7 Beachfront Homes on The Market…..Wow!

It wasn’t all that long ago that a single beachfront home for sale on The Strand in Hermosa Beach was pretty rare. Oh how things have changed with 7 homes and properties currently for sale.  Combine that with another 5 homes for sale on the Manhattan Beach Strand and that’s a very high percentage of the total number of beachfront homes.

Current Homes for Sale in Hermosa Beach CA

Real Estate Recap – Hermosa Beach Home Sales and Prices for February

Home Sales & Prices for February

February was a very slow month for closed home sales in Hermosa Beach with only 10 homes sold during the month. That’s the fewest home sales in a month over the past 12 months other than December and was half of the home sale numbers during the peak summer months of 2019.

Prices continued to imrpess  with the median list prices of $1,549,000 and a median sales price of $1,542,500 indicating that we’re still very much in a seller’s market.  Average price per foot for sold homes in Hermosa Beach was $1029.  Median days on market was 139 which is fairly misleading as 3 homes had been on the market for over 6 months but the rest a relatively short time on the market. 

The sand section of Hermosa saw the most home sales with 8.   See the Hermosa Beach real estate stats for the past 15 months below.

.

February 2020 Home Sales and Prices in Hermosa Beach.

MLS # Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
SB20007141 SFR/D 301 27th    $1,510,000 $1,623.66 2/1,0,0,0 930/A 1950/ASR 2/19/2020
SB19275440 SFR/D 428 28th ST   $1,575,000 $1,704.55 2/1,0,0,0 924/A 1953/ASR 2/1/2020
RS19132279 SFR/D 425 Gould AVE   $1,642,244 $1,038.74 4/3,0,0,0 1581/A 1961/ASR 2/18/2020
PV19244735 TWNHS/A 858 Loma DR   #B $1,645,000 $854.55 3/3,0,1,0 1925/A 1989/ASR 2/28/2020
SB19119924 TWNHS/A 449 Manhattan AVE   $1,725,000 $869.02 2/2,1,0,0 1985/B 2010/PUB 2/21/2020
SB20005947 CONDO/A 1707 Pacific Coast    #120 $526,500 $795.32 1/1,0,0,0 662/A 1972/ASR 2/5/2020
SB19246583 CONDO/A 1600 Ardmore AVE   #216 $642,000 $904.23 2/1,0,0,0 710/A 1970/ASR 2/18/2020
SB19255262 CONDO/A 713 3RD    $1,150,000 $718.75 2/2,0,1,0 1600/S 1985/ASR 2/13/2020
SB20010972 SFR/D 1244 20th ST   $1,330,000 $969.39 3/2,0,0,0 1372/A 1968/PUB 2/5/2020
SB20007214 TWNHS/A 803 19th ST   $1,650,000 $810.81 3/1,1,1,0 2035/D 2019/BLD 2/28/2020

By the Number – Real Estate Stats for Manhattan Beach CA

Real Estate Recap – January 2020 Hermosa Beach Home Sales and Prices

January was a fairly typical month for home sales in Hermosa Beach with 12 on market homes that sold.  The notable sale of the monthly was for a beachfront home at 22 The Strand which sold for $5,610,000 after several price reductions.  The median list price was $1,595,000 with a median sold price of $1,558 indicating a pretty solid sellers market.  The median price per foot was $958.77.

View the current homes for sale in Hermosa Beach CA

January 2020 Home Sales in Hermosa Beach

Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
SFR/D 451 Longfellow AVE   $1,650,000 $1,059.05 2/2,0,0,0 1558/A 1959/PUB 1/24/2020
TWNHS/A 311 Culper CT   $1,845,000 $931.82 3/3,0,1,0 1980/A 2006/ASR 1/22/2020
TWNHS/A 121 2nd ST   $3,085,000 $1,181.99 4/4,0,1,0 2610/D 2019/BLD 1/17/2020
SFR/D 22 The Strand    $5,610,000 $1,558.33 4/3,1,1,0 3600/A 2001/ASR 1/13/2020
CONDO/A 736 Gould AVE   #19 $1,300,000 $707.68 3/3,0,0,0 1837/P 1980/PUB 1/10/2020
SFR/D 722 8th PL   $1,500,000 $919.68 3/2,0,0,0 1631/A 1974/ASR 1/7/2020
TWNHS/D 653 11th ST   $1,862,500 $633.93 4/3,0,1,0 2938/A 1999/PUB 1/24/2020
SFR/D 661 25th ST   $4,400,000 $845.67 5/5,0,1,0 5203/B 2019/BLD 1/3/2020
SFR/D 719 24th PL   $4,725,000 $1,030.53 5/5,0,3,0 4585/A 2019/SLR 1/31/2020
SFR/D 1015 2nd ST   $1,000,000 $958.77 3/2,0,0,0 1043/A 1954/ASR 1/9/2020
SFR/D 1836 Hillcrest DR   $1,050,000 $1,113.47 2/1,0,0,0 943/A 1954/PUB 1/7/2020
SFR/D 1011 Owosso AVE   $1,459,888 $997.87 2/2,0,0,0 1463/A 1948/ASR 1/14/2020

Notable Sale on the Beach – 2120 The Strand is In Escrow

While it hasn’t officially sold and is only “in escrow” the sale at 2120 The Strand is fairly notable as that’s the very high end of the market in Hermosa Beach. This ultra luxury market on The Strand in Hermosa and Manhattan has been very slow and it’s not uncommon to see this level home sit on the market for a year or more.  The home offers a great location for the Strand as it’s walkable to the Hermosa pier area but not too close to deal with any of the congestion.  The home features 5 bedrooms and 5 baths on 3 levels and just under 3,700 square feet.  List price is $9,950,000.  There are several other homes available on The Strand in Hermosa as well as oceanfront Strand homes in Manhattan Beach.

Info on 2120 The Strand Hermosa Beach

Homes We Like – 402 Via San Sebastian in the Hollywood Riviera

Call us suckers for big ocean views and clean coastal design, but the home at 402 Via San Sebastian definitely caught our eye. The home offers some fantastic ocean views and the clean design inspired by luxury coastal living makes for a fantastic place to call home. Sitting on a 10,000+ foot elevated lot, the home has expansive views of the oceean and coast. With 3 bedrooms, 2 baths and a bit over 1,500 feet the home fits in nicely with the neighborhood. Although it was originally built in 1954 the home was recently remodeled and reimagined. Listed with Jennifer Fematt of Douglass Elliman the home is currently priced at $1,750,000.  Contact us for more information on this home or to schedule a private showing.

402 Via San Sebastian Hollywood Riviera

Homes we Like – Big Views and a Beachy Vibe at 320 Paseo De La Playa

Although it’s surprising to still see this home on the market for over a month, we still think it’s a pretty affordable way of enjoying the good life in the Hollywood Riviera.  While homes on Paseo De La Playa are selling well into the multi millions (the largest of which sold over $22,000,000 in 2018!!!) there are still opportunities to carve out your beach niche in the area.  Just east of the parking lot above Torrance Beach is 320 Paseo De La Playa.  This condo/townhome offers some stunning and unblockable ocean views and sit’s just across the street from the beach.  Just reduced from $1,479,000 to $1,379,000 and listed with Redfin, this property may just be the beach home you’re looking for.

PRICE: $1,379,000
BED / BATH:  2/3
PRICE PER SQFT:  $811.18
LEVELS:  Two
GARAGE:  2/Detached
YEAR BUILT:  1976
SQFT(src):  1,700 (O)