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The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 Property Information

The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The Gallery - 420 2nd Street, Hermosa Beach, CA 90254
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Address

Primary address 420 2nd Street, Hermosa Beach
Alternate address(es) 414 2nd St
Zip code 90254
County Los Angeles
Municipality Hermosa Beach

Sales & Tax Overview for 420 2nd Street, Hermosa Beach

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 08/19/2021
Sale price $112,500,000
Current property tax $1,344,836

Lot & Building Information for 420 2nd Street, Hermosa Beach

Building sqft 46,274
Total sqft 173,186
Building class Five or More Apartments or Units - 4 Stories or Less with Pool (0501)
Acreage 2.07 i
Buildings on lot 7
Units 168
Year built 1971
Year last altered 1977
Stories 4
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Hermosa Beach City Elementary School District

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Other Property Data for 420 2nd Street, Hermosa Beach

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  • • Improvements for 420 2nd Street, Hermosa Beach , including their type, square footage, grade and when they were built.
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About 420 2nd Street, Hermosa Beach

What is the year built & the total sq. ft. for The Gallery - 420 2nd Street, Hermosa Beach, CA 90254?

The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 was built in 1971 and has a total of 46,274 square feet.

What is the assessed value of The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 and the property tax paid?

Assessed at $122,098,059, the tax amount paid for The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 is $1,298,268.

When was The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 last sold and what was the last sale price?

The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 was last sold in 08/19/2021 for $112,500,000.

How many residential units does this building have?

This building has 168 residential unit(s).

Ownership Information

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Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 420 2nd Street, Hermosa Beach

Create a free account to view the complete sales history for 420 2nd Street, Hermosa Beach, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
08/19/2021 $112,500,000
08/19/2021 $41,625,000
       
       
       
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Title Documents for 420 2nd Street, Hermosa Beach

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
07/02/2024 Agreement
10/08/2021 Assignment Financing Statement
Assignment of Rents
Assignment Trust Deed
08/19/2021 Assignment Financing Statement
Assignment of Rents
Assignment Trust Deed
08/19/2021 Assignment of Rents
Financing Statement
Trust Deed
09/01/2036
08/19/2021 Lease
(35 - Year lease reappraisal - Single parcel sale)
08/19/2021 Grant Deed
08/19/2021 Grant Deed
02/26/2020 Easement
06/05/2008 Easement
10/26/2006 Deed
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R: Recorded date
D: Document date

Property Taxes for 420 2nd Street, Hermosa Beach

Access detailed property tax data for The Gallery - The Gallery - 420 2nd Street, Hermosa Beach, CA 90254. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $1,298,269
Current property tax $1,344,836
Market value $122,098,059

Special Assessments And Penalties for 420 2nd Street, Hermosa Beach

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
16851 Hermosa Beach Light Maintenance
16893 Hermosa Beach Sewer Service Charge
03694 La County Regional Park And Open Space District
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs

Assessment History for 420 2nd Street, Hermosa Beach

Here's the assessment & property tax history for 420 2nd Street, Hermosa Beach, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $122,098,059 1.0633 $1,298,269 +2.19%
2024-2025 $119,703,038 1.0613 $1,270,408 +2.36%
2023-2024 $117,132,446 1.0596 $1,241,135 +174.97%
2022-2023 $42,526,480 1.0614 $451,376 -46.23%
2021-2022 $79,096,187 1.0614 $839,527 +0.57%

Permits for 420 2nd Street, Hermosa Beach

The complete history of permits filed for 420 2nd Street, Hermosa Beach, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
05/28/2025
05/28/2025
05/28/2025
05/28/2025
05/28/2025
01/04/2024
07/14/2022
07/14/2022
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Hermosa Beach residential market stats

Median Sale Price
$2,365,000
5.1% YoY
Median Price/Sqft
$1,461
4.4% YoY
Los Angeles County Median Sale Price
$889,500
1.7% YoY

Access a detailed real estate market overview of Hermosa Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Hermosa Beach and compare it to other neighborhoods in Los Angeles County.

Demographics By Zip Code

Total population 19,248
Median age 42
Average household income $235,429
Family households 50.2%
Occupied housing units 8,922
Owner occupied units 50.7%
Average number of people per household 2
Median year structure built 1968
Median value for units with a mortgage $2,000,001
Median value for units without a mortgage $1,587,300

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 420 2nd Street, Hermosa Beach

Here are the neighbors for The Gallery - 420 2nd Street, Hermosa Beach.

Address Square feet Purchase date Purchase price
520 Loma Dr, Hermosa Beach 928 06/28/1994
222 Lyndon St, Hermosa Beach 2,016 01/05/2021
526 Loma Dr, Hermosa Beach 1,764 06/24/2004
144 Monterey Blvd, Hermosa Beach 4,346 01/29/2026
226 Lyndon St, Hermosa Beach 1,104 09/10/2020
415 Herondo St, Hermosa Beach 205,797 08/10/2021 $162,500,000
500 6th St, Hermosa Beach 900 02/05/2026
531 Cypress Ave, Hermosa Beach 2,064 07/09/2012
545 Cypress Ave, Hermosa Beach 2,477 09/26/2000
148 Monterey Blvd, Hermosa Beach 5,234 03/22/2024
152 Lyndon St, Hermosa Beach 1,020 08/04/2020
114 Monterey Blvd, Hermosa Beach 1,324
142 Monterey Blvd, Hermosa Beach 2,532 08/07/2007
216 Lyndon St, Hermosa Beach 2,048 05/17/2004
525 Cypress Ave, Hermosa Beach 1,500 07/17/1990 $50,000
530 Loma Dr, Hermosa Beach 3,310 04/21/2021
126 Monterey Blvd, Hermosa Beach 924 05/28/2025
148 Lyndon St, Hermosa Beach 06/15/2021
530 Cypress Ave, Hermosa Beach 2,400 02/06/2026
414 6th St, Hermosa Beach 1,212 07/26/1996 $250,000

Nearby ZIP Codes for 420 2nd Street, Hermosa Beach

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