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

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

41 Active Listings in Hermosa Beach
SFR- 21
TWNHS- 14
CONDOS- 6

Actives by Hermosa Areas:
Sand Section: 26 Active listings
Valley Section: 9 Active listings
East Hermosa: 6 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
726 1st Pl Listed for $1,400,000 4 bed/3.5 bath
726
It last sold in 2013 for $1,029,000. This detached townhome is just west of PCH and offers some ocean views. Another slightly larger unit in the same complex sold earlier this year for $1,450,000.
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IN ESCROW
659 30th Listed for $5,500,000 6 bed/5.5 bath
659
22 days on the market and they have a buyer. This single family home sold last year for $1.7M, when it was a 4 bed/2 bath (tear down). Now it is a 6/5.5 5775 sq. ft. New Construction. This is a new construction designed and built by Steve Lazar, a well-known local builder. It is a huge home on a 5000 sq. ft. lot that is priced at $952 sq. ft. The price tag is ceiling busting for the area of Hermosa between Ardmore and PCH.
There are only 2 properties that have ever topped this price tag in area 149 (Ardmore to PCH). One is pending and the other is still active:
714 Marlita $6,250,000 (Cancelled was on the market for 800 days)
2850 El Oeste $7,999,000 (In Escrow)

1723 Golden Ave Listed for $989,000 3 bed/2 bath
1723
It took 23 days to obtain a buyer. Golden last sold 11 years ago for $930,000. This detached townhome is just east of PCH and being sold AS-IS, in its present condition.
117 Lyndon St Listed for $1,598,000 3 bed/3.5 bath
117
This detached townhome, just steps from the beach, sold off-market in 2 hours! This home last posted a sale in 2002 for $901,500.
1435 Bonnie Brae St Listed for $2,299,000 4 bed/3.5 bath
1435
In just over 2 weeks this single family home is in escrow. This property last sold in 2004 for $1,575,000 when it was built.
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CLOSED
1512 Bayview Dr Sold for $1,310,000 2 bed/1 bath
1512
Sold for close to list price, only $40K under. This single family last sold in 2005 for $875,000.
1882 Valley Park Av Sold for $2,150,000 3 bed/2 bath
1882
A whopping $200K above list price. This one was on the market for 1 day before going into escrow and there was a ton of activity. This single family home last sold in 2012 for $1,235,000
2027 Harper Av Sold for $929,000 3 bed/2 bath
2027
Closed at list price. This one was only on the market for 5 days before going into escrow. It’s right on the eastern border of Hermosa and North Redondo and sits on a standard tall/skinny size lot (2499 sq. ft.), however it is a smaller single family home with 1248 sq. ft. It looks like a total remodel or tear down home, however the dirt is priced within a reasonable range that makes it possible to build. I wouldn’t be surprised if it was sold to a builder.
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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