NOT LISTED FOR SALE

1325 Loma Dr Hermosa Beach, CA 90254

Estimated Value: $1,929,274 - $2,280,000

2 Beds
2 Baths
992 Sq Ft
$2,085/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $1,350,000 $1,361 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $12,610/month

48 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Private Yard
  • Hermosa Valley Elementary School Rated A
  • Bonus Room
  • No HOA

About This Home

As of December 2017

Relax and enjoy the cool ocean breezes in this beautifully remodeled single family home located in the heart of the Hermosa Beach Sand Section.  This charming beach cottage is just steps away from the beach, pier, restaurants and shops that make Hermosa one of the best beach towns in California.
Wake up to views facing the valley in the master suite or unwind in the sunny bonus room with attached deck boasting gorgeous peek-a-boo ocean views.  This home offers a bright and private living space with coved ceilings, crown molding, gas fireplace, as well as an updated kitchen and bath.  On the first level, you will find an equally charming remodeled living space with bedroom and bathroom that is well suited as a home office, guest retreat, or separate rental unit.  Last but not least, this lot has a beautiful landscaped yard that provides ample space for those sunset dinner parties and beach BBQs with family and friends.  For builders, this R3-zoned lot allows a 30-foot height limit with great elevations unencumbered by power lines - affording what could be absolutely stunning ocean and valley views. Whether you’re looking for a home with award winning schools, income property or choose to build, this property offers all of those options at a great value west of Valley Drive. - Buyer to Verify

Last Agent to Sell the Property

William Joseph

Joseph Group License #01934991 Listed on: 10/10/2017

Co-Listed By

Rachel Joseph

Joseph Group License #01929140

Last Buyer's Agent

William Joseph

Joseph Group License #01934991 Listed on: 10/10/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,357

Year Built

  • Built in 1940

Lot Details

  • 1,278 Sq Ft Lot
  • Landscaped
  • Private Yard
  • Property is zoned HBR3*

Property Views

  • Ocean
  • Peek-A-Boo
  • Valley

Interior Spaces

  • 992 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Living Room with Fireplace
  • Home Office
  • Bonus Room

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Side by Side Parking
  • Driveway

Outdoor Features

  • Living Room Balcony

Schools

  • Hermosa View Elementary School
  • Hermosa Valley Middle School
  • Mira Costa High School

Utilities

  • Wall Furnace
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1851
  • Assessor Parcel Number 4187011015

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,357

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBR3*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4187011015
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 992.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Living Room Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Concrete, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1360.89
  • Room Type: Bonus Room, Master Bedroom, Office
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Remodeled

Exterior Features

  • View: Ocean, Peek-A-Boo, Valley
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Hermosa
  • Elementary School: Hermosa View
  • Middle School: Hermosa Valley
  • High School: Mira Costa
  • Elementary School: Hermosa View
  • High School: Mira Costa
  • Middle Or Junior School: Hermosa Valley
  • Elementary School #2: HERVIE
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Yard
  • Lot Size Sq Ft: 1278.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6211.04
  • Tax Lot: 3
  • Tax Tract Number: 1851

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2018
Sold by
Roc Benjamin and Roc Elizabeth
Bought by
Roc Benjamin and Roc Elizabeth
Current Estimated Value
$2,068,069

Purchase Details

Listed on
Oct 10, 2017
Closed on
Nov 28, 2017
Sold by
Terrell Robert
Bought by
Bloch Benjamin and Ruiz Elizabeth
Seller's Agent
William Joseph
Joseph Group
Buyer's Agent
William Joseph
Joseph Group
List Price
$1,449,000
Sold Price
$1,350,000
Premium/Discount to List
-$99,000
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$1,080,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2014
Closed on
Mar 3, 2014
Sold by
Morton Smith Emma Louise
Bought by
Terrell Robert and Hyong Wendy
Seller's Agent
Mike Rossi
Strand Hill Properties
Buyer's Agent
Jenn Harrison
Compass
List Price
$895,000
Sold Price
$926,000
Premium/Discount to List
$31,000
3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$739,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2010
Sold by
Mccall Stephen
Bought by
Mccall Erica and Zima Erica

Purchase Details

Closed on
Apr 6, 2010
Sold by
Mccall Erica
Bought by
Morton Smith Emma Louise

Purchase Details

Closed on
Jul 8, 2005
Sold by
Stuart Carrie
Bought by
Zima Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,901
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 2004
Sold by
Wolverton Kyle
Bought by
Stuart Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Wolverton Laura
Bought by
Wolverton Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 1, 2003
Sold by
Philp Kristen Lin
Bought by
Wolverton Kyle and Stuart Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 9, 1998
Sold by
Johnson Nikki
Bought by
Philp Kristen Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 17, 1997
Sold by
Gallagher Johnson Nikki
Bought by
Johnson Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
9.38%

Purchase Details

Closed on
May 2, 1996
Sold by
Johnson Michael
Bought by
Gallagher Johnson Nikki
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
Roc Benjamin -- None Available
Bloch Benjamin $1,350,000 Usa National Title Company
Terrell Robert $924,000 North American Title Company
Mccall Erica -- Usa National Title Company
Morton Smith Emma Louise $815,000 --
Zima Erica $830,000 Southland Title Corporation
Stuart Carrie -- Fidelity National Title Comp
Wolverton Kyle -- Lawyers Title Company
Wolverton Kyle $690,000 Lawyers Title Company
Philp Kristen Lin $375,000 First American Title Co
Johnson Nikki -- Fidelity National Title Ins
Gallagher Johnson Nikki -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roc Benjamin $1,065,000
Closed Bloch Benjamin $1,080,000
Previous Owner Terrell Robert $722,800
Previous Owner Terrell Robert $739,200
Previous Owner Zima Erica J $90,000
Previous Owner Zima Erica $760,000
Previous Owner Zima Erica $19,500
Previous Owner Zima Erica $166,902
Previous Owner Zima Erica $663,000
Previous Owner Zima Erica $83,910
Previous Owner Zima Erica $179,901
Previous Owner Zima Erica $650,000
Previous Owner Stuart Carrie Warner $100,778
Previous Owner Stuart Carrie $650,000
Previous Owner Philp Kristen Lin $76,500
Previous Owner Wolverton Kyle $586,500
Previous Owner Philp Kristen Lin $323,000
Previous Owner Philp Kristen Lin $37,500
Previous Owner Philp Kristen Lin $300,000
Previous Owner Johnson Nikki $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $1,350,000 -3.2% $1,361 / Sq Ft
11/06/2017 11/06/17 Price Changed $1,395,000 -3.7% $1,406 / Sq Ft
10/10/2017 10/10/17 For Sale $1,449,000 +56.5% $1,461 / Sq Ft
04/01/2014 04/01/14 Sold $926,000 +3.5% $1,043 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $895,000 -- $1,008 / 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 $16,357 $1,536,064 $1,075,246 $460,818
2024 $16,357 $1,505,946 $1,054,163 $451,783
2023 $16,020 $1,476,419 $1,033,494 $442,925
2022 $15,733 $1,447,471 $1,013,230 $434,241
2021 $15,486 $1,419,090 $993,363 $425,727
2019 $15,079 $1,377,000 $963,900 $413,100
2018 $14,661 $1,350,000 $945,000 $405,000
2017 $11,342 $975,967 $683,389 $292,578
2016 $10,953 $956,832 $669,990 $286,842
2015 $10,780 $942,461 $659,927 $282,534
2014 $9,790 $858,185 $752,887 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17232773

California Regional Multiple Listing Service (CRMLS)

APN: 4187-011-015