Hermosa Beach Weekly Update (2/26/19)
Hermosa Beach Weekly Real Estate Market Update
FEBRUARY 26, 2019
Complete and updated information on Hermosa Beach homes for sale and the local housing market.
Hermosa Beach Stats
Inventory: 51 active MLS listings in Hermosa Beach (+2 over last week)
New listings this week: 4
Newly in escrow this week: 3
New closed sales this week: 1
New price cuts this week: 2
Featured New Listings of the Week
(5br/5ba, 4234 sqft.)
Agent's Description:
GREEN LUXURY AT THE BEACH - SPARKLING OCEAN VIEWS. A few blocks to the sand, on one of the most desired streets of Hermosa Beach, is a highly specialized home. Full designer remodel, with building biology protocols.To reproduce the balancing qualities of nature as an indoor environment, in today's context. Creating not only a very beautiful space with natural materials, finishes and building techniques, but nature's intangible peace. Sky lit open plan living, high grade kitchen, both gas and electric cook tops. 5th bed used as gym/yoga room, with mirrored wall, ballet barre. Dual master suites, heated stone flooring. Closets and storage galore. 2 elegant wood/gas fireplaces, live edge wood mantels. Dual staircases AND 3 floor elevator, secluded rear BBQ/playing patio. Sophisticated water filtration, HVAC, and back up generator. Abundant information available.Top rated schools, LAX airport, 3 fun beach town centers close by. Park 4 cars, plus 2 street passes.Magical roof deck sunsets!
List price: $4,250,000
(3br/3ba, 1762 sqft.)
Agent's Description:
Park the car after a long week at work and start living the California Beach Life. This Coastal Living Magazine home offers a lifestyle only found in downtown Hermosa Beach. This Spanish style end unit Townhouse offers "The Big Three" 1. Close to Beach 2. Close to downtown Hermosa restaurants and shops 3. Close to award winning Hermosa Schools. This 3 bedroom 2.5 bathroom home is a rare find offering a Beachtown Lifestyle overlooking a grassy park with tennis courts, basketball, lawn bowling and open space plus the locals favorite Farmers Market on Fridays. Features include: Gourmet Center Island Kitchen which opens to a lovely dining room and the main living room with hardwood floors and fireplace. French doors lead out to an outdoor patio with view of the park. The large master suite offers a dual sink vanity, separate tub and shower. The additional 2 bedrooms are on the master bed level which makes it very functional. The easily accessible roof top deck is perfect for summer nights with friends and offers views of the Hermosa Valley. A true "park your car and stroll into town location" that screams the California Beach Life. Rare to find this much privacy in the Heart of Hermosa. Do not miss the 2 car attached garage plus guest parking. Live like you would on Vacation in this immaculately kept Home.
List price: $1,599,000
Notable Sales of the Week
(4br/4ba, 2549 sqft.)
Agent's Description:
Beautiful tri level view home in the desirable Hermosa Hills section. Master bedroom doors open onto a large balcony and fresh ocean breezes. The glass block light filled master bath has great jacuzzi tub and adjacent shower. Open atrium fills the house with light. If you're an early riser, you can catch the sunrise from the kitchen window. From the kitchen balcony, you can see the Palos Verdes Peninsula and Catalina to the south. There is a direct gas hookup for the barbecue. The park land adjacent to the kitchen balcony is owned by the water company and can never be developed. Enjoy water view of gorgeous sunsets from the living room balcony. There is a gas fireplace in the living room and dining room for chilly nights. All four bedrooms have great light and views. There is a large downstairs family room with a gas fireplace and wet bar. If you have children, Hermosa View School is two blocks away (K-3rd grade). Older kids can walk to Hermosa Valley school (4th-8th grade) or Mira Costa High School. A short walk downhill brings you to the verdant Greenbelt Parkway, great for walking or running. Shop Hermosa Beach Farmer's Market on Wednesdays and Fridays. Great home that has been well kept and much loved by the original owner.
Sold price: $1,638,750
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 |
|---|---|---|---|---|---|---|---|---|
| 2448 Silverstrand Avenue | 5/5 | 4234 | 2996 | $4,250,000 | $1,004 | 4 | $4,250,000 | 02/23/19 |
| 123 29th Street | 5/5 | 3668 | 2425 | $5,299,000 | $1,445 | 5 | $5,299,000 | 02/22/19 |
| 506 11th Street | 3/3 | 1762 | 4700 | $1,599,000 | $907 | 6 | $1,599,000 | 02/21/19 |
| 719 1st Place | 4/4 | 2739 | 0 | $2,475,000 | $904 | 6 | $2,475,000 | 02/21/19 |
NEWLY PENDING/IN ESCROW THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 1134 1st Place | 3/3 | 1749 | 2196 | $1,624,000 | $929 | 18 | $1,649,000 | 02/07/19 |
| 637 7th | 4/4 | 2984 | 4864 | $2,695,000 | $903 | 17 | $2,695,000 | 02/07/19 |
| 1520 Bayview | 3/2 | 1344 | 1854 | $1,650,000 | $1,228 | 21 | $1,650,000 | 02/06/19 |
NEW CLOSED SALES THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | SOLD PRICE | $PSF | DOM | START $ | CLOSED |
|---|---|---|---|---|---|---|---|---|
| 718 The Strand | 3/4 | 3081 | 2397 | $6,363,000 | $2,065 | 104 | $6,995,000 | 02/26/19 |
NEW PRICE CUTS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 2402 Silverstrand Avenue | 6/5 | 3121 | 3205 | $3,495,000 | $1,120 | 31 | $4,000,000 | 01/27/19 |
| 723 3rd Street | 2/3 | 1352 | 9185 | $1,399,000 | $1,035 | 20 | $1,419,000 | 02/07/19 |
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.
Plan your open house visits by reviewing our complete list of Hermosa Beach Open Houses.
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