NOT LISTED FOR SALE

Estimated Value: $3,162,000 - $4,101,000

5 Beds
4 Baths
3,800 Sq Ft
$934/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $2,500,000 $658 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $21,051/month

126 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Open Floorplan
  • Hermosa View Elementary School Rated A
  • Primary Bedroom Suite
  • Contemporary Architecture

About This Home

As of July 2020

This Large New Custom Built Estate Home, located in The Hermosa Hill Section is an Amazing, Stylish, Sophisticated Contemporary Masterpiece which provides Casual Elegance, as well as Seamless Entertaining on a Grand Scale. It is appointed with the Finest Materials and Finishes offering a California Coastal Lifestyle with Unmatched Design, Character and Clean Lines featuring a combination of Glass, Metal, Stone, Wood and Top Quality Appliances and Fixtures. The Residence has two levels with a Gigantic 600' Roof-Top Entertainment Deck surrounded with Glass Windbreak Paneling and Breathtaking 360 Degree Panoramic Palos Verdes to Malibu Ocean, Sunset and Hillside Views. You enter through Custom Metal Double Doors into the Spacious Entry with Soaring 18' High Ceilings which leads to the Great Room. This Main Open Concept Space has a Living Room, Dining Room, Entertainment Bar and a Spacious Gourmet Chef's Kitchen with 30' of Stone Counter Surfaces. The property is well located steps from Downtown Hermosa Beach, near Restaurants, Shopping, The Oceanfront, Jogging Trails and Entertainment for Active Adults. It is also in Proximity to several Shopping Malls, Movie Theaters, Freeways, the Airport and the Beach Bike Path which Runs for Many Miles reaching to over Seven Beach Cities and Two Marinas. Visit the Wonderful Home and you will see that This is a Special Opportunity at a Very Attractive Price. SQUARE FOOTAGE IS ESTIMATED, AND THE BUYER IS TO VERIFY ALL INFO.

Last Agent to Sell the Property

Jon Coleman

Beach City Brokers License #00808758 Listed on: 02/04/2020

Beach City Brokers

Last Buyer's Agent

John Crispo

Hit Home Realty License #01917048

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,053 Sq Ft Lot
  • Vinyl Fence
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Front Yard
  • Property is zoned HBC3*

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Double Door Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Open Patio
  • Exterior Lighting
  • Rooftop Access
  • Rain Gutters

Location

  • Property is near park and public transit

Utilities

  • Cooling Available
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 5650
  • Assessor Parcel Number 4186008023

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

4,053 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: HBC3*
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4186008023
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3800.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Breakfast Counter / Bar, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 657.89
  • Room Type: Bonus Room, Entry, Great Room, Kitchen, Laundry, Master Suite, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Patio And Porch Features: Patio Open, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Disposal, Refrigerator, Tankless Water Heater
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Yard
  • Lot Size Sq Ft: 4053.00
  • Lot Size Acres: 0.0930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4053.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6211.02
  • Tax Lot: 16
  • Tax Tract Number: 5650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Jun 12, 2020
Sold by
Fm Properties Inc
Bought by
Ahmed Ahsan and Bertrand Angela
Seller's Agent
Jon Coleman
Beach City Brokers
Buyer's Agent
John Crispo
Hit Home Realty
List Price
$2,599,000
Sold Price
$2,500,000
Premium/Discount to List
-$99,000
-3.81%
Current Estimated Value
$3,548,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,048,319
Avg. Annual Appreciation
6.36%
Original Mortgage
$2,000,000
Outstanding Balance
$1,769,509
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,778,810

Purchase Details

Closed on
Feb 7, 2018
Sold by
1160 Manhattan Beach Llc
Bought by
Fm Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,091,300
Interest Rate
3.99%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 8, 2017
Sold by
Levine William D
Bought by
1160 Mb Blvd Llc

Purchase Details

Closed on
Jan 19, 2017
Sold by
1160 Mb Blvd Llc
Bought by
Levine William D

Purchase Details

Closed on
Nov 29, 2016
Sold by
California Nuggett Inc
Bought by
1160 Mb Blvd Llc
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

Date Buyer Sale Price Title Company
Ahmed Ahsan $2,500,000 Provident Title Company
Fm Properties Inc $915,000 Provident Title Company
1160 Mb Blvd Llc -- None Available
Levine William D -- None Available
1160 Mb Blvd Llc $1,444,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Ahsan $2,000,000
Previous Owner Fm Properties Inc $1,091,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $2,500,000 -3.8% $658 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $2,599,000 -- $684 / 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 $28,629 $2,706,078 $1,407,161 $1,298,917
2024 $28,629 $2,653,019 $1,379,570 $1,273,449
2023 $28,036 $2,601,000 $1,352,520 $1,248,480
2022 $27,532 $2,550,000 $1,326,000 $1,224,000
2021 $27,108 $2,500,000 $1,300,000 $1,200,000
2020 $8,138 $728,280 $728,280 $0
2019 $7,972 $714,000 $714,000 $0
2018 $7,597 $700,000 $700,000 $0
2017 $7,689 $700,000 $700,000 $0
2016 $556 $31,038 $31,038 $0
2015 $549 $30,572 $30,572 $0
2014 $488 $29,974 $29,974 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20039449

California Regional Multiple Listing Service (CRMLS)

APN: 4186-008-023

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