See Home Value
$10,710,000 - $13,088,000
House - Off Market

2340 The Strand

Hermosa Beach, CA 90254
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
3615 Sqft
Sold Mar 12, 2021
$13,000,000
Sold Aug 12, 2003
$3,172,500
$2,030,000 by Washington Mutual Bank Fa
Mortgage Due Sep 01, 2033

About This Property

Welcome to Hermosa Beach Paradise where the Pacific Ocean is your backyard!  One of the few that comes with actual ownership of side yard, this well appointed 5 bed, 5 bath, 3600+ square foot home awaits you to call it home. This stunning Mediterranean home sits on an oversized corner lot in the most idyllic part of Hermosa Strand Section. 10 minute walk to either downtown Hermosa or Manhattan Pier for some signature fusion cuisine and enjoy the quaint local shops. Want to cook at home? Say no more! Custom appliances and outdoor kitchen adjacent to a sunken fire pit makes entertaining a dream while watching artist canvas sunsets or the fascinating blue tide!  Don't want to drive or sit in crowds?  Head down stairs to mix a margarita at the minibar and binge watch the latest Netflix from a floor to ceiling home theatre screen. Sellers have ongoing renovation plans inside and out including new colors, new appliances and new counters. Customize to your very own taste without the brand new construction hassles. Options are endless.

The manager has listed the unit size as 3615 square feet.
Unit Size
3,615Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$3,292
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007

Price History

Date / Event Date Event Price
Mar 9, 2024 No longer available -
No longer available
May 21, 2023 Price Decreased $11,899,000
↓ $700K (5.6%)
Price Decreased
May 28, 2022 Price Decreased $12,599,000
↓ $900K (6.7%)
Price Decreased
Apr 1, 2022 Listed $13,499,000
Listed
Aug 25, 2021 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,224
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 300
  • Total Building Area: 3,615
  • Building Area: 3,615
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,615
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERMOSA BEACH
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HERMOSA BEACH VAC ST ADJ ON NW AND LOT 7 BLK 24

Ownership

  • Current Owner : FORMOSA FAMILY LLC
  • Previous Owner : CHEN LINDA
  • Previous Owner 2: CHANCE PAUL
  • Owner Before Previous Owner: VIETS ANN ESTELLE
  • Owner Before Previous Owner 2: ELLIOTT ANN ESTELLE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hermosa Beach City Elementary School District
  • Census Tract: 621005

Zoning

  • Zoning: HBR1YY

Geography

  • Parcel: 4182-003-033
  • Block: 24
  • Lot: 7
  • Municipality: SOUTH /W. HERM BCH SFR
  • Latitude: 33.8705
  • Longitude: -118.405

    Address

  • Full Address: 2340 The Strand
  • Address - House Number: 2340
  • Address - Street Name: The Strand
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 2551
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $142,456
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2709
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 61
  • Final Value: 4,391,909
  • High Value: 5,581,867
  • Low Value: 3,201,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,525,199
  • Assessed Land Value: $11,741,954
  • Assessed Improvements Value: $1,783,245

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Mar 12, 2021
  • Current Sale Transaction ID: 11824341129
  • Current Sale Price: $13,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0403434
  • Previous Sale Recording Date: Aug 12, 2003
  • Previous Sale Contract Date: Jul 15, 2003
  • Previous Sale Amount: $3,172,500
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Aug 12, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,030,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Sep 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hermosa Beach


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 532 N. Francisca Ave. Unit #b, Redondo Beach, CA, 90277

$6,700 /mo

  • 4 Beds
  • 4 Baths
  • 2,600 ft²
532 N. Francisca Ave. Unit #B #532 N. Francisca Ave. Unit #B, Redondo Beach, CA, 90277 Listing by Manager


Frequently Asked Questions

When was property at 2340 The Strand built and last sold?
The property at 2340 The Strand was built in 2007 and last sold on Mar 9, 2021 for $13,000,000.
How much is this home worth?
The estimated value of the home located at 2340 The Strand is $12,017,990.
What are some comparable homes to 2340 The Strand?
There are currently no comparable homes to 2340 The Strand.

Quantcast