See Home Value
$4,950,000 - $6,048,000
House - Off Market

540 3rd Street

Manhattan Beach, CA 90266
bedrooms
5 Beds
bathrooms
6 Baths
square feet
3521 Sqft
Sold Apr 03, 2024
$5,537,500
$2,200,000 by Crosscountry Mortgage, Llc
Mortgage Due May 01, 2054
Sold Dec 01, 2020
$2,500,000

About This Property

A Rare New Construction in the highly coveted Sand Section of South MB, this stylish Coastal Modern seamlessly blends beach living with every convenience, necessity, and prerequisite of the Southern CA Lifestyle. Ideally situated with walkability to the Beach, Downtown, the Greenbelt and Robinson Elementary School, this 3521 Sq Ft home features 5 Bedrooms, 6 Bathrooms, a Basement with Wet Bar along with an unrivaled Entertainer's Backyard. As you step into the home, natural light floods the Open Floor plan w/ White Oak flooring and Custom Cabinetry throughout. Gourmet kitchen features a family gathering island accented with leathered Taj Mahal Quartzite countertops complete w/ top-of-the line Thermador appliances, Farmhouse sink, Miele Coffee Station, Dual zoned 58 Bottle Wine Refrigerator, Hot Water dispenser and Walk-in Pantry.The Eldorado floor to ceiling Stone Fireplace serves as the centerpiece in the entertainment space w/ La Cantina pocket doors opening to a luscious landscaped bi-level Outdoor Patio w/ built-in BBQ station, dual Ceiling Heat units and Night Lighting. The upper level boasts the Primary Suite w/spa type attributes and custom cabinetry. Wide Ribbed decorative glass provides an extra layer of privacy for all windows on east side of property. Eight Skylights illuminate the upstairs with four in the hallway. The bedrooms all feature Ensuite Baths w/ closet built-ins and Balconies and Sliders in two of the bedrooms. Laundry room features side-by-side W&D w/ tall pedestal storage bins and utility sink. At street level, enjoy easy access to the 3 Car Garage. Inside, you'll be greeted to a mudroom, powder room. Additional garage amenities include: stackable W&D, top-Freezer Refrigerator along w/ a Hanging rack system by Garage Envy - ideal for sports/surf equipment, etc. An outdoor Hot/Cold Shower awaits one after a long day at the beach. Other highlights include: Solar Panels, Ring Doorbell, 3 Zoned Sonos Sound System, Nest Thermostat, Smoke & CM, Dual AC units, Bedroom Ceiling Fans & Tankless waterheaters, Trash accessibility from alley w/ Access ladder, Moen & Newport Brass Faucets, Fixtures, Kohler Sinks, Smart Toilets, LED Mirrors and Hand Showers w/ Side Bar & Hose. With plenty of Street Parking, a hub for Friends and Family - this A+ Location is the heart and soul of Manhattan Beach living at its finest! Property Curated by Erin Curci Design.

The manager has listed the unit size as 3521 square feet.
Unit Size
3,521Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$1,562
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Apr 14, 2024 No longer available -
No longer available
Mar 12, 2024 In contract -
In contract
Mar 10, 2024 No longer available -
No longer available
Feb 10, 2024 In contract -
In contract
Jan 26, 2024 Listed $5,499,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 2,700
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEVELDUNE TRACT
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEVELDUNE TRACT LOT/SEC 20 BLK/DIV/TWN K

Ownership

  • Current Owner : GATSIOS LIVING TRUST
  • Current Owner 2: GATSIOS
  • Previous Owner : 544 3RD STREET LLC
  • Owner Before Previous Owner: SPENLER CW
  • Owner Before Previous Owner 2: TAKAHASHI AILEEN M
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Manhattan Beach Unified School District
  • Census Tract: 620904

Zoning

  • Zoning: MNRS

Geography

  • Assessors Map Reference: 62-B4
  • Parcel: 4180-013-020
  • Block: K
  • Lot: 20
  • Municipality: SOUTH /W. MANH BCH SFR
  • Latitude: 33.8803
  • Longitude: -118.404

    Address

  • Full Address: 540 3rd St
  • Address - House Number: 540
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Manhattan Beach
  • Carrier Code: C057
  • 4-Digit Zip Code: 6415
  • Zip Code: 90266

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,950
  • Tax Rate Code Area: 06-174

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 3,218,038
  • High Value: 3,955,283
  • Low Value: 2,480,793

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,200,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Apr 03, 2024
  • First Open Lien Mortgage Loan Amount: $2,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,601,000
  • Assessed Land Value: $2,080,800
  • Assessed Improvements Value: $520,200

    Sales

  • Current Sale Contract Date: Feb 06, 2024
  • Current Sale Recording Date: Apr 03, 2024
  • Current Sale Transaction ID: 11923573164
  • Current Sale Price: $5,537,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 216157
  • Previous Sale Recording Date: Dec 01, 2020
  • Previous Sale Contract Date: Oct 23, 2020
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE, LLC
  • First Mortgage Transaction Date: Apr 03, 2024
  • First Mortgage Loan Amount: $2,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
2.5 Baths
4,620 ft²
$1,402/ft²
$6,475,000 Jan 12, 2024
-
-
In Contract
Townhouse
4 Beds
3.5 Baths
2,540 ft²
$2,085/ft²
$5,295,000 Dec 11, 2023
-
$575/mo
Townhouse
4 Beds
3.5 Baths
2,680 ft²
$2,164/ft²
$5,799,000 Feb 13, 2024
-
$572/mo
In Contract
House
7 Beds
3.5 Baths
2,700 ft²
$2,315/ft²
$6,250,000 Feb 9, 2024
-
-
Triplex
6 Beds
3 Baths
2,316 ft²
$2,677/ft²
$6,200,000 Mar 8, 2024
-
-
Townhouse
3 Beds
3.5 Baths
2,240 ft²
$2,275/ft²
$5,095,000 Nov 16, 2023
-
-
House
Stu
-
100 ft²
$65,000/ft²
$6,500,000 Sep 7, 2023
-
-

About Sand Section


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Frequently Asked Questions

When was property at 540 3rd Street built and last sold?
The property at 540 3rd Street was built in 1956 and last sold on Feb 6, 2024 for $5,537,500.
How much is this home worth?
The estimated value of the home located at 540 3rd Street is $5,553,990.
What are some comparable homes to 540 3rd Street?
Homes that are comparable to 540 3rd Street include a house property at 413 25th Street, a townhouse property at 300 7th Street, a triplex property at 125 9th Street.

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