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)