NOT LISTED FOR SALE

Estimated Value: $2,974,000 - $4,564,000

4 Beds
3.5 Baths
2,939 Sq Ft
$1,174/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $2,880,000 $980 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $21,281/month

56 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Corner Lot
  • Hermosa Valley Elementary School Rated A
  • Updated Kitchen
  • High Ceiling

About This Home

As of May 2024

Absolutely stunning panoramic ocean views from this beautifully updated single family residence in Hermosa's South Sand Section! With five feet of extra height compared to what can be built today, you have to see this home and these views in person to fully appreciate how special and grand they are. And there is so much more to this home including a fully self-sufficient and flexible space on the first level complete with living and dining areas, kitchenette, bedroom, en suite bathroom, separate entrance and parking spot. With a beautiful remodel completed in 2016, the home boasts stainless steel Viking Professional appliances, quartz countertops, 6" wide plank oak floors, a fireplace in the family room and multiple A/C units strategically placed throughout the home. Natural light pours through to showcase the extra tall ceilings, seemingly endless windows, and a floor plan built for entertaining. Enjoy the patios off the kitchen and primary suite, wet bar in the main living area, and location just 1.5 blocks to that glorious sand. If you've always wanted to fully live the beach lifestyle, you have found the perfect place to call home. 238 1st St is what Hermosa Beach dreams are made of!

Last Agent to Sell the Property

Colin Aita

Strand Hill Properties Brokerage Phone: 310.722.9986 License #01936603 Listed on: 01/25/2024

Last Buyer's Agent

Bruce Kang

Bruce Kang, Broker License #01873702

Bruce Kang, Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,684

Year Built

  • Built in 1972

Lot Details

  • 2,111 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Property is zoned HBR3*

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Panoramic

Interior Spaces

  • 2,939 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Built-In Range
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • In-Law or Guest Suite

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 20 / 41
  • Tax Tract Number 4320
  • Assessor Parcel Number 4188014067

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,684

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: HBR3*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4188014067
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2939.00 Square Feet
  • Interior Amenities: Balcony, Bar, Ceiling Fan(s), High Ceilings, In-Law Floorplan, Quartz Counters, Recessed Lighting, Wet Bar
  • Stories: 3
  • Entry Location: 1st floor
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 979.93
  • Room Type: Family Room, Kitchen, Living Room, Primary Suite
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • View: Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Manhattan Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped
  • Lot Size Sq Ft: 2111.00
  • Lot Size Acres: 0.0485

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2111.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 41
  • Tax Census Tract: 6211.04
  • Tax Lot: 20
  • Tax Tract Number: 4320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
May 2, 2024
Sold by
Nomo Investments Llc
Bought by
Nguyen Kong Quoc
Seller's Agent
Colin Aita
Strand Hill Properties
Buyer's Agent
Bruce Kang
Bruce Kang, Broker
List Price
$2,995,000
Sold Price
$2,880,000
Premium/Discount to List
-$115,000
-3.84%
Views
70
Current Estimated Value
$3,451,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,744
Avg. Annual Appreciation
14.63%
Original Mortgage
$2,160,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 26, 2024
Sold by
Nomo Investments Llc
Bought by
Nguyen Kong Quoc
Seller's Agent
Colin Aita
Strand Hill Properties
Buyer's Agent
Bruce Kang
Bruce Kang, Broker
List Price
$2,995,000
Sold Price
$2,880,000
Premium/Discount to List
-$115,000
-3.84%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2020
Sold by
Morshed Hadi and Morshed Shahrzad N
Bought by
Nomo Investments Llc

Purchase Details

Listed on
Feb 13, 2016
Closed on
Feb 8, 2016
Sold by
Beach Guys Development Llc
Bought by
Shadi Living Trust
Seller's Agent
Jeff Chaney
Rockland Commercial, Inc
Buyer's Agent
Craig Quillin
Beach City Brokers
List Price
$2,649,000
Sold Price
$2,555,500
Premium/Discount to List
-$93,500
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%

Purchase Details

Closed on
Oct 27, 2014
Sold by
Blom Douglas D
Bought by
Beach Guys Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1997
Sold by
Blom Doug
Bought by
Blom Douglas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
7.33%
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
Nguyen Kong Quoc $2,880,000 First American Title Company
Nguyen Kong Quoc -- First American Title Company
Nguyen Kong Quoc $2,880,000 First American Title Company
Nguyen Kong Quoc $2,880,000 First American Title Company
Nomo Investments Llc -- None Available
Shadi Living Trust $2,555,500 Title 365
Beach Guys Development Llc $1,609,000 Lawyers Title
Blom Douglas D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Kong Quoc $2,197,000
Closed Nguyen Kong Quoc $2,160,000
Closed Nguyen Kong Quoc $2,160,000
Previous Owner Beach Guys Development Llc $1,550,000
Previous Owner Blom Douglas D $270,500
Previous Owner Blom Douglas D $592,000
Previous Owner Blom Douglas D $50,000
Previous Owner Blom Douglas D $595,000
Previous Owner Blom Douglas D $35,000
Previous Owner Blom Douglas D $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $2,880,000 -2.3% $980 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/17/2024 03/17/24 Price Changed $2,949,000 0.0% $1,003 / Sq Ft
03/16/2024 03/16/24 Price Changed $2,949,000 0.0% $1,003 / Sq Ft
03/14/2024 03/14/24 Price Changed $2,949,000 -1.5% $1,003 / Sq Ft
01/25/2024 01/25/24 For Sale $2,995,000 +17.2% $1,019 / Sq Ft
02/19/2016 02/19/16 Sold $2,555,500 -3.5% $759 / Sq Ft
02/14/2016 02/14/16 For Sale $2,649,000 0.0% $787 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
01/31/2016 01/31/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $2,649,000 -- $787 / 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 $29,684 $2,937,600 $2,300,100 $637,500
2024 $29,684 $2,746,405 $2,109,681 $636,724
2023 $29,254 $2,692,555 $2,068,315 $624,240
2022 $28,548 $2,639,760 $2,027,760 $612,000
2021 $30,233 $2,794,810 $1,987,810 $807,000
2020 $30,058 $2,766,154 $1,967,428 $798,726
2019 $29,435 $2,711,916 $1,928,851 $783,065
2018 $28,475 $2,658,742 $1,891,031 $767,711
2016 $17,472 $1,633,536 $1,243,985 $389,551
2015 $17,137 $1,609,000 $1,225,300 $383,700
2014 $4,608 $418,031 $131,816 $286,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24015831

California Regional Multiple Listing Service (CRMLS)

APN: 4188-014-067