NOT LISTED FOR SALE

Estimated Value: $6,828,000 - $7,595,000

4 Beds
2 Baths
1,259 Sq Ft
$5,786/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $2,600,000 $2,065 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $41,189/month

28 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Central Heating
  • Grand View Elementary School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2023

Tremendous opportunity for the lucky new owner to build a custom 5BR/ 7BA, 5,500+ sq. ft. home with a large basement flooded with light in a AAA tree section location - one of the finest homes ever conceptualized in Manhattan Beach. This south-facing flat lot has newer built homes on the East, West and South side, thus the new owner will not have to deal with any future development by the neighbors.

This lot is shovel ready! Full architectural plans and design work completed by noted local architect Trotter Design Group and About Space Studios. Estimated build costs make this an immediate and attractive ROI opportunity! Buy now and immediately sidestep the 12+ month waiting line in the city planning/building department.

Please inquire with listing agent on floor plans, interior design images, etc.

Last Agent to Sell the Property

Vincenzo Altamura

S C Real Estate License #01901957 Listed on: 03/13/2023

Last Buyer's Agent

Robert Lane

Vista Sotheby’s International Realty License #00768020

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 4,803 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 2 Car Garage

Interior Spaces

  • 1,259 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Manhattan Beach Middle School
  • Mira Costa High School

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 74
  • Tax Tract Number 2474
  • Assessor Parcel Number 4174015003

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4174015003
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1259.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2065.13
  • Room Type: Entry, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4803.00
  • Lot Size Acres: 0.1103

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4803.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 74
  • Tax Census Tract: 6203.01
  • Tax Lot: 3
  • Tax Tract Number: 2474

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Zc 29 Llc
Bought by
Laycock-Khoury Family Trust and Laycock
Current Estimated Value
$7,284,531

Purchase Details

Listed on
Mar 13, 2023
Closed on
Apr 12, 2023
Sold by
Butler Todd and Butler Britton
Bought by
Zc 29 Llc
Seller's Agent
Vincenzo Altamura
S C Real Estate
Buyer's Agent
Robert Lane
Vista Sotheby’s International Realty
List Price
$2,799,000
Sold Price
$2,600,000
Premium/Discount to List
-$199,000
-7.11%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.05%

Purchase Details

Closed on
Nov 6, 2003
Sold by
Spellmire Kenneth A and Spellmire Norine F
Bought by
Spellmire Kenneth A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Laycock-Khoury Family Trust $6,900,000 Upward Title Company
Zc 29 Llc $2,600,000 Usa National Title
Spellmire Kenneth A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2023 05/10/23 Sold $2,600,000 -7.1% $2,065 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $2,799,000 +21.2% $2,223 / Sq Ft
08/16/2021 08/16/21 Sold $2,310,000 +15.5% $1,835 / Sq Ft View Prior Sale
07/18/2021 07/18/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $2,000,000 -- $1,589 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $30,363 $6,900,000 $3,900,000 $3,000,000
2024 $30,363 $2,652,000 $2,121,600 $530,400
2023 $26,781 $2,356,200 $1,884,960 $471,240
2022 $26,319 $2,310,000 $1,848,000 $462,000
2021 $1,587 $93,490 $66,789 $26,701
2020 $1,575 $92,533 $66,105 $26,428
2019 $1,554 $90,719 $64,809 $25,910
2018 $1,444 $88,941 $63,539 $25,402
2016 $1,138 $85,489 $61,073 $24,416
2015 $1,117 $84,206 $60,156 $24,050
2014 $1,114 $82,557 $58,978 $23,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23041202

California Regional Multiple Listing Service (CRMLS)

APN: 4174-015-003