NOT LISTED FOR SALE

632 Loma Dr Hermosa Beach, CA 90254

Estimated Value: $1,801,000 - $2,404,097

3 Beds
2 Baths
1,347 Sq Ft
$1,595/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $1,650,000 $1,225 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $13,069/month

12 Days on Market

Highlights

  • Peek-A-Boo Views
  • Wood Flooring
  • Laundry Room
  • Hermosa Valley Elementary School Rated A
  • Skylights
  • 4-minute walk to Ardmore Park

About This Home

As of January 2021

Excellent location! Excellent rental history! Unit 634: This upstairs 2 bedroom unit has a peek a boo ocean view from the living room and kitchen areas. Additionally, there is a large patio deck off one of the bedrooms that has extensive neighborhood and mountain views in the distance. These views can also be seen from the bedrooms. There is a 2nd floor porch located off the front living room. The unit has arched ceiling, wall heater, hardwood flooring and carpeted bedrooms. The kitchen is equipped with a stove/oven, bay window and skylight. The bathroom also has a skylight. Unit 632: This 1 bedroom unit has also has views of the neighborhood and patio from the family room area. The unit has hardwood flooring, wall heater and ceiling fans. The kitchen has a stove/oven. It's also equipped with a large, fenced patio area with an expansive sloped backyard area which provides a great deal of privacy. There is a shared 2 car garage with water and dryer hookups.

Last Agent to Sell the Property

Jon Grogan

Vista Sotheby’s International Realty License #01928013 Listed on: 11/30/2020

Vista Sotheby’s International Realty

Last Buyer's Agent

William Messori

William David Messori License #00985927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,087

Year Built

  • Built in 1955

Lot Details

  • 3,175 Sq Ft Lot
  • 1 Common Wall
  • Lot Sloped Down

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Peek-A-Boo
  • Mountain
  • Neighborhood

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1,347 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / H
  • Tax Tract Number 1686
  • Assessor Parcel Number 4187030017

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Maintenance Expense $1,280
  • Trash Expense $320
  • Water Sewer Expense $400
  • New Taxes Expense $15,500
  • Operating Expense $18,000
  • Gross Income $45,000
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,087

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 400.00
  • Zoning: HBR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4187030017
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 1224.94
  • Room Type: Family Room, Kitchen
  • Window Features: Skylight(s)

Exterior Features

  • View: Mountain(s), Neighborhood, Peek-A-Boo
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 320.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 3175.00
  • Lot Size Acres: 0.0729

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average2 Bed Area: 847 Square Feet
  • Gross Income: 45000.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 500.00
  • Lot Size Area: 3175.0000 Square Feet
  • Maintenance Expense: 1280.00
  • Net Operating Income: 34800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 18000.00
  • Rent Control: Yes
  • Total Actual Rent: 3750.00
  • Total Expenses: 18000.00

Tax Info

  • New Taxes Expense: 15500.00
  • Tax Block: H
  • Tax Census Tract: 6211.04
  • Tax Lot: 5
  • Tax Tract Number: 1686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Dec 16, 2020
Sold by
Woodward Michelle J
Bought by
Dunbar Benjamin
Seller's Agent
Jon Grogan
Vista Sotheby’s International Realty
Buyer's Agent
William Messori
William David Messori
List Price
$1,550,000
Sold Price
$1,650,000
Premium/Discount to List
$100,000
6.45%
Current Estimated Value
$2,096,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,407
Avg. Annual Appreciation
5.93%
Original Mortgage
$1,320,000
Outstanding Balance
$1,178,957
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$970,067

Purchase Details

Closed on
Jul 12, 2017
Sold by
Woodward Michelle J and The Ray F Swift Family Trust
Bought by
Woodward Michelle J

Purchase Details

Closed on
Nov 12, 2008
Sold by
Swift Ray F
Bought by
Swift Ray F and The Ray F Swift Family Trust

Purchase Details

Closed on
Apr 27, 2000
Sold by
Steiner Deborah L
Bought by
Swift Ray F

Purchase Details

Closed on
Apr 13, 2000
Sold by
Swift Frank C and Swift Betty M
Bought by
Swift Ray F and Steiner Deborah L

Purchase Details

Closed on
Mar 18, 1999
Sold by
Swift Frank C and Swift Betty M
Bought by
Swift Ray F and Steiner Deborah L

Purchase Details

Closed on
Nov 24, 1998
Sold by
Swift Frank C and Swift Betty M
Bought by
Swift Ray F and Steiner Deborah L

Purchase Details

Closed on
Apr 8, 1998
Sold by
Swift John C
Bought by
Swift John C and Swift Frank C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,475
Interest Rate
7.18%

Purchase Details

Closed on
Feb 6, 1997
Sold by
Swift Frank C and Swift Betty M
Bought by
Swift John C

Purchase Details

Closed on
Nov 18, 1994
Sold by
Frederick Bradley
Bought by
Swift Frank C and Swift Betty M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dunbar Benjamin $1,650,000 North American Title Company
Woodward Michelle J -- None Available
Swift Ray F -- None Available
Swift Ray F -- None Available
Swift Ray F -- --
Swift Ray F -- --
Swift Ray F -- --
Swift Ray F -- --
Swift John C -- First American Title Ins Co
Swift John C -- --
Swift Frank C $330,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunbar Benjamin $1,320,000
Previous Owner Swift John C $259,475
Previous Owner Swift Frank C $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $1,650,000 +6.5% $1,225 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $1,550,000 -- $1,151 / Sq Ft
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 $19,087 $1,786,011 $1,731,890 $54,121
2024 $19,087 $1,750,992 $1,697,932 $53,060
2023 $18,695 $1,716,660 $1,664,640 $52,020
2022 $18,360 $1,683,000 $1,632,000 $51,000
2021 $7,608 $664,254 $516,746 $147,508
2020 $7,566 $657,444 $511,448 $145,996
2019 $7,413 $644,554 $501,420 $143,134
2018 $7,165 $631,917 $491,589 $140,328
2016 $6,814 $607,380 $472,500 $134,880
2015 $6,686 $598,257 $465,403 $132,854
2014 $6,434 $586,539 $456,287 $130,252
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20246374

California Regional Multiple Listing Service (CRMLS)

APN: 4187-030-017