Seller's Agent in 2022
Kurt Rappaport
Westside Estate Agency Inc.
(310) 247-7770
1 in this area
100 Total Sales
1516 The Strand Manhattan Beach, CA 90266
Estimated Value: $8,147,000 - $16,396,890
4
Beds
3.5
Baths
4,953
Sq Ft
$2,478/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Wine Cellar
- Spa
- Grand View Elementary School Rated A
- Home Theater
- Maid or Guest Quarters
About This Home
As of July 2022A rare and unique opportunity to purchase a private custom built home by one of the most successful developers in the South Bay. The homes features almost 5,000 sf of luxury quality & high end finishes - no expense was spared. This magnificent Modern has 180 degree views from Malibu to Manhattan Beach Pier, just 4 blocks away.The master suite encompasses the entire front portion of the top floor w/ a spacious balcony, his/hers separate cabinets, huge master closet. 2 addtl spacious bedrooms share a large bath. The middle floor features entry way, powder room & great room w/ kitchen & family room & a beautiful glass fireplace. Custom made Koa furniture throughout. Bottom floor features a full bar made of exotic leopard wood w/ white marble counters. Large family & play room w/ fireplace & surround sound. Large bedroom w/ sitting area. Full laundry room & spacious bath to service bedroom. Huge all mahogany wine cellar. Private massage room. 3 stop elevator.
Last Agent to Sell the Property
Westside Estate Agency Inc. License #01036061 Listed on: 01/21/2022
Last Buyer's Agent
Westside Estate Agency Inc. License #01036061 Listed on: 01/21/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 2005
Lot Details
- 3,330 Sq Ft Lot
- Property is zoned MNRM
Parking
- 2 Car Garage
Property Views
- White Water Ocean
- Coastline
- Views of a pier
- Panoramic
- City Lights
Home Design
- Modern Architecture
Interior Spaces
- 4,953 Sq Ft Home
- 3-Story Property
- Built-In Features
- Entryway
- Wine Cellar
- Great Room
- Family Room
- Living Room with Fireplace
- Home Theater
- Den
- Home Gym
Kitchen
- Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Spa
- Fire Pit
Additional Features
- Solar Heating System
- Zoned Heating and Cooling
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4179-030-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2022
Closed on
Jun 16, 2022
Sold by
Robert G Salim Revocable Trust
Bought by
Manhattan Beach Trust and Barone
Seller's Agent
Kurt Rappaport
Westside Estate Agency Inc.
Buyer's Agent
Kurt Rappaport
Westside Estate Agency Inc.
List Price
$17,500,000
Sold Price
$16,200,000
Premium/Discount to List
-$1,300,000
-7.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,928,055
Avg. Annual Appreciation
-7.52%
Original Mortgage
$7,862,500
Outstanding Balance
$7,321,695
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$4,950,250
Purchase Details
Closed on
Oct 1, 2003
Sold by
Salim Robert G
Bought by
Salim Robert G and Robert G Salim Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 27, 2003
Sold by
Schlaifer Ronald S and The Lettie May Peterson Trust
Bought by
Salim Robert G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.05%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Manhattan Beach Trust | $15,725,000 | Usa National Title | |
| Salim Robert G | -- | -- | |
| Salim Robert G | $3,450,000 | Stewart Title Of Ca Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manhattan Beach Trust | $7,862,500 | |
| Previous Owner | Salim Robert G | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $16,200,000 | -7.4% | $3,271 / Sq Ft |
| 06/23/2022 06/23/22 | Pending | -- | -- | -- |
| 01/21/2022 01/21/22 | For Sale | $17,500,000 | 0.0% | $3,533 / Sq Ft |
| 12/24/2021 12/24/21 | Rented | $60,000 | +33.3% | -- |
| 05/19/2021 05/19/21 | For Rent | $45,000 | +50.0% | -- |
| 12/02/2019 12/02/19 | Rented | $30,000 | -33.3% | -- |
| 10/16/2019 10/16/19 | For Rent | $45,000 | +900.0% | -- |
| 02/13/2016 02/13/16 | Rented | $4,500 | 0.0% | -- |
| 06/04/2015 06/04/15 | For Rent | $4,500 | -- | -- |
Source: The MLS
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 |
|---|---|---|---|---|
| 2025 | $181,694 | $16,360,289 | $12,133,144 | $4,227,145 |
| 2024 | $181,694 | $16,039,500 | $11,895,240 | $4,144,260 |
| 2023 | $177,266 | $15,725,000 | $11,662,000 | $4,063,000 |
| 2022 | $80,735 | $7,036,220 | $4,704,469 | $2,331,751 |
| 2021 | $79,215 | $6,898,256 | $4,612,225 | $2,286,031 |
| 2019 | $77,147 | $6,694,432 | $4,475,425 | $2,219,007 |
| 2018 | $75,734 | $6,563,185 | $4,387,672 | $2,175,513 |
| 2016 | $71,359 | $6,307,582 | $4,217,295 | $2,090,287 |
| 2015 | $69,907 | $6,212,837 | $4,153,948 | $2,058,889 |
| 2014 | $68,907 | $6,091,137 | $4,072,578 | $2,018,559 |
Source: Public Records
Agents Affiliated with this Home
-
Kurt Rappaport
-
James Nasser
Seller Co-Listing Agent in 2022
James Nasser
Westside Estate Agency Inc.
(310) 351-9450
1 in this area
8 Total Sales
-
e
Buyer's Agent in 2021
erin lear
Beach Cities Real Estate
-
Rosanna Libertucci
Seller's Agent in 2019
Rosanna Libertucci
West Shores Realty, Inc.
(626) 862-5971
1 in this area
10 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2019
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
11 in this area
6,305 Total Sales
-
R
Seller's Agent in 2016
Robert Salim
Classic Beach Properties, Inc.
Map
Source: The MLS
MLS Number: 22-120742
APN: 4179-030-016
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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