Hermosa Weekly Update (2/27/18)

Posted by South Bay Staff on Tuesday, February 27th, 2018 at 7:08am.

Hermosa Beach Weekly Real Estate Market Update

FEBRUARY 27, 2018

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

Hermosa Beach Stats

Inventory: 42 active MLS listings in Hermosa Beach (-2 over last week)

New listings this week: 3

Newly in escrow this week: 1

New closed sales this week: 4

New price cuts this week: 8

Featured New Listings of the Week

2821 Amby Place2821 Amby Place Hermosa Beach CA

(5br/8ba, 6968 sqft.)

Agent's Description:

This provincial villa offers authentic statements & architectural details that blend an early California lifestyle with a Riviera feel everywhere you look. This is one of only two gated hillside estates in this coastal community. Perched high above the Pacific, on a huge 9,600sf lot with 122 lineal feet of Southern exposure, this incredibly beautiful home is a private sanctuary with breathtaking ocean views from Malibu to Catalina & Palos Verdes Peninsula. This Louie Tomaro designed masterpiece embraces warmth & sophistication with imported Italian plaster ceilings, fine walnut cabinetry, wood beamed ceilings, travertine, hickory, and walnut flooring, plus seven natural stone fireplaces! The professional kitchen boasts a beautiful Azul Macauba island with ocean views at every corner. This exquisite estate features a lavish pool, spa and grotto, 1,000 bottle wine cellar, library, state of the art security system, billiards room, rooftop deck, and an 8 seat movie theater which includes a 120" screen and wet bar. This private, elegant estate truly is the definition of paradise. All information to be independently verified by buyer. Square footages shall also be independently verified by buyer. 

List price: $8,750,000

522 24th Place522 24th Place Hermosa Beach CA

(3br/4ba, 3131 sqft.)

Agent's Description:

Located in one of the most prestigious neighborhoods in Hermosa Beach, just blocks from the beach this custom home sits on an expansive 8,054 square foot lot with a heated saltwater pool and spa. With its 50-foot wide lot and gated entry, this home resembles an estate-like feel. As you enter into the home, you notice craftsmanship along the dramatic spiral staircase, exposed trussed beams and stone fireplaces in both the family and living rooms. The kitchen boasts Viking and Subzero appliances, conveniently located facing the outdoor entertaining and pool areas. The second level separates the living space from entertaining with three upstairs bedrooms, which includes a large master. Detached from the home is a three car garage with a converted one bedroom guest quarters with a 3/4 bathroom. From top to bottom this home has custom details including, lath and plaster construction, arched windows, masonry fireplaces, custom mantels, and newly added copper gutters and roof. Buyer to Verify 

List price: $3,300,000

598 1st Street598 1st Street Hermosa Beach CA

(3br/4ba, 2030 sqft.)

Agent's Description:

AMAZING PRICE! In the heart of Hermosa Beach, a spectacular townhome, built in 2007. Shows like a model. Bedrooms are En-suites. Top floor bedroom is now a loft, that can easily be enclosed. Large Master suite, with a walk-in closet and sumptous bathroom. Gourmet kitchen, an amazing place to cook and entertain at the same time. Gather around a large over-sized island with bar-height seating. The kitchen and dining areas enjoy 16'+ high ceilings, and are open into the living area. Plenty of storage space around. Additional space in the 2 car attached garage. (Room for bikes. Surf boards & beach gear). There are three terraces, including a top floor, with ocean views. Very Private, yet close to everything. Neighbor only on one side. Short stroll to downtown Hermosa, or fun places / Restaurants at King Harbor....Live Life to the fullest ! 

List price: $1,575,000

Notable Sales of the Week

1621 Golden Avenue1621 Golden Avenue Hermosa Beach CA

(4br/5ba, 3452 sqft.)

Agent's Description:

Nestled alongside a collection of eucalyptus trees and set back from Golden Avenue, this contemporary beach modern home was exquisitely designed by Jon Starr and built by Chris Lombardi. Open the doors and welcome guests into your lush enclosed yard. Cuddle around the built-in fire pit to share laughs and stargaze. Step inside and experience the sophisticated style complemented by a feeling of privacy throughout. A 3-stop elevator guides you to each level of luxury. Enjoy dinner among the treetops on your outdoor patio while soaking in a panoramic ocean view from the Hermosa Beach Pier to Malibu. One of Hermosa’s secrets is getting out…Golden Avenue is a truly special place. 

Sold price: $2,790,000

1720 Prospect Avenue1720 Prospect Avenue Hermosa Beach CA

(4br/4ba, 3750 sqft.)

Agent's Description:

Spectacular panoramic ocean view, New Coastal Plantation home with great floor plan. This gorgeous custom built townhome is completely freestanding with private rear yard and no expense spared. Amenities include home automation, custom finishes throughout and an elevator servicing all 3 levels. Top floor has an open floor plan great room which is perfect for entertaining and family gatherings. Spacious dining & living rooms, a stylish brick fireplace that spills out to the deck-large enough for outdoor dining, bbq’s and sunbathing. The gourmet kitchen has top of the line Thermadore appliances, huge island with storage, beverage center, walk in pantry and pull out cabinetry. Panoramic ocean view office or kids den with double glass doors for privacy. Inviting master suite with spa like bathroom, ocean view balcony and walk in closet. The master bathroom features a freestanding designer tub and massive walk in shower. Bottom floor has a separate family room, wine cellar storage plus private bedroom and bathroom. Entry level features the master suite, two additional large bedrooms, full bathroom plus a nice sized laundry room. Easy access two car garage plus two car parking pad in front. Best value in Hermosa for new construction, with it’s views, size, walkability and amenities! Living space used is based on builder's plans. Buyer to verify square footage. Tax assessor will use condo plan as opposed to builder's plans.

Sold price: $2,515,000

1865 HIllcrest Drive1865 Hillcrest Drive Hermosa Beach CA

(2br/1ba, 998 sqft.)

Agent's Description:

Fantastic opportunity to live or develop in a prime location in the North Hermosa Hills on a great block. Larger West facing lot with panoramic ocean views on a highly desirable low traffic family street with great neighbors, kids and an elementary school right around the corner - neighborhood watch, block parties, bbq's. Cute Vintage fixer home could be remodeled or added onto or new construction site. New roof recently put on. Sloped lot is well above lot to the West which will provide for tremendous views. The lot to the West which is the same size, sold for $1,525,000, as a lot value and they are completely rebuilding and adding a floor to that house, but using the existing footprint, so a large part of the current ocean view will be maintained. If you went up, the view should be panoramic and spectacular, well above the house to the West.

Sold price: $1,299,000

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
2821 Amby Place 5/8 6968 9643 $8,750,000 $1,256 2 $8,750,000 02/22/18
522 24th Place 3/4 3131 8054 $3,300,000 $1,054 3 $3,300,000 02/21/18
598 1st Street 3/4 2030 7424 $1,575,000 $776 3 $1,575,000 02/21/18

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
1634 Loma Drive 3/3 2180 3996 $2,299,000 $1,055 30 $2,299,000 01/25/18

NEW CLOSED SALES THIS WEEK

ADDRESS BD/BA SQFT LOT SOLD PRICE $PSF DOM START $ CLOSED
1720 Prospect Avenue 4/4 3750 7235 $2,515,000 $671 11 $2,515,000 02/23/18
1865 Hillcrest Drive 2/1 998 4129 $1,299,000 $1,302 33 $1,450,000 02/22/18
1621 Golden Avenue 4/5 3452 7354 $2,790,000 $808 8 $2,799,000 02/22/18
501 Herondo Street 35 3/3 1446 92623 $1,029,000 $712 7 $1,029,000 02/21/18

NEW PRICE CUTS THIS WEEK

ADDRESS BD/BA SQFT LOT PRICE $PSF DOM START $ START
438 Hermosa Avenue 4/4 2500 4006 $2,948,888 $1,180 40 $3,198,888 01/15/18
1818 Pacific Coast Highway 3/4 2036 0 $1,699,000 $834 46 $1,769,000 10/30/17
1834 Pacific Coast Highway 3/4 2063 0 $1,719,000 $833 46 $1,808,000 10/30/17
1832 Pacific Coast Highway 3/4 2224 12963 $1,699,000 $764 46 $1,769,000 10/30/17
1820 Pacific Coast Highway 3/4 2211 0 $1,699,000 $768 45 $1,769,000 10/30/17
1828 Pacific Coast Highway 3/4 2217 0 $1,699,000 $766 45 $1,769,000 10/30/17
1830 Pacific Coast Highway 3/4 2036 0 $1,699,000 $834 45 $1,769,000 10/30/17
1824 Pacific Coast Highway 3/4 2036 12019 $1,699,000 $834 45 $1,769,000 10/30/17

 

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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