NOT LISTED FOR SALE

412 The Strand Hermosa Beach, CA 90254

Estimated Value: $5,890,000 - $10,101,015

5 Beds
4.5 Baths
3,833 Sq Ft
$1,930/Sq Ft Est. Value

Last Sold February 13, 2013

Last sale price $4,250,000 $1,109 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $44,852/month

104 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Ocean Side of Highway 1
  • Hermosa Valley Elementary School Rated A
  • Property has ocean access
  • Atrium Room

About This Home

As of February 2013

Welcome to 412 The Strand, one of the great vintage beauties on the South Bay Strand. Built in 1929, this exceptionally designed beachfront home offers warm and inviting living spaces that welcome the ocean breeze and open to an unobstructed view of breathtaking sunsets, while at the same time providing elements of privacy. The main house includes 4 Bd and 3.5 Ba, with a detached 1 Bd, 1 Ba guest house. Natural light pours in through the central atrium throughout the day, evoking a Mediterranean villa. Perfect for entertaining, the interior is characterized by gorgeous picture windows and French doors which open to multiple private garden patios, including a 360 s.f. roof top deck with stunning ocean views of Catalina Island. The updated kitchen features a large center island, office nook, and appliances by Gaggenau and Sub-Zero. Enjoy the beautiful white sand beach outside your front door and the nearby shops, restaurants and cafes of downtown Hermosa - with the rest of LA at your fingertips. Benefit from exclusive access to one of California’s best performing school districts. Last offered on the market over 25 years ago, this irreplaceable property is in pristine condition and presents the kind of opportunity one rarely finds on The Strand.

Last Agent to Sell the Property

Shawn Dugan

Strand Hill Properties License #01749343 Listed on: 10/03/2012

Last Buyer's Agent

Lauren Forbes

Compass License #01295248

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,417

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 2,379 Sq Ft Lot
  • Beach Front
  • Property fronts an alley

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Catalina
  • Panoramic

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 3,833 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Stained Glass
  • French Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Atrium Room
  • Storage
  • Laundry Room
  • Alarm System

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Balcony

Additional Features

  • Property is near a park
  • Central Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 2 / 5
  • Assessor Parcel Number 4188005002

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,417

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent Cell
  • Other Phone Number: 310.265.3428
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Wired for Alarm System
  • View: Yes
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4188005002
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3833.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Recessed Lighting, Storage
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1108.79
  • Room Type: Atrium, Bonus Room, Family Room, Formal Entry, Master Bedroom
  • Window Features: Stained Glass
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Bay, Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In, Dishwasher, Freezer, Gas Cooking, Ice Maker, Oven, Range, Refrigerator, Cooktop
  • Heating Type: Central
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 2379.00
  • Lot Size Acres: 0.0550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2379.0000 Square Feet
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Block: 5
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2019
Sold by
Lehman Kenneth R and Lehman Joan A
Bought by
Lehman Joan A
Current Estimated Value
$7,399,338

Purchase Details

Listed on
Oct 3, 2012
Closed on
Jan 17, 2013
Sold by
Thomas Bruce W and Thomas Kimberly J
Bought by
Lehman Kenneth R and Lehman Joan A
Seller's Agent
Shawn Dugan
Strand Hill Properties
Buyer's Agent
Lauren Forbes
Compass
List Price
$4,875,000
Sold Price
$4,250,000
Premium/Discount to List
-$625,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Jan 31, 1997
Sold by
Thomas Bruce W and Thomas Kimberly J
Bought by
Thomas Bruce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
7.74%

Purchase Details

Closed on
Jan 30, 1997
Sold by
K J Thomas Trust Thomas Bruce And Kimberly Tr
Bought by
Thomas Bruce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
7.74%
Source: Public Records

Range of Values:

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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
Lehman Joan A -- None Available
Lehman Kenneth R $4,200,000 Nations Title Company
Thomas Bruce W -- Fidelity National Title Ins
Thomas Bruce W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Bruce W $300,700
Previous Owner Thomas Bruce W $200,000
Previous Owner Thomas Bruce W $200,000
Previous Owner Thomas Bruce W $240,000
Previous Owner Thomas Bruce W $257,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2013 02/13/13 Sold $4,250,000 -8.2% $1,109 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
11/06/2012 11/06/12 Price Changed $4,630,000 -5.0% $1,208 / Sq Ft
10/03/2012 10/03/12 For Sale $4,875,000 -- $1,272 / 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 $54,417 $5,171,991 $4,556,282 $615,709
2024 $54,417 $5,070,581 $4,466,944 $603,637
2023 $53,280 $4,971,158 $4,379,357 $591,801
2022 $52,325 $4,873,686 $4,293,488 $580,198
2021 $51,363 $4,778,124 $4,209,302 $568,822
2019 $50,005 $4,637,083 $4,084,452 $552,631
2018 $48,399 $4,546,174 $4,004,365 $541,809
2016 $46,044 $4,368,989 $3,848,872 $520,117
2015 $45,154 $4,303,364 $3,791,059 $512,305
2014 $44,112 $4,219,068 $3,716,798 $502,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12123299

California Regional Multiple Listing Service (CRMLS)

APN: 4188-005-002