Seller's Agent in 2018
Robert Freedman
DOMO Real Estate
(310) 995-2412
16 in this area
76 Total Sales
64 15th Ct Hermosa Beach, CA 90254
Estimated Value: $2,385,000 - $3,360,000
3
Beds
2
Baths
1,441
Sq Ft
$1,939/Sq Ft
Est. Value
Highlights
- Property is near a park
- Spanish Architecture
- Breakfast Area or Nook
- Hermosa Valley Elementary School Rated A
- No HOA
- 1-minute walk to Noble Park
About This Home
As of November 2018NOT JUST AN AMAZING LOCATION!!! Located adjacent to Grandview Inn and catty-cornered to Beachhouse less than a half block to the famous Hermosa Strand, this vintage duplex on a 30 X 95 (2,850 SF) beach lot has all kinds of possibilities. It can be used as a second home as a legal non-conforming duplex and the rents shown in the analysis reflect that. Or, it can be used as a legal non-conforming structure with a conforming use by renting it on a daily or weekly basis (for which it is zoned and for which the current owner uses it). This property makes a terrific land bank in an area of the downtown Hermosa Beach commercial zone that continues to undergo a transformation that will keep it at the forefront of southern California Beach communities - I mean it is already often referred to as one of the most beautiful beaches in the Southern California. There is an abundance of on-site parking, including a single car garage accessed off 15th Crt and 6-9 spaces accessed off 14th street.
Last Agent to Sell the Property
DOMO Real Estate License #00711607 Listed on: 04/26/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,726
Year Built
- Built in 1932
Lot Details
- 2,850 Sq Ft Lot
- Lot Dimensions are 30 x 95
- No Common Walls
- Level Lot
Parking
- 1 Car Attached Garage
- 6 Open Parking Spaces
Home Design
- Duplex
- Spanish Architecture
- Stucco
Interior Spaces
- 1,441 Sq Ft Home
- Wood Burning Fireplace
- Living Room with Fireplace
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Tile Countertops
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Outdoor Features
- Exterior Lighting
Location
- Property is near a park
- Property is near public transit
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Standard Electricity
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 4340
- Assessor Parcel Number 4183004021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 24, 2024
Sold by
Silver Benjamin W and Silver Kimie J
Bought by
Silver Family Trust and Silver
Current Estimated Value
Purchase Details
Listed on
Apr 26, 2018
Closed on
Oct 17, 2018
Sold by
Manhattan System Llc
Bought by
Silver Benjamin and Silver Kimie
Seller's Agent
Robert Freedman
DOMO Real Estate
Buyer's Agent
Robert Freedman
DOMO Real Estate
List Price
$2,295,000
Sold Price
$1,825,000
Premium/Discount to List
-$470,000
-20.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$1,186,250
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2017
Sold by
Chiu Leon A
Bought by
Manhattan Systems Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 7, 1994
Sold by
Chiu Leon A and Chiu Leif F
Bought by
Chiu Leon A
Purchase Details
Closed on
Dec 6, 1994
Sold by
Chiu Leon A and Chiu Leif F
Bought by
Chiu Leon A
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Silver Family Trust | -- | None Listed On Document | |
| Silver Benjamin W | -- | None Listed On Document | |
| Silver Benjamin | $1,825,000 | Lawyers Title Company | |
| Manhattan Systems Llc | $2,000,000 | Usa National Title Company | |
| Chiu Leon A | -- | -- | |
| Chiu Leon A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Silver Benjamin | $1,136,000 | |
| Previous Owner | Silver Benjamin | $1,170,000 | |
| Previous Owner | Silver Benjamin | $1,186,250 | |
| Previous Owner | Manhattan Systems Llc | $2,122,000 | |
| Previous Owner | Manhattan Systems Llc | $600,000 | |
| Previous Owner | Manhattan Systems Llc | $1,400,000 | |
| Previous Owner | Chiu Leon A | $300,000 | |
| Previous Owner | Chiu Leon A | $406,000 | |
| Previous Owner | Chiu Leon A | $150,000 | |
| Previous Owner | Chiu Leon A | $322,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2018 11/27/18 | Sold | $1,825,000 | -8.7% | $1,266 / Sq Ft |
| 09/02/2018 09/02/18 | Price Changed | $1,999,000 | -12.9% | $1,387 / Sq Ft |
| 04/26/2018 04/26/18 | For Sale | $2,295,000 | -- | $1,593 / 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 | $21,726 | $2,035,818 | $1,980,044 | $55,774 |
| 2024 | $21,726 | $1,995,901 | $1,941,220 | $54,681 |
| 2023 | $21,279 | $1,956,766 | $1,903,157 | $53,609 |
| 2022 | $20,898 | $1,918,399 | $1,865,841 | $52,558 |
| 2021 | $20,560 | $1,880,784 | $1,829,256 | $51,528 |
| 2019 | $20,021 | $1,825,000 | $1,775,000 | $50,000 |
| 2018 | $24,188 | $2,250,000 | $2,200,000 | $50,000 |
| 2016 | $4,749 | $408,632 | $283,777 | $124,855 |
| 2015 | $4,661 | $402,495 | $279,515 | $122,980 |
| 2014 | $4,452 | $394,611 | $274,040 | $120,571 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Freedman
-
Greg Geilman
Seller Co-Listing Agent in 2018
Greg Geilman
DOMO Real Estate
(310) 929-6495
34 in this area
317 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18098187
APN: 4183-004-021
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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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