Seller's Agent in 2024
Rubina Ryono
Keller Williams Palos Verdes
(310) 938-3452
3 in this area
52 Total Sales
Estimated Value: $2,333,000 - $2,475,000
Beach life, at a spectacular price! A remarkable opportunity awaits you in the heart of Hermosa Beach, one of the most desirable and sought-after coastal towns. Just steps away from white sandy beaches, sparkling blue waters, and breathtaking sunsets, this triplex offers the chance to own your slice of coastal paradise where the beach is practically your backyard.
Whether you're an investor, a first time-homebuyer or looking to downsize from a large home, enjoy this versatile property all to yourself or with friends and family. This triplex has endless potential! Live in the charming front bungalow while renting out the rear units, or choose to rent out all three units for maximum income. All units vacant, allowing you to rent them out at current market rates. The front of the property, facing 10th Street, features a detached, 1-bedroom, 1-bathroom beach bungalow. This cozy home offers a sun-filled living room, a welcoming dining area, and a bright, spacious kitchen with ample cabinetry—perfect for preparing your favorite meals.
At the rear of the property, facing 11th Court, you'll find a detached two-story building. The lower and upper units each have 1 bedroom and 1 bathroom, with separate entrances for added privacy. The upper unit boasts a stunning view of the beach. Additionally, each unit has its own private laundry area, eliminating the need for tenants to seek out a laundromat.
A spacious courtyard and patio separate the front bungalow from the rear units, creating the feel of two distinct properties. These outdoor spaces provide plenty of room for gatherings, summer barbecues, and soaking up the coastal ambiance.
Whether you're seeking an investment opportunity or a personal beachside retreat, this coastal gem promises the lifestyle you've always dreamed of. With the upcoming LA28 Olympics and the growing demand for rentals, this is a long-term investment that will pay off for years to come. Located just a block from the vibrant Pier Avenue and everything Hermosa Beach offers, you'll never have to drive again. You’re walking distance with immediate access to top-rated gourmet restaurants, coffee shops, boutiques, gyms, yoga studios, grocery stores, library, farmers market and so much more. Plus, with Manhattan Beach and Redondo Beach just a mile away, you're at the center of the best that coastal living has to offer. This is the beach life you've always dreamed of- make it your reality today!
Last Agent to Sell the Property
Keller Williams Palos Verdes Brokerage Phone: 310-938-3452 License #01462342 Listed on: 08/15/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torrance Commercial Properties Llc | $2,415,000 | Chicago Title Company | |
| Torrance Commercial Properties Llc | $2,415,000 | Chicago Title Company | |
| Falcone Teresa Jane | -- | None Available | |
| Falcone Dewey Lawes | -- | Equity Title | |
| Falcone Dewey Lawes | -- | Equity Title | |
| Falcone Dewey Lawes | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Falcone Dewey Lawes | $305,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2024 12/09/24 | Sold | $2,415,000 | -12.2% | $1,489 / Sq Ft |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- |
| 10/17/2024 10/17/24 | Price Changed | $2,750,000 | -3.5% | $1,695 / Sq Ft |
| 08/30/2024 08/30/24 | Price Changed | $2,850,000 | -5.0% | $1,757 / Sq Ft |
| 08/15/2024 08/15/24 | For Sale | $3,000,000 | -- | $1,850 / Sq Ft |
| 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 | $2,510 | $2,415,000 | $2,300,000 | $115,000 |
| 2024 | $2,510 | $165,787 | $127,362 | $38,425 |
| 2023 | $2,472 | $162,537 | $124,865 | $37,672 |
| 2022 | $2,429 | $159,351 | $122,417 | $36,934 |
| 2021 | $2,497 | $156,227 | $120,017 | $36,210 |
| 2020 | $2,485 | $154,626 | $118,787 | $35,839 |
| 2019 | $2,443 | $151,595 | $116,458 | $35,137 |
| 2018 | $2,328 | $148,624 | $114,175 | $34,449 |
| 2016 | $2,197 | $142,855 | $109,743 | $33,112 |
| 2015 | $2,092 | $140,710 | $108,095 | $32,615 |
| 2014 | $1,944 | $137,955 | $105,978 | $31,977 |
Seller's Agent in 2024
Rubina Ryono
Keller Williams Palos Verdes
(310) 938-3452
3 in this area
52 Total Sales
Buyer's Agent in 2024
Jesse Dougherty
Compass
(310) 995-4475
8 in this area
177 Total Sales
A
Buyer Co-Listing Agent in 2024
Allie Kosik
Compass
(888) 584-9427
1 in this area
23 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24158428
APN: 4187-004-017