NOT LISTED FOR SALE

1637 Monterey Blvd Hermosa Beach, CA 90254

Estimated Value: $3,618,000 - $4,092,000

3 Beds
2.5 Baths
2,100 Sq Ft
$1,835/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $3,449,000 $1,642 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $24,109/month

7 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Living Room with Fireplace
  • Hermosa Valley Elementary School Rated A
  • Midcentury Modern Architecture
  • Wood Flooring

About This Home

As of July 2022

This newly remodeled beachside home features phenomenal panoramic ocean views & sits just steps from the water in a prime Hermosa Beach location. This is your opportunity to live near South Bay's finest stretch of sand and pier. Relaxation-evoking design and a warm coastal palette are emphasized throughout this exquisite home. Soaring wood beam ceilings, a masterful fireplace, and breathtaking ocean & sunset views all grace this seaside beauty. A striking, chef's ocean-view kitchen accented with handcrafted tile, marble countertops, a large center waterfall island & premium stainless steel appliances. Sit at the dining table & enjoy the spectacular view while you sip on a glass of wine from the adjacent wine display room. Watch the waves break from the primary bedroom with walk-in closet, ensuite bathroom with double vanity and oversized shower designed for two. 2 bedrooms and 2 additional bathrooms complete this fabulous floor plan. Additional features include: hardwood floor throughout, central A/C and option to build out rooftop deck at additional cost.

Last Agent to Sell the Property

Jessica Heredia

Coldwell Banker Realty License #01349369 Listed on: 06/16/2022

Coldwell Banker Realty

Co-Listed By

Louise Machado

Coldwell Banker Realty License #02034489

Last Buyer's Agent

Laura Grabher

Keller Williams South Bay License #01372048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,792

Year Built

  • Built in 1963

Lot Details

  • 1,438 Sq Ft Lot
  • Lot Dimensions are 29x48
  • Property is zoned HBR2*

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Skyline

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Electric Fireplace
  • Entryway
  • Wine Cellar
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Water Line To Refrigerator
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4183-014-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,792

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2100
  • Lot Acreage: 0.0330
  • Lot Dimensions: 29x48
  • Stories: 3
  • Year Built: 1963
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Electric
  • Flooring: Tile, Hardwood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Range/Oven, Refrigerator, Water Line to Refrigerator
  • Price Per S Q F T: 1642.38

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Water, Skyline, Ocean, Panoramic, Catalina, Coastline
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4183-014-030
  • Lot Size Area: 1438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Gudiseva Srinivasa Naga Chaitanya and Vuppala Hrishika
Bought by
Srinivasa Naga Chaitanya And Hrishika Revocab and Gudiseva
Current Estimated Value
$3,854,231

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 8, 2022
Sold by
Dmar Financial Corp Inc
Bought by
Gudiseva Srinivasa Naga Chaitan and Vuppala Hrishika
Seller's Agent
Jessica Heredia
Coldwell Banker Realty
Buyer's Agent
Laura Grabher
Keller Williams South Bay
List Price
$3,449,000
Sold Price
$3,449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$2,587,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2021
Sold by
Dmar Financial Corp
Bought by
Dmar Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2021
Sold by
Agabmil Prpoerties Llc
Bought by
Dmar Financial Corp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2020
Sold by
Foster Stephen and The Foster Trust
Bought by
Agabmil Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,617,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2004
Sold by
Foster William E and Foster Mercedes D
Bought by
Foster William E and Foster Mercedes D

Purchase Details

Closed on
Dec 7, 1993
Sold by
Foster William and Foster Mercedes
Bought by
Foster William E and Foster Mercedes Dayse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.89%

Purchase Details

Closed on
Nov 29, 1993
Sold by
Cassano Barry and Cassano Georgeann
Bought by
Foster William and Foster Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.89%
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
Srinivasa Naga Chaitanya And Hrishika Revocab -- None Listed On Document
Gudiseva Srinivasa Naga Chaitan $3,449,000 New Title Company Name
Dmar Financial Corp -- California Best Title Co Inc
Dmar Financial Corp Inc -- Clearmark Title Co
Agabmil Properties Llc $1,700,000 First American Title
Foster William E -- --
Foster William E -- Provident Title Company
Foster William $305,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gudiseva Srinivasa Naga Chaitan $2,587,500
Previous Owner Dmar Financial Corp $2,000,000
Previous Owner Dmar Financial Corp Inc $1,675,000
Previous Owner Agabmil Properties Llc $1,617,000
Previous Owner Foster William $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $3,449,000 0.0% $1,642 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $3,449,000 -- $1,642 / Sq Ft
Source: The MLS

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 $37,792 $3,588,339 $2,964,099 $624,240
2024 $37,792 $3,517,980 $2,905,980 $612,000
2023 $37,004 $3,449,000 $2,849,000 $600,000
2022 $24,214 $2,238,900 $2,065,500 $173,400
2021 $18,726 $1,717,611 $1,196,771 $520,840
2020 $5,472 $473,993 $379,202 $94,791
2019 $5,361 $464,700 $371,767 $92,933
2018 $5,178 $455,589 $364,478 $91,111
2016 $4,908 $437,900 $350,326 $87,574
2015 $4,816 $431,323 $345,064 $86,259
2014 $4,618 $422,875 $338,305 $84,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-169049

The MLS

APN: 4183-014-030