Pacific Landing – New Single Family Home Community in El Segundo CA

In an area where there is simply no space for “new” communities, it’s very rare indeed to see a new neighborhood pop up. El Segundo is seeing just that with Pacific Landing from Emerald Homes and D.R. Horton. Pacific landing consists of 24 single family homes ranging from the high $1.6Ms to the high $1.8Ms. The homes will all be slightly under 3,000 square feet with all being 4 bedroom and either 3 1/2 or 4 1/2 baths.

Request more information on the homes in Pacific Landing

Located near 919 Camber Lane, the community of Pacific Landing is located in charming El Segundo.  El Segundo offers a great community feel with it’s Main Street area of shops and restaurants, multiple parks, Dockweiler State Beach and award winning schools.  As it’s the furthest north town in the South Bay, it’s also ideal for commuters and cut as much as 45 minutes off a drive each way.

Pacific Landing in El Segundo

Are We Seeing the El Segundo Real Estate Market Starting to Shift?

Recent market indicators are starting to show signs of a changing market in El Segundo.  Notably the number of homes selling is on a sharp decline with the number of active listings is at a 12 month high.  The chart below shows a month by month representation of the number of closed or recorded home sales.  October saw only 8 homes that sold.  By itself that wouldn’t mean much as the number of homes that sold can fluctuate greatly in El Segundo.

The chart below shows the number homes for sale with “active” status.  October matched the 2018 high mark with 31 active homes for sale.  As of November 12 there are 32 homes for sale in El Segundo.

El Segundo Alternative? Our Latest Listing in Redondo Beach

610 The Village #202, Redondo Beach CA

  • Well priced at $460,000
  • 410 foot studio with 1 full bath
  • Ocean view
  • Community ammenities included multiple pools and spas, market/restaurant, fitness center, bbq areas and decks
  • Low HOA of $265 a month

Welcome home to this luxury retreat and live the vacation lifestyle! This beautifully remodeled condo is the ideal beach retreat and the community offers multiple pools and spas, oceanview deck, bbq area and access to the neighboring resort style pool, state of the art fitness center and market/restaurant. Perfect for those looking to buy instead of rent, those looking for a second home just seconds from the beach, and those that travel often and are looking for the perfect place to come home after a trip and sit back and relax…..610 The Village #202 is an ideal fit. Located just east of King Harbor and the Redondo Pier, this beautiful and rare ocean view studio is central to everything in the South Bay. The home was recently upgrated with granite counters, new stainless appliances, recessed lights, crown molding, new sliders to the patio, new carpet and new paint. Bathed in natural light the home feels much larger than the typical studio and much larger than the square footage would indicate. Enjoy beach breezes and ocean views from the home or the private balcony or head out for a stroll on the pier or along the beach.

Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or to set up a private showing.

Just Behind King Harbor

Ahh to Live At the Beach

Walk to Redondo Pier

Fitness Center

Owners only pool

Oceanview deck

One of two luxurious pools

Landscaped grounds

Take an ocean view stroll

What Do Home Buyers Look for in a Neighborhood

Just as every community is different…..every home buyer is different as well.  A recent survey provided some insight into California home buyers.  Find out if the coastal community of El Segundo in the famed South Bay has everything you’re looking for in a place to call home.

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.

Congratulations to our Clients in 360 South Bay

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

New Construction Powers October Home Prices in El Segundo

Several new construction homes drove the real estate market in October to a very high median price. With 3 homes built in 2018 selling in the month the median home price in El Segundo was $1,595,000 which was well above the norm. October saw 8 sold homes in this coastal community with the lowest priced sale of the month at $503,000 for a 2 bed/2 bath condo on Imperial and the largest sale at $1,914,510 for one of the new construction homes in the brand new community just off of Imperial Highway.

See the current El Segundo homes for sale

October 2018 Home Sales

Benefits of Owning a Home in El Segundo

Owning a homel, especiallin in El Segundo, has so many benefits that it’s hard to argue against the merits.  While every owner has different reasons and some are more important to one homeowner than another, there’s no lack of great reasons….

Here are just some of the benefits:

  • Appreciation:  Home values have a welll documented history of going up over time.  While there may be temporary dips in the market, there’s no question that home values go up in the long term.  The increase becomes equity you can benefit from when you refinance or sell.
  • Equity:  Renting has often been compared to paying 100% interest, but when you own a home and a mortgage is in place, a portion of your payment goes towards the principal balance on your loan….meaning each month you own a little bit more outright.  This builds your equity and acts as a savings or retirement account.  When the home value goes up the equity accrues even faster.
  • Happiness.  While some investors might think this is frivolous, you simply can’t understate how important this is.  The feeling of owning your hown home is unlike anything else people own.  It’s yours and it’s simply not the same thing as renting.  You can fix it up, you can spend your time gardening or mowing the lawn, you can fix it up….knowing that….it’s yours.
  • Tax Savings:   Home ownership has long been a goal for buyers and the government alike.  The government rewards homeowners by providing excellent tax benefits.  Interest paid on your mortgage and other home related expenses can often be deducted, there are huge capital gains tax exemptions when you sell (primary residence) and more
  • Education:  Research shos that children of homeowners earn higher test scores and graduate at a higher percentage than those of renters.
  • Community Ties:  People who own rather than rent stay in their homes 4 times longer according to statistics.  This provide and opportuntiy to get to know you neighbors and connect with you neighborhood and local community.

In Escrow – Our Latest Listing in Fusion At South Bay in Hollyglen

Welcome home to this stunning and rare 3 bedroom “J” floorplan in Fusion South Bay. This home was originally a model home & offers upgrades rarely seen in the community. This highly sought after layout offers all living spaces on a single level and the flexible floorplan allows for the layout to adapt to every lifestyle. Bathed in natural light with oversized windows and high ceilings throughout, the home offers a spacious and bright living room with built in entertainment center, recessed lights, custom designed/ fitted carpeting with beautiful tile flooring underneath, plantation shutters and more. Perfect for todays lifestyle, the living room open to both dining room and the the kitchen.

  • Listed for $847,500
  • 3 bedroom, 2 1/2 bath
  • 1,790 sq feet (based on builder specs…buyer to verify)
  • Gated community of Fusion South Bay

The stunning kitchen is the showcase of the home with upgrades throughout…granite counters, stainless appliances, 6 burner Wolf range and a large island perfect for entertaining. With 2 spacious bedrooms plus a beautiful master suite on the same level as the living spaces once inside it can feel more like a single family home. Master suite offers numerours upgrades including ceiling fan (a rare find in Fusion), custom tile work in the bathrooms, walk in closet and more. Additional features of the home include 2 car attached side by side garage, air conditioning and great privacy due to it’s location in Fusion. Fusion is a fantastic gated community with pool, spa, basketball court, playground and more and the Manhattan Beach adjacent location is just a short drive to the beach.  Contact listing agent Keith Kyle  or 310.251.2344 with Vista Sotheby’s International Realty for more info or for a private showing.

July 2018 El Segundo Home Sales

738 Lomita, El Segundo sold at $2,300,000

July was a solid month as expected in the El Segundo CA housing market. There were 15 homes sold which is higher than normal.  The median list price was $998,000 with a median sold price of $1,020,000.  Anytime the median sales price is higher than list price you know it’s a hot “sellers” market.  See the current homes for sale in El Segundo.

The top price of the month was a stunning $2,300,000 for 758 Lomita St which is a 5 bedroom, 5 bath custom built (2004) spanish style single family home offering 4,000 square feet on a nice sized 6,482 foot lot.

950 Virginia St # 103

Condominium
List / Sold:
$609,000 / $595,000
117 days on the market • Sold On 07/03/2018
2 beds, 2 baths • 1,191 sqft • 14,124 sqft lot • $499.58/sqft • Built in 1981
ML# OC18019886

738 Main St # 302

Condominium
List / Sold:
$669,000 / $630,000
250 days on the market • Sold On 07/26/2018
2 beds, 2 baths • 1,258 sqft • 13,407 sqft lot • $500.79/sqft • Built in 1979
ML# SB17214397

945 Pepper St # 211

Condominium
List / Sold:
$615,000 / $640,000
9 days on the market • Sold On 07/31/2018
2 beds, 2 baths • 1,175 sqft • 49,819 sqft lot • $544.68/sqft • Built in 1982
ML# SB18136744

935 Main St # 105

Condominium
List / Sold:
$715,000 / $740,000
7 days on the market • Sold On 07/03/2018
2 beds, 2 baths • 1,304 sqft • 20,771 sqft lot • $567.48/sqft • Built in 1981
ML# SB18125619

206 Sheldon St

Townhouse
List / Sold:
$925,000 / $921,000
7 days on the market • Sold On 07/03/2018
4 beds, 3 baths • 1,641 sqft • 7,150 sqft lot • $561.24/sqft • Built in 2009
ML# SB18107265

861 Sheldon St

Single Family Residence
List / Sold:
$995,000 / $1,005,000
24 days on the market • Sold On 07/24/2018
ML# SB18126029

210 Whiting St # G

Townhouse
List / Sold:
$985,000 / $1,017,000
6 days on the market • Sold On 07/12/2018
3 beds, 3 baths • 1,674 sqft • 11,437 sqft lot • $607.53/sqft • Built in 2003
ML# SB18135398

832 Penn St

Single Family Residence
List / Sold:
$999,000 / $1,020,000
0 days on the market • Sold On 07/18/2018
ML# SB18114097

215 Whiting St # 1

Townhouse
List / Sold:
$998,000 / $1,025,000
4 days on the market • Sold On 07/24/2018
3 beds, 4 baths • 1,641 sqft • 17,528 sqft lot • $624.62/sqft • Built in 1992
ML# SB18154425

1537 E PALM Av

Single Family Residence
List / Sold:
$1,099,000 / $1,215,000
10 days on the market • Sold On 07/27/2018
3 beds, 2 baths • 1,471 sqft • 9,493 sqft lot • $825.97/sqft • Built in 1950
ML# 18339304

143 Virginia St

Townhouse
List / Sold:
$1,252,300 / $1,252,300
5 days on the market • Sold On 07/31/2018
3 beds, 3 baths • 1,745 sqft • 5,723 sqft lot • $717.65/sqft • Built in 2018
ML# SB18169073

1423 E Elm Av

Single Family Residence
List / Sold:
$1,399,000 / $1,399,000
2 days on the market • Sold On 07/03/2018
ML# SB18127859

135 Virginia St

Townhouse
List / Sold:
$1,429,000 / $1,429,000
23 days on the market • Sold On 07/19/2018
4 beds, 4 baths • 2,104 sqft • 5,723 sqft lot • $679.18/sqft • Built in 2018
ML# SB18117700

315 E Maple Av

Single Family Residence
List / Sold:
$1,849,000 / $1,800,000
15 days on the market • Sold On 07/31/2018
4 beds, 4 baths • 3,347 sqft • 5,978 sqft lot • $537.80/sqft • Built in 1989
ML# SB18119313

758 Lomita St

Single Family Residence
List / Sold:
$2,300,000 / $2,300,000
1 days on the market • Sold On 07/06/2018
5 beds, 5 baths • 4,000 sqft • 6,482 sqft lot • $575.00/sqft • Built in 2004
ML# SB18148915

June 2018 El Segundo Home Sales

770 W IMPERIAL Av # 31

  • List / Sold: $475,000 / $480,000 Previous Price: $475,000 
  • 18 days on the market    Sold On 06/13/2018
  • 2 beds, 3 baths    888 sqft     $540.54/sqft    Built in 1966
  • ML# 18327778

770 W Imperial Av # 32

  • List / Sold: $519,000 / $520,000 Previous Price: $519,000
  • 29 days on the market    Sold On 06/13/2018
  • 2 beds, 1 baths    1,116 sqft     $465.95/sqft    Built in 1966
  • ML# SB18082025

1313 E Grand Av # B   

  • List / Sold: $895,000 / $895,000 
  • 2 days on the market    Sold On 06/08/2018 
  • beds, 3 baths    1,356 sqft     $660.03/sqft    Built in 1989
  • ML# SB180273653

303 Kansas St # C

 
  • List / Sold: $1,079,000 / $1,079,000 
  • 13 days on the market    Sold On 06/22/2018
  • 4 beds, 3 baths    2,030 sqft    $531.53/sqft    Built in 2006
  • ML# PV18096002

1107 E Walnut Av  

  • List / Sold: $1,170,000 / $1,170,000
  • Single Family Residence
  • 0 days on the market    Sold On 06/29/2018
  • 2 beds, 1 baths    1,171 sqft    6,253 sqft lot    $999.15/sqft    Built in 1948
  • ML# SB18096139

302 W Maple Av

  • List / Sold: $1,199,000 / $1,178,999 Previous Price: $1,199,000
  • Single Family Residence
  • 19 days on the market    Sold On 06/22/2018
  • 3 beds, 2 baths    1,416 sqft    7,280 sqft lot    $832.63/sqft    Built in 1931
  • ML# SB18098496

706 Virginia St

  • List / Sold: $1,179,000 / $1,200,000 Previous Price: $1,179,000
  • Townhouse
  • 6 days on the market    Sold On 06/26/2018
  • 4 beds, 4 baths    2,230 sqft    $538.12/sqft    Built in 2007
  • ML# SB18116906 

433 W Maple Av

  • List / Sold: $1,325,999 / $1,275,000 Previous Price: $1,325,999
  • Single Family Residence
  • 147 days on the market    Sold On 06/29/2018
  • 3 beds, 2 baths    1,499 sqft  •  $850.57/sqft    Built in 1967
  • ML# PW18024590

909 McCarthy Ct

  • List / Sold: $1,399,900 / $1,300,000 Previous Price: $1,399,900
  • Single Family Residence
  • 19 days on the market    Sold On 06/28/2018
  • 3 beds, 2 baths    2,132 sqft    7,590 sqft lot    $609.76/sqft    Built in 1953
  • ML# SB18087008

539 Penn St

 
  • List / Sold: $1,399,000 / $1,365,000 Previous Price: $1,399,000  
  • Duplex
  • 106 days on the market    Sold On 06/04/2018
  • 5 beds, 2 baths    2,120 sqft    6,002 sqft lot    $643.87/sqft    Built in 1924
  • Consists of two individual homes featuring a unit mix consisting of (1) 2-bed/2-bath and (1) 2-bed/1-bath units with 2,120 SF of total living area.
  • ML# SB18030747

713 E Maple Av

  • List / Sold: $1,499,000 / $1,460,000 Previous Price: $1,499,000
  • Single Family Residence
  • 35 days on the market    Sold On 06/21/2018
  • 3 beds, 3 baths    1,674 sqft    5,799 sqft lot    $872.16/sqft    Built in 1956
  • ML# SB18059236

839 Hillcrest St

  • List / Sold: $1,735,000 / $1,700,000 Previous Price: $1,735,000
  • Single Family Residence
  • 8 days on the market    Sold On 06/22/2018
  • 5 beds, 3 baths    2,919 sqft    5,001 sqft lot    $582.39/sqft    Built in 1978
  • ML# SB18097821