Hermosa Beach Weekly Update (3/27/18)

Posted by South Bay Staff on Tuesday, March 27th, 2018 at 12:23pm.

Hermosa Beach Weekly Real Estate Market Update

MARCH 27, 2018

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

Hermosa Beach Stats

Inventory: 50 active MLS listings in Hermosa Beach (+2 over last week)

New listings this week: 5

Newly in escrow this week: 3

New closed sales this week: 2

New price cuts this week: 5

Featured New Listings of the Week

300 28th Street300 28th Street Hermosa Beach CA

(4br/5ba, 3455 sqft.)

Agent's Description:

Spectacular contemporary home with sweeping ocean views, located in the highly desirable sand section of Hermosa Beach and just steps from one of the most beautiful beaches in California! This gorgeous home features wide-open living spaces with breathtaking white-water ocean views, full of light and designed with entertainment in mind. A striking entry with a circular staircase leads to the upper level living areas – an entertainer’s delight! Ocean inspired kitchen features a ten-foot-long Pental Quartz island and an arresting Onyx Mar glass tile backsplash. Twelve-foot-wide doors and a deck off the southwest facing family room showcase views of sand, ocean and waves hitting the beach! The living room captures ocean views to the north, and the dining area features a one of a kind wine cabinet that will be the talk of your dinner parties! Three bedrooms on the entry level include a stand out master suite with every amenity.The lower level features a bedroom, full bathroom, wet bar and a second family room with a fireplace, which opens to an enclosed front yard– perfect for weekend lounging and indoor/outdoor living. Topping off this marvelous beach home is the rooftop deck, showcasing panoramic ocean views from PV to Malibu that can be enjoyed from your own hot tub or on lounge chairs on turf. This home is beach living at it’s finest - walk to downtown Hermosa Beach OR downtown Manhattan Beach, both piers and one of the finest white sand beaches on the west coast. 

List price: $4,199,000

940 5th Street940 5th Street Hermosa Beach CA

(3br/3ba, 2504 sqft.)

Agent's Description:

Delightfully warm and enchanting, discover a charming Cape-Cod Hermosa Beach home with dreamy ocean views. An entertainer's fantasy, the open living spaces lend themselves perfectly to conned and live in the moment as you enjoy the Pacific in the near distance. Escape the regular hustles of life and slow down on the roof deck, ideal for admiring the glowing sunset. Find three large bedrooms on the same level and the master bedroom fitted with a generous spa-like soaking tub. The additional bonus room on the garage level is perfect for a office or a teenager's cave! On the top floor, there is also a 4th bedroom currently being used as an executive office. Ample storage throughout the home is a necessary plus. Discover the harmonious Hermosa lifestyle in your cherished free standing beach home. 

List price: $1,649,999

1222 11th Street1222 11th Street Hermosa Beach CA

(2br/2ba, 1026 sqft.)

Agent's Description:

Zen oasis on the hill. Sitting on an upslope, above the street, cars and all, sits one of my favorite bachelor/bachelorette pads in the beach cities. Lovingly remodeled over the past few years, this home provides the perfect escape from the rigors of city life. From the ocean and sunset view deck, to the tranquil, sunny backyard with its beautiful, soothing salt water swimming pool, this little oasis awaits its owners offering the perfect zen-retreat to unwind. Boasting 2 bedrooms, 2 bathrooms, remodeled kitchen, a new roof and interior doors, and an inviting elevated living room with a wood burning gas starter fireplace, wood beamed tongue & groove ceilings, and an ample deck to lounge and relax. The upside exists to add a 2nd story which would lock in amazing, near panoramic ocean and Santa Monica Mountain views. Parking is not a problem here as this home has a two car garage plus two off street spaces. This home is centrally located in the Hermosa Hills with walkability to Trader Joe's, Starbucks, restaurants, shops, a bank, medical offices, spas, etc. Also, this home is easy on commuters, with excellent near direct access to Aviation Blvd, a speedy thoroughfare to the multiple freeways. Come escape the grind and live the life everyone should but few can. Seller & Broker do not know the property's square footage. The source of the square footage on the MLS and in advertising materials is from tax records. Buyer to verify to their satisfaction. 

List price: $1,279,000

Notable Sales of the Week

15 15th Street 2715 15th Street 27 Hermosa Beach CA

(2br/2ba, 884 sqft.)

Agent's Description:

Just steps to the sand - this top floor southwest corner unit is sun drenched with magnificent ocean, catalina and white water views. With 2 bedrooms, 2 baths and a spacious living room with balcony to enjoy the sunset. This is clearly the most desirable unit in the complex. Located in the Heart of Hermosa and just a few blocks to the Pier , local shops and restaurants. 2 car secure tandem parking, stackable laundry in unit and newer windows through-out. The home is in original condition but what a perfect opportunity for that buyer who wants to do his/her own upgrades to live in this incredible location and live the highly sought after tranquil beach lifestyle. Truly an A+ location.

Sold price: $1,106,000

725 9th 725 9th Hermosa Beach CA

(3br/3ba, 2082 sqft.)

Agent's Description:

Live the Hermosa Beach lifestyle in this classic three bedroom and two and a half bath town home west of PCH. This 2,082 sq ft home is highlighted by a great third level loft/living space that opens to a nice ocean view deck...perfect for entertaining guests or relaxing with the sunsets. Cooled by ocean breezes AND Central Air Conditioning this property also has newer hardwood floors, new carpet and fresh interior paint. Located within the award winning Hermosa school system, there is also easy access to the greenbelt, vibrant Pier Ave shopping and social district, and the BEACH!! 725 9th Street is a great home at a great value in one of the best beach communities in California. 

Sold price: $1,380,000

 

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
1401 Corona Street 2/1 1416 3960 $1,359,000 $960 0 $1,359,000 03/26/18
161 1st Court 3/3 1520 2758 $1,749,000 $1,151 3 $1,749,000 03/23/18
300 28th Street 4/5 3455 2400 $4,199,000 $1,215 4 $4,199,000 03/22/18
940 5th Street 3/3 2504 4865 $1,649,999 $659 4 $1,649,999 03/22/18
1222 11th Street 2/2 1026 2489 $1,279,000 $1,247 4 $1,279,000 03/22/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1600 Ardmore Avenue 219 2/1 710 59585 $599,000 $844 73 $620,000 01/12/18
1648 Palm Drive 3/2 1196 1346 $1,499,000 $1,253 41 $1,499,000 02/08/18
1934 Prospect Avenue 2/1 880 2497 $949,000 $1,078 13 $949,000 03/13/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
15 15th Street 27 2/2 884 13409 $1,106,000 $1,251 10 $1,049,000 03/22/18
725 9th 3/3 2082 0 $1,380,000 $663 9 $1,399,000 03/21/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
438 Hermosa Avenue 4/4 2500 4006 $2,868,000 $1,147 70 $3,198,888 01/15/18
429 24th Street 6/3 3580 3905 $3,988,999 $1,114 26 $3,999,000 02/28/18
708 2nd 4/4 2541 4582 $2,188,000 $861 26 $2,299,000 02/28/18
125 4th Street A 4/4 2336 2928 $2,250,000 $963 18 $2,388,000 03/08/18
434 Gentry Street 2/2 992 2490 $1,175,000 $1,184 38 $1,229,000 02/16/18

 

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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