Three Sixty At South Bay

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

June Real Estate Recap – Hawthorne CA Housing Market at a Glance

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June saw a nice uptick in the number of home sales in Hawthorne CA after 2 months of fairly extreme slow down.  The slowdown was the result of the uncertainty caused by the covid situation.  Once some things opened back up the market responded.   We’ll have to see what the next wave of uncertainty brings.  Of the 27 home sales 2 were in the gated community of Three Sixty South Bay and 2 were in the gated community of Fusion South Bay   To get a more historical sense of the current trends see our Hawthorne CA real estate trends and statistics.

Below are the number for the 2nd quarter of 2020.

Click to see the homes currently for sale in Hawthorne California

Three Sixty South Bay El Segundo Blvd entry gate

 

Hawthorne Real Estate – Home Sales and Prices for May 2020

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While 360 is in the unincorporated neighborhood of Hollyglen, it has a Hawthorne mailing address and it’s always good to keep up with thenew construction townhomes in Hawthorne market. May was a predictably slow month for home sales in Hawthorne CA with only 14 home sales. Compare that with 41 home sales in May of 2019 and you can see what the impacts of our current situation is. Having said that median listing prices were $702,000 with the median “sold” price of $694,000 indicating that there’s still quite a bit of buyer demand. The average price per foot was $510.92.

Of all the home sales only one was located in 360 and was a 3 bedroom townhome located at 13220 Central AVE #102

View all of the current homes for sale in Three Sixty as well as the current listings and homes for sale in Hawthorne CA.

May 2020 Home Sales & House Prices for Hawthorne

MLS#
Type
   Address
Price
$ Per Foot
Bed/Bath
Sq Feet
Year
Sold Date
SB20055963
SFR/D
 5361 W 119th PL  
$775,000
$912.84
2/1,0,0,0
849/A
1940/ASR
5/1/2020
PW20048184
TWNHS/A
 13220 Central AVE   #102
$935,000
$484.46
3/4,0,1,0
1930/A
2012/PUB
5/1/2020
SB20070352
SFR/D
 5312 W 137th PL  
$980,000
$752.69
3/1,0,1,0
1302/A
1955/ASR
5/27/2020
SB20091118
SFR/D
 5441 W 140th ST  
$1,170,000
$544.69
5/3,0,0,0
2148/A
1954/ASR
5/18/2020
DW20034031
SFR/D
 11639 Menlo AVE  
$550,000
$436.51
3/2,0,0,0
1260/A
1929/APP
5/4/2020
SR20072851
SFR/D
 4484 W 132nd ST  
$527,000
$506.73
3/1,0,0,0
1040/A
1947/ASR
5/11/2020
20565940
TWNHS
 4019 W 133RD ST  
$610,000
$346.59
3/3,0,0,0
1760/
2008
5/7/2020
SB20079055
SFR/D
 13928 Ramona AVE  
$632,500
$364.13
3/2,0,0,0
1737/A
1975/ASR
5/22/2020
IN20049809
SFR/D
 3849 W Rosecrans AVE  
$485,000
$388.62
3/2,0,0,0
1248/A
1939/ASR
5/26/2020
SB20075550
CONDO/A
 14049 Lemoli AVE  
$510,000
$377.22
3/2,0,1,0
1352/A
1989/PUB
5/28/2020
20567830
SFR
 11527 S WILTON PL  
$710,000
$453.96
4/2,0,0,0
1564/A
1954/ASR
5/26/2020
PV20034005
SFR/D
 15000 Fonthill   
$678,000
$339.00
4/2,0,0,0
2000/A
1952/ASR
5/22/2020
SB20069666
SFR/D
 14721 Fonthill AVE  
$712,000
$669.80
3/1,0,0,0
1063/A
1952/ASR
5/28/2020
SB20055193
SFR/D
 14813 Cordary   
$735,000
$575.57
3/1,1,0,0
1277/P
1952/PUB
5/12/2020

Hawthorne Home Sales, Pending Escrows and Closed Sales over the Past 15 Months

That Was Quick – 13025 Park Pl # 201 Goes Into Escrow

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The studio unit in The Flats at 13025 Park Pl # 201 (which had been converted and marketed as a one bedroom) quickly went into escrow after being brought to the market. It had been on hold due to the state of things and showing challenges but was brought back early may. After just a few days it quickly went into escrow and is now pending.

Information on 13025 Park Place #201

Contact 360 real estate specialist Keith Kyle for more information on this home

Rare One Bedroom in the Flats Hits the Market

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It’s been a while since a smaller one bedroom has hit the market in 360. They’re fairly rare as the only studio and one bedroom units are located in the Flats. These are the condo buildings in the center of the community and the majority are 2 bedrooms. 3025 is listed as a one bedroom but it’s technically a studio per the builders original design. Due to the layout some of the “bedroom” areas were enclosed by their owners making them look and feel like a one bedroom condo. View the floorplans to see the Flats residence 1 layout.

Information on 13025 Park Place #201

Contact 360 real estate specialist Keith Kyle for more information on this home

Ways of Holding Title (Taking Ownership) in California Real Estate

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There are many ways to take title, meaning how you legally own the home or propery,  for real estate in California and when buying a home in Three Sixty South Bay.   While you should consult with an attorney, CPA or both, our quick and helpful chart gives some of the similarities and differences of the various ways of holding title including, tenancy in common, joint tenancy, community property, and communtiy property with right of survivorship. There are other ways of holding title as well, but our chart should help explain the basics. If you are considering buying real estate or a home in Southern California’s South Bay, we can help. Contact us today

Ways of Taking and Holding Title to Real Estate in California

Tenancy in Common Joint Tenancy Community Property Community Property with Right of Survivorship
WHO? Any number of persons (can be husband and wife). Any number of persons (can be husband and wife). Only husband and wife. Only husband and wife.
DIVISION Ownership can be divided into any number of interests, equal or unequal. Owner interests must be equal. Ownership and managerial interests are equal. Ownership and managerial interests are equal.
TITLE Each co-owner has a separate legal title to his or her undivided interest. There must be unity of title and time. (created in one document) Title is in the “community.”  Each interest is separate but management is unified. Title is in the “community.”  Each interest is separate but management is unified.  Title must expressly state community property with right to survivorship.
POSSESSION Equal rights of possession. Equal rights of possession. Both co-owners have equal management and control. Both co-owners have equal management and control.
CONVEYANCE Each co-owner’s interest may be conveyed separately by its individual owner. Conveyance by one co-owner without the others will terminate that individual’s joint tenancy. Real property requires written consent of other spouse, and separate interest cannot be conveyed except upon death. Real property requires written consent of other spouse, and separate interest cannot be conveyed except upon death.
PURCHASER’S STATUS Purchaser will become a tenant in common with the other property co-owners. Purchase will become a tenant in common with the other co-owners. Purchaser can acquire title from the community with written consent or joinder of both spouses. Purchaser can acquire title from the community with written consent or joinder of both spouses.
DEATH On co-owner’s death, his or her interest passes by will to that person’s devisees or heirs.  No survivorship right. On co-owner’s death, his or her interest ends and cannot be disposed of by will.  Survivor(s) own(s) the property.  An affidavit of death of joint tenant establishes death. Upon death of one spouse, 50% belongs to surviving spouse, 50% goes by will to descendant’s devisees or by succession to surviving spouse. Upon death of one spouse, his or her interest ends and cannot be disposed by will.   Survivor owns the property 100%.  An affidavit of death (community property with right of survivorship) establishes death of a spouse.
SUCCESSOR’S STATUS Devisees or heirs become tenants in common. Last survivor owns property 100% If passing by will, tenancy in common between devisees and survivor results. Purchaser can only acquire whole title of community; cannot acquire a part of it.
CREDITOR’S RIGHTS Co-owner’s interest may be sold on execution sale to satisfy his or her creditor.  The creditor becomes a tenant in common. Co-owner’s interest may be sold on execution sale to satisfy creditor.  Joint tenancy is broken; creditor becomes tenant in common Property of community is liable for contracts of either spouse which were made after marriage and prior to or after January 1, 1975.  Co-owner’s interest cannot be sold separately; whole property may be sold on execution to satisfy creditor. Property of community is liable for contracts of either spouse which were made after marriage and prior to or after January 1, 1975.  Co-owner’s interest cannot be sold separately; whole property may be sold on execution to satisfy creditor.
PRESUMPTION Favored in doubtful cases except husband and wife case. Must be expressly stated.  Not favored. The legal presumption is that property which has been acquired during the course of the marriage is community property. The code reads that deeds must state “community property with the right of survivorship.”

*We are not attorney’s nor certified public accountants and cannot provide legal or tax advice. The information above is deemed reliable but not guaranteed and has been provided by a title insurance com

As there are no homes for sale in 360…….

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Whether you’ve been waiting for a new home to come on the market in Three Sixty or if you’ve found yourself priced out, a recent listing nearby might be worth a look. 14444 Arbor Lane is fairly close by in a smaller gated community.Built in 2001 it still has a fairly contemporary look and feel. It offers 3 bedrooms and 2.5 baths with just under 1,600 square feet on 2 levels.  Feel free to contact us for more information.

14444 Arbor Lane, Hawthorne

View other homes for sale in Hawthorne CA