NOT LISTED FOR SALE

428 25th St Hermosa Beach, CA 90254

Estimated Value: $1,832,247 - $2,087,000

2 Beds
2 Baths
1,283 Sq Ft
$1,541/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2024

Last sale price $1,885,000 $1,469 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,372 / mo

11 Days on Market

Highlights

  • Balcony
  • Fireplace
  • Bungalow
  • Hermosa Valley Elementary School Rated A
  • Living Room
  • Garden

About This Home

As of May 2024

Welcome to this charming Hermosa beach duplex that has undergone an extensive renovation! Located just 5 short blocks from the ocean on a quiet street, this property features two one bed one bath units. The lower unit boasts a brand new kitchen with new appliances including a refrigerator, washer/dryer, dishwasher, microwave, and range/oven. It also includes a built-in custom bedroom closet and a 3/4 bath. The upper unit offers new kitchen cabinets, microwave, washer/dryer. Also included are range/oven, refrigerator, and dishwasher. Additionally, it features a fully renovated full bath and a large bedroom with a balcony off the living room. Both units come with their own exterior patio, one of which includes an outdoor fireplace area. The property also showcases extensive landscaping, new fencing, upgraded electrical, and plumbing. Don't miss out on this exceptional opportunity to own a beautiful duplex in a prime Hermosa beach location!

Last Agent to Sell the Property

Dave Salzman

Engel & Völkers LA South Bay License #00952732 Listed on: 04/18/2024

Engel & Völkers LA South Bay

Co-Listed By

Carol Glover

Engel & Völkers LA South Bay License #01473202

Last Buyer's Agent

Roma Barba

Roma Barba, Broker License #01359711

Roma Barba, Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 1,745 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Garden
  • Land Lease

Home Design

  • Duplex
  • Bungalow
  • Entry on the 1st floor
  • Flat Roof Shape

Interior Spaces

  • 1,283 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Vinyl Flooring
  • Laundry in unit

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Exterior Lighting

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 113
  • Assessor Parcel Number 4182015001
  • $490 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1940 | Remodeled

Lot Details

1,745 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: HBR2YY
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4182015001
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Patio
  • Levels: Two
  • Price Per Square Foot: 1469.21
  • Room Type: Kitchen, Living Room

Exterior Features

  • Exterior Features: Balcony
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Off Street
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Garden
  • Lot Size Sq Ft: 1745.00
  • Lot Size Acres: 0.0401

Multi Family

  • Lot Size Area: 1745.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 6210.05
  • Tax Lot: 1
  • Tax Tract Number: 113
  • TaxOtherAnnualAssessmentAmount: 490.00

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
Apr 18, 2024
Closed on
May 23, 2024
Sold by
Bought by
Seller's Agent
Dave Salzman
Engel & Völkers LA South Bay
Buyer's Agent
Roma Barba
Roma Barba, Broker
List Price
$1,795,000
Sold Price
$1,885,000
Premium/Discount to List
$90,000
5.01%
Views
49
Current Estimated Value
$1,977,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,562
Avg. Annual Appreciation
2.33%
Original Mortgage
$1,508,000
Outstanding Balance
$1,476,256
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$501,306

Purchase Details

Closed on
May 5, 2023
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2023
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2016
Sold by
Bought by
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

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
$1,885,000 Lawyers Title Company
$90,000 Lawyers Title Company
$90,000 Lawyers Title Company
-- Lawyers Title
-- Lawyers Title
-- Accommodation/Courtesy Recordi
-- None Available
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
Open $1,508,000
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 Prior Sale
05/30/2024 05/30/24 Sold $1,885,000 0.0% $1,469 / Sq Ft
05/29/2024 05/29/24 Sold $1,885,000 +5.0% $1,469 / Sq Ft View Prior Sale
04/29/2024 04/29/24 Pending -- -- --
04/29/2024 04/29/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $1,795,000 0.0% $1,399 / Sq Ft
04/18/2024 04/18/24 For Sale $1,795,000 -- $1,399 / 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 $21,040 $1,922,700 $1,530,000 $392,700
2024 $13,147 $1,060,163 $998,937 $61,226
2023 $8,599 $765,309 $662,247 $103,062
2022 $8,445 $750,304 $649,262 $101,042
2021 $8,351 $735,593 $636,532 $99,061
2019 $10,194 $907,090 $847,711 $59,379
2018 $3,479 $282,206 $218,493 $63,713
2016 $3,307 $271,249 $210,009 $61,240
2015 $3,247 $267,176 $206,855 $60,321
2014 $3,115 $261,943 $202,803 $59,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24076888

California Regional Multiple Listing Service (CRMLS)

APN: 4182-015-001

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