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57 14th Ct, Hermosa Beach, CA 90254

3 beds, 1 bath, 837 sqft
Off Market
Zestimate®: $5,263,548
Rent Zestimate®: $7,054/mo
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PRICE IS FOR A TOTAL OF FIVE, contiguous, full, street to ally, lots on 14th street, West of Hermosa Ave. Acquisition of this lot is subject to purchase of the remaining total. This includes 48 14th street (4183-003-008), 57 14th ct. (4183-003-009), 65 14th ct (4183-003-010), 68 14th st (4183-003-011) and 70 14th st. (4183-003-126). 4 of the lots have remodel single family homes, which are currently rented and the fifth is a parking lot also rented. You can view the rental income from the attached flyer. Great residential land bank opportunity or commercial development opportunity, or sell as individual lots in the future. This is adjacent to public parking structure, hotel and steps to the beach and park. NOTE: one of the lots is for parking and does not have a residence on it. These lots are being presented as a land bank assemblage with existing income from residential single family homes. Brokered And Advertised By: NWRE Brokers Listing Agent: Jeffrey Butscher  MoreLess
 
Facts
  • Lot: 3,049 sqft
  • Single Family
  • Built in 1941
  • Last sold: Dec 2004 for $1,295,000
Construction
  • Unit count: 1
Other
  • Floor size: 837 sqft
  • Last remodel year: 1911
  • Parcel #: 4183003009
  • Zillow Home ID: 20424667
Home Values
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$5,263,548
+$1,270,662 Last 30 daysd
$1.53M
$7.47M
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$7,054/mo
-$255 Last 30 daysd
$4.4K
$14K
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Neighborhood for 57 14th Court

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Zillow predicts 90254 home values will increase 4.3% next year, compared to a 4.3% increase for Hermosa Beach as a whole. Among 90254 homes, this home is valued 333.8% more than the midpoint (median) home, and is valued 781.9% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 90254 market, the number of foreclosures waiting to be sold decreased 7.5% in the last year. The number of unsold foreclosures is 281.7% higher than in Hermosa Beach, and 65.8% lower than the national average. This higher local number may prevent 90254 home values from rising as quickly as other regions in Hermosa Beach.

Learn more about forecast calculations or 90254 home values.
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