Hermosa Beach Weekly Update (7/31/18)

Posted by South Bay Staff on Wednesday, August 1st, 2018 at 10:45am.

Hermosa Beach Weekly Real Estate Market Update

JULY 31, 2018

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

Hermosa Beach Stats

Inventory: 64 active MLS listings in Hermosa Beach (-6 from last week)

New listings this week: 2

Newly in escrow this week: 9

New closed sales this week: 3

New price cuts this week: 2

Featured New Listings of the Week

708 2nd St

(4br/4ba, 2541 sqft.)

Agent's Description:

Relax, Chill and Enjoy! Whatever term you prefer, you’ll get a feeling of comfort as soon as you approach this Hermosa Beach home from it private entry. Ocean views from the living area and patios remind you why you love living at the beach. West facing views provide iconic South Bay sunsets from your wide open living area with 9' ceilings. Being west of PCH provides easy access to the beach, greenbelt and town. Escape to the roof patio for your favorite cold drink and enjoy the PV to Malibu views. This is Hermosa Beach living at its best. High end finishes and amenities throughout include; Viking & Bosch appliances in the gourmet kitchen, white oak flooring, Grohe faucets, large master suite with walk-in closet, and a bathroom fit for a spa. You can even enjoy a lush and quiet outdoor area yourself, or for your furry four-legged friends!

List price: $2,099,000

647 2nd Street

(3br/3ba, 2075 sqft.)

Agent's Description:

Imagine yourself relaxed on a spacious upper balcony in Hermosa Beach, taking in the peek-a-boo ocean view and cool evening breeze on a warm summer night. This stunning 3 bedroom, 2.5 bathroom, 2,075 sq ft condo, just 6 blocks from the beach is prepped and ready to make that dream a reality. Gorgeous wide-plank engineered hardwood floors and plantation shutters carry throughout this cozy home that is brilliant with natural light. That upper balcony blends seamlessly through french doors with an open floor plan complete with a family room, gas/wood burning fireplace, dining room, 1/2 bathroom and kitchen. The chic kitchen boasts Cambria Quartz countertops, 6-burner stove, dishwasher and breakfast bar seating. Downstairs, on the entry level you will find 3 bedrooms and 2 bathrooms including the master suite. 2 of the bedrooms recently had new closet doors installed with built in custom shelving. The 3/4 bathroom on this level offers double sinks and a large walk-in shower with new tile flooring. The master suite is a perfect retreat with it's own private patio and spa-like master bathroom including new tile shower and flooring, double sinks and soaking tub. Finally on the lower level you'll find under stair storage, a spacious laundry room and a 2 car garage with an extra carport parking space. This prime location sits just 1 block to the Greenbelt, 6 blocks to the beach, 10 blocks to lively downtown Hermosa and has convenient access to PCH for commuters.

List price: $1,399,000

Notable Sales of the Week

3205 Highland Avenue

(4br/3ba, 1809 sqft.)

Agent's Description:

Quint duplex on an oversized rare 40' wide lot has tons of potential. The 3,300 square foot lot is 38% larger than the typical North Hermosa Beach lot. 3 bedroom owner unit downstairs with nice size yard/patio area and a 1 bedroom unit upstairs with good ocean views. Property is also fully approved with coastal and the city of Hermosa Beach for a 4,800 square foot above grade home designed by Mark Trotter with big ocean views. The property is located on the crest of Longfellow on an R2 lot (30 feet height potential). Allowing for HUGE views over the R1 on the south side of Longfellow and providing good views from three levels of the home. In the heart of a classic coastal neighborhood, this location is a nucleus for family and friends. Relaxed but refined, crisp but inviting, the casual elegance of this purposeful environment embraces an active beach life where sun, sand, ocean breezes, and memories are closely interwoven.

Sold price: $2,935,000

512 Longfellow Avenue

(3br/3ba, 1720 sqft.)

Agent's Description:

Just a short walk to the beach and perfectly placed between Hermosa Beach and Manhattan Beach Piers, there is no shortage of local charm or activities surrounding this 3 bed, 2.5 bath beach house. Spread over 1720 sq ft, in north Hermosa Beach’s Shakespeare Tract 512 Longfellow Avenue enjoys plantation shutters throughout, a vaulted ceiling and an open living area with gas/wood burning fireplace. Two refinished balconies to the front and rear of the home fill it with sunlight and ocean breeze while offering a relaxing place to watch the sunset year-round. The kitchen hosts all the essentials and is accented with breakfast bar, bay window and a skylight. The master suite has a private balcony, gas/wood burning fireplace, custom built-in storage, walk in closet and en-suite bathroom. On the lower floor are two additional bedrooms with custom closets, a laundry area with privacy shade and a full bathroom. The zen back yard and patio are drought-resistant and ready to entertain. This home also has a large 1-car garage with custom built-in storage, and a ton of off-street parking. Enjoy the close proximity to the beach and downtown Hermosa, start living the good life. The main photo of the White House with Black trim is a DIGITAL RENDITION of what this currently blue home would look like if it were white.

Sold price: $1,600,000

2032 Hillcrest Drive

(3br/2ba, 1938 sqft.)

Agent's Description:

This is a wonderful home located on highly desirable family street with lots of kids, friendly neighbors, a great sense of community and a school right around the block. This home is located on a West facing lot with sunset and peek-a-boo ocean views. It has a bright open floor plan and is flooded with light from the many bright windows and skylights. The living room has vaulted beamed ceilings, plantation shutters, a balcony, a rear deck and a nice rear yard. The home is in very well maintained condition. Few homes like this come available on this street and it is a great opportunity to raise a family in this wonderful Hill Section location.

Sold price: $1,310,000

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
708 2nd St (back Home)	4/4	2541	4582	$2,099,000	$826	4	$2,099,000	07/26/18
647 2nd Street	3/3	2075	6901	$1,399,000	$674	5	$1,399,000	07/25/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS	BD/BA	SQFT	LOT	PRICE	$PSF	DOM	START $	START
1113 Valley Drive	2/3	2058	5443	$1,299,000	$631	16	$1,299,000	07/13/18
1500 Hermosa Avenue	4/4	2881	3993	$3,675,000	$1,276	20	$3,675,000	07/10/18
1100 Cypress Avenue	3/4	2250	5040	$2,500,000	$1,111	0	$2,500,000	04/26/18
708 Loma Drive	3/2	1134	2664	$1,549,000	$1,366	17	$1,549,000	07/13/18
101 Lyndon Street	3/4	2370	7210	$2,650,000	$1,118	102	$2,780,000	04/19/18
1326 Owosso Avenue	4/3	2619	4997	$1,399,000	$534	12	$1,399,000	07/18/18
621 9th Street	3/3	2279	5413	$1,575,000	$691	43	$1,575,000	06/17/18
1401 Corona Street	2/1	1416	3960	$1,359,000	$960	122	$1,359,000	03/26/18
1120 Palm Drive	4/5	2776	4000	$3,495,000	$1,259	33	$3,495,000	06/21/18

NEW CLOSED SALES THIS WEEK

ADDRESS	BD/BA	SQFT	LOT	SOLD PRICE	$PSF	DOM	START $	CLOSED
512 Longfellow Avenue	3/3	1720	1509	$1,600,000	$930	111	$1,895,000	07/27/18
3205 Highland Avenue	4/3	1809	3300	$2,935,000	$1,622	36	$2,995,000	07/27/18
2032 Hillcrest Drive	3/2	1938	2001	$1,310,000	$676	68	$1,449,000	07/27/18