NOT LISTED FOR SALE

1086 Loma Dr Hermosa Beach, CA 90254

Estimated Value: $3,125,000 - $4,571,205

6 Beds
7 Baths
3,480 Sq Ft
$1,031/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $2,750,000 $790 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $21,760/month

86 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Laundry Room
  • Hermosa Valley Elementary School Rated A
  • Built-In Features
  • 2 Car Garage

About This Home

As of February 2023

Sited just four blocks from the Pacific Ocean and downtown Hermosa Beach and offering two spacious units, this unique property on quiet Loma Drive presents a distinctive investment opportunity. The front unit offers 3 bedrooms and 3 baths in 1,586 sf while the rear unit features 3 bedrooms, 3.5 baths in 1,894 sf on a spacious 3,615 square foot lot, with a two-car garage plus extra room for additional parking. Rooftop deck in rear unit with an ocean view! Walkability score is a 98 for this location – perfect for strolling to Pier Avenue, running on the beach, or walking to Hermosa Valley school. Hardwood floors, a cozy living room fireplace, and convenient laundry room are just a few of the amenities that create a charming spot for personal or income use. Combined with an enviable location in the heart of this delightful beach town, this property’s potential presents a special opportunity for a savvy investor and/or homeowner.

Last Agent to Sell the Property

Jennifer Caskey

Compass License #01075946 Listed on: 09/27/2022

Compass

Last Buyer's Agent

David Caskey

eXp Realty of California Inc License #01198999

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,460

Year Built

  • Built in 1979

Lot Details

  • 3,600 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 3,480 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 15 / 1
  • Tax Tract Number 4340
  • Assessor Parcel Number 4187019016

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,460

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 1499500
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4187019016
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Built-in Features
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 790.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3600.00
  • Lot Size Acres: 0.0826

Multi Family

  • Lot Size Area: 3600.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 1
  • Tax Lot: 15
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Jan 17, 2023
Sold by
1086 Loma Drive Llc
Bought by
Nam Yvonne and Sands David
Seller's Agent
Jennifer Caskey
Compass
Buyer's Agent
David Caskey
eXp Realty of California Inc
List Price
$2,999,000
Sold Price
$2,750,000
Premium/Discount to List
-$249,000
-8.3%
Views
23
Current Estimated Value
$3,510,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$760,709
Avg. Annual Appreciation
11.32%
Original Mortgage
$787,500
Outstanding Balance
$759,992
Interest Rate
5.53%
Mortgage Type
New Conventional
Estimated Equity
$2,828,059

Purchase Details

Closed on
May 26, 2016
Sold by
Komick Kim
Bought by
1086 Loma Drive Llc

Purchase Details

Closed on
May 23, 2015
Sold by
Davison Roxana G
Bought by
Komick Kim

Purchase Details

Closed on
Jul 25, 2014
Sold by
Mccormick Pamela
Bought by
Mccormick Pamela and Pamela Mccormick Trust

Purchase Details

Closed on
Jan 24, 2014
Sold by
Phillips John
Bought by
Mccormick Pamela

Purchase Details

Closed on
Jul 25, 2013
Sold by
Davison Roxana G
Bought by
Davison Roxana G and Rabe Joel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 1997
Sold by
Ginsburg Trust Ginsburg Melvyn And Natalie Tr
Bought by
Davison Roxana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,400
Interest Rate
5.25%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Rabe Joel A
Bought by
Davison Roxana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,400
Interest Rate
5.25%
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
Nam Yvonne $2,750,000 Usa National Title
1086 Loma Drive Llc -- Accommodation
Komick Kim $2,300,000 Progressive Title Company
Mccormick Pamela -- None Available
Mccormick Pamela -- None Available
Davison Roxana G -- Title 365 Company
Barkis Marita -- Title365 Company
Davison Roxana G $483,000 Chicago Title Co
Davison Roxana G -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nam Yvonne $787,500
Previous Owner 1086 Loma Drive Llc $780,000
Previous Owner Komick Kim $800,775
Previous Owner Davison Roxana G $634,000
Previous Owner Davison Roxana G $628,000
Previous Owner Davison Roxana G $638,400
Previous Owner Davison Roxana G $90,000
Previous Owner Davison Roxana G $386,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $2,750,000 -8.3% $790 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $2,999,000 0.0% $862 / Sq Ft
07/15/2019 07/15/19 Rented $4,500 0.0% --
07/13/2019 07/13/19 Under Contract -- -- --
06/07/2019 06/07/19 For Rent $4,500 -- --
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 $30,460 $2,861,100 $2,444,940 $416,160
2024 $30,460 $2,805,000 $2,397,000 $408,000
2023 $28,977 $2,669,342 $1,972,994 $696,348
2022 $28,459 $2,617,003 $1,934,308 $682,695
2021 $27,960 $2,565,690 $1,896,381 $669,309
2019 $27,226 $2,489,592 $1,840,134 $649,458
2018 $26,313 $2,440,777 $1,804,053 $636,724
2017 $25,622 $2,346,000 $1,734,000 $612,000
2016 $24,533 $2,300,000 $1,700,000 $600,000
2015 $7,322 $657,624 $474,302 $183,322
2014 $7,058 $644,743 $465,012 $179,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22210208

California Regional Multiple Listing Service (CRMLS)

APN: 4187-019-016