NOT LISTED FOR SALE

511 Pacific Ave Manhattan Beach, CA 90266

Estimated Value: $8,979,000 - $10,459,000

5 Beds
9 Baths
7,980 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $8,000,000 $1,003 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $58,604/month

4 Days on Market

Highlights

  • Ocean View
  • Multi-Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Opal Robinson Elementary School Rated A
  • Property is near park
  • No HOA

About This Home

As of December 2021

Frank Lloyd Wright inspired Masterpiece. This One of a Kind Manhattan Beach Hill Section Showcase Home was Thoughtfully Designed for Entertaining and Perfectly Perched to Capture Panoramic, Unblockable, Ocean Views from Catalina to Malibu. The floor plan features Three Open and Spacious Levels that are Meticulously Detailed to embody Pure Opulence. Some of the Luxurious Details include According Style Nana Door Systems Throughout, Ten Seat THX Certified Home Movie Theater, Poker Room with full bar, Billiard's Game Room, Guest Quarters, Wine Tasting Room, Three-Stop Oversized Elevator, Nuvo Sound System, Four Stone Fireplaces, Four Car Garage with Tremendous Storage, Over the Top Kitchen showcasing Bosch-Wolf-Subzero-Miele Appliances, European Stone and so much more. This is truly a home you do not want to miss.

Last Agent to Sell the Property

Brett Zebrowski

eXp Realty of California Inc License #01313739 Listed on: 11/18/2021

eXp Realty of California Inc

Last Buyer's Agent

Brett Zebrowski

eXp Realty of California Inc License #01313739 Listed on: 11/18/2021

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 9,355 Sq Ft Lot
  • Property is zoned MNRS

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Panoramic
  • Mountain

Interior Spaces

  • 7,980 Sq Ft Home
  • Living Room with Fireplace
  • Den with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Multi-Level Bedroom

Additional Features

  • Property is near park
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 25
  • Tax Tract Number 3393
  • Assessor Parcel Number 4169009019
  • $3,591 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

9,355 Sq Ft Lot

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4169009019
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7980.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Den, Living Room, Master Retreat
  • Levels: Three Or More
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1002.51
  • Room Type: Multi-Level Bedroom

Exterior Features

  • View: Mountain(s), Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 9355.00
  • Lot Size Acres: 0.2148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9355.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 25
  • Tax Census Tract: 6209.01
  • Tax Lot: 4
  • Tax Tract Number: 3393
  • TaxOtherAnnualAssessmentAmount: 3591.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2010
Sold by
511 Development Corporation
Bought by
Ammar Neal
Current Estimated Value
$9,714,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,675,000
Outstanding Balance
$2,514,364
Interest Rate
5.4%
Mortgage Type
New Conventional
Estimated Equity
$7,200,514

Purchase Details

Closed on
Feb 23, 2006
Sold by
Olpe Pete
Bought by
511 Development Corp

Purchase Details

Closed on
Feb 17, 2006
Sold by
Olpe Susan M
Bought by
Olpe Pete

Purchase Details

Closed on
Nov 22, 2005
Sold by
Suffolk Holding Co Inc
Bought by
Olpe Pete and Pulver Barret B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,725,000
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 19, 2005
Sold by
Clifford C Godbold Trust
Bought by
Suffolk Holding Co Inc

Purchase Details

Closed on
May 5, 1999
Sold by
Godbold Clifford C
Bought by
Clifford C Godbold Trust

Purchase Details

Closed on
Aug 16, 1993
Sold by
Godbold Clifford C
Bought by
Godbold Clifford C
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
Ammar Neal $5,250,000 None Available
511 Development Corp -- None Available
Olpe Pete -- North American Title Co
Pulver Barret B -- North American Title Co
Olpe Pete $2,500,000 North American Title Co
Suffolk Holding Co Inc -- --
Clifford C Godbold Trust -- Old Republic Title Company
Godbold Clifford C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ammar Neal $3,675,000
Previous Owner Olpe Pete $3,725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $8,000,000 +0.1% $1,003 / Sq Ft
11/18/2021 11/18/21 For Sale $7,995,000 0.0% $1,002 / Sq Ft
09/07/2020 09/07/20 Rented $21,500 -4.4% --
08/21/2020 08/21/20 Under Contract -- -- --
08/06/2020 08/06/20 Price Changed $22,500 -10.0% $3 / Sq Ft
07/01/2020 07/01/20 For Rent $25,000 +25.0% --
10/12/2018 10/12/18 Rented $20,000 0.0% --
05/24/2018 05/24/18 For Rent $20,000 -- --
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 $96,676 $8,489,663 $6,791,731 $1,697,932
2024 $96,676 $8,323,200 $6,658,560 $1,664,640
2023 $94,289 $8,160,000 $6,528,000 $1,632,000
2022 $92,650 $8,000,000 $6,400,000 $1,600,000
2021 $73,243 $6,260,739 $4,471,959 $1,788,780
2019 $71,388 $6,075,044 $4,339,319 $1,735,725
2018 $69,907 $5,955,927 $4,254,235 $1,701,692
2016 $66,284 $5,724,653 $4,089,039 $1,635,614
2015 $64,963 $5,638,664 $4,027,618 $1,611,046
2014 $64,054 $5,528,211 $3,948,723 $1,579,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21251719

California Regional Multiple Listing Service (CRMLS)

APN: 4169-009-019

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