Hermosa Beach Weekly Update (4/30/19)

Posted by South Bay Staff on Tuesday, April 30th, 2019 at 10:18am.

Hermosa Beach Weekly Real Estate Market Update

APRIL 30, 2019

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 (+4 over last week)

New listings this week: 3

Newly in escrow this week: 2

New closed sales this week: 10

New price cuts this week: 2

Featured New Listings of the Week

716 Longfellow Avenue716 Longfellow Avenue Hermosa Beach CA

(2br/2ba, 912 sqft.)

Agent's Description:

One of the lowest priced move in ready homes west of the PCH to hit the market. This 2 BD 2 BA, ocean view property is your quintessential beach cottage. French doors lead to a generous sized patio creating a perfect blend of indoor/outdoor SoCal living. Interior features include Hardwood floors, fireplace, stainless steel appliances and a large garage. Alley behind house is a dead end street. Perfect, safe spot to teach your kid to ride a bike. Potential ocean and PV views from the back with the addition of a roof deck or second story. Location cannot be beat. One street from Manhattan Beach hill section, perfectly situated between both Manhattan Beach and Hermosa Beach piers. Stroll to either one of them for the restaurant scene or for a day at the beach. Those with kids will appreciate Hermosa's highly rated schools. This property will appeal to the owner user or developer, or some lucky buyer that wants a nice place to call home before building their dream home down the line.

List price: $1,399,000

1040 Loma Drive1040 Loma Drive Hermosa Beach CA

(3br/2ba, 1524 sqft.)

Agent's Description:

You just found the perfect Sand Section Lot to build two townhomes! (Lot dimensions 40' x 90' = 3600 Sq Ft) Nobody is ever going to build a house to your immediate South because there is a walking path down into the Clark Stadium Baseball field, and all the fun recreational landmarks on Valley & Ardmore - tennis, basketball, lawn bowling, etc. That means this property is soaking in views and natural sunlight from the South & East all year round - gorgeous sunrise views every day! Carry home your groceries from Farmer's Market on Friday's, play in the grass at Clark field, take the dog for a cruise down the Greenbelt, a few blocks to the Strand or a couple blocks north to all the restaurants, bars and shops on Pier Ave! The existing cottage is so cute, with 3 beds and 2 baths and a bonus workroom at the rear of the lot. Buyers are advised to consult City of Hermosa for all building requirements. 

List price: $1,700,000

Notable Sales of the Week

719 1st Placehttps://www.southbayconfidential.com/Hermosa-Beach-CA-90254/719-1st-Place/mls-SB19039842/

(4br/4ba, 2739 sqft.)

Agent's Description:

Contemporary detached townhome with rooftop deck featuring ocean views. Custom three story home is a modern entertainment masterpiece. The interior is open and bright with four spacious bedrooms and 4 full bathrooms. The gourmet kitchen features custom cabinetry, built-in stainless-steel appliances, quartz counter tops, dual sinks, and a large breakfast bar. The dining area and kitchen flows perfectly for entertaining. The master bedroom includes wiring for separate entertainment system, private balcony, walk-in closet with built-in wardrobes. The beautiful master bath has freestanding soaking tub, large shower with dual shower heads, quartz countertops and custom cabinetry. Extra amenities in this home includes custom lighting fixtures throughout, central vacuum, custom floating fireplace, elevator, split security system, plumbed for air conditioning, solid hardwood floors, quartz slabs throughout, floating mirrors with LED touch lighting, and professional organization in all closets. Conveniently located near beaches, schools, shopping and freeways.

Sold price: $2,450,000

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
716 Longfellow Avenue 2/2 912 2517 $1,399,000 $1,534 1 $1,399,000 04/30/19
1040 Loma Drive 3/2 1524 3600 $1,700,000 $1,115 6 $1,700,000 04/25/19
1131 19th Street 2/1 912 2400 $999,000 $1,095 7 $999,000 04/24/19

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
501 Herondo Street 40 2/3 1439 92623 $980,000 $681 7 $980,000 04/25/19
354 Longfellow Avenue 3/3 1782 2102 $2,499,000 $1,402 7 $2,499,000 04/25/19

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
1600 Ardmore Avenue 127 2/2 980 59585 $700,000 $714 46 $740,000 04/30/19
460 Prospect Avenue 4/2 1406 2106 $1,375,000 $978 61 $1,300,000 04/30/19
150 31st Street 4/3 1474 2445 $2,190,000 $1,486 12 $1,899,000 04/30/19
211 32nd Place 4/1 1296 1046 $918,000 $708 113 $1,300,000 04/29/19
1202 20th Place 3/1 1176 2505 $839,000 $713 45 $1,050,000 04/29/19
714 Marlita Street 6/5 8390 9155 $6,850,000 $816 18 $6,999,000 04/29/19
736 Gould Avenue 32 3/3 1684 66493 $1,500,000 $891 4 $1,399,000 04/29/19
2704 Hermosa Avenue 2/2 1352 1351 $2,250,000 $1,664 8 $2,199,000 04/26/19
316 29th Court 2/2 1248 1202 $1,362,750 $1,092 2 $1,459,000 04/26/19
719 1st Place 4/4 2739 0 $2,450,000 $894 12 $2,475,000 04/24/19

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
160 Ardmore Avenue 4/4 2362 22658 $1,565,000 $663 58 $1,595,000 03/05/19
530 Loma Drive 4/3 3310 3169 $2,399,000 $725 48 $2,599,000 03/14/19

 

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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