See Home Value
$5,835,960*
House - Off Market

1515 Gates Avenue

Manhattan Beach, CA 90266
bedrooms
5 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
6570 Sqft
$4,680,000 - $5,718,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Apr 26, 2021
$4,962,500
$3,200,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2051
Sold Nov 02, 2016
$1,370,000
Buyer
Seller
$960,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2046

About This Property

Welcome to 1515 Gates Avenue, a warm modern retreat characterized by superlatives.  This 2020-built home is the largest on the market (6,570 sq.ft.), adorned with the highest end amenities and finishes throughout.  The coveted 50' x 150' lot size lends a unique spaciousness that attracts so many to this wonderful family neighborhood by the beach.  A grand entry opens to the open concept living area, ideal for entertaining with adjoining living room, dining area and master chef's kitchen with ultra-premium Dacor appliances.  The large basement includes an illuminated bar, spacious secondary living room and game area - with the added flexibility for a movie theatre.  The adjoining outdoor area includes a pool and spa with waterfall features, a grill/bar area, and fire pit seating.  Several skylights and large panel windows flood the upper floor with natural light.  The master bedroom suite features a wraparound patio with hillside views, and an opulent master bathroom with a walk-in shower and soaking tub.  Amenities include a 3-stop elevator, floor-to-ceiling Fleetwood sliding glass walls and high ceilings throughout, 3 zone air conditioning, and a 3 car garage with additional driveway parking.  This address offers close proximity to top-performing local schools and several parks, also located 6 minutes to some of the best beaches in the world, 8 minutes to freeways for access to all of LA, and 12 minutes to LAX for easy international travel.

The manager has listed the unit size as 6570 square feet.
Unit Size
6,570Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$791
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 26, 2021 Sold to Amy Michelle Macmaster, Jas... $4,962,500
Sold to Amy Michelle Macmaster, Jas...
Mar 23, 2021 In contract -
In contract
Feb 20, 2021 Price Decreased $5,199,000
↓ $291K (5.3%)
Price Decreased
Nov 30, 2020 Listed $5,490,000
Listed
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,497
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 6,607
  • Building Area: 6,607
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,607
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REDONDO VILLA TR
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REDONDO VILLA TRACT B LOT/SEC 17 BLK/DIV/TWN 64

Ownership

  • Current Owner : MACMASTER JASON M
  • Current Owner 2: MACMASTER AMY MICHELLE
  • Previous Owner : SALEHI ALI
  • Owner Before Previous Owner: GATES 30 LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Manhattan Beach Unified School District
  • Census Tract: 620801

Zoning

  • Zoning: MNRS

Geography

  • Assessors Map Reference: 62-D5
  • Subdivision Tract Number: B
  • Parcel: 4163-018-015
  • Block: 64
  • Lot: 17
  • Municipality: SOUTH /E MANH. BCH SFR
  • Latitude: 33.8787
  • Longitude: -118.387

    Address

  • Full Address: 1515 Gates Ave
  • Address - House Number: 1515
  • Address - Street Name: Gates
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Manhattan Beach
  • Carrier Code: C036
  • 4-Digit Zip Code: 7026
  • Zip Code: 90266

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $57,306
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 06-174

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 4,522,601
  • High Value: 5,521,708
  • Low Value: 3,523,493

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,200,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 26, 2021
  • First Open Lien Mortgage Loan Amount: $3,200,000
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,163,505
  • Assessed Land Value: $3,355,290
  • Assessed Improvements Value: $1,808,215

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Apr 26, 2021
  • Current Sale Transaction ID: 11832030792
  • Current Sale Price: $4,962,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0654044
  • Previous Sale Recording Date: Nov 02, 2016
  • Previous Sale Contract Date: Oct 25, 2016
  • Previous Sale Amount: $1,370,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 26, 2021
  • First Mortgage Loan Amount: $3,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 02, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $960,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,964 ft²
$1,584/ft²
$4,695,000 Nov 28, 2022
-
-
House
3 Beds
2 Baths
2,930 ft²
$1,809/ft²
$5,299,000 Oct 20, 2022
-
-
Multifamily
Stu
-
5,432 ft²
$920/ft²
$4,999,999 Jan 9, 2023
-
-
Commercial
Loft
-
1,625 ft²
$3,262/ft²
$5,300,000 Aug 6, 2021
-
-

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Frequently Asked Questions

When was property at 1515 Gates Avenue built and last sold?
The property at 1515 Gates Avenue was built in 2019 and last sold on Mar 23, 2021 for $4,962,500.
How much is this home worth?
The estimated value of the home located at 1515 Gates Avenue is $5,233,888.
What are some comparable homes to 1515 Gates Avenue?
There are currently no comparable homes to 1515 Gates Avenue.

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