September’s Big Sale in Hermosa Beach

The biggest sale of the month was at 2545 Myrtle in the north Hermosa sand section area closing escrow at $5,275,000. Listed by Matt Pernice this beautiful home built in 2014 offered 5 bedrooms, 6 baths and an impressive 4,188 square feet. Just a few blocks from the beach the home offered some great balcony and rooftop deck ocean views in the most sought after area of Hermosa. One question will be the impact of the construction of the former North School located just across the street.

The home basically sold off market with it going into escrow just 2 days after it was put on the MLS. The home sold at $4,300,000 in July of 2014.  View all of the Hermosa Beach and South Bay home sales in September 2017

See the Hermosa Beach Home Sales for August 2017

August was a busy month in Hermosa Beach and the South Bay with 24 homes selling at an average price of $2,303,000 which is a HUGE number.  Average price per foot topped $1000 for the first time since we can remember.  Click on any link below to see the home sales for that month.

If you’re looking for a home take advantage of our FREE email listing updates.  Tell us a bit about your dream home and we’ll send listing updates when a new home hits the market.

July 2017 Median Hermosa Beach home prices up almost $600,000 from the prior year

July was a crazy month throughout the South Bay with double digit year over year percentage changes in most of the cities. There was no real rhyme or reason to it with some cities way up and others way down. Hermosa Beach real estate may have been the most dramatic of all the monthly changes with just under a 44% increase from July of 2016.  Median home prices were just over $2,000,000 for the month which was over $600,000 more than a year earlier!

City Homes Sold July 2017 Median July 2016 Median Year over Year % Change%
Carson 60 $480,000 $445,000 8%
El Segundo 20 $1,055,000 $1,310,000 -19.5%
Gardena 65 $549,000 $454,000 21%
Harbor City 15 $439,000 $550,000 -20.2%
Hawthorne 35 $730,000 $562,000 30%
Hermosa Beach 19 $2,025,000 $1,410,000 43.6%
Lawndale 15 $515,000 $430,000 19.8%
Lomita 21 $598,000 $585,000 2.1%
Long Beach 331 $520,000 $471,500 10.3%
Manhattan Beach 48 $2,449,000 $2,200,000 11.3%
Marina Del Rey 36 $921,000 $974,000 -5.4%
Palos Verdes Estates 28 $1558,000 $1,800,000 -13.4%
Playa Del Rey 20 $613,000 $629,000 -2.5%
Rancho Palos Verdes 63 $1,345,000 $1,160,000 15.9%
Redondo Beach 95 $975,000 $920,000 6%
San Pedro 63 $542,000 $542,000 0%
Torrance 113 $687,000 $617,000 11.4%
Westchester 33 $1,185,000 $1,116,000 6.2%

Hermosa Beach Home Prices in May 2017 over $1,700,000

Hermosa Beach continues it’s high demand trend leading to high prices as well.  Median home prices for May reached almost $1.74M with 26 homes closing escrow.  Visit our sold homes page to see the recent home sales in Hermosa Beach CA.  View Hermosa Beach real estate market trends and statistics for updated information on prices, home sales, days on market and more.

City Homes
Sold
May 2017 Median May 2016 Median Year over Year % Change%
Carson 41 $458,000 $453,000 1.2%
El Segundo 8 $880,000 $803,000 9.7%
Gardena 65 $523,000 $425,000 23.1%
Harbor City 14 $503,000 $439,000 14.5%
Hawthorne 46 $610,000 $485,000 25.8%
Hermosa Beach 26 $1,738,000 $1,285,000 35.3%
Lawndale 16 $485,000 $455,000 6.5%
Lomita 18 $653,000 $488,000 33.7%
Long Beach 356 $472,000 $485,000 -2.6%
Manhattan Beach 46 $2,175,000 $1,875,000 16%
Marina Del Rey 32 $933,000 $925,000 0.8%
Palos Verdes Estates 47 $1,650,000 $1,499,000 10.1%
Playa Del Rey 31 $720,000 $560,000 28.6%
Rancho Palos Verdes 51 $1,275,000 $1,060,000 20.3%
Redondo Beach 87 $1,054,000 $950,000 10.9%
San Pedro 63 $620,000 $489,000 26.8%
Torrance 140 $690,000 $593,000 16.4%
Westchester 44 $965,000 $1,130,000 -14.6%

3500 The Strand – The Beverly Hills 90210 Beach House on the Market

By Keith Kyle

If you were born during or around the 70’s or just a pop culture fan, you’re certainly going to remember this house.  This is the place where Dylan, Brandon, Brenda and the rest of them hung out for the summer.  It also was a big turning point in the popularity of the show from what we’ve read as the show went from pretty tame to a bit racier when they hit the beach.

The home is actually located at 3500 The Strand in Hermosa Beach and is the very last home before the Strand takes a short push east and sits right on the border of Manhattan Beach and Hermosa.  It’s certainly not the only famous home in town but it’s one of the more recognizable.  We’re not quite sure how the 90210 crowd had it laid out, but it’s actually a triplex and given the unique location it fronts the beach on two sides.

All of this nostalgia and fame (more likely an extremely unique location for a future home) can be yours for a cool $16,500,000.  Contact us for more information.

Click to view the details and photos of 3500 The Strand in Hermosa Beach

 

Happy Thanksgiving from Hermosa Beach Homes

From our family to yours we wanted to wish you a very happy Thanksgiving.Whether you’re celebrating on the Strand, the sand section,or Hermosa Valley we hope you have a wonderful holiday.

Happy Thanksgiving from Hermosa Beach Homes and Realtor Keith Kyle

happy-thanksgiving

December Home Sales in Hermosa Beach

By Keith Kyle315_26th_St_front4 copy

December saw some significent home sales in Hermosa Beach, especially in the sand section. With prices at an all time high the new normal for values is fairly incredible.  Below is a list of all of the homes that closed escrow in December 2015 which was far from the slow month people often think the holidays create.  See the home sales for other South Bay cities including Manhattan Beach, Redondo Beach, Torrance and more.

Click here to view the current homes for sale in Hermosa Beach.  Please feel free to contact us for information on any of the sold home or current listings.

Type   Address  Price  Beds/Baths Year Built Square Feet
CONDO/A 1300 The Strand #127  $              525,000 1/1,0,0,0 2001/ASR 440/A
SFR/D 435 8th ST  $              777,777 1/1,0,0,0 1923/ASR 480/A
CONDO/A 444 Hermosa AV 102 #102  $          1,475,000 3/1,2,0,0 1988/ASR 1781/A
TWNHS/A 159 Monterey BL #A  $          1,500,000 3/3,0,0,0 1979/ASR 1974/S
SFR/D 242 Longfellow AV  $          1,575,000 2/2,0,0,0 1933/ASR 1056/A
TWNHS/D 506 25th  $          2,265,000 4/3,0,1,0 2015/BLD 2710/B
TWNHS/A 1501 Monterey  $          2,300,000 4/3,0,1,0 2015/EST 2000/AP
SFR/D 244 Longfellow AV  $          2,400,000 6/3,0,0,0 1953/ASR 1969/A
SFR/D 701 Loma DR  $          2,525,000 4/3,1,0,0 2004/ASR 2730/A
SFR/D 70 10th ST  $          2,960,000 3/1,1,0,0 1910/ASR 1512/A
TWNHS/D 1517 Hermosa AV  $          3,730,000 4/1,2,1,0 2015/BLD 2684/B
SFR/D 801 Hermosa AV  $          4,015,000 4/5,0,2,0 2015/APP 4003/A
CONDO/A 1600 Ardmore AV #327  $              580,000 2/2,0,0,0 1970/ASR 980/A
SFR/D 2524 Ardmore AV  $          1,297,000 2/1,0,0,0 1951/ASR 940/A
SFR/D 1920 Springfield AV  $          2,175,000 5/3,0,1,0 2009/SLR 3277/S
CONDO/A 2411 Prospect AV #107  $              410,000 2/1,1,0,0 1972/ASR 866/A
CONDO/A 2411 Prospect AV #125  $              525,100 2/1,1,0,0 1972/ASR 919/A
SFR/D 824 17th ST  $          1,500,000 3/2,1,0,0 2001/ASR 2683/A
TWNHS/A 1111 17th ST  $          2,100,000 4/3,0,1,0 2015/BLD 2700/B
SFR/D 1286 Bonnie Brae  $          2,150,000 5/4,0,0,0 2008/ASR 3666/A

Notable Hermosa Beach Sand Section Sales

By Keith Kyle

December saw some significant sales and some huge numbers in the sand section of Hermosa Beach. Here are some of the notable sales.

View the current homes for sale in the sand section of Hermosa Beach.

506 25th Street Hermosa Beach506 25th Street – Sold at $2,265,000 – While this new construction from KKC didn’t sell at the list price of just under $2.4M this is a huge number for a townhome on the back side of the hill (or sand dune). It was a beautiful 2700 foot 4 bed, 3 1/2 bath detached townhome with high end finishes, but this is a huge number given that there were four homes all with very similar finishes and appearance. That’s a big number to pay given the situation but all 4 units have sold relatively quickly.

444 Hermosa Ave #102 – Sold at 444 Hermosa Ave Hermosa Beach$1,475,000 – This is a smaller 6 unit building in  a fantastic location just a 1/2 block to the beach but $1.5M for a condo is another milestone price. As it’s a 1st floor unit it has little to no ocean/beach views. The appeal to the units in this building is that they’re a great size at over 1700 feet, with 3 bedroom and it’s all on the same level. All of the units we’ve seen in this building have been great and this one was no exception as it was completely turnkey, but nearing $1.5 for a condo is fairly incredible.

1517 Hermosa Ave Hermosa Beach1517 Hermosa Ave – Sold at $3,730,000 – If this isn’t an indication of just how valuable walkstreet properties have become, we don’t know what is. 1517 Hermosa is a detached townhome on the corner of the walkstreet on 16th Street and Hermosa Ave. Although it’s on the beach side of the street this is still an incredible number for the combination of townhome and fairly busy street. It was a beautiful home and very well done, but still a pretty clear indication that we’re at an all time high in the sand section.

View all of the December and 2015 home sales in Hermosa Beach and Beach Cities.

Oceanfront Abundance – Beachfront Strand Homes for Sale in Hermosa Beach

By Keith Kyle

It’s unusual that in a market in which the inventory remains so low and buyers will scratch and claw for just about any properties in the Sand Section, that the inventory of oceanfront homes remains very high.  The obvious explanation is that most buyers are priced out of homes now starting in the $7.0M range, but this is a town of seemingly endless wealth.  What really is driving this is the combination of the exclusivity of being able to buy an oceanfront home and the pace at which home prices along this rare stretch of beach have risen.  Of the homes currently on the market (not including the condo hotel of the Beach House)and sold in the past 18 months the average sale price is almost $10.5M.

Hermosa-Strand-Oceanfront-Homes

2222 Monterey – Luxury Lifestyle Inspired by Coastal Living

By Keith Kyle2222-Monterey2

In the world of cookie cutter homes often times the right location and a larger than normal lot can go a long way.  The home at 2222 Monterey is one of those special and unique homes not often found in this charming coastal community.   Designed by renowned architect Michael Lee, the home takes full advantage of the beach lifestyle with a beautifully landscaped front yard, nearly 4800 square feet of living space, covered entryway and stylish Cape Cod inspired design. It’s an entertainers dream with an open layout with the spectacular kitchen the centerpiece of the entertaining areas.  The backyard has a pleasant courtyard area,  built-in outdoor fireplace, separate guest quarters and an  ocean view roof top deck.

ML#:   SB15076188 
Listing Agents Gerard Bisignano – Sotheby’s & Christa Lyons – Shorewood Realtors
Orig. List Price:   $6,899,000 
Price Per Sqft:   $1,439.39 
County:   Los Angeles 
Property Type:   Single Family Residence (D) 
Bedrooms:   4 
Bath(F,T,H,Q):  3,2,1,0 
Sqft (Src):   4,793 (Assessor’s Data) 
Ac/LotSqft (Src):   0.126/5,491 (A)