Attention Developers, Investors, Owner Users, and 1031 Exchange Buyers. Don’t miss out on this rare opportunity to acquire a 7,000 square foot lot located in Manhattan Beach. For the investor, the property currently offers four large units totaling 4,500 square feet comprised of one 3 bedroom / 3 bathroom unit, two 2 bedroom / 2 bath units and one 2 bedroom / one bath unit. For builder, there are already two sets of plans; first set to build three large townhome units totaling approximately 3,000 square feet each; or the another set of plans would build four townhomes totaling approximately 1,800 to 1,9000 square feet each. An identical parcel is adjacent and available for sale creating the opportunity to combine both sites and develop a larger townhome property on over 14000 square feet of available space.
Property Details
Property Features
Property Information:
Year Built: 1966
Stories: 2
Listing Office:
Office Name: RE/MAX Estate Properties
Office Phone: (310) 686-5040
Listing Agent: Jim Ghannadi
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Other
Directions Information:
Directions: 12th street and Peck
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
Tax Information:
Annual Amount: $33,292
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Manhattan Beach, CA.
This property is $525K more than the Median Sold Price in Manhattan Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PV24224581
Listing Office:
Office Name: RE/MAX Estate Properties
Office Phone: (310) 686-5040
Listing Agent: Jim Ghannadi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 07, 2018
Aug 07, 2018Home Sold
$2,800,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$33,292
$2,885,587
2020
$32,402
$2,856,000
2019
$6,732
$2,800,000
2018
$6,396
$507,400
2017
$6,396
$497,452
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Meadows Elementary School
1200 N Meadows Ave
Distance between this listing and this school0.19 miles
Public District Grades KG-5
9
/10
Pennekamp Elementary School
110 S Rowell Ave
Distance between this listing and this school0.64 miles
Public District Grades KG-5
9
/10
Pacific Elementary School
1200 Pacific Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-5
Nearby Schools
9
/10
Manhattan Beach Middle School
1501 N Redondo Ave
Distance between this listing and this school0.27 miles
Public District Grades 6-8
9
/10
Richard Henry Dana Middle School
5504 W 135th St
Distance between this listing and this school1.58 miles
Public District Grades 6-8
9
/10
Hermosa Valley School
1645 Valley Dr
Distance between this listing and this school1.59 miles
Public District Grades 5-8
Nearby Schools
9
/10
Mira Costa High School
1401 Artesia Blvd
Distance between this listing and this school0.92 miles
Public District Grades 9-12
4
/10
Centinela Valley Independent Study
4951 Marine Ave
Distance between this listing and this school1.34 miles
Public District Grades 9-12
2
/10
R. K. Lloyde High School
4951 Marine Ave
Distance between this listing and this school1.34 miles
The neighbors living near this home have an average income of $112,231. The most common annual income of people living in Manhattan Beach, CA is between $100k-200k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 1450 12th St in Manhattan Beach, CA and zip code 90266 in the Manhattan Beach Village / Library Village neighborhood. This home, which was built in 1966, sits on a 0.16 acre lot. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $3,500,000.
In October 2024 more than 7 listings in Manhattan Beach, CA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 28 were sold below. The number of homes for sale in Manhattan Beach, CA decreased by 1.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $2,975,000, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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