South Bay native Shawn Dugan aka Man on the Strand, certainly knows a thing or two about making a successful sale, having been raised in a family of real estate investors.
In this edition of South Bay DIGS Magazine discover Los Angeles luxury homes and celebrity homes for sale and top agents that represent them. On the cover is the Lighthouse in Hermosa Beach offered by Dan Jensen of Keller William Beach Cities.
The reason for the interest might be the impressive scale of the place, a prim and oversized Nantucket-style residence sheathed in moss-green shingles and cut stone, but more likely it’s the lighthouse built along its edge.
The Hollywood Riviera and Redondo Beach areas have experienced solid median sale price gains over the last four years, with South Redondo Beach leading the way with a 46.58% price increase since 2011. The local housing market remains strong with little headwinds, although the second half of the year will tell the real story.
Compared to median sales price increases over the last four years in the Beach Cities of Manhattan & Hermosa Beach, Palos Verdes is a relative bargain. While sales prices in Palos Verdes Estates have increased a generous 19.57% since 2011, both Manhattan & Hermosa Beach median sale prices have increased over 44% in the same period.
50% price appreciation in 4.5 years…not bad. If you live in Hermosa Beach, that’s exactly how much median sale prices have increased since 20111. Of particular note is the Sand Section, which includes the oceanfront Strand homes, up over 80% since 2011. The record sales price during this time frame is $15 million, which sold in December of last year.
Raju Chhabria proves that bigger is better in Hermosa with breezy, white-on-white spaces and ample coastline views
Sunday evening yoga class at Harmony Yoga begins with a brief meditation, something calm to still pacing minds while setting up the next 90 minutes as a mini-retreat for weary bodies in need of a boost.
