Beachfront Home at 2426 The Strand Quietly Sells After Being Pulled off of the Market

Big Sale in Hermosa - 2426 The Strand closes at $12,000,000

The home at 2426 The Strand had been on the market for quite a while and at a variety of different listing prices when pulled off of the market in June. It had been on the market for 365 days and given the original asking price of $19,250,000….wasn’t likely going to sell too quickly. The location was great and the home was nice enough but definitely not anywhere near the almost $20M price point. After several price reductions….eventually down to $12,795,000 it was pulled off of the market. Not too long after it quietly sold off market for the price of $12,000,000 which is still a very impressive number. The property offered a 4 bedroom, 4 bath main home with finished basement plus a detached guest house above the garage. This created a private oasis in between the homes that included a patio and pool area.

Beachfront Strand Home Goes Pending – 3001 The Strand Hermosa Beach

Pending home sale at 3001 The Strand - Beachfront in Hermosa

This has been a home we’ve talked about for quite a while.  Originally listed in 2016 it’s been on and off the market a number of times with several significant price reductions along the way.  After almost 4 years, the home at 3001 The Strand in north Hermosa Beach  has finally gone into escrow.   It was originally  priced at  $22,900,000.  The current list price is $15,900,000.
Listing courtesy of Katelyn Byrd – Coldwell Banker Realty

September Property Sales and Home Prices in Hermosa Beach CA

September was a great month for both the number of home sales and home prices as well.  The market continued to be impressive with 20 homes, townhomes and condos selling in September of 2020.  That was a nice increase over the 16 a year earlier and the average days on market before selling was a very short 21 compared with 50 in September of 2019.  The median price was a very impressive $2,143,000.

View the current homes for sale in Hermosa Beach CA

September 2020 Home Sales

Type Address Price $ Per Foot Bed/Bath Sq Feet Year
CONDO/A 446 Monterey BLVD #L1 $1,185,000 $890 3/2,0,0,0 1331/A 1987/APP
TWNHS/A 427 Manhattan AVE $1,250,000 $1,099 2/1,1,1,0 1137/A 1986/PUB
SFR/D 107 Manhattan AVE $1,750,000 $805 3/2,0,0,0 2173/A 1924/ASR
TWNHS/A 102 8th ST $1,825,000 $913 3/3,0,0,0 2000/A 2002/ASR
SFR/D 347 29th ST $2,000,000 $2,262 2/1,0,0,0 884/A 1947/ASR
TWNHS/D 804 Bard ST $2,100,000 $979 3/2,0,1,0 2146/B 2020/SLR
TWNHS/A 1019 Monterey BLVD $2,199,000 $1,139 3/3,0,0,1 1930/A 1998/ASR
DPLX/A 815 Cypress AVE $2,380,000 $864 5/4,0,1,0 2756/O 1965/ASR
TWNHS/D 1220 Sunset DR $2,650,000 $1,118 3/3,0,1,0 2370/A 2005/PUB
TWNHS/D 1612 LOMA DRIVE #B $2,915,000 $1,154 4/3,0,1,0 2525/B 2020/ASR
SFR/D 231 29th ST $3,700,000 $1,014 4/4,0,1,0 3650/A 2007/ASR
SFR/D 2461 Myrtle AVE $4,200,000 $1,351 4/0,4,0,0 3108/A 2004/ASR
SFR/D 539 2nd ST $1,755,000 $771 3/0,2,1,0 2277/A 1978/ASR
SFR/D 2904 Hermosa View DR $3,999,000 $1,176 4/3,0,0,0 3400/A 1967/ASR
TWNHS/A 837 5th ST #A-7 $954,000 $712 2/1,1,1,0 1340/A 1981/ASR
SFR/D 1204 11th PL $1,350,000 $993 3/2,0,0,0 1360/E 1952/ASR
SFR/D 1536 Bonnie Brae ST $1,500,000 $1,130 3/2,0,0,0 1328/A 1952/ASR
SFR/D 1218 2nd ST $1,645,000 $942 3/1,1,0,0 1746/A 1968/ASR
SFR 1830 Rhodes ST $1,720,000 $809 3/1,1,1,0 2126/ 1984
SFR/D 320 Prospect AVE $1,785,000 $750 4/3,0,1,0 2380/A 2002/ASR

Hermosa Beach Real Estate Market Update – September at a Glance

Welcome to Hermosa Beach real estate at a glance. The market continues to be very hot with 20 properties selling in September.  That was a nice increase over the 16 a year earlier and the average days on market before selling was a very short 21 compared with 50 in September of 2019.  The median price was a very impressive $2,143,000.  View all of the homes that sold during the month.

View all of the current homes for sale in Hermosa Beach

New Beachfront Listing Hits the Market at 2014 The Strand Hermosa Beach

The newest addition to the crowded beachfront home market in Hermosa Beach and Manhattan Beach is 2014 The Strand, Hermosa Beach.    Located near the energetic pier plaza area without being too close the home features 5 bedrooms, 4 baths and approximately 3,348 square feet on a 2,700+ foot beachfront lot.  Nicely remodeled throughout it offers a casual beach feel and classic coastal look with a Cape Cod exterior and nautical white interiors highlighted with dark hardwood flooring.  It also offers one of the more usuable rooftop decks that we’ve seen offering a private area away from the prying eyes of Strand and beachgoers.

2014 The Strand, Hermosa Beach CA 90254 – Priced at $9,995,000

Listing courtesy of Michelle Lin -Smart Realty Group