NOT LISTED FOR SALE

307 25th St Hermosa Beach, CA 90254

Hermosa Beach Area

Estimated Value: $2,379,983

2 Beds
2 Baths
1,320 Sq Ft
$1,803/Sq Ft Est. Value

Sale Details

Date Sold: January 21, 2022

Last sale price $1,875,000 $1,420 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $15,252 / mo

About This Home

This duplex is an opportunity to acquire prime real estate in the North Hermosa Sand Section. This part of Hermosa Beach has been experiencing tremendous development which includes the recently completed, Hermosa Vista Elementary School next door. The property consists of a mix of (2) one-bed/one-bath units. A new investor can capitalize on the tight rental market and high rents in this neighborhood by implementing a strategic unit interior and exterior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. The property boasts 47% rental upside potential. Tenants appreciate the convenient location just blocks from the world-famous beaches. Ideally located in a mostly residential corridor, the property is also a short walk to Downtown Hermosa Beach for dining, entertainment, and retail. There will be no showings or open houses. Please submit offers subject to interior inspection. We politely request that you do not disturb the tenants nor walk around the property.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Jan 19, 2022
Sold by
Marcus Il Sucre Family Trust
Bought by
Seller's Agent
Nabil Awada
Matthews Real Estate Investment Services
Buyer's Agent
Greg Maffei
List Price
$2,125,000
Sold Price
$1,875,000
Premium/Discount to List
-$250,000
-11.76%
Current Estimated Value
$2,379,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,983
Avg. Annual Appreciation
5.24%
Original Mortgage
$1,125,000
Outstanding Balance
$1,013,171
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$1,366,813

Purchase Details

Closed on
Feb 7, 2019
Sold by
Sucro Marcus B
Bought by
Sucro Marcus B and Marcus B Sucro Family Trust

Purchase Details

Closed on
Nov 24, 2018
Sold by
Sucro Marcus B
Bought by
Sucro Marcus B

Purchase Details

Closed on
Feb 6, 2009
Sold by
Crenshaw James W and The James Crenshaw Living Trus
Bought by
Sucro Marcus B and Sucro Ilse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Crenshaw James W
Bought by
Crenshaw James W and James Crenshaw Living Trust

Purchase Details

Closed on
Apr 17, 2001
Sold by
Crenshaw James W and James Crenshaw Living Trust
Bought by
Crenshaw James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.24%

Purchase Details

Closed on
Oct 28, 1997
Sold by
Crenshaw James W
Bought by
Crenshaw James W and The James Crenshaw Living Trus
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hermosa Beach, CA

  • Megan Squires Real Estate Agent - Home Team Realty

    Megan Squires

    Home Team Realty

    (424) 399-5721

    9 Total Sales

    2 in Hermosa Beach

    $2,750,000 Price Range

    Megan Squires
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  • Audrey Judson Real Estate Agent - Pacifica Properties Group, Inc.

    Audrey Judson

    Pacifica Properties Group, Inc.

    (424) 310-1086

    45 Total Sales

    9 in Hermosa Beach

    $2K - $3.7M Price Range

    Audrey Judson
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  • Erica Walden Real Estate Agent - Compass

    Erica Walden

    Responds Quickly

    Compass

    (424) 372-0972

    39 Total Sales

    1 in Hermosa Beach

    $1,565,000 Price

    Erica Walden
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  • Brad Hansen Real Estate Agent

    Brad Hansen

    (949) 570-5651

    63 Total Sales

    1 in Hermosa Beach

    $1,665,888 Price

    Brad Hansen
     Section Image
  • Dean Alessi Real Estate Agent - eXp Realty of California Inc

    Dean Alessi

    eXp Realty of California Inc

    (424) 688-9071

    25 Total Sales

    4 in Hermosa Beach

    $2.5M - $6.5M Price Range

    Dean Alessi
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  • Melissa Macfadyen Real Estate Agent - Compass

    Melissa Macfadyen

    Compass

    (424) 532-7583

    24 Total Sales

    1 in Hermosa Beach

    $2,700,000 Price

    Melissa Macfadyen
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2022 01/21/22 Sold $1,875,000 -6.0% $1,420 / Sq Ft View Prior Sale
12/10/2021 12/10/21 Pending -- -- --
11/15/2021 11/15/21 Price Changed $1,995,000 -6.1% $1,511 / Sq Ft
08/30/2021 08/30/21 For Sale $2,125,000 -- $1,610 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $21,793 $2,029,559 $1,975,438 $54,121
2025 $21,793 $1,989,764 $1,936,704 $53,060
2024 $21,226 $1,950,750 $1,898,730 $52,020
2023 $20,789 $1,912,500 $1,861,500 $51,000
2022 $13,192 $1,201,343 $1,019,327 $182,016
2021 $13,004 $1,177,789 $999,341 $178,448
2019 $12,664 $1,142,856 $969,700 $173,156
2018 $12,301 $1,120,448 $950,687 $169,761
2016 $12,405 $1,076,942 $913,772 $163,170
2015 $12,215 $1,060,767 $900,047 $160,720
2014 $11,858 $1,039,989 $882,417 $157,572
Source: Public Records

Agents Affiliated with this Home

  • Nabil Awada Real Estate Agent - Matthews Real Estate Investment Services

    Seller's Agent in 2022

    Nabil Awada

    Matthews Real Estate Investment Services

    (310) 844-9362

    39 Total Sales

    Nabil Awada
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  • David Harrington Real Estate Agent - Matthews Real Estate Investment Services

    Seller Co-Listing Agent in 2022

    David Harrington

    Matthews Real Estate Investment Services

    (310) 295-1170

    15 Total Sales

    David Harrington
    Section Image

  • GM

    Buyer's Agent in 2022

    Greg Maffei

See All Agents

Map

California Los Angeles County Hermosa Beach 90254

307 25th St, Hermosa Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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