NOT LISTED FOR SALE

Estimated Value: $4,794,000 - $7,500,000

4 Beds
3.5 Baths
2,516 Sq Ft
$2,590/Sq Ft Est. Value

Last Sold April 06, 2017

Last sale price $3,650,000 $1,451 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $39,346/month

54 Days on Market

Highlights

  • Peek-A-Boo Views
  • Open Floorplan
  • Cathedral Ceiling
  • Hermosa Valley Elementary School Rated A
  • Deck
  • 3-minute walk to Noble Park

About This Home

As of April 2017

You Really Can Have it All! Location, Charm, Ocean Views, and Parking Spaces Too! You won't want to miss this lovely duplex on one of the best walk streets in Hermosa Beach. It is just steps from the sand and surf and a short walk to the many great restaurants and shops in downtown HB. The front house is two stories with 2 bedrooms and 2 ½ bathrooms. The upper level is open and airy, with beamed and vaulted ceilings. There is a nicely updated kitchen, powder room, and living area. The deck off the living room offers partial ocean views and runs the length of the front of the home. It is spacious enough for a table, seating, grill, and more! The bedrooms and two of the bathrooms are on the lower level. The master bedroom (with ensuite bath) leads through French doors out to a huge walk street deck and patio, also with partial ocean views and built-in fire pit. Several outdoor spaces—including the huge walk street patio, center courtyard, and upper deck—provide an abundance of options for dining, socializing, or quietly reading the Sunday paper. The separate apartment has 2 bedrooms and 1 bathroom as well as an updated kitchen. The perfect beach rental! A great long-term investment opportunity to own an income producing duplex, or to live in the front and rent the back unit. Oh, and don't forget the 4 dedicated parking spots! Your friends and family will thank you!

Last Agent to Sell the Property

Christina Schlank

Vista Sotheby’s International Realty License #01923325 Listed on: 12/01/2016

Vista Sotheby’s International Realty

Last Buyer's Agent

Susan Jensen

Pacifica Properties Group, Inc. License #00689950

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 2,854 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Parking Available
  • Tandem Covered Parking
  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 2,516 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Flooring
  • Peek-A-Boo Views
  • Laundry Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Living Room Balcony
  • Deck
  • Brick Porch or Patio

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 4340
  • Assessor Parcel Number 4183006033

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBR2B*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4183006033
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2516.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1450.72

Exterior Features

  • Patio: Yes
  • View: Peek-A-Boo
  • Patio And Porch Features: Brick, Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Tandem Covered
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 2854.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 6210.02
  • Tax Lot: 11
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Feb 16, 2017
Sold by
White Paul A
Bought by
Young Matthew P and Young Monica A
Seller's Agent
Christina Schlank
Vista Sotheby’s International Realty
Buyer's Agent
Susan Jensen
Pacifica Properties Group, Inc.
List Price
$3,900,000
Sold Price
$3,650,000
Premium/Discount to List
-$250,000
-6.41%
Current Estimated Value
$6,516,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,866,021
Avg. Annual Appreciation
6.85%
Original Mortgage
$1,000,000
Interest Rate
3.02%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2013
Sold by
Izadopanah Amir P
Bought by
Paul & Erika White Living Trust

Purchase Details

Closed on
Feb 13, 2008
Sold by
Lytar Stephanie Rene
Bought by
Izadpanah Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2008
Sold by
Izadpanah Amir
Bought by
Izadpanah Amir P and Amir P Izadpanah Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2007
Sold by
Izadpanah Amir P and Amir P Izadpanah Trust
Bought by
Izadpanah Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Izadpanah Amir P
Bought by
Izadpanah Amir P and Amir P Izadpanah Trust

Purchase Details

Closed on
Jan 7, 2001
Sold by
Izadpanah Kamran and Izadpanah Amir
Bought by
Izadpanah Amy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
6.98%

Purchase Details

Closed on
Oct 22, 1998
Sold by
Shane Sheila L
Bought by
Izadpanah Kamran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,750
Interest Rate
6.69%

Purchase Details

Closed on
Jul 2, 1996
Sold by
Miller Alan
Bought by
Shane Sheila L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.95%
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
Young Matthew P $3,650,000 Fidelity National Title Co
Paul & Erika White Living Trust $2,549,000 Ortc
Izadpanah Amir -- Accommodation
Izadpanah Amir P -- Chicago Title Company
Izadpanah Amir -- Chicago Title Company
Izadpanah Amir P -- --
Izadpanah Amy P -- Investors Title Company
Izadpanah Kamran $829,000 --
Shane Sheila L $660,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Matthew P $1,000,000
Previous Owner Izadpanah Amir $1,140,000
Previous Owner Izadpanah Amy P $693,000
Previous Owner Izadpanah Kamran $621,750
Previous Owner Shane Sheila L $475,000
Closed Izadpanah Kamran $124,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2017 04/06/17 Sold $3,650,000 -6.4% $1,451 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $3,900,000 -- $1,550 / 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 $63,276 $6,011,536 $4,236,136 $1,775,400
2024 $63,276 $5,893,664 $4,153,075 $1,740,589
2023 $61,886 $5,778,103 $4,071,643 $1,706,460
2022 $42,690 $3,991,807 $3,991,807 $0
2021 $41,936 $3,913,537 $3,913,537 $0
2019 $41,072 $3,797,460 $2,819,484 $977,976
2018 $39,741 $3,723,000 $2,764,200 $958,800
2016 $28,027 $2,639,577 $2,121,810 $517,767
2015 $27,488 $2,599,929 $2,089,939 $509,990
2014 -- $1,114,895 $823,437 $291,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16749879

California Regional Multiple Listing Service (CRMLS)

APN: 4183-006-033