Los Angeles County  »  90254  »  2nd St  »  420 2nd St

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

Also known as: 420 2nd St

Property image for The Gallery - 420 2nd Street, Hermosa Beach, CA 90254
static Mapbox map

Property type

Five or More Apartments or Units - 4 Stories or Less with Pool (0501)

Year built

1971

Acreage

2.07

Sale price

$112,500,000

General Information

Unlock this property report with a free account

Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
420 2nd St
Hermosa Beach, CA 90254
Zip code
90254
County
Los Angeles
Municipality
Hermosa Beach

Owner

Find out who owns The Gallery - 420 2nd Street, Hermosa Beach, CA 90254. Uncover corporate and individual owners with a free account.

Building
Property type
Five or More Apartments or Units - 4 Stories or Less with Pool
Building sq. ft.
46,274
Buildings on lot
7
Stories
4 or less
Year built
1971
Last altered
1977
Sales
Sale date
08/19/2021
Sale price
$112,500,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$1,323,752
Zoning & use
Zoning
Qualified opportunity zone
Units
168
Lot
Acreage
2.07

Area overview

Walk score
86 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
84 /100.  Very Bikeable
School district
Hermosa Beach City Elementary School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership

Ownership information for The Gallery - 420 2nd Street, Hermosa Beach, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for The Gallery - 420 2nd Street, Hermosa Beach, CA 90254

Sale date Sale price Buyer name Seller name
08/19/2021 $112,500,000 XXXXX XXXXXXX XXX XXX-XXXXXXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX
08/19/2021 $41,625,000 XXX XXX XXXXXX XXXXXX XXXXX XX XXXXX XXXXXXX XXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
07/02/2024 Agreement XXXXX XXXXXXX XXX XXXXX XXXXXXX XXX
10/08/2021 Assignment Financing Statement
Assignment of Rents
Assignment Trust Deed		 XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX X X XXXX XXXXXXXX XXXXXXXXXXX XXXXXXX
08/19/2021 Assignment Financing Statement
Assignment of Rents
Assignment Trust Deed		 XXXXXXXX XXXXX XXXXXXX XXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
08/19/2021 Assignment of Rents
Financing Statement
Trust Deed		 XXXXX XXXXXXX XXX XXXXXXXX XXXXX XXXXXXX XXX
08/19/2021 Lease
(35 - Year lease reappraisal - Single parcel sale)		 XXX XXX XXXXXX XXXXXX XXXXX XX XXXXX XXXXXXX XXX
08/19/2021 Grant Deed XXXXX XXXXXXX XXX XXX XXX XXXXXX XXXXXX XXXXX XX
08/19/2021 Grant Deed XXX-XXXXXXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXXX XXXXXXX XXX
02/26/2020 Easement XXX-XXXXXXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXXXXXXX XXXXXX XXXXXXX
06/05/2008 Easement XXX XXXXXXXX X XXX
10/26/2006 Deed XXXXX XXXXXXXX XXX XXX XXXXXXX XXXXXXXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for The Gallery - 420 2nd Street, Hermosa Beach, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$1,323,752
Current property tax
$1,380,710
Recent tax assessments
Market value
$124,494,661
Land value
$45,957,362
Building value
$78,251,726

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y 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%
2020-2021 $78,291,416 1.066235 $834,770 +4.17%
2019-2020 $75,263,017 1.064751 $801,364 +2.96%
2018-2019 $74,005,748 1.0517 $778,297 +1.05%
2017-2018 $72,326,299 1.0649 $770,235 +4.30%
2016-2017 $70,913,227 1.0414 $738,469 +1.98%

Special assessments & penalties for The Gallery - 420 2nd Street, Hermosa Beach, CA

Code Description Tax levied
00754 Consolidated Fire Protection District Of La County- Measure E
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
06280 South Bay Cities Sanitation District
37581 West Basin Mwd Standby Charge
06111 West Vector Mosquito
Permits

Permit information for The Gallery - 420 2nd Street, Hermosa Beach, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
06/16/2026
05/28/2025
05/28/2025
05/28/2025
05/28/2025

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

Hermosa Beach residential market stats

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.

Median sale price

$2,312,500

-17.4% Y-o-Y

Median price/sq. ft.

$1,359

2.3% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Demographics by ZIP code

Total population
19,063
Median age
42.7
Average household income
$236,178
Family households
50.2%
People per household (average)
2.13
Occupied housing units
8,934
Owner-occupied units
50.6%
Median year structure built
1968
Median value mortgaged units
$2,000,001
Median value unmortgaged units
$1,680,600

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for The Gallery - 420 2nd Street, Hermosa Beach, CA

520 Loma Dr, Hermosa Beach 222 Lyndon St, Hermosa Beach 526 Loma Dr, Hermosa Beach 144 Monterey Blvd, Hermosa Beach 226 Lyndon St, Hermosa Beach 415 Herondo St, Hermosa Beach 500 6th St, Hermosa Beach 531 Cypress Ave, Hermosa Beach 545 Cypress Ave, Hermosa Beach 148 Monterey Blvd, Hermosa Beach 152 Lyndon St, Hermosa Beach 114 Monterey Blvd, Hermosa Beach 142 Monterey Blvd, Hermosa Beach 216 Lyndon St, Hermosa Beach 525 Cypress Ave, Hermosa Beach 530 Loma Dr, Hermosa Beach 126 Monterey Blvd, Hermosa Beach 148 Lyndon St, Hermosa Beach 530 Cypress Ave, Hermosa Beach 414 6th St, Hermosa Beach

Nearby ZIP codes for The Gallery - 420 2nd Street, Hermosa Beach, CA

90045, Los Angeles County, CA 90245, Los Angeles County, CA 90250, Los Angeles County, CA 90260, Los Angeles County, CA 90274, Los Angeles County, CA 90277, Los Angeles County, CA 90293, Los Angeles County, CA 90301, Los Angeles County, CA 90303, Los Angeles County, CA 90501, Los Angeles County, CA 90503, Los Angeles County, CA 90504, Los Angeles County, CA 90505, Los Angeles County, CA 90506, Los Angeles County, CA 90717, Los Angeles County, CA

Frequently asked questions

What is the year built for The Gallery - 420 2nd Street, Hermosa Beach, CA 90254?

The development at The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 was built in 1971.

What is the total square footage of The Gallery - 420 2nd Street, Hermosa Beach, CA 90254?

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

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

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

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

The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 is currently assessed at $122,098,059.

What are the property taxes for The Gallery - 420 2nd Street, Hermosa Beach, CA 90254?

The property taxes for The Gallery - 420 2nd Street, Hermosa Beach, CA 90254 total $1,298,268.

How many residential units does this building have?

This building has 168 residential unit(s).

Disclaimer

Copyright 2003-2026 by PropertyShark.com

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

Sign up for a free account