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8 of 11 Homes in El Segundo Ever Sold Over $2.0M Have Been in 2016*

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By Keith Kyle340_Via_Colusa_front6 copy

If you need any evidence that prices are sky high in El Segundo just look towards the luxury market.  It wasn’t long ago that we wrote a post on whether El Segundo was ready for $2,000,000 homes and it seems that it’s relatively commonplace just 12 months later.  As of July 17th there are 3 single family homes in El Segundo priced over $2,000,000.  In the nearby luxury real estate markets of Manhattan Beach and Hermosa Beach this wouldn’t be unusual but in El Segundo it’s fairly unbelievabe. It’s certainly due, in part, to many buyers being priced out of the South Bay and their money goes much further in El Segundo.  In addition there is a pending sale and 4 closed sales in 2016 priced over the formerly unheard of $2.0M mark.
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In 2016 we’ve seen 4 $2.0M+ homes plus the one home in currently in escrow (as of 7/16/16)

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*Statistics based on MLS sales of single family homes.

Super Charming Beach Bungalow Near Downtown

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By Keith Kyle116-Pine-El-Segundo

We thought that this recent listing was definitely worth a look as it’s full of charm and nicely remodeled. Located at 116 E. Pine the home was updated throughout and the only real challenge is it’s proximity to Main Street.  It’s a very cute 3 bedroom 1 1/2 bath home with just under 1300 square feet.

See all property details of 116 E. Pine in El Segundo

ML#:   SB15057944 
APN:   4135004026 
Orig. List Price:   $869,000 
Price Per Sqft:   $675.74 
County:   Los Angeles 
Property Type:   Single Family Residence (D) 
Bedrooms:   3 
Bath(F,T,H,Q):  1,0,1,0 
Sqft (Src):   1,286 (Assessor’s Data) 
Ac/LotSqft (Src):   0.08/3,500 (A)  
A/C: Yes

Charming Home Hits the Market at 841 Loma Vista

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One of the nice aspects of El Segundo is that, unlike some of its neighbor cities to the south, it still retains a small town feel.  One of the reasons forEl Segundo Home this is that instead of every “beach bungalow” being torn down and replace with mini mansions that overwhelm the smaller lots, many homes are updated and upgraded and have their original charm.  841 Loma Vista is one of these.

Click here to view the details and photos of 841 Loma Vista in El Segundo CA

 

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