Can East Hermosa Beach Compete with Manhattan Beach Prices?

There’s no doubt that the real estate market in Hermosa Beach is just as hot, if not hotter, than Manhattan Beach, but the newest listing east of PCH at 826 18th is definitely going to help determine if east Hermosa Beach can handle a price for new construction that exceeds some new construction in Manhattan, Hermosa’s more expensive neighbor to the north.  The area east of PCH in Hermosa Beach is generally the least expensive neighborhood in this small coastal community due to the fact that it’s the furthest from the beach.

826 18th Street, Hermosa Beach, CA 90254 (MLS # SB17111561)

(all data current as of 8/20/2017)
Price $3,900,000
Beds 5
Baths 5 baths
Home size 4,100 sq ft
Lot Size 5,227 sqft
Days on Market 68
Status Active
This brand new beautiful California Coastal Home is your opportunity to own a true entertainers delight. Features to include 5 bedrooms, 4.5 bathrooms, and approximately 4100+ SF of living space. The first floor features 1st Master bedroom with fireplace and ensuite bath which opens to a wrap around porch, 3 bedrooms, laundry room, and sitting area with built in study center leading to the back yard. Moving to the 2nd level is an expansive great room with fireplace, wet bar, and panoramic view from Palos Verdes to Santa Monica Bay. Also on the 2nd floor is the formal dining room, walk in pantry, wine room with 354 wine bottle capacity, gourmet kitchen with large island all being available to/from the great room and the 2nd Master bedroom with fireplace, private deck, and ensuite bath. Lastly on the 2nd level is the outdoor patio complete with kitchen amenities. To complete this home is a roof top deck with fireplace and over 855 SF for entertaining fully plumbed with all utilities. Other features of this home include Viking appliances, Caesarstone countertops, security system, 2 car garage, cedar paneling, white oak hardwood flooring, LED and integrated lighting system, dual controlled air conditioning and heating, central vacuum system, temperature controlled wine room, and large flat back yard. Truly no expense has been spared with thought to the craftsmanship and details of this lovely home. Truly a delight . . . indeed

Property Type(s): Single Family

Last Updated 8/11/2017 Tract
Year Built 2017 Community 150 - Hermosa Bch East
Garage Spaces 2.0 County Los Angeles
Total Parking n/a

Price History

Prior to Jun 15, '17 $4,200,000
Jun 15, '17 - Today $3,900,000

Additional Details

Lot 5227 sq ft Area 150 - Hermosa Bch East
HOA Dues 0 Parking Spaces: 2.00
Pool Description None Stories 3
Utilities Cable Available,Phone Available,Sewer Connected,Water Connected View Description Coastline,Ocean,Panoramic
Water Public

Features

Air Central, Dual, Electric
Air Conditioning Yes
Appliances 6 Burner Stove, Barbecue, Dishwasher, Energy Star Appliances, Garbage Disposal, Gas O
Exterior Rain Gutters
Fireplace Yes
Garage Driveway, Garage, Yes
Heat Fireplace, Forced Air, Natural Gas
Interior 2 Staircases, Balcony, Bar, Built-Ins, Ceiling Fan, Copper Plumbing Full, Crown Moldings, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Pantry, Recessed Lighting, Stone Counters, Vacuum Central, Wet Bar
LotDescription Back Yard, Landscaped, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
Master on Main Yes
Style Contemporary, See Remarks
View Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : Debbie Lynn Setting CalBRE:01900371, Classic Design Properties

(view all details for MLS #SB17111561)

90210 Beach House is On the Market at 3500 The Strand in Hermosa Beach

By Keith Kyle

If you were born during or around the 70’s or just a pop culture fan, you’re certainly going to remember this house.  This is the place where Dylan, Brandon, Brenda and the rest of them hung out for the summer.  It also was a big turning point in the popularity of the show from what we’ve read as the show went from pretty tame to a bit racier when they hit the beach.

The home is actually located at 3500 The Strand in Hermosa Beach and is the very last home before the Strand takes a short push east and sits right on the border of Manhattan Beach and Hermosa.  It’s certainly not the only famous home in town but it’s one of the more recognizable.  We’re not quite sure how the 90210 crowd had it laid out, but it’s actually a triplex and given the unique location it fronts the beach on two sides.

All of this nostalgia and fame (more likely an extremely unique location for a future home) can be yours for a cool $16,500,000.  Contact us for more information.

We're sorry, but we couldn't find MLS # SB17011654 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

 

Manhattan Beach is the Center of the South Bay Real Estate Universe

By Keith Kyle

From just about every perspective, Manhattan Beach is the epicenter of real estate in the South Bay. The combination of great schools, small town charm, proximity to the airport and downtown (but not too close) and the hard to ignore reality that it’s become a very high “status” area make it the most sought after city in the area.

What this means is that home prices in Manhattan Beach impact the surrounding communities. As more buyers are priced out of Manhattan they often start searching in nearby Hermosa Beach…when that becomes too expensive they start looking in El Segundo, Redondo Beach real estate and the surrounding cities.  This is pretty clearly indicated by the median home prices in each of the areas.  Manhattan Beach saw a median home price of $2,075,000, with the median in Hermosa at $1,570,000, El Segundo at $1,151,000 and Redondo Beach near (exact numbers not available) $1,032,000.  Each of the neighboring cities can offer fantastic neighborhoods and are great communities, but it’s clear that Manhattan Beach real estate is the driving force that impacts prices in the nearby communities and cities.

 

Oceanview Dreamhome Location – 201 28th Street Hermosa Beach

Contact listing agent Keith Kyle for more information at 310.251.2344
201_28th_st_view1-copy

For the investor looking for prime property near the beach, 201 28th Street may be your opportunity. This spacious duplex is ideal for future build site with huge view potential, ideal for owner user to live in one and rent the other, as a straight rental, or as a value add opportunity. 201 28th sits on a 2400 foot R2 lot (meaning a 30 foot height limit instead of 25 feet) just a block to the beach. Featuring big ocean views the two units have long term renters currently on month to month leases. Front unit is a 4 bed 3 bath with spacious living room, ocean view deck and has great upside potential for owner user or investor. Rear unit is a 2 bedroom 2 bath with ocean views and private deck. Both homes have interior laundry.

Ocean view duplex

Ocean view duplex

Future 3rd Floor View

Future 3rd Floor View

A Block to the beach

A Block to the beach

205 Living Room

205 Living Room

201 28th Street views

201 28th Street views

201 Living Room

201 Living Room

201_28th_st_view6-copy

205 Kitchen and Dining

205 Kitchen and Dining

Potential panoramic views

Potential panoramic views

201 Bedroom

201 Bedroom

Block to the beach

Block to the beach

201 Downstairs Bedroom

201 Downstairs Bedroom

Property Details:

  • 201 28th Street – One block to the beath
  • Built in 1973
  • Front unit – 4 bed, 3 bath, 2 levels.  Ocean views from entire second floor.  Current rent: $4,250
  • Back unit – 2 bed, 2 bath, 2 levels.  Ocean views from second level.  Private deck.  Current rent $2,300
  • Total square footage $2,490
  • 2,398 foot R2 corner lot with potential to build 30 foot single family home

Contact listing agent Keith Kyle for more information at 310.251.2344

Featured Listing – Ocean View Duplex a Block from the Beach

Contact listing agent Keith Kyle for more information at 310.251.2344
201_28th_st_view1-copy

For the investor looking for prime property near the beach, 201 28th Street may be your opportunity. This spacious duplex is ideal for future build site with huge view potential, ideal for owner user to live in one and rent the other, as a straight rental, or as a value add opportunity. 201 28th sits on a 2400 foot R2 lot (meaning a 30 foot height limit instead of 25 feet) just a block to the beach. Featuring big ocean views the two units have long term renters currently on month to month leases. Front unit is a 4 bed 3 bath with spacious living room, ocean view deck and has great upside potential for owner user or investor. Rear unit is a 2 bedroom 2 bath with ocean views and private deck. Both homes have interior laundry.

Property Details:

  • 201 28th Street – One block to the beath
  • Built in 1973
  • Front unit – 4 bed, 3 bath, 2 levels.  Ocean views from entire second floor.  Current rent: $4,250
  • Back unit – 2 bed, 2 bath, 2 levels.  Ocean views from second level.  Private deck.  Current rent $2,300
  • Total square footage $2,490
  • 2,398 foot R2 corner lot with potential to build 30 foot single family home

Contact listing agent Keith Kyle for more information at 310.251.2344

This Weeks Manhattan Beach Open Houses

1641-23rd-street-remodeled-kitchenIf you’re looking for a great beach house, Manhattan Beach is the town for it.  Take a look at this weeks open house list to see what homes you might be interested in.  If the list isn’t updated please visit our South Bay open houses information site.

Out of Manhattan – Homes We Like – 1032 6th Street Hermosa Beach

By Keith KyleOcean View Townhomes in Hermosa Beach

It’s surprising to see that 1032 6th Street in Hermosa Beach is still on the market as we liked it when it first hit the market and still think it’s a great property.  Part of the challenge for this home is that it’s competing with new construction townhomes built by Lazaar Design+Build just a block away at 1072 & 1074 7th Street and 2 homes on Pine, but given the great views and beautiful details it’s still surprising that it remains for sale.  The home has a great open feel and floorplan, beautiful ocean views and unlike most townhomes, it has a small yard area.  This fully detached townhome looks and feels like a single family home and is definitely worth a look.

We're sorry, but we couldn't find MLS # SB16135313 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

 

 

Just Listed in Hermosa Beach – 618 1st Street – Just Blocks to the Beach

By Keith Kyle618_1st_St_front1 copy

Located just a few short blocks to the beach at 618 1st Street, this beautiful detached Cape Cod designed townhome offers the best in beach living.  Very rare for this area of Hermosa, the home is completely detached and feels like a single family home with great outdoor spaces and a private entry. With a mid level entry and reverse floorplan, the formal entry offers soaring ceilings, hardwood floors and is bathed in natural light.  Entry level features the master suite, 2 spacious bedrooms, convenient laundry area, and a full bath.  The enormous master suite features dual walk in closets, new carpet and paint, and an beautiful bath with jacuzzi tub and  shower.  The upper level offers an incredible amount of space with an open and flexible layout that can adapt to your lifestyle.  The living room features vaulted ceilings, beautiful gas fireplace, and 4 French doors allow for direct access to the patio to take in the near perfect weather.  The top floor also features an oversized and open kitchen with recessed lights, stainless appliances sits cental to both the living room and huge dining room.  Head up to the rooftop deck for great ocean and city light views.  The home also offers a nice backyard area with deck and artificial turf, and a two car attached garage.  All of this ideally located in Hermosa Beach, recently voted the 10th “Happiest Seaside Towns in America” by Coastal Living Magazine.

 Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or for a private showing.  Details and videos at 618FirstStreet.com



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Coming in May 2016 – Luxury Oceanview Townhomes in Hermosa Beach

Coming late spring 2016, these incredible free standing ocean view townhomes in Hermosa Beach, built by South Swell offer the impeccable construction and finishes for the discriminating buyer.  Luxury ammenities abound from the moment you enter the homes.  The first floor offers a spacious guest bedroom, separate living area and a full bath.  2nd level offers 2 spacious bedrooms, laundry room, and a beautiful master suite with private balcony and ocean views.  The third level offers a beautiful and bright great room with multiple balconies, fantastic ocean views, gourmet kitchen, fireplace and more.  This open floorplan takes full advantage of the wonderful views, breezes and natural light.  View the 1072 and 1074 7th Street website for more information, photos and videos.

All of this located in Hermosa Beach, once voted the “best small beach town in America”.  From the spectacular beaches, to the charm of downtown, to the award winning neighborhood schools, Hermosa Beach is an ideal place to call home.

Contact the listing agent Keith Kyle of Vista Sotheby’s International for more information.

Luxury new construction townhomes for sale in Hermosa Beach

Luxury new construction townhomes for sale in Hermosa Beach

Front Home:

  • 4 bedroom 3.5 bath
  • 3000+ square feet
  • Ocean views from 2nd and 3rd level
  • Detached home on a great Hermosa Street
  • Price: Call agent for details

Rear Home:

  • 4 bedroom 3.5 bath
  • 3200+ square feet
  • Ocean views from 2nd and 3rd level
  • 4 balconies/decks
  • Detached home on a great Hermosa Street
  • Price: Call agent for details

Average Home Sales Price Nearing $3,000,000 in Manhattan Beach

By Keith Kyle

1631 19th Street sold at $2.725M

1631 19th Street sold at $2.725M

The December numbers are in and if there was any thought that the real estate market in Manhattan Beach was leveling the numbers certainly say otherwise.

The average home price in Manhattan Beach for the homes that closed escrow during December was $2,766,567 with a median price of $2,184,000.  That’s a fairly incredible number that still shows no sign of slowing or reversing.   The reasons are the continued demand with a limited supply of new listings, combined with an abundance of new construction homes that are fetching record prices.  See the chart below for the December home sales numbers for Manhattan Beach and the South Bay for December of 2015.

City Homes
Sold
December
2015 Median
December
2014 Median
Year
over Year % Change
Carson  73 $360,000 $365,000 -1.4%
El Segundo 10 $949,000 $735,000 20.2
Gardena 41 $420,000 $385,000 9.1%
Harbor City 15 $483,000 $467,000 9.1%
Hawthorne 35 $508,500 $667,750 -23.8%
Hermosa Beach 24 $1,475,000 $1,360,000 8.5%
Lawndale 13 $420,000 $415,000 1.2%
Lomita 16 $520,000 $490,000 6.1%
Long Beach 339 $456,000 $395,000 15.4%
Manhattan Beach 34 $2,184,000 $1,689,000 29.3%
Marina Del Rey 31 $905,000 $759,000 19.2%
Palos Verdes Estates 29 $1,456,000 $1,150,000 26.7%
Playa Del Rey 17 $605,000 $482,000 25.5%
Rancho Palos Verdes 48 $1,170,000 $1,135,000 3.1%
Redondo Beach 89 $826,250 $770,000 7.3%
San Pedro 72 $517,500 $492,000 5.2%
Torrance 133 $597,000 $562,000 6.3%
Westchester 34 $951,000 $807,500 17.8%