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$6,500,000

Beds
Unknown
sq ft
100

3400 Hermosa Ave, Hermosa Beach, CA 90254

3400 Hermosa Ave

Hermosa Beach, CA 90254

  • 429 days on market
“Buy land, they're not making it anymore” - Mark Twain. Do not miss this opportunity to own the last undeveloped lot on Hermosa Ave! Ideally located, you are merely steps from the Hermosa Beach Strand and a block-ish from Manhattan Beach. Want to build a home with an abundance of natural light? This spectacular North Hermosa "South facing" corner lot is prime for development. "South facing" lots are highly desirous because as the sun rises in the east, and sets in the west, the south side of any house will see the most hours of sunlight. Recipe for the perfect build = Prime Corner Lot. North Hermosa. South Facing. Steps to Sand. Block-ish from Manhattan Beach... Hurry, this one will not last!!!

Details

Property type

Single Family Residence

Est. home value

$5,075,147

Lot size

2,538 sq ft

Price per sq ft

$65,000

Year built

2024

Price History

07/26/2024
CRMLS

CRMLS #SB23167438

Removed
$6,500,000
04/25/2024
CRMLS

CRMLS #SB23167438

Listed
$6,500,000
09/07/2023
CRMLS

CRMLS #SB23167438

Listed
$6,500,000
+73.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Manteca Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Na

Loan start date

March 2003

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.91%

Loan type

Credit Line (Revolving)

Seller

John Berardo and Marilyn Berardo

Lender

Wells Fargo Home Mortgage Inc

Loan start date

March 2003

Original loan amount

$57,601

Est. remaining balance

$0

Interest rate

5.33%

Loan type

Not Provided, 15 year

Seller

A John Berardo and Marilyn Berardo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/09/2024 at 8:15 AM

Listing updated: 09/30/2024 at 12:21 PM

Listed by: Brett Zebrowski, Palm Realty Boutique, Inc. Phone #: (310) 545-2490

MLS: CRMLS #SB23167438

CRMLS logo

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