It’s a Frenzy in Fusion

By Keith Kyle31 fusion complex

The torrid home market in Fusion South Bay continues to amaze with any new listing being quickly snatched up and almost all of the recent sales having multiple offers and selling for well over the asking price.  Since the beginning of October there have been 3 closed sales with my “A” unit listing listed at $530,000 and selling for $547,000, a “B” unit listed at $519,000 and closing at $545,000 and a “D” model with no upgrades listed at $585,000 and selling at $611,000.  Those are fairly astounding numbers and the trend shows no sign of slowing down.  Currently there are 5 units in escrow and all scheduled to close at very large and above previous peak numbers.  What makes Fusion townhomes so highly sought after is the combination of affordability for the location (just east of Manhattan Beach, gated community living, recent construction (2006 and 2007) and all of the features that come along with it, and the highly rated Wiseburn School District.

Fusion_South_Bay_November_2015

Hollyglen Real Estate Not Much of a Secret Anymore

By Keith KyleHollyglen Real Estate

I’ve often told my clients that Hollyglen, a small pocket of Hawthorne that sits west of the 405 and north of Rosecrans, is a great alternative to Redondo Beach and Torrance.  It’s long been somewhat of a secret and even locals hadn’t heard of it.  One of the key things that changed that was the advent of the Wiseburn School District, a highly rated charter school system with very high test scores and some of the nicest campuses in all of the South Bay.

I’ve always liked Hollyglen as it has a very “West Torrance” type of feel with tree lined streets, homes that are well kept and updated, schools and parks within walking distance and a somewhat private feel due to the location.  Another aspect that makes it even more appealing is the proximity to freeways, major employers including Mattel, Chevron, Northrup and a number of other aerospace companies.

Recent home prices indicate that the secret is clearly out.  What had recently been a lower priced alternative to Torrance and even north Redondo, now is priced at similar numbers.  Recent sales show that the target prices for sellers is around $700 for an entry level single family.  There are occassional “deals” but those often receive multiple offers and end up well over list price.

Most homes in the neighborhood range between 1100 sq ft and 1400 sq feet with 3 bedrooms and 2 baths.  Most have been nicely updated but still have that original beach bungalow charm.

To learn more about the wonderful “secret” neighborhood of Hollyglen, contact us or click on the link above to see pictures, details and the current listings in this South Bay neighborhood.

Hollyglen in Hawthorne CA – Great Alternative to Homes in Redondo Beach

By Keith Kyle hollyglen homes for sale

Welcome to The Hollyglen and Del Air neighborhoods of Hawthorne

The neighborhoods of Hollyglen and Del Aire, located in Hawthorne CA,  are a fantastic option for those who find themselves priced out of the Redondo Beach real estate market. Employees of the surrounding industrial parks such as Hughes, Aerospace, Honeywell, Northrop, Xerox, are also attracted to the short commute to work. To the rest of California, even to many South Bay residents, the area of Hollyglen and Del Aire is a well-kept secret.

Lying to the east of Manhattan Beach and south of El Segundo, Hollyglen is bounded on the north by El Segundo Boulevard, on the south by Rosecrans Avenue, on the east by the San Diego Freeway and on the west by Aviation Boulevard.
View Wiseburn School District information.

Find your home in Hollyglen and Del Aire 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.

Current Hollyglen and Del Aire Listings


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Fusion townhomes show just how the market has changed

Often when we look at the broader world of the real estate market it’s hard to notice just how dramatic a shift can be. It’s equally amazing just how quickly we forget the market we just left…as if we’ll never be back. I focus much of my attention in terms of marketing, selling and blogging about a small gated community in the Hollyglen known as Fusion South Bay. It’s just a pocket of newer townhomes in the South Bay but nowhere have I seen a more drastic turnaround and the implications it has had. I sold a few units at the height of the market and have struggled with the fact that values went down so dramatically and so quickly. As they were constructed in 2005-2007 almost every buyer was truly buying at the peak of the market. The result was a % of short sales and foreclosures not seen anywhere else in the area. Less than a year ago almost 75% of the closed sales were short sales and values plummeted. I showed most of them and, at the time, I almost felt as though you couldn’t give them away….no buyer motivation, no sense of urgency and most of those buyers are probably now kicking themselves. It was truly a buyers market.

Just a year later and oh how the real estate world has changed. Units that had been in the low $300,000s are now in the mid to high $400,000s and buyers are lining up for the next owner that decides to sell.   At the moment the one 2 bedroom home for sale, the smallest floor plan in Fusion, is listed at the same price that a 3 bedroom sold for just a year earlier.  Those clients that had bought a few years back are once again looking good and those that didn’t purchase at the bottom when they had the chance are certainly wishing they had. In one short year this micro market has gone from barely being able to give away these townhomes, to having buyers and agents eagerly searching off market for the chance to own one.

My how quickly things change and how quickly we forget where we just were.

 

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(all data current as of 11/30/2021)

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Hollyglen Real Estate Sales way up and Inventory On the Rise

One of the best kept secrets in the South Bay is the neighborhood of Hollyglen, a small pocket of Hawthorne just west of the 405 freeway.  The neighborhood has it’s own award-winning school district and has a friendly and quiet feel that rivals the Torrance neighborhoods of Southwood and West Torrance.  The biggest challenge for buyers over the past few months has been the lack of inventory and quickly rising prices.  That may be changing, however, with a significant increase in the available homes.  At the moment there are 7 single family homes available in the Hollyglen and Del Aire areas (all west of the 405 which has significant value differences from the area east of the 405) and a whopping 17 homes currently in escrow.  This in a market that has recently seen only a trickle of available homes. Below are the current listings as of May 7th 2013.  For the most up to date list visit our Hollyglen real estate site.

Hollyglen Homes for Sale
Pending single family home sales.

ML# Type   Address Type  Price  Br/Ba Year Sq Feet
SR12134440 SFR/D 5330 126th ST  Shortsale  $            499,000 3/2,0,0,0 1950/ASR 1410
SB13049857 SFR/D 5424 118th ST  STD  $            559,000 3/2,0,0,0 1942/ASR 2020
SB13059784 SFR/D 5511 141st ST  STD  $            599,000 3/2,0,0,0 1954/ASR 1358
SB13079809 SFR/D 5253 140th ST  STD  $            599,000 3/1,1,0,0 1955/ASR 1453
SB13003455 SFR/D 5431 142nd PL  STD  $            649,000 3/2,0,0,0 1954/ASR 1527
SB13069270 SFR/D 5430 134th ST  STD  $            669,000 3/1,1,0,0 1955/ASR 1640
SB13078751 SFR/D 5521 134th PL  STD  $            679,000 3/1,1,0,0 1955/ASR 1885
SB13022706 SFR/D 5503 133rd ST  STD  $            829,000 3/2,0,1,0 1955/ASR 3230
13659135 SFR/D 5448 122ND ST  STD  $            975,000 4/4,0,0,0 2006/BLD 2693
13661003 SFR/D 5332 119TH ST  STD  $            395,000
41306
1941
1029
SB13049943 SFR/D 5338 119th PL  STD  $            499,000 2/1,0,0,0 1941/APP 829
S12090019 SFR/D 5552 123rd PL  Shortsale  $            525,000 4/2,0,0,0 1950/ASR 1802
SB13074619 SFR/D 5351 123rd PL  STD  $            525,000 3/1,0,1,0 1950/ASR 1082
SB13075542 SFR/D 5525 122nd ST  STD  $            539,000 3/1,0,0,0 1950/ASR 1091
SB13073743 SFR/D 5308 123rd PL  STD  $            599,500 3/2,0,0,0 1950/ASR 1370
SB13070069 SFR/D 5349 127th ST  STD  $            629,000 3/2,0,0,0 1950/ASR 1578
PV13048265 SFR/D 13210 Clyde Park AV  STD  $            635,000 3/2,0,0,0 1955/ASR 1124

Current Hollyglen and Del Aire Home Listings on the MLS.

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(all data current as of 11/30/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Hot Real Estate Market in Hollyglen

The month of February 2013 saw a big number of home sales in the Hollyglen and Del Areas of Hawthorne, CA with 12 homes sold.  Of the 12 homes sold  8 were single family homes with 4 being condos or townhomes in the 360 South Bay complex or the Fusion South Bay.  One of the homes was a bank owned property with all others being standard sales.  Hollyglen is a wonderful somewhat “secret” neighborhood in Hawthorne CA located west of the 405 between Rosecrans and El Segundo Blvd.  It has a wonderful community feel and it’s own award winning school district, Wiseburn, that it shares with parts of Del Aire, another neighborhood of Hawthorne CA that sits east of the San Diego freeway.  Click to view the current Hollyglen and Del Aire homes for sale as well as recent Hollyglen home sales.  Below is a full list of February home sales in the Hollyglen and Del Aire areas.

MLS # Type   Address Sale Type  Price  Br/Ba Year Sq Ft
SB13007642 SFR/D 5003 124th ST  STD  $333,000 3/1,0,0,0 1944/ASR 1008
SB12147438 SFR/D 4812 135th ST  STD  $340,000 3/1,0,0,0 1947/ASR 996
SB13002610 SFR/D 4832 136th ST  STD  $345,000 2/1,0,0,0 1951/ASR 815
12641579 SFR/D 5132 140TH ST  REO  $353,000 41334 1943 1308
12625657 CONDO 12825 CITY DRIVE DR #104 STD  $455,000 2/2.5 2011 1367
13645607 CONDO 5403 149TH PL #4 STD  $465,000 41308 2007 1370
12634171 TWNHS/A 5433 OCEAN #101 STD  $560,000 3/2,0,1,0 2010 1843
SB12153400 SFR/D 5314 141st ST  STD  $599,000 3/1,0,1,0 1955/ASR 1098
SB13003669 TWNHS/A 5427 Marine AV  STD  $600,000 4/3,0,1,0 1994/ASR 2076
SB13004136 SFR/D 5355 124th PL  STD  $607,500 3/2,0,0,0 1950/ASR 1447
SB12149190 SFR/D 5540 139th ST  STD  $610,000 3/1,1,0,0 1954/ASR 1447
SB12149068 SFR/D 5426 139th ST  STD  $657,750 3/1,1,0,0 1954/ASR 1594
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