While it’s been an incredible real estate market in the gated community of Fusion, this latest listed is really going to be an indication as to whether home prices can
reach a price point never seen before. Given that the highest price a 3 bedroom unit that has sold was the recent sale of 5402 #7 at $998,000 this latest listing at $1.1M is going to show whether Fusion is ready for homes in the $1.0M range.
It was only a year ago that a 3 bedroom had never even sold in the $900,000s. Given that 5509 #6 is the only home currently active and on the market you just never know, but with another 3 bedroom (g floorplan) priced at $949,000 and in escrow it’s definitely a challenge.
The home itself is in a very nice location in the community but is generally a “base” unit in which they did not have any builder upgrades at the time and don’t appear to have done much upgrading. When the units were built buyers had the ability to upgrade items like hardwood floors, granite kitchen counters, etc and most of those are the entry level finishes offered at the time.
The J layout is the larger of the 2 three bedroom layouts with a listed 1,790 square feet (builder records indicate 1,790 feet…..tax records show 1,660….this is the same for all of the J units and not uncommon for condos). The J floorplan is the only layout in all of Fusion in which all living spaces are on one level. The only challenge is that it has several flights of stairs from the garage to get to the level but once there everything is a single level which is fantastic. As with all Fusion homes this one has air conditioning and is in the award winning Wiseburn School District. This home is in very great condition with a beautiful kitchen and some nice upgrades. Fusion is located just east of Manhattan Beach in the Hawthorne neighborhood of Hollyglen.
Contact Fusion real estate specialist Keith Kyle for more information or to set up a private tour.
5509 W 149th Pl Unit#6, Hawthorne, CA 90250 – Priced at $1,100,000
Listing courtesy of PNatalia Barbachkova – Rodeo Realty 818-761-7222
highly sought after community of Hollyglen in the city of Hawthorne. Take a look at the homes that sold in this charming area during the first month of 2021. It was a pretty solid, although slower, month especially given that December is often a down month for homes going into escrow. There were 9 homes sold during the month. The median “list” price was $850,000 with the median “sold” price at $865,000 indicating a very solid “seller’s” market. The median price per foot of the homes that sold was $703. Of the 9 closed sales only one was in