Beach Front Homes Opportunities on The Strand in Hermosa and Manhattan

The very epitome of luxury coastal living in Southern California is The Strand in Manhattan Beach and Hermosa Beach.   These homes have seen values increase dramatically over the last 18 months with homes priced and selling for over $10,000,000 being fairly common.  With the number of homes on The Strand actually decreasing in the past 10 years with lots being combined and multi unit buildings being replaced with larger single family homes, the values look to continue to rise in the future.  Currently there are 5 beachfront homes for sale on The Strand with the homes at 1140 and 2216 The Strand for sale in Manhattan Beach, and 136, 3001 and 2666 The Strand in Hermosa Beach.

Current Beachfront Homes for Sale on The Strand

 

 

Manhattan and Hermosa Oceanfront Home Market Alive and Well

When most people think of the ideal in luxury coastal living in Manhattan Beach and Hermosa, they think of the oceanfront homes of The Strand.  While some fairly original homes still exist, most have long been replaced by spectacular homes with endless views of the beach and the ocean.  The market for these luxury homes has been very active lately with some very notable sales and recent listings.  The high water mark at the moment is the home being built in Hermosa Beach at 2666 The Strand, with an impressive 7000 feet on a very irregular shaped lot with great beach frontage.  The home is listed at  $14,250,000.  The home at 3300 The Strand in Manhattan Beach recently was listed at $11,500,000 and quickly went into escrow.

Oceanfront homes for sale on The Strand of Manhattan Beach and Hermosa Beach

A few notable sales have recently closed as well with 4112 and 4114 The Strand, built primarily as attached townhomes but with the ability to combine the two spaces fairly easily, closed at a combined sales price of $7,175,000 and 2020 The Strand selling at $9,450,000.

Recent oceanfront home sales on the Manhattan and Hermosa Beach Strand

Hermosa Beach Sand Section Real Estate Update

The Hermosa Beach sand section has continued to be an incredibly hot market with inventory low, sales up and prices seeming to rise quickly.  Currently there are 15 active listings with almost all being standard sales as the inventory of foreclosure and short sale listings have almost completely disappeared.

Active listings as of 10/29/12.  For up to date information view our Hermosa Beach sand section listings.

ML# Type   Address  Price  Br/Ba Year Sq Feet
S709685 CONDO/A 447 HERONDO ST #103  $ 525,000 2/2,0,0,0 1978/ASR 1398
P836326 CONDO 320 HERMOSA AV #204  $729,000 2/2,0,0,0 1972/ASR 1049
S12044286 CONDO/A 1300 The Strand #305  $850,000 1/1,0,0,0 1998/ASR 469
V12114260 SFR/D 1635 Palm DR   $950,000 2/0,2,0,0 1920/ASR 1002
S12113824 SFR/A 516 24th ST   $995,000 2/1,0,1,0 1962/ASR 1302
S12124273 SFR/A 421 Gould AV   $1,000,000 3/1,0,0,0 1955/ASR 1018
SB12132957 TWNHS/D 233 Lyndon ST   $1,099,000 3/2,0,1,0 2006/BLD 2000
SB12129991 SFR/D 1617 Hermosa AV   $1,100,000 2/1,1,0,0 1912/ASR 960
12620619 SFR/A 304 MANHATTAN AV   $1,199,000 2/2.00 1948 1496
S12090810 TWNHS/D 836 Bard ST   $1,359,000 4/3,1,0,0 2007/ASR 2120
S12105793 TWNHS/D 842 Bard ST   $1,389,000 4/3,0,1,0 2007/ASR 2120
SB12131835 TWNHS/D 446 Bayview DR   $1,485,000 3/4,0,0,0 1998/ASR 2199
SB12131502 TWNHS/A 900 Manhattan AV   $1,539,000 4/4,0,0,0 2001/ASR 2322
SB12133012 SFR/D 2412 Silverstrand AV   $1,649,000 3/1,2,0,0 1964/ASR 2224
S12072991 SFR/D 3501 Manhattan AV   $1,699,000 3/2,0,0,0 1975/ASR 1903
Y1204492 SFR/D 229 24TH ST   $1,799,000 4/3,0,1,0 1996/ASR 3211
S12114109 SFR/A 18 5th ST   $2,199,000 3/4,0,0,0 2010/SLR 2155
S12075202 SFR/D 2448 Silverstrand AV   $2,689,000 6/4,0,1,0 2001/ASR 4234
S12123796 SFR/D 2240 Monterey BL   $3,100,000 4/2,2,0,0 1991/ASR 4080
S12069957 SFR/D 43 20th ST   $4,395,000 6/5,0,1,0 2002/ASR 3669
S12123299 SFR/D 412 The Strand   $4,875,000 5/2,2,1,0 1929/ASR 3833
S12118481 SFR/D 108 35th ST   $4,950,000 4/2,1,1,0 2013/SLR 4000

Below is a list of the pending home sales in the sand section of Hermosa Beach as of October 29th, 2012.  Currently 13 homes are in escrow with the lowest price being a short sale condominum located beach front at 72 The Strand (priced dramatically too low) and the highest price being a single family home at 718 The Strand (on the corner of 35th and Hermosa Ave) priced at $6,300,000

The chart below shows the closed home sales for the month of October.  Click to view the details, descriptions and photos of the closed home sales in Hermosa Beach by month.

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