Detached Luxury Townhomes for Sale in Hermosa Beach – Coming 2016

By Keith Kyle

Coming late spring 2016, these incredible new detached townhomes built by South Swell have all of the finest features you’re looking for.  Luxury ammenities abound from the moment you enter the homes.  First floor offers a guest bedroom, living area and a full bath.  2nd level offers 2 spacious bedrooms, laundry room, and a beautiful master suite with private balcony and ocean views.  The third level offers a beautiful and bright great room with multiple balconies, fantastic ocean views, gourmet kitchen, fireplace and more.  This open floorplan takes full advantage of the wonderful views, breezes and natural light.

Front Home:1072 7th Sunset Rendering

  • 4 bedroom 3.5 bath
  • 3000+ square feet
  • Ocean views from 2nd and 3rd level
  • Detached home on a great Hermosa Street
  • Price: Call agent for details

Rear Home:

  • 4 bedroom 3.5 bath1072 7th Side West Render
  • 3200+ square feet
  • Ocean views from 2nd and 3rd level
  • 4 balconies/decks
  • Detached home on a great Hermosa Street
  • Price: Call agent for details

Only 5 Hermosa Beach Foreclosures in all of 2014

By Keith Kyle

If you’re looking for a foreclosure deal in Hermosa Beach it may be a while.  In all of 2014 only 5 “distressed” homes were sold  4 of the homes were short sales with the other being a  bank owned property.    In general the few short sales and foreclosures that did sell were good buys with the average price per square feet on the distressed sales was $585 while the average price per foot of normal sales (not including oceanfront properties) was $741.  2014 saw 206 on market homes sales in Hermosa Beach so the distressed market was a very minimal factor.  Currently there are no foreclosures on the market and the last listing was the home on 6th Street that closed in September.

Hermosa-Foreclosures

 

As prices have risen so dramatically over the past 24 months it’s unlikely we’ll see any distressed sales in the immediate future but as homes are now reaching record prices it may be a matter of time before some homes once again are underwater.  Please feel free to contact us for more information on the real estate market in Hermosa Beach or foreclosure opportunities in the neighboring communities.