The local real estate market has been booming the past couple of years, and 2017 was no exception. With 107 closed sales in Hermosa Beach and an average closed price of $2,742,197, there was a total of 11 single-family homes with closed sales over $5 million or more.
Pacific Union International Los Angeles is the eighth-largest real estate broker in the U.S., rebrands three independently-owned brokerages and recently acquired by Compass in huge deal.
Crafted in 2005 by notable South Bay high-end custom builders Mike Zivec and Rick Farnham, the three-level home features more than 3,000 square feet of finely-honed living space highlighted by vaulted beamed ceilings, custom stonework, designer lighting, and rich, wide-plank hardwood flooring throughout.
With lots of nervousness, it turns out. According to a realtor.com® survey completed earlier this week, Americans are anxious about the tax bill’s potential effects on homeownership—and might even consider changing their plans to buy or sell a home. In an online survey of 2,324 randomly selected respondents across the U.S., a majority reported that the tax bill makes them either “concerned” (36.2%) or “very concerned” (17.2%) about being a homeowner. Put another way, less than a quarter of respondents said the bill makes them feel “positive” (15%) or “very positive” (7.2%) about homeownership.
Over 4,200 square feet and spanning four bedrooms and four-and-a-half baths, the property was created by Jay Refold and is a project that represents a homecoming of sorts.
ON THE COVER Visionary Design: A contemporary home in the Manhattan Beach sand section presented by John Altamura of Altamura Real Estate Group.
All of Lindsey Adelman’s creations, which are born from her keen observation of the natural and human worlds, captivate not only with their perfect proportions but also, and above all, because they embody an understated harmony between spontaneity and rationality, handcrafted elements and machine-made parts, pure beauty and necessary functionality.
For the $3.225 million in bitcoins, the buyer of the East Manhattan Beach property will get a five-bedroom, 4,562-square-foot modern farmhouse-style home at 1400 21st Street, which was listed by South Bay agents Mike Michalski and Sachi Fujita of Re/Max Estate Properties.