Real Estate in the Beach Cities: California: Hermosa Beach: Hermosa Sand

September 9th 2011

Here's a quick breakdown of the Hermosa Beach Real Estate Market by the numbers

Hermosa Beach Sand Section - Area 148

Single Family Homes:

• 27 - number of  active listings
• 0 - Number of short sale and bank owned listings
• $829,000 - Lowest priced
• $18.99M - high priced (Oceanfront Double Lot)
• $2,249,000 - Median home price (skewed due to the high ocean front home inventory)
• 5 - Number of oceanfront Strand homes on the market
• 4 - Number of pending sales in escrow
• 2 - Pending short sales, 1 bank owned, 1 standard sale
• 5 - Number of single family homes sold since August 1st
• $1,350,000 - Median price of recently sold homes
• 5.9 - Months of unsold inventory
• 71 Average Days on Market

Townhomes

• 11 - Number of active listings
• $720,000 - Lowest priced
• $2,399,000 - Highest priced (walk street 2 houses from the beach)
• $1,095,000 - median home price
• 4 - Number of townhomes currently in escrow
• 3 - Number of pending sales that are short sales
• 2 - Number of townhomes sold since August 1st
• 12 - Months of unsold inventory

Condos

• 5 - Number of active listings (technically 2 - 3 are in the Beach House Hermosa and are condo/hotel units)
• 3 - Condos currently in escrow
• 1 - Condos sold since August 1st

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, TorranceRealEstateHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

Hermosa Beach CA - July 27th 2011

Real estate activity on the Hermosa Beach Strand has picked up significantly over the past few months with some very notable sales, new listings and price reductions.  (See also Manhattan Beach Strand Update)is a 3 bedroom condo. A similar unit in the same building at 638 The Strand recently closed with a sale price of $1,560,000 which wasn't far off of the list price of $1,599,000.  The two most notable sales were at 2408 The Strand, which was a vintage beach house on an over sized lot.  Originally priced at $16.5M in 2009 the home closed escrow at $8.0M which was a fantastic deal for the location and size of the lot which was just over 7600 sq ft.  The other big sale was of 2826 The Strand, a brand new over sized home on an over sized lot.  The home itself showed an unheard of 8000 square feet with all of the luxury attributes including elevator, exercise room, media room/bar area, and 3 story glass water feature.  The sale was being touted as the highest MLS sale in Hermosa Beach at $12.6M after being listed at $14.9M.  Other sales included 2666 The Strand a fixer on an unusual lot closing at $6.0M and the aforementioned condo at 638 The Strand.  Currently one home is pending after an aggressive price reduction at 1534 The Strand.  The sales price is unknown at this point but the home had just been reduced to $3.99M and quickly went under contract.  If oceanfront living is the ideal but prices aren't you may want to consider ownership of a unit at The Beach House.   Boutique hotel room units are individually owned and currently there are 4 units for sale. 

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

Inventory of luxury homes on the oceanfront street known as The Strand continues to sit relatively unchanged and has even increased as of late with a new corner lot listing in North Hermosa at 2444 The Strand on an oversized 6000+ foot lot coming on the market just under $8.0M. 

The Strand homes currently for sale offer some very unique opportunities with several corner lot properties being offered which not only allows for added outdoor space on the walk street, but offers views from at least two directions instead of only the straight on view.  The corner lot homes are located at 3205, 2444, and 100 The Strand.  In general the higher the address the more desirable the location for several reasons.  In addition there are several oversize homes currently for sale with over 6000 feet located at 3001 The Strand, 8000 feet of living space in the new construction 2826 home and 9894 square feet located on the double lot at 2909.  Although open houses are minimal on many of these homes, all are available to tour with appointment.  See below for information or visit our Hermosa Beach Oceanfront Homes information page to see all Strand properties.

 Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

Here in the Beach Cities snow is rarely in the forecast.....but not this holiday season.  On December 11th the newly beautified Pier Avenue in Hermosa Beach will welcome a day of snow filled activities.  The event will offer a sledding hill, music, holiday movies, Santa Clause (often arriving by firetruck) and even a snowboarding demonstration.  There is a snowboarding competion at 4pm, and tree lighting and Santa will arrive at 6.  At 6:30 a certain number of people buy donations going to the Hermosa Beach Education Foundation will have open access to "Mount Hermosa"

Keith Kyle is a licensed Realtor, short sale specialist and Top Producer with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

The Commodore, a condominium building located at 1600 Ardmore in Hermosa Beach just received FHA approval which may make a big difference with first time home buyers.  The Commodore is located at the corner of Ardmore and 16th Street and is ideally located within walking distance to downtown Hermosa, Pier Plaza, The Strand and the beach.  Visit our Hermosa Beach real estate website to view all current homes and condos for sale or visit our 1600 Ardmore #313 page to view our newest listing in the Commodore.

Keith Kyle is a licensed Realtor, short sale specialist and Top Producer with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

For those home buyers out there looking not only for a stunning ocean front home, but for the chance to live the life of the rich and famous, your home has arrived.  The home is located at 3500 The Strand in Hermosa Beach and it's known in the area as the "90210" house.  How the girls of Beverly Hills 90210 (the original not the recent) afforded a Strand home is certainly a mystery but this home was featured on many of their summer episodes with the cast living the good life on the beach.  The home itself is actually on a very unique corner lot in which the bike path, or Strand, juts out in the transition from Manhattan Beach to Hermosa Beach offering unblocked views in multiple directions.  As mentioned the address is 3500 The Strand and the home is actually two 2 bedroom 2 bath homes with an additional 2 bed/1 bath guest suite.  Square footage is approximately 2,868 square feet and sits on a 3,670 oversized lot and is listed with Bryn Stroyke of Vintage Properties.

The home truly is ideally located with some of the largest beach frontage in all of the South Bay.  The current list price is $10,500,000 and can only be shown with an appointment.  Click here to view all of the current oceanfront Strand homes in Hermosa and Manhattan Beach

Keith Kyle is a licensed Realtor and e-Pro with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

This property is a short sale but your clients may payoff as this is an absolutely charming beach classic.

Keith Kyle | www.KeithKyleHomes.com | South Bay Brokers | 310-546-7611 361 Longfellow, Hermosa Beach, CA - Click Here to Print Flyer Picture perfect beach home 3 blocks from the sand 2BR/2BA Single Family House Just Reduced to $825,000 Year Built 1967 Sq Footage 934 Bedrooms 2 Bathrooms 1 1/2 Floors 2 Parking 2 Car garage Lot Size 1,306 sqft Additional Short sale and subject to lender approval DESCRIPTION Live the beach life in this wonderful 2 bedroom Cape Cod home in North Hermosa Beach. Everything has been upgraded in this charming beach home. Enjoy the cool ocean breezes from your front porch or walk to the beach, Valley Park or nearby restaurants and shops. The opportunity to live in the sand section of Hermosa so close to everything rarely arises for this price. This is a short sale and subject to bank approval see additional photos below PROPERTY FEATURES • Central heat • High/Vaulted ceiling • Living room • Breakfast nook • Dishwasher • Refrigerator • Stove/Oven • Microwave • Washer • Dryer • Laundry area - garage • Balcony, Deck, or Patio OTHER SPECIAL FEATURES • 3 Blocks from the ocean and 3 blocks to the park • Absolutely charming beach cottage • Corner lot for light and ocean breezes • Short sale - subject to lender approval   ADDITIONAL PHOTOS Great corner lot Spacious kitchen Vaulted ceilings 2nd bedroom Cape Cod perfect White picket fence Contact info: Keith Kyle South Bay Brokers 310-546-7611 listings@KeithKyleHomes.com Equal Opportunity Housing