$1,900,000
●
House -
Off Market
3805 Crest Drive
Manhattan Beach, CA 90266
3 Beds
3 Baths
1,904 Ft²
$2,907,357
RealtyHop Estimate
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model
About This Property
An epic location and incredible ocean views from Catalina to Malibu
are the focal points of this 3 bedroom, 3 bath single family home.
Its 1,904 square feet of sun-drenched living space offers
open living, kitchen, and dining areas on the top floor, and a
large balcony off the living room perfect for entertaining or
checking the surf. The private master suite features a
walk-in closet and a separate tub and shower in the spacious master
bath. Parking is abundant with a larger 2-car garage and 3
dedicated parking spaces leased from Chevron, plus one behind the
garage, totaling 6 parking spots at the beach! Comparable
properties have rented in the $7000-8500 per month range. Nestled
in the heart of the El Porto section of North Manhattan Beach, this
secured and gated home is short walking distance to the beach, one
of the top surf breaks in Southern California, and a wide array of
shops, restaurants, and fitness studios.
Unit Size
1,904 Ft²
Days on Market
117 days
Land Size
0.04 acres
Price per sqft
$1,048
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #SB19150131)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2019 | Sold | ||
| Sold | |||
| Jun 28, 2019 | Listed by Re/Max Estate Properties | $1,995,000 | |
| Listed by Re/Max Estate Properties | |||
Property Highlights
Parking Available
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Price/ft²
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Sold On
Sold On
HOA + Taxes
About Sand Section
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Darren Pujalet, Re/Max Estate Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB19150131
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB19150131
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