Seller's Agent in 2021
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
10 in this area
152 Total Sales
113 Monterey Blvd Hermosa Beach, CA 90254
Estimated Value: $3,900,000 - $4,785,000
7
Beds
7
Baths
3,288
Sq Ft
$1,314/Sq Ft
Est. Value
Highlights
- Laundry Room
- Hermosa Valley Elementary School Rated A
- Rectangular Lot
About This Home
As of May 2021113 Monterey Blvd is a turnkey 4-unit building located in the highly sought-after Sand Section of Hermosa Beach. The building was built in 1969 and consists of 3,288 SF of living space situated on a 2,999 SF lot. 113 Monterey Boulevard offers a great unit mix consisting of (3) 2-bed/2-bath units & (1) 1-bed/1-bath unit and has been recently renovated with top-of-the-line upgrades. The property also features an on-site laundry facility and (7) total parking spaces - (2) two-car garages & (3) tandem parking spaces. Located just steps from The Strand in one of the most desirable rental markets in California, this is a perfect opportunity for a yield-focused investor looking to purchase an A+ asset.
Last Agent to Sell the Property
Lyon Stahl Investment Real Est License #01399621 Listed on: 10/27/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $40,842
Year Built
- Built in 1969
Lot Details
- 2,999 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Parking
- 3 Open Parking Spaces
- 4 Car Garage
Home Design
- 3,288 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 25
- Tax Tract Number 1123
- Assessor Parcel Number 4188013055
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,062
- Maintenance Expense $5,544
- Other Expense $2,870
- New Taxes Expense $39,847
- Operating Expense $50,323
- Gross Income $179,256
- Net Operating Income $128,933
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2020
Closed on
Apr 7, 2021
Sold by
Nguyen Daniel F and Nguyen Lisa E
Bought by
Duncan Corp Inc
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
List Price
$3,650,000
Sold Price
$3,550,000
Premium/Discount to List
-$100,000
-2.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,501
Avg. Annual Appreciation
4.22%
Purchase Details
Closed on
Feb 22, 2021
Sold by
Buena Vista Partners Llc and Nguyen Daniel F
Bought by
Daniel F Nguyen And Lisa E Nguyen Revocable L and Nguyen
Purchase Details
Closed on
Jan 21, 2021
Sold by
Nguyen Daniel F and Nguyen Lisa E
Bought by
Buena Vista Monterey Lp
Purchase Details
Closed on
Jan 11, 2021
Sold by
Buena Vista Partners Llc and Nguyen Daniel F
Bought by
Buena Vista Monterey Lp
Purchase Details
Listed on
Jan 10, 2017
Closed on
Jan 31, 2017
Sold by
Sines William M
Bought by
Nguyen Daniel F and Nguyen Lisa E
Seller's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$2,275,000
Sold Price
$2,150,000
Premium/Discount to List
-$125,000
-5.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$1,497,300
Interest Rate
4.17%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duncan Corp Inc | $3,550,000 | Usa National Title Company | |
| Duncan Corp | $3,550,000 | Usa National Title Company | |
| Daniel F Nguyen And Lisa E Nguyen Revocable L | -- | None Listed On Document | |
| Daniel F Nguyen And Lisa E Nguyen Revocable L | -- | None Listed On Document | |
| Buena Vista Monterey Lp | -- | None Available | |
| Buena Vista Monterey Lp | -- | None Listed On Document | |
| Buena Vista Monterey Lp | -- | None Listed On Document | |
| Nguyen Daniel F | $2,139,000 | Progressive Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nguyen Daniel F | $1,497,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2021 05/10/21 | Sold | $3,550,000 | -2.7% | $1,080 / Sq Ft |
| 03/26/2021 03/26/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $3,650,000 | 0.0% | $1,110 / Sq Ft |
| 02/04/2021 02/04/21 | Pending | -- | -- | -- |
| 01/11/2021 01/11/21 | Price Changed | $3,650,000 | -3.7% | $1,110 / Sq Ft |
| 10/27/2020 10/27/20 | For Sale | $3,790,000 | +76.3% | $1,153 / Sq Ft |
| 03/28/2017 03/28/17 | Sold | $2,150,000 | -5.5% | $654 / Sq Ft |
| 01/25/2017 01/25/17 | Pending | -- | -- | -- |
| 01/10/2017 01/10/17 | For Sale | $2,275,000 | -- | $692 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $40,842 | $3,842,633 | $2,976,688 | $865,945 |
| 2024 | $40,842 | $3,767,288 | $2,918,322 | $848,966 |
| 2023 | $39,996 | $3,693,420 | $2,861,100 | $832,320 |
| 2022 | $39,280 | $3,621,000 | $2,805,000 | $816,000 |
| 2021 | $25,490 | $2,313,410 | $1,897,797 | $415,613 |
| 2020 | $25,344 | $2,289,690 | $1,878,338 | $411,352 |
| 2019 | $24,824 | $2,225,415 | $1,841,508 | $383,907 |
| 2018 | $23,807 | $2,181,780 | $1,805,400 | $376,380 |
| 2016 | $3,005 | $212,030 | $98,765 | $113,265 |
| 2015 | $2,955 | $208,846 | $97,282 | $111,564 |
| 2014 | $2,723 | $204,756 | $95,377 | $109,379 |
Source: Public Records
Agents Affiliated with this Home
-
Woody Stahl
-
Brett Lyon
Seller Co-Listing Agent in 2021
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
11 in this area
143 Total Sales
-
Austin Zahn
Buyer's Agent in 2021
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
(310) 613-1251
5 in this area
62 Total Sales
-
Johnnie Stiegler
Seller's Agent in 2017
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
1 in this area
89 Total Sales
-
Ed Kaminsky
Buyer's Agent in 2017
Ed Kaminsky
eXp Realty of California, Inc
(310) 465-3993
33 in this area
504 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20225858
APN: 4188-013-055
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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