If at first you don’t succeed…try again??? Let’s see! 7 Day Market Update and Weekend Open House List- Hermosa Beach

UPDATE_HEADER
10/21/16
4 New Listings (click to see)
7 In Escrow (click to see)
7 Closed Sales (click to see)

48 Active Listings in Hermosa Beach
SFR- 31
TWNHS- 10
CONDOS- 4

Actives by Hermosa Areas:
Sand Section: 29 Active listings
Valley Section: 9 Active listings
East Hermosa: 10 Active listings
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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
856 Cypress Av Listed for $1,425,000 3 bed/1 bath
856
This is a single-family home that has an R3 zoning, located in the Hermosa Sand Section just west of the greenbelt. This property was on the market earlier this year for $1.350,000 but didn’t sell. This home last sold in 1983 for $135K. It will likely be sold for land value.

733 Beach Dr Listed for $4,799,000 4 bed/3.5 bath
733-png
This single family home is one house in from the strand. It has ocean views down the walkstreet to the sand and ocean. It just sold in June of this year for $4,670,000 and prior to that in 2008 for $4,375,000. That is a $130K increase in just a few months. The buyers must have had 2nd thoughts?

820 9th St Listed for $1,200,000 3 bed/1 bath
820
This is a single-family home is located 1 house east of PCH. This home was on the market in 2007 and 2008 for $949,999 but didn’t sell. This is being sold with adjacent commercial lot.

902 17th Listed for $2,590,000 3 bed/3.5 bath
902
This brand new detached townhome is located west of Prospect with ocean views in the distance.

IN ESCROW
526 24th Place Listed for $2,299,000 3 bed/2.5 bath
526
In only 6 days this one has a buyer. This single family home has been completely remodeled and is located ½ block west of Valley. It sold off market in 2014 for $1,550,000. 601 24th (the other side of Ardmore) just sold in September for $2,207,000.

517 Hermosa Ave Listed $2,599,000 3 bed/3.5 bath
517
After 6 months and a $100K price reduction, this one is in escrow. It is a single family home just a few steps from the beach with ocean views from the roof top deck. This home last sold in 2010 for $1.5M.

2108 Loma Dr Listed for $1,900,000 3 bed/2 bath
2108
After a few price reductions and about 4 months on the market, this property has a buyer. It’s a single family home on the east side of Loma overlooking the valley section and the greenbelt. 1946 Loma just went into escrow (listed at $1,160,000) with a much bigger lot.

2640 Hermosa #5 Listed for $830,000 2 bed/2 bath
2640
After 34 days, a buyer has come forward. This is a 7-unit complex located a few steps to the sand in northern Hermosa. This condo last sold in 2011 for $520K.Unit #2 was on the market for 55 days last year at $1,000,000…however no takers.

653 10th Listed for $1,899,000 4 bed/3.5 bath
653
This is one of two brand new construction attached townhomes that are located on the west side of PCH, east of Ardmore. This unit has ocean views from the rooftop deck.

945 1st Listed for $930,000 2 bed/2.5 bath
945
That was quick! In 2 weeks, this property is in escrow. This home is part of a 4-unit townhome complex located a few properties east from PCH on the Hermosa/ Redondo border. It’s an attached townhome that last sold 3 years ago for $670K.

430 Longfellow Listed for $2,699,000 3 bed/2.5 bath
430
This home was purchased in 1998 for $405K. After 102 days and a 300K price reduction, this one is in escrow.
See how the house looked in 1998.
430 before
CLOSED
650 11th St #B Sold for $1,275,000 3 bed/2.5 bath
650
This 3-unit attached townhome is located between Ardmore and PCH, a few properties from the greenbelt. It last sold in 2013 for $950K and unit #A sold for $1,005,000 at the end of 2012.

1032 6th St Sold for $1,975,000 4 bed/3.5 bath
1032
This is a detached townhome located east of PCH. This property was on the market in 2014 for $2.1M, however it didn’t sell after a month on the market. It looks and shows well. We’re not surprised to see this one move.

1820 Palm Sold for $1,400,000 2 bed/2 bath
1820
This single family home is 2 short blocks from the beach. It was on the market in 2013 for $1.2M but didn’t sell. However after 2 months and for almost $300K below the original asking price, it has closed escrow.

719 21st Listed Sold for $2,425,000 3 bed/2.5 bath
719
This home sold quickly! After 5 days and $174K off the initial asking price, this home has sold. 719 21st is located 3 properties west of PCH and is part of a 4 unit townhome community. This townhome last sold in 2012 for $1,649,000.

909 3rd Sold for $1,750,000 3 bed/2.5 bath
909
This brand new single-family home was sold off market. This lot was purchased in 2015 for $750K when it was a 504 sq. ft. 1 bed 1 bath home.

3320 The Strand Sold for $8,350,000 3 bed/3.5 bath
3320
This home has sold ALL cash for $445K below the initial asking price. It was on the market earlier this year, but didn’t sell.

1044 14th St Sold for $2,225,000 5 bed/4.5 bath
1044
1044 14th is a single family home on the east side of PCH, sitting up on Hermosa’s Hill Section. It last sold in 2014 for $1,225,000 (as 1325 Owosso Avenue). It was purchased as a flip and remodeled.
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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