718 The Strand Hermosa Beach, CA 90254

$6,363,000 Sold Price as of 02/22/2019

3 Beds
4 Baths
3,081 Sq.Ft.

Off Market

$6,363,000 Sold Price as of 02/22/2019 Refinance Your Mortgage

Map preview of 718 The Strand, Hermosa Beach, CA 90254

Property Overview: 718 The Strand Hermosa Beach, CA has 3 bedrooms, 4 bathrooms, 3,081 living square feet and 2,397 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

718 The Strand is currently an off market home in the city of Hermosa Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Hermosa Beach has a median list price of $2,895,000. The median price per/sqft for Hermosa Beach is $1,350. With those numbers in mind, if you are looking to purchase a median priced home in Hermosa Beach, CA and put 20% down you will need to save up $579,000 for the down payment and will need roughly $57,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Hermosa Beach the commission could be as much as $112,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 718 The Strand

Last sold for $6,363,000 on February 26th, 2019

February, 2019
Feb 26, 2019

Date

Sold

CRMLS: 18393866

$6,363,000

Price
Feb 16, 2019

Date

Pending

CRMLS: 18393866

$6,995,000

Price
Jan 31, 2019

Date

Active Under Contract

CRMLS: 18393866

$6,995,000

Price
Oct 8, 2018

Date

Active

CRMLS: 18393866

$6,995,000

Price
Listing provided courtesy of CRMLS

Located on The Strand in picturesque Hermosa Beach, this contemporary three-level home offers the very best of beachside living. The 3000+ sq ft, 3 bed, 4 bath home features sleek concrete, glass, and steel design that enables the home to fill with natural light on every level. An elegant main level offers a large chef's kitchen perfect for hosting large groups. The luxurious top-floor master suite has a fireplace, large walk-in closet, office area, private balcony, and spa-like bathroom with double showers and a steam room. A first level guest bedroom is used as a theatre and provides space for an extended family room. Formal dining and living rooms accompany the large beach level patio that is steps away from the sand. The home is wired for sound and a home theater. Just minutes from the Pier, village shops, and restaurants, this beachfront location has it all.

Continue Reading
February, 2019
Feb 22, 2019

Date

Sold (Public Records)

Public Records

$6,363,000

Price
August, 1996
Aug 7, 1996

Date

Sold (Public Records)

Public Records

$575,000

Price

Tax History for 718 The Strand

Assessed Value (2020): $6,490,260

Year	Land Value	Improved Value	Assessed Value
2020	$6,286,260	$204,000	$6,490,260

About 718 The Strand

Detailed summary of property

718 The Strand is a single family home in Hermosa Beach, CA 90254 and last sold on February 22, 2019 for $6,363,000. This house has 3 bedrooms, 4 bathrooms, roughly 3,081 living square feet, and sits on an approximately 2,397 square foot lot. Homes in Hermosa Beach are selling for a median price of $2,250,000 and a median price per square foot of $1,346. Based on Ardent Real Estate Group's Hermosa Beach Market Data, this home is sold 182.8% higher than the current median priced home. 718 The Strand was last sold on February 22, 2019 for $6,363,000. Local nearby listings include 8112 Airlane Ave, 8005 Airlane Ave and 8207 Osage Ave. The average home in Hermosa Beach, CA is selling in 84 days. There are currently 47 homes for sale in the Hermosa Beach real estate market and 32 of them are single family homes while 8 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 718 The Strand Hermosa Beach, CA 90254 contact Ardent Real Estate Group and we will put you in touch with one of our Hermosa Beach agents.

Public Facts for 718 The Strand

Public county record property details

Beds: 3
Baths: 4
Year built: 1999
Sq. Ft.: 3,081
Lot Size: 2,397
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 3
APN: 4187-015-025

The source for these homes facts are from public records.

90254 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,895,000

Median List Price/Sq.Ft.

$1,350

Median Sold Price

$2,250,000

Median Sold Price/Sq.Ft.

$1,346

Total Inventory

Median Sale to List Price %

97.87%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (38.89%), Other (38.89%)

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