Keith Kyle Homes Proud to Sponsor 2014 Hearts of Hermosa

We are proud to once again be a community partner with our local schools and sponsor of the upcoming Hearts of Hermosa.  It is a HOHfantastic event  attended by seemingly every parent in the school system and proceeds benefit the Hermosa Beach Education Foundation.  For more information visit the HBEF website.

Hearts of Hermosa 2014

Saturday, March 22, 2014

 

Schedule of Events: 6:00 pm  – Doors open 6:15 – 8:00  – Hors D’oeuvers, Music and Silent Auction 8:00 – 9:30 – Dinner and Live Auction 10:00 – 11:30  – Dance the night away

Thank you for supporting Hermosa Schools by attending HBEF’s annual Hearts of Hermosa event.

We will once again be at our private venue at the community center.  There will be no mobile bidding this year so be ready to bid old school style with pen and paper!

We will once again have four bars this year.  Pamilla will be serving tequila cocktails, Uncorked will be serving wine and champagne, Hot’s Kitchen will have a selection of craft beers and Hermosa Saloon will have premium cocktails.

 

Manhattan Beach Open Houses for 3/8-3/9

By Keith Kyle

With a beautiful weekend in the beach and the summer buying season quickly approaching now may be the time to start your home search in Manhattan Beach.  Below are the open house for this weekend of March 8th and 9th.  If you’re looking for future weekends or current open house information visit our weekly updated open house list for Manhattan Beach and the South Bay.

Days Hours Address Details Price
Sun. 1-4pm 3513
Palm Ave.
3 BD, 2 BA, Charming Tree Section Home $1,200,000
Sat.
/ Sun.
2-4pm 3213
N. Valley Dr.
3 BD, 3 BA, 1,976 Sq. Ft. $1,449,999
Sun. 1-4pm 1404
Pine Ave.
3 BD, 2 BA, New Listing, 4,256 Sq. Ft. Lot $1,499,000
Sat.
/ Sun.
1-4pm 222
Larsson St.
4
BD, 2.5 BA, Fantastic View of the City
$1,500,000
Sun. 1-4pm 1200
Lynngrove
4
BD, 3 BA, Bonus Room
$1,529,000
Sat.
1-4pm 504
Larsson St.
3
BD, 2 BA
$1,545,000
Sun. 1-4pm 1046
1st St.
4
BD, 3.5 BA, 3,400 Sq. Ft., Yard, Ocean View
$1,879,123
Sun. 2-4pm 3521
Palm Ave.
4
BD, 3 BA
$1,945,000
Sat.
/ Sun.
2-4pm 801
11th St.
4
BD + Office, 3 BA
$1,970,000
Sat.
/ Sun.
2-4pm 1144
Walnut Ave.
5
BD, 4 BA + Office / Studio, Tree Section
$2,099,000
Sat.
/ Sun.
2-4pm 2200
Elm Ave.
4
BD, 3 BA, 3,181 Sq. Ft.
$2,299,999
Sat.
/ Sun.
2-4pm 312
44th St.
4
BD, 4.5 BA, Pano. White Water Views
$2,700,000
Sun. 1-4pm 1450
6th St.
6
BD, 5.5 BA, Built in 2008 on a 7,500 Sq. Ft. Lot
$2,795,000
Sun. 1-4pm 2903
Manhattan Ave.
3
BD, 3.5 BA, Amazing Ocean Views
$5,000,000

Upcoming Walkstreet Listing at 2903 Manhattan Ave in the Sand Section

South Bay Brokers and Jack Gillespie will shortly be bringing 2903 Manhattan Ave to Market for an estimated list price of $5,000,000.  Located on corner lot on Manhattan Ave with frontage on the walkstreet, this home features some pretty stunning views and offers 4,175 square feet, 3 bedrooms, 3 1/2 baths and was built in 1992.  It is definitely a unique home with features you don’t see in most luxury beach homes but for the right buyer it will be all about location, location, location.  Contact Keith Kyle for more information.

New Beachfront Home Listed in Hermosa at 1540 The Strand

Beachfront homes on The Strand in Hermosa and Manhattan Beach are few and far between in the past few months with older homes quickly getting sold to builders and just a few offerings of homes price, in my opinion, out of line with market values. This latest listing at 1540 The Strand in Hermosa Beach.

We're sorry, but we couldn't find MLS # SB14023607 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

770 West Imperial – Lowest Priced Home in El Segundo

As of January 20th the most affordable home in El Segundo is the home at 770 West Imperial Highway.  It is a nicely upgraded condo in the Pacific Sands building currently priced at $342,900.

We're sorry, but we couldn't find MLS # 13718005 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

There is a big difference between Realtors

By Keith Kyle

While searching some local listings I found a great example of how much effort some realtors put into their home prep and marketing efforts and how not all realtors put that same effort into the process of selling homes.  Many potential home sellers ask me why I’m different than any other realtors and while there are a number of ways, none are clearer than in the effort and professionalism at every step of the process.  Honestly….which home would you schedule an appointment to see?

Listing Photo          2nd Listing Photo

The two pictures above are both current listings and both in the same building for similar prices.  Each picture was the primary listing photo and it goes without saying that home number one is going to get a world of interest compared with home number 2.  Regardless of the condition of the second home (which we don’t know based on this photo and most buyers wouldn’t take the effort to click on the next picture) there is just no benefit to having a photo like this to try and appeal to potential home buyers.Primary listing photos for 2 current listings in the same building.  A little effort can go a long way

Will Overpricing Help Slow the Manhattan Beach Market Down?

By Keith KyleTree-Section

I’ve noticed an early January trend in some of the local markets as many homes now seem to be listed at prices that recent sales just don’t seem to justify. Will this overpricing help slow the market down a little as we’re starting to see some homes sit on the market and even eventual price reductions.  At the moment there are a number of homes in Manhattan Beach that have been on the market for 45 days or longer.

We’ve seen the market increase in value dramatically in the past 12 months with values generally rising each month but since late November we seem to be seeing more homes priced well above the current market and well above the pricing trend. Only time will tell what 2014 has in store in the Beach Cities real estate market but as perception is such a real part of real estate, buyers now seeing homes sit on the market without selling may mark the beginning of a slow down.

Santa Clause Came To Town….and Had a Police Escort!

Santa Clause came to town….and like a rockstar had a police escort! Santa made his annual rounds through Hermosa Beach and Manhattan Beach and just happened to visit us and make a stop just outside our house. Now if it would only snow it would really feel like Christmas.

 

Rarified Air – 2666 The Strand in Hermosa Sells for $14,800,000

By Keith Kyle

There haven’t been too many home sales in Hermosa Beach topping the $10M mark but a recent sale of home located at 2666 The Strand reached a price point reserved for only the most unique and spectacular homes.  Oceanfront homes on The Strand come with some steep price tags, but the home at 2666 The Strand broke the record for on market sales as a whopping price tag of $14,800,000.   Pricing was unusual with it originally being listed in 2013 for $13.9M, then being raised to $14.2M then $15.9 during it’s 9 months on the market.   The home sat on a very unusually shaped lot and when the lot originally sold for $6,000,000 back in 2011 it wasn’t clear that this spec home would yield a profit. Needless to say that wasn’t the case as the market took a dramatic turn north and the builder did a fantastic job of taking full advantage of the unusual lot with over 70 feet of beach frontage.

Strand-Homes-Hermosa

 

No Single Homes For Sale in Manhattan Beach Under $1,000,000

“Starter” Homes in Manhattan Beach Harder and Harder to Find

By Keith Kyle

For the first time in quite a while there are no single family homes currently active for sale in any area of Manhattan Beach priced under $1,000,000.

Currently there are 5 single family homes in escrow that are priced under $1,000,000 with almost all exclusively in the Liberty Village area which is the most affordable neighborhood in Manhattan Beach.  Gone may be the days of homes in the sub $1,000,000 range.  Below are the current homes in escrow (as of 12/18/13) and below is a historical chart showing the past 3 years of homes below $1.0M.

Manhattan Homes Under $1M

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.