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

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

31 Active Listings in Hermosa Beach
SFR- 15
TWNHS- 12
CONDOS- 3

Actives by Hermosa Areas:
Sand Section: 20 Active listings
Valley Section: 6 Active listings
East Hermosa: 5 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
1223 7th Place Listed for $1,250,000 3 bed/2.5 bath
1223
This single-family home is located just west of the Redondo/Hermosa border
and last sold in 2012 for $805K, as a short sale. It seems to be price in line with the
current market. See comparable sales below:
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2031 Prospect Ave Listed for $1,450,000 3 bed/2 bath
2031
This property was sold earlier in the year for $950K and was renovated. It looks really nice inside. I look forward to following this one.

IN ESCROW
1600 Ardmore Ave #327 Listed for $575,000 2 bed/2 bath
1600
It took just 10 days to find a buyer for this unit. 1600 Ardmore is a 100 unit complex West of PCH. This unit last sold in 1981 for $123K.
Currently there is one other active unit #128 for $650K 2 bed 2 bath
Last 3 sales for 2 bed 2 bath:
#321 Sold in Oct 2015 for $522,500
#424 Sold in Aug 2015 for $600,000
#410 Sold for April 2015 for $775,000

641 21st St Listed for $2,450,000 5 bed/3.5 bath
641
In just 10 short days, this one has found a buyer. This single family home is located just west of PCH on a fairly busy street and last sold in 2003 for $790K.

228 28th Ct Listed for $899,000 1 bed/1 bath
228
This one took almost 2 ½ months, however it has found a buyer. This property was on the market last year for just over a month priced at $830K but didn’t sell. It sits on a 973 sq. ft. undersized half-lot and last sold in 2012 for $660K.

CLOSED
444 Hermosa Ave #102 Sold for $1,475,000 3 bed/3 bath
444
Sold for $75K over list price. That was quick, just 3 days to find a buyer! This property is located in a 6-unit complex facing west toward the beach. This unit last sold in 2005 for $866K and is still the highest priced MLS recorded sale in the building. The last unit in this complex to sell was in 2009, for $831K

1300 The Strand #127 Sold for $540,000 1 bed/1 bath
1300
$15K below list price, but this one is gone.
1300 The strand, also known as The Beach House, is a vacation/investment condo (Condotel), which allows residents to stay up to 90 days per calendar year.
This condotel unit last sold in 2001 for $185K.
There is 1 other condo in this building for sale. It’s a 1 bed, 1 bath, listed for $699K.
Unit #312 sold in August for $800K, also a 1 bed, 1 bath, however this one was top floor and had panoramic ocean views.

159 Monterey Blvd #A Sold for $1,500,000 3 bed/3 bath
159
Sold for just over the list price and ALL CASH. This property was sold earlier this year for $1,090,000 and was remodeled, FLIPPED, and put back on the market for sale.

244 Longfellow Ave Sold for $2,400,000 6 bed/3 bath
244
Sold for $95K below list price ALL CASH, in less then 3 weeks . This duplex, just 1.5 blocks from the beach, is currently tenant occupied. The property next door is in escrow (smaller unit, same lot size) for $1.6M

801 Hermosa Ave Sold for $4,015,000 4 bed/5 bath/2 powder rooms
801
ALL CASH and its gone. This is a brand new construction. It’s over 4,000 sq. ft. with a huge roof top deck. This home sold in 2013 for $2M as a scraper (dirt value).

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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