Another Celebrity Sells In Hermosa…..Busy Market! 7 Day Market Update and Weekend Open House List-Hermosa Beach


10/12/18
6 New Active
2 In Escrow
4 Closed Sales
(see properties below)

61 Active Listings in Hermosa Beach
SFR- 33
TWNHS- 20
CONDOS- 5

Actives by Hermosa Areas:
Sand Section: 31 Active listings
Valley Section: 13 Active listings
East Hermosa: 17 Active listings
Another interesting week in the Hermosa market…our local celebrity and Jackass Star Weeman just sold his home on Manhattan Avenue. This was an active week, although increased inventory and rising interest rates are effecting the South Bay area for the first time since the last downturn. We have 6 new properties for sale compared to only 4 closed sales. This seems to be the current trend. Now more than ever in recent history, pricing property correctly to attract buyers is extremely important. Unless it is a near perfect property, over priced homes are sitting on the market.

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
316 29th Ct Listed for $1,599,000 2 bed/2 bath

316 29th is single family home in the sand section that sits on a 1202 sq. foot lot. The home appears to have a few upgrades since it last sold in 2014 for $999K. This is an
interesting property. It sat for a long time in 2014 (263 days). It’s a small property on an alley….not for everyone. That being said, it is a good location in North Hermosa.

613 1st Pl Listed for $1,500,000 4 bed/3.5 bath

613 1st is an attached townhome in a 12-unit complex between 1st and 2nd, on Ardmore. This home has ocean views and a rooftop deck. 160 Ardmore sold last year for $1,430,000.

652 25th Listed for $4,690,000 5 bed/5.5 bath
652 25th is a brand new single family home located between Ardmore and PCH. The lot was purchased in April 2017 for $1.7M (see before house below). It has been on the
market already this year for 104 days, listed at $4,850,000 with no takers.

 

 

 

 

 

711 Longfellow Listed for $3,199,000 4 bed/3.5 bath

718 The Strand Listed for $6,995,000 3 bed/4 bath

718 The Strand was built in 1999 with floor to ceiling windows, giving an open glance to the ocean and sand. This property was on the market in both 2016 & 2017 without a sale. Now it is listed with the TV star Joshua Altman who was unsuccessful in selling 108 The Strand in Manhattan after 200 days on the market. That property is now listed for sale with another agent.

1707 Pacific Coast #302 Listed for $549,900 1 bed/1 bath

1707 PCH is a 73-unit complex on the west side of PCH. The last sale was a 1 bed 1 bath unit #409 sold for $523K on 10/3/18.

IN ESCROW
2411 Prospect #301 Listed for $799,900 3 bed/2 bath

In only 3 weeks, this unit has a buyer. 2411 Prospect is part of a 63-unit condo complex. It is the first sale in this complex this year.

1050 Ardmore Listed for $1,559,000 4 bed/4 bath

In only 7 days, this condo is in escrow. 1050 Ardmore is an attached townhome. It was built in 1989 and last sold in 1994 for $385K.

CLOSED
711 30th Sold $2,375,000 3 bed/3 bath

It took over 3 months and a $424K discount to close this sale (after starting at $2,799,000). 711 30th was built 10 years ago and is perched up on the hill in the flats of 30th street, just west of PCH and north of Gould. This home has nice ocean views from the rooftop deck.

1648 Palm Sold for $1,450,000 3 bed/2 bath

1648 Palm is an older cottage style single family home. This property hit the market in February of this year and has been in and out of escrow before finally closing sale. It was built in 1924, however the inside has had recent updates. This property last traded in 2014 for $1.2M.

1001 8th Place Sold for $1,420,000 3 bed/2 bath

1001 8th is a single family home east of PCH. This home last sold in 2002 for $550,000.

1523 Manhattan Sold for $2,370,000 4 bed/5 bath

1523 Manhattan was listed for 19 days and sold quickly. This detached townhome has ocean views. It last sold in 2009 for $1,325,000. There are not a lot of properties like this that come available, in this pocket and for this price. We’re not surprised it sold quickly.
Not to mention, it was owned by a well known TV Star from the show Jackass…..
Weeman!

6 New Listings (click to see)
2 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.

Leave A Reply With Facebook

comments

Hermosa Beach Home Search Hermosa Beach Home Values

Post by Darren Pujalet

Darren has written 288 articles.

Previous post:

Next post: