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Hermosa Beach in Los Angeles County, CA has 12 HOAs collecting $3,217,224 from 615 households. Average Reserve Funding is 46.66% and Average Monthly Payment is $490.
Average Reserve Funding
46.66%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$490
Part of this payment is used to cover operational expenses. The other part is saved in the Reserve Fund to cover future maintenance.
Averages
FindMyHOA
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