This home is also listed on MRMLS as #S09113498.
Under Contract
(MLS-listed)
Listed at: $1,350,000
421 MARINE Ave Manhattan Beach, CA 90266
| Beds: | 6 |
| Baths: | 6 |
| Sq. Ft.: | 2,501 |
| $/Sq. Ft.: | $540 |
| Lot Size: | 2,696 Sq. Ft. |
| Property Type: | Multi-Family |
| Year Built: | 1968 |
| Community: | Manhattan Beach Sand |
| County: | Los Angeles |
| MLS#: | S09113521 |
| Source: | MRMLS |
| Status: | Backup Offers Accepted |
| On Redfin: | 35 days |
Great owner user duplex or investment property that brings in $7700 per month in rents. This is a full 30X90 foot lot, zoned for R-2 allowing for future building of two townhomes. Front and back unit are detached, basically looks and feels like two detached townhomes. Front unit has 3 bedrooms, 3 baths, some ocean views from small patio, attached 2 car garage with 2 car parking in driveway. Back unit is detached, 3 bedrooms, 3 baths, in great shape, 2 car attached garage with 1 guest parking. Building has all new paint recently, new trim on exterior of front, new plumbing line to sewer line installed. This is a huge opportunity walking distance to beach, Grandview Elementary school, Live Oak park and walk to downtown Manhattan Beach. With $7700 month in rents great owner user opportunity with privacy, parking, and huge upside at this price. Priced to sell now. Bring owner users and investors because this offers something for everyone.
Parking Information
- # of Garage Spaces: 4
- # of Other Spaces: 7
Unit 1 Information
- Number: 1
- # of Beds: 3
- # of Baths: 3
- Unfurnished
- Monthly Rent: $3,950
Location Information
- Cross Streets: marine and vista
- Legal Tract #: 6203
- Legal Lot #: 13
Expense Information
- Total Annual: $5,000
- Operating: $26,724
Community Features
- Units in Complex (Total): 2
Unit 2 Information
- Number: 1
- # of Beds: 3
- # of Baths: 3
- Unfurnished
- Monthly Rent: $3,775
Property Information
- Tax Parcel Number: 4177008021
- Legal Disclosures: Notice of Default
Listing Information
- MLS: MRMLS
- Listing Terms: Submit
Multi-Family Information
- # Leased: 2
- # of Buildings: 2
- # of Electric Meters: 2
- # of Gas Meters: 2
- # of Water Meters: 2
Lot Information
- Lot Size (Sq. Ft.): 2,696
- Lot Size Source: Public Records
Financial Information
- Net Operating Income: $65,676
- Monthly Gross Income: $7,700
- Gross Scheduled Income: $92,400
- Actual Rent (Total): $7,725
- Tax Rate Year: 2008
Listing last changed
November 5, 2009, 12:34 PM
Overhead View of 421 MARINE Ave, Manhattan Beach, CA 90266
Sites Linking to 421 MARINE Ave
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Added
November 10, 2009
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Property History for 421 MARINE Ave
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Oct 23, 2009 | Listed | $1,350,000 | -- | MRMLS #S09113521 |
| Oct 23, 2009 | Listed | $1,350,000 | -- | MRMLS #S09113498 |
| Jun 07, 2006 | Sold (Public Records) | $1,850,000 | -- | Public Records |
Clicking a linked event will take you to details of other MLS listings for this home. Details for sold MLS listings provides valuable information when doing a comparative market analysis.
NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.
Public Facts for 421 MARINE Ave
| Beds: | 6 |
| Baths: | 6.0 |
| Finished Sqft: | 2501 |
| Unfinished Sqft: | - |
| Total Sqft: | 2501 |
| Floors: | - |
| Lot Size: | 2,696 |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1968 |
| Year Renovated: | - |
| County: | Los Angeles County |
| APN: | 4177008021 |
| Last Updated: | November 19, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $1,644,872 |
| Additions | $318,362 |
| Total | $1,963,234 |
| Tax (2009) | $20,791 |
Home Value Estimates for 421 MARINE Ave
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Nearby Similar Listings
More Info
Closest listings similar to 421 MARINE Ave:
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$2,399,000
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$3,500,000
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$1,750,000
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$2,450,000
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$1,180,000
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| Range: | $1,180,000 - $3,500,000 |
| Average: | $933/Sq. Ft. |
Nearby Similar Sales
More Info
Closest homes similar to 421 MARINE Ave, which sold within the past six months:
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$2,550,000
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|
$2,700,000
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|
|
$1,250,000
324 Rosecrans Ave Sold on Jul 31, 2009 |
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|
$1,250,000
324 ROSECRANS Sold on Jul 31, 2009 |
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|
|
$737,500
125 Rosecrans Ave Sold on Jul 17, 2009 |
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| Range: | $737,500 - $2,700,000 |
| Average: | $638/Sq. Ft. |
Link to this page at
http://www.redfin.com/CA/Manhattan-Beach/421-Marine-Ave-90266/home/6710749
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