$4,085,000
SOLD AUG 13, 2020

123 29th St Hermosa Beach, CA 90254

5 Beds
5 Baths
3,669 Sq Ft
2,425 Sq Ft Lot

Recently Sold

$1,113 Per Sq Ft

3% Below List Price

61 Days on Market

Highlights

  • Ocean View
  • Roof Top Spa
  • Primary Bedroom Suite
  • Hermosa Valley Elementary School Rated A
  • Wine Cellar
  • Open Floorplan

About This Home

As of August 2020

Less than a block to the beach & situated on a corner between two of the South Bay’s hottest urban beach communities - Hermosa & Manhattan, this custom-built haven is also an incredible income opportunity for long and short term rentals. Enjoy the bike/walk/surf community that so many locals love about this neighborhood with sweeping views from Palos Verdes to Malibu!

The super private bottom-level apartment offers its own entry, separate bedroom, kitchen, living space & patio with direct access to the completely refinished 3-car garage which has an electric car hook-up as well as extra parking for up to 2 cars in front for guests. Additionally, 3 levels of luxurious space offers completely owned solar panels with new inverter, wiring for media throughout, 5 bedrooms (4 of which are on the same level), 5 bathrooms & an airy office wing with a view of the sand. Entertain your guests in a bright, open kitchen & separate wet bar, spacious astroturfed rooftop deck featuring television, sink & countertop for hosting summer parties, & an 8-person jacuzzi which provides the perfect seat to catch the sunset at the end of the day. Now is the time to get the best deal in town & put down roots in one of the most sought after neighborhoods in the South Bay!

Last Agent to Sell the Property

America Michael

Compass License #01902672 Listed on: 05/24/2020

Compass

Last Buyer's Agent

Don Sisson

Condor Realty License #00498524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,599

Year Built

  • Built in 2003

Lot Details

  • 2,425 Sq Ft Lot
  • Wood Fence
  • Stucco Fence
  • Fence is in good condition
  • Corner Lot
  • Front and Side Yard Sprinklers
  • Property is zoned HBR3YY

Parking

  • 3 Car Direct Access Garage
  • 2 Open Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener
  • Parking Lot

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,669 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Bonus Room
  • Ocean Views

Kitchen

  • Dumbwaiter
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • <<convectionOvenToken>>
  • Six Burner Stove
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • <<microwave>>
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 5 Full Bathrooms
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • <<bathWSpaHydroMassageTubToken>>
  • <<tubWithShowerToken>>
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Roof Top Spa
  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Living Room Balcony
  • Open Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7 / 106
  • Tax Tract Number 6210
  • Assessor Parcel Number 4181028007

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,599

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: Yes
  • Zoning: HBR3YY
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4181028007
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3669.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Partial, Crown Molding, Dumbwaiter, Granite Counters, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Wet Bar, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: French Doors, Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1113.38
  • Room Type: Bonus Room, Family Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Walk-In Closet, Wine Cellar
  • Spa Features: Private, Above Ground, Heated, Roof Top
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Jetted Tub, Separate Tub And Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Ocean
  • Fence: Yes
  • Fencing: Good Condition, Stucco Wall, Wood
  • Patio And Porch Features: Deck, Patio, Patio Open, Front Porch, Roof Top
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 5.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Garage, Garage - Two Door, Garage Door Opener, Parking Space, Private, Side by Side
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas & Electric Range, Gas Range, Microwave, Range Hood, Refrigerator, Trash Compactor, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 2425.00
  • Lot Size Acres: 0.0557

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2425.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 106
  • Tax Census Tract: 6210.04
  • Tax Lot: 7
  • Tax Tract Number: 6210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Jacobs Dana and Jacobs Jennie
Bought by
Jacobs Dana and Jacobs Jennie
Current Estimated Value
$5,783,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,240,514
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$3,899,012

Purchase Details

Listed on
May 24, 2020
Closed on
Jul 27, 2020
Sold by
Wallrapp Mark Gary and The Mark Gary Wallrapp Living
Bought by
Jacobs Dana and Jacobs Jennie
Seller's Agent
America Michael
Compass
Buyer's Agent
Don Sisson
Condor Realty
List Price
$4,195,000
Sold Price
$4,085,000
Premium/Discount to List
-$110,000
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Listed on
May 24, 2020
Closed on
Jun 17, 2020
Sold by
Wallrapp Gary G and Wallrapp Dorothy A
Bought by
Wallrapp Mark Gary and The Mark Gary Wallrapp Living
Seller's Agent
America Michael
Compass
Buyer's Agent
Don Sisson
Condor Realty
List Price
$4,195,000
Sold Price
$4,085,000
Premium/Discount to List
-$110,000
-2.62%

Purchase Details

Closed on
May 20, 2016
Sold by
Wallrapp Mark G
Bought by
Wallrapp Mark Gary and The Mark Gary Wallrapp Living Trust

Purchase Details

Listed on
Oct 30, 2014
Closed on
Feb 25, 2015
Sold by
Handzus Michal
Bought by
Wallrapp Mark G and Wallrapp Gary G
Seller's Agent
June Emerson
Vista Sotheby’s International Realty
Buyer's Agent
Diana Turner
Vista Sotheby’s International Realty
List Price
$4,199,000
Sold Price
$4,085,000
Premium/Discount to List
-$114,000
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.04%
Original Mortgage
$2,940,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2007
Sold by
Williams Monte
Bought by
Handzus Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2004
Sold by
Peh Custom Homes Ltd
Bought by
Williams Monte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 25, 2002
Sold by
Pacific Real Estate Ventures Inc
Bought by
Peh Custom Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2002
Sold by
Welch Charles S and Welch Desaree
Bought by
Pacific Real Estate Ventures Inc and Pacific Estate Homes Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,081,000
Interest Rate
6.22%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 21, 1999
Sold by
Pese Trust Sanwa Bank California Tr Willard P and Will Of Edith Q Pease
Bought by
Welch Charles S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
4.35%
Source: Public Records

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Range of Values:

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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
Interfamily Deed Transfer -- Mortgage Connect Lp
Grant Deed $4,085,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $4,085,000 Lawyers Title
Quit Claim Deed -- Lawyers Title
Grant Deed $3,700,000 Commonwealth Land Title Co
Grant Deed $1,575,000 Chicago Title
Grant Deed -- Chicago Title Co
Individual Deed $675,000 Chicago Title Co
Grant Deed $605,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 New Conventional
Previous Owner $630,000 Unknown
Previous Owner $2,940,000 New Conventional
Previous Owner $2,000,000 New Conventional
Previous Owner $2,400,000 Purchase Money Mortgage
Previous Owner $1,600,000 Unknown
Previous Owner $175,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $800,000 Purchase Money Mortgage
Previous Owner $120,000 Unknown
Previous Owner $1,081,000 Construction
Previous Owner $484,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $4,085,000 -2.6% $1,113 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
05/24/2020 05/24/20 For Sale $4,195,000 0.0% $1,143 / Sq Ft
03/19/2017 03/19/17 Rented $13,000 -13.0% --
03/09/2017 03/09/17 Price Changed $14,950 -6.6% $4 / Sq Ft
01/25/2017 01/25/17 For Rent $16,000 0.0% --
04/02/2015 04/02/15 Sold $4,085,000 -2.7% $1,114 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $4,199,000 -- $1,145 / 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 $46,599 $4,335,034 $3,926,469 $408,565
2023 $45,629 $4,250,034 $3,849,480 $400,554
2022 $44,811 $4,166,700 $3,774,000 $392,700
2021 $43,977 $4,085,000 $3,700,000 $385,000
2020 $48,404 $4,489,161 $3,141,865 $1,347,296
2019 $47,396 $4,401,139 $3,080,260 $1,320,879
2018 $45,861 $4,314,843 $3,019,863 $1,294,980
2016 $43,609 $4,147,295 $2,902,599 $1,244,696
2015 $42,411 $4,043,783 $3,278,745 $765,038
2014 $38,951 $3,724,000 $3,020,000 $704,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20099195

California Regional Multiple Listing Service (CRMLS)

APN: 4181-028-007