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$2,165,000

Beds
4
Baths
3.25
sq ft
2,485

711 1st Pl, Hermosa Beach, CA 90254

711 1st Pl

Hermosa Beach, CA 90254

  • 51 days on market
    • Price drop $30,000↓
    • Open house Apr 05
REAR UNIT! Welcome to this beautifully updated beach home conveniently positioned west of Pacific Coast Highway in the heart of Hermosa Beach, offering four bedrooms, four baths and over 2,480 square feet of thoughtfully designed livable space. Enter the spacious top-floor living area, where partial ocean and sunset views set the scene. Enjoy the warmth of a cozy fireplace, rich wood flooring and multiple seating areas that flow seamlessly into the dining space and gourmet kitchen. The kitchen is a chef’s dream, featuring granite countertops, an island and newer appliances. From this level, a staircase leads to the private rooftop deck, where you can entertain or unwind while taking in the expansive coastal views. The second floor features a generously sized primary suite with a private balcony, a walk-in closet and an ensuite bath with a jacuzzi tub. Two additional bedrooms and a shared bath complete this level. A fourth bedroom and additional bath are located on the first floor, offering flexibility for guests, a home office or a gym. The private backyard is conveniently accessed from the staircase landing between the first and second floors, creating an effortless indoor-outdoor flow. Additional Highlights: Newer A/C unit for year-round comfort. Elegant marble flooring in the entrance area, hallways and stairways. Built in 2002 with recent updates for modern convenience. Just half a mile to the beach and one mile to Hermosa Beach Pier’s top dining and shopping. Close to Hermosa Valley School and South Park.

Details

Property type

Townhouse

Est. home value

$2,226,827

Lot size

4,612 sq ft

Price per sq ft

$872

Year built

2002

Monthly HOA fee

$355

Price History

04/03/2025
CRMLS

CRMLS #SB25032883

Price change
$2,165,000
-1.37%
03/13/2025
CRMLS

CRMLS #SB25032883

Price change
$2,195,000
-2.44%
02/13/2025
CRMLS

CRMLS #SB25032883

Listed
$2,250,000
+20.64%

Schools & Community

Elementary school: 

Hermosa

Middle school: 

Hermosa

High school: 

Mira Cos

Community features: 

Curbs

High school district: 

Manhattan Unified

Number of units in community: 

2

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$483,081
Asking price
$2,165,000
Closing costs (~8% of asking)
-$173,200
Est. remaining loan balance
-$1,508,719
Cash to seller
$483,081

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

February 2021

Original loan amount

$1,665,000

Est. remaining balance

$1,508,719

Interest rate

2.67%

Loan type

VA, 30 year

Seller

Rebecca Mcgilley and Caitlin Mcgilley

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/04/2025 at 9:20 PM

Listing updated: 04/04/2025 at 10:30 AM

Listed by: Julia Lipan, Coldwell Banker Realty Phone #: (310) 802-5700

MLS: CRMLS #SB25032883

CRMLS logo

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