Summer Is Officially Here…The Market Is Heating Up. Lots Of Over Asking Sales! 7 Day market Update and Weekend Open House List-Hermosa Beach


6/22/18
13 New Active
2 In Escrow
6 Closed Sales
(see properties below)

59 Active Listings in Hermosa Beach
SFR- 32
TWNHS- 19
CONDOS- 5

Actives by Hermosa Areas:
Sand Section: 36 Active listings
Valley Section: 10 Active listings
East Hermosa: 13 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
1430 Bonnie Brae Listed for $1,599,000 2 bed/3 bath

1430 Bonnie Brae is a completely remodeled duplex. This home was on the market last year and sold for $1,180,000. It was then completely remodeled over the past year and is now on the market.

535 Monterey Listed for $2,285,000 3 bed/2 bath/2 pwd

535 Monterey is the rear unit of a two on a lot attached townhome. There are ocean and Catalina views.

1120 Palm Dr Listed for $3,495,000 4 bed/4.5 bath

1120 Palm is a brand new detached townhome on Palm and Pier Avenue. 1121 Manhattan Ave the other side of these 2 detached townhomes is in escrow with a list price of $3,795,000.

2131 Hermosa Ave Listed for $4,275,000 4 bed/4.5 bath

2131 Hermosa is a single family home built 11 years ago. This home last sold in 2012 for $3M.

509 3rd Listed for $1,399,000 2 bed/2.5 bath

509 3rd is part of an 11 unit townhome community located on the east side of the greenbelt. This home last sold in 2013 for $875K.

240 Monterey Listed for $2,295,000 3 bed/3.5 bath

240 Monterey is a detached townhome close to the Redondo beach border. The rooftop deck has ocean views. In 2008 this home sold for $1,535,000.

1707 Pacific Coast Hwy #409 Listed for $565,000 1 bed/1 bath

1707 PCH is 73 unit complex on the west side of PCH. Unit 509 is currently in escrow listed at $579,000. This home last sold in 2015 for $429,000.

1600 Ardmore #108 Listed for $719,000 2 bed/2 bath

1600 Ardmore is a 100 unit complex. There are currently 2 other units for sale. #301 2 bed 1 bath for $779K and #317 1 bed 1 bath for $649,500. Unit 107, a 2 bed 2 bath, sold in February for $753K.

621 9th Listed for $1,575,000 3 bed/2.5 bath

621 9th is an attached townhome west of PCH and east of Ardmore. This home last sold in 2009 for $830K.

702 Loma Listed for $2,425,000 3 bed/3.5 bath

702 Loma is part of a brand new 3 on a lot free standing detached townhome complex. In 2015 this home last sold for $930,000. 700 Loma is a on the market as well for $2,575,000.

1344 Manhattan Listed for $1,999,000 2 bed/3 bath

1344 Manhattan is an attached townhome 1 lot north of Pier Avenue. The rooftop deck offers ocean views. This property has actually been on the market for 43. It was on earlier and recently relisted.

700 Loma Listed for $2,575,000 3 bed/3.5 bath

700 Loma and 702 Loma (see above) is part of a brand new detached townhome.

1600 Ardmore #301 Listed for $779,000 2 bed/1 bath

1600 Ardmore #301 is the second unit in this complex to hit the market this week. The interesting thing about this unit is that it’s a top floor, corner condo.

IN ESCROW
3205 Highland Listed for $2,995,000 4 bed/3 bath

3205 Highland, which sold in 2016 for $2,550,000, has a new buyer. Plans have been approved by coastal and the city of Hermosa that allow for a 4,800 sq. ft. Home new build.

617 7th Listed for $2,449,000 4 bed/3.5 bath

In 3 weeks, this one found a buyer. 617 7th is part of a brand new 2 on a lot attached townhomes, located one home east of Ardmore. This 4361 sq. foot lot was purchased in 2014 for $1,250,000 prior to the new build.

CLOSED
702 11th Sold for $1,740,000 4 bed/2.5 bath

702 11th found a buyer in 4 days and sold for $15K above asking price. This home is part of a 3 on a lot and it has ocean views.

320 Hermosa Ave #202 Sold for $1,225,569 2 bed/2 bath

Sold for over $30K over list price in just 11 days! 320 Hermosa Ave #202. sold last year for $980K and quickly went under renovations. With a peek of the ocean and a fresh look, it went quickly. This is the highest price paid ever in this building by….you might have guessed, $235K. Prior to the $980 sale last year, the next highest price ever was $879,000.

1630 Monterey Sold $4,079,000 4 bed/4.5 bath

Another quick sale! In 9 days, this one sold. 1630 Monterey is in the sand section perched up on the crest, giving it some nice ocean views. This home sold last in November of last year for $3.9M. I’m not sure why the buyers changed their minds and turned into sellers so quickly!

2481 Valley Dr Sold for $1,850,000 3 bed/2 bath

This one sold for $140K below asking price in 1 week. 2481 Valley is a single family home west of PCH with a pool. This home is located right on Valley (busy street) with Greenbelt views. It last sold in 1973 for $9,500.WOW!

1830 PCH Sold for $1,630,000 3 bed/2.5 bath

After 3 months and $29K discount, this one has sold. 1834 PCH is in escrow and 1832 PCH is active.

1022 7th Sold for $2,450,000 5 bed/4 bath/2 pwd

In 1 week, this home sold for $61K over asking price. 1022 7th is a brand new 3 on a lot detached townhome with ocean views. The land was purchased in 2009 for $780K prior to the new build.

13 New Listings (click to see)
2 In Escrow (click to see)
6 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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