NOT LISTED FOR SALE

Estimated Value: $3,985,302 - $4,298,000

4 Beds
4.5 Baths
2,610 Sq Ft
$1,573/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $3,085,000 $1,182 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $22,111/month

256 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Corner Lot
  • Hermosa Valley Elementary School Rated A
  • Retreat
  • Walk-In Pantry

About This Home

As of January 2020

Sheer Sophistication.

2 new 2,650sf, 4 bedroom, 4.5 bath townhomes are towers of perfection with shining glass and warm Beechwood, designed by Daryl Olesinski of renowned O + L Building projects studio. On the lowest level you’ll find one of 4 luxe bedrooms and a downstairs rec room. You could take the elevator, but try the elegantly crafted stairs. Smooth wide plank oak flooring adds elegance. Upstairs, glass walls enhance the master suite with enticing views. Designed with light beech wood, oak and Carerra marble, the master is sleek and romantic. A TV space is cleverly configured into the wall. The master bath is separated by a free-standing screen. Bathe in the beautiful tub or shower in style. The top floor is entertainment central with huge windows revealing ocean and PV views. 10-foot glass doors slide to induce a seamless flow between the great room and the covered outdoor deck for any kind of gathering you can imagine. Not even a block’s walk to some of the best restaurants in Hermosa Beach, you’d probably dine out every night if the kitchen weren’t a picture of artistry with top of the line stainless steel appliances. The 2nd townhouse is all that—AND a rooftop deck to watch the sunsets. Close to everything, you are at the heart of Hermosa life.

Last Agent to Sell the Property

Bryn Stroyke

Bayside License #00855690 Listed on: 04/02/2019

Last Buyer's Agent

Robert Freedman

DOMO Real Estate License #00711607

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019

Lot Details

  • 3,006 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $227 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,610 Sq Ft Home
  • Living Room with Fireplace
  • Ocean Views
  • Walk-In Pantry
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1076
  • Assessor Parcel Number 4188008066

Townhouse Details

Home Type

Townhome

Year Built

Built in 2019

Lot Details

0

HOA Fees

$227 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: HBR3YY
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4188008066
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2610.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1181.99
  • Room Type: Basement, Kitchen, Living Room, Retreat, Walk-In Pantry

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 227.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3006.00
  • Lot Size Acres: 0.0690

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3006.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6211.04
  • Tax Lot: 1
  • Tax Tract Number: 1076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jan 2, 2020
Sold by
121 2Nd Street Llc
Bought by
Musngi Edgar and Bacchus Soroya
Seller's Agent
Bryn Stroyke
Bayside
Buyer's Agent
Robert Freedman
DOMO Real Estate
List Price
$3,175,000
Sold Price
$3,085,000
Premium/Discount to List
-$90,000
-2.83%
Current Estimated Value
$3,642,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,856
Avg. Annual Appreciation
4.86%
Original Mortgage
$2,464,000
Outstanding Balance
$2,116,331
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,990,436

Purchase Details

Listed on
Nov 8, 2014
Closed on
Jun 5, 2015
Sold by
Frederiksen Peter M and Frederiksen Judith S
Bought by
121 2Nd Street Llc
Seller's Agent
Aaron Klapper
eXp Realty of California, Inc.
Buyer's Agent
Patrick Panzarella
Vista Sotheby’s International Realty
List Price
$2,300,000
Sold Price
$2,150,000
Premium/Discount to List
-$150,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Parker Margery I
Bought by
Frederiksen Peter M and Frederiksen Judith S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,397,000
Interest Rate
3.65%
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
Musngi Edgar $3,085,000 Usa National Title Company
121 2Nd Street Llc -- None Available
Frederiksen Peter M $2,150,000 Usa National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musngi Edgar $2,464,000
Previous Owner Frederiksen Peter M $1,397,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2020 01/17/20 Sold $3,085,000 -2.8% $1,182 / Sq Ft
01/16/2020 01/16/20 Price Changed $3,175,000 0.0% $1,216 / Sq Ft
01/16/2020 01/16/20 For Sale $3,175,000 0.0% $1,216 / Sq Ft
10/09/2019 10/09/19 Price Changed $3,175,000 -3.6% $1,216 / Sq Ft
08/05/2019 08/05/19 Price Changed $3,295,000 -4.4% $1,262 / Sq Ft
06/25/2019 06/25/19 Price Changed $3,445,000 -4.2% $1,320 / Sq Ft
05/28/2019 05/28/19 Price Changed $3,595,000 -1.5% $1,377 / Sq Ft
04/02/2019 04/02/19 For Sale $3,650,000 +69.8% $1,398 / Sq Ft
04/06/2015 04/06/15 Sold $2,150,000 -6.5% $646 / Sq Ft View Prior Sale
12/04/2014 12/04/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $2,300,000 -- $691 / 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 $35,598 $3,373,894 $710,868 $2,663,026
2024 $35,598 $3,307,740 $696,930 $2,610,810
2023 $34,858 $3,242,883 $683,265 $2,559,618
2022 $34,232 $3,179,298 $669,868 $2,509,430
2021 $33,594 $3,116,960 $656,734 $2,460,226
2020 $30,875 $2,850,000 $855,000 $1,995,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19073415

California Regional Multiple Listing Service (CRMLS)

APN: 4188-008-068