NOT LISTED FOR SALE

Estimated Value: $1,772,000 - $2,428,000

2 Beds
2 Baths
1,670 Sq Ft
$1,255/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2018

Last sale price $1,475,000 $883 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $12,757 / mo

33 Days on Market

Highlights

  • Ocean View
  • Double Pane Windows
  • Laundry Room
  • Hermosa View Elementary School Rated A
  • Living Room Balcony
  • 5-minute walk to Fort Lots of Fun Park

About This Home

As of June 2018

Here's a golden opportunity to own a great income property in Hermosa Beach that's been upgraded throughout and has awesome ocean views too! You can live upstairs and rent out the unit below, or rent both units, your choice. The upstairs unit offers 2 bed 1 bath with an open floor plan with killer views, recently remodeled with new center island, marble countertops, new cabinets with soft-close drawers, new flooring, recessed LED lighting, dual-pane windows and new forced-air furnace with Nest thermostat. The gorgeous bathroom features a claw-foot tub, separate shower and dual vanity with marble countertop. Downstairs there's a remodeled studio with Murphy bed, newer kitchen and 3/4 bathroom. There's a cool backyard to hang out with a new fence, patio, firepit, and new sod, and there's a laundry room onsite too. In addition there are 2 garages with dual charging outlets for electric vehicles, new ultra-quiet garage door openers with app controllers, plus driveway parking for 2-3 more cars. Lots of potential to build higher (up to 30ft) for even better views - check with city, this is a gem!

Last Agent to Sell the Property

Rick Wilkinson

Redfin Corporation License #01427456 Listed on: 04/26/2018

Last Buyer's Agent

Ken Adam

Strand Hill Properties License #00910321

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 2,394 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Fence is in excellent condition
  • Back Yard

Parking

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

Property Views

  • Ocean
  • Catalina
  • Panoramic

Interior Spaces

  • 1,670 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Living Room Balcony
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • 220 Volts in Garage

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 4340
  • Assessor Parcel Number 4186012015

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $17,800
  • Operating Expense $20,280
  • Gross Income $64,800
  • Net Operating Income $64,800

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1949 | Remodeled

Lot Details

2,394 Sq Ft Lot

Parking

2

Listing Details

  • Inclusions: All appliances - washer, dryer, fridge
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: HBR2YY
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 4186012015
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Living Room Balcony
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 883.23
  • Window Features: Double Pane Windows

Exterior Features

  • View: Catalina, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Excellent Condition, Vinyl
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2394.00

Multi Family

  • Gross Income: 64800.00
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 64800.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 20280.00

Tax Info

  • New Taxes Expense: 17800.00
  • Tax Census Tract: 6211.02
  • Tax Lot: 9
  • Tax Tract Number: 4340

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
Apr 26, 2018
Closed on
Jun 8, 2018
Sold by
White Jennifer Anne Chiego
Bought by
Seller's Agent
Rick Wilkinson
Redfin Corporation
Buyer's Agent
Ken Adam
Strand Hill Properties
List Price
$1,490,000
Sold Price
$1,475,000
Premium/Discount to List
-$15,000
-1.01%
Current Estimated Value
$2,032,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,443
Avg. Annual Appreciation
4.36%
Original Mortgage
$860,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2013
Closed on
May 23, 2013
Sold by
White Daniel R
Bought by
White Jennifer Ann Chiego
Seller's Agent
Sandi Pfister
Sandi Pfister Real Estate
Buyer's Agent
Sandi Pfister
Sandi Pfister Real Estate
List Price
$785,000
Sold Price
$809,325
Premium/Discount to List
$24,325
3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
Original Mortgage
$647,460
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2013
Closed on
May 22, 2013
Sold by
Moore Roger F and Moore Christine C
Bought by
White Jennifer Anne Chiego
Seller's Agent
Sandi Pfister
Sandi Pfister Real Estate
Buyer's Agent
Sandi Pfister
Sandi Pfister Real Estate
List Price
$785,000
Sold Price
$809,325
Premium/Discount to List
$24,325
3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,460
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2002
Sold by
Moore Roger F and Moore Christine C
Bought by
Moore Roger F and Moore Christine C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hermosa Beach, CA

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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
$1,475,000 Usa National Title Company
White Jennifer Ann Chiego -- Usa National Title Company
White Jennifer Anne Chiego $809,500 Usa National Title Company
Moore Roger F -- --
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 $835,000
Closed Young Mark W $860,000
Previous Owner White Jennifer Anne Chiego $916,000
Previous Owner White Jennifer Anne Chiego $627,760
Previous Owner White Jennifer A $59,300
Previous Owner White Jennifer Anne Chiego $647,460
Previous Owner Moore Roger F $100,000
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
06/15/2018 06/15/18 Sold $1,475,000 -1.0% $883 / Sq Ft
04/17/2018 04/17/18 For Sale $1,490,000 -- $892 / 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
2026 $18,510 $1,711,858 $1,653,832 $58,026
2025 $18,510 $1,678,293 $1,621,404 $56,889
2024 $17,984 $1,645,386 $1,589,612 $55,774
2023 $17,616 $1,613,125 $1,558,444 $54,681
2022 $17,300 $1,581,496 $1,527,887 $53,609
2021 $17,030 $1,550,487 $1,497,929 $52,558
2019 $16,585 $1,504,500 $1,453,500 $51,000
2018 $9,744 $875,545 $604,981 $270,564
2016 $9,265 $841,548 $581,490 $260,058
2015 $9,090 $828,908 $572,756 $256,152
2014 $8,789 $812,672 $561,537 $251,135
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18093147

California Regional Multiple Listing Service (CRMLS)

APN: 4186-012-015

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