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1022 Monterey Boulevard

1022 Monterey Boulevard, Hermosa Beach, CA 90254
Property in Hermosa Beach
Sold Jun 17, 2015
$2,750,000
$1,900,000 by Bank Of Santa Clarita
Mortgage
Sold Apr 09, 1998
$20,000
1022 Monterey Boulevard in Hermosa Beach, CA was first built in 1972 and is 52 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 13 are bedrooms. In terms of bathrooms, there are a total of 11 full bathrooms. There are 11 partial bathrooms. 1022 Monterey Boulevard has 6,814 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,013 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1022 Monterey Boulevard sold most recently in Jun 15, 2015 for a total of $2,750,000. If you work out the math, that's approximately a cost of $403.58 per sqft. Before that, the property was also sold for $20,000 in Apr 7, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $35,003 in taxes each year. 1022 Monterey Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,176,741. If we break it down further, the land itself was valued at $2,021,563. Improvements to the property, however, were assessed at a total of $1,155,178. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 2
  • Bedroom Count: 13
  • Bathroom Count: 11
  • Full Bathrooms: 11
  • Partial Bathrooms: 11
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,013
  • Total Building Area: 6,814
  • Gross Building Area: 6,814
  • Building Area: 6,814
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 6,814
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: FIRST ADD TO HERMOSA BEACH LOT/SEC 3 BLK/DIV/TWN 56

Ownership

  • Current Owner : NOLA PROPERTIES INC
  • Previous Owner : HAZARD VICTOR
  • Previous Owner 2: ALBERT BENARDO FAMILY TRUST
  • Owner Before Previous Owner: BENARDO ALBERT
  • Owner Before Previous Owner 2: ALBERT BENARDO FAMILY TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hermosa Beach City Elementary School District
  • Census Tract: 621104

Zoning

  • Zoning: HBR3YY

Geography

  • Assessors Map Reference: 67-C1
  • Parcel: 4187-012-017
  • Block: 56
  • Lot: 3
  • Municipality: SOUTH /W. HERM BCH R I
  • Latitude: 33.8615
  • Longitude: -118.398

    Address

  • Full Address: 1022 Monterey Blvd
  • Address - House Number: 1022
  • Address - Street Name: Monterey
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C031
  • 4-Digit Zip Code: 3701
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,003
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 3,114,451
  • High Value: 3,477,157
  • Low Value: 2,751,744

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,900,000
  • First Open Lien Mortgage Lender: BANK OF SANTA CLARITA
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $1,900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,176,741
  • Assessed Land Value: $2,021,563
  • Assessed Improvements Value: $1,155,178

    Sales

  • Current Sale Contract Date: Jun 15, 2015
  • Current Sale Recording Date: Jun 17, 2015
  • Current Sale Transaction ID: 1214890802
  • Current Sale Price: $2,750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0713522
  • Previous Sale Recording Date: Apr 09, 1998
  • Previous Sale Contract Date: Apr 07, 1998
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Grant Deed

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Frequently Asked Questions

What neighborhood is 1022 Monterey Boulevard located in?
The 1022 Monterey Boulevard is a located in the neighborhood of Hermosa Beach in Hermosa Beach, Hermosa Beach.
What is the average sales price for listings in 1022 Monterey Boulevard?
The average sales price for units in 1022 Monterey Boulevard is $0 currently.

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