Hermosa Market: They are Selling Quicker Than Inventory Is Hitting The Market! 7 Day Market Update and Weekend Open House List – Hermosa Beach

11/1/19

4 New Active

6 In Escrow

4 Closed Sales

(see properties below)

62 Active Listings in Hermosa Beach

SFR- 32

TWNHS- 20

CONDOS- 8

Actives by Hermosa Areas:

Sand Section:             39 Active listings

Valley Section:             8 Active listings

East Hermosa:             15 Active listings

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

842 8th St Listed for $1,995,000 4 bed/3.5 bath

842 8th is a detached townhome built in 2001, located just east of PCH. This home has ocean views and last sold in 2015 for $1,6275,000. 1074 and 1072 7th, which were built in 2016, sold for $2,062,500 and $2,050,000.

528 The Strand Listed for $6,499,999 4 bed/3 bath/1 pwd

528 The Strand is a triplex on the South end of Hermosa.  This property has 3 units (two 1 bed 1 bath and one 2 bed 1.5 bath) This property sold 2 years ago for $5.6M. 

162 Monterey Listed for $1,599,000 3 bed/2.5 bath

162 Monterey is part of a 3 on a lot attached townhome community. This home has ocean views from the rooftop deck.  311 Culper, a few properties away, is currently active for $1,860,000.

858 Loma Dr #B Listed for $1,825,000 3 bed/3.5 bath

858 Loma is a 2 on a lot attached townhome with a rooftop deck. This home last sold for $1M in 2013.

IN ESCROW

546 11th #A Listed for $1,299,000 2 bed/2.5 bath

In 28 days and $30K price reduction this home is in escrow.  546 11th #A is a 3 on a lot attached townhome. This home sold last year for $1,225,000.

1932 Ava Listed for $1,399,000 3 bed/2 bath

In 2 weeks, this home has a buyer. 1932 Ava is a beach cottage built in 1947 with a nice backyard. It has a ton of potential and is in an accessible price point for Hermosa.

1202 20th Pl Listed for $1,250,000 2 bed/1 bath

In 2 ½ months and after a $75K price reduction, this home is in escrow. 1202 20th was built in 1953, however it has been remodeled and has a beach cottage vibe. This property just sold in May of this year for $855,000. That is a huge increase. Let’s see what happens with this one.

1287 7th Pl Listed for $1,398,000 4 bed/3.5 bath

In 20 days, this home has a buyer. 1287 7th is on the Hermosa/Redondo border. It last sold in 1987 for $379,000. 

945 1st Listed for $1,150,000 2 bed/2 bath

After 3 months, this home has a buyer. 945 1st is part of a 4-unit complex on the Hermosa Redondo border, just east of PCH. This home has some ocean view and upgrades.

22 The Strand Listed for $6,495,000 4 bed/4.5 bath

After $500K in price reductions, this home has a buyer. It started at a list price of $7,895,000 in April of 2018.

CLOSED

1220 17th Sold for $2,200,000 4 bed/4 bath

After only 2 months and a $300K discount, this home has sold. 1220 17th is a detached townhome built in 2005 with ocean views. This home found a buyer after 2 ½ months. This home sold last year for $2,335,000.

1223 1st Sold for $800,000 2 bed/2 bath

After 1 day and for $50K below asking price, this home has a new owner. 1223 1st is a single-family home that appears to have found a buyer off-market. This home last sold in 1995 for $223,500. 

520 Pine Sold for $2,787,500 4 bed/3.5 bath

Another new construction east of PCH. These detached town homes look well built. 

667 Longfellow Sold for $2,200,000 3 bed/3 bath

After 5 1/2 months, this home has sold. 667 Longfellow is a single-family home with panoramic ocean views from the renovated rooftop deck. 663 Longfellow (2 doors to the west) is also in escrow, listed at $2,345,000.

4 New Listings (click to see)

6 In Escrow (click to see)

4 Closed Sales (click to see)

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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Post by Darren Pujalet

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