NOT LISTED FOR SALE

324 Prospect Ave Hermosa Beach, CA 90254

Estimated Value: $2,137,235 - $2,561,000

4 Beds
3.5 Baths
2,208 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $1,490,000 $675 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $14,173/month

6 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Level Lot
  • Hermosa View Elementary School Rated A
  • Central Heating
  • 1-minute walk to Edith Rodaway Friendship Park

About This Home

As of May 2017

Stunning contemporary home with high ceilings designed by architect Pat Killen, built in 2003. Features include a roof top deck with panoramic ocean views, a balcony with ocean views, and a peek-a-boo ocean view from from the living area. Casement windows throughout flood the space with natural light. An open floor plan with living and dining rooms plus kitchen and balcony form one over-sized 'great room.' Pre-wired for sound inside and outside on the roof-top deck, this home is perfect for entertaining. Natural gas hook-ups for bbq's are installed on both balconies. Generous use of natural stone, including marble and granite and hardwoods. Living area floors are bamboo; cabinets, maple. Other amenities include stainless steel appliances, a master bath with dual lavatories and whirlpool tub, plus a large glass-enclosed marble-walled shower. There's more: 2 fireplaces, recessed lighting, ceiling fans in all bedrooms, BIG laundry room, central vac, intercom, alarm system, storage room.

Last Agent to Sell the Property

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 04/07/2017

Lyon Stahl Investment Real Est

Co-Listed By

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Last Buyer's Agent

Chad Fahlbusch

Strand Hill Properties License #01346526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,477

Year Built

  • Built in 2002

Lot Details

  • 2,391 Sq Ft Lot
  • Level Lot
  • Property is zoned HBR2YY

Parking

  • 2 Car Garage

Interior Spaces

  • 2,208 Sq Ft Home
  • Living Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 19
  • Assessor Parcel Number 4160024021

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,477

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: HBR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4160024021
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2208.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 674.82

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2391.00
  • Lot Size Acres: 0.0549

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2391.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6211.02
  • Tax Lot: 19
  • Tax Tract Number: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Lokier Marcus Derek and Gemma Louise
Bought by
Lokier Family Trust and Lokier
Current Estimated Value
$2,318,559

Purchase Details

Listed on
Apr 7, 2017
Closed on
Apr 21, 2017
Sold by
Cheng Jack Chung
Bought by
Lokier Marcus Derek and Lokier Gemma Louise
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Chad Fahlbusch
Strand Hill Properties
List Price
$1,450,000
Sold Price
$1,490,000
Premium/Discount to List
$40,000
2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$1,192,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2012
Sold by
Cheng Jack Chung and Cheng Jack
Bought by
Cheng Jack Chung and Cheng Park Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Park Elizabeth H
Bought by
Cheng Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Williams Gene and Boole Whitney
Bought by
Cheng Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2002
Sold by
Widmann Development Inc
Bought by
Williams Gene and Boole Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.96%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 10, 1998
Sold by
Elton Samuel S
Bought by
Elton Samuel S and Elton Separate Proper Samuel S

Purchase Details

Closed on
Oct 8, 1997
Sold by
Miller Kathryn A
Bought by
Miller Kathryn Anne and Kathryn Anne Miller Family Tru
Source: Public Records

Range of Values:

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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
Lokier Family Trust -- None Listed On Document
Lokier Marcus Derek $1,490,000 Progressive Title Company
Cheng Jack Chung -- None Available
Cheng Jack -- Fidelity National Title Co
Cheng Jack $982,000 Fidelity National Title Co
Williams Gene $764,000 Investors Title Company
Elton Samuel S -- --
Miller Kathryn Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lokier Marcus Derek $1,115,000
Previous Owner Lokier Marcus Derek $1,192,000
Previous Owner Cheng Jack Chung $696,000
Previous Owner Cheng Jack $725,000
Previous Owner Cheng Jack $729,750
Previous Owner Cheng Jack $729,000
Previous Owner Williams Gene $600,000
Previous Owner Williams Gene $600,000
Previous Owner Williams Gene $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $1,490,000 +2.8% $675 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $1,450,000 -- $657 / 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 $18,477 $1,729,266 $1,383,414 $345,852
2024 $18,477 $1,695,360 $1,356,289 $339,071
2023 $18,098 $1,662,119 $1,329,696 $332,423
2022 $17,774 $1,629,529 $1,303,624 $325,905
2021 $17,479 $1,597,578 $1,278,063 $319,515
2019 $17,020 $1,550,195 $1,240,156 $310,039
2018 $16,456 $1,519,800 $1,215,840 $303,960
2017 $12,013 $1,084,031 $651,303 $432,728
2016 $11,498 $1,062,777 $638,533 $424,244
2015 $11,279 $1,046,814 $628,942 $417,872
2014 $10,951 $1,026,309 $616,622 $409,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17073605

California Regional Multiple Listing Service (CRMLS)

APN: 4160-024-021