NOT LISTED FOR SALE

540 1st St Unit 7 Hermosa Beach, CA 90254

Estimated Value: $1,514,000 - $1,745,000

3 Beds
3 Baths
1,509 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $1,480,000 $981 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,240/month

51 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Ocean Side of Freeway
  • Hermosa View Elementary School Rated A
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of August 2024

Stunning Townhome with Ocean Views in Hermosa Beach! Welcome to your coastal dream home! This exquisite 3-bed, 3-bath home offers a perfect blend of luxury, comfort, and convenience.Enjoy panoramic views to the south- sweeping views of the Palos Verdes Peninsula, an ocean view, twinkling lights at night.This home boasts an open airy floor plan, providing space for relaxation and entertainment. Enjoy two decks off the living areas and one off the primary bedroom for indoor/outdoor living space; and a living area filled with natural light, creating a warm and inviting ambiance.The remodeled kitchen features top of the line stainless appliances, custom cabinets, quartz counter tops, a comfortable breakfast bar and just the right pop of color! Generous bedrooms provide plenty of space for family, guests, or a home office.Each bedroom is designed with comfort and style in mind, featuring hardwood floors, designer decor, and generous closet space. Two ensuite bedrooms feature gorgeous private bathrooms, and a full hall bath adjacent to the third bedroom means every bedroom has it's own bathroom. Attached two car garage with direct entrance has custom expoxy flooring.This space could double as a home gym, kids playroom, man cave, or family game room!Fantastic location of this townhome offers easy access to the beach, local shops, restaurants, and entertainment options.Part of a well-maintained complex, it features a refreshing pool and spa. Lots of open space inside the complex for easy access and kid play.This home is high on the walkability scorecard! Whether your jam is the white sand beaches of Hermosa or you dream of a sailboat in the Redondo Marina, or you are a foodie and want your choice of prime dining, just park your car here and you are where you want to be for the weekend! Imagine a lively Friday night scene on the Hermosa Plaza, Saturday on the beach followed by sunset dining at the Chart House, then Sunday brunch at the yacht club followed by an afternoon sail on Sunday afternoon, and a barbeque on your own deck Sunday evening to finish off the weekend. Maybe even a twilight swim and jacuzzi in your (almost) private pool.Live your best life in this piece of paradise in Hermosa beach!Whether you're looking for a permanent residence or a vacation getaway, this townhome offers everything you need for luxurious coastal living.Contact us today to schedule a private tour and experience the charm and beauty of this exceptional property!

Last Agent to Sell the Property

Susan Murphy

Keller Williams Realty Brokerage Email: susan@hoffmanmurphy.com License #01008829 Listed on: 06/14/2024

Keller Williams Realty

Co-Listed By

Laura Grabher

Keller Williams Realty Brokerage Email: susan@hoffmanmurphy.com License #01372048

Last Buyer's Agent

Derrick Timmons

eXp Realty License #01886244

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1991

Lot Details

  • 0.54

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,509 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Custom Window Coverings
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage
  • Laundry Room
  • Ocean Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Ocean Side of Freeway
  • Patio
  • Exterior Lighting

Schools

  • Hermosa View Elementary School
  • Hermosa Valley Middle School

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating
  • Natural Gas Connected

Additional Features

  • 1 Common Wall
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 46826
  • Assessor Parcel Number 4188027039

Community Details

Overview

  • Master Insurance
  • 10 Units
  • Ardmore Place Association, Phone Number (310) 717-5390
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails

Townhouse Details

Home Type

Townhome

Year Built

Built in 1991

Lot Details

0.54 Acres

HOA Fees

$480 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: HB M*
  • Architectural Style: Contemporary
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4188027039
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1509.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting, Storage
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 980.78
  • Room Type: Primary Suite
  • Spa Features: Association
  • Window Features: Custom Covering
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Deck
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door, Garage Door Opener, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Insurance, Maintenance Grounds, Trash
  • Association Fee: 480.00
  • Association Fee Frequency: Monthly
  • Association Name: Ardmore Place
  • Phone: 3107175390
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Dog Park, Hiking, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: Ardmore Place

Schools

  • Elementary School: Hermosa View
  • Middle Or Junior School: Hermosa Valley
  • Elementary School #2: HERVIE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 23738.00
  • Lot Size Acres: 0.5449

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23738.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 6211.04
  • Tax Lot: 1
  • Tax Tract Number: 46826

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 9, 2024
Sold by
Michael J Moore 2010 Living Trust and Moore Michael J
Bought by
Timmons Family Trust and Timmons
Seller's Agent
Susan Murphy
Keller Williams Realty
Buyer's Agent
Derrick Timmons
eXp Realty
List Price
$1,499,000
Sold Price
$1,480,000
Premium/Discount to List
-$19,000
-1.27%
Views
113
Current Estimated Value
$1,629,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,178
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Jul 9, 2019
Sold by
Moore Michael Jeffrey and Moore Noel Christina
Bought by
Moore Michael J and The Michael J Moore 2010 Living Trust

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jul 13, 2018
Sold by
Plagge Garrick A and Plagge Kathleen A
Bought by
Moore Michael Jeffrey and Moore Noel Christina
Seller's Agent
Dunham Stewart
Vista Sotheby’s International Realty
Buyer's Agent
Laura Grabher
Keller Williams Realty
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$960,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Timmons Family Trust $1,480,000 Fidelity National Title
Moore Michael J -- None Available
Moore Michael Jeffrey $1,200,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Michael Jeffrey $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $1,480,000 -1.3% $981 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $1,499,000 0.0% $993 / Sq Ft
07/26/2024 07/26/24 For Sale $1,499,000 +1.3% $993 / Sq Ft
07/25/2024 07/25/24 Off Market $1,480,000 -- --
07/19/2024 07/19/24 Price Changed $1,565,000 -2.1% $1,037 / Sq Ft
07/07/2024 07/07/24 For Sale $1,599,000 +8.0% $1,060 / Sq Ft
07/06/2024 07/06/24 Off Market $1,480,000 -- --
06/14/2024 06/14/24 For Sale $1,599,000 +33.3% $1,060 / Sq Ft
08/29/2018 08/29/18 Sold $1,200,000 -4.0% $795 / Sq Ft View Prior Sale
07/05/2018 07/05/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $1,250,000 +4.2% $828 / Sq Ft
06/26/2018 06/26/18 Off Market $1,200,000 -- --
06/22/2018 06/22/18 For Sale $1,250,000 -- $828 / 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 $14,296 $1,480,000 $1,082,900 $397,100
2024 $14,296 $1,312,371 $831,169 $481,202
2023 $14,002 $1,286,639 $814,872 $471,767
2022 $13,750 $1,261,412 $798,895 $462,517
2021 $13,534 $1,236,680 $783,231 $453,449
2020 $13,456 $1,224,000 $775,200 $448,800
2019 $13,168 $1,200,000 $760,000 $440,000
2018 $6,055 $542,386 $264,665 $277,721
2016 $5,757 $521,327 $254,389 $266,938
2015 $5,648 $513,497 $250,568 $262,929
2014 $5,433 $503,439 $245,660 $257,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24120716

California Regional Multiple Listing Service (CRMLS)

APN: 4188-027-039

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