Landlord's Agent in 2016
Robert Schumann
Real Estate West, Inc.
(310) 546-3441
2 in this area
8 Total Sales
505 Bayview Dr Manhattan Beach, CA 90266
Estimated Value: $4,844,604 - $6,354,000
3
Beds
3.5
Baths
2,250
Sq Ft
$2,504/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- Deck
- Opal Robinson Elementary School Rated A
- Custom Home
- Cathedral Ceiling
About This Home
As of September 2016House currently being painted and floors will be refinished. Straight on ocean view from Catalina Island to Malibu. No wires in this neighborhood. One block off The Strand. Easy walk to downtown shops and restaurants. Pride of ownership, open concept living on top floor. High, high 11.5 ceilings. Big fireplace, bookcases, built-in appliances, deck. Master suite with spacious bath, walk-in closet, fireplace and deck. Second bedroom with private bath. Third bedroom being used as office with built-in desk and book cases. Private shower bath and separate outside entry. Three stop elevator, two car garage. Pet considered with pet deposit.
Last Agent to Rent the Property
Real Estate West, Inc. License #00481263 Listed on: 04/08/2016
Home Details
Home Type
- Single Family
Year Built
- Built in 1988
Lot Details
- 1,650 Sq Ft Lot
- Lot Dimensions are 33.3x50
- Wrought Iron Fence
- Stucco Fence
- Paved or Partially Paved Lot
- No Sprinklers
- Property is zoned r2
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Ocean
- Marina
- Coastline
- Catalina
- Panoramic
Home Design
- Custom Home
- Contemporary Architecture
- Turnkey
- Composition Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 2,250 Sq Ft Home
- Elevator
- Cathedral Ceiling
- Wood Burning Fireplace
- Gas Fireplace
- Blinds
- Wine Cellar
- Great Room
- Living Room with Fireplace
- Dining Room
- Loft
- Storage
Kitchen
- Eat-In Kitchen
- Double Self-Cleaning Oven
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
- Home Security System
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Underground Utilities
- 220 Volts in Garage
- Tankless Water Heater
- Sewer Paid
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $8,500
- 12-Month Minimum Lease Term
- Legal Lot and Block 5 / 73
- Tax Tract Number 73
- Assessor Parcel Number 4180025006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 7, 2025
Sold by
Gale Brandon L and Gale Jody K
Bought by
505 Bayview Mb Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,465,000
Outstanding Balance
$3,458,215
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$2,175,436
Purchase Details
Closed on
Jul 22, 2025
Sold by
Smith Jr Richard A
Bought by
Gale Brandon L and Gale Jody K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,465,000
Outstanding Balance
$3,458,215
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$2,175,436
Purchase Details
Closed on
Jan 30, 2017
Sold by
Lochner Barbara
Bought by
Kilmer Sharon K and The Sharon K Kilner 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
$1,750,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 2016
Sold by
Lochner Barbara
Bought by
Lochner Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.71%
Mortgage Type
Commercial
Purchase Details
Closed on
May 19, 1994
Sold by
Lochner Barbara
Bought by
Lochner Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.79%
Purchase Details
Closed on
Apr 22, 1994
Sold by
Lochner Barbara
Bought by
Lochner Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.79%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 505 Bayview Mb Llc | -- | Upward Title Company | |
| Gale Brandon L | $850,000 | Upward Title Company | |
| Smith | -- | None Listed On Document | |
| Kilmer Sharon K | $2,900,000 | Lawyers Title | |
| Lochner Barbara | -- | Ticor Title | |
| Lochner Barbara | -- | -- | |
| Lochner Barbara | -- | Title Land |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 505 Bayview Mb Llc | $3,465,000 | |
| Previous Owner | Kilmer Sharon K | $1,750,000 | |
| Previous Owner | Lochner Barbara | $370,000 | |
| Previous Owner | Lochner Barbara | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/11/2016 09/11/16 | Rented | $8,500 | +10.4% | -- |
| 07/22/2016 07/22/16 | Price Changed | $7,700 | -2.5% | $3 / Sq Ft |
| 07/11/2016 07/11/16 | Price Changed | $7,900 | -2.5% | $4 / Sq Ft |
| 07/05/2016 07/05/16 | Price Changed | $8,100 | -4.7% | $4 / Sq Ft |
| 06/23/2016 06/23/16 | Price Changed | $8,500 | -4.5% | $4 / Sq Ft |
| 06/01/2016 06/01/16 | Price Changed | $8,900 | -10.1% | $4 / Sq Ft |
| 05/02/2016 05/02/16 | Price Changed | $9,900 | -9.2% | $4 / Sq Ft |
| 04/08/2016 04/08/16 | For Rent | $10,900 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $41,929 | $3,767,287 | $3,013,830 | $753,457 |
| 2024 | $41,929 | $3,693,420 | $2,954,736 | $738,684 |
| 2023 | $40,888 | $3,621,000 | $2,896,800 | $724,200 |
| 2022 | $40,177 | $3,550,000 | $2,840,000 | $710,000 |
| 2021 | $35,300 | $3,109,384 | $2,487,508 | $621,876 |
| 2019 | $34,346 | $3,017,160 | $2,413,728 | $603,432 |
| 2018 | $33,692 | $2,958,000 | $2,366,400 | $591,600 |
| 2016 | $6,774 | $595,716 | $236,783 | $358,933 |
| 2015 | $6,636 | $586,769 | $233,227 | $353,542 |
| 2014 | $6,550 | $575,276 | $228,659 | $346,617 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Schumann
-
Alex Gauss
Tenant's Agent in 2016
Alex Gauss
Strand Hill Properties
(310) 418-0869
18 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16073495
APN: 4180-025-006
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