229 42nd St Manhattan Beach, CA 90266

$2,176,000 Sold Price as of 06/27/2018

4 Beds
4 Baths
1,725 Sq.Ft.

Off Market

$2,176,000 Sold Price as of 06/27/2018 Refinance Your Mortgage

Map preview of 229 42nd St, Manhattan Beach, CA 90266

Property Overview: 229 42nd St Manhattan Beach, CA has 4 bedrooms, 4 bathrooms, 1,725 living square feet and 1,347 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

229 42nd St is currently an off market home in the city of Manhattan Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Manhattan Beach has a median list price of $4,449,000. The median price per/sqft for Manhattan Beach is $1,510. With those numbers in mind, if you are looking to purchase a median priced home in Manhattan Beach, CA and put 20% down you will need to save up $889,800 for the down payment and will need roughly $88,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Manhattan Beach the commission could be as much as $117,488. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 229 42nd St

Last sold for $2,176,000 on June 27th, 2018

June, 2018
Jun 28, 2018

Date

Sold

CRMLS: IN18038520

$2,176,000

Price
Jun 4, 2018

Date

Pending

CRMLS: IN18038520

$2,190,000

Price
Apr 18, 2018

Date

Active Under Contract

CRMLS: IN18038520

$2,190,000

Price
Apr 13, 2018

Date

Active

CRMLS: IN18038520

$2,190,000

Price
Apr 6, 2018

Date

Active Under Contract

CRMLS: IN18038520

$2,190,000

Price
Mar 7, 2018

Date

Active

CRMLS: IN18038520

$2,190,000

Price
Listing provided courtesy of CRMLS

PRICED TO SELL! Rare half-lot duplex in great condition; outstanding value for west of Highland. Move-in ready! Buyer only needs to qualify for loan on $1.6 million property since rental income from the other unit will carry the rest of the mortgage. This is a very rare 2-unit owner / investor property in the sand section west of Highland, a custom-built duplex and a perfect starter home for Manhattan Beach. With an elevator for the top unit and rental income from the 2nd unit, it would also make a great retirement home or 2ndhome by the beach. Live in one unit and rent out the other; or rent out both units. The top unit (229 42nd Street) is currently renting at $3,995 (lease expires May 2018). The downstairs unit (231 42nd Street) is renting at $3,675 (lease expires March 2019). -Amazing panoramic ocean views from PV to Malibu. -Fireplace and ocean view deck in both units. -Built in 1992 with many custom features; elevator from garage to top unit -4 car garage (tandem 2+2), plus 3 car driveway parking; 7 parking spots total! -Bright and sunny with lots of windows -Wood floors and marble countertop kitchens, with upgraded appliances -Walk to beach and restaurants -Both units are approximately 950 square foot for a total living space of 1900. Tax record differs from previous MLS listing, buyer to verify square footage. Cross reference MLS# IN18037909 Buyer to cooperate with 1031 exchange

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June, 2018
Jun 28, 2018

Date

Sold

CRMLS: IN18037909

$2,176,000

Price
Jun 4, 2018

Date

Pending

CRMLS: IN18037909

$2,190,000

Price
Apr 18, 2018

Date

Active Under Contract

CRMLS: IN18037909

$2,190,000

Price
Apr 13, 2018

Date

Active

CRMLS: IN18037909

$2,190,000

Price
Apr 6, 2018

Date

Active Under Contract

CRMLS: IN18037909

$2,190,000

Price
Mar 7, 2018

Date

Active

CRMLS: IN18037909

$2,190,000

Price
Listing provided courtesy of CRMLS

PRICED TO SELL! Rare half-lot duplex in great condition; outstanding value for west of Highland. Move-in ready! Buyer only needs to qualify for loan on $1.6 million property since rental income from the other unit will carry the rest of the mortgage. This is a very rare 2-unit owner / investor property in the sand section west of Highland, a custom-built duplex and a perfect starter home for Manhattan Beach. With an elevator for the top unit and rental income from the 2nd unit, it would also make a great retirement home or 2ndhome by the beach. Live in one unit and rent out the other; or rent out both units. The top unit (229 42nd Street) is currently renting at $3,995 (lease expires May 2018). The downstairs unit (231 42nd Street) is renting at $3,675 (lease expires March 2019). -Amazing panoramic ocean views from PV to Malibu. -Fireplace and ocean view deck in both units. -Built in 1992 with many custom features; elevator from garage to top unit -4 car garage (tandem 2+2), plus 3 car driveway parking; 7 parking spots total! -Bright and sunny with lots of windows -Wood floors and marble countertop kitchens, with upgraded appliances -Walk to beach and restaurants -Both units are approximately 950 square foot for a total living space of 1900. Tax record differs from previous MLS listing, buyer to verify square footage. Cross reference MLS# IN18038520 Buyer to cooperate with 1031 exchange

Continue Reading
June, 2018
Jun 27, 2018

Date

Sold (Public Records)

Public Records

$2,176,000

Price
December, 2010
Dec 13, 2010

Date

Sold (Public Records)

Public Records

$1,477,000

Price

Tax History for 229 42nd St

Assessed Value (2020): $2,263,910

Year	Land Value	Improved Value	Assessed Value
2020	$1,560,600	$703,310	$2,263,910

About 229 42nd St

Detailed summary of property

229 42nd St is categorized with a use code of Duplex (2 Units, Any Combination) in Manhattan Beach, CA 90266 and last sold on June 27, 2018 for $2,176,000. This property has 4 bedrooms, 4 bathrooms, roughly 1,725 living square feet, and sits on an approximately 1,347 square foot lot. Homes in Manhattan Beach are selling for a median price of $2,349,750 and a median price per square foot of $1,284. Based on Ardent Real Estate Group's Manhattan Beach Market Data, this home is sold 7.39% lower than the current median priced home. 229 42nd St was last sold on June 27, 2018 for $2,176,000. Local nearby listings include 8038 Stewart Ave, 8734 Wiley Post Ave and 6600 W 80th Pl. The average home in Manhattan Beach, CA is selling in 99 days. There are currently 95 homes for sale in the Manhattan Beach real estate market and 79 of them are single family homes while 1 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 229 42nd St Manhattan Beach, CA 90266 contact Ardent Real Estate Group and we will put you in touch with one of our Manhattan Beach agents.

Public Facts for 229 42nd St

Public county record property details

Beds: 4
Baths: 4
Year built: 1992
Sq. Ft.: 1,725
Lot Size: 1,347
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 33
APN: 4137-007-058

The source for these homes facts are from public records.

90266 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$4,449,000

Median List Price/Sq.Ft.

$1,510

Median Sold Price

$2,349,750

Median Sold Price/Sq.Ft.

$1,284

Total Inventory

Median Sale to List Price %

94.37%

Avg Days on Market

Loan Type

Conventional (30%), FHA (0%), VA (0%), Cash (40%), Other (30%)

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(714) 706-1823

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