NOT LISTED FOR SALE

718 1st Place Hermosa Beach, CA 90254

Estimated Value: $2,043,827 - $2,612,000

4 Beds
4 Baths
2,390 Sq Ft
$947/Sq Ft Est. Value

Sale Details

Date Sold: May 22, 2015

Last sale price $1,450,000 $607 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $13,964 / mo

7 Days on Market

Highlights

  • Ocean View
  • Spa
  • Dual Staircase
  • Hermosa Valley Elementary School Rated A
  • Open Floorplan
  • 4-minute walk to Bi-Centennial Park

About This Home

As of May 2015

Imagine, quiet peaceful living in this gorgeous, updated home in Hermosa Beach. This town home is completely detached, private and walking distance to just about everything including the beach! Enjoy 2,390 sqft of living space with 4 bedrooms, 3 & 3/4 bathrooms, expansive living room, dining room, sitting room and kitchen. The moment you enter this home you are welcomed with a warm and inviting feel with lots of natural light and space to entertain and enjoy family. Throughout the home you will find hardwood wood floors, travertine in the entry way, custom window treatments, wine storage & central vac. All bedrooms are on the middle level just a few steps up from the entry way, all bedrooms are bright with hardwood floors and good size closets. Enter through double doors into the master suite that features, French doors, walk-in closet & a spa like ensuite bath. Relax in a jetted tub, large shower with bench seat, marble floors & counters & travertine/marble shower. Not only does this home have loads of open space on the main level for entertaining but you can also spoil yourself with sunsets and panoramic ocean views year round on a patio and a roof top deck. This house has it all, is close to everything and is move in ready. What are you waiting for?

Last Agent to Sell the Property

Ed Kaminsky

eXp Realty of California, Inc License #00958114 Listed on: 04/02/2015

eXp Realty of California, Inc

Last Buyer's Agent

Diana Turner

Vista Sotheby’s International Realty License #01442365

Vista Sotheby’s International Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2002

Lot Details

  • 1,812 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Front and Back Yard Sprinklers

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Attached Carport
  • Parking Available
  • Guest Parking

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic

Home Design

  • Traditional Architecture
  • Turnkey
  • Planned Development
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof
  • Copper Plumbing

Interior Spaces

  • 2,390 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Two Story Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Panel Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Alarm System

Kitchen

  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Living Room Balcony
  • Patio
  • Lanai
  • Exterior Lighting
  • Rooftop Access
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Vented Exhaust Fan
  • Central Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 4188023056

Community Details

Overview

  • Master Insurance
  • 7 Units
  • Maintained Community

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2002

Lot Details

1,812 Sq Ft Lot

HOA Fees

$225 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Security: Fire and Smoke Detection System, Security System, Wired for Alarm System
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4188023056
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2390.00
  • Interior Amenities: 2 Staircases, Balcony, Wired for Data, Copper Plumbing Full, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Wired for Sound, Two Story Ceilings, Unfurnished, Vacuum Central
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Gas, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 606.69
  • Room Type: All Bedrooms Up
  • Spa Features: Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Catalina, Coastline, Harbor, Ocean, Panoramic
  • Patio And Porch Features: Deck, Lanai, Roof Top
  • Pool Private: No
  • Roof: Rolled/Hot Mop, Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Direct Garage Access, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Upper Level, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Storm Drains

Lot Info

  • Lot Features: Level with Street, Planned Unit Development, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 1812.00
  • Lot Size Acres: 0.0420

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1812.0000 Square Feet
  • Number Of Units In Community: 7
  • Number Of Units Total: 7

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
Raynes Family Trust and Raynes Jesse
Bought by
Sabaray Holdings 718 Hermosa Llc
Current Estimated Value
$2,263,457

Purchase Details

Closed on
Feb 6, 2023
Sold by
Raynes Jesse and Raynes Nicole
Bought by
Raynes Family Trust

Purchase Details

Closed on
Oct 27, 2015
Sold by
Raynes Jesse and Raynes Nicole
Bought by
Raynes Jesse and Raynes Nicole

Purchase Details

Listed on
Apr 2, 2015
Closed on
Apr 27, 2015
Sold by
May Gary S and May Lisa C
Bought by
Sabatina Nicole and Raynes Jesse
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Diana Turner
Vista Sotheby’s International Realty
List Price
$1,375,000
Sold Price
$1,450,000
Premium/Discount to List
$75,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$1,160,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2005
Sold by
Brown Derek S and Brown Elizabeth A
Bought by
May Gary S and May Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Petrisko Robert A and Petrisko Ligaya S
Bought by
Brown Derek S and Brown Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2002
Sold by
Gto Hermosa 1
Bought by
Petrisko Robert A and Petrisko Ligaya S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,600
Interest Rate
6.12%

Purchase Details

Closed on
May 25, 2000
Sold by
Mchugh John W And Janet E Family Trust
Bought by
Gto Hermosa 1 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sabaray Holdings 718 Hermosa Llc -- None Listed On Document
Raynes Family Trust -- --
Raynes Jesse -- --
Raynes Jesse -- None Available
Sabatina Nicole $1,450,000 North American Title
May Gary S $1,235,000 California Title Company
Brown Derek S $806,000 Gateway Title Company
Petrisko Robert A $654,500 Chicago Title Co
Gto Hermosa 1 Llc $655,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabatina Nicole $1,160,000
Previous Owner May Gary S $890,000
Previous Owner Brown Derek S $644,000
Previous Owner Petrisko Robert A $523,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $1,450,000 +5.5% $607 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $1,375,000 -- $575 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,591 $1,742,673 $1,209,177 $533,496
2024 $18,591 $1,708,504 $1,185,468 $523,036
2023 $18,209 $1,675,005 $1,162,224 $512,781
2022 $17,882 $1,642,163 $1,139,436 $502,727
2021 $17,566 $1,609,965 $1,117,095 $492,870
2019 $17,104 $1,562,214 $1,083,962 $478,252
2018 $16,544 $1,531,583 $1,062,708 $468,875
2016 $15,726 $1,472,112 $1,021,443 $450,669
2015 $12,086 $1,135,000 $689,300 $445,700
2014 -- $1,050,000 $637,700 $412,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15069196

California Regional Multiple Listing Service (CRMLS)

APN: 4188-023-056

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