Mina Semenza
Ken Nakaoka Company
(424) 363-7040
14 Total Sales
1 in Hermosa Beach
$3,000,000 Price
821 Cypress Ave Hermosa Beach, CA 90254
Hermosa Beach AreaEstimated Value: $3,077,000 - $4,195,285
5
Beds
5
Baths
3,250
Sq Ft
$1,083/Sq Ft
Est. Value
Highlights
- Fishing
- Primary Bedroom Suite
- Open Floorplan
- Hermosa Valley Elementary School Rated A
- City Lights View
- 4-minute walk to Ardmore Park
About This Home
As of August 2020Hermosa Beach provides the essence of California beach living. Located within 4 blocks of the beach and Pier Avenue restaurants and shopping, this cul-de-sac property is within a block of famous Clark Field, and just a couple blocks to tennis/pickle ball courts, kid-friendly South Park and the greenbelt. The ideally situated property presents you with the opportunity for a high end investment property you can rent out or live in yourself. Current rents provide a beach property with an approximate 3.5% Cap Rate and pro-forma rents provide 3.8%. The generously sized units provide great interior space along with large decks wrapping around the property allowing the living area to flow freely to the outside. 821 Cypress includes an open floor plan with a fireplace, dining area, breakfast area, 3 bedrooms and 2.5 bathrooms, and a private loft adjoining a wind-sheltered private deck. 825 Cypress is a generously sized west facing 2 bedroom unit with 2 baths and an office (bonus room), two decks, and a private yard. The open floor plan has a top floor living room with fireplace, dining area, kitchen and attached deck with space for an outdoor dining table. This property demands high rents due to its location, condition and abundance of parking (4 car garage plus 5 additional spaces). These notices are the rules of entry per CA regulations: https://tinyurl.com/VistaSIRRulesofEntry
Last Agent to Sell the Property
Vista Sotheby’s International Realty License #01487977 Listed on: 06/19/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1988
Lot Details
- 3,010 Sq Ft Lot
- Lot Dimensions are 30x100
- 1 Common Wall
- Cul-De-Sac
- Level Lot
- Private Yard
Parking
- 4 Car Garage
- 4 Carport Spaces
- Parking Available
- Tandem Parking
Property Views
- City Lights
- Woods
- Neighborhood
Home Design
- Duplex
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 3,250 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Entrance Foyer
- Family Room with Fireplace
- Living Room with Attached Deck
- Home Office
- Bonus Room
- Storage
- Laminate Flooring
Kitchen
- Gas Oven
- Gas Cooktop
- Free-Standing Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- 5 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Living Room Balcony
- Property is near park
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 13
- Tax Tract Number 1677
- Assessor Parcel Number 4187014017
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Recreation
- Fishing
- Water Sports
- Hiking Trails
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,603
- Maintenance Expense $1,200
- Trash Expense $291
- Water Sewer Expense $1,224
- New Taxes Expense $29,149
- Operating Expense $33,467
- Gross Income $127,140
- Net Operating Income $93,673
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
Jun 19, 2020
Closed on
Jul 29, 2020
Sold by
Bought by
Seller's Agent
Steven Mullins
Vista Sotheby’s International Realty
Buyer's Agent
Rachel Scott
Vista Sotheby’s International Realty
List Price
$2,699,000
Sold Price
$2,575,000
Premium/Discount to List
-$124,000
-4.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$943,571
Avg. Annual Appreciation
5.35%
Original Mortgage
$2,000,000
Outstanding Balance
$1,737,467
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,781,104
Purchase Details
Closed on
Jul 10, 2017
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
$1,575,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 11, 2016
Sold by
Bought by
Purchase Details
Closed on
Mar 26, 2014
Sold by
Bought by
Purchase Details
Closed on
Jul 31, 2007
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
$1,039,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2007
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
$1,039,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2003
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
$800,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hermosa Beach, CA
-
Mina Semenza
-
L'mar Kojani
L'mar Kojani
Keller Williams Realty
(424) 345-1217
45 Total Sales
4 in Hermosa Beach
$2,100,000 Price Range
-
Paul Gusiff
Paul Gusiff
Westworld Realty Inc.
(669) 202-9633
104 Total Sales
1 in Hermosa Beach
$2,200,000 Price
-
Candice Carpenter
Candice Carpenter
Coastal Elite Properties
(424) 284-7552
19 Total Sales
2 in Hermosa Beach
$5.4M - $6M Price Range
-
Sandy Bruce
Sandy Bruce
Estate Properties
(424) 380-7740
78 Total Sales
3 in Hermosa Beach
$2.2M - $2.4M Price Range
-
Mary Ann Garcia Berges
Mary Ann Garcia Berges
MyAgent Real Estate Group
(424) 788-0855
52 Total Sales
1 in Hermosa Beach
$1,275,000 Price
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 |
|---|---|---|---|
| $2,575,000 | Usa National Title Co | ||
| $2,100,000 | Lawyers Title | ||
| -- | Lawyers Title | ||
| -- | Progressive Title | ||
| $1,550,015 | Progressive Title | ||
| -- | Progressive Title Company | ||
| -- | Progressive Title | ||
| $1,000,000 | Lawyers 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 | $143,316 | ||
| Open | $2,000,000 | ||
| Previous Owner | $1,575,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $450,000 | ||
| Previous Owner | $1,039,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $800,000 | ||
| Previous Owner | $455,000 |
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 |
|---|---|---|---|---|
| 08/06/2020 08/06/20 | Sold | $2,575,000 | -4.6% | $792 / Sq Ft |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- |
| 06/19/2020 06/19/20 | For Sale | $2,699,000 | -- | $830 / 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 | $30,558 | $2,787,260 | $2,543,714 | $243,546 |
| 2024 | $29,769 | $2,732,609 | $2,493,838 | $238,771 |
| 2023 | $29,154 | $2,679,030 | $2,444,940 | $234,090 |
| 2022 | $28,629 | $2,626,500 | $2,397,000 | $229,500 |
| 2021 | $28,024 | $2,575,000 | $2,350,000 | $225,000 |
| 2020 | $23,984 | $2,184,840 | $1,472,166 | $712,674 |
| 2019 | $23,490 | $2,142,000 | $1,443,300 | $698,700 |
| 2018 | $22,714 | $2,100,000 | $1,415,000 | $685,000 |
| 2016 | $17,285 | $1,605,077 | $1,108,021 | $497,056 |
| 2015 | $16,886 | $1,580,968 | $1,091,378 | $489,590 |
| 2014 | $12,677 | $1,181,479 | $697,073 | $484,406 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Mullins
Seller's Agent in 2020
Steven Mullins
Vista Sotheby’s International Realty
(310) 901-4687
68 Total Sales
-
Rachel Scott
Buyer's Agent in 2020
Rachel Scott
Vista Sotheby’s International Realty
(310) 266-4097
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20118249
APN: 4187-014-017
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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