NOT LISTED FOR SALE

Estimated Value: $2,810,000 - $4,455,000

2 Beds
1 Bath
696 Sq Ft
$5,522/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $1,650,000 $2,371 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $22,447/month

11 Days on Market

Highlights

  • Ocean View
  • Private Yard
  • No HOA
  • Hermosa Valley Elementary School Rated A

About This Home

As of October 2016

The ocean view lot that you have dreamed about has finally arrived steps to the sand in one of the best little beach towns in the USA, Hermosa Beach. This 37 x 41 foot buildable lot is located on the corner of Beach and 7th ct and comes with approved architect plans by well known local architect Larry Peha for a modern style 3 bedroom, 3.5 bath, 2020 (btv) square foot single family home (not a townhome). This modern style home has plans that include maximum 30 foot height with gourmet kitchen which opens to open living area with nano door system to create seamless indoor/outdoor flow and spectacular ocean views. Large master suite, easily accessible ocean view rooftop deck and 2 car parking plus guest space. Walk to beach/strand, walk to downtown Hermosa Beach shops, and get as close to the ocean as you will ever find for this price point. Perhaps you want a second home on the beach but do not want to pay $6m? This home offers a lifestyle at a price point that you will not find this close to the beach. Perfect buy and hold or build now opportunity. Could be kept in its current condition with minor improvements to use as a classic beach pad. This is the true definition of living AT the beach!

Last Agent to Sell the Property

Chad Fahlbusch

Strand Hill Properties License #01346526 Listed on: 09/28/2016

Last Buyer's Agent

Robert Reyes

eXp Realty of California Inc License #01042444

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 1,465 Sq Ft Lot
  • Private Yard
  • Property is zoned HBR3YY

Parking

  • 2 Car Garage

Interior Spaces

  • 696 Sq Ft Home
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 6211
  • Assessor Parcel Number 4187016024

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

1,465 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: HBR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4187016024
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 696.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2370.69
  • Room Type: Master Bedroom

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 1465.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 6211.04
  • Tax Lot: 16
  • Tax Tract Number: 6211

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Oct 25, 2016
Sold by
7Thcourt Llc
Bought by
Heines Michael F and Heines Holly M
Seller's Agent
Chad Fahlbusch
Strand Hill Properties
Buyer's Agent
Robert Reyes
eXp Realty of California Inc
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Current Estimated Value
$3,843,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,193,623
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Dec 9, 2015
Sold by
Woodward Christopher J
Bought by
7Thcourt Llc

Purchase Details

Listed on
Mar 6, 2012
Closed on
Jun 1, 2012
Sold by
Alonso Mauro D
Bought by
Woodward Christopher J
Seller's Agent
Jessica Griffith
Engel & Völkers Newport Beach
Buyer's Agent
Brett Zebrowski
eXp Realty of California Inc
List Price
$759,000
Sold Price
$760,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$608,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Alonso Catherine J
Bought by
Alonso Mauro D and Alonso Catherine J

Purchase Details

Closed on
Jul 26, 2005
Sold by
Alonso Catherine J
Bought by
Alonso Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.03%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 8, 2004
Sold by
Ridgley Sherry
Bought by
Alonso Catherine and Alonso Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Alonso Cintia
Bought by
Alonso Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2004
Sold by
Alonso Mauro
Bought by
Alonso Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1998
Sold by
Hamilton Rabinovitz And Alschuler Inc
Bought by
Ridgley Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.84%
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
Heines Michael F $1,650,000 Usa National Title Company
7Thcourt Llc -- None Available
Woodward Christopher J $760,000 Usa National Title Co
Alonso Mauro D -- None Available
Alonso Catherine J -- Chicago Title Co
Alonso Catherine $907,000 --
Alonso Mark M -- --
Alonso Catherine -- --
Ridgley Sherry $325,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodward Christopher J $608,000
Previous Owner Alonso Catherine J $880,000
Previous Owner Alonso Catherine $680,000
Previous Owner Ridgley Sherry $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2016 10/28/16 Sold $1,650,000 -5.7% $2,371 / Sq Ft
10/09/2016 10/09/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $1,750,000 +130.3% $2,514 / Sq Ft
06/22/2012 06/22/12 Sold $760,000 +0.1% $1,092 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $759,000 -- $1,091 / 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 $29,381 $2,785,402 $1,914,965 $870,437
2024 $29,381 $2,730,787 $1,877,417 $853,370
2023 $28,770 $2,677,243 $1,840,605 $836,638
2022 $28,253 $2,624,749 $1,804,515 $820,234
2021 $27,824 $2,573,284 $1,769,133 $804,151
2019 $26,959 $1,716,660 $1,716,660 $0
2018 $18,082 $1,683,000 $1,683,000 $0
2017 $17,949 $1,650,000 $1,320,000 $330,000
2016 $8,760 $806,388 $636,623 $169,765
2015 $8,593 $794,276 $627,061 $167,215
2014 $8,318 $778,718 $614,778 $163,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16713446

California Regional Multiple Listing Service (CRMLS)

APN: 4187-016-024

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