NOT LISTED FOR SALE

123 34th St Hermosa Beach, CA 90254

Estimated Value: $3,715,000 - $5,619,000

5 Beds
3 Baths
2,380 Sq Ft
$1,884/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $2,700,000 $1,134 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $26,796/month

102 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • No HOA
  • Hermosa Valley Elementary School Rated A
  • Main Floor Bedroom
  • Living Room

About This Home

As of February 2018

Prime location, just half a block from the beach! Tear-down with approved plans to build, subject to inspection. Older duplex with a 3-bedroom, 2-bathroom unit upstairs and a 2-bedroom, 1-bathroom unit downstairs. The 2-car garage is assigned to the 3-bdrm unit and the 1-car garage is assigned to the 2-bdrm unit. Amazing opportunity to build a modern Zen dream home, designed by Luis de Moraes of EnviroTechno Architecture.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 10/16/2017

Last Buyer's Agent

William Joseph

Joseph Group License #01934991

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 2,554 Sq Ft Lot
  • 1 Common Wall
  • Tear Down

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Fixer Upper

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Ocean Side of Highway 1
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 4181033020

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

2,554 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: HBR3YY
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4181033020
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2380.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1134.45
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Tear Down
  • Lot Size Sq Ft: 2554.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 6210.02
  • Tax Lot: 7
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Jan 30, 2018
Sold by
Khosla Ravi
Bought by
Meaglia Richard and Meaglia Soledad
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
William Joseph
Joseph Group
List Price
$2,499,000
Sold Price
$2,700,000
Premium/Discount to List
$201,000
8.04%
Current Estimated Value
$4,484,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,784,927
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Oct 14, 2015
Sold by
Khosla Shamita
Bought by
Khosla Ravi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,690,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2015
Sold by
Blom Douglas D
Bought by
Khosla Ravi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,690,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2014
Sold by
Seascape Properties Inc
Bought by
Blom Douglas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 23, 2008
Sold by
Blom Douglas D
Bought by
Seascape Properties Inc

Purchase Details

Closed on
Apr 30, 2007
Sold by
Seascape Properties Inc
Bought by
Blom Douglas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2001
Sold by
Blom Douglas D
Bought by
Seascape Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2001
Sold by
Seascape Properties Inc
Bought by
Blom Douglas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2000
Sold by
Blom Douglas D
Bought by
Seascape Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
8.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2000
Sold by
Hawking Kenneth P
Bought by
Blom Douglas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
8.74%
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
Meaglia Richard $2,700,000 Lawyers Title
Khosla Ravi -- Lawyers Title
Khosla Ravi $2,600,000 Lawyers Title
Blom Douglas D -- Lawyers Title
Seascape Properties Inc -- Accommodation
Blom Douglas D -- Lawyers Title
Seascape Properties Inc -- American Coast Title Co Inc
Blom Douglas D -- North American Title Co
Seascape Properties Inc -- --
Blom Douglas D $825,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khosla Ravi $1,690,000
Previous Owner Blom Douglas D $100,000
Previous Owner Blom Douglas D $800,000
Previous Owner Blom Douglas D $500,000
Previous Owner Blom Douglas D $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2018 02/16/18 Sold $2,700,000 0.0% $1,134 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
11/06/2017 11/06/17 Price Changed $2,700,000 +8.0% $1,134 / Sq Ft
10/16/2017 10/16/17 For Sale $2,499,000 -3.9% $1,050 / Sq Ft
01/13/2016 01/13/16 Sold $2,600,000 -10.3% $1,092 / Sq Ft View Prior Sale
09/21/2015 09/21/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $2,900,000 -- $1,218 / 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 $44,569 $4,244,899 $3,072,136 $1,172,763
2024 $44,569 $4,161,667 $3,011,899 $1,149,768
2023 $40,502 $3,784,210 $2,952,843 $831,367
2022 $39,777 $3,710,011 $2,894,945 $815,066
2021 $39,078 $3,637,267 $2,838,182 $799,085
2019 $29,953 $2,754,000 $2,733,600 $20,400
2018 $29,026 $2,705,040 $2,653,020 $52,020
2016 $11,253 $1,029,539 $811,155 $218,384
2015 $11,040 $2,090,959 $1,733,966 $356,993
2014 $10,700 $994,212 $783,321 $210,891
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17237220

California Regional Multiple Listing Service (CRMLS)

APN: 4181-033-020

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