NOT LISTED FOR SALE

Estimated Value: $1,956,000 - $2,105,000

0.07 Acre
$31,063,109 Price per Acre
2,845 Sq Ft Lot

Last Sold September 05, 2023

Last sale price $1,825,000

Est. 11% increase in value since last sale

Current estimated payment $12,602/month

67 Days on Market

Highlights

  • Fishing
  • No HOA
  • Bike Trail
  • Hermosa Valley Elementary School Rated A
  • Views
  • Rectangular Lot

About This Lot

As of September 2023

Price Improvement! Amazing and rare opportunity to develop for investment or build your dream home on this 2,845 square foot lot approximately one block to the beach and Strand in Hermosa Beach!! Fabulous location which is walking distance to the beach, Strand, bike path, jogging greenbelt, all of the fabulous restaurants, shopping, parks, activities and entertainment that the beach life has to offer!! Potential to possibly build 2 units(zoned HB-R3YY), however, Buyer to verify with the city. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Sherry LaMaison

Estate Properties License #01110756 Listed on: 05/26/2023

Estate Properties

Last Buyer's Agent

Amir Amiri

Merit Real Estate License #01041226

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,624

Lot Details

  • 2,845 Sq Ft Lot
  • Rectangular Lot
  • Value in Land
  • Property is zoned HBR3YY

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 11 / 41
  • Assessor Parcel Number 4188014046

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Property Details

Property Type

Land

Est. Annual Taxes

$19,624

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: HBR3YY
  • Property Type: Land
  • Parcel Number: 4188014046
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 641.48

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Value In Land
  • Lot Size Sq Ft: 2845.00
  • Lot Size Acres: 0.0653

Multi Family

  • Lot Size Area: 2845.0000 Square Feet

Tax Info

  • Tax Block: 41
  • Tax Census Tract: 6211.04
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 21, 2023
Sold by
Behazar Llc
Bought by
Herpine Llc
Seller's Agent
Sherry LaMaison
Estate Properties
Buyer's Agent
Amir Amiri
Merit Real Estate
List Price
$2,100,000
Sold Price
$1,825,000
Premium/Discount to List
-$275,000
-13.1%
Views
98
Current Estimated Value
$2,028,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,421
Avg. Annual Appreciation
6.12%

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 11, 2023
Sold by
Stephen J Landau Trust
Bought by
Behazar Llc
Seller's Agent
Sherry LaMaison
Estate Properties
Buyer's Agent
Amir Amiri
Merit Real Estate
List Price
$2,100,000
Sold Price
$1,825,000
Premium/Discount to List
-$275,000
-13.1%
Views
98

Purchase Details

Closed on
Dec 10, 2015
Sold by
Landau Stephen J
Bought by
Landau Stephen J and The Stephen J Landau Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Herpine Llc -- Accommodation/Courtesy Recordi
Behazar Llc $1,825,000 Progressive Title Company
Landau Stephen J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $1,825,000 -8.8% --
08/01/2023 08/01/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $2,000,000 -4.8% --
05/26/2023 05/26/23 For Sale $2,100,000 -- --
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 $19,624 $1,861,500 $1,861,500 --
2024 $19,624 $1,825,000 $1,825,000 --
2023 $1,255 $103,892 $103,892 $0
2022 $1,233 $101,855 $101,855 $0
2021 $1,252 $99,858 $99,858 $0
2019 $1,220 $96,898 $96,898 $0
2018 $1,143 $94,999 $94,999 $0
2016 $1,091 $91,311 $91,311 $0
2015 $1,071 $89,940 $89,940 $0
2014 $995 $88,179 $88,179 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23092318

California Regional Multiple Listing Service (CRMLS)

APN: 4188-014-046