NOT LISTED FOR SALE

1075 3rd St Hermosa Beach, CA 90254

Estimated Value: $1,667,740 - $1,873,000

2 Beds
1 Bath
900 Sq Ft
$1,962/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $1,540,000 $1,711 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,614/month

6 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Hermosa View Elementary School Rated A
  • Corner Lot
  • 1-minute walk to Edith Rodaway Friendship Park

About This Home

As of January 2022

Beautifully remodeled with thousands of dollars worth of upgrades, this is a rare opportunity to secure a home on one of the largest corner lots in Hermosa Beach. Ideally perched on the top of the hill, this impeccable home captures ocean views while offering an open indoor living space and a spaciously designed outdoor entertaining area. A delightful treat for the home chef, the remodeled kitchen features stainless steel appliances, along with plenty of cabinetry and gleaming granite countertops with a tasteful backsplash. Indoor recessed lighting overhead beautifully showcases the sleek hardwood flooring.
No expense was spared in updating this stunning abode with 2-bedrooms and 1-bath + small office with extensively upgraded features, from the plumbing fixtures to the vanity and shower. A bulk of the quality enhancements await in the tree-lined and beautifully landscaped backyard that now displays a fully equipped outdoor kitchen with a grill, burners, dry storage and a fridge. Enjoy making s’mores around the large fire pit as you relax on the custom Sunbrella seating cushion. Additional upgrades include newly installed central air, repiped copper plumbing, plus a freshly repainted exterior. The garage has a NEMA outlet for electric vehicle charging and washer/dryer hookups as a premium bonus. With shopping, dining, beaches, and top-rated schools nearby, this is simply an opportunity that’s too good to miss.

Last Agent to Sell the Property

karina pacific

Bayside License #01896081 Listed on: 12/02/2021

Last Buyer's Agent

Heidi Ludwig

Redfin Corporation License #01400091

Redfin Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 3,433 Sq Ft Lot
  • Corner Lot
  • Property is zoned HBR1YY

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Home Office
  • Wood Flooring
  • Ocean Views
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Fire Pit
  • Urban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 733
  • Assessor Parcel Number 4186021028
  • $459 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: HBR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4186021028
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 900.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Fire Pit
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1711.11
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Office

Exterior Features

  • View: Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Watersports, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3433.00
  • Lot Size Acres: 0.0788

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3433.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6211.02
  • Tax Lot: 10
  • Tax Tract Number: 733
  • TaxOtherAnnualAssessmentAmount: 459.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 11, 2022
Sold by
Jillian Ludwig
Bought by
Ludwig Leon Theodore
Seller's Agent
karina pacific
Bayside
Buyer's Agent
Heidi Ludwig
Redfin Corporation
List Price
$1,490,000
Sold Price
$1,540,000
Premium/Discount to List
$50,000
3.36%
Current Estimated Value
$1,765,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,685
Avg. Annual Appreciation
3.46%
Original Mortgage
$1,140,000
Outstanding Balance
$1,038,925
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$726,760

Purchase Details

Listed on
Dec 2, 2021
Closed on
Dec 14, 2021
Sold by
Chama Trust
Bought by
Ludwig Leon Theodore
Seller's Agent
karina pacific
Bayside
Buyer's Agent
Heidi Ludwig
Redfin Corporation
List Price
$1,490,000
Sold Price
$1,540,000
Premium/Discount to List
$50,000
3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Outstanding Balance
$1,038,925
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$726,760

Purchase Details

Closed on
Oct 13, 2020
Sold by
Ashe Timothy P and Ashe Sokhary C
Bought by
Ashe Timothy P and Ashe Sokhary C

Purchase Details

Closed on
May 11, 2020
Sold by
Ashe Timothy P and Ashe Sokhary C
Bought by
Ashe Timothy P and Ashe Sokhary C

Purchase Details

Closed on
Oct 17, 2016
Sold by
Ashe Sokhary Chhun
Bought by
Ashe Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2005
Sold by
Woo Julie
Bought by
Ashe Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 2005
Sold by
Sherk Scott N and Sherk James P
Bought by
Ashe Timothy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2004
Sold by
Liu Danny Ding Yu and Lin Karen Huei Chi
Bought by
Sherk Scott N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,750
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2004
Sold by
Liu Danny Ding Yu
Bought by
Liu Danny Ding Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,750
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ludwig Leon Theodore -- Provident Title
Ludwig Leon Theodore $1,540,000 Provident Title
Ashe Timothy P -- Provident Title Company
Ashe Timothy P -- Accommodation
Ashe Timothy P -- Accommodation
Ashe Timothy P -- First American Title Ins Co
Ashe Timothy P -- Commonwealth Title
Ashe Timothy P $895,000 --
Sherk Scott N $713,000 North American Title
Liu Danny Ding Yu -- North American Title Company
Sherk James P -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwig Leon Theodore $1,140,000
Previous Owner Ashe Timothy P $554,000
Previous Owner Ashe Timothy P $134,250
Previous Owner Ashe Timothy P $671,250
Previous Owner Sherk Scott N $532,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2022 01/13/22 Sold $1,540,000 +3.4% $1,711 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $1,490,000 -- $1,656 / 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 $17,341 $1,634,258 $1,307,407 $326,851
2024 $17,341 $1,602,215 $1,281,772 $320,443
2023 $16,983 $1,570,800 $1,256,640 $314,160
2022 $12,635 $1,159,093 $922,032 $237,061
2021 $12,448 $1,136,366 $903,953 $232,413
2020 $12,376 $1,124,715 $894,685 $230,030
2019 $12,121 $1,102,663 $877,143 $225,520
2018 $11,632 $1,074,924 $859,945 $214,979
2016 $9,908 $922,000 $737,600 $184,400
2015 $8,078 $874,000 $699,200 $174,800
2014 $9,250 $874,000 $699,200 $174,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21254149

California Regional Multiple Listing Service (CRMLS)

APN: 4186-021-028