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Sold for $2,415,000
  • Listed by: Keller Williams Palos Verdes • Rubina Ryono • Contact: 310-544-6100
    Bought with: Compass
    Tax assessed value
    $2,415,000

    24 11th Ct, Hermosa Beach, CA 90254

    3beds
    3baths
    1,622sqft
    Triplex
    Built in 1922
    -- sqft lot
    $2,762,900 Zestimate®
    $1,489/sqft
    $6,514 Estimated rent

    Home value

    $2,762,900

    $2.43M - $3.18M

    $6,514/mo

    Zestimate® history
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    What's special

    Beach life, at a spectacular price! A remarkable opportunity awaits you in the heart of Hermosa Beach, one of the most desirable and sought-after coastal towns. Just steps away from white sandy beaches, sparkling blue waters, and breathtaking sunsets, this triplex offers the chance to own your slice of coastal paradise where the beach is practically your backyard. Whether you're an investor, a first time-homebuyer or looking to downsize from a large home, enjoy this versatile property all to yourself or with friends and family. This triplex has endless potential! Live in the charming front bungalow while renting out the rear units, or choose to rent out all three units for maximum income. All units vacant, allowing you to rent them out at current market rates. The front of the property, facing 10th Street, features a detached, 1-bedroom, 1-bathroom beach bungalow. This cozy home offers a sun-filled living room, a welcoming dining area, and a bright, spacious kitchen with ample cabinetry—perfect for preparing your favorite meals. At the rear of the property, facing 11th Court, you'll find a detached two-story building. The lower and upper units each have 1 bedroom and 1 bathroom, with separate entrances for added privacy. The upper unit boasts a stunning view of the beach. Additionally, each unit has its own private laundry area, eliminating the need for tenants to seek out a laundromat. A spacious courtyard and patio separate the front bungalow from the rear units, creating the feel of two distinct properties. These outdoor spaces provide plenty of room for gatherings, summer barbecues, and soaking up the coastal ambiance. Whether you're seeking an investment opportunity or a personal beachside retreat, this coastal gem promises the lifestyle you've always dreamed of. With the upcoming LA28 Olympics and the growing demand for rentals, this is a long-term investment that will pay off for years to come. Located just a block from the vibrant Pier Avenue and everything Hermosa Beach offers, you'll never have to drive again. You’re walking distance with immediate access to top-rated gourmet restaurants, coffee shops, boutiques, gyms, yoga studios, grocery stores, library, farmers market and so much more. Plus, with Manhattan Beach and Redondo Beach just a mile away, you're at the center of the best that coastal living has to offer. This is the beach life you've always dreamed of- make it your reality today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rubina Ryono DRE #01462342 310-938-3452,

    Keller Williams Palos Verdes

    Bought with:

    Jesse Dougherty, DRE #01949609

    Compass

    Allison Kosik, DRE #02150962

    Compass

    Source: CRMLS,MLS#: SB24158428MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Forced Air, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Oven, Gas Range, Refrigerator
    • Laundry: Outside
    Features
    • Open Floorplan
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,622
    • Total interior livable area: 1,622 sqft

    Property

    Parking
    • Parking features: On Street
    Features
    • Entry location: front door
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 2,853 Square Feet
    • Features: Landscaped
    Details
    • Parcel number: 4187004017
    • Zoning: HBR3YY
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban, Water Sports
    Location
    • Region: Hermosa Beach

    Financial & listing details

    • Price per square foot: $1,489/sqft
    • Tax assessed value: $2,415,000
    • Annual tax amount: $26,573
    • Date on market: 8/15/2024
    • Cumulative days on market: 83 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Total actual rent: 1500
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    12/9/2024Sold$2,415,000-12.2%$1,489/sqft
    Source: CRMLS #SB24158428 Report a problem
    11/13/2024Pending sale$2,750,000$1,695/sqft
    Source: CRMLS #SB24158428 Report a problem
    10/17/2024Price change$2,750,000-3.5%$1,695/sqft
    Source: CRMLS #SB24158428 Report a problem
    8/31/2024Price change$2,850,000-5%$1,757/sqft
    Source: CRMLS #SB24158428 Report a problem
    8/15/2024Listed for sale$3,000,000$1,850/sqft
    Source: CRMLS #SB24158428 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,573 +958.5%$2,415,000 +1356.7%
    2024$2,510 +1.6%$165,787 +2%
    2023$2,472 +1.8%$162,537 +2%
    2022$2,429 -2.7%$159,351 +2%
    2021$2,497 +0.5%$156,227 +1%
    2020$2,485 $154,626 +2%
    2019$2,485 +6.7%$151,595 +2%
    2018$2,328 $148,624 +2%
    2017$2,328 +0.8%$145,711 +2%
    2016$2,309 +5.1%$142,855 +1.5%
    2015$2,197 +13%$140,710 +2%
    2014$1,944 $137,955 +4.5%
    2011-- $132,002 +0.8%
    2010-- $131,017 -0.2%
    2009-- $131,330 +2%
    2008-- $128,756 +4%
    2006-- $123,758 +4%
    2004-- $118,954 +3.9%
    2002-- $114,487 +4%
    2000-- $110,043
    Find assessor info on the county website

    Neighborhood: 90254

    Nearby schools

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    Estimated market value
    $2,762,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,762,900