NOT LISTED FOR SALE

3120 The Strand Manhattan Beach, CA 90266

Estimated Value: $4,714,000 - $12,301,044

5 Beds
4 Baths
4,200 Sq Ft
$2,026/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $11,500,000 $2,738 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $58,705/month

349 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Primary Bedroom Suite
  • Grand View Elementary School Rated A
  • Property has ocean access
  • Ocean Side of Highway 1

About This Home

As of August 2018

When will you have another opportunity to own a premium corner location along the Manhattan Beach Strand? Now is the time to take your corner of Manhattan's Gold Coast! Manhattan Strand properties that sit beside corner walkstreets do not come up very often, and when they do, it's time to take notice. Soak in views of the ocean, sand, strand, Catalina Island, and Santa Monica Mountains from every level of this custom built home. The design was geared towards maximizing views & natural light, but without being a boring square box on a lot. The exterior is reminiscent of the Greek isles. There are distinctive architectural features throughout this home that you must see to appreciate. This is truly an entertainers paradise. A special feature is a “grandfathered” roof-top deck (no longer allowed in the City) offering amazing 360 degree views. This home offers everything needed to live the Southern California lifestyle. Adjacent to restaurants, shopping, and more. Just minutes from Los Angeles International Airport.

Last Agent to Sell the Property

Kristen Novoa

Vista Sotheby’s International Realty License #01291929 Listed on: 08/13/2017

Vista Sotheby’s International Realty

Last Buyer's Agent

Jim Lisi

Ossia Real Estate License #01411669

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 3,488 Sq Ft Lot
  • Beach Front
  • Corner Lot

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • 1 Carport Space

Property Views

  • White Water Ocean
  • Panoramic

Interior Spaces

  • 4,200 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Home Office
  • Library with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 4 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Exterior Lighting

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 8
  • Assessor Parcel Number 4176026008

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

3,488 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4176026008
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4200.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Library, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2738.10
  • Room Type: Family Room, Formal Entry, Foyer, Library, Master Suite, Office, Separate Family Room

Exterior Features

  • View: Ocean, Panoramic, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3488.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2017
Closed on
Jul 30, 2018
Sold by
Stabile Gary D
Bought by
Schoeben Robert M and Schoeben Elizabeth D
Seller's Agent
Kristen Novoa
Vista Sotheby’s International Realty
Buyer's Agent
Jim Lisi
Ossia Real Estate
List Price
$13,500,000
Sold Price
$11,500,000
Premium/Discount to List
-$2,000,000
-14.81%
Current Estimated Value
$8,507,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,992,478
Avg. Annual Appreciation
-3.90%

Purchase Details

Closed on
Nov 19, 2014
Sold by
Stabile Gary D
Bought by
Stabile Gary D and The Gary D Stabile Living 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
4.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 15, 2013
Sold by
Stabile Gary D
Bought by
Stabile Gary D and The Gard D Stabile Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2013
Sold by
Stabile Gary D
Bought by
Stabile Gary D and The Gary D Stabile Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 13, 2011
Sold by
Stabile Gary D
Bought by
Stabile Gary D and Gary D Stabile Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Stabile Gary D
Bought by
Stabile Gary D and The Gary D Stabile Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,410,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1997
Sold by
Stabile Gary D
Bought by
Stabile Gary D and Stabile Denise Louise
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
Schoeben Robert M $11,500,000 Lawyers Title Company
Stabile Gary D -- Ortc
Stabile Gary D -- None Available
Stabile Gary D -- Ortc
Stabile Gary D -- Old Republic Title Company
Stabile Gary D -- Old Republic Title Company
Stabile Gary D -- Accommodation
Stabile Gary D -- Old Republic Title Company
Stabile Gary D -- Gateway Title Company
Stabile Gary D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stabile Gary D $1,000,000
Previous Owner Stabile Gary D $750,000
Previous Owner Stabile Gary D $3,200,000
Previous Owner Stabile Gary D $2,410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2018 08/06/18 Sold $11,500,000 -10.9% $2,738 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
01/27/2018 01/27/18 Price Changed $12,900,000 -4.4% $3,071 / Sq Ft
08/13/2017 08/13/17 For Sale $13,500,000 -- $3,214 / 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 $180,102 $16,343,660 $12,828,467 $3,515,193
2024 $180,102 $16,023,197 $12,576,929 $3,446,268
2023 $175,942 $15,709,018 $12,330,323 $3,378,695
2022 $148,601 $13,229,999 $12,088,552 $1,141,447
2021 $145,788 $12,970,588 $11,851,522 $1,119,066
2019 $129,862 $11,500,000 $10,750,000 $750,000
2018 $10,610 $836,632 $278,839 $557,793
2016 $9,933 $804,146 $268,012 $536,134
2015 $9,736 $792,068 $263,987 $528,081
2014 $9,605 $776,553 $258,816 $517,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17187123

California Regional Multiple Listing Service (CRMLS)

APN: 4176-026-008

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