NOT LISTED FOR SALE

429 Ocean View Ave Hermosa Beach, CA 90254

Estimated Value: $1,664,000 - $1,892,000

0.15 Acre
$11,855,944 Price per Acre
6,508 Sq Ft Lot

Last Sold December 11, 2019

Last sale price $1,168,000 $1,591 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $10,352/month

137 Days on Market

Highlights

  • 0.15 Acre Lot
  • No HOA
  • Back and Front Yard
  • Hermosa View Elementary School Rated A
  • Views
  • 3-minute walk to Fort Lots of Fun Park

About This Lot

As of December 2019

Special 6,500 square foot R1 lot in Hermosa Beach. The current 1905 cottage needs some love, but you could rehab and keep as a home away from home. This huge 6,500 sqft. lot with ocean views is a one-of-a-kind find. Oozing potential with its large lot stretching from street to alley, just imagine what you could build (check with the city first, tho’). Hermosa Beach has excellent elementary schools and Manhattan and Redondo Beach high schools are some of the best in the State. This home has great walkability to what Hermosa Beach has to offer -- restaurants, shopping, parks, and, of course, THE BEACH. Do you have an RV, maybe a boat or a bunch of cars? Problem solved: There is a ton of parking on the west side of the lot. This is a special property in beautiful Hermosa Beach.

Last Agent to Sell the Property

Jerry Carew

REMAX AEGIS License #01374136 Listed on: 05/10/2019

Last Buyer's Agent

Julia Shi

Real Property Management Choice License #01403895

Property Details

Property Type

  • Land

Lot Details

  • 6,508 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned HBR1YY

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 4340
  • Assessor Parcel Number 4186017006

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: HBR1YY
  • Property Type: Land
  • Parcel Number: 4186017006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 179.47

Utilities

  • 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: Back Yard, Front Yard
  • Lot Size Sq Ft: 6508.00
  • Lot Size Acres: 0.1494

Multi Family

  • Lot Size Area: 6508.0000 Square Feet

Tax Info

  • Tax Census Tract: 6211.02
  • Tax Lot: 12
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2019
Sold by
Brookes George E
Bought by
Zhang Yujie and Wz Family Trust
Current Estimated Value
$1,771,278

Purchase Details

Closed on
Jan 17, 2013
Sold by
Brookes George E and Garsin Charisse
Bought by
Brookes George E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2009
Sold by
Brookes James L and Cyril Brookes Family Trust Of
Bought by
Brookes George E

Purchase Details

Closed on
Jul 10, 2006
Sold by
Brookes James L and Brookes Cyril
Bought by
Brookes James L and Cyril Brookes Family Trust Of
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zhang Yujie $1,168,000 North American Title
Brookes George E -- Ticor Title Tustin Orange Co
Brookes George E -- None Available
Brookes George E -- None Available
Brookes James L -- None Available
Brookes James L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brookes George E $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2019 12/11/19 Sold $1,168,000 0.0% $1,591 / Sq Ft
12/11/2019 12/11/19 Sold $1,168,000 -0.6% $1,591 / Sq Ft View Prior Sale
09/24/2019 09/24/19 Pending -- -- --
09/24/2019 09/24/19 Pending -- -- --
09/18/2019 09/18/19 Price Changed $1,175,000 0.0% $1,601 / Sq Ft
09/18/2019 09/18/19 Price Changed $1,175,000 -1.2% $1,601 / Sq Ft
08/08/2019 08/08/19 Price Changed $1,189,000 0.0% $1,620 / Sq Ft
08/08/2019 08/08/19 Price Changed $1,189,000 -0.8% $1,620 / Sq Ft
07/12/2019 07/12/19 Price Changed $1,199,000 0.0% $1,634 / Sq Ft
07/12/2019 07/12/19 Price Changed $1,199,000 -4.0% $1,634 / Sq Ft
06/07/2019 06/07/19 Price Changed $1,249,000 0.0% $1,702 / Sq Ft
06/06/2019 06/06/19 Price Changed $1,249,000 -3.6% $1,702 / Sq Ft
05/10/2019 05/10/19 For Sale $1,295,000 0.0% $1,764 / Sq Ft
05/02/2019 05/02/19 Price Changed $1,295,000 -7.2% $1,764 / Sq Ft
04/18/2019 04/18/19 For Sale $1,395,000 -- $1,901 / 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 $13,633 $1,277,375 $1,222,694 $54,681
2024 $13,633 $1,252,329 $1,198,720 $53,609
2023 $13,354 $1,227,774 $1,175,216 $52,558
2022 $13,114 $1,203,701 $1,152,173 $51,528
2021 $12,919 $1,180,100 $1,129,582 $50,518
2020 $12,844 $1,168,000 $1,118,000 $50,000
2019 $1,158 $65,446 $61,075 $4,371
2018 $1,082 $64,164 $59,878 $4,286
2016 $1,003 $61,673 $57,553 $4,120
2015 $986 $60,748 $56,689 $4,059
2014 $870 $59,559 $55,579 $3,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19109515

California Regional Multiple Listing Service (CRMLS)

APN: 4186-017-006