Hermosa Market Update (12/17/16)

Posted by Dave Fratello on Saturday, December 17th, 2016 at 8:42am.

Are you tracking the market in Hermosa Beach? Here's a snapshot of what's been going on, and new listings to go see.

Any time you'd like more info, or to go see a listing mentioned here, we're happy to help. Contact us now.

New Listings This Week

Inventory is at 48 listings as of Saturday.

There's just one new listing in the past 7 days:

501 Herondo Street 49 Hermosa Beach CA501 Herondo St. #49 (2br/3ba, 1440 sqft.)

This is a nicely upgraded townhome in The Moorings complex right along Ardmore. Start price is $995K. More from the agent's description:

"Enjoy the best of Hermosa in this beautifully updated 2 bed/3 bath, 1439 SF (btv) townhouse located in The Moorings just minutes to the beach and steps to the wood chip trail. Bonus room is perfect for a guest room, workout room, private office. Recent remodel will check every box including a barn door, stamped concrete bathroom, soft close drawers, Nest thermostat, outdoor fire pit, quiet cut de sac location, 2 car attached garage, tons of storage."

The listing is open this Sat. & Sun. 1-4pm.

Though no units in this 75-unit complex have sold in 2016, there were 6 sales in 2015. Click any address for more photos & details:

  • 501 Herondo #25 (2br/3ba, 1440 sqft.) at $950K (Oct. 2015)
  • 501 Herondo #42 (2br/3ba, 1440 sqft.) at $790K (Oct. 2015)
  • 501 Herondo #20 (3br/3ba, 1445 sqft.) at $900K (Sept. 2015, not available online)
  • 501 Herondo #66 (2br/3ba, 1440 sqft.) at $830K (March 2015)
  • 501 Herondo #64 (2br/3ba, 1440 sqft.) at $789K (Feb. 2015)
  • 501 Herondo #65 (3br/3ba, 1445 sqft.) at $755K (Jan. 2015)

See all Hermosa Beach Open Houses here: Hermosa Opens.

New Escrows This Week

Two homes in Hermosa Beach went into escrow this week:

613 Longfellow Avenue Hermosa Beach CA613 Longfellow (4br/4ba, 2850 sqft.)

This is a brand new townhome just east of PCH. Start price: $2.495M.

The listing sold with just 9 DOM. More from the agent's description:

"Uniquely detailed with the finest blend of natural and organic elements this meticulously crafted impeccably designed Mark Trotter home is situated in the very heart of the beach cities. A brisk walk from the sand, surf, shops, dining, and schools. This thoughtfully developed 4 bedroom, 3 1/2 bath 2,867 Square foot home offers all the compliments of luxury beach living. A seamless open main living space with lofty ceilings and a wealth of included custom features, rift-cut oak custom floating cabinetry, Thermadore Stainless appliances with wine cooler, oversized quartz waterfall island, elegant floor-to-ceiling fireplace, ample deck space, walk in panty, and wide plank french oak floors compliment this stunning entertainers space."

839 6th St. #4 (2br/3ba, 1300 sqft.) – This is a 1980s condo with some upgrades, just east of PCH.

List price was $769K, and it was on the market only 15 DOM.

Closed Sales This Week

There were 5 closed sales this week. See all details on any property by clicking the address. 

517 Hermosa Avenue Hermosa Beach CA517 Hermosa Ave. (3br/4ba, 2300 sqft.) at $2.300M (pictured)

This South Hermosa townhome has great views and is a 2001 build. The sold price is a cut of almost $300K from the start at $2.599M. The listing compiled 180 DOM before selling.

447 Herondo #105 (2br/2ba, 1650 sqft.) at $818K

1706 Manhattan Ave. (2br/1ba, 1600 sqft., 1700 sqft. lot) at $2.550M

164 Ardmore (4br/4ba, 2170 sqft.) at $1.255M

1865 Prospect (4br/3ba, 2600 sqft.) at $1.625M


Hermosa Beach Open Houses

Go see what's out this weekend!

See all Hermosa Beach Open Houses here: Hermosa Opens.

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