Seller's Agent in 2022
Norio Kanai
Cosmo Investment
(562) 548-7972
2 in this area
7 Total Sales
621 1st St Hermosa Beach, CA 90254
6
Beds
5
Baths
2,800
Sq Ft
4,569
Sq Ft Lot
Highlights
- Lawn
- Hermosa View Elementary School Rated A
- 5-minute walk to Bi-Centennial Park
About This Home
As of May 2022Situated west of PCH in beautiful Hermosa Beach. This large duplex would make a perfect owner-user investment or development opportunity! The front unit is a bright townhome style 3 bedroom 2.5 bath unit with a private patio and a deck off the master bedroom suite, complete with walk-in closet. This unit also features a wet bar, a dining room, tile entry, and hardwood flooring. There is a 2 car garage plus additional visitor parking. The rear unit has 3 bedrooms and 2 full baths, with a deck off the living room and a sitting area for entertaining. This unit includes a 2 car carport and 2 additional parking spaces and a shared laundry room. Conveniently located near both Redondo Beach and Hermosa Beach piers, and a very short distance to shops and restaurants.
Last Agent to Sell the Property
Lyon Stahl Investment Real Est License #01399621 Listed on: 09/21/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,266
Year Built
- Built in 1975
Lot Details
- 4,569 Sq Ft Lot
- Two or More Common Walls
- Lawn
Parking
- 2 Car Garage
- 2 Carport Spaces
Home Design
- 2,800 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tax Lot 135
- Tax Tract Number 4340
- Assessor Parcel Number 4188023023
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $429
- Fuel Expense $429
- Insurance Expense $1,014
- Trash Expense $816
- Water Sewer Expense $900
- New Taxes Expense $22,488
- Operating Expense $26,621
- Gross Income $82,800
- Net Operating Income $56,180
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2016
Closed on
Dec 15, 2016
Sold by
Sakamoto Kayoko
Bought by
Sakamoto Kenji
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Norio Kanai
Cosmo Investment
List Price
$1,799,000
Sold Price
$1,740,000
Premium/Discount to List
-$59,000
-3.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,255,046
Avg. Annual Appreciation
5.97%
Purchase Details
Listed on
Sep 21, 2016
Closed on
Dec 12, 2016
Sold by
Colvin Evelynn H and Colvin Revocable Trust
Bought by
Sakamoto Kenji
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Norio Kanai
Cosmo Investment
List Price
$1,799,000
Sold Price
$1,740,000
Premium/Discount to List
-$59,000
-3.28%
Purchase Details
Closed on
May 10, 2011
Sold by
Colvin Evelynn Howells and The 1998 Colvin Revocable Trus
Bought by
Colvin Evelynn H and The 1998 Colvin Revocable Trus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,100
Interest Rate
4.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 14, 1998
Sold by
Colvin Evelynn H
Bought by
Colvin Evelynn Howells and The 1998 Colvin Revocable Trus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.3%
Mortgage Type
Unknown
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $1,740,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $251,100 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $282,000 | Unknown | |
| Previous Owner | $289,500 | Unknown | |
| Previous Owner | $60,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $2,500,000 | 0.0% | $893 / Sq Ft |
| 03/23/2022 03/23/22 | For Sale | $2,500,000 | +43.7% | $893 / Sq Ft |
| 12/29/2016 12/29/16 | Sold | $1,740,000 | -0.5% | $621 / Sq Ft |
| 12/12/2016 12/12/16 | Pending | -- | -- | -- |
| 11/14/2016 11/14/16 | Price Changed | $1,749,000 | -2.8% | $625 / Sq Ft |
| 09/21/2016 09/21/16 | For Sale | $1,799,000 | -- | $643 / 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 | $28,266 | $2,653,019 | $2,440,778 | $212,241 |
| 2024 | $28,266 | $2,601,000 | $2,392,920 | $208,080 |
| 2023 | $27,684 | $2,550,000 | $2,346,000 | $204,000 |
| 2022 | $20,852 | $1,902,941 | $1,897,474 | $5,467 |
| 2021 | $20,506 | $1,865,629 | $1,860,269 | $5,360 |
| 2019 | $19,970 | $1,810,696 | $1,805,094 | $5,602 |
| 2018 | $19,281 | $1,775,200 | $1,769,700 | $5,500 |
| 2016 | $3,488 | $287,836 | $112,004 | $175,832 |
| 2015 | $3,425 | $283,513 | $110,322 | $173,191 |
| 2014 | $3,242 | $277,960 | $108,161 | $169,799 |
Source: Public Records
Agents Affiliated with this Home
-
Norio Kanai
-
Bill Ruane
Buyer's Agent in 2022
Bill Ruane
RE/MAX
(310) 877-2374
3 in this area
434 Total Sales
-
Woody Stahl
Seller's Agent in 2016
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
10 in this area
154 Total Sales
-
Brett Lyon
Seller Co-Listing Agent in 2016
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
11 in this area
144 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16707992
APN: 4188-023-023
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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