The Sun Is Shining And The Market Is Gleaming…7 Day Update and Weekend open house list- Hermosa Beach

4/20/18
11 New Active
6 In Escrow
4 Closed Sales
(see properties below)

51 Active Listings in Hermosa Beach
SFR- 26
TWNHS- 15
CONDOS- 3

Actives by Hermosa Areas:
Sand Section: 31 Active listings
Valley Section: 10 Active listings
East Hermosa: 10 Active listings




This is a market snapshot of Hermosa Beach Real Estate over the last 7 days. We are not presenting these properties as our listings. Click the IDX link above to see the recent Active, Pending and Closed properties in HB.

NEW ACTIVE
2481 Valley Dr Listed for $1,990,000 3 bed/2 bath

2481 Valley is a single family home west of PCH with a pool. This home is located on the west side of valley with Greenbelt views. It last sold in 1973 for $9,500.WOW! Even though the price tag seems to be slightly rich, this property and it’s location have a lot to offer.

1650 Manhattan Listed for $2,575,000 8 bed/6 bath

1650 Manhattan is currently a 4-unit building with a front house and back house that has 2 units. However moving forward, it the new owner chooses to build, they will be limited to a single family home due to its current R1 zoning status.

101 Lyndon Listed for $2,780,000 3 bed/4 bath

101 Lyndon is a 4 unit condo 1/2 block from The Strand and the Hermosa/South Redondo border. It recently sold in 2016 for $1,792,000. That’s a huge spread in 2 years.

1720 Ardmore #319 Listed for $725,000 2 bed/2 bath

Large and well-maintained pool and spa

1720 Ardmore #319 is a top floor, end unit with peek a boo ocean views. Last year only 3 sales occurred in this 71-unit complex….one being a top unit 2 bed 2 bath #324 for $685,000. This unit last sold in 2016 for $665,000.

824 3rd Listed for $1,299,000 3 bed/2 bath

824 3rd is a single family home in east Hermosa and has ocean views and an updated kitchen. This home sold in 2001 for $400K.The only blaring concern is its proximity to PCH (just a few homes away).

2311 Park Ave Listed for $2,199,000 2 bed/2 bath

2311 Park is a single family home 3 blocks to the sand and water. This home has ocean views and was built in 2000. It last sold in 2009 for $1,155,000. It is currently priced at almost $1700 sq. foot. It’s hard to tell much from the photos. We will watch this one.

2934 Hermosa Ave Listed for $2,999,000 3 bed/3.5 bath

2934 Hermosa is a 2 on a lot attached townhome, ½ block from the beach. This home has Catalina and Ocean views. It last sold in 2011 for $1,799,000.

22 The Strand Listed for $7,495,000 4 bed/4.5 bath

22 The Strand was on the market for almost 3 months and has been relisted and reduced by $400K. A neighboring property, 12 The Strand, is on the market priced at $6,680,000.

2032 Hillcrest Listed for $1,499,000 3 bed/2 bath

2032 Hillcrest is in east Hermosa and has peek a boo views. 1928 Rhodes just sold for $1,480,000 which was updated and had ocean views.

3001 Tennyson Listed for $2,700,000 4 bed/3 bath
3001 Tennyson has big ocean views from the top of the hill and was renovated in 2011. 648 Longfellow, which is around the corner, sold for $2.3M in December of last year.

1851 Rhodes Listed for $2,595,000 4 bed/3 bath

1851 Rhodes in east Hermosa with ocean views. The home has been completely remodeled throughout. It last sold in 1996 for $638K. We’re not sure about the pricing….there are only 2 photos of the property. It is located jsut yards away from PCH, so we don’t know how it will factor into the buyer demand.

IN ESCROW
917 24th Listed for $1,390,000 4 bed/3 bath

It took about 3 weeks to find a buyer. 917 24th is a single family home located west of prospect. Unfortunately, the photos were not very impressive….I guess the aggressive price attracted a quick buyer.

300 28th Listed for $4,199,000 4 bed/4.5 bath

This one went into escrow quickly! 300 28th St is a single family home in the sand section of Hermosa. It was built in 2002 and boasts panoramic ocean views. This home sold 2 1/2 years ago for $3.4M. It looks like they have done a fair amount of work to this property since they bought it. We’re not surprised that it sold quickly.

1050 9th Listed for $1,650,000 3 bed/3 bath

After more than 3 months and a $149K price reduction, this one is in escrow. 1050 9th is a single family home located a few homes west of Prospect with a nice backyard and ocean views to the north off in the distance. This home last sold in 1995 for $265K.

337 26th St Listed for $2,100,000 3 bed/2 bath

It took 18 days to find a buyer for this one. 349 26th, a similar size lot and location, just sold for $1,850,000 OFF-MARKET. That would likely be the benchmark value for a developer wishing to build on this lot.

221 28th St Listed for $2,699,000 2 bed/2 bath/1 pwd

It was in escrow once and didn’t stick. 221 28th St is a single-family home (classic beach bungalow) located 2 blocks from the sand. It sold off-market in 2015 for $2,450,000.

1707 PCH #408 Listed for $519,000 1 bed/1 bath

1707 PCH is a 73 unit complex located on the west side of PCH. Unit #303 just sold for $495K. This unit sold in 2016 for $430,000.

CLOSED
940 5th Sold for $1,700,000 3 bed/2.5 bath

This home sold in 11 days for $50K over the asking price. 940 5th is a detached townhome with ocean views. It last sold in 2004 for $1,1500,000. They priced it right, attracted multiple buyers and the price shot up.

845 14th Sold for $1,255,000 2 bed/2 bath

Sold for $55K over the asking price. 845 14th is a cute 2 bed, 2 bath home with peek-a boo ocean views. There is potential to live here or rent it, then later build a bigger home on the lot. This home last sold in 2008 for $790K.

1638 Hermosa Sold for $3,500,000 4 bed/3.5 bath

After 275 days and for $799K below the original asking price, this one has sold. 1638 Hermosa is a brand new construction (part of a 2 on a lot-see 1635 palm below) located about 2 blocks north of Pier Avenue. The land sold in 2007 for $1,750,000 prior to building 2 new townhomes.

53 9th St Sold for $4,080,000 5 bed/6.5 bath

53 9th has been on and off the market since 2014 and finally closed sale. It is a single-family home built in 2004 that is steps to the beach, has ocean views and a rooftop deck. It was purchased in 2005 for $3.3M.

11 New Listings (click to see)
6 In Escrow (click to see)
4 Closed Sales (click to see)

If you have any questions about the previous properties or any other properties here in Hermosa Beach or the South Bay area, please call or text me direct at 310-613-1690 or email me at dronp@aol.com.

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