Seller's Agent in 2013
Dennis Moloney
Strand Hill Properties
(310) 937-5100
1 in this area
23 Total Sales
306 28th St Hermosa Beach, CA 90254
Estimated Value: $3,191,000 - $3,878,000
5
Beds
3
Baths
3,044
Sq Ft
$1,147/Sq Ft
Est. Value
Highlights
- Ocean View
- Beach Access
- Mediterranean Architecture
- Hermosa Valley Elementary School Rated A
- Property is near a park
- 4-minute walk to Valley Park
About This Home
As of May 2013Ocean view duplex in great North Hermosa neighborhood. Easy 1 1/2 block walk to the beach as well as north end restaurants and retail.
Ideal opportunity for owner-user to renovate spacious front unit and end up with solid income unit in rear. Upside opportunity in existing rents.
Two car garage currently assigned to front (3 Bedroom) tenant and carport to rear (2 bedroom) tenant
Last Agent to Sell the Property
Strand Hill Properties License #00808394 Listed on: 03/25/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,363
Year Built
- Built in 1969 | Remodeled
Lot Details
- 2,400 Sq Ft Lot
- 1 Common Wall
- Fence is in average condition
- Rectangular Lot
- Front Yard
Parking
- 2 Car Garage
- 1 Carport Space
- Parking Available
- Two Garage Doors
- Garage Door Opener
- Assigned Parking
Home Design
- Mediterranean Architecture
- Property Attached
- Cosmetic Repairs Needed
- Slab Foundation
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Plaster
Interior Spaces
- 3,044 Sq Ft Home
- 2-Story Property
- Awning
- Double Door Entry
- Family Room with Fireplace
- Bonus Room
- Tile Flooring
- Ocean Views
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Beach Access
- Rain Gutters
Additional Features
- Property is near a park
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 22 / 113
- Tax Tract Number 113
- Assessor Parcel Number 4181023022
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 1 Separate Water Meter
- Insurance Expense $3,400
- Trash Expense $420
- Water Sewer Expense $780
- New Taxes Expense $17,000
- Gross Income $5,050
- Net Operating Income $40,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2013
Closed on
Apr 24, 2013
Sold by
Norton Philip S
Bought by
Cme Beach Rentals Llc
Seller's Agent
Dennis Moloney
Strand Hill Properties
Buyer's Agent
Paul Brown
Morris Williams Realty
List Price
$1,599,000
Sold Price
$1,540,000
Premium/Discount to List
-$59,000
-3.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,952,021
Avg. Annual Appreciation
6.64%
Purchase Details
Closed on
Dec 6, 2006
Sold by
Norton Philip S
Bought by
Norton Philip S and Norton Judith Lynne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 2006
Sold by
Norton Philip S
Bought by
Norton Philip S and Norton Judith Lynne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 12, 2005
Sold by
Davidson Nadine Nardi
Bought by
Davidson Harold A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 29, 2005
Sold by
Sullivan Mark D
Bought by
Davidson Harold A and Davidson Nadine Nardi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 6, 2004
Sold by
Norton Philip S
Bought by
Norton Philip S and Norton Judith Lynne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
1.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2004
Sold by
Lessinger Robert I
Bought by
Norton Philip S and Norton Judith Lynne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
1.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2002
Sold by
Lessinger Robert I
Bought by
Lessinger Robert I and Lessinger Sharon S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.99%
Purchase Details
Closed on
Feb 26, 1998
Sold by
Lessinger Robert I
Bought by
Lessinger Robert I and Lessinger Sharon S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
7.62%
Purchase Details
Closed on
Feb 13, 1998
Sold by
Lessinger Robert I
Bought by
Lessinger Robert I and Lessinger Sharon S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
7.62%
Purchase Details
Closed on
Jun 12, 1996
Sold by
Lessinger Robert I
Bought by
Lessinger Robert I and Lessinger Sharon S
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cme Beach Rentals Llc | $1,540,000 | Usa National Title Company | |
| Norton Philip S | -- | Accommodation | |
| Norton Philip S | -- | Lawyers Title | |
| Davidson Harold A | -- | Lawyers Title Ins | |
| Davidson Nadine Nardi | -- | Lawyers Title Ins | |
| Davidson Harold A | -- | Lawyers Title Ins | |
| Norton Philip S | -- | -- | |
| Norton Philip S | $1,500,000 | Lawyers Title Company | |
| Lessinger Robert I | -- | -- | |
| Lessinger Robert I | -- | -- | |
| Lessinger Robert I | -- | -- | |
| Lessinger Robert I | -- | Southland Title Corporation | |
| Lessinger Robert I | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Norton Philip S | $700,000 | |
| Previous Owner | Davidson Harold A | $800,000 | |
| Previous Owner | Norton Philip S | $685,000 | |
| Previous Owner | Hodge Rowland Stanley | $875,000 | |
| Previous Owner | Lessinger Robert I | $316,000 | |
| Previous Owner | Lessinger Robert I | $326,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2013 05/03/13 | Sold | $1,540,000 | -3.7% | $506 / Sq Ft |
| 04/05/2013 04/05/13 | Pending | -- | -- | -- |
| 03/25/2013 03/25/13 | For Sale | $1,599,000 | -- | $525 / 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 | $20,363 | $1,896,390 | $1,342,252 | $554,138 |
| 2024 | $20,363 | $1,859,207 | $1,315,934 | $543,273 |
| 2023 | $19,946 | $1,822,753 | $1,290,132 | $532,621 |
| 2022 | $19,589 | $1,787,014 | $1,264,836 | $522,178 |
| 2021 | $19,266 | $1,751,976 | $1,240,036 | $511,940 |
| 2019 | $18,762 | $1,700,012 | $1,203,256 | $496,756 |
| 2018 | $18,143 | $1,666,679 | $1,179,663 | $487,016 |
| 2016 | $17,242 | $1,601,961 | $1,133,856 | $468,105 |
| 2015 | $16,913 | $1,577,899 | $1,116,825 | $461,074 |
| 2014 | $16,452 | $1,546,991 | $1,094,948 | $452,043 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Moloney
-
Paul Brown
P
Buyer's Agent in 2013
Paul Brown
Morris Williams Realty
(310) 344-1212
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB13051835
APN: 4181-023-022
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