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

UPDATE_HEADER
9 New Listings (click to see)
3 In Escrow (click to see)
0 Closed Sales (click to see)

49 Active Listings in Hermosa Beach
SFR- 27
TWNHS- 12
CONDOS- 9

Actives by Hermosa Areas:
Sand Section: 32 Active listings
Valley Section: 11 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
446 Monterey Blvd H2 Listed for $1,050,000 3 bed/2 bath
446
This is a 34 unit complex located west of Valley. It last sold in 2005 for $830K. Unit #3F sold this year for $1,104,000 and unit 2D sold for $990,000 at auction. Both of them were 3 bedroom units.
575 19th St Listed for $1,699,000 3 bed/3 bath
575
This is single family just west of Valley is a full lot (4656 sq. ft.) with building potential. Last sold in 2001 for $675K. It went active then immediately went on hold. Here are some other comparables.
575 19th
502 Longfellow Listed for $1,787,000 3 bed/2 bath
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It last sold in 1994 for $374K. The rumor is that the home & lot across the street, 513 Longfellow, is in escrow for $1,800,000…however it has a 4014 sq. ft. (vs. 3141) lot with a Manhattan Beach address. 513 sold off market. 502 Longfellow is priced at $1238 sq. ft. and is located on the corner of Longfellow and Morningside, 4 homes west of Valley.
26 9th St Listed for $5,650,000 5 bed/4.5 bath
Front of house
26 9th last sold in 2013 for $4M. This single family home is just steps to the beach and boasts amazing ocean views. If this sells for the asking price, it would equal a 41% increase in 2 years. The neighbor (similar property) next door just closed escrow for $4.7M.
26 9th

435 8th St Listed for $815,000 1 bed/1 bath
Front of the house
The last recorded sale for 435 8th was in 1987 for $145,000. This single family home is on a lot of 1002 sq ft. just west of Valley. This is truly a beach bungalow.
435 8th

1617 Hermosa Ave Listed for $3,500,000 4 bed/3.5 bath
1617
It sold in 2013 for $1.2M as a 3 bed 2 bath 1100 sq ft house. The brand new custom built 4 bed 3.5 bath, 2780 sq ft has a roof top deck and is located 1 block from The Strand.

1617 Hermosa Ave Before
1617before
632 The Strand Listed for $5,900,000 3 bed/2.5 bath
632
This is part of a 4 unit condo complex on The Strand. This property was on the market in 2011 for $3,990,000 but didn’t sell, however this is a new market and the outside has been updated.
1720 Ardmore #117 Listed for $735,000 3 bed/2 bath
1720
Last sold in 2003 for $439,000
No sales this year and only 1 other active listing unit #124 2/2 Listed for $569,000
Last 3 sales:
Unit #203 2 bed/2 bath Sold for $485K
Unit #221 2 bed 2 bath Sold for $505,000
Unit # 225 1 bed 1 bath Sold for $397,000
The last 3 bed 2 bath to sell in that complex was unit #317 in 2012 for $595K

1901 PCH Listed for $1,799,000 2 bed/2 bath 3000 COMMERCIAL
1901
This is a commercial/Residential property, which was home to SC Escrow on the west side of PCH.. The upstairs unit is a 2 bed 1 bath. This property last sold in 2010 for $1,249,000.
IN ESCROW
215 Valley Dr Listed for $879,000 2 bed/2.5 bath
215
It took just 11 days to find a buyer. This attached townhouse last sold in 1975 and is just west of Valley, located in a 64-unit complex. There have been 2 other sales in the complex this year:
225 Valley Sold for $965,000 3 bed 2.5 bath
427 2nd St Sold for $978,300 3 bed 2.5 bath

1600 Ardmore Ave #424 Listed for $615,000 2 bed/2 bath
1600
After one month and a $14K price reduction, they secured a buyer. This condo is in a 100-unit complex and last sold in 2004 for $468,000.
There has only been one sale in this complex in 2015…unit #410 (2 bed 2 bath) for $775,000.

713 4th St #G Listed for $830,000 2 bed/3 bath
713
29 days and this one has buyer. This 6-unit townhouse is just west of PCH. It sold 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

No closings this week.

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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