1221 Hermosa Ave Hermosa Beach, CA 90254
Estimated Value: $25,376,180
Studio
--
Bath
24,860
Sq Ft
$1,021/Sq Ft
Est. Value
About This Home
This home is located at 1221 Hermosa Ave, Hermosa Beach, CA 90254 and is currently estimated at $25,376,180, approximately $1,020 per square foot. 1221 Hermosa Ave is a home located in Los Angeles County with nearby schools including Hermosa Valley Elementary School, Hermosa View Elementary School, and Our Lady of Guadalupe School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 1, 2019
Sold by
Street Retail West 4 Lp
Bought by
1221 Hermosa Avenue Llc
Current Estimated Value
Purchase Details
Closed on
Sep 1, 2017
Sold by
Oghig
Bought by
Spher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%
Purchase Details
Closed on
Jun 10, 1997
Sold by
Newfield Michael R
Bought by
Street Retail West 4 Lp
Purchase Details
Closed on
May 21, 1996
Sold by
Newfield Michael R
Bought by
The Michael R Newfield 1996 Intervivos T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1221 Hermosa Avenue Llc | $18,000,000 | Old Republic Title Company | |
| Spher | -- | -- | |
| Street Retail West 4 Lp | -- | Old Republic Title Company | |
| The Michael R Newfield 1996 Intervivos T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Spher | -- | |
| Closed | 1221 Hermosa Avenue Llc | $0 |
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 | $210,861 | $19,685,627 | $7,655,521 | $12,030,106 |
| 2024 | $210,861 | $19,299,635 | $7,505,413 | $11,794,222 |
| 2023 | $206,637 | $18,921,212 | $7,358,249 | $11,562,963 |
| 2022 | $202,972 | $18,550,209 | $7,213,970 | $11,336,239 |
| 2021 | $201,905 | $18,186,480 | $7,072,520 | $11,113,960 |
| 2019 | $34,293 | $2,395,121 | $901,785 | $1,493,336 |
| 2018 | $33,247 | $2,348,158 | $884,103 | $1,464,055 |
| 2016 | $31,548 | $2,256,978 | $849,773 | $1,407,205 |
| 2015 | $26,252 | $2,223,077 | $837,009 | $1,386,068 |
| 2014 | $25,422 | $2,179,531 | $820,614 | $1,358,917 |
Source: Public Records
Map
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