Does The Rain Stop Homes From Selling?…… Not Likely. See Todays Report…7 Day Market Update and Weekend Open House List- Hermosa Beach


3/2/18
7 New Active
2 In Escrow
7 Closed Sales
(see properties below)

48 Active Listings in Hermosa Beach
SFR- 23
TWNHS- 18
CONDOS- 4

Actives by Hermosa Areas:
Sand Section: 26 Active listings
Valley Section: 8 Active listings
East Hermosa: 14 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
840 Loma Dr #4 Listed for $1,495,000 3 bed/2.5 bath

840 Loma is a 4-unit complex that is steps to the sand. This home/condo is located on the southeast corner with ocean and Catalina views. It recently sold in March of 2016 for $1,155,000 after 143 days on market. Unit #2 sold in August of 2016 for $1,260,000.

1600 Ardmore #228 Listed for $719,000 2 bed/2 bath

1600 Ardmore is a 100-unit complex on Ardmore Ave just east of the greenbelt. This complex had 6 sales last year ranging from $525,000-$695,000. Unit #107, a 2 bed/ 2 bath just sold for $753K. Unit #228 last sold in 2013 for $440,000.

429 24th Listed for $3,999,000 6 bed/3 bath

429 24th is a modern Spanish single family home built in 2007. This home last sold in 2015 for $3,899,000. It was for sale last year for $4.2M before coming off the market. 419 24th is for sale next door listed at $1,799,000.

140 34th Listed for $4,989,000 4 bed/4.5 bath

140 34th was built in 2016 and is described as a 3 story Modern Farmhouse. This home is steps to the sand and has ocean views. It’s located in a great pocket of northern Hermosa, right along the Manhattan border.

15 15th #27 Listed for $1,049,000 2 bed/2 bath

15 15th is part of a 27-unit complex. This unit is located on the top southwest floor with nice ocean and Catalina views. Unit #12 sold last February for $1,050,000.

1500 Hermosa Listed for $3,875,000 4 bed/3.5 bath

1500 Hermosa was built in 2015 and last sold in 2016 for $3,400,000.

708 2nd Listed for $2,299,000 4 bed/3.5 bath

708 2nd is a two on a lot detached townhouse. This home was built in 2015 and has ocean views. It sold in 2015 for $$1,775,000.

IN ESCROW
429 Bayview Listed for $1,719,000 3 bed/3.5 bath

In 16 days, this home has a buyer. 429 Bayview is a two on a lot attached townhome with ocean views. This property last sold in 1997 for $ 497,000. The front unit, 430 Manhattan Ave., sold in 2015 for $1,640,000.

438 Hermosa Ave Listed for $2,948,888 4 bed/3.5 bath

After a $250K price reduction and a month and a half on the market, this one has a buyer. 438 Hermosa was built in 2015 and sold in 2016 for $2,975,000. This home has ocean views and a sand peak down the 5th walk street. Apparently the sellers purchased it as a vacation home and only used it a total of 28 days.

CLOSED
714 10th Sold for $1,750,000 4 bed/3.5 bath

In just a week and for approximately $50K under the list price, this home has sold. 714 10th is a detached townhouse between Ardmore and PCH. It has a rooftop deck and some ocean views.

614 Loma Dr. Sold for $1,575,000 3 bed/2 bath

After 3 ½ months and for $695K below the initial asking price, this one has closed escrow. 614 Loma is a single family home located in the sand section. This property last sold in 1970 for $37,500.

1707 PCH #303 Sold for $495,000 1 bed/1 bath

This condo sold in 4 days and for $16K over the asking price. 1707 PCH is a 72 unit complex on the west side of PCH. Some of the units have ocean view peaks. Unit#303 does not appear to have any views, however it is priced well. There are 2 other 1 bed 1 bath units that sold in January for $485K and $489K.

1600 Ardmore #107 Sold for $753,000 2 bed/2 bath

Another quick condo sale! Sold in 10 days for $54K over the list price. 1600 Ardmore is another big complex (100 units).

1720 Prospect Sold for $2,515,000 4 bed/3.5 bath

1720 Prospect is one of 2 new detached townhomes. 1724 Prospect is currently in escrow.

1865 Hillcrest Sold for $1,299,000 2 bed/1 bath

It took just over a month and a $151K price incentive for this property to sell. This home has some ocean views to the west. There have been 3 other sales on this street in the last year and a half (2016+, see below).

Address Original List Price Sold Price % price Days
1844 Hillcrest $1,329,000 $1,216,000 8.5% 75
1845 Hillcrest $1,395,000 $1,215,000 13% 73
2039 Hillcrest $1,299,000 $1,210,000 6.85% 64

1621 Golden Sold for $2,790,000 4 bed/4.5 bath

1621 Golden is one of 2 brand new detached townhomes. This home sold for just $9k below asking price in 8 days all cash.
1619 Golden sold for $2,799,000

1619 Golden Av Sold for $2,799,000 4 bed/4.5 bath

That was quick…1619 Golden sold for the list price. This is one of 2 brand new detached townhomes that hit the market last week.

7 New Listings (click to see)
2 In Escrow (click to see)
7 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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