See Home Value
$11,738,542*
House - Off Market

60 The Strand

Hermosa Beach, CA 90254
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3575 Sqft
$7,200,000 - $8,798,000
Reference Base Price*
46.75%
Since Aug 1, 2019
National-US
Primary Model
Sold Jul 23, 2019
$7,675,000
$4,600,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2049
Sold May 27, 2016
$5,200,000

About This Property

There is a perfected sense of balance within this this newly constructed beachfront residence presented by renowned local builder, Kim Komick. A custom blackened stainless steel pivot door is a welcoming focal point that opens wide to the lower level beach room with full wet bar and a media area wired with 5.1 surround sound. The beach room opens to a sunken private patio area and then steps up to a more visible sun deck. A guest room and guest bath are also found with a 3-stop elevator and direct garage access. Follow the floating staircase to the more formal living areas set privately above The Strand. The living room showcases crashing waves, surfing dolphins and passing sailboats with a floor-to-ceiling panoramic door that opens direct to a walk-out deck. This endless view is captured from every vantage point and is the ideal backdrop when entertaining. The custom kitchen offers a high-end Thermador appliance package and the island is finished with dual Neolith waterfall edges. A built-in breakfast area, walk-in pantry, custom wine display and guest bath are also found. The best Strand homes offer thoughtfully planned spaces that allow for enjoyment of both public and private spaces. The main bedrooms are all privately located on the uppermost level. Step up to the private master suite and be greeted by a room filled with views of the ocean. With the beach as an endless playground this home utilizes all of the lifestyle advantages of Sand Section living.

The manager has listed the unit size as 3575 square feet.
Unit Size
3,575Ft²
Days on Market
-
Land Size
2,402.00 acres
Price per sqft
$2,237
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

Price History

Date / Event Date Event Price
Jul 26, 2019 No longer available -
No longer available
May 26, 2019 Price Decreased $7,999,000
↓ $251K (3%)
Price Decreased
Mar 23, 2019 Price Decreased $8,250,000
↓ $640K (7.2%)
Price Decreased
Jan 24, 2019 Price Decreased $8,890,000
↓ $310K (3.4%)
Price Decreased
Jan 8, 2019 Listed $9,200,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,402
  • Total Building Area: 3,763
  • Gross Building Area: 2,982
  • Building Area: 3,763
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 3,763
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERMOSA BEACH
  • Land Acres: 0.055
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HERMOSA BEACH LOT/SEC 15 BLK/DIV/TWN 1

Ownership

  • Current Owner : SAUSE CAITLIN N
  • Previous Owner : 58 THE STRAND LLC
  • Owner Before Previous Owner: MAGGIO ANTHONY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: HBR3YY

Geography

  • Assessors Map Reference: 67-C2
  • Parcel: 4188-002-037
  • Block: 1
  • Lot: 15
  • Municipality: SOUTH /W. HERM BCH SFR
  • Latitude: 33.8536
  • Longitude: -118.398

    Address

  • Full Address: 60 The Strand
  • Address - House Number: 60
  • Address - Street Name: The Strand
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C026
  • 4-Digit Zip Code: 5042
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $84,526
  • Tax Rate Code Area: 04-340

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 4,104,909
  • High Value: 5,021,938
  • Low Value: 3,187,881

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,600,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 23, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $4,600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,067,793
  • Assessed Land Value: $5,755,202
  • Assessed Improvements Value: $2,312,591

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2019
  • Current Sale Recording Date: Jul 23, 2019
  • Current Sale Transaction ID: 11634152722
  • Current Sale Price: $7,675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-0719486
  • Previous Sale Recording Date: May 27, 2016
  • Previous Sale Contract Date: Feb 02, 2016
  • Previous Sale Amount: $5,200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 23, 2019
  • First Mortgage Loan Amount: $4,600,000
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,843 ft²
$2,290/ft²
$8,800,000 Oct 13, 2023
-
-

About Hermosa Beach


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Frequently Asked Questions

When was property at 60 The Strand built and last sold?
The property at 60 The Strand was built in 2017 and last sold on Jun 14, 2019 for $7,675,000.
How much is this home worth?
The estimated value of the home located at 60 The Strand is $7,960,988.
What are some comparable homes to 60 The Strand?
There are currently no comparable homes to 60 The Strand.

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