NOT LISTED FOR SALE

1921 Hermosa Ave Hermosa Beach, CA 90254

Estimated Value: $3,373,000 - $4,196,000

5 Beds
5 Baths
2,411 Sq Ft
$1,598/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $2,600,000 $1,078 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $23,504/month

29 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Property is near a park
  • Hermosa Valley Elementary School Rated A
  • Midcentury Modern Architecture
  • Bonus Room

About This Home

As of April 2020

* Location! OPTIONS! You don't need to pay $3M+ for this 108' WIDE, 3820 sqft corner lot, where the lots to the North are 5 feet lower. You have Bankable OPTIONS with this R2B property, Build to 30 feet high, and its just 400 feet! to Hermosa Beach Strand and Beach, and then a 4 minute stroll down the Strand to Hermosa Beach Pier Promenade. Its West of Hermosa Ave, so you don't need to bike UPHILL for the rest of your life! ** Clean like New ** 100% Remodeled Move-In Ready Home, or build to suit, or build 2 new homes. Building has new roof, new paint, new garage doors, new fencing, new patio, new stone countertops, new kitchen. Main/Front house is a wonderful 3 bedroom, 2 full baths, one powder room, laundry room with shower, an office, 2 car garage, 2 side yards and Party Patio. Back unit is 2 bedroom/1 Bathroom Income unit, Grandparents Unit, or "Post-College Transition Unit"; it has its own private entrance onto a Terrace with view, high ceilings in living and bedrooms, 1 car garage and its own car port! Hey, that's a Total of 4 Car _Off-Street_ parking in Downtown Sand Section Hermosa Beach. For the build to suit folks, being a corner lot on Hermosa Ave, the MORNING SUN people will build their dream Hermosa Beach HOME@@! So many !OPTIONS! with this property! Property delivered Vacant at COE.

Last Agent to Sell the Property

Christopher Runowicz

West Shores Realty, Inc. License #01380265 Listed on: 01/30/2020

Last Buyer's Agent

Cindy De Garceau

Pacifica Properties Group, Inc. License #01489878

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,140

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 3,820 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Value in Land

Parking

  • 3 Car Direct Access Garage
  • Attached Carport
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 2,411 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Bonus Room
  • Storage
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 14 / 20
  • Tax Tract Number 20
  • Assessor Parcel Number 4182006013

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Dog Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $11
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,140

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 3108192457
  • Other Phone Ext: 192457
  • Other Phone Number: 3108192457
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: HBR2B*
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4182006013
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Storage
  • Entry Location: Hemosa Ave
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 1078.39
  • Room Type: Bonus Room, Laundry
  • Window Features: Insulated Windows, Skylight(s)

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Exterior Features: Lighting
  • View: Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Direct Garage Access, Garage Faces Side, Garage - Single Door, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Park, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Level, Park Nearby, Paved, Value In Land, Yard
  • Lot Size Sq Ft: 3820.00
  • Lot Size Acres: 0.0877

Multi Family

  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 11.00
  • Lot Size Area: 3820.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Block: 20
  • Tax Census Tract: 6210.02
  • Tax Lot: 14
  • Tax Tract Number: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Mar 18, 2020
Sold by
Hsrh Llc
Bought by
Igiol Andrew and Igiol Victoria
Seller's Agent
Christopher Runowicz
West Shores Realty, Inc.
Buyer's Agent
Cindy De Garceau
Pacifica Properties Group, Inc.
List Price
$2,699,000
Sold Price
$2,600,000
Premium/Discount to List
-$99,000
-3.67%
Current Estimated Value
$3,852,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,252,733
Avg. Annual Appreciation
7.63%
Original Mortgage
$1,075,000
Outstanding Balance
$954,383
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$2,898,350

Purchase Details

Closed on
Jan 31, 2019
Sold by
Runowicz Christopher R
Bought by
Hsrh Llc

Purchase Details

Closed on
Nov 1, 2000
Sold by
Stevens Christopher L and Stevens Audrey E B
Bought by
Runowicz Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$829,000
Interest Rate
8.37%

Purchase Details

Closed on
Mar 4, 1999
Sold by
Ester Jeffrey W
Bought by
Stevens Christopher L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Mikus William John
Bought by
Brancato Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.5%

Purchase Details

Closed on
Dec 9, 1997
Sold by
Brancato Paula
Bought by
Ester Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.5%

Purchase Details

Closed on
Oct 9, 1995
Sold by
Frederick Bradley
Bought by
Brancato Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
7.58%
Source: Public Records

Range of Values:

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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
Igiol Andrew $2,600,000 North American Title
Hsrh Llc -- None Available
Runowicz Chris $829,000 Continental Land Title
Stevens Christopher L $680,000 Lawyers Title Company
Brancato Paula -- Southland Title Corporation
Ester Jeffrey W $590,000 Southland Title
Brancato Paula $535,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Igiol Andrew $1,075,000
Previous Owner Runowicz Christopher $550,000
Previous Owner Runowicz Chris $496,300
Previous Owner Runowicz Chris $829,000
Previous Owner Stevens Christopher L $500,000
Previous Owner Ester Jeffrey W $472,000
Previous Owner Brancato Paula $401,250
Closed Ester Jeffrey W $59,000
Closed Stevens Christopher L $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $2,600,000 0.0% $1,078 / Sq Ft
04/13/2020 04/13/20 Sold $2,600,000 0.0% $1,078 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/28/2020 02/28/20 Pending -- -- --
02/14/2020 02/14/20 Price Changed $2,599,000 0.0% $1,078 / Sq Ft
02/14/2020 02/14/20 Price Changed $2,599,000 -3.7% $1,078 / Sq Ft
02/12/2020 02/12/20 Price Changed $2,699,000 0.0% $1,119 / Sq Ft
02/12/2020 02/12/20 For Sale $2,699,000 0.0% $1,119 / Sq Ft
02/12/2020 02/12/20 Price Changed $2,699,000 0.0% $1,119 / Sq Ft
02/12/2020 02/12/20 For Sale $2,699,000 +3.8% $1,119 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
02/06/2020 02/06/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $2,599,000 0.0% $1,078 / Sq Ft
01/30/2020 01/30/20 For Sale $2,599,000 -10.3% $1,078 / Sq Ft
01/27/2020 01/27/20 Price Changed $2,899,000 -4.9% $1,202 / Sq Ft
01/12/2020 01/12/20 For Sale $3,049,000 -- $1,265 / 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 $30,140 $2,843,477 $2,816,137 $27,340
2024 $30,140 $2,787,723 $2,760,919 $26,804
2023 $29,516 $2,733,063 $2,706,784 $26,279
2022 $28,987 $2,679,474 $2,653,710 $25,764
2021 $28,482 $2,626,936 $2,601,677 $25,259
2020 $12,849 $1,142,197 $964,468 $177,729
2019 $12,589 $1,119,802 $945,557 $174,245
2018 $12,131 $1,097,846 $927,017 $170,829
2016 $11,528 $1,055,218 $891,021 $164,197
2015 $11,309 $1,039,369 $877,638 $161,731
2014 $10,964 $1,019,010 $860,447 $158,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20021940

California Regional Multiple Listing Service (CRMLS)

APN: 4182-006-013