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

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

62 Active Listings in Hermosa Beach
SFR- 43
TWNHS- 16
CONDOS- 3

Actives by Hermosa Areas:
Sand Section: 34 Active listings
Valley Section: 10 Active listings
East Hermosa: 18 Active listings
Screen Shot 2016-06-24 at 11.26.12 AMScreen Shot 2016-06-24 at 11.26.19 AMScreen Shot 2016-06-24 at 11.30.17 AMScreen Shot 2016-06-24 at 11.30.47 AM
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
317 27th St Listed for $1,700,000 2 bed/2 bath
317
This single family home is located 2 blocks from the sand. The home last sold in 2012 for $959K. It’s on a standard sized north/south sand section lot. This is a busy section of 27th street after Artesia becomes Gould and then funnels into 27th (west of Valley Drive).
2 other recent 27th sales:
317 27th

430 Longfellow Listed for $2,699,000 3 bed/2.5 bath
430
The sand section has been collecting inventory. This home was purchased in 1998 for $405K. It is priced at $1073 per sq. ft. That doesn’t appear to be an excessive price for this market, however it’s on a busier street…Longfellow. I’m watching this one. I think it’s a good indicator of how the market intensity is….hot or not?
See how the house looked in 1998
430 before
1942 The Strand Listed for $10,000,000
1942
This is a dirt proposition on the corner of The Strand and the 16th walk street. This lot and the lot to the south were purchased last year for $15M. Now they have been split and the corner is back up for sale.

325 Reynolds Listed for $1,799,000 5 bed/4 bath
325
This is brand new construction that is almost finished. It sits right on the Hermosa/Redondo border. The tax records show that the dirt was sold for $315,000 in 2013 as a foreclosure. That is an extremely low price for a 3000 sq. ft. lot anywhere in Hermosa. The location is challenging though, sitting on an alley facing Redondo. However, the price is very reasonable compared to other Hermosa locations.

617 Longfellow Listed for $1,800,000 4 bed/2 bath
617
Another Longfellow property for sale! This is a duplex about 5 properties east of the greenbelt. This home last sold in 2010 for $980K. There are 6 townhomes being built sitting on 3 different lots to the west. They were 3 different duplexes prior to the new construction.
The dirt was sold for:
$1,650,000 605 Longfellow Sold in 2014
$1,625,000 609 Longfellow Sold in 2014
$1,625,000 613 Longfellow Sold in 2014
$1,710,000 601 Longfellow Sold in 2014 (sold across the street)

1720 Ardmore #118 Listed for $525,000 1 bed/1 bath
1720
This is a 71-unit complex located close to Pier Ave, overlooking the greenbelt.
There hasn’t been a 1 bedroom for sale in this complex since December of last year, unit #125. It sold for $425K.

840 Loma #2 Listed for $1,300,000 3 bed/2.5 bath
840
This is an attached townhome that is part of a 4-unit community. Unit #4 sold 3 months ago for $1,155,000. Unit #3 was on the market this year for a month at $1,099,000…however didn’t sell.

245 Valley Listed for $899,000 3 bed/2.5 bath
245
We just listed this end unit townhome. It’s boasting one of the best locations in the coveted Pacifica Villas complex, with views of South Park and the Green Belt. This townhomes living area extends to a large patio with Green Belt views and has high ceilings that create an open, airy feeling.
Other recent sales in Pacifica Villas:
245 Valley
821 9th St Listed for $1,229,000 3 bed/1.5 bath
821
This is a single-family home just east of PCH. This home was purchased in 1991 for $415K.
Here are some similar sales over the last 6 months:
821 9th
1032 6th St Listed for $2,199,000 4 bed/3.5 bath
1032
This is a detached townhome located east of PCH. This property was on the market in 2014 for $2.1M, however it didn’t sell after a month on the market. It looks and shows well. I won’t be surprised to see this one move.

594 1st St Listed for $1,399,999 3 bed/4 bath
594
This townhome last sold in 2010 for $979K. This home is located on the Hermosa/Redondo Border. Currently the neighbor at 598 1st is in escrow and was listed at $1,420,000 and last year 596 1st sold for $1,275,000.
Here are some other currently listed and sold comps:
594 1st
IN ESCROW
160 Hill St Listed for $1,699,000 3 bed/4 bath
160
That was quick, 9 days and they have a buyer! It was last on the market in 2011 for $949K, and didn’t sell after 74 days. It last sold in 1985 for $105K.

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.

2468 Silverstrand Ave Listed for $2,350,000 4 bed/3 bath
2468
This triplex has two, 1bed/1bath units with a 2-bed/1-bath unit above them. Although it likely does not pencil as a great income investment, the land and location give it its value. This property last sold in 2004 for $1,362,500. (Picture above is conceptual design)

1520 Bayview Listed at $1,499,000 3 bed/2 bath
1520
In 2 weeks, this home has a buyer. Bayview is a few blocks from the beach, located between Manhattan Avenue and Monterey. This one has peek-a-boo views and last sold in 2004 for $690K.

536 Pine Ave Listed for $2,250,000 4 bed/3.5 bath
536
It took 2 ½ months to find a buyer. This is one of 2 brand newly constructed townhomes located just east of PCH in the Hermosa Hill Section. They were designed by Doug Leach and offer views of the ocean. 530 Pine is still up for grabs.

850 1st St Listed for $750,000 2 bed/2 bath
850
This is a 14-unit townhome community located just east of PCH on the Hermosa/South Redondo border. This unit last sold in 1986 for $159K. I’m not surprised to see this one in escrow quickly.

401 31St Listed for $3,195,000 4 bed/3.5 bath
401
This home sold within 1 week of hitting the market. The top floor is filled with glass windows and has a really nice indoor/outdoor living feel.
This home sold in 2009 for $800K prior to the new build.

CLOSED
1106 1st St Sold for $1,015,000 2 bed/2 bath
1106
It took a small price reduction of $60K and a little less than a month for this single family home to sell. The property last sold in 2001 for $419K. 1104 1st (a similar property, although 3 bedrooms) just closed for $1,080,000.

801 Loma Sold for $1,700,000 2 bed/3 bath
801
This detached townhome found a buyer in 19 days and sold for $85K below the asking price. The property last sold in 2006 for $1,170,000

1221 10th St Sold for $1,000,000 3 bed/1 bath
1221
This home last sold in 2007 for $785K. It looks like it may have had a buyer before it hit the market?

1218 6th St Sold for $1,250,000 3 bed/2 bath
1218
This one went quickly, 8 days, for $49K below asking price. This single family home is located in the Hermosa Hills and last sold in 2001 for $612,500.

2215 Manhattan Ave Sold for $4,575,000 5 bed/5.5 bath
2215
This is a brand new single family home located just a few short blocks to the beach. It appears it sold before hitting the market. This lot was purchased in 2014 for $1,250,000.

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.
DarrenContact copy

Leave A Reply With Facebook

comments

Hermosa Beach Home Search Hermosa Beach Home Values

Post by Darren Pujalet

Darren has written 287 articles.

Previous post:

Next post: