Lots Of Strand Activity This Year….Are Sellers Cashing In? 7 Day Market Update – Hermosa Beach

8/28/2020

4 New Active

6 In Escrow 

5 Closed Sales 

(see properties below)

57 Active Listings in Hermosa Beach

SFR- 33

TWNHS- 20

CONDOS- 3

Actives by Hermosa Areas:

Sand Section: 36 Active listings 

Valley Section: 5 Active listings 

East Hermosa: 16 Active listings

CURIOUS WHAT PROPERTIES ARE AVAILABLE OFF-MARKET?
(See bottom of email thread for more information)

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

1054 10th Listed for $2,050,000 3 bed/3 bath

1054 10th is a single family home in east Hermosa. It last sold in 2007 for $1,249,000.

427 Manhattan Ave Listed for $1,229,000 2 bed/2 bath

427 Manhattan Avenue is an attached townhome in the Hermosa sand section. It sold in 2002 for $479,000. This property seems very well priced and we expect to see it “In Escrow” in our new couple of blogs.  

 1230 14th is a duplex built in 1923. This home last sold in 1993 for $199K. 

2340 The Strand Listed for $13,950,000 5 bed/3 bath/2 pwd

2340 The Strand is on a corner lot in the northern section of Hermosa (good location).  

Recent (2020) HB Strand Activity:

ACTIVE for Sale north of Pier Avenue:

2020 Closed north of Pier Avenue:

South of Pier Avenue activity:

1230 14th Listed for $1,199,000 2 bed/2.5 bath

IN ESCROW

231 29th Listed for $3,899,900 4 bed/4.5 bath

231 29th is a single family home built in 2007 and is located 2 short blocks from the sand.  

446 Monterey L1 Listed for $1,149,000 3 bed/2 bath

446 Monterey is a condo west facing complex on Monterey. The last sale in this complex similar to this unit, sold for $1,080,000 toward the end of 2019. 

100 8th Listed for $1,995,000 2 bed/3 bath

100 8th is an attached townhome in the sand section of Hermosa. Although it is on a busy section of Hermosa Avenue, it is steps from the sand and Pier Avenue. This home last sold in 2017 for $1,750,000.

617 Longfellow Listed for $2,950,000 4 bed/4.5 bath

617 Longfellow is a brand-new detached townhome on the north side of Longfellow. This lot sold in 2016 for $1.8M before they constructed 2 new townhomes.

320 Prospect Listed for $1,785,000 4 bed/3.5 bath

320 Prospect is a single family home in east Hermosa. It last sold in 2012 for $955K.

804 Bard Listed for $2,200,000 3 bed/2.5 bath

 This detached unit was completed in 2020. There are 3 units in total. 

CLOSED

304 Manhattan Sold for $2,024,000 2 bed/2 bath

After a $276K price reduction, this home has sold. 304 Manhattan a single family home with some ocean views and only a short walk to the beach. This home last sold in 2016 for $1,715,000.

1602 Loma Sold for $3,075,000 5 bed/3 bath

1602 Loma is a 1920’s triplex in the sand section. It is currently vacant and is being sold with plans. This is a big number for the land, however there are 2 brand new townhomes one lot to the north priced around $3M each. We’ve heard they will be building 3 new townhomes. 

118 1st Ct Sold for $1,850,000 4 bed/ 3.5 bath

After 3 months and a $150K discount, this one has sold. 118 1st Ct is a detached townhome located on 1st and Palm Drive, a short block from the sand. This home was built in 1999 and has a rooftop deck with ocean views.

601 11th Sold for $1,925,000 8 bed/4 bath

After 5 months and 3 price reductions, this triplex has sold for $875K off the initial asking price.  601 11th is a triplex on the corner of 11th and Ardmore. This property has 2 buildings, #1 building is a 2 bed, 1 bath cottage with upgrades and the second building has 2 units; a 3 bed, 2 bath and a 2 bed, 1 bath.

1216 20th Pl Sold for $1,765,000 3 bed/2.5 bath

1216 20th is a single family home located in east Hermosa. This home found its buyer in 2 weeks.

4 New Listings (click to see)

6 In Escrow (click to see)

5 Closed Sales (click to see)

CURIOUS WHAT PROPERTIES ARE AVAILABLE OFF-MARKET?

Have you been looking for a home or investment property, and haven’t been able to find what you’re looking for….or missed out on an opportunity?

We have access to a network of off-market and coming soon properties.
Describe and share with us what you’re looking for and we will let you know what is currently available and/or search for some options that you may never be able to find online or on the market. 

DO YOU HAVE EVEN A REMOTE THOUGHT OF SELLING….WHAT YOU SHOULD KNOW?

If you’re considering selling, please call me to discuss some of your unique options,  a few crucial challenges you can avoid,  and how to maximize your return. We have some valuable insights you should know before putting your home up for sale.

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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