Melissa Okabe
Alta Properties
(562) 568-9373
27 Total Sales
1 in Manhattan Beach
$4,500,000 Price
501 Manhattan Ave Manhattan Beach, CA 90266
Manhattan Beach AreaEstimated Value: $5,725,983
4
Beds
3
Baths
2,188
Sq Ft
$2,617/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Property is near public transit
- Wood Flooring
- Opal Robinson Elementary School Rated A
- Traditional Architecture
- Private Yard
About This Home
As of October 2015Currently a gorgeous duplex in a prime location! This beautiful income property is located in the “Sand Section” of Manhattan Beach, which is notable for its coveted walk-street adjacent to the ocean. Take a short walk to the “Downtown” area of Manhattan Beach, which is also known as the heart of the city. Visit the luxurious boutiques, hotels, spas, restaurants, and shops! The full-size lot is within steps of the sand and has endless opportunities. Live in one unit while you rent out the other. The total lot size is 2,705 SQ FT buyer to verify. The front unit may be rented and used as a two bedroom, one and a half bathroom with wonderful ocean views. The back unit is a two bedroom, one bath beach bungalow with hardwood floors. Simply enjoy the spectacular ocean views once you build your one of a kind home.
Last Buyer's Agent
Christine Solomon
Ossia Real Estate License #01886724
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 2,705 Sq Ft Lot
- 1 Common Wall
- Private Yard
- Lawn
- Front Yard
- Value in Land
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Property Attached
- Composition Roof
Interior Spaces
- 2,188 Sq Ft Home
- Living Room with Fireplace
- White Water Ocean Views
- Gas Range
- Stacked Washer and Dryer
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- Balcony
- Property is near public transit
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 2117
- Assessor Parcel Number 4180026011
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,415
- Trash Expense $975
- Water Sewer Expense $975
- New Taxes Expense $2,904
- Gross Income $9,000
- Net Operating Income $101,680
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 6, 2017
Sold by
Timmons Robert Brian and Timmons Jennifer Malin
Bought by
Current Estimated Value
Purchase Details
Listed on
Aug 6, 2015
Closed on
Oct 21, 2015
Sold by
Connor Susan O
Bought by
Timmons Robert Brian and Timmons Jennifer Malin
Seller's Agent
Daniel Jensen
Jensen Realty
Buyer's Agent
Christine Solomon
Ossia Real Estate
List Price
$5,950,000
Sold Price
$5,100,000
Premium/Discount to List
-$850,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$4,000,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2003
Sold by
Oconnor Susan and The 2001 Susan Oconnor Revocab
Bought by
Oconnor Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.6%
Purchase Details
Closed on
Sep 19, 2001
Sold by
Oconnor Susan
Bought by
Oconnor Susan and 2001 Susan Oconnor Revocable T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 2, 2001
Sold by
Johnson Patrick Roy
Bought by
Oconnor Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.21%
Purchase Details
Closed on
Oct 6, 1999
Sold by
Johnson Deanne A
Bought by
Johnson Patrick Roy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.76%
Mortgage Type
Credit Line Revolving
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Manhattan Beach, CA
-
Melissa Okabe
-
Audrey Judson
Audrey Judson
Pacifica Properties Group, Inc.
(424) 310-1086
45 Total Sales
20 in Manhattan Beach
$2.1M - $7.5M Price Range
-
Joseph McMahon
Joseph McMahon
Keller Williams Realty
(424) 396-1573
9 Total Sales
1 in Manhattan Beach
$5,200,000 Price
-
Linda Cottone
Linda Cottone
Responds QuicklyeXp Realty of California, Inc.
(424) 375-6846
63 Total Sales
1 in Manhattan Beach
$2,140,000 Price
-
Clarence Clemons
Clarence Clemons
Thomas James Real Estate Services, Inc
(661) 475-6028
6 Total Sales
1 in Manhattan Beach
$3,500,000 Price
-
Lauren Perreault
Lauren Perreault
Fiv Realty
(360) 803-3358
52 Total Sales
1 in Manhattan Beach
$5,100,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Timmons Brian | -- | None Available | |
| Timmons Robert Brian | $5,100,000 | Lawyers Title | |
| Oconnor Susan | -- | North American Title Co | |
| Oconnor Susan | -- | -- | |
| Oconnor Susan | -- | Fidelity National Title | |
| Johnson Patrick Roy | -- | First American Title Ins Co | |
| Johnson Patrick Roy | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $7,500,000 | ||
| Closed | Timmons Robert Brian | $4,000,000 | |
| Previous Owner | Park Christopher W K | $120,000 | |
| Previous Owner | Oconnor Susan | $434,000 | |
| Previous Owner | Oconnor Susan | $100,000 | |
| Previous Owner | Oconnor Susan | $421,000 | |
| Previous Owner | Oconnor Susan | $100,000 | |
| Previous Owner | Oconnor Susan | $100,000 | |
| Previous Owner | Oconnor Susan | $276,000 | |
| Previous Owner | Oconnor Susan | $100,000 | |
| Previous Owner | Oconnor Susan | $240,000 | |
| Previous Owner | Johnson Patrick Roy | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2015 10/27/15 | Sold | $5,100,000 | -14.3% | $2,331 / Sq Ft |
| 09/30/2015 09/30/15 | Pending | -- | -- | -- |
| 07/08/2015 07/08/15 | For Sale | $5,950,000 | -- | $2,719 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $76,485 | $6,988,565 | $6,158,111 | $830,454 |
| 2025 | $76,485 | $6,851,535 | $6,037,364 | $814,171 |
| 2024 | $75,631 | $6,717,192 | $5,918,985 | $798,207 |
| 2023 | $73,706 | $6,585,483 | $5,802,927 | $782,556 |
| 2022 | $72,418 | $6,456,357 | $5,689,145 | $767,212 |
| 2021 | $71,064 | $6,329,763 | $5,577,594 | $752,169 |
| 2019 | $60,978 | $5,412,160 | $5,412,160 | $0 |
| 2018 | $59,817 | $5,306,860 | $5,306,040 | $820 |
| 2017 | $58,615 | $5,202,000 | $4,794,000 | $408,000 |
| 2016 | $56,152 | $5,100,000 | $4,700,000 | $400,000 |
| 2015 | $2,929 | $237,197 | $156,058 | $81,139 |
| 2014 | $2,904 | $232,552 | $153,002 | $79,550 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Jensen
DJ
Seller's Agent in 2015
Daniel Jensen
Jensen Realty
(310) 809-2891
67 Total Sales
-
CS
Buyer's Agent in 2015
Christine Solomon
Ossia Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15148415
APN: 4180-026-011
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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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