Hermosa Beach Weekly Update (11/27/18)

Posted by South Bay Staff on Tuesday, November 27th, 2018 at 9:20am.

Hermosa Beach Weekly Real Estate Market Update

NOVEMBER 27, 2018

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

Hermosa Beach Stats

Inventory: 51 active MLS listings in Hermosa Beach (-2 from last week)

New listings this week: 0

Newly in escrow this week: 2

New closed sales this week: 3

New price cuts this week: 3

Featured New Listings of the Week

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Notable Sales of the Week

702 Loma Drive

(3br/4ba, 2226 sqft.)

Agent's Description:

New Coastal Plantation style "Freestanding-Detached" townhouse in the sand section of Hermosa Beach, 4 walkable blocks to Downtown Hermosa Beach shops and restaurants and some of the best beaches in the world. Exquisitely designed and built by Lane Design Build. This spacious 3-level Middle unit townhouse has an open floor plan with retractable Bi-Folding doors creating a true indoor/outdoor experience. The Panoramic White Water Ocean view roof-top deck has a built-in fireplace to enjoy night time entertaining and epic sunsets. The property features: Custom Cabinetry, French Oak Wood Floors, High-End Thermador Appliances, Quartz Kitchen Counters, Low Maintenance Landscaping, AC-ready and includes an elevator and its own private backyard patio. The Master Bathroom has Quartz Countertops and Calacatta Marble throughout. The Powder, Laundry and additional Bathrooms are decorated with Quartz Countertops, Cement Tile and Porcelain Deco Tile Flooring. Make sure to check out the custom concrete with imbedded sea shells throughout the property. Pre-wired for speakers, security alarm, surveillance system and includes the Ring Elite Entry System. A few blocks to Clark Stadium and one block to the recently remodeled South Park. One of only a few newly constructed properties under $3m with Ocean Views and walking distance to the beach west of Valley/Ardmore.

Sold price: $2,215,000

1133 8th Street

(3br/2ba, 1389 sqft.)

Agent's Description:

This two bedroom plus an office beach bungalow is located at the apex of a cul-de-sac street and is in the middle of it all. Walk through the front gated patio area great for outdoor lounging or dining. Enter into the natural light-filled living room with wood floors, stone fireplace and stunning sunset views from the large windows. The generous kitchen has lovely characteristic features such as granite counters, ample custom cabinetry and dining area. Large master suite with beautiful custom closets open up through French doors to a private deck overlooking the backyard. Spend afternoons under mature, shady trees in the spacious and quiet backyard with several spaces to enjoy, including a large grassy area, patio for dining and a rooftop deck with ocean views. Both the front and backyard are ideal for entertaining with easy access in and out of the house. A bonus sunroom provides great additional square footage and is ideal for a family or game room. With a central location close to shops and restaurants on Pier Avenue, this lovely home exudes SoCal living.

Sold price: $1,500,000

1707 Pacific Coast 125

(2br/2ba, 974 sqft.)

Agent's Description:

Resort living at its best just happens to be the lowest priced 2 bedroom in Manhattan Beach or Hermosa Beach. This newly painted, beautifully updated condo has the benefit of quiet serenity in the rear of the Hermosa Surf community. Custom plantation shutters, hardwood flooring, stainless steel appliances, upgraded bathrooms are just a few of the recent updates to this special unit. Even more special is that this is one of only a few units in the community with a patio that extends the entire length of the unit. Plenty of space for a BBQ and al fresco dining. This is a great opportunity for a first time owner/occupier in the South Bay or as an investment property. The unit has two en-suites separated by the living room, perfect for renters. The many amenities of the Hermosa Surf community include a pool, jacuzzi, gym/sauna, and community room. Two assigned side by side parking spaces along with storage units are included.

Sold price: $690,000

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

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NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS	BD/BA	SQFT	LOT	PRICE	$PSF	DOM	START $	START
18 5th Street	3/4	2155	1691	$3,699,999	$1,717	157	$3,899,000	06/21/18
1218 6th Street	4/4	2440	4003	$2,399,000	$983	80	$2,599,000	09/06/18

NEW CLOSED SALES THIS WEEK

ADDRESS	BD/BA	SQFT	LOT	SOLD PRICE	$PSF	DOM	START $	CLOSED
702 Loma Drive	3/4	2226	5512	$2,215,000	$995	135	$2,425,000	11/23/18
1133 8th Street	3/2	1389	5023	$1,500,000	$1,080	6	$1,399,000	11/21/18
1707 Pacific Coast 125	2/2	974	43536	$690,000	$708	64	$725,000	11/21/18

NEW PRICE CUTS THIS WEEK

ADDRESS	BD/BA	SQFT	LOT	PRICE	$PSF	DOM	START $	START
1965 Manhattan Avenue	3/2	1400	3616	$3,100,000	$2,214	98	$3,350,000	08/20/18
2005 Manhattan Avenue	3/2	1718	3615	$3,100,000	$1,804	97	$3,350,000	08/21/18
1707 Pacific Coast 302	1/1	726	43536	$529,900	$730	48	$549,900	10/08/18