NOT LISTED FOR SALE

Estimated Value: $2,792,000 - $3,706,197

1 Bed
2 Baths
1,580 Sq Ft
$2,065/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2022

Last sale price $3,075,000 $1,946 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $20,262 / mo

12 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Wood Flooring
  • Hermosa Valley Elementary School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

As of July 2022

Life is better at the beach….....

Come experience the quintessential beach lifestyle in this Hermosa Beach Duplex. Inhale the sea air and feel the ocean breeze; located just one door from The Strand and the sand, 16 Twenty Third Street features a stacked duplex with breathtaking sand and ocean views. Never miss another sunset - Now is your chance to claim this beach duplex on a coveted walk street. Featuring an upstairs unit with one bedroom + bonus room, bath and laundry room; the kitchen opens to the living room, perfect for entertaining. The downstairs studio features kitchen/dining area, laundry room, one bath and direct access to storage room. Both units are light, bright and beachy with stunning views! Grab morning coffee at Martha’s Corner on 22nd Street and stroll The Strand on early mornings. Grab your deli wraps and sandwiches from The Green Store and you are off to the beach to soak in some rays, catch a wave or sideout in the sand. After your beach day, rinse off in the outdoor, enclosed surfer shower. Relax with your friends with a refreshment as you watch the sun set over the Pacific Ocean. You can grill on your patio/walk street or head over to The Bottle Inn for your favorite meal. You are so close, you can cruise the strand or feel the sand in your toes, whenever beach life calls! This beach house is located just 0.7 mile from Pier Avenue and 1.2 miles to Manhattan Beach Boulevard, where you can shop, experience a food lover’s paradise and enjoy the nightlife in downtown Hermosa Beach and Manhattan Beach. Life’s a beach, don’t miss out on this opportunity to live it!

Last Agent to Sell the Property

Tamara Suminski

BEACH REAL ESTATE GROUP License #01472334 Listed on: 04/07/2022

Co-Listed By

Chris Duff

BEACH REAL ESTATE GROUP License #02063976

Last Buyer's Agent

Robb Stroyke

Bayside License #00940891

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 1,320 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage
  • Parking Available
  • Brick Driveway

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,580 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Bonus Room
  • Ocean Views
  • Tile Countertops
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Outdoor Features

  • Property has ocean access
  • Beach Access

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / 23
  • Tax Tract Number 621
  • Assessor Parcel Number 4182003008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,636
  • Trash Expense $444
  • Water Sewer Expense $900
  • Operating Expense $4,980
  • Gross Income $83,400
  • Net Operating Income $83,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

1,320 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: HBR1YY
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4182003008
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Stone Counters, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Levels: Two
  • Price Per Square Foot: 1946.20
  • Room Type: Bonus Room, Laundry
  • Window Features: Double Pane Windows

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway - Brick
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 444.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 1320.00
  • Lot Size Acres: 0.0303

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 83400.00
  • Gross Scheduled Income: 83400.00
  • Insurance Expense: 3636.00
  • Lot Size Area: 1320.0000 Square Feet
  • Net Operating Income: 83400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Rent Control: No
  • Total Actual Rent: 4450.00
  • Total Expenses: 4980.00
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: 23
  • Tax Census Tract: 6210.02
  • Tax Lot: 7
  • Tax Tract Number: 621...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
Karen Anne Miller Revocable Trust
Bought by
Honey Kent W and Honey Jennifer M
Current Estimated Value
$3,262,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,460,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Miller Karen Anne
Bought by
Miller Karen Anne and Karen Anne Miller Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Miller Dr Karen A
Bought by
Miller Karen Anne and Karen Anne Miller Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Honey Kent W $3,075,000 Fidelity National Title
Miller Karen Anne -- Alliance Title Company
Miller Karen Anne -- Alliance Title Company
Miller Karen Anne -- --
Miller Dr Karen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honey Kent W $2,460,000
Previous Owner Miller Karen Anne $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $3,075,000 -6.8% $1,946 / Sq Ft
05/26/2022 05/26/22 For Sale $3,299,000 0.0% $2,088 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $3,299,000 -- $2,088 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $34,159 $3,199,230 $3,147,210 $52,020
2024 $34,159 $3,136,500 $3,085,500 $51,000
2023 $2,533 $166,075 $116,385 $49,690
2022 $2,231 $162,819 $114,103 $48,716
2021 $2,257 $159,627 $111,866 $47,761
2019 $2,204 $154,895 $108,549 $46,346
2018 $2,124 $151,859 $106,421 $45,438
2016 $2,012 $145,965 $102,290 $43,675
2015 $1,978 $143,773 $100,754 $43,019
2014 $1,936 $140,958 $98,781 $42,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22069526

California Regional Multiple Listing Service (CRMLS)

APN: 4182-003-008

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