July 2017

Luxury Apartment Living in the South Bay of Los Angeles

By | July 27th, 2017|Front Page, Income Property, Lifestyle in the Beach Cities, Los Angeles coastal income property, Palos Verdes|

I have a client who is in the market to invest approximately $5MM in real estate. He is selling a commercial building and wants to roll the proceeds over into another property. Simple enough. The dilemma he faces is where to make a long term investment that will require minimum management but provide a decent return on investment. Retail seems like a high-risk venture with the disruption online shopping is creating in the industry. Will gas stations become a thing of the past as the 21st-century advances? As the economic climate changes so do an investors' goals and guidelines. One [...]

June 2016

The Beaches of Palos Verdes and the Beach Cities

By | June 20th, 2016|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in Palos Verdes, Lifestyle in the Beach Cities|

It's hot here in the Greater Los Angeles area, and per a bevy of weather forecasters, the thermometer is going to reach new heights today. With that in mind, I thought you might like to see a few photos of the beaches (and a few rocky coastlines) of the South Bay of Los Angeles. Private Beach in Rancho Palos Verdes--residency or membership required.     Not much sand here, but look at that whitewater along the Palos Verdes coastline.     What could be better than an evening stroll to escape the heat and enjoy [...]

Hollywood Riviera Homes For Sale

By | June 17th, 2016|Beach Cities, Buyer Tip, Front Page, Hollywood Riviera, Lifestyle in the Beach Cities|

Luxury homes in the Hollywood Riviera Neighborhood The Hollywood Riviera neighborhood is adjacent to the Palos Verdes Peninsula and is blessed with incredible ocean views (and breezes) due to its similar hilly topography.  It is no wonder there are always buyers who want to purchase a home in the Hollywood Riviera due to its proximity to Torrance Beach.  For some buyers, Palos Verdes is too isolated not to mention too pricey! Hollywood Riviera is primarily single family homes, but there are a few condo complexes as well.  Yesterday, Josh and I previewed homes in the Hollywood Riviera as [...]

November 2015

Redondo Beach CA Luxury Listings and Sales–November 2015

By | November 13th, 2015|Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Redondo Beach|

Redondo Beach, California is one of the three beach towns in the South Bay of Los Angeles commonly referred to as "The Beach Cities."  The coastal location offers many residences with stunning ocean views.  The ability to walk out your door and feel the sand beneath your toes is a reality for many Redondo Beach residents.  The pull of living the coastal lifestyle attracts many buyers to the area. When it comes to luxury homes in Redondo Beach most are located in the coastal zone close to the water.  There are currently seven Redondo Beach luxury homes priced at or [...]

Manhattan Beach CA Luxury Listings and Sales–November 2015

By | November 13th, 2015|Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Manhattan Beach, Manhattan Beach Luxury Homes|

Nine luxury homes priced at or above $3,000,000 sold during the month of October 2015 in Manhattan Beach.  Seven of those properties were located in the Sand Section. Nine Manhattan Beach luxury homes in the three million dollar and up price range are in escrow with accepted offers. 37 Manhattan Beach luxury residences are currently for sale in the $3,000,000+ price range. The Manhattan Beach luxury home market is moving toward a more neutral zone favoring neither sellers nor buyers--a neutral market is a stable market and that's good for sellers as well as buyers. For more information on the [...]

October 2015

Redondo Beach Luxury Listings and Sales–October 2015

By | October 17th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Redondo Beach|

The "feel" on the street by those of us working in the real estate field on a daily basis is the market is slowing down and losing a bit of steam after three strong comeback years.  The results of my research on recent activity in the Redondo Beach, CA luxury home market supports and converts the feeling into fact. There are currently three Redondo Beach luxury homes priced at or over $3,000,000 for sale.  There are no Redondo Beach high-end luxury homes currently in escrow and no closed sales in the over $3M price range for the month of September. [...]

Hermosa Beach Luxury Listings and Sales–October 2015

By | October 17th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Hermosa Beach, Hermosa Beach Luxury Homes, Lifestyle in the Beach Cities|

Three Hermosa Beach luxury properties priced at or above $3,000,000 sold during September 2015.  The most expensive sale for the month was a Strand property sold for "lot value" at $8,100,000.  Yes, a spot on the sand along The Strand is costly. There are currently four Hermosa Beach luxury residences in escrow with accepted offers.  Three of the properties are single family homes, one is a townhouse. There are 13 luxury homes for sale in Hermosa Beach as of Oct. 17, 2015.  One of the properties for sale is a townhouse, one is a condo, the rest are single family [...]

Manhattan Beach Luxury Listings and Sales–October 2015

By | October 15th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Los Angeles, Manhattan Beach, Manhattan Beach Luxury Homes|

Here's an update on luxury homes priced at or above $3,000,000 in Manhattan Beach, CA.   3 Manhattan Beach luxury homes sold during September 2015.  All three were single family detached homes. 8 Manhattan Beach luxury homes are in escrow with accepted offers. 43 Manhattan Beach luxury homes are currently for sale. The luxury market in Manhattan Beach has cooled in recent months.  A quick glance at the available inventory and absorption rate reveal a five month supply of homes.  This moves the luxury home market in Manhattan Beach into neutral territory after several years of being firmly entrenched in [...]

July 2015

Redondo Beach Luxury Homes For Sale and Sold–July 2015

By | July 17th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Lifestyle in the Beach Cities, Redondo Beach, Seller Tip|

I heard my first "Back to School" commercial yesterday--must mean summer of 2015 is waning, although the local South Bay real estate market seems to still be moving at its springtime pace. Per a news report broadcast last evening, Los Angeles County real estate prices are up over 8% from one year ago.  Sounds about right based on what this broker is seeing from my vantage point in the trenches. As you may recall, last month I adjusted my definition of luxury properties upward.  It may be difficult to comprehend but a $2,000,000 house is more the norm than a [...]

Hermosa Beach CA Luxury Properties Market Report Update July 2015

By | July 13th, 2015|Beach Cities, Beach Cities Luxury, Buyer Tip, Hermosa Beach, Hermosa Beach Luxury Homes, Lifestyle in the Beach Cities, Los Angeles Luxury Homes, Sand Section, Seller Tip|

Manhattan, NYC celebrated its noted Mahattanhenge event (those rare summer solstice days when the sun aligns with the east-west street grid) with a huge street party.  Catching a glimpse of the setting sun is not easy deep in the heart of Manhattan.  Quite the opposite is true in Hermosa Beach, CA.  The sunset over the Pacific Ocean is a sight to behold most evenings throughout the year. There's truly something magical about twilight along the California coast.  The colors, the light, the salt water smell in the air where sand meets surf are a nightly treat for the senses and [...]