Seller's Agent in 2012
Jon Coleman
Beach City Brokers
(310) 991-0929
9 in this area
16 Total Sales
1157 7th St Hermosa Beach, CA 90254
Estimated Value: $1,556,000 - $1,940,000
3
Beds
2
Baths
1,273
Sq Ft
$1,322/Sq Ft
Est. Value
Highlights
- Ocean View
- Contemporary Architecture
- Wood Flooring
- Hermosa View Elementary School Rated A
- Cathedral Ceiling
- 3-minute walk to Fort Lots of Fun Park
About This Home
As of April 2012This is a wonderful remodeled and updated duplex with ocean views, which is located on a great Hermosa Hills family street. The front unit is a 1 bedroom, 1 bath which has been completely remodeled and has a nice ocean view with lots of windows. There is an island kitchen w/ Corian counters, Thomasville cabinetry and newer appliances. There are nicely refinished hardwood floors and wood beamed cathedral ceilings. The rear unit is a 2 bedroom, 1 bath which has also updated and has refinished hardwood floors and cathedral beamed ceilings This unit has a fully landscaped private rear yard area. Each unit has it's own oversized garage which is very deep, each with their own laundry and storage. This property is pin sharp, very well maintained/updated and the perfect owner/user building. Live in one unit and have the rent from the other help reduce the payments. This property is a great opportunity
Last Agent to Sell the Property
Beach City Brokers License #00808758 Listed on: 04/20/2010
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 2,500 Sq Ft Lot
- No Common Walls
- Private Yard
Parking
- 2 Car Garage
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 1,273 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Fireplace
- Living Room
- Wood Flooring
- Ocean Views
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 17
- Assessor Parcel Number 4160032011
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $3,450
- Net Operating Income $28,620
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 6, 2019
Sold by
Manners Alexander J and Liu Sally S
Bought by
Manners Alexander J and Liu Sally S
Current Estimated Value
Purchase Details
Listed on
Apr 20, 2010
Closed on
Mar 29, 2012
Sold by
Terzian Michael
Bought by
Manners Alexander J and Liu Sally S
Seller's Agent
Jon Coleman
Beach City Brokers
Buyer's Agent
Jerry Carew
REMAX AEGIS
List Price
$849,000
Sold Price
$737,000
Premium/Discount to List
-$112,000
-13.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$432,000
Outstanding Balance
$298,387
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$1,384,098
Purchase Details
Closed on
Jul 23, 2005
Sold by
Lawler Timothy and Lawler Jean M
Bought by
Terzian Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 15, 2005
Sold by
Terzian Kimberly
Bought by
Terzian Mike
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 13, 2003
Sold by
Lawler Timothy and Lawler Jean M
Bought by
Lawler Timothy and Lawler Jean M
Purchase Details
Closed on
Jul 23, 2003
Sold by
Lawler Timothy and Lawler Jean M
Bought by
Lawler Timothy and Lawler Jean M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 2003
Sold by
Kokor Steven
Bought by
Lawler Kathleen E and Lawler Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 2, 2002
Sold by
Schlendering Steve M
Bought by
Kokor Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.25%
Purchase Details
Closed on
May 22, 2000
Sold by
Peralta William and Peralta Betty
Bought by
Schlendering Steve M
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Manners Alexander J | -- | None Available | |
| Manners Alexander J | $737,000 | Provident Title Company | |
| Terzian Michael | $988,000 | Lawyers Title Company | |
| Terzian Mike | -- | Lawyers Title Company | |
| Lawler Timothy | -- | -- | |
| Lawler Timothy | -- | -- | |
| Lawler Timothy | -- | -- | |
| Lawler Timothy | -- | -- | |
| Lawler Kathleen E | $634,000 | Gateway Title Company | |
| Kokor Steven | $525,000 | First American Title Co | |
| Schlendering Steve M | $166,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manners Alexander J | $432,000 | |
| Previous Owner | Terzian Michael | $450,000 | |
| Previous Owner | Lawler Kathleen E | $507,200 | |
| Previous Owner | Kokor Steven | $472,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2012 04/06/12 | Sold | $737,000 | -13.2% | $579 / Sq Ft |
| 03/05/2012 03/05/12 | Pending | -- | -- | -- |
| 04/20/2010 04/20/10 | For Sale | $849,000 | -- | $667 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $10,148 | $925,704 | $753,629 | $172,075 |
| 2024 | $10,148 | $907,553 | $738,852 | $168,701 |
| 2023 | $9,945 | $889,759 | $724,365 | $165,394 |
| 2022 | $9,767 | $872,313 | $710,162 | $162,151 |
| 2021 | $9,648 | $855,210 | $696,238 | $158,972 |
| 2019 | $9,399 | $829,845 | $675,588 | $154,257 |
| 2018 | $9,070 | $813,575 | $662,342 | $151,233 |
| 2016 | $8,628 | $781,984 | $636,623 | $145,361 |
| 2015 | $8,465 | $770,239 | $627,061 | $143,178 |
| 2014 | $8,177 | $755,152 | $614,778 | $140,374 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Coleman
-
Jerry Carew
Buyer's Agent in 2012
Jerry Carew
REMAX AEGIS
(310) 714-1416
7 in this area
110 Total Sales
-
Rebecca Jones
R
Buyer Co-Listing Agent in 2012
Rebecca Jones
Beach City Brokers
(310) 540-0072
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S10042962
APN: 4160-032-011
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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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