Fusion South Bay real estate and townhomes for sale

Fusion South Bay Real Estate and Homes for Sale

Off Market Rental – 2 bed/2 bath Upgraded “A” Unit at 5403 W 149th #10

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Beautiful “A” floorplan with upgrades throughout.  Available starting 3/15 this turn key condo is located in the wonderful gated community of Fusion South Bay.  Built in 2007 this bright and open home still has the look and feel of new construction and is ideally located in the heart of the South Bay.  Features include an open kitchen with hardwood cabinets, granite countertops, stainless steel appliances, and a built in breakfast bar.   The open floorplan allows for an abundance of options for the living and dining areas and the A floorplan has a very efficient layout for modern living.   The A floorplan features a bedroom,  guest bath & stackable laundry downstairs with a private master suite upstairs.   The home enjoys air conditioning, huge deck perfect for enjoying the sunny So Cal weather, private one care garage and one additional assigned parking space.  The gated community of Fusion offers a beautiful pool, spa, basketball court, children’s playground, exercise stations, BBQ area and is ideally located adjacent to Manhattan Beach with endless activities nearby.  Residents attend the award winning Wiseburn School District.

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5403 W 149th Place #4 in Fusion South Bay Listed for $799,000

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We’ve written quite a bit about the E floorplan currently for sale in the 5403 #4 as it’s surprising to see it still on the market.  The E floorplan is one of the most popular in the community and with the last sale being well over $800,000 it’s hard to see why this home is still for sale.  It certainly appears to be a cooling of the real estate market in Fusion South Bay.  The 5403 #4 home is one of the larger 2 bedroom layouts with around 1,400 square feet*

5403 W 149th Place #4

*Square footage numbers vary as tax records and builder records show a different amount of square feet.  Information deemed reliable but not guaranteed and buyers advised to confirm all details.

Are the Two Current Listings and Indication That the Fusion Market is Slowing?

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It wasn’t long ago that homes that came up for sale in Fusion didn’t last long.  Sometimes things were overpriced and didn’t sell immediately but anything priced right…sold quickly.

So is the fact that two homes have now been on the market a while an indication that the market is slowing?

In our opinion it definitely indicates a cooling in Fusion.  Although the time of year and weather (hard to believe that weather might be a factor in  Los Angeles!) have played a role in dampening (litterally) buyers moods to go and look at homes, that’s only a small part of the situation.

Of the two current listings, the home home at 5406 W 149th Place Unit#18 is now  close to 2 full months on the market at 52 days (as of 3/1) That’s a long time compared with 2018 that saw an average of only 11 days on market!  It’s a “C” floorplan which makes it a little hard to guage price (no C units have sold in quite a while) but at $735,000 it’s not too far out of line.

The other home currently on the market is an “E” floorplan at 5403 W 149th Pl # 4 that’s currently listed at $799,000. It’s a beautiful unit with upgrades throughout, custom paint, hardwood floors, and a interior location.  This was certainly one of the high demand floorplans of the past few years so the fact that it’s now been on the market for 44 days is again surprising. Given that the last E unit sold at $825,000 and the last “F” unit (fairly similar) sold at $805,000, the home at 5403 #4 currently priced at $799,000 is not priced out of line.