We Are Outpacing 2019 In Sales!! 7 Day Market Update – Hermosa Beach

The market is very busy. We currently have 33 properties in escrow here in Hermosa and 57 active properties for sale. That is less than 2 months of inventory (low). Year-to-date, we have had 86 closed sales, 4 sales ahead of last year’s 82. Even with the lockdown, we are ahead of last year’s sale pace. Who would have predicted that? 

7/3/2020

5 New Active

7 In Escrow 

2 Closed Sales 

(see properties below)

57 Active Listings in Hermosa Beach

SFR- 31

TWNHS- 17

CONDOS- 3

Actives by Hermosa Areas:

Sand Section: 41 Active listings 

Valley Section: 3 Active listings 

East Hermosa: 12 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

1126 Manhattan Listed for $3,499,999 6 bed/4 bath

1126 Manhattan is a duplex with an upper and lower unit that includes two 3 bed, 2 bath units and a 3 car garage. This property sold for $3,550,000 in 2016. 

1124 1st Listed for $1,680,000 4 bed/3 bath

1124 1st is a single family home located in east Hermosa, bordering Redondo. This home sold in 2015 for $1,250,000. 

26 9th Listed for $5,949,000 5 bed/4.5 bath

26 9th is in the sand section on the 9th walkstreet. This home was built in 2009 and has some ocean views.  It most recently sold in 2015 for $5,100,000, and for $4,000,000 in 2013 and $3,630,000 in 2012.  

542 Pine Listed for $2,499,000 4 bed/3.5 bath

542 Pine is a detached cape cod townhome. This home faces west and is located between PCH and Prospect. 548 Pine sold last year for $2,349,000.

231 26th Listed for $2,600,000 2 bed/1 bath

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231 26th is a single family home built in 1914. This home is in the sand section and a close to the beach. This property will need some TLC. 

IN ESCROW

304 Manhattan Listed for $2,199,000 2 bed/2 bath

After a $100K price reduction, this home is in escrow. 304 Manhattan a single family home with ocean views and a short walk to the beach. This home has a roof top deck and sold in 2016 for $1,715,000. 

2309 Manhattan Listed for $2,749,000 2 bed/2 bath

2309 Manhattan is single family home built in 1917. This classic beach bungalow went into escrow on Wednesday. 

212 The Strand Listed for $8,999,999 5 bed/5.5 bath

After a $1million dollar price reduction, this home has a buyer. 212 The Strand is a newly constructed home on the Strand. The dirt sold in 2015 for $5.8M. It originally hit the market in 2019 for $10,900,000. 

215 27th Listed for $1,675,000 3 bed/2 bath

After 1 month and $100K price reduction, this property is in escrow.215 27th is a duplex in the Hermosa Sand Section, 2 blocks from the beach and right next to the new commercial build on Manhattan Avenue & 27th

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

This property last sold in 2016 for $616K. 

638 6th Listed for $1,599,000 3 bed/3 bath

638 6th is a detached townhome built in 1989 that was recently upgraded. This home last sold in 2013 for $1,065,000.

736 Gould #24 Listed for $1,229,000 3 bed/3 bath

736 Gould is an attached townhome. It was recently on the market for a higher price, it was relisted and price adjusted.

CLOSED

1505 Loma Sold for $1,070,000 2 bed/2 bath

1505 Loma is a quintessential Hermosa cottage style duplex that needs some TLC. 

446 Bayview Dr Sold for $2,125,000 3 bed/3.5 bath

This home sold for $25K above the asking price. 446 Bayview is a detached townhome in the sand section of Hermosa. It sold last April (2019) for $1.9M.

865 Loma Dr Sold for $1,340,000 2 bed/1 bath

865 Loma drive is a single family home sitting on a 2520 sq. foot lot.  We sold this property last year for $1,381,000. It’s a good property to build a new, larger single family home. Unfortunately, the lot is about 130 dirt sq. feet too small in order be able to build 2 townhomes, which would increase its value.

5 New Listings (click to see)

7 In Escrow (click to see)

2 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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