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1002 5th Street

1002 5th Street, Hermosa Beach, CA 90254
Property in Hermosa Beach
Sold Dec 23, 2020
$2,000,000
- Private -
Buyer
- Private -
Seller
- Loan Balance Private -
By Citibank Na
Mortgage Due Jan 01, 2051
Sold Oct 19, 1998
$462,500
- Private -
Buyer
- Private -
Seller
1002 5th Street has been categorized by the local assessors in Hermosa Beach, CA as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1002 5th Street has 3,933 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 980 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 3,945 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 12, 2020 for $2,000,000. That's $508.52 per sqft. Prior to that sales transaction, the property was also sold in Aug 19, 1998 for $462,500. 1002 5th Street was last assessed in 2023. The total value of the property was assessed at $2,080,799. Specifically, the land the property is located on was valued at $1,441,994. While improvements on the property were assessed at a total of $638,805. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $22,214. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,945
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,933
  • Building Area: 3,933
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,933
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOPKINS SUB
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOPKINS SUB OF LOT 5 BLK 86 SECOND ADD TO HERMOSA BEACH LOT 1 AND SW 15 FT MEASURED ON NW LINE OF LOT/SEC 2

Ownership

  • Current Owner : - Private -
  • Current Owner 2: - Private -
  • Previous Owner : - Private -
  • Previous Owner 2: - Private -
  • Owner Before Previous Owner: - Private -
  • Is Owner Occupied: - Private -
  • Current Owner Is a Corporation Indicator: - Private -

Neighborhood

  • School District Name: Hermosa Beach City Elementary School District
  • Census Tract: 621102

Zoning

  • Zoning: HBR1YY

Geography

  • Assessors Map Reference: 67-D1
  • Parcel: 4186-020-019
  • Block: 86
  • Lot: 5,1
  • Municipality: SOUTH /W. HERM BCH SFR
  • Latitude: 33.8588
  • Longitude: -118.389

    Address

  • Full Address: 1002 5th St
  • Address - House Number: 1002
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 4813
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,214
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,383,799
  • High Value: 2,912,004
  • Low Value: 1,855,594

    Open Liens

  • Total Open Liens: - Private -
  • Total Open Liens Amount: - Private -
  • First Open Lien Mortgage Lender: - Private -
  • First Open Lien Mortgage Recording Date: - Private -
  • First Open Lien Mortgage Loan Amount: - Private -
  • First Open Lien Mortgage Term: - Private -
  • First Open Lien Mortgage Position: - Private -
  • First Open Lien Mortgage Loan Type: - Private -
  • First Open Lien Mortgage Loan Due Date: - Private -

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,080,799
  • Assessed Land Value: $1,441,994
  • Assessed Improvements Value: $638,805

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Transaction ID: 11808800649
  • Current Sale Price: $2,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1719568
  • Previous Sale Recording Date: Oct 19, 1998
  • Previous Sale Contract Date: Aug 19, 1998
  • Previous Sale Amount: $462,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: - Private -
  • First Mortgage Transaction Date: - Private -
  • First Mortgage Loan Amount: - Private -
  • First Mortgage Terms: - Private -
  • First Mortgage Loan Type: - Private -
  • First Mortgage Loan Due Date: - Private -

About Hermosa Beach



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Frequently Asked Questions

What neighborhood is 1002 5th Street located in?
The 1002 5th Street is a located in the neighborhood of Hermosa Beach in Hermosa Beach, Hermosa Beach.
What is the average sales price for listings in 1002 5th Street?
The average sales price for units in 1002 5th Street is $0 currently.

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