NOT LISTED FOR SALE

Estimated Value: $1,911,000 - $2,222,000

3 Beds
2 Baths
1,045 Sq Ft
$1,974/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $1,675,000 $1,603 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,293/month

14 Days on Market

Highlights

  • Ocean View
  • Dual Staircase
  • 2 Car Attached Garage
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • Bathtub

About This Home

As of September 2023

Great opportunity to own a beach bungalow in the heart of South Hermosa Beach. Home has an expansive rooftop deck that boasts panoramic ocean views from the Palos Verdes Peninsula to the Malibu Bay. Entry level has a garage plus bedroom and bathroom. Second level has a kitchen and living room plus two bedrooms and one bathroom. Staircase from the second level leads you up to the roof top deck. This roof top deck is bigger than most newer built homes and you only have to walk up two flights of stairs instead of 4 full flights to access the deck. Home needs cosmetic upgrades but there is a TON of potential. INQUIRE ABOUT MATTERPORT VIRTUAL WALKTHROUGH.

Last Agent to Sell the Property

Vincenzo Altamura

S C Real Estate License #01901957 Listed on: 08/07/2023

Co-Listed By

John Altamura

S C Real Estate License #00935435

Last Buyer's Agent

Vincenzo Altamura

S C Real Estate License #01901957 Listed on: 08/07/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 1,134 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned HBR3YY

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Panoramic
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,045 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rooftop Access

Schools

  • Hermosa View Elementary School
  • Hermosa Valley Middle School
  • Mira Costa High School

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 21 / A
  • Tax Tract Number 860
  • Assessor Parcel Number 4187008040

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park
  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: HBR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4187008040
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1045.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1602.87
  • Room Type: Living Room
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Ocean, Panoramic
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Watersports, Street Lights

Schools

  • Elementary School: Hermosa View
  • High School: Mira Costa
  • Middle Or Junior School: Hermosa Valley
  • Elementary School #2: HERVIE
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1134.00
  • Lot Size Acres: 0.0260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1134.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 6211.04
  • Tax Lot: 21
  • Tax Tract Number: 860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Aug 24, 2023
Sold by
James E Kokalj Trust
Bought by
Wang Jia Y
Seller's Agent
Vincenzo Altamura
S C Real Estate
Buyer's Agent
Vincenzo Altamura
S C Real Estate
List Price
$1,590,000
Sold Price
$1,675,000
Premium/Discount to List
$85,000
5.35%
Views
58
Current Estimated Value
$2,062,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,620
Avg. Annual Appreciation
9.43%
Original Mortgage
$1,150,000
Outstanding Balance
$1,120,303
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$942,317

Purchase Details

Closed on
Aug 23, 2017
Sold by
Kokalj James E
Bought by
Kokalj James E and The James E Kokalj Trust
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
Wang Jia Y $1,675,000 Ticor Title Company Of Califor
Kokalj James E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jia Y $1,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $1,675,000 +5.3% $1,603 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $1,590,000 -5.1% $1,522 / Sq Ft
08/17/2023 08/17/23 Off Market $1,675,000 -- --
08/07/2023 08/07/23 For Sale $1,590,000 -- $1,522 / 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 $18,085 $1,708,500 $1,366,800 $341,700
2024 $18,085 $1,675,000 $1,340,000 $335,000
2023 $1,488 $114,014 $63,356 $50,658
2022 $1,460 $111,779 $62,114 $49,665
2021 $1,465 $109,589 $60,897 $48,692
2019 $1,429 $106,341 $59,092 $47,249
2018 $1,370 $104,257 $57,934 $46,323
2016 $1,295 $100,211 $55,686 $44,525
2015 $1,272 $98,707 $54,850 $43,857
2014 $1,146 $96,774 $53,776 $42,998
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23146502

California Regional Multiple Listing Service (CRMLS)

APN: 4187-008-040