Home Sale of the Year in Hermosa Beach
72 The Strand #2 in Hermosa Beach
Beach Front 2 Bedroom Condo Sells at $1,475,000
It’s always a bit challenging to talk about a great opportunity when it wasn’t really available, but as this was on the MLS (for a day) it is, in our eyes, the sale of the year in Hermosa Beach.
This was a really unusual situation now matter how you approach it. The home was foreclosed on (which is unheard of in Hermosa Beach) and the former owner had been apparently breaking in and renting it out. The home hit the market with few photos and steel barriers to keep out the prior owner. That said we had the chance to view it the one day it was on the market and it was a STEAL at the list price of $1,499,000.
We had interested clients but were notified that it had already been sold to a neighbor. Not that anything was done improperly but the buyer was represented by the foreclosure listing agent so doesn’t appear anyone had an actual chance to bid on it or get a higher price. It sold at $1,475,000 which, in our opinion is dramatically below the market value. Good for some lucky buyer that’s for sure.
72 The Strand Key Details
- 2 bedrooms
- 2 baths
- Beachfront condo
- 818 square feet (BTV)
- 1 of 6 condos in the building
- Bank owned home – foreclosure
- Listed at $1,499,900 and sold at $1,475,000
- Listed by Alex Saab – eXp Realty of California Inc. – 888-832-7179
72 The Strand Unit#2, Hermosa Beach, CA 90254 - Sold for $1,475,000
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