Seller's Agent in 2022
Robert Schumann
Real Estate West, Inc.
(310) 546-3441
6 Total Sales
905 Manhattan Beach Blvd Manhattan Beach, CA 90266
Manhattan Beach AreaEstimated Value: $3,543,000
1816
Beds
4
Baths
3,790
Sq Ft
$935/Sq Ft
Est. Value
Highlights
- View of Hills
- Property is near public transit
- Living Room with Attached Deck
- Pacific Elementary School Rated A
- Wood Flooring
- Balcony
About This Home
As of May 2022ONE OF THE FINEST MULTI-RESIDENTIAL/COMMERCIAL LOCATIONS IN THE CITY, WHERE THE TREE SECTION MEETS THE HILL SECTION, JUST 5 BLOCKS AND A 10 MINUTE WALK TO DOWNTOWN. DOUBLE 36 X 115 LOTS WITH 72 FEET OF SOUTH FACING FRONTAGE AND A 30 FOOT HEIGHT LIMIT OFFERS POTENTIAL TO DEVELOP 4 TOWNHOMES + ADDITIONAL COMMERCIAL SPACE WITH CITY APPROVAL. 905 MBB IS IMPROVED WITH A TWO STORY DETACHED OFFICE BUILDING WITH OVER 2,000 SQ FT, PLUS DETACHED REAR DUPLEX WITH LOWER 1-BR UNIT AND UPPER SPACIOUS HOME-LIKE 1-BR UNIT WITH FIREPLACE, HARDWOOD FLOORS, LARGE DECK AND OVERSIZED ONE CAR GARAGE WITH SECURE STORAGE. ADDITIONAL SEPARATE STORAGE ROOM, SEPARATE LAUNDRY ROOM + 2 CAR PARKING ARE LOCATED ON LOWER LEVEL OF THE DUPLEX. 909 MBB HAS 400 SQ FT OFFICE BUILDING + 10 CAR PARKING. BUSINESS IS REAL ESTATE BROKERAGE WHICH WOULD PREFER SHORT TERM RENT BACK TO FACILITATE RELOCATION. OWNER/BROKER UTILIZING 905 OFFICE BLDG, 905-A, 905-B, 909 OFFICE BLDG (PAYS GAS: 387/YR, ELECTRIC: 2791/YR, PAYS NO RENT). 905, 905-A, 905-B, 909 RENTS LISTED ARE PRO-FORMA. POTENTIAL SHORT TERM ASSUMABLE FINANCE AVAILABLE.
Last Agent to Sell the Property
Real Estate West, Inc. License #00481263 Listed on: 02/25/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 8,280 Sq Ft Lot
- No Common Walls
- Fenced
- Stucco Fence
- Level Lot
- 4170011012 909 MBB
Parking
- 1 Car Garage
- 10 Open Parking Spaces
- 2 Attached Carport Spaces
- Parking Available
- Private Parking
- Tandem Covered Parking
- Single Garage Door
Property Views
- Hills
- Neighborhood
Home Design
- Flat Roof Shape
- Fire Rated Drywall
- Shingle Roof
- Rolled or Hot Mop Roof
- Composition Roof
- Lap Siding
- Plaster
- Stucco
Interior Spaces
- 3,790 Sq Ft Home
- 2-Story Property
- Skylights
- Wood Frame Window
- Living Room with Fireplace
- Living Room with Attached Deck
- Storage
Flooring
- Wood
- Carpet
- Concrete
Bedrooms and Bathrooms
- 1,816 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Washer Hookup
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Balcony
- Exterior Lighting
- Outdoor Storage
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Underground Utilities
- Natural Gas Connected
- Sewer Paid
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 1638
- Assessor Parcel Number 4170011011
Community Details
Overview
- 3 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $4,260
- Maintenance Expense $11,274
- Other Expense $1,300
- Trash Expense $1,722
- Water Sewer Expense $678
- New Taxes Expense $22,990
- Operating Expense $42,224
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
Feb 25, 2022
Closed on
Apr 4, 2022
Sold by
Bought by
Seller's Agent
Robert Schumann
Real Estate West, Inc.
Buyer's Agent
Joe Mandelbaum
Mandelbaum and Associates, Inc.
List Price
$5,200,000
Sold Price
$4,500,000
Premium/Discount to List
-$700,000
-13.46%
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
-$957,000
Purchase Details
Closed on
Sep 14, 2018
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
$2,000,000
Interest Rate
0.045%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 20, 2004
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
$954,500
Interest Rate
0.0564%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $2,625,000 | Ticor Title | ||
| -- | Lawyers Title Company | ||
| -- | Fidelity National Title |
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 |
|---|---|---|---|
| Previous Owner | $3,350,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $2,000,000 | ||
| Previous Owner | $1,650,000 | ||
| Previous Owner | $2,000,000 | ||
| Previous Owner | $345,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $1,060,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $40,000 | ||
| Previous Owner | $975,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $954,500 |
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 |
|---|---|---|---|---|
| 05/04/2022 05/04/22 | Sold | $4,500,000 | -13.5% | $1,187 / Sq Ft |
| 02/25/2022 02/25/22 | For Sale | $5,200,000 | -- | $1,372 / 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 | $31,995 | $2,785,670 | $1,936,704 | $848,966 |
| 2024 | $31,565 | $2,731,050 | $1,898,730 | $832,320 |
| 2023 | $30,672 | $2,677,500 | $1,861,500 | $816,000 |
| 2022 | $13,621 | $1,142,828 | $803,869 | $338,959 |
| 2021 | $13,480 | $1,120,420 | $788,107 | $332,313 |
| 2019 | $13,130 | $1,087,189 | $764,732 | $322,457 |
| 2018 | $12,804 | $1,065,873 | $749,738 | $316,135 |
| 2016 | $11,803 | $1,024,486 | $720,626 | $303,860 |
| 2015 | $11,565 | $1,009,098 | $709,802 | $299,296 |
| 2014 | $11,415 | $989,332 | $695,898 | $293,434 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Schumann
-
Joe Mandelbaum
Buyer's Agent in 2022
Joe Mandelbaum
Mandelbaum and Associates, Inc.
(310) 545-5400
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22032596
APN: 4170-011-011
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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