Communities Archives - El Segundo Real Estate and Homes for sale

Is El Segundo Ready for $2.0M+ homes?

By Keith Kyle

El Segundo is a fantastic little town that has a small town feel that most areas can’t duplicate. While there are an abundance of townhomes and condos, the bulk of the homes are some version of the original beach bungalow. Many have been nicely updated and expanded while some are in fairly original condition.

Unlike neighboring Manhattan Beach, El Segundo hasn’t seen quite the same building boom creating oversized luxury homes and there are several reasons. The primary reason is that values, while having gone up considerably in the past 2 years, haven’t rocketed upwards to the same extent and builders eager to build high end luxury properties may not see the margins and are searching elsewhere.

View the current homes for sale in El Segundo priced over $2,000,000

So will El Segundo see an increase in luxury $2,000,000 homes? It still appears unlikely other than the rare case of a truly special home on an oversized lot in an A+ location. There will be a limited amount of homeowners that simply love El Segundo that build their dream house and at some point those homes will be sold, but it’s very unlikely we’ll see too many luxury spec homes built as the cost of lots/tear down homes, plus the cost of building makes for a challenging investment.

in Communities, El Segundo Home Sellers, Homes for sale Posted by ktkyle

Lyon Homes Beginning to List 360 South Bay Homes on the MLS

By Keith Kyle

**Update**All new construction homes have been sold and Lyon Homes in no longer involved. There are homes for sale as resale units but there are no longer new construction units. Please contact us for information on the homes for sale.

In a shift from their previous sales strategies, William Lyon Homes are now starting to list many of their new construction properties on the local MLS making it easier to see and purchase with the use of a realtor. Until now all new home sales were done through the Lyon Homes sales office as “buyers agents” were not involved and a realtors involvement often ended at bringing the prospective buyer through the community for an initial visit. While they are still keeping the role of the buyers agent to a minimum, listing the homes on the MLS has been a definite shift in policy.

360 South Bay is a newly constructed gated community in the Hollyglen neighborhood of Hawthorne CA and offers new and newer homes with a great community feel, fantastic ammenities and is located in the award winning Wiseburn School District.

View information on 360 South Bay including models, floorplans and more.

In addition to the new construction and upcoming construction, there are a number of resale units that have always been handled like normal real estate transactions with a buyers and sellers realtor involved.

View the current homes for sale in 360 South Bay available on the local MLS

in 360 South Bay, Condominiums in El Segundo, El Segundo Townhomes, Hollyglen and Del Aire, MLS Search Posted by ktkyle

Where did all the homes in Fusion go?

By Keith Kyle

It seems that nobody is selling in Fusion these days which is a bit unusual as so many owners in the complex weathered some tough years and homes are once again nearing the peak. As a realtor who frequently sells homes in this great community, it’s always a challenge when the inventory is this low as there’s simply nothing to sell. Fusion has always been a very unique market as there are often either too many homes on the market, and they all sit until the first one sells (and then they seem to go like dominoes) or there’s no homes on the market. The appeal of Fusion is the combination of price, location, and age which makes them a great value. Built in 2006 and 2007, they sit just east of Manhattan Beach but at dramatically lower prices. Most buyers often start their searches in Redondo Beach or El Segundo, but after looking at what $550,000 or so gets them in those towns, they opt for the very new, very well located Fusion townhomes.

So what’s an interested buyer to do?

The first aspect is to find an agent that frequently sells in Fusion as they may have the inside track into upcoming and off market possibilities. There are 4 or 5 realtors that work fairly extensively in this gated community.
Be patient. As I mentioned above Fusion is a unique market that seems to go in waves. It won’t be too long before there are several listings
Consider the condos, townhomes, and single family homes at 360. Another alternative is the community known as 360 which is just a bit north. Contact us for more information as there are new homes as well as resale listings.

in Condominiums in El Segundo, El Segundo Townhomes, Fusion South Bay, Hollyglen and Del Aire, Homes for sale, Housing Inventory, Off Market Home Listings, Pocket Listings Posted by ktkyle

September 19, 2014March 21, 2023

A number of El Segundo Open House for Sept 20th and 21st

El Segundo doesn’t generally see too many open houses as home inventory is down and it’s a fairly small town with few homes for sale in the best of markets. This weekend sees more than usual with several advertised open houses. See the list below for El Segundo and the South Bay. If you’re seeing this post after the September dates please visit our South Bay open houses site for updated homes for sale and schedules.

in Communities, El Segundo Home Sellers, Homes for sale, New Listings Posted by ktkyle

September 17, 2014March 22, 2023

Location a Critical Factor in El Segundo Real Estate

El Segundo is a fantastic community oriented city in the South Bay. It offers a great small town feel, charming downtown and Main Street areas, award winning schools and proximity to the beach. From a real estate perspective, however, parts of El Segundo do have their challenges….and it’s all about the location.The challenge El Segundo has is that it happens to have some less than appealing neighbors. Directly to the north lies LAX, or Los Angeles International Airport. To the west lies the Hyperion Waste Water Treatment Plant. To the south lies the Chevron Oil Refinery (although the areas nearest to the refinery of primarily commercial) and to the east is a relatively busy, but nice commercial and retail corridor with high rise buildings, hotels and strip malls. Although each area may require some compromise on the part of buyers, each does offer lower prices than the neighborhoods in the center of town. If you’re working with a realtor, make sure that they are familiar with El Segundo and can offer insight into just what the various neighborhoods are like.

El-Segundo-surroundings-map

in Communities, MLS Search, Search for Homes Posted by ktkyle

12 New Townhomes in El Segundo in High Demand

By Keith Kyle

Last month we wrote a market update and explained how the number of homes available for sale in El Segundo had jumped a bit due to the recent completion of 12 new townhome units on the corner of Pepper and Walnut. The demand for these new units was in full force as all but 3 of the units are now in escrow or under contract. The townhomes ranged in price between $789,000 to $849,000. All were 3 bedroom 2.5 bath estimated at 1900 square feet. and fairly ideally located near Main Street and downtown El Segundo.

See the MLS information for the new townhomes in El Segundo

in Communities, Homes for sale, MLS Search, New Construction Homes, New Listings Posted by ktkyle

Communities

Is El Segundo Ready for $2.0M+ homes?

Lyon Homes Beginning to List 360 South Bay Homes on the MLS

Where did all the homes in Fusion go?

A number of El Segundo Open House for Sept 20th and 21st

Location a Critical Factor in El Segundo Real Estate

12 New Townhomes in El Segundo in High Demand

See the MLS information for the new townhomes in El Segundo

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