NOT LISTED FOR SALE

Estimated Value: $5,660,000 - $6,824,000

5 Beds
5.5 Baths
4,332 Sq Ft
$1,405/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $5,100,000 $1,177 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $36,809/month

Highlights

  • Peek-A-Boo Views
  • Open Floorplan
  • Bonus Room
  • Grand View Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Bruce's Beach

About This Home

As of May 2023

Welcome to this stunning and luxurious single-family home located in the highly sought-after Sand Section neighborhood of Manhattan Beach. Boasting an impressive 4,332 square feet of living space, this exquisite residence features 5 bedrooms (YES 5!) and 5.5 baths, offering plenty of room for family and guests. Every square foot of this home was meticulously designed and perfectly executed. Only 4 blocks to the majestic Pacific Ocean this 2019 built home is highlighted by four distinct and functional living spaces including a unique ‘wet room’ with custom hidden kitchen perfect for entertaining with a sunny outdoor patio. The chef's kitchen is a culinary dream come true, featuring top-of-the-line stainless steel appliances, custom cabinetry, and an oversized island with bar seating. The adjacent dining area is perfect for hosting intimate dinner parties. The kitchen opens to the family room connecting to an oversized balcony for dinning “al fresco”. The primary bedroom suite is a true sanctuary, offering a serene retreat with dual walk-in closet and a spa-like ensuite bath with a soaking tub, a separate shower, dual vanities, and sunny west facing balcony to enjoy the ocean breeze. Situated on a great street-to-alley lot, where the rear is on a quiet cul-de-sac type alley that is perfect for kid play. For laundry lovers there are two laundry rooms to help with all the beach towels. 3 car garage and ample storage. This luxury home is just minutes away from world-renowned beaches, The Strand, bike path, parks, award winning Grandview Elementary School, downtown Manhattan Beach, shops, and world-class restaurants. Exceptional home in the heart of Manhattan Beach, built by locally renowned designer/builder Steve Lazar of South Swell Development.

Last Agent to Sell the Property

Rachel Ezra

Vista Sotheby’s International Realty License #01396863 Listed on: 05/01/2023

Vista Sotheby’s International Realty

Last Buyer's Agent

Molly Graw

Pacifica Properties Group, Inc. License #01234233

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 2,708 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MNRS

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,332 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Bar
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • Peek-A-Boo Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 172
  • Tax Tract Number 4861
  • Assessor Parcel Number 4176009027

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MNRS
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4176009027
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4332.00 Square Feet
  • Interior Amenities: Balcony, Bar, Living Room Balcony, Open Floorplan
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1177.29
  • Room Type: Bonus Room, Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop
  • 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: Biking, Park, 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

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2708.00
  • Lot Size Acres: 0.0622

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2708.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 172
  • Tax Tract Number: 4861

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
May 5, 2023
Sold by
Murugesan Narayanan and Murugesan Sridevi
Bought by
Thomas A Monson 1995 Trust
Seller's Agent
Rachel Ezra
Vista Sotheby’s International Realty
Buyer's Agent
Molly Graw
Pacifica Properties Group, Inc.
List Price
$4,990,000
Sold Price
$5,100,000
Premium/Discount to List
$110,000
2.2%
Current Estimated Value
$6,088,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$988,529
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Feb 4, 2020
Sold by
460 29Th Street Llc
Bought by
Murugesan Narayanan and Murugesan Sridevi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2017
Sold by
Diincanson Teresa
Bought by
460 29Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 19, 2010
Sold by
Duncanson Teresa
Bought by
Duncanson Teresa and Teresa Duncanson Trust Of 2010

Purchase Details

Closed on
Aug 4, 1993
Sold by
Duncanson Margaret T
Bought by
Duncanson Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.34%
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
Thomas A Monson 1995 Trust $5,100,000 Chicago Title
Murugesan Narayanan $3,850,000 Usa National Title Company
460 29Th Street Llc $1,850,000 Usa National Title Company
Duncanson Teresa -- None Available
Duncanson Teresa $50,000 Investors Title Company
Duncanson Teresa -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murugesan Narayanan $3,000,000
Previous Owner 460 29Th Street Llc $1,295,000
Previous Owner Duncanson Teresa $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2023 05/10/23 Sold $5,100,000 +2.2% $1,177 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $4,990,000 +29.6% $1,152 / Sq Ft
06/10/2020 06/10/20 Sold $3,850,000 -3.6% $999 / Sq Ft View Prior Sale
02/02/2020 02/02/20 Pending -- -- --
11/05/2019 11/05/19 Price Changed $3,995,000 -4.9% $1,037 / Sq Ft
07/25/2019 07/25/19 For Sale $4,200,000 -- $1,090 / 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 $58,902 $5,306,040 $3,589,380 $1,716,660
2024 $58,902 $5,202,000 $3,519,000 $1,683,000
2023 $45,735 $4,047,036 $2,365,151 $1,681,885
2022 $44,938 $3,967,683 $2,318,776 $1,648,907
2021 $44,092 $3,889,886 $2,273,310 $1,616,576
2020 $43,783 $3,883,140 $1,924,740 $1,958,400
2019 $21,543 $1,887,000 $1,509,600 $377,400
2018 $21,123 $1,850,000 $1,480,000 $370,000
2017 $3,385 $292,254 $288,774 $3,480
2016 $3,240 $286,524 $283,112 $3,412
2015 $3,173 $282,221 $278,860 $3,361
2014 $3,138 $276,694 $273,398 $3,296
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23056088

California Regional Multiple Listing Service (CRMLS)

APN: 4176-009-027