Quarterly Real Estate Report October 2020
Page 1
“
WOW, what a roller coaster ride since March! After screaming into March with a record first quarter underway, we were nearly devastated by COVID-19 by mid March. With 20 open escrows, 10 cancelled almost immediately and we (like many) started to hunker down by cutting costs, preserving liquidity and getting ready for what appeared to be a long storm. This was followed by a miraculous “V” shaped curve and rebound that will yield the best year we’ve ever had. Who would have predicted such a dynamic recovery back in March amid the turmoil and uncertainty? All 10 escrows that were lost (and many more) were replaced at values higher than pre-COVID prices. Overall county Demand is up 34%, inventory is down 39% and average days on market have plummeted from 83 days last year to only 38 days today. For the first time in history, luxury home sales have outpaced the overall market and set new records for demand (+74%) and closed sales (+54%). August was one of the best real estate months on record and it’s usually one of the worst months. Please take a few minutes to review our recently updated market trends report on pages 4-5 in this issue. Even with the impact of COVID-19, The Private Client Group outpaced our competitors with year over year growth of 19% and YTD pending/closed sales in excess of $130M all while delivering superior results to our clients with record breaking success stories and a 98% close rate. So what is going on and why is this happening? • • • • • •
Record low interest rates and increased affordability Record low inventory and high demand Buyers escaping from high density areas to Orange County Buyers searching for a second home “escape” along the OC coastline Buyers searching to solve their current home inadequacies magnified during the lock down Rebounding stock market and diversification into real estate for stability
We are very thankful and fortunate for the support of our valued clients through this difficult period. The resilience of Orange County real estate is clearly outpacing everyone’s expectations and look forward helping you exceed your real estate goals in the future. If you are a Seller, this is your time! Please call us for a free, no obligation valuation and marketing plan to deliver the highest price in the shortest amount of time. Your home may be worth more than you think! Page 2
Delivering Unsurpassed Results for Our Clients in 2020
$134M+ YTD Sold & Open Escrows
$72M+ Current Listings
60
Transactions YTD
+19%
Sales Increase YOY Page 3
LUXURY MARKET LUXURY SURGE – ASTONISHING SPIKE CREATES SELLERS MARKET RECORD BREAKING SALES OF OC LUXURY HOMES CLOSED IN AUGUST
The luxury housing market has not only bounced back from COVID19, but has now reached unprecedented levels never seen before. August 2020 vs. August 2019 – OC Luxury Home Market* - Falling Supply and Increasing Demand
+54%
Increase in luxury home sales closed
+74%
Increase in demand (262 more pending sales)
-31%
Lower inventory (719 less luxury homes for sale)
-60%
Decrease in average days on market (79 days vs. 199 days last year)
*Luxury homes are defined as homes priced above $1.25 million Source: Page 4 Orange County Housing Report 9/8/20
OVERALL OC MARKET REAL ESTATE MARKET SURGES AT A RECORD PACE HOME VALUES RISE ∙ INVENTORY AND RATES DROP ∙ DEMAND INCREASES
SELLERS MARKET ALERT! August 2020 vs. August 2019 Year over year comparison +34%
Increase in demand (Highest level since 2004)
+3.9%
Increase in median sales price
-39%
Lower inventory (2745 fewer homes on market)
-54%
Lower days on market (38 days vs. 83 days)
98%
Average selling price vs. list price
-74%
Decrease in distressed properties for sale (13 vs. 50 last year)
2018 2020
2019 2017
Source: Orange County Housing Report 9/8/20
Page 5
MEET THE TEAM Art Heckman is a passionate and highly motivated real estate professional with extensive experience working with a multitude of different clients from first time home buyers to accomplished CEO’s and seasoned Investors. Art began his career in the East Bay Area in Northern California in 2007 just as the Housing Market was beginning to crash. Through tenacity and hard work, Art built a strong reputation and business during one of the most difficult real estate markets in history. He has seen the market shift and change and has been able to adapt every step along the way to ensure his clients’ success in any market. Focusing on helping you achieve your real estate dreams and goals is what matters to Art most. Through his experience, he has learned that real success is achieved through a strong reputation, integrity, and taking care of people. His honest and sincere approach serves his clients to make clear and informed decisions educating them along the way. He couples traditional sales and marketing techniques with modern technology, offering his clients value and quality service with result driven strategies. Moreover, Art brings his exceptional negotiating skills and charisma to every transaction. Art moved to Newport Beach to start his Southern California career in 2012 without any local connections or networks and proved himself again as a force to be reckoned with. He has negotiated numerous record-breaking sales for his clients, from selling homes for an all-time high and beating out multiple offers on many occasions while still negotiating great value for his clients. You can count on Art to get the job done with the highest integrity, finesse and skill.
900 Successfully Closed Transactions Page 6
A native of Ireland, Stephen relocated to Orange County in 2004. A strong negotiator, Stephen prides himself on delivering the highest standards. His skillsets have been crafted through his work with extremely creative and successful individuals. In 2014 Stephen was appointed President of a private investment fund focused on property development in Central America. Stephen negotiated the purchase of several properties which he later developed as luxury Villas. The skillsets of managing a successful development company deliver him a strong ability to represent real estate sellers and buyers in achieving their desired goal. Stephen still plays an active role in the development and management of projects in Costa Rica but with a growing family he has focused his services on his home of Coastal Orange County. Prior to his career in real estate Stephen held a position as an executive assistant working on several major motion pictures with studios such as Marvel, Universal, Warner Brothers and Disney. This experience forged his abilities to work in highly detailed and time sensitive projects and delivered results to professionals at the very highest level of the motion picture industry. His belief that a deal can always be achieved makes him a superb candidate as your agent.
pcgcompass.com Page 7
Featured Listing
Contact us for more details. $9,995,000 Breathtaking and unobstructed views of Newport Harbor, Fashion Island and mountain peaks from all levels at this spectacular, private bay front home re-built to perfection from the studs in 2009. Towering above other properties, this unique 3-story home and corner location delivers height and size that cannot be duplicated under current building guidelines. This rare and inviting home has been meticulously maintained by the current owners that supervised the extensive renovation and shows pride of ownership at every turn. A unique opportunity for the most discerning buyers searching for the ultimate in waterfront luxury. • • • • • •
Approximately 5,300 square feet 4 Bedrooms & 4.5 Bathrooms (easily converted to 6 beds/5.5 baths) Lot size approximately 5,092 square feet Dock to accommodate a 50’ boat Re-built in 2009 4 car garage with 2 additional parking spaces
Page 8
Page 9
Record Sales | Last 90 Days
67 Greenhouse, Irvine Sold for $979,000 Highest model sale on record. $59,000 more than the closest model match
Page 10
28179 Via Del Mar, San Juan Capistrano Sold for $1,115,000 Highest sale in the tract in last 2 years
124 Calle Redondel, San Clemente Sold for $1,450,000
Highest priced sale and highest price per square foot in the neighborhood in the last 12 months
19375 Countrywood, Yorba Linda Sold for $3,400,000 3rd highest priced sale in Yorba Linda in 2020 Sold at 97% of list price
Page 11
1514 W Oceanfront, Newport Beach $5,995,000
Rare legal oceanfront Triplex in highly desired, central oceanfront location on the boardwalk between the two piers was recently remodeled earlier this year. Excellent income history with proven track record and immaculate condition. Stunning unobstructed “sit-down� ocean, Catalina and sunset views from the 2 front units. Recent upgrades include termite clearance, new interior and exterior paint in all units, remodeled kitchens, new tiled bathrooms with seamless glass showers, double sinks and quartz countertops. All 3 units are 2 bedroom and 1 bath. www.1514woceanfront.com Page 12
Projected Net Income: $202,000 Projected Cap Rate: 3.37% Unit A
Unit B
Unit C
Unit A Gross Income $146,131 Projection Unit A • Oceanfront Upper Unit • 2 Bed • 1 Bath • Approx. 1100 SF
Unit B • Oceanfront Lower Unit • 2 Bed • 1 Bath • Approx. 900 SF
Unit B
Unit C
Total
$148,470 $79,626 $374,227 Unit C • Non Oceanfront Lower Unit • 2 Bed • 1 Bath • Approx. 800 SF
Essentials • Approx. 2,800 Total SF • 3 Single Car Garages • Lot 3039 SF • Built in 1957, Renovated in 2020 Page 13
Compass Concierge Compass will cover the upfront costs of select services recommended by agents to increase the selling price and shorten the time on market. We’ll manage the entire process and maximize your home’s full potential with reimbursement at closing.
Strategic Staging
New Furniture
Fresh Paint
New Flooring
SERVICES MAY INCLUDE Staging Deep-cleaning Decluttering Cosmetic renovations Landscaping Flooring Page 14
Interior + exterior Painting HVAC Roofing repair Moving + storage Pest control
Custom closet work Fencing Electrical & Plumbing Countertops Kitchen improvements Bathroom improvements
Case Studies 34887 Doheny Park Place, Capistrano Beach
Previously listed with another agent for over two years. Multiple offers in the first week. Sold for 97% of list price. Before
After
1846 Tradewinds, Newport Beach
Previously listed with another agent with no offers. PCG used Compass Concierge and received multiple offers in just 6 days of going back on the market with no price reduction and sold at 99% of list price. Before
After
124 Calle Redondel, San Clemente
Compass Concierge funded $75K to help complete the construction and landscape which resulted in the highest priced sale and highest price per square foot in the neighborhood in the last 12 months. Before
After
1515 Priscilla, Newport Beach
With Compass Concierge, we fronted the cost to update the flooring, paint and staging with no interest to the seller which resulted in selling the home in 2 weeks with multiple offers. Before
After
Page 15
PCG SUCCESS STORIES PRIVATE EXCLUSIVE - NEWPORT BEACH | $3,175,000 Represented Seller and Buyer, sold the buyer’s departing residence in 30 days and closed both transactions concurrently.
1515 PRISCILLA, NEWPORT BEACH | $1,775,000 Sold in 2 weeks with multiple offers
413 E EDGEWATER, NEWPORT BEACH | $3,125,000 Sold off market and represented buyer and seller Page 16
34887 DOHENY PARK PL, CAPISTRANO BEACH | $3,200,000 Sold at 97% of List Price – Previously listed by another agent for 2 years without an offer
31597 TABLE ROCK, LAGUNA BEACH | $8,300,000 Oceanfront sold during COVID-19
112 S LA SENDA, LAGUNA BEACH | $7,255,000 Closed at $155K more than previous escrow pre-COVID19
1846 TRADEWINDS, NEWPORT BEACH | $2,375,000 Previously listed by another agent with no offers. PCG had multiple offers in 6 days and sold at 99% list price. Page 17
Featured Listing
1948 Santiago, Newport Beach 5 Bed | 4.5 Bath | 4,025 SF | $3,395,000 Enjoy beautiful panoramic views of the Back Bay, mountain-scapes and glittering city lights from this meticulously maintained Dover Shores masterpiece. Enter through your gated courtyard with a private pool and sitting area guiding you into the main entry. Once inside, take in the cathedral beamed ceilings, custom built-ins, inviting fireplace and open floor-plan. This home was designed for entertaining family and friends with every living space having seamless indoor/outdoor access from the family room, dining room and kitchen. Relax on your large deck overlooking the beautiful Back Bay as the sun graciously sets. Downstairs you will find 3 spacious bedrooms, laundry room leading to your rare, spacious 3 car garage. Find your way upstairs to the large master suite with large picture windows where moonlight and glistening water are the last thing you will see before you fall asleep. Your spa-like remodeled master bathroom includes a large shower, stand-alone tub and separate vanity areas tied together with a picturesque window where you can enjoy the views. As a Dover Shores resident, you’ll gain access to the use of 3 private beaches along the Back Bay, plus many hiking/biking trails and kayaking throughout adjacent nature preserve. Page 18
Featured Listing
2325 E 16th Street, Newport Beach - New Construction 4 Bed | 4.5 Bath | 3,450 SF | $3,695,000 This one-of-a-kind soft contemporary show stopping property is rich with sleek modern design, open spaces, light & impeccable finish work. The grand entry welcomes you home, guiding you graciously into the great room with chef’s kitchen with Thermador appliances opening to the dining & family living spaces. Gaze up to the 11ft ceilings as your beautiful Warren Christopher wood floors lead you seamlessly from indoor to outdoor living. What better way to embrace the beautiful Newport Beach sunshine and mild evenings in your back yard oasis with a glittering pool & relaxing spa, covered dining area, built in barbecue & fire pit. Retreat to your spacious master suite which overlooks your picturesque yard & pool with your spa like bathroom fully equipped with every luxury & convenience. The 3 spacious secondary bedrooms have been thoughtfully planned to provide family & guests with privacy & comfort, all featuring ensuite bathrooms. Fully equipped with the latest technology including Sonos Audio, speakers, smart light, thermostat & pool control, in-wall iPad, network/alarm prewire, 8 cameras, Ring, smart door lock & electric car charging. This single level masterpiece has it all, with completion estimated to be in November 2020. Page 19
Sell your home and keep your Privacy with Compass Private Exclusive Listing your home as a Private Exclusive allows you to control what information is shared about you and your most personal asset - your home - while still getting exposure to top agents at Compass. What to expect: Discretion, Flexibility, Quality, and Value.
Page 20
Sold - Private Exclusive
Newport Beach | $3,175,000 | 6 Bed | 5 Bath | 4,000SF Utilizing our Compass Private Exclusive platform, we were able to work with the homeowner to market the property without putting the home on the MLS. In the first two weeks of our marketing efforts to our network and within Compass, we had almost 15 groups through the property and multiple offers. We managed to find a great buyer for the home with a great family that we knew would love the street and the community. The only caveat was they needed to sell their home which needed some updates and staging to maximize the value. We utilized our Compass Concierge Program, fronting the costs at no interest for replacing flooring, bathroom tile, paint, landscape and staging. We successfully sold the buyer’s property in under 30 days with multiple offers. In addition to that, we found a replacement property for the sellers off-market that was absolutely perfect and closed everything concurrently. Selling a home in today’s market can have many challenges and moving parts. Our team specializes in maximizing value, strong negotiation and walking our clients through every step of the process. Contact us for a strategic marketing consultation and learn about how we are achieving amazing results for our clients and how we can help you.
Page 21
Luxury is an Experience,
Not a Price Point
Although Compass Real Estate sells some of the world’s most expensive properties, it is important to highlight that luxury is an experience, not a price point. We represent homes of the highest quality in all categories. in 2019, 44.5% of PCG’s transactions were properties under $2 million.
2019 Transactions by Closed Volume
16.5% $5 Million and Up
20%
14%
Up to $1 Million
30.5%
$3 - $5 Million
$1- $2 Million
19%
$2 - $3 Million
Average Days On Market: 27 Average List vs Sell Price: 99.5% Achieved Information per CRMLS for 2019 - deemed reliable but not guaranteed. Compass is a real estate broker licensed by the state of California and abides by equal housing opportunity laws. License number 01527365. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
Page 22
Sales under $1,000,000
21498 Bastia, Mission Viejo $710,000
24816 Jeronimo, Lake Forest $830,000
125 Chadron, Ladera Ranch $575,000
31 Pierremont, Aliso Viejo $840,000
21912 Cosala, Mission Viejo $750,000
34475 Calle Carmelita, Capo Beach
5872 Camphor Ave, Westminster $757,000
26626 Beecher, Robinson Ranch $875,000
24081 Barquero Dr, Mission Viejo $804,000
67 Greenhouse, Irvine $979,000
$855,000
Page 23
FEATURED LISTINGS IN ESCROW
32761 CAMARON DANA POINT | $1,199,000
430.5 HELIOTROPE CORONA DEL MAR | $1,700,000 IN ESCROW
COMING SOON CORONA DEL MAR | $2,495,000
1615 ANITA NEWPORT BEACH | $3,595,000
SOLD
112 VIA YELLA NEWPORT BEACH | $2,850,000
23478 RIDGEWAY MISSION VIEJO | $1,250,000 IN ESCROW
2624 OCEAN BLVD CORONA DEL MAR | $7,773,333 Page 24
509 POPPY AVENUE CORONA DEL MAR | 3,295,000
Find all of our listings at pcgroupoc.com.
32091 POINT PLACE LAGUNA BEACH | $5,200,000 SOLD
34887 DOHENY PLACE DANA POINT | $3,200,000
502-504 BALBOA NEWPORT BEACH | $2,975,000 SOLD
2021 SANTIAGO NEWPORT BEACH | $4,495,000
SOLD
1846 TRADEWINDS NEWPORT BEACH | $2,375,000
30521 SHELTER CANYON RD. TRABUCO CANYON | $2,895,000
19892 SUMMIT TRAIL ROAD TRABUCO CANYON | $2,995,000
38280 VIA MAJORCA MURIETTA | $6,995,000 Page 25
Featured Listing
32091 Point Place, Laguna Beach Perched majestically above famed Thousand Steps Beach, 32091 Point Place is an icon of the South Laguna coastline. It’s situated at the very point of Point Place offering privacy in a location with epic whitewater views and expansive sandy beaches. Recognized for its significance in Laguna Beach’s history, its mid-century architectural flair with touches of beach bungalow warmth and personality frame the never-ending Pacific Ocean and Catalina views. Multiple terrace and outdoor deck living spaces are situated to enjoy quintessential year-round living by the sea. 2 Bed | 2 Bath | Approx. 1,300 SF | $5,200,000
Page 26
Featured Listing
2624 Ocean Blvd, Corona Del Mar BREATHTAKING VIEWS! If you have been waiting to find that “special” property with spectacular sunsets, look no further. Sit and relax on the over sized front patio with built in BBQ overlooking the Newport Harbor jetty entrance, the world famous “Wedge” surf, sparkling Catalina Island & sunset views and Palos Verdes in the distance. This custom home designed by renowned architect, Ian Harrison, sits on one of the most prestigious streets in Corona Del Mar. This home offers an inspired lifestyle that can only truly be appreciated first hand. 3 Bed | 3.5 Bath | Approx. 2,688 SF | $7,773,333
Page 27
SUPPORT LOCAL Team picks on our local favorites.
Fill Bakeshop and Creamery Opened with the purpose of bringing a taste of Hawaii to Costa mesa. They currently offer dairy and vegan small batch ice cream, mochi doughnuts, as well as a variety of drinks such as POG juice, hot coffee and iced drinks.
Olea Orange County-based restaurateur Russ Bendel is bringing a sister restaurant to his thriving wine country concepts, Vine and Ironwood, to the Newport Beach/Costa Mesa dining scene. OLEA, named for a genus of trees that flourish in warm and tropical regions.
Country Club As one of the oldest continuously operating drinking establishments in Orange County, The Country Club offers a unique dining and drinking experience for guests 21 and over, exclusively. A chef-driven menu of classic American cuisine is complemented by a full bar of premium spirits & signature cocktails.
Kit Coffee KIT is your local neighborhood coffee shop located in the Newport Beach / Costa Mesa district. Rooted in local community, we serve as a place of gathering for our neighbors & visitors. Pop in for your favorite coffee, stay for brunch, and sit amongst beautiful greenery.
Fable & Spirit STEPHEN WALSH’S RESTAURANT PICK Adding to the growing culinary scene that can be found in and around Newport Beach’s Lido Marina, Fable & Spirit aims to present a progressive, modern dining experience in a dynamic setting that plays into the colorful, playful mythology of Irish culture.
Page 28
Your complex needs deserve personalized solutions from the Edward Jones Client Consultation Group (CCG). CCG partners with us and your trusted professionals (CPAs, attorneys) to review complex situations and develop a tailored financial strategy. We focus on understanding what’s most important to you, using our established process to build personalized strategies designed to help achieve your goals – and keep you on track.
Specialized Team, Deep Expertise
FINANCIAL ADVISOR
CCG professionals have backgrounds in specialized areas such as: • Estate matters – Financial considerations related to beneficiary, trust and charitable planning EDWARD JONES HOME OFFICE
• Executive compensation – Stock restrictions, options and over-concentrations, deferred compensation
YOU
BRANCH OFFICE ADMINISTRATOR
CCG
• Business ownership – Transition to retirement, succession plans and employee compensation
• Significant lump sums – Legal settlements, inheritances or professional athletes
LEGAL AND TAX PROFESSIONALS
• Income strategies – Portfolio allocation and risk management for life events • Protection strategies – Life insurance, long-term care and disability insurance CCG can enhance the services we provide by building on the strategies we already have in place. Let’s review your assets and personal situation, allowing us to evaluate whether your situation qualifies for a partnership with CCG.* *Working with CCG may not be appropriate for all clients. FAP-7568
Edward Jones, its affiliates, financial advisors and Edward Jones Client Consultation Group (CCG) do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning, and work with their attorney for matters involving trusts, estate planning, business planning and other legal matters. Insurance products are offered in conjunction with Edward Jones’ licensed insurance agency affiliates.
Tim Yost
Financial Advisor
edwardjones.com Member SIPC
3700 Newport Boulevard Suite 104 Newport Beach, CA 92663 949-612-8325 FAP-6442E-A EXP 30 SEP 2021 © 2019 EDWARD D. JONES & CO., L.P. ALL RIGHTS RESERVED.
Page 29
SEE WHY OUR CLIENTS
LOVE US
“Art is the best and we highly recommend him! Working with him was such an easy, smooth process. We couldn’t have asked more from Art. He was there for us every step of the way and eased all our anxieties. He was very responsive even late at night or on the weekends when my husband texts or calls him about anything. Art made everything easy for us and lined up excellent cleaners, stagers, painters, landscapers, and everything else we needed to sell our house at the highest price! We got an offer on our first day on the market. On the third day, we accepted an offer that was higher than our listed price. Art was confident the whole time that we would sell it easily and at the price we wanted. We were also impressed with Compass Concierge and their Capital Program. Both my husband and I audibly said “wow” when everything just went through so quickly, literally seconds of signing up. Everything was so seamless and we couldn’t imagine having a better experience. When it comes to knowledge, experience, and professionalism, Art is the only guy we’d want to work with.” Troy and Liz H.
“I trusted Steve and Compass to sell my home I recently bought in San Clemente, California. At first I was nervous that their office location in Newport Beach would be an issue, but it proved to be a non-factor. Steve was able to make it on-time to all showings and open houses, and there were a lot of them. The house had numerous hurdles throughout the sale, that were no fault of Steve’s, and he rose to the challenge. From COVID, to a neighborhood nuisance, to construction behind the lot - Steve was able to navigate the process with a positive forward-thinking attitude. Use Steve and Compass, and dont forget to ask about their Compass Concierge program which got my project across the finish line!” Timothy N.
“Stephen and Art were wonderful in helping us purchase our new home. When we found our dream home, they helped us secure it by getting our current home ready for sale in a timely manner. They helped us find contractors for renovation, a stager to help us get our home “show ready”, and helped us work with our buyers to give us more time. Stephen and Art were very friendly and professional, and knowledgeable too. We feel they were vital in making our dreams come true!” Kendra D. Page 30
“Stephen’s strengths in marketing and negotiation allowed him to present multiple offers in just 35 days. In the luxury market where homes can be on the market, in our area, for over 200 days this was a great result for my family. We were able to move onto the next chapter without the stress of wondering when our home would sell. Stephen negotiated an all cash, noncontingent offer with a fifteen-day escrow. I highly recommend Stephen as a real estate advisor that will think outside the box to achieve amazing results” Aida W.
“Art Heckman is a true professional. We have worked with Art to list and sell 2 of our properties. The first home we listed with Art in the Dover Shores area in Newport Beach, we had previously listed with another broker who listed the property at $3.1M. We did get an offer, but the escrow didn’t work out and we came off the market. When Art took over, he made recommendations on preparing the home and connected us with a great stager that helped emphasize the valuable features and space of our home. We ultimately sold that property for $3,550,000 over $400,000 above the previous list price. We listed our home in Huntington Harbour with Art. It was a unique waterfront property with a large dock and needed significant updates and remodeling. Art brought a creative approach utilizing his designer to create realistic renderings of the home to help inspire the buyers vision for what could be done to the property and ultimately sold the home in almost half of the average days on market in our area. We highly recommend Art to anyone who is considering selling their property because he is honest, hardworking, creative and communicates well. He walked us through the process so we were prepared, able to make informed decisions and knew what was happening every step of the way.” Adam and Julie H.
“Steve was relentless in his approach to selling our property. We had previously been on the market for over 300 days with only one, extremely low offer. Steve brought us multiple offers within the first few weeks of listing the property and was able to close the deal in under 90 days. His professional and intelligent approach to sales helped us achieve our goals and move forward with other investment opportunities.” Tom C. Page 31
Consistently delivering the highest prices in the shortest amount of time with white glove service.
341 Bayside Drive, Newport Beach, Ca 92660 pcgcompass.com
$1.1B+
#10
Career Sales Volume
Ranked team in OC for Sales Volume
$134M
900+
2020 Closed and Pending Sales
Successfully Closed Transactions
Art Heckman 949.630.5511
Stephen Walsh 949.235.3517
DRE# 01814007 REALTORÂŽ art.heckman@compass.com
DRE# 02075027 REALTORÂŽ steve.walsh@compass.com
Compass is a real estate broker licensed by the state of California and abides by equal housing opportunity laws. License number 01527365. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
Page 32