Zillow Advice RSS: Question-Discussion-Guide,All Real Estate Advice Topics,Manhattan Beach- CA

how come you never show the front of the house? you always show the back of the house.

Thu, 26 Nov 2009 06:52:00 GMT

0 replies

is 427 19th st. still for sale? please let me know 213-999-6606

Sat, 26 Sep 2009 01:47:00 GMT

1 reply

what did the bank pay for the price of the house?

Tue, 20 Oct 2009 02:29:00 GMT

3 replies

is this property at 805 crest drive in mb still for sale? need more info. 213-999-6606

Fri, 25 Sep 2009 22:53:00 GMT

1 reply

(Moved): What is the value of my house at 1336 Voorhees Ave, Manhattan Beach, Ca 90266

Mon, 19 Oct 2009 19:03:00 GMT

This discussion has been moved to the following location: http://www.zillow.com/advice-thread/What-is-the-value-of-my-house-at-1336-Voorhees-Ave-Manhattan-Beach-Ca-90266/289442/

0 replies

What is the value of my house at 1336 Voorhees Ave, Manhattan Beach, Ca 90266

Sun, 18 Oct 2009 19:11:00 GMT

1 reply

what is the status of this property? for sale? what's the address? is there a view?

Fri, 25 Sep 2009 22:19:00 GMT

1 reply

How can I contact the seller?

Thu, 10 Sep 2009 14:41:00 GMT

1 reply

617 6th St Manhattan Beach, CA

Sun, 26 Oct 2008 17:11:00 GMT

Is the house being sold as is or will the house contruction be completed? Was this being built as a spec house?

1 reply

What is the Property Tax Rate for Mahattan Beach, California?

Sat, 30 May 2009 16:47:00 GMT

1 reply

how do I remove the pictures form theis website as property is all new now

Fri, 28 Aug 2009 19:32:00 GMT

2 replies

Who is the listing agent for this propeorty? Any info?

Sat, 13 Jun 2009 00:48:00 GMT

1 reply

Time Value of Money part 1

Sat, 16 May 2009 08:45:00 GMT

I recently got a call from a client/ developer who was upset because he spent $1.4 million on abeautiful house that is now worth about $1 million. The property is currently rented and earning $4,500 per month. This is a client with a lot of cash and generally doesn't require many loans. He asked me for advice and I told him the following:
"I don't recommend you even think about the costs that went into the property. That is a completely sunk cost which should have no bearing on future decisions. Instead, the ONLY question you should ask your self should be, 'can I get a better return on the $1 if I take it out of this property and put it into something else?" I would argue that the answer is most definitely"YES"; you can get better returns by taking your money out of Westlawn and putting it into a higher growth investment."
Option 1: assume you buy current property for $1 million, rent increases at 3.15% per year, sell the property at the end of year 5 for $1.4. Rent is already known at $54,000 per year. Cash would look like:
3.15%RentIncreaseyr 0($1,000,000)Purchyr 1$54,000Rentyr 2$55,701Rentyr 3$57,456Rentyr 4$59,265Rentyr 5$1,461,132Rent + Saler10%annualNPV$78,199(note NPV is less than purchase price)IRR12Êsh $687,554after end of year 5
Option 2: assume you buy about 10 horrible, run-down, fixer-upper properties in a very bad part of town. Assume each property costs about $70k and each property requires about $10k in improvements. Assume it takes 1 or 2 months to complete the 'lipstick' improvements (generally trash, patch, paint, carpert, and floors, some fixtures, and landscape).
mo 0($70,000)Purchmo 1($10,000)Improvementsmo 2$0mo 3$175,000Saler 0.83%monthlyNPV$90,029(note NPV higher than purchase price)IRR31Êsh$95,000after end of month 3Cash$380,000after end of year 1Cash$760,000after end of year 2All assuming you only do one project at a time, if you do 2 or more, then the model needs adjusting

1 reply

Please remove 1825 Oak Avenue, Manhattan Beach California 90266 from your list of homes for sale.

Fri, 27 Mar 2009 17:21:00 GMT

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Another agent has listed my listing on zillow. Please remove it.

Fri, 20 Mar 2009 01:42:00 GMT

Another agent has listed my listing on zillow. Please remove it.Carol Gilles has listed it as "Manhattan Bch, Manhattan Beach" The address is 3100 Alma Ave, Manhattan Beach. Her listing is not accurate and the owners are not happy. Thank you.

1 reply

Carol Gilles

Thu, 19 Mar 2009 19:34:00 GMT

Carol Gilles is claiming one of our listings is her's. She has is listed as Manhattan Bch, Manhattan Beach. The address is 3100 Alma Ave, Manhattan Beach. We already have a zillow listing for this property. We would like to have it removed. We also noticed that most of the listings she is claiming aren't even her's.

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328 Marine Ave, Manhattan Beach

Mon, 02 Mar 2009 14:36:00 GMT

I'm the listing agent for 328 Marine Ave in Manhattan Beach, CA. Our client would like to take the hot tub photo out of her zillow listing. Is there any way to get that deleted?

1 reply

THe house info you show is 100% incorrect...who or how can it be fixed?

Wed, 04 Feb 2009 16:30:00 GMT

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Please correct name of school district

Sat, 13 Sep 2008 06:35:00 GMT

The school district for this house and the entire city is Manhattan Beach Unified School District. Pleasanton district is in Northern California.

0 replies

1130

Sat, 12 Jan 2008 01:30:00 GMT

How do you like it?

3 replies