$2,993,500
●
House -
Off Market
469 28th Street
Manhattan Beach, CA 90266
4 Beds
4 Baths,
1
Half Bath
3,038 Ft²
$4,776,938
RealtyHop Estimate
46.98%
Since Jun 1, 2019
CA-Los Angeles
Primary Model
About This Property
Situated in the heart of the coveted Grandview sand section, this
stunning coastal contemporary home has it all. Ideal layout that
consists of 4 bedrooms, 5 bathrooms, an office, laundry room, and
over 3,000 square feet (btv) on two levels. This rare oversized
30x100 south facing lot sits up high on the street and allows for
tons of natural light throughout the day. The spacious living room
has French doors that open up to a massive entertaining deck with
an ocean peak and breezes all day long. A full remodel was recently
completed with top of the line finishes throughout including
Thermador appliances, marble counters, custom tile and fixtures in
all 5 bathrooms, central A/C, new flooring, paint, Lutron lighting
system and much more! Luxurious master suite features two walk in
closets, a fireplace, and huge master bath with dual sinks and a
new tub. Four car total parking is an added bonus in the sand
section with a 2 car garage and 2 additional spaces in the
driveway. Bullseye location within a short stroll to the beach,
downtown Manhattan restaurants, and award winning Grandview
elementary.
Unit Size
3,038 Ft²
Days on Market
64 days
Land Size
0.07 acres
Price per sqft
$1,070
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004
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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 #SB19062967)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2019 | Sold | ||
| Sold | |||
| Mar 21, 2019 | Listed by Palm Realty Boutique, Inc. | $3,250,000 | |
| Listed by Palm Realty Boutique, Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sand Section
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Andy McGuire, Palm Realty Boutique, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB19062967
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB19062967
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