NOT LISTED FOR SALE

962 1st St Unit E Hermosa Beach, CA 90254

Estimated Value: $1,514,000 - $1,661,000

2 Beds
4 Baths
1,531 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $1,275,000 $833 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,004/month

12 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Deck
  • Hermosa View Elementary School Rated A
  • 0.15 Acre Lot
  • Bonus Room

About This Home

As of April 2023

Fantastic opportunity with this 3 Level Townhome boasting Panoramic Ocean Views! This End Unit with no shared common walls besides a wall separating decks of 2 units, features direct access from 2 car attached garage with electric laundry hookup. Lower level space has been conveniently converted to a permitted Bonus room and half bath, use as office space, meditation room or a guest room. Second level, has both spacious bedrooms adorned with their own bathrooms. Main master bedroom has a full en-suite bathroom with soaking tub and dual vanity sinks. Upper level, is a grand open floor plan of living room, dining area and kitchen with vaulted ceilings and exposed beams and dramatic stone fireplace from floor to ceiling. The updated kitchen comes with stainless steel appliances, travertine flooring, granite counter tops, custom & well maintained beautiful solid wood cabinets. Main floor conveniently has a half bath as well. Main bedrooms and upper level have split unit HVAC systems. Electrical has been upgraded and ready for an EV charger to be installed. Here on the main floor is where the magic happens with Panoramic Ocean Views throughout the space and on the large "entertainment" ready Trex deck. Prime location close to all beach amenities of local entertainment, shopping, local eateries and of course the infamous "The Strand". Set back enough for privacy yet close to all the "Lifestyle" of the South Bay beaches has to offer.

Last Agent to Sell the Property

Mary Ann Garcia Berges

MyAgent Real Estate Group License #01162792 Listed on: 02/20/2023

Last Buyer's Agent

Curt Northrup

Compass License #01979833

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,202

Year Built

  • Built in 1976

Lot Details

  • 6,744 Sq Ft Lot
  • No Common Walls
  • End Unit

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • Ocean
  • Panoramic

Interior Spaces

  • 1,531 Sq Ft Home
  • 3-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Open to Family Room
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 31054
  • Assessor Parcel Number 4186031068

Community Details

Overview

  • 5 Units
  • Cariker Hermosa View Association, Phone Number (310) 218-3466

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,202

Year Built

Built in 1976

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: NBRP*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4186031068
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1531.00 Square Feet
  • Stories: 3
  • Common Walls: End Unit, No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 832.79
  • Room Type: Bonus Room, Kitchen, Living Room, Master Suite, Two Masters
  • Bathroom Features: Shower, Shower In Tub, Soaking Tub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Ocean, Panoramic
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Earthquake Insurance, Pet Rules
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Cariker Hermosa View
  • Phone: 3102183466
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Cariker Hermosa View

Schools

  • School District: Hermosa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6744.00
  • Lot Size Acres: 0.1548

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 6744.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 6211.02
  • Tax Lot: 1
  • Tax Tract Number: 31054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Mar 11, 2023
Sold by
Cates Family Trust
Bought by
Horangic Christopher R and Horangic Mallory L
Seller's Agent
Mary Ann Garcia Berges
MyAgent Real Estate Group
Buyer's Agent
Curt Northrup
Compass
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Views
24
Current Estimated Value
$1,575,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,742
Avg. Annual Appreciation
8.02%
Original Mortgage
$956,250
Outstanding Balance
$929,320
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$608,507

Purchase Details

Closed on
Jan 20, 2017
Sold by
Cates Charles C
Bought by
Cates Charles C and Cates Analyn

Purchase Details

Listed on
Aug 7, 2015
Closed on
Sep 1, 2015
Sold by
Moore Sharlene A
Bought by
Cates Charles C and Cates Analyn
Seller's Agent
Gary La Tourette
Vista Sotheby's International Realty
Buyer's Agent
Mary Ann Garcia Berges
MyAgent Real Estate Group
List Price
$820,000
Sold Price
$870,000
Premium/Discount to List
$50,000
6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$625,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Phelps Leland
Bought by
Moore Sharlene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2006
Sold by
Phelps Leland H
Bought by
Phelps Leland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.6%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 14, 2005
Sold by
Heinz Roger
Bought by
Phelps Leland H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2001
Sold by
Mcnulty James E and Mcnulty Suzanne N
Bought by
Heinz Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Horangic Christopher R $1,275,000 First American Title
Cates Charles C -- None Available
Cates Charles C $870,000 Progressive Title Company
Moore Sharlene A $610,000 Orange Coast Title
Phelps Leland -- Ticor Title
Phelps Leland H $795,000 Fidelity National Title Co
Heinz Roger $390,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horangic Christopher R $956,250
Previous Owner Cates Family Trust $375,000
Previous Owner Cates Charles $804,942
Previous Owner Cates Charles C $625,500
Previous Owner Moore Sharlene A $488,000
Previous Owner Phelps Leland $720,000
Previous Owner Phelps Leland H $636,000
Previous Owner Heinz Roger $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $1,275,000 -1.8% $833 / Sq Ft
02/20/2023 02/20/23 For Sale $1,299,000 +49.3% $848 / Sq Ft
10/07/2015 10/07/15 Sold $870,000 +6.1% $568 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $820,000 -- $536 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $14,202 $1,326,510 $1,061,208 $265,302
2024 $14,202 $1,300,500 $1,040,400 $260,100
2023 $11,005 $1,000,724 $791,926 $208,798
2022 $10,807 $981,103 $776,399 $204,704
2021 $10,634 $961,867 $761,176 $200,691
2019 $10,315 $933,340 $738,600 $194,740
2018 $9,872 $905,147 $724,118 $181,029
2016 $9,382 $870,000 $696,000 $174,000
2015 $6,855 $637,511 $209,020 $428,491
2014 $6,613 $625,024 $204,926 $420,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23028356

California Regional Multiple Listing Service (CRMLS)

APN: 4186-031-068