We’ve seen a very solid real estate market in El Segundo thus far in 2019. Well priced homes are still selling but there has been a bit of a slow down in the market since the beginning of the year. We anticipate that the market will heat up a bit as we head towards summer and the weather warms up a bit.
Here are some of the 1st quarter numbers from January 1 – April 18:
Sold Homes:
38 home sales in El Segundo
Average Days on Market: 50
Median Sales Price: $1,207,000
Average Price Per Foot: $669
Pending Sales:
27 Homes in El Segundo currently in escrow (as of 4/18/19)
Pacific Sands condos - El Segundo's most affordable location
770 w imperial ave, El Segundo CA 90254
Located at 770 W Imperial Ave, Pacific Sands is El Segundo’s most reasonably priced housing. The building is located in the northwest corner of El Segundo and offers just a short drive, walk or bike to the beach. Built in 1966, most condos have been extensively remodeled while a few are still in fairly original condition. The condos are primarily 2 bedroom there are a few one bedrooms as well. Square footage generally ranges from about 700 square feet to a tad over 1,110 sq feet*. As of this writing HOA dues are around $435 a month.
In the center of the complex is a beautiful saltwater swimming pool, communty gym, jacuzzi, sauna and clubhouse/recreational room. Some of the landscaping and waterfall/bridge features give it a definite resort like feel. The community does allow pets but has restrictions.
Easy access to Dockweiler and South Bay beaches, award winning schools, parks, downtown, LAX, shops, restaurants, freeways and everything else El Segundo and the South Bay have to offer.
Whether you are looking to buy a home or are consider selling…you’ve come to the right place. We’ve put together and extensive number of resources to keep you updated and to educate. Click any link below for more information on real estate in El Segundo.
July was a solid month as expected in the El Segundo CA housing market. There were 15 homes sold which is higher than normal. The median list price was $998,000 with a median sold price of $1,020,000. Anytime the median sales price is higher than list price you know it’s a hot “sellers” market. See the current homes for sale in El Segundo.
The top price of the month was a stunning $2,300,000 for 758 Lomita St which is a 5 bedroom, 5 bath custom built (2004) spanish style single family home offering 4,000 square feet on a nice sized 6,482 foot lot.
950 Virginia St # 103
Condominium
List / Sold:
$609,000 / $595,000
117 days on the market • Sold On 07/03/2018
2 beds, 2 baths • 1,191 sqft • 14,124 sqft lot • $499.58/sqft • Built in 1981
ML# OC18019886
738 Main St # 302
Condominium
List / Sold:
$669,000 / $630,000
250 days on the market • Sold On 07/26/2018
2 beds, 2 baths • 1,258 sqft • 13,407 sqft lot • $500.79/sqft • Built in 1979
ML# SB17214397
945 Pepper St # 211
Condominium
List / Sold:
$615,000 / $640,000
9 days on the market • Sold On 07/31/2018
2 beds, 2 baths • 1,175 sqft • 49,819 sqft lot • $544.68/sqft • Built in 1982
ML# SB18136744
935 Main St # 105
Condominium
List / Sold:
$715,000 / $740,000
7 days on the market • Sold On 07/03/2018
2 beds, 2 baths • 1,304 sqft • 20,771 sqft lot • $567.48/sqft • Built in 1981
ML# SB18125619
206 Sheldon St
Townhouse
List / Sold:
$925,000 / $921,000
7 days on the market • Sold On 07/03/2018
4 beds, 3 baths • 1,641 sqft • 7,150 sqft lot • $561.24/sqft • Built in 2009
ML# SB18107265
861 Sheldon St
Single Family Residence
List / Sold:
$995,000 / $1,005,000
24 days on the market • Sold On 07/24/2018
ML# SB18126029
210 Whiting St # G
Townhouse
List / Sold:
$985,000 / $1,017,000
6 days on the market • Sold On 07/12/2018
3 beds, 3 baths • 1,674 sqft • 11,437 sqft lot • $607.53/sqft • Built in 2003
ML# SB18135398
832 Penn St
Single Family Residence
List / Sold:
$999,000 / $1,020,000
0 days on the market • Sold On 07/18/2018
ML# SB18114097
215 Whiting St # 1
Townhouse
List / Sold:
$998,000 / $1,025,000
4 days on the market • Sold On 07/24/2018
3 beds, 4 baths • 1,641 sqft • 17,528 sqft lot • $624.62/sqft • Built in 1992
ML# SB18154425
1537 E PALM Av
Single Family Residence
List / Sold:
$1,099,000 / $1,215,000
10 days on the market • Sold On 07/27/2018
3 beds, 2 baths • 1,471 sqft • 9,493 sqft lot • $825.97/sqft • Built in 1950
ML# 18339304
143 Virginia St
Townhouse
List / Sold:
$1,252,300 / $1,252,300
5 days on the market • Sold On 07/31/2018
3 beds, 3 baths • 1,745 sqft • 5,723 sqft lot • $717.65/sqft • Built in 2018
ML# SB18169073
1423 E Elm Av
Single Family Residence
List / Sold:
$1,399,000 / $1,399,000
2 days on the market • Sold On 07/03/2018
ML# SB18127859
135 Virginia St
Townhouse
List / Sold:
$1,429,000 / $1,429,000
23 days on the market • Sold On 07/19/2018
4 beds, 4 baths • 2,104 sqft • 5,723 sqft lot • $679.18/sqft • Built in 2018
ML# SB18117700
315 E Maple Av
Single Family Residence
List / Sold:
$1,849,000 / $1,800,000
15 days on the market • Sold On 07/31/2018
4 beds, 4 baths • 3,347 sqft • 5,978 sqft lot • $537.80/sqft • Built in 1989
ML# SB18119313
758 Lomita St
Single Family Residence
List / Sold:
$2,300,000 / $2,300,000
1 days on the market • Sold On 07/06/2018
5 beds, 5 baths • 4,000 sqft • 6,482 sqft lot • $575.00/sqft • Built in 2004
ML# SB18148915
As I tell many clients I can sell any house it’s just a matter of price. The more work it needs to the lower the price but people will buy just about any home, in any condition. Having said that 928 Eucalyptus is an unusual sale at best. The home was under construction and that construction stopped several years ago. The home is framed and at one time would have been ready for some of the finishing work. At this point, however, it looks more like a haunted house as it’s sat empty and unworked on for years.
The current owner has no blueprints or plans, and most likely the current home will need to be torn down and started over. Continuing construction is always challenging as many of the items would need to be torn apart and put back together.
Listed at $1,550,000 it’s a tall order but if the construction can be continued where it left off….and that’s unlikely….it’s a very large home and will someday be the property the original owner envisioned. One challenge is that a lender will not loan on a home like this so any purchase would need to be all cash. Contact us for more info.
been a bit of a slow down in the market since the beginning of the year. We anticipate that the market will heat up a bit as we head towards summer and the weather warms up a bit.
but people will buy just about any home, in any condition. Having said that 928 Eucalyptus is an unusual sale at best. The home was under construction and that construction stopped several years ago. The home is framed and at one time would have been ready for some of the finishing work. At this point, however, it looks more like a haunted house as it’s sat empty and unworked on for years.