tomo logo

$5,995,000

Beds
4
Baths
3.5
sq ft
2,840

405 26th St, Manhattan Beach, CA 90266

405 26th St

Manhattan Beach, CA 90266

  • 9 days on market
    • Open house Feb 23
Experience the luxurious beach lifestyle of living in beautiful Manhattan Beach. This nearly new home is a lovely Coastal Modern Masterpiece, on a corner lot, that has been completely dialed in during the short time it's been owned. It is now "better than new". Built by renowned local builder, Jimmy Powers, this home has been upgraded to an even higher level of comfort & sophistication with the addition of all-new, hard-wired, remotely operated, Lutron shades throughout and 3-zone heating & air conditioning. This home has exceptional features and high-quality finishes, top-of-the-line fixtures & quality workmanship. Packed with upgrades. The home is sited on a corner lot, giving it more light, air & view than interior lots, and was created with entertaining in mind...showcasing a stunning light-filled Great Room on the third floor with Fleetwood sliding glass doors that opens to a patio with fireplace, creating an open & inviting indoor-outdoor living area with a gorgeous ocean view. Watch the game on the patio TV or just sit by the fire as you watch the stunning sunset ocean views over the beautiful horizon. The Gourmet Kitchen is sure to impress the chef in the family with Wolf appliances, 2 dishwashers, Neolith countertops, a walk-in pantry, and a 3-tower Sub-Zero fridge & wine cooler. This level also includes an elegant living room with a fireplace, a large dining area with another built-in wine fridge, and a powder room. On the second level are 3 en-suite bedrooms including a very spacious primary bedroom with a spa-like bathroom, a large walk-in closet, and access to the 2nd floor ocean view balcony. On the first floor, after passing through the beautiful foyer with soaring ceilings, you will find the 4th en-suite bedroom which makes a great office or guest room. Special features of this impressive property also include an elevator, hardwood floors throughout, a Samsung thermostat, many Control4 home automation features & speakers, Fleetwood windows & doors, gorgeous light fixtures, and much more. All of this is only a couple of short blocks to the beach! Don't miss out on this incredible opportunity.

Details

Property type

Townhouse

Est. home value

$4,870,306

Lot size

3,496 sq ft

Price per sq ft

$2,111

Year built

2021

HOA fee

$100

Price History

02/14/2025
CRMLS

CRMLS #SB25032232

Listed
$5,995,000
+23.61%
12/07/2021
CRMLS

CRMLS #SB21203664

Sold
$4,850,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Manhattan Unified

Number of units in community: 

2

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,736,414
Asking price
$5,995,000
Closing costs (~8% of asking)
-$479,600
Est. remaining loan balance
-$2,778,986
Cash to seller
$2,736,414

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

October 2021

Original loan amount

$3,000,000

Est. remaining balance

$2,778,986

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Joseph Anthony Karam and Mary Katherine Karam

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 10:40 AM

Listing updated: 02/23/2025 at 5:34 AM

Listed by: Julie-Ann Forney, Vista Sotheby’s International RealtyVista Sotheby’s International Realty Phone #: (310) 546-7611

MLS: CRMLS #SB25032232

CRMLS logo

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