NOT LISTED FOR SALE

Estimated Value: $8,325,251 - $8,945,000

5 Beds
6 Baths
4,961 Sq Ft
$1,743/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $7,376,000 $1,487 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $52,301/month

57 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • In Ground Pool
  • Opal Robinson Elementary School Rated A
  • Projection Room
  • Primary Bedroom Suite

About This Home

As of October 2022

Nestled into the scenic Hill Section of Manhattan Beach lies 763 11th Street, a 4,900 square-foot home designed by Louie Tomaro and expertly constructed by Mike Davis Custom Homes in 2018. This modern splendor design is perfectly executed, offering a rare combination of tailored, traditional design elements with a modern flair. Soaring Fleetwood doors and windows throughout including disappearing patio doors on the first floor present seamless indoor/outdoor living. An interior courtyard boasts a Zen-style pool, spa, and water feature, indicating a lovely private area for open-air entertaining. The outdoor dining room comes complete with built-in bar, towering stone fireplace, modern pendants and flush-mount heaters for dining al fresco. The Chef’s kitchen is replete with an expansive custom Neolith island, charming breakfast nook, a gorgeous statement ceiling and brass pendants as well as Thermador and Miele appliances. The open-plan living and dining areas include a floating travertine fireplace, automated shades, and built-in cabinetry. A guest suite with striking full bath, laundry room, pool bath and library with spacious bookcases complete the first floor. The stairwell is an artistic focal point of the home, adjacent to the 3-stop elevator and comprised of a split-face limestone accent wall, floating staircase, and oversized skylights that bathe the area in abundant natural light. The powder room services both the first and basement floors, and the vast garage provides space for storage and parking multiple vehicles. The basement also boasts a theater room, fully equipped with a 4K home theater system as well as a 360-bottle wine cellar. Upstairs, double doors lead to the Master Bedroom, featuring a black Neolith fireplace, patio doors fronting a balcony overlooking the serene courtyard below, and a custom walk-in closet with charming detail. The Master bath offers a freestanding sculptural bathtub, rain shower and dual sinks. Two additional bedrooms feature charming en suite baths and roomy closets, and a full-size laundry room with custom shelves and sink is conveniently located on the second floor as well. A beautifully-positioned front office, den or additional guest suite includes a ¾ bath with shower, travertine bar with beverage center, and extensive windows in addition to an inviting deck, taking advantage of scenic ocean, hillside and mountain views.

Last Agent to Sell the Property

David Caskey

eXp Realty of California Inc License #01198999 Listed on: 07/20/2022

eXp Realty of California Inc

Last Buyer's Agent

Michael Burns

eXp Realty of California Inc License #02038410

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 6,404 Sq Ft Lot
  • Landscaped
  • Back Yard
  • Property is zoned MNRS

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • City Lights
  • Mountain
  • Pool
  • Courtyard

Home Design

  • Modern Architecture
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,961 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Entryway
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Projection Room
  • Home Theater
  • Den
  • Bonus Room
  • Storage
  • Home Security System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2 / 17
  • Tax Tract Number 3393
  • Assessor Parcel Number 4170022019
  • $818 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Zoning: MNRS
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4170022019
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4961.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Elevator, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room, Master Bedroom, Outside, Patio, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1486.80
  • Room Type: Basement, Bonus Room, Den, Entry, Family Room, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Projection, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: In Ground
  • Window Features: Skylight(s)
  • Bathroom Features: Bidet, Double Sinks In Master Bath, Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: City Lights, Courtyard, Mountain(s), Ocean, Pool
  • Patio And Porch Features: Covered
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Metal
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Warming Drawer
  • Heating Type: Central, Fireplace(s), Zoned
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped
  • Lot Size Sq Ft: 6404.00
  • Lot Size Acres: 0.1470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6404.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 6209.01
  • Tax Lot: 2
  • Tax Tract Number: 3393
  • TaxOtherAnnualAssessmentAmount: 818.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 21, 2022
Sold by
Genesis Asset Holdings Inc
Bought by
Kaba Lundberg Trust and Kaba
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Michael Burns
eXp Realty of California Inc
List Price
$8,000,000
Sold Price
$7,376,000
Premium/Discount to List
-$624,000
-7.8%
Views
22
Current Estimated Value
$8,648,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,272,813
Avg. Annual Appreciation
5.02%
Original Mortgage
$5,000,000
Outstanding Balance
$4,685,620
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$3,963,193

Purchase Details

Closed on
Jun 26, 2015
Sold by
Elkind Rokama
Bought by
Genesis Asset Holdings Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaba Lundberg Trust $7,376,000 Fidelity National Title
Genesis Asset Holdings Inc $2,400,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaba Lundberg Trust $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $7,376,000 -3.6% $1,487 / Sq Ft
09/07/2022 09/07/22 Price Changed $7,650,000 -4.4% $1,542 / Sq Ft
07/20/2022 07/20/22 For Sale $8,000,000 +233.3% $1,613 / Sq Ft
10/22/2015 10/22/15 Sold $2,400,000 -7.7% $938 / Sq Ft View Prior Sale
06/25/2015 06/25/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $2,599,000 -- $1,016 / 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 $84,908 $7,673,990 $4,094,078 $3,579,912
2024 $84,908 $7,523,520 $4,013,802 $3,509,718
2023 $82,781 $7,376,000 $3,935,100 $3,440,900
2022 $59,417 $5,258,667 $2,721,864 $2,536,803
2021 $58,279 $5,155,557 $2,668,495 $2,487,062
2019 $32,497 $2,848,855 $2,589,347 $259,508
2018 $28,541 $2,496,960 $1,997,568 $499,392
2016 $26,603 $2,400,000 $1,920,000 $480,000
2015 $2,884 $240,783 $126,960 $113,823
2014 $2,857 $236,068 $124,474 $111,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22153895

California Regional Multiple Listing Service (CRMLS)

APN: 4170-022-019