Seller's Agent in 2023
Jonathan Weir
Marcus & Millichap
(310) 909-5500
2 in this area
73 Total Sales
Estimated Value: $2,900,000 - $3,549,292
We are pleased to present, as an exclusive advisor, 630 3rd St, a 4 unit in the highly desirable Hermosa Beach submarket. The property is west of PCH and seconds from the Green Belt. The building is estimated 4,930 sqft with massive units . Each unit is a 2b/2b townhome with two garages per unit. A new owner can benefit from a rare coastal market acquisition, newer construction relative to other properties in the area, a nice building that can be taken a "step further", and a low price per foot compared to other sales in the beach cities. Two units have been renovated, all new windows, electrical, plumbing, newer roof, railings, and more. The property is fully occupied and estimated 43% upside in rents.
Last Agent to Sell the Property
Marcus & Millichap License #02038545 Listed on: 03/01/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Juliet Kilo Llc | $3,325,000 | Old Republic Title | |
| Sunshine Coast Llc | $2,769,000 | Progressive Title | |
| Mckinley Iris L | -- | Commonwealth Title Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mckinley Iris L | $517,500 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2023 04/10/23 | Sold | $3,325,000 | -1.5% | $674 / Sq Ft | |
| 03/21/2023 03/21/23 | Pending | -- | -- | -- | |
| 03/01/2023 03/01/23 | For Sale | $3,375,000 | +21.9% | $685 / Sq Ft | |
| 03/29/2019 03/29/19 | Sold | $2,768,700 | -10.7% | $554 / Sq Ft | View Prior Sale |
| 03/08/2019 03/08/19 | Pending | -- | -- | -- | |
| 02/13/2019 02/13/19 | For Sale | $3,100,000 | -- | $620 / Sq Ft |
| 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 | $37,202 | $3,459,330 | $2,913,120 | $546,210 |
| 2024 | $37,202 | $3,391,500 | $2,856,000 | $535,500 |
| 2023 | $32,663 | $2,968,603 | $2,539,724 | $428,879 |
| 2022 | $32,079 | $2,910,396 | $2,489,926 | $420,470 |
| 2021 | $31,588 | $2,853,330 | $2,441,104 | $412,226 |
| 2019 | $11,802 | $987,670 | $644,130 | $343,540 |
| 2018 | $11,373 | $968,304 | $631,500 | $336,804 |
| 2016 | $10,787 | $930,705 | $606,979 | $323,726 |
| 2015 | $10,589 | $916,726 | $597,862 | $318,864 |
| 2014 | $10,145 | $898,769 | $586,151 | $312,618 |
Seller's Agent in 2023
Jonathan Weir
Marcus & Millichap
(310) 909-5500
2 in this area
73 Total Sales
F
Buyer's Agent in 2023
Fatima Jen
(310) 323-8458
2 in this area
13 Total Sales
G
Seller's Agent in 2019
Gary Stager
RE/MAX
(310) 993-1202
Buyer's Agent in 2019
Adam Barshay
Barshay Real Estate, Inc.
(310) 937-1501
1 in this area
5 Total Sales
Source: The MLS
MLS Number: 23-246495
APN: 4188-028-042
Ask me questions while you tour the home.