NOT LISTED FOR SALE

2451 Silverstrand Ave Hermosa Beach, CA 90254

Estimated Value: $2,851,000 - $3,444,455

2 Beds
2 Baths
1,292 Sq Ft
$2,371/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $3,000,000 $2,322 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $19,380/month

77 Days on Market

Highlights

  • White Water Ocean Views
  • Quartz Countertops
  • No HOA
  • Hermosa Valley Elementary School Rated A
  • L-Shaped Dining Room
  • 2 Car Attached Garage

About This Home

As of August 2024

Nestled on one of the best blocks in North Hermosa, this 2,563 square-foot ocean view lot offers a tremendous opportunity to build your dream home with shovel ready plans! The charming move-in ready home offers the ideal blend of comfort, convenience, and remarkable potential. Whether you're looking for an immediate place to call home or envision a masterpiece project, this property delivers on both fronts. Plans are already in place, meticulously designed by the notable Starr Design Group, for a future 4-bedroom, 5-bathroom, 3,270+ square foot home, complete with a roof top deck, spa, gym, wine room, elevator, and more. Enjoy panoramic ocean views from the living floor, primary suite, and roof top deck. Approvals are imminent, promising a streamlined path to your shovel-ready dream home. Located just a short distance to the beach, Valley Park, and conveniently close to downtown Manhattan Beach and Hermosa beach, shopping, restaurants, entertainment, and award-winning schools. Opportunities like this are rare, with the chance to own on Silverstrand, enhance your lifestyle, and invest in a future dream home all in one.

Last Agent to Sell the Property

David Caskey

eXp Realty of California Inc Brokerage Phone: 310-374-1800 License #01198999 Listed on: 05/16/2024

eXp Realty of California Inc

Co-Listed By

Patrick Panzarella

eXp Realty of California Inc Brokerage Phone: 310-374-1800 License #01930211

Last Buyer's Agent

Dunham Stewart

Vista Sotheby’s International Realty License #01006738

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,258

Year Built

  • Built in 1939

Lot Details

  • 2,563 Sq Ft Lot
  • Back Yard
  • Property is zoned HBR2YY

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available

Property Views

  • White Water Ocean
  • Views of a pier
  • Catalina
  • Panoramic

Interior Spaces

  • 1,292 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Gas Range
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Bathtub

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 82
  • Assessor Parcel Number 4182014007
  • $421 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,258

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: HBR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4182014007
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1292.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2321.98
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • View: Catalina, Ocean, Panoramic, Pier, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Hermosa

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2563.00
  • Lot Size Acres: 0.0588
  • Latitude Manual: 33.87177400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2563.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6210.05
  • Tax Lot: 30
  • Tax Tract Number: 82
  • TaxOtherAnnualAssessmentAmount: 421.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 9, 2024
Sold by
Michaelson Family Trust and Michaelson David J
Bought by
2451 Silverstrand Llc
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Dunham Stewart
Vista Sotheby’s International Realty
List Price
$3,395,000
Sold Price
$3,000,000
Premium/Discount to List
-$395,000
-11.63%
Views
38
Current Estimated Value
$3,063,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,614
Avg. Annual Appreciation
2.12%
Original Mortgage
$4,750,000
Outstanding Balance
$4,705,472
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$1,641,858

Purchase Details

Listed on
Mar 2, 2023
Closed on
Jul 3, 2023
Sold by
Woodside Trust
Bought by
Michaelson Family Trust and Michaelson
Seller's Agent
Rob McGarry
Vista Sotheby’s International Realty
Buyer's Agent
Patrick Panzarella
eXp Realty of California Inc
List Price
$3,200,000
Sold Price
$3,000,000
Premium/Discount to List
-$200,000
-6.25%
Views
177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,800,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2016
Sold by
Mckinnell James Alexander
Bought by
Siporen Jaromy R and The Woodside Trust

Purchase Details

Closed on
Feb 8, 2010
Sold by
Kirk Robert Duane and Robert Duane Kirk Trust
Bought by
Mckinnell James Alexander

Purchase Details

Closed on
Dec 1, 2009
Sold by
Kirk Robert Duane
Bought by
Kirk Robert Duane and Robert Duane Kirk Trust

Purchase Details

Closed on
Apr 9, 2008
Sold by
Kirk Robert Duane and Rose Marie Kirk Trust
Bought by
Kirk Robert Duane

Purchase Details

Closed on
Apr 25, 2006
Sold by
Kirk Rose Marie
Bought by
Kirk Rose Marie and Rose Marie Kirk Trust

Purchase Details

Closed on
Sep 24, 1993
Sold by
Ericson Eric Daniel and Ericson Cetha Walkington
Bought by
Ericson Eric Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
7.25%

Purchase Details

Closed on
Sep 13, 1993
Sold by
Ericson Eric Daniel and Ericson Cetha Walkington
Bought by
Ericson Eric Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2451 Silverstrand Llc $3,000,000 Upward Title Company
Michaelson Family Trust $3,000,000 Usa National Title
Siporen Jaromy R -- None Available
Mckinnell James Alexander $1,200,000 Lawyers Title
Kirk Robert Duane -- None Available
Kirk Robert Duane -- None Available
Kirk Rose Marie -- None Available
Ericson Eric Daniel -- Continental Land Title
Ericson Eric Daniel -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2451 Silverstrand Llc $4,750,000
Previous Owner Michaelson Family Trust $1,800,000
Previous Owner Ericson Eric Daniel $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $3,000,000 -6.2% $2,322 / Sq Ft
06/18/2024 06/18/24 Price Changed $3,199,000 -5.8% $2,476 / Sq Ft
05/16/2024 05/16/24 For Sale $3,395,000 +13.2% $2,628 / Sq Ft
07/13/2023 07/13/23 Sold $3,000,000 -6.3% $2,322 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $3,200,000 +6.7% $2,477 / Sq Ft
03/29/2023 03/29/23 Price Changed $2,999,000 -6.3% $2,321 / Sq Ft
03/02/2023 03/02/23 For Sale $3,200,000 -- $2,477 / 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 $32,258 $3,000,000 $2,841,300 $158,700
2024 $32,258 $3,000,000 $2,950,000 $50,000
2023 $16,123 $1,488,830 $1,018,983 $469,847
2022 $15,833 $1,459,638 $999,003 $460,635
2021 $15,580 $1,431,018 $979,415 $451,603
2019 $15,169 $1,388,575 $950,366 $438,209
2018 $14,664 $1,361,349 $931,732 $429,617
2016 $13,946 $1,308,488 $895,552 $412,936
2015 $13,678 $1,288,834 $882,100 $406,734
2014 $13,297 $1,263,588 $864,821 $398,767
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24097539

California Regional Multiple Listing Service (CRMLS)

APN: 4182-014-007