Three Sixty At South Bay

360 Real Estate and Homes for Sale in Three Sixty at South Bay, of of the premier gated communities

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

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By Keith Kyle

The Court 2 and 3 bedroom townhomes in Three Sixty South Bay
Beautiful architecture

It’s too early to tell if it’s just a coincidence 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.

 

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

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It’s no real secret that good schools help drive real estate home prices and the Wiseburn School District is integral to keeping home valuesSchool is cool infographic high in 360 and the Hollyglen areas. 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 important, 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

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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

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*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

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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

Is 360 The Right Neighborhood for You?

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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.