See Home Value
$2,515,000
● House - Off Market

2534 Palm Drive

Hermosa Beach, CA 90254
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,752 Ft²
$3,344,040
RealtyHop Estimate
31.19%
Since Jan 1, 2021
CA-Los Angeles
Primary Model

About This Property

This gorgeously remodeled Tuscan-style home was taken down to the studs in 2006 and lovingly rebuilt with the finest of appointments. Take in the coastal breezes & the ocean views from the kitchen, dining & living rooms, or relax on the approx 500 sq ft rooftop deck with mesmerizing, panoramic ocean & city views that include the Manhattan & Hermosa piers, the Malibu mountains, Catalina Island, & the Palos Verdes Peninsula. The property features a gourmet kitchen that comes with a Sub-Zero refrigerator, a Thermador dual burner oven/stove, a microwave oven, a built-in Sub-Zero wine cooler, beautiful cherry wood cabinetry and 4 bar stools. The home includes central a/c & heating (including a Nest smart thermostat for central AC and heating), a water filtration system, recessed lighting, ceiling fans in each room, speakers in the living room, TV in the master, washer and dryer, 100 sq ft of storage space above the garage (including an electrical powered crane lift for storing bicycles), & a laundry room with a workbench. Decorative accents are included throughout, such as arched windows, wood shutters, hardwood floors & lovely tiled niche alcoves. Enjoy the two-person Jacuzzi tub in the master bathroom & the two balconies off the master bedroom & living room. Located just 2 houses  to the beach as well as hip boutiques and bistros and the Hermosa Beach Park, this is beach living at its best. (Don't forget to click on the VT button above to see the 3D Matterport virtual tour)
Unit Size
1,752 Ft²
Days on Market
150 days
Land Size
0.04 acres
Price per sqft
$1,455
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968

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Last updated: 4 months ago (CRMLS #PV20129807)

Price History

Date / Event Date Event Price
Dec 18, 2020 Sold
Sold
Jul 2, 2020 Listed by RE/MAX Estate Properties $2,549,000
Listed by RE/MAX Estate Properties

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 7
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,924
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 320
  • Total Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADDITION
  • Land Acres: 0000000044
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: FIRST ADD TO HERMOSA BEACH SW 60 FT OF LOT/SEC 9 BLK/DIV/TWN 28

Neighborhood

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

Zoning

  • Zoning: HBR1*

Geography

  • Assessors Map Reference: 62-B5
  • Parcel: 4182-012-034
  • Block: 28
  • Lot: 9
  • Municipality: SOUTH /W. HERM BCH SFR
  • Latitude: 33.8721
  • Longitude: -118.405

    Address

  • Full Address: 2534 Palm Dr
  • Address - House Number: 2534
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 2549
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,766,661
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,174,874
  • High Value: 3,878,367
  • Low Value: 2,471,382

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,616,605
  • Assessed Land Value: $1,965,939
  • Assessed Improvements Value: $650,666

    Sales

  • Current Sale Contract Date: Nov 17, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 20-1700866
  • Previous Sale Recording Date: Sep 14, 2004
  • Previous Sale Contract Date: Aug 06, 2004
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Hermosa Beach


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Frequently Asked Questions

When was property at 2534 Palm Drive built and last sold?
The property at 2534 Palm Drive was built in 1968 and last sold on Nov 17, 2020 for $2,515,000.
How much is this home worth?
The estimated value of the home located at 2534 Palm Drive is $2,544,190.
What are some comparable homes to 2534 Palm Drive?
There are currently no comparable homes to 2534 Palm Drive.