NOT LISTED FOR SALE

Estimated Value: $1,467,000 - $1,989,449

2 Beds
2 Baths
1,152 Sq Ft
$1,405/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $1,400,000 $1,215 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,824/month

21 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • 3-minute walk to Ardmore Park
  • Hermosa Valley Elementary School Rated A

About This Home

As of March 2023

LET'S WALK TO THE BEACH! Located in the Sand Section of Hermosa Beach steps away from Clark Field, the Greenbelt Jogging Path and walking distance to The Strand. Both units feature 1 bedroom 1 bath with a large rear yard, ample side yard and a 2-car attached garage. This property has much to offer the owner-user, the investor, and developer. Probate Sale that does not require court confirmation.

Last Agent to Sell the Property

John Capiro

Compass License #00925696 Listed on: 02/06/2023

Compass

Last Buyer's Agent

Lindsay Singer

West Shores Realty, Inc. License #02139776

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 3,774 Sq Ft Lot
  • Lot Dimensions are 35 x 108

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 4187-031-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

3,774 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1152
  • Lot Acreage: 0.0866
  • Lot Dimensions: 35 x 108
  • Probate: Yes
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1344.62

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 18.65
  • Assessed Improvement Value: 73564
  • Assessed Land Percent: 81.35
  • Assessed Land Value: 320910
  • Total Assessed Value: 394474
  • Assessor Parcel Number: 4187-031-006
  • Lot Size Area: 3774

Rental Info

  • Court Approve: No
  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.51
  • Number Of Units: 2
  • Type Of Units: DUPLEX
  • Vacancy Allow Percent: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Mar 6, 2023
Sold by
Bobic Donna
Bought by
Petty Matthew
Seller's Agent
John Capiro
Compass
Buyer's Agent
Lindsay Singer
West Shores Realty, Inc.
List Price
$1,549,000
Sold Price
$1,400,000
Premium/Discount to List
-$149,000
-9.62%
Views
95
Current Estimated Value
$1,618,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,862
Avg. Annual Appreciation
4.96%
Original Mortgage
$980,000
Outstanding Balance
$943,089
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$675,773

Purchase Details

Closed on
Jul 12, 1995
Sold by
Clarke Donald M and Clarke Karen D
Bought by
Bobic Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Petty Matthew $1,400,000 Fidelity National Title
Bobic Robert A $252,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petty Matthew $980,000
Previous Owner Bobic Robert A $226,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $1,400,000 -9.6% $1,215 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $1,549,000 -- $1,345 / Sq Ft
Source: The MLS

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 $15,695 $1,456,560 $1,373,328 $83,232
2024 $15,695 $1,428,000 $1,346,400 $81,600
2023 $15,375 $1,400,000 $1,320,000 $80,000
2022 $4,645 $394,474 $320,910 $73,564
2021 $4,626 $386,740 $314,618 $72,122
2019 $4,560 $375,271 $305,287 $69,984
2018 $4,309 $367,913 $299,301 $68,612
2016 $4,095 $353,629 $287,680 $65,949
2015 $4,019 $348,318 $283,359 $64,959
2014 $3,822 $341,496 $277,809 $63,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-236647

The MLS

APN: 4187-031-006

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