The record-breaking real estate market in Hermosa Beach, CA, has just witnessed another historic sale. 2666 The Strand, a stunning 7,000-square-foot beachfront residence, was recently sold for an impressive $19.5 million. The property's sale price of $2,786 per square foot reflects the rising prices in Hermosa Beach, which now rival its neighbor, Manhattan Beach.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $19,500,000
• Square Footage: 7,000
• Price per Square Foot: $2,786
• Address: 2666 The Strand
• Market: Hermosa Beach

This significant transaction was facilitated by the buyer's representative, Coby McDonald from Compass, and the seller's representative, Robb Stroyke from Bayside Real Estate Partners. The buyer, a local businessperson, recognized the value of this property and seized the opportunity to invest in it. The sale of 2666 The Strand not only sets a new record for Hermosa Beach but also highlights the growing demand and increasing prices in this prestigious coastal community.