Hermosa Beach Weekly Update (6/26/18)

Posted by South Bay Staff on Tuesday, June 26th, 2018 at 6:44am.

Hermosa Beach Weekly Real Estate Market Update

JUNE 26, 2018

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

Hermosa Beach Stats

Inventory: 65 active MLS listings in Hermosa Beach (+7 over last week)

New listings this week: 9

Newly in escrow this week: 2

New closed sales this week: 4

New price cuts this week: 3

Featured New Listings of the Week

2131 Hermosa Avenue2131 Hermosa Avenue Hermosa Beach CA

(4br/5ba, 3291 sqft.)

Agent's Description:

Awake to the sound of waves crashing on shore and seagulls calling. Your white water view indicates a swell is coming. Grab a coffee and a breakfast sandwich at Martha’s before you cross the cool morning sand looking for the best spot to paddle out. Feel the sun on your back as the day begins to warm up. Spend a few hours playing in the surf, releasing all the stress from the week. Come home, rinse the sand off your toes and hop on a bike to cruise The Strand. Return to your favorite beach chair and settle under an umbrella. You anticipate a full house tonight, so a quick trip to the Green Store is in order to make sure you have all you need. Welcome friends to the top floor for cocktails and hors d'oeuvres. Step up to the roof deck, put dinner on the grill as you watch the sun set between the piers. You just had the perfect Hermosa Beach day. Living the dream is most certainly within reach.

List price: $4,275,000

1120 Palm Drive1120 Palm Drive Hermosa Beach CA

(4br/5ba, 2776 sqft.)

Agent's Description:

The Urban Beach House with the signature of Jon Starr of Starr Design Group. Sleek style, luxury living, unbelievable panoramic ocean view, in the heart of the action of downtown Hermosa Beach. Sunday brunches, concerts on the beach, weekly farmers’ markets, surf contests and volleyball tournaments all within a flip flop stroll from your front door. Watch the sun light up the ocean before you even crawl out of bed. Leave the car in the garage. If the destination is farther than your feet can propel you, it might just be too far. Luxury beach life presents difficult choices, like taking the stairs or ascending in the 3-stop elevator. Sliding the doors open wide for the clean ocean breeze or reclining in air-conditioned comfort. It’s not just the feeling of being on vacation; this is your home. Summer is here and you have the best spot to enjoy it all.

List price: $3,495,000

240 Monterey Boulevard240 Monterey Boulevard Hermosa Beach CA

(3br/4ba, 2394 sqft.)

Agent's Description:

Welcome Home! This detached townhome will knock your socks off! Ocean views (inside and from decks) abound from this open floor plan, entertainer's dream! Chef's Kitchen with its own BBQ deck opens gracefully onto gorgeous great room, which in turn opens onto first deck...complete with ocean views. Perfect for entertaining. Next up, fantastic roof top with ocean views that won't quit! Nice spot for an afternoon/evening party with friends after a day at the beach. SUNSETS!! All bedrooms are en suite and beautifully appointed. Hand Hewn Walnut floors throughout showcase this beauty. This property also boasts Air Conditioning, floor to ceiling windows, fireplace in living room, recessed lighting, full garage with extra storage and a "mancave/wine cellar", a small backyard and is located 2 blocks to the beach, 1 block to South Park and 10 blocks to downtown Hermosa! Inactive HOA! 

List price: $2,295,000

Notable Sales of the Week

633 30th Street633 30th Street Hermosa Beach CA

(5br/8ba, 6290 sqft.)

Agent's Description:

This newly constructed Modern Plantation home is redefining luxury living thanks to its exquisitely unique design, high-end finishes, and breathtaking ocean and city views! Situated in a quiet, premier section of Hermosa Beach, this 6290 sq ft house is the perfect combination of luxury, class, comfort and functionality. The Master Suite is expansive and bright, fitted with a fabulous fireplace, private balcony, substantial walk-in closet, and lavish master bathroom. Downstairs, you will find the entertainment area, where you can relax in the recreation room, enjoy a state-of-the-art home theater, workout in the exercise room, or open the folding doors to the ample backyard. Upstairs, the open floor plan provides impeccable panoramic ocean views whether you’re spending time in the stunning kitchen, delectable dining areas, grand great room, or large heated outdoor living space with a built-in barbecue. This floor has 3 sets of folding doors, making the indoor-outdoor experience one that cannot be beat. For an even more remarkable view, head up to the rooftop deck that offers surreal sights of the South Bay and is built to support a Jacuzzi. To top it all off, this home has high ceilings, 5-7 sizable bedrooms, an elevator, a laundry room, and a centralized sound system. Absolutely no expense spared with immense attention to detail by devoted developer Nadeem Khulusi, showcasing his commitment to quality and passion for excellence. 

Sold price: $8,300,000

1022 7th Street 1022 7th Street Hermosa Beach CA

(5br/6ba, 3300 sqft.)

Agent's Description:

Stunning new construction... a true original in the Hermosa Hills. This Global Contemporary home features 5 bedrooms, 4 full bathrooms and 2 half-baths with over 3300 square feet of pure European flair from every level. Step inside and immediately feel the soft angles and ocean views. Upstairs watch the sunset while you enjoy the custom European kitchen with upscale Miele appliances with steam oven, butler's pantry with additional fridge option, wine fridge, and walk-in wet bar area. There's an abundance of warm light beaming into the large entertaining living area, dining area, and a 20ft pocket door opens to a creative indoor/outdoor living space. 5th bedroom/office with, yet another, ocean view balcony, also featured on this level. A few steps upstairs and you're on your private, sun-drenched rooftop deck with breathtaking panoramic ocean views. Main level living area features master suite with even more ocean views and balcony, and two additional ensuite bedrooms. Lower level features additional ensuite bedroom, and large media/play room. Direct access to garage, and a 3-stop elevator for convenience and ease. Imported custom closets, solid wood doors from Spain, Mohogany hardwood floors made in America, Porcelanosa tile from Italy, SmartHome wired, Nest self learning thermostat, and so many more extras. 

Sold price: $2,450,000

702 11th Street702 11th Street Hermosa Beach CA

(4br/3ba, 2290 sqft.)

Agent's Description:

This elegant, quiet, end unit of 3, ocean view townhome is located in the hip Hermosa Valley. With 4 bedrooms, almost 2300’ and a panoramic view from the private roof top deck, this one will make you want to move in on the spot! The home features three levels: Top floor provides a spacious open floor plan with the Chef’s kitchen, dining room, living room with custom stone fireplace, high ceilings, recessed lighting and a light airy feel from the abundance of windows and front deck with ocean view. Middle level has 3 bedrooms. Master has 2 walk-in closets, fireplace and its own deck. Lower level featues the 4th bedroom or office and laundry room. With direct access into the home the spotless 2-Car Garage has numerous storage cabinets plus an extra storage area. Just a short walk to the chip path, Pier Avenue and Downtown Hermosa Beach for shopping, dining or a day at the Beach. 

Sold price: $1,740,000

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
540 1st Street 7 3/3 1509 23732 $1,250,000 $828 2 $1,250,000 06/22/18
1430 Bonnie Brae 2/3 1453 3795 $1,599,000 $1,100 2 $1,599,000 06/22/18
435 Longfellow Avenue 3/1 1311 2439 $1,875,000 $1,430 2 $1,875,000 06/21/18
1120 Palm Drive 4/5 2776 4000 $3,495,000 $1,259 3 $3,495,000 06/21/18
535 Monterey Boulevard 3/4 2812 3111 $2,285,000 $813 3 $2,285,000 06/21/18
2131 Hermosa Avenue 4/5 3291 2318 $4,275,000 $1,299 3 $4,275,000 06/21/18
509 3rd Street 2/3 1639 1490 $1,399,000 $854 4 $1,399,000 06/21/18
1707 Pacific Coast Highway 1/1 666 43536 $565,000 $848 4 $565,000 06/20/18
240 Monterey Boulevard 3/4 2394 3006 $2,295,000 $959 4 $2,295,000 06/20/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2032 Hillcrest Drive 3/2 1938 2001 $1,349,000 $696 71 $1,449,000 04/14/18
3205 Highland Avenue 4/3 1809 3300 $2,995,000 $1,656 36 $2,995,000 05/15/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
633 30th Street 5/8 6290 5275 $8,300,000 $1,320 15 $8,500,000 06/22/18
702 11th Street 4/3 2290 5991 $1,740,000 $760 4 $1,725,000 06/21/18
1022 7th Street 5/6 3300 5182 $2,450,000 $742 7 $2,389,000 06/20/18
320 Hermosa Avenue 202 2/2 1051 8009 $1,225,569 $1,166 11 $1,195,000 06/20/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1600 Ardmore Avenue 301 2/1 727 59585 $759,000 $1,044 11 $779,000 06/14/18
1600 Ardmore Avenue 317 1/1 607 59585 $635,000 $1,046 25 $649,500 05/30/18
439 8th Street 3/2 1260 1622 $1,389,000 $1,102 16 $1,425,000 06/08/18

 

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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