Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
2481 Valley Drive
Hermosa Beach, CA 90254
$7,350,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
4913
Property Description
2481 Valley Drive is approximately 2,500 feet from the beach, that’s less than 1,000 steps on the health app! Coming to market with perfect timing for summer this new construction Starr Design Group home erases the lines between indoor and outdoor living. Built by South Bay stalwart Chris Lombardi the home measures out at 4,900+ square feet of living space (BTV). The modern dwelling cascades down its 6,600sf lot, thoughtfully rendered to offer both privacy and entertainment options. This “Hermosa House” is a 3-level home that has 5 bedrooms, 6 bathrooms, office, media room, 2 covered patios, rooftop deck, custom bar, yard, spa and a pool. From the main entrance, you’re greeted by sweeping Southwest views of both the upper and lower levels of the property. The intelligent architectural design of the space ensures that every inch of the home is maximized and that each level flows seamlessly into the next. 10-foot ceilings throughout meet glass walls that glide open to invite in the manicured yard below in while bathing the interior with natural light. The chef’s kitchen boasts an oversized island, top-of-the-line appliances, and a discreet walk-in pantry. Ascend floating stairs to the upper floor and discover the luxurious primary bedroom and bath. Two additional bedrooms both with en suite bathrooms, laundry room and a private rooftop deck where you can do whatever you want while enjoying panoramic views of the Hermosa Valley and it’s gorgeous sunsets. Downstairs the custom “Golden Ratio” bar houses all the desired appliances. Across the hall is a dedicated TV living room, a bedroom perfect for hosting guests and a bonus room that would make a great gym, playroom or office. Enjoy all this house while a mature 12-foot tall privacy hedge ensconces the property enticing you to don your swimwear and jump in the pool. Additional home features: solar, oversized two car garage, three car apron, EV charger, lighting control, 2 outdoor showers, multi-zone air conditioning
Property Information
Lot Size
6,643 sqft square ft
Property Type
Residential
Year Built
2024
MLS Number
SB24037762
Location
Address
2481 Valley Drive
City
Hermosa Beach
State
CA
Zip Code
90254
County
LOS ANGELES (SOUTH BAY)
Listing
Provider
Vista Sotheby's International Realty, original listing
Name
Vista Sotheby's International Realty
Phone
(310) 541-8271
Office Name
Vista Sotheby’s International Realty
Office Phone
(310) 541-8271
Agent Name
Gail Kiely

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.