NOT LISTED FOR SALE

1257 Bonnie Brae St Hermosa Beach, CA 90254

Estimated Value: $1,828,786 - $2,861,000

2 Beds
2.5 Baths
2,691 Sq Ft
$799/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $1,995,000 $741 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $12,105/month

7 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Main Floor Primary Bedroom
  • Hermosa View Elementary School Rated A
  • Roof Top Spa
  • No HOA

About This Home

As of June 2024

This ocean view duplex presents a rare opportunity for owner occupants to live in the larger unit while collecting income from renting the second unit. For investors, this easy-to-manage duplex offers steady passive income and the historically proven long-term appreciation potential of coastal Southern California property. Located on the bluff above Hermosa Beach, this property features peekaboo ocean views from the owner’s unit living room and full coastline, blue water, and city lights views from the roof deck. Despite its bluff location, the property is still just a short walk from the beach and the dining and entertainment on Pier Avenue. The kitchen and great room of the owner’s unit have been remodeled including a gourmet chef’s kitchen with premium appliances and a large island with a wine fridge and warming drawer. The open concept greatroom layout is perfect for entertaining and there is plenty of space for guests to spread out between two outdoor balcony decks plus the large roof deck. The rooftop hot tub is especially epic, offering superb ocean views. This unit also features a large primary bedroom with walk-in closet, ensuite bathroom, and direct backyard access via a sliding door. A separate indoor laundry room and a two car garage (plus driveway guest space) round out a unique feature set that makes this property especially well-suited to high-end corporate rental tenants or owner occupants. The second unit has a great floorplan including a kitchen, dining room, a living room with fireplace, and a large bedroom with spacious closets. This unit has a separate entrance on the opposite side of the property from the owner’s unit, plus a private outdoor deck and private laundry located in the garage. Unit dimensions are estimated to be approximately 1946sf in the owner’s unit and 745sf in the second unit. There are a total of 4 off-street parking spaces: two in the garage, one in the driveway next to the garage (currently assigned to the tenant in unit two), and a 4th guest space in the driveway in front of the garage. One water meter, two gas meters, and two electric meters.

Last Agent to Sell the Property

Markus Brown

First Team Real Estate Brokerage Phone: 714-299-3400 License #01441782 Listed on: 05/23/2024

First Team Real Estate

Last Buyer's Agent

Markus Brown

First Team Real Estate Brokerage Phone: 714-299-3400 License #01441782 Listed on: 05/23/2024

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,710

Year Built

  • Built in 1952

Lot Details

  • 3,796 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • Ocean
  • Coastline

Home Design

  • Duplex

Interior Spaces

  • 2,691 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Additional Homes

  • Two Homes on a Lot
  • Attached Guest House

Additional Features

  • Roof Top Spa
  • Central Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 9 / 2
  • Tax Tract Number 621
  • Assessor Parcel Number 4185014039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,710

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4185014039
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2691.00 Square Feet
  • Stories: 3
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 741.36
  • Room Type: Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: Private, Roof Top

Exterior Features

  • Other Structures: Guest House Attached, Two On A Lot
  • View: Coastline, Ocean
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3796.00
  • Lot Size Acres: 0.0871
  • Latitude Manual: 33.86438300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3796.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 2
  • Tax Lot: 9
  • Tax Tract Number: 621...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 17, 2024
Sold by
Deborah L Jury Revocable Trust and Jury Deborah L
Bought by
Caceres Jorge A and Caceres George
Seller's Agent
Markus Brown
First Team Real Estate
Buyer's Agent
Markus Brown
First Team Real Estate
List Price
$1,995,000
Sold Price
$1,995,000
Views
21
Current Estimated Value
$2,150,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,947
Avg. Annual Appreciation
-4.27%
Original Mortgage
$1,197,000
Outstanding Balance
$1,184,016
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$710,047

Purchase Details

Closed on
Jul 11, 2023
Sold by
Jury Deborah L
Bought by
Deborah L Jury Revocable Trust and Jury

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.71%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 7, 2015
Sold by
Jury Deborah L
Bought by
Jury Deborah L and Deborah L Jury Revocable Trust

Purchase Details

Closed on
May 1, 2008
Sold by
Jury Deborah L
Bought by
Deborah L Jury Revocable Trust

Purchase Details

Closed on
Nov 4, 1994
Sold by
Citizens Federal Bank Fsb
Bought by
Jury Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,900
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 28, 1994
Sold by
Litzinger Norbert C and Sakuda Pamela
Bought by
Citizens Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,900
Interest Rate
6.25%
Mortgage Type
Seller Take Back
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
Caceres Jorge A $1,995,000 California Title Company
Deborah L Jury Revocable Trust -- Accommodation/Courtesy Recordi
Jury Deborah L -- Wfg National Title
Jury Deborah L -- First American Title Company
Deborah L Jury Revocable Trust -- None Available
Jury Deborah L $301,000 Commonwealth Land Title
Citizens Federal Bank Fsb $249,200 Benefit Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caceres Jorge A $1,197,000
Previous Owner Jury Deborah L $1,100,000
Previous Owner Jury Deborah L $417,200
Previous Owner Jury Deborah L $418,800
Previous Owner Jury Deborah L $100,000
Previous Owner Jury Deborah L $260,877
Previous Owner Jury Deborah L $270,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $1,995,000 0.0% $741 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $1,995,000 -- $741 / 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 $5,710 $2,034,900 $1,632,000 $402,900
2024 $5,710 $495,652 $358,984 $136,668
2023 $5,600 $485,935 $351,946 $133,989
2022 $5,499 $476,408 $345,046 $131,362
2021 $5,462 $467,068 $338,281 $128,787
2019 $5,322 $453,217 $328,249 $124,968
2018 $5,120 $444,331 $321,813 $122,518
2016 $4,865 $427,078 $309,317 $117,761
2015 $4,774 $420,664 $304,671 $115,993
2014 $4,561 $412,424 $298,703 $113,721
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24105089

California Regional Multiple Listing Service (CRMLS)

APN: 4185-014-039