7- Day Market Update- Hermosa Beach

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August 8th, 2014

10 Active Listings
5 Backup/Pending
6 Closed
1 Off-Market

ACTIVE

BACKUP:PENDING

CLOSEDOPENHOUSES

1512 Manhattan Ave Listed for $2,099,000
1512 MANHATTANAVE
This 3 bedroom, 3 bath, 2616 sq. ft. townhome was built in 1991, however it just had an A+ remodel done. At $800ish a sq. ft., its’ hard to find similar properties north of Pier Ave. with ocean views that have this to offer. That said, some of the new construction townhouses have sold in the $550-650 sq. ft range within the last year.

3224 Hermosa Ave Listed for $7,250,000
Front of Home
This single family is located in an A+ area of Hermosa. The price however, is breaking through the ceiling. It’s 4247 sq.ft lot with a 2 bedroom, 3 bath, 2800 sq. ft. home. The value is in the dirt and that would make it over $1700 per dirt sq. ft. That’s a huge #. See Dirt value

145 Ardmore Ave Listed for $1,179,000
145 ARDMORE
Ardmore has had it’s challenges. It has been for sale a number of times over the past few years, however never sold. Now it’s back…and in a better market. We will see?
July 3013 $1,049,000 Cancelled
January 2010 $895,000 Cancelled
June 2010 $919,000 Cancelled

118 Meyer Court Listed for $1,799,000
118 MEYER
118 Meyer/117 Barney Court
More brand new construction. Both of these townhomes were built by Steve Lazar, who has built a number of Hermosa homes, including the recent $4.6M sale at 2052 Manhattan Avenue. The rooftop decks offer a panoramic view. They have been finished with a modern plantation style (Tommy Bahama) that has been extremely popular recently. If you like south Hermosa east of PCH, you should take a look at these.

843 8th Place Listed for $990,000
843 8TH PLACE

431 11th St Sold for $1,350,000
431 11TH

2450 Hermosa Ave Sold for $3,250,000
2450 HERMOSA AVE

2624 The Strand Sold for $8,950,000
2624 THE STRAND
$8,950,000. Another huge sale on The Strand! This one had an all cash offer before anyone else could see it. This home was built in 1962 and was not recently updated, however it has an A-level location. It went into contract and closed within 14 days. That’s how quickly you can get things done when you have $9 Million in cash.

OFF-MARKET
338 26th   Asking $2,899,000
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Over $1100 sq. ft. and NOT new construction! Is the market that hot currently? One fact we know, inventory is low and it’s a sellers market. This is a 4 bedroom, 4 bath 2627 sq. ft. townhouse built in 2007. It has a rooftop deck with panoramic ocean views, high-end Viking/Sub Zero appliances, an elevator and is located 3 blocks from the beach in northern Hermosa.

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Post by Darren Pujalet

Darren has written 287 articles.

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