I
n the South Bay market, every sale is unique, and a recent transaction stands out as particularly remarkable. Ed Kaminsky facilitated the sale of two side-by-side Strand homes in Manhattan Beach, one a modernist concrete house built in 2006 and the other a historic wood-shingled cottage dating back to 1922.
The properties, which sold together for $25.725 million, are not among the most valuable in Manhattan Beach real estate. However, they do top last year's record sale price of $24.5 million on the same block at 1800 The Strand. Kaminsky notes that if considered a single sale, this transaction is the largest closed deal in Manhattan Beach history.
The buyer has chosen to remain anonymous for privacy reasons. Kaminsky revealed that the homes were previously owned by Mary and Robert Looker, who founded the Looker Foundation in 1995 to support educational, environmental, and philanthropic causes. The couple was known for their art collection and built the modern house as a showcase for their art.
The Lookers' home is designed by architect Frederick Fisher and features a nod to Brutalist style. Kaminsky notes that the owner's naval background may have influenced his appreciation for this architectural style. The property includes a 5,329-square-foot main house and a 1,068-square-foot guest quarters.
There are concerns within the community that the historic cottage will be torn down to make way for a larger home, but Kaminsky believes that a lot merger would face significant hurdles due to anti-mansionization measures passed by the City. He notes that the Coastal Commission's restrictions on development on The Strand make it difficult to merge lots.
The Brutalist house may appear stark from the outside, but it is surprisingly warm and inviting inside. Kaminsky hosted events at the property to showcase its unique features, which were well-received by potential buyers. The cottage has been preserved in its original condition, with its 103-year-old kitchen equipment still intact.
