tomo logo

$2,900,000

Beds
3
Baths
2.5
sq ft
1,847

504 Palm Dr, Hermosa Beach, CA 90254

504 Palm Dr

Hermosa Beach, CA 90254

  • 111 days on market
Situated just one block from the sand, this classic Hermosa Beach bungalow has undergone a meticulous custom renovation, resulting in a home with naturally-inspired, contemporary design. The sun-drenched main level boasts an airy layout with elevated ceilings, ensuring a seamless flow between the kitchen, dining, and living areas. The gourmet kitchen exemplifies craftsmanship with high-end appliances, bespoke cabinetry, and refined finishes. The main level also includes the master suite, complemented by a lavish ensuite bathroom and a guest powder room. Descending to the lower level, you will find a stylish office/den, two additional bedrooms, a full bathroom, and a spacious laundry and storage room. Rejuvenated from the ground up, this move-in-ready Sand Section residence encapsulates the pinnacle of beach living. Welcome home.

Details

Property type

Single Family Residence

Est. home value

$2,915,796

Lot size

1,689 sq ft

Price per sq ft

$1,571

Year built

1923

HOA

No

Price History

05/31/2024
CLAW

CLAW #24395711

Listed
$2,900,000
-0.85%
04/02/2024
CLAW

CLAW #24342551

Removed
$2,925,000
03/29/2024
CLAW

CLAW #24342551

Listed
$2,925,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Northwest Bank

Loan start date

April 2022

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial, 6 year

Seller

Elizabeth Donovan and Lawrence T Donovan

Lender

Northwest Bank

Loan start date

June 2021

Original loan amount

$139,500

Est. remaining balance

Not provided

Interest rate

2.83%

Loan type

Credit Line (Revolving), 10 year

Seller

Elizabeth Donovan and Lawrence T Donovan

Lender

Northwest Bank

Loan start date

May 2021

Original loan amount

$1,240,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

New Conventional, 30 year

Seller

Elizabeth Donovan and Lawrence T Donovan

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?

Similar Homes Nearby

Pending
CRMLS
$2,650,000
3 bd
|
2.5 ba
|
2,200 sq ft
|
Townhouse

535 11th St, Hermosa Beach, CA 90254

Price drop
CRMLS
$2,599,000
3 bd
|
1.75 ba
|
1,764 sq ft
|
House

460 Chabela Dr, Manhattan Beach, CA 90266

CLAW
$2,980,000
4 bd
|
2.5 ba
|
3,058 sq ft
|
House

1643 5th St, Manhattan Beach, CA 90266

Status: Active

Tomo last checked: 09/18/2024 at 6:35 PM

Listing updated: 08/22/2024 at 11:33 PM

Listed by: Elizabeth Donovan, Coldwell Banker Realty Phone #: (310) 454-1111

MLS: CLAW #24395711

CLAW logo

Recently listed in Hermosa Beach

$6,999,000|4 bd|3.5 ba|House
$7,599,000|4 bd|3.5 ba|House
$2,299,000|3 bd|3.0 ba|House
$1,584,485|3 bd|2.5 ba|Townhouse
$1,899,000|3 bd|2.5 ba|Townhouse
$2,150,000|4 bd|4.0 ba|House
$1,500,000|2 bd|1.0 ba|House
$1,799,000|3 bd|2.0 ba|House
$1,399,000|3 bd|1.0 ba|House
$5,295,000|3 bd|2.0 ba|House