122 1st Street

Hermosa Beach, CA 90254

$2,350,000
Last Sold Price
7
Beds
4
Baths
2,113 Sq. Ft.
$1,112 / Sq. Ft.
2,113
Sq. Ft.
$1,112
per Sq. Ft.

Description

Amazing investment opportunity to own income property just steps from the sand w/ true pride of ownership! 122 1st St is a Craftsman-style beach cottage legal duplex. This property has ocean views from almost every room in each unit- You can watch people playing volleyball & the waves crashing from your sun porches. The main house has 3 beds & 2 remodeled baths, plus your choice of 3 outdoor decks for lounging & entertaining. The 2nd unit has 2 beds & 1.5 remodeled baths. The master suite is sprawling...

Property Details for 122 1st Street

View
Ocean, See Remarks, Water, White Water
Parking Spaces Total
10
Private Pool
No
Cooling Type
None

Location

Listing Courtesy of Coldwell Banker Residential, Taya DiCarlo, DRE #01751317; Vista Sotheby's International Realty, Alicia Blackburn, DRE #01855156

Sold By Berkshire Hathaway HomeService, Suzanne Dyer, DRE #01054310

Property Details for 122 1st Street

StatusSold
MLS #SB16017991
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1993
Lot Size0.07 AC / 3,049 SF
CountyLos Angeles County

Listing Agent

Taya DiCarlo

Taya DiCarlo

Compass

taya.dicarlo@compass.com

P: 310.431.8251

DRE #01751317

Contact Agent(s)

Location

Listing Courtesy of Coldwell Banker Residential, Taya DiCarlo, DRE #01751317; Vista Sotheby's International Realty, Alicia Blackburn, DRE #01855156

Sold By Berkshire Hathaway HomeService, Suzanne Dyer, DRE #01054310

Building Information for 122 1st Street

Stories2Residences-Year Built1993Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$7,876 per month

30 year fixed, 2.95% Interest

Principal and Interest

$7,876

Property Taxes

HOA Dues

$0

Property Information for 122 1st Street

Property Features
    Interior Features
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, High Efficiency Water Heater, Microwave, Refrigerator
  • Common Walls: No Common Walls
  • Fireplace: Yes
  • Fireplace Features: Master Bedroom
  • Flooring Type: Stone, Wood
  • Heating Type: See Remarks
  • Interior Features: 2 Staircases, Bar, Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Open Floorplan, Tile Counters, Vacuum Central
  • Laundry: Yes
  • Laundry Features: In Closet, In Kitchen
  • Levels: Two
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 2.0
  • Room Type: Bonus Room, Entry, Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Walk-In Closet
  • Room Kitchen Features: Kitchen Island
  • View: Yes
    Exterior Features
  • Pool Features: None
  • Spa: No
  • Spa Features: None
  • Waterfront Features: Ocean Access
    Parking Info
  • Carport Spaces: 0
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Features: Covered, Garage, Private
    Green Info
  • Green Energy Efficient: HVAC
  • Walk Score: 76
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • Accessibility Features: None
  • Construction Materials: Wood Siding
  • Direction Faces: West
  • Entry Location: Ground Level With Steps
  • Property Attached YN: false
  • Parcel Number: 4188014042
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1993
  • Year Built Source: See Remarks
    Measurements / Dimensions
  • Building Area Total: 2113
  • Living Area: 2113
Community/Development / Location Info
    School/Location Info
  • Zip Code: 90254
  • Street Number Numeric: 122.0
  • Street Name: 1st
  • Street Suffix: Street
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: Take Hermosa Ave south. Turn left on to 1st Street.
  • Area: Hermosa Beach Sand (148)
    Association Information
  • Association: No
  • Community Features: Curbs, Sidewalks, Suburban
  • Association Fee: $.00
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Block: 41
  • Tax Lot: 8
  • Tax Tract Number: 6211
    Income Details
  • Cap Rate: 3.71
  • Gross Income: $0
  • Gross Scheduled Income: $116,400
  • Net Operating Income: $81,480
  • Other Income Description: CAP Rate & figures- PROFORMA
  • Vacancy Allowance: 2
    Expense Details
  • Electric Expense: $0
  • Insurance Expense: $0
  • New Taxes Expense: $0
  • Operating Expense: $32,592
  • Trash Expense: $0
  • Utilities: Cable Available, Sewer Available, Water Connected
  • Water Sewer Expense: $0
Unit Information
    Unit 1
  • Unit Type Actual Rent: $0
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Pro Forma: 4500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $0
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $2,800
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Area Units: Square Feet
  • Unit Type Pro Forma: 4000
  • Unit Type Units Total: 2
  • Unit Type Total Rent: $0
  • Unit Type Type: 2
    Multi-Unit Info
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number Of Units Leased: 2
  • Number With Carpet: 0
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Average 2 Bed Area: 1262
  • Average 3 Bed Area: 851
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Electric: Meter on Property
  • Lot Features: Corner Lot, Sprinklers Drip System, Utilities - Overhead
  • Lot Size Acres: .07
  • Lot Size Dimensions: 95 X 32
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3035
  • Lot Size Units: Square Feet
  • Sewer: Sewer Paid

Property History for 122 1st St

DateEvent & SourcePriceAppreciation
Feb 29, 2016

Sold (Public Record)

Public Record #566239386

$2,350,000
DateEvent & SourcePrice
02/29/2016

Sold (Public Record)

Public Record #566239386

$2,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 122 1st Street

Taxable ValueLand$2,489,593Additions$54,121Total$2,543,714
Tax Record2020$27,748 ($2,312 / month)
Home Facts
Total Finished SqFt2,113 SqFtAbove Grade Finished SqFt2,113 SqFtLot Size3,035 SqFtStyleDuplexYear Built1902ZoningHBR3YYCountyLOS ANGELESAPN4188014042

Schools near 122 1st Street


SchoolTypeGradesDistanceRating
Circle Of LovePrivateK0.8 mi
NR
Hope Chapel AcademyPrivateK-120.9 mi
NR
American Martyrs SchoolPrivateK-80.9 mi
NR
Hermosa Valley Elementary SchoolPublic4-81.0 mi
8

Circle Of Love

K, 0.8 mi, Private

NR

Hope Chapel Academy

K-12, 0.9 mi, Private

NR

American Martyrs School

K-8, 0.9 mi, Private

NR

Hermosa Valley Elementary School

4-8, 1.0 mi, Public

8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Coldwell Banker Residential, Taya DiCarlo, DRE #01751317; Vista Sotheby's International Realty, Alicia Blackburn, DRE #01855156

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.