Big Sale On the Strand – 3033 Strand Sells for $12,000,000

3004 The Strand in Hermosa Beach was one exception to a very saturated and very slow beachfront market.  It recently closed escrow at a number well below the list price, which certainly may be one reason it sold relatively quickly compared with the rest of the market.  3033 was a classic beach house much larger than most original beach  bungalows on the Strand.   It was listed at $14,800,000 and closed at $12,000,000.

View all of the homes for sale on the Manhattan and Hermosa Strand.

3033 The Strand, Hermosa Beach

New Beachfront Home Hits the Market on the Strand in Hermosa Beach

3130 The Strand Hermosa Beach CA

$12,975,000

This new beachfront listing in North Hermosa Beach just recently hit the market.  It’s located just next door to another home on the market (technically in escrow as of this post on 5/4) located at 

Another addition to the crowded beachfront market in Hermosa Beach just hit the market this week at 3031 The Strand. Listed at $12,975,000 this is an older home that could be either a remodel project or tear down for new construction. The current home has a lot to offer but it’s unlikely a buyer in this range would keep the home in it’s current state. What makes this home so special is the location and lot size. The north Hermosa Beach sand section location makes for a much quieter locale compared with homes closer and south of the pier.

View the virtual tour

The oversized lot offers incredible beach frontage making for a true legacy estate property a possibility.

March 2020 Hermosa Beach Home Sales and Home Prices

March was a busy month for home sales in the coastal community of Hermosa Beach. There were 20 on market home sales which is a very strong number for this small town. Median list price was $1,622,000 with the median sold price at $1,637,500 indicating a VERY strong sellers market. That may change with the current Corona virus impact but that’s yet to be seen. The average price per foot was a very high $1112 and average days on market was 84.

Those prices were all heavily impacted by an oceanfront home sale at 1534 The Strand which was listed just under $10,000,000 and closed for $8,700,000.

 

March 2020 Hermosa Beach Home Sales

Type AddressPrice$ Per FootBed/BathSq FeetYear BuiltSold Date
CONDO/A447Herondo ST   #106$870,000$622.322/1,1,0,01398/A1978/ASR3/24/2020
TWNHS/A501Herondo ST   #9$950,000$660.182/2,0,1,01439/A1987/ASR3/6/2020
SFR/D856Cypress AVE  $1,399,000$1,568.393/1,0,0,0892/AP1955/ASR3/17/2020
TWNHS/A447Manhattan AVE  $1,725,000$899.372/2,1,0,01918/A2010/ASR3/17/2020
SFR/D33726th ST  $2,500,000$1,594.393/2,0,0,01568/A1943/ASR3/6/2020
TWNHS/D50425th ST  $2,825,000$1,027.274/3,0,1,02750/A2015/PUB3/7/2020
TWNHS/A1705Manhattan AVE  $4,000,000$1,012.404/4,0,2,03951/B2019/BLD3/9/2020
SFR31526TH ST  $5,525,000$1,330.684/6,0,0,04152/OTH20193/19/2020
SFR1534The Strand   $8,700,000$3,097.194/1,4,0,02809/E 3/10/2020
CONDO/A1707Pacific Coast Hwy    #408$565,000$782.551/1,0,0,0722/A1972/ASR3/26/2020
CONDO/A1600Ardmore AVE   #334$569,000$937.401/1,0,0,0607/A1970/PUB3/13/2020
CONDO/A1600Ardmore AVE   #416$599,000$843.662/1,0,0,0710/A1970/ASR3/4/2020
TWNHS/D7082nd ST  $2,189,000$872.114/2,1,1,02510/A2015/ASR3/17/2020
SFR/D669Longfellow AVE  $3,135,000$1,043.964/4,0,1,03003/A2017/ASR3/11/2020
SFR/D120120th PL  $1,095,000$1,207.282/1,0,0,0907/A1956/ASR3/24/2020
SFR/D121120th ST  $1,230,000$946.153/2,0,0,01300/OTH1949/ASR3/13/2020
SFR/D11162nd ST  $1,295,000$1,234.513/1,0,1,01049/A1958/ASR3/27/2020
SFR/D11569th ST  $1,550,000$973.013/1,1,1,01593/A1954/ASR3/17/2020
SFR/D1401Corona ST  $2,645,000$859.054/3,0,2,03079/B2020/BLD3/15/2020
SFR/D1517Golden AVE  $2,705,000$738.065/2,2,0,03665/B2019/BLD3/3/2020

New Oceanfront Condo Hits the Market at 72 The Strand in Hermosa Beach

If the vacation lifestyle is just what the doctor ordered, this may be the home for you.  Located beachfront in a 7 unit building, this 2 bedroom condo offers stunning views of the beach and ocean.  Own your piece of paradise and make this the perfect home, vacation home or rental property.  Another property in this building just went into escrow but unlike the other unit, this home practically sits on the sand with one of the finest beaches in the world just steps away.  Priced at $2,099,000 72 The Strand offers 2 bedrooms, 1 1/2 bath and approximately 819 square feet of living space.

Information on 72 The Strand, Hermosa Beach CA 90254

**The listings above may be represented by other realtors. We are providing this information as a service to our clients.  Keith Kyle is a top producing realtor with Vista Sotheby’s International Realty 

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.

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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

Back on the Market – Beachfront Listing at 3001 The Strand

It wasn’t all that long ago when beachfront listings on “The Strand” were extremely rare. Between list prices few can consider and a slow down in this ultra high end market, homes have been sitting with price reductions becoming the norm. 3001 The Strand is back on the market with a new realtor and a new price. Originally listed at just under $23,000,000 back in 2016, the home was most recently listed for $21,000,000 back in the summer of 2019. Back with a new realtor, the home just came back on the market with a $18,950,000 price tag.
The north Hermosa location is ideal and this 2007 built home offers 6 bedrooms, 6 baths and over 5,600 square feet.

3001 The Strand Hermosa Beach CA