Three Sixty At South Bay

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

Studio/1 Bedroom Conversion Condo “Coming Soon” in Three Sixty

by

Set to hit the market later this week is a fairly rare studio/one bedroom conversion single level condo in The Flats.  This is a residence 1 floorplan with almost 900 square feet located at 5540 Strand #201.  This was a very interesting layout when originally constructed as the builder ALMOST made the bedroom a completely separate area and many owners later completed the task.  Some have put in a slider wall and in this case a 3/4 wall separating it but not completely.  It’s a nice sized unit and really does feel more like a 1 bedroom than what you would think of as a “studio”.  Listed at $875,000 the condo last sold less than a year ago for $672,554 which was a big number at the time, but the market has jumped significantly even since then.

Condo Info

  • 1 bedrooms (tax records show this is a studio but partial wall has been added separating bedroom area
  • 1 bathrooms
  • 890 square feet(approx)
  • $550 HOA dues (varies slightly every two months
  • Priced at $785,000
  • Listed by Matthew Barry – eXp Realty of California, Inc. – 310-308-6685

Contact Three Sixty realtor Keith Kyle with Vista Sotheby’s International for more information.

5540 Strand # 201, Hawthorne 90250, Hawthorne, CA 90250 – Coming soon at $785,000

3 Bedroom “Court” Townhome Hits the Market at $1,225,000

by

It’s been a while since anything other than single level condos in the Flats have been on the market but thankfully a new listing just hit the market.  This is an always popular Plan 2 residence in the Courts offering 3 bedrooms and 3 1/2 baths on three levels.  This layout has a lot to offer with a bedroom and en suite on the first level making it ideal for guests or extended visits from family.  As the first level also has the garage that really opens the second level at it’s only open living spaces.  The kitchen, dining, living room and powder room take the entire 2nd floor making it one of the more open and spacious layouts in any type home in Three Sixty.  The top floor offers a spacious primary suite with spacious bathrooom and walk in closet.  The top level also features a laundry room/closet as well as another bedroom also with it’s own private bath.

One fantastic aspect to this home is the location as it’s on the southern end of the community which is further from any road noise on the El Segundo Blvd side.

The community offers resort level amenities including state of the art fitness center, multiple pools, outdoor seating area, multiple dog parks and so much more.

Home Info

  • 3 bedrooms
  • 3.5 bathrooms
  • 1,930 square feet(approx)
  • $465 HOA dues
  • Priced at $1,225,000
  • Listed by Donald McVicar & Greg Geilman – Corcoran Global Living – 310-546-3468

Contact Three Sixty realtor Keith Kyle with Vista Sotheby’s International for more information.

13220 Central Avenue Unit#102, Hawthorne, CA 90250 – Listed at $1,225,000

Very Well Priced Top Floor Corner Condo Hits the Market in the Flats

by

New to the market is a top floor 2 bedroom condo in the Flats of Three Sixty. This is one of the larger “residence 5” 2 bedroom 2 bath condos offered in 360 and the top floor units have more outdoor areas than the condos on the other levels. 12920 Central #104 is priced very aggressively considering the last few sales of smaller units on lower floors has reached or exceeded the $1.0M mark. This floorplan offers a very nice open concept layout with kitchen and the spacious island overloooking the entire living and dining areas. While there is no direct garage access all of the condos in the Flats have private, locakable garages on the ground level which is extremely unique or multi level condo buildings in the South Bay.

This condo has sold…..view the current homes for sale in Three Sixty

Condo Info

  • 2 bedrooms
  • 2 bathrooms
  • 1,572 square feet(approx)  – Original builder data shows 1,654 sq feet
  • $597 HOA dues (varies slightly every two months
  • Priced at $1,025,000
  • Listed by Natasha Gwilt – eXp Realty of California Inc – 888-584-9427

Contact Three Sixty realtor Keith Kyle with Vista Sotheby’s International for more information.

12920 Central Avenue Unit#402 – Listed for $1,025,000

Who Generally Pays For What During Escrow?

by

By Keith Kyle

Closing Costs – Who Generally Pays What In The Escrow Process

Keep in mind that the charts below are based on the standard allocation of costs in an escrow in Three Sixty.  As with any detail of buying a home everything is negotiable including who pays what costs during the transaction.  In addition not all of these costs exist in every transaction and many are dependent on the lender, escrow company and the details of the offer.

Although not in the charts below it is standard for the seller to pay the real estate commission (generally 5% in our area) for both the listing (seller’s) agent and the buyer’s agent.

Title Fees

Name of cost Customarily Charged By/ Who Pays What is it?
Owner’s Title Policy Title company /  Seller cost Fee for the title policy. Calculated using the sales price.  Insures that the title is clean at close of escrow
Lender’s Title Policy Title company / Buyer cost Title policy issued to lender to cover the amount of the loan. Based on the loan amount.
Sub Escrow Fee Title company / Buyer & Seller Fee to administer the payoff of loans or property taxes of the seller and collection of funds from the new lender
Document Transfer Tax LA County / Seller.  There is also a city transfer tax in some cities but not in Hawthorne Fee charged on all properties that transfer title  based on sales price.  $1.10 per thousand of sales price
Record Release/Reconveyance LA County / Seller Charge to record the release/reconveyance
Federal Express/Messanger Fees Federal Express / Buyer & Seller Charge to deliver all time sensitive documents and monies
Title/Wire Fee Banking Instituion / Buyer & Seller Charge to wire funds to  or from escrow, seller, lenders, etc
Electronic Recording County / to Buyer Charge to electronically record the document
Record Grant Deed County / To Buyer Charge to record the grant deed
Record Trust Deed County / To Buyer Charge to record the trust deed.
Messenger Messenger Service /Buyer and Seller Charge to special messenger documents during the escrow:
Lender’s Endorsement Title / Buyer Charge for endorsements required by lender to cover “outside  normal” risk circumstances

Escrow Company Fees

Name of Cost Customarily Charged By/To: What it is?
Escrow company fee Escrow / Both buyer and seller each pays own Covers liability assumed as well as standard processing costs.  This varies but usually cost is somethung in the vicinity of $2.00 per thousand and a $200.00 base
Demand Fee Escrow / Seller Charge to request a statement & process involved in getting a payoff figureto escrow on the outstanding amount of the current loan. One demand fee per loan.
Process HOA Docs & Transfer Fee Escrow / Seller Fee for processing required to assign membership for HOA a& copying all governing documents
Document Fee Escrow / Buyer Covers the cost of all processing required to meet new lender requirements
Loan Tie-In Fee Escrow / Buyer Covers the cost of all processing required to meet new lender requirements
Federal Express Federal Express /Buyer For document packages to out of County Lenders.

Lender & Loan Costs

Name of Cost Customarily Charged By/ To What is it?
Origination Fee Lender / Buyer Charge for lending money at 1% of the loan amount
Documentation Preparation Lender / Buyer Paid to lender for preparation of final loan documents
Tax service Tax Service / Buyer Fee charged to buyer to set up property taxes with the state
Wire Banking institution Charge for the wiring of funds to title for closing
Underwriting Lender / Buyer Fee to direct lender for the process of approving
Tax impounds Lender / Buyer Collected to create an impound reserved account for the lender to pay property taxes twice a year
Prepaid Insurance Lender / Buyer Generally 1yr of hazard insurance collected for impound reserveaccount
Appraisal Appraiser / Buyer Paid directly to appraiser for appraisal of property
Credit Report Lender: / Buyer Paid to credit bureau for report containing 3 credit scores
Processing Lender / Buyer Paid to mortgage broker for processing loan package from application to closing

Disbursements

Name of Cost Customarily Charged By / To What is it?
HOA Transfer Fee HOA Management / Seller but often negotiated HOA or managemebt company fee to transfer ownership and handle new accounting set up
HOA Dues HOA Management / Seller Usually prorated and paid through day of closing
Fire Insurance Insurance Agency / Buyer 1 year prepaid premium for homeowners insurance
Notary Notary / Buyer

Payoffs

Name of Cost Customarily Charged By/ To What is it?
Recording Fee Existing Lender / Borrower Charge for having reconveyance recorded by the county.
Statement forwarding fee Existing Lender / Borrower Charge for issuing a payoff statement

Credits and Prorations

Name of Cost Customarily Charged By/ To What is is?
HOA Dues Seller  /Buyer Calculated from date of COA through month-end
County Property Taxes Seller / Buyer Calculated from the date of payoff through end of period paid for.

Hawthorne Home Prices in March 2022

by

Big Jump In the Number Of Homes that Sold in Hawthorne in March

It was a great month in Hawthorne real estate both in terms of the number of homes that sold and the average prices.   March 2022 saw 31 closed sales compared with only 24 in February and 15 on MLS homes closing escrow during January. The average “asking” price was $864,481 with the average sold price just under $919,000 indicating that, in general, homes sold MUCH higher than the list price. The average price per foot was $662 and median days on market was a brief 18.  See how that compares with other months on our Hawthorne real estate market trends and statistics page.

Of the 31 homes that sold, two were in the gated community of Three Sixty.  One was a smaller 2 bedroom condo that sold for a pretty stunning $1,040,000 and the other the smallest of the Terrace single family style homes at 5574 Palm which closed at $1,325,000

Search the current homes for sale in Hawthorne

March 2022 Home Sales and Home Prices in Hawthorne CA

Type Address Price $ Per Sq Foot Bed/Bath Sq Feet Year Built
SFR/D 4871 W 132nd St $765,000 $745 3/2,0,0,0 1027/P 1947/PUB
SFR/D 12502 Felton AVE $835,000 $566 3/1,0,0,0 1476/O 1944/ASR
SFR/D 5512 W 119th PL $875,000 $868 3/1,0,0,0 1008/A 1940/ASR
SFR/D 4915 W 139th ST $885,000 $598 3/2,0,0,0 1480/A 1951/ASR
TWNHS/A 5402 W 149th PL #17 $889,610 $668 2/2,0,0,0 1331/S 2007/ASR
CONDO/A 13024 Union AVE #201 $1,040,000 $728 2/2,0,0,0 1429/B 2010/PUB
SFR/D 4919 W 139th ST $1,200,000 $747 4/2,0,0,0 1607/A 1951/ASR
SFR/D 5509 W 122nd ST $1,200,000 $881 3/2,0,0,0 1362/A 1950/APP
SFR 5126 W 141ST ST $1,235,000 $633 3/2,0,0,0 1950/ 1951
SFR/D 5574 Palm $1,325,000 $712 3/1,1,1,0 1861/B 2013/BLD
SFR/D 5346 W 121st ST $1,325,000 $783 3/2,0,0,0 1692/A 1949/ASR
SFR 5519 W 123RD PL $1,386,000 $1,224 3/2,0,0,0 1132/ 1950
TWNHS 14439 Chadron AVE #16 $560,000 $478 3/1,0,1,0 1171/ 1985
SFR/D 11448 Freeman AVE $585,000 $592 3/1,0,0,0 988/A 1926/ASR
SFR/D 12239 Cedar ave $835,500 $413 4/2,0,0,0 2021/A 1926/ASR
SFR/D 2137 W 115th ST $925,000 $475 4/2,0,0,0 1946/A 1954/ASR
SFR/D 4827 W 121st ST $1,285,000 $721 3/2,1,0,0 1782/A 1947/ASR
SFR/D 4493 W 138th ST $798,725 $787 2/1,1,0,0 1015/P 1942/PUB
SFR/D 4702 W 132nd ST $850,000 $668 3/1,0,0,0 1272/A 1952/ASR
SFR/D 5127 W 141st ST $1,040,000 $756 3/2,0,0,0 1376/A 1963/PUB
SFR/D 4570 W 141st ST $1,165,000 $743 3/1,1,0,0 1567/A 1950/ASR
CONDO 14020 Cerise AVE $585,000 $356 3/3,0,0,0 1643/ 1980
CONDO/D 3704 W 119th ST $625,000 $564 3/2,0,1,0 1109/A 1993/PUB
SFR/D 13606 Lemoli AVE $711,000 $468 3/2,0,0,0 1519/A 1955/ASR
SFR/D 11619 Tarron AVE $747,000 $590 3/2,0,0,0 1267/A 1954/ASR
CONDO 14514 Yukon AVE $740,000 $426 3/3,0,0,0 1737/ 1981
SFR 3618 W 144TH PL $1,000,000 $710 3/2,0,0,0 1408/ 1951
SFR/D 3231 W 134th PL $600,000 $647 3/1,0,0,0 928/A 1940/PUB
CONDO/A 14041 Lemoli AVE $672,000 $416 3/2,0,1,0 1615/A 1990/ASR
SFR/D 3217 W 134th ST $780,000 $859 3/2,0,0,0 908/A 1940/ASR
CONDO/A 5405 W 149th PL #12 $1,023,750 $726 3/2,0,0,0 1410/P 2007/PUB

2 Bedroom Townhome in Fusion South Bay Sells for $985,000

by

***Please not that this listing sold earlier this year for $985,000***

Since there’s nothing currently on the real estate market in Three Sixty as of 3/31 we wanted to tell you about another option for those looking for something in the Hollyglen neighborhood of Hawthorne.  Just down the street from 360 is the smaller gated community of Fusion South Bay.  The newest townhome listing in Fusion just recently hit the market.  This is a beautifully updated 2 bedroom  E floorplan townhome located 5406 w 149th Pl #14 and is priced at $929K.  The E layout is a fairly popular floorplan as most spaces and rooms are fairly large and the living room offers high ceilings giving it wonderful natural light.

This beautiful townhome has been extensively updated and is not your typical original builder finishes.  Updates include cabinetry upgrades with custom storage, quartz countertops, hardwood floors and more.  The home has a 2 car attached garage.  The main drawback of this unit is the location as it overlooks the So Cal Edison substation and the various industrial looking towers and wires.    The owners and the community have done an admirable job in hiding it but it’s definitely hard to ignore.

Fusion South Bay definitely lacks the resort level amenities of Three Sixty but HOA dues and prices are lower.

As with all condos and townhomes in Fusion, the home has central A/C and is part of the award winning Wiseburn School District.

Condo Info

  • 2 bedrooms
  • 2 bathrooms
  • 1,370 square feet* (approx)
  • $293 HOA dues
  • Priced at $929,000
  • Listed by Paul Buller – RE/MAX Estate Properties – 310.218.9256

*As with every layout in Fusion there’s a bit of confusion to the square footage as original builder plans show 1,419 square  footage but the tax records indicate 1,370 sq feet.

Contact Fusion real estate specialist Keith Kyle with Vista Sotheby’s International for more information or to schedule a private tour.

5406 W 149th Place Unit #14, Hawthorne, CA 90250 – Sold for $985,000