116 16th St

Manhattan Beach, CA 90266

$4,625,000
Last Sold Price
3
Beds
2
Baths
1,252 Sq. Ft.
$3,694 / Sq. Ft.
1,252
Sq. Ft.
$3,694
per Sq. Ft.
Sold 4/8/20
Sold 4/8/20

Description

Location, location, location! Don't miss this walk street to alley duplex three doors from the sand! Tear down and build your dream home or high-end income property on one of the most desirable streets in Manhattan Beach's sand section. 116 16th Street, owner's unit, is a 2+1 cottage built in 1912 that is in very poor, not habitable condition. 115 15th Place is a separate building with a 1+1 tenant occupied apartment built over a two-car garage. The lot is zoned MNRM. Trust Sale.Location, location, location! Don't miss this walk street to alley duplex three doors from the sand! Tear down and build your dream home or high-end income property on one of the most desirable streets in Manhattan Beach's sand section. 116 16th Street, owner's unit, is a 2+1 cottage built in 1912 that is in very poor, not habitable condition. 115 15th Place is a separate building with a 1+1 tenant occupied apartment built over a two-car garage. The lot is zoned MNRM. Trust Sale.
  1. Listed by Rachelle Rosten • DRE #01255977 • Brokerage DRE #01883938 • Douglas Elliman

Property Details for 116 16th Street

Zoning
MNRM
Parcel Number
4179030013
Total Units
2.0
Living Area
1252
Source Living Area
Assessor
Area
Manhattan Beach Sand (142)
Vacancy Rate
50%
Lot Size Area
2699
LISTING UPDATED: 04/09/2020 09:01 AM

Property Details for 116 16th Street

StatusSold
MLS #20-564060
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.06 AC / 2,699 SF
CountyLos Angeles County

Location

Listing Courtesy of Douglas Elliman, Rachelle Rosten, DRE #01255977

Sold By Douglas Elliman, Kelly deLaat, DRE #01249748

Add your commute

Building Information for 116 16th Street

Stories2Residences-Year Built1961Building Size-Lot Size0.06 AC / 2,699 SF

Payment Calculator

$27,299 per month

30 year fixed, 6.15% Interest

Principal and Interest

$22,541

Property Taxes

$4,758

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 16th Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • Property Condition: Repair Cosmetic, Repairs Major, Tear Down, Value Mainly In Land
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is, Trust/Conservatorship
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $28,500
  • Net Operating Income: $12,999.45
  • Gross Income: $28,500
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 15500.55
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Size Square Feet: 2699
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2
  • Covered Parking: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Laundry: Garage
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-17-2020
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,375.00
  • Unit Actual Rent: $2,375.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $78,745.00
  • Assessed Land Value: $420,042.00

Property History for 116 16th Street

DateEvent & SourcePriceAppreciation
Apr 8, 2020

Sold

CRMLS #20564060

$4,625,000—
Apr 8, 2020

Sold

CLAW #20-564060

$4,625,000—
Mar 27, 2020

Pending

CRMLS #20564060

—
Mar 27, 2020

Pending

CLAW #20-564060

—
Mar 17, 2020

Listed (Active)

CRMLS #20564060

$4,500,000—
Mar 17, 2020

Listed (Active)

CLAW #20-564060

$4,500,000—
DateEvent & SourcePrice
04/08/2020

Sold

CRMLS #20564060

$4,625,000
04/08/2020

Sold

CLAW #20-564060

$4,625,000
03/27/2020

Pending

CRMLS #20564060

—
03/27/2020

Pending

CLAW #20-564060

—
03/17/2020

Listed (Active)

CRMLS #20564060

$4,500,000
03/17/2020

Listed (Active)

CLAW #20-564060

$4,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 16th Street

Taxable ValueLand$5,003,428Additions$54,681Total$5,058,109
Tax Record2025$57,095 ($4,758 / month)
Home Facts
Total Finished SqFt1,252 SqFtAbove Grade Finished SqFt1,252 SqFtLot Size2,699 SqFtStyleDuplexYear Built1961ZoningMNRMCountyLOS ANGELESAPN4179-030-013

Schools near 116 16th Street

This home is within Manhattan Beach Unified School District.
Rating
School
Type
Grades
Distance
Grand View Elementary School
Public - K to 5
Manhattan Beach Middle School
Public - 6 to 8
Mira Costa High School
Public - 9 to 12
American Martyrs School
Private - K to 8
Rating
School
Distance
Grand View Elementary School
PublicK to 5

Manhattan Beach Middle School
Public6 to 8

Mira Costa High School
Public9 to 12

American Martyrs School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman, Rachelle Rosten, DRE #01255977

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.