Seller's Agent in 2021
Gerard Ravel
RE/MAX
(310) 490-9761
2 in this area
6 Total Sales
2527 Myrtle Ave Hermosa Beach, CA 90254
Estimated Value: $3,360,000 - $3,679,000
5
Beds
3
Baths
2,575
Sq Ft
$1,348/Sq Ft
Est. Value
Highlights
- Ocean View
- Attached Guest House
- Ocean Side of Highway 1
- Hermosa Valley Elementary School Rated A
- Fishing
- 5-minute walk to Valley Park
About This Home
As of December 2021This is your chance to own a piece Hermosa Beach Sand Section - 3 units built in the glory days of 1940’s Hermosa with two of the three units providing panoramic ocean views. You could Live in one UNIT, lease out the other two. WOW living at the beach while creating an income on the two other units…Is this paradise or what? OR use your creativity, hire an architect, and build your Dream Home with an additional ADU and a Mini ADU (contact HB Building Dept. to verify building restrictions). This a street to alley lot—with two units on Myrtle Ave and one unit on Ozone Court facing the ocean. The two units facing Myrtle are two bedrooms/1 bath with original hardwood floors and galley kitchens. The upper unit has panoramic ocean views with two balconies, one with an ocean view and one with a city view. The sunsets are stunning! The bottom unit has original hardwood floors, large living room and separate dining room. In the peaceful courtyard filled with hundreds of plants, you will find a casita perfect for an office, artist studio or whatever you choose. And do not miss the gazebo –a terrific hideaway in the courtyard. The third unit is a classic 1bed/1bath above the three single car garages. This Little Gem has total privacy: no shared walls. There are hardwood floors, 1940’s original tile in the kitchen & bathroom & a priceless panoramic ocean view framed by a large picture window in the living room... The units total about 2575 sq. ft of living space on a 3002 sq. ft. lot. Live steps from the sand, and enjoy the beach, surfing, Boogie Boarding, Sand Volleyball, running or strolling on the world-famous Strand. You are a minute from the cleaners, the mini mart, coffee shop, and local neighborhood bar/restaurant. If parks are your thing, Valley Park is just up the street with a kid’s playground, basketball courts, a BBQ area, a soccer field and plenty of space for a picnic. There are play areas for you and your dog too. If you have young children, the brand-new Hermosa Vista School is a minute East. Power lines are underground in this district, so the rooftop views are clear and crisp. In the heart of a coastal neighborhood, this location is great for family, friends, and recreation. You cannot beat the price, the view, or the location! Call for information. We will follow Covid 19 guidelines when we go active. Please do not disturb tenants.
Last Agent to Sell the Property
Estate Properties License #01761130 Listed on: 11/13/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,700
Year Built
- Built in 1940
Lot Details
- 3,002 Sq Ft Lot
- Lot Dimensions are 30'x100'
- Property fronts an alley
- No Common Walls
- West Facing Home
- Vinyl Fence
- Fence is in good condition
- Rectangular Lot
- Level Lot
- Private Yard
- Garden
- Back and Front Yard
- Density is 2-5 Units/Acre
- Value in Land
Parking
- 3 Car Garage
- Parking Available
- Rear-Facing Garage
- Three Garage Doors
- No Driveway
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
- Neighborhood
Home Design
- Triplex
- Custom Home
- Traditional Architecture
- Entry on the 1st floor
- Additions or Alterations
- Cosmetic Repairs Needed
- Flat Roof Shape
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Fire Rated Drywall
- Shingle Roof
- Rolled or Hot Mop Roof
- Common Roof
- Copper Plumbing
- Plaster
Interior Spaces
- 2,575 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Bay Window
- Window Screens
- Entryway
- Living Room
- Storage
- Wood Flooring
- Fire and Smoke Detector
- Attic
Kitchen
- Gas Cooktop
- Free-Standing Range
- Freezer
- Ceramic Countertops
- Formica Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Maid or Guest Quarters
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Stacked Washer and Dryer
Accessible Home Design
- Halls are 36 inches wide or more
- Doors swing in
- No Interior Steps
- More Than Two Accessible Exits
Outdoor Features
- Ocean Side of Highway 1
- Living Room Balcony
- Exterior Lighting
- Gazebo
- Outdoor Storage
- Rain Gutters
Additional Homes
- Attached Guest House
Location
- Property is near a park
- Property is near public transit
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Vented Exhaust Fan
- Underground Utilities
- 220 Volts in Garage
- High-Efficiency Water Heater
- Gas Water Heater
- Phone Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 13 / 66
- Tax Tract Number 4340
- Assessor Parcel Number 4182012028
- $986 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Service Entrance
Recreation
- Fishing
- Park
- Water Sports
- Bike Trail
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,714
- Maintenance Expense $4,000
- Trash Expense $165
- Water Sewer Expense $1,200
- Operating Expense $7,079
- Net Operating Income $35,521
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2021 12/20/21 | Sold | $3,125,000 | -2.3% | $1,214 / Sq Ft |
| 11/17/2021 11/17/21 | Pending | -- | -- | -- |
| 11/17/2021 11/17/21 | For Sale | $3,200,000 | -- | $1,243 / 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 | $35,305 | $3,316,274 | $2,546,899 | $769,375 |
| 2024 | $35,305 | $3,251,250 | $2,496,960 | $754,290 |
| 2023 | $34,575 | $3,187,500 | $2,448,000 | $739,500 |
| 2022 | $33,956 | $3,125,000 | $2,400,000 | $725,000 |
| 2021 | $2,700 | $171,408 | $110,052 | $61,356 |
| 2020 | $2,686 | $169,651 | $108,924 | $60,727 |
| 2019 | $2,641 | $166,326 | $106,789 | $59,537 |
| 2018 | $2,611 | $163,066 | $104,696 | $58,370 |
| 2016 | $3,160 | $156,736 | $100,632 | $56,104 |
| 2015 | $3,084 | $154,383 | $99,121 | $55,262 |
| 2014 | $2,927 | $151,360 | $97,180 | $54,180 |
Source: Public Records
Agents Affiliated with this Home
-
Gerard Ravel
-
Ray Joseph
Buyer's Agent in 2021
Ray Joseph
Radius Agent Realty
(310) 545-7295
9 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21188541
APN: 4182-012-028
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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