NOT LISTED FOR SALE

Estimated Value: $1,693,000 - $2,537,000

1 Bed
1 Bath
800 Sq Ft
$2,512/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $850,000 $1,062 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $11,350/month

Highlights

  • No HOA
  • Hermosa Valley Elementary School Rated A
  • Laundry Room

About This Home

As of January 2022

The property is close to the beach with an easy walk to the beach or pier. Bottom level unit. Includes dishwasher and fridge. Shared “free” washer and dryer with the other unit. Upgraded kitchen with granite.

Last Agent to Rent the Property

Devin Jensen

Jensen Realty License #01893875 Listed on: 01/11/2022

Last Renter's Agent

Thomas J. Powers

Powers Realty, Inc. License #01812722

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 1,500 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 800 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes sewer, trash collection, water
  • Available 2/1/22
  • Tax Lot 18
  • Tax Tract Number 4340
  • Assessor Parcel Number 4188004020

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2022-02-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 4188004020
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.06
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1500.00
  • Lot Size Acres: 0.0344

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Lot Size Area: 1500.0000 Square Feet
  • Management Co: Jensen PM
  • Management Co Phone: 310-809-2891
  • Number Of Units Total: 1
  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Mar 26, 2013
Sold by
Newman Corey Lyn
Bought by
Newman Jeffrey S
Seller's Agent
Michael Talbot
Estate Properties
Buyer's Agent
Michael Talbot
Estate Properties
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$2,009,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,159,425
Avg. Annual Appreciation
6.90%
Original Mortgage
$595,000
Outstanding Balance
$418,923
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$1,590,502

Purchase Details

Listed on
Dec 14, 2012
Closed on
Mar 6, 2013
Sold by
Tadros Rafik
Bought by
Newman Jeffrey S
Seller's Agent
Michael Talbot
Estate Properties
Buyer's Agent
Michael Talbot
Estate Properties
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$418,923
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$1,590,502

Purchase Details

Closed on
Aug 24, 2007
Sold by
Tadros Rafik and King Paul A
Bought by
Tadros Rafik

Purchase Details

Closed on
Mar 10, 2006
Sold by
Tadros Rafik and Tadros Michelle
Bought by
Tadros Rafik

Purchase Details

Closed on
Oct 25, 2005
Sold by
Ashworth Richard B and Estate Of Shirley Jones
Bought by
Tadros Rafik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2005
Sold by
Tadros Michelle R
Bought by
Tadros Rafik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2005
Sold by
Tadros Rafik
Bought by
Tadros Rafik

Purchase Details

Closed on
Mar 20, 2003
Sold by
Giet Eric P and Giet Lori
Bought by
Giet Eric P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Newman Jeffrey S -- Progressive Title Company
Newman Jeffrey S $850,000 Progressive Title Company
Tadros Rafik -- None Available
Tadros Rafik -- Progressive Title Company
Tadros Rafik -- None Available
Tadros Rafik -- None Available
Tadros Rafik -- None Available
Tadros Rafik $1,072,000 First American Title Company
Tadros Rafik -- First American Title Company
Tadros Rafik -- None Available
Giet Eric P -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Jeffrey S $595,000
Previous Owner Tadros Rafik $804,000
Previous Owner Tadros Rafik $53,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2022 01/24/22 Rented $2,450 0.0% --
01/20/2022 01/20/22 Off Market $2,450 -- --
01/20/2022 01/20/22 For Rent $2,450 0.0% --
01/17/2022 01/17/22 Off Market $2,450 -- --
01/11/2022 01/11/22 For Rent $2,450 +2.1% --
03/14/2021 03/14/21 Rented $2,400 -3.8% --
02/22/2021 02/22/21 Price Changed $2,495 -7.6% $3 / Sq Ft
01/25/2021 01/25/21 For Rent $2,700 +3.8% --
05/17/2019 05/17/19 Rented $2,600 0.0% --
05/03/2019 05/03/19 Price Changed $2,600 -3.7% $4 / Sq Ft
04/19/2019 04/19/19 For Rent $2,700 0.0% --
04/12/2018 04/12/18 Rented $2,700 +12.5% --
04/12/2018 04/12/18 Under Contract -- -- --
03/30/2018 03/30/18 Price Changed $2,400 -31.4% $3 / Sq Ft
03/17/2018 03/17/18 For Rent $3,500 -30.0% --
06/06/2017 06/06/17 Rented $5,000 +38.9% --
05/06/2017 05/06/17 For Rent $3,600 +9.1% --
11/22/2016 11/22/16 Rented $3,300 0.0% --
10/26/2016 10/26/16 For Rent $3,300 0.0% --
02/28/2013 02/28/13 Sold $850,000 0.0% $833 / Sq Ft View Prior Sale
12/17/2012 12/17/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $850,000 -- $833 / 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 $11,360 $1,046,702 $892,780 $153,922
2024 $11,360 $1,026,179 $875,275 $150,904
2023 $11,130 $1,006,059 $858,113 $147,946
2022 $10,931 $986,334 $841,288 $145,046
2021 $10,790 $966,995 $824,793 $142,202
2019 $10,509 $938,315 $800,330 $137,985
2018 $10,170 $919,918 $784,638 $135,280
2016 $9,677 $884,198 $754,170 $130,028
2015 $9,493 $870,917 $742,842 $128,075
2014 $9,183 $853,858 $728,291 $125,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22005901

California Regional Multiple Listing Service (CRMLS)

APN: 4188-004-020