259 28th St Hermosa Beach, CA 90254
Estimated payment $16,010/month
Highlights
- No HOA
- Laundry Room
- Wall Furnace
- Hermosa Valley Elementary School Rated A
- Bike Trail
- 5-minute walk to Valley Park
About This Home
Nestled near the top of one of North Hermosa's most enchanting streets in the prestigious Sand Section, this rare quadplex boasts breathtaking south and west-facing ocean views. Each of the four well-maintained 1-bedroom, 1-bath units features updated kitchens with sleek granite countertops. The property also includes two one-car garages, with two of the units enjoying their own designated garage space—an invaluable feature in this coveted beachside neighborhood. Perfectly positioned between the Manhattan and Hermosa Beach piers, this property offers unparalleled access to vibrant restaurants, boutique shops, and sandy shores. Whether you're seeking a charming weekend retreat with rental income or a pure investment opportunity, this exceptional property embodies the coastal lifestyle that makes Hermosa Beach one of California's most sought-after communities. **Buyer to verify all details.**
Listing Agent
eXp Realty of California, Inc Brokerage Phone: 310-427-2414 License #00958114 Listed on: 01/28/2025
Co-Listing Agent
eXp Realty of California, Inc Brokerage Phone: 310-427-2414 License #01828048
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,473
Year Built
- Built in 1921
Lot Details
- 2,399 Sq Ft Lot
- Lot Dimensions are 30'x80'
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,148 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 19 / 114
- Tax Tract Number 4340
- Assessor Parcel Number 4181022043
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $400
- Gardener Expense $1,200
- Insurance Expense $2,500
- Maintenance Expense $6,378
- Trash Expense $400
- Water Sewer Expense $400
- New Taxes Expense $36,000
- Operating Expense $40,900
- Gross Income $129,242
- Net Operating Income $84,148
Map
Home Values in the Area
Average Home Value in this Area
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 | $35,473 | $3,329,280 | $3,017,160 | $312,120 |
| 2024 | $35,473 | $3,264,000 | $2,958,000 | $306,000 |
| 2023 | $28,949 | $2,653,697 | $2,439,258 | $214,439 |
| 2022 | $28,428 | $2,601,665 | $2,391,430 | $210,235 |
| 2021 | $28,023 | $2,550,653 | $2,344,540 | $206,113 |
| 2020 | $27,823 | $2,524,500 | $2,320,500 | $204,000 |
| 2019 | $2,570 | $157,314 | $107,011 | $50,303 |
| 2018 | $2,465 | $154,230 | $104,913 | $49,317 |
| 2016 | $2,334 | $148,242 | $100,840 | $47,402 |
| 2015 | $2,294 | $146,016 | $99,326 | $46,690 |
| 2014 | $2,013 | $143,157 | $97,381 | $45,776 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2025 07/26/25 | Price Changed | $2,450,000 | -8.4% | $1,141 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $2,675,000 | -1.8% | $1,245 / Sq Ft |
| 05/12/2025 05/12/25 | Price Changed | $2,725,000 | -2.7% | $1,269 / Sq Ft |
| 03/06/2025 03/06/25 | Price Changed | $2,800,000 | -6.7% | $1,304 / Sq Ft |
| 01/28/2025 01/28/25 | For Sale | $2,999,999 | +21.2% | $1,397 / Sq Ft |
| 01/07/2019 01/07/19 | Sold | $2,475,000 | -4.8% | $1,152 / Sq Ft |
| 10/24/2018 10/24/18 | Pending | -- | -- | -- |
| 10/13/2018 10/13/18 | Price Changed | $2,600,000 | -10.3% | $1,210 / Sq Ft |
| 10/13/2018 10/13/18 | For Sale | $2,900,000 | +17.2% | $1,350 / Sq Ft |
| 08/16/2018 08/16/18 | Off Market | $2,475,000 | -- | -- |
| 03/29/2018 03/29/18 | Price Changed | $2,900,000 | -6.5% | $1,350 / Sq Ft |
| 02/14/2018 02/14/18 | For Sale | $3,100,000 | -- | $1,443 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,475,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Gift Deed | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25019350
APN: 4181-022-043
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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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