The Beachfront Home at 3001 The Strand Hermosa Goes into Escrow

It’s been a long time on the market and some major price reductions, but the home at 3001 The Strand in the Hermosa Beach north sand section has finally gone into escrow. That’s good news for the crowded beachfront home market in Hermosa and Manhattan.  It seems like we’ve been discussing this home forever and that’s not far off as it’s been on the market off and on since 2016 when it originally was priced at a whopping $22,900,000.  The latest price was $15,900,000 and we’ll keep you posted when the home sells.