2017 Year in Review – El Segundo Home Sales

What a year it was in El Segundo real estate.  There were 134 homes selling on the MLS along with 18 income and multi unit apartment

buildings.  The average list price for the year was $1,086,000 with the average sold price coming in at $1,062,500.  The average price per square foot was $653.  80 of the El Segundo home sales were single family homes, 26 condos and 24 townhomes.   View month by month homes sales here or see the current homes for sale in El Segundo.

Type   Address
List Price / Sales Price
Price per Foot
Bed/Bath
Sq Feet
Year
Date
SFR/D 414 W Walnut AV
$1,350,000 /  $1,499,000
$458.72
4/4,0,0,0
2943/S
1947/APP
1/4/2017
SFR/D 1211 E Acacia AV
$1,415,000 /  $1,525,000
$655.09
3/2,0,1,0
2160/A
1949/ASR
1/5/2017
SFR/D 708 Lomita ST
$1,925,000 /  $1,940,000
$522.53
5/4,0,0,0
3684/A
2003/ASR
1/6/2017
SFR/A 625 CENTER ST
$1,975,000 /  $1,999,000
$487.65
5/4,0,0,0
4050/O
1943
1/10/2017
CONDO 770 W IMPERIAL AV #7
$390,000 /  $380,000
$547.75
1/1,0,0,0
712/
1966
1/13/2017
TWNHS/A 1630 E Palm AV #5
$702,000 /  $719,000
$509.43
3/2,0,1,0
1378/A
1991/APP
1/19/2017
SFR/D 933 Loma Vista ST
$879,000
$796.92
3/1,0,0,0
1103/A
1952/ASR
1/19/2017
CONDO/D 212 E Imperial AV #A
$597,000 /  $599,000
$426.12
3/2,0,0,0
1401/A
1979/PUB
1/20/2017
SFR/D 409 W Acacia AV
$900,000 /  $880,000
$569.26
3/1,0,0,0
1581/A
1955/ASR
1/25/2017
CONDO/A 770 W Imperial AV #29
$430,000 /  $419,000
$484.23
2/1,0,0,0
888/A
1966/ASR
1/31/2017
SFR/D 405 E Oak AV
$1,465,000 /  $1,599,000
$465.37
3/3,0,0,0
3148/A
1981/ASR
2/2/2017
TWNHS/A 1341 E Grand AV #C
$800,000 /  $795,000
$589.97
3/2,0,1,0
1356/A
1989/ASR
2/3/2017
SFR/D 917 Sheldon ST
$940,000 /  $899,000
$792.58
2/1,0,0,0
1186/A
1953/ASR
2/9/2017
CONDO/A 745 Main ST #305
$640,000 /  $639,000
$545.61
2/2,0,0,0
1173/A
1977/ASR
2/10/2017
SFR/D 201 E Acacia AV
$1,400,000 /  $1,495,000
$496.98
4/2,1,0,0
2817/A
1950/ASR
2/15/2017
CONDO/A 900 Cedar ST #210
$555,000 /  $569,000
$471.54
2/1,1,0,0
1177/A
1978/ASR
2/22/2017
TWNHS/A 1630 E Palm AV #3
$680,000 /  $689,000
$493.47
3/2,0,1,0
1378/A
1991/ASR
2/22/2017
SFR/D 1502 E Sycamore AV
$1,382,250 /  $1,499,999
$548.51
4/3,0,0,0
2520/A
1955/ASR
2/23/2017
CONDO/A 738 Main ST #103
$657,000 /  $675,000
$522.26
2/1,1,0,0
1258/P
1979/PUB
2/24/2017
TWNHS/A 887 Washington ST
$660,000 /  $675,000
$521.74
2/1,1,1,0
1265/A
1976/ASR
2/28/2017
CONDO/A 770 W Imperial AV #83
$550,000 /  $549,999
$547.26
2/2,0,1,0
1005/A
1966/ASR
3/1/2017
SFR/D 808 Maryland ST
$1,748,000 /  $1,695,000
$698.08
4/3,0,1,0
2504/A
1943/ASR
3/10/2017
SFR/D 603 W Mariposa AV
$1,275,000 /  $1,299,900
$637.50
3/2,0,0,0
2000/D
1920/ASR
3/14/2017
SFR/D 657 Acacia
$1,100,000
$856.03
3/2,0,0,0
1285/P
1956/ASR
3/17/2017
TWNHS/A 530 Sierra PL #5
$810,000 /  $849,900
$476.75
3/2,0,1,0
1699/A
1992/ASR
3/30/2017
SFR/D 520 E Walnut AV
$1,075,000 /  $998,000
$979.95
3/1,0,0,0
1097/A
1941/ASR
4/3/2017
CONDO/A 738 Main ST #201
$629,000
$500.00
2/2,0,0,0
1258/A
1979/ASR
4/4/2017
SFR/D 526 Whiting ST
$1,448,250 /  $1,499,900
$536.39
5/2,0,2,0
2700/AP
1912/ASR
4/4/2017
SFR/D 900 Lomita ST
$965,000 /  $879,000
$735.52
2/2,0,0,0
1312/A
1952/ASR
4/5/2017
TWNHS/A 1309 E Grand AV #E
$782,000 /  $795,000
$576.70
3/3,0,0,0
1356/A
1989/ASR
4/14/2017
SFR/D 1510 E Maple AV
$1,436,000 /  $1,599,000
$476.29
5/4,0,0,0
3015/A
1962/ASR
4/14/2017
SFR/D 403 Whiting ST
$2,155,000 /  $2,289,000
$718.33
3/2,1,0,0
3000/E
2015/OTH
4/14/2017
SFR/D 429 W Oak AV
$1,395,000
$914.15
3/1,1,0,0
1526/T
1952/ASR
4/19/2017
SFR/D 333 Lomita ST
$1,005,000 /  $1,099,000
$809.18
3/2,0,0,0
1242/A
1948/ASR
4/20/2017
SFR/D 228 W Oak AV
$1,010,000 /  $1,170,000
$705.80
2/1,0,0,0
1431/A
1918/ASR
4/24/2017
COMRES/A 127 Richmond
$1,340,000 /  $1,399,900
$523.44
2/2,0,2,0
2560/A
2004/ASR
4/25/2017
CONDO/A 950 Main ST #103
$595,000 /  $600,000
$506.38
2/1,1,0,0
1175/A
1982/ASR
4/28/2017
CONDO/A 227 E Oak AV #102
$658,000 /  $645,000
$500.38
2/2,0,0,0
1315/A
1979/PUB
5/4/2017
SFR/D 628 W Oak AV
$1,250,000 /  $1,249,000
$571.56
3/2,0,0,0
2187/A
1925/ASR
5/11/2017
CONDO/A 770 W Imperial #60
$470,000 /  $465,000
$483.04
2/2,0,0,0
973/A
1966/ASR
5/12/2017
TWNHS/A 210 Whiting ST #A
$910,000 /  $849,988
$543.61
3/2,0,1,0
1674/A
2003/ASR
5/22/2017
TWNHS/A 1341 E Grand AV #D
$765,000
$564.16
3/2,0,1,0
1356/A
1989/ASR
5/23/2017
SFR/D 1543 E Palm
$1,650,000 /  $1,685,000
$775.74
3/2,0,0,1
2127/S
2016/SLR
5/26/2017
SFR/D 403 Loma Vista ST
$1,175,000 /  $1,225,000
$1,009.45
2/1,0,0,0
1164/A
1926/ASR
5/28/2017
SFR/D 123 Loma Vista ST
$850,000 /  $890,000
$1,057.21
2/1,0,0,0
804/A
1955/ASR
5/30/2017
CONDO/A 123 E Oak AV #303
$620,000 /  $629,900
$493.63
2/2,0,0,0
1256/A
1979/ASR
6/7/2017
SFR/D 815 Penn ST
$850,000 /  $879,000
$758.93
2/2,0,0,0
1120/A
1962/ASR
6/8/2017
CONDO/A 745 Main ST #205
$580,000 /  $585,000
$494.46
2/1,1,0,0
1173/A
1977/APP
6/9/2017
TWNHS/A 770 W Imperial AV #71
$510,000 /  $525,000
$507.46
2/1,0,1,0
1005/A
1966/ASR
6/13/2017
SFR/D 830 Maryland ST
$1,175,000 /  $1,049,000
$908.04
2/1,0,0,0
1294/A
1943/ASR
6/13/2017
TWNHS/A 770 W Imperial AV #68
$499,500
$497.01
2/2,0,0,0
1005/A
1966/ASR
6/15/2017
SFR/A 433 W MAPLE AV
$920,000 /  $1,099,900
$613.74
3/2,0,0,0
1499/
1967
6/19/2017
CONDO/A 935 Main ST #104
$659,000 /  $619,000
$495.86
2/2,0,0,0
1329/A
1981/ASR
6/21/2017
TWNHS/A 216 Loma Vista ST #B
$800,000 /  $819,000
$562.19
3/3,0,0,0
1423/A
1990/ASR
6/23/2017
SFR/D 414 W Oak AV
$1,120,000 /  $995,000
$935.67
4/1,0,0,0
1197/A
1952/ASR
6/27/2017
SFR/D 509 California ST
$1,745,000 /  $1,799,000
$716.04
4/3,0,0,0
2437/A
1954/ASR
6/27/2017
SFR/D 408 Kansas ST
$1,085,000 /  $1,100,000
$1,008.36
3/1,0,0,0
1076/A
1953/ASR
6/28/2017
CONDO/D 212 E Imperial AV #E
$600,000 /  $599,000
$430.73
3/2,0,0,0
1393/A
1979/ASR
6/29/2017
SFR/D 602 Lomita ST
$1,099,000
$676.72
3/2,0,0,0
1624/A
1943/ASR
6/30/2017
TWNHS/A 507 W Grand AV
$1,010,000 /  $999,000
$608.43
3/3,0,0,0
1660/O
2006/ASR
7/6/2017
SFR/D 734 Redwood AV
$1,381,000 /  $1,435,000
$473.11
4/3,0,0,0
2919/A
1979/ASR
7/7/2017
TWNHS/A 1225 E Grand AV #A
$756,500 /  $739,000
$581.92
2/1,0,0,1
1300/A
2006/ASR
7/13/2017
SFR/D 849 Sheldon ST
$825,000 /  $899,000
$553.32
3/2,0,0,0
1491/A
1925/ASR
7/14/2017
SFR/D 423 Loma Vista ST
$1,400,000 /  $1,450,000
$895.14
3/2,0,0,0
1564/A
1928/ASR
7/14/2017
TWNHS/A 1629 E Palm AV #4
$770,000 /  $769,000
$479.75
3/3,0,0,0
1605/A
1991/ASR
7/17/2017
CONDO/A 935 Main ST #206
$655,000 /  $639,000
$502.30
2/2,0,0,0
1304/A
1981/ASR
7/18/2017
TWNHS/A 328 E Imperial AV #2
$805,000 /  $788,000
$454.03
3/2,0,1,0
1773/A
2004/ASR
7/18/2017
CONDO/A 935 Main ST #304
$625,000 /  $639,000
$470.28
2/2,0,0,0
1329/A
1981/ASR
7/19/2017
SFR/D 913 Dune ST
$1,245,000 /  $1,285,000
$535.25
4/3,0,0,0
2326/A
1979/ASR
7/20/2017
SFR/D 404 Oregon ST
$1,390,000 /  $1,350,000
$800.23
3/2,0,1,0
1737/A
1964/ASR
7/20/2017
SFR/D 606 W Mariposa AV
$1,229,000
$804.32
3/1,1,0,0
1528/A
1972/ASR
7/21/2017
CONDO/A 123 E Oak AV #108
$608,000 /  $629,000
$484.08
2/2,0,0,0
1256/A
1979/ASR
7/25/2017
SFR/D 519 Eucalyptus DR
$1,900,000 /  $1,890,000
$667.84
4/3,0,0,0
2845/A
1991/ASR
7/26/2017
SFR/D 400 Bungalow DR
$1,412,500 /  $1,449,500
$479.95
6/4,0,0,0
2943/S
1951/ASR
7/28/2017
SFR/D 432 California ST
$1,375,000 /  $1,399,000
$673.36
3/2,0,0,0
2042/A
1954/ASR
8/1/2017
SFR/D 732 W Acacia AV
$1,449,000
$541.88
4/3,0,0,0
2674/A
1978/ASR
8/1/2017
SFR/D 646 Maryland
$1,235,000 /  $1,075,000
$1,189.79
3/1,0,0,0
1038/A
1942/ASR
8/2/2017
SFR/D 834 California ST
$1,050,000 /  $1,000,000
$777.78
3/2,0,0,0
1350/A
1950/ASR
8/3/2017
TWNHS/A 1225 E Grand AV #C
$907,000 /  $879,000
$486.85
2/2,0,0,1
1863/B
2006/ASR
8/7/2017
SFR/D 521 Concord ST
$1,275,000 /  $1,299,000
$1,067.84
2/1,0,0,0
1194/A
1930/ASR
8/8/2017
SFR/D 716 W Oak AV
$1,268,500 /  $1,299,000
$660.68
4/1,2,0,0
1920/A
1958/ASR
8/11/2017
CONDO/A 123 E Oak AV #307
$627,500 /  $629,500
$499.60
2/1,1,0,0
1256/A
1979/ASR
8/15/2017
SFR/D 811 Concord PL
$1,130,000 /  $1,195,000
$1,101.36
3/2,0,0,0
1026/A
1947/ASR
8/22/2017
SFR/D 511 Oregon ST
$1,375,000 /  $1,399,000
$779.48
4/2,0,1,0
1764/SEE
1953/ASR
8/25/2017
SFR/D 423 Virginia ST
$1,603,000 /  $1,490,000
$450.91
4/2,0,1,0
3555/A
1988/ASR
8/25/2017
SFR/D 424 California ST
$1,200,000 /  $1,249,000
$855.31
3/2,0,0,0
1403/A
1957/ASR
8/29/2017
SFR/D 300 W Sycamore AV
$1,300,000 /  $1,299,000
$855.26
3/3,0,0,0
1520/A
1954/ASR
8/29/2017
SFR/D 728 Loma Vista ST
$1,255,000 /  $1,319,000
$482.88
5/2,0,0,0
2599/S
1956/ASR
9/8/2017
SFR/D 676 W Palm AV
$1,485,000 /  $1,499,000
$726.52
4/3,0,0,0
2044/A
2005/ASR
9/13/2017
TWNHS/A 891 Washington ST
$660,000 /  $649,000
$521.74
2/2,0,0,0
1265/A
1976/APP
9/19/2017
SFR/D 1205 E Pine AV
$1,200,000 /  $1,229,000
$852.27
3/2,0,1,0
1408/A
1956/ASR
9/19/2017
SFR/D 427 Valley ST
$1,267,850 /  $1,075,000
$712.28
3/2,0,0,0
1780/A
1930/ASR
9/19/2017
SFR/D 900 E Mariposa AV
$1,280,000 /  $1,299,000
$700.22
3/1,1,0,0
1828/A
1964/PUB
9/19/2017
SFR/D 840 Loma Vista ST
$907,500 /  $919,900
$950.26
3/2,0,0,0
955/O
1949/ASR
9/27/2017
SFR/D 813 Mccarthy CT
$1,075,000 /  $1,155,000
$855.89
3/1,0,1,0
1256/A
1953/ASR
9/27/2017
TWNHS 620 W IMPERIAL AV #2
$1,015,000 /  $999,000
$613.29
3/2,0,1,0
1655/B
2012
9/28/2017
TWNHS/A 826 Main ST #5
$929,900
$535.35
3/2,0,1,0
1737/A
2004/ASR
10/3/2017
CONDO/A 745 Main ST #302
$552,000 /  $589,500
$470.59
2/2,0,0,0
1173/A
1977/ASR
10/4/2017
CONDO/A 950 Main ST #204
$620,000 /  $625,000
$527.66
2/2,0,0,0
1175/A
1982/ASR
10/10/2017
SFR/D 606 Whiting ST
$1,890,000
$633.17
4/1,2,1,0
2985/D
1953/ASR
10/11/2017
604 E PALM AV
$1,099,000
$1,010.11
2/1,0,0,0
1088/A
1948
10/12/2017
SFR/D 1426 E Oak AV
$1,309,500 /  $1,329,000
$728.31
3/2,0,0,0
1798/A
1955/ASR
10/13/2017
TWNHS/A 1345 E Grand AV #D
$805,000 /  $819,000
$564.52
3/2,0,1,0
1426/S
1989/ASR
10/17/2017
SFR/D 203 W Walnut AV
$1,240,000 /  $1,289,999
$953.85
3/2,0,0,0
1300/S
1950/ASR
10/20/2017
SFR/D 227 W Oak AV
$1,685,000 /  $1,799,000
$912.29
4/1,1,1,0
1847/E
1938/PUB
10/23/2017
TWNHS/A 216 Loma Vista ST #D
$825,000 /  $850,000
$579.76
3/3,0,0,0
1423/A
1990/ASR
10/24/2017
TWNHS/A 303 Kansas ST #B
$1,050,000 /  $1,099,000
$517.24
3/2,0,1,0
2030/A
2006/ASR
10/24/2017
SFR/D 654 W SYCAMORE AV
$1,240,000 /  $1,275,000
$1,058.92
2/1,0,0,0
1171/
1950
10/24/2017
CONDO/A 745 Main ST #203
$610,000 /  $629,000
$520.03
2/2,0,0,0
1173/A
1977/ASR
10/27/2017
CONDO/A 900 Cedar ST #211
$560,000 /  $557,000
$475.79
2/2,0,0,0
1177/A
1978/ASR
10/31/2017
SFR/D 1435 E Maple AV
$1,869,000 /  $1,895,000
$739.32
4/3,1,1,0
2528/A
1953/ASR
10/31/2017
SFR/D 501 Eucalyptus DR
$949,000
$1,013.89
2/1,0,0,0
936/A
1953/ASR
11/2/2017
SFR/D 940 Virginia ST
$875,000 /  $909,000
$985.36
2/1,0,0,0
888/A
1938/ASR
11/3/2017
TWNHS/D 1405 Elin Pointe DR
$1,225,000 /  $1,275,000
$542.04
4/3,0,0,0
2260/A
2004/ASR
11/7/2017
SFR/D 206 W Oak AV
$1,250,000 /  $1,175,000
$885.27
3/1,0,0,0
1412/A
1947/ASR
11/14/2017
SFR/D 649 W Oak AV
$1,750,000 /  $1,649,000
$607.22
4/3,0,1,0
2882/A
1952/ASR
11/14/2017
SFR/D 835 California ST
$1,775,000 /  $1,799,000
$694.44
3/3,0,0,0
2556/A
1952/APP
11/16/2017
SFR/D 438 Virginia ST
$1,310,000 /  $1,349,000
$685.50
4/3,0,0,0
1911/AP
1938/ASR
11/17/2017
SFR/D 1419 E Mariposa AV
$1,442,800 /  $1,599,000
$484.81
4/3,0,1,0
2976/A
1989/ASR
11/17/2017
SFR/D 627 W ACACIA AV
$1,150,000
$1,075.77
3/1,0,0,0
1069/
1953/ASR
11/20/2017
SFR/D 810 Virginia ST
$1,549,000
$737.62
4/2,0,0,0
2100/E
1927/ASR
11/22/2017
TWNHS/A 1629 E Palm AV #8
$814,000 /  $819,000
$507.17
3/2,0,1,0
1605/A
1991/ASR
11/28/2017
CONDO/A 215 W Palm AV #208
$650,000 /  $659,000
$572.18
2/2,0,0,0
1136/A
1981/ASR
11/30/2017
CONDO/D 950 Virginia ST #103
$540,000 /  $574,000
$453.40
2/1,1,0,0
1191/A
1981/ASR
12/1/2017
CONDO/A 770 W Imperial AV #77
$536,000 /  $510,000
$533.33
2/1,0,1,0
1005/A
1966/ASR
12/4/2017
SFR/D 1448 Elin Pointe DR
$1,089,000 /  $1,099,000
$551.95
3/3,0,0,0
1973/A
2004/ASR
12/7/2017
SFR/D 945 Sheldon ST
$965,500 /  $1,199,000
$670.49
3/1,1,0,0
1440/A
1952/ASR
12/8/2017
SFR/D 1506 E Maple AV
$1,363,000 /  $1,350,000
$880.49
3/3,0,0,0
1548/D
1953/ASR
12/12/2017
SFR/D 627 Loma Vista ST
$1,750,000 /  $1,790,000
$714.29
4/3,0,1,0
2450/A
2005/ASR
12/13/2017
SFR/D 708 W Palm AV
$999,999 /  $999,000
$921.66
3/1,0,0,0
1085/A
1952/ASR
12/21/2017
CONDO/A 356 Virginia ST #102
$650,000 /  $659,000
$536.75
2/2,0,0,0
1211/A
1981/ASR
12/27/2017
CONDO/A 950 Main ST #307
$585,000 /  $599,000
$497.87
2/2,0,0,0
1175/A
1982/ASR
12/29/2017
SFR/D 710 Redwood AV
$1,395,000
$539.23
4/2,0,1,0
2587/A
1979/ASR
12/29/2017
DPLX/D 837 Penn ST
$1,455,000 /  $1,500,000
$385.43
6/4,0,1,0
3775/A
1920/ASR
12/30/2017

The Biggest El Segundo Home Sale of 2017 – 403 Whiting Street

El Segundo real estate saw home values rise dramatically in 2017. Home values went up over 6% and values should continue to rise in 2018 although likely at a slower pace.

The biggest MLS residential sale of 2017 was a duplex at 403 Whiting Street which was listed at $2,289,000 and sold at $2,155,000. The home sold in February after just 12 days on the market. It was located in the center of El Segundo on a very large 7,000+ foot lot and was built within the last few years.  The property also included a  2 bdr./1 bath cottage built around 1919 with a separate address and its distinct separation from the property.

BED / BATH:  3/3
SQFT:  3,000 (estimated)
PRICE PER SQFT:  $718.33
LOT SIZE: 7,470 sq ft
YEAR BUILT(src):  2015(OTH)
Days on Mrkt: 12

 

 

November 2017 Median Home Prices in El Segundo CA

November 2017 was a solid month for home sales in El Segundo.  There were 19 sold homes in the month at a median home price of $875,000 which was a 5.4% drop from the same month a year earlier.  To see the sold homes in El Segundo visit our recent home sales page.

City Homes Sold November 2017 Median November 2016 Median Year over Year % Change%
Carson 58 $495,000 $455,000 8.8%
El Segundo 19 $875,000 $925,000 -5.4%
Gardena 43 $545,000 $490,000 11.2%
Harbor City 17 $510,000 $415,000 23%
Hawthorne 50 $578,000 $540,000 6.9%
Hermosa Beach 21 $1,414,000 $2,038,000 -30.6%
Lawndale 21 $404,000 $411,000 23%
Lomita 17 $575,000 $580,000 -.9%
Long Beach 322 $525,000 $475,000 10.5%
Manhattan Beach 28 $2,875,000 $2,250,000 27.8%
Marina Del Rey 35 $979,000 $1,150,000 -14.9%
Palos Verdes Estates 30 $1,600,000 $1,825,000 -12.3%
Playa Del Rey 16 $665,000 $635,000 4.8%
Rancho Palos Verdes 47 $1,265,000 $1,250,000 1.2%
Redondo Beach 72 $1,105,000 $878,000 25.8%
San Pedro 69 $530000 $588,000 -9.8%
Torrance 127 $675,000 $632,000 6.9%
Westchester 38 $1,089,000 $1,050,000 3.7%

Winter Wonderland at Dockweiler Youth Center

From the Department of Beaches and Harbors:

Join us for Beach Winter Wonderland at the Dockweiler Youth Center. Bring the whole family to the DYC for this free event and enjoy bouncers, winter activities, and REAL SNOW at the beach!

COST: Admission is FREE!

DATE AND TIME

Sat, December 16, 2017
11:00 AM – 4:00 PM PST

LOCATION

Dockweiler Youth Center 12505 Vista Del Mar
Los Angeles, CA 90293


Happy Holidays from El Segundo Real Estate

From our family to yours we wish you a very Merry Christmas and Happy Holiday season. El Segundo, with it’s small town charm, is a fantastic place to enjoy the holidays. There are numerous events in downtown El Segundo as well as the neighboring South Bay cities of Hermosa, Manhattan, Redondo and Torrance.

El Segundo Home Inspections

Buying a home is one of the most important purchases you will make in your lifetime, so you should be sure that the home you want to buy is in good condition. A home inspection is an evaluation of a home’s condition by a trained expert. During a home inspection, a qualified inspector takes an in-depth and impartial look at the property you plan to buy. The inspector will:

  • Evaluate the physical condition: the structure, construction and mechanical systems.
  • Identify items that should be repaired or replaced.
  • Estimate the remaining useful life of the major systems (such as electrical, plumbing, heating, air conditioning), equipment, structure and finishes.

After the inspection is complete, you will receive a written report of the findings from the home inspector, usually within 1-2 days.

The Bottom Line: Spending Hundreds May Save Thousands  See Also Why You Need A Home Inspection.

When you make a written offer on a home, you should insist that the contract state that the offer is contingent on a home inspection conducted by a qualified inspector. You will have to pay for the inspection yourself, but it could keep you from buying a house that will cost you far more in repairs down the road. If you are satisfied with the results of the inspection, then your offer can proceed.

Finding a Qualified Home Inspector

As the homebuyer, it is your responsibility to carefully select a qualified inspector and pay for the inspection.

The following sources may help you find a qualified home inspector:

  • State regulatory authorities. Some states require licensing of home inspectors.
  • Professional organizations. Professional organizations may require home inspectors to pass tests and meet minimum qualifications before becoming a member.
  • Phone book yellow pages. Look under “Building Inspection Service” or “Home Inspection Service.”
  • The Internet. Search for “Building Inspection Service” or “Home Inspection Service.”
  • Your real estate agent. Most real estate professionals have a list of home inspectors they recommend.

Home Inspections Are Not Appraisals

A property appraisal is a document that provides an estimate of a property’s market value. Lenders require appraisals on properties prior to loan approval to ensure that the mortgage loan amount is not more than the value of the property. Appraisals are for lenders; home inspections are for buyers.

Real Estate in Hawthorne CA

Welcome to Hawthorne, California

Lying just east of Manhattan Beach, the city of Hawthorne offers an affordable alternative to the higher priced homes of neighboring Manhattan Beach, Hermosa Beach and Redondo Beach. With many charming tree lined neighborhoods, proximity to shopping and the beach, and easy freeway and downtown access, Hawthorne is a great place to own a home. Hawthorne offers a variety of housing options from the typical 3 bedroom 1 bath single story house to brand new townhomes in projects such as Fusion adjacent to Manhattan Beach’s Liberty Village area and in close proximity to many Fortune 500 companies and employers such as Lockheed, Northrup, Mattel, and the Aerospace Corporation. Find homes in the neighborhoods of Hawthorne including Hollyglen, Bodger Park, Del Aire, Wiseburn and more.

Real Estate and General Information  –  View Current Homes for Sale in Hawthorne

Your online resource for Hawthorne, California homes and real estate. Find your home in Hawthorne with our simple targeted home search or find all South Bay homes with our free MLS access. If you are looking to buy or sell a home or investment property in Southern California….we can help. Find out why we should be your Hawthorne Realtors®.

About Hawthorne

Happy Thanksgiving from El Segundo MLS

From our family to yours….we wish you a very happy Thanksgiving

El Segundo and South Bay Open Houses

Take a look at the list below to see this weeks open houses in El Segundo and the South Bay

What are El Segundo Pocket Listings and How Do You Find Them?

In this incredibly competitive market many homes are not even making it to the market.   So how do you find out about these homes in El Segundo and the South Bay?  First it’s important to understand just what we’re talking about.

What does off market or a pocket listing mean?

It can actually mean a few different things but in general, when we refer to homes sold off market or pocket listings these are homes that are never put on the MLS and therefore unknown to most buyers and many realtors.  That means that searching the Redfins and Zillows of the world may mean that you’re not aware of these types of opportunities.

Why would an El Segundo homeseller want to sell the home off market?

In general it’s not a great idea.  Fewer buyers that know about the home usually means less competition and ultimately a lower sales price.  That’s certainly not always the case but usually accurate to some extent.  Sellers have many reasons for not wanting to put their home on the market.  It may be due to privacy reasons such as not wanting the neighbor or even the tenant know that the home is for sale.  It may be that they don’t want to deal with some of the hassles that come along with listing a home…..buyer’s and agents that want to show the home at all hours, open houses on the weekends and more people simply curious with few legitimate buyers.  Whatever the reason it does limit the exposure and again usually limits the price.

That’s why it can be a good opportunity for buyers….less competition, fewer bidding wars which generally leads to a lower sales price.

How do I find out about these homes?

Unlike the MLS listings, off market, upcoming and pocket listings are much more elusive.  The key is to work with an agent that has deep connections in the El Segundo community and market.  Some of the top realtors in certain areas may share information on these hard to find opportunities and the larger or more numerous the seller and agent networks, the more information the agent can obtain.

We are happy to help you find off market homes but this requires a good deal of work, considerable communication with sellers and agents and a readiness to act should the right home come available.  If you would like us to help find off market opportunities please feel free to text us at 310-251-2344 or email us with the details of your home search.