NOT LISTED FOR SALE

3404 The Strand Manhattan Beach, CA 90266

Estimated Value: $4,922,000 - $9,014,447

8 Beds
8 Baths
5,568 Sq Ft
$1,251/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $11,211,525 $2,014 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $47,136/month

87 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Living Room with Fireplace
  • Grand View Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of June 2023

This one-of-a-kind, dual-residence beach-compound, sited on the sand of the world famous, Manhattan Beach Strand is decorated from dusk until dawn with unobstructed, emotional ocean views. Smartly configured with the entertainer in mind, the front, strand-facing, home consists of 4 bedrooms and 3.5 bathrooms, in ~3,500 SF. The main level is open-concept, connecting generously sized living and dining areas, a kitchen adorned with Thermador appliances, outdoor spaces, and office with built-ins. The lower level is a massive flex space which can function as a gym, family room with bar, or home theater, which opens directly to the beach. The upper home, in ~2,500 SF, is appointed with 4 bedrooms and 3.5 bathrooms. Amenities include: secured entry and cameras, large storage area, fire-pit, built-in grill, lush landscaping, wine fridges, automatic shades, Vantage lighting, Richard Marshall flooring, water purifier, heated floors, and garage parking for 6 cars with 2 spaces on the apron.

Last Agent to Sell the Property

Ben Belack

The Agency License #01900787 Listed on: 02/17/2023

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 3,507 Sq Ft Lot
  • Property is zoned MNRM

Parking

  • 4 Car Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,568 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Grill

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4175-028-017

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 5568
  • Lot Acreage: 0.0805
  • Stories: 3
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Gas Starter, Patio
  • Flooring: Mixed, Wood
  • Bedrooms: 8
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 8.00
  • Equipment: Barbeque, Built-Ins, Alarm System, Ceiling Fan, Dryer, Microwave, Freezer, Washer, Refrigerator, Range/Oven, Water Purifier
  • Price Per S Q F T: 2065.19

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: Catalina, Coastline, Ocean, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4175-028-017
  • Lot Size Area: 3507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
May 16, 2023
Sold by
Buzzyland Llc
Bought by
Broadway Usa Llc
Seller's Agent
Ben Belack
The Agency
List Price
$12,499,000
Sold Price
$11,211,525
Premium/Discount to List
-$1,287,475
-10.3%
Views
140
Current Estimated Value
$6,968,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,243,301
Avg. Annual Appreciation
-17.14%

Purchase Details

Closed on
Sep 23, 2012
Sold by
Nelson Todd A and Nelson Angela D
Bought by
Nelson Todd A and Nelson Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Bray Lani G and The Lgb Trust
Bought by
Nelson Todd and Nelson Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2008
Sold by
Antioco Iva
Bought by
Antioco Craig

Purchase Details

Closed on
Jun 1, 2007
Sold by
Bray Lani G
Bought by
The Lgb Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 1999
Sold by
Bray Lani G
Bought by
The Lgb Trust

Purchase Details

Closed on
May 22, 1998
Sold by
Guy John C Co Tr Guy Trust
Bought by
Bray Lani G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Broadway Usa Llc $11,212,000 Fidelity National Title
Nelson Todd A -- First American Title Company
Nelson Todd $5,300,000 Lawyers Title
Antioco Craig -- Lawyers Title Insurance
The Lgb Trust -- United Title Company S D
Bray Lani G -- United Title Company S D
The Lgb Trust -- North American Title Co
Bray Lani G -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Todd A $4,000,000
Previous Owner Nelson Todd $2,750,000
Previous Owner Bray Lani G $260,000
Previous Owner Bray Lani G $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $11,211,525 -2.5% $2,014 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $11,499,000 -8.0% $2,065 / Sq Ft
02/17/2023 02/17/23 For Sale $12,499,000 -- $2,245 / Sq Ft
Source: The MLS

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
2025 $128,814 $11,664,480 $10,207,920 $1,456,560
2024 $128,814 $11,435,765 $10,007,765 $1,428,000
2023 $78,623 $6,963,412 $5,569,918 $1,393,494
2022 $77,616 $6,826,875 $5,460,704 $1,366,171
2021 $76,195 $6,693,016 $5,353,632 $1,339,384
2020 $75,435 $6,624,389 $5,298,738 $1,325,651
2019 $74,105 $6,494,500 $5,194,842 $1,299,658
2018 $72,715 $6,367,158 $5,092,983 $1,274,175
2017 $71,269 $6,242,313 $4,993,121 $1,249,192
2016 $68,298 $6,119,916 $4,895,217 $1,224,699
2015 $66,110 $5,958,633 $4,821,687 $1,136,946
2014 $65,150 $5,841,912 $4,727,237 $1,114,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-241851

The MLS

APN: 4175-028-017