Seller's Agent in 2018
Christine Ballesteros
RE/MAX
(310) 766-6069
47 Total Sales
607 8th Place Hermosa Beach, CA 90254
Estimated Value: $2,074,000 - $3,474,000
3
Beds
2
Baths
1,568
Sq Ft
$1,605/Sq Ft
Est. Value
Highlights
- Laundry Room
- Back Yard
- 4-minute walk to Ardmore Park
- Hermosa Valley Elementary School Rated A
About This Home
As of February 20182 BEDROOM UNIT ON TOP WITH LARGE PATIO, PELLA WINDOWS, NEW PAINT & HARDWOOD FLOORS. LOWER 1 BEDROOM UNIT IS VERY NICE WITH A LARGE PRIVATE YARD. TWO ENTRANCES & TWO GARDEN WINDOWS.
PROPERTY HAS A NEW ROOF, COPPER PLUMBING, PLASTER WALLS AND RAISED FOUNDATION. VERY QUIET STREET WITH LESS THAN 20% THE TRAFFIC AS 8TH STREET. EACH UNIT HAS ITS OWN GARAGE. GOOD PARKING AVAILABILITY JUST 20 YARDS AWAY ON VALLEY & BACKS UP TO THE HERMOSA GREENBELT WHICH RUNS 3.5 MILES. GREAT PLACE TO WALK OR JOG & FANTASTIC FOR WALKING YOUR PETS. JUST A 10 MINUTE WALK TO THE OCEAN, BEAUTIFUL BEACHES & HERMOSA PIER!! GREAT UPSIDE INCOME POTENTIAL.
Last Agent to Sell the Property
Estate Properties License #01280270 Listed on: 01/11/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,580
Year Built
- Built in 1954
Lot Details
- 2,782 Sq Ft Lot
- No Common Walls
- Back Yard
Parking
- 2 Car Garage
Home Design
- 1,568 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Laundry in Kitchen
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 365
- Assessor Parcel Number 4187028023
Community Details
Building Details
- 1 Leased Unit
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $200
- Fuel Expense $300
- Insurance Expense $1,500
- Pest Control $400
- Trash Expense $1,000
- Water Sewer Expense $1,000
- New Taxes Expense $17,000
- Operating Expense $21,400
- Gross Income $5,500
- Net Operating Income $42,600
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 8, 2021
Sold by
Mb Elite Management Llc
Bought by
Hashemian Shahriar and Hashemian Atoosa Kati
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$500,120
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,638,774
Purchase Details
Closed on
May 4, 2021
Sold by
Hashemian Shahriar and Hashemian Atoosa Kati
Bought by
Mb Elite Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$500,120
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,638,774
Purchase Details
Closed on
Mar 17, 2021
Sold by
Hashemian Shahriar and Hashemian Atoosa Kati
Bought by
Mb Elite Management Llc
Purchase Details
Listed on
Jan 11, 2018
Closed on
Feb 20, 2018
Sold by
Kinsfather Richard A
Bought by
Hashemian Shahriar and Hashemian Atoosa Kati
Seller's Agent
Christine Ballesteros
Estate Properties
Buyer's Agent
Christine Ballesteros
Estate Properties
List Price
$1,475,000
Sold Price
$1,440,000
Premium/Discount to List
-$35,000
-2.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$576,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2015
Sold by
Kinsfather Richard A
Bought by
Kinsfather Richard A and Richard A Kinsfather Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hashemian Shahriar | -- | Wfg National Title | |
| Mb Elite Management Llc | -- | Accommodation | |
| Mb Elite Management Llc | -- | None Available | |
| Hashemian Shahriar | $1,440,000 | North American Title Company | |
| Kinsfather Richard A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hashemian Shahriar | $550,000 | |
| Previous Owner | Hashemian Shahriar | $576,000 | |
| Previous Owner | Kinsfather Richard A | $142,000 | |
| Previous Owner | Kinsfather Richard A | $100,000 | |
| Previous Owner | Kinsfather Richard A | $162,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2018 02/23/18 | Sold | $1,440,000 | -2.4% | $918 / Sq Ft |
| 01/21/2018 01/21/18 | Pending | -- | -- | -- |
| 01/11/2018 01/11/18 | For Sale | $1,475,000 | -- | $941 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,580 | $1,638,469 | $1,251,610 | $386,859 |
| 2024 | $17,580 | $1,606,343 | $1,227,069 | $379,274 |
| 2023 | $17,220 | $1,574,847 | $1,203,009 | $371,838 |
| 2022 | $16,912 | $1,543,969 | $1,179,421 | $364,548 |
| 2021 | $16,651 | $1,513,696 | $1,156,296 | $357,400 |
| 2020 | $16,556 | $1,498,176 | $1,144,440 | $353,736 |
| 2019 | $16,216 | $1,468,800 | $1,122,000 | $346,800 |
| 2018 | $2,806 | $216,201 | $133,792 | $82,409 |
| 2016 | $2,663 | $207,808 | $128,598 | $79,210 |
| 2015 | $2,616 | $204,688 | $126,667 | $78,021 |
| 2014 | $2,448 | $200,679 | $124,186 | $76,493 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Ballesteros
-
jim harrison
j
Seller Co-Listing Agent in 2018
jim harrison
RE/MAX
(310) 316-8464
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18008025
APN: 4187-028-023
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