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961 5th Street

961 5th Street, Hermosa Beach, CA 90254
Townhouse in Hermosa Beach
This has been categorized as a vacant property type. In total, the area measurement of the land is 4,542 square feet.

Learn more about the property and building on this page. 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, 961 5th Street sold most recently in Aug 6, 2021 for a total of $2,300,000. Before that, the property was also sold for $2,300,000 in Aug 6, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 961 5th Street was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $2,540,057. If we break it down further, the land itself was valued at $1,804,515. Improvements to the property, however, were assessed at a total of $735,542. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Condition

New Construction

Parking

Garage Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230330 Unit A
03/30/2023
A
4 Bed
1.5 Bath
2850 ft²
$2,995,000
bedrooms
4 Bed
bathrooms
1.5 Bath
square feet
2850 ft²
-
-
-
Edward Kaminsky
eXp Realty of California Inc
20210326 Unit B
03/26/2021
B
4 Bed
5 Bath
2450 ft²
$2,499,000
bedrooms
4 Bed
bathrooms
5 Bath
square feet
2450 ft²
-
-
-
Jeremiah Carew
3 Leaf Realty Inc

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,542
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: SECOND ADD TO HERMOSA BEACH
  • Land Acres: 0.104
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: P M 403-72-73 LOT 1

Ownership

  • Current Owner : LAI MIN KEN
  • Current Owner 2: LAI DAISSA LEE
  • Previous Owner : SBL DEVELOPMENT LLC
  • Owner Before Previous Owner: SBL DEVELOPMENT LLC
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Hermosa Beach City Elementary School District
  • Census Tract: 621102

Zoning

  • Zoning: HBR2*

Geography

  • Parcel: 4186-015-036
  • Block: 85
  • Lot: 1
  • Municipality: HERMOSA BCH
  • Latitude: 33.8593
  • Longitude: -118.389

    Address

  • Full Address: 961 5th St
  • Address - House Number: 961
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Hermosa Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 4845
  • Zip Code: 90254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 04-340

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,100,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 23, 2021
  • First Open Lien Mortgage Loan Amount: $1,050,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Sep 23, 2021
  • Second Open Lien Mortgage Loan Amount: $1,050,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $2,540,057
  • Assessed Land Value: $1,804,515
  • Assessed Improvements Value: $735,542

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Transaction ID: 11856771181
  • Current Sale Price: $2,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1454138
  • Previous Sale Recording Date: Sep 23, 2021
  • Previous Sale Contract Date: Aug 06, 2021
  • Previous Sale Amount: $2,300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 23, 2021
  • First Mortgage Loan Amount: $1,050,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Sep 23, 2021
  • Previous Mortgage Loan Amount: $1,050,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2051

About Hermosa Beach



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Frequently Asked Questions

What neighborhood is 961 5th Street located in?
The 961 5th Street is a townhouse located in the neighborhood of Hermosa Beach in Hermosa Beach, Hermosa Beach.
What is the average sales price for listings in 961 5th Street?
The average sales price for units in 961 5th Street is $0 currently.

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