NOT LISTED FOR SALE

Estimated Value: $2,939,000 - $3,327,000

5 Beds
6 Baths
3,672 Sq Ft
$846/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2018

Last sale price $2,175,000 $592 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $19,357 / mo

8 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Corner Lot
  • Hermosa View Elementary School Rated A
  • Living Room with Attached Deck
  • 1-minute walk to Edith Rodaway Friendship Park

About This Home

As of March 2018

Take the best. Profit from the rest! Right across the street from Friendship Park you’ll discover a rare opportunity: a spacious 3,600+ SF duplex sitting atop a hill with inviting views from Palos Verdes to Malibu—all on a large corner lot measuring 4,013 SF.
Two townhome units appeal with contemporary design, high ceilings & an abundance of windows that showcase the view, while soaking up the California sun. Hard to believe-but the most beautiful thing about this property might not be the view– it’s the fact that it practically pays for itself! Live in comfort in one unit & rent the other out to very happy tenants. The roomy 3-bed 2.5-bath owner’s unit has 2,400 SF of living space, a private yard & convenient 2-car garage with direct access inside. The ocean is your artwork in the comfy, windowed sitting area. Hardwood floors and a stone deck off the living room, along with fireplace and wet bar take life to the next level. Cook with abandon in the free flowing kitchen. The master bedroom delights with large walk-in closet and spectacular views. Enjoy sunsets all year around on the relaxing roof top deck with even loftier views. The private 2/Bdr-2.5 bath rental unit shares only one wall with the main unit. It’s beach living at its best with appetizing kitchen and nook with views of the park greenery. A charming spiral staircase connects the levels. Enjoy ocean views from the wrap around deck off the master bedroom. A 2-car attached garage allows direct access to the unit.

Last Agent to Sell the Property

Patricia Hedstrom

Estate Properties License #00796720 Listed on: 01/31/2018

Estate Properties

Last Buyer's Agent

Kevin Pratt

Strand Hill Properties License #01023090

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 4,013 Sq Ft Lot
  • 1 Common Wall
  • Masonry wall
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Back Yard

Parking

  • 4 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Brick Driveway

Home Design

  • Duplex

Interior Spaces

  • 3,672 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage
  • Laundry in Garage

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9 10
  • Assessor Parcel Number 4160026006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $3,000
  • Trash Expense $308
  • Water Sewer Expense $1,500
  • New Taxes Expense $23,045
  • Operating Expense $29,113
  • Net Operating Income $84,887

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

4,013 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 4160026006
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 592.32
  • Room Type: Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Masonry, Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway - Brick, Garage, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 308.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Level with Street
  • Lot Size Sq Ft: 4013.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1200 Square Feet
  • Average3 Bed Area: 2400 Square Feet
  • Gross Scheduled Income: 114000.00
  • Insurance Expense: 3000.00
  • Net Operating Income: 84887.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 29113.00
  • Rent Control: No
  • Total Expenses: 29113.00

Tax Info

  • New Taxes Expense: 23045.00
  • Tax Census Tract: 6211.02
  • Tax Lot: 9 10
  • Tax Tract Number: Dillon

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
Jan 31, 2018
Closed on
Feb 15, 2018
Sold by
Bought by
Seller's Agent
Patricia Hedstrom
Estate Properties
Buyer's Agent
Kevin Pratt
Strand Hill Properties
List Price
$2,095,000
Sold Price
$2,175,000
Premium/Discount to List
$80,000
3.82%
Current Estimated Value
$3,108,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$933,289
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Aug 5, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 1998
Sold by
Bought by
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

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Purchase 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 Buyer Sale Price Title Company
$2,175,000 Progressive Title
-- Chicago Title Company
-- Chicago Title Company
-- None Available
$770,000 First American Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $474,000
Previous Owner $125,000
Previous Owner $348,500
Previous Owner $177,000
Previous Owner $448,800
Previous Owner $457,000
Previous Owner $100,000
Source: Public Records

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
03/13/2018 03/13/18 Sold $2,175,000 +3.8% $592 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $2,095,000 -- $571 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $27,273 $2,474,774 $1,365,393 $1,109,381
2024 $26,426 $2,426,250 $1,338,621 $1,087,629
2023 $25,883 $2,378,677 $1,312,374 $1,066,303
2022 $25,420 $2,332,038 $1,286,642 $1,045,396
2021 $24,980 $2,286,313 $1,261,414 $1,024,899
2019 $24,325 $2,218,500 $1,224,000 $994,500
2018 $20,100 $1,850,000 $1,020,000 $830,000
2016 $11,123 $1,019,197 $357,042 $662,155
2015 $10,912 $1,003,888 $351,679 $652,209
2014 $10,575 $984,225 $344,791 $639,434
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV18023363

California Regional Multiple Listing Service (CRMLS)

APN: 4160-026-006

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