NOT LISTED FOR SALE

Estimated Value: $2,534,000 - $3,330,000

6 Beds
4 Baths
3,586 Sq Ft
$816/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2012

Last sale price $1,200,000 $335 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $18,209 / mo

365 Days on Market

Highlights

  • Gravity Heating System
  • Hermosa Valley Elementary School Rated A
  • 1-minute walk to Ardmore Park

About This Home

As of June 2012

Great opportunity for owner user/investor in desireable Hermosa Valley location. Trophy Building West of PCH. The building is in pristine condition. All solid tenants. Front unit has large balcony. Garage for each unit.

Last Agent to Sell the Property

Phillip Gilboy

The Real Estate Consultants License #00950880 Listed on: 06/22/2011

Last Buyer's Agent

Tony Nafissi

Berkshire Hathaway HomeServices California Properties License #01129463

Berkshire Hathaway HomeServices California Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,722

Parking

  • 4 Car Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • 3,586 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 4,722 Sq Ft Lot
  • Gravity Heating System

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 6211
  • Assessor Parcel Number 4188031006

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $540
  • Insurance Expense $2,500
  • Trash Expense $720
  • Water Sewer Expense $900
  • New Taxes Expense $6,000
  • Gross Income $5,450
  • Net Operating Income $53,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

4,722 Sq Ft Lot

Parking

4

Listing Details

  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 4188031006
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 334.63

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Gravity
  • Trash Expense: 720.00

Lot Info

  • Lot Size Sq Ft: 4722.00
  • Lot Size Acres: 0.1100

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 5450.00
  • Gross Scheduled Income: 65000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 4722.0000 Square Feet
  • Net Operating Income: 53400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 6
  • Tax Tract Number: 6211
  • Tax Year: 2009

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Bought by
Current Estimated Value
$2,924,609

Purchase Details

Closed on
Sep 13, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,121,794
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,202,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2016
Sold by
Bought by

Purchase Details

Listed on
Jun 22, 2011
Closed on
Jun 13, 2012
Sold by
Bought by
Seller's Agent
Phillip Gilboy
The Real Estate Consultants
Buyer's Agent
Tony Nafissi
Berkshire Hathaway HomeServices California Properties
List Price
$1,387,500
Sold Price
$1,200,000
Premium/Discount to List
-$187,500
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Dec 30, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hermosa Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Old Republic Title
-- None Available
$1,960,000 Ticor Title Company
-- None Available
$1,200,000 Priority Title
-- Priority Title
-- Fidelity National Title
-- Fidelity National Title
-- --
-- Investors Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,121,794
Previous Owner $1,200,000
Previous Owner $1,202,500
Previous Owner $685,000
Previous Owner $380,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $1,200,000 -13.5% $335 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
06/22/2011 06/22/11 For Sale $1,387,500 -- $387 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,610 $2,274,743 $2,216,717 $58,026
2024 $24,771 $2,230,141 $2,173,252 $56,889
2023 $30,282 $2,754,000 $2,550,000 $204,000
2022 $23,834 $2,143,544 $2,088,863 $54,681
2021 $22,985 $2,101,514 $2,047,905 $53,609
2020 $23,380 $2,079,967 $2,026,907 $53,060
2019 $22,905 $2,039,184 $1,987,164 $52,020
2018 $22,137 $1,999,200 $1,948,200 $51,000
2016 $14,297 $1,273,246 $1,061,039 $212,207
2015 $14,029 $1,254,122 $1,045,102 $209,020
2014 $13,512 $1,229,556 $1,024,630 $204,926
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S11080366

California Regional Multiple Listing Service (CRMLS)

APN: 4188-031-006

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