Hermosa Beach Weekly Update (10/9/18)

Posted by South Bay Staff on Tuesday, October 9th, 2018 at 2:48pm.

Hermosa Beach Weekly Real Estate Market Update

OCTOBER 9, 2018

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

Hermosa Beach Stats

Inventory: 58 active MLS listings in Hermosa Beach (+1 over last week)

New listings this week: 6

Newly in escrow this week: 6

New closed sales this week: 2

New price cuts this week: 2

Featured New Listings of the Week

718 The Strand718 The Strand Hermosa Beach CA

(3br/4ba, 3081 sqft.)

Agent's Description:

Located on The Strand in picturesque Hermosa Beach, this contemporary three-level home offers the very best of beachside living. The 3000+ sq ft, 3 bed, 4 bath home features sleek concrete, glass, and steel design that enables the home to fill with natural light on every level. An elegant main level offers a large chef's kitchen perfect for hosting large groups. The luxurious top-floor master suite has a fireplace, large walk-in closet, office area, private balcony, and spa-like bathroom with double showers and a steam room. A first level guest bedroom is used as a theatre and provides space for an extended family room. Formal dining and living rooms accompany the large beach level patio that is steps away from the sand. The home is wired for sound and a home theater. Just minutes from the Pier, village shops, and restaurants, this beachfront location has it all. 

List price: $6,995,000

107 24th Street107 24th Street Hermosa Beach CA

(5br/5ba, 4100 sqft.)

Agent's Description:

Located on a prime south facing corner just one block off The Strand, this brand new residence sets an unprecedented standard for luxury at the beach. A collaborative project that showcases the best talents of world class designers, the home is as much of a statement piece as it is a work of art. Finished with state-of-the-art technologies such a Vantage control system, GAGGENAU appliances, Tech Lighting warm-dim LEDs, Dolby ATMOS home theater, and Qmotion automatic shades. A 1,000 SF + rooftop deck showcases stunning panoramic ocean views and includes an oversized spa with waterfall feature, linear fireplace, outdoor kitchen, outdoor shower and a 400 SF+ luxurious cabana bar that makes this home live more like a 5,500 SF+ home. It is an indulgent space that cannot be duplicated and truly a one-of-a-kind setting for extravagant entertaining. There is no shortage of lavish artisan materials and finishes including top-of-the-line Fleetwood doors and windows, Dornbracht plumbing fixtures, glass-enclosed wine cellar with liquid temperature control, and crystal-embedded wallpapers, as well as Neolith and other exotic European stone materials throughout. A home designed to be appreciated by those with discerning taste, 107 24th St. is the new definition of the best in luxury coastal living.

List price: $7,500,000

1641 Manhattan Avenue1641 Manhattan Avenue Hermosa Beach CA

(5br/4ba, 2484 sqft.)

Agent's Description:

Enjoy stunning sunsets from this turn-key tropical retreat in the heart of Hermosa Beach at THE prime location of 1641 Manhattan Avenue just a couple blocks from both the dining and entertainment of Pier Avenue as well as the Beach. The property is a legal duplex featuring 2 units totaling approx. 2500 sf of living area on an oversized 3,036 sf street to street lot with amazing Pier and ocean views. The “owners” Unit A features 3 bedrooms and 2.5 bathrooms and an impressive open floor plan with kitchen and great room facing massive frameless corner glass windows for optimal entertainment and viewing pleasure. Unit B is 2 bedrooms and one bathroom in approx. 780 sf and is currently rented. The property also features a large outdoor patio, 2 car garage parking and both units have their own laundry areas inside the respective units. The sale also includes approved plans to add cabana/roof decks to both units, add 500 sf to Unit B and expand garage to 4 car parking. This property provides a unique opportunity to own a strong income producing turn-key property in a fantastic location either for personal use or investment. 

List price: $3,495,000

Notable Sales of the Week

1120 Palm Drive1120 Palm Drive Hermosa Beach CA

(4br/5ba, 2776 sqft.)

Agent's Description:

The Urban Beach House with the signature of Jon Starr of Starr Design Group. Sleek style, luxury living, unbelievable panoramic ocean view, in the heart of the action of downtown Hermosa Beach. Sunday brunches, concerts on the beach, weekly farmers’ markets, surf contests and volleyball tournaments all within a flip flop stroll from your front door. Watch the sun light up the ocean before you even crawl out of bed. Leave the car in the garage. If the destination is farther than your feet can propel you, it might just be too far. Luxury beach life presents difficult choices, like taking the stairs or ascending in the 3-stop elevator. Sliding the doors open wide for the clean ocean breeze or reclining in air-conditioned comfort. It’s not just the feeling of being on vacation; this is your home. Summer is here and you have the best spot to enjoy it all. 

Sold price: $3,350,000

1523 Manhattan Avenue1523 Manhattan Avenue Hermosa Beach CA

(4br/5ba, 1865 sqft.)

Agent's Description:

Imagine a Friday afternoon, excited for the weekend.. you enter the top floor living room, raise your remote controlled shades and open the sliding doors to the huge ocean view deck..you may want to relax and watch the views from the deck or perhaps inside from the couch or the kitchen..the views are never ending and the indoor/outdoor space that this home offers is awesome ...you may never leave the house if you live here....but you will, because this detached townhome is perfectly situated just north of the Pier in Hermosa Beach. Close enough to the ocean to hear the waves crash and for strolls to the great downtown area with all it's shops and restaurants. 3 Bedrooms PLUS a bonus room, perfect for a home office or guest room, all with their own private baths; Huge master bedroom with his and hers closets, master bathroom with steam shower; 5 car parking; dumb waiter; No HOA fees and plenty of space!! Better hurry..this one won’t last!

Sold price: $2,370,000

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
718 The Strand 3/4 3081 2397 $6,995,000 $2,270 0 $6,995,000 10/08/18
1707 Pacific Coast 302 1/1 726 43536 $549,900 $757 1 $549,900 10/08/18
548 Pine Street 4/4 2810 4328 $2,499,000 $889 3 $2,499,000 10/04/18
107 24th Street 5/5 4100 2403 $7,500,000 $1,829 3 $7,500,000 10/04/18
856 Cypress Avenue 3/1 892 3147 $1,425,000 $1,598 3 $1,425,000 10/04/18
1641 Manhattan Avenue 5/4 2484 3036 $3,495,000 $1,407 3 $3,495,000 10/04/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1050 Ardmore Avenue 4/4 2600 4376 $1,495,000 $575 3 $1,495,000 10/04/18
1918 The Strand 4/4 2547 2382 $7,200,000 $2,827 10 $7,200,000 09/27/18
616 24th Place 4/3 2405 4062 $2,295,000 $954 6 $2,295,000 09/27/18
3330 The Strand 5/7 3152 2084 $10,800,000 $3,426 21 $10,800,000 09/11/18
248 34th Street 4/3 2130 2260 $2,795,000 $1,312 28 $2,795,000 09/09/18
1818 Pacific Coast Highway 3/4 2036 0 $1,659,000 $815 81 $1,659,000 07/18/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
1523 Manhattan Avenue 4/5 1865 2919 $2,370,000 $1,271 19 $2,500,000 10/05/18
1707 Pacific Coast Highway 409 1/1 665 43536 $523,000 $786 79 $565,000 10/03/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1230 Owosso Avenue 2/1 768 4994 $1,299,000 $1,691 24 $1,350,000 09/13/18
18 5th Street 3/4 2155 1691 $3,699,999 $1,717 108 $3,899,000 06/21/18

 

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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