NOT LISTED FOR SALE

Estimated Value: $6,063,000 - $7,178,000

5 Beds
4 Baths
3,045 Sq Ft
$2,151/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $3,900,000 $1,281 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $39,519/month

26 Days on Market

About This Home

As of October 2016

This unique triplex consists of a home on 6th Street plus a duplex with separate addresses on 7th Court. This property is located on an almost double (R3-zoned) corner lot/walk street in beautiful Hermosa Beach; situated between King Harbor and the Hermosa Beach Pier. There are loads of opportunities here. Live in the front house and rent out the duplex; build townhomes or a lovely single family home.

Last Agent to Sell the Property

Denise Anello

Beach City Brokers License #01910512 Listed on: 08/19/2016

Beach City Brokers

Last Buyer's Agent

Denise Anello

Beach City Brokers License #01910512 Listed on: 08/19/2016

Beach City Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,422

Year Built

  • Built in 1948

Lot Details

  • 5,146 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,045 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 7
  • Assessor Parcel Number 4187016032

Community Details

Overview

  • 2 Buildings

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,422

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 4187016032
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 1280.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Walkstreet
  • Lot Size Sq Ft: 5146.00
  • Price Per Lot Square Foot: 806.45
  • Lot Size Acres: 0.1180

Multi Family

  • Lot Size Area: 5146.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 29, 2016
Sold by
P A Partnership
Bought by
Mance Rosalee
Seller's Agent
Denise Anello
Beach City Brokers
Buyer's Agent
Denise Anello
Beach City Brokers
List Price
$4,150,000
Sold Price
$3,900,000
Premium/Discount to List
-$250,000
-6.02%
Current Estimated Value
$6,482,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,582,001
Avg. Annual Appreciation
6.03%

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 28, 2016
Sold by
Mance Rosalee
Bought by
Nguyen Bao Thai and Nguyen Ruth Esther
Seller's Agent
Denise Anello
Beach City Brokers
Buyer's Agent
Denise Anello
Beach City Brokers
List Price
$4,150,000
Sold Price
$3,900,000
Premium/Discount to List
-$250,000
-6.02%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Buono Tony
Bought by
Buono Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2006
Sold by
The Mance Family Partnership
Bought by
Fasoli Justina Marie and Buono Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.01%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 18, 2002
Sold by
The Mance Family Partnership
Bought by
The Mance Family Partnership

Purchase Details

Closed on
May 22, 2001
Sold by
Mance Michael
Bought by
Mance Mike A and Mance Rosalee

Purchase Details

Closed on
Oct 15, 1997
Sold by
Fasoli Justina and Mance James
Bought by
The Mance Family Partnership
Source: Public Records

Range of Values:

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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
Mance Rosalee -- None Available
Buono Catherine -- None Available
Nguyen Bao Thai $3,900,000 North American Title Company
P A Partnership -- None Available
Buono Catherine -- Fidelity National Title Co
Fasoli Justina Marie -- Chicago Title Insurance Co
Fasoli Justina Marie -- Chicago Title Insurance Co
The Mance Family Partnership -- --
Mance Mike A -- --
The Mance Family Partnership -- --
Fasoli Justina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romo Elizabeth $540,000
Previous Owner Buono Catherine $1,500,000
Previous Owner Fasoli Justina Marie $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $3,900,000 -6.0% $1,281 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/19/2016 08/19/16 Price Changed $4,150,000 0.0% $1,363 / Sq Ft
08/19/2016 08/19/16 For Sale $4,150,000 +6.4% $1,363 / Sq Ft
05/22/2016 05/22/16 Off Market $3,900,000 -- --
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 $61,422 $5,835,909 $4,526,283 $1,309,626
2024 $61,422 $5,721,481 $4,437,533 $1,283,948
2023 $60,140 $5,609,296 $4,350,523 $1,258,773
2022 $59,064 $5,499,311 $4,265,219 $1,234,092
2021 $58,000 $5,391,483 $4,181,588 $1,209,895
2020 $44,996 $4,138,711 $4,138,711 $0
2019 $44,062 $4,057,560 $4,057,560 $0
2018 $42,584 $3,978,000 $3,590,400 $387,600
2016 $3,555 $269,811 $185,756 $84,055
2015 $3,424 $265,759 $182,966 $82,793
2014 $3,250 $260,554 $179,382 $81,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16038472

California Regional Multiple Listing Service (CRMLS)

APN: 4187-016-032