415 30th st. Hermosa Beach, CA 90254
Listed by Lissett Evanzia of GMAC Realty.  Last listed at $1,799,900 has been in escrow for a while and is now a closed sale at $1,650,000!

This home was built in 2005 by Nick Schaar, a 4 bedroom 3.5 bathroom single family home in a nice neighborhood.
The house was about 2,827 square feet with a roof top deck and a 2 car garage.  The house was nicely built but was a very challenging floorplan.  There are 3 levels, the top level is an open kitchen an living room, middle level is Master suite and garage, and lower level (basement, all underground) are 3 additional bedrooms.  So the kids live in the dark dingy basement, this had a huge effect on its value.

This home sold brand new in 2006 for 2,058,000, now sold for $1,650,000…that equals about a 20% drop,  this is about the drop that the beach area has been seeing from the peak.

 1631 Stanford Redondo Beach, CA     listed by Kathleen Cartier Shorewood Realtors
Listed at $499,000…currently has 31 offers on it!!!! thats right 31 offers!

We had a buyer write an offer for significantly over the asking price and my buyers are not going to get it.  There are at least 4 or 5 offers better than ours.   Not sure what it is going to be sold at but it will be significantly over the asking price!

The house was in a great location, on an over sized lot for the neighborhood, but a pretty small house.  The listing agent intentionally priced it this low to get significant activity and she got what she asked for!  I personally feel that she could have price this house $50,000 higher and still got many offers with the same ending price.

DESCRIPTION OF HOUSE:
Located on an over sized lot (approx. 3,750sqft), this charming 2 bedroom, 1 bath single family home is an incredible ‘Golden Hills’ opportunity for your first time buyer. Originally a 3 bedroom home, seller states it was remodeled and converted to a 2 bedroom in 2001, creating an open, great room floor plan, perfect for today’s contemporary lifestyle requirements. Both kitchen and bath were professionally designed. The spacious kitchen has stainless steel appliances, custom tile work, and loads of counter space. The full bath has custom tile work and designer fixtures. Large master bedroom has french doors that open to a lovely, west facing, private backyard with grass and wood deck areas. Central forced air heating & A/C, hardwood floors, custom closet built-ins, and more!! Terrific family neighborhood close to beach, shopping, and restaurants. Definitely not a drive-by – must see to appreciate!! Don’t miss out – this one will not last!!!!!!!!

Lorie O’Connor and Dan O’Connor 1980!