HERMOSA BEACH CONDOS- WHERE ARE THEY NOW?

HERMOSA BEACH CONDO’s-Where are they now?

Are Hermosa Beach condominium prices at their peak?
Close, (I think)….but no cigar!

There are approximately 14 condo complexes in Hermosa Beach that have 10 or more units, with
The Commodore at 1600 Ardmore hosting 100 units.

11 of the 14 complexes had their peak price/sale in the 2005 to 2007 timeframe and 3 of the 14 have had their peak price over the last 3 years, 2012-2014.

Current Market

With the current market frenzy and rapidly inflating prices, it’s likely we will see more condominium
peak prices here in Hermosa Beach over the next year. The big question is, how long will this
real estate cycle continue to increase? Either way, there has always been a high demand to live at the beach,
they aren’t making any more land, and these properties are the most affordably priced options if you want to live in the great city of Hermosa Beach.

CONDOS IN HERMOSA BEACH

(See pictures below)

Location                         Name                    # of Units      Highest Recorded Sale/Date
1600 Ardmore        The Commodore             100 Units              $739,000 / 09/26/05
1300 The Strand   The Beach House              96 Units               $750,000 / 03/01/13
501 Herondo          The Mooring                     75 Units               $835,000 / 11/15/05
1707 PCH              Hermosa Surf Condos       74 Units               $575,000 / 09/04/07
1720 Ardmore        Apple Tree                        71 Units               $595,000 / 09/21/12
2411 Prospect       The Victorian                     64 Units               $550,000 / 05/28/05
251 Valley                                                        64 Units               $850,000 / 06/23/14
736 Gould                                                        33 Units              $999,000 / 07/18/07
446 Monterey                                                  34 Units              $900,000 / 09/25/05
447 Herondo                                                   30 Units              $820,000 / 11/16/06
15 15th                                                           27 Units               $800,000 / 08/25/06
77 15th                                                           14 Units               $749,000 / 10/97/07
320 Hermosa Ave                                          13 Units               $830,000 / 10/15/07
540 1st                                                           10 Units               $939,000 / 11/11/05

 

CONDO PICTURES

1600 Ardmore The Commodore
1600 Ardmore

 

 

 

 

 

1300 The Strand The Beach House

1300 The Strand

 

 

 

 

 

 

501 Herondo The Mooring

501 Herondo

 

 

 

 

 

1707 PCH Hermosa Surf Condos
Come on in!

 

 

 

 

1720 Ardmore Apple Tree
1720 Ardmore

 

 

 

 

2411 Prospect The Victorian
2411 Prospect

 

 

 

 

251 Valley
251 Valley

 

 

 

 

736 Gould
736 Gould Ave

 

 

 

 

446 Monterey
446 Monterey

 

 

 

 

447 Herondo
447 Herondo

 

 

 

 

15 15th
15 15th St

 

 

 

 

77 15th
77 15th

 

 

 

 

320 Hermosa Ave
From left to right, second unit on top floor

 

 

 

 

540 1st

540 1st

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Post by Darren Pujalet

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