Seize the chance to own this Duplex with great income potential! This property is updated with hardwood flooring throughout and recently remodeled kitchens. This is an exceptional investment opportunity in North Hermosa Beach. Located just 4 blocks from the beach, 1 block to Robinson Elementary and a few blocks to Valley Park, this Duplex is in a prime location. This property has 2 units that are currently leased, both with below market rent. The back unit is a two-story, 3 bed/2 bath with 2 fireplaces and includes a 2-car garage with convenient back-alley access. This unit is being leased for $5,000/month and has a lease through April 30, 2024. The front unit is an adorable 1 bed/1 bath, leased for $1,900/month and is on a month-to-month lease. Don't miss out on this fantastic opportunity to invest in a prime Hermosa Beach sand section location with great income potential and secure your future financial success.
Property Details
Property Features
Property Information:
Year Built: 1939
Stories: 1
Listing Office:
Office Name: Bayside
Office Phone: (310) 925-2529
Listing Agent: Molly Hobin Williams
Interior Features
Interior Information:
Fireplace: Living Room, Primary Bedroom
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: None
School Info
Assigned Schools Information:
Hermosa Valley Elementary School, Public District Grades 3-8
Hermosa View Elementary School, Public District Grades KG-2
Other
Directions Information:
Directions: 4th block of Longfellow
Price Information
Listing Price Info
Price Summary:
List Price: $2,799,000
Tax Information:
Annual Amount: $21,270
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Hermosa Beach, CA.
This property is $589K more than the Median Sold Price in Hermosa Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SB23212569
Listing Office:
Office Name: Bayside
Office Phone: (310) 925-2529
Listing Agent: Molly Hobin Williams
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 03, 2017
Aug 03, 2017Home Sold
$1,850,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,270
$1,944,679
2020
$20,712
$1,924,740
2019
$20,022
$1,887,000
2018
$5,851
$1,850,000
2017
$5,851
$496,728
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14K
Per Month
Principal & Interest
$13.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,458
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
10
/10
Hermosa View Elementary School
1800 Prospect Ave
Distance between this listing and this school0.87 miles
Public District Grades KG-2
Middle School
9
/10
Hermosa Valley Elementary School
1645 Valley Dr
Distance between this listing and this school0.78 miles
Public District Grades 3-8
Assigned Schools
10
/10
Hermosa View Elementary School
1800 Prospect Ave
Distance between this listing and this school0.87 miles
Public District Grades KG-2
Nearby Schools
9
/10
Opal Robinson Elementary School
80 Morningside Dr
Distance between this listing and this school0.07 miles
Public District Grades KG-5
10
/10
Pacific Elementary School
1200 Pacific Ave
Distance between this listing and this school0.73 miles
Public District Grades KG-5
Assigned Schools
9
/10
Hermosa Valley Elementary School
1645 Valley Dr
Distance between this listing and this school0.78 miles
Public District Grades 3-8
Nearby Schools
9
/10
Manhattan Beach Middle School
1501 N Redondo Ave
Distance between this listing and this school1.44 miles
Public District Grades 6-8
8
/10
Adams Middle School
2600 Ripley Ave
Distance between this listing and this school2.38 miles
Public District Grades 6-8
Nearby Schools
9
/10
Mira Costa High School
1401 Artesia Blvd
Distance between this listing and this school0.81 miles
Public District Grades 9-12
9
/10
Redondo Union High School
631 Vincent Park
Distance between this listing and this school2.45 miles
Public District Grades 9-12
2
/10
Family First Charter
4953 Marine Ave
Distance between this listing and this school2.50 miles
The neighbors living near this home have an average income of $162,143. Most Hermosa Beach, CA residents have annual incomes between $100k-200k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 445 Longfellow Ave in Hermosa Beach, CA and zip code 90254 in the Hermosa Beach Sand neighborhood. This home, which was built in 1939, sits on a 0.06 acre lot. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $2,799,000.
Hermosa Beach, CA housing market in March 2024 saw over 6 listings sold above listed price, more than 3 sold at listed price and over 3 sold below. The number of listings in Hermosa Beach, CA increased by 3.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 23 days, the median list price was $2,210,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Hiking/backpacking
Hiking/backpacking
Live Theatre
Tennis
Bloomingdales
Crate & Barrel
H&M
Starbucks
Boston Market
Chipotle
Audi
Mercedes
BMW
Alternative
News