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1129 2nd Street, Hermosa Beach, California 90254, Hermosa Beach, 90254 - 3 bed, 4 bath

1129 2nd Street, Hermosa Beach, California 90254 home-pic-0
ACTIVE$2,300,000
1129 2nd Street, Hermosa Beach, California 90254
3Beds
4Baths
2,158Sqft
2,260Lot

Price Vs. Estimate

The estimated value ($1,665,623.98) is $634,376.02 (27%) lower than the list price ($2,300,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Hermosa View Elementary School (10/10).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2260, living area = 2158.

Compared to the nearby listings

Price:$2.30M vs avg $2.67M ($-375,000)44%
Size:2,158 sqft vs avg 2,430 sqft37%
Price/sqft:$1.1K vs avg $1.3K32%

More Insights

Built in 1992 (33 years old).
Condition: Despite being built in 1992, the listing explicitly states the property has been 'extensively renovated with elevated finishes.' The description highlights a modern 'chef's kitchen' with stainless steel appliances and 'private spa-like bathrooms,' indicating a recent, high-quality overhaul that brings the property to current standards. It is described as a 'move-in ready retreat,' aligning with the 'Excellent' criteria for a recently and fully renovated property with virtually new components and no deferred maintenance.
Year Built
1992
Close
-
List price
$2.3M
Original List price
$2.6M
Price/Sqft
$1,066
HOA
-
Days on market
-
Sold On
-
MLS number
25491509
Home ConditionExcellent
Features
Excellent View: Catalina, Ocean, Panoramic
Deck
Patio
ViewCatalina, Ocean, Panoramic

About this home

Perched on a quiet one way street on the hill in Hermosa Beach is this stunning 3 bed, 3.5 bath residence with panoramic ocean views. An abundance of sunlight is welcomed in throughout this bright, nearly 3,000 SqFt, residence that has been extensively renovated with elevated finishes. Grand windows and a stone fireplace are the focal points of the expansive living room that seamlessly flows into the chef's kitchen that is complete with stainless steel appliances, an abundance of counter space and charming breakfast nook. All three bedrooms are generous in size and offer private spa-like bathrooms. Two balconies and a sweeping roof deck seamlessly incorporate indoor-outdoor living and showcase breathtaking views of the Santa Monica Bay. On the lower level there is a two car garage and a considerable finished space that could be perfect for a home theatre, gym, or an office. A paved size yard with a basketball hoop completes this move-in ready retreat just minutes away from dining, shops, and entertainment in Hermosa Beach.

Nearby schools

8/10
Jefferson Elementary School
Public,•K-5•0.4mi
8/10
Beryl Heights Elementary School
Public,•K-5•0.4mi
10/10
Hermosa View Elementary School
Public,•K-3•0.8mi
8/10
Hermosa Valley Elementary School
Public,•4-8•0.8mi
8/10
Parras (Nick G.) Middle School
Public,•6-8•1.0mi
8/10
Redondo Union High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
02/28/17
Sold
$1,440,000
Condition Rating
Excellent
Despite being built in 1992, the listing explicitly states the property has been 'extensively renovated with elevated finishes.' The description highlights a modern 'chef's kitchen' with stainless steel appliances and 'private spa-like bathrooms,' indicating a recent, high-quality overhaul that brings the property to current standards. It is described as a 'move-in ready retreat,' aligning with the 'Excellent' criteria for a recently and fully renovated property with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10).
Panoramic Ocean Views: The property offers stunning panoramic ocean views, including Catalina Island and Santa Monica Bay, from multiple vantage points and a sweeping roof deck.
Extensive Renovation & Elevated Finishes: Recently and extensively renovated with high-quality, elevated finishes, presenting a modern and move-in ready condition.
Prime Coastal Location: Situated on a quiet street in desirable Hermosa Beach, offering convenient access to local dining, shops, and entertainment.
Versatile Living Spaces: Features an expansive living room and a considerable finished lower-level space adaptable for a home theater, gym, or office, enhancing functionality.
Seamless Indoor-Outdoor Living: Multiple balconies and a sweeping roof deck facilitate excellent indoor-outdoor living, maximizing enjoyment of the coastal environment.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2260, living area = 2158.
Significant Overpricing Relative to Market Estimation: The current list price of $2.3M is substantially higher than the property's estimated value of approximately $1.66M, indicating potential overpricing.
Square Footage Discrepancy: A notable difference exists between the 'nearly 3,000 SqFt' mentioned in the description and the 2,158 SqFt stated in the official data, which could lead to buyer confusion or perceived misrepresentation.
Extended Market Time & Price Reduction: The property has been on the market for over two months and has already undergone a significant price reduction from its original list price, suggesting challenges in attracting offers at its current valuation.

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