Fantastic Opportunity Alert! Here's your chance to bypass the typical waiting game and arduous construction planning process. Welcome to 1616 Monterey Blvd in Hermosa Beach – a North Hermosa Beach property that's a real gem. It's shovel-ready with approved Architectural plans for a gorgeous 4,680 sq ft home boasting breathtaking ocean views. Plus, it's conveniently located two blocks from downtown Hermosa and a mere four blocks from the beach.
Properties of this caliber with finished construction in this pocket of Hermosa currently fetch between 6 to 8 million dollars. Positioned above other streets, it offers panoramic views that are simply unmatched. And here's the beauty of it – if you're not keen on construction, no worries! You can make this beach house your new home or turn it into a lucrative income property for your investment portfolio.
The existing home already offers ocean views from the primary suite, balcony, and a rooftop deck. With an oversized lot spanning approximately 3,300 square feet, you'll have ample off-street parking, including a 2-car garage. Inside, you'll find a charming home with brand-new hardwood floors. The living room seamlessly flows into the kitchen and dining nook, and there are cozy brick fireplaces in both the living area and primary suite. The first level features two bedrooms, while the second level boasts an oversized primary suite with vaulted ceilings, a fireplace, and those enviable ocean views. Grab this chance now – you will have no regrets.
Sold for $3,265,000
Listed by: Pacifica Properties Group, Inc. • Deborah Schroeder • Contact: 503-470-9059
Bought with: CENTURY 21 Masters
$3,265,000
1616 Monterey Blvd, Hermosa Beach, CA 90254
3beds
1,720sqft
Single Family Residence
Built in 1949
3,264 Square Feet Lot
$3,703,900 Zestimate®
$1,898/sqft
$7,871 Estimated rent
Home value
$3,703,900
$3.41M - $4.11M
$7,871/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Deborah Schroeder DRE #02195445 503-470-9059,
Pacifica Properties Group, Inc.
Bought with:
Kitty Chen, DRE #01057367
CENTURY 21 Masters
Source: CRMLS,MLS#: SB24037706
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Kitchen, Living Room
Bathroom
- Features: Bathtub, Separate Shower, Tub Shower
Heating
- Central
Cooling
- None
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
- Laundry: Washer Hookup, Inside, Laundry Closet, Upper Level
Features
- Beamed Ceilings, Wet Bar, Balcony, Breakfast Area, Ceiling Fan(s), High Ceilings
- Flooring: Vinyl, Wood
- Windows: Shutters
- Has fireplace: Yes
- Fireplace features: Den, Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,720 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, RV Access/Parking
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 0
- Patio & porch: Brick, Patio, Rooftop
- Pool features: None
- Fencing: Wood
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Side Of Highway
Lot
- Size: 3,264 Square Feet
- Features: Back Yard, Front Yard, Landscaped, Near Park
Details
- Parcel number: 4183016018
- Zoning: HBR2*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None
Community & HOA
Community
- Features: Sidewalks, Park
- Security: Smoke Detector(s)
Location
- Region: Hermosa Beach
Financial & listing details
- Price per square foot: $1,898/sqft
- Tax assessed value: $3,330,300
- Annual tax amount: $36,016
- Date on market: 2/23/2024
- Cumulative days on market: 61 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2024 | Listing removed | $6,500$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/31/2024 | Listed for rent | $6,500-13.3%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/21/2024 | Listing removed | $7,500$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/30/2024 | Listed for rent | $7,500$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2024 | Sold | $3,265,000-1%$1,898/sqft |
Source:  CRMLS #SB24037706 Report a problem | ||
| 2/23/2024 | Pending sale | $3,299,000+8.2%$1,918/sqft |
Source: CRMLS #SB24037706 Report a problem | ||
| 7/21/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/25/2022 | Price change | $7,500-5.7%$4/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/9/2022 | Price change | $7,950-4.2%$5/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/31/2022 | Listed for rent | $8,295$5/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/26/2022 | Sold | $3,050,000+9%$1,773/sqft |
Source: Public Record Report a problem | ||
| 4/29/2022 | Pending sale | $2,799,000$1,627/sqft |
Source:  RE/MAX International #SB22075467 Report a problem | ||
| 4/29/2022 | Contingent | $2,799,000$1,627/sqft |
Source: CRMLS #SB22075467 Report a problem | ||
| 4/22/2022 | Listed for sale | $2,799,000+65.7%$1,627/sqft |
Source: CRMLS #SB22075467 Report a problem | ||
| 7/8/2005 | Sold | $1,689,000$982/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,016 +5.5% | $3,330,300 +5% |
| 2024 | $34,135 +2.1% | $3,173,220 +2% |
| 2023 | $33,424 +42% | $3,111,000 +43% |
| 2022 | $23,538 +1.7% | $2,175,020 +2% |
| 2021 | $23,133 +0.6% | $2,132,374 +1% |
| 2020 | $23,000 | $2,110,510 +2% |
| 2019 | $23,000 +5.6% | $2,069,128 +2% |
| 2018 | $21,783 | $2,028,557 +2% |
| 2017 | $21,783 +0.7% | $1,988,782 +21.3% |
| 2016 | $21,624 +23.7% | $1,639,000 |
| 2015 | $17,483 +14.3% | $1,639,000 +13.2% |
| 2014 | $15,302 | $1,448,000 +11.5% |
| 2012 | -- | $1,298,900 |
| 2011 | -- | $1,298,900 -21.3% |
| 2010 | -- | $1,651,200 |
| 2009 | -- | $1,651,200 -6% |
| 2008 | -- | $1,757,235 +2% |
| 2007 | -- | $1,722,780 +2% |
| 2006 | -- | $1,689,000 +542.1% |
| 2005 | -- | $263,049 +4% |
| 2004 | -- | $252,837 +1.9% |
| 2003 | -- | $248,205 +2% |
| 2002 | -- | $243,339 +4% |
| 2000 | -- | $233,891 |
Find assessor info on the county website
Neighborhood: 90254
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Nearby schools
GreatSchools rating
- 8/10Hermosa Valley Elementary SchoolGrades: 5-8Distance: 0.1 mi
- NAHermosa View Elementary SchoolGrades: K-1Distance: 0.5 mi
- 10/10Hermosa Vista SchoolGrades: 2-4Distance: 0.5 mi
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Estimated market value
$3,703,900
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Estimated market value
$3,703,900
- California
- Los Angeles County
- Hermosa Beach
- 90254
- 1616 Monterey Blvd
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