1002 5th Street, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 5 bed, 5 bath
ACTIVE$3,795,000
1002 5th Street, Hermosa Beach, California 90254
5Beds
5Baths
3,933Sqft
3,945Lot
Price Vs. Estimate
The estimated value ($3,182,065.01) is $612,934.99 (16%) lower than the list price ($3,795,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Hermosa View Elementary School (10/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3945, living area = 3933.
Compared to the nearby listings
Price:$3.79M vs avg $2.80M (+$995,000)66%
Size:3,933 sqft vs avg 2,600 sqft88%
Price/sqft:$965 vs avg $1.3K27%
More Insights
Built in 1999 (26 years old).
Condition: Built in 1999, this property is 25 years old. While described as 'move-in ready' and appearing well-maintained, the kitchen features dark speckled granite countertops and a mix of white and blue cabinets, which, while functional, reflect a style popular around its build year or an earlier renovation. The bathroom exhibits light wood cabinetry, beige stone countertops, and tile work, along with gold-toned light fixtures, all consistent with late 1990s/early 2000s aesthetics. These elements indicate that the property has not undergone extensive modern renovations within the last 15 years, aligning with the 'fair' criteria of being aged but maintained, with major components functional but showing signs of being outdated.
Year Built
1999
Close
-
List price
$3.79M
Original List price
$3.79M
Price/Sqft
$965
HOA
-
Days on market
-
Sold On
-
MLS number
SB25018792
Home ConditionFair
Features
Good View: Ocean, Peek-A-Boo
Deck
ViewOcean, Peek-A-Boo
About this home
A rare gem on a coveted corner in Hermosa Hills! Some homes catch your eye- this one captures your heart. Perched on a prestigious corner lot, this Santa Barbara-Montecito inspired estate is a masterpiece of design, light and space. With 5 bedrooms and 4 1/2 baths, it offers an effortless blend of coastal elegance and modern comfort. From the moment you step inside, soaring vaulted ceilings and an inviting, spacious floor plan. At almost 4,000 sq. ft. the expansive layout flows seamlessly for both entertaining and everyday living. Tucked away in the Hermosa Beach Hill section, this home embodies beachside tranquility with the space to breathe a rarity in this area. Zoned for top-rated schools and truly move-in ready, this is more than just a house- it is the sanctuary you've been searching for.
Nearby schools
8/10
Jefferson Elementary School
Public,•K-5•0.5mi
8/10
Beryl Heights Elementary School
Public,•K-5•0.5mi
10/10
Hermosa View Elementary School
Public,•K-3•0.7mi
8/10
Hermosa Valley Elementary School
Public,•4-8•0.7mi
8/10
Parras (Nick G.) Middle School
Public,•6-8•1.2mi
8/10
Redondo Union High School
Public,•9-12•1.0mi
Price History
Date
Event
Price
10/19/98
Sold
$462,500
12/23/20
Sold
$2,000,000
Condition Rating
Fair
Built in 1999, this property is 25 years old. While described as 'move-in ready' and appearing well-maintained, the kitchen features dark speckled granite countertops and a mix of white and blue cabinets, which, while functional, reflect a style popular around its build year or an earlier renovation. The bathroom exhibits light wood cabinetry, beige stone countertops, and tile work, along with gold-toned light fixtures, all consistent with late 1990s/early 2000s aesthetics. These elements indicate that the property has not undergone extensive modern renovations within the last 15 years, aligning with the 'fair' criteria of being aged but maintained, with major components functional but showing signs of being outdated.
Pros & Cons
Pros
Great Schools: Elementary School: Hermosa View Elementary School (10/10).
Prime Location & Corner Lot: Situated on a coveted and prestigious corner lot in the desirable Hermosa Hills, offering beachside tranquility and a rare sense of space in the area.
Spacious & Elegant Design: A Santa Barbara-Montecito inspired estate with nearly 4,000 sq. ft., 5 bedrooms, 4.5 baths, soaring vaulted ceilings, and an expansive, seamless layout ideal for entertaining.
Top-Rated School District: Zoned for top-rated schools, a significant draw for families seeking quality education in the Hermosa Beach area.
Move-in Ready Condition: Described as 'truly move-in ready,' indicating a well-maintained property that requires minimal immediate investment for new owners.
Ocean Views: The property boasts desirable 'Ocean, Peek-A-Boo' views, enhancing its coastal appeal and value.
Cons
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3945, living area = 3933.
Significant Price Discrepancy: The current listing price is approximately 16% higher than the property's estimated value, which could impact buyer interest and market duration.
Older Construction Year: Built in 1999, the property is older than some newer constructions in the area, potentially lacking the latest smart home technologies or energy efficiencies found in more recently built homes.
Limited Lot Size: With a lot size of 3945 sqft for a nearly 4000 sqft home, outdoor living space may be relatively constrained compared to properties with larger land parcels.