NOT LISTED FOR SALE

340 24th St Hermosa Beach, CA 90254

Estimated Value: $2,941,000 - $3,421,000

3 Beds
3 Baths
2,254 Sq Ft
$1,405/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $3,217,500 $1,427 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $19,672/month

4 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Living Room
  • Hermosa Valley Elementary School Rated A
  • 4 Car Attached Garage
  • Laundry Room

About This Home

As of April 2022

Opportunity to own a duplex in a AAA location of North Hermosa Beach. Current structure is a detached units that each boast ocean views from the north side and south side. Both units will be delivered vacant.

This property appeals to a variety of buyers, such as those looking to do a 1031 exchange, to develop a new SFR/Townhouses, or wanting a cash flow investment.

Each unit has it own 2 car garage with driveway for extra parking.

Last Agent to Sell the Property

John Altamura

S C Real Estate License #00935435 Listed on: 02/10/2022

Co-Listed By

Vincenzo Altamura

S C Real Estate License #01901957

Last Buyer's Agent

Greg Hughes

Greg Hughes Realty CA License #01370875

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 3,003 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Duplex

Interior Spaces

  • 2,254 Sq Ft Home
  • Family Room with Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 2 / 3
  • Tax Tract Number 4340
  • Assessor Parcel Number 4182016015
  • $638 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

3,003 Sq Ft Lot

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: HBR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4182016015
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2254.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1427.46
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood, Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3003.00
  • Lot Size Acres: 0.0689

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3003.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 6210.04
  • Tax Lot: 2
  • Tax Tract Number: 4340
  • TaxOtherAnnualAssessmentAmount: 638.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Feb 17, 2022
Sold by
Seigi R Tamura Family Trust and Piai Family Trust
Bought by
Sarkozy Stephen J and Sarkozy Carrie E
Seller's Agent
John Altamura
S C Real Estate
Buyer's Agent
Greg Hughes
Greg Hughes Realty CA
List Price
$2,999,000
Sold Price
$3,217,500
Premium/Discount to List
$218,500
7.29%
Current Estimated Value
$3,165,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,602
Avg. Annual Appreciation
-0.41%
Original Mortgage
$2,413,125
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2011
Sold by
Tamura Seigi R and Piai Victor James
Bought by
Tamura Seigi R and Piai Victor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Piai Victor J and Piai Laurie B
Bought by
Piai Victor J and Piai Laurie B

Purchase Details

Closed on
Dec 15, 1994
Sold by
Tamura Seigi R and Tamura Roy S
Bought by
Tamura Seigi R and Seigi R Tamura Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sarkozy Stephen J $3,217,500 Lawyers Title
Tamura Seigi R -- Accommodation
Tamura Seigi R -- Lawyers Title
Piai Victor J -- --
Tamura Seigi R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarkozy Stephen J $2,413,125
Previous Owner Tamura Seigi R $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2022 04/18/22 Sold $3,217,500 +7.3% $1,427 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $2,999,000 -- $1,331 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $36,232 $3,414,436 $2,971,382 $443,054
2024 $36,232 $3,347,487 $2,913,120 $434,367
2023 $35,480 $3,281,850 $2,856,000 $425,850
2022 $3,619 $282,978 $217,688 $65,290
2021 $3,509 $277,430 $213,420 $64,010
2020 $3,488 $274,586 $211,232 $63,354
2019 $3,422 $269,203 $207,091 $62,112
2018 $3,275 $263,926 $203,031 $60,895
2017 $3,249 $258,751 $199,050 $59,701
2016 $3,098 $253,679 $195,148 $58,531
2015 $2,973 $249,869 $192,217 $57,652
2014 $2,865 $244,975 $188,452 $56,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22025950

California Regional Multiple Listing Service (CRMLS)

APN: 4182-016-015

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