NOT LISTED FOR SALE

Estimated Value: $2,331,000 - $3,034,787

4 Beds
3 Baths
1,978 Sq Ft
$1,317/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2023

Last sale price $2,175,000 $1,100 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $16,227 / mo

161 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • Back and Front Yard
  • Hermosa View Elementary School Rated A
  • Wall Furnace
  • 1-Story Property

About This Home

As of May 2023

Excellent opportunity to own a Income Property in this great little Beach town. Close proximity to the beach and downtown Hermosa with its unique and trendy shops and fabulous restaurants. This custom designed duplex has lots of amenities and is perfectly designed for use of owner’s residence plus income. The duplex was completely rebuild in 2016 and has been immaculately maintained. The one level building sits on a 5037 ft lot. Both units feature a fabulous gourmet kitchen with natural stone counter tops and stainless steel appliances. A large island/breakfast bar is in the center of the open floor plan living space. The 2Bed/2Bath back unit has an enclosed patio with access to a spacious rooftop deck that’s perfect for viewing fabulous California Beach sunsets. The 2Bed/1Bath front unit has a fenced in front yard/patio. Each unit has indoor Laundry complete with washer & Dryer, wall AC and tank less water heathers. An outdoor shower is located in the driveway for a quick sand rinse off. Each unit has a attached one car garage plus ample parking in driveway. Walking distance to the Greenbelts walking path and award winning Hermosa Schools.
Also listed under Residential SB22248062

Last Agent to Sell the Property

YVONNE AMARILLAS

Strand Hill Properties License #01314554 Listed on: 11/22/2022

Last Buyer's Agent

Susan Boettner

Vista Sotheby’s International Realty License #00800398

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 5,037 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 131
  • Tax Tract Number 621
  • Assessor Parcel Number 4169029026
  • $662 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $1,141
  • Electric Expense $1,791
  • Fuel Expense $868
  • Insurance Expense $1,146
  • Other Expense $929
  • Trash Expense $193
  • Water Sewer Expense $760
  • Operating Expense $6,828
  • Gross Income $87,600
  • Net Operating Income $84,973

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

5,037 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 760.00
  • Zoning: HBR1YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4169029026
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 1099.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 193.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5037.00
  • Lot Size Acres: 0.1156
  • Latitude Manual: 33.87666100

Multi Family

  • Cable TV Expense: 1141.00
  • Electric Expense: 1791.00
  • Fuel Expense: 868.00
  • Gross Income: 87600.00
  • Gross Scheduled Income: 91800.00
  • Insurance Expense: 1146.00
  • Lot Size Area: 5037.0000 Square Feet
  • Net Operating Income: 84973.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 6827.00
  • Other Expense: 929.00
  • Other Expense Description: wifi
  • Rent Control: No
  • Total Expenses: 6828.00

Tax Info

  • Tax Census Tract: 6210.01
  • Tax Lot: 131
  • Tax Tract Number: 621...
  • TaxOtherAnnualAssessmentAmount: 662.00

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

Listed on
Nov 22, 2022
Closed on
May 10, 2023
Sold by
Bought by
Seller's Agent
YVONNE AMARILLAS
Strand Hill Properties
Buyer's Agent
Susan Boettner
Vista Sotheby’s International Realty
List Price
$2,499,000
Sold Price
$2,175,000
Premium/Discount to List
-$324,000
-12.97%
Views
245
Current Estimated Value
$2,605,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,697
Avg. Annual Appreciation
5.98%
Original Mortgage
$1,305,000
Interest Rate
0.0639%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2016
Closed on
Sep 29, 2016
Sold by
Bought by
Seller's Agent
Rob Depaoli
Compass
Buyer's Agent
YVONNE AMARILLAS
Strand Hill Properties
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Bought by

Purchase Details

Listed on
Jun 26, 2014
Closed on
Aug 2, 2014
Sold by
Bought by
Seller's Agent
Pamela Harlan
eXp Realty of California Inc
Buyer's Agent
Rob Depaoli
Compass
List Price
$1,099,000
Sold Price
$1,075,000
Premium/Discount to List
-$24,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Jul 30, 2013
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
$417,000
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2002
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
$440,000
Interest Rate
0.0521%

Purchase Details

Closed on
Dec 22, 2000
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 2000
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
$139,900
Interest Rate
0.0766%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 27, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$2,175,000 Consumers Title Company
$2,000,000 Lawyers Title
-- None Available
$1,075,000 Usa National Title Company
-- Lsi
$550,000 Lawyers Title Company
-- --
-- American Title
$331,000 Southland Title
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
Open $1,305,000
Previous Owner $417,000
Previous Owner $487,700
Previous Owner $440,000
Previous Owner $139,900
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 Prior Sale
05/31/2023 05/31/23 Sold $2,175,000 -5.4% $1,100 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/21/2023 04/21/23 Price Changed $2,299,000 -3.2% $1,162 / Sq Ft
02/13/2023 02/13/23 Price Changed $2,375,000 -5.0% $1,201 / Sq Ft
11/22/2022 11/22/22 For Sale $2,499,000 0.0% $1,263 / Sq Ft
11/18/2020 11/18/20 Rented $3,900 0.0% --
11/09/2020 11/09/20 Price Changed $3,900 -7.1% $4 / Sq Ft
10/03/2020 10/03/20 For Rent $4,200 0.0% --
09/12/2020 09/12/20 Off Market $4,200 -- --
09/09/2020 09/09/20 For Rent $4,200 0.0% --
08/05/2019 08/05/19 Rented $4,200 0.0% --
07/27/2019 07/27/19 For Rent $4,200 0.0% --
11/18/2016 11/18/16 Sold $2,000,000 0.0% $1,011 / Sq Ft View Prior Sale
11/18/2016 11/18/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $2,000,000 +86.0% $1,011 / Sq Ft
08/11/2014 08/11/14 Sold $1,075,000 -2.2% $633 / Sq Ft View Prior Sale
07/09/2014 07/09/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $1,099,000 -- $648 / 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 $24,856 $2,262,870 $2,106,810 $156,060
2024 $24,157 $2,218,500 $2,065,500 $153,000
2023 $24,254 $2,231,034 $1,974,467 $256,567
2022 $23,821 $2,187,289 $1,935,752 $251,537
2021 $23,423 $2,144,402 $1,897,797 $246,605
2019 $22,809 $2,080,800 $1,841,508 $239,292
2018 $22,018 $2,040,000 $1,805,400 $234,600
2016 $11,865 $1,091,393 $888,343 $203,050
2015 $11,639 $1,075,000 $875,000 $200,000
2014 -- $662,802 $485,657 $177,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22243933

California Regional Multiple Listing Service (CRMLS)

APN: 4169-029-026

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