NOT LISTED FOR SALE

1904 The Strand Manhattan Beach, CA 90266

Estimated Value: $8,144,000 - $14,861,624

4 Beds
3.5 Baths
4,893 Sq Ft
$2,351/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2014

Last sale price $15,750,000 $3,219 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $77,892 / mo

58 Days on Market

Highlights

  • Ocean Front
  • Fireplace in Primary Bedroom
  • Zoned Cooling
  • Grand View Elementary School Rated A
  • No HOA

About This Home

As of November 2014

Quite possibly the finest home ever built on The Strand. Designed by Jack Warner AIA of The Warner Group and built with finesse by Nelson Daniels Construction using only the finest materials.

* Four Bedrooms & Three and a Half bathrooms in approx. 5000sf (btv)
* Built on three levels in 2006
* Three Bedrooms including the Master on the upper level
* Living Area & Open Kitchen on the street level.
* Sound Proofed, Fully Equipped Theater, 1400 bottle Wine Cellar, Bedroom/Bathroom, Office, Sauna/Steam Shower on the Lower Level.
* Stone floors reclaimed from a Chateau in France.
* Walnut Cabinetry - Bronze doors & windows - Radiant Heated floors and balconies
* Reverse Osmosis Water System - Fully Air Conditioned with five separate zones
* Four Car Garage including lift – Crestron Control System

Last Agent to Sell the Property

Ken Adam

Strand Hill Properties License #00910321 Listed on: 08/19/2014

Last Buyer's Agent

Bryn Stroyke

Bayside License #00855690

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 3,324 Sq Ft Lot
  • Ocean Front

Parking

  • 4 Car Garage

Interior Spaces

  • 4,893 Sq Ft Home
  • Family Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Additional Features

  • Urban Location
  • Zoned Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 4178009012

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

3,324 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4178009012
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4893.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 3218.88
  • Room Type: Master Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 3324.00
  • Lot Size Acres: 0.0760

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3324.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Sep 19, 2014
Sold by
Lippman David
Bought by
Lbm Trust
Seller's Agent
Ken Adam
Strand Hill Properties
Buyer's Agent
Bryn Stroyke
Bayside
List Price
$16,000,000
Sold Price
$15,750,000
Premium/Discount to List
-$250,000
-1.56%
Current Estimated Value
$11,502,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,247,188
Avg. Annual Appreciation
-2.70%
Original Mortgage
$1,100,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 11, 2011
Sold by
Hamalainen Pasi Matti and Pasi Hamalainen 2004 Revocable
Bought by
Hamalainen Pasi Matti and Pasi Hamalainen 2004 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
$4,500,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2007
Sold by
Hamalainen Pasi
Bought by
Hamalainen Pasi and Pasi Hamalainen 2004 Revocable Trust

Purchase Details

Closed on
Jul 3, 2003
Sold by
Lewis Gib Frederick and The Mayvis A Lewis Trust
Bought by
Hamalainen Pasi
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
Lbm Trust $15,335,000 Orange Coast Title
Hamalainen Pasi Matti -- Equity Title Los Angeles
Hamalainen Pasi -- None Available
Hamalainen Pasi $3,600,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lbm Trust $1,100,000
Previous Owner Hamalainen Pasi Matti $4,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2014 11/18/14 Sold $15,750,000 -1.6% $3,219 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $16,000,000 -- $3,270 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $202,879 $18,430,371 $13,821,279 $4,609,092
2024 $202,879 $18,068,992 $13,550,274 $4,518,718
2023 $197,867 $17,714,699 $13,284,583 $4,430,116
2022 $194,394 $17,367,352 $13,024,101 $4,343,251
2021 $190,570 $17,026,817 $12,768,727 $4,258,090
2019 $185,372 $16,521,794 $12,390,000 $4,131,794
2018 $181,899 $16,197,838 $12,147,059 $4,050,779
2016 $170,755 $15,568,858 $11,675,375 $3,893,483
2015 $167,184 $15,335,000 $11,500,000 $3,835,000
2014 $117,723 $10,734,200 $3,408,900 $7,325,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14180327

California Regional Multiple Listing Service (CRMLS)

APN: 4178-009-012

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