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.

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.

A Rise In 360 Home Inventory or Just a Temporary Wave of New Listings?

Housing inventory throughout the South Bay has been down and 360 South Bay has been no exception.  Low inventory has made for a very competitive buying environment and kept prices on the rise.  Rarely has there been more than a few homes for sale in Three Sixty in the past 18 months with most homes selling quickly.  As of 6/5 we’ve seen a big uptick in listings with 7 homes, townhomes and condos for sale in this gated community.  Click below to see the current homes for sale or contact us for more information.

How Do Three Sixty Home Prices Compare with Fusion?

Three Sixty South Bay and Fusion South Bay are two of the premier gated communities in the area.  Both communities are fairly new with 360 generally being built around 2012-2013 and Fusion being built around 2006.  New construction with ammenities that today’s buyers are looking for are very hard to find in a similar price range in the neighboring communities.  Both neighborhoods appealed to buyers that wanted the lifestyle of Manhattan or Redondo but couldn’t afford it.  Although todays buyers seem to be more focused on one or the other, they have long appealed to the same buyers.

View the current homes for sale in Three Sixty and the current homes for sale in Fusion

The charts below show of the basic real estate market information.  It’s not always an apples to apples comparison as 360 offers everything from studio condos to large 4 bedroom “single family” style detached homes.  Fusion on the other hand offers 2 and 3 bedroom townhomes.  If you’re considering either community here are the basics:

Fusion 2018 (as of 4/18/18)
360 South Bay 2018 (as of 4/18/18)
5 homes on the market (2 active)
16 homes on the market
Average  per foot $577.79
Average  per foot $546
Median per foot $588.71
Median per foot $5555
Average price $783,333
Average price $925,813
Median Price $805,000
Median Price $845,000
Highest Sale $815,000
Highest Sale $1,199,000
Lowest Sale $649,000*
*currently active listing
Lowest Sale $698,000
Fusion 2017
360 South Bay 2017
18 homes on the market
65 homes on the market
Average  per foot $553.65
Average  per foot $504
Median per foot $552.70
Median per foot $501
Average price $687,628
Average price $842,485
Median Price $694,950
Median Price $808,000
Highest Sale $814,900
Highest Sale $1,260,000
Lowest Sale $589,000
Lowest Sale $525,000

3 New Three Sixty Listings in One Day?

As of 3/2/18

It seems that the inventory of homes for sale can just never keep up with the demand and based on the recent sale of 12822 Manhattan Court after only 3 days on the market it’s clear that the demand is certainly still there. One thing that might help ease that demand is to have the inventory of new listings pick up a bit and having 3 new listings in 360 on one day might be a good start. Today we saw two new Terrace single family homes come on the market at 5557 Palm and 5125 Pacific Terrace as well as a new 1 bedroom Flats condo at 13021 Central #403.   Contact us if you would like more information or would like to set up a private tour of any of the homes.

2017 Real Estate Recap for Three Sixty South Bay

By Keith Kyle

It was a pretty stellar year for real estate in 360 South Bay with 65 on market home sales. The average sales price was $842,550 with an average list price of $835,500 which says a lot about just how hot the market was last year. Of the 65 home sales 11 were detached single family style “Terrace” homes, 30 townhomes in the Courts, Townes, Row and Garden, 23 single level condos in the Flats and one loft/townhome in the Lofts. See the current homes for sale in 360 South Bay here or contact us about any of the homes below.

Address
Sold Price / List Price
Price Per Foot
Bed/Bath
Sq Feet
Sold Date
SFR/D
5520
Palm DR
$1,200,000 / $1,199,000
$ 495
4/2,0,1,0
2423/A
1/11/2017
CONDO/A
5450
Strand #402
$740,500 / $720,000
$ 490
2/2,0,0,0
1511/B
1/20/2017
CONDO/A
12915
Park PL #301
$685,000 / $689,000
$ 479
2/2,0,0,0
1429/B
1/31/2017
TWNHS/A
12921
Union AV #107
$975,000 / $949,000
$ 476
4/3,0,1,0
2050/A
2/1/2017
CONDO/A
5540
Strand #201
$525,000 / $539,500
$ 590
1/1,0,0,0
890/A
2/17/2017
CONDO/A
5535
Ocean #105
$681,000 / $679,000
$ 516
2/2,0,1,0
1320/A
3/2/2017
CONDO/A
5527
Strand #102
$741,000 / $720,000
$ 477
2/3,0,0,0
1554/B
3/3/2017
CONDO/A
12917
Central AV #302
$750,000 / $729,000
$ 453
2/2,0,0,0
1654/B
3/13/2017
TWNHS/A
13123
Park PL #104
$720,000 / $719,900
$ 558
2/2,0,1,0
1290/B
3/15/2017
SFR/D
5577
Palm DR
$1,130,000 / $1,125,000
$ 563
4/2,0,1,0
2007/A
3/17/2017
TWNHS/A
13130
Park PL #103
$829,000
$ 419
3/3,0,1,0
1980/A
3/24/2017
TWNHS/A
5341
Ocean #102
$820,000 / $825,000
$ 415
3/3,0,1,0
1978/B
3/30/2017
SFR/D
5557
Palm DR
$1,200,000 / $1,195,000
$ 581
3/2,0,1,0
2064/A
4/7/2017
TWNHS/A
5451
Ocean #102
$715,000 / $699,000
$ 490
2/2,0,0,0
1460/A
4/10/2017
TWNHS/A
5565
Ocean #103
$817,000 / $819,000
$ 432
3/3,0,1,0
1890/O
4/13/2017
CONDO/A
13019
Park PL #402
$760,000 / $759,900
$ 491
2/2,0,0,0
1548/B
4/19/2017
TWNHS/A
5550
Boardwalk #104
$755,000 / $759,000
$ 504
2/2,0,0,0
1498/B
4/20/2017
CONDO/A
12922
Union AV #404
$770,000 / $725,000
$ 497
2/2,0,0,0
1548/B
4/20/2017
CONDO/D
5360
Pacific Terrace #103
$975,000
$ 398
3/4,0,0,0
2450/
4/21/2017
CONDO/A
13025
Park PL #201
$565,000 / $559,000
$ 590
1/1,0,0,0
957/B
4/25/2017
CONDO/A
13125
Central AV #401
$775,000 / $739,000
$ 513
2/2,0,0,0
1511/B
4/25/2017
TWNHS
5525
Ocean #103
$845,000 / $825,000
$ 436
3/3,0,1,0
1940/A
5/2/2017
CONDO/D
5245
Pacific Terrace
$1,074,000 / $1,049,000
$ 577
3/3,0,0,0
1861/A
5/8/2017
CONDO/A
12920
Central AV #403
$641,624 / $619,000
$ 485
1/1,0,1,0
1323/B
5/17/2017
TWNHS/A
5433
Ocean #106
$809,000
$ 417
3/2,0,1,0
1940/AP
5/23/2017
CONDO/A
5535
Ocean #102
$845,000 / $849,900
$ 454
3/3,0,1,0
1860/A
5/23/2017
CONDO/A
13019
Park PL #403
$655,000 / $629,000
$ 485
1/1,0,1,0
1350/A
5/25/2017
TWNHS/A
5545
Ocean #105
$731,500 / $715,000
$ 554
2/2,0,1,0
1320/A
6/1/2017
CONDO/A
13028
Central AV #401
$661,888 / $629,000
$ 500
1/1,0,1,0
1323/B
6/28/2017
SFR/D
5243
Pacific Terrace
$1,175,000 / $1,198,000
$ 537
4/3,0,0,0
2187/A
6/30/2017
SFR/D
5231
Pacific Terrace
$1,225,000 / $1,250,000
$ 583
4/3,0,0,0
2100/D
7/5/2017
TWNHS/A
12822
Manhattan CT #103
$849,000
$ 429
3/3,0,1,0
1978/B
7/6/2017
TWNHS/A
5550
Strand #108
$989,000
$ 482
4/1,2,1,0
2050/A
7/6/2017
TWNHS/A
5341
Strand #105
$780,000 / $739,000
$ 531
2/2,0,1,0
1470/A
7/10/2017
TWNHS/A
5545
Ocean #103
$860,000 / $888,000
$ 435
3/3,0,1,0
1978/B
7/18/2017
CONDO/A
13024
Union AV #302
$750,000 / $739,000
$ 453
2/2,0,0,0
1654/B
7/21/2017
CONDO/A
13022
Central AV #402
$825,000 / $775,000
$ 533
2/2,0,0,0
1548/A
7/24/2017
TWNHS/A
5419
Strand #103
$815,000 / $795,000
$ 464
2/2,0,1,0
1758/B
8/4/2017
CONDO/A
5545
Ocean #101
$824,000
$ 453
3/2,0,1,0
1820/A
8/10/2017
CONDO/A
13022
CentralAV #302
$788,000 / $749,000
$ 502
2/2,0,0,0
1570/A
8/15/2017
CONDO/A
12915
Park Place #202
$765,500 / $768,000
$ 494
2/2,0,0,0
1550/A
8/23/2017
CONDO/A
12920
Central AV #303
$735,000 / $724,000
$ 514
2/2,0,0,0
1429/B
8/30/2017
TWNHS
5555
Ocean #102
$865,000 / $850,000
$ 465
3/4,0,0,0
1860/A
8/31/2017
SFR/D
5567
Palm DR
$1,149,000
$ 557
3/2,0,1,0
2064/A
8/31/2017
CONDO/A
13024
Union AV #404
$837,500 / $799,000
$ 541
2/2,0,0,0
1548/B
9/6/2017
CONDO/A
5450
Strand#201
$525,000
$ 590
1/1,0,0,0
890/A
9/11/2017
SFR/D
5566
Palm DR
$1,160,000 / $1,139,000
$ 562
4/3,0,0,0
2064/A
9/13/2017
TWNHS/A
12823
Manhattan CT #106
$770,000 / $759,000
$ 527
2/2,0,1,0
1460/A
10/3/2017
TWNHS/A
5315
Pacific #105
$767,000 / $769,000
$ 522
2/3,0,0,0
1470/A
10/4/2017
TWNHS
12823
Manhattan CT #104
$748,000 / $788,000
$ 512
2/2,0,1,0
1460/
10/10/2017
TWNHS/A
5355
Strand #101
$977,000 / $955,000
$ 455
3/3,0,0,0
2148/AP
10/12/2017
SFR/D
5571
Palm DR
$1,260,000 / $1,275,000
$ 501
4/2,0,1,0
2514/A
10/13/2017
TWNHS/A
5554
Coral DR #106
$840,000 / $829,000
$ 553
3/2,0,1,0
1520/A
10/18/2017
CONDO/A
12920
Central AV #203
$767,000 / $745,000
$ 537
2/2,0,0,0
1429/B
10/24/2017
TWNHS/A
5325
Pacific TE #106
$960,000 / $995,000
$ 447
3/3,0,0,0
2148/S
11/3/2017
CONDO/A
13019
Park PL #203
$765,000 / $749,000
$ 535
2/2,0,0,0
1429/B
11/14/2017
TWNHS/A
12824
City DR #107
$952,000 / $949,000
$ 467
3/3,0,0,0
2040/A
11/14/2017
CONDO/A
13124
Central AV #201
$569,000
$ 595
0/1,0,0,0
957/B
11/21/2017
CONDO/D
5440
Strand #201
$585,000 / $569,000
$ 611
1/1,0,0,0
957/B
11/28/2017
CONDO/D
5580
Palm DR
$1,179,000 / $1,195,000
$ 469
4/2,0,1,0
2514/A
11/29/2017
TWNHS/A
12824
City DR #105
$740,000 / $759,000
$ 507
2/3,0,0,0
1460/A
12/1/2017
CONDO/A
13021
Central AV #401
$678,000
$ 547
1/1,0,1,0
1240/A
12/13/2017
TWNHS/A
5593
Palm DR #104
$955,000 / $979,000
$ 452
4/4,0,0,0
2115/T
12/15/2017
CONDO/A
12824
City DR #104
$808,000 / $769,000
$ 520
2/2,0,1,0
1554/B
12/20/2017
SFR/A
5236
Pacific Terrace
$1,133,000 / $1,149,000
$ 549
4/2,0,1,0
2064/A
12/21/2017

How’s This for a Hot 360 Real Estate Market – 1 Active Listing and 8 Homes in Escrow

By Keith Kyle

There are hot real estate market and then there is 360 South Bay.  With a seemingly endless homebuyer demand for  homes in this gated community and a very limited inventory, the real estate market in 360 South Bay continues to astound.  Currently there is only one active home for sale with 8 homes currently in escrow.  The latest home to go into escrow had multiple offers and eventually had to put a halt to showings the demand was so great.  See below for the active home for sale in 360 as well as the pending home sales.  **Information current as of 11/17/17

Hot Real Estate Market in 360 South Bay – Update April 18, 2017

By Keith Kyle

If there was ever an indication as to just how hot a market is…this is it. We had a wave of new listings, especially in the Courts in the past two weeks.  All but one of the homes is now in escrow despite the brief influx of new homes for sale.  As of 4/18/2017 there 9 homes currently in escrow and only one active home for sale.  That’s fairly incredible.  Even more impressive is that the current average days on market for these pending home sales is a mere 8 days.  If you are considering listing and selling your home in 360 South Bay there has simply never been a better real estate market.

As of 4/18 Type
Address List Price Price per ft Bed/Bath Sq Feet Days on Mrkt
Active SFR/D 5243 Pacific Terrace $1,259,900 $576.09 4/3,0,0,0 2187/A 19
In Escrow CONDO/A 13019 Park PL #402 $759,900 $490.89 2/2,0,0,0 1548/B 37
In Escrow CONDO/A 5535 Ocean #102 $849,900 $456.94 3/3,0,1,0 1860/A 35
In Escrow CONDO/A 13025 Park PL #201 $559,000 $584.12 1/1,0,0,0 957/B 3
In Escrow CONDO/A 12920 Central AV #403 $619,000 $467.88 1/1,0,1,0 1323/B 7
In Escrow TWNHS/A 5545 Ocean #105 $715,000 $541.67 2/2,0,1,0 1320/A 10
In Escrow CONDO/A 12922 Union AV #404 $725,000 $468.35 2/2,0,0,0 1548/B 6
In Escrow CONDO/A 13125 Central AV #401 $739,000 $489.08 2/2,0,0,0 1511/B 6
In Escrow TWNHS/A 5550 Boardwalk #104 $759,000 $506.68 2/2,0,0,0 1498/B 10
In Escrow TWNHS/D 5525 OCEAN #103 $825,000 $425.26 3/3,0,1,0 1940/A 14

Floorplans, Styles and Options for Three Sixty South Bay

With home types and styles for just about everyone the community offers one level condos in The Flats, townhomes and single family homes.

The Flats

The Flats offer eight unique floorplans achieving single-level living at its best ranging from 950+ square-foot studios to two-bedroom condos with over 1660 square feet all enjoying resort amenities including a state of the art gym, sport courts, three pools, a spectacular public/billiard/wine room as well as a dog park.

  • Residence 1  957 Sq. Ft. Studio 1 Bathroom 1-Car Garage
  • Residence 2  1,424 Sq. Ft. 2 Bedrooms 2 Bathrooms 2-Car Tandem Garage
  • Residence 3  1,429 Sq. Ft. 2 Bedrooms 2 Bathrooms 2-Car Tandem Garage
  • Residence 4  1,323 Sq. Ft. 1 Bedroom 1.5 Bathrooms 2-Car Tandem Garage
  • Residence 5  1,654 Sq. Ft. 2 Bedrooms 2 Bathrooms 2-Car Tandem Garage
  • Residence 6  1,662 Sq. Ft. 2 Bedrooms + Retreat 2 Bathrooms 2-Car Tandem Garage
  • Residence 7  1,511 Sq. Ft. 2 Bedrooms 2 Bathrooms 2-Car Tandem Garage
  • Residence 8  1,548 Sq. Ft. 2 Bedrooms 2 Bathrooms 2-Car Tandem or Side-by-Side Garage

The-Court-WideThe Court

The Court offer townhome style homes that feature open kitchens, attached garages, private patio areas, open layouts in smaller 5 or 6 unit buildings. Floorplans range from 2 bedrooms to 3 bedrooms plus a 3rd floor loft with square footage ranging from 1,367 to 1,978. Beautiful architecture and high end finishes make these homes a great option.

  • Residence 1  1367 Sq. Ft. 2 bedrooms 2.5 bathrooms, 2 car garage, 3 levels
  • Residence 2  1,978 Sq Ft 3 bedrooms 3 bath, 2 gar carage, 3 levels
  • Residence 3  1,843 Sq. Ft. 3 bedrooms + loft 2.5 bath 2 car garage, 3 levels
  • Residence 4  1,940 Sq Ft 3 bedrooms + loft 2.5 bath 2 car
    garage, 3 levels

    The Row

    The Row offers townhome style living  that showcases the largest floorplans at Three Sixty.  Three different floorplans offer multi level modern living with large open spaces and the features that you would come to expect from upscale South Bay living.

    These bright and open floorplans enjoy efficient uses of space and include master retreats, gourmet kitchens and large dining rooms, interior laundry and ample storage.

    • Residence 1  1,549 Sq. Ft. 2 Bedrooms 2.5 Bathrooms 2-Car Tandem Garage
    • Residence 2  1,714 Sq. Ft. 2 Bedrooms 2.5 Bathrooms 2-Car Garage
    • Residence 3  2,152 Square Feet 3 Bedrooms 3 Bathrooms 2-Car Garage

    The Townes

    The Townes are newer townhomes offer classic modern architecture and were inspired by historic Los Angeles buildings.  Attached floorplans enjoy smart, efficient use of space and offer expansive windows for bright and open interiors, large bedrooms, 2-car and 2-car bypass garages. An independent living suite in select designs further underscores the homes.

    • Residence 1  1,579 – 1,630 Sq. Ft. 2 Bedrooms 2.5 Bathrooms 2-Car Bypass Garage
    • Residence 2  1,608 – 1,629 Sq. Ft. 3 Bedrooms 2.5 Bathrooms 2-Car Bypass Garage
    • Residence 2X  2,072 – 2,101 Sq. Ft. 4 Bedrooms 3.5 Bathrooms 2-Car Garage
    • Residence 3  1,592 – 1,668 Sq. Ft. 3 Bedrooms 3 Bathrooms 2-Car Garage
    • Residence 3X  1,930 – 2,106 Sq. Ft. 4 Bedrooms 4 Bathrooms 2-Car Garage

    The Terraces

    The Terraces present unique single-family homes unlike anything currently offered in the South Bay, evoking the classic modern architecture of historic LA neighborhoods.  Features that reflect the neighborhood’s embrace of contemporary Los Angeles living include large secondary bedrooms, second-level laundry rooms, flexible bonus rooms and spacious third-level private decks. Private yards offer residents outdoor space to enjoy the beautiful South Bay weather and warm ocean breezes.

    • Residence 1   Approximately. 1,842 Sq. Ft. 3 Bedrooms 2.5 Bathrooms 2-Car Side-By-Side Garage
    • Residence 2  Approximately. 2,047 Sq. Ft. 3 Bedrooms 2.5 Bathrooms 2-Car Side-By-Side Garage
    • Residence 3  Approximately 2,163 Sq. Ft. 4 Bedrooms 2.5 Bathrooms 2-Car Side-By-Side Garage
    • Residence 4  Approximately . 2,456 – 2,508 Sq. Ft. 4 Bedrooms 2.5 Bathrooms 2-Car Side-By-Side Garage
    • Residence 5  Approximately 1,716 Sq. Ft. 2 Bedrooms 3.5 Bathrooms 2-Car Side-By-Side Garage

     

Court Flats

The Year in Review – 360 Home Sales in 2016

By Keith Kyle

2016 was an incredible year in 360 at South Bay with home prices continually on the rise and most listings not lasting long before going into escrow.  There were 39 closed home sales in 2016 in Three Sixty with a median price of just under $745,000.  Compare this with 2015 which saw 47 home sales at a median price of $703,000.  The least expensive home of 2016 was a one bedroom in The Flats selling for $525,000 with the highest sale of the year being a detached 4 bedroom in the Terraces closing at $1,325,000.  Of the 38 home sales the various model/floorplans were:


Address Price Price Per Sq Ft Br/Ba Square Feet Days on Mkt
5540 Strand AV #203 $525,000 $590 1/1,0,0,0 890/A 31/31
13126 Union AV #203 $565,000 $635 1/1,0,0,0 890/A 45/45
12922 Union AV #403 $578,000 $437 1/1,0,1,0 1323/SEE 42/42
13032 Union AV #401 $612,500 $463 1/2,0,0,0 1323/B 02/02/17
5351 Ocean #104 $649,000 $515 2/2,0,1,0 1260/A 23/23
13021 Central AV #302 $660,000 $452 2/2,0,0,0 1460/A 29/29
13024 Union AV #203 $670,000 $469 2/2,0,0,0 1429/B 26/26
5540 Strand AV #202 $680,000 $507 2/2,0,0,0 1340/A 49/49
13032 Union AV #203 $680,000 $476 2/2,0,0,0 1429/B 38/38
13024 Union AV #301 $685,000 $507 2/2,0,0,0 1350/A 53/53
13022 Central AV #201 $688,000 $481 2/2,0,0,0 1429/B 23/89
12825 CITY DR #105 $690,000 $505 2/2,0,1,0 1367/A 21/21
12915 PARK PL #204 $695,000 $448 2/2,0,0,0 1550 23/23
5439 Strand #105 $703,000 $482 2/2,0,1,0 1460/A 12/12/17
5449 Strand #102 $715,000 $460 2/2,0,1,0 1554/B 32/32
13028 Central AV #402 $720,000 $465 2/2,0,0,0 1548/B 06/06/17
13024 Union AV #402 $725,000 $468 2/2,0,0,0 1548/B 04/04/17
13124 Central AV #301 $728,000 $438 2/2,0,0,0 1662/B 06/06/17
5530 Strand #401 $740,000 $490 2/2,0,0,0 1511/D 13/13
5537 Strand #103 $749,500 $437 2/2,0,1,0 1714/B 46/46
5552 Coral DR #107 $770,000 $476 3/1,2,0,0 1616/AP 49/49
5423 Ocean #101 $780,000 $423 3/2,0,1,0 1843/A 35/35
5554 Coral DR #104 $785,000 $510 2/2,0,1,0 1540/A 05/05/17
12921 Mission AV #102 $792,000 $514 2/1,1,1,0 1540/A 01/01/17
13228 Central AV #102 $815,000 $422 3/3,0,1,0 1930/A 11/01/40
13123 Park #101 $829,000 $450 3/2,0,1,0 1843/A 52/52
5593 Palm DR #103 $829,000 $511 3/2,0,1,0 1621/B 11/11/17
13220 Central AV #102 $830,000 $420 3/3,0,1,0 1978/S 44/44
5433 Ocean #102 $835,000 $442 3/3,0,1,0 1890/A 02/02/17
13131 Park PL #103 $837,000 $434 3/4,0,0,0 1930/A 47/47
13123 Park PL #103 $847,500 $439 3/4,0,0,0 1930/A 37/37
5593 Palm DR #109 $849,000 $404 4/3,0,1,0 2100/B 01/01/17
13220 Central AV #103 $849,000 $440 3/3,0,1,0 1930/A 52/52
5439 Strand #101 $850,000 $417 3/3,0,0,0 2040/A 0/0
5547 Strand #106 $852,000 $386 3/3,0,0,0 2210/T 08/08/17
13130 PARK PL #106 $855,000 $462 3/3,0,0,0 1850 08/08/17
5547 Palm DR $869,000 $506 3/3,0,1,0 1719/D 07/07/17
5531 Palm DR $1,325,000 $538 4/2,0,1,0 2463/B 10/10/17

**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