Landlord's Agent in 2021
Kristen Novoa
Vista Sotheby’s International Realty
(310) 650-1078
2 in this area
39 Total Sales
Estimated Value: $6,444,000 - $13,644,748
5
Beds
5
Baths
3,615
Sq Ft
$2,758/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Home Theater
- Multi-Level Bedroom
- Hermosa Valley Elementary School Rated A
- Fishing
- Fireplace in Primary Bedroom
About This Home
As of August 2021Beachfront walk street corner locations do not come available very often, let alone on arguably the best part of The Strand. When they do, it's worth more than a look, it's time to make the move. This stunning home is ideally located between the Hermosa and Manhattan Beach Piers and both Downtown areas. The main floor opens to the expansive beachfront patio with fire-pit and outdoor kitchen ready for your gourmet bbq skills. The spacious side yard even features a mini lazy river! After a day swimming, sunning and playing at the beach, cozy up to a fireplace, or better yet, pop some popcorn and make it a movie night in the spacious movie theater with comfortable reclining seats. Los Angeles Magazine has named Hermosa an "outstanding coastal town' praising many of our businesses and shops. From traditional surf and turf, to more exotic cuisines, from comedy to jazz, Hermosa Beach has many fine dining and entertainment destinations from which to choose. But if you want to venture out, visit all of the famous attractions Los Angeles has to offer! Live a little, slow down and enjoy the beach life!
Last Agent to Rent the Property
Vista Sotheby’s International Realty License #01291929 Listed on: 11/11/2020
Last Renter's Agent
Vista Sotheby’s International Realty License #01291929 Listed on: 11/11/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $147,037
Year Built
- Built in 2007
Lot Details
- 4,224 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned HBR1YY
Parking
- 2 Car Attached Garage
- 3 Open Parking Spaces
Property Views
- White Water Ocean
- Coastline
- Views of a pier
- Catalina
- Panoramic
Interior Spaces
- 3,615 Sq Ft Home
- Furniture Can Be Negotiated
- Family Room with Fireplace
- Home Theater
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Multi-Level Bedroom
Additional Features
- Exterior Lighting
- Central Heating
Listing and Financial Details
- Security Deposit $70,000
- Available 11/11/20
- Tax Lot 7
- Assessor Parcel Number 4182003033
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing
- Park
- Dog Park
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 9, 2021
Sold by
Chen Linda and Chance Paul
Bought by
Formosa Family Llc
Current Estimated Value
Purchase Details
Closed on
Jul 15, 2003
Sold by
Viets Ann Estelle and Elliott Ann Estelle
Bought by
Chen Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,030,000
Interest Rate
4.25%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 14, 2003
Sold by
Viets A James
Bought by
Viets Ann Estelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,030,000
Interest Rate
4.25%
Mortgage Type
Negative Amortization
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Formosa Family Llc | $13,000,000 | Lawyers Title Company | |
| Chen Linda | -- | Lawyers Title | |
| Chen Linda | $3,172,500 | North American Title | |
| Viets Ann Estelle | -- | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chen Linda | $4,200,000 | |
| Previous Owner | Chen Linda | $2,030,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2021 08/01/21 | Rented | $40,000 | +14.3% | -- |
| 06/14/2021 06/14/21 | Under Contract | -- | -- | -- |
| 11/11/2020 11/11/20 | For Rent | $35,000 | +2.9% | -- |
| 08/16/2019 08/16/19 | Rented | $34,000 | -15.0% | -- |
| 05/20/2019 05/20/19 | For Rent | $40,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $147,037 | $14,071,615 | $12,216,328 | $1,855,287 |
| 2024 | $147,037 | $13,795,702 | $11,976,793 | $1,818,909 |
| 2023 | $144,821 | $13,525,199 | $11,741,954 | $1,783,245 |
| 2022 | $142,456 | $13,260,000 | $11,511,720 | $1,748,280 |
| 2021 | $68,451 | $6,283,622 | $4,362,675 | $1,920,947 |
| 2020 | $68,076 | $6,219,193 | $4,317,942 | $1,901,251 |
| 2019 | $66,717 | $6,097,249 | $4,233,277 | $1,863,972 |
| 2018 | $64,486 | $5,977,696 | $4,150,272 | $1,827,424 |
| 2016 | $61,445 | $5,745,577 | $3,989,113 | $1,756,464 |
| 2015 | $60,474 | $5,659,274 | $3,929,193 | $1,730,081 |
| 2014 | $59,182 | $5,548,418 | $3,852,226 | $1,696,192 |
Source: Public Records
Agents Affiliated with this Home
-
Kristen Novoa
-
Ed Kaminsky
Buyer's Agent in 2019
Ed Kaminsky
eXp Realty of California, Inc
(310) 465-3993
33 in this area
503 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20237597
APN: 4182-003-033
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