2468 Silverstrand Ave Hermosa Beach, CA 90254
4
Beds
3
Baths
1,504
Sq Ft
2,536
Sq Ft Lot
Highlights
- Ocean View
- Corner Lot
- No HOA
- Hermosa Valley Elementary School Rated A
About This Home
As of October 2017Great investment opportunity to own an income producing Triplex in an A+ location. Situated on a corner lot, this triplex consists of a two 1 bed, 1 bath units downstairs and a 2 bed, 1 bath unit upstairs. This investment site can be developed into a tremendous single family home. Sales price includes a set of conceptual plans from local and noted architect Michael Lee. Plans consist of a Beach Modern Design with 4 beds, 3.5 baths, and 3000 sq. ft. (BTV) of living space. In addition, plans feature a large media room, wrap around yard, and ocean views from master bedroom, kitchen/living room and the rooftop deck.
Last Agent to Sell the Property
John Altamura
S C Real Estate License #00935435 Listed on: 06/23/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,536
Year Built
- Built in 1929
Lot Details
- 2,536 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 3 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,504 Sq Ft Home
- Entryway
- Ocean Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 22
- Tax Tract Number 113
- Assessor Parcel Number 4182015022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 13, 2018
Sold by
Autumn Sage 1031 Llc
Bought by
Gordon David R and Gordon Elsie
Purchase Details
Listed on
Jul 16, 2017
Closed on
Oct 3, 2017
Sold by
Johal Balbir
Bought by
Autumn Sage 1031 Llc
Seller's Agent
John Garland
John Garland Real Estate
Buyer's Agent
John Garland
John Garland Real Estate
List Price
$2,275,000
Sold Price
$2,025,000
Premium/Discount to List
-$250,000
-10.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$1,150,000
Interest Rate
3.78%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 23, 2016
Closed on
Oct 7, 2016
Sold by
Security Fse Three Hundred & Thirty Six
Bought by
Johal Balbir
Seller's Agent
John Altamura
S C Real Estate
Buyer's Agent
John Garland
John Garland Real Estate
List Price
$1,999,000
Sold Price
$1,975,000
Premium/Discount to List
-$24,000
-1.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Purchase Details
Closed on
May 20, 2016
Sold by
Moy Lawrence and May Lina
Bought by
Security F S E Three Hundred & Thirty Si
Purchase Details
Closed on
Mar 31, 2004
Sold by
Theel Cole E and Theel Julie E
Bought by
Moy Lawrence and Moy Lina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 4, 2001
Sold by
Theel Julie E and Eakins Julie C
Bought by
Theel Cole E and Theel Julie E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.09%
Purchase Details
Closed on
Jun 2, 1998
Sold by
Schneider Jeff L
Bought by
Schneider Jeff L and Stroyke Robb D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,250
Interest Rate
2.9%
Purchase Details
Closed on
Apr 15, 1998
Sold by
Schneider Jeff L and Stroyke Robb D
Bought by
Eakins Julie C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,250
Interest Rate
2.9%
Purchase Details
Closed on
Feb 25, 1998
Sold by
Schneider Betsy
Bought by
Schneider Jeff L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,250
Interest Rate
2.9%
Purchase Details
Closed on
Nov 22, 1996
Sold by
Louise T Raife Trust and Donna L
Bought by
Schneider Jef L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.75%
Similar Homes in Hermosa Beach, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Fidelity National Title | |
| Grant Deed | $2,025,000 | Fntg Builder Services | |
| Grant Deed | $1,975,000 | Usa National Title Company | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $1,362,500 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Gift Deed | -- | Investors Title Company | |
| Grant Deed | $539,000 | Investors Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Grant Deed | $345,000 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,173,000 | New Conventional | |
| Previous Owner | $1,150,000 | Commercial | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $1,000,000 | Stand Alone First | |
| Previous Owner | $660,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $420,000 | Purchase Money Mortgage | |
| Previous Owner | $494,100 | Unknown | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $404,250 | No Value Available | |
| Previous Owner | $273,000 | No Value Available | |
| Previous Owner | $276,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Price Changed | $2,675,000 | -6.1% | $1,400 / Sq Ft |
| 06/11/2025 06/11/25 | For Sale | $2,850,000 | +40.7% | $1,491 / Sq Ft |
| 10/17/2017 10/17/17 | Sold | $2,025,000 | -6.9% | $1,066 / Sq Ft |
| 08/25/2017 08/25/17 | Pending | -- | -- | -- |
| 08/14/2017 08/14/17 | Price Changed | $2,175,000 | -4.4% | $1,145 / Sq Ft |
| 07/16/2017 07/16/17 | For Sale | $2,275,000 | +15.2% | $1,197 / Sq Ft |
| 10/13/2016 10/13/16 | Sold | $1,975,000 | -1.2% | $1,313 / Sq Ft |
| 08/17/2016 08/17/16 | Pending | -- | -- | -- |
| 06/23/2016 06/23/16 | For Sale | $1,999,000 | 0.0% | $1,329 / Sq Ft |
| 06/20/2016 06/20/16 | Pending | -- | -- | -- |
| 06/02/2016 06/02/16 | Price Changed | $1,999,000 | -4.8% | $1,329 / Sq Ft |
| 04/21/2016 04/21/16 | Price Changed | $2,100,000 | -4.5% | $1,396 / Sq Ft |
| 04/05/2016 04/05/16 | For Sale | $2,199,000 | -- | $1,462 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $24,536 | $2,304,098 | $2,247,209 | $56,889 |
| 2024 | $24,536 | $2,258,921 | $2,203,147 | $55,774 |
| 2023 | $24,030 | $2,214,630 | $2,159,949 | $54,681 |
| 2022 | $23,601 | $2,171,207 | $2,117,598 | $53,609 |
| 2021 | $23,209 | $2,128,635 | $2,076,077 | $52,558 |
| 2019 | $22,600 | $2,065,500 | $2,014,500 | $51,000 |
| 2018 | $21,940 | $2,025,000 | $1,975,000 | $50,000 |
| 2016 | $18,354 | $1,636,420 | $1,561,359 | $75,061 |
| 2015 | $18,050 | $1,611,840 | $1,537,906 | $73,934 |
| 2014 | $17,576 | $1,580,267 | $1,507,781 | $72,486 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Audrey Judson
Pacifica Properties Group, Inc.
(310) 902-3234
7 in this area
53 Total Sales
-
Seller Co-Listing Agent in 2025
Lynn Range
Vista Sotheby’s International Realty
(310) 308-1221
3 in this area
22 Total Sales
-
Seller's Agent in 2017
John Garland
John Garland Real Estate
(310) 486-2197
8 Total Sales
-
J
Seller's Agent in 2016
John Altamura
S C Real Estate
-
Seller Co-Listing Agent in 2016
Vincenzo Altamura
S C Real Estate
(310) 562-4131
7 in this area
56 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16070426
APN: 4182-015-022
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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