NOT LISTED FOR SALE

Estimated Value: $6,777,000 - $8,375,000

4 Beds
4 Baths
4,144 Sq Ft
$1,822/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2022

Last sale price $6,750,000 $1,629 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $47,878 / mo

126 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Gated Parking
  • Garage Cooled
  • Projection Room
  • Fireplace in Primary Bedroom

About This Home

As of September 2022

Welcome to this impeccably re-imagined, Woods + Dangaran designed estate. This majestic, recently remodeled four-story home with luxury amenities throughout sits on one of the largest lots in the Hermosa Beach Sand Section, on sought-after Monterey Boulevard. Centrally located between the Hermosa and Manhattan Beach piers, it's only a short walk from the ocean, as well as favorite local dining hotspots, shops, and entertainment. The main floor boasts a dramatic entryway featuring light filled cathedral ceilings, a fully equipped media room with large projection screen, and primary bedroom ensuite with fireplace, large walk-in closet, two-person Victoria + Albert soaking tub, steam shower, and Hansgrohe plumbing. Sliding doors open off the primary suite to an ipe-covered wraparound deck. Two more bedrooms with built-in custom casework and a guest bath sit on this main level. Energy efficient Fleetwood windows and Villagio wood flooring abound. Walk up the stunning contemporary staircase to find a living room with ocean views and quiet office/fourth bedroom with adjacent full bath. You'll love entertaining in the elegant, sky-lit kitchen with large island, luxury Miele appliances, breakfast nook, and huge chef's pantry. Pocket doors to the second-floor porch fully recede to create seamless indoor/outdoor living. The second floor also boasts a spacious laundry room complete with TWO sets of commercial LG washers and dryers. A new elevator effortlessly connects the two living floors to the garage below.The flagship feature of 2240 Monterey is the top-floor roof deck with unobstructed panoramic ocean views from Malibu to Palos Verdes! This entertainer's paradise covered in refinished ipe wood is fully reinforced to house a potential jacuzzi and equipped with plumbing and gas hook-ups to accommodate the future outdoor kitchenette, grill, and cozy firepit of your dreams. The ground-floor four-car garage includes tremendous storage; full bathroom; potential wine storage (temp controlled); kitchenette hook-ups, fridge & freezer--with driveway parking for three additional cars! The ability to entertain at this magnificent property cannot be understated.

Last Agent to Sell the Property

Clara Yang

Sotheby's International Realty License #01201082 Listed on: 05/05/2022

Sotheby's International Realty

Last Buyer's Agent

Robb Stroyke

License #00940891

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 5,495 Sq Ft Lot
  • Lot Dimensions are 55x100
  • Property is zoned HBR2YY

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,144 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Living Room
  • Dining Room
  • Projection Room
  • Home Theater
  • Home Office
  • Library
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire Sprinkler System

Parking

  • 4 Car Direct Access Garage
  • Garage Cooled
  • Parking Storage or Cabinetry
  • Gated Parking

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4182-016-007

Home Details

Home Type

Single Family

Year Built

Built in 1991 | Remodeled

Lot Details

5,495 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 4144
  • Lot Acreage: 0.1261
  • Lot Dimensions: 55x100
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom, Family Room, Great Room
  • Flooring: Wood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Water Purifier, Elevator, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1720.08

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Panoramic, Ocean, Catalina, Water, White Water, Coastline
  • View: Yes

Garage/Parking

  • Parking Garage: Private Garage, Private, Garage - 4+ Car, Garage Is Attached, Gated, Direct Entrance, Covered Parking, Built-In Storage, Air Conditioned Garage
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Fire Sprinklers, Prewired for alarm system
  • Sewer: In Connected and Paid

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4182-016-007
  • Lot Size Area: 5495

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Sep 13, 2022
Sold by
Bought by
Seller's Agent
Clara Yang
Sotheby's International Realty
Buyer's Agent
Robb Stroyke
List Price
$8,388,000
Sold Price
$6,750,000
Premium/Discount to List
-$1,638,000
-19.53%
Views
6
Current Estimated Value
$7,549,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,232
Avg. Annual Appreciation
2.96%

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jul 22, 2013
Sold by
Bought by
Seller's Agent
Lynne Pope
Coldwell Banker Realty
Buyer's Agent
Jerry Tainter
Ossia Real Estate
List Price
$3,200,000
Sold Price
$3,125,000
Premium/Discount to List
-$75,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Dec 17, 2007
Sold by
Bought by

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
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,277,500
Interest Rate
3.89%

Purchase Details

Closed on
May 17, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hermosa Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,750,000 Lawyers Title
$3,125,000 Progressive
$3,075,000 Lawyers Title Company
-- None Available
$2,750,000 Lawyers Title
-- Gateway Title Company
$1,825,000 Gateway Title Company
-- --
$1,080,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,495,000
Previous Owner $1,500,000
Previous Owner $1,500,000
Previous Owner $1,750,000
Previous Owner $2,000,000
Previous Owner $1,925,000
Previous Owner $75,000
Previous Owner $1,276,000
Previous Owner $1,277,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $6,750,000 -5.3% $1,629 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $7,128,000 -9.7% $1,720 / Sq Ft
06/16/2022 06/16/22 Price Changed $7,898,000 -5.8% $1,906 / Sq Ft
05/05/2022 05/05/22 For Sale $8,388,000 +168.4% $2,024 / Sq Ft
08/20/2013 08/20/13 Sold $3,125,000 -2.3% $766 / Sq Ft View Prior Sale
07/16/2013 07/16/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $3,200,000 0.0% $784 / Sq Ft
12/01/2012 12/01/12 Rented $10,500 0.0% --
11/19/2012 11/19/12 Under Contract -- -- --
10/03/2012 10/03/12 For Rent $10,500 +5.0% --
05/17/2012 05/17/12 Rented $10,000 0.0% --
04/04/2012 04/04/12 Under Contract -- -- --
02/05/2012 02/05/12 For Rent $10,000 -- --
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $75,654 $7,022,700 $5,462,100 $1,560,600
2024 $73,733 $6,885,000 $5,355,000 $1,530,000
2023 $72,191 $6,750,000 $5,250,000 $1,500,000
2022 $43,952 $4,079,020 $2,668,411 $1,410,609
2021 $43,132 $3,999,040 $2,616,090 $1,382,950
2019 $38,831 $3,583,744 $2,538,497 $1,045,247
2018 $37,545 $3,513,475 $2,488,723 $1,024,752
2016 $34,224 $3,236,044 $2,392,084 $843,960
2015 $33,565 $3,187,436 $2,356,153 $831,283
2014 $32,781 $3,125,000 $2,310,000 $815,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-152246

The MLS

APN: 4182-016-007

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