Happy Friday 13th! The Good Ones Are Selling Quickly…However There Is Still A Fair Amount Of Stale Inventory. 7 Day Market Update and weekend open house list – Hermosa Beach


4/13/18
3 New
4 In Escrow
2 Closed Sales
(see properties below)

45 Active Listings in Hermosa Beach
SFR- 28
TWNHS- 14
CONDOS- 1

Actives by Hermosa Areas:
Sand Section: 28 Active listings
Valley Section: 8 Active listings
East Hermosa: 9 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
220 4th Listed for $1,900,000 3 bed/3.5 bath

220 4th is located in the sand section on Hermosa, it has some ocean view from every level. This home was last sold in 2005 for $1,450,000. It’s a big number, however inventory is still very low.

2704 Hermosa Ave Listed for $2,828,000 2 bed/2 bath

2704 Hermosa is a directly across from the strand and offers great ocean views. This home last sold in 1987 for $320K. With this location and inventory as low as it is, I suspect this one will move quickly.

647 7th Listed for $2,250,000 4 bed/2 bath

This 1968 home has been remodeled inside and out with quartz counters, hardwood floor and stainless appliances. It was purchased in 2013 for $889,000 (before it was remodeled). It seems like a big #….I will be watching this one.

IN ESCROW
106 Monterey for Listed $1,099,000 2 bed/1.5 bath

That was quick…1 week and this one has a buyer. 106 Monterey, the “Painted Ladies”. These 6 side-by-side units are reminiscent of the famous Painted Lady homes in San Francisco. 112 Monterey next door sold for $949K last spring 2017.

122 Bayview Dr. Listed for $1,375,000 3 bed/2 bath

In 2 short weeks this home is in escrow. 122 Bayview is a single family home a few blocks from the beach that offers ocean views. The lot footprint is only 902 sq. ft. This home last sold in 2012 for $850K.

1600 Ardmore #219 Listed for $599,000,000 2 bed/1 bath

After being on the market for over 30 days and a $21K price amendment, this condo has a buyer. 1600 Ardmore is a 100 unit complex on the east side of the greenbelt. Unit #105 sold for $665,000 in October of last year.

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

That was quick!. 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
1921 Power St Sold for $5,962,430 6 bed/4.5 bath

It took over 5 months and for $130K below asking price, however this home has sold. It sits on a 13,000+ sq. ft. lot in Hermosa west of Valley! 1921 Power is located on a private street/extension. This home was built in 1999 and has a saltwater pool, wine cellar, and a recording studio. It last sold in 2004 for $2.7M.

330 28th Sold for $2,599,000 3 bed/2 bath

330 28th was on the market in early November for just over a month,
and then taken off the market. After a month back on the market this year, it has sold for the asking price. . In 2008, this home sold for $1,449,000.

3 New Listings (click to see)
4 In Escrow (click to see)
2 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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