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

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

45 Active Listings in Hermosa Beach
SFR- 27

Actives by Hermosa Areas:
Sand Section: 28 Active listings
Valley Section: 7 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.

1285 14th St Listed for $1,079,000 3 bed/1.5 bath
This single family home is on the Hermosa/Redondo border at the end of a cul de sac.
1285 14th

935 1st St #A Listed for $995,000 3 bed/3 bath
Last sold in 2005 for $975,000, this attached townhome is just east of PCH and offers ocean views.

1216 Cypress Ave Listed for $1,899,000 4 bed/3.5 bath
This property last sold in 2009 for $1,053,000. That’s an 80% markup since 2009….not surprising given the craze of the current market. This attached townhome is set west of Valley and a few properties south of Pier Avenue.

1435 Bonnie Brae St Listed for $2,299,000 4 bed/3.5 bath
This single family last sold in 2004 for $1,575,000 when it was built.
1435 Bonnie Brae

1600 Ardmore Ave #321 Listed for $559,000 2 bed/2 bath
This 100-unit complex is just west of PCH. #321 last sold in 2010 for $393,000. There is currently one other active unit for sale, (#424 2 bed/2 bath, 1048 sq.ft.) that hit the market last week. #410 Sold in April of this year for $775,000 which is a 2 bed 2 bath 1071 sq. ft.

1016 17th St Listed for $1,849,000 4 bed/3.5 bath
2 weeks and this one has a buyer. 17th last sold in 2005 for $1,627,000. This detached townhome has ocean views and a gourmet kitchen.
Other similar size/location properties

Address               Type                       Price               Sq. Ft.                Built               Note
822 6th street    TOWNHOUSE    $1,799,000          3322                  2002             (Active, 29 days)
1234 6th street  SINGLE FAMILY $1,795,000         3393                  2004             (Pending, 83 days)

1882 Valley Park Listed for $1,950,000 3 bed/2 bath
This one was on the market for 1 day before going into escrow. This single family home last sold in 2012 for $1,235,000
1882 Valley Park

456 Ocean View Sold for $1,865,000 7 bed/4 bath/2 1/2 bath
2 bedroom, 2.5 baths, fireplace and formal dining area. Ocean vi
Sold for just $10K below asking price. It took 2 months and a major price reduction to get this one in escrow. This duplex hasn’t been on the market since 1984, when it sold for $152,000. It has a 5 bedroom, 2.5 bath owners unit and a 2 bedroom, 2-bath unit for rental income.

225 Valley Dr Sold for $965,000 3 bed/2 bath
This one sold for $15K above the asking price. This townhome is located in a 64-unit complex, 3 blocks from the beach. It last sold in 2012 for $749,000.

2035 Prospect Ave Sold for $1,850,000 4 bed/3.5 bath
$45K below asking and its sold. After 46 days on the market, this single-family new construction has closed. The lot sold last year over the summer for $699,000. It went from a 1 bed, 1 bath, 652 sq. ft. single-family tear down to a newly constructed 4 bedroom 3 1/2 baths with 2600 sq. feet. It looks like there was a nice builder profit for this new construction ($1,051,000 (after dirt cost) minus the cost to build 2600 sq. ft. and closing costs).

336 34th Sold for $1,687,000 3 bed/2 bath
$192K above asking price! This one went quick. It is located right on the northern edge of Hermosa and MB. It’s not surprising that it sold quickly.

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 direct at 310-613-1690.
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