Okay, our client's 3-bedroom, 908 sqft fixer on a 2800 sqft corner lot in East Hermosa doesn't look like much now but we are currently in escrow and the buyers will, as indicated, fix it up for lease. A 2nd story would offer some nice sweeping city views, we think.
A new record sale price for a residential sale in Hermosa Beach was set recently when this ocean-view home closed escrow - and it's not even on The Strand.
A bevy of high-priced homes has recently hit the market in Hermosa Beach. If any one of these homes sells for close to its asking price (and we're hearing one of them is under contract), it will set a new sales record for Hermosa Beach.
The founder of RockStar energy drink is hoping to make a bundle on the sale of the beachfront Hermosa home, now listed at $21 million, that he purchased in 2013 for $10 million.
The past year was a good year in general for residential real estate in Hermosa Beach. However, in every market, there are winners and there are losers. Here are our picks for each category.