Hermosa Beach Weekly Update (10/2/18)

Posted by South Bay Staff on Tuesday, October 2nd, 2018 at 7:21am.

Hermosa Beach Weekly Real Estate Market Update

OCTOBER 2, 2018

Complete and updated information on Hermosa Beach homes for sale and the local housing market.

Hermosa Beach Stats

Inventory: 57 active MLS listings in Hermosa Beach (-4 from last week)

New listings this week: 5

Newly in escrow this week: 5

New closed sales this week: 3

New price cuts this week: 3

Featured New Listings of the Week

1918 The Strand1918 The Strand Hermosa Beach CA

(4br/4ba, 2547 sqft.)

Agent's Description:

Your dream home on the beach awaits. Situated in a Premier North Hermosa Strand Location between 19th and 20th streets this Classic Strand home is a prime spot on the sand to build the beach house of your dreams. Enjoy panoramic beach and ocean views from the Palos Verdes Peninsula and Catalina to the South, to Malibu and beyond to the North. This section of Strand permits building heights up to 30' allowing the new owner to maximize ocean views from every level. Well insulated from the hustle and bustle of the pier and Hermosa Avenue, this is a great opportunity to have a front row seat to life on the beach. Survey available on request. 

List price: $7,200,000

3257 Reynolds Lane325 Reynolds Lane Hermosa Beach CA

(5br/4ba, 3080 sqft.)

Agent's Description:

Located in the award winning school district of Hermosa Beach, this stunning modern-coastal home offers the ultimate luxury lifestyle. Built in 2016 by Davis Construction, the open-floor-plan home is nestled at the top of the hill, allowing for the ocean breeze to flow effortlessly throughout and for an abundance of natural sunlight. This rare 3,000 square-foot home boasts 5 bedrooms, 4 bathrooms, wide-plank floors, fireplace, turfed grass yard and a expansive roof deck with 365 degree views. Dual closets and en-suite bathroom with spa tub complete the master bath. The heart of the home centers around the sleek and stylish open concept kitchen with large center island, fitted with premium Thermador appliances (including 3 ovens) and custom high end premium cabinetry made of exotic African woods. Additional features of the home include high-end plumbing fixtures, custom tile, camera security system, home automation system, dual zone air-conditioning with Nest, 2-car finished garage. 

List price: $2,275,000

Notable Sales of the Week

708 2nd St. (back home)708 2nd St Back Home Hermosa Beach CA

(4br/4ba, 2541 sqft.)

Agent's Description:

Relax, Chill and Enjoy! Whatever term you prefer, you’ll get a feeling of comfort as soon as you approach this Hermosa Beach home from it private entry. Ocean views from the living area and patios remind you why you love living at the beach. West facing views provide iconic South Bay sunsets from your wide open living area with 9' ceilings. Being west of PCH provides easy access to the beach, greenbelt and town. Escape to the roof patio for your favorite cold drink and enjoy the PV to Malibu views. This is Hermosa Beach living at its best. High end finishes and amenities throughout include; Viking & Bosch appliances in the gourmet kitchen, white oak flooring, Grohe faucets, large master suite with walk-in closet, and a bathroom fit for a spa. You can even enjoy a lush and quiet outdoor area yourself, or for your furry four-legged friends! 

Sold price: $2,059,000

Complete Market Report Data

Here is our full market report on Hermosa Beach real estate for the week.

Click on any property address to see all photos & listing data online.

NEW MLS LISTINGS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
902 17th Street 3/4 2591 5598 $2,199,000 $849 0 $2,199,000 10/01/18
325 Reynolds Lane 5/4 3080 4096 $2,275,000 $739 3 $2,275,000 09/27/18
616 24th Place 4/3 2405 4062 $2,295,000 $954 3 $2,295,000 09/27/18
1918 The Strand 4/4 2547 2382 $7,200,000 $2,827 3 $7,200,000 09/27/18
2957 La Carlita Street 3/2 2024 7825 $2,999,000 $1,482 5 $2,999,000 09/26/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
937 1st Street A 3/3 1814 6748 $1,249,000 $689 71 $1,299,000 07/11/18
1720 Ardmore Avenue 312 1/1 691 55440 $615,000 $890 58 $625,000 08/03/18
1274 Owosso Avenue 4/4 3596 4997 $2,195,000 $610 10 $2,195,000 09/20/18
1600 Ardmore Avenue 301 2/1 727 59585 $729,000 $1,003 102 $779,000 06/14/18
435 Longfellow Avenue 3/1 1311 2439 $1,660,000 $1,266 100 $1,875,000 06/21/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
1218 2nd Street 3/2 1746 2261 $1,153,000 $660 7 $1,099,000 10/01/18
708 2nd St (back Home) 4/4 2541 4582 $2,059,000 $810 23 $2,099,000 09/28/18
646 Hermosa Avenue 3/3 1858 0 $1,925,000 $1,036 58 $1,999,000 09/26/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
645 2nd Street 3/3 2075 6901 $1,425,000 $687 25 $1,450,000 09/06/18
1707 Pacific Coast 125 2/2 974 43536 $700,000 $719 39 $725,000 08/23/18
1932 The Strand 4/5 3826 2400 $11,950,000 $3,123 136 $13,200,000 05/17/18

 

Get More Hermosa Beach Real Estate Info

See the latest Hermosa Beach Housing Market Statistics, Prices and Trends.

See all Hermosa Beach real estate listings and neighborhood information.

See the Hermosa Beach Dashboard for up-to-the-minute info on all the listings and activity in the local real estate market.

Plan your open house visits by reviewing our complete list of Hermosa Beach Open Houses.

 

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