NOT LISTED FOR SALE

1001 8th Place Hermosa Beach, CA 90254

Estimated Value: $1,596,000 - $2,012,000

3 Beds
2 Baths
1,049 Sq Ft
$1,685/Sq Ft Est. Value

Last Sold October 10, 2018

Last sale price $1,420,000 $1,354 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,039/month

14 Days on Market

Highlights

  • Ocean View
  • Outdoor Fireplace
  • No HOA
  • Hermosa View Elementary School Rated A
  • Private Yard
  • 5-minute walk to Fort Lots of Fun Park

About This Home

As of October 2018

Prime location in the North Hermosa Hills... within minutes of the beach and downtown Pier Plaza, and conveniently nestled between South Redondo and Manhattan Beach. This 1,049 square foot vintage beach house is on an extraordinary 4,000 square foot corner lot. The home offers two bedrooms and one bathroom, and the living room includes hardwood floors, a wood-burning fireplace and a water view. The dining room is light and bright, and great for formal events and holidays... plus the kitchen has an eat-in area. This beach cottage also boasts a detached 2 car garage, an outdoor brick patio, and a lounge area with a brick BBQ and fireplace for entertaining. There is an additional 1 bed/1bath unit (BTV) off the garage, for family or guests. Close to award-winning local public schools and located within the "school of choice" zone for Redondo Union High School and Mira Costa High School. This 50' x 80' corner lot has "ocean view" potential, if you add on a second floor. It is the perfect beach bungalow with endless options!

Last Agent to Sell the Property

Gary Richardson

Strand Hill Properties License #00466560 Listed on: 08/12/2018

Last Buyer's Agent

Shawn Dugan

Strand Hill Properties License #01749343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,905

Year Built

  • Built in 1937

Lot Details

  • 4,016 Sq Ft Lot
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Peek-A-Boo

Interior Spaces

  • 1,049 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace

Schools

  • Hermosa View Elementary School
  • Hermosa Valley Middle School
  • Mira Costa High School

Utilities

  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 8386
  • Assessor Parcel Number 4186007012

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,905

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4186007012
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1049.00 Square Feet
  • Stories: 1
  • Entry Location: yes
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Outside, Patio
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1353.67
  • Room Type: Entry, Kitchen

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Hermosa
  • Elementary School: Hermosa View
  • Middle School: Hermosa Valley
  • High School: Mira Costa
  • Elementary School: Hermosa View
  • High School: Mira Costa
  • Middle Or Junior School: Hermosa Valley
  • Elementary School #2: HERVIE
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 4016.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 60
  • Tax Tract Number: 8386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2018
Closed on
Sep 26, 2018
Sold by
Valley Dunes Inc
Bought by
Dugan Shawn and Saiz Dugan Sandra
Seller's Agent
Gary Richardson
Strand Hill Properties
Buyer's Agent
Shawn Dugan
Strand Hill Properties
List Price
$1,420,000
Sold Price
$1,420,000
Current Estimated Value
$1,767,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,313
Avg. Annual Appreciation
3.24%
Original Mortgage
$1,207,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2002
Sold by
Marcilla Roberto
Bought by
Valley Dunes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.12%
Source: Public Records

Range of Values:

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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
Dugan Shawn $1,420,000 Usa National Title Company
Valley Dunes Inc $550,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dugan Shawn $1,275,000
Closed Dugan Shawn $1,207,000
Previous Owner Valley Dunes Inc $364,000
Previous Owner Marcilla Roberto $50,000
Previous Owner Marcilla Roberto D $40,000
Previous Owner Marcilla Roberto $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2018 10/10/18 Sold $1,420,000 0.0% $1,354 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $1,420,000 -- $1,354 / 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 $16,905 $1,584,032 $1,267,227 $316,805
2024 $16,905 $1,552,974 $1,242,380 $310,594
2023 $16,558 $1,522,524 $1,218,020 $304,504
2022 $16,261 $1,492,672 $1,194,138 $298,534
2021 $16,004 $1,463,405 $1,170,724 $292,681
2019 $15,584 $1,420,000 $1,136,000 $284,000
2018 $7,776 $700,079 $560,069 $140,010
2016 $7,397 $672,896 $538,322 $134,574
2015 $7,256 $662,789 $530,236 $132,553
2014 $7,010 $649,807 $519,850 $129,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18207949

California Regional Multiple Listing Service (CRMLS)

APN: 4186-007-012