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Hermosa Beach, CA Real Estate News

By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
13 Single family homes sold in Hermosa Beach during the month of June. The high and low home sale prices for this beach city were $3,300,000 for a six bedroom home on Hermosa Avenue, and $633,000 for a two bedroom home on 27th Street. Are sales up? Based on the number of homes sold last year during the same time frame the answer is yes. Sales for single family homes in Hermosa Beach during June 2011 total 10. The increase is not staggering but it is significant and reflects an upward trend. Available inventory remains low in Hermosa Beach as it does throughout the South Bay. If your personal timing indicates it is time to sell your Hermosa Beach home the local housing market is ready to receive fresh inventory with open arms and willing buyers.
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By Susan Murphy
(The Hoffman-Murphy Team - Keller Williams)
The Hoffman Murphy Team wants you to know that getting the right type of home loan is crucial and a very important part of the home buying process. Here, some very basic information about the types of home loans available to you are defined so you may better understand them: Fixed-rate mortgages Fixed rate mortgages are mortgages where the interest rate stays the same for the entire term of the loan. The advantage to a fixed rate mortgage is that if you lock a relatively low rate, your payment won’t go up when rates do. Adjustable-Rate Mortgages With an adjustable rate mortgage, the rate of the loan can change throughout the term of the loan. The rate of the loan is based on adding points to a fixed base. Hybrid loans A hybrid loan combines a fixed period along with an adjustable compo...
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By Susan Murphy
(The Hoffman-Murphy Team - Keller Williams)
Our thanks to Sue, Marie, Daryn and Carol for your great effort in helping us with the sale of our home, and with finding the perfect home in Redondo Beach. We greatly appreciate your help and advice during the complexities of our recent house moves. The task of selling our home and searching for a home were at times somewhat staggering and our ideas felt hard to reach. Your understanding alleviated our stress and helped smooth the bumps along the way. We know we are just one of many customers, but we always felt as if we got priority service! We thank you from the bottom of our hearts for your representation on both ends of our home deals. We know who we will recommend to our relatives and friends when they are thinking of buying or selling a home. Many thanks, The Ho family
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Hills Section (East) real estate and home sales report for Hermosa Beach, CA in May 2012.   Homes for sale: 10 Homes are listed for sale in the Hills/East section priced from $557,800 to $1,549,000. Pending sales: 9 Homes are in escrow priced from $550,000 to $1,199,000. May sales: Seven homes sold in May 2012: Address Sale Price Bed/Bath Sq. Feet. Lot Year Built Days Listed 304 Hopkins Ave. $575,000 2/1 756 3036 1952 106 905 Prospect Ave. $580,000 2/1 780 3117 1948 23 1928 Rhodes St. $730,000 3/2 1235 2447 1968 46 1627 Golden Ave. $770,000 3/1 1089 6107 1950 48 846 15th St. $1,050,000 4/3 2278 5679 1998 0 1236 20th Place $1,245,000 4/4 3100 5000 2004 51 955 8th Place $1,250,000 3/2 2236 4520 2007 35 Homes for sale in the Hills/East part of Hermosa Beach:
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Valley real estate and home sales report for Hermosa Beach, CA in May 2012. Homes for sale: 7 Houses are listed for sale priced from $989,000 to $2,800,000. Pending sales: One home is in escrow at $2,399,000. May sales: No homes sold in May 2012.   Homes for sale in the Valley section of Hermosa:  
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Sands real estate and home sales report for Hermosa Beach, CA in May 2012. Homes for sale: 12 Homes are listed for sale in the Sand area priced from $895,000 to $7,199,000. Pending sales: 12 Houses are in escrow priced from $699,000 to $3,950,000. May sales: Seven homes sold in May 2012: Address Sale Price Bed/Bath Sq. Feet. Lot Year Built Days Listed 1819 Monterey Blvd. $623,000 2/1 660 1290 1924 290 228 28th Ct. $660,000 1/1 520   1924 471 245 30th Place $800,000 2/1 728 1131 1922 200 162 Monterey Blvd. $942,000 3/2 1120 5053 1918 189 21 4th St. $1,772,000 2/2 1200 2849 1958 544 2010 Monterey Blvd. $1,811,500 4/5 3412 3559 1973 258 101 19th St. $2,200,000 4/5 3631 2797 2003 322 Homes for sale in the Sand part of Hermosa Beach:  
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By Susan Murphy
(The Hoffman-Murphy Team - Keller Williams)
  January 12, 2011 Dear Marie and Susan, It is my great pleasure to send sincere appreciation to your and the Hoffman Murphy Team for your generous gifts in 2010 to Children’s Hospital Los Angeles, totaling $1,800! Now more than ever, Children’s Hospital Los Angeles depends on important donations such as yours to continue its work as a world leader in pediatric medicine. Your generous support keeps our hospital on the leading edge of pediatric medicine, enabling us to offer expert diagnosis, treatment, state-of-the-art services, innovative research, and vital educational outreach to our community. Please know that your kind contributions are making a significant difference in the lives of the many children and their families who come to us for their healthcare needs. Children’s Hospital...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Hills Section (East) real estate and home sales report for Hermosa Beach, CA in April 2012. Homes for sale: 10 Homes are listed for sale in the Hills/East section priced from $557,800 to $1,379,000. Pending sales: 6 Houses are in escrow priced from $545,000 to $1,199,000. April sales: Two homes sold in April 2012: Address Sale Price Bed/Bath Sq. Feet. Lot Year Built Days Listed 1257 17th St. $1,060,000 4/3 2100 4289 1976 12 1124 8th St. $1,425,000 5/4 3100 3543 2012 201 Homes for sale in the Hills/East section of Hermosa:
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Valley real estate and home sales report for Hermosa Beach, CA in April 2012. Homes for sale: 3 Houses are listed for sale priced from $989,000 to $1,849,000. Pending sales: 2 Houses are in escrow priced from $849,000 to $2,399,000. April sales: One homes sold in April 2012: 3201 Tennyson Place $1,449,000 3/3 2460 2501 1971 102 Homes for sale in the Valley section of Hermosa Beach:
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Sands real estate and home sales report for Hermosa Beach, CA in April 2012. Homes for sale: 14 Homes are listed for sale in the Sand section of Hermosa priced from $895,000 to $4,999,900. Pending sales: 12 Houses are in escrow priced from $639,000 to $2,295,000. April sales: 5 Homes sold in April 2012: Address Sale Price Bed/Bath Sq. Feet. Lot Year Built Days Listed 428 Palm Dr. $743,000 2/2 1174   1967 253 2434 Manhattan Ave. $1,200,000 2/2     1931 7 924 Loma Dr. $1,230,000 4/3 2754 2309 1955 333 3314 Highland Ave. $1,310,000 3/2 1314 2481 1948 28 218 6th St. $1,330,000 3/4 1512 1207 2007 169 2440 Hermosa Ave. $1,650,000 4/4 2399 2412 1964 87 2123 Hermosa Ave. $2,280,000 4/4 3100 2325 2000 29 225 33rd St. $2,349,000 5/5 3220 2250 1962 37 2222 Hermosa Ave. $2,735,000 6/6 4450 2906 20...
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By Susan Murphy
(The Hoffman-Murphy Team - Keller Williams)
All of us at the Hoffman Murphy Team are glad that it’s that time of year again! The Hermosa Beach Art Walk is back, to bring the appreciation of art to our area once again. Founded in 2002, this event was originally created to promote not only an appreciation of the arts, but an education and love for them as well. Throughout the years, the Hermosa Beach Art Walk has brought our communities together as we learn more about the skills and talents of local artists throughout our area. Featuring works from nearly 100 artists from our communities, the art walk also offers arts & crafts to children, music, and food. This is a non-profit event sponsoring youth art throughout our schools and communities. Hoffman Murphy invites you to come out and enjoy the Hermosa Beach Art Walk on Saturday, ...
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By Tom Bashe
(SCA Real Estate - Call Now)
Lloyd Cullen Real Estate is a local Hermosa Beach Short Sale Realtor. As a Hermosa Beach Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Hermosa Beach Short Sale Realtor to help answer any questions you have in regards to Hermosa Beach Short Sales. Hermosa Beach Short Sale Realtor Lloyd Cullen is a local Hermosa Beach Short Sale Expert with experienced Hermosa Beach Short Sale Agents here to assist you.   Hermosa Beach Short Sale Realtor We specialize in Short Sales for Hermosa Beach and Surrounding Areas Are you currently upside down on your Hermosa Beach mortgage? At Lloyd Cullen Real Estate our Hermosa Beach Short Sale Experts can help. Our proven track record can help with your Hermosa Beach Shor...
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
While we have been buffered a bit from the distressed home market, foreclosures and short sales are still an active part of the Hermosa Beach real estate market.  Not surprisingly foreclosures and short sales in Hermosa Beach over the past 12 months have consisted primarily of condos.  Why is this?  From my experience there are several factors. Starter Homes - In a very high end market such as Manhattan Beach and Hermosa Beach, it is inevitable that many of the homes that eventually find their way to the foreclosure process are considered "starter homes".  Many or most of these homes were attainable during the loose lending days and many were first time home buyers taking out adjustable mortgages or taking loans that were very aggressive compared with traditional standards Moving up - C...
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
While the inventory of available homes has been reduced significantly in the past few months in Hermosa Beach and neighboring Manhattan Beach, the condo inventory appears to be on the rise which is great news for buyers looking for entry level property in Hermosa Beach. MLS#   Address  List Price  Bed/Ba YrBlt Sqft Type F12056233 1300 The Strand #308  $        300,000 0/1.00 1998/ASR 439 SPAY P812654 1300 THE STRAND #201  $        391,500 1/1.00 1998/ASR 439 REO S10044075 1300 The Strand #123  $        449,000 1/1.00 2001 450 STD S10116451 1300 The Strand #106  $        549,000 1/1.00 1998 439 STD S12050247 15 15th ST #22  $        679,000 2/2.00 1969/ASR 840 STD S12011278 446 Monterey BL #L2  $        740,000 3/2.00 1987/ASR 1331 STD S12044286 1300 The Strand #305  $        850,000 1/1...
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
  The real estate market in Hermosa Beach has been incredible with home inventory reaching a low in January 2012, number of home sales up and prices seeming to be on the rise. The month of April saw 15 sold homes in Hermosa Beach with 13 of the sales being over the $1.0M mark which is a great sign. Of the 15 sales none were foreclosures which has also played a role in making for a high median price in the area. This is quickly becoming a sellers market and if you have considered selling your Hermosa Beach home please contact us to see if we can help.As of May 11, 2012 there are currently 66 active homes for sale in Hermosa Beach, up from a low of 45 in February with 39 homes in escrow which is an impressive number. MLS# Type   Address Sales Price Br/Ba Year Sq Ft Days On Mkt S12017449 S...
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By Susan Murphy
(The Hoffman-Murphy Team - Keller Williams)
The Hoffman Murphy Team will be hosting an open house on Saturday, May 5th and Sunday, May 6th from 2:00-4:00 pm in Hermosa Beach East. This 2 bedroom home offers a brick fireplace in the living room, hardwood flooring, beam ceilings and more. Be sure to visit the Hoffman Murphy Team this weekend. This home can be easily located and is not far from Hwy 1. View Larger Map For more information on this or other homes for sale in our area, or if you would like information on selling your home, please contact us at 310-939-9393.
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By Keith Kyle, Top Producing Agent
(Vista Sotheby's International)
Since the beginning of the year, the real estate market in Hermosa Beach has been incredibly active with very low levels of home inventory.  This has greatly impacted the foreclosure market with almost no active foreclosure listings on the market.  In the past few weeks we have seen a slight increase with an average of 5 distressed homes on the market and that has held fairly steady throughout April and into May.  Currently there are 5 distressed homes for sale in Hermosa Beach with 3 bank owned properties, known as REO listings, and 2 short sale listings. 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.co...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
You’ve decided you want to live in one of Los Angeles’ South Bay Beach Cities but which one is right for you? Sometimes the choice is dictated by price (Redondo Beach is the most affordable), sometimes it is dictated by location (Manhattan Beach is closest to Los Angeles International Airport) and other times your heart is set on a beach cottage within walking distance of the sand (Hermosa has retained much of its beach lifestyle charm). If you’re uncertain about which beach city is for you, my best advice is to spend a few hours in each of the cities. Of course you’ll want to walk along the beach and stroll the streets lined with retail shops and restaurants. The flavor of a city is best tasted by observing the activity in the streets. Next on your beach cities assignment list is a dr...
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By Susan Murphy
(The Hoffman-Murphy Team - Keller Williams)
    The Hoffman Murphy Team loves our planet in which all of us live. We want to keep it clean and safe for generations to come, and hope you feel the same. Here are some great tips on how you can give back to our Earth this Earth Day, and every day!   Trade in your plastic bags for reusable tote bags. Plastic shopping bags are one of the top littering agents throughout our area. In California alone, 14 billion plastic shopping bags per year. Many of these bags end up in our ocean, harming sea life and more.   Donate your gently used clothing. Many organizations will accept clothing donations, which assist others in our communities. Be sure to donate your professional attire as well as casual wear – all types of clothing are always appreciated.   Start a compost pile in your backyard. ...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
The lure of the beach can be very strong on a perfect Southern California day. With the sun shining bright, a light coastal wind blowing and the waves rhythmically rolling in and out the setting can be difficult to resist. Except for the parking, it is a heaven-sent scene.   Some people avoid the parking issues and opt to live at the beach, and high-end luxury home sales in Hermosa Beach reflect this ongoing desire to see, smell, feel and hear the Pacific Ocean from the comfort and convenience of your beach abode.   Hermosa Beach single family home sales for March 2012: Five Hermosa Beach residences priced over $2,000,000 sold during the month of March. The sale prices ranged from a low of $2,400,000 to a lofty $12,513,962 sale on The Strand. If you would like to dip your toes in the s...
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