From Just Sold to For Rent – Beachfront Home Available for Lease at 3033 The Strand

Classic Beachfront home for Rent at 3033 The Strand in Hermosa Beach

The beachfront home at 3033 The Strand in Hermosa Beach just recently sold and closed escrow at $12,000,000 in June and the new owners have put it out as a rental. 

This is a pretty fantastic and classic beach house orignally built in 1932.  Unlike most of the original beach homes this is anything but a small bungalow and it offers 5 bedroom and 8 baths with over 4,000 square feet (approx).   It’s location can’t be beat in the quieter north Hermosa Beach and what makes this home truly special is the oversized lot with 45 feet (usually 30) of beach frontage.

3033 The Strand Hermosa Beach - $15,500 a Month

After 1,064 Days on Market 212 The Strand is In Escrow

While the number of days on market is definitely misleading, there’s no question that the beachfront home at 212 The Strand has been on the market for a while. 1,064 days on the market to be precise. That has finally changed as this new construction beachfront home in Hermosa is now in escrow. The reason the number is a bit misleading is that the builder/agent listed the home long before it was actually complete and was listed at a very optimistic $11,900,000 price at the time. It’s been through a number of price reductions, which seems to be the norm on the very slow beachfront luxury market, to it’s most recent price of $8,999,999. The home offers 5 Beds, 5.5 Baths, approximately 4,403 sqft on a 2,374 sqft lot. We’re not aware of the sales price so we’ll update that once sales info is released after close of escrow.  View all of the current beachfront homes and properties for sale on the Hermosa Beach Strand as well as the current homes for sale in the sand section.

212 The Strand, Hermosa Beach

How Does The Hermosa Beach Real Estate Market Stack Up in June?

June 2020 saw a nice uptick in real estate sales with almost double the number of sales compared with May. Unlike most South Bay cities June was not the highest number of sales for the year but it wasn’t far off.

The chart below shows the number of active homes for sale in Hermosa Beach (light green) the number of sold homes in Hermosa Beach (dark green) and the number of pending home sales (red bar)

Hermosa Beach Home Sales and Property Prices for June 2020

June was a solid month for home sales in Hermosa Beach after the slow down in April and May caused by the uncertainties of the coronavirus pandemic.  There were 18 home sales during the month which was up from 10 in May.  The median “list” price was $2,000,000 while the median “sold” price was $1,937,500. The average price per foot was $1171.31 and average days on market was 46. The home that most drove median prices up was a classic California beachfront property at 3033 The Strand which closed at $12,000,000View all of the updated real estate trends and statistics for Hermosa Beach

View the current homes for sale in Hermosa Beach California

June 2020 Home Sales in Hermosa Beach

MLS # Type   Addres Price $ Per Foot Bed/Bath Sq Feet Year
SB20073952 SFR/D 1505 Loma DR   $1,070,000 $877.05 2/2,0,0,0 1220/A 1923/ASR
20576896 TWNHS 501 Herondo ST   #9 $1,075,000 $747.05 2/2,0,1,0 1439/ 1987/ASR
SB20063247 SFR/D 865 Loma DR   $1,340,000 $1,791.44 2/1,0,0,0 748/A 1922/ASR
SB20027398 TWNHS/A 226 Manhattan AVE   $1,395,000 $751.62 2/1,1,1,0 1856/A 1992/ASR
SB20080703 TWNHS/D 442 Bayview AVE   $1,687,000 $1,096.17 3/2,0,1,0 1539/S 1980/ASR
SB20078068 TWNHS/A 1007 Monterey BLVD   $2,050,000 $1,086.38 3/4,0,0,0 1887/A 1998/ASR
SB20102051 TWNHS/A 305 10th ST   $2,900,000 $1,220.03 4/3,0,1,0 2377/B 2020/BLD
SB20095687 TWNHS/A 1705 Bayview DR   $3,199,000 $1,028.29 4/2,2,1,0 3111/B 2019/BLD
SB20093776 SFR/D 3112 Hermosa AVE   $4,100,000 $1,906.98 3/3,0,0,0 2150/A 1935/ASR
SB20065803 SFR/D 2440 Silverstrand AVE   $5,620,000 $1,240.34 5/3,1,2,0 4531/E 2020/BLD
NP20021820 SFR/D 3033 The Strand    $12,000,000 $2,965.89 6/5,0,2,1 4046/A 1932/ASR
SB20067444 TWNHS/A 540 1st ST   #1 $1,180,000 $781.97 3/3,0,0,0 1509/A 1991/ASR
SB20095415 SFR/D 663 longfellow AVE   $2,400,000 $935.67 3/2,0,1,0 2565/A 1986/ASR
SB20086016 CONDO/A 2411 Prospect AVE   #117 $675,000 $717.32 2/1,1,0,0 941/A 1972/ASR
SB20070712 SFR/D 1829 Hillcrest DR   $1,810,000 $800.53 3/3,0,0,0 2261/A 1972/ASR
SB20063738 SFR/D 1563 Golden AVE   $1,825,000 $1,258.62 3/2,1,0,0 1450/A 1940/ASR
8.2E+08 SFR/D 541 Gravely CT   $2,500,168 $988.60 4/3,0,1,0 2529/ 2020/BLD
SB20005641 TWNHS/D 946 8th ST   $2,670,000 $889.70 4/3,0,1,0 3001/B 2019/BLD