Spring/Summer Activity….In Motion! 7 Day Property Update – Hermosa Beach

Given the state of affairs so far this year, the market has produced some positive numbers. We only have 2 months of active inventory, however 18 of the 62 active properties are tracking 100+ days on market. 37 of the 62 properties have only been on the market 2 months or less. 

Current Market

62 Active Listing For Sale

29 Pending (In Escrow)

72 Closed Sales in 2020

6/12/2020

6 New Active

8 In Escrow 

3 Closed Sales 

(see properties below)

58 Active Listings in Hermosa Beach

SFR- 35

TWNHS- 14

CONDOS- 4

Actives by Hermosa Areas:

Sand Section: 36 Active listings 

Valley Section: 11 Active listings 

East Hermosa: 11 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

1600 Ardmore #203 Listed for $685,000 1 bed/1 bath

There is 1 other unit actively for sale and 3 closed sales in the complex so far in 2020. See others below:

306 29th Listed for $2,699,000 3 bed/2 bath

306 29th is a single family home in the sand section in Hermosa. This home was on the market in the end of 2019 for a few weeks, however did not sell. 

1818 Manhattan Ave Listed for $3,550,000 4 bed/2 bath/2 bath

1818 Manhattan Ave is a single family home located in the sand section with ocean views.  It was on the market last spring for $4,295,000, however it did not sell. It looks like they painted, freshened it up and lowered the price. This home last sold in 2008 for $2,175,000. 

952 15th Listed for $2,100,000 4 bed/3.5 bath

952 15th is a 2 on a lot detached townhome.  This home has a rooftop deck with ocean views. It last sold in 2018 for $1,550,000.

232 26th Listed for $5,495,000 4 bed/4.5 bath

232 26th is a single family home built in 2014. This home sold new in 2014 for $3,450,000.

249 33rd Listed for $4,699,000 4 bed/6 bath

249 33rd is a single family home built in 2001 located along Highland Avenue. This home sold in 2010 for $2,725,000. 

IN ESCROW

501 Herondo #40 Listed for $1,099,000 2 bed/3 bath

In only 1 week this home has a buyer. 501 Herondo is one of 3 condos currently for sale in this complex. Unit #9 is priced the same as #40 and is currently in escrow after 3 weeks on the market. 

831 6th #1 Listed for $950,000 2 bed/1.5 bath

831 6th is a smaller attached townhome with 1054 sq. feet of living. This home last sold in 2004 for $615,000.

822 9th Listed for $2,599,000 5 bed/4 bath

822 9th is a brand new 2020 build. This home was put on the market in February. This home is 2 properties east of PCH. 

1245 8th Listed for $1,399,000 3 bed/2 bath

In 2 weeks this home is in escrow. 1245 8th is a single family home located in east Hermosa beach.  This home last sold in 2015 for $1,175,000.

950 Ardmore Listed for $2,150,000 4 bed/3.5 bath

After the first escrow did not result in a sale, they put this home on hold for 3 months and lowered the price by $150K. Now it has a new buyer! 950 Ardmore was built in 2018 and sold for $2.2M brand new that year. 

419 2nd Listed for $1,124,000 2 bed/2.5 bath

In only 2 days, this condo is in escrow. 419 2nd is part of a larger sand section townhome community. This home last sold in 2009 for $650,000.

136 Hill Listed for $2,899,000 6 bed/4 bath

136 Hill is a single-family home located in the sand section with some ocean views. It last sold for $ 1,899,000 in 2015.

305 10th Listed for $2,900,000 4 bed/3.5 bath

305 10th is a brand new attached townhome in the sand section a block from the sand. There are a total of 3 new units on this property. This is the first one to go into escrow. 

CLOSED

3033 The Strand Sold for $12,000,000 6 bed/5 bath/2 half/1 pwd

After 3 months and a $2.8 million discount, this chapter is closed.3033 The Strand, is an over 4000 sq. foot home on the north end of Hermosa Beach.    

946 8th Sold for $2,670,000 4 bed/3.5 bath

This home sold after being on the market since January.  946 8th was built in 2019 and offers ocean views in the distance. This is 1 of 2 detached townhomes on this lot. 

541 Gravely Ct Sold for $2,500,168 4 bed/3.5 bath

541 Gravely is a brand new construction located a few properties east of PCH. This lot was purchased in 2017 for $900K. 

6 New Listings (click to see)

8 In Escrow (click to see)

3 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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