Seller's Agent in 2024
John Bathurst
Compass
(310) 594-5705
4 in this area
35 Total Sales
63 16th St Hermosa Beach, CA 90254
Estimated Value: $3,229,000 - $3,762,000
4
Beds
2
Baths
2,462
Sq Ft
$1,401/Sq Ft
Est. Value
Highlights
- Ocean View
- Craftsman Architecture
- No HOA
- Hermosa Valley Elementary School Rated A
- Wood Flooring
- 3-minute walk to Noble Park
About This Home
As of December 2024Seize this golden opportunity to own a slice of paradise on the highly coveted Hermosa Beach Walkstreets! Located on the north side of the prestigious 16th Street walkstreet, this property offers the ultimate in beachside living, where the ocean breeze, sun-drenched days, and the soothing sound of waves become your everyday reality. Imagine the thrill of designing and constructing your very own custom dream home, spanning an impressive 4,200 square feet, tailored to your unique vision and lifestyle. Picture expansive living spaces bathed in natural light, gourmet kitchens with top-of-the-line appliances, and luxurious outdoor areas for entertaining friends and family against a backdrop of stunning coastal views. This extraordinary home will not only be a reflection of your personal style but will also make your neighbors envious! Alternatively, you can move forward with city-approved architectural plans to create a stunning, modernized retreat on this premier lot. Whether you’re looking to enhance the charm of the existing 100-year-old Craftsman beach cottage or craft a modern masterpiece, the possibilities are truly endless. With plans already approved by both the City of Hermosa Beach and the Coastal Commission, you can transform this property into a dual-living space. In this scenario, the front home would feature 3 bedrooms, 3 baths, and just under 2,000 square feet of modernized living space—perfect for enjoying your dream beach lifestyle. The back unit, ideal for extra income or personal use, includes 1 bedroom, 1.5 baths, a galley kitchen, an inviting west-facing deck off the kitchen, and practical interior laundry and bike storage. Whether you choose to rent out the front home for an estimated $12,000/month while keeping the back unit as your weekend beach escape, or live in the front while earning an estimated $4,000/month from the back unit, this property offers flexibility and value that’s hard to match. Nestled in one of Hermosa Beach's most coveted A+ locations, this northside property balances peaceful mornings with vibrant evenings. The historic 16th Walkstreet fosters a tight-knit community, offering a lifestyle rich in friendly neighbors, beachside gatherings, and memorable moments. Don’t miss this exceptional opportunity to build or renovate in one of Hermosa Beach's most sought-after locations. The Hermosa Beach Walkstreets are calling—are you ready to answer? Architectural plans available upon request.
Last Agent to Sell the Property
Compass Brokerage Phone: 310.594.5705 License #01977487 Listed on: 08/01/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1914
Lot Details
- 2,851 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Ocean
- Neighborhood
Home Design
- Duplex
- Craftsman Architecture
- Split Level Home
- Entry on the 1st floor
Interior Spaces
- 2,462 Sq Ft Home
- 2-Story Property
- Living Room
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Outdoor Features
- Patio
- Exterior Lighting
Utilities
- No Heating
- Natural Gas Connected
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Legal Lot and Block 24 / 17
- Tax Tract Number 4340
- Assessor Parcel Number 4183006022
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Nov 20, 2024
Sold by
Tattu Timothy
Bought by
2017 Madden Family Trust and Madden
Seller's Agent
John Bathurst
Compass
Buyer's Agent
Matt Waxman
Ossia Real Estate
List Price
$3,995,000
Sold Price
$3,400,000
Premium/Discount to List
-$595,000
-14.89%
Views
36
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
$50,345
Avg. Annual Appreciation
1.16%
Purchase Details
Closed on
Jul 20, 1993
Sold by
Tattu Vincent and Tattu David
Bought by
Tattu Charles Vincent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.97%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2017 Madden Family Trust | $3,400,000 | Consumers Title Company | |
| 2017 Madden Family Trust | $3,400,000 | Consumers Title Company | |
| Tattu Charles Vincent | -- | Guardian Title | |
| Tattu David | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tattu Charles Vincent | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $3,400,000 | -14.9% | $1,381 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 11/13/2024 11/13/24 | For Sale | $3,995,000 | +17.5% | $1,623 / Sq Ft |
| 10/23/2024 10/23/24 | Off Market | $3,400,000 | -- | -- |
| 10/23/2024 10/23/24 | For Sale | $3,995,000 | +17.5% | $1,623 / Sq Ft |
| 10/19/2024 10/19/24 | Off Market | $3,400,000 | -- | -- |
| 09/05/2024 09/05/24 | Price Changed | $3,995,000 | -6.0% | $1,623 / Sq Ft |
| 08/01/2024 08/01/24 | For Sale | $4,250,000 | -- | $1,726 / 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 | $28,664 | $3,400,000 | $3,350,000 | $50,000 |
| 2024 | $28,664 | $2,640,708 | $2,599,448 | $41,260 |
| 2023 | $2,617 | $186,820 | $134,533 | $52,287 |
| 2022 | $2,567 | $183,158 | $131,896 | $51,262 |
| 2021 | $2,475 | $179,567 | $129,310 | $50,257 |
| 2020 | $2,461 | $178,067 | $127,985 | $50,082 |
| 2019 | $2,416 | $174,583 | $125,476 | $49,107 |
| 2018 | $2,311 | $171,167 | $123,016 | $48,151 |
| 2016 | $2,177 | $164,195 | $118,240 | $45,955 |
| 2015 | $2,071 | $161,729 | $116,464 | $45,265 |
| 2014 | $1,981 | $158,562 | $114,183 | $44,379 |
Source: Public Records
Agents Affiliated with this Home
-
John Bathurst
-
Matt Waxman
Buyer's Agent in 2024
Matt Waxman
Ossia Real Estate
(310) 896-8921
2 in this area
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24157900
APN: 4183-006-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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