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www.SouthBayDigs.com jULY 22, 2011

Terranea Resort Presents the Evolution of the Perfect Second Home. Three-Bedroom Beach Houses from $1,290,000’s

Check the details on p16

07.22.2011 | SouthBayDigs.com  1


“Let F reed ma n m” R ing.co

No other RE/MAX agent has sold more real estate in the three Beach Cities combined!

Robert Freedman 310-291-7779

A Most Premier Location

Incredible Home-on-the-Hill Has It All!

704 Pacific Avenue, Manhattan Beach 230 Anderson, Manhattan Beach Custom built in 1997, with superior materials throughout, including Marvin windows, oak flooring and cherry cabinets. The lot is 8,960 square feet (56 X 160)

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.

• Chef’s island kitchen with granite and tile counters and top quality appliances.

• Over 6,OOO Square feet of living space, with a very flexible floor plan

• Spectacular Ocean Views

• Custom woodwork throughout • Huge Panoramic Ocean Views

Twitter.com/LetFreedmanRing

Offered at $4,895,000

Offered at $4,699,000


Did I Mention the Views?

DEFINITELY NOT A TOWNHOME

233 1st Street Manhattan Beach

3108 Vista Manhattan Beach

This stunning south end Corner Townhome was built in 2003 and held by the developer until now. This is the first time this has been offered for sale. With 4 Bedrooms and 3.5 Baths, just under 1,900 Square Feet of Living Space, and arguably one of the best, panoramic Ocean Views you can find anywhere in Manhattan Beach, and a wide open living area from which to enjoy it - this one is a winner. •

4 Bedrooms, 3.5 Baths, 1,890 Square Feet

Drenched with natural light in every nook and corridor, this nearly new Single Family Home is located on a corner lot in the heart of the sand section. This Custom home offers excellent proximity to one of the best stretches of beach in Manhattan, in a quieter family friendly area near Grandview School. Yes there are ocean views towards Malibu from the upper living area of this quality built home, but these are not the primary focus of this contemporary beach retreat.

Incredible Panoramic Ocean Views

2 Blocks to the sand

3 Bedrooms and 3.5 baths Including an Opulent Master Suite with dual Walk-in Closets

Completely Open Living Level

2000 Square Feet of Living Space, 30 X 45 Corner Lot

Maple Hardwood Floors and Maple Cabinets with Granite and Travertine Counters

Ocean Views to Malibu

2 car garage + an Additional Space

A full array of high quality Appliances

Hardwood and Travertine Floors Throughout Living Area

2 Car garage plus a guest parking space

Granite and Travertine Counters

All for $1,789,122 #1 at RE/MAX Manhattan Beach for over 25 years running

Offered at $1,699,000 www.LetFreedmanRing.com


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.

Hear What our Clients Have to Say About Us!

www.CoastCapitalGroup.com/about/testimonials.php


LIS NEW TI NG

Representing Palos Verdes’ Finest Homes & Estates for over 29 years!

1271 Via Landeta, Palos Verdes Estates

1609 Via Barcelona, Palos Verdes Estates

Over 6800 sq.ft. with view, pool/spa on a quiet

Views from Catalina to Malibu, 4,700 sq.ft.

Bedrooms plus office and 7 Bathrooms,

6 Bedrooms and 7 Bathrooms, Separate Guest

street, Panoramic views, looking for space, view,

5 Bedrooms, 5 Baths. Maximum Privacy

huge master suite, pool and spa

House, Pool/Jacuzzi, Gourmet Kitchen

location, potential and Value? Here it is!

Gourmet Kitchen. Pool & Spa

$2,799,000

$5,999,000

$2,798,000

$2,398,000

$1,998,000

Paseo De La Luz, Rancho Palos Verdes

SO L Via Baron, Rancho Palos Verdes

D

HUGE PRICE REDUCTION - $2,375,000

Via Coronel, Palos Verdes Estates

SO L

with separate office, media room and playroom.

D

finest amenities. 3511 sq.ft. with 3BD and 4BA

outdoor living and entertaining

Via Garfias, Palos Verdes Estates

SO L

views! 4 bedrooms with study, huge decks for

D

1220 Via Coronel, Palos Verdes Estates Beautifully remodeled Lunada Bay home with the

ES IN CR OW

769 Via Del Monte, Palos Verdes Estates New York penthouse style with one of very best

ES IN CR OW

Paseo Del Mar, Palos Verdes Estates 7,188 sq.ft. home on a 24,840 sq.ft. lot with

ES IN CR OW

8 San Miguel, Rolling Hills Estates Spacious one level home, 4260 sq.ft. with 4

Paseo La Cresta, Palos Verdes Estates

Via Fernandez, Palos Verdes Estates

LILY | LIANG 310.373.3333 www.lilyliang.com | lily@lilyliang.com dre #00837794


ANOTHER OCEAN VIEW MASTERPIECE HOME!

A

s her countless satisfied clients will attest, Jane Sager has made exceptional service an art form. As one of the South Bay area’s leading real estate professionals for more than 20 years, she has built her reputation on providing expert guidance with a distinctly personalized touch. Jane builds lasting relationships with her clients, and provides keen market insight and creative solutions throughout the process. Quite simply, for Jane Sager, Success is an Art Form, so call her today and make the most of your opportunities in the South Bay area.

337 16th Street, Manhattan Beach On one of the Most Desirable Walkstreets in Manhattan Beach! Impossible to duplicate today this wonderfully spacious family home boasts over 4500 square feet of living area plus a four-car garage. The charming walkstreet patio at the crest of the hill features a built in BBQ - an entertainer’s dream with French doors leading to the family (or media) room, oversized bar area with beverage cooler, dishwasher and 250 bottle dual wine cooler. Four bedrooms and 4.5 baths plus an option for a fifth bedroom - a rare find in the Sand Section. Ideal location in the heart of downtown Manhattan Beach and three blocks to the sand, this home has one incredible ocean view.

www.JaneSager.com

Exceptional New Price... $2,899,000!

Jane Sager’s seasoned perspective is your advantage when buying or selling a home.

W

hen it comes to your real estate transaction, Jane believes it’s equally important to understand the big picture as it is to focus on the small details. In the end, her goal is to help you achieve exceptional results and enjoy the lifestyle of your dreams. But to get there, Jane knows it takes steadfast attention to detail and careful analysis to make sure every element is in place for success.

(310) 748-0677 With more than 20 years experience in the South Bay area market, Jane your from to every to ensure the best possible results. www.JaneSager.com approaches Now Is move The Time buyperspective an Investment Property! 4320 The Strand, Manhattan Beach

From defining your big picture goals to handling every vital detail throughout This charming duplex was listed for $999,000 and Sold By Jane! On the Ocean Front in Manhattan Beach! the process, she applies her expertise to help you make the right decisions for This original 1929 Spanish income property is in pristine your future. Call her today and discover the difference for yourself. One of a kind corner lot on the Manhattan Strand listed

3300 Highland Ave. Manhattan Beach, CA 90266 REALTOR ®

REALTOR ®

Jane Sager, CA Lic.# 01001004

condition. Two units plus an office on an oversized 6500 square foot lot. Hardwood floors throughout, lovely arched windows, classic fireplaces, and expansive outdoor entertaining areas. Two car garage plus 2 additional parking places. One incredible opportunity! Call Jane today if you have an interest in acquiring an exceptional income producing property.

www.JaneSager.com

at an exceptional price of $2,499,000! Rare opportunity to build your dream home with unobstructed ocean views. Stunning north-facing corner provides forever white water views to the north as well as the west. Current building is a duplex with a small studio upstairs and a one bedroom plus office on the first floor.

(310) 748-0677 Jane Sager, CA Lic.# 01001004 www.JaneSager.com www.JaneSager.com


Jane Sager’s seasoned perspective is your advantage when buying or selling a home.

W

hen it comes to your real estate transaction, Jane believes it’s equally important to understand the big picture as it is to focus on the small details. In the end, her goal is to help you achieve exceptional results and enjoy the lifestyle of your dreams. But to get there, Jane knows it takes steadfast attention to detail and careful analysis to make sure every element is in place for success. With more than 20 years experience in the South Bay area market, Jane approaches your move from every perspective to ensure the best possible results. From defining your big picture goals to handling every vital detail throughout the process, she applies her expertise to help you make the right decisions for your future. Call her today and discover the difference for yourself.

(310) 748-0677 www.JaneSager.com

Jane Sager, CA Lic.# 01001004


27926 Longhill Drive | Rancho Palos Verdes 5 Bedroom | 3 Bathroom | 2494 sq ft 8460 sq ft lot | Relaxing Views Welcome home to this beautifully upgraded Cape Cod style home with a lovely flat yard and relaxing view. As you arrive, you will notice the nice curb appeal, the beautifully landscaped yard and elegant pavestone driveway. Featuring a spacious 5 bedroom and 3 bathroom two-level floor-plan, this entertainers delight brings the best of Southern California outdoor living to life with a large backyard with paved patio, vegetable beds and views of the canyon, city lights, coastline and harbor. Once inside, your will find a gorgeous kitchen with stainless appliances, granite counter tops and kitchen island with a 2nd sink. Upgraded bathrooms with nice stonework, hardwood floors and travertine floors, fireplace, dual pane windows and sliders, smooth ceilings, inset lighting, and ceiling fans. Other features include crown molding, custom window covering, dry bar, wiring for data, alarm and security, copper plumbing and much more.

Offered at $1,160,000 TRICIA RAPAPORT THE GO-TO REALTOR REMAX PV REALTY 310-378-1163 | FAX 310-872-5664 TRAPAPORT@REMAXPV.COM | WWW.THEGOTO RE.COM DRE # 01339473


UNITS FOR SALE STARTING AT $489,000

1917 Nelson Avenue, D | Redondo Beach 3 Bedroom | 3 Bathrooms | 1444 sq ft | Fully Upgraded Townhome You will be charmed by this extraordinary townhome located in Redondo Beach! This home boasts 3 bedrooms and 3 bathrooms with over $50,000 of upgrades. The kitchen is a designer’s dream with stainless steel appliances, granite counter tops and tumbled marble backsplash. The bathrooms have been remodeled with travertine, moldings and more. Here you will find custom wood shutters throughout, hardwood floors, smooth ceilings and recessed lighting, wainscoting, crown moldings, skylights, vaulted ceilings in the living room, a cozy fireplace and a built-in sunny reading lounge in the stairwell. You will also enjoy the walk-in closets, a private patio for barbecuing and entertaining, 2-car garage, private laundry, a quiet street and wonderful location just adjacent to Manhattan Beach.

Offered at $599,000

TRICIA RAPAPORT THE GO-TO REALTOR REMAX PV REALTY 310-378-1163 | FAX 310-872-5664 TRAPAPORT@REMAXPV.COM | WWW.THEGOTORE.COM DRE # 01339473


south bay

SOUTH BAY HISTORY TIDBITS

MANHATTAN / HERMOSA PIERS CONTENTS By Maureen Megowan / RE/Max Palos Verdes Execs

16 Publisher’s Muse Mid-Summer Real Estate Dreams

Among the first structures built in Manhattan Beach were two wooden piers built in 1901, one at Center Street (later renamed Manhattan Beach Boulevard) and one at Marine Avenue called Peck’s Pier and Pavilion.

16 On The Cover Terranea Resort Presents the Evolution of the Perfect Second Home. Three-Bedroom Beach Houses from $1,290,000’s.

21

Home of the Week

Premier Oceanfront Corner Lot on the Strand! Oversized, North-facing, corner lot with two Spanish Mission style homes boasting a total of 9 bedrooms, 5.5 baths in a quiet part of Hermosa Beach. Offered by Kim Mattos, Mattos Properties.

39

LOCAL MARkEt tRENDS

Real-Time Market Update for the Beach Cities

First Manhattan Beach Pier

SOCIAL MEDIA Twitter@SouthBayDigs

The Center street pier was believed to have been 900-feet long. Pylons were made by fastening three railroad rails together and driving them into the ocean floor. A narrow wooden deck was supported by these pilings. A wave machine was installed at the foot of the pier in order to generate electricity for the lighting system on the Strand but the plan did not work. The “old iron pier” as it was called, was destroyed by a major storm in 1913.

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 Writers pamela Corante-Hansen Quinn Roberts editorial@southbaydigs.cOM 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 forvvhdrawal 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.

Original “old iron pier” (left) Lack of money, lawsuits, storms, and debates about when and where to build another pier delayed Manhattan Beach from having a pier completed until 1920. This time, it was a cement pier with a rounded end and it was 928-feet long. Engineer A.L. Harris developed the concept of the circular end for less exposure and damage to the pilings by the waves. The roundhouse at the end was not completed until 1922. In 1928 the pier was extended out 200 feet (at no cost to the city) when a Captain Larsen of Redondo Beach offered to pay for an extension in exchange for the rights to run a shore boat between the pier and his barge Georgina,. On January 9, 1940, 90 feet of the extension were ripped away during a winter storm. The extension was never repaired and the remaining section was swept away in February 1941. In 1946 the pier and adjoining beach were deeded over from the city of Manhattan Beach to the state Storms and time were not kind to the pier and repairs were made but the appearance changed. In 1991, a decision to restore it back to its 1920s appearance was made. The Roundhouse was completely rebuilt and is now occupied by the Roundhouse Marine Studies Lab .& Aquarium. In 1995, the pier was declared a state historic landmark. It is the oldest standing cement pier on the West Coast In 1904, the first Hermosa Beach pier was built. It was constructed entirely of wood, even to the pilings. It extended five hundred feet out into the ocean, but in 1913 was destroyed in a storm. In 1914, Hermosa completed its second pier, a 1,000-foot concrete structure complete with small tiled pavilions along the sides to afford shade for fisherman and picnic parties. Eventually, a bait stand was built out on the end.

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.

10  SouthBayDigs.com | 07.22.2011

For more local history, see www.southbayhistory.com


22 MELA LANE, RANCHO PALOS VERDES

99 VANDERLIP DR., RANCHO PALOS VERDES

This stunning 3 bedroom plus Office, 3.5 bath, 3.064 sq. ft. Home in the Private gated Villa Verde area is Decorator Perfect, with a 180 degree View from the Ocean to the Mountains, making for a spectacular “Queen’s Necklace” & City light View. It is Light Filled, with Soaring Ceilings, Hardwood floors, Leaded Glass Windows, and French Doors. The upstairs has an open Floor Plan in the Kitchen, Breakfast area, and Family room. Enjoy the views from the Balcony off of the Living Room or the Huge Lower Deck with a Spa overlooking the Community Pool. Other features include 3 Fireplaces, all Bedrooms with” En Suite” Baths, Built-in Cabinets, Large Storage Closet and attached 2 Car Garage. 2 Tennis Courts, Gazebo, Spacious Green Grass and Open Space. This is very Private Enclave of 33 Homes with Security Gates.

Once in a lifetime opportunity to own both a beautiful home as well as a piece of history. Frank Vanderlip, the original developer of Palos Verdes, constructed this home, which he called “The Cottage”, in 1916. This is the earliest existing home on the Palos Verdes Peninsula. The Cottage is ideally situated at the top of the Portuguese Bend community behind private gates, and adjacent to the famous Vanderlip Mansion. The home has incredible ocean and Catalina views. The Cottage has 4 bedrooms, 4 baths and is approx. 3,866 sq. ft. There is also an adjacent guest house. Both the dining room and living room exude a Victorian style of the 1920’s. The 3 upstairs bedrooms are very large, especially the Master Bedroom, with spectacular ocean views. The private entrance drive is up a beautiful tree-lined promenade ending at the entrance to the Vanderlip Mansion and The Cottage. The sense of history and exclusivity of the home, combined with its beautiful architecture, pool area and views, makes The Cottage one of the most unique homes on the Palos Verdes Peninsula.

Call to show by appointment.

Priced to sell at $1,385,000

Offered at $2,300,000

For virtual tour, go to: www.PalosVerdesLiving.com

Maureen Megowan 310.541.6416

Take a seat. I’ll do the rest.

MaureenMegowan.com (QCS, PV Specialist, SRES, SDPE)

Web blog: mmegowan.activerain.com


CR ES IN

Featured Listing in Golden Hills

OW

Move Forward. 1543 Standford AVe., Redondo Beach 90278 3 Bed | 3 Bath | Turn Key

SO

ES IN RO W

LD

OFFERED AT $735,000

Awesome South Redondo Retreat!

1171 Shelley St. Manhattan Beach 90266

409 Miramar Drive, Redondo Beach 90277

4 Bed | 3 Bath | 3,219 ft.

3 Bed | 2 Bath | Single Level

OFFERED AT $1,499,000

OFFERED AT $679,000

Panoramic Ocean View Condo!

New Listing!

ES IN CR OW

Exclusive East Manhattan Poets Section

709 N. Juanita #5 Redondo Beach 90277 3 Bed | 2 Bath | Huge Balcony OFFERED AT $629,000

601 S. Prospect #305 Redondo Beach, CA 90277 2 Bed, 1 Bath, Top Floor End Unit Brookside Village | Priced to Sell! OFFERED AT $379,000

COMING SOON: North Redondo SFD with 1,700 sf+ completely Remodeled 3 Bed/2Ba on a 9,000 sf+ Lot - $870,000 Torrance Industrial with 4,000 sf of Office and 2,500 sf of 27’ high warehouse. Built in 2007 - $1.75m

Tony Accardo Email: Tony@BeachCityTony.com • Direct: 310-855-3557 • Facebook.com/BeachCityTony.Page All information from reliable sources but not guaranteed. Buyer and Buyer’s Agent to verify. RE# 01863340


GO with Beach City Brokers - GET RESULTS! Realize your real estate goals with our unsurpassed commitment and focus to deliver maximum value for your home in a minimum time period, without the stress. Let’s talk about your real estate goals today call Gary at 310-292-0332 or Tony at 310-855-3557.

O SA PEN T/ H SU O N US 1- E 4

New Listing! Amazing Ocean View Home.

515 S. Lucia Ave | Redondo Beach 5 Bedrooms | 3.5 Bathrooms | 4100 sq ft | 7200 Sq. Ft. Lot | Almost New Great entertaining home perched high on a hill and on a cul-de-sac with west facing ocean views and east facing LA city lights and snow-capped mountains. Fantastic traditional floor plan with 5 beds 3 baths all upstairs. Just a short few blocks to award-winning schools, parks and the beach! This house is a must-see and will not last!

$1,559,000 - JUST REDUCED

1 2 SO LE LD FT !

O SA PEN T/ H SU O N US 1- E 4

2 Brand New Detached Ocean View Townhomes!

123 Guadalupe, Redondo 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. Professional stainless steel appliances. Hand distressed hickory pecan wood floor, must see!

STARTING AT $999,000 - JUST REDUCED

Gary Elminoufi Email: Gary@GaryElmo.com • www.GaryElmo.com • Direct: 310-292-0332 • Office: 310-543-3536 x300 All information is from various sources deemed reliable but not guaranteed all parties to verify DRE: 01139207


PR NEW IC IN G

UNITS FOR SALE STARTING AT $489,000

WHERE WORK, IS ANYTHING BUT‌ Free yourself from the confines of the cubicle. Cut the commute. And discover an entirely new way to work. Where inspired architecture meets intelligent design. Where spectacular views are not just reserved for the corner office. WELCOME TO 1300 HIGHLAND AVENUE. An extraordinary mix of 34 contemporary work lofts and retail units, each one as unique as you.

Ideally located in the heart of a vibrant

beach community, 1300 Highland Avenue puts the best of coastal living right outside your office door. Merging the concepts of productivity and lifestyle, efficiency and fun, work and play.

BRYN STROYKE STROYKE PROPERTIES 920 Manhattan Beach Blvd, Ste 4 office: 310-545-9595 cell: 310-880-3436 bryn@stroykeproperties.com


2909 THE STRAND HERMOSA BEACH YOU’VE BEEN LOOKING FOR THE PERFECT ONE-OF-A-KIND COLLECTABLE…NOW YOU’VE FOUND IT.

There’s no other property like it on The Strand, and there never will be. There is more to life at 2909 The Strand. Much, more, with three above ground floors (instead of the typical two) and each of them with almost 50 feet of expansive frontage (instead of the typical 24 feet) --- plus a full sized roof deck, you will enjoy 300% more frontage than the typical Hermosa Strand home. That means more room to live, breath, entertain and grow. Not to mention more spectacular views of The Strand, the beach, the blue waters just mere steps from your door. Sure your neighbors might have frontage-envy, but you can invite them over to enjoy the sunset from the largest roof top deck on The Strand...yours! At approximately 10,000 sf. in total square footage, and a can’t-be-replicated 35 foot in height, 2909 The Strand features, 7 bedrooms, 7 baths, 3 half baths (including a separate housekeeper’s quarters) this property is unrivaled on The Strand. This opportunity simply redefines The Strand experience and must be seen to be believed. For more details go to:

www.2909TheStrand.com

Offered at $18,899,000

BRYN STROYKE STROYKE PROPERTIES 920 Manhattan Beach Blvd, Ste 4 office: 310-545-9595 cell: 310-880-3436 bryn@stroykeproperties.com


PUBLISHER’S MUSE

Mid-Summer Real Estate Dreams

Your GetawaY Home not far awaY

O ce anfrOnt c asitas and Vill as i n a WOrld c l ass r esOrt

NOW PRICED FROM $1,295,000 c Ome tOur Our three -BedrOOm secOnd hOmes c all 310-265-2888 terranearealestate.cOm Call today for details on the Terranea Luxury Club and its extraordinary benefits for Villa & Casita buyers. Valid only through Summer 2011. ExcEllEnt Financing availablE brokErs wElcomE

“My interest is in the future because I am going to spend the rest of my life there”

Summertime in the South Bay is truly a state of mind. Is there a better place to be? We are lucky to live in such a remarkable place – with some of California’s best beaches, farmer’s markets, walking trails, parks, nightlife and restaurants right at our doorstep. And let’s not forget the real estate – the eclectic range of architecture that defines the South Bay beach lifestyle.

 Charles F. Kettering (American engineer, inventor of the electric starter, 1876-1958)

A few weeks ago South Bay Digs was invited to watch a presentation on the state housing market given by Leslie Appleton-Young, Chief Economist of CAR. In this issue we review the highlights and deep dive the local real estate market starting on page 39 . Currently, there is a total of $1,084,468,436 worth of single-family residences for sale in the Beach Cities of Palos Verdes (PVE, RPV, RH, RHE) and Manhattan, Hermosa and Redondo Beach with an average list price of $1,986,206.

South Bay Real Estate Market Overview:

Prices subject to change without notice. Usage guidelines apply.

Total Valuation of active single family homes for sale in the Beach Cities of Manhattan, Hermosa and Redondo Beach:

Total Valuation of active single family homes for sale in the Beach Cities of Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills and Rolling Hills Estates:

Total Valuation: $499,834,485 Total Listings: 263 Minimum List Price: $369,900 Maximum List Price: $27,000,000 Average List Price: $1,900,511 Average Price Per Square Foot: $726.78 Average Days on Market: 83 Average Year Built: 1972 Average Square Feet: 2,615 Average Lot Square Feet: 4,925 Average Rooms: 4 Bed, 3.24 Bath

Total Valuation: $584,633,951 Total Listings: 283 Minimum List Price: $540,000 Maximum List Price: $12,950,000 Average List Price: $2,065,844 Average Price Per Square Foot: $583.41 Average Days on Market: 103 Average Year Built: 1970 Average Square Feet: 3,541 Average Lot Square Feet: 23,059 Average Rooms: 4 Bed, 3.79 Bath

*Property data taken from MRMLS Active (SFR) Homes for sale in the cities of Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills and Rolling Hills Estates. Current properties for sale data were taken as of press time. Information is deemed accurate but not guaranteed.

2 Peppertree Drive | Rancho Palos Verdes

Warren J Dow Publisher wdow@southbaydigs.com 310-373-0142

3 Bedrooms | 2 Bathrooms | 2000 sq ft | 25640 sq ft Lot Panoramic Ocean Views Incredible 180˙ view home located in the tranquil gated community of Portuguese Bend – walk to beach! Home features fabulous “Great Room” concept which can be modified easily. Charm & grace throughout and the absolute best Catalina views around. Offered at $1,494,000

George Fotion Cell: 310.346.6467 george.fotion@homeispalosverdes.com www.homeispalosverdes.com

16  SouthBayDigs.com | 07.22.2011


Your Community... Your Life...

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Offering simple and personalized solutions for your home financing needs. Competitive rates, provided by a local bank with concierge service. Experience the

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Loans are subject to credit & property approval. Other conditions & restrictions may apply. Hazard insurance may be required. NMLS#401422 ©2011 Bank of Manhattan, N.A.


LIS NE TI W NG

Stunning! Manhattan Hill Section

Casual Elegance with High End Finishes 849 10th Street u Manhattan Beach

5 Bedrooms u 4.5 Baths u 4,356 Square Feet u 6,000 Square Foot Lot Spacious home with a nice open floorplan. Hardwood floors throughout. Living room, family room and master suite with fireplaces. Large entertaining kitchen with stainless steel appliances (Sub Zero, Viking & more.) 2nd family room with endless options! 3-car garage. Nice easy walk to downtown Manhattan Beach. Award winning Robinson Elementary School District. Spacious backyard with outdoor fireplace and entertaining area that includes a 48 inch stainless steel DCS grill, two burners, sink and refrigerator.

Cindy Shearin The Shearin Group

NW Real Estate Brokers

310-546-1501 310-200-8318 cell

www.CindyShearin.com DRE #00925580

$2,589,000 www.84910thStreet.com Brokers Open Friday, July 22nd 12-2 Open House Saturday, July 23rd 1-5 Sunday, July 24th & 31st 1-5


HOME OF THE WEEK

PREMIER OCEANFRONT CORNER LOT ON THE STRAND! Oversized, North-facing, corner lot with two Spanish Mission style homes boasting a total of 9 bedrooms, 5.5 baths in a quiet part of Hermosa Beach. Front home on the Strand- is 5 bed/3.5 bath, 2,500 sq.ft. The back home, with 25th St. frontage, is 1716 sq.ft with 4bed/2 bath. This versatile property would allow the owners to live in/or rent while plans are made to build your dream home. 3,594 sq.ft. of buildable space, the remaining 2,604 easement area may be used for gardens w/ flowing fountains, pond and BBQ for your entertaining pleasure. Each morning, you’ll awake to the crisp sea air, by day- the passing parade on the Strand will energize you. Alas, the rhythmic sound of the waves crashing will lull you to sleep. Ideal for California outdoor life style; only your vision will tell‌ From the quaint community of HB is easy access to freeways, short distance to shopping, restaurants, and nightlife. Build your dream home on this unique property or enjoy the vintage homes while living the California dream. This is most desirable section of The Strand.

Offered at $6,995,000

2444 The Strand, Hermosa Beach www.2444thestrand.com

Features: Corner Lot | Courtyard | Garage-Attached Parking/Garage Included | Fireplace Hardwood Floors | Vaulted Ceilings Oceanfront Panoramic Views Quick Stats: 9 Bedrooms | 5.5 Bathrooms | 2-car Garage | Year Built: 1928 | 3927 Sq. ft 6198 sq ft Lot | Duplex Style

CALL FOR MORE INFORMATION

Kimberly M Mattos Mattos Properties 408.373.3188 mattosprops@earthlink.net


The Shortest Distance Between Two Points is a Straight Line…

$5000

As a REALTOR and licensed Mortgage Loan Originator with the NMLS, I can provide integrated real estate solutions for buyers and sellers.

List your home with us and we will credit you $5000 at the close of escrow!

SELLERS: I can qualify Buyers at an open house, help you analyze

*Offer valid through September 15, 2011. Must mention this ad. Final sales price must exceed $500,000 dollars. Short Sales excluded.

2010 Beach City Brokers Top Producers

ks

Buyers pre-approvals and offers!

BUYERS: I can find the best Mortgage solutions for your new home in a thorough and expedited manner

kathy and susan

Kathy Pahlow

Susan Leighton

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310.561.2057

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kathyandsusan@beachcityagents.com

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Executive Office

DRE #01341238 -NMLSR #237011

22  SouthBayDigs.com | 07.22.2011

!

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SE EA

310-918-8844 mobile manons@verizon.net manonschiller.point2agent.com BEACH CITY BROKERS

CALL NOW!

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116 S. Catalina Ave S. Redondo Beach 90277

423 S. Pacific Coast Hwy S. Redondo Beach 90277

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705 N. Pacific Coast Hwy S. Redondo Beach 90277


RE DS . ’ U N .. YO ECO OM S FR 0 1 AY AW

Every home, condo, & townhome listed for sale and lease in the South Bay! — Photos Included!

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Plus new listings for every city the moment they happen! The most complete & current local real estate search engine!

LisaLevin.com * Trusted by celebrities and discerning professionals as the realtor of choice * Over 18 years experience as a leading real estate professional * Featured on A&E, Discovery, HGTV/Fine Living, Retirement Living and other high profile media * Networked to database of buyers and sellers nationwide * Custom rental procurement services Contact my office for free property evaluation and comparable reports. ASK ABOUT MY PERFORMANCE DRIVEN MARKETING PLAN

Beach City Brokers Office 310-543-3536 x321 Rami@welcomehomela.net

Realtor / Mortgage Broker Cell 310-947-1180 www.WelcomeHomeLA.net

07.22.2011 | SouthBayDigs.com  23


Your Home - Your Future - Your Legacy

Commissionsforeducation.org Participating Members

Your Greatest Achievements Are the Things You Do FOR OTHERS!

SCAN QR CODE FOR RESULTS

High Achiever Top Producer READY TO DO FOR YOU!

Alex Abad – Founder Abby Waddell Alex Bannerman Alicia Greene Antoinette Hopper Barry Host Chad Fahlbusch Charles Fisher Colleen Cofield Colleen Cole David White Danielle Newson Diana Turner Dunham Stewart Eric Fonoimoana Georgiana Rosenkranz Ian Rusnell Jack Gillespie Jeff Amberg John Skulick Julie Ann Forney June Emerson Keith Kyle Ken Adam Lauren Perreault Lynn O’Neil Nick Philips Nick Schneider Nina Michaels Norm Hugo Ophelia Grenke Ricci Reardin Robyn Biener Rose Van Hook Shiela Fowler Susan Boettner Tad Thormodsgaard Ted Craddock Todd Pearl In a recent independent survey, over Trevor Plunkett 95% of our clients say they so Benare Hsu pleased with our service that they Manly * would recommend usScott to others. Cherly Kelly With Customer Satisfaction ratings this high, we  JoAnn Maisch decided we’re going to keep right on doing what  Ted Kohn we do best: serving our customers. Steve Carrol Bree Noble 25 years in the South Bay. More than 100  Greg Snider full-time agents. A reputation for integrity. You  can trust your next real estate transaction to  Matt Goeglein South Bay Brokers. Jim McFarland Matt Cooke Terry Russel Manhattan Beach Redondo Beach Kirsten (310) 546-7611 (310)Cole 375-0583 South Bay Digs – Media Sponsor

AFTER 25 YEARS, THE ONLY THING WE’RE CHANGING IS OUR LOGO.

Alex Abad 310-877.6488 alex.abad@southbaybrokers.com TheManhattanBeachRealEstate.com 200 Pier Avenue, Suite 305 Hermosa Beach, CA. 90254

Committed to give 1% of all their earnings to our schools

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For More information on joining please call Alex Abad 310.877.6488

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We know the market. We know our customers. We know how to earn your trust.


Commissions For Education In a unique event that took place in Hermosa Beach July 7, members of Commissions for Education met with Education Foundation leaders from communities throughout the South Bay.

photos by Kieron McKay

Made up of Real Estate Agents, Broker, Loan Brokers, Escrow Officers and Title Officers, the organization was started by South Bay Brokers agent Alex Abad. Each member commits a minimum of 1 percent of all their earnings from each transaction to schools in the area. 100 percent of the donations from each deal benefit the Education Foundation in the district where the transaction took place.

In just eight months of raising money, Abad and the rest of the members, which now totals into the 50‘s, have already raised $57,081. “While I don’t have kids in school right now, it is important in our communities to have the best education and teachers possible,” said Abad. Beth Muraida, PTA counsel President for the El Segundo Education Foundation believes the organization is a win-win for both sides. “We all want better schools,” Muraida said. “It is amazing to see industry coordinate with education. Reaching out like this is something that can really touch families and the community.”

07.22.2011 | SouthBayDigs.com  25


Villa Nocino 6860 Vineyard Drive, Paso Robles The Main House of This Ten Acre Gated Estate and Producing Walnut Farm

invites you to a world of gentle rolling hills overlooking neighboring vineyards, wild life and beauty. Built in 1990, this Mediterranean home features a grassy courtyard leading to an impressive cathedral ceiling foyer and adjoins the large open formal living room, custom temperature controlled wine room and dining room. Designed for gracious entertaining with large windows & doors which invite you outdoors to several patios.

Located in “The Beverly Hills of Paso Robles�, this property on Vineyard Drive exemplifies the glorious climate west of the 101 Highway. Here walnut trees grow without significant irrigation and add a rare beauty to nature. The communities of Templeton and Paso Robles have blossomed with gourmet restaurants and shops. Twenty minutes to the beach!

A New Guest House completed in 2008, spares no expense in making

guests to the farm feel welcomed. Nestled amongst the walnut trees with privacy from the main house, the guest house features a large covered patio and well designed interior. This serene spa-like environment comfortably sleeps four and offers a full kitchen, deluxe bathroom and cozy living room with fireplace.

Offered at: $2,495,000 Leslie Stetson

(310) 265-2177 E-Mail: Leslie@prupv.com


BRING YOUR CHALLENGES

A Rock Solid速... Past, Present and Future

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Unobstructable coastline, Catalina and conservancy views. This Edward Carson Beall designed home features grand entertaining spaces and open living floor plan with views from every window and door. Truly a unique home.

$1,499,000 Leslie Stetson 310.265.2177 Sweeping Views

Private estate located on a large lot zoned for horses with corral and trail access. Coastline, harbor and city lights view from this one level with pool. Garden patio with fountain off country kitchen. Comfortable living.

$2,325,000 Art Vieweg 310.265.2164 Ultra Secluded

Resort-like living with dramatic city lights and mountain views from all major rooms. Tropical landscaping with sparkling rock waterfall pool. Unequaled artistry & workmanship throughout all on over one acre.

$2,350,000 Suzanne Dyer 310.265.2112 2615 Pacific Coast Highway, Suite 100 Hermosa Beach, CA 90254

23530 Hawthorne Blvd., Suite 100 Torrance, CA 90505

www.PrudentialPalosVerdes.com

501 Deep Valley Drive, First Floor Rolling Hills Estates, CA 90274

An Independently Owned and Operated Member of The Prudential Real Estate Affiliates, Inc.


TOTAL TRANSPARENCY With the rates that we offer, there is nothing to hide. We encourage you to compare our interest rates and programs with other local lenders. Then call us to experience the difference in service.

Whether you are buying a new home, or Refinancing your existing home our wide variety of product offerings allows us to help clients in almost any situation. At Watermark Home Loans we offer a new style of Mortgage Banking. As a direct lender we can offer our clients the most competitive interest rates, while maintaining the highest levels of customer service. As a boutique Mortgage Bank we understand that our clients, and the needs of our clients always come first. Your new home loan is not just a transaction. It is the beginning of a long term partnership between our clients and our company.

30 Year Fixed up to $2,000,000 Conforming loans with No points 30 year fixed up to $417,000 4.375% (4.430% APR) 30 year fixed up to $729,750 4.625% (4.659% APR) FHA loans with No points 30 year fixed FHA up to $417,000 30 year fixed FHA up to $729,750

4.25% (4.730% APR) 4.375% (4.874% APR)

4.75% (4.793% APR) No Points Jumbo loans with No points 5 year fixed ARM up to $2,000,000 10 year fixed ARM up to $2,000,000 5 year fixed ARM up to $5,000,000 VA loans with No points 30 year fixed VA up to $1,500,000

3.375% (3.312% APR) 4.25% (3.889% APR) 4.0% (3.533% APR)

4.375% (4.501% APR) Rates effective 7.18.11

Watermark Home Loans Call me personally for a private consultation Regan Hagestad, Managing Director of Mortgage Banking 800-357-4077 | rhagestad@watermarkhomeloans.com

Mortgage rates could change daily. Actual payments will vary based on your individual situation and current rates. Some products may not be available in all states. Some jumbo products may not be available to first time home buyers. Some restrictions may apply. Based on the purchase/refinance of a primary residence. Credit and collateral subject to approval. Loan to value, debt to income and cash-out restrictions may apply. Programs, rates, terms and conditions subject to change without notice. Please remember that we don’t have all your information, so this does not constitute a commitment to lend. Therefore, the rate and payment results may not reflect your actual situation. To get more accurate and personalized results, please call (800) 357-4077 to talk to one of our mortgage bankers .Watermark Capital Inc. 16485 Laguna Canyon Rd. #205 Irvine, CA 92618 DRE license number 01523306 NMLS ID: 1838


ED’S COASTAL REPORT Trending this week in North Redondo Beach, 90278…

HIRE the BEST SELL FASTER Current Beach Cities listings

FAST FACTS

sold took an average of 86

Median List Price

$619,000

Asking Price per Square Foot

$327

Average Days on Market

99

% of Properties with Price Decrease

47 %

% Relisted (reset DOM)

8%

Total Homes for Sale

143

Market Action Index

16.6

days on market. Ed’s Beach Cities listings sold in an average of only 27 days.

Ed’s listings are selling 2 months faster in 2011. What could you do with 2 saved mortgage payments?

SELL FOR MORE

NOW AVAILABLE IN REDONDO BEACH Homes

Condos

Low $

High$

Villas North

8

46

$269,900

$1,370,000

Villas South

5

56

$259,900

$784,700

price was 7% below original

El Nido

14

6

$399,000

$935,000

list price. Ed’s Beach Cities

Golden Hills

8

0

$499,500

$795,000

listings Sold price versus List

South Redondo (N. of Torrance Blvd)

9

20

$474,900

$1,499,999

price was 2% below

South Redondo (S. of Torrance Blvd)

28

11

$280,000

$1,899,000

South Redondo (W of PCH)

8

43

$369,500

$6,995,000

Total

80

182

$259,900

$6,995,000

To see what is trending in your neighborhood, visit www.ItzSold.com to track real time market statistics like the ones listed above. The only website that brings you specific, up-to-date facts for each South Bay neighborhood!

Current Beach Cities average Sold price versus List

original list price.

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

Clarus MarketMetrics—Information not guaranteed. 2009–2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors..td


SPOTLIGHT ON NORTH REDONDO BEACH A few weeks ago, we examined South Redondo Beach and promised to take a closer look at North Redondo. North Redondo Beach is very popular due to its easy access to the Freeway, airport, and Downtown Los Angeles. It is relatively simple to reach all major commuter arteries throughout the South Bay and Los Angeles from North Redondo Beach. When originally designed, North Redondo was separated into several distinct areas. Like most of the area, Redondo Beach was developed post World War II. The majority of the buyers at the time took up work at many of the local aerospace companies. The residential portion to the furthermost North and East is known as the TRW tract. It got its namesake due to its closeness to the TRW business complex located near that area. The TRW tract is zoned R1, the lots measure an average of 5,000 square feet however, because the streets are not in the typical grid pattern, some of the lots are much bigger and, in some cases, they can exceed 10,000 square feet. Most of the area has retained its original character but there are certainly a few homes that have been razed and new ones erected in their place. The average home size is approximately 1400 square feet and these homes are modest in price compared to most of the Beach Cities. A large portion of North Redondo Beach was originally zoned R2. Since the majority of the R2 lots are 7,500 square feet (or 50 feet by 150 feet), it allows for developers to tear down the old small homes and build 2 brand new townhomes in its place. As most people know, land in California is expensive, so being able to split the cost of the land between two separate homeowners makes it easier to afford to live in the beach area. The majority of the townhomes are approximately 2,400 square feet in size and offer most of the modern amenities that today’s buyers have come to expect. These newer construction homes offer luxury items like granite counter-tops, gourmet style kitchens, and large master suites with spa tubs. The area to the North of Artesia Blvd and South

of Grant avenue was originally zoned R4. This zoning allowed for 3 townhomes to be built on the same 7,500 square foot lot. Because the townhomes are smaller (approximately 1,900 square feet ) they become even more affordable than the two-on-a -lot design. If you are traveling East and South in North Redondo you will find another tract that is mainly zoned R1. It is in the traditional grid pattern, thus most lots are either 50 x 100 feet. A few streets find the rare 50 x 150 foot lot. The homes are typically 1,600 square feet in size and also remain modest in price compared to the rest of the Beach Cities. Now head West, just on the edge of Hermosa Beach, and you will find what is called the Golden Hills. It is somewhat reminiscent of homes in San Francisco. They call them “Tall and Skinny”. They aren’t actually that tall, just two story homes, but you could say they are skinny. This district was zoned R1A which means you can split the typical 50 x 100 lot in 1/2, resulting in a lot that measures 25 feet wide by 100 feet deep. Instead of building townhomes, developers have built two side-by-side, detached, single family homes. The side yard set backs are approximately 3 feet which results in setting your neighbors a full 6 feet away, making it an easy reach if you need to borrow some sugar. For those owners and buyers that don’t like the idea of sharing, as you do on a townhome property, this is the next best thing. Averaging approximately 2,000 square feet, the typical home has a reverse floor plan with the living area, kitchen and Master bedroom suite located on the upper level and the secondary bedrooms on the lower level. The design is due to the fact that the garage takes up too much space to allow for enough living and kitchen space to be on the first floor. The prices are very similar to the two-ona-lot townhomes. The difference becomes clear when comparing floor plans and locations. Most are located as far West as you can go in North Redondo. The floor plans work great for couples and families with older children. It does become a little more challenging if you

have a baby or toddler on the first floor and the master on the 2nd floor. If the floor plan suits your lifestyle, it is a smart way to affordably buy a single family home in a great school district, while also living near the beach. The balance of the area is intermixed with apartment buildings and duplexes. Because of the mixed zoning and constant changing of zoning rules, the area has remained eclectic in style which adds to the allure and uniqueness of this great beach town. To summarize, there are many pros of living in North Redondo Beach, including easy access to freeways and typically a little less expensive pricing than South Redondo Beach. However, if you need to see or hear the water, then head South and you can easily find what you are looking for in South Redondo Beach. Many of our clients at SportStar Relocation are players for the Los Angeles Lakers, Los Angeles Clippers and Los Angeles Kings. A countless number of them have made either North or South Redondo Beach a place to call home. Like them, you are sure to find a property that will certainly match your budget and needs.

Visit www.NorthRedondoEd.com to learn more about what makes the area unique and to track & compare sales trends between Redondo Beach neighborhoods.

www.NorthRedondoEd.com

2010-2011 North Redondo Beach Market Trends

FOR SALE VS. SOLD

AVERAGE SALE PRICE

310.798.1277 EK@ItzSold.com

www.ItzSold.com

MONTHS OF INVENTORY

CONTACT ED FOR A FREE CUSTOMIZED MARKET ANALYSIS OF YOUR HOME.


FEATURED BEACH CITIES LISTINGS TUSCAN INSPIRED TREE SECTION HOME OFFERED AT $2,875,000

FANTASTIC TREE SECTION FIND! OFFERED AT $1,375,000

927 27TH STREET MANHATTAN BEACH

2904 PINE AVE MANHATTAN BEACH

Basement level with home theatre room, wine cellar & guest quarters. Fully automated light, media, climate & security systems. Sustainable, edible landscape. Triple zone A/C & heating. Imported Italian wood burning oven. High end appliances in gourmet kitchen. 5 point surround sound in master suite.

Fully Remodeled Interior — Sleek & Clean Design. Great low maintenance home and yard! Has new A/C & heating system! 3 bedrooms, 2.5 bathrooms + bonus loft/office areas. 2,679 sf home.

TEXT 9927 to 511511 for more photos & information

NEW LISTING! NORTH REDONDO TOWNHOME OFFERED AT $635,000 2304 CLARK LANE “A” REDONDO BEACH 3 bedrooms, 2.5 bathrooms Over 2,000 sf townhome Original owner! Detached no common walls. Has private backyard. Front “A” unit. New hardwood floors throughout New plumbing fixtures & hardware. New granite counters. TEXT 9933 to 511511 for more photos & information

TEXT 9923 to 511511 for more photos & information

NORTH REDONDO BEACH CUSTOM TOWNHOME OFFERED AT $759,000 2305 HARRIMAN LANE “B” REDONDO BEACH 4 bedrooms, 3.5 bathrooms Spacious 2,544 sf floorplan! Original owner! All bedrooms on upper level. Two master bedrooms! Central air conditioning. Brand new carpet throughout. Beautifully landscaped, private yard. TEXT 9931 to 511511 for more photos & information

SAND SECTION OCEAN VIEW HOME OFFERED AT $1,579,000

NEW LISTING COMING SOON TO S. REDONDO! OFFERED AT $719,000

301 3TH ST MANHATTAN BEACH

528 GARNET ST REDONDO BEACH

4 bedrooms, 4.5 bathrooms. Over 3,000 sf home. Private entry to guest quarters. 2 blocks to beach. Rent-able guest quarters. Ocean view living room. Ocean view dining room. Ocean view kitchen. Reverse floorplan.

4 bedrooms, 1.5 bathrooms. Bonus home office/den. 1626 sf home, 4,520 sf lot. Great corner lot location. Ocean view from upper level. Lots of yard space. Plenty of off street parking. 3 blocks to the beach.

TEXT 9920 to 511511 for more photos & information

TEXT 9921 to 511511 for more photos & information

Open House Sat & Sun 1-4 pm

1st Public Open House Sat & Sun 1-4 pm

IF YOU ARE THINKING OF SELLING IN 2011, WHY WOULD YOU CONSIDER LINGERING ON THE MARKET? CALL THE TEAM WITH THE MOST COMPREHENSIVE, INFORMED MARKETING & PRICING PLAN AND ACHIEVE RESULTS, FAST!


Make Sure YOU Have the Market Advantage in 2011 Ed’s Step-by-Step Plan Gets You More Money, Faster!

PRINT

ONLINE

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Experience

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presence is designed to place

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AGENTS

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We specialize in educating other agents

We have an extensive database of thousands

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Selling in 2011?

internally market your home to. From high level

Call today to receive

door neighbor, we advertise your home to the

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executives & professional athletes to your nextmost qualified buyers in the marketplace.

• a strategic marking plan for your property • guidance on preparing your home for a successful sale • a no nonsense projection for the upcoming market

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


The Best Oceanfront DEAL in the South Bay!

! D

THE AVERAGE LIST PRICE FOR ACTIVE STRAND LISTINGS IS $10,065,154 OR $2255.75 / SQFT. WITH OUR JUST IMPROVED PRICE OF $3,999,000 OR $1501.13 / SQFT - YOU PAY 33.45% LOWER PER SQUARE FOOT THAN THE AVERAGE ACTIVE STRAND LISTINGS (13 TOTAL.)

L O

NOW’S YOUR CHANCE TO LIVE IN THE BEST LOCATION ON THE HERMOSA STRAND, CLOSE TO DOWNTOWN YET FAR FROM THE CROWDS AND GET THE ABSOLUTE BEST DEAL FOR OCEAN FRONT PROPERTY IN THE SOUTH BAY.

www.LuxuryBeachHome4Sale.com

S

1534 THE STRAND | HERMOSA BEACH

Ocean Front Property | 4 BEDS | 3 BATHS | 2664 SQ FT. | 4 Car Garage

New Stucco | New Windows | Upgraded Electrical | Upgraded Plumbing | Upgraded Heating

Will NOT be Reduced Further! Motivated Seller! $3,999,000 *List price and Avg. price per square foot is based on ‘active’ sale data taken from MRMLS data for ‘active’ for sale (SFR) homes sold in ‘Area 148’ Hermosa Beach Sand Section and “Area 142’ Manhattan Beach Sand Section as of the date of this publication going to press.  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 south bay

THE RAJU ADVANTAGE As the number one agent in the South Bay/Palos Verdes Peninsula, my staff and I are dedicated to accommodating all of your real estate needs.

• #1 Realtor in California (2009) • Shorewood’s #1 Agent • Over $100 million in Property Sales each year since 1997 • Over $2 Billion in Lifetime Sales • Ranked #3 in the Country – Wall Street Journal, August 2010 – Sales Volume Category

PALOS VERDES LISTINGS for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for rent for rent for rent

ROLLING HILLS HOME (behind the Gates) ROLLING HILLS HOME (behind the Gates) ROLLING HILLS HOME - 9.2 ACRES ROLLING HILLS HOME (behind the Gates) ROLLING HILLS HOME (behind the Gates) 1400 VIA ARCO, PVE pre-const. 33 VIA DEL CIELO, RPV 2508 NOVATO PLACE, PVE 937 VIA RINCON, PVE 1505 VIA FERNANDEZ, PVE 30051 VIA VICTORIA, RPV pre-const. 30039 VIA VICTORIA, RPV pre-const. 5918 OCEAN TERRACE DR., RPV 3344 PV DRIVE WEST, RPV 1512 VIA LOPEZ, PVE 3323 CROWNVIEW, RPV 30259 PALOS VERDES DRIVE EAST, RPV 436 VIA ALMAR, PVE 2301 WARMOUTH, SP ROLLING HILLS VACANT LOT (behind the Gates) 27740 SADDLE ROAD, RHE 4 GOLDENSPUR LN, RPV 5658 RAVENSPUR DR. #105, RPV ROLLING HILLS HOME (behind the Gates) ROLLING HILLS HOME (behind the Gates) 30 MOCASSIN LN, RHE

5 bd / 7 ba 8,000 sqft 5 bd / 6 ba 8,610 sqft 4 bd / 3 ba 3,197 sqft 5 bd / 7.5 ba 11,996 sqft 4 bd / 4.5 ba 7,000 sqft 6 bd / 5.5 ba 5,880 sqft. 5 bd / 5.5 ba 6,809 sqft 6 bd / 6 ba 6,900 sqft 5 bd / 6 ba 5,700 sqft 6 bd / 6.5 ba 6,528 sqft 5 bd / 4.5 ba 4,600 sqft 5 bd / 4.5 ba 4,400 sqft 5 bd / 3.5 ba 5,314 sqft vacant lot w/plans / 1 acre 5 bd / 5.5 ba 5,492 sqft 7 bd / 7.5 ba 7,587 sqft 5 bed / 5 ba 4,781 sqft 4 bd / 4 ba 3,200 sqft 3 bd / 2 ba 1,976 sqft vacant lot w/ plans / 1.53 acres 3 bd / 2.5 ba 1,890 sqft 4 bd / 2 ba 2,354 sqft 1 bd / 1 ba 796 sqft 5 bd / 7.5 ba 11,996 sqft 4 bd / 3.5 ba 3,176 sqft 4bd / 2.5 ba 2,567 sqft

$ 6,999,000 $ 6,999,000 $ 6,950,000 $ 6,999,000 $ 5,900,000 $ 4,988,000 $ 4,499,000 $ 4,999,000 $ 4,799,000 $ 3,599,900 $ 2,899,000 $ 2,799,000 $ 2,699,000 $ 2,499,000 $ 2,399,000 $ 2,499,000 $ 2,199,000 $ 2,099,000 $ 1,999,000 $ 1,185,000 $ 999,000 $ 933,000 $ 295,000 $ 16,000 $ 6,500 $ 5,000

4 bd / 4.5 ba Vacant Lot 9 bd / 4 ba 4 BD / 5 BA 3 bd / 4 ba 4 bed / 4 ba 5 bd / 4.5 ba 5 bd / 4.5 ba 5 bd/ 4.5 ba 2 bd / 1 ba 3 bd / 2.5 ba 4 bd / 3 ba 3 bd / 3 ba 3 bd / 2.5 ba Vacant Lot 6 bd / 7.5 ba 4 bd / 4.5 ba 2 bd / 2 ba 2 bd / 2 ba 3 bd / 2 ba 4 bd / 3.5 ba

$ 7,999,000 $ 5,990,000 $ 3,599,900 $ 2,499,000 $ 2,299,000 $ 1,999,000 $ 1,999,000 $ 1,999,000 $ 1,999,000 $ 949,900 $ 699,900 $ 649,900 $ 584,902 $ 569,000 $ 419,000 $ 17,000 $ 10,000 $ 6,950 $ 5,200 $ 4,000 $ 3,500

4 GOLDENSPUR LN, RPV

BEACH CITIES LISTINGS for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for sale for rent for rent for rent for rent for rent for rent

100 THE STRAND, HMB 3720 PCH, TORR 904 ESPLANADE, RB 4 units 705 ESPLANADE #A, RB 24 8th ST, HB 1106 PALM DR, HB 2610 MAPLE AVE, MB 2516 PINE AVE, MB pre-const. 2600 PINE AVE, MB new const. 1426 3rd ST, MB 1714 ROCKEFELLER LN, RB 1936 257th ST, LOMITA 2223 ROCKEFELLER LN #A, RB 23003 SAMUEL ST., TORR 1267 VAN HORNE, HMB 864 18TH ST, MB 705 ESPLANADE #A, RB 3808 THE STRAND #B, MB 3808 THE STRAND #C, MB 1768 GATES AVE, MB 2406 PHELAN LN, RB

3,764 sqft 1.10 Acres 3,690 sqft 3,085 sqft 2,520 sqft 2,660 sqft 3,200 sqft 4,480 sqft 3,123 sqft 843 sqft 1,881 sqft 2,455 sqft 1,804 sqft 1,620 sqft 4,097 sqft 6,000 sqft 3,085 sqft 2,024 sqft 1,400 sqft 1,184 sqft 2,583 sqft

27740 SADDLE ROAD, RHE

Presented by…

palos verdes office manhattan beach office

310.698.4545 310.379.2167

www. RajuSells .com DRE: 00874072


south bay

N PR EW IC E!

LIS NEW TI NG

SPOTLIGHT Panoramic ocean & city light views This absolutely beautiful custom built home offers approximately 8,000 SF of luxury living with 5 BRs & 7 BAs plus a library, media room and wine cellar. Bright and airy with high beamed ceilings, large formal dining room and kitchen that opens to a Great Room. No expense spared with extensive use of high-end French / Italian imported materials and natural limestone throughout. Other features include handmade natural stone fireplaces; a 4-car garage; pool & spa; barn; circular motor-court; large flat grassy area and easy access to the Rolling Hills Main Gate. All this on a 4.39 acre lot! Architecture by Edward Carson Beall.

NEW PRICE! This magnificent 6,450sf., boasts the most breathtaking panoramic ocean views. With 5B/7B including a separate casita, this home has private patios, outside fireplaces, numerous fountains, gardens & 1,000 sq.ft. balconies overlooking the infinity pool & spa w/ solar heat system, outside bar & fireplace & manicured grounds & lawns. Patio entrance, formal living & dining rooms, office & kitchen w/a center island, granite countertops, Viking appliances & French doors leading out to 420 sq. ft. loggia. 6 fireplaces, walnut floors, custom cabinetry, coiffure ceilings & solid wood crown moldings. 27,081SF lot w/ 24/7 security roaming the neighborhood.

33 VIA DEL CIELO  RPV  $4,499,000

LIS NEW TI NG

ROLLING HILLS CUSTOM HOME  $6,999,000...

Mediterranean home located in Oceanfront Estates

Exclusive Gated Equestrian Estate

California Contemporary Style Home

Nestled on 9.2 Acres this magnificent equestrian gem sits on one of the largest parcels of land in the gated

Located on a bluff with spectacular unobstructable, panoramic Ocean, Coastline and Catalina

city of Rolling Hills. This fabulous estate has mature trees, a mid-century 3,197 sq ft ranch house with 4

Views! This 5 Bedroom 3.5 bath with 5,314SF living space on a 21,527SF lot home features large,

BR, 3 BA & 3-car garage, horse facility which includes a 300 x 90 sq ft riding ring; 4-stall barn with rack /

bright, airy formal and living rooms and formal dining room. Spacious kitchen that opens up

feed rooms and 5 paddocks, 4 acres of pastures, pool, pool house and orchard. This expansive property

to Family room overlooking the Ocean complete with two ovens, microwave and dishwasher,

is suitable for building one large estate or for subdividing into 2 or 3 lots, each with panoramic city and

warming drawer and pantry. Master bedroom with fireplace and large master bath with spa tub.

ocean view. Mid-century Rolling Hills is reflected in this historic horse ranch, located close to the main

Other features include a large media / game room, 3-car garage, skylights throughout, beautiful

gate and on one of the best streets in Rolling Hills. Don’t miss this unique opportunity

landscaped back and front yards. There is a large flat grassy backyard and patio /

to own a truly Historic Horse Ranch.

deck perfect for entertaining and family living!

ROLLING HILLS HOME  $6,950,000

5918 OCEAN TERRACE, RPV   $ 2,699,000...

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.

Over $170 Million Sold So Far in 2011

palos verdes office manhattan beach office

310.698.4545 310.379.2167

www. RajuSells .com DRE: 00874072


can you

CRAFTSMANSHIP AT E V E R Y S T E P

DIG it?

SUMMER HOME LISTING PACKAGES Three (3) Turn-Key Marketing Packages to choose from:

1

• 25 High Resolution Professional Home Photographs • 100 4-Color Flyers on 100# Gloss Stock (1-Sided) Design Included! • ¼ Page, 4-Color Ad in South Bay Digs for ONE FULL MONTH (2X)

only $500

2

• 25 High Resolution Professional Home Photographs • 100 4-Color Flyers on 100# Gloss Stock (1-Sided) Design Included! • ½ Page, 4-Color Ad in South Bay Digs for ONE FULL MONTH (2X)

only $795

With over 20 years of building experience, we find that the highest level of customer service is just as important as the utilization of the highest quality materials and workmanship. Having worked with many top architects and designers, we are confident in our ability to make the building process as seamless and enjoyable as possible.

3

Working with our client’s is an essential part of each new project, and our ability to adapt and modify to fit each client’s individual preference and aesthetic has provided us with long lasting relationships. Our scope and expertise ranges from kitchen remodels to custom homes, and every project is afforded the same level of service and integrity.

• FULL Page, 4-Color Ad in South Bay Digs for ONE FULL MONTH (2X)

only $1195

south bay

By its very nature, the building process can be both confusing and frustrating. We strive to alleviate as much stress as possible by taking a personal, hands-on approach that includes the client in each and every step along the way. Please feel free to contact us with any questions or reference inquiries, and I look forward to the opportunity to working with you in the future.

• 25 High Resolution Professional Home Photographs • 100 4-Color Flyers on 100# Gloss Stock (1-Sided) Design Included!

SEAN ICAZA general contractor 310.480.0385 sean@icazaconstruction.com

36  SouthBayDigs.com | 07.22.2011

For other requirements on flyers, brochures etc. please call us at 310-373-0142 or email sales@southbaydigs.com


6 Palos Verdes Lane | Rolling Hills Estates 3 Bed | 2.5 Bath | 2300 Sq Ft | 13,986 Sq Ft Lot | One Level The Ultimate Contemporary on the Sand

3001 THE STRAND, HERMOSA BEACH • • • • •

6,200 sq ft featuring 5 Bedroom, 5.5 Bath & Gym - Built in 2007 Doors on west wall open completely allowing living space to flow out onto large deck Oversized lot (37x108) allowing for spacious open floor plan with high ceilings Stunning Calcutta marble slab flooring throughout Huge Ocean Front Master Suite with herringbone limestone floors, brazilian granite fireplace, office alcove, large walk in closet, black-out blinds and in suite washer & dryer

Offered At $10,999,000

Spectacular one level home with panoramic city light view. Situated on almost 14,000 sq ft lot this spectacular home includes hardwood flooring through out and upgrades galore! Newer kitchen, custom fireplace, semi formal dining room, central stereo and speaker system through the home interior & exterior. Security camera system and internet system. Remodeled bathrooms, professionally decorated in and out. Media room with all of the extras. Custom waterfall feature in the rear yard, with new glass fire pit and covered patio.

Offered at $1,269,000

3001TheStrand.com

1520 Addison | Palos Verdes Estates 4 Bed | 3.5 Bath | 2620 Sq Ft | 9180 Sq Ft Lot

Stunning Ocean View Cape Cod Townhome

2412 ALMA AVENUE, MANHATTAN BEACH • • • • • • • •

Amazing Panoramic Ocean Views from Malibu to Catalina Fully Detached – 2380 sq ft 3 Bedroom, 3 1/2 Bath Bright, Open Spacious Floor Plan with high ceilings on all levels 3 Stop Elevator Wide Plank Hickory Pecan Wood Flooring throughout Designer Perfect Kitchen with custom cabinetry, honed granite countertops, glass mosaic backsplash and professional grade appliances Elegant Master Suite with walk-in closet, private balcony and Stunning Master

Offered At $2,199,000

2412Alma.com

This special home was designed be renowned architect Joseph Copp in 1966 and sits on one of Palos Verdes Estates most desired locations. Lovingly maintained, this property boasts a charming breakfast room, bright kitchen with built-in Subzero refrigerator, family room that opens to kitchen and back patio, spacious ensuite master with two walk-in closets as well as a private covered balcony with ocean view. Professionally landscaped with circular motor court and two-car garage. This is a must see home!

Offered at $1,499,000

JIM ZAPPULLA WWW.SUPERIORESTATES.NET PROFESSIONAL REAL ESTATE WITH SUPERIOR RESULTS

KELLER WILLIAMS PALOS VERDES REALTY JAMESZAPP@AOL.COM 310.487.8866 CELL DRE 00693638

ROCIO ORTEGON WWW.SUPERIORESTATES.NET

CALL FOR MORE INFORMATION

PROFESSIONAL REAL ESTATE WITH SUPERIOR RESULTS

Matt Morris 310.546.4300 Mattmorrisdevelopment.com

DRE 01492051

KELLER WILLIAMS PALOS VERDES REALTY ROCIOSELLSPVRE@YAHOO.COM 310.626.2888 CELL

07.22.2011 | SouthBayDigs.com  37


700 Via Zumaya, Palos Verdes Estates FANTASTIC SINGLE-LEVEL IN COVETED LUNADA BAY DETAILS 2004 sq ft | 7950 sq ft Lot | 4 Bedrooms | 2 Bathrooms Master with Sitting area | Jacuzzi | Large Flat Backyard Walk to Bluffs all three award winning schools & town center UPGRADES Newer Double Pain Windows | Solid Wood Doors | Newer Roof Hardwood Floors | Finished Roof | Hardwood Floors | Finished Garage Copper Plumbing | Crown Moldings | Recessed Lighting GOURMET KITCHEN 48 Inch DCS Chef Range | Thermador Wall Oven Built in Sub Zero Refrigerator | Granite Counter Tops Marble Island | Custom Cabinets

517 Via La Selva, Redondo Beach PRICELESS VIEW ON PREMIER STREET DETAILS 2966 sq ft | 6600 sq ft | 4 Bedrooms | 3 Bathrooms Large Flat backyard with ocean view – perfect for entertaining Walking distance to the Riviera Village and the beach | Ultimate Riviera Lifestyle home UPGRADES Crown Molding | New Windows | Hardwood Floors New Kitchen | New Bathrooms | Paint GOURMENT KITCHEN Viking & Stainless Steel Appliances | Pot filler | Double Oven | Warming Drawer Fisher & Paykel Dishwasher | Rich Granite Countertops Cherry Stained Custom Cabinets THE VIEW Panoramic Queens Necklace | City Lights | Mountain | Downtown Los Angeles ROOMS Master Suite | Dining | Family | Living | Game | Laundry | Extra Kitchen off game room

2820 Via Pacheco, Palos Verdes Estates PVE LUXURY WITH OCEAN VIEWS DETAILS 3132 sq ft | 8732 sq ft | 4 Bedrooms | 3 Bathrooms | Split Level | Completely Remodeled in 2009 | Spectacular Ocean Views | Private Backyard | Close distance to Lunada Bay Elementary School, bluffs & Palos Verdes High School HIGHLIGHTS Beautiful Walnut Hardwood Floors Throughout | Jacuzzi Tubs & Steam Showers in both Master Suite & Downstairs Bath | 4th Bedroom has French Doors that open to Patio | French Doors in Family Room | Private Backyard | Two-car detached garage GOURMENT KITCHEN Top-of-the-line appliances | Custom Granite Island | Marble Countertops Marble Wet Bar with Wine Storage | Kitchen opens to family room with Fireplace ROOMS Master Suite | Formal Dining | Family | Living | Game | Laundry | Walk-In Closet

D E B B I E A L L E N | ANCHOREDINTHESOUTHBAY.COM Call for a private showing:

310-872-4164 | Debbie@AnchoredInTheSouthBay.com DRE#01146409 | RE/MAX Palos Verdes Realty 425 Via Corta Ste. 102 | Palos Verdes Estates, CA 90274

RE/MAX

Palos Verdes Realty


H

ousing Market Trends

Appleton Young spoke at length about the U.S. and California economic conditions, as well as on the local housing market. Here are some of the high points of her talk. On the topics of U.S. and California Economic Outlooks, Appleton-Young believes 2011 will see slower growth, yet small improvements in some areas.

U.S. Economic Outlook

South Bay Digs was invited to an event sponsored by South Bay Brokers at Manhattan Beach Country Club June 29, with Chief Economist of CAR, Leslie Appleton-Young giving a talk on the 2011 Housing Market.

However, she also believes we are seeing many structural concerns, which include: Balance sheet and de-leveraging issues Financial sector weakness Housing sector struggling-tight credit and inventory Over-hang: four million delinquent loans; 1.1 million Homes in foreclosure and 900,000 REOs Mis-match between jobs and workforce skills

Hitting Bottom: Sales 2007, Prices 2009

California Sales of Existing Homes and Median Price UNITS/MEDIAN PRICE $

-44%

-61%

-25%

Forecast Date: May 2011 SOURCE: California Association of REALTORS® Tuesday, July 19, 2011

On the overall economy, Appleton-Young believes many positive signs can be seen, which include:

graph Credit: CAR and Leslie-Appleton Young

Strong International Growth Stock Market Recovery Real Estate net worth stabilizing Rising rents and more qualified renters Strong demand for distressed properties Smart money chasing real estate (all cash sales) * Appleton-Young sees a number closer to 30 percent on the amount of cash buyers in 2011.

SOURCE: California Association of REALTORS®

While houses over $1 million have taken less time to sell in 2011 as Tuesday, July 19, 2011 compared to 2010, home prices at a lower price range this year continue to be on the market for longer periods of time.

California’s Million-Dollar Home Sales Year

More Buyers Pay with All Cash Percent of All Cash Sales

Number of Homes Source: DataQuick Information Systems Tuesday, July 19, 2011

Tuesday, July 19, 2011

07.22.2011 | SouthBayDigs.com  39


Local Market Trends market update

Manhattan

Hermosa Redondo Redondo

Beach Beach Beach Beach 90266

90254

90277

90278

This Week… The median single family home price in Manhattan Beach this week is $1,699,000. A total of 151 homes have been on the market for an average of 106 days with an average price per sqft. of $683.

This Week… The median single family home price in Hermosa Beach this week is $1,449,000. A total of 63 homes have been on the market for an average of 136 days with an average price per sqft. of $611.

This Week… The median single family home price in South Redondo Beach this week is $999,000. A total of 71 homes have been on the market for an average of 108 days with an average price per sqft. of $465.

This Week… The median single family home price in North Redondo Beach this week is $599,000. A total of 50 homes have been on the market for an average of 134 days with an average price per sqft. of $406.

Least Expensive Listing: $649,000 Most Expensive Listing: $27,000,000

Least Expensive Listing: 624,900 Most Expensive Listing: $18,899,000

Least Expensive Listing: $369,900 Most Expensive Listing: $6,995,000

Least Expensive Listing: $275,000 Most Expensive Listing: $1,370,000

Price and Value:

Price and Value:

Price and Value:

Price and Value:

In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result, the value one can buy stays the same.

While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers and tending to get more home for their money.

The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence,) and inventory has been climbing fairly steadily.

The market plateau is seen across the price and value. The price per square foot and median list price have been reasonably stagnant. Inventory has been falling this week and half of the listings have come on the market in the past 98 or so days.

Characteristics per Quartile:

Characteristics per Quartile:

Characteristics per Quartile:

Characteristics per Quartile:

Most expensive 25% of homes: Median Price: $3,399,000 Median Sq.ft: 4,233 Total Inventory: 37 Median Age: 11 Avg. Days on Market: 149

Most expensive 25% of homes: Median Price: $3,549,000 Median Sq.ft: 3,800 Total Inventory: 15 Median Age: 11 Avg. Days on Market: 139

Most expensive 25% of homes: Median Price: $1,599,000 Median Sq.ft: 3,328 Total Inventory: 17 Median Age: 11 Avg. Days on Market: 154

Most expensive 25% of homes: Median Price: $892,000 Median Sq.ft: 2,655 Total Inventory: 12 Median Age: 16 Avg. Days on Market: 91

Upper-middle 25% of homes: Median Price: $2,024,500 Median Sq.ft: 3,356 Total Inventory: 38 Median Age: 10 Avg. Days on Market: 97

Upper-middle 25% of homes: Median Price: $1,799,000 Median Sq.ft: 3,086 Total Inventory: 16 Median Age: 14 Avg. Days on Market: 158

Upper-middle 25% of homes: Median Price: $1,154,000 Median Sq.ft: 2,566 Total Inventory: 18 Median Age: 38 Avg. Days on Market: 91

Upper-middle 25% of homes: Median Price: $651,975 Median Sq.ft: 1,536 Total Inventory: 12 Median Age: 53 Avg. Days on Market: 123

Lower-middle 25% of homes: Median Price: $1,372,000 Median Sq.ft: 2,246 Total Inventory: 38 Median Age: 42 Avg. Days on Market: 85

Lower-middle 25% of homes: Median Price: $1,222,000 Median Sq.ft: 2,390 Total Inventory: 16 Median Age: 34 Avg. Days on Market: 85

Lower-middle 25% of homes: Median Price: $899,000 Median Sq.ft: 1,916 Total Inventory: 18 Median Age: 58 Avg. Days on Market: 84

Lower-middle 25% of homes: Median Price: $575,000 Median Sq.ft: 1,104 Total Inventory: 13 Median Age: 62 Avg. Days on Market: 159

Least expensive 25% of homes: Median Price: $912,500 Median Sq.ft: 1,190 Total Inventory: 38 Median Age: 59 Avg. Days on Market: 95

Least expensive 25% of homes: Median Price: $782,000 Median Sq.ft: 1,188 Total Inventory: 16 Median Age: 57 Avg. Days on Market: 163

Least expensive 25% of homes: Median Price: $666,500 Median Sq.ft: 1,538 Total Inventory: 18 Median Age: 58 Avg. Days on Market: 106

Least expensive 25% of homes: Median Price: $469,900 Median Sq.ft: 975 Total Inventory: 13 Median Age: 59 Avg. Days on Market: 157

50% of Properties for Sale have had a price decrease

51% of Properties for Sale have had a price decrease

46% of Properties for Sale have had a price decrease

52% of Properties for Sale have had a price decrease

8 Properties were “absorbed this week” (sold or taken off market.)

3 Properties were “absorbed this week” (sold or taken off market.)

7 Properties were “absorbed this week” (sold or taken off market.)

6 Properties were “absorbed this week” (sold or taken off market.)

40  SouthBayDigs.com | 07.22.2011


*Real Estate Data provided by Altos Research LLC. All information contained above & herein is based on properties currently listed for sale and available publicly. The data presented in this report is accurate to the best of our knowledge, but cannot be guaranteed as such. Nothing in this report or any other report in this magazine is a recommendation to buy or sell real estate.

Palos Verdes

Rancho Palos

Rolling

Rolling Hills

90274

90275

90274

90274

Estates Verdes

Hills

Estates

This Week… The median single family home price in Palos Verdes Estates this week is $1,649,000. A total of 97 homes have been on the market for an average of 131 days with an average price per sqft. of $556.

This Week… The median single family home price in Rancho Palos Verdes this week is $1,225,000. A total of 188 homes have been on the market for an average of 130 days with an average price per sqft. of $458.

This Week… The median single family home price in Rolling Hills this week is $3,547,000. A total of 22 homes have been on the market for an average of 116 days with an average price per sqft. of $766.

This Week… The median single family home price in Rolling Hills Estates this week is $1,199,000. A total of 40 homes have been on the market for an average of 94 days with an average price per sqft. of $488.

Least Expensive Listing: $639,900 Most Expensive Listing: $10,900,000

Least Expensive Listing: $529,000 Most Expensive Listing: $12,000,000

Least Expensive Listing: $1,299,000 Most Expensive Listing: $6,900,000

Least Expensive Listing: $699,000 Most Expensive Listing: $2,999,999

Price and Value:

Price and Value:

Price and Value:

Price and Value:

The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence,) and inventory has been climbing lately.

Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there’s a portion of the market being priced at a premium. After a steady incline over the past several months, inventory has been falling in recent weeks and pricing has been weak versus their absolute high level.

This is a market where watching the value metrics (like price per square foot) can provide insight that you don’t get at first glance. Despite the fact that home prices are rising fairly consistently, the price per square foot of homes listed is declining. Often this can be attributed to new and remodeled homes on the market.

We’re seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually increasing. (Buyers are paying less and getting less home for their money.) Anomalies like these can be attributed to microlocation variables.

Characteristics per Quartile:

Characteristics per Quartile:

Characteristics per Quartile:

Characteristics per Quartile:

Most expensive 25% of homes: Median Price: $3,599,450 Median Sq.ft: 5,790 Total Inventory: 24 Median Age: 12 Avg. Days on Market: 165

Most expensive 25% of homes: Median Price: $3,195,000 Median Sq.ft: 5,139 Total Inventory: 47 Median Age: 15 Avg. Days on Market: 206

Most expensive 25% of homes: Median Price: $6,999,000 Median Sq.ft: 8,000 Total Inventory: 5 Median Age: 20 Avg. Days on Market: 97

Most expensive 25% of homes: Median Price: $2,100,000 Median Sq.ft: 4,404 Total Inventory: 10 Median Age: 17 Avg. Days on Market: 102

Upper-middle 25% of homes: Median Price: $1,924,500 Median Sq.ft: 3,436 Total Inventory: 24 Median Age: 51 Avg. Days on Market: 122

Upper-middle 25% of homes: Median Price: $1,450,000 Median Sq.ft: 2,995 Total Inventory: 47 Median Age: 39 Avg. Days on Market: 151

Upper-middle 25% of homes: Median Price: $4,500,000 Median Sq.ft: 4,325 Total Inventory: 5 Median Age: 54 Avg. Days on Market: 136

Upper-middle 25% of homes: Median Price: $1,399,000 Median Sq.ft: 2,700 Total Inventory: 10 Median Age: 53 Avg. Days on Market: 118

Lower-middle 25% of homes: Median Price: $1,395,000 Median Sq.ft: 2,734 Total Inventory: 24 Median Age: 51 Avg. Days on Market: 121

Lower-middle 25% of homes: Median Price: $1,050,000 Median Sq.ft: 2,426 Total Inventory: 47 Median Age: 48 Avg. Days on Market: 76

Lower-middle 25% of homes: Median Price: $2,674,500 Median Sq.ft: 4,010 Total Inventory: 6 Median Age: 53 Avg. Days on Market: 70

Lower-middle 25% of homes: Median Price: $1,079,000 Median Sq.ft: 2,368 Total Inventory: 10 Median Age: 52 Avg. Days on Market: 109

Least expensive 25% of homes: Median Price: $1,049,000 Median Sq.ft: 2,012 Total Inventory: 25 Median Age: 56 Avg. Days on Market: 116

Least expensive 25% of homes: Median Price: $758,000 Median Sq.ft: 1,853 Total Inventory: 47 Median Age: 52 Avg. Days on Market: 85

Least expensive 25% of homes: Median Price: $1,599,000 Median Sq.ft: 2,394 Total Inventory: 6 Median Age: 50 Avg. Days on Market: 162

Least expensive 25% of homes: Median Price: $907,000 Median Sq.ft: 2,065 Total Inventory: 10 Median Age: 55 Avg. Days on Market: 50

47% of Properties for Sale have had a price decrease

36% of Properties for Sale have had a price decrease

36% of Properties for Sale have had a price decrease

42% of Properties for Sale have had a price decrease

6 Properties were “absorbed this week” (sold or taken off market.)

15 Properties were “absorbed this week” (sold or taken off market.)

1 Properties were “absorbed this week” (sold or taken off market.)

2 Properties were “absorbed this week” (sold or taken off market.)

07.22.2011 | SouthBayDigs.com  41


View of Front Unit (Not for sale) Rear Unit is For Sale.

1619  3rd  Street,  MB  

2211   ayview  Drive,   MB   2211  BBayview   Drive,   MB  

It’s Like Living on Vacation!

Manhattan Beach Sand Section Home 2211 Bayview Drive | www.2211bayview.com

O p e n   S a t u r d a y   a n d   S u n d a y   2 -­‐ 4 p m  

4 bed / 3.5bath plus Office | 2660 sq ft | Up to 4 Car Parking Huge Sparkling Oceanviews | 1/2 block to Beach There’s  aFull  HViking ome   to  s|uit   ifestyle.     Kitchen Built e byvery   Nick Schaar 2006

L

J une  E merson  

Direct:    (310)  721-­‐4787    

DRE  #01475939   $2,175,000

Manhattan Beach Tree Section Home Built by Matt Morris 3104 Maple Avenue | www.3104maple.com 5 bedrooms/4 Bathrooms | Constructed in 2006 100+ year old Virginia Farmhouse Ceiling Beams | Walnut Wide Plank Floors Pre-Cast Concrete Fireplaces | Custom Cabinetry, Built-in Desks and Bookcases Honed Limestone Floors & Natural Stone Counters | 2nd Floor Laundry Room Soaring Ceilings & Windows for lots of Light | Tropical Private Backyard with Fireplace $2,149,000

Both Properties - Open Sat/Sun 1-4 pm

There’s a home to suit every lifestyle

June Emerson

www.june-emerson.com 310.721.4787 DRE #01475939


SA OP T EN 1- H 4/ O SU US N E 24

JACK GILLESPIE PRESENTS:

JACK GILLESPIE

BROKER DRE # 00426498 Jack.Gillespie@SouthBayBrokers.com

Direct (310) 802-4344 Office (310) 546-7611 x.344

BEST BUY IN THE TREES! • 3 bedroom • Family Room • 2 bathroom • 1,762 sq. ft. • Two-story floor-plan

3204 Poinsettia Ave, MANHATTAN BEACH

Offered at $1,299,000

WALKSTREET LOCATION! • 4 Bedroom • 6 Bathroom • Family Room • 4,227 sq. ft. • Built in 2004 • Walk Street Location!

416 10th Street, MANHATTAN BEACH

OP

E SU N H N OU 1- S 4 E

Offered at $3,200,000

AMAZING VIEWS! • 3 bedroom • Open floor plan • 2.5 bathroom • Penthouse Style • Three-story floor-plan

1007 S. Catalina #211, REDONDO BEACH

OP

E SU N H N OU 2- S 4 E

Offered at $829,000

NEW PRICE! • 4 bedroom • Formal Living Room • 3 bathroom • 2,962 sq. ft. • Enclosed Backyard

Offered at $869,000

2230 Nelson Ave Unit A, REDONDO BEACH


AFTER 25 YEARS, THE ONLY THING WE’RE CHANGING IS OUR LOGO. 310 36TH STREET, MB | WWW.31036THSTREET.COM Panoramic Ocean Views on Corner Lot in Manhattan Beach! Move in ready! Enjoy the casual beach elegance in the updated and stylish Manhattan Beach home with views from almost every room. Flexibility galore! Live your dream today – or build your dream home to maximize awesome corner lot location and never ending panoramic views.

BROKER’S OPEN EXTRAORDINAIRE With Customer Satisfaction ratings this high, we  decided we’re going to keep right on doing what  * CATERED BY MB POST we do best: serving our customers.

FRIDAY JULY 22, 12-2

Offered at $1,239,000

25 years in the South Bay. More than 100  full-time agents. A reputation for integrity. You  can trust your next real estate transaction to  South Bay Brokers.

Alison Clay-Duboff

Financing available through

Amber Corral

In a recent independent survey, over 95% of our clients say they are so pleased with our service that they would recommend us to others.*

Realtor of the Year 2010 Nominee, Top Producer 2007-2010 DRE License # 01786922

Manhattan Beach (310) 546-7611

Redondo Beach (310) 375-0583

www.southbaybrokers.com

Phone: 310-426-3855 (310) 200-3037 / 1640 S. PCH Redondo Beach, CA 90277 Email: alison@alisonISrealestate.com NMLSR ID 450904 Web: www.alisonISrealestate.com

Check out my YELP Reviews: Alison is Real Estate @ YELP

Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. ©2011 Wells Fargo Bank, N.A. All rights reserved. NMLSR ID 399801. * Independent customer research study conducted                 February 2010 by The Marketing Agency.

We know the market. 100742 - 07/11 We know our customers. We know how to earn your trust.

At Tree Section Location

One Block to Award Winning School

Updated Beach Cottage style home with plenty of sun splashed light, vaulted ceilings and storage in a fantastic Tree Section location. 3 bedrooms and 2 full bathrooms. The gourmet kitchen has newer appliances, maple cabinets, granite counter tops, a wine refrigerator and is open to the main room with a beautiful fireplace. A sizable master suite includes a walk out to the back yard and full bathroom with granite enclosed spa tub and separate tumbled marble shower. This home has dark stained oak wood and travertine flooring with new carpet in the master. A private courtyard leads to landscaped back yard lawn area.

This spacious, grand home on a corner has travertine floors, new carpet, built-ins and lots of storage all in a fantastic location. Custom built with 3,888 square feet of living space with 5 bedrooms, 5 bathrooms and a 3-car garage. The open gourmet family kitchen has a double oven, Sub Zero refrigerator, granite counter tops and maple cabinetry plus a sizable eating area that opens to the family room and back yard. The large master suite includes separate his and hers big walk in closets and a private balcony. A private back yard patio leads to a beautifully landscaped area with an in ground spa and fountain accented with gorgeous stonework.

621 27th Street | Manhattan Beach

1401 2nd Street | Manhattan Beach

Asking $1,249,000

B A R R E T

Asking $1,849,000

P U LV E R

bbpulver@aol.com | 3 1 0 . 8 9 0 . 3 6 9 8

www.barretpulver.com 44  SouthBayDigs.com | 07.22.2011


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


Experience the Difference.

507 MONTEREY BLVD | HERMOSA BEACH

1506 PALM DRIVE | HERMOSA BEACH 3 Bedroom | 3.5 Baths | Stylish Beach Home | Ocean Views Offered at $1,375,000

3 Bedrooms | 2.5 Bathrooms | 1865 sq ft | 3-Blocks to Sand Open house Saturday and Sunday 2-4 pm Offered at $1,275,000

5920 S. PACIFIC COAST #32 REDONDO BEACH 1 Bedroom | 2 Bathrooms 974 sq ft | End Unit SHORT SALE - Offered at $369,000

635 PROSPECT HERMOSA BEACH

BREATHTAKING OCEAN AND COASTLINE VIEWS

3 Bedroom | 1.5 Baths FHA financing available Offered at $699,000

5 Bedrooms / 4.5 Bathrooms | 3900 sq ft Located in Desirable Malaga Cove Offered at $2,975,000

COMING SOON

Christa Lyons

1140 Manhattan Beach Blvd #H

Shorewood Realtors

2 Bedroom, 2.5 baths

310-722-7115

$649,000

christalyons@shorewood.com

CALL FOR MORE DETAILS!

DRE 01489213

Hermosa Beach 950 Artesia Blvd. 310.376.8871

Hermosa Beach 986 Artesia Blvd. 310.406.2020

El Segundo 431 Main St. 310.322.4900

Manhattan Beach 917 Manhattan Beach Blvd. 310.545.8401

Manhattan Beach 3300 Highland Ave. 310.546.7561

Palos Verdes Estates 16 Malaga Cove 310.698.1555

Redondo Beach 1009 Torrance Blvd. 310.316.8464


Experience the Difference. Welcome to

853 9th Street - Hill Section, Manhattan Beach

Immaculately polished home built by Matt Morris Development perched high on the 9th Street Hill combines smart sophistication with casual comforts for the finest family living. Enter through the iron gate into the lush tree cluster with rose bushes, pass the stacked stone fountain into a lovely home that exudes quality.

LYNNE LEAR Off Market Specialist Shorewood Realtors 310-779-1723 www.lynnelear.com Hermosa Beach 950 Artesia Blvd. 310.376.8871

Hermosa Beach 986 Artesia Blvd. 310.406.2020

On two levels you will find: 5 bedrooms, 4.5 bathrooms, gourmet kitchen featuring granite counter tops walk-in pantry & butlers’ pantry, rich dark wide plank floors, 3 fireplaces, extra large and elegant master suite, separate play/ media room, stacked stone from entrance carries to backyard with custom built-in BBQ area & brand new “Spool” water feature. Enjoy central air conditioning, brand new master closet re-do, brand new iron front door with glass opening, fine drapery throughout, custom designed landscaping at every turn, home alarm system, 3 Car garage with direct access. Gorgeous! 4,233 sq. ft. of living space on a 6300 sq. ft. lot (buyer to verify). On top of the world location on the hill makes for breathtaking mountain and city views.

El Segundo 431 Main St. 310.322.4900

Manhattan Beach 917 Manhattan Beach Blvd. 310.545.8401

Manhattan Beach 3300 Highland Ave. 310.546.7561

$3,089,000 Palos Verdes Estates 16 Malaga Cove 310.698.1555

Redondo Beach 1009 Torrance Blvd. 310.316.8464


Experience the Difference.

Beach Lover’s Delight. Walk to the beach daily from this versatile home in Hermosa Beach. Located on a quiet street, this home features:

Richie Malicse

www.209AvenueH.com Asking $ 1,439,000

• • • • •

2 master suites with custom bathrooms Minutes to the beach and newly redone Pier Ave. Vaulted ceilings with skylight Versatile, open floor plan 2 car garage with built-in storage

Offered at $829,000

SA OPE T. N 25

www.RealtorRichie.com (310) 357-9576 Shorewood Realtors 1009 Torrance Blvd, Redondo Beach CA 90277 Fax (866) 709-2335

Terri Dunn 310.710.9770 www.terridunn.com RE License # 01097063

Hermosa Beach 950 Artesia Blvd. 310.376.8871

Hermosa Beach 986 Artesia Blvd. 310.406.2020

El Segundo 431 Main St. 310.322.4900

Manhattan Beach 917 Manhattan Beach Blvd. 310.545.8401

Manhattan Beach 3300 Highland Ave. 310.546.7561

Palos Verdes Estates 16 Malaga Cove 310.698.1555

Redondo Beach 1009 Torrance Blvd. 310.316.8464


WHAT A VIEW! WHAT A LOCATION! WHAT A PRICE!

What are you waiting for?

OPEN UN SAT/S 2 -4 p m

Dream it… See it… Achieve it! Where the Beach is your home.

Rachel Ezra

Broker Associate

2517 Vista Drive, Manhattan Beach l 3 Bedrooms, 3 Full Baths l Rebuilt Louie Tomaro Design Single Family Home l 2,135 sf open floor plan with 2 Decks and a Patio

l Tri-level exterior spiral staircase

l 2 Fireplaces, 2 Jacuzzi tubs, 2 Car attached garage l Spectacular top level Sun Drenched family room leads to a Large, West facing Wraparound Deck with Panoramic Ocean and Mountain Views l 3 Blocks to the Ocean l Steps to Grandview School

www.2517vista.com Direct Office: Fax:

310.400.0297 310.546.7561 x407 310.546.6097

rachel.ezra@shorewood.com • www.RachelEzra.com 3300 Highland Ave. Manhattan Beach

$1,499,000

Steve Santos 310.488.4924

Steve@SteveSantosProperties.com SteveSantosProperties.com A 33-Year Resident of Manhattan Beach DRE# 01440129

Driven to Accomplish Your Real Estate Goals

Selling the Beach Lifestyle

Direct     310.502.7210 Email: SK@BeachSanctuary.com CaliforniaSanctuary.com

Check out South Bay Digs INTERACTIVE SCAN this QR Code!

Kevin B Pratt 310.738.2348

kpratt@shorewood.com • www.KevinBPratt.com 21st Year at Shorewood

07.22.2011 | SouthBayDigs.com  49


PANORAMIC OCEAN VIEW HOME

615 N Lucia Ave. Unit B Redondo Beach

30637 Rue De La Pierre, Rancho Palos Verdes SINGLE LEVEL HOME WITH LARGE BACKYARD

UPGRADES Fully renovated / Zoned A/C / Marvin Windows & French Doors / Maple Wood Floors / Recessed lighting / Wood Shingle front

m

GOURMET KITCHEN Viking & Stainless Steel Appliances / 2 Stoves / 2 Sinks Granite Counter tops / Large island / Bosch Dishwasher Lots of cabinet built ins

New Reduced Price: $2,199,000

SU OPEN N1 -4

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.

SU ND OP AY EN 25p

DETAILS 3500 sq ft / 14,500 sq ft Lot / 5 Bedrooms / 3.5 Bath Large Master Bedroom with indoor jacuzzi and Fire place Views of Channel islands, Malibu coastline and Pt. Vicente Lighthouse. Adjacent to elementary school.

4 Bedrooms, 3.5 Bath 2,480 Sq.ft. Ocean Views

Offered at $1,109,000 damira@damirabacic.com

For sale by Owner / Broker

Neal Herzstein Cell: 415.710.5121 DRE: 00819018

Serving sellers & buyers in the South Bay for 25 years…

1204 Harkness Street | Manhattan Beach Liberty Village Charmer! This single family home in Liberty Village is in a very desirable & coveted neighborhood. Award winning schools and conveniently located next to Polliwog Park, Trader Joe’s, Aviation Field, Kid Concepts, Manhattan Beach Middle School, Lax, and the 405 and 105 freeways. Tree lined streets make this home serene. The kitchen and bathroom have been remodeled with new tile, rain spigot showerhead, stainless steel appliances. New paint and beautiful hardwood floors throughout. There is a large flat grassy back yard with a huge deck, perfect for entertaining. This home is ready for you to move right in. Offered at $859,000

Diana Barnfield DRE#10367582 310-384-8155 Direct d.barnfield@yahoo.com Natalie Devine DRE# 01802518 310-480-9427 Direct nataliedevine@yahoo.com 50  SouthBayDigs.com | 07.22.2011

811 N. Catalina Ave. #2016 Redondo Beach CA 90277


“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


EXPERIENCE A NEW LEVEL OF EXCELLENCE IN REAL ESTATE. EXPERIENCE RE/MAX SANTA MONICA | BEVERLY HILLS | MARINA DEL REY /VENICE | WEST LOS ANGELES MANHATTAN BEACH | REDONDO BEACH | RPV/SAN PEDRO | EL SEGUNDO | MALAGA COVE ROLLING HILLS ESTATES | TORRANCE | RANCHO PALOS VERDES

Palos Verdes Realty

8 Pleasant Hill, Rolling Hills Estates | $ 1,995,000 4 bdrm | 4 bath | 4400 sq. ft. of living space | 21,000 sq. ft. lot Lushly Landscaped Yard | Pool and Jacuzzi | Massive Kitchen Master Suite with Large Bath and Expansive Walk in Closet Situated on a Quiet Cul-de-sac Street, The Perfect Family Home!

FABULOUS SEASCAPE III PENTHOUSE WITH BREATHTAKING VIEWS!

4464 Via Pinzon, Palos Verdes Estates | $ 1,550,000 Ideal Location | Fabulous Remodel and a Spectacular View!!! On end of a Quiet Cul-de-Sac Street | 5 bdrm | 3.5 bath | Stunning City Light | Large, Grassy Yards 2,652 Sq. Ft. | 13,650 Sq. Ft. Flat Lot. Exquisite Remodel Gives a BRAND NEW FEEL! Custom Appointments | Stone and Hardwood Flooring | Maple Kitchen Cabinets Stainless Steel Appliances | Designer Granite Counter Tops | All New Fixtures and Custom Cabinetry in Bathrooms | Master Retreat; Complete with a Massive Bathroom and Walk-In Closets Private Laundry Room | New Lightweight Tile Roof | Fresh Landscaping The Perfect Family Home | Ready for You to Move Right In Home has Approved Plans For a Russ Barto Addition Over 5,000 Square Feet!

Broker C: 310-541-1993 F: 310-541-6181

Haley Larson

LarsonsRealEstate.com

LarsonsRealEstate.com

Silver Spur 450 Silver Spur Rd. Rancho Palos Verdes (310) 544-9999 DRE #00983568

Gleaming hardwood floors set the stage for the major living area which with its huge area houses the formal dining area and living room as well as a created and cozy sitting area with built-in television and fabulously effective B & W Speakers. For a full set of details, virtual tours, & stills, visit www.510thevlg402.com.

Offered @ $975,000 OPEN FOR YOUR PERSONAL TOUR, SUNDAY, 1:00 to 4:00 p.m. 510 The Village, #402 (at Catalina & Emerald!) ADRIENNE

Kirby Larson

Malaga Cove 63 Malaga Cove Plaza Palos Verdes Estates (310) 378-9494 DRE #00983568

This stunning two bedroom, 2 bath plus loft ocean-front Penthouse has been remodeled throughout. High-end appointments are evident as one strolls through the entry taking in those breathtaking, forever views! As you step into this masterpiece, you will be taken by the incredible and panoramic ocean vistas that span from the white-water views of the sandy beaches below Palos Verdes to the entry of King Harbor, Malibu & Santa Monica Mountains..

C: 310-897-2257

Miraleste Plaza 5 Miraleste Plaza Rancho Palos Verdes (310) 831-0222 DRE #00983568

South Bay 23740 Hawthorne Blvd. Torrance (310) 378-9889 DRE #01219939

RE/MAX Hall of Fame 1720 S. Elena Redondo Beach, CA 90277 Direct: 310-386-7700 DRE No. 00785436

Redondo Beach 1720 South Elena Redondo Beach (310) 378-7747 DRE #01219939

RPV San Pedro 28901 South Western Ave. Rancho Palos Verdes (310) 514-1364 DRE #01219939

Manhattan Beach 400 S. Sepulveda Blvd. Manhattan Beach (310) 376-5225 DRE #01879720

El Segundo 402 Main Street El Segundo (310) 322-1425 DRE #01879720


EXPERIENCE A NEW LEVEL OF EXCELLENCE IN REAL ESTATE. EXPERIENCE RE/MAX SANTA MONICA | BEVERLY HILLS | MARINA DEL REY /VENICE | WEST LOS ANGELES MANHATTAN BEACH | REDONDO BEACH | RPV/SAN PEDRO | EL SEGUNDO | MALAGA COVE ROLLING HILLS ESTATES | TORRANCE | RANCHO PALOS VERDES

Palos Verdes Realty

1644 Espinosa Circle, Palos Verdes Estates 3 Bedrooms, 1.75 Baths, Single Family home, Palos Verdes Schools. In original condition.

2009 Huntington Lane #B, Redondo Beach | $769,000

Priced to Sell at $839,000

EspinosaCircle.com

2552 sq ft | Built in 2000 by Mark LaCharite | 4 Bedrooms | 2.5 Bathrooms French Doors to Patio and Lush Backyard

2213 Warfield Ave. #A Redondo Beach

Dramatic 2-story entrance | Combination Family Room & Kitchen Great Room Master Suite with Fireplace | Sumptuous Master Bath with spa tub and Fireplace All Bedrooms Upstairs | Conveniently located Laundry Area | Skylights Formal Living Room | Formal Dining Room | New Carpet Direct access to 2-car Garage | Walk to Birney Elementary School VIRTUAL TOUR | www.2009HuntingtonB.com

4 Bedroom, 3.5 Baths , in over 2300 sq. ft.

2213Warfield.com $949,000

OPEN HOUSE Public Open House Sunday, July 24th, 1PM – 4PM

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

CANDICE CARPENTER 310.871.5100 DIRECT Top 5 in Real Estate | Certified Residential Specialist Luxury Home Marketing Specialist Candice@CandiceCarpenter.com REMAX Beach Cities – Manhattan Beach

Malaga Cove 63 Malaga Cove Plaza Palos Verdes Estates (310) 378-9494 DRE #00983568

Silver Spur 450 Silver Spur Rd. Rancho Palos Verdes (310) 544-9999 DRE #00983568

Miraleste Plaza 5 Miraleste Plaza Rancho Palos Verdes (310) 831-0222 DRE #00983568

South Bay 23740 Hawthorne Blvd. Torrance (310) 378-9889 DRE #01219939

Redondo Beach 1720 South Elena Redondo Beach (310) 378-7747 DRE #01219939

RPV San Pedro 28901 South Western Ave. Rancho Palos Verdes (310) 514-1364 DRE #01219939

Manhattan Beach 400 S. Sepulveda Blvd. Manhattan Beach (310) 376-5225 DRE #01879720

El Segundo 402 Main Street El Segundo (310) 322-1425 DRE #01879720


Two Homes on One Lot with Harbor Views!

2930-2940 South Peck Avenue | San Pedro Live in one, rent the other. Potential to build 4-units. Two single-family residences located in the heart of San Pedro. 10,000 SF of Land! APN #7456-018-021 | 5000 SF (including both residences) APN #7465-018-022 SF (back lot vacant)

2930 South Peck Avenue

2940 South Peck Avenue

Approximately 780 SF | 2 bedroom | 1 Bath Separately metered water, electric, gas 1 car garage | Amazing View!

Approximately 1200 SF | 2 bedroom | 1 Bath Separately metered water, electric, gas | 1 car garage Video Surveillance | Shown by Appointment only

Price Reduced! $1,200,000

Now only $995,000 Seller May Carry! AvAilAble Long term ground lease available @ $5,000/month NNN

FOR LEASE

1604 Paseo La Cresta | Palos Verdes Estates Residential – 1.03 Acres Vacant Land | APN 7544-021-003 Long term ground lease for development Asking $5,000/month NNN

FOAv R ail LE ab A le SE

FOAv R ail LE ab A le SE

viA CAmpesinA | RAnCHO pAlOs veRdes CA 90275

Via Campesina | Rancho Palos Verdes ProPerty HigHligHts

Residential – 1.07 Acres Vacant Land | APN 7546-012-023 •Residential 1.07 acres vacant land Long term ground lease for development | No physical address – •APN 7546-012-023 parcel is directly to the south of 3420 Via Camesina NNN •No physical address. Parcel Asking is directly to$5,000/month the south of 3420 Via Camesina. •Asking $5,000/month NNN •Long term ground lease for development

JONATHAN FERRINI joNAthAN feRRINI 8 5 8 .7 1 3 .9 3 5 0

jferrini@lee-associates.com JFERRINI@LEE-ASSOCIATES.COM Lee & Associates - San Diego, Inc.

10509 Sorrento Valley Parkway

Suite 201

(858) 453-9990 DRE 01297184

San Diego, CA 92121 •

no warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

858.713.9350

COMMERCIAL REAL ESTATE SERVICES


704 Pacific Avenue Manhattan Beach Premier Location

www.704PacificAve.com

Classic Cape Cod design on a 8,960 sq ft lot with breathtaking panoramic ocean views. 5 bedroom hill section family home custom built in 1997, with superior materials throughout. Featuring a chef’s island kitchen, office/guest suite + bathroom with a private deck, large backyard, sunny bbq patio, formal dining room & 2 family rooms. A special property- close to downtown, shops, restaurants, the beach and award2854 VIA VICTORIA, PALOS VERDES ESTATE winning schools.

108 ROCKY POINT ROAD, NEW PREMIERE LISTING IN LUNADA BAY!!

House n e p O 4 Sun 1-

$4,895,000

Great Tree Section Home

5 bedroom, 4 bathroom Cape Cod in Lunada Bay! 3320 sq ft on a 13820 sq ft lot. Backyard with sparkling pool & spa.N. Magnifi cent, spectacular street, great neighborhood! 2216 Ardmore Ave

$2,595,000 www.2216Ardmore.com

Open and bright home that sits on a 1/2 acre plus flat lot w/ocean views. Upgrades i floors, new furnace and air-conditioning added, & newly remodeled master bedr room. Large 3 car garage. The huge flat backyard has a pool, spa, fire pit and . Large back to enjoy the views and yard!

$1,849,000

2216 N. ARDMORE AVE, MANHATTAN BEACH

3009 ANTONIO STREET, TORRANCE

3 bed/3 bath Mediterranean home. The ice PrCharming ! d uceis 4400 sq ft. and the home sits above the street Redlot

Pr i c e ! ed Reduc

for privacy & tree top views. Great Location near Downtown Manhattan Beach, parks and schools!

$1,299,000 Great Location near Downtown Manhattan Beach, parks and schools! Charming Mediterranean home with 4 bedrooms, 3 baths. The lot is 4400 sq ft. and the home sits up on the property above the Street for privacy and tree top views. There is a living room with a fireplace, a nice size kitchen, a wonderful patio and deck for entertaining.

Brokers Open Friday 12-2pm Public Open Sunday 1-4pm

Great home in desirable area beds, 2 baths with 1,410 sq. ft. 5,300 sq. ft. lot. Newer roof Fireplace in living room. Upg ing, windows, and sliding door kitchen cabinets. This is a must fantastic neighborhood!

$599,000

$1,299,000

T

H

TERIERI HAWKINSAWKINS

Call Teri to get your property SOLD PREVIEWS SPECIALIST , RELOCATION

SPECIALIST THE U.S.” FOR 2010

N “T 1000 CB A DRE: 01195117 310-802-5727 DIRECT 310-251-3850 DIRECT TeriHawkins@coldwellbanker.com TERI HAWKINS@COLDWELLBANKER.COM DRE: 01195117 PREVIEWS SPECIALIST, AMED OP RELOCATION SPECIALIST GENTS IN NAMED “TOP 1000 CB AGENTS IN THE U.S.” FOR 2010

COLDWELL BANKER REA


310.421.2814

peninsulasir.com

24714ViaValmonte.com Torrance

$1,399,000

1521EspinosaCircle.com Palos Verdes Estates

$1,199,000

2808PaseoDelMar.com Palos Verdes Estates

$5,995,000 729ViaDelMonte.com

4313ViaAzalea.com

Palos Verdes Estates

Rolling Hills

$2,299,000

$995,000

32534Seacliff.com

2863ViaVictoria.com

Rancho Palos Verdes

Palos Verdes Estates

$2,299,000

$2,499,000 1ReataLane.com Rolling Hills

$2,999,000

The Edler Group

Rick Edler 310.872.4333 DRE# 01113145

Kitty Edler 310.283.8790 DRE# 00800837

Darin DeRenzis 310.418.6210 DRE# 01760239


Comic strip art - 1990 - clear book

Lift art drawn by LoBianco Studios - 5/99

“If” you need answers to your mortgage questions MetLife Home Loans, a division of MetLife Bank, N. A., is here to help. Because home ownership is part of life, we want to make the experience simple and fulfilling. Your local Mortgage Consultant will work with you by answering your questions and guiding you each step of the way.

For more information, contact: Eli Fairfield Sales Manager 1230 Rosecrans Ave, Suite #402 Manhattan Beach, CA 90266 310-227-3359 efairfield@metlife.com www.elisouthbay.com

Rolling Hills Office 609 Deep Valley Drive, Suite 234 Rolling Hills Estates, CA 90274

All loans subject to approval. Certain conditions and fees apply. Mortgage financing provided by MetLife Home Loans, a division of MetLife Bank, N.A. Equal Housing Lender. ©2011 METLIFE, INC. L0411173118[exp0512][All States][DC] © 2009 PNTS

For the if in life ®

13357


3410 Hermosa Avenue Hermosa Beach Architectural masterpiece by acclaimed Morphosis design team Thom Mayne & Michael Rotondi 4000+ Square Feet 3 Bedrooms, 3 Baths Unobstructed Ocean Views from Palos Verdes to Malibu Architectural Digest’s Editors’ Selection October 2010

$5,295,000

ES IN CR OW

LIS NEW TI NG

www.HouseAtTheBeach.com

130 19th Street, Manhattan Beach

329 19th Street, Manhattan Beach

3104 Ocean Drive, Manhattan Beach

Stunning Walk Street Location Only 5 houses from the Strand! 4 Bedroom, 3 Bath Home Ocean View Deck with Spa & gas BBQ 2,144 Square Feet

Contemporary Dean Nota Walk Street Masterpiece Fantastic Ocean Views 4 Bedrooms, 4 Baths 3632 Square Feet, 4 Car Garage

Charming & Fully Upgraded Triplex Great Ocean Views 2 Bedroom, 2 Bath Owner’s Unit Two-1 Bedroom Rental Units Walk to the Beach!

$2,599,000

$2,499,000

$3,500,000

Gerard Bisignano Contact me for more information on off-market Strand and Walk Street homes. Cell: 310-990-4727 | Office: 310-376-6004

gerard@coastalluxuryliving.com | www.coastalluxuryliving.com

DRE: 01116110


41 Nantasket Rancho Palos Verdes Build Your Dream Home on the Golf Course City & CCC-Approved Plans for 5500 Square Foot Resort-Style Estate 4 Bedrooms, 4.5 Baths Home Site Features 275 feet of frontage along Terranea’s Links Golf Course Land also available stand alone

$4,450,000

ES IN CR OW

ES IN CR OW

www.CoastalLuxuryLiving.com

31 Nantasket, Rancho Palos Verdes

2 Hillcrest Manor, Rolling Hills

7 Sea Cove Dr., Rancho Palos Verdes

Choose Your Finishes! City & CCC-Approved Plans for 5000 Square Foot, Resort-Style Home 4 Bedrooms, 4.5 Baths on Terranea’s Links Golf Course Land also available stand alone

Beautiful Newer Construction 5 Bedrooms, 5 Baths+ Private Office Gourmet Kitchen with Granite Counters & Marble Floors Circular Motorcourt + 3 Car Garage

Rare Coastal Lot Over 10,000 Square Feet Plans for a 4000 Square Foot Marmol Radziner Home Unblockable Ocean & Coastline Views Build as a Primary Residence or a 2nd Home Joint Venture Possibilities

$3,250,000

$2,249,000

$694,500

“Navigating the Real Estate market can be challenging during these uncertain times. As a luxury real estate specialist 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


No Other Realtor has Sold More Homes in the Hollywood Riviera Since 2003 THIS WEEK’S FEATURED PROPERTY

Offered at: $1,619,000 Offered at: $899,000

335 Calle De Andalucia, Redondo Beach 5 Bed/4 Bath/3,300 sq ft plus 850 sq ft finished basement. Exquisite Tuscan-Mediterranean home custom built in 2004

www.335CalleDeAndalucia.com

421 Via Colusa, Torrance This gorgeously remodeled upper Hollywood Riviera home offers 4 bedrooms and 1 3/4 baths in 1,595 square feet and on a 6,696 square foot lot. The home’s large, flat backyard has luscious fruit trees and a patio area for entertaining. This perfectly located home is an easy walk to the Palos Verdes bridle trail, Riviera Elementary School and Rocketship Park. The property features a stunning kitchen with Ceasarstone countertops, pendant lighting and travertine floors. Other features include newer vinyl windows and doors, a tankless water heater, a newer roof, numerous skylights, newer interior doors with leaded glass, remodeled bathrooms, a newer furnace and ducting, recessed lighting and many other features. This is truly a home-sweet-home!

Offered at: $1,229,000

www.421ViaColusa.info

Igor Nastaskin Cell: 310.892.6016 Office: 310.378.9494 inastaskin2@socal.rr.com www.IGORrealestate.com

3816 Bluff Street, Torrance

DRE 01317822

Your Best Move.

Offered at $1,249,000, 4Bed/3Bath/3,737sq ft Custom home with city light views

www.3816Bluff.com

Proud Sponsor of the Riviera Elementary Character Counts Program • # 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

(Source: Trendgraphix Inc)


OPEN HOUSE DIRECTORY ™

Preview all the latest open houses in the beach cities of the South Bay


MANHATTAN BEACH ™


MANHATTAN BEACH ™


MANHATTAN BEACH ™


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.

Hear What our Clients Have to Say About Us!

www.CoastCapitalGroup.com/about/testimonials.php


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South Bay Digs 7.22.11