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

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7 New Listings (click to see)
10 In Escrow (click to see)
5 Closed Sales (click to see)

52 Active Listings in Hermosa Beach
SFR- 41
TWNHS- 9
CONDOS- 2

Actives by Hermosa Areas:
Sand Section: 32 Active listings
Valley Section: 8 Active listings
East Hermosa: 12 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
1240 15th Listed for $1,349,000 5 bed/2.5 bath
1240
This single family home is located east of PCH almost to the Redondo border. The property last sold in 1977 for $96K.
Some other similar recent sales:
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516 24th ST Listed for $1,559,000 2 bed/1.5 bath
516
This single family home is located about 5 blocks from the beach. It sold in 2012 for $965K, however it appears there have been some upgrades since that time.

3005 Manhattan Av Listed for $2,298,000 3 bed/3 bath
3005
This one is located on the west side of Manhattan Avenue between Gould/27th and Longfellow. Since Highland ends at Longfellow (heading south) and Hermosa Avenue isn’t as accessible until you’re south of Gould/27th, a fair amount of traffic funnels through this stretch. It was last on the market and sold in 2011 for $1,318,500.

560 21 St Listed for $3,799,000 3 bed/4 bath
560
This is a single-family home with an 8498 sq. ft. lot that can be split (or is already split) into 2 separate lots. It’s a big price tag. Let’s see what happens? This home last sold in 1976 for $80K.

1222 11th St Listed for $1,189,000 2 bed/2 bath
1222
This is a single-family home east of PCH with an in-ground salt-water swimming pool, a rare find in the Hermosa Beach area. This home last sold in 2007 for $810K.

1520 Bayview Listed at $1,499,000 3 bed/2 bath
1520
This home is just blocks from the beach. It has peek-a-boo views and last sold in 2004 for $690K.
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160 Hill St Listed for $1,699,000 3 bed/4 bath
160
This home is located west of PCH and a block from the greenbelt in south Hermosa. It was last on the market in 2011 for $949K, but didn’t sell after 74 days. This home last sold in 1985 for $105K.

IN ESCROW

1600 Ardmore #219 Listed for $559,000 2 bed/1 bath
1600
It took just over 3 weeks, and this unit has a buyer. This complex is popular and units often come up for sale. There are 100 properties in this complex. Check out the closed section to see what price unit #231 sold for. #219 last sold in 2005.

1526 Silver Listed for $1,450,000 4 bed/3 bath
1526
After just 2 months and a price reduction, this single-family home east of PCH has a buyer. The home last sold in 1994 for $325K. It offers nice city views to the east from downtown and the mountains to PV.

598 1st Listed for $1,420,000 3 bed/3.5 bath
598
This one found a buyer quickly….16 days. It’s an attached townhome, built in 2007, on the Hermosa/Redondo Border, just north of Herondo St. and west of PCH.

340 27th St Listed for $2,099,000 3 bed/2.5 bath
340
340 27th St is located 4 houses west of Valley Park and just a few short blocks from the beach. This property last sold in 2013 for $1,425,000. It was for sale last year for $2,399,000, however it didn’t sell.

1074 7th St Listed for $2,125,000 4 bed/3.5 bath
1074 7th
This is one of 2 brand new detached townhomes located one lot away from Prospect. 1074 is slightly bigger, offering 200 more sq. ft. of living space. The lot sold pre-construction in 2015 for $1.1M.

15 15th ST #14 Listed for $889,000 2 bed/2 bath
15
This one first hit the market in March for $975K, which was the highest initial asking price ever in this complex by more than $100K. After too little action, the listing cancelled. They came back on the market a month ago for $889K and it is now in escrow. It’s part of a 27-unit condo complex located a few feet from the beach. This property last sold in 2004 for $551K.
There were 2 sales last year in this complex.
15 15
2030 Prospect Ave Listed for $1,590,000 3 bed/3 bath
2030
After just 3 weeks and a price reduction of $59K, this home has a buyer. It is located just east of PCH and has ocean views from the rooftop deck. It last sold in 1997 for $210K prior to the remodeled in 2004.

1500 Hermosa Ave Listed for $3,485,000 4 bed/3.5 bath
1500
This one first hit the market in February at $3,899,000….which was breaking asking price. After 2 price reductions, they have a buyer. These brand new pair of attached townhomes are located 1 block to the water, close to Pier Ave and have huge ocean views looking right down 15th street. This lot was purchased in 2013 for $1,725,000 before these twin townhomes were built. Although they are pushing the realm of price, you simply cannot find another product that offers what these two have.

1707 Pacific Coast #408 Listed for $424,000 1 bed/1 bath
1707
This one didn’t even make it a week before finding a buyer. It last sold in 2007 for $415,000.

517 24th Listed for $1,880,000 4 bed/3 bath
517
This one sold off-market and was listed as “in escrow” when it hit the Multiple Listing Service.

CLOSED
23 19th St Sold for $4,350,000 3 bed/3.5 bath
23
This was quick…after 11 days this single family home sold for $350K above list price…all-cash. This property is 3 homes from the sand. It’s located on a walk-street, which can be a rare find in north Hermosa.

832 3rd St Sold for $1,100,000 3 bed/3 bath
832
After 3 price reductions and almost 3 months on the market, this single family home sold for $174K below the initialing asking price. This property last sold in 2001 for $450K.

920 8th Pl Sold for $1,515,000 3 bed/3.5 bath
920
Sold for $15K above the asking price in 2 months, this is a single family home is located just east of PCH. It last sold in 2013 for $1,160,000. That’s a nice price improvement in 3 years.

1720 Ardmore #204 Sold for $650,000 2 bed/2 bath
1720
This unit sold off-market for $11K over the initial listing price. It last sold in 1997 for $165K.

733 Beach Drive Sold for $4,670,000 4 bed/3.5 bath
733
It took 2 price reductions and about 4 ½ months on the market, however this home sold for $529K below the initial asking price of $5,199,000. It is located one house from the strand and has ocean views down the walk street to the sand and ocean. This home last sold in 2008 for $4,375,000.

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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