3216 Manhattan Ave Manhattan Beach, CA 90266

$5,000,000 Sold Price as of 03/02/2018

8 Beds
4 Baths
4,144 Sq.Ft.

Off Market

$5,000,000 Sold Price as of 03/02/2018 Refinance Your Mortgage

Map preview of 3216 Manhattan Ave, Manhattan Beach, CA 90266

Property Overview: 3216 Manhattan Ave Manhattan Beach, CA has 8 bedrooms, 4 bathrooms, 4,144 living square feet and 3,497 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3216 Manhattan Ave 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 $3,999,999. The median price per/sqft for Manhattan Beach is $1,369. 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 $800,000 for the down payment and will need roughly $80,000 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 $152,500. 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 3216 Manhattan Ave

Last sold for $5,000,000 on March 2nd, 2018

June, 2021
Jun 26, 2021

Date

Canceled

CRMLS: 21727318

$6,400,000

Price
Jun 2, 2021

Date

Price Change

CRMLS: 21727318

$6,400,000

Price
May 4, 2021

Date

Active

CRMLS: 21727318

$6,600,000

Price
Listing provided courtesy of CRMLS

$200,000 Price Improvement!! Current Bank of America debt quotes on this deal make it cash flow on day 1 owner/user or not! Can achieve 10 year IO with rates in the high 2%- low 3% range - 30 year term fixed rate. Prime Manhattan Beach location. All four units have ocean views and three bedroom unit has a tremendous rooftop deck. Overparked building one block from the beach! Room to add value into this deal - two of the units haven't been touched.

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January, 2019
Jan 8, 2019

Date

Canceled

CRMLS: SB18221113

$5,500,000

Price
Sep 11, 2018

Date

Active

CRMLS: SB18221113

$5,500,000

Price
Listing provided courtesy of CRMLS

3214-3216 Manhattan Ave is a highly sought-after 4-unit building located a block from the beach. The building boasts a large living area consisting of 4,191 square feet (BOMA). There is an additional 401.9 square feet of residential common area space (building storage, laundry room, and stairs), as well as 1,624 square feet of enclosed garage space and 949 square feet of balconies and decks (BOMA). The unit mix consists of (1) 3-bed/2-bath unit and (3) 2-bed/ 2-bath units. The building features 9 garages (totaling 1,624), 1,000 square feet of private balcony space, and big ocean views from the second and third floor! There is an Immediate development opportunity to build (2) $5M townhomes with a maximum floor area of 5,945.64 square feet (buyer to verify).

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March, 2018
Mar 2, 2018

Date

Sold

CRMLS: PW17256787

$5,000,000

Price
Feb 8, 2018

Date

Pending

CRMLS: PW17256787

$5,500,000

Price
Jan 26, 2018

Date

Active Under Contract

CRMLS: PW17256787

$5,500,000

Price
Nov 14, 2017

Date

Active

CRMLS: PW17256787

$5,500,000

Price
Listing provided courtesy of CRMLS

Location! Location! Location! Don't miss out on this rare opportunity to own a highly desirable residential four plex with a potential rental income of $15,000/month located directly across the street from one of the most beautiful beaches on the west coast. Manhattan Beach is a laid-back South Bay community popular with families & outdoor enthusiasts & is home to fashionably chic shopping, cafes, pubs, creative upscale eateries.

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March, 2018
Mar 2, 2018

Date

Sold (Public Records)

Public Records

$5,000,000

Price
March, 2018
Mar 2, 2018

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 3216 Manhattan Ave

Assessed Value (2020): $5,202,000

Year	Land Value	Improved Value	Assessed Value
2020	$5,097,960	$104,040	$5,202,000

About 3216 Manhattan Ave

Detailed summary of property

3216 Manhattan Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Manhattan Beach, CA 90266 and last sold on March 2, 2018 for $5,000,000. This property has 8 bedrooms, 4 bathrooms, roughly 4,144 living square feet, and sits on an approximately 3,497 square foot lot. Homes in Manhattan Beach are selling for a median price of $3,050,000 and a median price per square foot of $1,257. Based on Ardent Real Estate Group's Manhattan Beach Market Data, this home is sold 63.93% higher than the current median priced home. 3216 Manhattan Ave was last sold on March 2, 2018 for $5,000,000. Local nearby listings include 7556 W 80th St, 8017 Belton Dr and 8418 Vicksburg Ave. The average home in Manhattan Beach, CA is selling in 90 days. There are currently 119 homes for sale in the Manhattan Beach real estate market and 103 of them are single family homes while 2 of them are condos and 14 are townhomes. If you are the homeowner and looking to sell the home at 3216 Manhattan Ave 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 3216 Manhattan Ave

Public county record property details

Beds: 8
Baths: 4
Year built: 1973
Sq. Ft.: 4,144
Lot Size: 3,497
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 7
APN: 4175-021-009

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

$3,999,999

Median List Price/Sq.Ft.

$1,369

Median Sold Price

$3,250,000

Median Sold Price/Sq.Ft.

$1,257

Total Inventory

119

Median Sale to List Price %

90.3%

Avg Days on Market

Loan Type

Conventional (42.11%), FHA (0%), VA (0%), Cash (26.32%), Other (26.32%)

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(714) 706-1823

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