NOT LISTED FOR SALE

441 29th St Hermosa Beach, CA 90254

Estimated Value: $2,018,000 - $2,813,000

3 Beds
3 Baths
1,555 Sq Ft
$1,570/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $1,150,000 $740 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $13,909/month

8 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Laundry Room
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • 4-minute walk to Valley Park

About This Home

As of November 2012

Prime No. Hermosa Duplex with no deferred maintenance. Newer Heating, Plumbing and Roof. Live in one and rent the other. Each unit has their own Washer and Dryer. Charming upper 1 bedroom unit has Fireplace, new laminated wood floors, lovely deck for outdoor entertaining and double attached garage with additional storage. The kitchen has cook top, oven, dishwasher and refrigerator. The 2 bedroom unit has vaulted ceilings with skylight in living room making it light and cheery. The kitchen includes refrigerator. It also has a washer and dryer in the one car attached garage plus additional parking.

Last Agent to Sell the Property

Jackie Flaherty

Real Estate West, Inc. License #00615237 Listed on: 10/01/2012

Co-Listed By

Dana Graner

Coldwell Banker Realty License #01816802

Last Buyer's Agent

Geraldine Athas-Vazquez

Estate Properties License #01742286

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 2,422 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 1,555 Sq Ft Home
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 21 / 126
  • Tax Tract Number 6210
  • Assessor Parcel Number 4181008018

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $200
  • Water Sewer Expense $300
  • New Taxes Expense $14,375
  • Net Operating Income $44,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Inclusions: Refrigerator Washers and Dryers
  • View: Yes
  • Water Sewer Expenses: 300.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 4181008018
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 739.55

Exterior Features

  • View: City Lights
  • Roof: Composition, Tar/Gravel

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Sewer Paid
  • Trash Expense: 200.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size: 30
  • Lot Size Sq Ft: 2422.00
  • Lot Size Acres: 0.0560

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700
  • Average2 Bed Area: 855
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 2422.0000 Square Feet
  • Maintenance Percent: 3.00
  • Net Operating Income: 44520.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Drapes: 1
  • Number With Patio: 1
  • Number With Range: 1
  • Number With Refrigerator: 2
  • Operating Expense: 2630.00
  • Rent Control: No
  • Total Actual Rent: 24600.00

Tax Info

  • New Taxes Expense: 14375.00
  • Tax Area: 4340
  • Tax Block: 126
  • Tax Lot: 21
  • Tax Tract Number: 6210
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2012
Closed on
Jan 11, 2013
Sold by
Manclark Charles Scott and Manclark Kathryn A
Bought by
441 29Th Street Llc
Seller's Agent
Jackie Flaherty
Real Estate West, Inc.
Buyer's Agent
Geraldine Athas-Vazquez
Estate Properties
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$2,440,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,290,907
Avg. Annual Appreciation
5.88%

Purchase Details

Listed on
Oct 1, 2012
Closed on
Nov 8, 2012
Sold by
Gregory Paul L
Bought by
Manclark Charles Scott and Manclark Kathryn A
Seller's Agent
Jackie Flaherty
Real Estate West, Inc.
Buyer's Agent
Geraldine Athas-Vazquez
Estate Properties
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2011
Sold by
Gregory Mari
Bought by
Gregory Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1993
Sold by
Little William
Bought by
Gregory Paul L and Gregory Mari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5%
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

Date Buyer Sale Price Title Company
441 29Th Street Llc -- None Available
Manclark Charles Scott $1,150,000 Chicago Title Company
Gregory Paul L -- Chicago Title Company
Gregory Paul L -- Lsi Title Company
Gregory Paul L $330,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manclark Charles Scott $533,850
Previous Owner Gregory Paul L $459,000
Previous Owner Gregory Paul L $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2012 11/20/12 Sold $1,150,000 0.0% $740 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $1,150,000 -- $740 / 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 $15,265 $1,416,130 $1,274,522 $141,608
2024 $15,265 $1,388,364 $1,249,532 $138,832
2023 $14,954 $1,361,142 $1,225,032 $136,110
2022 $14,686 $1,334,454 $1,201,012 $133,442
2021 $14,469 $1,308,289 $1,177,463 $130,826
2020 $14,386 $1,294,875 $1,165,390 $129,485
2019 $14,092 $1,269,487 $1,142,540 $126,947
2018 $13,619 $1,244,596 $1,120,138 $124,458
2016 $12,954 $1,196,269 $1,076,643 $119,626
2015 $12,707 $1,178,301 $1,060,471 $117,830
2014 $12,332 $1,155,220 $1,039,698 $115,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12123564

California Regional Multiple Listing Service (CRMLS)

APN: 4181-008-018