Hermosa Beach Weekly Update (5/14/19)

Hermosa Beach Weekly Real Estate Market Update

MAY 14, 2019

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 (+18 over last week)

New listings this week: 6

Newly in escrow this week: 3

New closed sales this week: 2

New price cuts this week: 3

Featured New Listings of the Week

838 16th Street

(3br/3ba, 2255 sqft.)

Agent's Description:

This midcentury modern masterpiece is exactly what you have been looking for and a truly special property. Entertaining in your upper level is a breeze with the trendy bar, a fabulous living room for lounging and sumptuous sunsets with unobstructed views that are to die for. This room would also make a wonderful master suite –waking up to the view of the blue ocean every day is in your future. The main level features an attractive living room with refinished hardwood floors and a space just made for evening conversation in front of the fireplace. The formal dining room has a beautiful wooden built-in and is adjacent to the cook’s kitchen - just imagine the dinner parties! The breakfast nook completes the space and you feel like home. An additional space suited for a home office is just off the kitchen. Glass doors open up to your private patio for enjoying your morning coffee or even a summer bbq. Around the corner on the deck is a hidden space for dining al fresco and enjoying the sunshine! The master suite has a walk-in closet and a door to the bonus room just made for relaxation – a perfect spot for a jacuzzi or a private lounge. The master bathroom is situated between the two bedrooms and has a brand-new shower and a soaking tub. This well-maintained home is just a short walk to the beach, shops, restaurants, street festivals, wonderful schools and all that Hermosa Beach has to offer. Beach city living has never looked better – this home is a must see!

List price: $1,369,000

445 Manhattan Avenue

(2br/3ba, 1865 sqft.)

Agent's Description:

Sophisticated contemporary townhome in an exceptional location, just two blocks to the sand and walking distance to shops, restaurants and the famous Comedy & Magic Club! Built in 2010 with the finest of finishes, warm hardwood floors that were recently refinished, sleek ebony, stainless, and zebra wood cabinetry with diffused glass fronts, metal and glass garage doors, and contemporary styling. Oversized windows and soaring vaulted ceilings provide a sunny interior filled with light. Extra large 40x100 foot lot creates a wide frontage and spacious interior. Mezzanine (top) floor features a loft with its own 3/4 bath, and leads to an ocean view deck and hot tub. Newly painted inside and new carpet installed. 

List price: $1,999,000

Notable Sales of the Week

2906 Tennyson Place

(5br/8ba, 7267 sqft.)

Agent's Description:

Singularly Spectacular Patience. Other properties were high—but not this high. A few had views—but not from P.V. to Malibu and everything in between. Some had great design—but poor craftsmanship. This 5-bed, 8-baths 7,267 s.f. home is proof that patience pays off—handsomely. The flat 14,918 s.f. lot is reportedly the highest west of Sepulveda in all of Manhattan and Hermosa—so the views are outrageous. You don’t have to sacrifice a backyard for those panoramic ocean vistas as with so many hillside homes. This is a hillside knoll, with a huge yard & a pool & a sports court & outdoor entertaining areas that will make selecting a spot to watch to settle for the evening a real challenge. Getting the picture? This property is peerless. It starts with a brilliant living room where a monolithic limestone fireplace and walls of glass cantilever into the Catalina Island View. The dining room is understated elegance and the nook is a sunny showroom with doors that disappear into the luxurious front yard with infinity edge Jacuzzi & fire pit. A well-equipped kitchen flows into an inviting great room. You may feel your jaw drop when you see the exquisite view from the master bedroom suite w private view deck. Amenities in abundance. The 7- car subterranean garage will excite any car aficionado. It takes a lot to raise the eyebrows of the local real estate elite so don’t wait for the next one. It won’t come along any time soon. 

Sold price: $16,000,000

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

ADDRESSBD/BASQFTLOTPRICE$PSFDOMSTART $START
1011 2nd Street 4/2 1987 3635 $1,500,000 $755 6 $1,500,000 05/10/19
1015 2nd Street 3/2 1043 3671 $1,350,000 $1,294 6 $1,350,000 05/10/19
445 Manhattan Avenue 2/3 1865 0 $1,999,000 $1,072 6 $1,999,000 05/10/19
123 29th Street 5/5 3668 2425 $5,199,000 $1,417 6 $5,199,000 05/10/19
838 16th Street 3/3 2255 3818 $1,369,000 $607 6 $1,369,000 05/10/19
640 Hermosa Avenue 3/3 1858 8026 $2,499,000 $1,345 7 $2,499,000 05/09/19

NEWLY PENDING/IN ESCROW THIS WEEK

ADDRESSBD/BASQFTLOTPRICE$PSFDOMSTART $START
2957 La Carlita Street 3/2 2024 7825 $2,679,000 $1,324 85 $2,849,000 02/15/19
640 21st Street 3/2 1668 2360 $1,759,000 $1,055 8 $1,759,000 05/08/19
57 7th Street 2/2 1000 2860 $2,600,000 $2,600 124 $2,999,000 01/04/19

NEW CLOSED SALES THIS WEEK

ADDRESSBD/BASQFTLOTSOLD PRICE$PSFDOMSTART $CLOSED
1504 Silver Street 5/4 3316 2981 $2,229,000 $672 8 $2,199,000 05/13/19
721 1st Place 4/4 2839 4607 $2,225,000 $784 183 $2,375,000 05/10/19

NEW PRICE CUTS THIS WEEK

ADDRESSBD/BASQFTLOTPRICE$PSFDOMSTART $START
703 1st Street 3/3 2438 4603 $1,699,000 $697 31 $1,845,000 04/15/19
1074 7th Street 4/4 3132 5199 $2,185,000 $698 49 $2,350,000 03/28/19
1040 Loma Drive 3/2 1524 3600 $1,650,000 $1,083 21 $1,700,000 04/25/19

 

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