Hermosa Beach Weekly Update (5/1/18)

Posted by South Bay Staff on Wednesday, May 2nd, 2018 at 8:08am.

Hermosa Beach Weekly Real Estate Market Update

MAY 1, 2018

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

Hermosa Beach Stats

Inventory: 52 active MLS listings in Hermosa Beach (+5 over last week)

New listings this week: 5

Newly in escrow this week: 6

New closed sales this week: 5

New price cuts this week: 2

Featured New Listings of the Week

2524 Manhattan Avenue2524 Manhattan Avenue Hermosa Beach CA

(5br/4ba, 3770 sqft.)

Agent's Description:

This sleek, stylish contemporary remodel of a Mediterranean classic offers breathtaking panoramic ocean, sand and whitewater views. With a perfect North Hermosa Beach location, this five bedroom, 4 bathroom home has 3,770 sq ft of living space on a large gated 4,151 sq ft street-to-street lot. The entrance is dramatically emphasized with an elegant warm Walnut staircase contrasted by chic Anzer white tile. The kitchen, entertaining and family areas are upstairs, capitalizing on the fabulous views with lots of windows and spacious open concept living. The kitchen is adorned with Italian Dada lacquer-finish cabinetry, Miele appliances, massive center island with bar seating, and dining area with 180 degree views. The butler’s pantry has a full-sized secondary fridge and dumbwaiter, and there's a formal dining room, den and powder room. The family room is highlighted by a fireplace and folding glass panel wall, opening to a deck and the beach beyond. Ascend a handful of steps to find yourself on a roof-deck that motivates you to pause, and take in the awe-inspiring panoramic views of the ocean and beach below. The master suite is a sanctuary adorned with walnut floors, fireplace, sitting area and his-and-hers walk-in closets. The spa-like master bathroom is enhanced by an over-sized soaking tub, mosaic tiled shower and sauna. The 3-car garage has epoxy-coated floors, and there's an additional guest parking spot with automated gate & outdoor shower. Welcome to the beach's best! 

List price: $3,749,000

1104 Cypress1104 Cypress Hermosa Beach CA

(3br/4ba, 2250 sqft.)

Agent's Description:

Brand new Coastal Plantation townhouse in the heart of the Hermosa Beach Sand Section. Designed by noted architect Douglas Leach and quality construction from Jake and Dennis Cleland of DC Construction Inc, this is a great property for the most discerning buyers. Top floor living has a great open floor plan with kitchen opening up to family room, dining room and patio with neighborhood and tree views. Gourmet kitchen features Thermador stainless steel appliances, and Carrara marble island. White oak flooring in top floor, master bedroom and hallways. Master bedroom has walk in closet, and patio area. Master bath has quartz stone countertops, tile flooring, and master tub. Kholer bathroom and kitchen fixtures. Nickle board along stairwell and family room. Wired for cameras for front door and garage. Plumbed for dual zoned A/C. Walk to downtown shops, restaurants and beach!

List price: $2,399,000

64 15th Court64 15th Court Hermosa Beach CA

(3br/2ba, 1441 sqft.)

Agent's Description:

NOT JUST AN AMAZING LOCATION!!! Located adjacent to Grandview Inn and catty-cornered to Beachhouse less than a half block to the famous Hermosa Strand, this vintage duplex on a commercially zoned 30 X 95 (2,850 SF) beach lot has all kinds of possibilities. It can be used as a legal non-conforming duplex and the rents shown in the analysis reflect that. Or, it can be used a legal non-conforming structure with a conforming use by renting it on a daily or weekly basis and treating it like a hotel or B and B (for which it is zoned and for which the current owner uses it). You could even build a new B and B hotel; or develop an office or other commercial building. This property makes a terrific land bank in an area of the downtown Hermosa Beach commercial zone that continues to undergo a transformation that will keep it at the forefront of southern California Beach communities - I mean it is already often referred to as one of the most beautiful beaches in the Southern California. There is an abundance of on-site parking, including a single car garage accessed off 15th Crt and 6-9 spaces accessed off 14th street. 

List price: $2,295,000

Notable Sales of the Week

3218 Morningside Drive3218 Morningside Drive Hermosa Beach CA

(5br/5ba, 3616 sqft.)

Agent's Description:

Prepare to be stunned & awed as you enter North Hermosa's newest high end contemporary single family home. Dramatic split level 5 bedroom 4 1/2 bath 3616 sqft (BTV) residence, just steps to the beach and situated on the convenient corner of Longfellow and Morningside Dr. Enter the massive (but easy opening) glass entry door, into a foyer that is lined on one side by a jaw dropping 3 dimensional stone wall that climbs from floor to ceiling to an extraordinary 3 story height.Oversized attached garage with gleaming epoxy floors,that has direct access into residence. The basement level contains two secondary bedrooms with tastefully decorated en suite bathrooms and a separate laundry room. The master wing is one short stairwell up, to a master suite filled with natural light, large his and her closets and a sumptuous master bath with freestanding tub and oversized shower. Convenient auxiliary stackable laundry on middle level adjacent to 2 more secondary beds & 1 bath.The top level is an amazing array of a very large great room leading through Fleetwood pocket doors onto a massive ocean view front balcony with fireplace,creating an inviting seamless transition from indoor, to outdoor lounging and dining!The slightly elevated gourmet kitchen overlooks the great room, and is complete with all high end appliances including a Miele espresso maker! There is a separate dining area adjacent and it leads to it's own private BBQ balcony conveniently close to kitchen and eating areas.

Sold price: $3,875,000

419 24th Street419 24th Street Hermosa Beach CA

(3br/2ba, 1337 sqft.)

Agent's Description:

Huge Price Drop! Motivated Seller! Classic 3 bedroom, 2 bathroom Beach Bungalow with TONS of Bohemian charm! It is perfect for a modest owner as an investment, owner user property or as a development opportunity. Live in now and build later!!! Located just 4 short blocks to the beach and a few more to Downtown Hermosa and Manhattan Beach, this oversized Sand Section lot is filled with potential. With almost 200 square feet of additional enclosed porch space, this home lives functionally bigger than presented.

106 Monterey Boulevard106 Monterey Boulevard Hermosa Beach CA

Sold price: $1,760,000

(2br/2ba, 1285 sqft.)

You can almost touch the Pacific Ocean as you gaze at it from 3 blocks away. Its location and style of this San Francisco style residence is a most-likely excellent venue to shoot a scene in a movie; beautiful roses blooming in the Spring, white picket fence, soft hue colored curb appeal, stroll to Granny’s Café for a coffee and sandwich. Plus, the residence is one of the few inexpensive investments left at the beach in move-in condition; new dual paned high-end windows, hardwood floors, outdoor kitchen balcony, indoor fireplace, storage and exclusive parking. Community roof top deck that the residents rarely use for lazy days when the beach 3 blocks away and downtown Hermosa Beach 8 blocks away is just too far to go, and you’d rather just do nothing and everyone can come to you instead.

Sold price: $1,099,000

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
64 15th Court 3/2 1441 2850 $2,295,000 $1,593 3 $2,295,000 04/26/18
1104 Cypress 3/4 2250 5040 $2,399,000 $1,066 3 $2,399,000 04/26/18
1136 Monterey Boulevard 3/3 1712 2922 $2,350,000 $1,373 4 $2,350,000 04/26/18
2524 Manhattan Avenue 5/4 3770 4151 $3,749,000 $994 4 $3,749,000 04/26/18
1830 Pacific Coast Highway 3/3 2036 12936 $1,659,000 $815 4 $1,659,000 04/26/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
517 Prospect Avenue 5/4 3725 8123 $2,599,000 $698 226 $2,899,000 09/15/17
824 3rd Street 3/2 1862 2255 $1,299,000 $698 8 $1,299,000 04/19/18
120 28th Street 5/5 3924 2490 $5,499,000 $1,401 19 $5,499,000 04/11/18
598 1st Street 3/4 2030 7424 $1,495,000 $736 40 $1,495,000 03/20/18
1720 Ardmore Avenue 319 2/2 974 55440 $725,000 $744 5 $725,000 04/19/18
1834 Pacific Coast Highway 3/4 2036 4965 $1,659,000 $815 5 $1,659,000 04/24/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
1600 Ardmore Avenue 219 2/1 710 59585 $600,000 $845 89 $620,000 04/27/18
419 24th Street 3/2 1337 3016 $1,760,000 $1,316 247 $2,199,000 04/26/18
106 Monterey Boulevard 2/2 1285 10150 $1,099,000 $855 5 $1,099,000 04/26/18
3218 Morningside Drive 5/5 3616 2462 $3,875,000 $1,072 143 $3,999,000 04/25/18
632 9th Street 4/4 2934 5396 $1,730,000 $590 51 $1,749,000 04/25/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2710 El Oeste Drive 5/8 4469 7255 $4,795,000 $1,073 47 $4,995,000 03/14/18
712 Ardmore Avenue 4/4 2700 0 $2,199,999 $815 117 $2,650,000 01/03/18

 

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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