The Sun Is Shining And Some New Inventory Is Springing Up! 7 Day Market Update and Weekend Open House List – Hermosa Beach


3/24/17
4 New Listings
1 In Escrow
4 Closed Sales
(See properties below)

44 Active Listings in Hermosa Beach
SFR- 26
TWNHS- 14
CONDOS- 2

Actives by Hermosa Areas:
Sand Section: 25 Active listings
Valley Section: 10 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
1430 Bonnie Brae Listed for $1,295,000 2 bed/2 bath

This home is actually considered a duplex. The home is 2/1 and the detached unit in the rear is studio with 1 bathroom. The property last sold in 1986 for $185K. 1229 9th St sold in December for $1,175,000.

12 The Strand Listed for $7,980,000 4 bed/4 bath

Another strand home for sale! If you’ve been following this blog, then you’ve seen many of these pop up over the past several months. This one is located on the Hermosa/Redondo Border. There are 3 stories with tenants occupying the lower 2 floors. This home last sold in 2005 for $3M. Below the active Strand homes in Hermosa Beach (not including Manhattan Beach Stand homes, another 8 active + 1 pending).

1043 Sunset Listed $2,199,000 3 bed/3.5 bath

This is part of a 7-unit condo complex located a few blocks to the sand.
The unit directly next door just closed sale a month ago (Feb. 14th) for $1,875,000.
It was the same size property and originally priced at $1,900,000.
1043 Sunset last sold in 2003 for $955K

702 5th St Listed for $1,375,000 3 bed/2 bath

This duplex has a 2 bed/1 bath and 1 bed/1 bath and is located 8 houses west of Ardmore. This home last sold in 1994 for $245K.

IN ESCROW
1222 7th Place listed for $2,295,000 4 bed/3 bath

This single family home was purchased in 2014 for $875K (lot value, originally a 2 bed 2 bath 1100 sq. ft. home.). Fast forward 2 years, this brand new 2017 4 bed, 3 bath 2800 sq. ft. house has ocean and city views.

CLOSED
2108 Loma Dr Sold for $1,375,000 3 bed/2 bath

After almost 7 months and $525K below the original asking price, this property has sold. It’s a single family home on the east side of Loma overlooking the valley section and the greenbelt.

501 Herondo #72 Sold for $945,000 2 bed/2.5 bath

Sold for $46K above the asking price! This is a 75-unit complex located on the north/east corner of Herondo and Valley. Unit #49 just sold on 1/11 for $995K. This unit (#72) last sold the year it was built, 1987 for $174K.

3224 Hermosa Ave Sold for $7,750,000 2 bed/2 bath

This single family home is located a block from the sand and Strand. This property sold in 2015 for $6,425,000 after 238 days on market. That’s a $1,325,000 mark up in 1 year for the same property. The property is basically a tear down and will likely become a new build in the near future.

155 1st Court Sold for $1,800,000 4 bed/3.5 bath

This home first hit the market in September for $1,895,000, however it didn’t sell. The property is located a few blocks from the beach with ocean views from the rooftop deck. It last sold in 2007 for $1,350,000

4 New Listings (click to see)
1 In Escrow (click to see)
4 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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