Hermosa Beach Weekly Update (8/21/18)

Posted by South Bay Staff on Tuesday, August 21st, 2018 at 6:58am.

Hermosa Beach Weekly Real Estate Market Update

AUGUST 21, 2018

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

Hermosa Beach Stats

Inventory: 63 active MLS listings in Hermosa Beach (+1 over last week)

New listings this week: 3

Newly in escrow this week: 1

New closed sales this week: 2

New price cuts this week: 3

Featured New Listings of the Week

1706 Manhattan Avenue1706 Manhattan Avenue Hermosa Beach CA

(2br/1ba, 1606 sqft.)

Agent's Description:

Development Opportunity in the heart of downtown Hermosa Beach!! "Ready to Build" 2 unit townhome project just blocks to the fabulous downtown Hermosa shops and restaurants. North of the Pier and close to the beach. Property pictured is the proposed new build. Plans and permits ready to go for 2 ocean view Doug Leach designed contemporary coastal townhomes. Front unit is 2,575 sqft has a total of 4 parking spaces and great outdoor areas. Back unit on Bayview has 3,111 sqft with 3 car parking. Develop this property for sale or custom build your own unit and rent or sell the second unit. Plans and elevations are provided on the supplement. Opportunities in this location are rare! Have it all.... the beach, ocean views, walkable to shops & restaurants and make it your own! 

List price: $3,599,000

801 Bard Street801 Bard Street Hermosa Beach CA

(3br/4ba, 2089 sqft.)

Agent's Description:

In this idyllic coastal town of Hermosa Beach opportunity awaits— this spacious designer perfect corner townhome with an open concept floor plan makes this the ultimate space to call home. Entertain family and friends in this recently remodeled home with many features that make it feel almost new; beautiful gourmet kitchen with quartz countertops, honed marble backsplash and stainless steel appliances, bathrooms are adorned with Ann Sacks tile, custom window treatments and solar shades throughout. Relax and rejuvenate in your dreamy master suite with new carpet and fireplace, and an adjacent private patio to enjoy the cool ocean breeze. Soaring ceilings and warm maple hardwood floors, central vacuum and even an electric car charger are additional amenities to this superb home. The home is 2 bedrooms and a "Loft" currently used as an office, 3 and 1/2 bathrooms, and 3 decks. Enjoy everything the beach lifestyle has to offer and only steps to the sand and surf, upscale dining, trendy shopping, greenbelt and award-winning schools. Lucky you- come make this house your own. Love Where You Live... 

List price: $1,499,000

 

Notable Sales of the Week

214 10th Street214 10th Street Hermosa Beach CA

(3br/4ba, 1878 sqft.)

Agent's Description:

Experience everything one wants in a beach house - views, location, lifestyle, luxe interiors, outdoor space and 5 car parking. It all comes with ease here, where the sea, sand, sun and fun are a way of daily life. Glorious panoramic “sit down” ocean views abound from three levels including the main living areas, master bedroom and roof deck. The elevated corner location assures unique, Instagram-worthy, unobstructed views of the pier, ocean and sunsets from Malibu to PV, looking straight down the street to the whitewater and sand. Recently remodeled and repiped, the sunlit interior features wood floors throughout in a soft driftwood tone, quartz kitchen counters, a carrara mosaic backsplash, stone fireplaces, stainless steel appliances, new master bath surfaces and fixtures, plantation shutters, ceiling fans, and en suite baths at each of the three bedrooms. Wine, dine and BBQ on the roof deck or the 200 sf wrap-around living room deck, where you’ll enjoy the ocean air, swaying palm trees and iconic views of the lit-up Hermosa pier in the background (featured in the movie La La Land). The corner location affords a graceful street presence complemented by lush landscaping. Situated just 9 doors to The Strand and 2 blocks to Pier Avenue, walk effortlessly to the beach, local restaurants, shops, nightlife and summer concerts. Enjoy an abundance of activities, a dip in the water or a stroll along the Strand right outside your door. Car optional. Flip flops a must.

Sold price: $2,300,000

126 8th Street126 8th Street Hermosa Beach CA

(2br/2ba, 900 sqft.)

Agent's Description:

Storybook beach pad just steps to the sand. Currently used as a duplex, with 1 bedroom/1 bathroom upstairs and a studio downstairs. This 50ftx50ft R3 lot is on the corner of 8th & Palm, and is a short walk down the walkstreet to the beach, or a stroll over to shops, restaurants, and the nightlife of Pier Ave. The private large courtyard is a lush oasis of plants and flowers. The owner's unit upstairs is an adorable beach cottage with wood floors, white galley kitchen with granite counter-tops, lots of windows, built-in cabinets, and forced air heating. The bedroom is spacious and bright with an extra deep closet, and the bathroom has white tile throughout, a separate tub, and shower with frame-less glass enclosure. The downstairs studio unit consists of a main room, kitchen, bathroom, and has large glass sliders letting in tons of natural light and ocean air. There's a 2 car garage with parking in front. The lifestyle and versatility that this property offers is terrific: as a home to enjoy life at the beach, a trophy investment property, or a fantastic location to build a brand new single family home. 

Sold price: $1,800,000

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
446 Monterey Boulevard 3/4 2199 3108 $1,999,000 $909 1 $1,999,000 08/17/18
1706 Manhattan Avenue 2/1 1606 3703 $3,599,000 $2,241 1 $3,599,000 08/16/18
801 Bard Street 3/4 2089 4663 $1,499,000 $718 3 $1,499,000 08/15/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
914 Prospect Avenue 2/2 1216 2598 $995,000 $818 11 $995,000 08/02/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
214 10th Street 3/4 1878 5499 $2,300,000 $1,225 4 $2,250,000 08/16/18
126 8th Street 2/2 900 2507 $1,800,000 $2,000 7 $1,895,000 08/15/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
2704 Hermosa Avenue 2/2 1352 1351 $2,295,000 $1,697 127 $2,828,000 04/12/18
1220 17th Street 4/4 2900 4487 $2,395,000 $826 44 $2,450,000 07/03/18
336 Ocean View Avenue 4/4 2410 4401 $1,849,000 $767 76 $1,950,000 04/12/18

 

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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