NOT LISTED FOR SALE

205 Pier Ave Hermosa Beach, CA 90254

Estimated Value: $10,431,875

Studio
-- Bath
6,503 Sq Ft
$1,604/Sq Ft Est. Value

About This Home

This home is located at 205 Pier Ave, Hermosa Beach, CA 90254 and is currently estimated at $10,431,875, approximately $1,604 per square foot. 205 Pier Ave is a home located in Los Angeles County with nearby schools including Hermosa Valley Elementary School, Hermosa View Elementary School, and Da Vinci Communications High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Gawlik Greg M and Gawlik Patricia W
Bought by
Sailfish 205 Llc
Current Estimated Value
$10,431,875

Purchase Details

Closed on
Feb 26, 2018
Sold by
205 Pier Llc
Bought by
Gawlik Greg M and Gawlik Patricia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2012
Sold by
Chhabria Raju and Chhabria Philomina
Bought by
205 Pier Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2010
Sold by
One Worldwide Investments Inc
Bought by
Chhabria Raju and Chhabria Philomina

Purchase Details

Closed on
Sep 29, 2009
Sold by
Chhabria Raju and Chhabria Philomina
Bought by
One Worldwide Investments Inc

Purchase Details

Closed on
Apr 10, 2008
Sold by
Ahn Won Sam and Ahn Katsuko
Bought by
Chhabria Raju and Chhabria Philomina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,204,000
Interest Rate
5.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Sailfish 205 Llc $7,800,000 Lawyers Title La
Gawlik Greg M $6,899,000 Lawyers Title
205 Pier Llc -- Lawyers Title
Chhabria Raju -- Usa National Title Company
One Worldwide Investments Inc $138,000 Lawyers Title
Chhabria Raju -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gawlik Greg M $2,500,000
Previous Owner 205 Pier Llc $2,500,000
Previous Owner Chhabria Raju $1,204,000
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 $90,310 $8,530,436 $5,905,687 $2,624,749
2024 $90,310 $8,363,174 $5,789,890 $2,573,284
2023 $87,990 $8,199,191 $5,676,363 $2,522,828
2022 $86,436 $8,038,423 $5,565,062 $2,473,361
2021 $85,002 $7,880,808 $5,455,944 $2,424,864
2020 $77,821 $7,177,718 $5,053,222 $2,124,496
2019 $76,410 $7,036,980 $4,954,140 $2,082,840
2018 $42,337 $3,896,136 $1,298,711 $2,597,425
2016 $40,103 $3,744,847 $1,248,282 $2,496,565
2015 $39,309 $3,688,597 $1,229,532 $2,459,065
2014 -- $3,616,344 $1,205,448 $2,410,896
Source: Public Records

Map

California Los Angeles County Hermosa Beach 90254

205 Pier Ave, Hermosa Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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