Yes, Yes, We’ve Heard It Before…..No Inventory?? 7 Day Market Update – Hermosa Beach

9/25/2020

1 New Active

6 In Escrow 

3 Closed Sales 

(see properties below)

51 Active Listings in Hermosa Beach

SFR- 28

TWNHS- 18

CONDOS- 4

Actives by Hermosa Areas:

Sand Section: 34 Active listings 

Valley Section:  4 Active listings 

East Hermosa: 13 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

351 30th Listed for $3,295,000 4 bed/3 bath

351 30th is a single family home with 2788 sq. feet of living. This home sold in 2008 for $2,050,000. It is located on a very nice walk street in the northern Hermosa pocket called the Shakespeare district. 

IN ESCROW

649 30th Listed for $1,699,000 3 bed/2 bath

This home found a buyer in only 8 hours??? 649 30th is a duplex tucked in the north Hermosa Valley section. It had to have been purchased by a builder. If it went anywhere close to the list price, the buyer received an amazing deal. 

645 Sunset Listed for $1,890,000 3 bed/3.5 bath

645 Sunset is an attached 2 on a lot townhome in the sand section. After 4 months and 2 price reductions, this property has a buyer. 

1600 Ardmore Ave #132 Listed for $649,500 1 bed/1 bath

1600 Ardmore is a 1 bed, 1 bath condo located in the Commodore. 

Unit 203 sold in July for $665K.  Unit 318 is currently in escrow (see below) listed for $575K, however it appears to need TLC.

1600 Ardmore #318 Listed for $575,000 1 bed/1 bath

1600 Ardmore has found a buyer. Pricing this one under $600K makes it very attractive. 

1158  8th Listed for $1,650,000 3bed/2 bath

1158 8th is a single family home located in the Hermosa Hill section. This home leased 2 years ago for $6700.  After 4 months it has a buyer.

2534 Palm Listed for $2,599,000 3 bed/3 bath

 2534 Palm is a single family Tuscan-style home. It last sold in 2004 for $1M, then in 2006 was completely re-built. 

CLOSED

1830 Rhodes Sold for $1,720,000 3 bed/2.5 bath

1830 Rhodes is a single family home that came back on the market. It sold for $30K above the asking price and $70K above the original asking price.

347 29th Sold for $2,000,000 2 bed/1 bath

347 29th sold off market to a developer. We will likely see new construction here in the near future. 

1220 Sunset Dr. Listed for $2,595,000 3 bed/3.5 bath

In 1 week, this home sold for $55K over asking. 1220 Sunset drive is a detached townhome (3 in total) in the sand section of Hermosa, 1/2 block south of Pier avenue. This home sold in 2012 for $1,560,000.

1 New Listings (click to see)

6 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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Post by Darren Pujalet

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