gross Income $6,725
- Net Operating Income $57,864
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2019
Sold by
Suter David Patrick and Suter Christine Elizabeth
Bought by
Suter David Patrick and Suter Christine Elizabeth
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$839,000
Outstanding Balance
$738,104
Interest Rate
3.6%
Estimated Equity
$2,366,703
Purchase Details
Closed on
Apr 3, 2014
Sold by
Suter David and Suter Christine
Bought by
Restated Amended and Restated David
Purchase Details
Listed on
Sep 7, 2012
Closed on
Aug 1, 2012
Sold by
Hijazi Patricia Ann and The Ahmad Hijazi Disclaimer Tr
Bought by
Suter David and Suter Christine
Seller's Agent
Adam Barshay
Barshay Real Estate, Inc.
Buyer's Agent
Rob McGarry
Vista Sotheby’s International Realty
List Price
$1,475,000
Sold Price
$1,475,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$1,015,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2007
Sold by
Hsbc Mortgage Corp Usa
Bought by
Hijazi Ahmad M and Hijazi Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,937
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 30, 2006
Sold by
Pereira Neil
Bought by
Hsbc Mortgage Corp Usa
Purchase Details
Closed on
Nov 7, 2005
Sold by
Mohajerin Francis
Bought by
Pereira Neil
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
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 18, 2004
Sold by
Nelson Steven K
Bought by
Mohajerin Francis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 27, 2001
Sold by
Nelson Steven K and Nelson Elizabeth L
Bought by
Nelson Steven K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.84%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Suter David Patrick | -- | Usa Title La | |
| Suter David Patrick | -- | Usa National Title | |
| Restated Amended | -- | None Available | |
| Suter David | $1,475,000 | Usa National Title Company | |
| Hijazi Ahmad M | $1,413,754 | Lawyers Title Company | |
| Hsbc Mortgage Corp Usa | $1,074,697 | Accommodation | |
| Pereira Neil | -- | Stewart Title | |
| Mohajerin Francis | $1,205,000 | North American Title Co | |
| Nelson Steven K | -- | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Suter David Patrick | $839,000 | |
| Previous Owner | Suter David | $1,015,000 | |
| Previous Owner | Hijazi Ahmad M | $918,937 | |
| Previous Owner | Pereira Neil | $1,000,000 | |
| Previous Owner | Mohajerin Francis | $843,500 | |
| Previous Owner | Nelson Steven K | $525,000 | |
| Closed | Mohajerin Francis | $120,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/07/2012 09/07/12 | Sold | $1,475,000 | 0.0% | $743 / Sq Ft |
| 09/07/2012 09/07/12 | Pending | -- | -- | -- |
| 09/07/2012 09/07/12 | For Sale | $1,475,000 | -- | $743 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,783 | $1,816,343 | $1,354,565 | $461,778 |
| 2024 | $20,783 | $1,780,729 | $1,328,005 | $452,724 |
| 2023 | $20,190 | $1,745,814 | $1,301,966 | $443,848 |
| 2022 | $19,848 | $1,711,584 | $1,276,438 | $435,146 |
| 2021 | $19,621 | $1,678,024 | $1,251,410 | $426,614 |
| 2019 | $19,102 | $1,628,255 | $1,214,294 | $413,961 |
| 2018 | $18,703 | $1,596,330 | $1,190,485 | $405,845 |
| 2016 | $17,370 | $1,534,345 | $1,144,258 | $390,087 |
| 2015 | $17,013 | $1,511,299 | $1,127,071 | $384,228 |
| 2014 | $16,795 | $1,481,696 | $1,104,994 | $376,702 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Barshay
-
Rob McGarry
Buyer's Agent in 2012
Rob McGarry
Vista Sotheby’s International Realty
(310) 463-8488
16 in this area
74 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S12115216
APN: 4175-006-012
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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