NOT LISTED FOR SALE

645 1st Place Hermosa Beach, CA 90254

Estimated Value: $2,407,000 - $2,767,000

3 Beds
2.5 Baths
2,160 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $2,450,000 $1,134 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,888/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Neighborhood Views
  • Hermosa View Elementary School Rated A
  • Living Room with Attached Deck
  • 3-minute walk to Bi-Centennial Park

About This Home

As of August 2023

Welcome to 645 1st Pl., Hermosa Beach—a stunning and recently renovated detached townhouse that exudes coastal elegance and contemporary charm. Perfectly situated just blocks away from the Hermosa Beach Pier and the soothing ocean waves, this spacious 3-bedroom, 3-bathroom gem offers a serene beachside lifestyle.
As you step inside, you'll be captivated by the tasteful updates and modern finishes found throughout its generous 2,160 square feet of living space. The first thing you'll notice is the beautiful new hardwood flooring, which adds warmth and character to every room. The open concept design seamlessly integrates the living, dining, and kitchen areas, creating an inviting space for entertaining and relaxation.
The focal point of the living area is a cozy fireplace, providing a perfect ambiance during cooler evenings or intimate gatherings. The newly renovated staircase showcases impeccable craftsmanship and adds a touch of sophistication to the home's overall aesthetic.
One of the highlights of this townhouse is its newly remodeled bathrooms. Every detail has been carefully considered, resulting in sleek and modern spaces that offer both style and functionality. You'll feel pampered in the luxurious master suite, which boasts an ensuite bathroom and ample closet space.
With three well-appointed bedrooms, everyone in the household will have their own personal retreat. The abundance of natural light pouring through the windows creates an airy and uplifting atmosphere throughout the entire home.
In addition to the desirable location, this townhouse offers convenience and comfort. With a detached layout, you'll enjoy the privacy and serenity of a single-family home, while still benefiting from the low-maintenance lifestyle of a townhouse. Parking is a breeze with the attached 4 car garage, providing ample space for your vehicles and storage needs.

Last Agent to Sell the Property

Daniel Assayag

Vista Sotheby’s International Realty License #01762501 Listed on: 07/21/2023

Last Buyer's Agent

Kyle Flynn

Pacific Mortgage Real Estate and Financing Company License #01921091

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,512

Year Built

  • Built in 1988

Lot Details

  • 4,613 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned HBR3YY

Parking

  • 4 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,160 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Living Room Balcony
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Utilities

  • Central Heating

Community Details

  • Property has a Home Owners Association
  • Master Insurance

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4340
  • Assessor Parcel Number 4188022043

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,512

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: HBR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4188022043
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2160.00 Square Feet
  • Interior Amenities: Living Room Balcony, Living Room Deck Attached
  • Stories: 3
  • Entry Location: Main
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1134.26
  • Room Type: Family Room, Kitchen, Laundry, Main Floor Bedroom, Master Suite
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4613.00
  • Lot Size Acres: 0.1059

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4613.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 6211.04
  • Tax Lot: 1
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 4, 2023
Sold by
David Margolin Family Trust
Bought by
Flynn Kyle
Seller's Agent
Daniel Assayag
Vista Sotheby’s International Realty
Buyer's Agent
Kyle Flynn
Pacific Mortgage Real Estate and Financing Company
List Price
$2,450,000
Sold Price
$2,450,000
Views
33
Current Estimated Value
$2,567,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,385
Avg. Annual Appreciation
1.63%
Original Mortgage
$1,960,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 17, 2022
Sold by
Cassandra Mayfield Living Trust
Bought by
David Margolin Family Trust
Seller's Agent
Nicholas Phillips
Compass
Buyer's Agent
Susan Jensen
Pacifica Properties Group, Inc.
List Price
$1,749,000
Sold Price
$2,026,000
Premium/Discount to List
$277,000
15.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%
Original Mortgage
$1,276,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2006
Sold by
Mayfield Cassandra
Bought by
The Cassandra Mayfield Living Trust

Purchase Details

Closed on
Feb 26, 2003
Sold by
Mayfield Cassandra
Bought by
Mayfield Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.93%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Flynn Kyle $2,450,000 Lawyers Title
David Margolin Family Trust $2,026,000 None Listed On Document
The Cassandra Mayfield Living Trust -- None Available
Mayfield Cassandra -- American Coast Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Kyle $1,960,000
Closed Flynn Kyle $1,960,000
Previous Owner David Margolin Family Trust $1,276,000
Previous Owner The Cassandra Mayfield Living Trust $250,000
Previous Owner Mayfield Cassandra $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $2,450,000 0.0% $1,134 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $2,450,000 +20.9% $1,134 / Sq Ft
04/05/2022 04/05/22 Sold $2,026,000 +15.8% $938 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $1,749,000 -- $810 / 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 $26,512 $2,499,000 $1,785,000 $714,000
2024 $26,512 $2,450,000 $1,750,000 $700,000
2023 $22,409 $2,066,520 $1,653,216 $413,304
2022 $8,710 $780,132 $572,109 $208,023
2021 $8,574 $764,837 $560,892 $203,945
2019 $8,351 $742,153 $544,256 $197,897
2018 $8,058 $727,602 $533,585 $194,017
2016 $7,649 $699,350 $512,866 $186,484
2015 $7,505 $688,846 $505,163 $183,683
2014 $7,253 $675,353 $495,268 $180,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23133181

California Regional Multiple Listing Service (CRMLS)

APN: 4188-022-043