Bucking the low inventory trend – 8 Oceanfront homes on the Strand for sale in Hermosa

By Keith Kyle

With housing inventory in Hermosa Beach real estate seemingly never increasing, the oceanfront Strand is certainly the exception to the rule. As of March 21st there were 8 homes for sale on the Hermosa Beach Strand. The Strand is the beachfront strip made up of modern masterpieces, luxury homes and many original beach bungalows. Currently the lowest price beachfront home in Hermosa is priced at $6,900,000 being sold for land value with the highest priced home at $25M located at 2806 The Strand. One of the more interesting homes for sale is the home of Beverly Hills 90210 fame located at 3500 The Strand which sits on the border of Hermosa and Manhattan Beach. There are a number of Manhattan Beach oceanfront homes for sale as well.

Current Beachfront Homes for Sale in Hermosa Beach

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New Listing – Oceanview Duplex at 201 28th Street just a block to the beach

Contact listing agent Keith Kyle for more information at 310.251.2344
201_28th_st_view1-copy

For the investor looking for prime property near the beach, 201 28th Street may be your opportunity. This spacious duplex is ideal for future build site with huge view potential, ideal for owner user to live in one and rent the other, as a straight rental, or as a value add opportunity. 201 28th sits on a 2400 foot R2 lot (meaning a 30 foot height limit instead of 25 feet) just a block to the beach. Featuring big ocean views the two units have long term renters currently on month to month leases. Front unit is a 4 bed 3 bath with spacious living room, ocean view deck and has great upside potential for owner user or investor. Rear unit is a 2 bedroom 2 bath with ocean views and private deck. Both homes have interior laundry.

Property Details:

  • 201 28th Street – One block to the beath
  • Built in 1973
  • Front unit – 4 bed, 3 bath, 2 levels.  Ocean views from entire second floor.  Current rent: $4,250
  • Back unit – 2 bed, 2 bath, 2 levels.  Ocean views from second level.  Private deck.  Current rent $2,300
  • Total square footage $2,490
  • 2,398 foot R2 corner lot with potential to build 30 foot single family home

 

Contact listing agent Keith Kyle for more information at 310.251.2344

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) 

Everything Real Estate in Manhattan Beach

If you’re also interested in Manhattan Beach homes and real estate, you just may want to visit Manhattan Beach Manhattan_Beach_Luxury_Real_EstateLuxury Real Estate as it’s an ideal resource for homes and information.  View the latest homes for sale, see recent home sales, find out about the award winning school district and get a better understanding of the areas and neighborhoods including the sand section, the tree section, the hill section, east Manhattan Beach and the only gated community in the area, Manhattan Village.  Contact some of the top realtors in Manhattan Beach as well as top brokerages.  Visit our site to find out what makes the city of Manhattan Beach such a highly sought after place to call home.

Hermosa Beach February Home Sales Slow As Inventory Way Down

By Keith KyleSunset Strand reflections

Hermosa Beach saw another slow month of home sales as inventory continued at record low numbers.  Although there were several “off market
sales, the sales recorded in the local MLS numbered a paltry 9 homes.  Although the number of home sales was down the sales prices once again were anything but low as the lack of inventory and high demand led to another month of big numbers.  The lowest home price was $640,000 for the 2 bedroom condo located at 320 Hermosa Ave while the top sale of the month was for the fixer/tear down at 136 Neptune…a stones throw from the beach.  View the February home sales below.  To see other South Bay cities or home sales in other months, visit our South Bay recent sales information page.

MLS# Type   Address  Price  Bed/Bath Year Sq Feet
SB14217595 CONDO/A 320 Hermosa AV #101  $ 640,000 2/1,1,0,0 1972/ASR 1115/A
SB14005999 TWNHS/A 1106 Palm DR  $ 2,150,000 4/3,0,1,0 2006/ASR 2660/A
SB14100959 SFR/D 402 31st ST  $ 2,399,000 3/2,1,1,0 2003/ASR 3098/A
SB15014319 SFR/D 136 Neptune AV  $ 2,450,000 3/2,0,0,0 1967/ASR 1542/A
SB15015351 TWNHS/A 501 Herondo ST #64  $ 789,000 2/2,0,1,0 1987/ASR 1439/A
SB14251132 TWNHS/A 635 5th ST  $ 1,575,000 4/3,0,1,0 2014/BLD 2770/B
SB14232390 SFR/D 1216 11th PL  $ 760,000 3/1,0,0,0 1956/ASR 912/A
SB15016909 SFR/D 825 18th ST  $ 1,185,000 3/2,0,1,0 1965/ASR 2344/A
SB14241320 SFR/D 1733 Prospect AV  $ 1,450,000 3/3,0,0,0 1974/ASR 2250/A

When Sales Prices Go Crazy – 107 24th Street in Hermosa Beach

By Keith Kyle

In this market there are definitely homes that sell over list price……

And then there are HOMES THAT SELL WAY OVER LIST PRICE.

Located on the corner of 24th and Hermosa Ave and only a few hundred feet from the sand, this home was listed at $2,000,000.  Although the home was a fixer at best the location is highly sought after and coveted by builders for the size of the lot and the potential views and the proximity to the sand.  Unbelievably the home listed at $2,000,000 closed at $2,760,000!!107 24th Street HErmosa Beach

Status: Closed Sale
ML#:   SB14224663 
APN:   4182011001 
Orig. List Price:   $2,000,000 
Price Per Sqft:   $1,197.92 
County:   Los Angeles 
Property Type:   Single Family Residence (D) 
Bedrooms:   2 
Bath(F,T,H,Q):  1,1,0,0 
Sqft (Src):   2,304 (Assessor’s Data) 
Ac/LotSqft (Src):   0.055/2,403 (A) 

 

October a Good Month for Hermosa Beach Home Sales

October was another strong month for Hermosa Beach home sales with 16 closed home sales with a median home price of $1,267,000. Of the 16 sales 5 sold above their list price, with the rest selling at either list price or fairly close.  With inventory remaining so low for this small coastal community, the demand has remained very strong with most homes selling quickly at near record prices.  See below for the home sales in the month of October.    Click here to see the current homes for sale in Hermosa Beach

Hermosa-October-Home-Sales_1

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New North Hermosa Home for Sale at 123 29th Street in the Sand Section

Just two homes from the beach, this beautiful home located at 123 29th Street in the North Hermosa Beach sand section offers the best of California coastal living. Custom built in 2003 this quality home is where urban beach living comes to life.  This corner lot home offers sweeping views from Malibu to Palos Verdes. Three levels of luxurious space with 5 bedrooms, 4 of which are on the same level, 5 bathrooms plus an ocean view office. The home has a large 3-car side by side garage, perfect for housing surfboards and beach gear plus extra parking for up to 2 cars behind.  Sitting in the quiet North Hermosa neighborhood this home is a great beach home and beautifully combines luxury with an informal coastal feel.  Bathed in natural light the home features open beamed ceilings, hardwood floors, beautiful kitchen perfect for entertaining and much more.  All of this in the wonderful beach community that is Hermosa Beach with a small town feel and nationally rated schools.  Contact us for more information.

See listing details for 123 29th Street in Hermosa Beach

Roof deck in Hermosa Beach Ocean views from 136 29th Street Hermosa 123 29th Street - Sand Section home for sale

True Beach Living at 63 18th Street in Hermosa Beach

By Keith Kyle

One of the best things about living in Hermosa Beach is….well….living at the beach.  Hermosa is a great beach town with a real sense of old time63 18th Street community.  One of the housing options fairly unique to Hermosa is the walkstreets.  There are not all that many and most of the walkstreets are either west of Hermosa Ave, meaning right on the beach, or the few in the north sand section just a few blocks back.

Nowhere is there better beach style living than the homes of the Hermosa Beach walkstreets with a combination of new construction mixed with fantastic original beach bungalows.  The new home listing at 63 18th Street happens to be one of those cool beach cottages that remind you casual summer days and the relaxed feeling of summer vacation.

The home actually consist of a 3 bed/2 bath main house and a 1/1 apartment over the garage.  The listing agent David Caskey describes it as:

“a classic two-story cottage style home, straight out of a coastal living magazine, w/3 bedrooms & 2 baths in the main house & a bonus 1 bedroom apartment/loft over the garage in the rear! A large front patio opens to the tree lined walk street that leads right to the beach, w/abundant space for outdoor dining & entertainment, while a courtyard lies between the units providing a patio for the rear unit or just a more private area to enjoy.”

View photos and details of 63 18th Street in Hermosa Beach

The Best Part of Living at the Beach is…..Living at the Beach – Hermosa Walkstreets

By Keith KyleHermosa Beach walkstreet homes

The best part of living at the beach is…..living at the beach.  When it comes to really living at the beach,  the “walk streets” of Hermosa offer it all.  These pedestrian only “streets” are only found in the sand section and almost always mean that the homes are within a few blocks of the beach.

What makes these streets so unique and so valuable?

Most sand section homes on full lots face the street in the front, homes on both sides and an alley in the back.  Fronting the street means the obvious challenges of car noise, parking challenges and a much higher level of traffic, especially in the summer.  Walkstreets front a sidewalk instead of a street making for a much quieter, safer, and community friendly situation.

Most homes on these streets are full 30×90 foot lots with some being half lots or partial lots.  There is great demand by builders for
older “fixers” or tear downs due to the premium location.  Homes generally start in the $3,000,000 for a lot value sale and most larger homes start in the mid $5,000,000s.

63 18th StreetWhat makes the walkstreets different from the walkstreets in Manhattan Beach is the abundance of original beach bungalows.  As Hermosa has always had a bit more of a beach vibe, many of these older homes remain with some being beautifully remodeled and others still in fairly original condition.  These original cottages give these walkstreet a real beach feel and makes for an ideal environment to live the good life.

Unfortunately searching and finding homes only on walkstreets isn’t easy as there is no specific category on the local MLS to designate them.  If you would like to receive walkstreet listings please contact us or fill out our daily Hermosa Beach listing request and keep you notified anytime a new home comes on the market.