NOT LISTED FOR SALE

918 Manhattan Ave Hermosa Beach, CA 90254

Estimated Value: $3,337,000 - $3,978,000

4 Beds
6 Baths
3,098 Sq Ft
$1,213/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $2,850,000 $920 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $23,180/month

21 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • 4 Car Attached Garage
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of June 2021

A+++ Hermosa Beach Sand Section duplex... Close to everything... Restaurants, shops, Pier Avenue, and of course...the BEACH!.
The updated front unit has nice ocean views, 3 bedrooms and 2.75 baths, 2 car garage (plus 2 additional spaces). Hardwood floors and overall a clean and amazing home...The rear unit is also updated with 2 bedrooms and 2.5 baths and its own 2 car garage..Must see.

Last Agent to Sell the Property

Jeremy Shelton

Pacifica Properties Group, Inc. License #01416145 Listed on: 04/27/2021

Last Buyer's Agent

Jaimi Freeman

Pacifica Properties Group, Inc. License #01520751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,848

Year Built

  • Built in 1986

Lot Details

  • 2,507 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Duplex

Interior Spaces

  • 3,098 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Property is near a park
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 33 / A
  • Tax Tract Number 860
  • Assessor Parcel Number 4187008033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,848

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: HBR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4187008033
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3098.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 919.95
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 2507.00
  • Lot Size Acres: 0.0576

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2507.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: A
  • Tax Census Tract: 6211.04
  • Tax Lot: 33
  • Tax Tract Number: 860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 10, 2021
Sold by
Daniela Olson
Bought by
Olson Cassidy
Seller's Agent
Jeremy Shelton
Pacifica Properties Group, Inc.
Buyer's Agent
Jaimi Freeman
Pacifica Properties Group, Inc.
List Price
$2,875,000
Sold Price
$2,850,000
Premium/Discount to List
-$25,000
-0.87%
Current Estimated Value
$3,759,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$909,065
Avg. Annual Appreciation
5.96%
Original Mortgage
$1,200,000
Outstanding Balance
$1,088,814
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,541,481

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 21, 2021
Sold by
Cassidy Olson
Bought by
Gragnani Jeana Michele and Gragnani Kody Michael
Seller's Agent
Jeremy Shelton
Pacifica Properties Group, Inc.
Buyer's Agent
Jaimi Freeman
Pacifica Properties Group, Inc.
List Price
$2,875,000
Sold Price
$2,850,000
Premium/Discount to List
-$25,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,088,814
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,541,481

Purchase Details

Closed on
Aug 10, 2004
Sold by
Olson David A and Olson Lynn D
Bought by
Olson Cassidy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2001
Sold by
Olson David A and Olson Lynn D
Bought by
Olson David A and Olson Lynn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
7.37%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Bond Peter W and Bond Nancy R
Bought by
Olson David A and Olson Lynn D
Source: Public Records

Range of Values:

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Average Value
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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
Olson Cassidy -- Wfg National Title Insurance C
Gragnani Jeana Michele $2,850,000 Wfg National Title Insurance C
Olson Cassidy -- First American Title Company
Olson David A -- North American Title Co
Olson David A -- North American Title Co
Olson David A $985,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gragnani Jeana Michele $1,200,000
Previous Owner Olson Cassidy $925,000
Previous Owner Olson David A $548,500
Previous Owner Olsoon David A $525,000
Previous Owner Olson David A $499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $2,850,000 0.0% $920 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/14/2021 05/14/21 Price Changed $2,850,000 -0.9% $920 / Sq Ft
04/27/2021 04/27/21 For Sale $2,875,000 -- $928 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $32,848 $3,084,930 $2,760,201 $324,729
2024 $32,848 $3,024,442 $2,706,080 $318,362
2023 $32,168 $2,965,140 $2,653,020 $312,120
2022 $31,589 $2,907,000 $2,601,000 $306,000
2021 $15,230 $1,371,203 $835,251 $535,952
2019 $14,883 $1,330,534 $810,478 $520,056
2018 $14,338 $1,304,446 $794,587 $509,859
2016 $13,619 $1,253,794 $763,733 $490,061
2015 $13,291 $1,234,962 $752,262 $482,700
2014 $12,973 $1,210,772 $737,527 $473,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21087593

California Regional Multiple Listing Service (CRMLS)

APN: 4187-008-033