In a sign that the real estate market apocalypse is now upon us, we were pretty stunned at the sales price on this one.  519 25th was a fairly small detached townhome.  It’s in a great location just a few blocks from the beach but as mentioned it wasn’t overly large, and was a pretty major fixer both inside and out.  We’re not at all surprised that someone bought it…..location, location, location as you know…..but it sold for $615,000 over the list price.  We see single family homes that are fixers or tear downs be all about location and lot size, but with a townhome the options are limited.

Home Info

  • 3 bedrooms
  • 2.5 bathrooms
  • 1,656 square feet(approx)
  • Built in 1974
  • Listed at $1,400,000 – Sold at $2,015,000
  • Listed by Paul Krugman – Paul Krugman, Broker – 714-920-9813Ext:0

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519 25th St, Hermosa Beach 90254 – Sold for $2,010,000

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