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Spotlight Hermosa Beach

For such a small town, Hermosa boasts big attractions: an artsy vibe highlighted by the historic Lighthouse Café and legendary Comedy and Magic Club; global recognition for being the home of beach volleyball and several Olympic athletes…

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7 Day Market Update- Hermosa Beach

Dirt is the new gold. This year, we are seeing more new construction as the market heats up and the value of land continues to increase. They are not making any more dirt and the number of people who want to live near the water …

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7 Day Market Update- Hermosa Beach

It’s Labor Day Weekend and Fiesta Hermosa.
Another great weekend here in our beautiful coastal community. Fiesta Hermosa, put on by the Hermosa Chamber of Commerce, started back in 1972 and has become the largest Arts and Crafts Fair in Southern California. Each year it attracts …

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Hermosa Beach City Facts

City incorporated – January 14, 1907
Council-City Manager form of government
Located 17 miles Southwest of Los Angeles on Southern end of Santa Monica Bay
Area covered – 1.43 square miles
Elevation

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7-Day Market Update- Hermosa Beach

Celebrity’s and Athletes! The South Bay and more specifically Hermosa and Manhattan Beach, have had an influx of athlete and celebrity homeowners (Vince Vaughn, Jimmy Kimmel, Steve Nash, etc.) over the last few years. With its close proximity to Los Angeles and LAX airport, our …

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7- Day Market Update- Hermosa Beach

This week, the market has been a little sleepier. We only have 4 new Active listings on the market here in Hermosa, compared to 10, last week (See last weeks update). Even in the hot summer real estate season, it’s common to see a drop …

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Hermosa Spotlight

Download (PDF, 5.06MB)

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7- Day Market Update- Hermosa Beach

August 8th, 2014

10 Active Listings
5 Backup/Pending
6 Closed
1 Off-Market

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7-Day Market Update-Hermosa Beach

August 1st, 2014

6 New Active Listings (or price reduced)
1 New Escrows
4 Closed Sale

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The Lighthouse Cafe: A Brief History

The Lighthouse Cafe: A brief history

Jazz is generally not the first thing that enters my mind when I think of Hermosa Beach or the Pier. When I think of “old” Hermosa, I think of bikers; “new” Hermosa brings to mind 20-somethings lining up outside of …

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7-Day Market Update- Hermosa Beach

July 25th, 2014

4 New Active Listings
7 New Escrows
2 Closed Sale

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ABOUT DARREN

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Thumbnail image for HERMOSA BEACH CONDOS- WHERE ARE THEY NOW?

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.

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HERMOSA 10-DAY REPORT

HERMOSA 10-DAY REPORT

6 New Active Listings
4 In Escrow
4 Closed Sales
5 Withdrawn or Cancelled

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HOW MANY HOMES ARE THERE IN HERMOSA BEACH, AND WHO LIVES IN THEM?

WHO LIVES IN THEM?

There are approximately 6500 dwellings in the 1.5 square mile area of Hermosa Beach, ranging from single-family homes to condos to multi-unit apartments buildings. Hermosa Beach has a population of close to 20,000 residents.

 

OWNER v. RENTER

The tax records show that around 68% of the homes …

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WOW! $18 MILLION…THE MARKET IS SOARING!

That is a big price tag for a home built in 1913, even if it is on The Strand…

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Hermosa Valley Greenbelt History

This 3.7 mile long, landscaped trail that runs parallel between Ardmore and Valley Drive was once part of the Santa Fe Railroad easement…

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Healthy in Hermosa

My wife and I love going out to eat, and we also do our best to follow a pretty clean, healthful diet. Depending on where you live, these two passions could potentially be in conflict. One thing we love about Hermosa Beach is the number of healthy options available to us on any given weekend of dining out. Granted, you can probably drive your server crazy at any restaurant tailoring any dish to your own dietary restrictions, but thankfully we don’t need to do that very often in Hermosa!

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Hermosa Beach Property up Over 23%

According to neighborhoodscout.com, Hermosa Beach is up close to 24% from the bottom during the 2008-2009 years.
Manhattan Beach is up nearly 26% and
Redondo Beach is up 20%.
Find out which home is up 61% from 2009 to 2013…

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$5M and UP… Not the STRAND? Do they Sell?

$5,000,000 and Up…not on the Strand? Do they sell?
The answer is yes, however they don’t always sell quickly. In the last 5 years, there have only been 11 homes listed for sale above $5M that were not located on the Strand. Only 1 of the 11 sold in under 119 days on the market and the longest sat for 372 days and didn’t sell.

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Which Area is HOT in Hermosa?

Every once in a while the market has a game changer that signals or validates the market increase in demand and price. This property is breaking new ground and indicates that our current market is gaining momentum…Find out which one…

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Short Sales and REO’s…where did they go?

Are short sales and bank owned REO’s still available? How do they affect our market here in Hermosa?The numbers speak for themselves. There have been rumors for the past 2 years that our banking system is holding on to a large amount of “shadow inventory,” yet we are seeing fewer and fewer of them for sale. The other rumor is that the banks are selling the default loans in large pools to hedge funds and large investors like Real Estate Investment Trusts.It seems the latter of the two is more likely…

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Hermosa Beach Farmers Market

I have to confess that when I first checked out the farmer’s market in Hermosa many years ago, it wasn’t the fresh produce that drew me in but the jazzy island sound of the steel drums.  I love that all these years later this market …

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What is the Dirt Value in the Hermosa Sand Section

WHAT IS DIRT VALUE IN THE HERMOSA SAND SECTION? Check out this dirt…

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The Battle On Cypress

Who will win?
The 1100-1300 block of Cypress (Between 11th and Pier Avenue) has been
relatively quiet over the past 2 years, with only 3 sales. In the last 6 months,
we have seen 3 closed sales, one pending sale and 2 currently on the market.
1101 Cypress (an …

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