2468 Silverstrand Ave Hermosa Beach, CA 90254

$875,000 Sold Price as of 04/12/2018

4 Beds
3 Baths
1,504 Sq.Ft.

Off Market

$875,000 Sold Price as of 04/12/2018 Refinance Your Mortgage

Map preview of 2468 Silverstrand Ave, Hermosa Beach, CA 90254

Property Overview: 2468 Silverstrand Ave Hermosa Beach, CA has 4 bedrooms, 3 bathrooms, 1,504 living square feet and 2,576 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2468 Silverstrand Ave is currently an off market home in the city of Hermosa Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Hermosa Beach has a median list price of $2,399,000. The median price per/sqft for Hermosa Beach is $1,371. With those numbers in mind, if you are looking to purchase a median priced home in Hermosa Beach, CA and put 20% down you will need to save up $479,800 for the down payment and will need roughly $47,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Hermosa Beach the commission could be as much as $125,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 2468 Silverstrand Ave

Last sold for $875,000 on April 12th, 2018

April, 2018
Apr 12, 2018

Date

Sold (Public Records)

Public Records

$875,000

Price
October, 2017
Oct 20, 2017

Date

Sold

CRMLS: SB17162184

$2,025,000

Price
Oct 2, 2017

Date

Pending

CRMLS: SB17162184

$2,175,000

Price
Aug 26, 2017

Date

Active Under Contract

CRMLS: SB17162184

$2,175,000

Price
Aug 14, 2017

Date

Price Change

CRMLS: SB17162184

$2,175,000

Price
Jul 28, 2017

Date

Active

CRMLS: SB17162184

$2,275,000

Price
Jul 16, 2017

Date

Active Under Contract

CRMLS: SB17162184

$2,275,000

Price
Jul 16, 2017

Date

Active

CRMLS: SB17162184

$2,275,000

Price
Listing provided courtesy of CRMLS

$100k price reduction on 8/14/17. THIS PROPERTY IS AVAILABLE!! NORTH HERMOSA...locals know this to be the best beach in the SouthBay. BEST FULL-LOT INCOME PROPERTY VALUE IN THE MANHATTAN OR HERMOSA SAND SECTIONS!! And Hermosa is internationally known, having been named as one of the best beach towns in the USA in the past. Nestled in a rapidly developing enclave a few minute walk to the pristine sand is this prominent triplex on a unique corner lot. Current income is $80,400/year and may be simply a good hold. But, it is also a great site for the exquisitely planned (by a popular local architect) ocean-view home jutting toward Malibu and the Santa Monica Mountains. Current building has two 1-bedroom units below with a 2-bedroom plus office/exercise area above with ocean view. Each unit has a private yard and a single car garage space with additional off-street parking. One of the lower units has enjoyed a kitchen remodel...the top 2-bedroom unit has a newer kitchen and bath. Laundry facilities with washer and dryer are on the property for all tenants to use. Square footage is taped and is different that that n the tax records. Recent rent analysis indicates market rents for the 1-bedrooms units is approx. $2,200 per month. City records show 3-units. It appears all square footage is permitted. Buyer to verify all information that, though believed to be true, is not guaranteed. SEE AGENT REMARKS

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October, 2017
Oct 18, 2017

Date

Sold (Public Records)

Public Records

$2,025,000

Price

Tax History for 2468 Silverstrand Ave

Assessed Value (2020): $2,106,810

Year	Land Value	Improved Value	Assessed Value
2020	$2,054,790	$52,020	$2,106,810

About 2468 Silverstrand Ave

Detailed summary of property

2468 Silverstrand Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Hermosa Beach, CA 90254 and last sold on April 12, 2018 for $875,000. This property has 4 bedrooms, 3 bathrooms, roughly 1,504 living square feet, and sits on an approximately 2,576 square foot lot. Homes in Hermosa Beach are selling for a median price of $2,510,000 and a median price per square foot of $1,290. Based on Ardent Real Estate Group's Hermosa Beach Market Data, this home is sold 65.14% lower than the current median priced home. 2468 Silverstrand Ave was last sold on April 12, 2018 for $875,000. Local nearby listings include 6550 W 84th Pl, 8421 Airlane Ave and 8305 Chase Ave. The average home in Hermosa Beach, CA is selling in 98 days. There are currently 59 homes for sale in the Hermosa Beach real estate market and 41 of them are single family homes while 10 of them are condos and 8 are townhomes. If you are the homeowner and looking to sell the home at 2468 Silverstrand Ave Hermosa Beach, CA 90254 contact Ardent Real Estate Group and we will put you in touch with one of our Hermosa Beach agents.

Public Facts for 2468 Silverstrand Ave

Public county record property details

Beds: 4
Baths: 3
Year built: 1929
Sq. Ft.: 1,504
Lot Size: 2,576
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 21,22
APN: 4182-015-022

The source for these homes facts are from public records.

90254 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,399,000

Median List Price/Sq.Ft.

$1,371

Median Sold Price

$2,510,000

Median Sold Price/Sq.Ft.

$1,290

Total Inventory

Median Sale to List Price %

100.44%

Avg Days on Market

Loan Type

Conventional (20%), FHA (0%), VA (0%), Cash (40%), Other (40%)

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