2018 Year in Review – 360 South Bay Real Estate Recap

January 9, 2019 by

What a year it was in 360 South Bay.  Prices continued to skyrocket, demand never seemed to ease, and the real estate market in this gated community just keeps getting stronger.  Overall there were 45 on market home sales with an average sales price of just under $913,000 while the average list price was $900,000….meaning the norm in the community was for homes to sell over their list price….which was pretty astounding.

View the current homes for sale in 360.

The lowest price sale of the year was $572,000 for an 890 foot studio in The Flats.  The high price of the year was $1,300,000 for a 4 bedroom single family style home in the Terraces.  The median price per foot was $548.

2018 Home Sales in 360 South Bay

Prop
Type		   Address Close Price – List
Price
Price per Footoot
Bed/Baths
Sq Feet
Close Date
CONDO 13125 Central Ave #203 $572,000 –  $585,000
$642.70
0/1,0,0,0
890/
10/5/2018
SFR/A 5550 Boardwalk #102 $690,000 –  $695,000
$607.93
1/1,0,1,0
1135/P
11/30/2018
TWNHS/A 12920 Central AVE #403 $690,000 –  $695,000
$521.54
1/1,0,1,0
1323/B
11/20/2018
CONDO/A 13021 Central AVE #403 $698,000
$527.59
1/1,0,1,0
1323/B
4/10/2018
CONDO/A 12915 Park PL #303 $775,000 –  $790,000
$542.34
2/2,0,0,0
1429/B
11/6/2018
CONDO/A 13029 Central AVE #301 $780,000 –  $785,000
$545.84
2/2,0,0,0
1429/B
7/17/2018
CONDO/A 13028 Central AVE #201 $785,000 –  $779,000
$549.34
2/2,0,0,0
1429/B
7/23/2018
CONDO/A 12822 Manhattan Court #104 $785,000
$574.25
2/2,0,1,0
1367/B
3/28/2018
CONDO/A 13022 Central AVE #301 $795,000
$556.33
2/2,0,0,0
1429/B
10/13/2018
CONDO/A 13029 Central AVE #201 $795,000
$556.33
2/2,0,0,0
1429/B
6/19/2018
CONDO/A 5331 Ocean #104 $810,000 –  $780,000
$592.54
2/2,0,1,0
1367/P
4/12/2018
CONDO/A 12922 Union AVE #402 $810,000 –  $799,000
$511.36
2/2,0,0,0
1584/B
8/17/2018
TWNHS/A 12823 Manhattan CT #105 $815,000 –  $805,000
$524.45
2/2,0,1,0
1554/B
10/25/2018
CONDO/A 5547 Strand #104 $820,000 –  $815,000
$527.67
2/2,0,1,0
1554/B
9/13/2018
TWNHS/A 5449 Strand #102 $825,000 –  $815,000
$530.89
2/2,0,1,0
1554/B
8/10/2018
TWNHS/A 12822 Manhattan CT #105 $825,000
$603.51
2/2,0,1,0
1367/B
7/20/2018
TWNHS/A 5321 Ocean #105 $827,500 –  $809,000
$605.34
2/2,0,1,0
1367/O
9/24/2018
CONDO/A 12917 Central AVE #402 $830,000 –  $795,000
$536.18
2/2,0,0,0
1548/B
2/7/2018
TWNHS/A 5355 Strand #103 $845,000 –  $780,000
$502.98
2/2,0,1,0
1680/A
3/1/2018
CONDO/A 5325 Pacific #103 $860,000 –  $865,000
$500.00
2/3,0,0,0
1720/AP
6/26/2018
TWNHS/A 5547 Strand #105 $868,686 –  $839,000
$506.82
2/2,0,1,0
1714/B
7/6/2018
TWNHS/A 5331 Ocean #106 $870,000 –  $849,000
$447.99
3/2,0,1,0
1942/B
4/16/2018
TWNHS/A 5560 Boardwalk #102 $871,000 –  $829,000
$539.65
3/3,0,0,0
1614/B
4/20/2018
CONDO/A 13127 Union AVE #104 $880,000 –  $845,000
$539.88
2/1,1,1,0
1630/P
9/13/2018
TWNHS/A 5527 Strand #103 $880,001 –  $859,995
$500.57
2/2,0,1,0
1758/B
8/22/2018
CONDO/A 12921 Union AVE #104 $885,000 –  $870,000
$593.96
3/3,0,0,0
1490/A
5/9/2018
CONDO/A 13024 Union AVE #404 $885,000
$571.71
2/2,0,0,0
1548/P
9/7/2018
CONDO/A 5440 Strand #401 $890,000 –  $839,000
$582.46
2/2,0,0,0
1528/P
10/19/2018
TWNHS/A 13127 Union AVE #106 $890,000 –  $869,000
$553.48
3/2,0,1,0
1608/B
7/9/2018
TWNHS/A 5593 Palm DR #107 $893,000 –  $859,000
$535.37
3/3,0,0,0
1668/B
5/18/2018
TWNHS 5565 OCEAN #103 $899,000
$483.33
3/3,0,1,0
1860/
5/2/2018
TWNHS/A 13127 Union AVE #105 $899,000 –  $909,000
$454.50
4/4,0,0,0
1978/O
5/22/2018
CONDO/A 13228 Central AVE #101 $925,000 –  $895,000
$501.90
3/2,0,1,0
1843/B
7/13/2018
TWNHS/A 5552 Coral DR #108 $1,051,000 –  $1,029,000
$507.24
4/4,0,0,0
2072/B
12/18/2018
TWNHS/D 5517 Palm DR $1,075,000 –  $1,049,000
$627.92
3/3,0,1,0
1712/A
7/19/2018
CONDO 5419 STRAND #101 $1,116,101 –  $1,149,900
$539.18
3/3,0,0,0
2070/A
11/27/2018
CONDO/D 5224 Pacific Terrace $1,134,000 –  $1,129,000
$609.35
3/2,0,1,0
1861/P
2/15/2018
TWNHS/D 5125 Pacific Terrace $1,145,000 –  $1,139,000
$615.26
3/2,0,1,0
1861/P
8/1/2018
SFR/D 5234 Pacific Terrace $1,145,000 –  $1,140,000
$615.26
3/2,0,1,0
1861/A
5/2/2018
SFR/A 5246 Pacific Terrace $1,160,000 –  $1,179,000
$562.02
4/2,0,1,0
2064/A
2/21/2018
SFR/D 5556 Palm DR $1,170,000 –  $1,195,000
$566.86
3/2,0,1,0
2064/A
7/17/2018
SFR/D 5233 Pacific Terrace $1,199,000
$548.24
4/2,0,1,0
2187/A
4/10/2018
SFR/D 5577 Palm DR $1,200,000 –  $1,225,000
$597.91
4/1,1,1,0
2007/A
5/30/2018
TWNHS/A 12921 Union AVE #101 $1,206,000 –  $1,234,500
$572.65
4/4,0,0,0
2106/B
7/31/2018
SFR/D 5222 Pacific Terrace $1,300,000 –  $1,100,000
$594.42
4/2,0,1,0
2187/
8/31/2018
Filed Under: Homes for sale, real estate market, The Flats, The Terraces, Three Sixty at South Bay Tagged With: , , , ,

Is the Market Changing? 6 Homes for Sale in 360 South Bay

December 13, 2018 by

By Keith Kyle

It’s too early to tell if it’s just a cooincidence that home inventory in 360 is on the rise, or if the market is changing a bit, but either way it should benefit home buyers in this gated community.  In past years it was the norm to see a slow down in December around the holidays but that hasn’t been the case in the past few years.

6 homes on the market!

As of 12/12 there are now 6 active homes for sale in Three Sixty which hasn’t been the case all year long.  The current homes for sale also range in prices and floorplans with a number of condos in “The Flats”, several townhomes and a detached single family “Terrace” home.

Filed Under: Homes for sale, The Court, The Flats, The Lofts, The Row, The Terraces, Three Sixty at South Bay

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

November 28, 2018 by

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.

Filed Under: Community Events, Hollyglen Schools, Three Sixty at South Bay, Wiseburn School District Tagged With: , , ,

Finally Some Housing Inventory in Three Sixty South Bay

November 28, 2018 by

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.

Filed Under: Homes for sale, real estate market, The Lofts, Three Sixty at South Bay Tagged With: , , , ,

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

November 28, 2018 by

*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.

Filed Under: real estate market, The Lofts, Three Sixty at South Bay Tagged With: , , , , ,

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

November 9, 2018 by

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 #102.  This 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

Filed Under: Homes for sale, real estate market, The Lofts

Is 360 The Right Neighborhood for You?

November 7, 2018 by

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.

Filed Under: Community amenities, Schools, Three Sixty at South Bay Tagged With: ,

Congratulations to our latest home buyers and your new neighbors!

November 7, 2018 by

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

Filed Under: Homes for sale, The Flats

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

August 13, 2018 by

*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.

Filed Under: Homes for sale, real estate market Tagged With: , ,

Our Latest Sale – 5449 Strand #102

August 13, 2018 by

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

Filed Under: Homes for sale, real estate market, The Row
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**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