Professional Documents
Culture Documents
LET
FREEDMAN
then call the
MOVERS
RING
D!
SO L
SO L
1026 1ST STREET, MANHATTAN BEACH 704 PACIFIC AVENUE, MANHATTAN BEACH
SO LD !
SO LD !
417 MARINE PLACE, MANHATTAN BEACH
D!
Offered at $3,295,122
www.1030FirstStreet.com
RobertFreedman
310-291-7779
Twitter.com/LetFreedmanRing
Dear Neighbors,
BANK OF MANHATTANS mortgage management team understands what it takes for loan officers to be successful. We set high service standards, offer competitive pricing and provide alternative mortgage solutions in addition to the commoditized mortgages of the big banks. Local presence ensures our clients will have peace of mind in knowing their loan officers have personal relationships with the Banks underwriting, processing, and closing teams ensuring a seamless mortgage experience.
310.798.5501 | www.bankofmanhattan.com South Bay West Los Angeles Woodland Hills Orange County San Diego
BOM is an equal opportunity employer; for confidential consideration for employment please send your resume to csalceda@bankofmanhattan.com
30 Year Fixed, NO Points, 4.125% (4.144% APR), $1,500,0001 New Payment: Payments 1-360: $7,287 30 Year Fixed, NO Points, 3.500% (3.567% APR), $417,0002 New Payment: Payments 1-360: $1,888
Payment examples do not include taxes and insurance; actual payment will be greater. Example #1 assumes a loan of $1,500,000 loan amount financed at the rate, APR, term noted above at maximum 80% loan-to-value, 34% DTI, with a 740 credit score and 1 year prepayment penalty may apply. Example #2 assumes a purchase or refinance loan of $417,000 loan amount financed at the rate, APR, term noted above at maximum 75% loan-to-value, 45% DTI, with a 740 credit score and no prepayment penalty. Nothing herein is or should be interpreted as a commitment to lend. All loans are subject to credit and property approval. Rate and Annual Percentage Rate (APR) stated above are as of 08/31/2012. The payments noted above are principal and interest payment. Terms may vary, conditions and restrictions apply. Actual rate for the loan is determined at time of rate lock based upon program and terms requested. Rates and terms are subject to change without notice. NMLS# 401422 2012 Bank of Manhattan, N.A.
$6,500,000
$3,950,000
$2,799,000
$2,598,000
Terranea
The Exquisite Two-Bedroom + Den Residence Boasts About 2000 sq. ft. and Resonates with Classic California Design.
Units $1,495,000
$1,390,000
$9,500/ month
LILY | LIANG
310.373.3333 www.lilyliang.com | lily@lilyliang.com dre #00837794
JACK GILLESPIE
********* YO U R R E A L E S TAT E B R O K E R FOR 38 YEARS
$4,749,000
EXPERIENCE IS EVERYTHING
********* K N OW L E D G E , P R O F E S S I O N A L I S M , U N D E R S TA N D I N G , AC C O U N TA B I L I T Y, A N D C R E AT I V I T Y
$2,650,000
(310) 802-4344
JACK.GILLESPIE@SOUTHBAYBROKERS.COM DRE # 00426498
U N O BSTR UC TA B L E
C O A S T L IN E
V IE W
3 1 6
3 B E D R O O M S 3 . 5 B AT H R O O M S B U I LT 2 0 0 6 $ 1 , 5 0 0 , 0 0 0
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S T R E E T ,
M A N H A T T A N
B E A C H
CELL: 310.466.1004
JIM.VANZANTEN@SOUTHBAYBROKERS.COM
E T H I C S , & E X P E R T I S E
M E M B E R
E X P E R I E N C E ,
Th is fin e t un ed fi ve bedro o m + 4 .5 b at h ho me hi t s all t he ri ght no t e s. A drama t i c t wo s t or y li vi n g room , fe s t i ve fo rm a l din in g room, gour met ki tc he n w i t h t o p li ne appli ance s and ce nt e r i s la n d s e a t i n g , for m i d a b le fa m i ly room , m a st er sui te wi th s i t ti ng are a. P ri vat e l ands c ape d re ar yard, t re lli s e d p a t i o, f i re p i t , s p a r k li n g s p a . Har moni ous fi x tu re s, f l o o ri ng , f i ni she s. Thre e f i re pl ace s. Eve r y a m e n i t y. V i r t u a l To u r 1 2 0 9 O a k o n Yo u t u b e
T E A M R E A L E STAT E
Direct (310) 200-5280 / (310) 429-6478 Office (310) 546-7611 x 384 / 304
310.546.7611
www.JohnAltamura.com
In the Top 1% of ALL Realtors in America in Residential Sales for the Past 20 Years
310.309.7595
ALTAMURA1213@GMAIL.COM
Vincenzo
310.291.5603
John
ALTAMURA1@GMAIL.COM
310.503.9293
ALTAMURA1@GMAIL.COM
Giovanni
FEATURED LISTINGS!
Not on the MLS
2319 RALSTON LANE, REDONDO BEACH 4 Bed | 3 Bath | 3,078 sq. ft. of Living | 7,500 sq. ft. Lot with Full Yard! OFFERED AT $1,299,000
418 S. LUCIA AVENUE, REDONDO BEACH 5 Bed | 4 Bath | 3,616 sq. ft. Living | 6,343 sq. ft. Lot with a Yard OFFERED AT $1,299,000
Tony Accardo
Email: Tony@BeachCityTony.com Direct: 310-855-3557 Facebook.com/BeachCityTony.Page
All information from reliable sources but not guaranteed. Buyer and Buyers Agent to verify. DRE# 01863340
REGION
1
2011 PPF
PPF
RANCHO PALOS VERDES - EAST RANCHO PALOS VERDES - WEST ROLLING HILLS ROLLING HILLS ESTATES PALOS VERDES ESTATES SOUTH REDONDO BEACH NORTH REDONDO BEACH HERMOSA BEACH EAST MANHATTAN BEACH MANHATTAN BEACH
$423 $441 $660 $428 $533 $431 $347 $582 $474 $714
$432 $406 $682 $464 $503 $417 $346 $590 $473 $715
6 30 0 5 17 28 37 16 13 28
7 8
10
5 4
Reporting source from the MLS database for Single Family Homes and Townhome units (not including condominium or other property types). PPF Price Per Foot. Supply includes pending sales. South Redondo Beach includes the Hollywood Riviera.
TONYS BLOG
You might be surprised with how much your home is worth these days especially in Palos Verdes Estates, South Redondo Beach, and Manhattan Beach. These areas continue to have dwindling available options (Supply) for Buyers and yet the amount of demand is getting stronger and stronger. If youve been thinking about Selling your home but are not sure that you can get your price, we can certainly help. We can share your home information through our networks and we may be able to find a buyer at your price without even putting it on the market (or better, with terms that could include affording you the time to buy something else after youve sold thru a rent back provision).
1
(Visit Tonys web site regularly to see more blogs and videos)
AREAS
North Hermosa/Manhattan Rolling Hills Rolling Hills Rolling Hills Hermosa/Redondo Beach Rolling Hills PVE, Redondo Beach Manhattan East/Trees Manhattan Sand South Redondo/Hermosa.Manhattan Rolling Hills Estates South Redondo Beach
BEDROOMS
3 or more 5 or more 5 or more Land Only Income Property 3 or more 3 or more 4 or more 3 or more 4 or more 3 or more Land Only
SPECIAL REQUESTS
New Construction Strand Horse Property, Pool Workshop/Barn, Pool View Turn Key Preferred Fixers welcomed Ocean View Updated Preferred Updated Preferred Turn Key Preferred Fixers welcomed View Preferred
Buyers represented by Tony Accardo are financially pre-approved. Please contact us directly (or ask your Real Estate professional
Rolling Hills Home on 3.8+ Acres of Private Land Abutting the Portuguese Bend Nature Preserve Ocean, Coastline and Catalina Island Views 3,409 sq.ft., 3 bedroom, 4 bathroom in Main House Pool, Spa, Large Grass Yard
$2,299,000
For a private appointment, please contact . . .
TRICIA RAPAPORT
THE REALTOR
TRAPAPORT@REMAXPV.COM
310-378-1163
WWW.THEGoToRE.COM
DRE # 01339473
dream home
Here is your plan... Whether youre considering buying or selling a home, call on the Realtor to help you navigate the market to your advantage and make new home dreams your reality.
h 35t
Club 90254 HB
St d St 33r Ave low gfel st St Lon 31 St h 30t l st P l h St 31 h P 29t 0t 3 h St 28t St
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our promise.
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no fancy promises
no conspicuous claims
no incomprehensible data
no bizarre jargon
no unimaginable outcomes
13th St
BLAKE ROBERTS
and room dimensions Summary of recent utility bills Contact info all local utilities Termite report summary
Annual insurance costs and insurance agent contact Directory of current service providers (gardener, pool company, security company)
DIANA ROBERTS
25th
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. Fran
WE ARE HERE
. Fran
PURCHASE LOANS TO
$3,000,000
R Ate :
2.50%
APR:
3.17%
R Ate :
3.13%
APR:
3.38%
JAN PRESLO
NMLS# 485771
JAMES KAY
ROSS THAYER
NICK DO
jan.preslo@nafinc.com
james.kay@nafinc.com
ross.thayer@nafinc.com
nick.do@nafinc.com
310.991.8079
1230 ROSECRANS AVENUE,SUITE 402, MANHATTAN BEACH, CA 90266
Rates based on a 750+ FICO. This 5/1 Adjustable Rate Mortgage (ARM) is fixed for the first 60 months with payments of $5,926.81 for the first 60 months and is based an example First Trust Deed of $1,500,000 and 70% LTV with impounds. APR includes 1 point. This 10/1 Adjustable Rate Mortgage (ARM) is fixed for the first 84 months with payments of $6,425.63 for the first 84 months and is based an example First Trust Deed of $1,500,000 and 70% LTV with impounds. APR includes 1.25 points. Payments are due the 1st day of each month. Rates and terms effective 8/31/2012 and subject to change without notice. Payments include principal and interest and do not include taxes and insurance. Actual payment obligation will be greater. Actual rate determined after receipt of a completed application and prior to execution of loan documents. Payments are based on the initial rate and also take into account initial, subsequent, and lifetime rate caps. This is a variable rate loan. The APR may increase after consummation and actual payment amounts will vary annually after the fifth year for the 5/1 ARM and the tenth year for the 10/1 ARM based on changes in the index. Your payment will increase and may increase substantially if interest rates increase. Conditions and restrictions apply. Not all applicants will qualify. Broker Solutions Inc. dba New American Funding (NMLS #6606) Corporate Office is located at 14511 Myford Road, Suite 100 Tustin, CA 92780. Licensed by the California Department of Corporations under the Residential Mortgage Loan Act License #4131117. 08/2012
T ENN I S A N YO N E?
south bay
Visit Our YouTube Channel for a video tour of this home! YouTube.com/SouthBayDigs
Fabulous Upper Lunada Bay Tennis Estate on over 3/4 Acre Parcel with Panoramic Ocean Views. First Time Offered by Original Owner. This Custom Mediterranean 6 Bedroom, 3.5 Bath Home has an Enchanting Moroccan Feeling Throughout. Come Through the Front Courtyard & Double Doors to an Authentic Satillo Tile Flooring Entry. Step Down to an Inviting Living Room with a Raised Hearth Fireplace & Walls of Glass to Enjoy the Sweeping Ocean & Pool Views. Central to this Great Room Open Floor Plan is the Formal Dining Room that Overlooks a Spacious Family Room with a Floor-to-Ceiling Brick Fireplace, Built-In Cabinets & Stained Glass Windows. The Nearby Garden Room off the Pool Side Patio & BBQ Area is a Perfect Location to Add a Wet Bar for Entertaining Guests. The Kitchen has a Cozy Breakfast Nook, Tiled Counters, Center Island with Jenn-Air Cooktop, Double Oven, Dishwasher & Trash Compactor plus the Adjacent Laundry Room has a Refrigerator & Extra Cabinets & Counter Space. 2 Convenient Downstairs Bedrooms Share a Tiled 3/4 Bath. 4 Bedrooms with 3 Decks Upstairs Including the Master Suite with a 3rd Masonry Gas Fireplace, Built-Ins, Walk-In Closet, Glass Block Shower & Sauna. The Attached 3 Car Garage Offers Plenty of Storage. 2 (50 Gal.) Gas Water Heaters, Track Lighting, Window Shutters & Electric Roller Shades plus Decorator Faux & Stencil Painting Throughout. The New Owner will Enjoy the Ocean View Platform overlooking the Regulation Size Tennis Court with Basketball Hoop.
www.1308ViaZumaya.com
W W W. J U L I E M A D D OX . H O U S I N G T R E N D S E N E W S L E T T E R . C O M
$3,199,000
COMING SOON!
new Construction SINGLE FAMILY RESIDENCE IN MANHATTAN BEACH SOUTH END SAND SECTION
LeGrande Beach Homes Premium Real Estate Listings in the South Bay
Lee LeGrande
310.930.8737 direct 310.356.3266 efax
DRE# 01316971
www.LeeLeGrande.com
coNtENtS
RELAAAX
Watch the sunset swim a lap in the pool have some friends over. The choices are all yours when you have the perfect place to call home. This spectacular Mediterranean Villa has it all. With full ocean/Catalina view and beautiful pool and spa plus 8,340 sq ft of living space with 6 bedrooms including the office, the world is yours. It has family room plus entertainment room, 2 conservatories, formal living and dining rooms, gourmet center island kitchen, music room, library, and spacious lawn. Come home to enjoy the Palos Verdes life style this is the best of the best. www.65ViaDelCielo.com
ASKING $4,995,000
REDUCED TO $5,995,000
GAYLEPROBST
310.265.7308
gayle.probst@gmail.com www.pvrealestate.com
Preparation, turn-key real estate advice, and the personal touch you expect.
W W
WOLF & WOLF
B U Y I N G S E L L I N G R E N TA L S I N C O M E R E L O CAT I O N R E S U LT S
CONTENTS CONTENTS
PAGE 32
DIG THIS
PAGE 18
MUSE
PAGE 26
numbers game
COVER HOME
PAGE 40
LOOKING BACK
PAGE 51
MARKET TRENDS
PAGE 62
LOCAL NUGGETS
mama teranos
22 SouthBayDigS.com|9.07.2012
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THINK OUTSIDE THE BOX! Can you connect all 9 dots using only 4 lines?
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18024 La Salle, Gardena Represented Buyer $313,000
REO purchase. Great deal for my buyer!
ES
LD
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1729 Haynes, RB Represented Seller $815,000
Obtained 99% of list price for my seller!
ES
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834 Monterey, HB Represented Seller $1,117,000
$42k over asking price with multiple offers!
ES C
. . . . . . . . .
LE
DARREN PUJALET
2011 LEADER IN HERMOSA CLOSED TRANSACTIONS
WHY? . . . I SIMPLY WORK MY TAIL OFF!
(310) 613-1690
www.YourOwnMLS.com
D.R.E. #01845166
south bay
Mr. Frank Vanderlip purchased the entire Palos Verdes Peninsula in 1913, and in 1916 constructed the first residential home on the Peninsula in the Portuguese Bend area of Mr. Vanderlip developed a hobby of maintaining a large bird aviaryjust below The Cottage, which included a number of large bird coops and a large semi-circular pond providing a haven for migratory birds. Mr. Vanderlip also had a full time bird doctor living next door and a bird hospital built next to the pond. The origin of the peacocks that inhabit the Palos Verdes Peninsula is somewhat disputed. Frank Vanderlip Jr., in an interview,stated that the peacocks were a gift from Lucky Baldwin, a prominent investor and businessman and a friend of Frank Vanderlip Sr. around 1924. In this version, Mr. Vanderlip was visiting with Mr. Baldwin at Mr. Baldwins estate in Arcadia, and admired his flock of peacocks that had originally been imported by Mr. Baldwin from India in 1879. Mr. Vanderlip then commented thathis Villa Narcissa was too quiet, and that Mr. Baldwin thengave Mr. Vanderlip 6 peacocks to liven the place up. Elin Vanderlip in her book published shortly before her death, also states that the peacocks were a gift from lucky Baldwin, this, however, would not have been possible as Mr. Baldwin died in 1909, prior to Mr. Vanderlips purchase of the Palos Verdes Peninsula. Another version has Anita, the daughter of Mr. Baldwin, giving the peacocks to Mr. Vanderlip years after Mr. Vanderlip had admired Mr. Baldwins peacocks atMr. Baldwinsestate prior to Mr. Baldwins death. Yet another version, published by Francine A. Bradley, Ph.D. UC Davis, in areport to the City of Rancho Palos Verdes on managing peafowl on the Palos Verdes Peninsula, states that the original peacock colony on the Palos Verdes Peninsula was a gift of 16 birds from the daughter of William Wrigley, Jr. to Frank Vanderlip, Sr. from Mr. Wrigleys aviary on Catalina Island. This version was supported by an interview with Mrs. John Vanderlip (Suzanne Vanderlip) in 2000. One thing that does not seem to be disputed is that in later years, Mr. Vanderlips collection of birds (other than the peacocks) were donated back to Mr. Wrigleys aviary on Catalina Island. The peacocks which had been maintained at the Vanderlip Estate in Portuguese Bend were apparently released in Portuguese Bend after Mr. Vanderlips death. It is suspected that some of the birds were introduced to Palos Verdes Estates by former mayor Fred Roessler sometime in the period from 1960-65. There are now numerous peacock colonies in Rancho Palos Verdes in the Crestridge, Vista Grande, and the Portuguese Bend areas, as well as in the Lunada Bay and Malaga Cove areas of Palos Verdes Estates.
www.southbayhistory.com for more history info
KristenDawe
annaSugarman
PaulJonason
CONTRIbuTINg WRITERS
Pamelacorante-hansen,QuinnRoberts DeniseKano
DigitaLmEDia
www.SouthBayDigs.com
Download the South Bay Digs App at the Apple iTunes Store for iPhone & iPad
SouthBayDigs,2554Viatejon,PalosVerdesEstates,ca90274 office:310-373-0142Fax:310-373-3493
South Bay Digs magazine is published every other Friday by m3 media, LLc. Reproduction in anyformorbyanymeansisstrictlyprohibitedwithoutthepriorwrittenconsentfromm3media LLc. the Publisher and advertisers are not responsible or liable for misinformation, misprints, or typographical errors. all advertised properties are subject to prior sale or withdrawal without notice. Real estate advertised in this publication is subject to the Federal Fair housing act. m3 media will not knowingly accept any advertising for real estate which is in violation of the law. allpersonsareherebyinformedthatalldwellingsadvertisedareavailableonanequalopportunity basis.anyandallsubmissionstothispublicationbecomethepropertyofm3media,LLcandmay beusedinanymedia. To our readers:SouthBayDigsmagazinewelcomesyourfeedbackandencouragesreader 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 nameandcontactinformation.Lettersmaybepublishedandwereservetherighttoedit. adverTising: Forinquiries,pleasecontactPublisherWarrenDowat310-373-0142. subscripTions:Subscriptionsare$26peryear.Subscribebyemail:contact@southbaydigs.com creaTive services & ad design/original arTwork provided exclusively by souTh bay digs. 2012 m3 Media, llc. all rights reserved.
310.541.6416
MMegowan@cox.net
(QSC, PV Specialist, SRES, SDPE)
24 SouthBayDigS.com|9.07.2012
MaureenMegowan.com
Web blog: mmegowan.activerain.com
Breathe in the fresh air! 25,000 square feet of rolling, gentle land. This 2,000 sq ft. cottage-style home has 3 bedrooms, 2 12 baths, a 2-stall barn, an office and attached potting shed. Horse Approved Property. An idyllic location with magnificent terraced garden beds and large flat areas in which to enjoy huge pastoral and some ocean and coastline views. Beautiful private Cul de Sac street and easy access to the Narcissa Gate.
Listed at $510,000
ON THE COVER
PuBLiShERSmuSE
NumBerS GAme
after delving into this years real estate A good decision is based on statistics with earnest, one trend stands knowledge and not on numbers. outalackofinventory.ifyoulookatthe - Plato aggregate months of inventory for the citiesofmanhattanBeach,hermosaBeach, RedondoBeach,PalosVerdesEstates,RanchoPalosVerdes,Rollinghills&Rollinghills Estatesinventoryisdownto3.16monthsinaugust,(thelowestin4years.)manhattan Beachhasalsoreachedafouryearlowof2.11monthsofinventorythispastaugust. checkoutourindepthlookatlocalrealestatemarkettrendsstartingonpage51.
2008 moNth JaN FEB maR aPR may JuN JuL aug SEP oct NoV DEc 2009 2010 2011 2012 mo/iNVENtoRy mo/iNVENtoRy mo/iNVENtoRy mo/iNVENtoRy mo/iNVENtoRy 14.34 5.71 5.69 6.03 10.92 14.33 8.02 7.03 5.78 9.63 8.33 7.08 7.38 7.16 6.26 7.41 8.41 9.12 10.29 8.33 9.86 8.09 10.13 5.99 5.05 6.69 6.44 4.58 5.11 3.83 5.05 5.25 4.68 5.56 5.48 5.61 5.54 6.23 7.61 4.05 5.33 6.08 4.93 4.45 4.69 4.91 4.88 7.35 4.6 3.58 3.45 3.65 3.38 3.29 3.74 3.16
thisissueshomEoFthEWEEKisafabulousupperLunadaBaytennisEstateonan over3/4acreparcelwithpanoramicoceanviews.Firsttimeofferedbytheoriginalowner, thiscustommediterraneanhomehasanenchantingmoroccanfeelthroughout.check outallthedetailsinourfrontcoverglosssectiononpage18anddontmisstheDigS producedhighDefinitionPropertyVideotouratwww.youtube.com/SouthBayDigs. offeredbyJulieSchultemaddox,RE/maXPVEXEcS. Newconstructionisonthehorizon.onthecoVERthisissueisastunningnewconstruction plantation style home currently under construction in the Sand Section of manhattan Beach, with over 4,100 sq ft of living space. offered by audrey Judson, Shorewood Realtors.checkoutmorecoverhomedetailstotheleftonthispage. the ultimate in the outdoor showering experience, oborain, is this issues Dig thiS startingonpage32. chefRobertBellsmamateranorestaurantinRollinghillsEstatesisthisissuesLocaL NuggEtstartingonpage62. Enjoy! WarrenJDow Publisher wdow@southbaydigs.com 310.373.0142
Ocean Views 5 Bedrooms and 4 1/2 Baths Walk to Downtown Restaurants and Shops Stunning Beach Plantation Style Design Over 4,100 Square Feet of Living Space Extraordinary Upgrades Include: Elevator, Solar Thermal Water Heater, Computerized Lighting System, Pre-wired for Photovoltaic Solar Panels and Much, Much More!
OFFERED AT $5,500,000
26 SouthBayDigS.com|9.07.2012
$4,299,000
PVHomeGroup@gmail.com www.PalosVerdesHomeGroup.com
DRE #01193674, DRE #01071319, DRE #00281603
Simply Tiles
P R I T Z KA T & J OHN S ON
A R C H I T E C T S
Design Center
WWW.SIMPLYTILES.COM
LICENSE #904876
www.pritzkatjohnson.com
INTERIOR DESIGN
&
JOHN CAPELLARO
Cell: 310-463-4100 Cap@PrimeBeachRealty .com PrimeBeachRealty .com
DRE# 01842507
STAGING
Attractive and tasteful design can happen only within the context of a successful collaboration between designer and client. - Christine Stahlberg, ASID Allied Member
310.889.5259
CMSInteriorDesign.com
Coldwell Banker
Ranked #1 in web traffic among all real estate franchises. The global leader in International marketing of luxury properties.
28 SouthBayDigS.com|9.07.2012
Robb D. Stroyke Stroyke Properties 920 Manhattan Beach Blvd, Ste 4 office: 310-545-9595 ext. 123 cell: 310-938-6008 robb@stroykeproperties.com
SO LD
WANTED:
OLDER & SMALLER HOMES $ELL DIRECT TO BUILDERS CALL MATT (310) 529-9580
$3,279,000
www.921NINTH.com
OW
$899,000
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631 6th Street, Hermosa Beach
3 Bedrooms, 2.5 Baths, Approx. 2348 sq ft, 2 Decks, 1 off the Living Room & another on the Rooftop. LISTED BY MATT ADAMO(310) 880-8628
$1,199,000
$550,000
Enter numbers into the blank spaces so that each row, column, and 3x3 box contains the numbers 1 to 9. For answer, go to www.OnePacificRE.com/sudoku.php
EverySudokuPuzzlehasauniquelogicalsolution.Enternumbers intotheblankspacessothateachrow,column,and3x3box Every Sudoku Puzzle has a unique logical solution. containsthenumbers1to9. Foranswer,gotowww.OnePacificRE.com/Sudoku.php
CALL US
Matt Waxman
310.529.9580
Matt@MattWaxman.com MattWaxman.com
01290178
Jim Lisi
310.753.8026
Jim@JimLisi.com OnePacificRE.com
01411669
OnePacificRE.com
steve@wattsrealestate.com www.wattsrealestate.com
DRE# 00966894, 01040493
DIG THIS
OBO
32 SouthBayDigS.com|9.07.2012 32 SOUTHBAYDIGS.COM | 9.07.2012
THE MATERIALS WE USE ARE A HUGE PART OF WHAT WE DO, Oxboel said. We wanted the shower to be as perfect as possible and to really have a quality of design and materials.
ORAIN
BY Q U I N N R O B ERTS
For more information, visit: oborain.com
Sometimes the best ideas come in the most unexpected places at the most unexpected times. Just ask Kirsten Oxboel and Jim Lobley, the co-founders and designers of Oborain. Stopping at a pizza joint as they traveled through Costa Rica in December 2011, Lobley handed Oxboel an idea hed sketched out on a napkin. On it was a picture of an outdoor shower that could be set up on any level surface during spring and summer, then disassembled and stored inside for winter. After that initial idea, we took the next few months to experiment and nail down the idea, figuring out what materials we wanted to use, Oxboel said. One of our goals from the beginning has been to simplify and pare down, so it is easy for customers to understand and install without any tools. That was really important to us. Gradually making a name for themselves in the design world since showcasing their pre-fabricated showers at Dwell on Design in June, Oxboel and Lobley have seen their shop in Greenfield, Massachusetts, where everything is built and manufactured, busier then ever. Trying to celebrate the aliveness of showering outdoors, Oborain weaves the elements of steel, wood, water and air to create the ultimate outdoor showering
experience that can be anywhere from the backyard to the beach. And while the company could have outsourced the assembly of their product, Oxboel and Lobley made it a priority to have everything handcrafted locally with the best materials. The shower deck is made from Cumaru, a sustainability harvested Brazilian hardwood that is durable, rich in color and weather resistant. The frames, along with all of the hardware, is crafted from stainless steel tubing that has a 400 grit finish, giving the steel a soft, reflective luster. The Axor Citterio showerpipe, which has integrated German engineering and Italian design, also offers temperature control and a three-jet showerhead with spray modes. The materials we use are a huge part of what we do, Oxboel said. We wanted the shower to be as perfect as possible and to really have a quality of design and materials. Offering a solo, double and trio shower, along with a new piccolo addition, Oborain prices range from $4,300-$12,000, depending on the size and amenities purchased. Oborain also offers accessories to go along with the showers, including: benches, towel hooks and soap shelves. I really have seen nothing like it, Oxboel said. The prefabricated showers we make are really one-of-a-kind.
9.07.2012 | SOUTHBAYDIGS.COM
33
5 Bedrooms, 4.5 Bathrooms / 4,630 sq ft Gourmet chefs kitchen and temperature controlled 900 bottle wine cellar Multiple skylights and expansive Ocean views from both floors Stunning landscaping with water fountain feature in front courtyard Security gate with phone Terrific outdoor space, gorgeous handmade mosaic tiled balcony Hand painted murals by renowned artist Shari Tipitch Venetian plaster, hand carved wood elements and well placed ornaments throughout this luxurious home
www.222Anderson.com
4 Bedroom, 3.5 Bath vacation getaway! Leasing now, call for more details.
MANHATTAN BEACH HILL SECTION Up to $5,000,000 MANHATTAN BEACH SAND SECTION Up to $2,100,000 MANHATTAN BEACH MODERN HOME Up to $1,650,000 REDONDO BEACH JEFFERSON DISTRICT Up to $800,000
IN ESCROW
www.332ThirtyFirst.com
KRISTEN NOVOA
REALTOR, M.A., NOTARY, CNE, CIPS, CLHMS
34 SouthBayDigS.com|9.07.2012
310.798.4663
www.SouthBayOpenHouse.com
Kristen@SouthBayOpenHouse.com
Prime Manhattan Beach Strand Location Full 33 x 105 Lot (3,465 sq. ft.) Two three bedroom duplexes (total of Approx 3,000 sq. ft. of living space) Panoramic Ocean and Sand Views From Malibu to Catalina and PV Build your dream home or hold as income
OFFERED AT $6,295,000
OVER $30 MILLION IN PROPERTY SALES YTD 2012
Jeremy Shelton
310.245.3705
35
SOUTH BAY
NOT ON MLS!
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. Working with our clients is an essential part of each new project, and our ability to adapt and modify to fit each clients 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.
SEAN ICAZA
general contractor 310.480.0385 sean@icazaconstruction.com
36 SouthBayDigS.com|9.07.2012
Adriana 310-283-4900 adrianabacelic@yahoo.com DRE# 01025431 Lidija 310-930-8110 lbacelic@yahoo.com DRE# 01881787
MODERN TRANQUILITY
609 N. VALLEY DRIVE, MANHATTAN BEACH
2 bedrooms + bonus room | 3 bathrooms | 1,667 sq. ft. Zen garden entryway with antique Japanese door Versatile loft living West-facing balcony ideal for evening sunsets Stunning pecan macchiato hardwood floors and natural finishes throughout
$1,599,000
$1,174,000
Over 80 Million in Real Estate Transactions in 2011
2011 Coldwell Banker Real Estate LLC. Coldwell Banker is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Owned and Operated by NRT LLC
RETURN ON INVESTMENT
(ROI)
South Bay DIGS has been an invaluable marketing partner for my business since they first launched in 2010. Its just what the South Bay real estate market needed and it works. In response to one of my listings in my DIGS ad, I gained a new client who purchased and sold four properties a combined $7,000,000 in transactions from one DIGS ad!
RESULTS
CO
NS N TR EW UC TIO
$1,099,000 EACH
$999,000
= $7,000,000
in transactions from one DIGS ad!
GARYELMINOUF I
GaryElmo@gmail.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
Find out what a marketing partnership with South Bay DIGS can do for your business.
CALL US TODAY
310.373.0142
TO
GARYEL
Integrity + Hard Work =
!
RESULTS
Viking appliances Soaring vaulted ceilings BBQ and firepit
Everything new including roof, plumbing, electrical, windows, landscaping and professional kitchen with center island and all
Deck with greenbelt views overlooking rear yard with built in Extra large family room with fireplace and walk-in wine cellar. Hardwood floors throughout Two short blocks to award-winning Alta Vista school and park A short stroll to beach, restaurants ad shopping
SO
LD IN OV 3 ER DA PR YS IC E
GARYELMINOUF I
GaryElmo@gmail.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
LOOKING BACK
M A N H AT TA N B E AC H S C L ASS I C P OT T E RY
BY DENIS E KANO
METLOX
Its hard to imagine a downtown that was at one time less resplendent with designer stores and high-priced eateries, and was home to a popular pottery manufacturer. Yet, the intersection of Manhattan Beach Boulevard and Valley was once the home of Metlox Pottery, a company first known for making advertising signs and, later, colorful dinnerware and ceramic wear that became synonymous with Manhattan Beach.
I love that Metlox is such a huge part of the history of the town in which I live, and that I have a little piece of that history in my home.
40
SOUTHBAYDIGS.COM | 9.07.2012
The earliest Metlox mark was California Pottery impressed on the first line of dinnerware produced in 1932.
METLOX HISTORY
Metlox Manufacturing Company was previously located at 1200 Morningside Drive. It was founded in 1927 by T. C. Prouty with the aim of producing outdoor ceramic signs, but the company name was soon changed to Metlox Pottery with the focus on making different lines of dinnerware and ceramic collectibles. Metloxs first line of pottery, Poppytrail, was introduced in 1934, and was available in 15 bright colors and pastels. The poppy, being our state flower, was used in the title in order to emphasize California, and Poppytrail quickly became well known for its vivid glazes which came from locally-mined metallic oxides. During WWII, business suffered and production was limited. Reportedly, Metlox converted most of its production to defense work and produced aircraft parts. After the war, Evan K. Shaw of American Pottery in Los Angeles purchased Metlox and in 1946, the famous California Ivy pattern was created the first of many handpainted patterns. Shaw focused on increasing the dinnerware lines and started expanding into art ware. Barbara Wesser, former 20-year South Bay resident, recalls her parents being given the entire Metlox Ivy collection by the Shaw family. She remembers growing up with the Shaw children and spending time at their family homes, one of which was in Hermosa Beach. They lived in the Hancock Park section of Los Angeles, in a beautiful, Tudor-style home, says Barbara. They also owned a house in Hermosa as a vacation home I think it was on the Strand. The Shaw family eventually moved to Palos Verdes. Later, when Barbaras parents built a home in Arcadia, they received a set of the famous Rooster dishes from the Shaws.
good-sized collection of Poppytrail Lotus pieces that she has amassed over the years. I have approximately 80-90 pieces consisting of salad/dessert plates, large and small bowls, dinner plates, buffet plates, a duck cookie jar, and gravy boats, says Robin, who first started collecting Metlox after finding six dessert plates years ago at a garage sale for $1.00. I love the fact that Metlox is such a huge part of the history of the town in which I live, and that I have a little piece of that history in my home.
LOCAL COLLECTOR
Robin Wesser, Barbaras daughter-in-law and a Manhattan Beach resident, has childhood memories of walking through Metlox with her mother. She also has a
9.07.2012 | SOUTHBAYDIGS.COM
41
FOR SALE! / 27601 palos verdes dr. east RANCHO PALOS VERDES / $1,175,000
> PRIVATE OASIS HIGH ABOVE THE DRIVE > GREAT CITY AND MOUNTAIN VIEWS > 2800 SQ FT W/ SEPARATE GUEST SUITE > 3 BEDROOMS & 2.5 baths > EXPANSIVE CAR PARK > EXTENSIVELY REMODELED IN 2009
310.293.8463
DRE# 00761109
818.601.5660 | www.JocelyneBorysDesign.com
SCROW! IN E
4 Bedrooms Hermosa Beach Townhome 3 Blocks to the Strand, West of Valley
4 Bedrooms (3+ office), 2100 Square Feet $361 per square foot = lowest $/sf on the market
Your family will love the beach location and proximity to Downtown Hermosa, the nearby swimming pool and jacuzzi, the recently updated windows and wood flooring, the spaciousness, the high ceilings and abundance of natural light.
www.InterviewShawn.com
SHAWN DUGAN
(310) 265-3428 ManOnTheStrand@gmail.com www.ManOnTheStrand.com Your Real Estate eBroker | LICENSE # 01749343
JONATHAN COLEMAN
310.991.0929 jonathancoleman1@aol.com
DRE# 00808758
42 SouthBayDigS.com|9.07.2012
featured listing
43 20TH STREET
Un ique Lo ui s iana Pl an tat ion Home on a Qui et Wal k St re e t !
4/Bed + 4.5/Bath Home 2/Bed + 1/Bath Rental 3,669 sq.ft. 40 ft. Wide South Facing Lot Spacious Finished Basement 1 Block to the Beach
BECKY DAVIDSON, ED KAMINSKY, TINA KAMINSKY, STACI BROOKS
$4,395,000
TEXT 9921 to 51151 for property address & virtual tour link
310.798.1277
EK@ItzSold.com ItzSold.com
VAC AT I O N - S TAYC AT I O N - T H E E N T I R E N AT I O N . . .
. . . loves spending time to relax and enjoy the sights and sounds of our Beach Cities. Manhattan Beach, Hermosa Beach and the western parts of Redondo Beach have continually grown in popularity as a place to vacation for a week or two and sometimes even for a month or two. What is interesting is that 10 and 20 years ago it was not a popular destination for vacations; it was small hometown area where locals lived and played. For long time locals, you can imagine their opinion of the town transforming to a destination zone as opposed to our place. Why has it become so popular so fast? One of the biggest changes of course has been the entire face of the downtown area which has converted from basic t-shirt stores, surf shops, and cheap burger/pizza joints to high-end boutique retail stores and fine restaurants. You can still find the best burger in town at Ercoles or Simmzys, but the array of restaurants and the quality has dramatically improved over the years. So, where do people stay when they come to the beach? There certainly arent any 20-story luxury hotels at our beaches. You have Shade Hotel, a luxury boutique hotel in the heart of Manhattan Beach, but it can fill up on a moments notice. Some local property owners have gotten savvy to this dilemma and have turned their personal homes into glorified hotels. They pack up their personal belongings, leave it fully furnished down to the dishes and they rent it out by the week to visitors. The potential rent can be anywhere from $1,000 a week to $10,000 a week for a luxury beach front home. The summer months are by far the most popular, as would be expected. If you own a beach-close home you can almost be guaranteed it will be rented from Memorial Day through Labor Day. Couples, families, students, and singles will book the homes all summer long in order to experience the life the locals get to enjoy 365 days a year. The most expensive and most popular rentals are those that are walking distance to the beach and walking distance to the restaurants and shops. Of course, the size of the home and its condition have a major effect on the overall price. Where do all of these people come from? The vast array of visitors come from all over the country, if not the globe. The most common we see are from New York, Arizona, Northern California, many Mid west States and some even come from as close as Los Angeles. The latest local trend is where the more fortunate get to purchase the vacation home of their dreams and use it a few weeks a year. For those that are comfortable renting it out to strangers, they let vacation rental agents rent them out when they are not using them, which often pays most of their carrying costs for maintenance taxes and mortgages, if any. An even more interesting trend is there have been multiple Local Homeowners right here from Manhattan Beach that have bought properties on The Strand in Hermosa Beach and/or Manhattan Beach. Talk about an easy commute, I used to brag about a home I used to own in Park City, Utah that was our family vacation home. The commute was a short 2 hour flight to Salt Lake City and 30 minute freeway drive. I could leave on Friday after work on Southwest Airlines and catch the 7AM flight back on Monday morning and literally be in my office by 8:30 AM. Well, that short commute brag was just beaten down. I just got back from a clients home on The Strand: he met me there on his skateboard. He commuted from Manhattan Beach to Hermosa Beach in board shorts and baseball cap. If you didnt know him you would have thought he works at the local grocery store as a bag boy. (Not that a bag boy is a bad thing, it was my first job and I loved it). It continues to surprise me how comfortably casual our beach community is and that, too, is part of the allure. So what happens when all of the summertime vacationers leave town? The vacation rental prices drop dramatically and owners clamor to get more permanent residents to take up the rest of the year. With the LA Lakers, LA Kings and LA Clippers practicing a stones throw away in El Segundo, my team often places them in some of the beautifully furnished rentals for the season. (Their season, coincidentally, runs just after Labor Day and ends right when summer begins.) They become a perfect fill until the summer visitors return. If you are a vacationer and trying to find properties like these to rent, talk with your local realtors. There are also many websites that promote vacation rentals and they are loaded with pictures, prices and options. If you are an owner and think you want to rent your home out, check with the local laws regarding rental restrictions, taxes, and other ordinances that may apply. For the right property owner, it can be very profitable, yet for others it could end up being very costly. In either case do your research and find all you can about the pros and cons of staying at, as well as owning, a vacation rental.
For local expertise feel free to call Ed Kaminsky at 310-798-1277 ext 214 or email Ed
EK@ItzSold.com
Ed Has Been Making South Bay Real Estate Happen in Summer 2012
18 NEW TRANSACTIONS! 17 MILLION IN SALES! 4 OFF MARKET DEALS!! 19 CLOSED TRANSACTIONS!! 24 MILLION IN CLOSED SALES!!! Multiple Offer Winners Represented!!!!
TEXT 9919 to 511511 for property address & virtual tour link
TEXT 9926 to 511511 for property address & virtual tour link
TEXT 9927 to 511511 for property address & virtual tour link
TEXT 9920 to 511511 for property address & virtual tour link
TEXT 9922 to 511511 for property address & virtual tour link
TEXT 9918 to 511511 for property address & virtual tour link
In this fast paced market, you cant afford missed opportunities. Call Ed today for the deepest access to the best prospects for huge gains in Real Estate.
A G LO B A L M A R K E T I N G N E T WO R K
A recognized voice of local Real Estate expertise Dedicated supporters of local charities and youth organizations Over 5,000 subscribers to Ed Kaminsky Team updates and eblasts
92% of buyers are online Property exposed to over 50 million buyers via 60+search sites ItzSold agent network with permissions to advertise our listings
COMMUNITY NETWORK
Targeted Nationwide Marketing High Net Results in 30 days or less Deep reach into a qualified pool of global investors and buyers
Inside access to luxury home buyers Exposure to executive professionals relocating to LA area National networking with top level agents in each major market
SOCIAL NETWORK
Property shared with appx. 10,000 followers within combined networks 100,000 digital media impressions per month Property announcements and features on YouTube, the 2nd largest search engine in the world
N O O T H E R C O M B I NAT I O N C O M PE T ES !
Ive spent 25 years building a network that allows me to reach every corner of the market. Exposure of your home means more than just great internet and print marketing; it means incorporating the connections & knowledge that have been built to bring YOU closer to your Real Estate goals.
310.798.1277
CALL THE TEAM WITH THE MOST COMPREHENSIVE, INFORMED MARKETING & PRICING PLAN AND ACHIEVE RESULTS, FAST!
Kevin B Pratt
kpratt@shorewood.com www.KevinBPratt.com
310.738.2348
EVERYWHERE,
Love Your Lifestyle
COMMUNICATION + SERVICE = RESULTS
www.BrittnyBurford.com
brittny burford
310.897.8228
brittny@shorewood.com SHOREWOOD REALTORS
DRE#01874928
facebook.com/brittnySBhomes twitter.com/brittnySBhomes
SIMPLE PERFECTION
310.600.7983
StottRealEstate@gmail.com www.LisaStott.com SHOREWOOD REALTORS
Lisa Stott
Steve Santos
310.488.4924
Steve@SteveSantosProperties.com
A 34-Year Resident of Manhattan Beach DRE# 01440129
9.07.2012|SouthBayDigS.com 47
s her countless satisfied clients will attest, Jane Sager has made exceptional service an art form. As one of the South Bay areas 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.
Jane Sagers seasoned perspective is your advantage when buying or selling a home.
www.JaneSager.com
W
(310) 748-0677 www.JaneSager.com
hen it comes to your real estate transaction, Jane believes its 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 dening 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.
Jane Sagers seasoned perspective is your advantage when buying or selling a home.
hen it comes to your real estate transaction, Jane believes its 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 dening 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.
9.07.2012|SouthBayDigS.com 49
$1,435,000
www.ChrisPlankHomes.com
Born and raised in Manhattan Beach.
H
BEACH CITIES AND PV AREAS AVERAGE PRICE FOR SALE vs. SOLD May 2011-July 2012
South Bay DIGS deep dives the local real estate market and explores market activity and trends as the summer comes to a close.
Residential house prices are a function of supply and demand. Market conditions can be characterized by analyzing several market factors such as the ones we list below. The data is derived from an aggregation of South Bay homes and each individual home may not have the
(The data below is not a recommendation to buy or sell real estate. Please consult your local real estate professional for further guidance on local market conditions.)
BEACH CITIES AND PV AREAS AVERAGE PRICE PER SQ.FT. May 2011-July 2012
SALE TO LIST PRICE Generally speaking, this number shows how much buyers in an area are paying for homes compared to list price. If the number is above 100%, a majority of the buyers are paying more than the asking price for the house. If the percentage number is below 100%, homes are selling at a discount of what most sellers are asking in that area, (although that doesnt mean a seller will take an offer at that price, rather market conditions are indicating discounts versus list price.)
PRICE PER SQ FOOT The price per sq foot is the list price of the home divided by the number of square feet. It may be useful in analyzing pricing trends when comparing the sale/sold prices of several homes of similar size. You should also consider what specifics features comparable properties offer, (i.e. fewer bedrooms, extra garage space, etc.) as additional property features should factor into the analysis.
BEACH CITIES AND PV AREAS NUMBER OF HOMES FOR SALE vs. NUMBER OF HOMES SOLD May 2011-July 2012
BEACH CITIES AND PV AREAS AVERAGE DAYS ON MARKET vs. SALE TO LIST PRICE PERCENTAGE May 2011-July 2012
HOMES FOR SALE versus HOMES SOLD The number of homes that are active for sale in the South Bay as compared to the number of Sold homes. Generally, if the number of homes for sale is increasing and the number of homes sold is decreasing, then more homes are sitting on the market longer and prices may face downward pressure. Conversely, if the homes for sale are selling at a higher pace than new homes coming on the market, prices may face upward pressure and move up.
DAYS ON MARKET The number of days a listing is active in the Multiple Listing Service (MLS) before it is entered into pending status. In a buyers market, the DOM may be higher because inventory may take longer to sell. In a sellers market the DOM are typically fewer.
Information reported from TrendGraphix reflect market activity for Hermosa Beach, Manhattan Beach, Palos Verdes Estates, Palos Verdes Peninsula, Rancho Palos Verdes, Redondo Beach, Rolling Hills, and Rolling Hills Estates
* All reports are published August 2012, based on data available at the end of July 2012. All reports presented are based on data supplied by the CARETS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
9.07.2012|SouthBayDigS.com 51
NUMBERS
150
HIGHEST SELLING PRICE YTD 2012 Listing Agent: Bryn Stroyke, Stroyke Properties Selling Agent: David Caskey, Shorewood Realtors
As we approach the 4th Quarter of 2012, weve compiled some interesting numbers derived from local real estate data (January - August 31st, 2012)
3.71%
Discount (Selling Price vs. Original List Price) CLOSED SALES 2012 VERSUS 5.53% DISCOUNT (Selling Price vs. Original List Price) CLOSED SALES 2011 +67 closed sales versus same time period in 2011
Homes sold at $2,000,000 or above in 2012. 60.67% of the homes sold were in Manhattan Beach & Hermosa Beach
945 7
CLOSED SALES 2012
$12,513,962
THE
$10,000,000
A total of six (6) homes are currently on the market for over $10,000,000 with average days on market at 268 days.
MARKET VALUATION OF CLOSED SALES 2012 + $70,111,830 in closed sales volume versus same time period in 2011
CLOSED SALES 2012 Average Selling Price of $7,794,852 at 105 average days on market
$1,308,217,278
*All property data taken from MRMLS Closed Sale Single Family Residence (SFR): for areas: Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates. January 1, 2012 August 31, 2012. Current properties for sale taken as of press time. Information is deemed accurate but not guaranteed.
52 SouthBayDigS.com|9.07.2012
ST RA N
SALES
CLOSED SALES 2012
January 1 August 31, 2012
North Redondo Beach 90278
CLOSED SALES 127 Versus 113 closed sales in 2011 Minimum Sales Price: $393,750 Maximum Sales Price: $1,230,000 Average Sales Price: $665,482 Average Price Per Sq Ft: $414.37 Average Discount: 1.89% (Selling Price vs. Original List Price.)
CLOSED SALES 241 Versus 234 closed sales in 2011 Minimum Sales Price: $569,900 Maximum Sales Price: $10,500,000 Average Sales Price: $1,866,963 Average Price Per Sq Ft: $671.33 Average Discount: 3.23% (Selling Price vs. Original List Price.)
CLOSED SALES 211 Versus 219 closed sales in 2011 Minimum Sales Price: $200,000 Maximum Sales Price: $5,500,000 Average Sales Price: $1,127,368 Average Price Per Sq Ft: $423.03 Average Discount: 4.16% (Selling Price vs. Original List Price.)
(ALL PROPERTY DATA TAKEN FROM MRMLS CLOSED SALE SINGLE FAMILY RESIDENCE (SFR): FOR AREAS: MANHATTAN BEACH, HERMOSA BEACH, REDONDO BEACH, PALOS VERDES ESTATES, RANCHO PALOS VERDES, ROLLING HILLS, ROLLING HILLS ESTATES. JANUARY 1, 2012 AUGUST 31, 2012.) CURRENT PROPERTIES FOR SALE TAKEN AS OF PRESS TIME. INFORMATION IS DEEMED ACCURATE BUT NOT GUARANTEED.)
9.07.2012|SouthBayDigS.com 53
Manhattan
90266
Hermosa
Redondo
Redondo
This week . . . The median single family home list price Manhattan Beach this week is $1,796,857. A total of 51 single family homes have been on the market for an average of 96 days with an average price per square foot of $634. Least expensive listing: $699,000 Most expensive listing: $22,499,000 PRICE AND VALUE: The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. The market seems to have paused around the Median price plateau and prices seem to also be settling at a similar plateau across the board. While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in the market, larger homes are coming more available and buyers are tending to get more home for their money.
CHARACTERISTICS PER QUARTILE:
Most Expensive 25% of Homes: Median price: $3,899,000 Median Sq.Ft: 3,970 Total Inventory: 23 Median Age: 20 Avg. Days on Market: 201 Upper-Middle 25% of homes: Median price: $1,999,000 Median Sq.Ft: 3,200 Total Inventory: 24 Median Age: 10 Avg. Days on Market: 87 Lower-Middle 25% of homes: Median price: $1,455,000 Median Sq.Ft: 2,782 Total Inventory: 24 Median Age: 30 Avg. Days on Market: 63 Least expensive 25% of homes: Median price: $832,000 Median Sq.Ft: 1,320 Total Inventory: 24 Median Age: 59 Avg. Days on Market: 135 32% of Homes for Sale have had a price decrease 9 properties were absorbed this week (sold or taken off market.)
Most Expensive 25% of Homes: Median price: $4,975,000 Median Sq.F.: 3,375 Total Inventory: 9 Median Age: 10 Avg. Days on Market: 113 Upper-Middle 25% of homes: Median price: $1,839,000 Median Sq.Ft: 3,211 Total Inventory: 9 Median Age: 11 Avg. Days on Market: 129 Lower-Middle 25% of homes: Median price: $1,199,000 Median Sq.Ft: 1,900 Total Inventory: 9 Median Age: 37 Avg. Days on Market: 159 Least expensive 25% of homes: Median price: $825,000 Median Sq.Ft: 1,560 Total Inventory: 9 Median Age: 56 Avg. Days on Market: 154 28% of Homes for Sale have had a price decrease 3 properties were absorbed this week (sold or taken off market.)
Most Expensive 25% of Homes: Median price: $1,899,000 Median Sq.Ft.: 3,817 Total Inventory: 13 Median Age: 17 Avg. Days on Market: 268 Upper-Middle 25% of homes: Median price: $1,299,000 Median Sq.Ft.: 3,365 Total Inventory: 13 Median Age: 22 Avg. Days on Market: 147 Lower-Middle 25% of homes: Median price: $888,000 Median Sq.Ft.: 1,824 Total Inventory: 13 Median Age: 59 Avg. Days on Market: 65 Least expensive 25% of homes: Median price: $599,000 Median Sq.Ft.: 1,063 Total Inventory: 13 Median Age: 76 Avg. Days on Market: 139 25% of Homes for Sale have had a price decrease 7 properties were absorbed this week (sold or taken off market.)
Most Expensive 25% of Homes: Median price: $1,050,000 Median Sq.Ft.: 2,920 Total Inventory: 13 Median Age: 31 Avg. Days on Market: 79 Upper-Middle 25% of homes: Median price: $754,900 Median Sq.Ft.: 1,922 Total Inventory: 13 Median Age: 21 Avg. Days on Market: 67 Lower-Middle 25% of homes: Median price: $612,000 Median Sq.Ft.: 1,129 Total Inventory: 14 Median Age: 59 Avg. Days on Market: 203 Least expensive 25% of homes: Median price: $474,500 Median Sq.Ft.: 1,032 Total Inventory: 14 Median Age: 60 Avg. Days on Market: 179 20% of Homes for Sale have had a price decrease 5 properties were absorbed this week (sold or taken off market.)
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SOUTHBAYDIGS.COM | 9.07.2012
REAL ESTATE DATA PROVIDED BY ALTOS RESEARCH LLC. ALL INFORMATION CONTAINED ABOVE & HERIN IS BASED ON PROPERTIES CURRENTLY LISTED FOR SSALE AND AVAILABLE PUBLICALLY. THE DATA PRESENTED IN THIS REPORT IS ACCURATE TO THE BEST OF OUR KNOWLEDGE, BUT CANNOT BE GUARANTEED AS SUCH. REPORTING DATED SEPTEMBER 3RD, 2012. NOTHING IN THIS REPORT OR ANY OTHER REPORT IN THIS MAGAZINE IS A RECOMMENDATION TO BUY OR SELL REAL ESTATE.
Estates Verdes
90274 90275
This week . . . The median single family home list price in Palos Verdes Estates this week is $2,050,000. A total of 41 homes have been on the market for an average of 173 days with an average price per square foot of $576. Least expensive listing: $1,089,000 Most expensive listing: $10,500,000 PRICE AND VALUE: Supply and demand has the market pointing towards a slight slowing trend, with prices and inventory levels both relatively unchanged in recent weeks. Prices across the quartiles are holding at a steady plateau, although the market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as theyre doing now, you can often find short-term investment opportunities. This week . . . The median single family home list price in Rancho Palos Verdes this week is $1,149,500. A total of 87 single family homes have been on the market for an average of 124 days with an average price per square foot of $447. Least expensive listing: $699,000 Most expensive listing: $12,500,000 PRICE AND VALUE: Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to Days on Market trends to gauge whether buyer interest is changing with the available supply.
Palos Verdes
Rancho Palos
Hills
90277
This week . . . The median single family home list price in Rolling Hills this week is $3,850,000. A total of 18 homes have been on the market for an average of 140 days with an average price per square foot of $780. Least expensive listing: $968,200 Most expensive listing: $10,990,000 PRICE AND VALUE: This week prices bumped up a bit but the trend of recent weeks is generally downward. Inventory has been relatively steady in recent weeks. Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that theres a portion of the market being priced at a premium.
Rolling
Estates
90274
This week . . . The median single family home list price in Rolling Hills Estates this week is $1,495,000. A total of 22 homes have been on the market for an average of 84 days with an average price per square foot of $524. Least expensive listing: $795,000 Most expensive listing: $2,799,000 PRICE AND VALUE: The market appears to be placing an increasing premium on homes, as the median price is relatively close to the markets price high point. Given current inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse. When list prices and price per square foot consistently increase in tandem, as theyre doing now, you can often find short-term investment opportunities.
Rolling Hills
Most Expensive 25% of Homes: Median price: $4,950,000 Median Sq.Ft.: 5,754 Total Inventory: 11 Median Age: 18 Avg. Days on Market: 226 Upper-Middle 25% of homes: Median price: $2,494,500 Median Sq.Ft.: 4,455 Total Inventory: 12 Median Age: 30 Avg. Days on Market: 133 Lower-Middle 25% of homes: Median price: $1,587,000 Median Sq.Ft.: 2,982 Total Inventory: 12 Median Age: 40 Avg. Days on Market: 134 Least expensive 25% of homes: Median price: $1,279,500 Median Sq.Ft.: 2,299 Total Inventory: 12 Median Age: 50 Avg. Days on Market: 63 32% of Homes for Sale have had a price decrease 4 properties were absorbed this week (sold or taken off market.)
Most Expensive 25% of Homes: Median price: $2,325,000 Median Sq.Ft: 4,397 Total Inventory: 32 Median Age: 17 Avg. Days on Market: 253 Upper-Middle 25% of homes: Median price: $1,342,500 Median Sq.Ft: 2,790 Total Inventory: 32 Median Age: 46 Avg. Days on Market: 104 Lower-Middle 25% of homes: Median price: $1,014,500 Median Sq.Ft: 2,374 Total Inventory: 32 Median Age: 48 Avg. Days on Market: 111 Least expensive 25% of homes: Median price: $814,350 Median Sq.Ft: 1,808 Total Inventory: 32 Median Age: 52 Avg. Days on Market: 143 36% of Homes for Sale have had a price decrease 8 properties were absorbed this week (sold or taken off market.)
Most Expensive 25% of Homes: Median price: $6,300,000 Median Sq.Ft: 11,996 Total Inventory: 5 Median Age: 29 Avg. Days on Market: 195 Upper-Middle 25% of homes: Median price: $4,299,000 Median Sq.Ft: 4,724 Total Inventory: 5 Median Age: 49 Avg. Days on Market: 103 Lower-Middle 25% of homes: Median price: $3,495,000 Median Sq.Ft: 4,294 Total Inventory: 5 Median Age: 35 Avg. Days on Market: 90 Least expensive 25% of homes: Median price: $3,100,000 Median Sq.Ft: 4,818 Total Inventory: 5 Median Age: 47 Avg. Days on Market: 89 55% of Homes for Sale have had a price decrease 2 properties were absorbed this week (sold or taken off market.)
Most Expensive 25% of Homes: Median price: $1,899,000 Median Sq.Ft: 4,142 Total Inventory: 6 Median Age: 33 Avg. Days on Market: 51 Upper-Middle 25% of homes: Median price: $1,624,500 Median Sq.Ft: 3,115 Total Inventory: 6 Median Age: 49 Avg. Days on Market: 88 Lower-Middle 25% of homes: Median price: $1,395,000 Median Sq.Ft: 2,453 Total Inventory: 6 Median Age: 52 Avg. Days on Market: 148 Least expensive 25% of homes: Median price: $899,000 Median Sq.Ft: 1,714 Total Inventory: 7 Median Age: 56 Avg. Days on Market: 51 44% of Homes for Sale have had a price decrease NO properties were absorbed this week (sold or taken off market.)
9.07.2012 | SOUTHBAYDIGS.COM
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56 SouthBayDigS.com|9.07.2012
MY WORK IS MY PLAY . . . BUYING & SELLING AT THE BEACH DOESNT GET ANY BETTER THAN THAT.
Custom Designed Ultra contemporary view home 1326 West 36th street, san pedro
Custom Designed Ultra Contemporary VIEW Home Spectacular Catalina & Coastal View 4 Bedrooms, 3 Baths Approx. 3,744 sq. ft. on 6,436 sq. ft. lot Tri-Level Cathedral Ceilings Open & Spacious 3-Car Garage plus Workshop
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310.200.3037
alison@alisonISrealestate.com alisonISrealestate.com alisonsglobalrealestate.com
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310.980.3426
310-756-8949 310-404-5361
www.HHCRealEstate.Com
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Jack McSweeney
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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
9.07.2012|SouthBayDigS.com 57
T ER R I D U NN
BEACH CITIES | RESIDENTIAL | INCOME
www.1208Magnolia.com
Paul Kerza
310.696.9732 | Paul@PaulKerza.com www.PaulKerza.com
terri@terridunn.com
RE License # 01097063
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58 SouthBayDigS.com|9.07.2012
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Lenny LaRocca
Shorewood Realtors Business Professional/Realtor
$1,749,000
CALL OR EMAIL FOR DETAILS
walt spadone
310.345.7350
WSpadone@gmail.com Beach Homes Development
www.BeachHomesDevelopment.com
310.698.6444 x1
www.LaRoccaRealEstate.com LennyLaRocca@gmail.com
CSLB# 967329
I have a ready willing Buyer looking for single level 3 bedroom+ single family home up to $1,600,000 in PV Estates.
Buyer looking for ocean view PV Estates home up to $2,000,000. Buyer looking for sand section or tree section MB up to $2,000,000 needs good floor plan for two young children
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EXECUTIVE FURNISHED RENTALS IN MANHATTAN BEACH, HERMOSA BEACH AND REDONDO BEACH!!! Robert Reyes
310-308-8778
DRE 01042444
SunnyCaliforniaVacationRentals.com
Robert Reyes
BeachForSale@yahoo.com
coming soon
offered by 711 Main Street, LLC
We are just getting under way on our beautiful four unit project in El Segundo that will offer 3 bedroom homes in the very desirable downtown location for under $800,000! Walk to downtown! Prime location! We are looking for properties and lots of all kinds, properties to be developed, income units, and homes of all styles and sizes to fill our lack of inventory!
310-308-8778
KEVIN NOLAN
KevinNolanHomes@gmail.com
310-993-7823
Investment opportunities, all with a high rate of return. Secured by local Real Estate.
DRE 01042444 Call, email or text us anytime. Were happy to give you a property value and estimate right away.
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TAYA ASIMOS
310.431.8251 | Taya@HermosaLiving.com
www.HermosaLiving.com
DRE 01751317
[photo of Julian Romar Berzon-Castrillon courtesy of Julie Berzon on behalf of NW Real Estate in Hermosa Beach]
LOCAL NUGGETS
Mama TERANO
BY QUINN ROBERTS
If youre curious as to where chef Robert Bell got the inspiration for the name and menu at Mama Terano restaurant in Rolling Hills Estates, look no further then its walls. There youll see a picture of his grandparents, more importantly his grandmother Millie Terano, easily the person whos had the biggest impact on Bells culinary career. Growing up in my grandmothers kitchen in Brooklyn, I learned from the beginning that it was all about food, Bell said. Having good ingredients is important and I still believe that today. Opening its doors in October 2010 at 815 Deep Valley Drive, Mama Teranos has become a hot spot on the hill for Italian cuisine because of its authentic menu and casual atmosphere. While about 50 percent of the menu is built around dishes that Millie Terano made in that Brooklyn kitchen, the other half were created by Bell and partner Steve Riley, who believe in the idea that only a few ingredients are necessary to create flavorful dishes. With a wide variety of choices on the menu, Mama Terano has still left room for many Italian classics like linguine carbonara ($13), eggplant parmesan ($12) and spumoni ($10). However, the restaurant has also created many one-of-a-kind dishes, including: fennel and orange salad with arugula, avocado and pistachio ($10), balsamic glazed pork spare ribs with smashed potatoes and peas ($15) and pan With its weekly blackboard specials always a big hit with customers, Mama Terano also offers a large wine list, full of choices from across Italy. Some of the highlights include: Vignavecchia Chianti Classico from Chianti, Montezovo Valpolicella Ripasso from Verona and Villa Matilde Greco Di Tufo from Campania. Open for lunch and dinner Monday through Saturday, the restaurant also offers a Sunday supper that is $20 per person and includes an antipasti, pasta, salad, two courses of fish or meat and dessert. If it wasnt for my grandmother, Im not sure I would have been so interested in food, Bell said. She changed my life.
Visit www.MamaTerano.com to view full menu.
roasted butterfish with orange, olive, mint-radicchio, frisee and potato ($16). Nothing is better than Italian food, Bell said. Italians have such a passion for food and that is something that I got from my grandmother and it continues to live on in the recipes and food I create.
Italians have such a passion for food & that is something that I got from my grandmother & it continues to live on in the recipes and food I create.
62
SOUTHBAYDIGS.COM | 9.07.2012
IN VI FIN EW ITY S!
CHRIS FITZPATRICK
Broker/Owner
paclandcor@aol.com A reputation for excellent service|SouthBayDigS.com 63 8.24.2012 in the exclusive marketing and sales of luxury properties.
310-519-0155
H E R M O S A B E AC H 950 ARTESIA BLVD. E L S EGU N D O 431 MAIN ST. MAN HAT TAN B E AC H 917 MANHATTAN BEACH BLVD. MAN HAT TAN B E AC H 3300 HIGHLAND AVE. PALO S V E R D ES ES TAT ES 16 MALAGA COVE R E D O N D O B E AC H 1009 TORRANCE BLVD.
64 SouthBayDigS.com|9.07.2012
$4,749,000
112 20th St., Manhattan Beach Brokers Open Fri, September 7 Public Open Sat/Sun, 2-4
Professional Real Estate Services. Serving the South Bay Since 1990
LIZABETH WALKER
310.318.5200
dre#00680977
Nice Kitchen with Sit Down Bar open to Dining Room Beyond
Redondo Beach Palos Verdes Estates 1009 Torrance Blvd. 16 Malaga Cove 310.316.8464 310.698.1555 9.07.2012|SouthBayDigS.com 65
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INCOME PROPERTIES
Services Offered:
Exclusive, Luxury Rentals for an Elite Clientele New to the Area Relocation Services Customized Property Management of Your Rental Property or Vacation Rental Short or Long Term Leases & Vacation Rental Services Tenant Searches, Open Houses, Credit Checks, & Regular Maintenance Full Time, Licensed Leasing Specialist Superb Customer Service for Landlords & Tenants Advertising of Your Listing in several local, national & international outlets
Call Amie Shepard in our Luxury Lease Department for more information at 310-697-8732 or email Amie@CoastalLuxuryLiving.com
GerardBisignano
gerard@coastalluxuryliving.com www.coastalluxuryliving.com
GB
OFFERED AT $869,000
OFFERED AT $1,350,000
www.aporproperties.com kevin.apor@peninsulasir.com
310-346-4256
Kevin Apor
CALL NOW FOR A COMPREHENSIVE LIST OF SOUTH BAY INCOME PROPERTIES ON THE MARKET
OFFERED AT $639,000
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9.07.2012|SouthBayDigS.com 67
Love, hope, success, family, security. hope, Love, success, family, security.
Theres nobody like me to protect the things we all value. Like a good neighbor, State Farm is there. Snyder Ins and Fin Svcs Inc ME TODAY. things we all have in common. Some CALL
Cynthia T Snyder, Agent Insurance Lic#: 0G40480 Bus: 310-546-7803 Theres nobody like cynthia@cynthiasnyder.com
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Snyder Ins and Fin Svcs Inc Agent Lic#: 0G40480 1417 N. Sepulveda Blvd., Manhattan Beach, CA 90266 Bus: 310-546-7803 | cynthia@cynthiasnyder.com
State Farm, Home Office, Bloomington, IL Cynthia T Snyder,
1101022
FEATURED PROPERTY!
Katnik Properties 310-374-8148
SCOPE 2012
INNOVATING COMMERCIAL
DRE #01462843
PC
SEA BREEZE PLAZA
1926 S. PCH 109-A S. RB
PARKER REALTY/BROKER OWNER
gene riehlE
310-328-5016
www.DurationPlumbing.com
LIC. 663227 INSURED
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Respected by some of the best agents in the community. Serving South Bay homeowners and Real Estate agents since 1993.
68 SouthBayDigS.com|9.07.2012
UP PR CO OJ MI EC NG T
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BOB SALIM
9.07.2012|SouthBayDigS.com 69
Presented by
palos verdes office manhattan beach office 310.698.4545 310.379.2167
ITALIAN VILLA WITH UNOBSTRUCTED PANORAMIC VIEWS OF THE OCEAN AND QUEENS NECKLACE
Villa LaBarba sits upon a spectacular site on PV Peninsula with 180 degree ocean views. 5 bedroom, 9.5 bath, 11,346 SF of living space all on a usable lot of 1.12 acres. Massive custom gates down a private driveway reveal The Palladian inspired Italian villa sitting within lush gardens w/ a water course, Venetian fountains, hundreds of palm trees, over 1,000 roses, more than a dozen citrus trees and a working vineyard. The creators of Villa LaBarba envisioned an Italian Palazzo handed down through a family between the 15th and 19th centuries but with all the modern conveniences. The owners asked the architectural firm of Edward Carson Beall & Associates to include their ideas from 25 years of world travel, inspired by the best of European classic architecture. Within the Palladian faade, the Villas walls, ceilings & floors are executed in murals, mosaics, gilt & faux finishes & classic Italian marbles. Floor plans facilitate entertaining on a grand or cozy scale & include many rooms that can be re-purposed. Highlights include a 2 story pantry/kitchen, paneled library w/ secret door, wine cellar, an elevator & dumbwaiter, a two story great hall & large master suite. Located minutes away from Terranea Resort and Trump National Golf Course.
$12,500,000
70 SouthBayDigS.com|9.07.2012
REDONDO BEACH
Rare opportunity to own this Beachfront Penthouse condo! This pristine and spotless one level penthouse has been recently remodeled. Features 2 bedrooms and 2.5 baths, 2,509 SF of living space, a very open floorplan with formal living, family room with a wet bar and fridge. Kitchen has stainless steel appliances with a breakfast eat area. Separate dining area that flows into the kitchen. Designer finishes throughout. Other features include inside laundry area and 2 parking spaces. Located right at the beach and close to Riviera shops and restaurants.
$1,899,000
RajuSells
REDONDO BEACH
Beachfront Spanish / Mediterranean Home Enjoy spectacular views of the Queens Necklace
Santa Monica Bay, ocean and white water views from this gorgeous 9,200 SF, 5 bedroom and 7.5 bath home w/ separate maid quarters & a paneled study/office . Situated right on the Ocean w/ only steps to the Beach & a short walk to the Redondo Pier. Beautiful entry hall boasts a 7.5 ft Murano glass chandelier which leads into the formal living, dining, family & dining room. Gourmet kitchen w/ top of the line appliance - 3 baking ovens, 2 warming ovens & 2 microwaves, 3 sinks, 2 subzeroes, 6 burner range and griddle and 2 dishwashers! Grand marble staircase leading upstairs. The Master bedroom has a deck w/ 180 degree view of the ocean & city and a large 400 SF. closet. There is also a 20 x 16 atrium with skylight; a game room that leads out a large ground level deck complete w/ a fire-pit perfect for entertaining! Other special features include 25 hand carved interior doors, 7 decks -3 with 180 degree ocean views, 8-car garage , elevator, indoor fountain, 8 fireplaces, intercom & security system w/ cameras/music (radio, CD/IPOD wired) throughout & central vac. Maids quarters and office/study could be 6th & 7th bedroom. All of this located on a 7,458 SF lot!
$10,000,000
310.698.4545 310.379.2167
A An $90 PPR nu K OX al Gr . In os co s me !
REDONDO BEACH
Large 13,077 SF lot, 5 BD / 4.5 BA; 4,600 SF of living space Spacious Kitchen with a Butcher Block center Island & Patio in the back & private park like backyard
Kitchen with eating area overlooking Ocean Views Pool, 3 car garage, Situated on a 1.13 acre lot
$4,999,000
$2,999,000
$2,399,000
MANHATTAN BEACH
SAN PEDRO
$2,299,000
Custom built 5BD / 7BA with 5,328 SF of living space on a 30,250 SF lot Elegant entry with 40 high ceilings, marble floors, grand spiral staircase 2 master bedrooms, large balcony & family room upstairs Plenty of room to add a pool or barn
5 BD / 4.5 BA with 3,200 SF of living space Open floor plan with private backyard tub with separate
Mediterranean style with designer finishes throughout Master bathroom with his & hers vanities and a jetted
Large great room with formal living room and dining area
$2,199,000
$1,999,000
REDONDO BEACH
MANHATTAN BEACH
Brand New beautiful Mediterranean style custom 5 BD / 4.5 BA with 3,200 SF of living space Gorgeous designer finishes & touches throughout
$1,899,000
$1,799,900
$1,699,000
9.07.2012|SouthBayDigS.com 73
$5,300,000
$3,099,000
$1,399,000
$1,269,000
$2,499,000
$10,500,000
$1,650,000
$9,900,000
DARIN DeRENZIS
Direct: (310) 418-6210
darin.derenzis@peninsulasir.com DRE# 01760239
KITTY EDLER
Direct: (310) 283-8790
kitty.edler@peninsulasir.com DRE# 00800837
RICK EDLER
Direct: (310) 872-4333
rick.edler@peninsulasir.com DRE# 01113145
TOTAL TRANSPARENC Y
With the rates that we offer, there is nothing to hide. We provide our clients honest answers, sound advice and exclusive programs.
Recent Client Testimonial: I contacted Regan after seeing an ad in the South Bay Digs Magazine with a goal of refinancing. We spoke at length regarding the intricacies of my situation. Regan spent extended time with me during numerous phone conversations and proved his deep knowledge of various products and the industry. I spoke to other mortgage professionals and they either didnt have a solution for my situation, or they promised me things that I could tell were either false or sounded fishy. Regan even took these in stride and his integrity and solution was proven in the end. The closing went smooth and I couldnt be happier. Mark - Redondo Beach
Welcome to Watermark:
Transparency and solutions are the foundation of my success, and I promise both to each and every client. While other lenders focus on feel good services, I focus on the financing. In an industry that hasnt had a great reputation over the past few years, I take pride in knowing that Ive gained the trust and respect of my clients. In todays market the most important thing when obtaining a home loan is the mortgage professional you work with and the resources that they have at their disposal. Whether you have a simple conventional purchase, or a complex Jumbo transaction, feel free to call me at anytime and find out why Watermark is right for you.
EXCEPTIONAL rates
We encourage you to compare our interest rates and programs with other local lenders. Then call us to experience the difference in service.
www.RuthandRaine.com
S PA N I S H E S TAT E I N E XC L U S I V E G AT E D C I T Y
Incredible does not begin to describe this authentic Spanish home with Panoramic coastline and city views.
Situated on a FIVE acre promontory and utilizing materials such as 100 year old French roof tiles for kitchen flooring (youve got to see this!), hand distressed walnut floors and bronzo stone counters. Completed only 3 years ago, this 5 bedroom 8 bath private estate also features a guest house, wine room, music room and beyond state-of-the-art entertainment area. Indicative of the special features considered when constructing this masterpiece, the master suite features its own private patio with outdoor fireplace and spa.
$10,500,000
www.8PossumRidge.com
kw
BILL RUTH
keller williams palos verdes
CHARLIE RAINE
Re/Max Palos Verdes
BRENT TALBOT
Shorewood Realtors
310.621.2885
Bill@RuthandRaine.com DRE #01047519
310.377.4932
Charlie@RuthandRaine.com DRE #00982925
310.780.1631
BrentTalbot@yahoo.com DRE #01272836
WWW.C21UNION.COM
TORRANCE - 4993
MOVE-IN READY TOWNHOUSE IN PRESTIGIOUS CHAtelaine Gated community. Best priced unit.
$1,850,000
$545,000
$579,500
$1,660,000
TORRANCE - 4988
CLEAN & BRIGHT HOME WITH GREAT FLOORPLAN!
TORRANCE - 4773
Great Restaurant Opportunity Great Location in s. Torrance
$1,299,000
$418,000
$510,000
$180,000
FREE
BUYERS SEMINAR
6:30-7:30PM AUGUST 23 SEPT 6TH OCT. 4 & 18 PLEASE CALL TO RSVP (310) 316-0909 HARBOR PINES - 4999
LARGE FAMILY HOmE WITH A POOL AND GUEST QUARTERS
Brandie Carlos Director of Marketing & Recruiting We are proud to Welcome Brandie to the C21 Union Family, and we feel confident that she can provide a top-notch industry leading marketing & recruitment division.
$475,000
LICENSING COURSE
$179.00 GUARANTEED TO PASS! DOUBLE YOUR INCOME! CALL RAY 310.793.3311 OR STEVE 310.316.0909
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SERVING THE SOUTH BAY FOR OVER 30 YEARS
310.371.6330 310.978.2121
9.07.2012|SouthBayDigS.com 79
HAWTHORNE CA
JUST LISTED!
A Pleasant Surprise
Excellent curb appeal, dramatic entry way with two story high ceilings, elegantly appointed living and dining room for entertaining. Modern kitchen with Intimate breakfast room overlooks the resort- like backyard. Stainless steel appliances. 5 bedroom, 3.5 baths. 3,742 sq.ft. Huge master suite with sitting area, walk-in closets. Master bedroom is located on the main level and it is separated from rest of the bedrooms for privacy. Huge back yard with pool, spa, grassy lawn, patio sitting area. Deep lot 11,022 sq.ft. 3 car garage. Walk to park, middle school. Convenient location. Priced to sell!
$1,650,000
$2,490,000
DRE # 01729186
Wendysun
Broker Associate wendysun@msn.com
310.544.7301
manhattanbeachstrandproperties.com
foreclosedincomeproperties.com
newhomesbeverlyhills.com
foreclosuresforbuyers.com
newhomespalosverdes.com
newhomessouthbay.com
hermosabeachincomeproperties.com
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redondobeachfirsttimebuyer.com
newhomeshermosa.com manhattanbeachinvestments.com
Dean Thomas
deanthomasrealestate.com
Rick Thomas
rickthomasrealestate.com
Daniel Cruz
danielcruzrealestate.com
Susan Earnest
susanearnestrealestate.com
Eric Conrad
ericconradrealestate.com
CRS, GRI, SRS, e-PRO SRES, CDPE, Green Certified Certified Luxury Home Marketing Specialist
2012 SALES
EXPERIENCED. DEDICATED. PASSIONATE. CREATIVE. THOROUGH.
W W W.CINDYSHEARIN.COM
mattmorrisdevelopment.com 310.546.4300
the
possibilities...
Imagine
Create a legacy for generations to come. This nearly 400-acre property features endless development possibilities for polo, family recreation, and resort-style residences. Develop a Millionaires Playground in the scenic Lake Hughes area of Los Angeles. The 395acre property is comprised of an 18 hole golf course, 113 space full hook-up RV park, onsite restaurant, Pro Shop, tennis & basketball courts, childrens playground and swimming pools. The property backs up to Angeles National Forest land on the south border and provides access to 10,000+ acres of public National Forest Land, with direct access to the Grass Mountain summit trail, Pacific Crest Trail, and trails for ATVs, horseback riding, mountain biking and hiking. This bank owned recreation area is the perfect legacy property to enjoy with friends and family.
Listed at $8,500,000
www.LosAngelesHideaway.com
Gerard Bisignano
Cell: 310-990-4727 | Office: 310-376-6004 Gerard@CoastalLuxuryLiving.com www.CoastalLuxuryLiving.com
Close your eyes and picture your dream home. Your personality, your style, and your unique way of life infused into every facet of your new home. A vision of luxury, functionality and comfort, your home should be nothing short of excellence because you deserve the very best. We specialize in:
Construction Management Site Plan & Lot Orientation Custom Home Design Green Living & Eco-Friendly Concepts Landscape & Outdoor Lifestyle Remodels & Renovations
GerardBisignano
GB
Contact me for more information on off-market Strand and Walk Street homes.
www.CoastalLuxuryLiving.com
MARKETING THE FINEST COASTAL LUXURY ESTATES AND HOMES
$6,300,000
$6,300,000
RE JU DU ST CE D! SU OPE N N 24
$4,975,000
LE FOR AS E!
$3,495,000
$2,199,000
$1,699,500
ALSO Available for Lease $6,950 per Month
LiveInHollywoodRiviera.com
Your Number 1 Realtor in the Hollywood Riviera Top 4 realtor For All of ReMax Palos Verdes Realty in 2011
Offered at: $499,000
www.5924SouthPCH8.com
www.635PaseoDeLaPlaya.com
www.340ViaColusa.com
www.3816Bluff.com
www.4717Macafee.com
# 1 Realtor in Sales Volume in the Hollywood Riviera in 2010 #1 Realtor in the Hollywood Riviera for 6 out of the last 9 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
In Es cr ow
Igor Nastaskin
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