NOT LISTED FOR SALE

Estimated Value: $6,150,000 - $6,930,000

2 Beds
1 Bath
948 Sq Ft
$6,985/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $5,900,000 $6,224 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $37,966/month

66 Days on Market

Highlights

  • Ocean View
  • 0.22 Acre Lot
  • Living Room
  • Opal Robinson Elementary School Rated A
  • No HOA
  • 3-minute walk to Larsson Street Parkette

About This Home

As of May 2024

Calling all visionaries, developers, and Manhattan Beach lovers - we have a rare property on our hands with endless potential. The 9,595 square-foot lot presents an opportunity to build a six-bedroom + office, 8,400 SF home with a pool, 500 SF pool house, 4 car garage, and sweeping ocean views stretching from the Palos Verdes Peninsula to Catalina and beyond. Walking distance to some of the best schools, beaches, and dining in the state, this lot is ready for a buyer to move in and start their new life of beach city luxury. This lot is located right in the middle of one of the best streets in the esteemed Hill Section of Manhattan Beach. With 80 feet of street frontage and 120 feet to the back of the lot, there’s plenty of room to build your dream home with ocean views that stretch forever (and the power lines were just taken down). The two-bedroom, one-bathroom, 948 square-foot bungalow built in 1920 represents the Manhattan Beach of old, while the sprawling lot provides massive potential for present-day buyers and families.

Last Agent to Sell the Property

David Caskey

eXp Realty of California Inc Brokerage Phone: 310-374-1800 License #01198999 Listed on: 01/19/2023

eXp Realty of California Inc

Co-Listed By

James Herman

eXp Realty of California Inc Brokerage Phone: 310-374-1800 License #01922330

Last Buyer's Agent

David Caskey

eXp Realty of California Inc Brokerage Phone: 310-374-1800 License #01198999 Listed on: 01/19/2023

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 9,595 Sq Ft Lot
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 1 Car Garage
  • Parking Available

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / 4
  • Tax Tract Number 620
  • Assessor Parcel Number 4169016010
  • $3,685 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

9,595 Sq Ft Lot

Parking

1

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: 4169016010
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 948.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 6223.63
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 9595.00
  • Lot Size Acres: 0.2203

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9595.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 6209.01
  • Tax Lot: 6
  • Tax Tract Number: 620...
  • TaxOtherAnnualAssessmentAmount: 3685.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2026
Sold by
931 1St Street Lp
Bought by
Edwards Family Trust and Edwards
Current Estimated Value
$6,621,852

Purchase Details

Listed on
Jan 19, 2023
Closed on
May 8, 2024
Sold by
Remy Family Revocable Living Trust and Remy Elizabeth C
Bought by
931 1St Street Lp
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
David Caskey
eXp Realty of California Inc
List Price
$6,200,000
Sold Price
$5,900,000
Premium/Discount to List
-$300,000
-4.84%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$7,475,000
Interest Rate
6.82%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 12, 2023
Sold by
Remy Family Revocable Living Trust and Remy Elizabeth C
Bought by
931 1St Street Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,475,000
Interest Rate
6.82%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 1, 2021
Sold by
Remy Elizabeth C
Bought by
Remy Family Revocable Living Trust and Remy

Purchase Details

Closed on
May 23, 2017
Sold by
Wasko Margaret June
Bought by
Wasko Margaret June and Survivors Trust Of The Wasko Family Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Edwards Family Trust $5,900,000 Lawyers Title Company
931 1St Street Lp $5,900,000 Priority Title
931 1St Street Lp $5,900,000 Priority Title
Remy Family Revocable Living Trust -- None Listed On Document
Wasko Margaret June -- None Available
Wasko Margaret June -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 931 1St Street Lp $7,475,000
Previous Owner 931 1St Street Lp $7,475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $5,900,000 -4.8% $6,224 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $6,200,000 0.0% $6,540 / Sq Ft
09/08/2014 09/08/14 Rented $2,850 -12.3% --
09/06/2014 09/06/14 Under Contract -- -- --
08/28/2014 08/28/14 For Rent $3,250 +22.6% --
01/30/2014 01/30/14 Rented $2,650 0.0% --
01/30/2014 01/30/14 For Rent $2,650 -- --
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 $37,608 $6,018,000 $5,917,734 $100,266
2024 $37,608 $3,302,379 $3,248,770 $53,609
2023 $36,579 $3,237,627 $3,185,069 $52,558
2022 $35,945 $3,174,145 $3,122,617 $51,528
2021 $4,817 $101,633 $92,381 $9,252
2020 $4,799 $100,592 $91,434 $9,158
2019 $1,714 $98,621 $89,642 $8,979
2018 $1,613 $96,688 $87,885 $8,803
2016 $1,305 $92,935 $84,473 $8,462
2015 $1,282 $91,540 $83,205 $8,335
2014 $1,280 $89,748 $81,576 $8,172
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23004951

California Regional Multiple Listing Service (CRMLS)

APN: 4169-016-010

Your Personal Tour Guide

Ask me questions while you tour the home.