NOT LISTED FOR SALE

1444 Loma Dr Hermosa Beach, CA 90254

Estimated Value: $3,298,000 - $3,614,000

8 Beds
4 Baths
3,390 Sq Ft
$1,012/Sq Ft Est. Value

Last Sold June 04, 2019

Last sale price $2,400,000 $708 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $20,368/month

2 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Wood Flooring
  • Hermosa Valley Elementary School Rated A
  • Property is near a park
  • Main Floor Bedroom

About This Home

As of June 2019

GREAT LOCATION. STEPS TO BEACH AND LOADS OF RESTAURANTS AND SHOPS ON PIER AVENUE. LOCATED ON DEAD END STREET SO NO THROUGH TRAFFIC. COMMUNITY LAUNDRY SHARED BY ALL FOUR UNITS. 2 UNITS HAVE SWEDISH FIREPLACE. 2 UNITS HAVE DECK OR PATIO. BUILDING IN EXCELLENT CONDITION. SOME UNITS WITH CITY LIGHT AND HILLS VIEW.

Last Agent to Sell the Property

Gary Stager

Estate Properties License #00402754 Listed on: 04/19/2019

Estate Properties

Last Buyer's Agent

Woody Stahl

Lyon Stahl Investment Real Est License #01399621

Lyon Stahl Investment Real Est

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,933

Year Built

  • Built in 1964

Lot Details

  • 3,991 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Rectangular Lot

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Attached Carport
  • Parking Available
  • Driveway
  • Assigned Parking

Property Views

  • City Lights
  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Property Attached
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,390 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Built-In Range
  • Range Hood
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • All Upper Level Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 17
  • Assessor Parcel Number 4183017023

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $180
  • Fuel Expense $144
  • Trash Expense $1,182
  • Water Sewer Expense $1,476
  • New Taxes Expense $24,000
  • Operating Expense $26,982
  • Gross Income $1,200
  • Net Operating Income $109,818

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,933

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 1476.00
  • Zoning: HBR3YY
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 4183017023
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceramic Counters, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 707.96
  • Room Type: All Bedrooms Up, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • View: City Lights, Mountain(s), Park/Greenbelt
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Driveway, Concrete
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1182.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 20000-39999 Sqft, Rectangular Lot, Near Public Transit, Park Nearby, Utilities - Overhead
  • Lot Size Sq Ft: 3991.00
  • Lot Size Acres: 0.0916

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 180.00
  • Fuel Expense: 144.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 112800.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1200.00
  • Lot Size Area: 3991.0000 Square Feet
  • Net Operating Income: 109818.00
  • 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
  • Number With Carpet: 1
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 2982.00
  • Rent Control: No
  • Total Actual Rent: 9300.00
  • Total Expenses: 26982.00

Tax Info

  • New Taxes Expense: 24000.00
  • Tax Census Tract: 6210.04
  • Tax Lot: 17
  • Tax Tract Number: H1SS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Mohaupt Stephen M and Mohaupt Gabriela
Bought by
Mohaupt Family Trust and Mohaupt
Current Estimated Value
$3,430,567

Purchase Details

Listed on
Apr 19, 2019
Closed on
May 16, 2019
Sold by
Mikinley Iris L Michael
Bought by
Mohaupt Stephen Michael and Mohaupt Gabriela
Seller's Agent
Gary Stager
Estate Properties
Buyer's Agent
Woody Stahl
Lyon Stahl Investment Real Est
List Price
$2,400,000
Sold Price
$2,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$1,560,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 1996
Sold by
Mckinley David R
Bought by
Mckinley Iris L
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
Mohaupt Family Trust -- None Listed On Document
Mohaupt Stephen Michael $2,400,000 Progressive Title
Mckinley Iris L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohaupt Stephen Michael $1,560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2019 06/04/19 Sold $2,400,000 0.0% $708 / Sq Ft
04/21/2019 04/21/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $2,400,000 -- $708 / 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 $28,933 $2,677,241 $2,231,036 $446,205
2024 $28,933 $2,624,747 $2,187,291 $437,456
2023 $28,342 $2,573,282 $2,144,403 $428,879
2022 $27,835 $2,522,826 $2,102,356 $420,470
2021 $27,437 $2,473,360 $2,061,134 $412,226
2019 $3,525 $221,280 $108,993 $112,287
2018 $3,376 $216,942 $106,856 $110,086
2016 $3,194 $208,519 $102,707 $105,812
2015 $3,142 $205,388 $101,165 $104,223
2014 $2,849 $201,366 $99,184 $102,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19089253

California Regional Multiple Listing Service (CRMLS)

APN: 4183-017-023