See Home Value
$3,366,425*
House - Off Market

526 24th Place

Hermosa Beach, CA 90254
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1700 Sqft
$2,700,000 - $3,298,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Feb 18, 2021
$3,125,000
$2,500,000 by Mufg Union Bank Na
Mortgage Due Mar 01, 2051
Sold Dec 06, 2016
$2,500,000
$1,875,000 by Bank Of America Na
Mortgage Due Jan 01, 2047

About This Property

Completely remodeled home in the heart of Hermosa Valley on a 50 x 125 lot. Open floor plan (single-level) with great natural light throughout. The home is perfect for entertaining with great outdoor space that includes a south-facing yard, front yard and plenty of driveway space. Back yard also has fire pit and plenty of grass space to play. Separate office, pantry, and laundry room. Two-car garage currently set up as bonus living area (covid classroom) with TV, flooring. 4 driveway parking spots. All major systems in the home have been redone. Additional highlights of the home include stainless steel appliances, carerra marble countertops in the kitchen, oak wood floors, sun drenched back deck with 12 foot sliding doors for your indoor-outdoor living. Short walk to the beach, downtown, park, and schools.

The manager has listed the unit size as 1700 square feet.
Unit Size
1,700Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$1,764
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Feb 18, 2021 Sold to Daniel Palmieri, Jennifer P... $3,125,000
Sold to Daniel Palmieri, Jennifer P...
Jan 25, 2021 In contract -
In contract
Jan 20, 2021 Listed $2,999,000
Listed
Dec 6, 2016 Sold to Rajeev Rao, Shefali Mehta $2,500,000
Sold to Rajeev Rao, Shefali Mehta

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,252
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,461
  • Building Area: 1,461
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,461
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HERMOSA PARK
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HERMOSA PARK TRACT LOT/SEC 12 BLK/DIV/TWN 3

Ownership

  • Current Owner : PALMIERI DANIEL
  • Current Owner 2: PALMIERI JENNIFER
  • Previous Owner : RAO RAJEEV
  • Previous Owner 2: MEHTA SHEFALI
  • Owner Before Previous Owner: CONNOR DANIEL O
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: HBR1YY

Geography

  • Assessors Map Reference: 62-C5
  • Parcel: 4182-024-019
  • Block: 3
  • Lot: 12
  • Municipality: SOUTH /W. HERM BCH SFR
  • Latitude: 33.8713
  • Longitude: -118.4

    Address

  • Full Address: 526 24th Pl
  • Address - House Number: 526
  • Address - Street Name: 24th
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C014
  • 4-Digit Zip Code: 2607
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $34,319
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 3,008,519
  • High Value: 3,679,091
  • Low Value: 2,337,948

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Feb 18, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,251,249
  • Assessed Land Value: $2,462,106
  • Assessed Improvements Value: $789,143

    Sales

  • Current Sale Contract Date: Feb 09, 2021
  • Current Sale Recording Date: Feb 18, 2021
  • Current Sale Transaction ID: 11818494899
  • Current Sale Price: $3,125,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0273799
  • Previous Sale Recording Date: Dec 06, 2016
  • Previous Sale Contract Date: Oct 25, 2016
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Feb 18, 2021
  • First Mortgage Loan Amount: $2,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Dec 06, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,875,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jan 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,770 ft²
$1,190/ft²
$3,295,000 Nov 8, 2022
-
-
Multifamily
Stu
-
1,978 ft²
$1,263/ft²
$2,499,000 Nov 22, 2022
-
-
Townhouse
4 Beds
4 Baths
3,280 ft²
$951/ft²
$3,120,000 Jan 5, 2023
-
-
Townhouse
4 Beds
4 Baths
3,380 ft²
$943/ft²
$3,189,000 Jan 5, 2023
-
-

About Hermosa Beach


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Frequently Asked Questions

When was property at 526 24th Place built and last sold?
The property at 526 24th Place was built in 1950 and last sold on Feb 9, 2021 for $3,125,000.
How much is this home worth?
The estimated value of the home located at 526 24th Place is $3,020,071.
What are some comparable homes to 526 24th Place?
There are currently no comparable homes to 526 24th Place.

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