NOT LISTED FOR SALE

124 Lyndon St Hermosa Beach, CA 90254

Estimated Value: $2,434,000 - $3,523,085

4 Beds
4 Baths
2,098 Sq Ft
$1,408/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $2,400,000 $1,144 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $17,902/month

15 Days on Market

Highlights

  • Ocean View
  • Dual Staircase
  • No HOA
  • Hermosa Valley Elementary School Rated A
  • Main Floor Bedroom
  • Breakfast Area or Nook

About This Home

As of July 2022

OPPORTUNITY KNOCKS TWICE . . . MAYBE 3 TIMES! This Duplex is just one block from the beach. Property zoned RP so may have possibility to build 3 units (BTV). The front unit has 3 bedrooms and 3 bathrooms with the entrance on Lyndon (address: 124 Lyndon). The second unit is a 1 bedroom and 1 bathroom with the entrance on Herondo St (address: 125 Herondo). There are 2 structures separated by a courtyard. AMAZING LOCATION .... close to all Redondo Beach has to offer - the beach, the bike path, shopping and dining! So many possibilities for an owner user, investment opportunity or to build new! Bring your Buyers.

Last Agent to Sell the Property

Carla Hoffman

Vista Sotheby’s International Realty License #01993942 Listed on: 04/20/2022

Vista Sotheby’s International Realty

Last Buyer's Agent

Kathy Siegel

Vista Sotheby’s International Realty License #01877303

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,684

Year Built

  • Built in 1961

Lot Details

  • 3,294 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Tandem Garage

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Duplex
  • Fixer Upper

Interior Spaces

  • 2,098 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Formal Dining Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Brick Porch or Patio

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 6 / 42
  • Tax Tract Number 4340
  • Assessor Parcel Number 4188015041

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,684

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Maintained
  • View: Yes
  • Zoning: RP
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4188015041
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2098.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Separated
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1143.95
  • Room Type: Main Floor Bedroom
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Ocean
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Tandem Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3294.00
  • Lot Size Acres: 0.0756

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3294.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 42
  • Tax Lot: 6
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jul 13, 2022
Sold by
Farrah Jaber
Bought by
Harb Ayman
Seller's Agent
Carla Hoffman
Vista Sotheby’s International Realty
Buyer's Agent
Kathy Siegel
Vista Sotheby’s International Realty
List Price
$2,699,000
Sold Price
$2,400,000
Premium/Discount to List
-$299,000
-11.08%
Current Estimated Value
$2,954,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,271
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
May 10, 2022
Sold by
Frank Trust
Bought by
Harb Abed and Harb Ayman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,700
Interest Rate
5.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Harb Ayman -- Usa National Title
Harb Abed -- Usa National Title
Harb Abed $2,400,000 Usa National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harb Abed $828,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $2,400,000 -11.1% $1,144 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $2,699,000 -- $1,286 / 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 $26,684 $2,496,960 $2,288,880 $208,080
2024 $26,684 $2,448,000 $2,244,000 $204,000
2023 $26,134 $2,400,000 $2,200,000 $200,000
2022 $4,771 $384,667 $187,642 $197,025
2021 $4,641 $377,125 $183,963 $193,162
2020 $2,317 $373,259 $182,077 $191,182
2019 $4,526 $365,941 $178,507 $187,434
2018 $4,339 $358,766 $175,007 $183,759
2016 $4,115 $344,836 $168,212 $176,624
2015 $3,971 $339,657 $165,686 $173,971
2014 $3,844 $333,005 $162,441 $170,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22080898

California Regional Multiple Listing Service (CRMLS)

APN: 4188-015-041