NOT LISTED FOR SALE

2435 Myrtle Ave Hermosa Beach, CA 90254

Estimated Value: $3,465,000 - $5,130,207

6 Beds
4.5 Baths
3,444 Sq Ft
$1,314/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $4,250,000 $1,234 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $26,699/month

8 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Open Floorplan
  • Hermosa Valley Elementary School Rated A
  • Updated Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of April 2024

You've gotta see this completely unique and inspiring ocean-view property with two structures, one providing income to help pay for your modern beach pad. Main home is a remodeled, 3-level, 3 bedroom, 1865 sqft. home with sun-drenched deck and 180-degree views that cannot be blocked. You'll love the bright, open, top-level living space, which features an elegantly remodeled kitchen with high-end appliances and custom storage solutions.

* You cannot. Stop. Looking. At the ocean. All the time. And you'll hear the waves crashing all day. *

Your oversized primary suite with gorgeous, updated bath is on the middle level. It features two sinks, tiled shower and a jetted tub. Keep warm and cozy with the custom gas stove heating unit. On the lowest level, two sizable and bright bedrooms share a remodeled bath. The refreshed back patio hosts a private hot tub, rounding out your SoCal lifestyle.

The second, separate unit (on Ozone Ct.) is a 2-story 1960s structure with two rental units totaling 1559 sqft. Upstairs unit is 2br/1ba, while a permitted and updated ADU downstairs is 1br/1ba. Each unit is tenant-occupied and produces steady income.

Both buildings have newer smooth stucco and new roofs. The main home on Myrtle – a short, quiet street near the new school, Valley Park and just a few minutes' walk to Martha's or the beach – has a new central furnace and is plumbed for A/C. Newer tankless water heater. New solar on the main home (owned), with a zero electric bill. Garage wired with 220V ready for an electric car charger. Kitchen remodeled in 2023, featuring elegant marble counters, custom cabinetry, SubZero fridge, Thermador dishwasher and Samsung Flex Duo range & oven.

Power poles are already down in this area, making for pristine ocean views. (You really can't stop looking at and listening to the Pacific, and why would you want to?) An amazing opportunity in the Hermosa Beach Sand Section!

Last Agent to Sell the Property

Dave Fratello

Edge Brokerage Phone: 310-386-2952 License #01880469 Listed on: 03/21/2024

Co-Listed By

Adam Wilson

Edge Brokerage Phone: 310-386-2952 License #01947622

Last Buyer's Agent

Julie Christensen

Vista Sotheby’s International Realty License #01804587

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969 | Remodeled

Lot Details

  • 3,018 Sq Ft Lot
  • Lot Dimensions are 30x100
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Rectangular Lot
  • Level Lot

Parking

  • 4 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway Level

Property Views

  • Ocean
  • Panoramic

Home Design

  • Duplex
  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,444 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Closed Circuit Camera
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Double Oven
  • Electric Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Eco-Friendly Details

  • Grid-tied solar system exports excess electricity
  • Solar owned by seller

Outdoor Features

  • Above Ground Spa
  • Balcony
  • Patio

Schools

  • Hermosa Middle School
  • Mira Costa High School

Utilities

  • Central Heating
  • 220 Volts For Spa
  • 220 Volts in Garage
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 1031
  • Assessor Parcel Number 4182013023

Property Details

Home Type

Multi-Family

Year Built

Built in 1969 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Closed Circuit Camera(s)
  • View: Yes
  • Zoning: R2
  • Architectural Style: Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4182013023
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3444.00 Square Feet
  • Interior Amenities: Balcony, Living Room Deck Attached, Open Floorplan, Stone Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Eating Area: In Family Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1234.03
  • Room Type: Great Room, Laundry, Main Floor Primary Bedroom
  • Spa Features: Private, Above Ground
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Shower In Tub, Jetted Tub
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Exterior Features: Satellite Dish
  • View: Ocean, Panoramic
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Level
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Gas Range, High Efficiency Water Heater, Microwave, Refrigerator, Water Heater
  • Electric: 220 Volts For Spa, 220 Volts in Garage, Electricity - On Property, Photovoltaics on Grid, Photovoltaics Seller Owned
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: Mira Costa
  • Middle Or Junior School: Hermosa
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size: 30x100
  • Lot Size Sq Ft: 3018.00
  • Lot Size Acres: 0.0693
  • Latitude Manual: 33.87124600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3018.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 1031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 17, 2024
Sold by
Ron And Kari Rothstein Trust and Rothstein Ronald J
Bought by
2435 Myrtle Llc
Seller's Agent
Dave Fratello
Edge
Buyer's Agent
Julie Christensen
Vista Sotheby’s International Realty
List Price
$4,199,000
Sold Price
$4,250,000
Premium/Discount to List
$51,000
1.21%
Views
34
Current Estimated Value
$4,525,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,552
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Aug 1, 2023
Sold by
Rothstein Ronald J and Rothstein Kari A
Bought by
Ron And Kari Rothstein Trust and Rothstein

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
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2019
Sold by
Rothstein Ronald Jerry and Rothstein Kari Ayn
Bought by
Rothstein Ronald J and Rothstein Kari A

Purchase Details

Listed on
Jul 23, 2014
Closed on
Oct 31, 2014
Sold by
Aubrey Truman R and Aubrey Janice
Bought by
Rothstein Ronald Jerry and Rothstein Kari Ayn
Seller's Agent
Jerry Tainter
Ossia Real Estate
Buyer's Agent
Dave Fratello
Edge
List Price
$2,999,000
Sold Price
$2,800,000
Premium/Discount to List
-$199,000
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$1,960,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2013
Sold by
Aubrey Truman R and Aubrey Janice P
Bought by
Aubrey Truman R and Aubrey Janice

Purchase Details

Closed on
Jan 5, 2007
Sold by
Norton Marianne
Bought by
Aubrey Truman R and Aubrey Janice P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,300
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 1999
Sold by
Slaven Mary Gene
Bought by
Norton Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,000
Interest Rate
7.5%

Purchase Details

Closed on
May 19, 1998
Sold by
Dalton Carl N and Dalton Victoria L
Bought by
Slaven Mary Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2435 Myrtle Llc $4,250,000 Wfg National Title
Ron And Kari Rothstein Trust -- Commonwealth Land Title
Rothstein Ronald J -- Commonwealth Land Title
Rothstein Ronald J -- None Available
Rothstein Ronald Jerry $2,800,000 Usa National Title Company
Aubrey Truman R -- None Available
Aubrey Truman R $1,829,000 Lawyers Title Company
Norton Marianne $905,000 --
Slaven Mary Gene $670,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rothstein Ronald J $2,000,000
Previous Owner Rothstein Ronald Jerry $1,960,000
Previous Owner Aubrey Truman R $1,280,300
Previous Owner Norton Marianne $579,000
Previous Owner Slaven Mary Gene $536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2024 04/24/24 Sold $4,250,000 +1.2% $1,234 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $4,199,000 +50.0% $1,219 / Sq Ft
12/24/2014 12/24/14 Sold $2,800,000 -2.4% $813 / Sq Ft View Prior Sale
10/24/2014 10/24/14 Pending -- -- --
10/24/2014 10/24/14 Price Changed $2,870,000 -4.3% $833 / Sq Ft
07/23/2014 07/23/14 For Sale $2,999,000 -- $871 / 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 $35,850 $4,335,000 $3,621,000 $714,000
2024 $35,850 $3,299,191 $2,592,224 $706,967
2023 $35,108 $3,234,502 $2,541,397 $693,105
2022 $34,478 $3,171,081 $2,491,566 $679,515
2021 $33,794 $3,108,904 $2,442,712 $666,192
2019 $32,905 $3,016,694 $2,370,260 $646,434
2018 $31,899 $2,957,544 $2,323,785 $633,759
2016 $31,114 $2,842,700 $2,233,550 $609,150
2015 $30,430 $2,800,000 $2,200,000 $600,000
2014 $22,050 $1,998,978 $1,748,698 $250,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24056415

California Regional Multiple Listing Service (CRMLS)

APN: 4182-013-023