Real Estate

465 36th Place | Manhattan Beach

Manhattan Beach Homes for Sale That Were Built in 2017

3605 Oak Avenue | Manhattan Beach

3605 Oak Avenue | Manhattan Beach

5 Bed, 3.5 Bath, 3,250 Sq. Ft, 4,647 Sq. Ft Lot
Price: $2,740,000
Price Per Sq. Ft: $843.08
69 Days on Market

BEST VALUE WEST OF SEPULVEDA! Stunning contemporary in the coveted Tree Section rebuilt and expanded in 2017. Located on a quiet street (don’t let the map fool you!), the moment you enter you’ll feel like you came home to your own private retreat. With his tasteful European design & thoughtful approach to layout, French architect Bertrand Genoist created a stunning yet practical home perfect for families & entertainers alike.

The large open concept living area continues seamlessly into a covered outdoor great room & grassy yard that is exceptionally large for the neighborhood. Mature trees provide privacy and greenery from every room. The luxurious master suite includes a private balcony with treetop views. Great schools, plenty of parking (no traffic from the businesses on Sepulveda), walking distance to high-end shopping & restaurants at the Point & Manhattan Village, minutes to the beach, and easy freeway access.

BE SURE TO COME AND EXPERIENCE ALL THIS HOUSE HAS TO OFFER!


2612 Pine Avenue | Manhattan Beach

2612 Pine Avenue | Manhattan Beach

5 Bed, 3.5 Bath, 3,600 Sq. Ft, 4,480 Sq. Ft Lot
Price: $3,495,000
Price Per Sq. Ft: $970.83
182 Days on Market

Huge Reduction! Refined contemporary craftsman nestled in the heart of the tree section. 5 Bedroom, 4 bath, 3600 SF with a finished basement. This remarkable home is discerningly fitted with fine home finishes; wide plank oak flooring thought out, wolf range, 30-inch Thermador Fridge w/ 18-inch split freezer, custom kitchen cabinets, oversized Cambria Island with double waterfall.

Lofty master retreat with en-suite deck, spa-like master bath, double black granite vanity, black tile inlays, soaking tub, and large double glass shower. Intimate rear yard with built-in fire pit, water feature, and mature trees. Luxury in the trees at its finest.


465 36th Place | Manhattan Beach

465 36th Place | Manhattan Beach

5 Bed, 6 Bath, 4,289 Sq. Ft, 3,341 Sq. Ft Lot
Price: $4,250,000
Price Per Sq. Ft: $990.91
116 Days on Market

This breathtaking, 5 bed 6 bath home with sweeping ocean views sits on an oversized Sand Section lot. A grand courtyard entrance opens to 4,289 square feet of modern elegance, exquisite finishes, and expansive views of the open ocean and Malibu. Follow the floating staircase up to a stunning top floor that boasts 11-foot ceilings, a gas fireplace surrounded by built-ins, two wine refrigerators and wide-plank white oak flooring.

The desirable kitchen amenities include Thermador stainless steel appliances, Neolith counter tops, a waterfall island and a large pantry. The 4-panel slider creates an indoor, outdoor lifestyle and flows out to a large deck offering gorgeous ocean views. The entry-level floor features a sizable 3-car garage, a wide-open master suite with a peaceful sitting area, a gas fireplace and an enormous walk-in closet.

The master bathroom features a freestanding tub, limestone floors, and a large frameless shower. The lower floor comprises a huge, sunny media room with West-facing views, a large laundry room, two bedrooms and three bathrooms. This home also includes a 3-stop elevator, 4 iPad stations, smart lighting throughout, a Sonos sound system & installed speakers, 6 exterior cameras, a security alarm system and 3 separate air conditioning units.

It’s ideally located in the prestigious Manhattan Beach school district, a few short blocks to the beach, and the shops, yoga studios, and restaurants of the charming El Porto section of Manhattan Beach.


3300 Palm Avenue | Manhattan Beach

3300 Palm Avenue | Manhattan Beach

5 Bed, 4.5 Bath, 3,947 Sq. Ft, 4,636 Sq. Ft Lot
Price: $3,995,000
Price Per Sq. Ft: $1,012.16
11 Days on Market

Inspired by the glorious estates of the Napa Valley Wine Country, this luxurious interpretation of a Country Farm House exudes a combination of fine elegance and casual living. With interior finishes designed by Jamie Roddy of Eden LA Interiors with impeccable attention to details and masterfully built by Matt Wachtfogel of Wachtfogel Construction, this TONY HOMES new construction is a true beauty.


1901 Palm Avenue | Manhattan Beach

1901 Palm Avenue | Manhattan Beach

5 Bed, 5.5 Bath, 4,762 Sq. Ft, 5,061 Sq. Ft Lot
Price: $5,500,000
Price Per Sq. Ft: $1,154.98
24 Days on Market

You will love this Engaging Cape Cod built on a desirable oversized corner lot. Abundant natural light, Neolith Estatuario Quartz, Pietra Grey and Calcutta Splenda Marble, Basalt Stone, Ice Cube Marble, Hexagon tiles, stacked stone, flagstone, white oak hardwoods. 5 bedrooms, large office/ formal LR, w/ tiled fireplace, 5 full ensuite bathrooms, 2 powder rooms, 3 stop elevator, Epicurean Kitchen with Wolf, Subzero & Bosch appliances, Pot filler, steam & microwave oven, built in desk, breakfast nook, pantry, Neolith Estatuario Island w/ 2 sinks, 2 Bosch dishwashers, coffered wood beamed ceilings, fireplace, a 12 ft La Cantina bifold door leading to the patio, ceiling heater, Basalto stone peninsula, Lynx bbq grill, fridge, builtin steel trash unit, steel storage drawers and access door.

Master has tongue and groove vaulted ceilings, fireplace, balcony, Calcutta Splendor Marble bath, steeping tub, 2 vanities, linen closet, custom wood walk-in closet, velvet lined jewelry & watch showcase drawers and dresser. Large basement for entertaining, full wet bar w/ Fisher-Paykel dishwasher, fridge with ice maker, a chilled wine room, powder room and 5th bedroom. 3 car garage, 2 electric vehicle chargers, Audio Visual System has fully prewired a Cat 5 surround system in family room & basement with a Home Theatre pre-wired for projection and for drop down screen. Speakers in kitchen, patio, master bedroom & office/LR. 3 zone heating & air cond, alarm system w/ optional outside camera locations.


915 Duncan Avenue | Manhattan Beach

915 Duncan Avenue | Manhattan Beach

5 Bed, 5.5 Bath, 4,637 Sq. Ft, 4,998 Sq. Ft Lot
Price: $5,950,000
Price Per Sq. Ft: $1,283.16
145 Days on Market

Ocean View, Warm Coastal Contemporary, New Construction Hill Section home boasts five en-suite bedrooms, plus two additional half baths. European white oak flooring throughout. Exquisite top-of-the-line finishes provide a feeling of luxury and comfort.

All floors accessible via a 3-stop elevator with the entire home serviced by multi-zone heating and A/C. Sun filled open floor plan with family room, dining room and kitchen area leading out to the backyard through Fleetwood accordion doors enabling a seamless indoor/outdoor flow so you can enjoy that special California feeling all year-round. Home is pre-wired for custom automation. Three fireplaces, chef’s delight kitchen with Quartz waterfall countertops and Wolf/Sub-Zero top quality appliances.

Master suite features black quartz fireplace, spacious glass surrounds ocean view balcony. The spacious lower lever includes an en-suite 5th bedroom and state-of-the-art media room, bar refrigerator, dishwasher, cabinet-ready wine storage and second laundry room.

The backyard is easy to maintain and perfect for entertaining with Infratech heaters and Sedona outdoor grill and fridge. Gas-line ready for a pool spa/firepit. Upstairs office/family room with ocean views and balcony completes this lovely home and its casually elegant lifestyle. Short stroll to the beach, parks, downtown shops and restaurants makes this a fabulous home in one of California’s most sought-after beach communities. Designed by Louie Tomaro and developed by Titan and Co.


81 Morningside Drive | Manhattan Beach

81 Morningside Drive | Manhattan Beach

5 Bed, 4.5 Bath, 4,261 Sq. Ft, 2,709 Sq. Ft Lot
Price: $5,975,000
Price Per Sq. Ft: $1,402.25
142 Days on Market

This newly constructed modern brownstone is unique in its attention to design detail and quality. Developed by Balios Capital, this exceptional beachside home is perfectly located in the highly desired Sand Section of Manhattan Beach; a few blocks to the water and a short walk to town. Situated on an NW corner lot, this ideal location allows for abundant natural light to fill the home with spectacular panoramic hill section views. The ground floor features a large entertainment room with a built-in bar, a secluded guest room with en-suite bath, a private office, and mud room next to a three-car garage.

The second level showcases high ceilings, a great room with fireplace, a gourmet kitchen with built-in dining nook, top of the line Wolf and Sub-Zero appliances and two large balconies. The top floor offers a total of four bedrooms with an exquisite master suite which features a balcony with ocean views, a massive walk-in closet and spa-like master bath with Calacatta Classico marble.

Inspired by classic NY brownstone manors, elegant details can be found throughout this modern-traditional with a total of five bedrooms, four bathrooms, and two half-bathrooms. The developer has invested a tremendous amount of care in designing this home with the finest quality of fixtures and materials and it is impressive from every angle. Bring all your discerning clients to view this new home. Address formerly 333 Homer St, Manhattan Beach.


461 27th Street | Manhattan Beach

461 27th Street | Manhattan Beach

3 Bed, 3.5 Bath, 2,300 Sq. Ft, 1,549 Sq. Ft Lot
Price: $3,349,000
Price Per Sq. Ft: $1,456.09
20 Days on Market

New Coastal Contemporary designed by Jon Starr and intended as the developer’s personal residence. Meticulous attention to detail. Street-to-alley lot with garage in back enhances the curb appeal of the 3-story facade. First floor “beach room” with 5.1 surround sound opens to hardscaped front yard with natural stone tiles. Custom floating wood staircase with glass railing leads to 2nd-floor bedroom level, including a luxurious master suite featuring an outdoor deck with privacy glass railings, walk-in closet, oak accent wall with hidden drawers and sumptuous master bath.

Top floor presents the common living areas in an open floor plan with tons of light, courtesy of Kobi mahogany windows and sliding glass doors. Great room has a fireplace, an outdoor deck with glass railing (and partial ocean view) and a walk-in bar with beverage refrigerator, paneled ice maker and hand-pounded nickel sink. Open center island kitchen has Thermador Pro series appliances, including built-in coffee maker, walk-in pantry, Blue De Savoie marble countertop and farmhouse sink.

Other features – 3-stop elevator beginning in the garage and serving all 3 floors, multi-zone heating and A/C, dual tankless water heaters, and a “smart home” system by RTI that controls lights, temperature, and Sonos sound. Natural French oak floors (finished on site) and custom woodwork throughout. The home is also fully wired for an alarm system, including interior motion sensors, and comes with 6 security cameras.


130 19th Street | Manhattan Beach

130 19th Street | Manhattan Beach

4 Bed, 4.5 Bath, 4,200 Sq. Ft, 2,698 Sq. Ft Lot
Price: $9,250,000
Price Per Sq. Ft: $2,202.38
126 Days on Market

New Coastal Modern Design Home by Louie Tomaro & Elwood Design. Situated on the highly desirable 100 block walk streets, this home has the most functional floor plan you’ll ever see. Boasting protected ocean & mountain views (no power lines in sight). Top floor layout has an open plan that includes the living room, dining room, kitchen and outdoor living with no walls. This is the first of its kind!

Master suite features limestone fireplace & retracting glass doors with seamless glass railings boasting ocean views to Malibu. Master bath has floating vanities with LED strip lighting, travertine countertops, & big walk-in closet. Vaulted ceilings with wooden beams complement built-in cabinetry & baseboards throughout the home. Oversize dining room with space for 14 people, massive quartzite island that seats 6 with views of Manhattan Beach Pier.

The kitchen has custom cabinetry & a retracting glass wall separates the kitchen and outdoor living space for dining al fresco. Outdoor living space features a gas fireplace, wall mount television, grill & built-in ceiling heaters by Infratech. Appliances include refrigerated drawers, Thermador refrigerator, and stove. Spacious media room with wet bar and sliding glass doors that open up to large front yard patio, which is perfect for entertaining guests & enjoying the sunset. 3-stop elevator, Nest Thermostat, Lutron Lighting system, & ability to manage the entire house from an iPad.


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Blockchain Technology to Record Real Estate Documentation Announced

Palo Alto, California-based global blockchain real estate marketplace, Propy, Inc. is launching a pilot program to record real estate documentation using blockchain technology in South Burlington, Vermont, a state that is increasingly known for being friendly to blockchain development. 

“The startup, headed by founder Natalia Karayaneva, uses Blockchain protocols to record real estate transactions on a ledger that governments can use to tie titles to properties securely and efficiently. Propy also works to match buyers with both seller and brokers and offers information on neighborhoods where the properties are located,”  — CoinTelegraph.

“…[The Pilot project is] emblematic of Vermont’s long history of innovating business, insurance, and financial technology. We are fortunate to have a cutting edge statutory framework that enables the use of blockchain technology, and we will continue to work with the legislature to ensure Vermont remains at the forefront of these innovations.”

Michael Schirling >> Development Secretary | Vermont Agency of Commerce and Community Development

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Homes Under $1 Million in the South Bay | 1.23.18

Where are all of the under $1 million homes for sale in the South Bay?

Despite it being a seller’s market in the South Bay Cities, we believe you should still be able to buy a great house for under a million. We found twelve incredible single-family homes currently on the market in the South Bay. Let the bidding wars begin!

18306 Grevillea Avenue, Redondo Beach 90278

Price: $630,000
2 Bed | 1 Bath | 740 Sq. Ft 

Great investment opportunity! This 2 bed 1 bath home is situated on an R-2 lot (Property is located in the city of Torrance, buyer to verify any and all development opportunities). Blocks from the soon to be updated Galleria Mall, El Nido Park, and a multitude of restaurants and retail stores. Minutes from the 405, 110, and 91 freeways.

18306 Grevillea Avenue, Redondo Beach 90278


2035 Trudie Drive, Rancho Palos Verdes 90275

Price: $855,000
2 Bed | 1.5 Bath | 1,543 Sq. Ft

This elegant Mediterranean style home, located in the sought after Palos Verdes Peninsula Unified School District is nestled in the RPV East view section that offers views of the waterfront to the East and mountains to the West. The home’s transformation into its current Mediterranean style is the product of its owner’s vision, brought to fruition via an 11-month long project.

As a result, the home acquired its colonnaded porch, custom stucco with contrasting black roof and wooden gates, high end/energy efficient replacement windows, elaborate slate walkway, professionally designed private backyard, and a covered patio with skylights and intricate slate flooring, that replicates in the walkway and planters. In the interior, the open floor plan kitchen with custom American honey maple 

2035 Trudie Drive, Rancho Palos Verdes 90275


2403 Fisk Lane, Redondo Beach 90278

Price: $859,000
4 Bed | 3 Bath | 1,528 Sq. Ft

Beautiful two story home 4 bedrooms, 3 bathrooms, master bedroom upstairs floor and bathroom with steam room with rear pool view. 3 bedroom downstairs and 2 baths, all the bedrooms have mahogany floors. Marble floors throughout the beautiful living room, kitchen and all bathrooms, including kitchen has granite stone counters. Also, a nice backyard with swimming pool and entertaining area. Only a few minutes to Space x or Inglewood future stadium.

 

2403 Fisk Lane, Redondo Beach 90278


1614 Dixon Street, Redondo Beach 90278

Price: $889,000
3 Bed | 1 Bath | 1,231 Sq. Ft

Enjoy your sunny, west-facing front yard on one of the larger lots in the Golden Hills neighborhood. This original home provides a wonderful opportunity to create the home you’ve always envisioned. Seconds away from Manhattan Beach and Hermosa Beach, take full advantage of the authentic South Bay lifestyle with opportunities at your fingertips.

Relax at the beach by day, and entertain friends and family in the spacious backyard by night. Located within the top-rated Redondo Beach school district, this lovely home is a great value for generations to come.

1614 Dixon Street, Redondo Beach 90278


1753 Carver Street, Redondo Beach 90278

Price: $889,000
2 Bed | 1 Bath | 910 Sq. Ft

Your typical lot in this area as you know is 25 x 100. It is REALLY rare to find a lot like this one; in essence, it’s a lot and a half. House is livable but is a bit dated. There does appear to be extensive work that is needed to be nice. HOWEVER, Plumbing is newer as are fixtures and newer central furnace too.

Could you live in it currently? Sure. We are open to offers and believe based on the lot size, we are priced VERY attractively. Bring your contractor and make this home the coolest Golden Triangle home on a one-way street for low traffic, nice and quiet and calm. And did I mention the awesome lot size? No “tall and skinny” here. We’re a nicely plump lot and a half!

1753 Carver Street, Redondo Beach 90278


27612 Tarrasa Drive, Rancho Palos Verdes 90275

Price: $889,500
4 Bed | 3 Bath | 1,876 Sq. Ft

Stunning, reduced west facing open plan, sunny, roomy and truly a Rancho Palos Verdes ranch style home. Large living room with a separate great room off the den and includes a darling breakfast nook. Outdoor patio/eating area with direct access to living room and great room. Laminate flooring, newly painted, on a roundabout cul-de-sac.

The living room has a gorgeous fireplace and neighborhood views. 2-car garage and plenty of driveway parking. Front lawn re-landscaped with water conscious plants and design. With an additional side yard designed with water conscious planting leads into a large backyard with a huge gorgeous tree with its very own swing.

Each bedroom has sliding door access to park like backyard. Master bedroom has its own bathroom. Fantastic neighborhood with excellent neighbors and park-like neighborhood. 27612 Tarrasa Drive, Rancho Palos Verdes 90275


2619 185th Street, Redondo Beach 90278

Price: $895,000
3 Bed | 1 Bath | 1,171 Sq. Ft

Light, bright and upgraded corner lot home in a great family neighborhood! This home has an open, flowing floor plan with an open granite kitchen, stainless steel appliances, laminate flooring, and a large family room/dining area with a beautiful stone fireplace. There are also NEW double paned windows and doors, NEW A/C & ducting, copper plumbing, and a NEW ‘cool’ roof, over $75k in improvements.

There’s a covered patio, automatic sprinklers, newer 100 amp electrical service. 2-car garage with a workshop & 220V service. The doublewide driveway can park six cars, plus additional room for an RV/Boat/ other toys. Close to schools, shopping, and the 405 freeways.

2619 185th Street, Redondo Beach 90278


1903 Redondela Drive, Rancho Palos Verdes 90275

Price: $899,900
4 Bed | 2.5 Bath | 1,876 Sq.

The possibilities are endless for this mid-century era gem. The discerning buyer will immediately sense that this home has good, solid bones and was maintained with love by its owners. Situated on an oversized lot with a cul-de-sac at the end of the street, this property is a dream.

Inside boasts plenty of natural light, a wood burning fireplace and original hardwood floors that are in great condition. 4 bedrooms, one of which has its own entrance, offer that perfect work-from-home layout.

The enormous yard is begging to be transformed into an entertainer’s paradise and is permitted and piped for the addition of a pool. Drought resistant landscaping, automatic sprinklers, and recently upgraded copper pipes add to this home’s appeal. The lot size and desirable location also make this home an amazing investment property. In addition, the school district and surrounding area are excellent and highly desired. 

1903 Redondela Drive, Rancho Palos Verdes 90275


2002 Jaybrook Drive, Rancho Palos Verdes 90275

Price: $899,900
3 Bed | 2 Bath | 1,258 Sq. Ft

Welcome to this entertainer’s dream home! This family-friendly house located in a lovely neighborhood has been meticulously remodeled from top to bottom. The home features a spacious living room, a remodeled kitchen; upgraded bathrooms with new vanities, beautiful engineered wood floors, and recessed lighting throughout.

The kitchen includes a big farmhouse sink, an island, an eating area, stainless steel double oven, and built-in bench seating. The master bedroom suite has a full bath and the other two bedrooms and second bathroom are in the hallway. There is a double garage with 130 sq. ft. laundry room/office with a/c.

Experience the joys of outdoor living with this inviting backyard! It features a pool, a fire pit, a Jacuzzi, a built-in BBQ, and a cabana area with an extra outdoor three-quarters bathroom. This home is located within the highly desired Palos Verdes Peninsula Unified School District. 

2002 Jaybrook Drive, Rancho Palos Verdes 90275


302 S. Lucia Avenue, Redondo Beach, 90277

Price: $929,000
3 Bed | 1 Bath | 1,348 Sq. Ft

Great potential for rehab or builder’s lot. Fantastic location in South Redondo Beach among multi-million dollar homes and new construction. Just blocks to the beach, pier, and the Riviera Village. Walking distance to shopping, dining, entertainment, boating and all the water sports your heart desires.

Bike and hiking trails are abundant for those nature enthusiasts. Award winning schools and parks nearby for those growing families. Not just potential for an amazing home but a lifestyle that cannot be beaten. Make it yours!!!

302 S. Lucia Avenue, Redondo Beach, 90277


27815 S. Montereina Drive, Rancho Palos Verdes 90275

Price: $964,500
3 Bed | 2 Bath | 1,746 Sq. Ft

Entertainers delight!! You’ll be amazed at the open feeling of this gorgeous pool home! The double door entry opens to the cozy living room with elegant French doors–this home offers 3 bedrooms 2 baths–1747 sq. ft. of living space– the lot is close to 10,000 sq. ft.–with several recent improvements you will be able to move right in—laminate floors run throughout the living room family room and baths–living room with brick fireplace–enjoy the view of the pool from the family room–large master suite with sitting area or office space if you preferred–double closets–bathrooms have been redone in granite with sleek frameless glass enclosure–relax on the patio overlooking sparkling pool with large grassy area–direct access from kitchen to the attached 2 car garage–kitchen with new countertops–east view offers the option of attending either lausd or Palos Verdes school district–close to several shopping centers–this is a fantastic opportunity to own in the city of Rancho Palos Verdes.

27815 S. Montereina Drive, Rancho Palos Verdes


1881 W. Macarthur, Rancho Palos Verdes 90275

Price: $989,000
3 Bed | 2 Bath | 1,765 Sq. Ft

Fantastic updated family home dynamite location with great backyard and a view. This home was extensively remodeled chefs kitchen, stainless appliances, walk-in pantry, sit-down counter stone and hardwood floors throughout. Great room with high vaulted ceilings, bar great for entertaining. Master suite with his/hers closets and a big family backyard for entertaining, built-in BBQ center, spa, deck overlooking view, grass for the kids and pets to play on.

 

 


These homes have been on the market an average of 47 days and have an average price per square foot of $623.16.

Last year, a total of 218 single-family homes sold for $1,000,000 or under in the South Bay – see the breakdown per city below:

Under $1 Million Club graphic

El Segundo                          13
Manhattan Beach                  0
Hermosa Beach                     2
Redondo Beach                  124 (MOST: N. Redondo 90278)
Palos Verdes Estates             1
Rancho Palos Verdes           73
Rolling Hills Estates               5
Rolling Hills                            0

(All property data taken from MRMLS Closed Sale Single Family Residence (SFR): for areas: El Segundo, Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates & Palos Verdes Peninsula. January 1, 2017– December 31, 2017) Information is deemed accurate but not guaranteed.)

Urban Sanctuary

New West Hollywood residences pair luxe, private environs with easy access to nearby shops, restaurants, entertainment, parks and more

Written by Wendy Bowman | Photography Courtesy of The Agency

“A true rarity in West Hollywood” is how developer Nick Hertz describes 1345 Havenhurst, his new boutique collection of contemporary, eco-friendly townhomes nestled in a private residential setting just one block from the lively Sunset Strip. Designed by architects Stephen Kanner and Deborah Richmond, expect a stark-white façade accented with aluminum, glass and natural wood cladding joined with unobstructed and protected views stretching from the Hollywood Hills to Century City and Downtown L.A. An attractive living green wall, meanwhile, improves air quality while adding a touch of beauty to the building’s common areas.

“Our project is targeted to homeowners who like to be close to all the action, but off on a quiet side street,” says Hertz. “The ability to walk to everything you would need and enjoy is an appealing part of Havenhurst. Certified as a green building by the city of West Hollywood—and featuring a resource-efficient design that complements the surrounding Hollywood Hills setting with a vibrant, living green wall—this property boasts truly thoughtful living in the heart of L.A.’s hustle and bustle.”

Found at 1345 Havenhurst Drive—near Soho House, Chateau Marmont, The Tower Bar, Hyde Sunset Kitchen + Cocktails, and Everleigh—the new development offers more than 27,000 square feet of residential space, with prices starting at $1.375 million. Included is 16 multistory and garden terrace townhomes, plus penthouses ranging from 1,490 to 1,963 square feet. Construction was completed in September 2017, with sales now being exclusively handled by The Agency.

Various floor plans are available, complete with soaring ceilings; floor-to-ceiling windows; wide-plank oak flooring; Carrara marble countertops; custom Italian-designed cabinetry with German hardware; and Bosch appliances. Among the amenities: dedicated outdoor spaces, including private patios and rooftop terraces, as well as electric car-charging stations and entry gates sporting video monitoring systems.

“Havenhurst is a window into West Hollywood and is elevating living like it’s yet to be seen in this highly sought-after area,” says Hertz. “The 360-degree views that stretch from the Hollywood Hills to Century City and Downtown L.A. are protected due to new construction zoning, another offering making Havenhurst even more one-of-a-kind.”

1345 HAVENHURST

1345 HAVENHURST DRIVE, WEST HOLLYWOOD, CA 90046

310.728.0345 | 1345HAVENHURST.COM

The Flats Fantastic

808 Rexford Drive

Beverly Hills Flats | Double Lot | 26,800 Sq.Ft.

$58.888 Million

Christophe Choo of Coldwell Banker Global Luxury has introduced a luxurious Beverly Hills Flats estate to the market for $58.888 million, the highest price ever recorded for a residential property in its neighborhood. Situated on a double lot spanning 1.68 acres at 808 Rexford Drive, the gated European-style villa was designed by noted architect Budd Holden and built in 1990.

Featured is 26,800 square feet of amenity-filled living space, including a two-story wine cellar; a billiards room; a media room; a two-story, wood-paneled library; and eight bedrooms (including a 5,000-square-foot master suite). The manicured grounds, meanwhile, boast a duo of guesthouses; a sunken tennis court; a pool with waterfall and slide; a championship croquet court; and most notably, a whimsical train station and electric and steam-rideable miniature railroad trains.

Letter-Perfect-Lair

The former Beverly Hills residence of longtime Wheel of Fortune co-host Vanna White has entered the market for $47.5 million.

75 Beverly Park LN

BEVERLY PARK | 8 BEDROOMS | 10 BATHS | 14,554 SQ. FT.

“This home has 14,554 square feet of interior living space spread over eight bedrooms, 10 bathrooms, a gym with a mini-spa and a basement made for entertaining,” says listing agent Mauricio Umansky of The Agency. Found in the exclusive guard-gated community of Beverly Park at 75 Beverly Park Lane—on 5-plus acres rife with lush landscaping and towering palm trees—the Tuscan vineyard estate was built in 1997.

 

Among the other highlights: a wine cellar with all of the wine produced in the property’s private vineyard; a resort-style pool and spa; and a massive motor court boasting a water fountain and a four-car garage.“One highlight to note is the fine details, including vaulted ceilings, arched windows, floor-to-ceiling French doors and a unique set of iron-clad staircases.” 

South Bay Tops $4.1 Billion in Real Estate Sold

$4,116,845,572 Worth of Real Estate Was Sold in South Bay in 2017

The local real estate market has been rocking the past couple of years, and 2017 was no exception. Manhattan Beach continues to lead the charge and closed the year with a new record average sales price of $3,080,193. Manhattan Beach also had two record sales over $20 million, as 1000 The Strand broke the all-time high of $21,000,000. Interesting, of the (11) total closed sales over $10 million in the South Bay, Manhattan had (8) of them! (PVE & Hermosa Beach each had one.) Finally, there were (55) total closed sales over $5 million last year, and (114) at or above the $4 million mark!

Looking back, the ultra-high end slowed a bit towards the middle of 2017, but regained steam to close the year strong. The lack of available inventory was, once again, the big story as buying demand was solid, especially in the under $2 million range. Check out the chart below to see how it looked per city.

MARKET RECAP
SOUTH BAY 2017

#Sold

Avg. Days to Sell

Avg. Price SOLD

Median Price SOLD

Average Price Sq Ft / SOLD

Highest Closed Sale Price

Manhattan Beach

342

49

$3,080,193

$2,470,875

$1,080.01

$21,000,000

Hermosa Beach

107

40

$2,742,197

$1,850,000

$763.84

$14,150,000

South Redondo Beach

112

33

$1,527,122

$1,325,000

$653.45

$2,925,000

North Redondo Beach

197

29

$1,026,653

$975,000

$624.48

$1,890,000

Hollywood Riviera

120

30

$1,475,947

$1,362,000

$702.50

$5,920,000

Palos Verdes Estates

191

54

$2,248,179

$1,875,000

$727.09

$13,840,000

Rancho Palos Verdes

396

39

$1,446,946

$1,312,500

$572.59

$5,500,000

Rolling Hills Estates

71

58

$1,711,358

$1,565,000

$584.88

$2,990,000

Rolling Hills

19

69

$3,181,658

$2,450,000

$802.44

$6,200,000

El Segundo

80

38

$1,307,771

$1,271,750

$687.94

$2,155,000

(All property data taken from MRMLS Closed Sale Single Family Residence (SFR): for areas: El Segundo, Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates & Palos Verdes Peninsula. January 1, 2017– December 31, 2017) Information is deemed accurate but not guaranteed.)

Although it is often said that the year ahead will be “interesting,” 2018 might actually be. The outlook for the year is moderate growth in home prices as the economy continues to stay hot – but that could change with the proposed (3) interest rate hikes this year, tax regulation changes, and any stock market correction. And don’t forget the geo-political landscape, which could change at a moments notice.

Beyond what’s happening in the local real estate market, one thing is for sure, it’s sure hard to beat the lifestyle here in the South Bay.

Wishing you all the best in 2018!

“Those who have knowledge, don’t predict. Those who predict, don’t have knowledge.” Lao Tzu

Sensational Seaview

A delightful, extensively renovated family retreat with lush grounds and generous views beckons one home in Palos Verdes Estates. Ideally located along Via Arco, this welcoming family compound gleams in the Southern California sunshine. Blissfully perched atop Palos Verdes Estates, its homeowners relish bountiful views of the Queen’s Necklace, Santa Monica Mountains and as far west as the Channel Islands.

Written by Joclene Davey  |  Photography by Paul Jonason

Starting with great curb appeal and a meticulously attended lawn, the property’s beautiful landscapes were designed by Rick Dykstra, whose enchanting flowerbeds filled with Magnolia and Camellia trees, roses and azaleas ornament the house and sidewalks. The focal point in the front courtyard is a lovely fountain, which, coupled with dormer windows, crisp-white wood and classic brick exterior, add to the home’s inviting feel. From the curb, the size of 1409 Via Arco appears quaint, but once inside, one immediately sees vast ocean views and glimpses just how expansive the home actually is: a sprawling 6,258 square feet with five bedrooms and seven baths sitting on an almost 30,000-square-foot lot.

An open voluminous foyer with an abundance of light welcomes one to this home. A beautiful Yugoslavian chandelier with a motorized drop radiates rainbows of luminescence throughout the bright space. The amazing sea view, enjoyed from most every room, is instantly visible via the adjacent formal living room, where one can easily move from room to room, through the formal dining room and into the kitchen. These well-illuminated rooms are a credit to French doors and floor-to-ceiling paned windows that all open out onto the large wrap-around balcony.

The abode’s professional-grade kitchen is chockfull of top-of-the-line appliances: two oversized Sub-Zero refrigerators, a Wolf range with a French cooktop, and various other amenities by Viking. The kitchen island is expansive with an eat-in bar and vegetable prep sink. A gorgeous stainless and brass scalloped hood lend a touch of je ne sais quoi to the bright atmosphere. Noteworthy is the amazing craftsmanship in the cabinetry and the detail work that has been carefully repeated throughout the home in its moldings, doorway trim, staircase woodwork and fireplaces, all handcrafted by well-known Enkeboll Design. 

The distinguished yet relaxed family room is quite unique. While the well-lit space captures signature views from over-sized windows, it’s the beautifully handcarved paneled walls and attention to craftsmanship that emphasize its beguiling singularity. With two other living/family rooms in the home, this space could easily translate into a game room with a pool table or a library. In the corner of the room is a generous, full-sized, walk-in wet bar, temperature controlled wine cellar and cold storage room. There is also a guest bathroom here and a private office.

Upstairs, the spacious master suite is tucked away from the balance of the home. A wall of windows wrapping the perimeter offer breathtaking views of the Channel Islands and across the Queen’s Necklace. A recessed ceiling and marble fireplace complement the room’s traditional style. The suite also contains a large tiled master bath, and two separate but brilliantly designed walk-in closets. 

The bottom floor of the home features two adjoining wings, each with two bedrooms. All four of the children’s bedrooms and/or guest bedrooms are generous in size featuring hardwood floors; three with en-suite baths, and two with full baths just steps away, all with unique yet cohesive tilework. Each of these guest rooms enjoy ocean views and large custom designed closets, and the northernmost guest room opens out onto the outdoor patio area by French doors, which makes for easy access to restrooms when entertaining. Also included on this level is an additional family room with a small wet bar area, a space that could be a nice den or homework area for kids.

The home has undergone extensive renovations. In addition to the installation of wide plank hardwood floors, updates to moldings, and the completion of a major exterior overhaul to modernize the home’s overall look, the owners greatly upgraded the kitchen. Along the way were aesthetic updates as well as improvements to enhance the home’s flow (opening up walls and completely renovating and even moving stairwell passages).

Of the extensive overall, “We added the wood to the exterior, the slate roof, stucco, and copper rain gutters and lighting all throughout the exteriors,” says the owner of the incredibly clean and cared for home that looks newly built. Adds Realtor Wendy Sun of Re/Max Estate Properties, “Architecturally, this is a one-of- a-kind home for Palos Verdes Estates. It is rare to find a residence in this neighborhood that is not Mediterranean, or one with such extensive remodeling.”

With their children starting their own families in a nearby city, the home’s current owners are relocating closer to help the growing clan, but share, “This is a great family home, and it has been so loved . . . it deserves a family, and while it is hard for us to leave, we are excited for the right family to love this home as much as we have.”

The crescendo to this stately abode is its tranquil outdoor grounds. The property has expansive entertaining space that can accommodate approximately 400 guests. The backyard includes a large patio area adorned with fountains and waterfalls. The curvilinear lines of meandering patio bricks are trimmed with flowers and shrubbery in a natural flow. A large sparkling swimming pool adjacent to the dining area is crowned with a romantic pergola draped in greenery. Here, a fireplace sets the mood for entertaining guests al fresco. Across from the pool is a full outdoor kitchen with a wood-burning grill and a gas grill, outdoor sink and built-in ice chest. Thriving trumpet flower bushes trim the property line for privacy, and charming seating areas are scattered about with a lovely gazebo anchoring the grounds. “Our home and its grounds are great for entertaining, and many events have been held here from weddings to ladies luncheons,” shares the owner. Long and narrow, the grassy lawn is perfect for children to run and play while, discreetly tucked behind the landscaping, is a fenced in dog run. There also is a sandy play area in the corner for a kids’ playground or swingset.

Situated in the Monte Malaga section of Palos Verdes Estates, the home is an ideal location for commuters: easy to reach the 110 when driving to Downtown L.A. or Long Beach. It is also a prime location as it is between all the different schools for families with school-age children as well as being in close proximity to local shopping, dining, Trump International Golf Course and Terranea.

The charming warmth of this home coupled with its sensational views and beautiful entertaining areas make it a delightful choice for a growing family looking to retreat from fast-paced life to one that is focused on thriving.

Presented by
Wendy Sun, RE/MAX Estate Properties
310.544.7301 | List price $4,995,000

Hermosa Beach - Highest Priced Home Sales of 2017 - DIGS.net

Hermosa Beach – Highest Priced Home Sales of 2017

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. 

A paved path, known as The Strand, runs along Hermosa’s Beach from Torrance Beach in the south approximately 20 miles north to Santa Monica and the Hermosa Beach pier is at the end of Pier Avenue, which is one of the beach community’s main shopping, eating and nightclub areas.

Here are 10 of Hermosa Beach’s Highest Priced Closed Sales of 2017


1540 The Strand, Hermosa Beach

List Price: $14,000,000 | Close Price: $14,150,000

5 br | 8 ba | 4,633 Sqft

Beachfront masterpiece presented by G9 development group and built by Mike Davis Custom Homes. Featuring four levels, including a basement level with custom wine room, media room, lounge area with wet bar, two guest bedrooms, and two full guest baths. With a top level that opens to a Hermosa Beach pier-to-ocean view, and two panoramic doors that open, bringing in an ocean breeze, this expansive corner lot offers outdoor living space and state of the art technology.


2302 The Strand, Hermosa Beach

List Price: $14,850,00 | Close Price: $13,000,000

5 br | 4 ba | 2,817 Sqft

One of the most unique corner lots on the famed Strand section of Hermosa Beach. This Spanish Classic Mission home is a historic architectural masterpiece that encompasses nearly 3,000 square feet of living space.


2654 The Strand, Hermosa Beach

List Price: $9,200,000 | Close Price

3 br | 5 ba | 3,180 Sqft


802 The Strand, Hermosa Beach

List Price: $9,299,000 | Close Price: $8,900,000

5 br | 6 ba | 3,540 Sqft

This corner Strand home boasts beauty, luxury, and style. This home has 1,700 + square feet of outdoor living. With a Strand side deck and huge rooftop deck including a fireplace, bbq, and mini kitchen.


1942 The Strand, Hermosa Beach

List Price: $8,900,000 | Close Price: $8,350,000

Corner lot on the North Hermosa Strand. 52’ of oceanfront land!!!


3224 Hermosa Ave, Hermosa Beach

List Price: $7,995,000 | Close Price: $7,750,000

2 br | 2 ba | 2,450 Sqft

A trophy property located in a bulls-eye location on Hermosa Ave. Sitting on an elevated 4247 lot with 50 feet of prime Hermosa Ave footage offering the best ocean views in town and square footage offering the best ocean views in town.


1807 Valley Park, Hermosa Beach

List Price: $7,995,000 | Close Price: $7,700,000

6 br | 6 ba | 6,528 Sqft

A fantasy resort situated in the Hermosa Beach Sand Section. A stunning sprawling home that offers an open floor plan that expands into a backyard wonderland.


2824 Hermosa Ave, Hermosa Beach

List Price: $7,399,000 | Close Price: $7,050,000

5 br | 6 ba | 4,600 Sqft

A stunning Coastal Farmhouse with a modern twist. Built by RJ Smith with interior designs by Kate Lester, this 4,600 sqft custom ocean view home has raised the development standard.


2545 Myrtle Av, Hermosa Beach

List Price: $5,299,000 | Close Price: $5,275,000

5 br | 6 ba | 4,188 Sqft

Located in desirable North Hermosa Beach, this collaboration between White Sands Coastal Development and RJ Smith Construction, is a refined, crisp, and inviting atmosphere that embraces an active beach lifestyle.


123 28th St, Hermosa Beach

List Price: $5,199,999 | Close Price: $5,100,000

5 br | 6 ba | 3,861 Sqft

This gorgeous ocean view beach home perfectly blends the elements of coastal living with modern elegance.

 

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Pacific Union International includes three Los Angeles brokerages under branding expansion

Pacific Union International, the eighth-largest real estate broker in the U.S., rebrands three independently owned home sales brokerages in the Los Angeles market, under expansion. The merger, including John Aaroe Group, Gibson International, and Partners Trust, expands with launches in LA with 900+ real estate professionals and executives. Over the past 12 months, Pacific Union has acquired all three luxury real estate brokerages and are now unified under the Pacific Union International brand. The company has announced that Nick Segal, the former CEO and founder of Partners Trust, will lead as President of Pacific Union L.A., overseeing 20 offices across the greater Los Angeles area.

“Pacific Union’s launch in Los Angeles is a truly historic move that unites L.A.’s most esteemed and highest-producing real estate professionals under one name with best-in-class technology, marketing, data, and research,” Segal says. “This dream team of 900 real estate professionals sharing core values and a commitment to teamwork, trust, and innovation will provide the absolute best client experience possible. And we now all proudly share the same company name, Pacific Union International.”

Pacific Union now has more than 1,700 real estate professionals across 51 offices throughout Northern and Southern California, with a projected sales volume of $18 billion for 2018. The brokerage’s Southern California markets include Beverly Hills, Malibu, Downtown, the Westside, Northeast L.A., and the San Fernando and San Gabriel Valleys. Northern California markets include San Francisco, Marin, Contra Costa, Alameda, Napa, and Sonoma counties, Silicon Valley, and the Lake Tahoe region.

Featured Listings & Photos Courtesy of PacificUnionLA.com

 

Southern California home prices up 8.6%, an all-time high

In a report released by CoreLogic, Southern California home prices have surged 8.6% in November compared to a year earlier. The report reveals that the housing market shows strong job growth, historically low mortgage rates and a shortage of listings driving a combination of both higher prices and a larger demand. As compared to a year earlier, the all-time high underscores a tight housing market with few properties for sale. November sales were essentially flat, just down 0.1% from a year earlier.

The six-county region’s median home price hit $505,000 last month, a nominal record seen in September and before that, in 2007 just before the housing market collapsed.

 

Record-Breaking Real Estate Deals in Los Angeles 2017

The City of Angels became the city of nine-figure homes in 2017, with the priciest—in the city and the country—being the listing of the mansion from the 1960s TV-series “The Beverly Hillbillies,” which hit the market in August for $350 million, Mansion Global recently reported.

But while Los Angeles has one of the healthiest high-end property markets in the U.S., prices aren’t all astronomical, according to a third-quarter report released in October by Douglas Elliman. The median sales price for luxury single-family homes, defined as the top 10% of the market, was $9.3 million—unchanged from a year ago, and hundreds of overpriced luxury properties dropped from the market in 2017, leaving inventory at about 60% of what it was last year, the report said.

Properties saw big cuts too. Opus, a Beverly Hills spec home that released an unusual promotional video featuring gold-painted women writhing next to a Lamborghini, dropped out of the $100-million-club in September after a $15 million price cut. It was joined by a 31,000-square-foot mansion in Bel Air. The spec house was first listed in July for $100 million, but after being taken off market, was relisted in November for $90 million.

Naturally, though, some big price tags were turned into big deals this year.

In August, music power couple Jay-Z and Beyonce dropped $88 million in an off-market deal for a spec-built compound in Bel Air, according to multiple reports. Designed by architect Paul McLean, the 30,000-square-feet estate is hidden behind iron gates and comprises six buildings with a total of eight bedrooms and eleven bathrooms.

The transaction just topped the off-market sale of the Malibu home of entertainment mogul David Geffen, who in May, parted with his long-time home for $85 million. The property has five different structures, including a main house of more than 10,000 square feet, guest houses, a pool, hot tub, reflection pond and multiple balconies and terraces looking out over the Pacific.

Though the sale is currently the record holder for any property sold in Malibu, it has competition hot on its heels. In December, Mansion Global reported that the Malibu home belonging to Kurt Rappaport, co-founder and CEO of Beverly Hills-based Westside Estate Agency, is set to sell for $120 million, according to a source with knowledge of the off-market deal, though according to reports it’s not a done deal yet.

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