Do Schools Make a Difference for 360 South Bay Home Buyers?

It’s no real secret that good schools help drive real estate values in certain neighborhoods and communities.  Buyers with kids want to be in areas with good schools and that higher demand helps keep values up.  Even those without kids greatly benefit from a strong school system.  The stronger the schools the more insulated a market is from any downturns.

This couldn’t be more clear than in 360 and the Hollyglen/Del Aire area of Hawthorne.  Values are considerably higher for homes in the Wiseburn School District…..even homes that are directly across the street.

With the construction of a high school in the Wiseburn District, the appeal for homes in the area has only increased.

A recent CAR study showed that 47% of home buyers said good schools were very importan, 23% said that they were somewhat important, 11% said not very important and 19% said that it was not important at all.

The 19% may not realize just how much of an influence schools play on values and demand.  Good elementary schools are often part of a good community and without question most buyers would like to live in a good community.

The Wiseburn School District is highly ranked and that creates a very high demand, especially for families thinking of living in this coastal community.

The study also conclued that 43% of consumers age 34 or under believe highly rated schools are very important.  58% of consumers earning more than $100,000 a year think that highly rated schools are very important.

Finally Some Housing Inventory in Three Sixty South Bay

It’s been pretty slowgoing with new listings for sale in the gated community of 360 South Bay with only a trickle of homes on the market. Those homes have generally sold pretty quickly in the past few months although there are indications that the real estate market may be cooling.

Recently there have been a few new homes for sale and a few are fairly unique. One of the recent listings was a 1 bedroom loft style home in The Lofts at 5550 Boardwalk # 102, which quickly went into escrow. We are aware that another similar unit will soon hit the market as well.

As of this post on 11/28 there are 3 active homes for sale in 360 and we are aware of three upcoming or off market listings in the community as well. If you are looking to buy in the community now may be a good time to buy with a variety of homes available and interest rate rises on the horizon.

Rare 1 Bedroom in The Lofts for Sale at 5550 Boardwalk # 102

*Update this home is currently in escrow.

As there is only one building that makes up the “Lofts” in Three Sixty and the very unique floorplans this style offers, it’s rare that homes become available in this building.

Recently 5550 Boardwalk # 102 hit the market at a price of $695,000.  This is a 1 bedroom (loft style) 1 1/2 bath home with approximately 1,135 square feet.  As this, along with all of 360, was built in the past 10 years the places have all of the features and finishes expected of new construction.  5550 Boardwalk # 102 offers hardwood floors, great light, stainless appliances and a nice open feel.  Contact us if you are looking for something similar as we are aware of another unit that will be hitting the market.

The Rare Unit in the Lofts for Sale – 5550 Boardwalk Unit#102

As there is only one building in the “Lofts” it’s extremely rare that one comes on the market.  New to the market is 5550 Boardwalk #102This one bedroom, 2 bath condo with approximately 1,135 square feet offers a layout unlike anything else in 360 South Bay.  The home is priced at $695,000 and listed with Larry Lentz of West Shores Realty.

  • $695,000
  • 1 bedroom/2 bath
  • 1,135 sq feet (approx)
  • HOA $454 month

Three Sixty South Bay offers a great community feel with resort like ammenities including multiple pools, spas, several park areas, dog park, state of the art fitness center and incredible community rooms.

Please contact us for more information or to schedule a private showing.

Keith Kyle
360 Specialist

 

Keith@KeithKyleHomes.com
310.251.2344

Is 360 The Right Neighborhood for You?

Just as every community is different…..every home buyer is different as well.  A recent survey provided some insight into California home buyers.

Here’s some of what home buyers look for when choosing a neighborhood.

  • 25% wanted a home close to friends and family
  • 24% wanted a short commute
  • 20% wanted homes in a specific school district

See the chart below for some other important details when choosing a neighborhood.

Congratulations to our latest home buyers and your new neighbors!

We’re proud to announce our recent sale of 12915 Park #303 in the Flats. This was a beautiful plan 3 in The Flats with 1,429 square feet, 2 bedrooms, 2 full baths, private balcony and more. This home featured beautiful hard wood floors and an upgraded kitchen. Thank you to our wonderful clients for putting their trust in us. The home was listed at $790,000 by Martin Mania of Agency one and sold for $775,000.  See the recent home sales in 360

12915 Park #303

And Then There Was One….Only One Active Listing in 360*

*as of August 13, 2018

While we saw a recent uptick in homes coming on the market in 360 at the beginning of summer, and even saw a few homes sit for a few weeks….that didn’t last long. As of 8/13 there is now only one active listing in all of Three Sixty. Current only 5254 Pacific Terrace is available with 6 homes current under contract and in escrow. 5254 Pacific Terrace is a residence 1 floorplan in the detached “Terraces” offering 3 bedrooms, 2 1/2 bath, almost 1,850 square feet. The home is currently priced at $1,129,000 and as of 8/13 has been on the market for 38 days.

Never miss a new listing with our FREE 360 email listing alerts

Information courtesy of Holly Danna of Douglas Elliman.

Our Latest Sale – 5449 Strand #102

We are so happy for our clients* on the successful escrow and close on their new home at 5449 Strand. This was a beautiful residence 1 floorplan in The Row offering almost 1550 square feet with 2 bedrooms and 2 1/2 baths. Congratulations and welcome to this wonderful community.


*represented the buyer

May and June 2018 Home Sales in 360 South Bay

May and June of 2018 saw some strong home sales in Three Sixty South Bay, one of the South Bay’s premier gated communities. Home prices continued to rise and current home values are continuing to increase. Visit our list of current homes for sale in 360 South Bay to see what is currently on the market.

13029 Central Av # 201

  • Condominium in the Flats
  • List / Sold: $795,000 / $795,000
  • 6 days on the market • Sold On 06/19/2018
  • 2 beds, 2 baths • 1,429 sqft • 14,208 sqft lot • $556.33/sqft
  • ML# SB18108570
  • Listed by Sue Murphy – Keller Williams Beach Cities

5325 Pacific # 103

  • Townhome in the Row
  • List / Sold: $865,000 / $860,000
  • 19 days on the market • Sold On 06/26/2018
  • 2 beds, 3 baths • 1,720 sqft •  $500.00/sqft
  • ML# SR18101597
  • Listed by Sales Realty & Investment Group

12921 Union Av # 104

  • Townhome in The Townes
  • List / Sold: $870,000 / $885,000
  • 5 days on the market • Sold On 05/09/2018
  • 3 beds, 3 baths • 1,490 sqft •  $593.96/sqft
  • ML# SB18084768
  • Listed by Holly Danna – Douglas Elliman of California, Inc.

5593 Palm Dr # 107

  • Townhouse in The Townes
  • List / Sold: $859,000 / $893,000
  • 0 days on the market • Sold On 05/18/2018
  • 3 beds, 3 baths • 1,668 sqft • $535.37/sqft •
  • ML# SB18080137
  • Listed by Derek Hirano – Coldwell Banker

 

5565 OCEAN # 103

  • Townhouse in the Courts
  • List / Sold: $899,000 / $899,000
  • 7 days on the market • Sold On 05/02/2018
  • 3 beds, 4 baths • 1,860 sqft  • $483.33/sqft
  • ML# 18320494
  • Listed by Barbara Anne McNeill – Keller Williams Beach Cities

13127 Union Av # 105

  • Townhouse in the Townes
  • List / Sold: $909,000 / $899,000
  • 116 days on the market • Sold On 05/22/2018
  • 4 beds, 4 baths • 1,978 sqft •  $454.50/sqft
  • ML# SR17250567
  • Listed by Jan Neiman – Neiman Realty

5234 Pacific Terrace

 

  • Single Family Residence
  • List / Sold: $1,140,000 / $1,145,000
  • 10 days on the market • Sold On 05/02/2018
  • 3 beds, 3 baths • 1,861 sqft • $615.26/sqft
  • ML# PW18062352
  • Listed by Young Kim – Landmark Realty

5577 Palm Dr

  • Single Family Residence in the Terraces
  • List / Sold: $1,225,000 / $1,200,000
  • 41 days on the market • Sold On 05/30/2018
  • 4 beds, 3 baths • 2,007 sqft • $597.91/sqft
  • ML# SB18048547
  • Listed by Charles Fisher – Re/Max Estate Properties

360 Home Sales for May and June of 2018

Record prices, high demand and low inventory continued the trend in 360 South Bay for May and June of 2018.  See below for the homes sold in May and June.  Three Sixty at South Bay is a beautiful gated community in the Hollyglen neighborhood of Hawthorne and is serviced by the award winning Wiseburn School District.  Ideally located it’s a great option for those wanting to enjoy the slower paced South Bay lifestyle but at a lower price and a bit closer to LA for commuters.  Click here to see the current homes for sale in 360.

**Please note that we have no official affiliation with Three Sixty at South Bay. Our site is designed to help provide real estate information on this and other communities.

Keith Kyle – Realtor – DRE#01712785