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Hermosa Beach in Los Angeles County, CA has 11 HOAs collecting $3,175,224 from 605 households. Average Reserve Funding is 47.27% and Average Monthly Payment is $507.
Average Reserve Funding
47.27%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$507
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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