Hermosa Beach Weekly Update (12/11/18)

Posted by South Bay Staff on Tuesday, December 11th, 2018 at 10:40am.

Hermosa Beach Weekly Real Estate Market Update

DECEMBER 11, 2018

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

Hermosa Beach Stats

Inventory: 47 active MLS listings in Hermosa Beach (same as last week)

New listings this week: 2

Newly in escrow this week: 2

New closed sales this week: 1

New price cuts this week: 1

Featured New Listings of the Week

1217 24th Street1217 24th Street Hermosa Beach CA

(3br/3ba, 1668 sqft.)

Agent's Description:

Do you recognize that sound? It's opportunity knocking! This two story Duplex is located in an excellent area of east Hermosa Beach on a fabulous quiet street, and is just a stone's throw to Manhattan Beach. It is a solid investment property whether as an owner occupied home with income or a straight investment property in a great rental area. The Lower Unit is 1 Bedroom/ 1 Bath with current tenant renting for $1,995 (Market of $2,500). Market for Upper Unit is $3,750. The Upper Unit has high vaulted ceilings with living room and balcony. Lower Unit includes a massive private backyard with lovely artificial turf, and a patio. Each unit has its own private laundry and each has been substantially remodeled. Not only is there a two car garage but also additional off street parking. This is an excellent long term hold - and a great property to hold or purchase for your kid's future. 

List price: $1,499,000

460 Prospect Avenue460 Prospect Avenue Hermosa Beach CA

(4br/2ba, 1406 sqft.)

Agent's Description:

Light and bright, unobstructable panoramic ocean view from living room, balcony and master bedroom!! Turnkey 4 bedroom, 1.75 bath single family home in Hermosa Beach! Open beams, vaulted ceilings, fireplace in the living room, wood floors throughout, stainless oven, refrigerator, and dishwasher. Two bedrooms & 3/4 bath on top floor. Two bedrooms, full bath, kitchen, living room with large ocean view balcony and laundry hookups on mid-level, with covered patio and soil for gardening at rear patio. Private 2-Car Garage + car space in driveway on lowest level. Hermosa View/Valley Elementary and Middle School, and choice of Redondo Union or Mira Costa for High School.

List price: $1,300,000

Notable Sales of the Week

1707 Pacific Coast 3251707 Pacific Coast 325 Hermosa Beach CA

(2br/2ba, 974 sqft.)

Agent's Description:

Best priced Ocean View home in Hermosa Beach. This is a once in a lifetime opportunity to own in Hermosa Beach with ocean views from every room at an affordable price. This top floor unit has it all, views, updated kitchen and bathrooms, 2 spacious bedrooms and recessed lighting. This unit is located in the west building so no noise from PCH or Ardmore. This unit also comes with 2 parking spaces and has direct elevator access from the garage. The complex offers amazing amenities: pool, hot tub, gym, gameroom, clubhouse, sauna, atrium garden and 2 awesome rooftop decks to relax and take in the majestic Pacific Ocean. Located in the Heart of downtown Hermosa Beach you can walk to everything hermosa has to offer, dining, shopping, nightlife and great surf spots. All of this and don’t forget the amazing Hermosa Beach school district. 

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

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1217 24th Street 3/3 1668 3002 $1,499,000 $899 4 $1,499,000 12/07/18
460 Prospect Avenue 4/2 1406 2106 $1,300,000 $925 6 $1,300,000 12/05/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1932 The Strand 4/5 3826 2400 $11,950,000 $3,123 202 $13,200,000 05/17/18
1600 Ardmore Avenue 317 1/1 607 59585 $575,000 $947 188 $649,500 05/30/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
1707 Pacific Coast 325 2/2 974 43536 $690,000 $708 9 $625,000 12/11/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1707 Pacific Coast Highway 302 1/1 726 43536 $519,900 $716 65 $549,900 10/08/18

 

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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