Who says the market is down? Property is still moving and quality inventory is low. 7 Day Market Update and Weekend Open House List – Hermosa Beach

Who says the market is down? Property is still moving and quality inventory is low.

The 4th quarter continues to post strong numbers, with 9 closing this week.

Inventory #’s are low

For Sale numbers – down

Sold and Pending – Up

12/13/19

3 New Active

2 In Escrow

9 Closed Sales

(see properties below)

42 Active Listings in Hermosa Beach

SFR- 22

TWNHS- 13

CONDOS- 5

Actives by Hermosa Areas:

Sand Section:             26 Active listings

Valley Section:             5 Active listings

East Hermosa:             10 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

451 Longfellow Listed for $1,595,000 2 bed/2 bath

This property sits on a 2472 sq. foot street-to-alley lot in the northern most section of Hermosa. This is an amazing neighborhood on the Manhattan border, near Valley Park and close to the beach. Even though Longfellow can be busy, the Longfellow alley is a great family location. It is price well.

1011 Owosso Ave Listed for $1,459,888 2 bed/2 bath

1011 Owosso is located in east Hermosa on the corner of 10th and Owosso. This home sold in 2012 for $515K.

121 16th Listed for $4,499,000 4 bed/3.5 bath

Back on the Market! 121 16th is a brand new 2019 single family home with amazing ocean views. It is located just north of downtown, far enough away from the noise and crowds and close enough to walk to everything, including the sand…just steps away.

428 28th Listed for $,1599,000 2 bed/1 bath

428 28th is a single-family home 4 blocks to the sand in the sand section near Valley Park. This home has a private backyard with a front patio and white picket fence. It is a great opportunity to live in a great family-oriented neighborhood. We are biased on this one.

IN ESCROW

736 Gould #19 Listed for $1,399,000 3 bed/3 bath

It took about a month after coming back out on the market at $200K less to get this one into escrow. 736 Gould is part of a 33-unit townhome complex on Gould, located directly behind PCH and the Hotel Hermosa. This complex has had one sale this year (a slightly smaller unit), for $1.5M.  

 

562 2nd Listed for $1,925,000 5 bed/3 bath

562 2nd is a single-family home that found its buyer in 4 days. This home is in the sand section on the border of the Hermosa Redondo border. This home last sold in 1998 for $640K.

CLOSED 

429 Ocean View Avenue Sold for $1,168,000 2 bed/1 bath

After a few price reductions, this home has sold. 429 Ocean View is a single- family home located on the alley of PCH. This home was built in 1905 and sits on a 6500 sq. foot lot. It likely sold to a developer.

931 1st #B Sold for $1,400,000 3 bed/2.5 bath

931 1st is part of a 4 on a lot townhome complex that was built in 2012. This townhome has some ocean views and last sold in 2012 for $915,000.

33 Monterey Sold for $2,350,000 4 bed/3.5 bath

In only 2 months and for $150K off the asking price, this home has sold. 33 Monterey is a detached townhome built in 2007 with some ocean views.  This home sold in 2016 for $2,150,000. That’s an 8.5% increase in sale price. Who says the market is soft?

844 13th Sold for $1,829,000 4 bed/3.5 bath

844 13th is a single-family home just east of PCH. This home has big views. It may have found a buyer off-market since it went into escrow the same day it hit the MLS.

1932 Ava Sold for $1,300,000 3 bed/2 bath

In 2 weeks, this home has sold. 1932 Ava is a beach cottage built in 1947 with a nice backyard. It has a ton of potential.

162 Monterey Sold for $1,599,000 3 bed/2.5 bath

162 Monterey is part of a 3 on a lot attached townhome community and has sold for the asking price. This home has ocean views from the rooftop deck.

57 7th Sold for $2,525,000 3 bed/2 bath

After $474K price reduction and 3 ½ months, this home has sold. 57 7th is 7 lots away from the beach. This classic beach cottage was built in 1908. You could potentially build 2 units on this lot (need to verify with city).  The last time this home sold was in 1967 for $26,500.

842 8th St Sold for $1,975,000 4 bed/3.5 bath

6 days and $20K off the price this one has sold! 842 8th is a detached townhome built in 2001, located just east of PCH. This home has ocean views and last sold in 2015 for $1,6275,000. 1074 and 1072 7th, which were built in 2016, sold for $2,062,500 and $2,050,000.

1057 8th Pl Sold for $1,800,000 5 bed/3 bath

After 1.5 months and a $200K discount, this home has sold. 1057 8th is a single-family home in the hill section of Hermosa.

4 New Listings (click to see)

2 In Escrow (click to see)

9 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.

Leave A Reply With Facebook

comments

Hermosa Beach Home Search Hermosa Beach Home Values

Post by Darren Pujalet

Darren has written 315 articles.

Previous post:

Next post: