NOT LISTED FOR SALE

515 Prospect Ave Hermosa Beach, CA 90254

Estimated Value: $3,657,944 - $3,997,000

5 Beds
4 Baths
3,950 Sq Ft
$974/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $2,920,000 $739 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $23,788/month

55 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Dual Staircase
  • Hermosa View Elementary School Rated A
  • 0.19 Acre Lot
  • 1-minute walk to Fort Lots of Fun Park

About This Home

As of September 2019

Spectacular detached townhouse with panoramic 180 degree ocean and city views. Perched on a pinnacle point of the Hermosa Hills, sits this 5 bedroom 4 bath residence. Immaculate, just like new, (built in 2017), luxury home. High end contemporary finishes inside and out, boasting 3 stop elevator, efficient A/C and forced air heating, built in electronic shades to shield the heat in summertime, and a spacious roof top deck with views of planet Earth!!! Huge master suite with his and her closets, large master bath, and an additional bedroom on middle level. Downstairs boasts a massive bonus room, plus two more secondary bedrooms, and another beautiful bathroom to service this lower level. There is a small outdoor, fenced patio off of this room, ideal for small pets. As you arrive on the living level, gaze at the gorgeous ocean and city views from Malibu to Catalina. Magnificent gourmet kitchen, with huge center island, loads of counter space and custom cabinetry. Walk in pantry, high end appliances including 48" refrigerator/freezer, stove top, and built in double oven. The family room has a lovely flush mount fireplace, suitable size for big furniture, and opens to ocean view balcony. There is a single door and accordion doors that open wall to wall for a rush of ocean breezes and did I mention, panoramic ocean and city views?!?!?! Exterior mahogany siding complements the smooth stucco exterior and completes the contemporary look to this exquisite home.

Last Agent to Sell the Property

Gary Kooba

Vista Sotheby’s International Realty License #00578697 Listed on: 06/25/2019

Last Buyer's Agent

Gary Kooba

Vista Sotheby’s International Realty License #00578697 Listed on: 06/25/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $33,821

Year Built

  • Built in 2017

Lot Details

  • 8,139 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,950 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Dual Staircase
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Corian Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Sewer Paid
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Master Insurance
  • 2 Units
  • Prospect HOA
  • Mark HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5209
  • Assessor Parcel Number 4186015033

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$33,821

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBR2YY
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4186015033
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3950.00 Square Feet
  • Interior Amenities: 2 Staircases, Elevator
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 739.24
  • Room Type: Family Room, Foyer, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower In Tub, Corian Counters, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Self-Closing Drawers

Exterior Features

  • View: City Lights, Coastline, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Fee Frequency: Semi-Annually
  • Association Name: Prospect HOA
  • Phone: 000-000-0000
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Mark

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 8139.00
  • Lot Size Acres: 0.1868

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8139.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6211.02
  • Tax Lot: 1
  • Tax Tract Number: 5209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 20, 2019
Sold by
Harding Mark A and Harding Sheri J
Bought by
Shah Ali and Ahmad Maryam
Seller's Agent
Gary Kooba
Vista Sotheby’s International Realty
Buyer's Agent
Gary Kooba
Vista Sotheby’s International Realty
List Price
$3,095,000
Sold Price
$2,920,000
Premium/Discount to List
-$175,000
-5.65%
Current Estimated Value
$3,848,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$928,648
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,620,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2018
Sold by
Anschei Harold
Bought by
515 Prospect St Lp

Purchase Details

Listed on
Sep 15, 2017
Closed on
Dec 1, 2017
Sold by
515 Prospect St Lp
Bought by
Harding Mark A and Harding Sheri J
Seller's Agent
Kevin Nolan
Strand Hill Properties
Buyer's Agent
Gary Kooba
Vista Sotheby’s International Realty
List Price
$2,999,000
Sold Price
$2,835,000
Premium/Discount to List
-$164,000
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$650,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 27, 2017
Sold by
Anschel Harold
Bought by
515 Prospect St Lp
Seller's Agent
Kevin Nolan
Strand Hill Properties
Buyer's Agent
Gary Kooba
Vista Sotheby’s International Realty
List Price
$2,999,000
Sold Price
$2,835,000
Premium/Discount to List
-$164,000
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2014
Sold by
Shapiro Joel
Bought by
Shapiro Joel and Joel Shapiro Trust

Purchase Details

Closed on
Jan 24, 2012
Sold by
Shapiro Joel
Bought by
Shapiro Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2001
Sold by
Shapiro Joel and Shapiro Betty L
Bought by
Shapiro Joel
Source: Public Records

Range of Values:

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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
Shah Ali $2,920,000 Pacific Coast Title
515 Prospect St Lp -- Usa National Title Co
Harding Mark A $2,835,000 Usa National Title Company
515 Prospect St Lp -- Usa National Title Company
Shapiro Joel -- None Available
Shapiro Joel -- Chicago Title Company
Shapiro Joel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Ali $1,570,783
Closed Shah Ali $1,620,000
Previous Owner Harding Mark A $650,000
Previous Owner Shapiro Joel $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $2,920,000 -5.7% $739 / Sq Ft
06/25/2019 06/25/19 For Sale $3,095,000 +9.2% $784 / Sq Ft
12/20/2017 12/20/17 Sold $2,835,000 -5.5% $718 / Sq Ft
09/15/2017 09/15/17 For Sale $2,999,000 -- $759 / 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 $33,821 $3,193,441 $1,572,879 $1,620,562
2024 $33,821 $3,130,826 $1,542,039 $1,588,787
2023 $33,120 $3,069,438 $1,511,803 $1,557,635
2022 $32,527 $3,009,254 $1,482,160 $1,527,094
2021 $31,927 $2,950,250 $1,453,099 $1,497,151
2019 $31,318 $2,891,700 $1,020,000 $1,871,700
2018 $30,397 $2,835,000 $1,000,000 $1,835,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19149801

California Regional Multiple Listing Service (CRMLS)

APN: 4186-015-033