$1,262,000
SOLD MAR 18, 2024

1101 19th St Hermosa Beach, CA 90254

2 Beds
2 Baths
1,197 Sq Ft
2,512 Sq Ft Lot

Recently Sold

$1,054 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Park or Greenbelt View
  • Corner Lot
  • No HOA
  • Hermosa View Elementary School Rated A
  • Private Yard
  • Laundry Room

About This Home

As of March 2024

Duplex in highly desirable Hermosa Beach. Attention investors and developers. Two 1-bedroom with 1-bathroom units. Units are a mirror of each other. Entry into the family room. Dining area off the kitchen. Laminate flooring throughout. Common area laundry room in the back shared by both units. Washer and dryer owned and included in sale. Each unit has a 1-car garage. Property is across the street from Sea View Park, one block from Hermosa Valley School and couple of blocks from Mira Costa High School.

Last Agent to Sell the Property

Todd Slatcher

Jamison Management Company Brokerage Phone: 310-897-0224 License #01456645 Listed on: 02/02/2024

Last Buyer's Agent

George Andrews

George Andrews, Broker License #02053178

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,907

Year Built

  • Built in 1956

Lot Details

  • 2,512 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Corner Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,197 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Vinyl Flooring
  • Park or Greenbelt Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 179
  • Assessor Parcel Number 4184007027

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $2,182
  • Gardener Expense $1,200
  • Insurance Expense $1,396
  • Maintenance Expense $1,164
  • Supplies Expense $200
  • Trash Expense $477
  • Water Sewer Expense $830
  • New Taxes Expense $9,274
  • Operating Expense $16,723
  • Gross Income $45,000
  • Net Operating Income $28,277

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,907

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 2.22
  • Inclusions: washer and dryer
  • Price Per Unit: 644000
  • Property Attached: Yes
  • Supplies Expense: 200.00
  • View: Yes
  • Water Sewer Expenses: 830.00
  • Zoning: HBR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4184007027
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Sidewalk
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1054.30
  • Room Type: Family Room, Kitchen

Exterior Features

  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 477.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Yard
  • Lot Size Sq Ft: 2512.00
  • Lot Size Acres: 0.0577

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Fuel Expense: 2182.00
  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 1396.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2512.0000 Square Feet
  • Maintenance Expense: 1164.00
  • Net Operating Income: 28277.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 16723.00
  • Rent Control: Yes
  • Total Actual Rent: 3750.00
  • Total Expenses: 16723.00

Tax Info

  • New Taxes Expense: 9274.00
  • Tax Census Tract: 6210.01
  • Tax Lot: 179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Feb 28, 2024
Sold by
L D Lincoln Trust
Bought by
Andrews George C and Andrews Chloe E
Seller's Agent
Todd Slatcher
Jamison Management Company
Buyer's Agent
George Andrews
George Andrews, Broker
List Price
$1,288,000
Sold Price
$1,262,000
Premium/Discount to List
-$26,000
-2.02%
Total Days on Market
9
Views
30
Current Estimated Value
$1,522,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,703
Avg. Annual Appreciation
16.94%
Original Mortgage
$1,239,142
Outstanding Balance
$1,223,290
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$299,413

Purchase Details

Closed on
Apr 17, 2008
Sold by
Lincoln Lawrence Dale
Bought by
Lincoln Lawrence Dale and L D Lincoln Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2008
Sold by
Lincoln Lawrence Dale and L D Lincoln Trust
Bought by
Lincoln Lawrence Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2001
Sold by
Lincoln Lawrence Dale
Bought by
Lincoln Lawrence Dale and L D Lincoln Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.98%

Purchase Details

Closed on
Feb 22, 2001
Sold by
Trust Lincoln Lawrence D Tr L D Lincoln
Bought by
Lincoln Lawrence Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.98%
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 Type Sale Price Title Company
Grant Deed $1,262,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,239,142 FHA
Previous Owner $245,415 New Conventional
Previous Owner $310,000 New Conventional
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $1,262,000 -2.0% $1,054 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $1,288,000 -- $1,076 / 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
2024 $13,907 $1,262,000 $1,100,000 $162,000
2023 $1,652 $107,367 $70,206 $37,161
2022 $1,624 $105,263 $68,830 $36,433
2021 $1,665 $103,200 $67,481 $35,719
2019 $1,628 $100,141 $65,481 $34,660
2018 $1,542 $98,179 $64,198 $33,981
2016 $1,464 $94,368 $61,706 $32,662
2015 $1,440 $92,952 $60,780 $32,172
2014 $1,297 $91,132 $59,590 $31,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24024130

California Regional Multiple Listing Service (CRMLS)

APN: 4184-007-027