NOT LISTED FOR SALE

504 25th St Hermosa Beach, CA 90254

Estimated Value: $3,153,000 - $3,586,000

9 Beds
5 Baths
3,988 Sq Ft
$850/Sq Ft Est. Value

Sale Details

Date Sold: December 26, 2012

Last sale price $2,550,000 $639 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $21,010 / mo

7 Days on Market

Highlights

  • No Units Above
  • Ocean Side of Highway 1
  • 0.34 Acre Lot
  • Hermosa Valley Elementary School Rated A

About This Home

As of December 2012

Rare double lot in Hermosa Valley. Great mid century modern single level units with huge private patio/and or yard. Well maintained with pride of ownership. Units have open beam stained ceilings, fireplace, ceiling fan, washer/dryer hookups, refrigerator, stove, dishwasher and there are single car garages with additional 2nd pad space for each unit in front of their garage. Extra 6th garage is rented out. Additionally, future building site for single family home or townhomes is another great option. See agent remarks for important details, seller mandates and specific terms.

Last Agent to Sell the Property

Rosanna Libertucci

West Shores Realty, Inc. License #00939714 Listed on: 12/03/2012

West Shores Realty, Inc.

Last Buyer's Agent

Jim Lisi

Ossia Real Estate License #01411669

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 14,810 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 3,988 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Ocean Side of Highway 1
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4182
  • Tax Tract Number 25
  • Assessor Parcel Number 4182025003

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Valley

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $360
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Trash Expense $2,829
  • Water Sewer Expense $3,600
  • New Taxes Expense $30,000
  • Gross Income $137,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.34 Acres

Parking

6

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4182025003
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 639.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2829.00
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Valley

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14810.00
  • Lot Size Acres: 0.3400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 137000.00
  • Gross Scheduled Income: 137280.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 14810.0000 Square Feet
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Carpet: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Patio: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Other Income Description: rent 6th single garage per mon
  • Rent Control: No
  • Total Actual Rent: 11440.00
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • New Taxes Expense: 30000.00
  • Tax Lot: 4182
  • Tax Tract Number: 025
  • Tax Year: 2011

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

Closed on
Feb 12, 2020
Sold by
Bought by
Current Estimated Value
$3,391,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,236,956
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,154,088

Purchase Details

Closed on
Feb 10, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,236,956
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,154,088

Purchase Details

Closed on
Aug 19, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,879,200
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 8, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,879,200
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 10, 2012
Sold by
Bought by
Seller's Agent
Rosanna Libertucci
West Shores Realty, Inc.
Buyer's Agent
Jim Lisi
Ossia Real Estate
List Price
$2,500,000
Sold Price
$2,550,000
Premium/Discount to List
$50,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$1,850,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage
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
-- Usa National Title Company
$2,825,000 Usa National Title
$2,349,000 Usa National Title Company
-- Usa National Title Company
$2,550,000 Usa National Title
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 $1,400,000
Previous Owner $1,879,200
Previous Owner $1,850,000
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
12/26/2012 12/26/12 Sold $2,550,000 +2.0% $639 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
12/03/2012 12/03/12 For Sale $2,500,000 -- $627 / 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 $33,617 $3,089,546 $2,381,631 $707,915
2024 $32,695 $3,028,968 $2,334,933 $694,035
2023 $32,017 $2,969,577 $2,289,150 $680,427
2022 $31,653 $2,911,351 $2,244,265 $667,086
2021 $30,980 $2,854,266 $2,200,260 $654,006
2020 $27,670 $2,542,631 $1,894,256 $648,375
2019 $27,098 $2,492,776 $1,857,114 $635,662
2018 $26,170 $2,443,899 $1,820,700 $623,199
2016 $24,788 $2,349,000 $1,750,000 $599,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12147385

California Regional Multiple Listing Service (CRMLS)

APN: 4182-025-023

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