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

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

52 Active Listings in Hermosa Beach
SFR- 38
TWNHS- 10
CONDOS- 4

Actives by Hermosa Areas:
Sand Section: 30 Active listings
Valley Section: 9 Active listings
East Hermosa: 13 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
1501 Palm Listed for $3,485,000 4 bed/4.5 bath

1501

This Starr designed newly constructed attached townhome is in its final stages of completion. It is located just a short stroll to the sand and has ocean views right down 15th street. This lot was purchased in 2013 for $1,725,000 prior to building the 2 current townhomes.
165 Manhattan Listed for $1,995,000 3 bed/4 bath
165

This detached townhome is just steps from the beach. This property last sold in 2008 for $1,250,000. I look forward to watching this one.
IN ESCROW
856 Cypress Av Listed for $1,350,000 3 bed/1 bath
856

After just 2 weeks, this one has a taker. This is a single-family home that has an R3 zoning, located in the Hermosa Sand Section just west of the greenbelt. This home last sold in 1983 for $135K.

Here is another recent sale down the street.
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736 Gould Ave #7 Listed for $1,249,000 3 bed/2.5 bath
736

It took almost 3 months and a price reduction, however this unit found its buyer. The property is located in a 33-unit townhome community, just west of PCH and offers panoramic views toward the ocean. It last sold in 1987 for $250K. Wow…that’s appreciation. Last year there were 3 other sales in this complex, see below:
736 Gould
719 24th Pl Listed for $1,599,000 3 bed/1 bath
719

In just 15 days this one has a buyer. It is a single-family home just west of PCH. The value is in the land and potential ocean views.
920 10th St Listed for $1,230,000 3 bed/2 bath
920

After just 3 weeks and a $70K price reduction, this single-family home that last sold in 1970 for $35K, has a buyer.See below, 2 others similar size lot and house sales (938 13th has considerable upgrades though).
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CLOSED
1511 Golden Ave Sold for $1,000,000 2 bed/1 bath

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That went quick! It was in escrow within 1 day and closed All Cash in 30 days for $95K below the list price. This property is located east of PCH a single family home built in 1948 with amazing potential. This property last sold in 1996 for $215K.

2094 Manhattan Ave Sold for $2,400,000 4 bed/2 bath
2094

This single family home has a prime corner location on Circle and Manhattan Avenue with ocean views, just 2 blocks from the beach. It sold for $550K below list price, for all cash.
444 Prospect Sold for $1,275,000 4 bed/2.5 bath
444

After a $124K price reduction this one has sold. This is a legal duplex located just east of PCH. This property last sold in 1972 for $45K.
1145 1st St Sold for $1,100,000 3 bed/2 bath
1145
This one was also quick! In 1 week, this home sold for $15K above the asking price. It’s located east of PCH and has ocean views from the rooftop deck. It last sold in 2008 for 880K.
1801 Monterey Blvd Sold for $3,790,000 4 bed/3.5 bath
1801

1801 Monterey was for sale last year ($3,999,000). However it didn’t sell and was relisted with a different agency. It just sold for $109K below the new asking price. This single family, located a few blocks from the beach, has big ocean views from the crest of Monterey. It last sold in 2011 for $2.5M.

121 16th Sold for $2,150,000 3 bed/2 bath
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This was an off-market sale that we just closed for our happy seller. We will also be representing the new development coming next year. The value was is in the land and the ocean views. Stayed tuned for more on this one.

 

If you have any questions about the previous properties or any other properties here in Hermosa Beach or the South Bay area, please call or text me direct at 310-613-1690 or email me at dronp@aol.com.
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