NOT LISTED FOR SALE

Estimated Value: $6,963,000 - $8,426,000

5 Beds
4.5 Baths
4,300 Sq Ft
$1,812/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $6,925,000 $1,610 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $48,875/month

16 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Open Floorplan
  • Pacific Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of September 2023

Welcome to 616 12th street. A jewel crafted by TRI west development in 2022. Perfectly positioned in one of Manhattan Beach's most coveted locations, this residence is surrounded by prestigious high-caliber homes where the hill section and sand section converge into the vibrant downtown. As you step inside, You immediately are taken with the breathtaking 180-degree ocean views that greet you through the expansive floor-to-ceiling windows, framing the beauty of the endless horizon. Boasting 5 bedrooms and 5 baths, spread across 4300 square feet. A 3 stop elevator cleverly disguised by a fluted exterior, this home provides a generous space for the modern family. Also on the top floor, you'll discover a chef's dream in the form of a large ocean view kitchen. An exquisite Arabescato marble island takes center stage, surrounded by ridged oak cabinetry and adorned with smart top of the line appliances. A spacious dining area sets the stage for memorable gatherings with loved ones. The indoor-outdoor living room on this level is a haven of relaxation, featuring comfortable seating and floor-to-ceiling sliders that disappear into the walls. The doors open to reveal an inviting ocean view deck, perfect for savoring the salty sea breeze and embracing the serenity of coastal living. The primary suite is a true retreat, complete with a single-slab fireplace, a mitered headboard wall, and a luxurious custom walk-in closet. The primary bath exudes opulence, with a mixed-marble floor, bleached cedar walls, dual sinks, a TV, a soaking tub, a marble shower, and elegant brass accents. There are also three well-appointed bedrooms conveniently located on this level with high ceilings, solid wood doors and lots of natural light. The first floor features a ground floor entertainment room, A temperature-controlled wine room, a separate bedroom and full bath provide comfort and flexibility. The inviting ground floor room is bathed in natural light through the large floor-to-ceiling sliders that open to the outside. Here, an impressive wet bar awaits, catering to your entertainment needs. Throughout the house, beautiful wide plank hardwood floors add warmth and elegance. Modern amenities like air conditioning, control 4, security cameras and custom discreet automatic window shades enhance comfort and ease. A three-car garage with custom shelving and an electric car charging port, along with two exterior driveway parking spaces, ensure ample parking options.



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Last Agent to Sell the Property

Michael Pennings

Estate Properties License #00990231 Listed on: 08/08/2023

Estate Properties

Last Buyer's Agent

Bryn Stroyke

Bayside License #00855690

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,171

Year Built

  • Built in 2022

Lot Details

  • 3,008 Sq Ft Lot
  • South Facing Home
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing

Interior Spaces

  • 4,300 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Fireplace in Patio
  • Tile Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 25 / 115
  • Tax Tract Number 49
  • Assessor Parcel Number 4170017049

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,171

Year Built

Built in 2022

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4170017049
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4300.00 Square Feet
  • Interior Amenities: Built-in Features, Copper Plumbing Full, Elevator, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 3
  • Entry Location: 2nd floor
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Entry Level: 2
  • Fireplace Features: Living Room, Master Bedroom, Patio
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1610.47
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Wine Cellar
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Hollywood Bathroom (Jack&Jill), Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: Catalina, Ocean, Panoramic, Water
  • Patio And Porch Features: Deck, Tile
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Park, Watersports

Schools

  • School District: Manhattan Unified
  • Elementary School: Pacific
  • Middle School: Manhattan Beach
  • High School: Mira Costa
  • Elementary School: Pacific
  • High School: Mira Costa
  • Middle Or Junior School: Manhattan Beach
  • Elementary School #2: PACIFI2
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3008.00
  • Lot Size Acres: 0.0691

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3008.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 115
  • Tax Census Tract: 6203.03
  • Tax Lot: 25
  • Tax Tract Number: 049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 11, 2023
Sold by
P & C Trust
Bought by
Simone Christine
Seller's Agent
Michael Pennings
Estate Properties
Buyer's Agent
Bryn Stroyke
Bayside
List Price
$7,199,000
Sold Price
$6,925,000
Premium/Discount to List
-$274,000
-3.81%
Views
26
Current Estimated Value
$7,789,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,568
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Jun 21, 2019
Sold by
Lathrop Carol A and Hvinden Eric Frederick
Bought by
616 12Th Street Mb Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,200,600
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 6, 2007
Sold by
Hvinden Nancy L
Bought by
Hvinden Nancy L
Source: Public Records

Range of Values:

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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
Simone Christine $6,925,000 Endpoint Title
616 12Th Street Mb Lp $4,200,000 Lawyers Title Company
Hvinden Nancy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 616 12Th Street Mb Lp $185,235
Previous Owner 616 12Th Street Mb Lp $6,030,900
Previous Owner 616 12Th Street Mb Lp $6,200,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $6,925,000 -3.8% $1,610 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/08/2023 08/08/23 For Sale $7,199,000 +10.8% $1,674 / Sq Ft
04/27/2022 04/27/22 Sold $6,500,000 0.0% $1,512 / Sq Ft
06/09/2021 06/09/21 For Sale $6,500,000 -- $1,512 / 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 $78,171 $7,063,500 $4,080,000 $2,983,500
2024 $78,171 $6,925,000 $4,000,000 $2,925,000
2023 $74,210 $6,630,000 $4,080,000 $2,550,000
2022 $24,498 $2,164,191 $2,164,191 $0
2021 $24,024 $2,121,756 $2,121,756 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23141083

California Regional Multiple Listing Service (CRMLS)

APN: 4170-017-049