Latest Fusion South Bay Real Estate News

It’s been a busy market in Fusion with a number of new listings, new escrows, price changes and closed sales. Here’s the latest:

  • 5507 #11 – This is a 3 bedroom J floorplan which is usually very rare but when this hit the market late in August this was the 3rd J unit on the market.  This beautiful home went into escrow quickly and is scheduled to close escrow on September 28th.  List price was $847,500
  • 5512 #11 – This was another 3 bedroom J floorplan that was initially listed at $850,000.  When 5507 was put on the market this home was reduced to $835,000.   They had an offer but the seller decided to pull it off of the market and it’s no longer available.
  • 5404 #10 – This is one of the smaller “B” 2 bedroom units currently active on the market and priced at $675,000.  We believe they’ll have multiple offers and it will be in escrow shortly.
  • 5403 #4 – This is a larger 2 bedroom originally priced at $815,000 and recently reduced to $799,000 and is still active.  It’s a nice unit that faces the interior.
  • 5507 #9 – This is another smaller “B” floorplan that was a relocation.  It sold quickly with multiple offers and is currently pending
  • 5400 #7 – This was yet another 3 bedroom “J” floorplan unit that faced the interior but was towards the end of the complex.  It came out at a fairly huge number of $880,000 and quickly went into escrow.  The unit will close this week at a record sales price for the community.

For more information on all of these visit the current Fusion South Bay listings, or see the recent sales activity in this gated community.

Multiple Open Houses in Fusion South Bay 8/25 and 8/26

BUILDING YOUR DREAMS
ONE HOME AT A TIME

KEITH KYLE

proudly presents 

BEDROOMS   |   3  BATHS  |  1,790 SQ FT HOME (BTV)

   

 OFFERED AT $847,500

   

PUBLIC OPENS
SAT. & SUN., 1-4PM
   
Beautiful and rare 3 bedroom “J” floor plan in the gated community of Fusion South Bay 
KEITH KYLE
REALTOR® | DRE# 01712785

 

FacebookTwitter

 

Our Newest Fusion Listing – Beautiful 3 Bedroom “J” Layout

  • 5507 W 149th Place #11
  • 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

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. 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.

What Makes Fusion South Bay Townhomes Unique?

Fusion South Bay is a rarity in the South Bay.  With undeveloped land almost unheard of there are simply no places to build new housing developements.  While new construction single family and small townhome complexes are all the rage in this hyper active real estate market, larger complexes are a different animal altogether.

Fusion South Bay was built on former industrial land and, along with 360 South Bay, offers one of the only newer community in the area.  What makes Fusion so ideal is the combination of location (just east of Manhattan Beach and a short drive to the beach) price, and age.  As the homes were built around 2006 and 2007 they offer the feel of new construction with contemporary architecture and many of the updated features that home buyers are looking for such as air conditioning, granite counters, open layouts and more.

Location:  Fusion South Bay is located close to very high priced neighborhoods of Manhattan Beach and Redondo Beach.  In addition to feeling like they’re a part of these coastal towns, the complex also offers much better commuting options as it’s closer to freeway access than the Beach Cities.  Another fantastic aspect to Fusion is that it sits in the Hollyglen area of Hawthorne but unlike much of Hawthorne, it offers access to the award winning Wiseburn School District

Price:  Fusion is a great alternative to neighboring communities as you get far more for your money.  Something of a similar age in Redondo Beach could be $150K or more higher than Fusion.  As of this post the smallest 2 bedrooms which are the A and B floorplans start in the low $600,000 with the larger 3 bedroom J units selling over $800,000.  Homes in 360 South Bay are priced well above that and HOA dues in Fusion are also considerably less at just around $200 a month.

Age:  While there are plenty of new 2 and 3 on a lot townhomes in Redondo Beach the prices for those units have reached an all time high.  Fusion condos and townhomes gives that same feeling of mondern construction as a much lower price.  While each home is different with some builder upgrades in most but not all, the homes still have all of the modern features most people are looking for.

For buyers feeling priced out of the South Bay cities of Manhattan Beach, Hermosa, El Segundo and Redondo Beach, Fusion South Bay is a great alternative.

See the current Fusion homes for sale or contact us for more information about this great community.

All of the Sudden Some Homes on the Market in Fusion South Bay – 4/28/18

We haven’t seen much on the market recently in Fusion South Bay, one of the South Bay’s only relatively newer construction communities. There’s been a jump this past week with three new listings ranging from the smallest A floorplan up to the larger 3 bedroom. View all of the Fusion floorplans here. The prices are still reaching new heights with the A floorplan priced at $649,000 although the 3 bedroom was priced below the prices of the most recent comps both selling over $800,0000.

Current Fusion listings and pending home sales

How Do Fusion Home Prices Compare with 360 South Bay

360 South Bay and Fusion South Bay are two of the premier gated communities in the area.  Both communities are fairly new with 360 generally being built around 2012-2013 and Fusion being built around 2006.  New construction with ammenities that today’s buyers are looking for are very hard to find in a similar price range in the neighboring communities.  Both neighborhoods appealed to buyers that wanted the lifestyle of Manhattan or Redondo but couldn’t afford it.  Although todays buyers seem to be more focused on one or the other, they have long appealed to the same buyers.

View the current homes for sale in 360 and the current homes for sale in Fusion

The charts below show of the basic real estate market information.  It’s not always an apples to apples comparison as 360 offers everything from studio condos to large 4 bedroom “single family” style detached homes.  Fusion on the other hand offers 2 and 3 bedroom townhomes.  If you’re considering either community here are the basics:

Fusion 2018 (as of 4/18/18)
360 South Bay 2018 (as of 4/18/18)
5 homes on the market (2 active)
16 homes on the market
Average  per foot $577.79
Average  per foot $546
Median per foot $588.71
Median per foot $5555
Average price $783,333
Average price $925,813
Median Price $805,000
Median Price $845,000
Highest Sale $815,000
Highest Sale $1,199,000
Lowest Sale $649,000*
*currently active listing
Lowest Sale $698,000
Fusion 2017
360 South Bay 2017
18 homes on the market
65 homes on the market
Average  per foot $553.65
Average  per foot $504
Median per foot $552.70
Median per foot $501
Average price $687,628
Average price $842,485
Median Price $694,950
Median Price $808,000
Highest Sale $814,900
Highest Sale $1,260,000
Lowest Sale $589,000
Lowest Sale $525,000

March 2018 Fusion Update – 2 Pending Sales, One Recent Close and No Active Listings

The trend of extremely low housing inventory in Fusion South Bay continues with March 2018 starting and no active homes for sale in one of the Beach Cities only gated communities.  If you would like to be notified when a new Fusion South Bay home hit’s the market tell us about your search and we’ll be happy to help.

*The homes below may be represented by other realtors. We are providing the following listings as a service to our clients and web visitors

Why are there no homes for sale in Fusion South Bay?

The demand for homes in Fusion South Bay is fairly unbelivable at the moment.  The very few listings that come on the market seem to sell very quickly and are often at record prices, so why aren’t more owners selling their homes?

There’s no really easy answer to that.  Many owners and residents decide to hold on to Fusion properties as rentals once they’ve moved out.  There is a very strong rental market in Fusion due to the location, the fact that it’s gated, the Wiseburn School District, and the fact that it’s a fairly low effort place to live.

If you’re looking for a home in Fusion there will be some that come on the market, but if the past year was an indication it may be a while before we see any real increase in the inventory and available homes.

See the current listings in Fusion.

2017 – Fusion Townhome Sales Year in Review

What an incredible year it was in the gated community of Fusion South Bay.  Demand for these newer townhomes remained heated and homes prices reflected that with home values skyrocketing.  The influx of demand from nearby tech companies such as Google, Yahoo, Spacex and more added to the already strong demand.  Fusion, along with 360 South Bay, are two of the only recently built gated communities with such and ideal location and are a great alternative for buyer’s looking for Redondo or Manhattan Beach.  Below are all of the home sales in Fusion for 2017.  As of this post there are currently no active homes for sale in Fusion but check our current Fusion South Bay listings page as it’s continually updated or sign up for FREE listing updates and never miss a new listing again.

Address Sale Price/List Price Price Per Ft Bed/Bath Sq Feet Days on Mkt Sale Date
5406 W 149th PL #11 $570,000 / $590,000 $570.00 2/2,0,0,0 1000/ 88/88 01/06/17
5514 W 149th PL #11 $750,000 $418.99 3/2,0,1,0 1790/A 0/0 01/26/17
5403 W 149th PL #4 $720,000 / $719,000 $525.55 2/1,1,1,0 1370/A 58/58 02/23/17
5512 W 149th PL #3 $728,000 / $725,000 $516.31 2/3,0,0,0 1410/A 42/42 02/24/17
5514 W 149th PL #8 $582,000 / $589,000 $545.45 2/2,0,0,0 1067/S 3/150 03/06/17
5512 W 149th PL #12 $760,000 / $759,000 $503.31 3/2,0,0,0 1510/B 41/41 03/21/17
5510 W 149th PL #4 $732,500 / $720,000 $534.67 2/1,1,1,0 1370/A 4/4 04/27/17
5406 W 149th PL #9 $589,000 $571.84 2/2,0,0,0 1030/ 7/7 06/15/17
5510 W 149th PL #6 $809,900 / $814,900 $452.46 3/2,0,1,0 1790/B 67/67 07/05/17
5403 W 149th PL #14 $740,000 / $730,000 $524.82 2/3,0,0,0 1410/A 9/9 07/18/17
5511 W 149th PL #16 $669,900 / $649,000 $603.51 2/2,0,1,0 1110/A 5/5 08/02/17
5403 W 149th PL #8 $630,000 / $629,000 $611.65 2/2,0,0,0 1030/A 6/6 08/29/17
5510 W 149th PL #8 $593,000 / $595,000 $555.76 2/2,0,0,0 1067/SEE 3/3 09/08/17
5401 W 149th PL #13 $772,500 / $774,900 $563.87 2/3,0,0,0 1370/A 7/7 09/14/17
5512 W 149th PL #8 $645,000 / $620,000 $626.21 2/2,0,0,0 1030/B 6/6 10/05/17
5507 W 149th PL #7 $665,500 / $629,900 $665.50 2/2,0,0,0 1000/A 7/7 11/15/17
5514 W 149th PL #8 $645,000 / $640,000 $626.21 2/2,0,0,0 1030/A 18/18 12/12/17
5509 W 149th PL #3 $775,000 / $779,000 $549.65 2/1,1,1,0 1410/A 40/40 12/26/17

 

If You Have Considering Selling Your Home in Fusion….There Has Never Been a Better Time

Realtors are pretty well known for trying to create a sense of urgency.  Statements like the above are pretty common but sometimes they are very true.  As of January 4th there are no homes for sale in Fusion South Bay and the demand has only increased over the past 2 years as neighboring Manhattan Beach, El Segundo, Redondo and 360 South Bay values have risen sharply.

Of the past 4 sales in Fusion, 3 sold over the list price and the 4th sold only slightly below their list price.

Prices rose throughout the year in Fusion and continue to rise.  As an example the A and B floorplans were selling in the $575,000 range at the beginning of 2017 and by the end of the years the same floorplans were consistanly selling well into the mid $600,000.  With tightened supply comes and even greater demand.  We are contacted by several buyers a week looking for something in the community.  If you are considering selling your home, contact us or find out what your Fusion towhome is worth in today’s real estate market.

2017 Sales of A and B units in Fusion

Address Sale Price/List Price Price Per Ft Bed/Bath Sq Feet Days on Mkt Sale Date
5406 W 149TH PL #11 $570,000 / $590,000 $570.00 2/2,0,0,0 1000/ 88/88 01/06/17
5514 W 149th PL #8 $582,000 / $589,000 $545.45 2/2,0,0,0 1067/S 3/150 03/06/17
5406 W 149TH PL #9 $589,000 $571.84 2/2,0,0,0 1030/ 7/7 06/15/17
5403 W 149th PL #8 $630,000 / $629,000 $611.65 2/2,0,0,0 1030/A 6/6 08/29/17
5510 W 149th PL #8 $593,000 / $595,000 $555.76 2/2,0,0,0 1067/SEE 3/3 09/08/17
5512 W 149th PL #8 $645,000 / $620,000 $626.21 2/2,0,0,0 1030/B 6/6 10/05/17
5507 W 149th PL #7 $665,500 / $629,900 $665.50 2/2,0,0,0 1000/A 7/7 11/15/17
5514 W 149th PL #8 $645,000 / $640,000 $626.21 2/2,0,0,0 1030/A 18/18 12/12/17

**We are not directly affiliated with Fusion at South Bay. Homes and units are all individually owned. We represent many buyers and sellers in the community but the homes for sale and past listings may be represented by other real estate professionals