If It’s Priced Right…It will Sell! 7 Day Market Update and Weekend Open House List – Hermosa Beach


5/19/17
3 New
8 In Escrow
2 Closed Sales
(see properties below)

45 Active Listings in Hermosa Beach
SFR- 95
TWNHS- 14
CONDOS- 1

Actives by Hermosa Areas:
Sand Section: 29 Active listings
Valley Section: 3 Active listings
East Hermosa: 13 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
943 1st Listed for $930,000 2 bed/2.5 bath

This attached town home is part of a 4-unit community. It has some ocean views and is on the Hermosa-South Redondo border just east of PCH. This property last sold in 2010 for $585,000.

655 Longfellow Listed for $2,750,000 3 bed/2.5 bath

This is a single family with open ocean views in the distance. This was purchased in 2012 for $1,350,000

1109 Valley Dr #1 Listed at $1,150,000 2 bed/2.5 bath

This is four on a lot attached townhome that last sold in 2014 for $985K. This should sell quickly at that price. 1107 Valley (similar unit) sold last year for $1,200,000.

IN ESCROW
1737 Valley Park Listed for $1,999,000 4 bed/3 bath

That was quick! In a week this one has a buyer. 1737 Valley has been on and off the market since March 2016 for $2.3M yet didn’t sell. Now with a significant price reduction, it’s back on the market. It last sold in 2008 for $1,350,000.

606 Boundary Listed for $2,895,000 4 bed/3.5 bath

It took a little longer to this one to go into escrow, however after 3 ½ months and a $200K price reduction, they have a buyer. 606 is one of the larger new construction units that’s part of the Longfellow/Boundary development. The price reflects the increase in sq. footage compared to the other units.

733 Beach Dr Listed for $4,799,000 4 bed/3.5 bath

This home was originally on the market in October of last year for $4,799,000 and after 2 months, it did not sell. However, the spring market is in full swing and this single family home is on a walk street, just a few steps to the sand.

736 Gould #19 Listed for $1,269,000 3 bed/2.5 bath

3 weeks and it’s in escrow. This is a 33-unit complex located on the south side of Gould Avenue, slightly west of PCH. This unit was on the market in 2015 for $1,129,000 for 88 days however didn’t’ sell. It last sold in 2013 for $798K. This is another big increase (159% increase from the 2013 price).

1619 Monterey Bl Listed for $1,999,000 3 bed/2.5 bath

1619 Monterey is a single-family home located a few blocks to the sand. It has open ocean views.

1244 9th Listed for $2,079,000 5 bed/4 bath

After almost 3 months and a $96K price reduction, this one is in escrow. This single family home is located in the Hermosa Hills section. This property last sold in 1998 for $735K. Below are the two 2016 Single Family sales between 3000-3500sq. ft. 535 Hollowell was new construction and 1044 14th was completely remodeled to look like new construction.

612 11th Listed for $1,550,000 3 bed/3.5 bath

This detached town home is one property east of the greenbelt. It is close to Clark field and Cypress Park and has a rooftop deck.

1720 Ardmore #324 Listed for $669,000 2 bed/2 bath

After 2 weeks, this condo has a buyer. This is a 71-unit complex located on the east side of the greenbelt. There is currently one other in escrow unit in this complex and last year there were 5 sales in this complex (see below).

 

CLOSED
526 3rd Sold for $1,725,000 3 bed/2.5 bath

After finding a buyer quick, this property sold for $40K above the asking price. This single family home is in the sand section, close to the Redondo/Hermosa border. This property last sold in 2014 for $1,199,000.

1942 The Strand Sold for $8,350,000

This lot sold after 261 days on the market and for $1,150,000 off the original list price. This is a dirt proposition on the corner of The Strand and the 16th walk street. This lot and the lot to the south were recently purchased for $15M.

3 New Listings (click to see)
8 In Escrow (click to see)
2 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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Post by Darren Pujalet

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