As we are short sale specialists from the abundance of short sales we were involved in when the market went south years ago, we’re often contacted by home buyers looking for a “deal”……meaning a distressed home sale including bank owned homes (REOs) and short sales. Here’s a chart that shows why currently that’s just about impossible. Keep in mind that this is all combined short sales and REOs for all the listed cities in the South Bay.
Want a Good Indicator of the Hermosa Sand Section? Take a Look at 2804 Hermosa Ave
We can’t think of another house that has been on the market and sold in it’s relatively short history more times than 2804 Hermosa Ave. See current listing information below.
The original bungalow was torn down and sold in 2001. A little over a year later the current 4 bed, 4 bath, 3,700+ sq foot Nick Shaar built home (with modifications made over the years) was introduced to the market at $2,349,000 which was certainly a hefty price tag at the time. Over the years it seems to come back on the market over and over and is once again back on. Here’s a brief history of the sales and listings:
11/6/02 – Listed but didn’t sell – Price: $2,349,000
3/13/03 – Listed at $2,299,000
5/28/03 – Sold for $2,204,000
6/24/05 – Listed for $3,650,000
11/4/05 – Sold for $3,440,000
6/22/06 – Listed for $3,350,000
8/11/06 – Sold for $3,265,000
3/22/07 – Listed for $3,635,000
5/15/07 – Sold for $3,500,000
3/30/09 – Listed for $3,400,000 but didn’t sell
7/30/13 – Listed for $3,599,000
10/5/13 – Sold for $3,600,000
3/26/15 – Listed for $4,599,000
8/06/15 – Sold for $4,599,000
10/20/20 – Currently Listed at $4,999,000
2804 Hermosa Ave, Hermosa Beach
Big Sale in Hermosa – Beachfront Home at 3001 The Strand Closes at $14,250,000
After years on and off of the market the beachfront home at 3001 The Streand Hermosa Beach finally closed escrow earlier this month. Originally listed at $22,900,000 in 2016 the home had a number of realtors and a number of price reductions from $22,900,000 to $21,000,000 to $18,950,000 a year ago to $16,900,000 then finally $15,900,000. The home closed on 11/5 for $14,250,000. The home was built in 2007 and featured 5 bedrooms, 6 baths and approximately 5,642 sq feet.
View all of the homes for sale on the Strand in Hermosa and Manhattan Beach
3001 The Strand, Hermosa Beach CA
New Beachfront Listing in Hermosa Hits the Market at 600 The Strand
The already crowded beachfront home market has a new addition and it’s one of the most expensive listings ever to hit the market in 
Hermosa Beach. 600 The Strand is a massive 7,500+ foot corner lot beachfront home with an Italian estate inspiration. The location on a corner walkstreet makes for a much larger outdoor area as it includes city right of way that’s incorporated into the yard. The home offers unblockable views and features 6 bedrooms and 8 bathrooms. The southern sand section location might make for a bit of a challenge in this price range but the corner lot and square footage make it hard to replicate. Contact Hermosa Beach real estate specialist Keith Kyle for more information on this oceanfront home.
View other beachfront homes in Hermosa Beach and Manhattan Beach
600 The Strand – $22,900,000
Listing courtesy of Gillespie Host Group – Vista Sotheby’s International Realty
Happy Thanksgiving
From South Bay realtor Keith Kyle and Vista Sotheby’s International Realty we wanted to wish you and yours a very happy Thanksgiving holiday. Stay safe and enjoy.
Back on the Market – 977 Calle Miramar in the Hollywood Riviera
Their Loss is Your Gain – Back on the Market
977 Calle Miramar in the Hollywood Riviera – Listed at $1,375,000
Welcome to this ultra charming single level home in the beautiful Hollywood Riviera. Meticulously maintained with a bright and open
floorplan the home offers all of it’s original charm while offering upgrades throughout. Located in the heart of the Riviera on a beautiful tree lined street, 977 Calle Miramar offers peek a boo ocean and queens necklace views. The curb appeal is fantastic with grassy front yard hedged in with roses and charming ocean view front porch harkening back to simpler times. Head inside to the bright living room featuring oversized windows for incredible light, breezes and ocean views down the street.
The living room is something straight out of Coastal Living magazine with hardwood floors, beach tones, beautiful built ins all centered around the cozy fireplace. Spacious dining area just beyone leads to the charming kitchen with built in desk ideal for a homework or home office space. 3 spacious bedroom each have their own unique look and feel. Front bedrom offers bay windows and hardwood floors….middle bedroom with direct access to the yard and incredible stone fireplace, rear bedroom offers a roomy layout and overlooks the backyard.
Contact Listing Agent Keith Kyle for More Information
The recent addition of central A/C makes all the difference on hot summer days. Head through the sliders or laundry room to the incredible grassy fenced in backyard with plenty of room for everything out in the sunshine. Rear patio is the perfect entertaining spot. 2 car garage and massive driveway allows for plenty of parking. All of this in the award winning Torrance School District and very close to the shopping and dining area of Riviera Village.
977 Calle Miramar – $1,375,000
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