7 Day Market Update and Weekend Open House List- Hermosa Beach

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4 New Listings (click to see)
5 In Escrow (click to see)
4 Closed Sales (click to see)

35 Active Listings in Hermosa Beach
SFR- 16
TWNHS- 13
CONDOS- 6

Actives by Hermosa Areas:
Sand Section: 27 Active listings
Valley Section: 4 Active listings
East Hermosa: 4 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
822 6th St Listed for $1,799,000 4 bed/3.5 bath
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This single family home one house east of PCH, last sold in 2005 for $1,365,010. It shows well and appears to be priced well.

1234
1234 6th (4 bed/3 bath, 3393 sq. ft., $529 sq. ft., 2004 built), listed at $1,795,000 is currently in escrow after 71 days on the market.

corner lot with west facing ocean views
902 6th (4 bed/4 bath, 2888 sq. ft., $519 sq. ft., 1987 built) sold earlier this year for $1,500,000.

77 15th ST #2 Listed for $959,000 2 bed/2 bath
77
77 15th is a 14-unit building, just steps from the beach. Unit #2 last sold in 2008 for $655K. Currently, unit #3 (2 bed, 2 bath, 959 sq. ft.) is listed for $839K with a sale pending. The last sale in this complex was in 2010, unit #11 (3 bed 3 bath) for $600K.

1723 Golden Ave Listed for $969,000 3 bed/2 bath
1723
Golden last sold 11 years ago for $930,000. This detached townhome just east of PCH, is being sold AS-IS in its present condition.

1221 Loma Dr. Listed for $1,950,000 3 bed/3.5 bath
1221
This attached townhome just steps from Pier Avenue, has a rooftop deck with some ocean views. It sold in 2011 for $1,299,000. It’s listed at $886 per sq. ft.
1427
1427 Monterey (3 bed, 4 bath, 2100 sq. ft. built in 2007) just sold for $2,200,000.
Rendering of 1220 and 1222 Cypress Ave. New Contemporary Town Ho
1220 and 1222 Cypress (2015 built new construction, however no views) one block east of Loma. are currently for sale in the $2.150- $2.2M range.

IN ESCROW
447 Herondo St #203 Listed $719,000 2 bed/2 bath
447
After only 18 days, this one has a buyer. 447 Herondo is a 30-unit building located on the southern most edge of Hermosa bordering South Redondo. There hasn’t been a sale in this building since 2012 when #103 (the unit below #203) sold for $525,000. Between 2010 and 2012, there were a total of 9 sales, all hovering in the $450-$550K range.

1428 Manhattan Ave Listed for $1,399,000 3 bed/2.5 bath
1428
Not surprising, it only took 16 days to find a buyer. This townhome hasn’t sold since 2001 when it closed for $635,000. It is currently listed at just under $1000 per sq. ft.

2804 Hermosa Ave Listed for $4,599,000 4 bed/3.5 bath
2804
2804 is a stunning 4 bed, 3 ½ bath Single Family Home with ocean views, located 1 house from The Strand, on a great stretch of Hermosa Avenue. It has been on the market several times over the past 5 years, last selling in 2013 for $3.6M. After 2 ½ months, it has a buyer.

1707 PCH #308 Listed for $347,000 1 bed/1 bath
1707
Not surprised this one found a buyer in only 8 days; it was priced to sell quickly. This unit sold last year for $360,000. There is currently 1 other unit in escrow and 2 other closed sales this year.
Unit # 125 Listed for $550K 2bed 2 bath (in escrow)
Unit # 409 Listed for $425K 1 bed 1 bath (SOLD)
Unit # 304 Sold for $575K 2 bed 2 bath (SOLD)

713 4th St #G Listed for $825,000 2 bed/3 bath
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This townhouse located in a 6 -unit complex just west of PCH, sold in 3 weeks. The current sellers bought it in 2011 for $570,000 as a bank-owned foreclosure. 705 4th #C, built the same year (1978, 1600 sq. ft.), just sold for $799K.

CLOSED
915 3rd Sold for $1,075,000 3 bed/2.5 bath
915
After 60 days, this one closed for just under the list price of $1,099,000. This Single Family just east of PCH has some nice upgrades and views of the ocean in the distance. This home sold as a short sale 2 years ago for $825,000.

507 Gentry St Sold for $1,350,000 4 bed/3 bath
Welcome to 507 Gentry! Beautiful tall and skinny in the hills of
It’s gone for $49,900 below the list price, however the market is bursting through new price barriers and inventory is still extremely low. The odds were in favor of this home and after 32 days, it’s closed. This property has been on the market 12 times since 2000. It last sold for $810,000 in 2009. It’s a tall, skinny located in the southern Hermosa Hill Section and sits on a 2450 sq. ft. lot.

1707 PCH #409 Sold for $425,000 1 bed/1 bath
1707
Sold for just $4k under list price. #409 is a 1 bed, 1 bath that has been remodeled and has small ocean views from the balcony. This unit last sold in 2007 for $409K. There were 3 sales in 1707 last year.

516 Prospect Sold for $1,550,000 3 bed/3 bath
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This one sold for $1K over list price. Even after 36 days, properties in this market can still sell for over list price. The current sellers purchased it in 2004 for $1,199,000. It has a roof top deck with big ocean views. They maximized the 2593 sq. ft. lot with a 3136 sq. ft. home.

If you have any questions about the previous properties or any other properties here in Hermosa Beach or the South Bay area, please call me directly at 310-613-1690.
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