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323 23rd St, Manhattan Beach, CA 90266
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323 23rd St Manhattan Beach, CA 90266

$3,460,000 Sold Price as of 12/27/2019
  • 5 Beds
  • 5 Baths
  • 3,118 Sq.Ft.
Sold
$3,460,000 Sold Price as of 12/27/2019 Refinance Your Mortgage
Map preview of 323 23rd St, Manhattan Beach, CA 90266

Property Overview: 323 23rd St Manhattan Beach, CA has 5 bedrooms, 5 bathrooms, 3,118 living square feet and 2,705 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Panoramic white water views in the heart of the Manhattan Beach Sand Section. Grandfathered roof top deck offers an exclusive viewing area of the Manhattan Beach Pier & Christmas Fireworks show. Prime sand section location with its proximity to downtown Manhattan Beach, shopping, restaurants, and award winning Grand View Elementary. 7 total Parking spaces + golf cart parking. Be the lucky one to live the true Manhattan Beach life style. 323 23rd Street consists of 1502 Sqft, 2 bedrooms, 2.5 bathrooms and features a roof deck with stunning panoramic and sunset views. 324 23rd Place is 3 Bed, 2 Bath, & 1616 Sqft with an oversized tandem garage. Treated as a duplex, each property is a Single Family home with its own separate address and APN. Investor opportunity to hold now, collect rental income, and build later. Bring your architect to take advantage of this full size ocean view lot.

Listed by Eric Kredatus | BRE #01957711 | Strand Hill Christies International Real Estate
Co-listed by Michael Alarcon | BRE #01956608 | Strand Hill Christies International Real Estate
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 259

Home details

Lot Sq. Ft
2,705
HOA Dues
$0/mo
Year built
1992
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB18242972
City
Manhattan Beach
County
Los Angeles
Time on Site
1374 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,150
  • Total Rent: $5,150
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $5,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $109,800
  • Net Operating Income: $68,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $41,400
  • New Taxes: $38,500
  • Trash: $0
  • Insurance: $2,000
  • Water/Sewer: $900

Property Details for 323 23rd St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: 0-1 Unit/Acre, Value In Land
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 4177017015
  • Year Built Source: Assessor
  • Property is not Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Marine, West of Alma, East of Highland
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Manhattan Beach Agent

Sale History for 323 23rd St

Last sold on September 15th, 2020

  • September, 2020

  • Sep 15, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2019

  • Dec 29, 2019

    Date

    Sold

    CRMLS: SB18242972

    $3,460,000

    Price

  • Sep 5, 2019

    Date

    Pending

    CRMLS: SB18242972

    $3,850,000

    Price

  • Jun 24, 2019

    Date

    Active Under Contract

    CRMLS: SB18242972

    $3,850,000

    Price

  • Oct 5, 2018

    Date

    Active

    CRMLS: SB18242972

    $3,850,000

    Price

  • December, 2019

  • Dec 29, 2019

    Date

    Sold

    CRMLS: SB18242753

    $3,460,000

    Price

  • Sep 5, 2019

    Date

    Pending

    CRMLS: SB18242753

    $3,850,000

    Price

  • Jun 24, 2019

    Date

    Active Under Contract

    CRMLS: SB18242753

    $3,850,000

    Price

  • Oct 5, 2018

    Date

    Active

    CRMLS: SB18242753

    $3,850,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2019

  • Dec 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,460,000

    Price

  • June, 2018

  • Jun 29, 2018

    Date

    Canceled

    CRMLS: SB17213603

    $3,850,000

    Price

  • Mar 21, 2018

    Date

    Active

    CRMLS: SB17213603

    $3,850,000

    Price

  • Mar 21, 2018

    Date

    Hold

    CRMLS: SB17213603

    $3,850,000

    Price

  • Jan 10, 2018

    Date

    Price Change

    CRMLS: SB17213603

    $3,850,000

    Price

  • Nov 17, 2017

    Date

    Active

    CRMLS: SB17213603

    $4,100,000

    Price

  • Nov 17, 2017

    Date

    Hold

    CRMLS: SB17213603

    $4,100,000

    Price

  • Sep 15, 2017

    Date

    Active

    CRMLS: SB17213603

    $4,100,000

    Price

  • Listing provided courtesy of CRMLS

    Two Single-family homes on a full lot (2 APN's) offer breathtaking views from Malibu to Palos Verdes. Prime sand section location with its proximity to downtown Manhattan Beach, shopping, restaurants, and award winning Grand View Elementary. It's a perfect hideaway from the bustling city for anyone in search of a cozy space to call home. Be the lucky one to live the true Manhattan Beach life style. Investor opportunity to hold now and build later. 323 23rd Street consists of 1502 Sqft. 2 bedrooms and 2.5 bathrooms featuring a grandfathered roof deck with stunning panoramic and sunset views of the Pacific. The master bath has a large glass shower completed with spa-like tub. 324 23rd Place has 1616 Sqft. of living area with an oversized tandem garage. This 3 bed 2 bath has a generous living room with large fireplace, updated flooring and lots of natural light.

  • June, 2018

  • Jun 29, 2018

    Date

    Canceled

    CRMLS: SB17213575

    $3,850,000

    Price

  • Mar 21, 2018

    Date

    Active

    CRMLS: SB17213575

    $3,850,000

    Price

  • Mar 21, 2018

    Date

    Hold

    CRMLS: SB17213575

    $3,850,000

    Price

  • Jan 10, 2018

    Date

    Price Change

    CRMLS: SB17213575

    $3,850,000

    Price

  • Nov 17, 2017

    Date

    Active

    CRMLS: SB17213575

    $4,100,000

    Price

  • Nov 17, 2017

    Date

    Hold

    CRMLS: SB17213575

    $4,100,000

    Price

  • Sep 15, 2017

    Date

    Active

    CRMLS: SB17213575

    $4,100,000

    Price

  • Listing provided courtesy of CRMLS

    Two Single-family homes on a full lot (2 APN's) offer breathtaking views from Malibu to Palos Verdes. Prime sand section location with its proximity to downtown Manhattan Beach, shopping, restaurants, and award winning Grand View Elementary. It's a perfect hideaway from the bustling city for anyone in search of a cozy space to call home. Be the lucky one to live the true Manhattan Beach life style. Investor opportunity to hold now and build later. 323 23rd Street consists of 1502 Sqft. 2 bedrooms and 2.5 bathrooms featuring a grandfathered roof deck with stunning panoramic and sunset views of the Pacific. The master bath has a large glass shower completed with spa-like tub. 324 23rd Place has 1616 Sqft. of living area with an oversized tandem garage. This 3 bed 2 bath has a generous living room with large fireplace, updated flooring and lots of natural light.

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Tax History for 323 23rd St

Assessed Value (2020): $1,720,000
Year Land Value Improved Value Assessed Value
2020 $1,620,000 $100,000 $1,720,000

Home Value Compared to the Market

This property vs the competition

323 23rd St sold on December 27, 2019 for 63.85% higher than the current median sold price for the city of Manhattan Beach which is $2,349,750. The median sold price per/sqft for Manhattan Beach is $1,284 and this home is sold at $1234.77 per/sqft which puts the price per square foot 3.83% lower than the current median sale per square foot for the city of Manhattan Beach.

About 323 23rd St

Detailed summary of property

323 23rd St is a multi family that recently sold in Manhattan Beach, CA 90266. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 3,118 living square feet, and sits on an approximately 2,705 square foot lot. 323 23rd St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $3,460,000. Home 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 63.85% higher than the current median priced home. Local homes that are currently for sale include 3766 S Canfield Ave, 5700 Clemson St and 3126 S Canfield Ave. While the average home in Manhattan Beach, CA is selling in 104 days, 323 23rd St has a days on market of 259 days. There are currently 92 homes for sale in the Manhattan Beach real estate market and 78 of them are single family homes while 0 of them are condos and 14 are townhomes. For more information on this home for sale at 323 23rd 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 323 23rd St

Public county record property details
Beds
2
Baths
3
Year built
1992
Sq. Ft.
1,502
Lot Size
1,353
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
4177-017-015

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
$4,295,000
Median List Price/Sq.Ft.
$1,492
Median Sold Price
$2,349,750
Median Sold Price/Sq.Ft.
$1,284
Total Inventory
92
Median Sale to List Price %
94.37%
Avg Days on Market
48
Loan Type
Conventional (30%), FHA (0%), VA (0%), Cash (40%), Other (30%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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