NOT LISTED FOR SALE

Estimated Value: $7,975,000 - $14,017,351

6 Beds
7 Baths
5,715 Sq Ft
$1,924/Sq Ft Est. Value

Sale Details

Date Sold: September 10, 2021

Last sale price $16,500,000 $2,887 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $76,317 / mo

185 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Primary Bedroom Suite
  • Grand View Elementary School Rated A
  • Home Theater
  • 4-minute walk to Bruce's Beach

About This Home

As of September 2021

Built in 2016 this stunning Coastal Contemporary home is the newest & finest property available on the precious Manhattan Beach Strand. This chic 5,715 sf abode is designed with a modern floor plan featuring amazing ocean views & outdoor areas, 6 bedrooms, 7 bathrooms, 3 car garage, dedicated home theater & more. The striking exterior consists of Durable Materials including Limestone, African Mahogany, Anodized Aluminum, Copper & Stainless Steel. The interior is warm yet sleek & modern w/Brazilian Cherry hardwood floors, stone, Fleetwood doors & glass throughout. The 1st floor features a large rec room & bar flexible for a variety of uses w/Fleetwood doors leading to a patio & direct Strand access. Also on the 1st floor is the dedicated media room, 2 br’s, 2 ba’s & laundry room. Up the staircase is the 2nd level, also accessible through the 3 car garage or entry courtyard. The full body & inviting kitchen/great room area is fit with Double kitchen island, elevated bar seating, premier appliances, walk-in pantry w/extra fridge, great room & balcony w/stunning views and built in BBQ. Up the glass enclosed staircase to the top 3rd floor is the luxurious master suite + 3 en-suite bedrooms & 2nd laundry room. The master suite features stunning views, private balcony, office, his & hers walk in closets & luxurious bathroom. Other features include: 5 AC zones, elevator, Crestron Home Automation w/Lutron Shades, Vantage Lighting System & Automated security w/8 cameras.

Last Agent to Sell the Property

Neil Chhabria

Chhabria Real Estate Company License #01821437 Listed on: 11/25/2020

Co-Listed By

Raju Chhabria

Chhabria Real Estate Company License #00874072

Last Buyer's Agent

Mike Rossi

Strand Hill Properties License #01089100

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 Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 3,503 Sq Ft Lot
  • Beach Front
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 5,715 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Home Theater
  • Game Room with Fireplace
  • Smart Home

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 6174
  • Assessor Parcel Number 4177027006

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

3,503 Sq Ft Lot

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4177027006
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5715.00 Square Feet
  • Interior Amenities: Balcony, Home Automation System
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room
  • Entry Level: 2
  • Fireplace Features: Family Room, Game Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2887.14
  • Room Type: Family Room, Home Theatre, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Media Room, Multi-Level Bedroom, Separate Family Room
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Vented Exhaust Fan
  • Heating Type: Zoned
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3503.00
  • Lot Size Acres: 0.0804

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3503.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 6174

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Alpine Strand Llc
Bought by
Current Estimated Value
$10,996,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$9,585,494
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,410,682

Purchase Details

Listed on
Apr 23, 2013
Closed on
Nov 8, 2013
Sold by
Schlatter Beatrice
Bought by
Schlatter John Paul
Seller's Agent
Denise Fast
Estate Properties
Buyer's Agent
RAJU CHHABRIA
List Price
$11,000,000
Sold Price
$8,700,000
Premium/Discount to List
-$2,300,000
-20.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$5,200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2013
Closed on
Sep 23, 2013
Sold by
618 Lincoln Avenue Llc
Bought by
Schlatter John Paul and Schlatter Beatrice
Seller's Agent
Denise Fast
Estate Properties
Buyer's Agent
RAJU CHHABRIA
List Price
$11,000,000
Sold Price
$8,700,000
Premium/Discount to List
-$2,300,000
-20.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2011
Sold by
Stephen Richard J
Bought by
618 Lincoln West Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2005
Sold by
Stephen Richard
Bought by
Stephen Richard J and Stephen Martha J

Purchase Details

Closed on
Jan 25, 2000
Sold by
Butterworth Eugene
Bought by
Stephen Richard and Stephen Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,990,000
Interest Rate
8.38%

Purchase Details

Closed on
Jul 27, 1993
Sold by
Butterworth Eugene
Bought by
Butterworth Eugene and Butterworth Mary Louise
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Manhattan Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$16,500,000 Endpoint Title
Schlatter John Paul -- Progressive
Schlatter John Paul $8,700,000 Progressive
618 Lincoln West Avenue Llc -- Accommodation
Stephen Richard J -- --
Stephen Richard $2,340,000 Southland Title Corporation
Butterworth Eugene -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $10,000,000
Previous Owner Schlatter John Paul $5,200,000
Previous Owner 618 Lincoln West Avenue Llc $2,500,000
Previous Owner Stephen Richard $2,990,000
Closed Stephen Richard $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $16,500,000 0.0% $2,887 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
04/22/2021 04/22/21 Off Market $16,500,000 -- --
02/10/2021 02/10/21 Price Changed $16,500,000 -5.7% $2,887 / Sq Ft
11/25/2020 11/25/20 For Sale $17,500,000 -- $3,062 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $191,232 $17,509,932 $14,326,308 $3,183,624
2025 $191,232 $17,166,600 $14,045,400 $3,121,200
2024 $189,011 $16,830,000 $13,770,000 $3,060,000
2023 $184,658 $16,500,000 $13,500,000 $3,000,000
2022 $185,365 $16,500,000 $13,500,000 $3,000,000
2021 $102,423 $9,065,607 $6,022,832 $3,042,775
2020 $145,164 $12,895,785 $5,961,076 $6,934,709
2019 $108,121 $9,560,580 $5,714,370 $3,846,210
2018 $106,126 $9,373,119 $5,602,324 $3,770,795
2016 $99,628 $9,009,151 $5,384,780 $3,624,371
2015 $97,580 $8,873,826 $5,303,896 $3,569,930
2014 $96,126 $8,700,000 $5,200,000 $3,500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20237016

California Regional Multiple Listing Service (CRMLS)

APN: 4177-027-006

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