NOT LISTED FOR SALE

449 30th St Hermosa Beach, CA 90254

Estimated Value: $2,104,000 - $2,419,000

3 Beds
3 Baths
1,837 Sq Ft
$1,239/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $2,000,000 $1,089 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,026/month

9 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Galley Kitchen
  • Hermosa Valley Elementary School Rated A
  • Home Office
  • 5-minute walk to Valley Park

About This Home

As of August 2024

Hermosa Valley Duplex 2 bedroom and office room up and One bedroom down. If you have clients with the goal to buy / hold / then build, this property is a winner. Upper unit has bean ceilings, lots of windows, and hardwood floors. This duplex has been in the family for many years, although dated it has been lovingly cared for and it shows. Suitable for a buyer to take occupancy right away. Located between Ardmore and Highland just blocks to the beach, Quiet street loaded with beautiful pride of ownership homes in a sought after beach neighborhood. Better hurry on this gem!!!

Last Agent to Sell the Property

Ross Moore CCIM

Estate Properties Brokerage Phone: 310-947-6997 License #00630984 Listed on: 06/30/2024

Estate Properties

Last Buyer's Agent

David Keller

Estate Properties License #00851437

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 2,096 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • South Facing Home
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Duplex
  • Entry on the 2nd floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,837 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Home Office

Kitchen

  • Galley Kitchen
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 25 / 125
  • Tax Tract Number 621
  • Assessor Parcel Number 4181009025
  • $543 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,800
  • Water Sewer Expense $1,850
  • New Taxes Expense $22,187
  • Operating Expense $29,740
  • Gross Income $87,600
  • Net Operating Income $55,231

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • View: No
  • Water Sewer Expenses: 1850.00
  • Zoning: HBR1*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4181009025
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 1088.73
  • Room Type: Galley Kitchen, Kitchen, Living Room, Primary Bathroom, Office

Exterior Features

  • Direction Faces: South
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 2096.00
  • Lot Size Acres: 0.0481
  • Latitude Manual: 33.87611300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 637 Square Feet
  • Average2 Bed Area: 1200 Square Feet
  • Gross Income: 87600.00
  • Gross Operating Income: 84972.00
  • Gross Scheduled Income: 87600.00
  • Insurance Expense: 3800.00
  • Lot Size Area: 2096.0000 Square Feet
  • Net Operating Income: 55231.00
  • 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
  • Operating Expense: 29740.00
  • Rent Control: No
  • Total Expenses: 29740.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22187.00
  • Tax Block: 125
  • Tax Census Tract: 6210.05
  • Tax Lot: 25
  • Tax Tract Number: 621...
  • TaxOtherAnnualAssessmentAmount: 543.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Aug 5, 2024
Sold by
Ferrarotti Anna Maria and Ferrarotti Exemption Trust
Bought by
Ben-Zour Family Trust and Ben-Zour
Seller's Agent
Ross Moore CCIM
Estate Properties
Buyer's Agent
David Keller
Estate Properties
List Price
$1,775,000
Sold Price
$2,000,000
Premium/Discount to List
$225,000
12.68%
Views
14
Current Estimated Value
$2,275,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,392
Avg. Annual Appreciation
9.30%
Original Mortgage
$1,500,000
Outstanding Balance
$1,482,994
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$792,398

Purchase Details

Closed on
Sep 28, 2016
Sold by
Ferrarotti Silvana
Bought by
Ferrarotti Silvana and Ferrarotti Exemption Trust

Purchase Details

Closed on
Oct 15, 1993
Sold by
Ferrarotti Angelo E and Ferrarotti Silvana
Bought by
Ferrarotti Angelo E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ben-Zour Family Trust $2,000,000 Wfg National Title
Ferrarotti Silvana -- None Available
Ferrarotti Angelo E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ben-Zour Family Trust $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $2,000,000 +12.7% $1,089 / Sq Ft
06/30/2024 06/30/24 For Sale $1,775,000 -- $966 / 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 $2,238 $2,000,000 $1,600,000 $400,000
2024 $2,238 $159,544 $101,164 $58,380
2023 $2,203 $156,417 $99,181 $57,236
2022 $2,164 $153,351 $97,237 $56,114
2021 $2,190 $150,345 $95,331 $55,014
2019 $2,140 $146,087 $92,504 $53,583
2018 $2,051 $143,228 $90,691 $52,537
2016 $1,941 $137,475 $87,170 $50,305
2015 $1,908 $135,411 $85,861 $49,550
2014 $1,755 $132,760 $84,180 $48,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24130176

California Regional Multiple Listing Service (CRMLS)

APN: 4181-009-025