The Real Estate Market Push Before The End Of 2017! 7 Day Market Update and Weekend Open House List – Hermosa Beach


12/1/17
3 New
2 In Escrow
2 Closed Sales
(see properties below)

34 Active Listings in Hermosa Beach
SFR- 19
TWNHS- 8
CONDOS- 3

Actives by Hermosa Areas:
Sand Section: 22 Active listings
Valley Section: 7 Active listings
East Hermosa: 5 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
501 Herondo #14 Listed for $950,000 2 bed/2.5 bath

501 Herondo is a 75-unit complex located a few blocks to the sand. Herondo is the Hermosa/Redondo border, so this property is located on the southern edge of the Hermosa Sand section. Unit #72 sold in March for $945K and unit #49 sold in January for $995K.

224 Bayview Listed for $1,499,000 3 bed/2 bath

224 Bayview is located in the sand section a few hundred yards to The Strand. It is a duplex with 2 units;
2 bed 1 bath upstairs and a 1 bed 1 bath unit downstairs. This property last sold in 2004 for $850K.

736 Gould #5 Listed for $1,349,000 3 bed/2.5 bath

736 Gould is a 33 unit complex tucked in the south west corner of Gould and PCH directly behind Hotel Hermosa. Unit #3 is also currently listed for $1,399,000 and has been on the market for 56 days. There have been 4 sales in this complex over the last 2 years. See below:

IN ESCROW
648 Longfellow Listed for $2,300,000 4 bed/3.5 bath

That was quick, in less than 2 weeks this one is in escrow. 648 Longfellow is located in the Hermosa valley section with some ocean views. This home last sold in 2002 for $1,099,000. The prices are jumping up, even east of Ardmore.

1325 Loma Drive Listed for $1,395,000 2 bed/2 bath

It took around 7 weeks and a $54K price reduction to find a buyer. 1325 Loma is a classic 1940’s beach cottage. This home sold in the beginning of 2014 for 924K. It’s located next to commercial and 1 property in from Pier Avenue. This property has traded a few times since the last downturn.

CLOSED
1215 9th Sold for $1,270,000 3 bed/1 bath

It only took 2 weeks and a $29K price adjustment for this home to sell. 1215 9th is 8 houses east of prospect and could potentially have ocean views if a 2nd story was added. This home last sold for $860K in 2013. Turnkey properties like this have a lot of demand in this market.

1048 8th Sold for $1,818,000 3 bed/3 bath

1048 8th sold off market. This home is located two houses west of prospect with ocean views. This home last sold in 2013 for $1,355,000.

3 New Listings (click to see)
2 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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