Hermosa Beach Weekly Update (4/24/18)

Posted by South Bay Staff on Tuesday, April 24th, 2018 at 10:22am.

Hermosa Beach Weekly Real Estate Market Update

APRIL 24, 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 (+2 over last week)

New listings this week: 8

Newly in escrow this week: 6

New closed sales this week: 1

New price cuts this week: 0

Featured New Listings of the Week

101 Lyndon Street101 Lyndon Street Hermosa Beach CA

(3br/4ba, 2370 sqft.)

Agent's Description:

This beach lover’s dream home is located just steps away from the beach, in the Hermosa Beach Sand section. With gorgeous ocean views, this beautifully designed home is perfect for anyone dreaming of seaside living, watching the sunset or taking a walk on the strand. Plenty of outdoor space with balconies, and large decks. Located close to the Hermosa Beach Pier with all its great restaurants and the King Harbor Marina, this home features three bedrooms, four bathrooms, a gourmet kitchen, wood burning fireplace in the living room, a large main floor deck and a spacious roof top deck with beautiful ocean views. The master suite features two French doors, a fireplace and the master bath has his and hers sinks, a Jacuzzi tub and a walk-in shower. There are many upgrades throughout the home, including an upgraded kitchen and powder room, and a built-in Twin Eagles grill on the main deck. The rooftop is ready for entertaining with granite counters, fireplace, a built-in bar, refrigerator, sink and cabinets. High-tech control system throughout home for blinds, lighting, temperature, security and music. The garage has a mirrored gym with a weight machine, plenty of extra storage, and a built-in wine closet with a cooling system that can hold more than 200 bottles. Architectural detail and design by Lee Oakes. 

List price: $2,780,000

1650 Manhattan Avenue1650 Manhattan Avenue Hermosa Beach CA

(8br/6ba, 3294 sqft.)

Agent's Description:

Zoned for a future custom SFR, this is an outstanding opportunity to obtain a property in the heart of Hermosa Beach where you can take advantage of an income opportunity now while planning a future custom single family home with jaw-dropping ocean views! An ideal location close to all the shopping, dining and community activity in Downtown Hermosa and just a few short blocks from The Strand and the beach. CURRENT FRONT BUILDING - The Manhattan Avenue side of the lot finds a building with 2 units. One unit is situated directly over a 2 car garage and features 2 bedrooms, 2 baths, a large ocean view living room and a large kitchen. The 2nd unit is found above and features 2 bedrooms and 1 bath. It enjoys vaulted ceiling, vintage cottage design details and an outstanding ocean view. Behind the 2 car garage is a large bonus room with a 3/4 bath; it could be a potential home office, workout room, or art studio or hobby room. CURRENT BACK BUILDING - The Bayview Drive side of the lot finds a 2nd building, also with 2 units, A 1 bed, 1 bath unit on the street level offers a living area, large bedroom with walk-in closet, a separate kitchen and a full bath. The 2nd unit is located above and it offers an abundantly sized living/dining room combo, a sunny kitchen, 2 cottage-cute bedrooms and 1 bath. 

List price: $2,575,000

3005 Manhattan Avenue3005 Manhattan Avenue Hermosa Beach CA

(3br/3ba, 1737 sqft.)

Agent's Description:

Contemporary designer home in prime Hermosa Beach location. Completely remodeled with nothing but the best to complement luxury living at its finest. Features include dual paned windows, bamboo flooring, European cabinets, Caesarstone countertops, and stainless steel GE Cafe Appliances in the kitchen. Three bedrooms, including two master suites on the second floor, one with a private patio that has gorgeous ocean views. An abundance of natural lighting throughout entire home. Three bathrooms, each with custom vanities, and designer touches like Ann Sakes tiles, Hans Grohe hardware, and a Duravit sink. The formal living room has a fireplace and opens onto a patio perfect for entertaining. Other rooms include the formal dining room, laundry room, and large storage room. Central air conditioning! 2-Car attached garage. Home is steps away from the ocean creating an opportunity for relaxing beach days and endless breathtaking sunsets.

List price: $2,499,000

Notable Sales of the Week

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. 

Sold price: $1,700,000

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
3005 Manhattan Avenue 3/3 1737 2456 $2,499,000 $1,439 2 $2,499,000 04/20/18
824 3rd Street 3/2 1862 2255 $1,299,000 $698 3 $1,299,000 04/19/18
1720 Ardmore Avenue 319 2/2 974 55440 $725,000 $744 3 $725,000 04/19/18
1650 Manhattan Avenue 8/6 3294 2334 $2,575,000 $782 3 $2,575,000 04/19/18
101 Lyndon Street 3/4 2370 7210 $2,780,000 $1,173 3 $2,780,000 04/19/18
2481 Valley Drive 3/2 1616 6641 $1,990,000 $1,231 3 $1,990,000 03/18/18
2311 Park Ave 2/2 1305 1123 $2,199,000 $1,685 4 $2,199,000 04/18/18
1851 Rhodes Street 4/3 2630 6455 $2,595,000 $987 6 $2,595,000 04/18/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
161 1st Court 3/3 1520 2758 $1,749,000 $1,151 31 $1,749,000 03/23/18
1754 Valley Park Avenue 4/5 3660 5744 $2,799,999 $765 42 $2,799,999 03/12/18
438 Hermosa Avenue 4/4 2500 4006 $2,868,000 $1,147 97 $3,198,888 01/15/18
830 Loma Drive 3/4 2067 0 $2,188,000 $1,059 44 $2,288,000 03/09/18
300 28th Street 4/5 3455 2400 $4,199,000 $1,215 23 $4,199,000 03/22/18
917 24th Street 4/3 2033 4203 $1,390,000 $684 26 $1,390,000 03/27/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
940 5th Street 3/3 2504 4865 $1,700,000 $679 11 $1,649,999 04/19/18

NEW PRICE CUTS THIS WEEK

 

 

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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