NOT LISTED FOR SALE

Estimated Value: $7,350,666

5 Beds
6 Baths
4,014 Sq Ft
$1,831/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $6,589,478 $1,642 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $45,788/month

12 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Main Floor Bedroom
  • Opal Robinson Elementary School Rated A
  • Wood Flooring
  • Mediterranean Architecture

About This Home

As of April 2020

This property is being offered as an assembled parcel with 120 6th Street (MLS # SB20031178) CLICK VIRTUAL TOUR ICON ABOVE
A true once in a lifetime opportunity to acquire a double walkstreet lot in the 100 block of the South MB walk streets on which a spectacular legacy estate can be created. The combined offering creates the possibility of assembling a 60' wide parcel on Manhattan Beach's most quintessential walk street. Offering incredible views of the iconic MB Pier & Malibu to the north and PV & Catalina to the south, it also enjoys direct access to the one of the best stretches of white sand beach in California. Located w/in perfect proximity to the shops, restaurants & nightlife in downtown Manhattan Beach. Its realistically hard to improve on the lifestyle this location offers. The conceptual plan in the listing pictures is a 5,000+ SF main home (3 stories above a full basement) on the 124 6th Lot & a 1,000 SF guest house on the lower (120 6th Street) property which also features a salt water pool and outdoor kitchen. The main house in the renderings has shovel ready plans approved by the City of MB. While the true value of these parcels will ultimately be maximized and realized by creating a compound on a lot almost double the size of the adjacent (33' x 100') Strand lots, the existing house is very livable while planning a new compound. Original finishes, built in 1990 and the views from the existing structure are as good as they get. Price is for both properties

Last Agent to Sell the Property

Dennis Moloney

Strand Hill Properties License #00808394 Listed on: 02/12/2020

Last Buyer's Agent

Jennifer Caras

Vista Sotheby’s International Realty License #01466213

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 2,706 Sq Ft Lot
  • Lot Dimensions are 30' x 90'
  • Ocean Front
  • Block Wall Fence
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot
  • Front Yard
  • Property is zoned MNRM

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Panoramic

Home Design

  • Mediterranean Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Frame Construction
  • Composition Roof
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 4,014 Sq Ft Home
  • 3-Story Property
  • Elevator
  • High Ceiling
  • Recessed Lighting
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Range
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 6 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Living Room Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Robinson Elementary School
  • Manhattan Beach Middle School
  • Mira Costa High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 14 / 6
  • Tax Tract Number 1
  • Assessor Parcel Number 4180026014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: Dennis
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: MNRM
  • Architectural Style: Mediterranean
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4180026014
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4014.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Copper Plumbing Full, Elevator, Granite Counters, High Ceilings, Living Room Balcony, Recessed Lighting, Tile Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room, Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1641.62
  • Room Type: Bonus Room, Entry, Family Room, Kitchen, Main Floor Bedroom
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Coastline, Ocean, Panoramic, Pier, Water, White Water
  • Fence: Yes
  • Fencing: Average Condition, Block
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Electric: Standard
  • Heating Type: Central, Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports, Sidewalks

Schools

  • Elementary School: Robinson
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: ROBINS
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Level, Walkstreet
  • Lot Size: 30' x 90'
  • Lot Size Sq Ft: 2706.00
  • Lot Size Acres: 0.0621

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2706.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 6209.04
  • Tax Lot: 14
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Mce Trust and Sharp Christopher
Bought by
Lamb Sharp Revocable Trust and Sharp
Current Estimated Value
$7,350,666

Purchase Details

Closed on
May 13, 2019
Sold by
Simmons Community Property Trust
Bought by
James Frederick Simmons Trust

Purchase Details

Closed on
Sep 17, 2003
Sold by
Liberman Mark S and Liberman Karen S
Bought by
Simmons James F and Mohan Olga E

Purchase Details

Closed on
Mar 16, 2002
Sold by
Liberman Mark S and Liberman Karen S
Bought by
Liberman Mark S and Liberman Karen S

Purchase Details

Closed on
Dec 20, 2001
Sold by
Liberman Mark S and Liberman Karen S
Bought by
Liberman Mark S and Liberman Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,000
Interest Rate
6%

Purchase Details

Closed on
Nov 27, 2001
Sold by
Liberman Mark S and Liberman Karen S
Bought by
Liberman Mark S and Liberman Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,000
Interest Rate
6%

Purchase Details

Closed on
Nov 22, 1995
Sold by
Altamura John and Altamura Kathleen
Bought by
Liberman Mark S and Liberman Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
7.51%

Purchase Details

Closed on
Jun 13, 1994
Sold by
Altamura John and Altamura Kathleen D
Bought by
Altamura John and Altamura Kathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lamb Sharp Revocable Trust -- --
James Frederick Simmons Trust -- None Available
Simmons James F $3,315,000 Lawyers Title
Liberman Mark S -- --
Liberman Mark S -- --
Liberman Mark S -- --
Liberman Mark S $1,400,000 Pacific Title Guaranty Compa
Altamura John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liberman Mark S $802,000
Previous Owner Liberman Mark S $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $6,589,478 -48.1% $1,642 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $12,695,000 -- $3,163 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $77,706 $6,926,715 $6,307,071 $619,644
2022 $76,414 $6,790,898 $6,183,403 $607,495
2021 $74,943 $6,657,744 $6,062,160 $595,584
2020 $48,735 $4,309,665 $3,640,143 $669,522
2019 $47,858 $4,225,163 $3,568,768 $656,395
2018 $46,932 $4,142,318 $3,498,793 $643,525
2016 $43,872 $3,981,469 $3,362,932 $618,537
2015 $42,958 $3,921,664 $3,312,418 $609,246
2014 $42,334 $3,844,845 $3,247,533 $597,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20031166

California Regional Multiple Listing Service (CRMLS)

APN: 4180-026-014