NOT LISTED FOR SALE

1931 Power St Hermosa Beach, CA 90254

Estimated Value: $6,164,000 - $8,282,000

4 Beds
3.5 Baths
4,004 Sq Ft
$1,692/Sq Ft Est. Value

Last Sold March 06, 2017

Last sale price $4,625,000 $1,155 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $40,492/month

Highlights

  • Spa
  • Primary Bedroom Suite
  • 0.23 Acre Lot
  • Hermosa Valley Elementary School Rated A
  • Updated Kitchen
  • Open Floorplan

About This Home

As of May 2022

Make a Power move to this private cul-de-sac in a highly sought after Hermosa Valley neighborhood. This over 4,000 square foot, fully-furnished, 2-story craftsman style estate with lush gardens is built with an incredible eye for detail. Centrally located a few blocks from the beach, restaurants, parks and Hermosa's top rated schools. Step through the custom stained glass dutch doors into the natural light filled living room with quarter-sawn oak fireplace, 25 foot vaulted ceilings and gorgeous wood flooring throughout the main living area. The newly remodeled kitchen has stainless appliances and adjoins the family room. Upstairs are two oversized bedrooms with a shared bathroom, a lounge area, plus a large primary bedroom with a fireplace, an en-suite spa-like master bath and his & her walk-in closets. Downstairs you will find a guest bedroom with an en-suite bathroom. The downstairs office/music room has a charming view of the neighborhood and landscaping. Impeccably manicured grounds surrounding the house include a tranquil water feature at the entrance, a private side yard lounging area ideal for relaxing or practicing yoga and an entertainer's dream backyard. This luxurious space nestled into the hill features an outdoor BBQ island with Lynx stainless steel appliances, an outdoor dining area, a wind protected fire pit in a “cabana” with a drop down flat screen TV and seating, and a private saltwater waterfall/spa surrounded with hand cut Dakota stone. This home is ready for you to move right in.

Last Agent to Rent the Property

Steven Mullins

Vista Sotheby’s International Realty License #01487977 Listed on: 03/11/2022

Last Renter's Agent

Vincenzo Mercuri

Vista Sotheby’s International Realty License #02069976

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,543

Year Built

  • Built in 1999

Lot Details

  • 9,920 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • East Facing Home
  • Wood Fence
  • Landscaped
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned HBR1YY

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 4,004 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Home Gym
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Multiple Shower Heads
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Fireplace in Patio
  • Outdoor Grill

Schools

  • Hermosa Valley Elementary And Middle School
  • Mira Costa High School

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $30,000
  • Rent includes gardener, pool
  • Available 4/15/22
  • Tax Lot 3
  • Tax Tract Number 52278
  • Assessor Parcel Number 4183022032

Community Details

Overview

  • No Home Owners Association
  • Valley

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,543

Year Built

Built in 1999

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-04-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 30000
  • Furnished: Furnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: HBR1YY
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 4183022032
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4004.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Furnished, Granite Counters, High Ceilings, Open Floorplan, Pantry
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Patio, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.62
  • Room Type: Bonus Room, Entry, Exercise Room, Family Room, Jack & Jill, Kitchen, Laundry, Main Floor Bedroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Private
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Granite Counters, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Direction Faces: East
  • Exterior Features: Barbecue Private
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Valley

Schools

  • School District: Hermosa
  • Elementary School: Hermosa Valley
  • Middle School: Hermosa Valley
  • High School: Mira Costa
  • Elementary School: Hermosa Valley
  • High School: Mira Costa
  • Middle Or Junior School: Hermosa Valley
  • Elementary School #2: HERVAL
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped, Lawn, Yard
  • Lot Size: 74x129/141
  • Lot Size Sq Ft: 9920.00
  • Lot Size Acres: 0.2277

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 9920.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 6210.04
  • Tax Lot: 3
  • Tax Tract Number: 52278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Feb 16, 2017
Sold by
Hill David L
Bought by
Albrecht Aaron and Albrecht Elizabeth
Seller's Agent
Jim Van Zanten
Vista Sotheby’s International Realty
Buyer's Agent
Justin Huchel
Carolwood Estates
List Price
$4,799,000
Sold Price
$4,625,000
Premium/Discount to List
-$174,000
-3.63%
Current Estimated Value
$6,566,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,941,764
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Dec 10, 2005
Sold by
Hill David L and Hill Marianne G
Bought by
Hill David L

Purchase Details

Closed on
Jun 12, 2003
Sold by
Hill David L and Hill Marianne G
Bought by
Hill David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
5.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 18, 2002
Sold by
Hill David L and Hill Marianne G
Bought by
Hill David L

Purchase Details

Closed on
Dec 4, 2001
Sold by
Hill David and Hill Marianne G
Bought by
Hill David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.12%

Purchase Details

Closed on
Jun 2, 2000
Sold by
Hill David L and Hill Marianne Gausche
Bought by
Hill David L

Purchase Details

Closed on
Aug 12, 1999
Sold by
Mrw Construction Inc
Bought by
Hill David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
7.5%
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
Albrecht Aaron $4,625,000 None Available
Hill David L -- --
Hill David L -- Chicago Title Co
Hill David L -- --
Hill David L -- American Coast Title
Hill David L -- --
Hill David L $1,100,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albrecht Aaron $900,000
Previous Owner Hill David L $250,000
Previous Owner Hill David L $250,000
Previous Owner Hill David L $1,225,000
Previous Owner Hill David L $100,000
Previous Owner Hill David L $1,218,750
Previous Owner Hill David L $250,000
Previous Owner Hill David L $1,360,000
Previous Owner Hill David L $980,000
Previous Owner Hill David L $980,000
Previous Owner Hill David L $980,000
Previous Owner Hill David L $493,000
Previous Owner Hill David L $150,000
Previous Owner Hill David L $1,000,000
Previous Owner Hill David L $1,000,000
Previous Owner Hill David L $1,100,000
Previous Owner Hill David L $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Rented $18,500 -7.5% --
04/11/2022 04/11/22 Under Contract -- -- --
03/11/2022 03/11/22 For Rent $20,000 0.0% --
03/06/2017 03/06/17 Sold $4,625,000 -3.6% $1,155 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $4,799,000 -- $1,199 / 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 $56,543 $5,367,703 $3,283,990 $2,083,713
2024 $56,543 $5,262,455 $3,219,599 $2,042,856
2023 $55,364 $5,159,270 $3,156,470 $2,002,800
2022 $54,373 $5,058,109 $3,094,579 $1,963,530
2021 $53,351 $4,958,931 $3,033,901 $1,925,030
2019 $51,958 $4,811,849 $2,943,915 $1,867,934
2018 $50,224 $4,717,500 $2,886,192 $1,831,308
2016 $16,167 $1,507,403 $840,185 $667,218
2015 $15,858 $1,484,761 $827,565 $657,196
2014 $15,440 $1,455,678 $811,355 $644,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22047685

California Regional Multiple Listing Service (CRMLS)

APN: 4183-022-032