A lot of escrows closing! 2017 is almost here??? 7 Day Market Update and Weekend Open House List-Hermosa Beach

3 New Listings (click to see)
3 In Escrow (click to see)
8 Closed Sales (click to see)

41 Active Listings in Hermosa Beach
SFR- 28

Actives by Hermosa Areas:
Sand Section: 24 Active listings
Valley Section: 5 Active listings
East Hermosa: 12 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.

401 31St Listed for $3,249,000 4 bed/3.5 bath
This one just sold for $3.2M in July then immediately went back on the market with the buyer’s agent. It sat for 80 days as the weeds grew. Now it is back on the market with a new agent out of Long Beach. It’s a brand new 2016 single family home (never lived in) on the northern edge of Hermosa. The top floor is filled with glass windows and has a really nice indoor/outdoor living feel. The bottom feels slightly more confined. This home sold in 2009 for $800K prior to the build.

834 1st Listed for $769,000 2 bed/2.5 bath
This is a 14 unit townhouse complex located on the Hermosa/Redondo Border slightly east of PCH. It last sold in 2005 for $700K. 844 1st, a similar unit, sold for $810K in October.

839 6th St #4 Listed for $769,900 2 bed/2.5 bath
This is a small 7 unit complex a few properties east of PCH. Last year, unit #7 sold for $790K.

1239 9th Listed for $1,188,000 3 bed/1.5 bath
After 72 days on the market, this single family home has found a buyer. It is located east of Prospect, approximately 6 homes from Redondo.

535 Hollowell Listed for $2,399,000 5 bed/4 bath
After a $100K price reduction and 105 days on the market, this 2016 single-family build is in escrow. The dirt was purchased for $800,000 in 2014.

1707 PCH #327 Listed for $495,000 1 bed/1 bath
1707 PCH is a 72 unit complex located on the west side of PCH. This unit last sold in 2007 for $452K. Below is the activity this year on the complex:

2011 Prospect Sold for $1,585,000 4 bed/3 bath
This one is listed as 0 days on market. It likely sold off-market. This single family home is 2 blocks east of PCH. The home last sold in 2009 for $1,125,000.

1600 Ardmore #203 Sold for $616,000 1 bed/1 bath
This unit was sold for $17K above the asking price. There are 100 units in the building (The Commodore).

37 20th Sold for $4,394,375 3 bed/2.75 bath
After 2 weeks and for $104K below the initial asking price…this one has sold. It is located on one of the highly desirable walkstreets in Hermosa, a few steps to the sand. I’m not surprised it went quickly.

717 3rd Sold for $885,000 2 bed/3 bath
717 3rd is part of a 7-unit complex that sits 2 properties west of PCH. This complex was completely renovated in 2004. The last sale in the complex was 723 3rd that sold for $879K in 2015.

594 1st St Sold for $1,300,000 3 bed/4 bath
This townhome last sold in 2010 for $979K. It is located on the Hermosa/Redondo Border. The neighbors, 598 1st sold for $1,410,000 this year and 596 1st sold for $1,275,000 in 2015.

653 10th Sold for $1,800,000 4 bed/3.5 bath
This is one of two brand new construction attached townhomes that are located on the west side of PCH, east of Ardmore. This unit has ocean views from the rooftop deck.

3205 Highland Sold for $2,550,000 4 bed/3 bath
After about a month and a $250K cut from the original list price…this one has sold. It is located just a few blocks from the beach on the SW corner of Longfellow and Highland. It’s a fairly busy intersection. I’m curious to see what develops with this one.

430 Longfellow Sold for $2,275,000 3 bed/2.5 bath
After over 3 months on the market and a $424K below the asking price negotiation, this one is gone. This home was purchased in 1998 for $405K.

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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