NOT LISTED FOR SALE

451 Longfellow Ave Hermosa Beach, CA 90254

Estimated Value: $2,200,000 - $2,736,868

0.06 Acre
$43,822,169 Price per Acre
2,472 Sq Ft Lot

Last Sold February 11, 2022

Last sale price $2,005,000 $1,287 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $15,422/month

42 Days on Market

Highlights

  • Park or Greenbelt View
  • Private Yard
  • Hiking Trails
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • Park

About This Lot

As of February 2022

RARE opportunity to finish this North Hermosa Beach sand section single family home by customizing it to suit your needs and taste or buy the lot as-is to design and build your dream home just 4 1/2 blocks to the sand and Pacific Ocean

The planned 2,145 sq ft, 3-bedroom, 3-bath home includes an open floor plan, chef's kitchen, expansive island with seating, walk-in pantry, floating staircase, fireplace and direct house access from the garage. The south facing "indoor/outdoor" living space includes barbeque, firepit and dining area which are perfect for game day entertaining and afternoons lounging in the sun. Upstairs is a newly added master suite includes a 148-square-foot covered deck that is the perfect complement for this private retreat. This highly sought-after location offers 3 on-site parking spots in addition to much more within a 1 block radius, which is a rarity for the sand section

This home has approved plans from Coastal Commission and the city of Hermosa Beach thru April 11, 2022, which will save up to a year in processing time, fees, etc,
Abatement, engineering, soil reports and interior demo have been executed to permits. Every step completed provides the new owner a shorter timeframe to enjoy this well thought out Velazquez Design home where the outdoors are integrated within at every level. Interiors by award-winning designer Kathy Barone, founder of Barone Design Inc., include architectural finishes throughout as well as a detailed furniture placement plan. Together full architectural and interior design integration evoke a high-end modern oasis filled with light, texture and sand-friendly sophistication.

Last Agent to Sell the Property

Mike Rossi

Strand Hill Properties License #01089100 Listed on: 12/07/2021

Last Buyer's Agent

Elizabeth Donovan

Coldwell Banker Realty License #01930016

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,598

Lot Details

  • 2,472 Sq Ft Lot
  • Rectangular Lot
  • Private Yard
  • Value in Land
  • Tear Down
  • Property is zoned HBR2YY

Property Views

  • Park or Greenbelt
  • Neighborhood

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 23 / 123
  • Tax Tract Number 4340
  • Assessor Parcel Number 4181011022
  • $501 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Hiking Trails
  • Bike Trail
  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$22,598

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Zoning: HBR2YY
  • Property Type: Land
  • Parcel Number: 4181011022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 811.08

Exterior Features

  • View: Neighborhood, Park/Greenbelt

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Tear Down, Value In Land, Yard
  • Lot Size Sq Ft: 2472.00
  • Lot Size Acres: 0.0567

Multi Family

  • Lot Size Area: 2472.0000 Square Feet

Tax Info

  • Tax Block: 123
  • Tax Census Tract: 6210.04
  • Tax Lot: 23
  • Tax Tract Number: 4340
  • TaxOtherAnnualAssessmentAmount: 501.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
Young Family Trust and Young John Randall
Bought by
Kyle Belle Trust and Pulle
Current Estimated Value
$2,484,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,668,504
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$816,213

Purchase Details

Closed on
Jan 18, 2024
Sold by
Metros Capital West 1 Llc
Bought by
Young Family Trust and Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,668,504
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$816,213

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 20, 2022
Sold by
Rado Lisa M
Bought by
Metros Capital West 1 Llc
Seller's Agent
Mike Rossi
Strand Hill Properties
Buyer's Agent
Elizabeth Donovan
Coldwell Banker Realty
List Price
$2,125,000
Sold Price
$2,005,000
Premium/Discount to List
-$120,000
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%

Purchase Details

Listed on
Dec 12, 2019
Closed on
Jan 7, 2020
Sold by
Gonzales Pamela G and Meyers Revocable Livin Grace P
Bought by
Rado Lisa M
Seller's Agent
Thomas Dinnegan
Engel & Völkers LA South Bay
Buyer's Agent
Mike Rossi
Strand Hill Properties
List Price
$1,595,000
Sold Price
$1,650,000
Premium/Discount to List
$55,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$1,237,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2019
Sold by
Myers Grace P
Bought by
Gonzales Pamela G and Grace P Myers Revocable Living

Purchase Details

Closed on
Jul 17, 2018
Sold by
Gonzales Pamela G
Bought by
Myers Grace P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 28, 2007
Sold by
Myers Grace P
Bought by
Myers Grace Pauline Crank and The Grace Pauline Crank Myers Living Tr
Source: Public Records

Range of Values:

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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
Kyle Belle Trust $2,100,000 Chicago Title Company
Young Family Trust -- Chicago Title Company
Metros Capital West 1 Llc $2,005,000 North American Title
Rado Lisa M $1,650,000 Lawyers Title Company
Gonzales Pamela G -- None Available
Myers Grace P -- Ticor Title Company Of Ca
Myers Grace Pauline Crank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kyle Belle Trust $1,700,000
Previous Owner Metros Capital West 1 Llc $2,147,000
Previous Owner Rado Lisa M $1,237,000
Previous Owner Myers Grace P $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $2,005,000 -5.6% $1,287 / Sq Ft
12/07/2021 12/07/21 For Sale $2,125,000 +28.8% $1,364 / Sq Ft
01/24/2020 01/24/20 Sold $1,650,000 +3.4% $1,059 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $1,595,000 -- $1,024 / 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 $22,598 $2,830,300 $2,109,870 $720,430
2024 $22,598 $2,086,002 $2,044,386 $41,616
2023 $22,132 $2,045,100 $2,004,300 $40,800
2022 $18,503 $1,700,434 $1,360,348 $340,086
2021 $18,198 $1,667,093 $1,333,675 $333,418
2020 $2,113 $158,219 $93,905 $64,314
2019 $2,074 $155,117 $92,064 $63,053
2018 $1,962 $152,076 $90,259 $61,817
2016 $1,853 $146,172 $86,755 $59,417
2015 $1,820 $143,977 $85,452 $58,525
2014 $1,684 $141,158 $83,779 $57,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21261195

California Regional Multiple Listing Service (CRMLS)

APN: 4181-011-022