Hermosa….2019 is starting off busy…7 Day Market Update and Weekend Open House List – Hermosa Beach

1/11/19

6 New Active

2 In Escrow

5 Closed Sales

(see properties below)

41 Active Listings in Hermosa Beach

SFR- 22

TWNHS- 13

CONDOS- 5

Actives by Hermosa Areas:

Sand Section:             18 Active listings

Valley Section:             11 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.

NEW ACTIVE

1520 Golden Listed for $1,499,000 3 bed/2 bath

1520 Golden is a single family home located just west of the North Redondo golden triangle area. This home has a 3 car garage and a large backyard. This home last sold in 1979 for $182K. 

531 Pier Ave #38 Listed for $399,999 1 bed/1 bath

531 Pier is part of Marine Land, a co-op land with 62 lots and permanent mobile units.  

1030 Prospect Listed for $1,299,000 5 bed/2 bath

1030 Prospect is a duplex with 2 units (3 bed, 1 bath and a 2 bed, 1 bath).

44 The Strand Listed for $6,800,000 5 bed/3 bath

44 The Strand was built the same year Hermosa become a city.  This 1907 Strand home is actually zoned R3 and is a duplex listed as 44 The Strand and 43 Hermosa Ave. 44 The Strand was on the market in 1995 for $1.4M, however the owners decided to hold on to it for a few more decades.

722 Bayview Dr. Listed for $1,599,000 3 bed/3.5 bath

722 Bayview was built in 1990, has ocean views and is only a few streets/alleys to the sand. This home last sold in 1984 for $107K.

57 7th Listed for $2,999,000 3 bed/2 bath

57 7th is 7 lots away from the beach. This classic beach cottage was built in 1908. You could potentially build 2 units on this lot (need to verify with city).  The last time this home sold was in 1967 for $26,500.

IN ESCROW

220 4th Listed for $1,899,000 3 bed/4 bath

Only 28 day over the holidays!  220 4th is a single-family home located in the Hermosa sand section.  It’s small in size, however it offers a good location, close to the water. This property last sold for $1,450,000 in 2005.

460 Prospect Listed for $1,300,000 4 bed/1 bath

In just over a month this single-family home is in escrow. 460 Prospect is perched up on the east side of prospect with ocean views from the living room.  This property is also up for lease at $4500 per month. It’s listed for $925 sq. foot. This may appear expensive, however the $1.3M price range is attractive. 

CLOSED

635 7th St. Sold for $2,753,000 4 bed/4 bath

After 3 months, this new construction unit sold for $5K above the asking price.  635 7th is a 2-on-a-lot attached townhome with panoramic ocean views. 637 7th is currently on hold for $2,748,000 since 12/22. The lot was purchased in 2015 for $1,525,000. 

259 28th Sold for $2,475,000 4 bed/4 bath

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255 and 259th 28th are owned by the same person directly next door to each other. However it doesn’t appear to have been purchased by the same person, as they were purchased 4 months apart and are under a different LLC.  255 28th Sold in August for $2,175,000.  There is potential to build with nice ocean views.

1504 Prospect Sold for $1,840,000 3 bed/2 bath

This one sold all cash in 9 days for $10K off the asking price. 1504 Prospect was built in 1935. It appears to need some work, however it has a lot size of 7920 sq. Ft.  It last sold in 1994 for $186K.

1104 Cypress Sold for $2,100,000 3 bed/3.5 bath

After 6 months and almost $200K off the initial asking price, this new construction has closed sale. 1104 Cypress is 1 of 3 townhomes built on this lot. 1100 Cypress sold for $2,450,000 and 1102 Cypress sold for $2,150,000.

436 Gentry Sold for $1,500,000 3 bed/3 bath

27 days and a $150K price discount equals Sold! 436 Gentry is a single-family home located east of PCH that has ocean views from the kitchen and living room.

6 New Listings (click to see)

2 In Escrow (click to see)

5 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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