NOT LISTED FOR SALE

Estimated Value: $7,880,000 - $10,090,966

4 Beds
6 Baths
6,227 Sq Ft
$1,472/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $9,375,000 $1,506 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $50,753/month

25 Days on Market

Highlights

  • White Water Ocean Views
  • Roof Top Spa
  • Primary Bedroom Suite
  • Grand View Elementary School Rated A
  • Fishing
  • 1-minute walk to Bruce's Beach

About This Home

As of October 2024

When one endeavors to build a special custom home it starts with an excellent location. 401 27th Street, MB fits the bill, sitting on the crest of 27th St and Alma on an oversized, north corner. This special plot allowed the family to assemble a dream team to design and meticulously build their iconic home, reverently referred to as "Cloudbreak". Combining exceptional design talent (Jon Starr), with precision, quality building (Dan Bronner) and no budget restrictions, they were able to create incredibly special living spaces that allow privacy, tranquility and massive ocean views. Cloudbreak is a coastal oasis with an unheard of 6,227sf of open living space above ground, including 4 bedrooms and a kids family room that could easily be a 5th bedroom. Upon entering through the mahogany outer gate, one steps into a stone courtyard sanctuary, centered around a majestic 25' tall Laurel tree that welcomes you to the heart and soul of the home. The ground level open entry is designed with massive 9’ floor to ceiling wood sliding pocket doors that open into seamless indoor/outdoor living spaces. Also, rare, is the brilliant layout placing the main living areas on the ground level. A unique feature that benefits from having ocean views from all levels. From its dramatic great room with its 20’ Douglas Fir ceilings, well-appointed gourmet kitchen, expansive island, dining area, 6 zoned AC and second family room with an elevated ocean view stone patio to the west, perfect for entertaining with its fire pit or BBQs. The second floor has rich built-in library shelves, cabinets, a fireplace, enough room for a billiard table and a beautiful office with sliding mahogany & glass doors. The east area of the second floor, one finds 3 large bedrooms, two baths & a spacious kids family room that could very easily be converted into a fifth bedroom suite. The top floor offers a world-class ocean view living area and a bar purposely designed for entertaining that flows seamlessly to the spacious indoor/outdoor entertaining haven with a fireplace, spa tub, BBQ and seating area with unblock-able ocean views from Palos Verdes, past Catalina Island all the way to Malibu and beyond. Going east on the top floor, one finds the luxurious, private primary suite, which is a virtual paradise with a custom stone, tiled spa-like primary bathroom, walk-in closet & a 400sf stone deck along its southern flank. This timeless masterpiece awaits you. Shown by appointment only. www.Cloudbreakmb.com

Last Agent to Sell the Property

Robb Stroyke

Bayside Brokerage Phone: 310-938-6008 License #00940891 Listed on: 08/22/2024

Last Buyer's Agent

Robert Depaoli

Compass License #01918925

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 4,002 Sq Ft Lot
  • Property fronts an alley
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Irregular Lot
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRM

Parking

  • 3 Car Attached Garage
  • Level Lot

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Catalina
  • Panoramic
  • Neighborhood

Home Design

  • Custom Home
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Copper Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 6,227 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Utility Room
  • Laundry Room
  • Smart Home

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Eco-Friendly Details

  • Solar owned by seller
  • Solar Heating System

Pool

  • Roof Top Spa
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts For Spa
  • 220 Volts in Garage
  • Natural Gas Connected
  • Water Purifier

Listing and Financial Details

  • Tax Lot 207
  • Tax Tract Number 4861
  • Assessor Parcel Number 4176011013
  • $882 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Zoning: MNRM
  • Architectural Style: Contemporary, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4176011013
  • Year Built: 2002
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6227.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Cathedral Ceiling(s), Crown Molding, Granite Counters, Home Automation System, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Two Story Ceilings
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Library, Living Room, Outside, Gas, Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1505.54
  • Room Type: All Bedrooms Up, Bonus Room, Den, Entry, Family Room, Great Room, Jack & Jill, Kitchen, Laundry, Library, Living Room, Primary Suite, Office, Utility Room, Walk-In Closet
  • Spa Features: Private, Above Ground, Roof Top
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Bay, Catalina, Coastline, Neighborhood, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Stone
  • Pool Private: No
  • Roof: Copper
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Microwave, Range Hood, Refrigerator, Water Line to Refrigerator, Water Purifier
  • Electric: 220 Volts For Spa, 220 Volts in Garage, Photovoltaics Seller Owned
  • Heating Type: Central, Forced Air, Solar
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, 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: 0-1 Unit/Acre, Corner Lot, Front Yard, Landscaped, Level with Street, Irregular Lot, Up Slope from Street, Yard
  • Lot Size Sq Ft: 4002.00
  • Lot Size Acres: 0.0919

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4002.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6203.05
  • Tax Lot: 207
  • Tax Tract Number: 4861
  • TaxOtherAnnualAssessmentAmount: 882.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Sep 20, 2024
Sold by
Argue John and Argue Julie C
Bought by
Desai Amar Ashok and Desai Priya Sarin
Seller's Agent
Robb Stroyke
Bayside
Buyer's Agent
Robert Depaoli
Compass
List Price
$9,750,000
Sold Price
$9,375,000
Premium/Discount to List
-$375,000
-3.85%
Views
21
Current Estimated Value
$9,164,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$210,508
Avg. Annual Appreciation
-1.84%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Argue John M and Argue Julie C
Bought by
Argue John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
7.86%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 8, 2000
Sold by
Argue John and Argue Julie C
Bought by
Argue John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
7.86%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 1, 2000
Sold by
Robert S Stevens Sr Trust
Bought by
Argue John

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
8.27%
Mortgage Type
Balloon
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
Desai Amar Ashok $9,375,000 Lawyers Title Company
Argue John -- Chicago Title Co
Argue John M -- --
Argue John $1,000,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Argue John $1,725,000
Previous Owner Argue John $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $9,375,000 -3.8% $1,506 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $9,750,000 -- $1,566 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $33,974 $9,375,000 $8,251,600 $1,123,400
2024 $33,974 $2,948,444 $1,506,843 $1,441,601
2023 $33,044 $2,890,633 $1,477,298 $1,413,335
2022 $32,472 $2,833,955 $1,448,332 $1,385,623
2021 $31,863 $2,778,388 $1,419,934 $1,358,454
2019 $31,008 $2,695,981 $1,377,819 $1,318,162
2018 $30,370 $2,643,119 $1,350,803 $1,292,316
2016 $28,278 $2,540,485 $1,298,350 $1,242,135
2015 $27,694 $2,502,325 $1,278,848 $1,223,477
2014 $27,300 $2,453,309 $1,253,798 $1,199,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24161937

California Regional Multiple Listing Service (CRMLS)

APN: 4176-011-013