NOT LISTED FOR SALE

242 Longfellow Ave Hermosa Beach, CA 90254

Estimated Value: $2,143,000 - $2,970,598

2 Beds
2 Baths
1,056 Sq Ft
$2,535/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $1,575,000 $1,491 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $16,130/month

24 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Great Room
  • Hermosa Valley Elementary School Rated A
  • Spanish Architecture
  • Lawn

About This Home

As of December 2015

Charming ocean view duplex. Legal non conforming. Two blocks from beach. Built in 1933. Each unit is 1 bedroom, 1 bath. Both units are leased at a low rent ($1350 + $1275). Updates include newer windows, wood floors, artificial turf...etc. Street to alley lot. No garage. Great investment opportunity. Live now, build later. Ocean views from every level including front yard. Lot is approx. 30'x70' street to alley. Maximum height for new home 25'. Please check with City.

Last Agent to Sell the Property

Hana El Sawy

Vista Sotheby’s International Realty License #01063874 Listed on: 09/17/2015

Last Buyer's Agent

Hana El Sawy

Vista Sotheby’s International Realty License #01063874 Listed on: 09/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,896

Year Built

  • Built in 1933

Lot Details

  • 2,109 Sq Ft Lot
  • Property fronts an alley
  • Wood Fence
  • Block Wall Fence
  • Lawn
  • Front Yard

Home Design

  • Spanish Architecture
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,056 Sq Ft Home
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Living Room
  • Wood Flooring
  • Ocean Views
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Public Parking
  • Parking Available
  • No Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Powered By Gas
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 19
  • Assessor Parcel Number 4181019016

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,896

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4181019016
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1056.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 1491.48
  • Room Type: Great Room, Living Room
  • Window Features: Drapes

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: No Driveway, Public

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Hermosa

Lot Info

  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 2109.00
  • Price Per Lot Square Foot: 746.80
  • Lot Size Acres: 0.0480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2109.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Haynes Barbara Matias
Bought by
Haynes James Bryan
Current Estimated Value
$2,676,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 23, 2016
Sold by
1617 Hermosa Avenue Llc
Bought by
The Haynes Family Trust

Purchase Details

Listed on
Sep 17, 2015
Closed on
Oct 27, 2015
Sold by
Matranga Frank Peter
Bought by
1617 Hermosa Avenue Llc
Seller's Agent
Hana El Sawy
Vista Sotheby’s International Realty
Buyer's Agent
Hana El Sawy
Vista Sotheby’s International Realty
List Price
$1,649,000
Sold Price
$1,575,000
Premium/Discount to List
-$74,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$856,250
Interest Rate
2.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 1994
Sold by
Matranga Frank Peter and Matranga Katherine Shields
Bought by
Matranga Frank Peter

Purchase Details

Closed on
Dec 15, 1993
Sold by
Matranga Frank Peter and Matranga Katherine Shields
Bought by
Matranga Frank Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Haynes James Bryan -- First American Title Company
Haynes James Bryan -- First American Title Company
The Haynes Family Trust -- None Available
1617 Hermosa Avenue Llc $1,575,000 Usa National Title Co
Matranga Frank Peter -- Western Cities Title
Matranga Frank Peter -- Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes James Bryan $2,100,000
Closed Haynes James Bryan $2,500,000
Previous Owner 1617 Hermosa Avenue Llc $856,250
Previous Owner Matranga Frank Peter $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2015 12/18/15 Sold $1,575,000 -1.5% $1,491 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/28/2015 09/28/15 Price Changed $1,599,000 -3.0% $1,514 / Sq Ft
09/17/2015 09/17/15 For Sale $1,649,000 0.0% $1,562 / Sq Ft
09/17/2015 09/17/15 Price Changed $1,649,000 +3.1% $1,562 / Sq Ft
09/12/2015 09/12/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $1,599,000 -- $1,514 / 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 $19,896 $1,864,476 $1,538,934 $325,542
2024 $19,896 $1,827,918 $1,508,759 $319,159
2023 $19,486 $1,792,077 $1,479,176 $312,901
2022 $19,137 $1,756,939 $1,450,173 $306,766
2021 $18,836 $1,722,490 $1,421,739 $300,751
2019 $18,342 $1,671,402 $1,379,570 $291,832
2018 $17,733 $1,638,630 $1,352,520 $286,110
2016 $16,875 $1,575,000 $1,300,000 $275,000
2015 $1,634 $112,349 $89,736 $22,613
2014 $1,485 $110,150 $87,979 $22,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15197999

California Regional Multiple Listing Service (CRMLS)

APN: 4181-019-016