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540 1st St

Hermosa Beach, CA 90254

3 bd 3 ba 1,509 sqft Built 1991 Lot 23,731 sqft condos
Most recent sale
$1,673,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Listed $1,670,000 MLS #22-172987
Jun 27, 2022 Sold $1,673,000 MLS #22-172987
Apr 22, 2009 Sold $770,000 Public Record
May 2, 1997 Sold $265,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $355,079 $1,420,320 $1,775,399 $19,370
2024 $355,079 $1,420,320 $1,775,399 $18,840
2023 $341,292 $1,365,168 $1,706,460 $18,450
2022 $364,041 $570,335 $934,376 $10,279
2021 $356,903 $559,152 $916,055 $10,131
2020 $353,244 $553,419 $906,663 $10,072
2019 $346,318 $542,568 $888,886 $9,865
2018 $339,528 $531,930 $871,458 $9,526
2017 $332,871 $521,500 $854,371 $9,454
2016 $326,345 $511,275 $837,620 $9,053
2015 $321,443 $503,596 $825,039 $8,880
2014 $315,147 $493,732 $808,879 $8,598
2013 $275,000 $432,000 $707,000 $7,559
2012 $254,000 $399,000 $653,000 $7,007
2010 $299,289 $468,886 $768,175 $8,185
2009 $191,353 $143,797 $335,150 $3,665
2008 $187,601 $140,978 $328,579 $3,591
2007 $183,923 $138,214 $322,137 $3,508

Property facts

Year built
1991
Property type
condos
Stories
Beds
3
Baths
3
Living area
1,509 sqft
Lot size
23,731 sqft
ZIP code
90254
City
Hermosa Beach
Street
1st St
Coordinates
33.85430, -118.39266

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,038
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 540 1st St last sell?
540 1st St most recently sold on Jun 27, 2022 for $1,673,000.
What is the current tax assessment for 540 1st St?
The most recent total assessment for 540 1st St (year 2025) is $1,775,399 with $19,370 in property tax.
How does 540 1st St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,673,000.
When was 540 1st St built?
540 1st St was built in 1991.
How does 540 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 540 1st St?
540 1st St is a 3 bed, 3 bath, 1,509 sqft, 23,731 sqft lot condos.
Is 540 1st St a flip candidate?
No — 540 1st St does not appear in our flips dataset.
Is 540 1st St a tax-appeal candidate?
No — 540 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.9%
Implied 1-yr
+15.8%
2026 Q3
$4.71M
2026 Q4
$4.83M
ZIP 90254 — Median Price History + Forecast

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