south bay
™
FIND YOUR PLACE.
WWW.SOUTHBAYDIGS.COM MARCH 23, 2012
UNIQUE MALAGA COVE RETREAT WITH
PANORAMIC OCEAN & QUEEN’S NECKLACE VIEWS offers the ultimate southern california lifestyle.
Check the details on p20
Offered by The Edler Group Peninsula Sotheby’s International
FIND OUT WHY
I’m a
HOUSESOLD NAME IN THE
3108 VISTA, MANHATTAN BEACH • • • •
3 Bedrooms and 3.5 baths Including an Opulent Master Suite 2000 Square Feet of Living Space Ocean Views to Malibu 2 Car Garage + an Additional Space
Drenched with natural light in every nook and corridor, this nearly new Single Family Home is located on a corner lot in the heart of the sand section. This Custom home offers excellent proximity to one of the best stretches of beach in Manhattan, in a quieter family friendly area near Grandview School. Yes there are ocean views towards Malibu from the upper living area of this quality built home, but these are not the primary focus of this contemporary beach retreat.
A STEAL AT $1,589,000
SOUTH BAY
NOT ON THE MLS • 101 HIGHLAND, MANHATTAN BEACH • • • • •
Built in 2003 with over 2000 Square Feet of Living Space 4 Bedrooms and 3.5 Baths (3 Bedrooms on one Floor) Maple Floors and Cabinets, with Granite Counters Island Kitchen and Formal Dining Area 2-car Garage plus a Covered Space.
This spectacular South End Townhome sits on a corner lot and offers a truly inspired floorplan, and excellent South Westerly views of Catalina Island, with an upper living level that is awash in natural sunlight, that has a lot of wall space. You can actually sit and watch television without any glare, AND see the view at the same time.
OFFERED AT $1,599,122
Twitter.com/LetFreedmanRing
RobertFreedman 310-291-7779
# 1 I N T H E R E / M A X M B O F F I C E F O R 2 0 1 1 - AG A I N !
exceeding expectations
Dear Neighbors,
BANK
OF
MANHATTAN’S mortgage management team understands what it takes for loan
officers to be successful. We set high service standards, offer competitive pricing and provide alternative mortgage solutions in addition to the commoditized mortgages of the big banks. Local presence ensures our clients will have peace of mind in knowing their loan officers have personal relationships with the Bank’s underwriting, processing, and closing teams – ensuring a seamless mortgage experience.
CHRISTIAN SALCEDA
SVP, Western Region 310.798.5501 | BankManhattan.com
TRUST. PARTNERSHIP. SECURITY. COMMITMENT. 310.798.5501 | BankManhattan.com South Bay • West Los Angeles • Woodland Hills • Orange County • San Diego BOM is an equal opportunity employer; for confidential consideration for employment please send your resume to CSalceda@BankManhattan.com
Christopher Almonte 310.798.5508
Beth Antilla 310.606.8045
David Curry 310.606.8028
Jim Darr 310.798.5518
Todd Fite 310.798.5512
Eric Formiller 310.321.1425
Karen Georgouses 310.798.5516
Ron Goodlin 310.798.5514
Nate Kuchera 310.798.5504
Ron Murray 949.612.7713
Bree Noble 310.321.1424
Josh Reikes 310.798.5509
Rick Ellis 310.798.5519
Rick Heard 310.606.8011
Malcolm Stevens 310.321.1423
Marcie Tatman 310.606.8035
10/1 Jumbo ARM, NO Points, 3.875% (3.910% APR), $1,500,0001 New Initial Payment: Payments 1-120: $7,202, Payments 120-360: $7,202 fully indexed rate 30 Year Fixed, NO Points, 3.750% (3.835% APR), $417,0002 New Initial Payment: Payments 1-360: $1,931 Payment examples do not include taxes and insurance; actual payment will be greater. Example #1 assumes a purchase loan of $1,500,000 loan amount financed at the rate, APR, term noted above at maximum 80% loan-to-value, 34% DTI, with a 720 credit score and 1 year prepayment penalty may apply. The loan program example above converts to 2.25 over 1 year Libor after the initial fixed rate period adjustable annually thereafter. As of 03/07/12, the 1 year LIBOR index is 1.06%. Example #2 assumes a loan of $417,000 loan amount financed at the rate, APR, term noted above at maximum 80% loan-to-value, 45% DTI, with a 720 credit score and no prepayment penalty. Nothing herein is or should be interpreted as a commitment to lend. All loans are subject to credit and property approval. Rate and Annual Percentage Rate (APR) stated above are as of 03/13/2012. The payments noted above are principal and interest payment. Terms may vary, conditions and restrictions apply. Actual rate for the loan is determined at time of rate lock based upon program and terms requested. Rates and terms are subject to change without notice. ARM=Adjustable Rate Mortgage NMLS# 401422 Š2012 Bank of Manhattan, N.A.
LIS NEW TI NG
LILY | LIANG Presents:
Expansive Luxury Estate, Rolling Hills This sprawling 12,000 square foot home is set on 2 acres and features 6 bedrooms, 8 baths & 2 offices. Gourmet kitchen featuring European imported cabinetry, double Sub-Zero fridge/freezer, Miele appliances, Professional grade Wolf oven, Butler’s Pantry, & glass-top center island. Dining room has custom table made of bleached maple with seating for 12+ & custom lighting. Formal living room has imported Italian chandelier & sconces and a beautiful fireplace made of imported French limestone. Master retreat with large sitting area, walk-in closet, fireplace, luxurious master bath with granite counters & flooring. Downstairs there is a Climate-controlled wine cellar with room for 1500+ bottles & one of the finest home theaters with large screen, comfortable oversized chairs, love-seats & ottomans. There’s also a large family room with wet bar, a recreation room w/ pool table, maids quarters & exercise room.
LIS NEW TI NG
LIS NEW TI NG
$6,999,000
1103 Via Curva, Palos Verdes Estates
Terranea
4,700 sq. ft. of living space, 6 bedrooms, 5.5 baths, has breathtaking views of the lush, green
A fabulous opportunity to own a second home at the beautiful Terranea Resort!
hills of Palos Verdes and the Pacific Blue Ocean. The home has been remodeled by the esteemed
The exquisite two-bedroom + den residence boasts over 2000 sq.ft. and resonates
designer Edward Beall. An artist’s touch and attention to detail is found in every room.
with classic California design, including a fully equipped gourmet kitchen with
Each level has two bedrooms with plenty of privacy and the lower level features a large wine cellar,
Viking appliances, and a gracious outdoor patio with fireplace.
gym and a dark room. The backyard has been transformed into a botanical garden filled with old
The resort services & amenities include a 9-hole golf course, full service spa,
world charm and has plenty of room to entertain and enjoy the beautiful sunsets.
3 pools, beach access, gourmet restaurants, concierge & maid service.
$2,498,000
Units $1,395,000-$2,395,000
Palos Verdes’ Finest Homes & Estates for over 29 years!
1696 Via Coronel, Palos Verdes Estates A private estate formerly owned by a celebrity athlete offers resort style living at its best! This secluded 9,422 sq.ft. estate boasts panoramic Pacific Ocean views from almost every room. A total renovation was designed and completed by the architect Don Hendrickson. 5 bedrooms, 9 bathrooms, Library, Office, Family Room, Eat-in Gourmet Kitchen, Gym, Sauna, Wine/Cigar Cellar and 2 separate Staff Quarters with Kitchen/Dining and Laundry Facilities. Landscaped lot also features a Pool/Spa and Outdoor Kitchen, a desirable N/S Tennis Court, and a 9-car Garage.
$7,499,000
65 Paseo De La Luz, Rancho Palos Verdes
2903 Vista del Mar, Rancho Palos Verdes
7,985 sq.ft. Home with 5 Bedrooms, 6 Bathrooms, Library, Gourmet Kitchen with Secondary Kitchen, Game Room.
Top of the world, 5 bedrooms, 6 baths, over 7,000 sq. ft. on 1 acre ground. Panoramic ocean, Catalina island, city, coastlines, sunrise and sunset. See to believe!
$4,195,000
$3,850,000
1271 Via Landeta, Palos Verdes Estates
8 San Miguel, Rolling Hills Estates
20 Calle Viento, Rancho Palos Verdes
Over 6,800 sq.ft. w/ View, Pool/Spa, Quiet Street, Panoramic Views, One of the lowest price per square foot in Upper Lunada Bay.
One Level Home, 4,260 sq.ft. 4 Bedrooms plus Office, 7 Bathrooms, Huge Master Suite, Pool & Spa, 4-Car Garage.
Newly Built in 2004, 25,000 sq. ft. Lot, 3 Bedrooms Suites, Guest House, 3 Car Garage, BBQ & Outdoor Fireplace.
$2,698,000
$2,799,000
$2,498,000
LILY | LIANG 310.373.3333 www.lilyliang.com | lily@lilyliang.com dre #00837794
$5,000,000 South Bay Brokers
$4,682,243
Shorewood Realtors
$4 , 000 ,
$4,145,570 000 ReMax Palos Verdes
$3,853,801 TURNING REAL ESTATE DATA INTO $3,00 KNOWLEDGE FOR YOU PROFITABLE 0,
00
0 www.southbaybrokers.com (310) 546-7611 on data from the Los Angeles Business Journal * Based Residential Real Estate Brokerages published March 5th, 2012
2011-2012 BUSINESS SPONSOR FOR BETTER SCHOOLS
JACK GILLESPIE ********* YO U R R E A L E S TAT E B R O K E R FOR 38 YEARS
1700 Elm Street MANHATTAN BEACH
Priced to Sell at $2,189,000
This gorgeous tree section Cape Cod home sits high on a corner lot attracting an abundance of natural light. The generous floor plan features 5 bedrooms and 4.5 bathrooms. It also includes two large living areas, a spacious gourmet kitchen featuring stainless steel appliances and a breakfast nook, a formal dining room and office on the first floor. This 3,200 sq. ft. home allows for it to include a good size backyard, as well as a grand front walkway and entrance. Some of the many attractive finishings throughout the home include Brazilian Cherry hardwood floors, Wains Coat, and granite countertops in the kitchen and bathrooms. Come and see this artful and immaculate home, you will not want to leave!
COMING SOON! 209 16th Place MANHATTAN BEACH Louis Tomaro custom home, Over 5000 sq ft of living space, Walk Street location, Huge ocean views from 2 levels, Designer finishes throughout.
$5,600,000
(310) 802-4344 JACK.GILLESPIE@SOUTHBAYBROKERS.COM DRE # 00426498
dream } home
dream home /drēm hōm/ noun a strongly desired home or property that fully satisfies a wish
}
It’s your time… Market conditions are favorable and time is on your side. It’s a great time to make your move.
Here is your plan... Whether you’re considering buying or selling a home, call on the Realtor to help you navigate the market to your advantage and make new home dreams your reality.
THE PERFECT WEEKEND GETAWAY FOR ONLY $585,000! Just 3 hours North of Los Angeles Find Serenity on Acreage!
WHOLE OWNERSHIP PRIVATE LAND FOR SALE NEXT TO TERRANEA RESORT! Land Loans available with up to 65% Financing
TRICIA RAPAPORT THE
REALTOR
TRAPAPORT@REMAXPV.COM
310-378-1163 WWW.THEGoToRE.COM DRE # 01339473
STRAND LIVING IN SOUTH MANHATTAN
108 THE STRAND MANHATTAN BEACH Offered at $7,799,000 www.JohnAltamura.com
This SFR offers luxury ocean front living in a casual beach lifestyle. This 2007 Remodeled home includes:
310 546 7611
R Beautiful Brazilian cherry hardwood floors throughout R 400 sqft (BTV) deck featuring panoramic views from Catalina to Malibu R 4 beds, 5.5 baths, plus a living area on three separate levels. R Parking is not an issue as there are 3 side by side by side garage spaces R Top floor living includes the master bedroom with large walk in closet and custom romantic master bath with Jacuzzi tub. Plus large living area with a custom wet-bar including: refrigerator, sink, microwave, granite counters, and custom cabinetry
OCEAN VIEW HOME - MANHATTAN SAND
320 31ST ST, MANHATTAN BEACH Offered at $1,379,000 Great opportunity to own a turnkey SFR in the Sand Section under a $1.4 million. Amenities include: R 3 bedrooms, 2.5 baths, 1580 sq ft (BTV) of living space, 4 car on-site parking R Upstairs deck with white water ocean views R Custom master bedroom and bathroom with handmade glass tile including a double bathroom vanity with modern sinks R Sleek Masonry fireplace with mantle and travertine stone R Bamboo flooring throughout main living area, kitchen, & master bedroom
In the Top 1% of ALL Realtors in America in Residential Sales for the Past 20 Years
310.309.7595
310.291.5603
310.503.9293
ALTAMURA1213@GMAIL.COM
ALTAMURA1@GMAIL.COM
ALTAMURA1@GMAIL.COM
Vincenzo
John
Giovanni
FEATURED LISTINGS! South Torrance Fixer Opportunity
SEE MORE LISTINGS AT
NEW LISTING
22432 WARMSIDE AVENUE TORRANCE 2 bed, 1 bath, 868 Square Feet Huge flat 6,500 sf lot w/ Ocean Views! Remodel or Build New OFFERED AT
$589,000
Large South Redondo 5 Bedroom Home 418 S. LUCIA AVE. REDONDO BEACH 5 Bed | 4 Baths | 3,616 sq. ft. living 6,343 sq. ft. lot with a large kid friendly yard Oversized Chef’s Kitchen OFFERED AT
$1,299,000
REDUCED PRICE COMING SOON
COMING SOON
Panoramic Ocean View Condo
EAST MANHATTAN BEACH (2,700SF, 4 BED/3 BATH, 7K SF LOT) $1,499,000
709 N. JUANITA #5 REDONDO BEACH 3 Bed | 2 Bath | Huge Balcony REDUCED!
$609,000
SOUTH REDONDO OCEANFRONT (OCEANFRONT PENTHOUSE NEEDS UPDATING) $999K
SOUTH REDONDO (SINGLE FAMILY, NEW CONSTRUCTION) $940K
Tony Accardo Email: Tony@BeachCityTony.com • Direct: 310-855-3557 • Facebook.com/BeachCityTony.Page All information from reliable sources but not guaranteed. Buyer and Buyer’s Agent to verify.
RE# 01863340
BEACH CITY REAL ESTATE ANALYTICS: 3/6/12 TO 3/18/12 10
REGION
2011 PPF
PPF
1
RANCHO PALOS VERDES - EAST
$423
N/A
0
40
2
RANCHO PALOS VERDES - WEST
$441
$439
4
125
3
ROLLING HILLS
$660
N/A
0
18
4
ROLLING HILLS ESTATES
$428
$357
1
34
5
PALOS VERDES ESTATES
$533
$515
2
75
6
SOUTH REDONDO BEACH
$431
$345
5
109
7
NORTH REDONDO BEACH
$347
$357
7
143
8
HERMOSA BEACH
$582
$735
3
69
9
EAST MANHATTAN BEACH
$474
$617
2
51
10
MANHATTAN BEACH
$714
$671
5
119
9
7
SOLD HOMES SUPPLY
8
6
Reporting source from the MLS database for Single Family Homes and Townhome units (not including condominium or other property types). “PPF” Price Per Foot. “Supply” includes pending sales. ‘South Redondo Beach’ includes the Hollywood Riviera.”
5 4
2
TONY’S BLOG
3
1
9 out of 10 South Bay regions we track have had a significant change in inventory levels this period and you can expect this trend to continue in the coming weeks. It’s great news for the Real Estate market since there has been an increasing level of unserved demand and it’s without a doubt the beginning of home equity growth once again in our community. We’re certainly not predicting an overnight change in your home valuation back to pre-crash levels but there is absolutely… positively… unquestionably… very healthy indicators of a robust summer. (Visit Tony’s web site regularly to see more blogs and videos)
NOW AVAILABLE REDONDO BEACH ESPLANADE ESTATE NOT ON MLS 5 Bed, 6 bath, 4,800 sq. ft. New Constructed in 2007!
WANTED! SOUTH REDONDO SINGLE FAMILY NEED
ROLLING HILLS
Young professionals seek a home in with yard for their soon to be born first child! Well qualified to spend up to $1.2M
Serious Buyers desire Rolling Hills home with barn (or room for one) and qualified up to $2.5M
OFFERED AT
$3,295,000
BEACH CITY TONY
The
Millionaire’s Playground
MILLIONAIRE’S PLAYGROUND The 395-acre property is comprised of an 18 hole golf course, 113 space full hook-up RV park, and onsite restaurant. The property backs up to Angeles National Forest land on the south border and provides access to 10,000+ acres of public National Forest Land, with direct access to the Grass Mountain summit trail, Pacific Crest Trail, and trails for ATVs, horseback riding, mountain biking and hiking.
Gerard Bisignano Cell: 310-990-4727 Office: 310-376-6004 Gerard@CoastalLuxuryLiving.com www.CoastalLuxuryLiving.com
THINK OUTSIDE THE BOX
xox xox oxo
o
Creative Ideas + Focused Energy =
Strategic Real Estate Results Passion | Energy | Commitment | Urgency | Work Ethic | RESULT DARREN PUJALET 2011 LEADER IN HERMOSA CLOSED TRANSACTIONS WHY?....I SIMPLY WORK MY TAIL OFF!
(310) 613-1690 www.yourownmls.com D.R.E. #01845166
CONTENTS
PAGE 42
PAGE 20
MUSE
where’s the inventory? PAGE 20
SWEET DIGS
a stretch of the imagination contemporary home inspires artist
ON THE COVER
elegant panoramic view home photography by brian holm, avenue eye PAGE 22
LOCAL NUGGETS the rockefeller PAGE 23
HOME OF THE WEEK stunning island craftsman style home PAGE 26
LOOKING BACK marineland PAGE 52 scala luxury’s versatile puzzle cabinet
16
SOUTHBAYDIGS.COM | 3.23.2012
photography by brian holm, avenue eye.
DIG THIS
SU H OPE ND OU N AY SE 1- 4P M
BEACH LIVING AT IT’S FINEST!
469 28TH STREET, MANHATTAN BEACH
$2,179,000
A Tuscan Contemporary home in mint condition only four blocks to white sandy beaches with great waves for surfing. This Sand Section two-level home with a very open and modern floor plan offers plenty of natural sunlight and outdoor space for the pets and entertaining. Originally built in 2004, the home was remodeled in 2011, giving it the feel and appearance of a new construction model home. The home offers 4 bedrooms, 5 bathrooms, office, formal dining room, family room with fireplace and two separate living rooms. The master bedroom boasts two walk-in closets, custom fireplace and a massive master bath with jacuzzi tub and dual fixture shower for two. Four car parking total, with a 2 car garage and two car guest parking in the driveway. Located on a quiet and flat street, this amazing home is situated on an over-sized south facing full lot allowing for ocean breezes and sun all day long. Custom audio visual system, dumb waiter, CAT 5 Wiring, fire and motion sensors, alarm system and intercom throughout. Don’t worry about driving, it is an easy stroll to all the restaurants, shopping, parks and beach activities. The most discriminating buyer will be impressed.
2516 OCEAN DRIVE, MANHATTAN BEACH
$1,199,000
Views, views and location! Athletes train daily and novelists write books here from the inspiration they get this close to the ocean. Remodeled inside and out. 2 bedroom, 2.5 bath town home with hardwood floors, Viking kitchen, stone finishes, high beam ceilings and ocean views. Turnkey property within minutes of downtown MB or North MB. It’s one of those properties where you can park your car on Friday and put the keys in the drawer until Monday. Appointment only and ready to show.
309 2ND STREET, HERMOSA BEACH
Gorgeous Ocean View Townhome located just a few short blocks to the beach, parks, and downtown. This home is in pristine condition with 3 spacious bedrooms and 3.5 baths. The home’s wide open living areas include a large gourmet kitchen with stainless appliances, gleaming granite counters, and stone flooring open to dining area and sunny living room with fireplace. The living room has brand new dark bamboo floors and french doors to a sunny deck. The master suite has a fireplace and deck. The master bath has a large spa tub and separate shower as well as two sinks. The two additional bedrooms each have their own bathrooms. The small yard with artificial turf is accessible from the first floor--perfect for pets! From the roof top deck one can enjoy the beautiful ocean and coastline views while entertaining or sunning. Two car garage with room for two more cars on the apron.
Over 80 Million in Real Estate Transactions in 2011
Lauren Forbes Coldwell Banker Previews 310.901.8512 lauren@laurenforbes.com
$1,099,000
John Corrales Coldwell Banker Previews 310.346.3332 corralesjohn@aol.com
©2011 Coldwell Banker Real Estate LLC. Coldwell Banker is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Owned and Operated by NRT LLC
SOUTH BAY HISTORY TIDBITS south bay
™
MASTHEAD
PHILLIPS RANCH BY MAUREEN MEGOWAN / RE/MAX PALOS VERDES EXECS
PUBLISHER Warren J Dow
CREATIVE DIRECTOR Amanda Nelson-Sinagra
MARKETING DIRECTOR Deanna Whipp
DIGITAL MEDIA SPECIALIST Kieron McKay
In 1894, Harry Phillips Sr. built and occupied the first permanent residence on the Palos Verdes Peninsula, a small cottage near the present Rolling Hills City Hall. It was replaced in 1910 by a larger Farmstead called “the farmery” which was built in Blackwater Canyon on the current-day Lariat Lane just southeast of the intersection of Palos Verdes Drive North and Rolling Hills Road where the family lived until the late 1920’s. Harry, an Englishman, came to the Palos Verdes Peninsula in 1887, settling in San Pedro. The Peninsula, covered with chaparral, had almost no trees, and water was scarce.
CONTRIBUTING PHOTOGRAPHER
Harry Phillips Sr. was hired by the Bixby family in 1894 as the foreman of the 16,000
Paul Jonason
acres Bixby Cattle Ranch. Phillips got the job partly because of his knowledge of the Peninsula’s limited water resources. The Bixby family had acquired the land a
CONTRIBUTING WRITERS
few years earlier from the Sepulveda family, who had title to an old Spanish land
Pamela Corante-Hansen Quinn Roberts Denise Kano
Trees in the City of Rolling Hills Estates. Phillips also was responsible for planting
grant. Phillips was responsible for planting the first groves of eucalyptus and Pepper for firewood the extensive groves of eucalyptus and pepper trees in what is now the Valomonte area of Palos Verdes Estates.
DIGITAL MEDIA
Phillips brought agriculture to the region. He upgraded the Bixby cattle by introducing thoroughbred Hereford bulls and marketed the beef to a growing, hungry Los Angeles and had a herd of approx. 2,000 head of cattle. Harry farmed large areas of hay and barley, as well as lima beans and other dry farming crops. Phillips encouraged Bixby to lease coastal portions of the ranch near Portuguese Bend to Japanese farmers for $10 an acre. About forty families took him up on the offer, including longtime South Bay farmers the Ishibashi family. They raised a variety of vegetables, particularly tomatoes and peas. Henry Phillips Jr. and John “Jack” Phillips, the first son of Harry Phillips Senior. built their own ranch houses in the early 1910’s located near the east end of the area that became the Palos Verdes Golf Course in the Valmonte area of Palos Verdes Estates. Another early ranch was built at about the same time in the same area by Raymond
www.SouthBayDigs.com
McCarrell and was known as the McCarrell Ranch The Bixby Ranch was sold in 1913 to New York banker Frank A. Vanderlip Sr., who ultimately developed the Peninsula. Phillips continued to run the ranch until 1920. Two years later, he died of cancer in Lomita at age 59, according to his grandson, Harry Phillips III.
Download the South Bay Digs App at the Apple iTunes Store for iPhone & iPad
Cowboys in front of Phillips Farmstead in 1920.
South Bay Digs, 2554 Via Tejon, Palos Verdes Estates, CA 90274 Office: 310-373-0142 • Fax: 310-373-3493 South Bay Digs Magazine is published every other Friday by m3 Media, LLC. Reproduction in any form or by any means is strictly prohibited without the prior written consent from m3 Media LLC. The Publisher and advertisers are not responsible or liable for misinformation, misprints, or typographical errors. All advertised properties are subject to prior sale or withdrawal without notice. Real estate advertised in this publication is subject to the Federal Fair Housing Act. M3 Media will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. Any and all submissions to this publication become the property of m3 Media, LLC and may be used in any media. TO OUR READERS: South Bay Digs Magazine welcomes your feedback and encourages reader response to our editorial features. Please send your letters to the Publisher at 2554 Via Tejon, Palos Verdes Estates, CA 90274 or via email to wdow@southbaydigs.com. Please include your name and contact information. Letters may be published and we reserve the right to edit. ADVERTISING: For inquiries, please contact Publisher Warren Dow at 310-373-0142. SUBSCRIPTIONS: Subscriptions are $26 per year. Subscribe by email: contact@southbaydigs.com © 2012 m3 Media, LLC. All rights reserved.
For more local history, see www.southbayhistory.com 18
SOUTHBAYDIGS.COM | 3.23.2012
JU SO ST LD !
0 ROCKINGHORSE RD., RANCHO PALOS VERDES Fantastic Upper Rockinghorse 4 bedroom, 2.5 bath 3,047 sq. ft. Family Home on approx. half acre lot and a second adjacent lot of similar size. Large backyard with Beautiful Pool and a 3 car garage. Home has been updated, has a new roof and shows beautifully. Features include all new paver stone pool deck and pool upgrades, new exterior painting and landscaping, new bath fixtures, rebuilt fireplaces with gas logs in family room, living room fireplace, travertine entry floor, new front and back doors, new kitchen hardwood floor, and more.
ES
I CR N OW
!
SELLING PRICE $1,275,000
22 MELA LANE, RANCHO PALOS VERDES
Spectacular Ocean View Condo. Gorgeous 2 bedroom, 2 bath, 1,068 sq.ft. condo with brand new kitchen, with granite counters and new appliances. Wood laminate flooring. Gated complex with resort amenities.
This stunning 3 bedroom plus Office, 3.5 bath, 3.064 sq. ft. Home in the Private gated Villa Verde area is Decorator Perfect, with a 180 degree View from the Ocean to the Mountains, making for a spectacular “Queen’s Necklace” & City light View. It is Light Filled, with Soaring Ceilings, Hardwood floors, Leaded Glass Windows, and French Doors. The upstairs has an open Floor Plan in the Kitchen, Breakfast area, and Family room. Enjoy the views from the Balcony off of the Living Room or the Huge Lower Deck with a Spa overlooking the Community Pool. Other features include 3 Fireplaces, all Bedrooms with ”En Suite” Baths, Built-in Cabinets, Large Storage Closet and attached 2 Car Garage. 2 Tennis Courts, Gazebo, Spacious Green Grass and Open Space. This is very Private Enclave of 33 Homes with Security Gates.
Offered at $399,000
Offered at $1,195,000
6542 OCEAN CREST DR. D306, RANCHO PALOS VERDES
For virtual tour, go to: www.PalosVerdesLiving.com
Maureen Megowan 310.541.6416
Take a seat. I’ll do the rest.
MaureenMegowan.com (QSC, PV Specialist, SRES, SDPE)
Web blog: mmegowan.activerain.com
PUBLISHER’S MUSE
ON THE COVER
WHERE’S THE INVENTORY? Looking at the available inventory of homes for sale in the South Bay reveals some interesting trends and begs the question — where’s the inventory? For instance, the total number of available Single Family Homes for sale as of March 19th in the cities of Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills & Rolling Hills Estates is only 331, compared to 939 this time last year. In other words, there are 608 less homes available for sale this March vs. last March 2011! INVENTORY SNAPSHOT (Year-Over-Year / as of March 19th 2012) MANHATTAN BEACH 90266 Current Active Listings = 64 vs. 130 Active Listings in March 2011 *Last Year’s Peak inventory was 135 in May 2011. HERMOSA BEACH 90254 Current Active Listings = 27 vs. 61 Active Listings in March 2011 *Last Year’s Peak inventory was 61 in March 2011. REDONDO BEACH 90277 / 90278 Current Active Listings = 62 vs. 120 Active Listings in March 2011 *Last Year’s Peak inventory was 121 in May 2011. PALOS VERDES ESTATES 90274 Current Active Listings = 57 vs. 85 Active Listings in March 2011 *Last Year’s Peak inventory was 89 in June 2011. RANCHO PALOS VERDES 90275 Current Active Listings = 84 vs. 146 Active Listings in March 2011 *Last Year’s Peak inventory was 159 in April 2011.
ELEGANT PANORAMIC VIEW HOME This unique Monte Malaga retreat exemplifies refined Southern California lifestyle. Boasting panoramic views of the Pacific Ocean and the Queen’s Necklace coastline, the impeccable two-story home is newly remodeled as of 2008. Updates include the finest modern amenities, such as Kolbe windows with custom treatments, central air and heat, surround sound,dumbwaiter, tank-less water heaters, and all-new electrical and plumbing.
564ViaMedia.com
$2,695,000
THE EDLER GROUP Local Touch, Global Reach
RICK EDLER
KITTY EDLER
Direct: (310) 872-4333
Direct: (310) 283-8790
rick.edler@peninsulasir.com DRE# 01113145
kitty.edler@peninsulasir.com DRE# 00800837
DARIN DeRENZIS Direct: (310) 418-6210
darin.derenzis@peninsulasir.com DRE# 01760239
VIEW ALL PROPERTIES THE NEW EDLERGROUP.COM Office: (310) 421-2814 Fax: (310) 265-8889
20
SOUTHBAYDIGS.COM | 3.23.2012
“To state the facts frankly is not to despair the future nor indict the past. The prudent heir takes careful inventory of his legacies and gives a faithful accounting to those whom he owes an obligation of trust.” - John F. Kennedy
This issue’s front cover home is a unique Malaga Cove Retreat with Panoramic Ocean & Queen’s Necklace Views. Offered by Rich Edler, The Edler Team, Peninsula Sotheby’s International. Check out the details - featured opposite. In this issue’s feature SWEET DIGS — “A Stretch of the Imagination: Contemporary Home Inspires Artist,” we check out a study in elegant innovation in Hollywood Riviera starting on page 42. Don’t miss this issue’s DIG THIS — ‘Puzzle Cabinet: unusual and creative luxury furniture’ starting on page 52. Finally, be sure to check out this issue’s Home of The Week on page 23 — a stunning Island Style Craftsman in the sand section of Manhattan Beach, offered by Linda Cleland, NW Real Estate Brokers.
Hope you enjoy! Warren J Dow, Publisher wdow@southbaydigs.com / 310-373-0142
JUST LISTED HERMOSA BEACH TOWN HOME! HERMOSADIGS.COM
1309 cypress avenue hermosa beach This newer town home was completed in 2008 and is located within a few blocks from the beach, restaurants, clubs. volleyball tournaments, jogging trail, tennis courts, farmer’s market and all that Hermosa Beach has to offer. This 3 bedroom 2 1/2 bath contemporary town home has an open living area, a great master suite including jacuzzi tub, large separate shower and walk-in closet. The beautifully designed kitchen includes granite countertops, a six burner gas range, wine fridge and separate dining area. There are new hardwood floors. two outdoor patios plus a rooftop deck with a fireplace, views of the valley and an ocean peek.
Offered at $1,149,000
Broker’s Open: Friday March 23rd. Noon to 2:00 Public Open: Saturday & Sunday March 24th & 25th. 1:00 to 4:00
john capellaro
coldwell banker
Cell: 310-463-4100 Cap@PrimeBeachRealty.com PrimeBeachRealty.com
Office: 310-802-5700 451 Manhattan Beach Blvd., Suite D220 Manhattan Beach, CA 90266
DRE# 01842507
PHOTOGRAPH BY KIERON McKAY.
LOCAL NUGGETS
WRIT TEN BY: QUINN R O BE RTS
Going through the highs and lows of owning a restaurant in its first year of business,
wines to choose from, nine of which are only $5 a glass during happy hour.
Chris Bredesen, a co-owner of The Rockefeller in Hermosa Beach, has come to one very
Doing its best to create a social atmosphere, The Rockefeller also has a long wooden
important conclusion. “It really is all about the chef,” Bredesen said. “If you don’t have a
table known as the “social table” and a patio where groups can enjoy the beautiful
good chef, your place will not be successful.”
Hermosa Beach weather.
Thanks to Wesley Pumphrey, that is something The Rockefeller, located at 422 Pier
“People love the social table. It is pretty cool. You sit down, look to your left or right
Avenue, now feels like they finally have. He’s been the key to the restaurant’s resurgence
and start chatting with strangers,” Bredesen said. “The openness on the patio has also
since taking over as head chef in December 2011.
been a key for us and is probably the most popular place to sit.”
“People come to restaurants to eat food. You can have a great atmosphere and great employees, but it comes down to having great food, Bredesen said. “The changes he made to the menu and the things he added have given the menu a whole new dimension. He even improved some of the normal items.” Following the restaurant’s motto of being ‘simple, yet gourmet’, Pumphrey offers such
“It’s fun now when you come in on the weekend or even times during the week and it is packed. It looks like everyone is having a good time.” The restaurant’s motto of ‘simple, yet gourmet’ has also taken shape in the decor. From the walls to the tables, the restaurant is covered in dark woods and black and white photos, including one of Coney Island from the 1940’s.
unique options as a lobster pot pie, kalbi cheese steak and BBQ pulled duck sandwich. He
“We have simple features, but then when you look at the fixtures, it has something
even created a new happy hour menu with items that include: chicken flautas, ahi sliders
extra that makes it nicer,” Bredesen said. “We don’t have the white table cloths, but we
and tacos del calle.
still have the black napkins. We just don’t want it to be stuffy.
With 24 beers on draft and another nine out of the bottle, The Rockefeller also has everything from fruity beers to dark lagers. The restaurant also offers over 20 different
22
SOUTHBAYDIGS.COM | 3.23.2012
“We are a somewhat classy place, but you can still come in here in sandals with just a really nice atmosphere.”
south bay
Stunning Island Craftsman Style Home!
home of the week
Offered at: $3,495,000 www.557Second.com 557 2nd Street | Manhattan Beach Sand Section Corner Lot 5 Bedrooms | 6 Bathrooms | 5,250 Sq Ft | 3,237 Sq Ft lot This masterful designed custom craftsman built in 2003 is on an extra large, street to Alley corner lot. Built by award winning builder, Michael J. Cleland, of Surfside Properties, Inc., features include: R Doug Fir solid exterior windows, doors, French sliders, railings, casings & beams R Beautiful 5-inch plank Cumaru Brazilian Teak hardwood flooring throughout the home. R Spacious family room with surround sound and fireplace that opens up to a very large 260 sq ft deck with original reclaimed French Paver. R Fabulous cook’s kitchen with roll out drawers and granite counters, Wolf range with 2 ovens, plus a third Thermador oven, 2 Bosch dishwashers, warming drawers, Sub Zero refrigerator/freezer, temperature regulated Sub Zero 132-bottle wine refrigerator, 2 walk-in pantries, Butler’s Pantry, and more…. R Beautiful Master Bedroom suite with vaulted wood ceiling, solid wood beams, and fireplace. Master suite includes a roomy walk-in closet and a separate walk-in shoe closet. R Master Bathroom has a spa-jetted tub, shower with bench, dual shower heads, hand spray, Mister Steam, rain shower and several jets. R Oversized 3-car side-by-side garage. 3 Stop Elevator. Air-Conditioning, Lighted Steps R Much More…
Linda L. Cleland Realtor
LMCleland@earthlink.net (310) 890.6208 cell DRE# 1058697
LIS NEW TI NG !
East MB Sanctuary on a Full Lot
The Picture Of Provence Steve Santos
Escape to the French countryside right here in Manhattan Beach as you relax in the Seclusion and Serenity of this Private family setting. Pick your own grapefruit in the Lushly Landscaped backyard, and enjoy al fresco dining on the Spacious Deck extending from the main house. Multiple water features accent both the front and back yards, which provide total Fencedin Privacy. Offering 3 Bedrooms and 2 Baths as well as Substantial Bonus Space, all on a Full 7500 ft. Lot, this artistically appointed home offers a very Affordable entry to all the beach has to offer. Add some wine and cheese…… • •
310.488.4924
COMING SOON
Steve@SteveSantosProperties.com A 33-Year Resident of Manhattan Beach DRE# 01440129
OPPORTUNITY KNOCKS
This ranch style 5 beds, 5.5 bath home is situated on 2+ acres of land and is on one of the best streets in Rolling Hills. It commands expansive, city lights and canyon views as well as some ocean views. Very well planned home; large family room with fireplace and sunken wet bar, expertly planned kitchen with island huge sky light, spacious yet intimate dining room and an oversized living room with fireplace that would handle any size furniture. This is a great family home and a great entertaining home with approx. 100 sq ft of covered patio and all major rooms surrounding free-form swimming pool. An exceptional value waiting for you to update and add your personal touches!!
CALL FOR PRICING & SHOWINGS!! Gordon Inman—DRE #00446156 Keith Kelley—DRE #01810798 www.RollingHillsHomes.com TheInmanTeam@gmail.com (310) 944-5554
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SOUTHBAYDIGS.COM | 3.23.2012
OPEN N U SAT/S m 2-4p
$1,125,000 1126-6thstreet.com
Joie de Vivre!!
CALIFORNIA RANCH HOUSE
“Designer Of The Dream” by renowned architect, Cliff May. A work of art in this graceful but elegant home. 5 spacious bedrooms with striking master suite and bathroom. Huge family room with fireplace and rustic-beam ceilings. Get cooking in this fabulous kitchen with state of the art appliances. There’s a 1 bedroom guest house and a 3 car garage. 2 plus acre lot with pastoral, canyon, City lights and Harbor views!! Plus pool, spa.
CALL FOR PRIVATE SHOWING!! $4,500,000
kw
KELLER WILLIAMS REALTY
N O RT H H E R M O S A WA L K S T R E E T C U S TO M H O M E 4 Bedrooms, 3 Bathrooms 2800 Comfortable Square Feet Kitchen w Thermadore Appliances His & Hers Master Closets Mahogany Hardwood Floors Walker Zanger Limestone Counters Huge Family / Media Room Enormous Roof Top Deck Basement with Private Bedroom Great Room Opens to Court Yard Walk to Beach & Restaurants Fireplace In Great Room
CALL FOR APPOINTMENT TO SEE
LIST PRICE $1,849,000
NEW DUPLEX LISTING IN N O RT H H E R M O S A B E A C H Full Street to Alley 2900 Square Foot Lot Approximately 1500 Sq. Ft. Living Area Two 2 Bedroom 1 Bathroom Units Completely Remodeled Bathrooms Rear Unit Completely Remodeled Refinsished Hardwood Floors Large Enclosed Front Patio Area Walk To Beach Shops & Restaurants New Paint & New Garage Doors Live In One & Rent Other Unit Great Investment Property Not On Market For Decades
CALL FOR APPOINTMENT TO SEE
LIST PRICE $1,099,000
C L A S S I C B E AC H PROPERTIES
BOB SALIM Cell 310.800.0003 BobSalim@hotmail.com www.jordandevelopment.com DRE:01003759
LOOKING BACK
MARINELAND CALIFORNIA’S FIRST MAJOR THEME PARK WRITTEN BY DENISE KANO
Ask anyone who was around the South Bay from the 1950s through the 1980s about
Bubbles, a short-finned pilot whale, was the first whale caught for captivity in 1957.
Marineland, and you’ll likely get a wistful, far-off look in return. For many Southern
Caught off the Catalina channel, Bubbles was believed to be about seven years old at the
Californians, Marineland evokes strong childhood memories — maybe the first time they
time. Although Bubbles died a year or so later, she was replaced with another female pilot
saw a whale jump out of the water, experienced sea life and learned about our nearby
whale, also given the name of Bubbles.
ocean, or observed dolphins up close.
“This was never communicated to the public,” said Patrick Helbling, Director of the
In 1954, one year before Disneyland opened, the world’s largest “oceanarium” at that
Marineland of the Pacific Historical Society. “This second ‘Bubbles’ continued performing
time proudly opened its doors to the public. Located on the serene Palos Verdes Peninsula
for decades. She’s now approximately 63 years old — the oldest whale in captivity — and
coast, Marineland hosted millions of visitors before it permanently closed in 1987.
at Sea World in San Diego. Bubbles is a wonderful testament to the care she received originally at Marineland and later on at Sea World.”
THE EARLY YEARS At the time of Marineland’s development, the 90-acre coastal site wasn’t much more
GOODBYE, MARINELAND
than a remote piece of real estate. However, visionary Henry W. Harris saw it as the
Marineland was purchased in 1987 by Harcourt, Brace, Jovanovich, the owners of Sea
prime spot to build a large attraction where “people could watch and enjoy life under
World, San Diego. Although the new owners promised to keep Marineland open, it was
the sea.” With an initial investment of five million dollars, Harris set about creating a
abruptly closed six weeks after the sale was completed. The treasured killer whales, Orky
unique ocean-based theme park where tourists would be entertained by the antics of
and Corky, and other animals, were moved to Sea World.
dolphins and sea lions while learning about sea life through interactive displays and exhibits. His dream was to build the most original, exciting, and educational destination on the Pacific Coast. The main building was designed by William L. Pereira, noted for his futuristic designs during the 40’s and 50’s. The outside circular ramps provided a “space-age” feel that directed the public up to three different levels. In reality, the ramps were structural requirements that supported two elevated tanks of nearly 2 million gallons of water. In 1966, a Sky Tower was installed and rose more than 400 feet above sea level. The Tower provided a four-minute, 90-mile view of the ocean. The revolving, two-level elevator
“It was one of the saddest days I can remember,” said Jerry Goldsmith, former Director of Exhibits. Much of the infrastructure remained relatively untouched for almost 20 years. The Sky Tower stood until 1995, when it was demolished. In June of 2009, the Terranea Resort opened on the site. Former Marineland employees are a close-knit group and in 2007, some gathered at Sea World for a 20th reunion and watched their beloved Corky perform (now known as Shamu). “I’ve talked to the old timers and we all agree that Marineland was the funnest job we ever had,” said Goldsmith. “It was the best time of our lives.”
held up to 30 passengers on each level.
POPULAR SEA LIFE ATTRACTIONS While home to dolphins, sea lions, harbor seals, sharks, and a variety of other sea
MORE MARINELAND INFORMATION The Point Vicente Interpretive Center, located a half-mile north from the former Marineland site, has a Marineland exhibit which includes artifacts, memorabilia, and souvenirs.
creatures, Marineland soon became primarily known for its performing Orcas or “killer whales.” Orky and Corky were two of the most famous killer whales on exhibit. Other popular attractions included the Baja Reef, a swim-through aquarium which was the first
FOR INFORMATION ON MARINELAND’S HISTORY, ARCHITECTURE, & PHOTOGRAPHS,
of its kind, as well as a diver show and the seal & dolphin circus.
GO TO WWW.MARINELANDOFTHEPACIFIC.ORG.
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SOUTHBAYDIGS.COM | 3.23.2012
ALL PHOTOGRAPHS COURTESY OF THE MARINELAND OF THE PACIFIC HISTORICAL SOCIETY.
THE FAMOUS SKY TOWER.
AERIAL VIEW OF MARINEL AND, 1958.
BUBBLES THE WHALE AND TRAINER DAVID BROWN, MARINEL AND’S FIRST CURATOR OF MAMMALS. JANUARY 1959.
MARINEL AND, 1969.
A Passion For Excellence acquire | build | develop
mattmorrisdevelopment.com 310.546.4300
Guess the right number and we will donate $2,500 to the local charity of your choice. How to enter:
Like us on Facebook and post your number. Facebook.com/ShorewoodRealtors
Rules: Employees, affiliates, agents of Shorewood Realtors and their families are not eligible. The first correct answer or entry closest to the actual number will be declared the winner. Award will be made to a local South Bay 501(C)3 charity of your choice.
Hints: 1. We are the largest Realtor in the beach cities based on total dollar volume. 2. We have over 300 high achieving agents. 3. We sold 23 homes in 1969.
Only 1 entry per person.
EL SEGUNDO 431 Main St. 310.322.4900 MANHATTAN BEACH 917 Manhattan Beach Blvd. 310.545.8401 MANHATTAN BEACH 3300 Highland Ave. 310.546.7561 HERMOSA BEACH 950 Artesia Blvd. 310.376.8871 HERMOSA BEACH 986 Artesia Blvd. 310.406.2020 REDONDO BEACH 1009 Torrance Blvd. 310.316.8464 PALOS VERDES ESTATES 16 Malaga Cove 310.698.1555 Shorewood Realtors continues to be the #1 Realtor in the beach cities during 2012 based upon MLS total dollar volume.
ANOTHER OCEAN VIEW MASTERPIECE LISTING! FEET FROM THE SAND WITH UNBLOCKABLE VIEWS! So many possibilities for this duplex on the Manhattan Strand. Oversized fireplace, private courtyard, and two car garage plus the thrill of living right on the beach! White water views are also enjoyed from the upstairs studio or artist’s loft.
Shown by appointment and available for $2,499,00
A
s her countless satisfied clients will attest, Jane Sager has made exceptional service an art form. As one of the South Bay area’s leading real estate professionals for more than 20 years, she has built her reputation on providing expert guidance with a distinctly personalized touch. Jane builds lasting relationships with her clients, and provides keen market insight and creative solutions throughout the process. Quite simply, for Jane Sager, Success is an Art Form, so call her today and make the most of your opportunities in the South Bay area.
4320 The Strand, Manhattan Beach
www.JaneSager.com CONTEMPORARY SOPHISTICATION MEETS THE SEA! Situated at the crest of a hill overlooking the ocean, this Manhattan Beach jewel is a rare find! Sophistication and clean lines mark this stunning 3 bedroom 2 ½ bath home as a trendsetter for the area. You will treasure the panoramic views from your oversized windows and French doors that lead to two viewing decks. Featuring an open great room design with stone and hardwood plus a well-appointed kitchen- all with whitewater views! Exceptional location close to shops, restaurants and the airport!
Available for $1,750,000
228 33rd Street, Manhattan Beach
JUST LISTED FOR $1,099,000 AND SOLD WITH MULTIPLE OFFERS!
SO LD
www.JaneSager.com
A Classic beach bungalow 2 bedrooms, 1 ½ baths, hardwood floors plus a two car garage. This unique property includes a basement with two beach showers, a bunkhouse, (or terrific office) and a private garden area. One block to the sand in North Hermosa, a wonderful environment for families!
2434 Manhattan Ave., Hermosa Beach
(310) 748-0677 www.JaneSager.com
SO
LD
www.JaneSager.com
3300 Highland Ave. Manhattan Beach, CA 90266 REALTOR ®
REALTOR ®
Jane Sager, CA Lic.# 01001004
ANOTHER MASTERPIECE HOME LISTED AND SOLD IN 7 DAYS Striking style throughout this 2 bedroom, 2 ½ bath townhome! Hardwood floors, granite and filled with light combine to create a warm contemporary home. Also included a finished bonus room that makes a cozy den.
501 Herondo, Unit 49, Hermosa Beach
www.JaneSager.com
Jane Sager’s seasoned perspective is your advantage when buying or selling a home.
W
hen it comes to your real estate transaction, Jane believes it’s equally important to understand the big picture as it is to focus on the small details. In the end, her goal is to help you achieve exceptional results and enjoy the lifestyle of your dreams. But to get there, Jane knows it takes steadfast attention to detail and careful analysis to make sure every element is in place for success. With more than 20 years experience in the South Bay area market, Jane approaches your move from every perspective to ensure the best possible results. From defining your big picture goals to handling every vital detail throughout the process, she applies her expertise to help you make the right decisions for your future. Call her today and discover the difference for yourself.
(310) 748-0677 www.JaneSager.com
Jane Sager, CA Lic.# 01001004
SIMPLE PERFECTION
902 6TH STREET | HERMOSA BEACH
A CLEAR AND CONCISE APPROACH TO NAVIGATING COMPLICATED REAL ESTATE TRANSACTIONS
611 9TH STREET | HERMOSA BEACH
3 BED + LOFT | 2,584 SQ. FT | PARK VIEWS
LISTED AT $1,149,000 4314 THE STRAND | MANHATTAN BEACH
BEAUTIFUL 4 BEDROOM SINGLE FAMILY HOME LOCATED IN THE HERMOSA HILLS WITH BIG OCEAN VIEWS! 4 Bedrooms | 3.5 Bathrooms | 2,888 Sq Ft | Ocean View from Master Bedroom | Oversized Master Bathroom | Roof Top Deck | Brazilian Cherry Floors | Gourmet Kitchen | Viking Appliances | Nice Backyard | Garage Opens to Cul-De-Sac | Hermosa School District | Walk to Pier Avenue & Beach 3 BED | 3.5 BATH | THE LIFESTYLE!
SOLD - $2,750,000 REPRESENTED BUYER
310.600.7983 StottRealEstate@gmail.com www.LisaStott.com SHOREWOOD REALTORS 32
SOUTHBAYDIGS.COM | 3.23.2012
OFFERED AT $1,399,000
B B
WWW.902SIXTH.COM
brittny burford 310.897.8228 brittny@shorewood.com SHOREWOOD REALTORS DRE#01874928
Lisa Stott
“Love Your Lifestyle”
NEW LISTING - NOT YET ON THE MLS
373 Palos Verdes Drive W., PVE
WWW.373pvdrive.com
4 Bedrooms, 3 Bathrooms Luxury, Charm, Views, Location, History... This stunningly remodeled vintage property has that rare combination of all the best, making it one of the absolute jewels of Malaga Cove. All three levels offer breathtaking ocean and city views spanning across Pt. Mugu, Malibu, the Queen’s Necklace and beyond. The house is situated so that the views offer an exceptional sense of privacy and exclusivity: nearly no other homes or streets are in view - only the tranquil Malaga Cove landscape. Step inside to find luxury and comfort in an open layout that is both warm and inviting. Multiple indoor and outdoor living spaces make the house an Entertainer’s Dream, with 3 fireplaces, hard wood flooring throughout, and tall wood beamed ceilings. Perched on the uppermost level is the Master Suite, with french doors opening to a wide ocean view balcony. The bright Master Bath includes skylights, dual sinks and a walk-in closet. In the gourmet Chef’s Kitchen, find top of the line appliances, including a built in wine cooler, warming drawers, and Sub-Zero refrigerator. Step outside to enter the “Secret Garden”, a place of serenity in a private and inspiring setting. Imagine a lifestyle where you can walk to the beach without crossing any major streets, or to charming Malaga Plaza for a casual morning coffee. Imagine easy access on and off the Peninsula by car, and access to some of the highest performing schools in the country. 373 P.V. Drive West; an exceptional property not to be missed. See it on the MLS in early April, or contact Shawn for an exclusive preview showing.
Offered at $2,385,000
Preview Open: Sun. April 1st, 2-4pm
SHAWN DUGAN (310) 265-3428 manonthestrand@gmail.com www.manonthestrand.com Your Real Estate eBroker LICENSE # 01749343
CALL SHAWN @
(310) 265-3428 to discuss Leasing or Selling your property with for a complimentary Value Analysis of your home.
GARYEL Integrity + Hard Work =
RESULTS
LIS NEW TI NG !
NEW HERMOSA BEACH LISTING!
OPEN HOUSE SAT-SUN 2-5 1236 20th Place, Hermosa Beach Newer spacious home, approx. 3,100 sq. ft., built from the ground up in 2004, large double lot, 4 bedrooms 3.5 baths, chef’s kitchen, large living room with fireplace, boat or RV parking..
PRICED TO SELL $1,289,000
GARYELMINOUF I GARY GaryElmo@gmail.com • www.GaryElmo.com • Direct: 310-292-0332 • Office: 310-543-3536 x300 All information is from various sources deemed reliable but not guaranteed all parties to verify DRE: 01139207
ES IN CR OW
CK SO ET L D LIS TI NG PO
1815 HARRIMAN LANE #B, REDONDO BEACH
$2,315,000
ATTRACTIVE AT $759,000
Excellent Location in the Coveted Tree Section | Built 2003 | Nantucket Design | 5 Bed | 5.5 Bath
Completely remodeled | 4 Bed | 2.5 Bath | Free-standing Mediterranean-style Townhome | Rear unit - 1 of 2 on the lot - features a private, gated, professionally landscaped backyard | Attractive, quiet, one-way street
921 9TH STREET, MANHATTAN BEACH
705 PRUITT DRIVE, REDONDO BEACH
Large Cape Cod Design | 6 Bedrooms | 5 Baths | 50x150 Lot
COMING SOON…MID 2012
3 bed | 2 bath | Bonus room for 4th bed/office | Large gated yard | Plenty of parking including rear-loading 2 car garage and large gated space for RV or boat
WE HAVE BUYERS FOR LOTS AND TEAR-DOWNS
PRICED AT $649,000
NEW CONSTRUCTION IN MANHATTAN BEACH COMING SOON…
JOIN OUR GROWING ALL STAR TEAM: MATTHEW ADAMO JOHN BALK JEFF CAPRIO
JIM LISI TINAMARIE VISCONTI MATT WAXMAN
Please welcome our newest team member, LYNDA WYCKOFF
CAN’T FIND YOUR DREAM HOME?
1430 3RD ST.
594 33RD ST.
632 29TH STREET, MANHATTAN BEACH
CALL US
FOR OFF-MARKET LISTINGS & NEW CONSTRUCTION!
BE THE BEST AGENT Leverage our low overhead / low fee brokerage model and technology systems to grow your practice faster and more profitably.
CALL US TODAY TO FIND OUT MORE!
MATT WAXMAN
JIM LISI
310.529.9580 Matt@MattWaxman.com MattWaxman.com 01290178
310.753.8026 OnePacificRE.com
Jim@JimLisi.com 01411669
LISTINGS BY JEREMY SHELTON
302 Hermosa Ave., Hermosa Beach
506 11th St., Hermosa Beach
Call for Details
Offered at: $969,000
1 Block to the Sand | 3 Bedrooms in 2000 sq ft Beautiful Inside and Out
3 Bedrooms | 2.5 Bath | Rear Unit | Beautiful Interior with Rooftop Deck Close to Downtown, Park, & Beach
COMING SOON
NEW CONSTRUCTION IN THE TREES! 712 29th St., Manhattan Beach 5 Bedrooms & Office in 3350 sq ft | A+ Manhattan Tree Section Location Completion Summer 2012
CALL FOR MORE DETAILS: Jeremy Shelton 310.245.3705
JEREMY SHELTON 2011... Over $29,000,000 in Property Sales! #3 in Total Volume & #2 in Transactions (Highland Manhattan Beach Office)
Jeremy Shelton CALL ME FOR MY POCKET AND UPCOMING LISTINGS
310.245.3705 jshelton@shorewood.com www.jeremysheltonhomes.com
Ed Kaminsky’s Premier Property Showcase
THE SOUTH BAY ENJOYS SUNSHINE 73% of the year.
This home was built to enjoy it. Rancho Palos Verdes • 5 Bedrooms/4.5 baths • 4,781 sf home on a 60,000+ sf hillside lot
text 9937 to 511511 for photos & tour
310.798.1277 EK@ItzSold.com
www.ItzSold.com ItzSold.com
$1,888,000
T H E 1 0. 7 C R I T I C A L S T E P S TO R E A L E S TAT E M A R K E T I N G must stand out. The more pictures, virtual tours, and information available online, the more likely you can seek out the ideal buyer who will pay fair market value for your property.
PREPARING FOR SALE
1. Exposure 2. Prepare the property 3. Access to the property 4. Valuation 5. Being flexible 6. Perfecting the pitch 7. Negotiations 8. Motivating the buyer’s agent 9. Validating credibility 10. Innovation .7 The Global Market Place
w
You’re selling your home. The Real Estate market is appearing to show signs of stabilization. Is it safe to just throw a sign in the front lawn and an ad in the paper? Well this isn’t 2005 anymore. It is 2012, and Real Estate values are significant enough to affect the net worth of many homeowners. Making sure your home is marketed effectively to maximize your bottom line is likely very important to you.
EXPOSURE Exposure is the key to realizing market value. The true value of any asset is what the buyer will pay; that is provided the asset was marketed and exposed to every conceivable buyer. Exposure today means a lot more than just telling your neighbor it’s for sale with a sign pitched in the front lawn. Newspapers used to be a significant source for buyers; today newspapers are becoming an antiquated source to find buyers. The internet has changed that game as buyers start, research, and evaluate online. We live in a cyber-world, where more information and more opinions are available than ever before. The online presence of your home must be prominent; you
Preparing the property for sale can increase both profits and speed in the sale of a home. Most buyers will state that they are OK with a “slight fixer” and they are open to the idea of changing carpet and painting a home. However, experience tells us different. You can watch buyers get emotionally charged when they walk into a picture perfect home, as opposed to when they walk into a home that needs work and is not staged; they immediately bring out their mental calculator and start deducting thousands of dollars from the asking price. The more you can get a buyer to mentally move into your home, the more comfortable they will be paying the price you are trying to achieve.
ACCESS Access to your property has more value than you may know. There is a time when privacy and pre-set appointments are paramount for an owner, and that is understandable. All the same, homes with easy access (meaning a lock box) and limited restriction on days or times to show will always have more showings. It is not uncommon for Real Estate agents to prepare to show a property less than one hour before they get in their car. Buyers often call on a moment’s notice and say they are ready to go look. The first homes shown are those that are the most readily accessible. You never know when a buyer may be ready to purchase on their first time out looking. Missing out on some of these buyers can be very costly.
that is over-priced; they go down the street and offer on the one that they have perceived to be a good value. It is critical that your Real Estate agent knows how to value property and determine a price that is close to its actual value. Real Estate markets like ours here in Manhattan Beach, Hermosa Beach, and Redondo Beach need very little negotiating room. Offers within a couple percent of the asking price are not uncommon in these markets.
BEING FLEXIBLE “Buyers are liars” is a term that is either taught or learned as a Real Estate salesperson develops their career. It doesn’t mean that buyers don’t tell the truth: it just means what they say they are looking for and what they end up buying often doesn’t match. There are many cases when a buyer says they want a single level home with a yard and the next thing you know, they end up buying a three level town home with a view. As a seller, limiting showings on your home to buyers who only say they want exactly what you have could cost you a sale. You just never know what a buyer will suddenly respond to and many buyers end up surprising themselves as well.
“Buyers Are Liars” Is there any truth in that?
EVALUATION Evaluating your property accurately is critical in any Real Estate market. Over-pricing is the single largest reason for a home not to sell. After studying over 50 Real Estate markets across the country, I have seen more fortunes lost by making this mistake; especially in a declining Real Estate market. Buyers are smart and when they don’t see the value in a home, they quickly move on to the next one without looking back. They rarely make offers on a home
HIRE the BEST
Stay tuned for the next edition of South Bay Digs to learn about the remaining 5.7 critical steps to successful Real Estate Marketing or visit: EdSellMyHouseFast.com to access the full list now.
SELL FASTER Our listings sold an average of 60 days faster than the market in 2011
SEASIDE LUXURY & SOPHISTICATION PULL OUT TO KEEP INSERT
IN THE HEART OF THE HILL SECTION Premier Hill Section Location Impressive Ocean Views 4 bedrooms, 4 full baths + 2 guest baths Full guest suite 4 car garage Potential to expand to 6 car garage for the auto enthusiast Ocean view formal living room and sitting room 1,200 bottle wine cellar Home fitness center 3 stop elevator Private screening room Formal study/library Family room, formal dining and breakfast area Covered Grand Terrace with custom outdoor kitchen and dining area Private backyard with staircase to upper terrace level 6,135 square foot home; 6,500 square foot Hill Section lot TEXT 9926 to 511511 for property address & virtual tour link
ATTRACTIVELY PRICED AT $4,295,000 CALL FOR APPOINTMENT
SELL FOR MORE Our sellers earn nearly 3% more on their final sales price (based on average list price vs. sales price ratio in the Beach Cities for 2011)
310.798.1277 EK@ItzSold.com www.ItzSold.com
$10 MILLION VIEWS FOR UNDER $1 MILLION
HOLLYWOOD RIVIERA 240• Ocean and City views! 3 bedrooms, 2 bathrooms Appx 1,450 sf home 8,430 sf corner lot Built in 1951 Remodeled kitchen Updated main bath Hardwood floors Vaulted open beam ceilings Picture windows that showcase the views Ocean view main bedroom TEXT 9928 to 511511 for property address & virtual tour link
OFFERED AT: $989,000
310.798.1277 CALL THE TEAM WITH THE MOST COMPREHENSIVE, INFORMED MARKETING & PRICING PLAN AND ACHIEVE RESULTS, FAST!
STACI BROOKS, ED KAMINSKY, BECKY DAVIDSON, TINA KAMINSKY
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PHOTOGRAPHY BY BRIAN HOLM, AVENUE EYE.
A S T R E T C H O F T H E I M A G I N AT I O N : CONTEMPORARY HOME INSPIRES ARTIST W R I TTE N BY: PA M E L A CO R A N TE - HA N S E N
With its reflecting pool, sculpture garden and ample white walls, the Hollywood
L-shaped, with LaLiberte’s studio in a separate rectangular building in back. A dark-
Riviera home of Mike Wellens and his artist wife Carolyn LaLiberte is a case study in
blue-tiled reflecting pool in the backyard visually connects the main house to the
elegant innovation. LaLiberte’s canvases and sculptures invite a visitor on a unique
studio. At the far end of the pool, the studio’s floor-to-ceiling glass walls bookend
journey, one in which art becomes functional and everyday objects become portals
an exterior wall of rectangular natural stone tiles. Here, a Buddha statue is the
to new ways of thinking. On the wall of the den, an oversized abstract painting
centerpiece of a modern water fountain.
slides silently to one side, revealing a plasma television screen. In the same room,
“We integrated elements of Feng Shui in the construction of the house,”
handmade books by LaLiberte present thoughts and ideas in a way that puts today’s
explains designer Ernesto Barron, who works for the architectural firm that
electronic tablets to shame.
designed the new West Hollywood Public Library. “The idea of the reflecting pool
“People will come over and say, ‘It’s like being at the mini-Getty,’” LaLiberte says with a laugh, referring to the Getty Museum in West Los Angeles with its travertine walls, minimalist design and abundant water features.
was to use it as a mirror. At night when the fountain is backlit, the reflection on the water looks like fire, so there are multiple Feng Shui elements represented.” Eastern-inspired philosophy is an integral part of everyday life for LaLiberte
Inspired by the Schindler House in West Hollywood — considered by some to
and Wellens, both former yoga instructors who were married at the Long Beach
be the first home built in the Modern style — Wellens’ and LaLiberte’s residence is
Art Museum, and who have traveled to Bali together. “The [Balinese] people are
3.23.2012 | SOUTHBAYDIGS.COM 43
make offerings to good and evil spirits, because they don’t want to upset the evil gods by not giving them anything.” Barron took a cue from the couple’s lifestyle and turned a side yard into a small Zen garden, complete with gravel, Japanese maple trees, and a low wall with a circular niche in the center, where a statue of Hindu god Ganesh presides over the garden. “I wanted this to be a peaceful house,” notes Barron. “That was the purpose of the Zen garden. Also, Mike and Carolyn practice yoga and meditate daily, so I created a meditation room.” The meditation room sits in the basement level of the two-story home and features a frosted glass pocket door for privacy when the space doubles as a guest bedroom. Although Wellens jokingly refers to the basement as the dungeon, Barron created floating steps to bring light into the lower level. He also turned the code-required fire escape in Wellens’ basement-level office into a natural lightbox with a floor-to-ceiling glass wall. For an artist, natural light is as vital as oxygen, and LaLiberte revels in the copious light that floods the main residence and studio. Plentiful skylights and clerestory windows throughout the home allow sunlight to filter in, from sunrise to sunset. “The way the light plays in this home
44
SOUTHBAYDIGS.COM | 3.23.2012
“
PEOPLE WILL COME INTO THE HOME AND SAY, ‘I DON’T WANT TO LEAVE.’ WHAT A GREAT COMPLIMENT,” says LaLiberte. “I like people to come here with an open mind, and when they leave, I hope they can leave with a good memory. More than anything, I want them to be inspired.”
“
wonderful, kind and loving,” marvels LaLiberte. “They would
is amazing,” LaLiberte says. “I can sit here and just look at the light. You’ll notice things you didn’t before. It’s kind of like watching a movie.” True to the modernist style, Barron, who also designed the landscaping, created the home as a glass box, not only maximizing natural light, but also blurring the lines between indoors and the outside. Very few rooms in the house have shades, because Barron created a “green wall” of bamboo that surrounds the home, providing both privacy and, from the inside, a view of natural green foliage to accent the home’s black and white interior décor. The master bath has no blinds or shutters. Instead, the Japanese maple in the Zen garden is visible through a large picture window, providing a natural green curtain. This luxuriant greenery complements the pale limestone color palette of the master bath, with its cream-colored walls, surfaces and flooring. In keeping with the home’s open, modernist design, a direct sight line leads straight from the den in the very front of the house to the corner window of the master bath at the back of the home. The sight line is interrupted only when the master bedroom’s oversized pocket door is pulled open, revealing an elaborate, open-carved Indonesian portal mounted on clear glass. “I wanted to introduce elements of surprise,” Barron says of some of the home’s more striking features. Case
in point: The only feature in the house that is not black or white is a deep scarlet interior wall that spans from the basement to the second-floor ceiling. Positioned near the 90-degree angle of the main home’s L-shape, the wall serves as a visual anchor and supports the floating staircase. “According to Feng Shui, red signifies fire,” Barron notes, “and fire is a powerful element representing passion and energy.” The shock of color infuses the core of the home with warmth, an energy that prevents the house from feeling like a cavernous museum gallery. LaLiberte’s museum-quality creations are displayed throughout the home, tastefully arranged to spark interest — and surprise — around every corner. Perhaps the most provocative installation is one that can literally be walked on. The stairway landing closest to the basement level is a transparent glass floor that gives one the sensation of floating above the basement. Directly beneath the glass floor, a white clay sculpture of a stylized human form stands in a field of white stones. LaLiberte says her two dogs, who normally follow her everywhere, instinctively stop short of the clear glass landing. It appears some humans are equally apprehensive. “Our house was featured on an artists’ home tour,” recalls LaLiberte. “It took people a while to get used to walking on a seethrough surface.” Barron intentionally designed the home to serve as a blank canvas that could showcase LaLiberte’s art, but he notes that during the design process, she expressed concern that a modern home would feel cold and hollow. “The house is contemporary,” Barron affirms, “but I added ancient elements — natural stone and wood — to tone down the modern and add character.” Furnishings
throughout
the
home
incorporate
natural elements in an artistic yet functional manner. An industrial, brushed-steel dining table is surrounded by an eclectic mix of fabric-covered chairs and a long wooden bench. In the living room, black leather Barcelona chairs, modeled after the futuristic pieces showcased at the 1929 Barcelona International Exposition, stand out in an almost all-white space. And in the kitchen, three glass bulb lighting fixtures dangle like elegant teardrop earrings above a limestone chef’s island. Unfinished concrete floors throughout the house complete the sense of being in an intimate art gallery, one that invites a visitor to explore and touch and linger, without the feeling of being under the watchful eye of a museum guard. A low, glass-topped blueprint cabinet, similar to taller cabinets that display rare books or small art objects in museums, serves as a coffee table in the den. Showcased inside are LaLiberte’s handmade books. Unlike at a museum, these cabinet drawers are kept unlocked, and LaLiberte pulls open the top drawer to show a visitor the ‘Grey Matters’ book she created. An admission ticket is pulled from the grey front cover, which opens to a series of thick pages bearing stylized images and wordplay on the idea of creativity and the brain. The book’s last page is an accordion-like panel that pulls open to reveal three-dimensional theater seats and small figures on tiny trapezes, flying above the ‘theater of the mind.’ “People will come into the home and say, ‘I don’t want to leave.’ What a great compliment,” says LaLiberte. “I like people to come here with an open mind, and when they leave, I hope they can leave with a good memory. More than anything, I want them to be inspired.”
3.23.2012 | SOUTHBAYDIGS.COM 45
RETAIL
IN N V E OF EST W FE M RI EN NG T
APARTMENTS
COMMERCIAL
Gotham Lofts 30-Unit Art Deco Style Building | East Village Arts District Long Beach 2 Blocks to Beach | No Rent Control | Recently Renovated | Attractive Assumable Financing | 10x GRM
OFFERED AT $3,195,000 NORTH REDONDO BEACH Off-Market Apartment Opportunity | 3 Units + additional Income | Current Annualized Income $57,180
OFFERED AT $869,000 717 VINCENT PARK, REDONDO BEACH 3 Bedroom/ 2 1/2 Bath Spanish Style Front House | 50 x 120 R-3 Lot Detached Duplex: 2 Bedroom / 1 Bath & 1 Bedroom /1 Bath Units Current Rents $6,025/month
OFFERED AT $ 1,380,000
Oceanside Marketplace, Oceanside CA ATTENTION PROPERTY OWNERS: Submit Buildings for Review (not currently on MLS/CLARETS/LOOPNET)
CURRENT ACTIVE BUYERS: Up to $20M CASH BUYER - South Bay/West LA - Apartments & Retail Up to $10M CASH BUYER - Santa Monica/West LA - Retail Up to $2M CASH BUYER - South Bay Apartments 10,000-20,000 SF - Industrial User - Torrance & Surrounding Areas
New construction, 36,295 square feet, scheduled to be 100% leased by May 2012. Tenants include IHOP, Salon Adora, Dance Unlimited. Rare opportunity to purchase a “best of class” neighborhood shopping center. Current projected Annual Gross Scheduled Income, based on leases in place, is $1,174,376
SUBMIT OFFER
CALL NOW FOR A COMPREHENSIVE LIST SOUTH BAY INCOME PROPERTIES ON THE MARKET
REPRESENTING THE SOUTH BAY’S BEST INVESTMENT OPPORTUNITIES
www.aporproperties.com kevin.apor@peninsulasir.com
310-346-4256
Kevin Apor
Director, Commercial Division Peninsula | Sotheby’s International Realty 310-541-8271 phone | 310-346-4256 cell kevin.apor@peninsulasir.com DRE#01277039
craftsmanship at every step
FAMILY ESTATE
TREE SECTION OF MANHATTAN BEACH
2912 Pine Avenue, Manhattan Beach R R R R R R R
With over 20 years of building experience, we find that the highest level of customer service is just as important as the utilization of the highest quality materials and workmanship. Having worked with many top architects and designers, we are confident in our ability to make the building process as seamless and enjoyable as possible.
5 bedrooms + 4 bathrooms 3,809 square foot home 6,016 square foot oversized corner lot Custom designed and built in 2002 Wonderful deck areas and yard space Huge 3 car garage + large driveway/play area for the kids Incredible Gourmet Kitchen w/ quality finishes & enormous island
Priced to Sell at $1,995,000 Open House Sat & Sun 2-4pm (3/24 & 3/25)
Working with our clients is an essential part of each new project, and our ability to adapt and modify to fit each client’s individual preference and aesthetic has provided us with long lasting relationships. Our scope and expertise ranges from kitchen remodels to custom homes, and every project is afforded the same level of service and integrity.
SEAN ICAZA general contractor 310.480.0385 sean@icazaconstruction.com
Kevin B Pratt 310.738.2348
kpratt@shorewood.com • www.KevinBPratt.com 22nd Year at Shorewood 3.23.2012 | SOUTHBAYDIGS.COM 47
Custom Contemporary Ranch Home in Palos Verdes! 27339 Eastvale Road | Palos Verdes Peninsula 3 Bed | 2.5 Bath | 3200 sq ft | Half-Acre Lot | City Lights Views Now is your chance to own a custom built contemporary ranch home on the Palos Verdes Peninsula with downtown LA / Long Beach views on a great street! Situated on over an acre of land with huge backyard, this 3 bedroom, 2.5 bathroom home boasts attention to detail at every step in 3200 sq ft of open living space.
Features include: Formal Living / Dining Room with 15 foot high ceilings Family Room Opens to Gourmet Kitchen Private Deck off Kitchen with City Lights Views Brazilian Cherry Hardwood Floors Throughout Oversize Laundry Room Full Size Office (could be 4th bedroom) Master Suite with Walk-in-Closet, Jacuzzi tub and His/Her Sink Gourmet Kitchen with Carrera Marble Island and Viking Appliances Finished 2-Car Garage, 2 Fireplaces, Seven Sets of French Doors Huge Flat Backyard with Outdoor Entertaining Area, Fireplace, Bar
Offered at $1,425,000 BROKERS OPEN. March 13 – 11AM-1PM. Lunch Served
CAPWEST REAL ESTATE APERKOV@CAPWESTRE.COM 310.378.0126
An extraordinary agent AN EXTRAORDINARY BRAND.
O F F M A R K E T O P P O RT U N I T Y B E H I N D T H E G AT E S ! U N S U R PA S S E D 1 8 0 V I E W S - Q U E E N ’ S N E C K L AC E | D OW N TOW N L A | P O RT O F L O S A N G E L E S
C A L L F O R M O R E I N F O R M AT I O N
U P TO $ 3 M I L L I O N B U Y E R L O O K I N G F O R V I E W P RO P E RT Y W I T H T E N N I S C O U RT
U P TO $ 3 M I L L I O N B U Y E R L O O K I N G F O R H O R S E P RO P E RT Y I N RO L L I N G H I L L S B E H I N D T H E G AT E S .
Jeannie Penner-More was raised in the South Bay and started her real estate career in 1989. She has been a top-producing agent in the South Bay throughout her career and her professionalism shines through as she puts her personal touch on everything she does. Her exceptional service has set her apart from the rest as she continues to grow her successful Real Estate business.
Jeannie Penner-More REALTOR
310.259.6570
Jeannieshomes@aol.com www.JeanniesHomes.com
DRE: 01076415
“ T WO DECADES OF OPENING DOORS”
Tree Section Perfection 1406 Laurel ave., manhattan beach 5 Bedrooms | 6 Bathrooms | 4552 sq ft | 5970 sq ft Lot Elegant home in the highly desirable American Martyrs location with 5 large bedrooms and 6.5 bathrooms with nearly 4,600 sq.ft. of an excellent floor plan and superior quality construction. Huge master bedroom with fireplace, retreat area and ample walk in closet. Also includes a sumptuous master bathroom with his and her vanities and large spa tub. An excellent home for entertaining and family living inside as well as outdoors. Gourmet kitchen opens to family room. Must see!
Offered at $2,599,000
Quick Stats: Custom Built 2006 - Turnkey Family Room, Living Room Master Retreat (Walk-in Closet) Cathedral-Vaulted Ceilings High Ceilings (9 Feet +) Crown Moldings Fully Wired (Data, Sound, Security) Copper Plumbing Full 220-Volt Electrical West Facing Custom Landscape (Lighting, Sprinkler, System)
john chuka 310-990-1110 Jchuka@aol.com www.nwrebrokers.com
r
i want t my home sold for what it’s worth t my selling experience to be worry free and simple t my home to be professionally prepared for market t a comprehensive marketing plan that creates maximum exposure for my home t excellent communication, follow through and a timely close of escrow
CURRENT LISTINGS
2406 Aviation Blvd #A 3 Bed | 3 Bath | 1361 sq ft | Reo Redondo Beach - $489,000
raelord 621 South Gertruda Avenue 5 Bed | 3 Bath | 2900 sq ft Redondo Beach - $999,000
5405 W. 149th Place #10 Fusion | 2 Bed | 2 Bath | Great Complex Hawthorne - $2,350/mth
4149 West 164th Street Multi-Family | Duplex Lawndale - $269,000
3110 Merrill Drive #88 2 Bed | 2 Bath | 1300 sq ft Torrance - $349,000
23306 Marigold Avenue #W201 Spacious 2 Bed | 2 Bath Condo Torrance - $1,400/mth
4143 West 164th Street Multi-Family | Income Property Lawndale - $299,000
i want
rae lord
DRE# 01388229
310.947.1667 • Rae.Lord@yahoo.com • RaeLordSells.com
©2011 Coldwell Banker Real Estate LLC. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Owned And Operated By NRT LLC.
DIG THIS
PUZZLE CABINET
52
SOUTHBAYDIGS.COM | 3.23.2012
W R IT T EN BY: QUIN N R O B ERTS It can go anywhere from a child’s bedroom to an upscale living room. It’s Scala Luxury’s versatile puzzle cabinet. The handmade piece, exclusively available through the luxury furniture and accessory company, comes in 12 different colors and gets its finish from parchment, before a hand-polished, high-gloss lacquer completes the look. “We really try and create pieces that are unusual and creative, and the puzzle cabinet is definitely one of them,” said Oliver Bowien, President of Scala Luxury. “People have reacted very well to the cabinet. It really is an unusual piece that you can’t find anywhere else and attracts a wide range of people.” Scala Luxury has sold the piece for about a year, with Bowien saying the light grey parchment is by far the best seller, accounting for about 90 percent of the sales. However, the company will make a new addition to the cabinet line in the coming weeks, when it will begin to include a darker, vintage looking cabinet in the collection. While Scala Luxury is based in Los Angeles, Bowien said all of the pieces are handmade in Indonesia. The puzzle cabinet, along with many other Scala Luxury items, continues to be shipped all over the world, from Italy to the Middle East. In the United States, Bowien said the company gets the most interest for the puzzle cabinet in New York and Florida, yet it also has a large base of interested customers in California as well. Not your run of the mill wooden cabinet, the average suggested retail price of the high end piece is $19,000. And while Bowien said many customers go through their own interior designers, anyone interested in the puzzle cabinet can contact the company directly to get more information or order the piece. “It is so interesting, yet quite simple and basic,” Bowien said. “However, it is a very memorable piece.” TO GET MORE INFORMATION ABOUT THE PUZZLE CABINET, VISIT SCALALUXURY.COM OR CALL 310-929-7211
3.23.2012 | SOUTHBAYDIGS.COM 53
Community. Strength. Independence. Shorewood Realtors is one of the top five largest real estate firms in Los Angeles County and in the top 58 nationally. We are the South Bay’s oldest and largest independently owned real estate firm, with humble beginnings in 1969 to today having seven offices and more than 350 realtors serving the beach cities. Our highly-trained real estate agents will make your home sale or purchase a seamless, trouble-free transaction— this is how we define our success.
Experience the difference.
H E R M O S A B E A C H 950 Artesia Blvd.
310.376.8871
H E R M O S A B E A C H 986 Artesia Blvd.
310.406.2020
E L S E G U N D O 431 Main St.
310.322.4900
M A N H A T T A N B E A C H 917 Manhattan Beach Blvd.
310.545.8401
M A N H A T T A N B E A C H 3300 Highland Ave.
310.546.7561
P A L O S V E R D E S E S T A T E S 16 Malaga Cove
310.698.1555
R E D O N D O B E A C H 1009 Torrance Blvd.
310.316.8464
T EST IMON IAL : a wr it t en or s p oke n e xpression of r egar d for a pe rs on ’ s s ervice or accomplishmen ts.
o m er ! An o th er sati sf ie d Cu st s Beach for 16 years and it wa n tta nha Ma in se hou e sam “I had rented the the new owner’s representative n tha er oth me to ice not any suddenly sold without Chris on an perty. Fr om this point on I put pro the e se to ing ask and up showing gh all of no wait; I need to buy!” Throu t, ren to d nee “I of, le cyc up and down ays wavered; his answer was alw er nev he ) low fel e ens int y ver this (and I’m a t he you.” The key to me was tha for rks wo t tha ing eth som “Great, let’s find you advice one way or say and was quick to offer uld wo I at wh to d ene list always ore, but for have bought and sold homes bef y ma You s. tie per pro ic cif another on spe curve to rs, so I had a ste ep learning yea 25 ut abo in e tim st fir me, this was the word ng me what to look for. The chi tea in l nta me tru ins s wa overcome and Chris hout a doubt, nion, but I would say that wit opi my in ed rus ove is l” ona “pr ofessi Pr obably one ke up a professional Realtor. ma t tha its tra the all s ent Chris repres placed ught my interests were always tho I t tha s wa nd fou I nts of the key eleme de, le with the process. As an asi tab for com y ver me de ma first, which of course ed on price points ris set up an e-mail search bas Ch t tha s wa ed lik I ng thi r anothe ice, new listing any time a listing changed (pr so g kin loo s wa I ere wh as and the are review sent to my e-mail so I could s wa It .) etc , ing list ed let on the market, de tI re thing I should add is tha mo e On . ice cho d goo y ver a it. I believe Chris is lender, and all coordinate betwe en escrow, the to s ort eff the ed iat rec app really ely well, even cess. It was handled extrem pro the o int nt we t tha ls tai the other de rk on the ce with getting people to do wo pla the r ove all g nin run ris though I had Ch n.” house after I took possessio Warmest Regards, Michael Barschig Swett& Crawford Los Angeles, CA
Chris Plank In Real Estate, Time Really is Money! Call me For a Private No Obligation Consultation.
Shorewood Realtors | ChrisPlank@aol.com Cell (310) 849-1530 | Office (310) 546-7561 x443
www.ChrisPlankHomes.com
THE MORTGAGE FORGIVENESS DEBT RELIEF ACT OF 2007
EXPIRES IN JUST 9 MONTHS (38 WEEKS)
When I began reminding my clients at the beginning of the year that the Debt Forgiveness Act could be going away on December 31, 2012, it seemed like a long ways off. But the deadline is just 9 months away! Remember the average short sale can take anywhere from 3 to 6 months to close escrow - sometimes longer! So even if you are just thinking about short selling your home, CALL ME to discuss all your options. Consider this example of what your tax consequences could like look if you short sell your home AFTER this law expires. Home Purchase Price: Home Loan Amount: Home Sale Price:
228 28TH COURT, HERMOSA BEACH Adorable beach Cottage located in desirable North Hermosa Beach with Palos Verdes and Ocean Views. Offered at $699,000
$450,000 $400,000 $200,000
Your Deficiency/Debt Forgiven: $200,000 Potential Tax Liability: $50,000 ($200,000 x 25% assumed tax rate - the maximum tax rate is 35%
DO YOU QUALIFY? Call me to set up a no obligation private confidential consultation to determine what options you may have.
JUST SOLD
507 MONTEREY BLVD, HERMOSA BEACH 3 Bedrooms | 2.5 Bathrooms | 1865 sq ft | 3-Blocks to Sand Offered at $1,275,000
IN ESCROW
1506 PALM DRIVE, HERMOSA BEACH 3 Bedrooms | 3.5 Baths | Stylish Beach Home | Ocean Views Completely Remodeled Offered at $1,299,000
IN ESCROW
2909 BAYVIEW DRIVE, MANHATTAN BEACH 3 bed | 3.5 bath | 2400 sq ft of living space $2,299,000
Lenny LaRocca Shorewood Realtors Business Professional/Realtor
Call now! Before Your Time Runs out.
310.698.6444 x1 www.LaRoccaRealEstate.com LennyLaRocca@gmail.com
Rent Your Luxury Home For up to $10,000 a week *Unfurnished Long Term Rentals *Furnished Corporate and Vacation Rentals
www.Coastal Vacation Estates.com
Christa Lyons FOR ALL YOUR REAL ESTATE NEEDS SHOREWOOD REALTORS
310-722-7115
christalyons@shorewood.com DRE 01489213
The only company that offers the following Property Management Staging/furnishing your home Housekeeping
DRE#01503199
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SOUTHBAYDIGS.COM | 3.23.2012
Accounting Maintenance Concierge Services
Wili Baronet Call 310-801-0633
tear downs or fixers, all cash paid, flexible terms
Needed:
Su O nd pen ay H , M ou ar se ch 25
Sellers Wanted:
Modern Sand section MB Home, I have a perfect buyer!
Uni
Cell: (310) 569-6535 Office: (310) 545-5858 Fax: (310) 939-9044
615 N. Lucia # B, Redondo Beach
Unobstructed Ocean View Home in South Redondo
Uni@Unimayesh.com www.unimayesh.com
4 Bedrooms, 3.5 Baths, 2,480 Sq.Ft., backyard
DRE: 01055089
Upgraded “better than new” detached 3-story rear townhouse includes ocean views and many custom features including plantations shutters, 10 ft. ceilings, crown & base molding, security system, intercom, granite & marble counters, hand-scraped wood floors, CAT-5 wiring throughout, oversized 2+ car garage and small backyard – perfect for pets. Large Master Bedroom with sitting area, walk-in-closet, spa tub, shower & double vanities. Top Rated Schools. Walk to Whole Foods, Pier & Beach.
PRICED AT: $999,999
Damira Bacic
310.346.1810 Damira@DamiraBacic.com
Serving sellers & buyers in the South Bay for 25 years…
join us. better fees. advertising. innovation.
George Fotion
310.598.1227
Cell: 310.346.6467 george.fotion@homeispalosverdes.com
www.goo.gl/EJZRY BROKERS
DRE : 01405276 | OREA: AT044838
Buying and Selling the Beach Lifestyle DIRECT EMAIL WEB
3022 Via Borica This tranquil and idyllic setting nestles a home that boasts too many upgrades to list. 5 Bedrooms • 3 Baths • 2,663 Sq. Ft.
PRICED AT $1,685,000
ARE YOU READY? I AM HERE FOR YOU.
BUY | SELL | BUILD | INVEST
310.502.7210 SK@BeachSanctuary.com CaliforniaSanctuary.com
Paul Kerza
DRIVEN TO ACCOMPLISH YOUR REAL E S TAT E G O A L S
Residential | Investment real estate 1215 highland avenue, manhattan beach, ca 90266 310.696.9732 | Paul@PaulKerza.com | www.PaulKerza.com
www.southbaydigs.com 3.23.2012 | SOUTHBAYDIGS.COM 57
“Home sales of between $30 and $50 Million every week ---More buyers and sellers choose RE/MAX,
and nobody sells more real estate!”
Discover LOCATIONS BEVERLY HILLS 9454 Wilshire Blvd., Suite 600 Beverly Hills, CA 90212 Phone: 310-205-0050 Fax: 310-559-5587
MANHATTAN BEACH 400 S Sepulveda Blvd., Suite 100 Manhattan Beach, CA 90266 Phone: 310-376-2225 Fax: 310-376-6522
RANCHO PALOS VERDES 28901 Western Ave. Rancho Palos Verdes, CA 90275 Phone: 310-514-1364 Fax: 310-514-1420
SILVER SPUR 450 Silver Spur Road Rancho Palos Verdes, CA 90275 Phone: 310-544-9999 Fax: 310-703-1999
EL SEGUNDO 402 Main Street El Segundo, CA 90245 Phone: 310-322-1425 Fax: 310-322-5724
MARINA DEL REY / VENICE 155 Washington Blvd. Marina Del Rey, CA 90292 Phone: 310-577-5300 Fax: 310-577-5301
REDONDO BEACH 1720 S Elena Redondo Beach, CA 90277 Phone: 310-378-7747 Fax: 310-378-1997
SOUTH BAY 23740 Hawthorne Blvd., 2nd Floor Torrance, CA 90505 Phone: 310-378-9889 Fax: 310-378-2745
MALAGA COVE 63 Malaga Cove Plaza PALOS VERDES EST., CA 90274 Phone: 310-378-9494 Fax: 310-373-3427
MIRALESTE 5 Miraleste Plaza Rancho Palos Verdes, CA 90275 Phone: 310-831-0222 Fax: 310-831-1684
SANTA MONICA 620 Santa Monica Blvd., Suite B Santa Monica, CA 90401 Phone: 310-264-2225 Fax: 310-264-2200
WEST LOS ANGELES 2999 Overland Blvd., Suite 104 West Los Angeles, CA 90064 Phone: 310-559-5570 Fax: 310-559-5587
PERFECTING EXPERIENCE THE
DELIVERING THE ULTIMATE REAL ESTATE EXPERIENCE FOR HOME SELLERS & BUYERS IN THE SOUTH BAY
CANDICE CARPENTER 310.871.5100 DIRECT Top 5 in Real Estate | Certified Residential Specialist Luxury Home Marketing Specialist Candice@CandiceCarpenter.com REMAX Beach Cities – Manhattan Beach
RE/MAX®
BEACH CITIES REALTY PALOS VERDES REALTY/EXECS
Trendy Beach Condo Open Sundays 1-4pm
www.240thevlg204.com
• one bedroom plus den • 2 side-by-side parking spaces • storage room plus HUGE storage lockeR Absolutely adorable with all its new appointments of granite counters, smoothed ceilings, crown molding and designer colors. Open and sunny, this unit is nestled in among the Seascape I community located along the water front of King Harbor. Flexible floor plan with its den which can be converted to a home office or guest sleeping area makes this condo extremely desirable.
NEW PRICE OF: $402,000
ADRIENNE
RE/MAX Hall of Fame 1720 S. Elena Redondo Beach, CA 90277 Direct: 310-386-7700 DRE No. 00785436
Brokers open Thursday March 22, 12-2pm Sunday March 25 1-4 pm
Jack McSweeney CDPE, SRES, e-PRO, PVS
RE/MAX Execs, Realtor / Manager Member of the RE/MAX Hall of Fame JackMcSweeney.com SoBayCalMLS.com 310 346-0391 cell / 310 356-4285 office
SELLING THE SOUTH BAY LIFESTYLE On Point, On Target, Rapid Responder
601 s. prospect ave. #307, Redondo Beach Sunny Southern exposure with balcony | Quiet location away from street | Super bright with vaulted ceilings | 1 bdrm plus loft or 2nd bdrm | End unit looks out to trees and landscape | New dual pane windows and sliding doors | Newly redone bath | Newer kitchen appliances | Laminate floors | Beautiful Brookside Village with 2 pools, spa, waterfalls, tennis and more | Short walk to park and beach
offered at $329,000
Vince De Luca, GRI, QSC, CDPE REALTOR/Broker, RE/MAX Execs
310.356.4232 JustAskVince.com 60
SOUTHBAYDIGS.COM | 3.23.2012
WANTED Tree Section Lots for my cash buyers! Duplex’s in North Manhattan Beach for my buyers! Call me if you are on the fence about selling. It’s uncomfortable on the fence and it is a HOT market!
Alison Clay-Duboff TOP PRODUCER 2007-2011 “CITIZEN OF THE YEAR” 2011
(310) 200.3037 alison@alisonISrealestate.com alisonISrealestate.com alisonsglobalrealestate.com D.R.E. #01786922
visit me at RedondoBeachPatch.com “What they’re saying about Alison” TESTIMONIALS
710 8th place Hermosa Beach 4 BEDROOMS | 3.5 BATHROOMS 3535 SQ. FT This elegant single family home custom built by MRW construction in 2005 is in fabulous condition. Lots of custom finishes throughout. 4 bedrooms 3 1/2 baths, formal living and dining room, and a great room off gourmet kitchen with stainless steel appliances. First floor has 1 bedroom and bath plus a game/media room 2 car garage. 2nd floor has 3 more bedrooms, 2 baths, entry and sitting area in foyer. Take the hardwood stairs to the living area here you have a formal living and dining rooms. Powder room, very large kitchen apx. 20x20 with white cabinets, and large south facing family room and exterior deck. This fine home also comes with a ocean view roof top deck. Some of the upgrades that come in this home include: wainscoting, crown molding, granite, travertine stone work, Brazilian cherry hardwood floors and stairs.
Real Estate I need you, You need me “TO BE NUMBER ONE, YOU MUST BE FIRST!”
CALL NOW! 310-678-0929 • Email: tjparkr@msn.com
FEATURED PROPERTY! Katnik Properties 310-374-8148
SCOPE 2012
326 S. Pacific Coast Hwy, S. Redondo Beach 90277
DRE #01462843
INNOVATING COMMERCIAL
Offered at $1,750,000
Executive Office
Steve Legare DRE 00452827
SEA BREEZE PLAZA
1926 S. PCH 109-A S. RB
116 S. Catalina Ave S. Redondo Beach 90277
Villa Group Real Estate 310.939.7171 Cell: 310.291.0859
1801 South Catalina S. Redondo Beach 90277
your home deserves it.
MAKE YOUR HOME IRRESISTIBLE REDESIGN CONSULTATION DETAILED ACTION PLAN PROVEN RESULTS • DE-CLUTTERING • FURNITURE PLACEMENT • TRAFFIC FLOW • COLOR CONSULTATION • FURNITURE RENTAL HOME & ROOM MAKEOVERS
Let’s Stage it!
j|v~
VÜxtà|äx Wxá|zÇ
Snyder Ins and Fin Svcs Inc Cynthia T Snyder, Agent Insurance Lic#: 0G40480 Bus: 310-546-7803 cynthia@cynthiasnyder.com
310.293.5531 facebook.com/wickcreativedesign www.sandra@sandrawick.com
“II’d recommend them to anyone!” David Caskey-Shorewood Realtors
sandra wick & aubree swenson-wick
appraisals.
Love, hope, success, family, security. Love, hope, success, family, security.
Some things we all have in common.
There’s nobody like me to protect the things we all value. Like a good neighbor, State Farm is there.® Snyder Ins and Fin Svcs Inc ME TODAY. Some things we all have in common. CALL
Some things we all have in common.
Cynthia T Snyder, Agent Insurance Lic#: 0G40480 Bus: 310-546-7803 There’s nobody like cynthia@cynthiasnyder.com
There’s nobody like me to protect the things me to protect the things we all value. we all value. Like a good neighbor, State Farm is there. Like ME a good neighbor, State Farm is there.® CALL TODAY. CALL ME TODAY. ®
Diana Roberts
appraiser | broker
310.980.3426 1101022 DRE : 01405276 | OREA: AT044838
CHECK OUT SOUTH BAY DIGS INTERACTIVE SCAN THIS QR CODE!
Snyder Ins and Fin Svcs Inc Agent Lic#: 0G40480 1417 N. Sepulveda Blvd., Manhattan Beach, CA 90266 Bus: 310-546-7803 | cynthia@cynthiasnyder.com State Farm, Home Office, Bloomington, IL Cynthia T Snyder,
1101022
State Farm, Home Office, Bloomington, IL
3.23.2012 | SOUTHBAYDIGS.COM 61
AUCTIONS South Bay Properties Wednesday, March 28th at 12pm
STARTING BID $199,000
HAWTHORNE OFFICE BUILDING - 13663 PRAIRIE AVE. HAWTHORNE, CA
STARTING BID $50,000 (Appraised at over $900,000)
GARDENA RESIDENTIAL LAND - 14615 CHADRON AVE. GARDENA, CA
Two Lender-Owned Properties to be Auctioned March 28th 12pm
BID LIVE OR BY PHONE!
Call the Specialists at BRAUN to sell your property! Custom Designs | Residential | Commercial | Refresh | Custom Staging
818.601.5660 | www.JocelyneBorysDesign.com
310.798.3123 x100 www.BraunCo.com
the
DRE: # 00958114
CA BOND: #0347742 • DRE: # 01248708
THERE IS ONLY ONE ADDRESS
steps from everything in Cabo.
distinctive + functional + intelligent + artistic
Hacienda Beach Club & Residences is a 22-acre, $230 million private beach club and residential community, offering resortlike amenities steps from downtown Cabo San Lucas and located on 1,600 lineal feet of prime beachfront at Medano Beach.
P R I T Z KA T & J OHN S ON A R C H I T E C T S
4 Bedroom | 3.5 Bath | 2340 sqft Designer Perfect Residence | Custom Finishes | Oceanfront
Welcome to the perfect family home-away-from-home Call 310.500.6070 now for exclusive rental offers
62
SOUTHBAYDIGS.COM | 3.23.2012
Architecture | Design | New | Renovation | Consultation Over 30 years of experience in the South Bay For a complimentary consultation call 310.375.7700
www.pritzkatjohnson.com
LIS NEW TI NG !
RANCHO PALOS VERDES
Ocean Bluff Modern Contemporary OCEAN BLUFF ESTATE ! Spectacular ocean and sunset views from this gorgeous OCEANFRONT home located on the most prestigious street in Lunada Pointe Bluffs of Palos Verdes Peninsula. Designed by legendary architect Marshall Lewis, this modern contemporary home offers the best of indoor and outdoor living. 7,800 sq. ft living space on 1.3 acres of land, 4 bedrooms plus an office, living, dining and family rooms, recreation room with sauna, exercise room and a wine cellar designed by Paul Wyatt with capacity for 2200 bottles and a wine tasting room. French doors throughout that lead into beautiful landscaped backyard overlooking views. Most living area on the first level, 4-car garage, gated estate, shared tennis court and club house, direct access to ocean trails, panoramic ocean, Catalina and sunset views, whale watching and easy access to Terranea Resort and Trump golf course. Wine cellar / wine tasting room could be converted to 5th bedroom or maid quarters.
4 BD PLUS OFFICE & 6.5 BA ~7,800 SF~ 1.3 ACRE LOT
ROLLING HILLS
$6,999,000
French Normandy Style w/ Ocean Views
$5,999,000
PALOS VERDES ESTATES
$4,999,999
Queen’s Necklace, Ocean and City Views!
• 5 BD & 7 BA ; 8,000 SF living space
• Gated estate w/ 5 BD & 4 BA; 4,700 SF living space
• 4.39 acre lot w/ panoramic ocean & city light views
• 1.13 acre lot; pool overlooking ocean / city views
• Gourmet Kitchen opens to Great Room
• Living, family, dining & breakfast area
• Library, media room, living, dining rms & wine cellar
• Large Master suite with 2 walk in closets & large bath
• 1200 SF brand new barn
• Lush, green landscaped grounds w/ outdoor BBQ: 3-car garage
• Pool & spa; 4-car garage; large flat grass area
• Crown moldings; french doors throughout
Look for QR Codes like this to take an instant virtual tour of a property using your Smart Phone. Just download a free bar code reader app for your phone, open the app, point your camera phone at the bar code and follow the instructions.
Presented by… palos verdes office manhattan beach office
310.698.4545 310.379.2167
www. RajuSells .com DRE: 00874072
PRESENTED BY RAJU C HHABRIA CO U NO NS ND W TR ER UC TI ON
2 SPECTACULAR BEACHFRONT PROPERTIES
REDONDO BEACH
Beachfront Spanish / Mediterranean Villa Enjoy spectacular views of the Queen’s Necklace, Santa Monica Bay, white water & ocean from this gorgeous home with separate maid quarters and a paneled study / office . Situated right on the Ocean with only steps to the Beach and a short distance to the Redondo Pier. Beautiful entry hall boasts a Murano glass chandelier. Gourmet kitchen w/ top of the line appliance - 3 baking ovens, 2 warming ovens and 2 microwaves, 3 sinks, 2 subzeroes, six burner range and griddle and 2 dishwashers!! Grand marble staircase that leads up to the master and 3 bedrooms upstairs. The Master bedroom has a deck with 180 degree view of the ocean & city
HERMOSA BEACH - OFFERED BY DON DOUKOULLOS
Hermosa Beach Strand Beachfront Masterpiece
and a large 400 SF closet. There is also an atrium with skylight; a game room that leads out a
This new masterpiece will feature 5 bedrooms / 8 baths with 7,000 SF of living space. Situated on
large ground level deck complete with a fire pit perfect for entertaining! Other special features
a 70 ft. wide beachfront lot with panoramic ocean & white water views to Malibu, Catalina and
include 25 hand carved interior doors, 7 decks- three with 180 degree ocean views, 8-car garage
Palos Verdes. Floorplan to include a formal living, dining and great room, game room, disco
approximately 2,000 SF, elevator, indoor fountain, 8 fireplaces. Maid’s quarters and office /
and movie theatre room. Other special features include an elevator, wine cellar and rooftop deck.
study could be 6th& 7th bedroom.
Design by Louie Tomaro
5 BD & 7.5 BA ~ 9,200 SF ~ 7,458 SF LOT
$10,000,000
5 BD & 8 BA ~ 7,000 SF ~ 70 FT. WIDE LOT
palos verdes office manhattan beach office
$14,900,000
310.698.4545 310.379.2167
www. RajuSells .com
Manhattan Beach Hill Section Southwestern Style Home
Palos Verdes Estates Custom Home w/ Queen’s Necklace View!
Palos Verdes Estates Mediterranean Home w/ Ocean Views
8 BD & 8 BA ~ 7,000 sq. ft. on 10,505 sq. ft. lot
5 BD & 5.5 BA ~ 5,700 sq. ft. on 16,500 sq. ft. lot
5 BD & 5 BA ~ 5,679 sq. ft. on 11,151 sq. ft. lot
$4,895,000
$4,499,000
$2,499,999
Rancho Palos Verdes Unobstructable Ocean Views!
Hermosa Beach Walkstreet Location Next to the Strand
Rancho Palos Verdes Contemporary Home w/ Ocean View
5 BD & 3.5 BA~5,314 sqf. t. on 21,257 sq. ft. lot
3 BD & 4 BA ~ 2,520 sq. ft. living space on 2,863 sq. ft. lot
4 BD & 4 BA ~3,800 sq. ft. on 10,023 sq. ft. lot
$2,599,000
$2,299,000
$1,999,000
San Pedro Panoramic Unobstrutable Ocean Views!
Palos Verdes Estates Brand New Home in Monte Malaga
Manhattan Beach Brand New Home in Tree Section
3 BD & 2 BA ~ 1976 sq. ft. living space on 11,795 sq. ft. lot
4 BD & 3.5 BA ~2,536 sq. ft. on 9,888 sq. ft. lot
5 BD & 4.5 BA ~ 3,200 sq. ft. on 4,640 sq. ft. lot
$1,999,000
$1,799,000
$1,899,000
www.RajuSells .com
Palos Verdes Estates 1512ViaCastilla.com
Palos Verdes Estates 564ViaMedia.com
One Level Contemporary $2,249,000
Elegant Panoramic View Home $2,695,000
Palos Verdes Estates 2808PaseoDelMar.com
European Influenced Elegance $5,695,000
Redondo Beach 816Esplanade.com
Beachfront Retreat $1,499,000
THE EDLER GROUP Local Touch, Global Reach
VIEW ALL PROPERTIES - THE NEW EDLERGROUP.COM
Office: (310) 421-2814 Fax: (310) 265-8889
Palos Verdes Estates 4029ViaPima.com
Warm and Welcoming $1,375,000
West Hollywood 942NorthLaurel.com
Spanish Beauty $1,395,000
Palos Verdes Estates 2863ViaVictoria.com
Palos Verdes Estates 145RockyPointRoad.com
Spacious, 5,000 Sqft. w/ Views $2,199,000
Ocean Front Estate $5,300,000
DARIN DeRENZIS
KITTY EDLER
RICK EDLER
Direct: (310) 418-6210
Direct: (310) 283-8790
Direct: (310) 872-4333
darin.derenzis@peninsulasir.com DRE# 01760239
kitty.edler@peninsulasir.com DRE# 00800837
rick.edler@peninsulasir.com DRE# 01113145
TOTAL TRANSPARENC Y With the rates that we offer, there is nothing to hide. We provide our clients honest answers, sound advice and exclusive programs.
Recent Client Testimonial: “Regan was referred to me by a family member. I have been through many real-estate purchase and refinance transactions over the years. Working with Regan was a no nonsense, clear and efficient experience. He responds to E-mail questions promptly and communicates exactly what is required for the “next” step. He accurately represented everything that would happen during our transaction and there were no surprises. I would not hesitate to recommend him to other friends and family members.” - Garry F.
Welcome to Watermark: Transparency and solutions are the foundation of my success, and I promise both to each and every client. While other lenders focus on feel good services, I focus on the financing. In an industry that hasn’t had a great reputation over the past few years, I take pride in knowing that I’ve gained the trust and respect of my clients. In today’s market the most important thing when obtaining a home loan is the mortgage professional you work with and the resources that they have at their disposal. Whether you have a simple conventional purchase, or a complex Jumbo transaction feel free to call me at anytime and find out why Watermark is right for you.
Regan Hagestad - Managing Director of Mortgage Banking 310-607-0131 I rhagestad@watermarkhomeloans.com I www.welcometoregan.com
EXCEPTIONAL rates We encourage you to compare our interest rates and programs with other local lenders. Then call us to experience the difference in service.
30 Year Fixed up to $2,000,000 4.625% (4.642% APR) No Points Conforming loans with No points
Jumbo loans with No points
30 year fixed up to $417,000 3.99% (4.050% APR) 30 year fixed up to $625,500 4.375% (4.416% APR) 15 year fixed up to $625,500 3.625% (3.695% APR)
5 year fixed ARM up to $2,000,000 3.125% (3.385% APR) 10 year fixed ARM up to $2,000,000 4.0% (3.693% APR) 5 year fixed ARM up to $5,000,000 3.5% (3.506% APR)
FHA loans with No points
VA loans with No points
30 year fixed FHA up to $729,750 3.875% (4.433% APR)
30 year fixed VA up to $1,500,000 4.0% (4.124% APR) Rates Effictive 3-19-12
Call me personally for a private consultation
Regan Hagestad 310-607-0131 www.welcometoregan.com Mortgage rates could change daily. Actual payments will vary based on your individual situation and current rates. Some products may not be available in all states. Some jumbo products may not be available to first time home buyers. Some restrictions may apply. Based on the purchase/refinance of a primary residence. Credit and collateral subject to approval. Loan to value, debt to income and cash-out restrictions may apply. Programs, rates, terms and conditions subject to change without notice. Please remember that we don’t have all your information, so this does not constitute a commitment to lend. Therefore, the rate and payment results may not reflect your actual situation. To get more accurate and personalized results, please call (800) 357-4077 to talk to one of our mortgage bankers .Watermark Capital Inc. 16485 Laguna Canyon Rd. #205 Irvine, CA 92618 DRE license number 01523306 NMLS ID: 1838
PRIVATE MORTGAGE BANKING TEAM
Service, Knowledge, Partnership.
Experience the difference of Private mortgage Banking.
Nathan Staggs
Eli Fairfield
NMLS# 870768
NMLS# 411752
Mortgage Consultant
First Vice President
310.367.3717 Nate@PMBteam.com
310.227.3359 Eli@PMBteam.com
www.PMBteam.com
www.PMBteam.com
(COMING SOON...)
(COMING SOON...)
Private Mortgage Banking Division of Medallion Mortgage Company 1230 Rosecrans Ave., Suite 680. Manhattan Beach, 90266 Medallion Mortgage Company, LLC is an Equal Housing Lender. This is not a commitment to lend. Loan approval is subject to qualification. Medallion Mortgage Company, LLC does not guarantee that each applicant will receive a loan.
WWW.C21UNION.COM
UNION REALTY CO., INC.
MAKING YOUR DREAMS OF OWNING A HOME…REALITY.
Rancho Palos Verdes - 4919 FABULOUS 20,007 SQ FT LOT WITH HARBOR VIEWS!
Torrance - 0211 3 Bed | 2.5 Bath | 2010 sq ft | 6258 sq ft Lot
Rancho Palos Verdes - 4838 3 Bed | 1 Bath | 1060 sq ft | 5286 sq ft Lot
Torrance - 4907 3 Bed | 1 Bath | 1060 sq ft | 5286 sq ft Lot
Build your dream home in a very prestigious neighborhood.
Very nice home located in the Country Hills section of South Torrance with spacious living quarters on two levels.
Great location in Wiseburn School District, detached 2-car garage and pool in backyard.
Great location in Wiseburn School District, detached 2-car garage and pool in backyard.
$769,000
$1,660,000
$1,660,000
Torrance - 4925 3 Bed | 2.5 Bath | 1983 sq ft | 2548 sq ft Lot
Torrance - 4935 3 Bed | 2 Bath | 1564 sq ft | 5500 sq ft Lot
Hawthorne - 0232 3 Bed | 3 Bath | 1711 sq ft | 7929 sq ft Lot
Hawthorne - 4904 3 Bed | 3 Bath | 1711 sq ft | 7929 sq ft Lot
Large and turn-key home in desirable Walteria area with Mahogany hardwood floors throughout. Warm and inviting home with very well planned living space!
Bright and spacious home located in the desirable Hollywood Riviera section of Torrance with open living room with fireplace, upgraded kitchen and private backyard.
Wiseburn home with detached mother-in-law quarters/rumpus room. Front house is 1722 sq ft with family room, living room with fireplace and large kitchen with granite counter tops and center island.
Wiseburn home with detached mother-in-law quarters/rumpus room. Front house is 1722 sq ft with family room, living room with fireplace and large kitchen with granite counter tops and center island.
$675,000
$715,000
REDUCED and PRICED TO SELL: $419,000
REDUCED and PRICED TO SELL: $419,000
$545,000
Meet our Newest CENTURY 21 UNION TEAM They are South Bay locals & whether you’re buying or selling they can get the job done. They are Real Estate Superhero’s AND THEY’RE SUPER NICE TOO!
MEET THE BROWN TEAM.
Hawthorne - 0233 6-Unit Income Property | Fully Occupied | No-Rent Control
Hawthorne - 0221 4-Unit Income Property | 4930 sq ft | 6000 sq ft Lot
Hawthorne - 4651 4-Unit Income Property | 4930 sq ft | 6000 sq ft Lot
Standard sale in great location in highly desirable rental area of Hawthorne. Well maintained with newer roof, paint.
Front unit is 3-bedroom, 2 baths – townhouse style. Plus 3 units, each 2 bedroom + 1.5 bath Townhouse style. West of Hawthorne.
Front unit is 3-bedroom, 2 baths – townhouse style. Plus 3 units, each 2 bedroom + 1.5 bath Townhouse style. West of Hawthorne.
$779,999
$699,000
$699,000
LICENSING COURSE
ALL FOCUS MORTGAGE
TRI-CITY ESCROW
$179.00 GUARANTEED TO PASS!
FREE PREQUALIFICATION & CREDIT REPORT 310.918.0725
“SERVING THE SOUTH BAY
DOUBLE YOUR INCOME! CALL RAY 310.793.3311 OR STEVE 310.316.0909
FOR OVER 30 YEARS”
RESIDENTIAL | INCOME | LAND BUSINESS OPPORTUNITY 310.326.7601
OUR SOUTH BAY OFFICE TO SERVE YOU 23900 HAWTHORNE BLVD, TORRANCE CA
310.371.6330
CINDY SHEARIN EXPERIENCED. DEDICATED. PASSIONATE. CREATIVE. THOROUGH.
coming soon HERMOSA SAND WITH UNOBSTRUCTABLE OCEAN VIEW 2 Short Blocks to the Sand, 3 Bedrooms, 2.5 Baths, Living Room, Family Room
IN ESCROW
IN ESCROW
ENTERTAIN
MAJESTIC
BEST PRICED MANHATTAN HILL SECTION HOME WITH OVER 4,000 SQUARE FEET
LOCATED IN ONE OF THE MOST DESIRABLE AREAS IN EAST MANHATTAN BEACH
5 Bedrooms, 4.5 Baths, 4,356 Sq Ft, 6,000 Sq Ft Lot
5 Bedrooms, 4 Baths, 3,859 Sq Ft, 5,998 Sq Ft Lot, Pool & Spa
$2,489,000
$1,699,000
Cindy Shearin The Shearin Group 310-546-1501 310-200-8318 cell www.CindyShearin.com DRE #00925580
CRS, GRI, e-PRO GREEN CERTIFIED CERTIFIED LUXURY HOME MARKETING SPECIALIST
THE SHEARIN GROUP BUY. SELL. DESIGN. REMODEL. BUILD. THE HERMOSA STRAND JUST WHEN YOU THOUGHT YOU COULDN’T….NOW YOU CAN!
RELAX
(VACATION & INVESTMENT OWNERSHIP)
RECREATE RESTAURANTS units ranging between $400,000 - $900,000
WE ARE THE BEACH HOUSE SPECIALISTS - CALL FOR MORE DETAILS!
Serving the South Bay for Over 20 Years My clients are your neighbors and friends… Their satisfaction is my best advertising! Whether buying, selling or just for information.
” Ho “ me LA of Tim th es e W ee k
904 Highview Avenue, Manhattan Beach Gerald Horn, F.A.I.A.--Sharon’s California House II With its commanding choice corner lot in Manhattan Beach’s popular Hill Section, this A.I.A. award winning residence has become a local landmark. The artistic architecture is a studied yet warm expression of modernism, and affords a rare and sophisticated backdrop for gracious living at the beach. Custom steel truss beams vault the open plan interiors, while rhythmically set solid teak wood windows warm the space, and frame panoramic ocean vistas. Working in poured concrete, steel and glass, Horn has floated the embracing U shaped living spaces above the interior courtyard which is walled and sheltered for outdoor privacy and comfort. While only a few minutes walk to town or the beach, the premier location allows for convenient guest parking, and quiet enjoyment of the Manhattan Beach environment. Residence includes: living room and formal dining room, family room that opens to the private courtyard, 3 bedrooms, 3.5 baths, and direct entrance 2 car garage.
$3,600,000
Gerard Bisignano Contact me for more information on off-market Strand and Walk Street homes.
Cell: 310-990-4727 | Office: 310-376-6004 gerard@coastalluxuryliving.com www.coastalluxuryliving.com
DRE: 01116110
Ho “ me LA of Tim th es e W ee k”
LIS NEW TI NG
1169 Lakeshore Blvd., Incline Village NV
718 The Stand, Hermosa Beach
18 Hole Golf Course, 395-acre property, 113 Space Full Hook-up RV Park, On Site Restaurant. Access to 10,000+ Acres of Public National Forest Land, Trails for ATVs, Horseback Riding, Mountain Biking and Hiking.
Custom built LakeTahoe estate featuring 5 Bedrooms, 6 Baths on 80 feet of frontage on the lake. Wine Cellar, Home Theater, & Permitted Buoys. Lake views from all 3 levels.
Contemporary Strand Property Designed by Notable Architect, Dean Nota. Stunning 3 Bedroom, 4 Bath Home sits on the Hermosa Beach Strand just South of the Pier & Downtown. Panoramic Views from all 3 Levels.
Price provided upon request
$11,700,000
Price provided upon request
Expansive Luxury Estate
Virginia Farm House-Rolling Hills
2108 Thorley Rd., Pve
Behind the Gates, 12,000 Square Foot Home on 2 Acre Lot, 6 Bedrooms, 8 Baths, Gourmet Kitchen Formal Living & Dining Rooms, Home Theater, Wine Cellar, & Billiards Room, Rear Yard w/ Pool & Spa, 4 Car Garage
5 Large Bedrooms, 6.5 Baths, 8,610 sq. ft. estate Nestled on almost 2 Acres of Land, Every Room Features Expansive Views of Ocean Catalina Island & Rolling Hills Canyons,
Luxurious Cape Code Home, Located in Lower Lunada Bay, 6 Bedrooms, 4 Baths, Formal Living & Dining Rooms, Office, Maid’s Quarters, Posh Master Suite with Ocean Views & Ocean View Deck
$6,999,000
$6,495,000
$2,995,000 LIS NEW TI NG
BA OF CKU FE P R
BA OF CKU FE P R
RE PRI DU CE CE D!
Private Millionaire’s Playground
130 19th Street, Manhattan Beach
128 14th Street, Manhattan Beach
515 8th Street, Hermosa Beach
Stunning Walk Street Location Only 5 houses from the Strand! 4 Bedroom, 3 Bath Home, Ocean View Deck with Spa & gas BBQ, 2,144 Square Feet
Manhattan Beach Income Property w/ Development Potential. 30X93 lot, 3 Lots from the Strand. 3 Large 1-Bedroom Units, Recently Upgraded. Back Unit Has a Small Yard, Upper Unit Has an Ocean View.
Great location, 5 blocks to beach. Detached 5 bedroom, 4.5 bath townhome with Master Bedroom, Formal Dining Room & Ocean view rooftop deck.
$2,695,000
$2,199,000
$1,150,000
Your home is extraordinary.
SHOULDN’T YOUR REPRESENTATION BE THE SAME?
www.CoastalLuxuryLiving.com
LiveInHollywoodRiviera.com Your Number 1 Realtor in the Hollywood Riviera Top 4 realtor For All of ReMax Palos Verdes Realty in 2011
ES IN CR OW
!
LIS NE TI W NG !
Offered at: $799,000
4717 Macafee Road, Torrance
Offered at: $725,000
PUBLIC OPEN HOUSE, SATURDAY & SUNDAY 1-4 PM
This meticulously maintained and updated Seaside Ranchos home has plenty of room for the whole family. The home includes 4 bedrooms and 3 bathrooms in 2,450 square feet. The huge family room is perfect for relaxing or entertaining. And you can relax outdoors in the big grassy front area or the backyard deck. The home is an easy walk to schools, shopping and dining.
www.4717Macafee.com 23705 Susana Ave, Torrance 3 Bed. 1.5 Bath. 1,275 sq ft, 6,000 sq ft flat corner lot.
ES IN CR OW !
www.23705Susana.com
Igor Nastaskin
Offered at: $1,079,000
Cell: 310.892.6016 Office: 310.378.9494 inastaskin2@socal.rr.com www.IGORrealestate.com DRE 01317822
Your Best Move.
5623 Via Del Collado, Torrance 4 Bed. (one used as Den) 1 3/4 Bath. 9,000 sq. ft. lot.
www.5623ViaDelCollado.com
# 1 Realtor速 in Sales Volume in the Hollywood Riviera in 2010 #1 Realtor速 in the Hollywood Riviera for 6 out of the last 9 years -- Over $100M in Total Sales Volume in the Hollywood Riviera since 2002 Over 100 Single Family Home Transactions in the Riviera since 2002 -- All time Highest Price Sale in the Hollywood Riviera (East of Palos Verdes Blvd.) at $2.55M (Source: Trendgraphix Inc)
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