Seller's Agent in 2021
Gregory Maffei
Vista Sotheby’s International Realty
18 in this area
44 Total Sales
42 7th Ct Hermosa Beach, CA 90254
Estimated Value: $3,634,000 - $5,171,000
5
Beds
3
Baths
2,024
Sq Ft
$2,015/Sq Ft
Est. Value
Highlights
- Ocean View
- Two Primary Bedrooms
- No HOA
- Hermosa Valley Elementary School Rated A
- Private Yard
- 2 Car Attached Garage
About This Home
As of February 2021Prime, ocean view properties in Hermosa Beach do not come up often. Not one like this anyway! Welcome to 47 6th Street! It's a charming beach bungalow with a rental unit in the back. This first block, flat Walkstreet home with income unit is located mid-block and just 6 houses to the Strand. The location offers potential for GREAT ocean views if building a new home on this friendly walkstreet due to a brand new, small house that was just built to the west. Hermosa walkstreets are evaluated by the amount of newer single family homes on a block and this one is one of the best consisting of fun-loving neighbors of all ages....young children to lucky retirees. This property consists of two units (front cottage bungalow and unit above the garage). The 3 bedroom, 2 bath Beach Cottage opens to a spacious front patio perfect for entertaining or relaxing. The recently remodeled, very chic 2 bedroom, 1 bath upper unit opens to a terrific deck with expansive views. As a sensible, long-term investment to own an income producing duplex or an incredible opportunity to build a large, single family home on a 30 x 95 Sq.Ft.....you can't miss with this one. The front bungalow is on a month-to-month lease at $5250/mo and the back unit at $3750/mo. Both units have garages. Both tenants would sign nee leases if given the option. Come and take a look!
Last Agent to Sell the Property
Vista Sotheby’s International Realty License #01091979 Listed on: 10/16/2020
Last Buyer's Agent
Mark Hamilton
Beach City Brokers License #02025139
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,607
Year Built
- Built in 1948
Lot Details
- 2,850 Sq Ft Lot
- Private Yard
- Property is zoned HBR3YY
Parking
- 2 Car Attached Garage
- Parking Available
Interior Spaces
- 2,024 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Ocean Views
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Double Master Bedroom
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Fire Pit
Schools
- Hermosa View Elementary School
- Hermosa Valley Middle School
- Mira Costa High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 21 / 7
- Tax Tract Number 26359
- Assessor Parcel Number 4187016031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2020
Closed on
Feb 5, 2021
Sold by
Graham 2011 Irrevocable Trust and Graham Patrick L
Bought by
Hamilton Family Trust and Hamilton
Seller's Agent
Gregory Maffei
Vista Sotheby’s International Realty
Buyer's Agent
Mark Hamilton
Beach City Brokers
List Price
$3,295,000
Sold Price
$3,200,000
Premium/Discount to List
-$95,000
-2.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$878,994
Avg. Annual Appreciation
6.12%
Purchase Details
Closed on
Jul 29, 2016
Sold by
Borzi William Jay
Bought by
Graham Patrick L and Graham 2011 Irrevocable Trust
Purchase Details
Listed on
Mar 9, 2016
Closed on
Mar 7, 2016
Sold by
Turner Ryan W
Bought by
William Jay & Carol Ann Borzi Family Tru
Seller's Agent
Gregory Maffei
Vista Sotheby’s International Realty
Buyer's Agent
Molly Hobin Williams
Bayside
List Price
$2,999,000
Sold Price
$3,150,000
Premium/Discount to List
$151,000
5.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Purchase Details
Listed on
Jan 1, 2015
Closed on
Feb 26, 2015
Sold by
Shea Thomas
Bought by
Turner 2007 Revocable Trust
Seller's Agent
Matthew Adamo
Matthew John Adamo
Buyer's Agent
John Maffei
Re/Max Execs Redondo Beach
List Price
$2,899,999
Sold Price
$2,600,000
Premium/Discount to List
-$299,999
-10.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.15%
Original Mortgage
$800,775
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 4, 2013
Sold by
Shea Leslie A
Bought by
Shea Thomas
Purchase Details
Closed on
Mar 22, 1998
Sold by
Sullivan J Patrick
Bought by
Shea Thomas and Shea Leslie A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamilton Family Trust | $3,200,000 | First American Title Company O | |
| Hamilton Family Trust | $3,200,000 | First American Title Company O | |
| Graham Patrick L | $3,200,000 | Progressive Title Company | |
| Graham Patrick L | $3,200,000 | Progressive Title Company | |
| William Jay & Carol Ann Borzi Family Tru | $3,150,000 | None Available | |
| William Jay & Carol Ann Borzi Family Tru | $3,150,000 | None Available | |
| Turner 2007 Revocable Trust | $2,600,000 | Fatcola | |
| Turner 2007 Revocable Trust | $2,600,000 | Fatcola | |
| Shea Thomas | -- | None Available | |
| Shea Thomas | -- | None Available | |
| Shea Thomas | $580,000 | Gateway Title Company | |
| Sullivan J Patrick | -- | Gateway Title Company | |
| Shea Thomas | $580,000 | Gateway Title Company | |
| Sullivan J Patrick | -- | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Turner 2007 Revocable Trust | $800,775 | |
| Previous Owner | Shea Thomas | $533,850 | |
| Previous Owner | Shea Thomas | $100,000 | |
| Previous Owner | Shea Thomas | $630,000 | |
| Previous Owner | Shea Thomas | $615,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $3,200,000 | -2.9% | $1,581 / Sq Ft |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- |
| 10/16/2020 10/16/20 | For Sale | $3,295,000 | +4.6% | $1,628 / Sq Ft |
| 03/31/2016 03/31/16 | Sold | $3,150,000 | +5.0% | $1,537 / Sq Ft |
| 03/16/2016 03/16/16 | Pending | -- | -- | -- |
| 03/09/2016 03/09/16 | For Sale | $2,999,000 | +15.3% | $1,464 / Sq Ft |
| 04/02/2015 04/02/15 | Sold | $2,600,000 | -10.3% | $1,269 / Sq Ft |
| 01/30/2015 01/30/15 | Pending | -- | -- | -- |
| 01/01/2015 01/01/15 | For Sale | $2,899,999 | -- | $1,415 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $36,607 | $3,463,780 | $3,355,538 | $108,242 |
| 2024 | $36,607 | $3,395,864 | $3,289,744 | $106,120 |
| 2023 | $35,846 | $3,329,280 | $3,225,240 | $104,040 |
| 2022 | $35,204 | $3,264,000 | $3,162,000 | $102,000 |
| 2021 | $37,034 | $3,431,045 | $2,090,793 | $1,340,252 |
| 2020 | $36,821 | $3,396,105 | $2,069,355 | $1,326,750 |
| 2019 | $36,056 | $3,329,520 | $2,028,780 | $1,300,740 |
| 2018 | $34,888 | $3,264,240 | $1,989,000 | $1,275,240 |
| 2016 | $28,009 | $2,639,650 | $2,335,075 | $304,575 |
| 2015 | $8,719 | $791,232 | $571,290 | $219,942 |
| 2014 | $8,551 | $775,734 | $560,100 | $215,634 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Maffei
-
M
Buyer's Agent in 2021
Mark Hamilton
Beach City Brokers
-
E
Seller Co-Listing Agent in 2016
Elaine Quintiliani
Compass
-
Molly Hobin Williams
Buyer's Agent in 2016
Molly Hobin Williams
Bayside
(310) 925-2529
4 in this area
76 Total Sales
-
Matthew Adamo
Seller's Agent in 2015
Matthew Adamo
Matthew John Adamo
(310) 880-8628
12 Total Sales
-
J
Buyer's Agent in 2015
John Maffei
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20218738
APN: 4187-016-031
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