Hermosa Beach Weekly Update (5/7/19)
Hermosa Beach Weekly Real Estate Market Update
MAY 7, 2019
Complete and updated information on Hermosa Beach homes for sale and the local housing market.
Hermosa Beach Stats
Inventory: 46 active MLS listings in Hermosa Beach (-4 from last week)
New listings this week: 1
Newly in escrow this week: 4
New closed sales this week: 3
New price cuts this week: 3
Featured New Listings of the Week
(4br/4ba, 3750 sqft.)
Agent's Description:
With breathtaking panoramic ocean views, this masterfully designed home was completed in 2017 with 4 bedrooms, 4 baths and 3,750 sq./ft. of total living space. This is the ideal home for people who enjoy entertaining and want to be close to all the amenities that the Beach Cities have to offer. Featuring a warm open and bright floor plan enhanced by wood ceiling beams adding a touch of beach excellence. The main level room flows seamlessly from the large kitchen to a wall of sliding glass doors that capture the brilliant ocean views that makes this home so desirable. Some of the other features are the state of the art kitchen with top of the line appliances, custom self-closing cabinets and drawers with beautiful quartz countertops, extra large island, a walk-in pantry, absolutely ready to entertain friends and family. The spacious master bedroom suite has bi-folding doors opening to a private balcony and the master bathroom has an oversized soaking tub, large shower with dual heads, double sink vanity and a finished walk-in closet. The family room, elevator, wine cellar, private guest suite with bathroom, central A/C, laundry room and private gated back yard are just some of the many key features. Nestled minutes from the beach, LAX and the 405 freeway; this stellar location in Hermosa Beach allows owners access to both the Manhattan and Redondo Beach high school districts.
List price: $2,750,000
Notable Sales of the Week
(3br/4ba, 2070 sqft.)
Agent's Description:
This quiet and private, beautiful Hermosa Beach home has awesome 360 degree ocean views from a magnificent top deck and is only 5 blocks from the sand! It is athree-story home with a two-car garage. Refurbished hardwood floors shine throughout the living room, dining room and kitchen areas and plenty of natural light envelope the main floor. The kitchen has all updated amenities such as a stainless steel refrigerator, stainless steel stove, stainless steel dishwasher, stainless steel microwave, stainless steel wine cooler and granite counter tops. The living room has a fireplace. Three walk out patios are located throughout the home and plenty of windows allow for those cool ocean breezes. On the main floor is the luxurious master bedroom with a fireplace, walk-in closet and an attached bathroom equipped with a Jacuzzi styled tub. The second bedroom also has an attached bathroom. Located on the ground floor is the third bedroom with attached bathroom and a walk-out patio. This home is the definition of a classic beach home with wide-open views of the ocean, Palos Verdes Peninsula, and the Santa Monica Mountains. You will get unbelievable weather with this great location. This home is within walking distance of downtown Hermosa Beach.
Sold price: $1,830,000
(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
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 1720 Prospect Avenue | 4/4 | 3750 | 7235 | $2,750,000 | $733 | 4 | $2,750,000 | 05/02/19 |
NEWLY PENDING/IN ESCROW THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 720 24th Place | 2/2 | 1411 | 8121 | $3,200,000 | $2,268 | 22 | $3,200,000 | 04/15/19 |
| 1720 Ardmore Avenue 222 | 1/1 | 691 | 55323 | $539,000 | $780 | 25 | $539,000 | 04/11/19 |
| 158 Monterey Boulevard | 3/3 | 1780 | 5053 | $2,025,000 | $1,138 | 84 | $2,050,000 | 02/07/19 |
| 1131 19th Street | 2/1 | 912 | 2400 | $999,000 | $1,095 | 6 | $999,000 | 04/24/19 |
NEW CLOSED SALES THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | SOLD PRICE | $PSF | DOM | START $ | CLOSED |
|---|---|---|---|---|---|---|---|---|
| 2906 Tennyson Place | 5/8 | 7267 | 14918 | $16,000,000 | $2,202 | 40 | $16,750,000 | 05/03/19 |
| 1138 19th Street | 3/2 | 1253 | 3755 | $1,195,000 | $954 | 72 | $1,299,000 | 05/02/19 |
| 728 Sunset Drive | 3/4 | 2070 | 2996 | $1,830,000 | $884 | 160 | $2,100,000 | 05/01/19 |
NEW PRICE CUTS THIS WEEK
| ADDRESS | BD/BA | SQFT | LOT | PRICE | $PSF | DOM | START $ | START |
|---|---|---|---|---|---|---|---|---|
| 719 24th Place | 5/8 | 4585 | 4100 | $4,999,999 | $1,091 | 272 | $5,649,000 | 08/07/18 |
| 654 8th Street | 3/1 | 972 | 2515 | $1,067,000 | $1,098 | 31 | $1,100,000 | 04/05/19 |
| 429 Ocean View Avenue | 2/1 | 734 | 6508 | $1,295,000 | $1,764 | 18 | $1,395,000 | 03/29/19 |
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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