NOT LISTED FOR SALE

Estimated Value: $2,087,000 - $3,066,349

4 Beds
2 Baths
1,672 Sq Ft
$1,466/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $2,200,000 $1,316 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $15,097/month

74 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Laundry Room
  • Hermosa Valley Elementary School Rated A
  • 1 Car Attached Garage
  • Bike Trail

About This Home

As of September 2023

Back on market subject to cancellation of current escrow. Great opportunity for investors!! Duplex just 3 houses in from the beach. Beach view from front porch with easy access from front walkway. Both units very old and in need of total rehab. Front unit has 3 rooms/1 bath and back unit is 2 bedrooms/1 bath. Back unit is currently rented. Property is currently in a C1 zone. Check with city for mixed use requirements.

Last Agent to Sell the Property

Paul Gusiff

Westworld Realty Inc. License #00972091 Listed on: 05/21/2023

Last Buyer's Agent

Anthony Accardo

Compass License #01863340

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 2,868 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Legal Lot and Block 13 / 3
  • Tax Tract Number 4340
  • Assessor Parcel Number 4188007013

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

2,868 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBC1YY
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4188007013
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1672.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1315.79
  • Room Type: Kitchen

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2868.00
  • Lot Size Acres: 0.0658

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2868.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6211.04
  • Tax Lot: 13
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Sep 7, 2023
Sold by
Mcmillen Family Trust
Bought by
8Th St Properties Llc
Seller's Agent
Paul Gusiff
Westworld Realty Inc.
Buyer's Agent
Anthony Accardo
Compass
List Price
$2,912,000
Sold Price
$2,200,000
Premium/Discount to List
-$712,000
-24.45%
Views
162
Current Estimated Value
$2,450,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,587
Avg. Annual Appreciation
4.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
8Th St Properties Llc $2,200,000 Wfg National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $2,200,000 -12.0% $1,316 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $2,500,000 -14.1% $1,495 / Sq Ft
05/21/2023 05/21/23 For Sale $2,912,000 -- $1,742 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $24,026 $2,244,000 $2,193,000 $51,000
2024 $24,026 $2,200,000 $2,150,000 $50,000
2023 $1,885 $113,994 $89,520 $24,474
2022 $1,849 $111,760 $87,765 $23,995
2021 $1,779 $109,570 $86,045 $23,525
2020 $1,769 $108,647 $85,163 $23,484
2019 $1,740 $106,522 $83,494 $23,028
2018 $1,637 $104,438 $81,857 $22,581
2016 $1,549 $100,192 $78,679 $21,513
2015 $1,455 $98,688 $77,498 $21,190
2014 $1,379 $96,755 $75,980 $20,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23088658

California Regional Multiple Listing Service (CRMLS)

APN: 4188-007-013

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