L'mar Kojani
Keller Williams Realty
(424) 345-1217
45 Total Sales
4 in Hermosa Beach
$2,100,000 Price Range
735 Manhattan Ave Hermosa Beach, CA 90254
Hermosa Beach AreaEstimated Value: $3,588,000 - $6,613,915
8
Beds
8
Baths
4,252
Sq Ft
$1,186/Sq Ft
Est. Value
Highlights
- Ocean View
- Ocean Side of Highway 1
- Wood Flooring
- Hermosa Valley Elementary School Rated A
- Contemporary Architecture
- Living Room with Attached Deck
About This Home
As of July 2014Beach income property two blocks from the sand! Great 4 unit property sits on an oversized 40x100 lot & offers excellent units just a short walk from the beach. Configured such that there is an oversized storage room next to the common coin-op laundry room, a unit on the 2nd level & 3rd unit on the top level. Top unit (#4) offers an open panoramic ocean view. A second building just west of the 1st has 3rd unit on top of 3, 2 car garages, then a 4th unit on the top level. That unit (#3) also has an ocean view. Each unit is large & offers 2 bedrooms, each w/it's own bath room. Each unit has a gas fireplace. The units have nicely updated kitchens w/subway tile backsplashes and hardwood flooring. The kitchens offer tons of storage space and have great counter space as well. Three of the four units are assigned a tandem 2 car garage on the Palm Ave side--each with separate entry from the courtyard. The fourth unit is assigned a side by side garage with access from Manhattan Ave. There are bonus storage areas within the bldgs. On site owner-management has ensured the building has been well-maintained. Each main unit has a generous, private deck. Very attractive units for a steady stream of tenants!
Last Agent to Sell the Property
eXp Realty of California Inc License #01198999 Listed on: 03/19/2014
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 3,994 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
Parking
- 8 Car Garage
- 1 Attached Carport Space
- Parking Available
- Front Facing Garage
- Assigned Parking
Property Views
- Ocean
- Panoramic
Home Design
- Contemporary Architecture
- Property Attached
- Composition Roof
Interior Spaces
- 4,252 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
- Living Room with Attached Deck
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Ocean Side of Highway 1
- Wall Furnace
Listing and Financial Details
- Tax Tract Number 1075
- Assessor Parcel Number 4187021016
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Cable TV Expense $2,230
- Electric Expense $1,317
- Insurance Expense $3,426
- Trash Expense $2,860
- Water Sewer Expense $2,066
- New Taxes Expense $39,538
- Gross Income $13,400
- Net Operating Income $108,745
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
Listed on
Mar 19, 2014
Closed on
Jul 11, 2014
Sold by
Bought by
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Bill Ruane
Estate Properties
List Price
$3,499,000
Sold Price
$3,500,000
Premium/Discount to List
$1,000
0.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,541,305
Avg. Annual Appreciation
3.08%
Original Mortgage
$1,500,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,395,900
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hermosa Beach, CA
-
L'mar Kojani
-
Paul Gusiff
Paul Gusiff
Westworld Realty Inc.
(669) 202-9633
104 Total Sales
1 in Hermosa Beach
$2,200,000 Price
-
Candice Carpenter
Candice Carpenter
Coastal Elite Properties
(424) 284-7552
19 Total Sales
2 in Hermosa Beach
$5.4M - $6M Price Range
-
Sandy Bruce
Sandy Bruce
Estate Properties
(424) 380-7740
79 Total Sales
3 in Hermosa Beach
$2.2M - $2.4M Price Range
-
Mary Ann Garcia Berges
Mary Ann Garcia Berges
MyAgent Real Estate Group
(424) 788-0855
52 Total Sales
1 in Hermosa Beach
$1,275,000 Price
-
Megan Squires
Megan Squires
Home Team Realty
(424) 399-5721
9 Total Sales
2 in Hermosa Beach
$2,750,000 Price Range
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 |
|---|---|---|---|
| $200,000 | Landamerica Lawyers Title Co | ||
| $3,500,000 | Landamerica Lawyers Title Co | ||
| $2,490,000 | Lawyers Title Company | ||
| $910,000 | Southland Title Corporation |
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 |
|---|---|---|---|
| Closed | $1,500,000 | ||
| Previous Owner | $1,415,000 | ||
| Previous Owner | $1,395,900 |
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 |
|---|---|---|---|---|
| 07/23/2014 07/23/14 | Sold | $3,500,000 | 0.0% | $823 / Sq Ft |
| 04/29/2014 04/29/14 | Pending | -- | -- | -- |
| 03/19/2014 03/19/14 | For Sale | $3,499,000 | -- | $823 / 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 |
|---|---|---|---|---|
| 2025 | $46,213 | $4,206,470 | $3,725,733 | $480,737 |
| 2024 | $44,911 | $4,123,991 | $3,652,680 | $471,311 |
| 2023 | $43,983 | $4,043,129 | $3,581,059 | $462,070 |
| 2022 | $43,196 | $3,963,853 | $3,510,843 | $453,010 |
| 2021 | $42,491 | $3,886,131 | $3,442,003 | $444,128 |
| 2019 | $41,378 | $3,770,868 | $3,339,912 | $430,956 |
| 2018 | $40,023 | $3,696,930 | $3,274,424 | $422,506 |
| 2016 | $38,031 | $3,553,375 | $3,147,275 | $406,100 |
| 2015 | $37,164 | $3,500,000 | $3,100,000 | $400,000 |
| 2014 | $28,441 | $2,668,049 | $2,212,661 | $455,388 |
Source: Public Records
Agents Affiliated with this Home
-
David Caskey
Seller's Agent in 2014
David Caskey
eXp Realty of California Inc
(310) 200-1960
262 Total Sales
-
Bill Ruane
Buyer's Agent in 2014
Bill Ruane
RE/MAX
(310) 877-2374
428 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB14056697
APN: 4187-021-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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