south bay
www.SouthBayDigs.com February 18, 2011
find your place.
Breathtaking Louie Tomaro designed estate in Malaga Cove with unsurpassed Queen’s Necklace, ocean, coastline, city and mountain views. Offered by Chris Plank, Shorewood Realtors
Check the details on p10
02.18.2011 | SouthBayDigs.com 1
No other RE/MAX agent has sold more real estate in the three Beach Cities combined!
Robert Freedman 310-291-7779
Impeccably Remodeled Townhome 617 Crest Manhattan Beach
#1 at RE/MAX Manhattan Beach for over 25 years running
www.LetFreedmanRing.com
This showpiece Townhome has undergone a total transformation of style to a contemporary beach house, utilizing the open floor plan to create an entertainer’s ocean view paradise. • Nearly 2,300 square feet of living space, and 2-car garage • 3 bedrooms, 3 ½ baths, including a large master suite with steam shower, spa tub, and custom walk-in closet • Brand new upper level is light, bright and airy, with a center island design that is perfect for large gatherings • Spacious ocean view deck • Ideal location just 3 blocks to the beach, downtown (South of Pier)
Specially Priced at $2,095,122 See all the listings at LetFreedmanRing.com
Wine cellar! Artist’s studio!
Theatre/media room! Library!
Incredible Home-on-the-Hill Has It All! 230 Anderson, Manhattan Beach Perched upon one of the highest points of the prestigious Manhattan Beach Hill Section, this amazing home was built to the highest of standards with the finest finishes. • 4 bedrooms, 3½ baths including sound insulated master suite and separate nanny/maid quarters (Tremendous flexibility on future layout – call for details on configurations to add bedrooms & baths.) • Formal dining room and casual dining area • Panoramic ocean view decks • Private main floor theatre / media room • Library with custom crafted book shelves
Hill Section Family Home 952 11th Street Manhattan Beach Gorgeous Spanish Revival style home by Sexton Homes customized by current owner during construction, sits on a 50' x 150' lot and offers a stunning one-of-a-kind floor plan with dramatic interior space. • Nearly 5,100 sq.ft. of living space, with a soaring 2-story living room • 5 bedrooms, 4.5 baths, 3-car attached garage • Additional upstairs family room (could be 6th bedroom) • Magnificent master suite with south-facing lounging deck, and opulent master bath with steam shower • Built in 2004 but looks brand new – REALLY!
Offered at $2,488,000 See all the listings at LetFreedmanRing.com
• Full artist studio, gym, and wine cellar • Mechanical work shop currently used for collectible motorcycle restoration, and separate woodworking shop • Private 2nd floor lanai with fireplace, barbecue, refrigerator, sink and dining table overlooking the beautifully landscaped backyard
Offered at $5,495,000 www.230Anderson.com
south bay
SOUTH BAY HISTORY TIDBITS
CONTENTS
06 Publisher’s Muse
Redondo Beach Landmarks Forever Gone
Is the local real estate market waking up?
By Maureen Megowan / RE/Max Palos Verdes Execs
09 Home of the Week
Hotel Redondo:
2822 Colt Road. Designed by the award winning architectural firm LEANArch, this new construction custom estate is the first “green” residential project in Rancho Palos Verdes.…offered by James Sanders, RE/MAX Palos Verdes Realty
10 On The Cover Breathtaking Louie Tomaro designed estate in Malaga Cove with unsurpassed Queen’s Necklace, ocean, coastline, city and mountain views. Offered by Chris Plank, Shorewood Realtors. Photography by Paul Jonason
24 LARRY MILLER The Man Behind a Good Night’s Sleep
SOCIAL MEDIA
Twitter@SouthBayDigs www.facebook.com/SouthBayDigs www.youtube.com/SouthBayDigs Search the MLS for homes, check out our interactive digital editions, view open houses, & research the local real estate market at
www.SouthBayDigs.com MASTHEAD Publisher WARREN J DOW Creative Director AMANDA NELSON-SINAGRA Contributing Photographer PAUL JONASON Contributing Writer Pamela Corante-Hansen editorial@southbaydigs.cOM
In 1890, the Hotel Redondo opened overlooking the ocean near the present day pier. The City was becoming “The Place” for tourists. The Hotel Redondo, with its 18-hole golf course, lush landscaping, tennis courts and 225 luxurious rooms induced more visitors than ever before to venture to the coast. Because of prohibition, the $250,000 Hotel Redondo closed its doors and in 1925 was sold for scrap lumber--the price was $300. Redondo Plunge: The Redondo Beach Plunge, billed as the “largest indoor salt-water-heated pool in the world”, was built in 1909 by Henry Edward Huntington. Fourstories and Moorish in style, it housed three pools heated by Pacific Light and Power’s steam plant (originally built to generate electricity for the Red Cars). A tower, two diving boards, and a trapeze were features of the large main pool. Redondo Beach Racer: One of the popular tourist attractions was The Redondo Beach Lightning Racer roller coaster which had two parallel tracks, and riders had the sensation of racing those in the adjoining car. First opened to the public in 1913, the Lightning Racer was located on the beach just north of old Wharf One (and today’s Municipal Pier). Severely damaged by an extreme storm in March 1915, the coaster was demolished. Casino / Dance Pavilion Other Redondo Beach attractions adjacent to the Plunge included the Casino and Dance Pavilion / Auditorium. The first pavilion would be replaced by a grander pavilion in 1907. Redondo’s Salt Lake: The natural salt lake (to the left in picture ) was near Redondo Beach’s northern border with Hermosa Beach, in the area where the AES Redondo Beach Generating Station now stands. The spring-fed salt lake, about 200 yards wide and 600 yards long, was located about 200 yards inland from the ocean. Salt was mined from 1854 to 1881.
South Bay Digs, 2554 Via Tejon, Palos Verdes Estates, CA 90274 Office: 310-373-0142 • Fax: 310-373-3493 www.SouthBayDigs.com • Twitter: @SouthBayDigs South Bay Digs magazine is published every other Friday by m3 Media, LLC. Reproduction in any form or by any means is strictly prohibited without the prior written consent from m3 Media LLC. The Publisher and advertisers are not responsible or liable for misinformation, misprints, or typographical errors. All advertised properties are subject to prior sale or withdrawal without notice. Real estate advertised in this publication is subject to the Federal Fair Housing Act. M3 Media will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. Any and all submissions to this publication become the property of m3 Media, LLC and may be used in any media. To Our Readers: South Bay Digs Magazine welcomes your feedback and encourages reader response to our editorial features. Please send your letters to the Publisher at 2554 Via Tejon, Palos Verdes Estates, CA. 90274 or via email to wdow@southbaydigs.com. Please include your name and contact information. Letters may be published and we reserve the right to edit. Advertising: For inquiries, please contact Publisher Warren Dow at 310-373-0142. Subscriptions: Subscriptions are $26 per year. Subscribe by email: contact@southbaydigs.com or via phone: 310-373-0142. © 2011 m3 Media, LLC. All rights reserved.
For more local history, see www.southbayhistory.com
1537 Via Zurita Palos Verdes Estates • Monte Malaga beauty • Ocean view • Spectacular architecture • Palos Verdes Art Center Design Tour Home • 6 bedrooms and 5.5 baths • 5,451 square foot home • Beautifully updated, meticulously maintained • Travertine floors, custom drapes, gourmet kitchen, atrium entry, spiral staircase and coffered ceilings • Pool, jacuzzi, sauna and BBQ • Ocean view terrace • Master bedroom suite with ocean view balcony and sitting area/office
Offered at $3,295,000 www.PalosVerdesLiving.com
Maureen Megowan 310.541.6416
PVAgent.com
Take a seat. I’ll do the rest.
Web blog: mmegowan.activerain.com
PUBLISHER’S MUSE OPEN HOUSE SAT. FEB 19! Come on by!
Is the local real estate market waking up?
Just listed! 1729 Date • Torrance Rarely Available Salem Manor 3 bedroom 3 bath in an inside quiet location! Ideal floor plan with two master suites upstairs and guest suite down stairs, Charming breakfast eating area with curved windows and French doors leading to a large private patio, formal living room with entertainment bar, and formal dining room! Lots of storage, lots of windows, light and bright and lush with beautiful landscaping!
Offered at $560,000
Rita DeBolt
Our wonderful South Bay community is filled “The best way to with interesting residents and I’m very lucky make your dreams to get the chance to meet some of them along come true is to the way. This issues feature profile on Larry Miller, President & CEO of Sit ‘n Sleep is no wake up.” exception. Since launching Sit ‘n Sleep over 29 — Paul Valery years ago, Larry’s hard work and perseverance (French Poet, Essayist and Critic, 1871-1945) have helped turned him into somewhat of a Southern California icon — and who can miss his omnipresence on local media channels and his immortal ‘or your mattress if freeee!’ marketing pitch. We got the chance to check out Larry’s new beach digs and learn about “The Man Behind a Good Night’s Sleep.” It looks like the higher end home sales are starting to heat up a bit in Southern California. Last year, 2010, California homes priced at $1,000,000 or more experienced a 21% increase in sales versus 2009 — the first increase in five years.
ReMax PV www.ritadebolt.com 310-200-6847 License #0627092
Here’s a snapshot overview of single-family residences in the beach cities currently priced over $1,000,000:* Manhattan Beach – 90266 Inventory over $1M: 81; Average Days on Market: 111 Hermosa Beach – 90254 Inventory over $1M: 30; Average Days on Market: 140 Redondo Beach – 90277 Inventory over $1M: 15; Average Days on Market: 122 Redondo Beach – 90278 Inventory over $1M: 1; Average Days on Market: 14 Hollywood Riviera – 90277/90505 Inventory over $1M: 14; Average Days on Market: 68 Rancho Palos Verdes – 90275 Inventory over $1M: 66; Average Days on Market: 117 Palos Verdes Estates – 90274
5411 Manitowac Drive, RPV
Inventory over $1M: 60; Average Days on Market: 125
Single level, 3 Br, 2 full Baths, 2421 Sq.Ft. Unobstructed Queens Necklace and City view.
Rolling Hills – 90274
$1,500,000
Inventory over $1M: 19; Average Days on Market: 147
5411Manitowac.com
Jack McSweeney, CDPE, SRES, e-PRO, PVS RE/MAX Execs Realtor / Manager Member of the RE/MAX Hall of Fame JackMcSweeney.com SoBayCalMLS.com 310 346-0391 cell / 310 356-4285 office
6 SouthBayDigs.com | 02.18.2011
Rolling Hill Estates - 90274 Inventory over $1M: 19; Average Days on Market: 113 *Inventory data taken from MRMLS data for ‘active single-family residence’ currently priced over $1,000,000 per designated area. Information is deemed accurate but not guaranteed.
Enjoy — Warren J Dow Publisher wdow@southbaydigs.com 310-373-0142
At Coast Capital Group, we never forget that our success is only as great as the experience of each and every client. You’ll never feel like a number, a fico score or debt ratio. We will provide you exclusive lender offerings at rates and terms you will be telling your neighbors about. We promise to exceed your expectations.
Some of our current offerings as of 2/14/11 30 year fixed to $417,000 at 5%, 5.05% APR, No Points 30 year fixed to $729,750 at 5.25%, 5.29% APR, No Points 5 year fixed ARM loan to $1,500,000 at 3.75%, 3.563% APR, No Points 7 year fixed ARM loan to $1,500,000 at 4%, 3.658% APR, No Points 7 Year fixed ARM to $5,000,000 at 4.125%*, APR 3.83% *Includes purchase and deposit rate enhancements
2010 was our strongest year in our 8 years in business. Our lending relationships have never been better. Our loan officers have never been more prepared to service your business. We are independent and locally owned. Apply for your next mortgage with me personally and mention this advertisement and I will donate 10% of your transaction’s revenue to the charity or foundation of your choice. We look forward to the opportunity to service your financing needs.
Christian Salceda President Phone: 310.798.5501 www.coastcapitalgroup.com/testimonials
Coast Capital Group 1601 Pacific Coast Highway Suite 245 Hermosa Beach, CA 90254 Real Estate Broker - CA Dept. of Real Estate - License # 01374996 Copyright © 2011 Coast Capital Group. All Rights Reserved.
“Home sales of between $30 and $50 Million every week ---More buyers and sellers choose RE/MAX,
and nobody sells more real estate!”
Discover LOCATIONS BEVERLY HILLS 9454 Wilshire Blvd., Suite 600 Beverly Hills, CA 90212 Phone: 310-205-0050 Fax: 310-559-5587
MANHATTAN BEACH 400 S Sepulveda Blvd., Suite 100 Manhattan Beach, CA 90266 Phone: 310-376-2225 Fax: 310-376-6522
RANCHO PALOS VERDES 28901 Western Ave. Rancho Palos Verdes, CA 90275 Phone: 310-514-1364 Fax: 310-514-1420
SILVER SPUR 450 Silver Spur Road Rancho Palos Verdes, CA 90275 Phone: 310-544-9999 Fax: 310-703-1999
EL SEGUNDO 402 Main Street El Segundo, CA 90245 Phone: 310-322-1425 Fax: 310-322-5724
MARINA DEL REY / VENICE 155 Washington Blvd. Marina Del Rey, CA 90292 Phone: 310-577-5300 Fax: 310-577-5301
REDONDO BEACH 1720 S Elena Redondo Beach, CA 90277 Phone: 310-378-7747 Fax: 310-378-1997
SOUTH BAY 23740 Hawthorne Blvd., 2nd Floor Torrance, CA 90505 Phone: 310-378-9889 Fax: 310-378-2745
MALAGA COVE 63 Malaga Cove Plaza PALOS VERDES EST., CA 90274 Phone: 310-378-9494 Fax: 310-373-3427
MIRALESTE 5 Miraleste Plaza Rancho Palos Verdes, CA 90275 Phone: 310-831-0222 Fax: 310-831-1684
SANTA MONICA 620 Santa Monica Blvd., Suite B Santa Monica, CA 90401 Phone: 310-264-2225 Fax: 310-264-2200
WEST LOS ANGELES 2999 Overland Blvd., Suite 104 West Los Angeles, CA 90064 Phone: 310-559-5570 Fax: 310-559-5587
HOME OF THE WEEK
Completion Date Summer 2012
www.2822 Colt Road.com This contemporary masterpiece offers uncompromising amenities. Spectacular views, a superb location, and distinctive design. It is the icon of new construction in Rancho Palos Verdes, and the South Bay.
James Sanders Office (310) 703-1900 Cell (310) 722-9494 jsanders@remaxpv.com www.sandersteam.com DRE# 01050989
The home is situated on a fabulous one acre, cul-de-sac lot that is fully gated offering maximum privacy and breathtaking panoramic ocean, harbor, city, canyon, or mountain views from every room and vantage point. A stunning exterior and spacious well appointed interior blend seamlessly to create the ultimate indoor outdoor experience, including a gorgeous reflecting pool surrounding the entire home adding to the overall feeling of tranquility. Designed by the award winning architectural firm LEANArch, this new construction custom estate is the first “green” residential project in Rancho Palos Verdes.
Poolside in Manhattan Beach
ON THE COVER 2005 Paseo Del Sol, Palos Verdes Estates 90274 Spanish Revival | 4 Bed | 5 Bath | 5100 Sqft | 14,150 Sqft Lot Breathtaking Louie Tomaro designed estate with spectacular ocean, whitewater, coastline, city, and mountain views – an entertainers dream! Attention to detail at every turn, absolute exquisite Malaga Cove estate.
$4,499,000
www.ChrisPlankHomes.com Chris Plank Shorewood Realtors Cell (310) 849-1530 Office (310) 546-7561 x443 ChrisPlank@aol.com
INNOVATING
1450 5th Street, Manhattan Beach Simply the best Manhattan Beach location a buyer can find for a 5 Bedroom + Office, 5.5 Bathroom, 4417 square foot custom built home with a South facing (optimum
COMMERCIAL REAL ESTATE
sun exposure) backyard on a large 7500 square foot lot complete with professionally
FEATURED PROPERTY!
landscaped pool and Jacuzzi. This Mediterranean Oasis built I 2002 offers 2 garages,
New! Executive Office Suites
1- 2-car garage and 1-1 car garage with separate driveways! Features include: Large travertine tile formal entry with 25 foot ceiling leading into formal living room with fireplace. Large formal dining room with coved ceilings and recessed lighting. Gour-
P
met center island kitchen that is perfect for entertaining and offers separate dining area. Complete with Granite counters, large walk-in pantry, all stainless steel appliances and oversized built in stainless steel refrigerator. Kitchen opens to comfortable family room and has lovely views of the pool area. Large master suite complete with separate reading area, large bathroom with dual sink vanity, separate steam
#1IN COMMERCIAL
Retail/Office, 216–1,000 Sq/Ft
shower and Jacuzzi tub. Each Bedroom (4) upstairs each have full bathrooms, and
REAL ESTATE!
walk in closets as does downstairs room. Do not miss game room or optional study/ reading room leading to lovely French door patio. All doors throughout are 8ft solid core. Complete with 6-inch baseboards and crown molding throughout, plus central
1926 S. Pacific Coast Hwy, S. Redondo Beach 90277
vacuum, CAT 5 wiring. All this in the Award winning Manhattan Beach School District,
Retail/Office
EXCLUSIVELY SERVICING SALES, PURCHASE & LEASING FOR THE
“THE BEACH CITIES”
just a 10 minute drive from the sand of one of the best beaches in America!
Offered at $2,099,000
arker
326 S. Pacific Coast Hwy, S. Redondo Beach 90277
tjparkr@msn.com
PTC
www.1450fifthst.com 1300 S. Pacific Coast Hwy, S. Redondo Beach 90277 Executive Office
CALL NOW!
Executive Office
310-678-0929
Retail/End Cap
Chad Heitzler Fahlbusch Year End Top Producer ’03-‘10 Direct: 310 – 600 – 3555 www.SouthBayChad.com
@SouthBayChad
DRE 01346526
@SouthBayChad
10 SouthBayDigs.com | 02.18.2011
116 S. Catalina Ave S. Redondo Beach 90277
423 S. Pacific Coast Hwy S. Redondo Beach 90277
705 N. Pacific Coast Hwy S. Redondo Beach 90277
Move Forward. MARKETING One of a kind craftsman in Poets Section of Manhattan Beach!
Our unique and innovative marketing plan exposes your home to over 50 Million visitors per month via our
1171 Shelley St., Manhattan Beach 90266
proprietary online broadcast syndicate, which includes the top real estate websites. On average, our home
4 Bed | 3 Bath | 3,219 Sqft. Built 2002 | Ocean Peek View 56’ Lot Frontage
listings receive over 500,000 online impressions per week!
OFFERED AT $1,599,000
+ STRATEGY We deliver unsurpassed exposure for your property via our customized
PRICE DROP!
Awesome South Redondo Retreat!
strategic marketing plan. Utilizing demographic / geographic analytics we are able to target qualified home buyers
409 Miramar Drive, Redondo Beach 90277
and leverage the most relevant media
network to deliver maximum exposure
3 Bed | 2 Bath | Single Level Premier Neighborhood Move-in Condition
for your property.
OFFERED AT $729,000
channels (Print, Online, Social Media) and our real estate affiliate
= RESULTS Our focus is on results. That’s why we provide you with detailed impression metrics each week to analyze our performance and
Coming soon in Golden Hills
Coming soon in Golden Hills
1543 Stanford Ave., Redondo Beach 90278
make sure we’re on target. Our goal is to deliver maximum
3 Bed | 3 Bath | Turn Key
value for your home in a
PRE-MARKET PRICE $729,000
minimum time period.
310-855-3557 WWW.BEACHCITYTONY.COM
Raju Chhabria
TONY ACCARDO REALTOR
DRE# 01863340
310•379•2167
TONY@BEACHCITYTONY.COM
Kristen Novoa
Raju@shorewood.com
TWITTER.COM/BEACHCITYTONY310.798.4663 Kristen@southbayopenhouse.com
www.rajusells.com
www.southbayopenhouse.com FACEBOOK.COM/BEACHCITYTONY
All information from reliable sources but not guaranteed. Buyer and Buyer’s Agent to verify.
106 Beryl St, South Redondo
125 38th Street, Manhattan Beach
Nostalgic classic beach cottage completely updated just 2 blocks to beach, marina and restaurants. 1 bedroom, 1 bath plus office room. Approx. 628 sq. ft. SUPER CUTE!!
Steps to sand and surf. Jaw dropping surf coastal views completely remodeled shabby sheik! 3 bedrooms plus bonus or 4th bedroom, 3 baths approx. 1,800 sq. ft. SELLER FINANCING AVAILABLE WITH LOW DOWN PAYMENT, EZ QUALIFYING AND LOW INTEREST RATE!
$429,000
$1,579,000
706 #4 Vincent Park, South Redondo
123 Guadalupe, Redondo Beach
Huge 2 bedroom plus bonus or 3rd bedroom, 2.5 baths, beautiful oak hardwood floors, and recently remodeled kitchen, extra high vaulted wood planked ceilings, snow caped mountain and green park views. Great location near parks, shopping and the beach.
New Construction!!! 4 Bed plus loft, 3 baths. Detatched ocean view townhomes. Short walk to beach, restaurants and schools. Approx. 2,500 Sq. Ft.
$615,000
$1,095,000
736 Esplanade • Redondo Beach
STUNNING ITALIAN OCEAN FRONT
736 Esplanade, South Redondo Ocean Front Steps to one of the most beautiful beaches and surf in the South Bay. Gorgeous corner lot with stunning 180 degree views from Palos Verdes Point to Malibu. 800 bottle temperature controlled wine cellar, full sized commercial Schindler elevator, large professional gym, 5 large bedrooms, 6 bathrooms, 2 large offices, 4+car garage. Approx. 4,800 sq. ft.
$3,695,000
200 South Pacific Coast Highway Redondo Beach
Gary Elminoufi Email: Gary@GaryElmo.com • www.GaryElmo.com • Direct: 310-292-0332 • Office: 310-543-3536 x300 Information deemed reliable but not guaranteed. DRE: 01139207
6264 Ocean Terrace Drive Rancho Palos Verdes CA Offered at $3,950,000 Over 5600 sq ft on Half Acre lot ‘Truly a Residence of Distinction’ And the view ...... ‘Simply the Best’
www.6264OceanTerrace.com
Panoramic Ocean/Catalina Island View | 5 Bedroom + Library, 5 1/2 Baths Spectacular modern estate with stunning view high above the Pacific Ocean. Architect Marshall Lewis wraps large open spaces in redwood and glass to create a home with privacy, serenity, elegance and livability. The elevated glass walled rotunda commands a sweeping view of Ocean, Catalina Island, and coastline from sunrise in the East, to sunset in the West. The home borders a huge ‘Nature Preserve’ overlooking the coastline. The secluded tree lined entry drive opens into an expansive motor court with center pond. The strong modern architecture provides a dramatic counterpart to the feeling of nature provided by the private tree filled lot and stunning views. The interior appointments are exquisite and include a European style Kitchen. The outdoor entertainment area includes pool, spa, and terrace kitchen. The huge 1375 sq ft garage has two story volume with skylights, a half court basketball facility, and exercise alcove. An elevator provides easy access to the garage and living areas.
Roger Vaught Palos Verdes Realty Broker / Owner DRE 00426428 2325 Palos Verdes Dr. W. #204 Palos Verdes Estates, CA 90274 310 - 377-1566 www.PalosVerdesRealty.net 2008 President of Palos Verdes Peninsula Association of Realtors 2008 Realtor of the Year California Real Estate Certificate ‘ Honoree’
304 Manhattan Ave. Hermosa Beach, California This single family home has kept its beachside charm while inheriting a modern star like quality. This 2 bedroom, 2 bath, 1,496 sq/feet home is just waiting to be plucked by someone who can appreciate living the California dream. Just 3 blocks to the Strand and an easy bike ride to the famous Hermosa Pier. Everything to offer from surfing, nightlife, shopping, and some of the best dining in LA. If you rather stay in, set up dinner and enjoy one of the most amazing sunsets right from your patio. In addition, this home has one of largest resort like rooftop decks around, set up with electricity, water, and gas. Not to forget the spectacular ocean views from the break wall to Malibu. A great home and even better investment located in one of most popular beach cities in LA.
Open House Sat/Sun 1-4pm
Welcome Home.
www.304ManhattanAve.com
$1,279,000
Panoramic Views · White Carrara Marble countertops · Remodeled kitchen · Recessed lighting Maple (real) hardwood floors · Large Bonus Room · 3 blocks to the Strand · Resort like roof top deck
Rami Elminoufi Beach City Brokers
Realtor / Mortgage Broker
Office 310-543-3536 x321
Cell 310-947-1180
Rami@welcomehomela.net
www.WelcomeHomeLA.net
14 SouthBayDigs.com | 02.18.2011
Best Location. Best Price. What are you waiting for? Now’s your chance to live in the best location on the Hermosa Strand, close to downtown yet far from the crowds. Most recent Hermosa Strand sale was at $2,124.65 per sq.ft* – our price is only $1,726.35/Sq.ft., or 19% discount versus nearest comp!
www.LuxuryBeachHome4Sale.com
1534 THE STRAND | HERMOSA BEACH Ocean Front Property | 4 BEDS | 3 BATHS | 2664 SQ FT. | 4 Car Garage
$4,599,000
*Avg. price per square foot is based on closed sale data taken from MRMLS data for closed sale (SFR) homes sold in ‘Area 148’ Hermosa Beach Sand Section from January 1 – December 31, 2010. Information is deemed accurate but not guaranteed.
Chris Plank Shorewood Realtors Cell (310) 849-1530 Office (310) 546-7561 x443 ChrisPlank@aol.com
www.ChrisPlankHomes.com
of palos verdes NEW LISTING
NEW LISTING
Contemporary Style Home
Beautiful Mediterranean Home
Fabulous home on a private ¾ acre flat, grassy, useable lot surrounded by lush green land-
Built by Ashai Design, 4 bedrooms plus office/library and media room, in the heart of Monte
scape! This remodeled home features 5 BD & 4.5 BA with 5,000 sq. ft. living space. Formal
Malaga on a huge 18,000 sq. ft. lot with 4,058 sq. ft. of living space. This home was completely
entry with high ceiling; living room with a unique copper fireplace, wet bar w/ fridge &
rebuilt in 2003 by architect owner with style, quality and comfort in mind. Lovely path to the
icemaker; family room that leads out to a large private backyard complete with heated pool
front turret entry, high ceilings with different designs and unique architecture details thru out,
& spa as well as a putting green. Entertainer’s kitchen w/ breakfast bar area, double ovens,
marble/wood floorings, gourmet kitchen with top of the line appliances and huge granite top
wood cabinetry and granite counter tops. Formal dining room off of kitchen with access to
center island, open floor plan and many sets of French doors bring the outdoor in. Fantastic
wraparound balcony w/ partial city light and ocean views. Master bedroom with gym room,
skylights with wood beam ceilings in the kitchen/family/nook area. Mature landscaping
large bath w/ dressing area, spa tub & spacious walk in closets. Other features include out-
makes for a wonderful yard.
door patio sitting area with fireplace perfect for entertaining; putting green in the backyard; 3-car garage with plenty of parking in driveway; and extensive use of ceiling to floor glass windows & doors throughout.
2104 VIA ACALONES..........................................
1308 VIA MARGARITA.......................................
PALOS VERDES ESTATES $ 2,699,000...
PALOS VERDES ESTATES $ 2,199,000...
Look for QR Codes like this to take an instant virtual tour of a property using your Smart Phone. Just download a free bar code reader app for your phone, open the app, point your camera phone at the bar code and follow the instructions.
Presented by…
palos verdes office manhattan beach office
310.698.4545 310.379.2167
www. RajuSells .com DRE: 00874072
NEW LISTING
Mediterranean Style Oceanfront Home This superb Mediterranean Style Oceanfront home with Contemporary appointments boasts panoramic ocean and Catalina Views w/ 5 BD & 8.5 BA & 7,969 SF of living space on a 31,918 SF.Lot. Home completed in 2007. Two separate offices with built-ins (his & hers) complete with a Jack & Jill bath. Double entry doors that open into a large foyer with high ceilings. Large living room with hardwood floors; family room on main level with built in entertainment system, custom bars w/ built in subzero wine fridge; kitchen w/ double Wolf ovens, granite counter tops, walnut cabinets and large custom walk in pantry; and large formal Dining Room. Large Master suite with fireplace.and a sitting area. Built to incorporate indoor/outdoor living with pool & spa in an enclosed atrium w/ TV and access to shower & change room; large outdoor BBQ , Other features include coutyard enty with a fountain, 5-car garage w/ epoxy floors; Crestron surround audio and security systems; gym room; lots of cabinets throughout; balconies with panaramic views,and copper gutters on the exterior. Superb custom built home in C.P.H Development; interior design by Phil Norman.
57 VIA DEL CIELO....................... RANCHO PALOS VERDES..... $5,675,000............................................
Custom Built Beachfront Mediterranean on Prime Corner Lot in Hermosa Beach Prime west-facing corner beachfront location with custom built Mediterranean home designed by Architect Louie Tomaro. Enjoy extraordinary panoramic, white water, ocean views. Your front yard is right on the beach on a prime corner lot. Watch the sunrise and set from your master bedroom balcony or any of the 5 balconies, roof top deck, the large wrap around patio, or from the great room and or gourmet kitchen while you prepare your meals. Cooks will love the granite countertops and top-of-the-line appliances. Spread out in this spacious home with a family room and game room. Additional features include 2-car garage and 2 extra guest parking spaces, fountain, laundry room and elevator. Great outdoor entertaining with a built-in BBQ and wet bar. Only a few blocks from down town Hermosa Beach & Pier.
100 THE STRAND HERMOSA BEACH $7,999,000
Gorgeous, Newly Renovated Hermosa Beach Home This Hermosa Beach home with possibly the best ocean, city and mountain views in the area is designed perfectly for entertaining! Stunning gourmet kitchen with top of the line stainless steal KitchenAid appliances and huge granite island that seats 6 is adjacent to light and bright living room with fireplace. Spacious family room downstairs is adjacent to 2nd kitchen. Large master suite with fireplace and deck. Large master
NEW LISTING
bath with an oversized 2-person spa tub, stand alone shower with waterfall feature and huge his & her walk-in closets. 1,450sf of rooftop deck space with bar has 360 degrees of one of a kind views. Guest room has a separate entrance for extra privacy. Nearly every room has great views. Bamboo flooring, carpet and tile throughout. Property has 4 separate heating units and 2 tankless water heaters. Exterior is smooth finish stucco. This eco-conscience “Green” luxury home is a must see!
201 PROSPECT AVE HERMOSA BEACH $1,399,900
#1 REALTOR IN CALIFORNIA (2009), #3 REALTOR IN THE NATION* *Source: Wall Street Journal, 2010
Community. Strength. Independence. Shorewood Realtors is one of the top five largest real estate firms in Los Angeles County and in the top 58 nationally. We are the South Bay’s oldest and largest independently owned real estate firm, with humble beginnings in 1969 to today having seven offices and more than 350 realtors serving the beach cities. Our highly-trained real estate agents will make your home sale or purchase a seamless, trouble-free transaction— this is how we define our success.
Experience the difference.
h e r m o s a b e a c h 950 Artesia Blvd.
310.376.8871
h e r m o s a b e a c h 986 Artesia Blvd.
310.406.2020
e l s e g u n d o 431 Main St.
310.322.4900
m a n h a t t a n b e a c h 917 Manhattan Beach Blvd.
310.545.8401
m a n h a t t a n b e a c h 3300 Highland Ave.
310.546.7561
p a l o s v e r d e s e s t a t e s 16 Malaga Cove
310.698.1555
r e d o n d o b e a c h 1009 Torrance Blvd.
310.316.8464
ED’S COASTAL REPORT Trending this week in Manhattan Beach, 90266… Median List Price
$1,595,000
Median House Size (sq ft)
2,972
Asking Price per Square Foot
$631
Median Lot Size (sq ft) Less than
4,500
Average Days on Market
101
Median Number of Bedrooms
4.0
Percent of Properties with Price Decrease
37%
Median Number of Bathrooms
3.0
Percent Relisted (reset DOM)
9%
Market Action Index
18.9 (Strong Buyer’s)
Total Homes for Sale
120
*The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the Buyer.
The Top Performing Local Real Estate Company in the South Bay — Shorewood Realtors
The Top Performing Agent at Shorewood Realtors in 2010 (Transactions Sold) — Ed Kaminsky
What Does it Mean to Hire the Best of the Best?
SELL FASTER
SELL FOR MORE
Current Beach Cities listings sold took an
Current Beach Cities average Sold price versus List
average of 79 days on market.
price was 7% below original list price.
Ed’s Beach Cities listings sold in
Ed’s Beach Cities listings Sold price versus
an average of only 27 days.
List price was 2% below original list price.
Ed’s listings sold 65% faster in 2010… now that’s performance!
Ed’s Beach Cities listings received 5% more on average – that’s $50,000 additional value per $1,000,000 sold!
310.798.1277 EK@ItzSold.com
www.ItzSold.com
MarketMetrics—Information not guaranteed. 2009–2010 Terradatum and its suppliers For a Listing Performance Advantage in 2011…ListClarus with Ed. and licensors (www.terradatum.com/about/licensors..td Call Ed Kaminsky direct at 310-427-2414 for an appointment.
FOCUS ON THE SAND SECTION Manhattan Beach, CA - The Sand Section, located just south of Los Angeles, on one of the best beaches in the United States, is one of the most unique niche real estate markets in the country. From the oceanfront Strand properties, to the postage stamp sized multimillion dollar lots; from bungalows, to mini estates. A full lot is usually 2700 square feet but there are plenty of half lots; at 1350sf as well. This is not your Daddy’s back 40, considering that the lots are only 30 feet wide. Every style of Architecture has been built, designed, rebuilt, or re-invented. Homes are as close as 72 inches from each other and buyers will pay millions of dollars to live in them. Privacy is not likely on your priority list when you live here, but lifestyle--fresh air, ocean vistas, surfing, and walking to Sunday breakfast—most likely is. The Sand Section also appears to be one of the fastest growing second home markets with owners found right here in Manhattan Beach, to the Westside of LA, Arizona and beyond.
Although prices have seen some decline from the peak of the market, they are a far cry from the devastation in prices that have hit most of the Country’s popular living places; like other parts of California, Arizona, Nevada and Florida. It would have been difficult to protect any decrease in real estate equity in recent years, but the Sand Section sure has prevailed in equity protection even in the downturn. The evaluation of pricing is truly only capable by the local experts. You can move 50 feet to your left or right, and see a price increase (or decrease) of over $1,000,000 for what appears to be an identical property. What makes it so difficult to determine an accurate value? That old Real Estate adage . . . Location Location Location! Does the home have a view? Can that view be obstructed? Who was the architect? Who was the builder? Is it located East or West of Highland? Can you walk to Downtown easily? Can you hear traffic noise? Who is your neighbor? Will they likely build soon? Does the property face North or South? The list of questions
can seem endless*, but a professional who is well versed in the many nuances of the Sand Section can help maximize your profit when selling, or determine that diamond-in-the-rough, if buying. No matter what your pleasure is, as long as your budget is over a million dollars (with a few exceptions) and you like neighbors, the Sand Section is one of the greatest living experiences in the world. It is truly like being on vacation 365 days a year. It’s a place where you can’t tell the difference between a “dot com billionaire,” a first class athlete or a lucky, early retiree. The dress code is simple: flip flops, t-shirts, a tan and a smile. Neighbors throw a friendly wave at each other as they share a glance at the local coffee stop. This is world-class living at its finest: the Sand Section of Manhattan Beach, California. For an insider’s scoop of what hot new property is coming to the Sand Section market, call Ed Kaminsky.
For a list of all questions that help determine how to value your Sand Section property visit www.ItzSold.com
WHAT HAS ACTUALLY SOLD IN THE LAST 60 DAYS IN THE SAND SECTION? Address
Beds
Bath
330 41st Street 325 11th Street 533 24th Street 410 31st Street 4320 Highland Avenue 4321 Crest Drive 312 44th Street 504 21st Street 442 23rd Street 316 44th Street 229 42nd Street 715 Bayview Drive 329 21st Place 3116 Manhattan Avenue 2520 Alma Avenue 2808 Manhattan Avenue 417 2nd Street 128 6th Street
1 2 3 3 3 3 4 4 3 4 4 3 3 3 3 4 5 5
2 2 2 2 3 3 3 2 2 3 5 3 4 3 4 4 6 5
Lot SqFt. 1072 2730 1426
2730 3640 1350 1650 2698 3498 3498 2079 2700 2700
Price Per SqFt.
SqFt. Structure
Type
Year Built
Selling Price
$ 647.49 $ 665.82 $ 569.87 $ 660.38 $ 509.07 $ 570.39 $ 473.33 $ 839.9 $ 546.84 $ 504.17 $ 777.31 $ 814.33 $ 782.06 $ 607.35 $ 909.09 $ 878.79 $ 761.95 $ 1390.75
817 1185 1746 1590 2259 2060 2681 1524 2423 2638 1900 1842 1918 3293 2530 3300 4331 4023
Townhouse Condominium Single Family Residence Single Family Residence Townhouse Townhouse Townhouse Single Family Residence Single Family Residence Townhouse Single Family Residence Single Family Residence Townhouse Single Family Residence Townhouse Single Family Residence Single Family Residence Single Family Residence
1986 1962 1953 1969 2009 2009 2009 1952 1939 2009 1992 1964 2004 1943 2009 2010 2004 2011
$ 529,000 $ 789,000 $ 995,000 $ 1,050,000 $ 1,150,000 $ 1,175,000 $ 1,269,000 $ 1,280,000 $ 1,325,000 $ 1,330,000 $ 1,476,889 $ 1,500,000 $ 1,500,000 $ 2,000,000 $ 2,300,000 $ 2,900,000 $ 3,300,000 $ 5,595,000
* Above sales include all sales reported by all real estate agents in the M.L.S. for December 2010 and January 2011.
PROJECTIONS After checking with one of California’s chief economists, local market experts, nay-sayers, and eternal optimists, all agreed that prices in the Sand Section will eventually go up, although the time-frame varied from 1 year to many years. My opinion is, if you are going to get stuck living somewhere, at least pick a place you love. Whether it is the Sand Section or some other neighborhood, it is the only sure fire advice I can give that rarely turns out to be wrong.
310.798.1277 EK@ItzSold.com
www.ItzSold.com
CONTACT ED FOR A FREE CUSTOMIZED MARKET ANALYSIS OF YOUR HOME.
NEW MANHATTAN BEACH SAND SECTION LISTING
JUST DOESN’T GET ANY BETTER THAN THIS! 228 34TH ST, MANHATTAN BEACH • Almost 3500 sqft home! • Outstanding Ocean Views
• Full lot
• West of Highland
• Highly Upgraded
• On a Walk Street
• One of the Only Usable Roof Decks in M.B.
TEXT 9931 to 511511 for photo tour and more information
Priced at: $2,550,000
Open House Fri, Feb 18th, 12-2 pm Sun, Feb 20th, 1-4 pm
Make Sure YOU Have the Market Advantage in 2011 Ed’s Step-by-Step Plan Gets You More Money, Faster!
ONLINE
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internally market your home to. From high level
• an accurate pricing evaluation
home to their active buyers.85% of our past
• a strategic marking plan for your property
clients surveyed feel this is what made us
• guidance on preparing your home for a successful sale
stand out over the competition.
• a no nonsense projection for the upcoming market
of past clients, investors and agents who we executives & professional athletes to your nextdoor neighbor, we advertise your home to the most qualified buyers in the marketplace.
310.798.1277 EK@ItzSold.com
www.ItzSold.com Clarus MarketMetrics—Information not guaranteed. 2009–2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors..td
KN Kristen novoa 2920 THE STRAND • MANHATTAN BEACH
7 Bed | 6.5 Bath | 5678 Sqft. | 43’ Beach Frontage | Oceanfront • Prime North Facing Corner Location • Oversized Lot (43 x 105) • Indoor Pool & Spa inside Private Atrium • Wired for surround sound & security system • 4-car garage parking with room for 2 additional cars
www.2920TheStrand.com
$11,750,000
Open House Sat 2/19 & Sun 2/20 2-4pm
2716 PINE AVENUE MANHATTAN BEACH
1161 6TH STREET MANHATTAN BEACH
803 18TH STREET DUPLEX • HERMOSA BEACH
501 HERONDO STREET #70 HERMOSA BEACH
1934 sqft. | 4,200 sqft. Lot • Private Master Suite with Balcony • Spacious Living & Family Rooms • Updated Kitchen with Breakfast Bar open to Dining Area • Lush Landscaping in Front & Rear Yards
Multi Family | 2 Units | 2349 Sqft. 3-Garage Spaces + 3 driveway • No Rent Control • Excellent Location – Walk to Beach • Each Unit is two stories with 3 Beds, 1.75 Baths • Each Unit Totally Remodeled • Live in one and rent the other or keep both as rentals
Condo/Townhouse | 2 Bed 2.5 Baths | 1439 Sqft • Best Location in Complex Greenbelt Frontage Unit • Bonus Room • Cozy Fireplace • Light & Airy • Breakfast Nook • Dining Room • Steps to Beach
www.2716Pine.com
4 Bed + Den | 3 Bath 3416 Sqft. | 6000 Sqft. Lot • Beautifully appointed with well designed layout • 3 Fireplaces • Private Den with door can be 5th Bedroom • Formal Living & Dining Room • Lush Landscaping
$1,299,000
$1,500,000
$997, 500
$725,000
Look for QR Codes like this to take an instant virtual tour of a property using your Smart Phone. Just download a free bar code reader app for your phone, open the app, point your camera phone at the bar code and follow the instructions.
www.501herondo70.com
Kristen Novoa 310.798.4663 Kristen@southbayopenhouse.com www.southbayopenhouse.com
Entertainer’s Dream - enjoying the view from Miller’s open kitchen / family room space.
Larry Miller The Man Behind a Good Night’s Sleep
by Pamela Corante-Hansen
What you may not know is that Miller is crazy in love with the South Bay and is putting the finishing touches on a custom home overlooking the ocean in south Redondo Beach. South Bay Digs spent a weekday morning with a well-rested Miller at his company’s Gardena headquarters, where snoozing on the job is not an option, but laughter is mandatory. SOUTH BAY DIGS: How did you sleep last night? LARRY MILLER: Slept like a baby. What made you decide to build your new home in Redondo Beach? I can’t imagine not living in South Bay. It’s one of the most beautiful places in the world, especially Redondo Beach. From my house, it’s a block to the bank, and a block to 10 good restaurants. I used to live in Manhattan Beach, but it gets so congested there. I love to entertain and I have basketball parties and Halloween parties. I want people to be able to come to my house and find a place to park.
24 SouthBayDigs.com | 02.18.2011
What is it that you most enjoy about your work? The people. I love my people. I get here at 6:30 in the morning and it’s like a family atmosphere. We’re a big business that hasn’t lost sight of humanity and the individual. You spend more time with your coworkers than you do with your family, your wife, your kids. We work hard, we service the customer, we have fun and we laugh. Speaking of laughter, Sit ‘n Sleep’s radio ads have gained a level of notoriety, but I understand that your new advertising strategy is more informational than humorous. Why the shift? What our ads have done so far is let people know we’re big, we’ve got a sense of humor and we give great service. What they don’t know is that we use a consultative approach in finding out what their specific sleep issues are. [In our stores] we have the Body Diagnostic Machine, a computerized system with sensors on the bed. We get information from the consumer — whether they sleep alone, their relative age, where their pain is — and enter it into the system via touch screen. Different beds are recommended based on their input. Our aim is to help them get a deep, restorative sleep. Most of our population is sleep-deprived.
Photography by Paul Jonason
Unless you’ve spent the last several years under a rock, you’re probably all too familiar with the Sit ‘n Sleep radio commercials featuring Larry Miller, the company’s president and CEO, and the fictional accountant who bemoans Miller’s radical pricing strategy with a cringe-inducing whine, which we’ll spare you here. Love them or hate them, the ads have played a key role in branding Sit ‘n Sleep as a leading mattress retailer in Southern California.
When did you launch the technology? Three years ago, and we’ve been improving it. We’ve put millions of dollars into research. It’s also reduced exchanges. It used to be 1 in 13 comfort exchanges, now it’s down to 1 in 30. Nobody wants to get
something they have to return, so it’s our job to make sure our customers are satisfied. What are your top three tips for someone who’s in the market for a new mattress? The first and most important is to bring your partner. Usually women are the main drivers in buying a mattress, so I tell them, bring your husband and once we’ve measured him, he can go watch football. Come when you’re not stressed. It takes at least 30 minutes to measure and pick the right bed. I would also find the right pillow first, or bring your pillow from home if it’s the most comfortable. The most common mistakes people make are keeping a bed too long or having the wrong pillow. Pillows should be changed once a year. What’s the oddest thing you’ve seen with people shopping for mattresses? A business partner was in one of our stores working with a couple who were trying out beds. A woman walked past the store, looked in the window, did a double take and came running into the store, yelling and swearing at the couple. She looked at the woman on the bed and said, ‘You were in my wedding four weeks ago and now you’re here, kissing my husband?’ He was buying a bed for his mistress.
and we completely gutted it. There will be 50 feet of glass looking out over the ocean. I wanted a lot of open space because I want the ocean to be the star of the house. Workshop or wine room? Wine room. Home gym or home theater? Neither. I’ve got like an 80-inch TV in the greatroom and a 70-inch one in my office, which overlooks the ocean. Smart phone or iPad? I’m an iPad guy and an iPhone guy. [Pulls out his iPhone] I’ve got some pictures of the house in here –oh, here’s a picture at a Lakers game. Nice seats! I love going to Lakers games. I go to almost every home game. Here are some pictures of my kids. What a great-looking family. My daughter is self-assured and strong. Beauty’s okay, but character is what’s important. As you get older, let’s face it — beauty fades. But you never lose your character, your intelligence or your integrity.
That sounds straight out of a bad sitcom. It’s true! Switching gears, I hear your company is heavily involved in charities. I was born with nothing. At one point in my life I barely made enough to feed my family. I was ashamed and I promised myself that if I ever came into money, I would help other people. It’s a blessing for me to be able to give. My dream is to start a foundation that takes people off the streets, funds their education and gets them started in a business or teaches them a trade. It wouldn’t be a $12-an-hour job, but something where they can be independent and successful. For me to write a check doesn’t build self-esteem and confidence. Starting a business does. There are a lot of people out there who need help, not a handout. If you had the opportunity for a do-over on a business decision, what would that be? I’ve made millions of dollars worth of mistakes. There’s nothing that I regret that much, because mistakes have taught me what to do. The best lessons I’ve learned were from mistakes I’ve made. If I hadn’t made any mistakes, I wouldn’t have learned any lessons. The only thing I do regret is not having had enough time for my kids when they were little. I was working seven days a week and I missed a lot of soccer games.
Reviewing the final plans (left to right) Gary Lane, President - Lane Design + Build; Luana Bercier, Bercier Design, Larry Miller
Describe your life philosophy in three words. Early to bed, early to rise, work real hard and advertise! [Laughter] Okay, a wink and a laugh and a positive attitude. I’m a pretty happy person. What can you tell us about your new house? About 30 years ago I was at a party in South Redondo and I fell in love with the view of the ocean. It’s an area where you’re at the top of a bluff and you can see Point Dume to the tip of Palos Verdes. The sunsets are gorgeous. The lot became available about a year and a half ago. [Realtor] Gary Elminoufi found it for me; he’s a genius. The house was a tear-down
Larry Miller enjoying his new digs
02.18.2011 | SouthBayDigs.com 25
Turning Opportunities into Results! SOLD IN 7 DAYS! 3867 Girard Avenue, Culver City Great opportunity to own 4 units in Culver City Great income producing property in Culver City 7.01% CAP 9.4 GRM Three 2Bed+2Bath & One 3Bed+2.5Bath Positive Cash Flow Owner user or Investors 6 parking spots Close to shopping and restaurants This is a short sale requiring lender approval
$749,000
Rachel Ezra Broker Associate
Dream it‌ See it‌ Achieve it! Where the Beach is your home. Direct: 310.400.0297 Office: 310.546.7561 x407 Fax: 310.546.6097 Rachel@RachelEzra.com
www.RachelEzra.com
3300 Highland Ave., Manhattan Beach
Once a Lifetime Once in a life timeinoceanfront opportunity Oceanfront Opportunity
2020 The Strand • Manhattan Beach 2016 The Strand is included in the sales price!
www.2020StrandVision.com Tremendous opportunity to develop your very own landmark oceanfront estate on the Strand in Manhattan Beach with nearly 67 feet of Strand footage. Situated on a corner lot, when combined, these side-by-side Strand properties offer unsurpassed sweeping views of the South Bay including Palos Verdes, Catalina, Malibu and beyond.
S Offered at $30,000,000
Steve Heavrin | 310-415-4322 | hevdog@gmail.com
Take your pick in Manhattan Beach Sand Section! 424 Marine Avenue • $1,599,000 Turnkey • Better than New Virtual Tour @ www.424MarineAve.info
453 29th Street • $1,599,000 Unique • Eclectic • Beach Chic Virtual Tour @ www.453-29th-Street.com
THE ULTIMATE IN BEACH LIVING Premier 100 Block Walkstreet Location! 132 20th Street, Manhattan Beach Live the ultimate Manhattan Beach lifestyle in this wonderful 5 bedroom, 4.5 bathroom home that boasts 4003 Sqft. of open living space with amazing ocean and whitewater views. Features include open third floor living space with large gourmet kitchen, family room plus breakfast area – all overlooking the expansive back deck with amazing indoor / outdoor living space and dramatic ocean views. Top level also includes a formal dining room and sizable living room with fireplace, which has French doors leading out to the front deck with even more sand / white water views.
COMING SOON... Manhattan Sand Section with Big Ocean Views!
CO M IN G S O O N !!
Steve Santos 310.488.4924
SteveS@Shorewood.com SteveSantosProperties.com A 32-Year Resident of Manhattan Beach DRE# 01440129
Great family floor plan with 4 bedrooms in the middle level including a fabulous master suite with ocean view deck and beautiful light / bright bath with Jacuzzi tub. Enjoy the wide-open office space area and separate laundry room on 2nd level. Ground floor includes a large front playroom off the walkstreet, guest bedroom with bath, two interior storage rooms and unbelievable on-site parking featuring 2-car garage with brand new epoxy flooring plus 4-5 carport spots for all your friends and family! Enjoy the best lifestyle that Manhattan Beach has to offer – steps to beach and downtown.
Offered at $3,450,000 • www.132-20thst.com
CUSTOMIZED MORTGAGE SOLUTIONS… ONE CUSTOMER AT A TIME.
Kevin B Pratt 310.738.2348 kpratt@shorewood.com • www.KevinBPratt.com 20th Year at Shorewood
28 SouthBayDigs.com | 02.18.2011
Victor Samaan
1720 South Elena, Redondo Beach
direct: 310-422-3339 | office: 310-373-6206 victor.samaan@bankofamerica.com Bank of America, N.A., Member FDIC Equal Housing Lender © 2010 Bank of America Corporation. Credit and collateral are subject to approval. zTerms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.
Lustrous prospects for the value of your property Do you know what your property is actually worth? Regardless of whether you plan to sell in the short or even the long term
a substantiated market price evaluation is worth every penny. A good enough reason for an individual, non-binding
property evaluation is worth every penny, we look forward to hearing from you, Your Engel & Völkers Team
Manhattan Beach · 500 Rosecrans Avenue · Suite 500 · Manhattan Beach · CA 90266 Telephone +1-310-341 3145 · pamela.todd@engelvoelkers.com www.engelvoelkers.com · dre# 01890913
f288a41f11bd389506a2dc81ad74867e1 1
25.01.2011 01:52:28
1519 Le Grande Terrace San Pedro • 90732
615 N Lucia Ave. Unit B Redondo Beach 4 Bedrooms, 3.5 Bath 2,480 Sq.ft. Ocean Views Upgraded “better than new” detached 3-story rear townhouse includes ocean views and many custom features including plantations shutters, 10 ft. ceilings, crown & base molding, security system, intercom, granite & marble counters, hand-scraped wood floors, CAT-5 wiring throughout, oversized garage and small backyard – perfect for pets. Large Master Bedroom with sitting area, walk-in-closet, spa tub, shower & double vanities. Short walk to stores, top rated schools, Pier & Beach.
Offered at $1,129,000 damira@damirabacic.com
Serving sellers & buyers in the South Bay for 22 years… Beautiful Spanish stucco in the heart of the Averill Park area in San Pedro! Beautiful spanish stucco in the heart of the Averill Park area in San Pedro. This home features 3,749 square feet and sits on a 6,750 sf lot. Includes: 5 bed, 5 bath, an office, and a maid’s quarters with direct access to laundry room. Enjoy a crows-nest view of the city lights to the san gabriel mountains, the harbor, vincent thomas bridge, lighthouse, and the ocean. Custom built in 1924, this home has a very unique style marked by coved ceilings, majestic arched ceilings/doorways, antique
It’s About You.
As a former teacher, I understand the importance of being a trusted advisor and knowledgeable resource for the community. My consultative approach to real estate is results-oriented with a laser focus on realizing your objectives. I’m committed to earning your business.
fixtures, laundry shoots, and stained glass windows. Enjoy a large master bedroom with a walk-in closet, marble-lined shower with jacuzzi tub, and views overlooking the city lights to the ocean.
REAL ESTATE CONSULTANT
Gary E. LaTourette Real Estate Consultant DRE#01424026
62 Malaga Cove Plaza Palos Verdes Estates, CA 90274
Cell: 310.503.7408 Office: 310.378.9494 Fax: 310.373.3427 GaryLt@pvexecs.com Search the MLS at GaryLt.com
Best Price Per Square Foot in the Area!
$811,000 Open House Every Sat and Sun from 12 to 5 p.m. Contact Info: Jason Marcil Cell Phone 310-892-1216 Email jjmarcil@gmail.com
Gerard Marcil Palos Verdes Investments Inc. Direct: 310-791-2000 jermarcil@aol.com DRE: 004854187
30 SouthBayDigs.com | 02.18.2011
Sweetheart Deals! 2920 Laurel Ave. MB
www.2920Laurel.com
• Tree Section Location • 3 bedrooms and 2 baths • Large Landscaped backyard • 1,872 sq. ft. • $1,249,000
2017 Farrell Ave. Unit A, RB
• Front Unit Town Home • 3 bedrooms and 2 baths • Extensively Remodeled • 2,500+ sq. ft. • $859,000
www.2017FarrellAvenue.com
JACK GILLESPIE Experience is Everything
DRE: 00426498 Jack.gillespie@southbaybrokers.com8
Direct (310) 200-4169 Office (310) 546-7611 Ext.344
DESIGNER SAND SECTION HOME WITH PANORAMIC OCEAN VIEWS! Stunning Pat Killen designed, modern beach home featuring 3 bedrooms and 3 ½ baths in 2000+ sqft per Builder. SPECTACULAR panoramic ocean and whitewater views. Modern kitchen with breakfast bar peninsula & full suite of Viking appliances. Custom floor to ceiling glass walls in master and living room. Exquisite finishes including custom cabinetry and specialty Porcelanosa tiles. Fully air conditioned, 3-stop dumbwaiter & custom automated black out shades throughout. High Tech Crestron System capable of managing audio, video, lighting, window shades, security cameras & HVAC. Two ocean view balconies for outdoor living and entertaining. Just steps to the Beach, Strand and Downtown.
320 21st Place, Manhattan Beach Offered at: $1,649,000 Nina Michaels
CRS Broker, 25 years Experience 310-318-0413 | NinaMichaels@att.net South Bay Brokers DRE #00727210
Leah Abraham
Realtor/Mortgage Broker 310-529-2021 Beach City Brokers
Lic#01036588/NMLS#360002
FABULOUS OCEAN VIEW HOME
612 13th Street, MANHATTAN BEACH ONE OF A KIND CORNER LOCATION. • 5 bedrooms, 4.5 baths • Gorgeous master suite • Private guest quarters • 3 bedrooms on the bottom level • Family room with wet bar and wine room • Living room on top level with balcony • 3 car garage • Steps to the beach and downtown
Offered at $3,299,000 HANA EL SAWY
REALTOR®, Licensed Broker, CRS DRE # 01063874 elsawy@att.net www.hanaelsawy.com
Direct (310) 968-2021 Office (310) 546-7611 x445
Caring Professional Service With Proven 8 Results
16 Bowie Road, Rolling Hills, 90274 4 Beds | 4 Baths | 4294 Sq.Ft. | Panoramic Views Located in the enchanting City of Rolling Hills, a private gated community located atop the scenic hills of the Palos Verdes Peninsula, this Ranch-Style Estate is set among an immaculate lush landscape and ranch style/equestrian environment. With an enduring respect for native wildlife and the natural surroundings, this one-of-a-kind home offers breathtaking panoramic views, from the majestic queen’s-necklace view of the Santa Monica Bay, to twinkling city lights below all the way to world famous downtown skyline, and across to the regal views of San Pedro’s impressive Port of Los Angeles. Pristine stables and private park-like settings are centuries away from the city below as you enter the grounds up a long private driveway, with lush, expansive, colorful, and meticulously maintained landscape that is well over an acre. Designed by a renowned local architect, the ambience of the exterior blend perfectly with the intimate interior spaces throughout this home and offer a feeling of openness and illumination of natural light. Five main bridle trails provide convenient access for ones equestrian enjoyment. The quiet, serene atmosphere is experienced while strolling through the grounds of this magnificent ranch-style estate. An extra-large three-car garage and parking platform provide extra parking for guests.
www.thejewelofrollinghills.com
CO
M
IN
G
SO
O
Offered at $4,600,000
Coming Soon Manhattan Beach
N
• 3 Bedrooms / 2 bath house with approx. 2,248 total sq. footage, includes apartment above garage, (buyer to verify) • Most sought after 30 x 90 full lot • Legal Duplex each with separate addresses • Interior of the main house is down to the studs and is in need of complete rehabilitation • Unlimited opportunity for upside potential for owner or developer • Large roof top deck accessible from the exterior as well as the interior of the home • Cozy and cute 1 bedroom, one bath apartment above the 2 car garage, also with ocean views • Located in the sand section of Manhattan Beach, below Highland Avenue, with phenomenal ocean views
Call for details
5502 Carmelynn Street
29068 Clevis Road
764 Avenue B
1126 1st Place
Torrance JUST SOLD!
Rancho Palos Verdes JUST SOLD!
Redondo Beach JUST SOLD!
Hermosa Beach JUST SOLD!
Jeannie Penner-More Realtor / Loan Consultant
310.259.6570
Jeannieshomes@aol.com • www.JeanniesHomes.com DRE: 01076415
310.541.8271 • peninsulasir.com
549paseolunado.com conVenient one leVel home
4807browndeer.com Views, PriVacy and serenity
1509viamontemar.com Panoramic coastal View estate
$1,189,000
$1,065,000
$3,999,000
549 Paseo Lunado, Palos Verdes Estates
4807 Browndeer, Rolling Hills Estates
1509 Via Montemar, Palos Verdes Estates
28325pontevedra.com luxurious remodeled home
2863viavictoria.com View retreat with Pool
2456viasonoma.com magnificent monte malaga estate
$739,000
$2,599,000
$2,799,000
28325 Pontevedra, Rancho Palos Verdes
2863 Via Victoria, Palos Verdes Estates
2456 Via Sonoma, Palos Verdes Estates
13bridlewoodcircle.com cul de sac conVenient location
4124vianivel.com new listing in Valmonte
4206stalwart.com 180 degrees of ocean Views
$1,799,000
$1,999,000
$929,000
13 Bridlewood, Rolling Hills Estates
4214 Via Nivel, Palos Verdes Estates
Rick Edler 310.872.4333 DRE# 01113145
116cottonwood.com newly uPdated townhouse
116 Cottonwood, Rolling Hills Estates
$782,000
The Edler Group
4206 Stalwart, Rancho Palos Verdes
Kitty Edler 310.283.8790 DRE# 00800837
Darin DeRenzis 310.418.6210 DRE# 01760239
IN ESCROW 1608 Via Fernandez, Palos Verdes Estates 16,000 sq.ft. | 70,000 sq.ft. Gated lot | 9 Bedrooms | 12 Bathrooms | Fully Furnished | Pool / Jacuzzi, tennis court, gardens, & lily pond | 6-car garage + 10 additional parking spaces | Designed by famous architect Tony Ashai | Gym, wine cellar, library, walnut built-in bookcases, gourmet kitchen
1103 Via Curva, Palos Verdes Estates
6508 Via Baron, Rancho Palos Verdes
4,700 sq.ft. | 6 bedrooms | 5.5 baths | Romantic Artist’s Retreat
Best Kept Secret with Ocean & Catalina Views | Walking trail by bluff to Terranea
on ½ acre lot | Remodeled by Ed Beall
Resort | 4,645 sq.ft. | Great Floor Plan | Excellent Value
$2,495,000
$1,499,000
30504 Palos Verdes Drive West, Rancho Palos Verdes
Excellent one level home in PVE
Price reduced! | Build Your Dream Home
Wonderful one level home with over 4000 sq, ft, 3 car garage,
~12,000 sq.ft. lot, Architectural Plans for 4,300 sq.ft. home
circular drive way in the heart of MonteMalaga with pool/ spa
$699,000
Over 12 feet high ceiling thru out. Renovated in excellent condition
$2,185,000
1609 Via Barcelona, Palos Verdes Estates Views from Catalina to Malibu | 4,700 sq.ft | 5 Bedrooms | 5 Baths | Maximum PrivacyGourmet Kitchen | Pool & Spa
$2,498,000
1504 Via Asturias, Palos Verdes Estates 4,200 sqft. | Beautifully Landscaped 15,000 sq.ft Lot | 3 Bedroom Suites + extra bedroom downstairs | Great for Entertaining Priced to Sell!
$2,198,000
609 Via Horquilla, Palos Verdes Estates Palos Verdes Estates - A Golfer’s Paradise! Situated on an exclusive cul-de-sac, this 5600 sq. ft. home boasts sweeping golf course,coastline, city lights and mountain views. The custom floor plan includes 2 family rooms, one on each level, an office off the entry & a craft room (or maid’s room). The home is designed around 2 brick courtyards that invite the gardens inside. 4 bedrooms, 6 baths, including the sumptuous master suite with spacious walk-in closet & spectacular views. Extra touches include: 5 fireplaces, 2 wet bars, skylights, recessed lighting throughout, 7 zones of heating with 2 furnaces, hardwood floors, & 3-car garage with a circular driveway
Priced to sell at $2,499,000
LILY | LIANG 310.373.3333 lily@lilyliang.com dre #00837794
7 Sea Cove Drive, Rancho Palos Verdes
24 8th Street, Hermosa Beach
3410 Hermosa Avenue, Hermosa Beach
Great opportunity to purchase a rare coastal lot with plans for a 4000 square foot Marmol Radziner contemporary design home with 100 feet of frontage. Lot is across the street from the coastline. Lot is over 10,000 square feet and offers awesome ocean and coastline views. Sea Cove is a highly desirable street filled with some of Palos Verdes most desirable homes and has a private path to the beach and coastal tide pools. Close proximity to Terranea Resort, Abalone Cove, Portuguese Bend Club and Shoreline Park. Build home as a primary residence or a second home. Home across the street is said to be Frank Lloyd Wright’s last residential project. Land directly across the street is not buildable allowing for unblockable views. Buyer and buyer’s agent to verify all information. Seller is open to a joint venture for spec project.
Fantastic new contemporary home in the heart of downtown Hermosa just two doors from the strand and sand, Gourmet kitchen with walk-pantry comes complete with commercial Viking appliances, granite counter tops, custom cabinets and hard wood floors. This home is equipped with elevator, beautiful decks including one on the roof which is engineered and ready for a spa and BBQ to enjoy the city and whitewater views. Spacious open floor plan, living room with fireplace, master has a walk-in closet, large his/her bath, jacuzzi tub. House is wired for stereo, alarm as well as high speed internet (CAT5). Hermosa Beach living at it’s best!
Architectural Digest’s Editors’ Selection October 2010. A masterpiece in art & living. These worlds meld in this testament to post modern design. An early work by the internationally acclaimed Morphosis design team, Thom Mayne & Michael Rotondi, this blending of stainless steel, concrete & natural elements combine to create a stunning home of epic architectural significance. Featured in the New York Times, this 4000+ square foot home has 4 levels with living room, dining room & kitchen all situated on the top floor to take full advantage of the spectacular ocean/ coastline views. The entrance opens to a 3-story, semi-circular atrium. 2 sets of stairs trace a path through the structure that has an elevator, 3 bedrooms, a wine cellar, 2 fireplaces & a family room. Unobstructed ocean views from PV to Malibu, home has been called “the tallest home in Hermosa Beach.”
$694,500
$2,595,000
$3,495,000
Artfully Representing “Navigating the Real Estate market can be challenging during these uncertain times. As a partner with Peninsula Sotheby’s International Realty I can offer you unsurpassed exposure and experience in the marketing of your home or when representing you in the purchase of a home. Please call me on my cell phone at (310) 990-4727.” —Gerard Bisignano
Gerard Bisignano is a life-long resident of the South Bay. He has been selling luxury real estate in our coastal community for over 19 years. He has been a consistent top producer and in 2009 became a partner/owner with Peninsula Sotheby’s. He received his MBA from Loyola Marymount University and served eight years on the Redondo Beach City Council. His marketing efforts have produced two homes named L.A. Times “Home of the Week” and he has been featured several times on NBC’s “Open House Los Angeles.” He has marketed one of the highest priced homes ever listed on the Manhattan Beach Strand and is known for being a top agent for luxury real estate from Manhattan Beach to the Palos Verdes Peninsula.
Gerard Bisignano, House At The Beach Inc. & the power of the Sotheby’s International Network have combined to bring you...
Coastal Luxury Leasing Representing the finest coastal homes for lease in Southern California. Call our leasing office at 310-686-4544.
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1600 The Strand, Manhattan Beach
301 25th Street, Manhattan Beach
Grandieur Embodied. First time to market. Ray Kappe Design-”His designs evince a mastery of warm, modern spaces, clearly expressed construction systems, and environmental sensitivity.”Situated on a prime Strand north corner and a 1 minute walk to downtown. Built prior to current codes, allowing for a rare rooftop pool, expansive top decks and over 5200 sq feet. Floor to ceiling windows allow panoramic whitewater views from PV to Malibu. Concrete, steel and stone, this contemporary masterpiece is accessed through a pivoting sculpted stainless steel door. Downstairs is a Strand level media room and 2 glass enclosed bedrooms. Entry level has the kitchen, dining area, huge granite bar and a wine room. Top living level has the master bedroom and spa quality bath. Stairways lead to the rooftop pool and expansive entertainment outdoor area. Rounded and angeled, this home embraces the coastline. This home has 3 large open fireplaces-a Kappe signature- 3 car garage and an elevator to the roof.
Walk Street - Classic Beach Duplex. Live and play only three blocks from the beach. Stunning water and beach views with perfect sunsets. Living room has wood burning fireplace. Walk out on to your front deck for lounging or grilling. See and hear the waves. Recently renovated — move right in and enjoy the summer. In the beautiful Sand Section of Manhattan Beach on a oversized 2/3 lot. One 3 bed/2 bath unit and one studio with full bath and kitchen. Both units are super easy to rent. Sit on the deck and sip your morning coffee and enjoy the ocean views. Great investment or build opportunity.
3608 Crest Drive, Manhattan Beach
12 Country Meadow Road, Rolling Hills Estates
*Sand Section, Corner Lot *3 bedroom, 4 bath Home *Ocean views from 2nd Floor & Private Balcony *Direct access to the 2-Car Garage.
*4 bedroom, 3 bath Home behind the gates at The Ranch. *Large master suite with fireplace, 2 walk-in closets, double sinks *Pool & Spa *24 hour guard on duty
$5095 per month
$5500 per month
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$1,449,000
3104 Ocean Drive, Manhattan Beach
30004 Matisse Drive, Rancho Palos Verdes
*Charming 2 bed 2 bath owners unit *Great ocean views-Best and most private stretch of beach. *Hardwood floors *2 car garage
*4 bedroom, 3 bath Home *Large yard & pool *Gourmet kitchen with new granite counters & views! *Master bedroom with walk-in closet & pool access. *Two fireplaces, wet bar & 2-car garage.
$12,499,000 $4500 per month
$4300 per month
Estates of Epic Architectural Significance
Gerard Bisignano Peninsula Sotheby’s International Realty Cell: 310-990-4727 Office: 310-376-6004
PeninsulaSIR.com | Gerard@HouseAtTheBeach.com DRE: 01116110
No other Realtor has sold MORE homes in the
Hollywood Riviera since 2003 277 Via Buena Ventura Hollywood Riviera
THIS WEEK’S FEATURED PROPERTY
Offered at: $1,799,000
Magnificent Brand New Custom Built Spanish style home located within walking distance to the Riviera Village and the beach. Features 5 bedrooms, 4.5 bathrooms, gorgeous gourmet kitchen, soaring ceilings, vaulted turret, elegant circular staircase and two family rooms, (one downstairs + one upstairs with a wet bar.) Light and airy floor plan designed to take advantage of numerous windows and doors in the most functional and enjoyable way. Additional features include Hickory Pecan hardwood floors, Marvin (Integrity series) windows, special arches, four fireplaces (including one outside), two forced air units (plumbed for central AC) a three car garage (approximately 580 sqft), master bedroom walk-in closet with custom built-ins and too many other features to list. This combination of A+ location, extraordinary design, and large size is a very rare find in the Riviera.
www.277viabuenaventura.com
• # 1 Realtor in Sales Volume in the Hollywood Riviera in 2010
• #1 Realtor in the Hollywood Riviera for 6 out of the last 8 years
• Over $100M in Total Sales Volume in the Hollywood Riviera since 2002
• Over 100 Single Family Home Transactions in the Riviera since 2002
• All time Highest Price Sale in the Hollywood Riviera (East of Palos Verdes Blvd.) at $2.55M
26630 Shorewood Road Rancho Palos Verdes Spacious property | 5 bedrooms 3.5 bathrooms | 2,700 sqft.
Igor Nastaskin Cell: 310.892.6016 Office: 310.378.9494 inastaskin2@socal.rr.com www.IGORrealestate.com DRE 01317822
Your Best Move. Proud Sponsor of the Riviera Elementary Character Counts Program
8,000+ Sqft. lot. | Remodeled kitchen Granite Countertops Stainless Steel Appliances Incredible Ocean View | Vaulted Ceilings Fireplace | Central A/C | Hardwood Floors Sparkling Pool and Spa
Offered at: $1,079,000