2468 Silverstrand Ave
Hermosa Beach, CA 90254

Bd   Ba   1,900 Sqft   72 Days
$100k price reduction on 8/14/17. THIS PROPERTY IS AVAILABLE!! NORTH HERMOSA...locals know this to be the best beach in the SouthBay. BEST FULL-LOT INCOME PROPERTY VALUE IN THE MANHATTAN OR HERMOSA SAND SECTIONS!! And Hermosa is internationally known, having been named as one of the best beach towns in the USA in the past. Nestled in a rapidly developing enclave a few minute walk to the pristine sand is this prominent triplex on a unique corner lot. Current income is $80,400/year and may be simply a good hold. But, it is also a great site for the exquisitely planned (by a popular local architect) ocean-view home jutting toward Malibu and the Santa Monica Mountains. Current building has two 1-bedroom units below with a 2-bedroom plus office/exercise area above with ocean view. Each unit has a private yard and a single car garage space with additional off-street parking. One of the lower units has enjoyed a kitchen remodel...the top 2-bedroom unit has a newer kitchen and bath. Laundry facilities with washer and dryer are on the property for all tenants to use. Square footage is taped and is different that that n the tax records. Recent rent analysis indicates market rents for the 1-bedrooms units is approx. $2,200 per month. City records show 3-units. It appears all square footage is permitted. Buyer to verify all information that, though believed to be true, is not guaranteed. SEE AGENT REMARKS
  • $0 HOA
  • $1,145/Sqft
  • MLS#SB17162184 provided by John Garland of John Garland Real Estate
  • Movoto last checked CRMLS for new data 5 hours ago
  • CRMLS last updated this listing 1 month ago

Home Features for 2468 Silverstrand Avenue, Hermosa Beach

Year Built: 1929
Property SubType: Triplex
Lot Size Acres: 0.05
Lot Size Square Feet: 2536
Lot Size Units: Square Feet
Lot Size Area: 2536
Price Per Square Foot: 1144.74
Tax Lot: 22
Tax Tract Number: 113
New Taxes Expense: 28438
Parcel Number: 4182015022
Tax Census Tract: 6210.04
Special Listing Conditions: Standard
Standard Status: Active Under Contract
Interior
Average 2nd Bedroom Area: 950
Average 1st Bedroom Area: 475
Exterior
Levels: Two
Common Walls: 2+ Common Walls
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Average Studio Area Units: Square Feet
Number Of Buildings: 1
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 1900
Parking Total: 3
Garage Spaces: 3
Number Of Units Total: 3
Property Attached Y/N: 1
Amenities / Utilities
Sewer: Sewer Paid
Trash Expense: 600
Water Sewer Expense: 1200
Electric Expense: 1200
Community Features: Curbs, Gutters, Sidewalks, Street Lighting
Pool Features: None
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Property History for 2468 Silverstrand Avenue, Hermosa Beach

Status
Date
Price
Active
(Under Contract)
Aug 25, 2017
Price Change
Aug 14, 2017
$2,175,000
Listed
Jul 28, 2017
Active
(Under Contract)
Jul 16, 2017
Listed
Jul 16, 2017
$2,275,000
#SB17162184
Sold
Oct 13, 2016
$1,975,000
#SB16070452
Sold
Oct 13, 2016
$1,975,000
#SB16070426
Sold
Oct 13, 2016
$1,975,000
#SB16070426
Pending
Aug 18, 2016
#SB16070452
Pending
Aug 18, 2016
Listed
Jun 23, 2016
Pending Sale
Jun 20, 2016
Price Change
Jun 2, 2016
$1,999,000
Price Change
Apr 21, 2016
$2,100,000
#SB16070426
Listed
Apr 5, 2016
$1,999,000
#SB16070452
Listed
Apr 5, 2016
$1,999,000
#SB16070426
Listed
Apr 5, 2016
$2,199,000
#SB16070426
Canceled
Apr 4, 2016
Price Change
Mar 29, 2016
$2,199,000
Price Change
Feb 16, 2016
$2,250,000
Listed
Jan 18, 2016
$2,350,000
#SB16011611

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Real Estate Market Statistics for 2468 Silverstrand Avenue, Hermosa Beach

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2468 Silverstrand Avenue

No data!
Hermosa Beach
Hermosa Beach
90254
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2.17M

2468 Silverstrand Avenue

$2.5M

Hermosa Beach

0% y/y

Hermosa Beach

$2.51M

90254

0% y/y

90254

$2.51M

Hermosa Beach

0% y/y

Hermosa Beach

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Public Record for 2468 Silverstrand Avenue, Hermosa Beach

4 Beds
3 Baths
1,504 Sqft Building Area
Duplex (2 units, any combination)
2,589 Sqft Lot Size
1929 Year Built
$1,362,500 Last Sale Price
05/14/2004 Last Sale Date
As of today, , there are 50 properties listed for sale in ZIP code 90254 and 50 properties listed for sale in the city of Hermosa Beach, CA. Of those 50 properties, there are 35 single family houses and 15 condos. The current list price for 2468 Silverstrand Ave is $2,175,000, which is 13% below the median price of $2,512,500 for Hermosa Beach and 13% below the median of $2,512,500 for 90254. 2468 Silverstrand Ave is approximately 1,900 square feet, which is 22% below the median size in Hermosa Beach of 2,436 Sqft and 22% below the median size in 90254 of 2,436 Sqft. This property's price per square foot is $1,145, which is 2% below the median in 90254 of $1,171 and 2% below the Hermosa Beach median of $1,171.
Built in 1929, this multi family house at 2468 Silverstrand Ave is approximately 1,900 square feet and comes with 3 parking spots. It is listed on 07/16/2017 with a cost per Sqft of $1,145. 2468 Silverstrand Ave is located in the Hermosa Beach neighborhood in the Hermosa Beach City Elementary. The closest school is Hermosa Valley Elementary School.

2468 Silverstrand Ave has been on the market for 72 days. The median days on the market for properties in this area is 77 with a median list price of $2,512,500 and median cost per square foot of $1,171. It's currently listed as pending under the MLS #SB17162184.

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