2018 Year in Review – 360 South Bay Real Estate Recap

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

Finally Some Housing Inventory in Three Sixty South Bay

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

*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

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 #102This 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

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

*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.

Our Latest Sale – 5449 Strand #102

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

May and June 2018 Home Sales in 360 South Bay

May and June of 2018 saw some strong home sales in Three Sixty South Bay, one of the South Bay’s premier gated communities. Home prices continued to rise and current home values are continuing to increase. Visit our list of current homes for sale in 360 South Bay to see what is currently on the market.

13029 Central Av # 201

  • Condominium in the Flats
  • List / Sold: $795,000 / $795,000
  • 6 days on the market • Sold On 06/19/2018
  • 2 beds, 2 baths • 1,429 sqft • 14,208 sqft lot • $556.33/sqft
  • ML# SB18108570
  • Listed by Sue Murphy – Keller Williams Beach Cities

5325 Pacific # 103

  • Townhome in the Row
  • List / Sold: $865,000 / $860,000
  • 19 days on the market • Sold On 06/26/2018
  • 2 beds, 3 baths • 1,720 sqft •  $500.00/sqft
  • ML# SR18101597
  • Listed by Sales Realty & Investment Group

12921 Union Av # 104

  • Townhome in The Townes
  • List / Sold: $870,000 / $885,000
  • 5 days on the market • Sold On 05/09/2018
  • 3 beds, 3 baths • 1,490 sqft •  $593.96/sqft
  • ML# SB18084768
  • Listed by Holly Danna – Douglas Elliman of California, Inc.

5593 Palm Dr # 107

  • Townhouse in The Townes
  • List / Sold: $859,000 / $893,000
  • 0 days on the market • Sold On 05/18/2018
  • 3 beds, 3 baths • 1,668 sqft • $535.37/sqft •
  • ML# SB18080137
  • Listed by Derek Hirano – Coldwell Banker

 

5565 OCEAN # 103

  • Townhouse in the Courts
  • List / Sold: $899,000 / $899,000
  • 7 days on the market • Sold On 05/02/2018
  • 3 beds, 4 baths • 1,860 sqft  • $483.33/sqft
  • ML# 18320494
  • Listed by Barbara Anne McNeill – Keller Williams Beach Cities

13127 Union Av # 105

  • Townhouse in the Townes
  • List / Sold: $909,000 / $899,000
  • 116 days on the market • Sold On 05/22/2018
  • 4 beds, 4 baths • 1,978 sqft •  $454.50/sqft
  • ML# SR17250567
  • Listed by Jan Neiman – Neiman Realty

5234 Pacific Terrace

 

  • Single Family Residence
  • List / Sold: $1,140,000 / $1,145,000
  • 10 days on the market • Sold On 05/02/2018
  • 3 beds, 3 baths • 1,861 sqft • $615.26/sqft
  • ML# PW18062352
  • Listed by Young Kim – Landmark Realty

5577 Palm Dr

  • Single Family Residence in the Terraces
  • List / Sold: $1,225,000 / $1,200,000
  • 41 days on the market • Sold On 05/30/2018
  • 4 beds, 3 baths • 2,007 sqft • $597.91/sqft
  • ML# SB18048547
  • Listed by Charles Fisher – Re/Max Estate Properties

360 Home Sales for May and June of 2018

Record prices, high demand and low inventory continued the trend in 360 South Bay for May and June of 2018.  See below for the homes sold in May and June.  Three Sixty at South Bay is a beautiful gated community in the Hollyglen neighborhood of Hawthorne and is serviced by the award winning Wiseburn School District.  Ideally located it’s a great option for those wanting to enjoy the slower paced South Bay lifestyle but at a lower price and a bit closer to LA for commuters.  Click here to see the current homes for sale in 360.

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

**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