NOT LISTED FOR SALE

2240 Hermosa Ave Hermosa Beach, CA 90254

Estimated Value: $8,792,000 - $9,191,000

4 Beds
6 Baths
4,568 Sq Ft
$1,978/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $8,759,516 $1,918 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $56,234/month

250 Days on Market

Highlights

  • White Water Ocean Views
  • Roof Top Spa
  • Fireplace in Primary Bedroom Retreat
  • Hermosa Valley Elementary School Rated A
  • Primary Bedroom Suite
  • Retreat

About This Home

As of July 2024

A dynamic Modernist home with an immersive oceanview experience in prime North Hermosa Beach. Designed by award-winning architect Michael Lee and constructed by fine Beach Cities home builder Kim Komick, this bold 4-story residence has striking beach and water vistas from nearly every floor, with abundant glass walls and sculpted terraces. It’s approximately 4,431 s.f., with 4 bedrooms and 6 bathrooms, including a penthouse primary suite with a fireplace and showroom closet, where you wake to horizon views and ocean air, and relax on a sprawling terrace with an outdoor spa and private lounge. Views are forever, due to an unblocked address across from 23rd St walk street, where you head out for spontaneous swim and surf sessions. At 2240 Hermosa Avenue, the neighborhood is roomy and residential, yet Pier Avenue dining and shopping is an easy 10-min stroll, and Downtown Manhattan Beach is just a 5-min bike ride along the Strand. In the sunny interior, oceanview living spaces abound. Dine over color-burst Pacific Ocean sunsets and a flickering fireplace in the glossy designer kitchen, dressed in luxury NEFF cabinets and PureLine appliances by Miele. Entertain in the open-air oceanview living room with a sleek wine wall, cut-out glass ceiling and adjoining terrace. Gather for movies in an elevated family room with blue-water views, or host beachside bashes in the crisp white beach room with a butler’s kitchen and private deck. Spaces flow easily and elegantly, from a sun-graced grand foyer with French oak floors and a floating staircase, to tucked-away designer bedroom suites with moody lighting and a hyper-minimalist vibe. Line and scale have all been superbly arranged by the architect, a Modernist leader in beach design, to fuse a constant connection to sand and sea, and provide a dramatic perch to enjoy this superb slice of Southern California coastline.

Last Agent to Sell the Property

Bryn Stroyke

Bayside Brokerage Phone: 310-880-3436 License #00855690 Listed on: 10/19/2023

Last Buyer's Agent

Ed Kaminsky

eXp Realty of California, Inc License #00958114

eXp Realty of California, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $97,075

Year Built

  • Built in 2018

Lot Details

  • 2,708 Sq Ft Lot
  • No Landscaping
  • Property is zoned HBR3YY

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 4,568 Sq Ft Home
  • 4-Story Property
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • 6 Full Bathrooms

Outdoor Features

  • Roof Top Spa
  • Exterior Lighting

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 7 / 30
  • Tax Tract Number 4340
  • Assessor Parcel Number 4182010008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$97,075

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4182010008
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4568.00 Square Feet
  • Stories: 4
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 4
  • Entry Level: 2
  • Fireplace Features: Family Room, Living Room, Primary Retreat
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1917.58
  • Room Type: Family Room, Great Room, Kitchen, Living Room, Main Floor Bedroom, Primary Suite, Retreat
  • Spa Features: Private, Roof Top

Exterior Features

  • View: Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 2708.00
  • Lot Size Acres: 0.0622
  • Latitude Manual: 33.87010400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2708.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 30
  • Tax Census Tract: 6210.05
  • Tax Lot: 7
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Jul 26, 2024
Sold by
Desimone Suzanne
Bought by
Suzanne Desimone Revocable Trust and Desimone
Seller's Agent
Bryn Stroyke
Bayside
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$10,750,000
Sold Price
$8,759,516
Premium/Discount to List
-$1,990,484
-18.52%
Views
4432
Current Estimated Value
$9,036,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,603
Avg. Annual Appreciation
3.28%

Purchase Details

Listed on
Oct 19, 2023
Closed on
Jul 9, 2024
Sold by
Desimone Family Trust and Desimone Joseph M
Bought by
Ajv Trust and Vinciquerra
Seller's Agent
Bryn Stroyke
Bayside
Buyer's Agent
Ed Kaminsky
eXp Realty of California, Inc
List Price
$10,750,000
Sold Price
$8,759,516
Premium/Discount to List
-$1,990,484
-18.52%
Views
4432

Purchase Details

Listed on
Jan 27, 2021
Closed on
Apr 27, 2021
Sold by
Truhe James K and The Rkt Trust
Bought by
Desimone Joseph M and Desimone Suzanne
Seller's Agent
Christa Lyons
Radius Agent Realty
Buyer's Agent
Jim Lisi
Ossia Real Estate
List Price
$9,800,000
Sold Price
$8,560,000
Premium/Discount to List
-$1,240,000
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%

Purchase Details

Closed on
Jun 8, 2015
Sold by
Komick Kim
Bought by
Truhe James K and The Rkt Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2014
Sold by
Preiss Fred C
Bought by
Komick Kim

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
4.45%
Mortgage Type
Seller Take Back
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
Suzanne Desimone Revocable Trust -- None Listed On Document
Joseph M Desimone Revocable Trust -- None Listed On Document
Desimone Joseph M -- None Listed On Document
Desimone Joseph M -- None Listed On Document
Ajv Trust $8,760,000 First American Title Company
Desimone Joseph M $8,560,000 Usa National Title Company
Truhe James K $3,500,000 Usa National Title Company
Komick Kim $2,400,000 Usa National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Truhe James K $4,760,000
Previous Owner Truhe James K $2,450,000
Previous Owner Komick Kim $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $8,759,516 -7.8% $1,918 / Sq Ft
03/29/2024 03/29/24 Price Changed $9,500,000 -8.4% $2,080 / Sq Ft
11/29/2023 11/29/23 Price Changed $10,375,000 -3.5% $2,271 / Sq Ft
10/19/2023 10/19/23 For Sale $10,750,000 +25.6% $2,353 / Sq Ft
04/30/2021 04/30/21 Sold $8,560,000 -12.7% $1,932 / Sq Ft
01/27/2021 01/27/21 For Sale $9,800,000 -- $2,212 / 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 $97,075 $8,759,516 $6,900,000 $1,859,516
2024 $97,075 $9,083,940 $6,812,955 $2,270,985
2023 $95,039 $8,905,824 $6,679,368 $2,226,456
2022 $93,335 $8,731,200 $6,548,400 $2,182,800
2021 $64,762 $6,036,736 $3,827,760 $2,208,976
2020 $64,121 $4,547,858 $3,788,512 $759,346
2019 $47,885 $4,458,685 $3,714,228 $744,457
2018 $41,861 $3,940,260 $3,641,400 $298,860
2016 $27,127 $2,485,281 $1,591,202 $894,079
2015 $26,652 $2,447,951 $1,567,301 $880,650
2014 $8,527 $711,081 $301,910 $409,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23192977

California Regional Multiple Listing Service (CRMLS)

APN: 4182-010-008