NOT LISTED FOR SALE

1346 Bayview Dr Hermosa Beach, CA 90254

Estimated Value: $2,955,457 - $3,517,000

4 Beds
4 Baths
2,698 Sq Ft
$1,221/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $1,325,000 $491 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $19,834/month

25 Days on Market

Highlights

  • Peek-A-Boo Views
  • No HOA
  • 5-minute walk to Noble Park
  • Hermosa Valley Elementary School Rated A
  • Carpet

About This Home

As of December 2012

Cozy 1 bedroom, 1 bath lower unit located in a fourplex in beautiful downtown Hermosa Beach. Two blocks to the beach, just north of Pier Ave. Walking distance to all downtown Hermosa has to offer. Updated unit features laminate floors and quartz counter tops and A/C. Kitchen includes range and refrigerator. A small pet may be considered. No smoking. Street parking only with access to residential parking permits! Shared coin laundry on site. Please provide your phone number if you are requesting a tour. Water, sewer and gas included.

Last Agent to Sell the Property

Gregory Meidroth

Corcoran Global Living License #01484775 Listed on: 11/01/2012

Last Buyer's Agent

Darrin O'Hanlon

Pacifica Properties Group, Inc. License #01411186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,211

Year Built

  • Built in 1920

Lot Details

  • 2,191 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 2,698 Sq Ft Home
  • Carpet
  • Peek-A-Boo Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 4183013023

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $523
  • Trash Expense $417
  • Water Sewer Expense $978
  • New Taxes Expense $15,345
  • Gross Income $7,305
  • Net Operating Income $65,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,211

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Other Phone Description: 310-508-7355
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • View: Yes
  • Water Sewer Expenses: 978.00
  • Property Type: Residential Income
  • Parcel Number: 4183013023
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 491.10

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 417.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 2191.00
  • Lot Size Acres: 0.0500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 2
  • Average2 Bed Area: 1
  • Average Studio Area: 1
  • Gross Income: 7305.00
  • Gross Scheduled Income: 87660.00
  • Insurance Expense: 523.00
  • Lot Size Area: 2191.0000 Square Feet
  • Net Operating Income: 65825.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21835.00
  • Rent Control: No
  • Total Actual Rent: 87660.00

Tax Info

  • New Taxes Expense: 15345.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2015
Sold by
Macmarcus Brian
Bought by
Mapletriplex Llc
Current Estimated Value
$3,295,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,357
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2014
Sold by
Macmarcus
Bought by
Macmarcus Brian and Mac Lanita Nevarez

Purchase Details

Listed on
Nov 1, 2012
Closed on
Nov 9, 2012
Sold by
Mathews Andrew C
Bought by
Macmarcus and Mac Lanita
Seller's Agent
Gregory Meidroth
Corcoran Global Living
Buyer's Agent
Darrin O'Hanlon
Pacifica Properties Group, Inc.
List Price
$1,349,999
Sold Price
$1,325,000
Premium/Discount to List
-$24,999
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$927,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2003
Sold by
Starr Robyn
Bought by
Mathews Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2001
Sold by
Chen Wan Mein
Bought by
Chen Wan Mein
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
Mapletriplex Llc $1,885,000 Usa National Title Co
Macmarcus Brian -- None Available
Macmarcus $1,325,000 Usa Title Company
Mathews Andrew C -- First American Title Co
Mathews Andrew C $870,000 First American Title Co
Chen Wan Mein -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maple Triplex Llc $1,124,357
Previous Owner Mapletriplex Llc $1,124,357
Previous Owner Macmarcus $927,000
Previous Owner Mathews Andrew C $1,010,000
Previous Owner Mathews Andrew C $750,000
Previous Owner Mathews Andrew C $250,000
Previous Owner Mathews Andrew C $609,000
Previous Owner Mathews Andrew C $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $2,500 -- --
10/15/2023 10/15/23 For Rent $2,500 0.0% --
12/21/2012 12/21/12 Sold $1,325,000 -1.9% $491 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
11/01/2012 11/01/12 For Sale $1,349,999 -- $500 / 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 $24,211 $2,231,451 $1,657,314 $574,137
2024 $24,211 $2,187,698 $1,624,818 $562,880
2023 $23,718 $2,144,803 $1,592,959 $551,844
2022 $23,293 $2,102,749 $1,561,725 $541,024
2021 $22,987 $2,061,519 $1,531,103 $530,416
2019 $22,391 $2,000,576 $1,485,691 $514,885
2018 $21,666 $1,961,354 $1,456,560 $504,794
2016 $20,609 $1,885,000 $1,400,000 $485,000
2015 $15,044 $1,357,608 $1,101,456 $256,152
2014 $14,504 $1,331,015 $1,079,880 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12135604

California Regional Multiple Listing Service (CRMLS)

APN: 4183-013-023