HERMOSA BEACH, CA – Closing sale on 20 4th St, Hermosa Beach for $4,021,875 in just one month, Matt Tilley wasted no time capturing top dollar for his client with a thorough preparation plan and comprehensive marketing strategy to match. Known throughout the local market as The British Bloke, Tilley’s keen marketing expertise and in-depth understanding of Southern California’s coastal luxury markets consistently place him among the top agents within the First Team Long Beach office and the entire company as a Hall of Fame recipient.
“I hit the ground running fast for my client, handling the entire transaction from day one to close of escrow. We had painters, stagers, photographers, videographers and cleaners all at the house, and I made sure it went off without a hitch. This was the highest price ever paid for a half lot in Hermosa Beach by over $500,000 which brought a smile to my seller’s face,” describes Tilley.
“The home’s décor was upscale but very niche, so I had the home staged and the exterior painted to reach a broader homebuyer pool and maximize price. Everyone in the neighborhood was talking about it and we had three offers – all of which were cash – within 24 hours of our opening weekend open house.”
One of only three walk street half lots on Beach Drive in all of Hermosa Beach, 20 4th St. features a curved modern design, located one house from the sand and The Strand boasting ocean views on multiple levels.
Ideally located just south of the iconic Hermosa Beach Pier, the home was designed by renowned architect Pat Killen, known for bringing his modern, progressive design to the coast. Outfitted with a three-stop elevator, a rooftop deck with views from Palos Verdes to Malibu and 42 feet of prime walk street patio frontage, the home provides a luxurious chance to experience the magic of Hermosa Beach.
In today’s seller’s market defined by limited inventory and intense buyer demand thanks to record low interest rates, homeowners who decide to sell on the open market wield a lot of power. Whether cashing in on home equity to move up to their dream home or planning an early retirement, Tilly explains that the market favors the bold who are willing to go after maximum profits with a smart sale strategy.
“The local real estate market is booming with prices rising 14% in the last two years. I've noticed a lot of buyers moving down from Venice or Santa Monica and there are a lot of cash buyers,” says Tilley. “I’ve spoken with several homeowners who are considering an off-market sale, but in a market like this, where multiple offers are the new norm, selling off-market will only cost you more money in the long run. Homes properly marketed are selling for hundreds of thousands of dollars over asking.”
With the full support of First Team Real Estate including escrow, title, marketing and more, Tilley has continued to grow this business, delivering his clients the top-notch service they deserve. His negotiating skills, relentless work ethic and charming British accent ensure his clients walk away with more money on the real estate market, no matter their price point. For more information on this sale and The British Bloke’s proven sales strategy, visit thebritishbloke.com/ or contact him directly at (323) 350-5770.