South Bay Digs 4.29.11

Page 1

south bay find your place.

www.SouthBayDigs.com April 29, 2011

The Lawrence Harris Residence in Hermosa Beach a Landmark of Modern Beach Living with Uncompromising Sophistication and Panoramic Ocean Views Offered by Gerard Bisignano, Peninsula Sotheby’s International & Crosby Doe, Crosby Doe Associates

Check the details on p37

04.29.2011 | SouthBayDigs.com  1


“Let F reed ma n m” R ing.co

No other RE/MAX agent has sold more real estate in the three Beach Cities combined!

Robert Freedman 310-291-7779

Impeccably Remodeled Townhome

Incredible Home-on-the-Hill Has It All!

617 Crest Manhattan Beach

230 Anderson, Manhattan Beach

This showpiece Townhome has undergone a total transformation of style to a contemporary beach house, utilizing the open floor plan to create an entertainer’s ocean view paradise. • Nearly 2,300 square feet of living space, and 2-car garage • 3 bedrooms, 3 ½ baths, including a large master suite with steam shower, spa tub, and custom walk-in closet

Perched upon one of the highest points of the prestigious Manhattan Beach Hill Section, this amazing home was built to the highest of standards with the finest finishes.

Twitter.com/LetFreedmanRing

Specially Priced at $1,999,122

• 4 bedrooms, 3½ baths including sound insulated master suite • Library with custom crafted book shelves • Full artist studio, gym, and wine cellar

Offered at $4,995,000


Six Year New Spanish Villa 923 Eighth Street Manhattan Beach Located on a 50 wide, 7,200 Square Foot lot on an excellent street in the heart of the Hill Section, this very special Family Home offers spectacular City and Mountain views, and a big back yard. • Dramatic entrance with soaring 26 foot ceilings • Traditional floor plan with the great room at the rear of the home overlooking the spacious patio and grassy yard • Cherry Hardwood floors & stairs, and lustrous stained cabinets • 5 Bedrooms and 4.5 baths with nearly 4,400 sqft of spacious living

Offered at $3,099,122 #1 at RE/MAX Manhattan Beach for over 25 years running

www.LetFreedmanRing.com


At Coast Capital Group, we never forget that our success is only as great as the experience of each and every client. You’ll never feel like a number, a fico score or debt ratio. We will provide you exclusive lender offerings at rates and terms you will be telling your neighbors about. We promise to exceed your expectations. Some of our current offerings for 4/25/11 30 year fixed to $729,750 at 4.875%, 4.917% APR, No Points 5 year fixed ARM loan to $1,500,000 at 3.625%, 3.39% APR, No Points 7 year fixed ARM loan to $1,500,000 at 4.00%, 3.57% APR, No Points 10 year fixed ARM loan to $1,500,000 at 4.875%, 4.125% APR, No Points 30 year fixed loan to $1,500,000 at 5.5%, 5.560% APR, No Points 5 year fixed ARM to $4,000,000 at 4.00%, APR 3.563%, No Points *Subject to Terms and Restrictions


J

The Ultimate Contemporary on the Sand

Stunning Ocean View Cape Cod Townhome

3001 THE STRAND, HERMOSA BEACH

2412 ALMA AVENUE, MANHATTAN BEACH

• • • • •

• • • • • • • •

• • • • • • •

6,200 sq ft featuring 5 Bedroom, 5.5 Bath & Gym - Built in 2007 Doors on west wall open completely allowing living space to flow out onto large deck Oversized lot (37x108) allowing for spacious open floor plan with high ceilings Stunning Calcutta marble slab flooring throughout Highly efficient Kitchen with Bulthaup Cabinetry, Miele Appliances, 2 Dishwashers, tons of storage & built-in cappucino maker Huge Ocean Front Master Suite with herringbone limestone floors, brazilian granite fireplace, office alcove, large walk in closet, black-out blinds and in suite washer & dryer Stunning Master Bath with Jacuzzi tub, dry sauna & steam shower Large Home Theater complete with padded ultra-suede walls & plush seating Gym with Closet & Full bath – Can be used as 6th Bedroom Fully integrated whole house Audio, Video & Lighting Systems Radiant Floor Heating, Forced Air & Air Conditioning 5 stop Elevator Large Roof top Deck with fireplace and 360 degree views

• • • • • • •

Amazing Panoramic Ocean Views from Malibu to Catalina Fully Detached – 2380 sq ft Built by Matt Morris Development in 2005 3 Bedroom, 3 1/2 Bath Bright, Open Spacious Floor Plan with high ceilings on all levels 3 Stop Elevator Wide Plank Hickory Pecan Wood Flooring throughout Designer Perfect Kitchen with custom cabinetry, honed granite countertops, glass mosaic backsplash and professional grade appliances Elegant Master Suite with walk-in closet, private balcony and Stunning Master Bath with custom tile and mosaics Custom Built-ins in 3rd Bedroom perfect for Office or Dramatic Guest Room Hi-End Designer Plumbing & Electrical Fixtures Outdoor Shower Private Landscaped Rear Yard 2 Car Garage, Driveway & Guest Space – parking for 5! One of the Finest Townhomes in all of Manhattan Beach!!

Offered At $10,999,000

3001TheStrand.com

Offered At $2,299,000

2412Alma.com

Take a seat. I’ll do the rest.

CALL FOR MORE INFORMATION

Matt Morris 310.546.4300 Mattmorrisdevelopment.com


Units For sale starting at $599,000

Where Work, is anything but‌ Free yourself from the confines of the cubicle. Cut the commute. and discover an entirely new way to work. Where inspired architecture meets intelligent design. Where spectacular views are not just reserved for the corner office. WelCome to 1300 highland avenue. an extraordinary mix of 34 contemporary work lofts and retail units, each one as unique as you.

ideally located in the heart of a vibrant

beach community, 1300 highland avenue puts the best of coastal living right outside your office door. merging the concepts of productivity and lifestyle, efficiency and fun, work and play.

Bryn Stroyke Stroyke ProPertieS 920 Manhattan Beach Blvd, Ste 4 office: 310-545-9595 cell: 310-880-3436 bryn@stroykeproperties.com


2909 THE STRAND HERMOSA BEACH YOU’VE BEEN LOOKING FOR THE PERFECT ONE-OF-A-KIND COLLECTABLE…NOW YOU’VE FOUND IT.

There’s no other property like it on The Strand, and there never will be. there is more to life at 2909 the Strand. Much, more, with three above ground floors (instead of the typical two) and each of them almost 50 feet of expansive frontage (instead of the typical 24 feet) --- plus a full sized roof deck, you will enjoy 300% more frontage than the typical Hermosa Strand home. that means more room to live, breath, entertain and grow. Not to mention more spectacular views of the Strand, the beach, the blue waters just mere steps from your door. Sure your neighbors might have frontage-envy, but you can invite them over to enjoy the sunset from the largest roof top deck on the Strand..yours! At approximately 10,000 sf. in total square footage, and a can’t-be-replicated 35 foot in height, 2909 the Strand features, 7 bedrooms, 7 baths, 3.5 baths (including a separate housekeeper’s quarters) this property is unrivaled on the Strand. this opportunity simply redefines the Strand experience and must be seen to be believed. For more details go to:

www.2909TheStand.com

Offered at $18,899,000

Bryn Stroyke Stroyke ProPertieS 920 Manhattan Beach Blvd, Ste 4 office: 310-545-9595 cell: 310-880-3436 bryn@stroykeproperties.com


1712 The Strand manhattan BEACH

The Perfect Blend of Location and Lifestyle… Custom built in 2008, this Louie Tomaro designed home takes its inspiration from the Hills of Tuscany and imbues it with the sensibilities of coastal living to create a sophistication that is “timeless, not old and modern, not cold.” With staggering panoramic ocean and Pier views, this home features 4 bedrooms, 4.5 baths in a seamlessly laid out 4,500s.f., which also includes a spacious beach room, refrigerated wine cellar, an office with custom built-ins, a three stop elevator, a computerized lighting system, a three car garage and a charming courtyard entry. Extraordinary quality of craftsmanship and finish in every detail including pillowed French lime stone floors, custom alder cabinetry, 8’ knotty alder doors, rifts cut wide plank oak flooring, radiant heating and a/c, with top of the line audio, visual and security systems. The living spaces are highlighted by huge multi paneled sliding glass doors, which open up the entire front of the house to the breathtaking views. Exceptional Strand location close enough for a short walk to downtown and all its shops and restaurants, but far enough from the Pier to avoid the congested beaches.

Priced to Sell at $11,000,000

BRYN STROYKE STROYKE PROPERTIES 920 Manhattan Beach Blvd, Ste 4 office: 310-545-9595 cell: 310-880-3436 bryn@stroykeproperties.com


Exceptional Tree Section Masterpiece.

2916 PALM AVE • MANHATTAN BEACH Located on a great street in the heart of the Tree Section and custom built by Matt Morris Development, this stunning home features the finest quality design finishes and attention to detail that one will find in the Tree Section. This home is the perfect family home, with four bedrooms on the second floor plus a den/5th bedroom on the first level and 4 baths skillfully woven into 3,250 square feet of light bright living space. The Great Room has an impressive fireplace, vaulted ceilings, and a 10-foot tall wall of windows that drenches the home in natural light. The Gourmet kitchen has gorgeous Calcutta Marble counters, custom cabinetry, top-of-the-line stainless steel appliances, custom designer lighting and custom tile throughout. The kitchen and family room open to an East facing professionally landscaped back yard with stone patio and outdoor fireplace perfect for entertaining. Solid core eight-foot doors throughout the lower level, Hickory Pecan wide plank floors, an extensive use of full height wide plank bead board paneling, custom crown molding throughout, and four fireplaces are some of the designer details and features. Now is your opportunity to lock up this exceptional home.

A COMPELLING VALUE OFFERED FOR $2,199,000 ROBB D. STROYKE STROYKE PROPERTIES 920 Manhattan Beach Blvd, Ste 4 office: 310-545-9595 ext. 123 cell: 310-938-6008 robb@stroykeproperties.com


Massive Ocean View Triplex Four Doors From The Beach 3517 Manhattan Avenue Manhattan Beach Perched on the west side of Manhattan Avenue four homes from the strand, this property boasts ocean views you must see in person to believe. The main house consists of 3 bedrooms, plus a den and 4 bathrooms. It offers over 2,500 square feet of remodeled warm contemporary open living space drawn by Mark Trotter, interior designed by Ana Pekarovic and remodeled under the supervision of Curtis Holliman. The main house exudes luxury with all top of the line appliances, cabinetry, audio visual equipment, and fixtures. Other amenities include two balconies, side dog run, oversized two car garage, individual laundry room, master suite with two walk-in closets, incredible storage, air conditioning and amazing stone, tile and wood work throughout. Situated on a full 30x90 lot this property is 4,080 square feet of total living area and also includes a charming duplex consisting of an ocean view two bedroom one bath apartment and a 1 bedroom 1 bath apartment bringing in a combined $4,000 in monthly income. Once you visit this amazing property you will never want to leave.

Offered At: $2,898,000

SEAN GOODSELL Realtor, International President’s Elite #1 Coldwell Banker Sales Associate in Manhattan Beach Cell: 310-213-6626 www.seangoodsellrealty.com CA License # 01258158


south bay

CONTENTS

16 Publisher’s Muse Local Treasures

17 Home of the Week The Vanderlip Cottage. Offered by Maureen Megowan / Re/Max Palos Verdes EXECS

108 ROCKY POINT ROAD NEW PREMIERE LISTING IN LUNADA BAY!!

23 Life after Wall Street:

5 bedroom, 4 bathroom Cape Cod in Lunada Bay! 3320 sq ft on a 13820 sq ft lot. Backyard with sparkling pool & spa. Magnificent, spectacular street, great neighborhood!

Paul Hennessey builds a South Bay institution

37 On The Cover

$2,395,000 – PENDING

The Lawrence Harris Residence in Hermosa Beach a Landmark of Modern Beach Living with Uncompromising Sophistication and Panoramic Ocean Views. Offered by Gerard Bisignano, Peninsula Sotheby’s International & Crosby Doe, Crosby Doe Associates. Photos courtesy of Paul Jonason

SOCIAL MEDIA

Twitter@SouthBayDigs www.facebook.com/SouthBayDigs www.youtube.com/SouthBayDigs Search the MLS for homes, check out our interactive digital editions, view open houses, & research the local real estate market at

108 ROCKY POINT ROAD, NEW PREMIERE LISTING IN LUNADA BAY!!

House Open 1-4 Sun 2854 VIA VICTORIA, PALOS VERDES ESTATES Open and bright home that sits on a 1/2 acre plus fl at lot w/ocean views. Upgrades include bamboo floors, new furnace and air-conditioning added, & newly remodeled master 5 bedroom, 4 bathroom Cape Cod in Lunada Bay!bedroom 3320 sq ftand on abathroom. 13820 sq ft lot. Backyard Large 3 car garage. The huge flat backyard has a pool, spa, with sparkling pool & spa. Magnifi cent, spectacular street, great neighborhood! fire pit and large balcony in the back to enjoy the views and yard!

$2,595,000 $1,849,000 - PENDING

www.SouthBayDigs.com MASTHEAD Publisher WARREN J DOW Creative Director AMANDA NELSON-SINAGRA

2216 N. ARDMORE AVE, MANHATTAN BEACH

Pr i c e ! ed Reduc

Contributing Photographer PAUL JONASON Contributing Writer pamela Corante-Hansen editorial@southbaydigs.cOM

South Bay Digs, 2554 Via Tejon, Palos Verdes Estates, CA 90274 Office: 310-373-0142 • Fax: 310-373-3493 www.SouthBayDigs.com • Twitter: @SouthBayDigs 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 or via phone: 310-373-0142. © 2011 m3 Media, LLC. All rights reserved.

3009 ANTONIO TORRANCE Great Location near Downtown ManhattanSTREET, Beach, parks and schools! Charming Mediterranean home with 4 bedrooms, 3 baths. Th e lot is 4400 sq ft. and the home sits up on the property above Great home in desirable area of Torrance. 3 beds, 2 baths with 1,410 sq. the Street for privacy and tree top views. ere is a living room with aroom. fireplace, a nice size kitchen, ft. Nice backyard. 5,300 sq. ft.Thlot. Fireplace in living Upgraded a wonderful patio and deck for entertaining. plumbing, windows, and sliding doors. Large bright kitchen cabinets. $599,000 - SOLD $1,299,000

TERI HAWKINS T ERI HAWKINS Call Teri to get your property SOLD

PREVIEWS SPECIALIST, RELOCATION SPECIALIST PREVIEWS SPECIALIST, RELOCATION SPECIALIST N AMED “TOP 1000 CB AGENTS IN THE U.S.” FOR 2 NAMED “TOP 1000 CB AGENTS IN THE U.S.” FOR 2010 DRE: 01195117 310-802-5727 DIRECT 310-251-3850 DIRECT TeriHawkens@coldwellbanker.com T ERI01195117 HAWKINS@COLDWELLBANKER.COM DRE: 04.29.2011 | SouthBayDigs.com  11


Move Forward.

Exclusive East Manhattan Poets Section 1171 Shelley St., Manhattan Beach 90266 4 Bed | 3 Bath | 3,219 Sqft. Built 2002 | Ocean Peek View 56’ Lot Frontage Walking distance to Pennekamp and Mira Costa

ES IN RO W

P DR RIC OP E

OFFERED AT $1,599,000

Coming soon in Golden Hills 1543 Stanford Ave., Redondo Beach 90278 3 Bed | 3 Bath | Turn Key

Panoramic Ocean

Awesome South

View Condo!

Redondo Retreat!

709 N. Juanita # 5

409 Miramar Drive,

Redondo Beach 90277

Redondo Beach 90277

3 Bed | 2 Bath

3 Bed | 2 Bath | Single Level

Huge Balcony

Premier Neighborhood

PRE-MARKET PRICE $729,000

Move-in Condition OFFERED AT $629,000

OFFERED AT $699,000

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


GO with Beach City Brokers - GET RESULTS! Realize your real estate goals with our unsurpassed commitment and focus to deliver maximum value for your home in a minimum time period, without the stress. Let’s talk about your real estate goals today call Gary at 310-292-0332 or Tony at 310-855-3557.

201 S Pacific Coast Hwy, Redondo Beach

701 S. Pacific Coast Hwy., Redondo Beach 4assigned parking space in rear plus plenty of street parking. Great visibility on P.C.H. Perfect for office/showroom/yoga/gym etc. Close to Pier, Beach, Riviera Village

Unbelievable opportunity to own and operate an established flower shop, turnkey business with great upside potential on a busy, signalized, corner of pacific coast highway (approx. 65,000 cars per day). Seller states complete remodel and new equipment in 2005, including; new (2008) large walk-in temp. controlled cooler room, new cabinets with granite counter tops, ADA compliant bathroom, and Teleflora and FTD point of sale. Landlord may negotiate new long/short term lease. Current rent is $1,500.

$49,000

123 Guadalupe Redondo Beach New Construction!!! 4 Bed plus loft, 3 baths. Detatched ocean view townhomes. Short walk to beach, restaurants and schools. Approx. 2,500 Sq. Ft. Professional stainless steel appliances. Hand distressed hickory pecan wood floor, must see!

$1,095,000

Gary Elminoufi Email: Gary@GaryElmo.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


O SU PEN N H DA O Y US 1- E 5

SOUTH FACING SAND SECTION BEACH CHARMER CUSTOM BUILT, SUNNY & BRIGHT, ENTERTAINERS' DELIGHT

BROKERS OPEN FRI 12-2

NEW LISTING! 469 28th Street MANHATTAN BEACH THIS HOUSE IS SO BEAUTIFUL YOU WON'T WANT TO LEAVE! • Mint Condition & Better than New with 4 Bedrooms, 5 Baths • Master Bedroom with Fireplace, 2 walk-in closets, Oversize Master Bath with Jacuzzi & Double Spa Shower • Magnificent Entry with High Ceilings & Crown Moldings • Hardwood Floors, Plantation Shutters & Solid Hardwood Doors thought out • CAT 5 Wiring, Surround Sound, Alarm System, Fire and Motion Sensors and Intercom throughout

Offered at $1,998,000 CALL FOR DETAILS

• Open Gourmet Kitchen with Granite Counters, Stainless Appliances, Dumb Waiter, & Cook top Island leads to Open Family room with Fireplace & Sunny Deck • Separate Home Office with Custom Cabinets and Built-ins • South Facing Upstairs Living room with Large Glass Doors Open to Oversize Patio with Beautiful Views • Oversize (30X100 BTV) Sand Section Lot with 4 Car Parking • Steps to Grandview School, Beach, Shops and Restaurants • Beach living at its best!

www.46928thstreet.com

HAL LICHT

hal.licht@southbaybrokers.com DRE# 01314452

Direct (310) 367-2002 Office (310) 546-7611 x383

TEAM REAL ESTATE (310) 546-7611

Kurt Allen ext.384


PRICED TO SELL! 2017 Farrell Ave. Unit A, RB

www.2017FarrellAve.com • 3 Bedrooms • 2.5 Baths • Dining Room • Living Room • Family Room with fireplace and flat screen TV

• 2,500 + Sq. Ft. • Master Suite with fireplace • Walk-in closet for two • 2006 remodel with over $100,000 in quality upgrades • Luxurious master bathroom

$859,000 NOW Offered at $799,900

1007 S. Catalina #211, RB

www.1007Catalina.com

Ocean Views! • TOP floor Penthouse style condo • 2 bedrooms & 2.5 baths + loft • 1/2 block to beach • Gourmet kitchen • Family room with fireplace & balcony • Dining room • 3 balconies offering ocean views!

$889,000 NOW Offered at $859,000 JACK GILLESPIE

DRE: 00426498 8 Jack.gillespie@southbaybrokers.com

Direct (310) 200-4169 Office (310) 546-7611 Ext.344


OPEN HOUSE EVENT

PUBLISHER’S MUSE

Local Treasures

You won’t want to miss!

Friday, May 20th, from 4-7pm DETAILS NEXT ISSUE!

US!

Nowhere in a long career in ““I like the dreams of the business have I ever found future better than the anything to compare with the atmosphere of a newspaper shop history of the past.” in action,” Frank A Vanderlip Thomas Jefferson (American 3rd US wrote in his 1935 autobiography President (1801-09). Author of the From Farmboy to Financier. Yes, Declaration of Independence. 1762-1826) that’s the same Frank Vanderlip that purchased the 16,000-acre Palos Verdes Peninsula sight unseen from rancher Jotham Bixby for a reported sum between $1.5 to $2 million in 1913. It’s remarkable to think that before serving as President of the early Citibank, Secretary of the Treasury in President McKinley’s cabinet, and ultimately known as one of the architects of the Federal Reserve — Vanderip started out as a reporter for the Chicago Tribune. Despite the fact that Mr. Vanderlip had never seen the Palos Verdes Peninsula before his purchase, he recognized its strategic location and potential for development. He had a grand vision to develop the “Palos Verdes Project” into the “most fashionable and exclusive residential colony” in the nation. The earliest rendering of his vision is this issue’s Home of the Week starting on the next page — it’s the original “Old Ranch Cottage” that Mr. Vanderlip had built in 1916 that is now for sale. Last week I had the chance to tour the property and was awestruck by it’s simple beauty yet elegant sophistication. Standing in the living room where Mr. Vanderlip once entertained his highsociety guests was an experience I will not soon forget. The expansive grounds are amazing as well, with Peacocks walking about and the stunning ocean views throughout. Driving down the long private road leaving the property, I was reminded of how lucky I am to live in the South Bay, with its rich history and pioneering traditions. Don’t miss our feature article on local restaurateur Paul Hennessey — Life after Wall Street: Paul Hennessey builds a South Bay institution starting on page 20. We hope you enjoy this issue!

Facebook.com/SouthBayDigs Local Real Estate Happens Here

Warren J Dow Publisher wdow@southbaydigs.com 310-373-0142

Find Your Place - South Bay Digs

16  SouthBayDigs.com | 04.29.2011


VC the

anderlip

home

ottage

OF THE WEEK

E F

BY MAUREEN MEGOWAN / RE/MAX PALOS VERDES EXECS / PALOSVERDESLIVING.COM

arly in 1913, George Bixby decided to sell approx. 16,000 acres of the Rancho de los Palos Verdes (retaining about 1,000 acres which later became Harbor City), which his father, Jotham Bixby, had acquired in 1882 by a legal partition of the original land grant area of Rancho de los Palos Verdes. Mr. Carl Schader negotiated a 90 day period to complete the purchase. With about 20 days left to raise the funds, after exhausting all financing possibilities on the west coast, Mr. Schader then left for New York to raise the money and while there was able

to get Mr. Frank A. Vanderlip, then President of the City National Bank of New York, interested in the property. Although Mr. Vanderlip had never seen the property, after only a 10 minute meeting with Mr. Schaeder, he was intrigued and recognized its potential for development. By November 1913, Mr. Vanderlip organized a consortium of New York investors and completed the purchase of the property for a price of $1.5 to just over $2.0 million (historical accounts vary as to the exact price). Vanderlip was a self-made man, an Assistant Secretary of the Treasury under President McKinley, and president of the National City Bank of New York. From the beginning, Vanderlip, now known

FRANK VANDERLIP (CENTER REAR) MEETING IN 1928 WITH JAPANESE DIGNITARIES AT THE COTTAGE, HIS FIRST ESTATE ON THE PALOS VERDES PENINSULA. NOBUSUKE KISHI, WHO WAS TO BECOME JAPAN’S PRIME MINISTER IN THE 1950’S, STANDS SECOND FROM THE RIGHT IN THE BACK.


as “The Founding Father of the Peninsula” had great plans for the development of the property. As early as 1914, Vanderlip hired architects, including the landscape architectural firm of Olmsted Brothers, to draw up a master plan for the development. Original plans included the construction of a magnificent golf club on the bluffs overlooking Portuguese Bend, to be known as “Los Palos Verdes Country Club”. Vanderlip writes glowingly in his biography about a visit in 1916 to the Palos Verdes Peninsula and the property he bought sight unseen three years earlier. He describes his vision for the development, likening the geographical location to Italy where he took vacations: “I found myself reminded vividly of the Sorrentine Peninsula and the Amalfi Drive: Yet the most exciting part of my vision was that this gorgeous scene was not a piece of Italy at all but was here in America, an unspoiled sheet of paper to be written on with loving care.”

from Italy for the first building in 1928, but due to the start of the Great Depression, the project was never completed. Immediately after purchasing the Palos Verdes Peninsula in 1916, Vanderlip engaged a study to compile weather information about the entire Palos Verdes Peninsula. From the data from that study, Vanderlip determined that the most consistent mild, sunny and fog free weather was in the Portuguese Bend area of the Peninsula. Vanderlip chose this area for the Vanderlip’s summer home, which was constructed in 1916 as the first residence on the Palos Verdes Peninsula other than a couple of ranch houses that no longer exist. The home was copied from their vacation house in Scrub Oak, New York. Vanderlip’s summer home in Rancho Palos Verdes located at 99 Vanderlip Dr., although over 3,800 sq. ft. with 4 bedrooms and 4 baths, was initially called the “Old Ranch Cottage”, and is now known as “The Cottage”.

MODEL OF ORIGINAL FRANK VANDERLIP PROPOSED ARTISAN VILLAGE AT POINT VICENTE, THE CURRENT SITE OF THE POINT VICENTE LIGHTHOUSE AND THE TERRANEA RESORT.

Vanderlip planned to develop the area above the current Point Vicente lighthouse as an Italian hillside village, to be occupied by craftsmen who would live, work, and sell their wares. In 1916, Congress approved funding to build the lighthouse at Point Vicente. Since this was land that Vanderlip had master-planned as an artisan community modeled after the Italian village Neri, he fought the government for 5 years, however the Federal government finally acquired the 8 acre site and constructed the lighthouse which went into service in 1926. Marble was imported

For the most part during the 1920’s, Frank Vanderlip lived in New York at his Scarboroughon-Hudson estate “Beechwood”. Frank Vanderlip’s wife, Narcissa Cox Vanderlip, was one of the founders of the League of Women Voters, and was a leading suffragist in New York. She was also a good friend of Eleanor Roosevelt, and was instrumental in her involvement in politics. She and Frank had 6 children (Narcissa, Charlotte, Frank Jr., Virginia, Kelvin, and John). Other buildings were added to the Vanderlip’s Portuguese Bend estate in the 1920’s including

a small guest house and garage called “La Casetta” and a larger guesthouse known as the “Villetta”, now known as “Villa Narcissa” (named after Frank Vanderlip’s wife), or by most people simply as “The Vanderlip Mansion”. A third structure, a barn and stables called the “Farmstead” later became the Portuguese Bend Riding Club. Behind the Villetta, a beautiful stairway of 268 steps, lined by cypress trees, soared to a spectacular lookout point where a

“I FOUND MYSELF REMINDED VIVIDLY OF THE SORRENTINE PENINSULA AND THE AMALFI DRIVE: Yet the

most exciting part of my vision was that this gorgeous scene was not a piece of Italy at all but was here in America, an unspoiled sheet of paper to be written on with loving care.”

white marble temple was built. You can see the original gatehouse to the property at the gated entrance of Narcissa Drive just off of Palos Verdes Drive South. Frank Vanderlip loved birds, and for many years maintained an aviary just below The Cottage, including a pond for the birds. Mr. Vanderlip introduced the peacocks to the Palos Verdes Peninsula. Villa Narcissa is still owned by the children of Elin Vanderlip, the widow of Frank Vanderlip Sr.’s second son, Kelvin, who lived at the estate from the time of their marriage in 1946 until her death at the age of 90 in July 2009. The Cottage is still owned by the children of Suzanne Vanderlip, the wife of John Vanderlip, the youngest son of Frank Vanderlip, Sr. It is now available for purchase, Call Maureen Megowan at 310.541.6416 or go to PalosVerdesLiving.com.

FRANK VANDERLIP ON THE BACK PORCH OF “THE COTTAGE”


home

OF THE WEEK 99 VANDERLIP DR., PALOS VERDES ESTATES Once in a lifetime opportunity to own both a beautiful home as well as a piece of history. Frank Vanderlip, the original developer of Palos Verdes, constructed this home as his first estate on the Peninsula in 1916 in the Portuguese Bend area, which he called the “Old Ranch Cottage”, now known as the “Cottage”. This was one of the first homes on the Palos Verdes Peninsula. The Cottage, located at 99 Vanderlip Drive, is ideally situated at the top of the Portuguese Bend community behind private gates, and adjacent to the famous Vanderlip Mansion. The home has incredible ocean and Catalina views, and the site was hand-picked by Mr. Vanderlip as the ideal location on the Peninsula for views and the consistency of its delightful climate. The Cottage has 4 bedrooms, 4 baths, and is approx. 3,866 sq. ft. There is also an adjacent guest house. Both the dining room and living room exude a Victorian style of the 1920’s. The 3 upstairs bedrooms are very large, especially the Master Bedroom, with spectacular ocean views. The private entrance drive is up a beautiful tree lined promenade ending at the entrance to the Vanderlip Mansion and The Cottage. The sense of history and exclusivity of the home, combined with it’s beautiful architecture, pool area, and views, makes The Cottage one of the most unique homes on the Palos Verdes Peninsula.

CALL FOR MORE INFORMATION

Maureen Megowan 310.541.6416 PalosVerdesLiving.com RE/MAX Palos Verdes Realty / Execs DRE: 01368971


south bay homes by nick schneider

2260 Circle Drive • Hermosa Beach

HAMPTON’S IN HERMOSA • STUNNING CAPE COD INSPIRED BEAUTY ON PRESTIGIOUS CIRCLE DRIVE! Location, Location, Location!! Stunning 2005 Built Craftsman with Cape Cod inspired detail this prime Circle Drive Home is California coastal living at it’s best! Family perfect and situated on a corner south facing lot this 5 bed, 4 bath home with nearly 3600 sqft. of living space includes an office, huge rooftop deck, 3-stop elevator, plus both front and back yards. Gorgeous hickory hardwood floors that flow throughout highlight and capture the light with this beautiful floor plan. Enjoy the rich tone of the custom cabinetry as well as the many intricate details from the custom tile inlays and custom built in’s to the beautiful accents throughout this home. Views to last a lifetime and a home that embodies the meaning of the city it sit’s, this is your chance to own one of the most gorgeous homes and the gem of the most prestigious street in all of Hermosa Beach on private and quiet Circle Drive!

www.2260circledrive.com

Offered at $3,549,000

176/178 Manhattan Avenue • Hermosa Beach SIMPLY THE BEST DUPLEX IN ALL OF THE HERMOSA BEACH SAND SECTION Upper 3 bed 2.5 bath owners unit updated kitchen and bathrooms! Stunning Master bedroom with HUGE panoramic ocean views! 4-car parking plus oversized wash room / laundry room! Large lower unit, 2 bed 2 bath with hardwood floors running throughout! Wide open floor plan with big master suite and large walk in closet. Lower unit contains 2-car garage plus it’s own separate oversized laundry area. 30 x 100 large 3000 sqft. lot on a quiet section of Hermosa Sand Section! Close to great restaurants and nightlife that beautiful Hermosa Beach has to offer! Great for Owner/User, Income Property, or build 2 beautiful town homes. Endless potential and one-of-a-kind opportunity to own the Duplex everybody is talking about!

See it to believe it! www.HermosaBeachDuplex.com

Offered at $1,510,000

352 28th Street • Hermosa Beach SIMPLY THE BEST PRICE FOR A NEWER BUILT HOME IN ALL OF THE HERMOSA BEACH SAND SECTION... CHARMING AND BEACHY FAMILY HOME STEPS TO THE SAND AND STRAND 2009 built 4 bed 3.5 bath family perfect home situated in North Hermosa Sand section Families love the Hermosa Valley Park across the street and the beach just down the street! Quiet Walkstreet like street with no traffic, kid-friendly and safe! Special features include state-of-the-art 3-stop from the ground up elevator, high-end Kohler water tower master shower, outdoor shower for those long days at the beach, and open aire courtyard/patio that can be used as a pet run, dog run or made into your own private oasis with Jacuzzi, etc. Beautiful maple floors running throughout and cesarstone counter tops are only a couple of the high end finishes throughout this charming home. Ocean views from ALL 4 decks enjoy the peace, tranquility and the views that the rooftop deck has to offer. Priced to sell!

Offered at $1,999,990 • 2010 TOP PRODUCER

NICK SCHNEIDER (310) 809-4875 nick.schneider@southbaybrokers.com

• 2010 SBAOR ROOKIE OF THE YEAR • REPRESENTED BUYERS IN THE HIGHEST RECORDED SALE IN THE CITY OF HERMOSA BEACH IN 2010

DRE License#01867363 Information deemed reliable but not guaranteed. Buyer to verify. Pictures may have been enhanced.

• COMMISSION FOR EDUCATION FOUNDING MEMBER


Representing Palos Verdes’ Finest Homes & Estates for over 29 years! SO

LD

Highest Priced Home Sold in Palos Verdes Estates since 2003!

1608 Via Fernandez, Palos Verdes Estates 16,000 SF | 70,000 SF gated lot | 9 Bedrooms, 12 Bathrooms | Fully furnished | Pool/Jacuzzi, tennis court, gardens & lily pond | 5-car garage plus 10 or more parking spaces | Designed by famous architect Tony Ashai | Gym, wine cellar, library, walnut built-in bookcases, gourmet kitchen

www.1608viafernandez.com | Offered at $10,990,000

1609 Via Barcelona, Palos Verdes Estates

1504 Via Asturias, Palos Verdes Estates

1225 Via Coronel, Palos Verdes Estates

769 Via Del Monte, Palos Verdes Estates

Views from Catalina to Malibu, 4,700 sq.ft.

4,200 sq.ft., Beautifully Landscaped

Lovely ocean view home In Lunada Bay, over

New York penthouse style with one of very best

5 Bedrooms, 5 Baths. Maximum Privacy

15,000 sq.ft Lot, 3 Bedroom Suites +

2500 sq.ft., 4 bedrooms, hdwd or tile floors,

views! 4 bedrooms with study, huge decks for

Gourmet Kitchen. Pool & Spa

extra bedroom downstairs

walnut cabinets, private backyard with spa

outdoor living and entertaining

$2,498,000

$1,998,000

Priced to sell at $1,148,000

$2,665,000

1103 Via Curva, Palos Verdes Estates

1271 Via Landeta, Palos Verdes Estates

4,700 sq.ft., 6 bedrooms, 5.5 baths

Over 6800 sq.ft. with view, pool/spa on a quiet

Romantic Artist’s Retreat

1500 Paseo La Cresta, Palos Verdes Estates Excellent one level home in Palos Verdes Estates 8,758 sq.ft. 6 bedroom, 6.5 baths, Catalina

street, Panoramic views, looking for space, view, coastline views, huge master suite, gourmet kitchen,

Wonderful one level home with over 4000 sq,ft, 3 car garage,

on ½ acre lot. Remodeled by Ed Beall

location, potential and Value? Here it is!

huge pool and spa, library, office, 6 fireplaces

circular drive way, with pool/ spa

$2,495,000

$2,998,000

$4,999,000

$2,185,000

LILY | LIANG 310.373.3333 www.lilyliang.com | lily@lilyliang.com dre #00837794


4 1 0 5 S E A H O R S E L A N E R A N C H O PA L O S V E R D E S

T H E U LT I M AT E B E AC H B U N G A LOW I N T H E E XC LU S I V E P O R T U G E S E B E N D C LU B IN THE PORTUGUESE BEND CLUB WITH ITS PRIVATE BEACH BEHIND THE 24 HR. GUARD. A “COOL” MID-CENTURY BEACH BUNGALOW ON A GREAT LOT, TWO STORIES, IN A CUL-DE-SAC. HAS KILLER OCEAN, CATALINA AND SUNSET VIEWS, AND AN UPPER RETREAT WITH IT’S OWN DECK. NEW ROOF, NEW PAINT, NEW CARPET, MANY UP-GRADES, MOVE IN READY, OR READY TO REMODEL. A PERFECT RESORT, OCEAN SPORT-LIKE LIFE STYLE RIGHT ON THE “COASTAL NATIONAL MONUMENT”. BETWEEN TERRANEA AND TRUMP WITH A DOZEN GREAT RESTAURANTS JUST MINUTES AWAY. MILLIONS LESS THAN THE NEW HOUSES AROUND THAT DON’T HAVE A PRIVATE BEACH CLUB!

WWW.4105SEAHORSELANE.COM

DOUG MAUPIN MAUPIN REALTORS / MAUPIN DEVELOPMENT, INC. 2531 W. 237TH STREET #124 TORRANCE 310 530-8457 | CEL 310 293 8463 CALIFORNIA BROKER LIC # 00761109

OFFERED AT: $1,075,000


L

Photography ciourtesy of paul jonason

ife after

WALL STREET

Paul Hennessey builds a South Bay institution

by Pamela Corante-Hansen Sunny days make Paul Hennessey a happy man. As president and CEO of Hennessey’s Tavern, Inc., his 18 restaurants lure surfers, families and young professionals alike when the warm California sun heats up beach towns from San Diego to Manhattan Beach, with a nod to the sizzling Nevada sun blazing down upon his Las Vegas location. South Bay Digs braved a brooding marine layer to meet with Hennessey at his Riviera Village corporate office, where he raved about the wonders of the iPad and the wisdom of buying wine futures.


How did you make the switch from Wall Street to taverns? I was supposed to go from Wall Street back to Wall Street, but I got into the restaurant business in San Francisco and fell in love with it. It has everything: You’re a teacher, a mechanic, a designer. You’re dealing with advertising and finances. I never imagined I’d get into the business. I first opened in Hermosa and now it’s my biggest place. When I started, I didn’t even have a kitchen. I was making deli sandwiches myself. Then we moved to basic hamburgers, then breakfast, then gourmet dinners and now wine dinners. What was it about Hermosa Beach that made you put your first restaurant there? There’s a big ocean out there. I come from back east and it has always been my desire to follow the sun to California. Hermosa Beach was kind of rough back in 1976. I knew when I first saw

24  SouthBayDigs.com | 04.29.2011

the ocean and the big pier that sooner or later it would be developed and upgraded. Now it’s a great place to be. What do you think about the downtown Hermosa Beach revitalization? It’s incredible. It turned out twice as good as I thought. I was leery at first. People forget that back in 1976, the locals would never go downtown. Now it’s very kid- and familyfriendly. There’s always something going on. It’s a lot of fun to be there. It really has changed the whole scene. Your restaurants are in all three beach cities. How is the South Bay community important to you? All our restaurants aim to be neighborhood meeting places and become part of the communities where we’re located. We do everything from school fundraisers to sporting events. We sponsor junior lifeguard races

where we get about 250 kids participating every year. We also sponsor South Bay teams, soccer leagues and basketball. We do a lot for the American Cancer Society. A girl who used to work for me had a son with leukemia. He wanted to be a chef, so we created the “Cooking Up Dreams” fundraiser around him. Being a part of the community helps you give back to the community. You gave back in a fabulous way by preserving a piece of Hermosa Beach history with the Lighthouse Café. Tell us about that. I had heard that the Lighthouse was going out of business and that they were going to close the place. It has so much history and I love jazz, so I negotiated with the owners and bought it. I was able to revive it. We don’t just have jazz performances, we also have reggae and other genres. We added a Sunday brunch, but we want to keep it a music venue. Tourists come through


and take pictures because they’re familiar with the jazz history. Indeed, with legends like Chet Baker and Miles Davis having played there in the early days. There are a lot of ghosts in those brick walls! Speaking of brick walls, let’s talk about aesthetics. Your restaurants take me back to the pubs in Ireland. Or back east, or in San Francisco. This country was founded in pubs. The Declaration of Independence was written in a pub. The restaurants have had same look for 35 years because we want people to feel comfortable here. I remember when we closed our Redondo Beach location for three days to refurbish it. [When we reopened], a regular customer sat down and said, “You were closed. What happened?” I told him we’d remodeled and put in a brand new bar. He looked at me and said, “Oh, this is new?” So we accomplished what we wanted. We remodeled, but it still felt familiar to our patrons. At the same time, you don’t want to be cookie-cutter. We just opened a place in La Jolla, and it has a great small-town feel. You still know you’re in a Hennessey’s, but it’s different from our Manhattan, Hermosa and Redondo locations. It’s like the menu at Hennessey’s is the same, except each location manager is responsible for adding five or six daily specials. What’s your favorite menu item? We just introduced corned beef burgers. They’re made with ground corned beef. We have different types of toppings and I think they’re outrageously good! That’s what’s great about this business – you get into menu developing, advertising, computers. We have an architect who designs our locations. There’s so much variety. You’ve attributed your success to avoiding what your website refers to as ‘flash-in-thepan’ techniques. When we go into a town, I’m in for the longterm. We want to be a neighborhood meeting place where people get used to going for their birthdays. We don’t want to pigeonhole ourselves, so we’re not a sports bar, we’re not a nightclub, we’re not an entertainment venue; we’re something different to each customer. If you had the chance to redo any business decision you’ve made, would you? I’ve made so many wrong decisions. There have been locations that didn’t work, but I wouldn’t

do things over. That’s how we learn. It’s a lot of trial and error, and we’ve had more success than we’ve had flops. I opened a place in Mammoth and the location didn’t work out, but it was a great learning experience. You have to make mistakes in order not to make them again. The best thing that happened to me in the first six months after opening was the feeling that we weren’t going to make it. I learned that you have to do promotions to make it work. You can’t just open the doors and expect the public to come. Everyone knows where McDonald’s is, but the company still advertises. If you could describe your life philosophy in three words, what would they be? Eat drink and be merry? That works. What advice would you give to someone who wants to get into the restaurant business today? It’s fun to say ‘I’m a great cook at home’ and decide to open a restaurant, but cooking at home is a lot different than cooking for the masses. You have to know how to design a menu, you have to decide what equipment to put in the kitchen, what ingredients you’ll need, and can you get the food out without having people wait 45 minutes for it. You have to meet payroll and abide by city codes and health codes. You have to learn the industry from ground up. I’d say this applies to any industry.

And wine is good for you. Home gym or home theater? Home gym. Blackberry or iPhone? iPad. This thing is amazing. Doesn’t it make you wish you’d bought Apple stock? I went to the Mac store to buy the iPhone when it came out, and there was a huge line of people waiting to buy this thing. So I called my stockbroker and said I wanted to buy stock. At the time it was at about $100. I got busy and I never got around to it, and it climbed to $250. [Steve Jobs] may go down as absolutely more brilliant than Edison in terms of creativity. He changed the world. Cat or dog? Dog, but I have a cat. I’ve got a wife and three daughters, so I don’t have much of a say. [Points at window] Look what’s happening! The sun’s coming out! It’s going to be a great day.

What’s on the horizon for Hennessey’s? We’ll be remodeling the Lighthouse and one or two other restaurants. Right now we’re looking forward to summer because our business gets better during summer. How did you survive last summer’s miserable weather? It was horrible! Do you know what’s worse than having a restaurant at the beach when it’s rainy, windy and foggy? Having 18 of them. We maybe had four or five days that got over 65. We teach the managers to look at the weather because it impacts the food order and staff scheduling. If it’s rainy, we close the upper deck [in Hermosa] and we have to cancel some shifts. Workshop or wine room? Wine room. I love wine. My favorite is Opus. Did you know you can actually buy futures in wine? Absolutely. A friend of mine did that with a San Luis Obispo winery. A lot of people make a lot of money that way.

Paul hennessey

04.29.2011 | SouthBayDigs.com  25


1534 THE STRAND | HERMOSA BEACH Ocean Front Property | 4 BEDS | 3 BATHS | 2664 SQ FT. | 4 Car Garage New Stucco | New Windows | Upgraded Electrical | Upgraded Plumbing | Upgraded Heating

$4,277,000

|

www.LuxuryBeachHome4Sale.com

2005 Paseo Del SoL | Palos Verdes Estates 4 Bed | 5 Bath | 5100 Sqft | 14,150 Sqft Lot | Breathtaking Louie Tomaro designed estate with spectacular ocean, whitewater, coastline, city, and mountain views | an entertainer’s dream

$4,499,000

2412 ALMA AVENUE | MANHATTAN BEACH 3 Bedroom, 3 1/2 Bath | Fully Detached – 2380 sq ft | Built by Matt Morris Development in 2005 | Wide Plank Hickory Pecan Wood Flooring | Designer Perfect Kitchen | custom cabinetry | honed granite countertops | professional grade appliances

Offered At $2,299,000

Chris Plank Shorewood Realtors Cell (310) 849-1530 Office (310) 546-7561 x443 ChrisPlank@aol.com

|

2412Alma.com

www.ChrisPlankHomes.com


ED’S COASTAL REPORT Trending this week in Manhattan Beach, 90266…

HIRE the BEST SELL FASTER Current Beach Cities listings

FAST FACTS

sold took an average of 86

Median List Price

$1,659,000

Asking Price per Square Foot

$666

Average Days on Market

110

% of Properties with Price Decrease

34 %

% Relisted (reset DOM)

6%

Total Homes for Sale

153

Market Action Index

17.1

days on market. Ed’s Beach Cities listings sold in an average of only 27 days.

Ed’s listings are selling 2 months faster in 2011. What could you do with 2 saved mortgage payments?

NOW AVAILABLE IN MANHATTAN BEACH

SELL FOR MORE

Homes

Condos

Low $

High$

The Strand

7

1

$3,250,000

$30,000,000

Sand Section

38

17

$699,000

$6,500,000

Current Beach Cities average

Tree Section

31

0

$685,000

$2,775,000

Sold price versus List

Hill Section

13

0

$609,000

$4,995,000

price was 7% below original

East Manhattan

33

2

$395,000

$5,999,000

list price. Ed’s Beach Cities

Manhattan Village

1

6

$714,000

$1,545,000

listings Sold price versus List

Total

123

30

$395,000

$30,000,000

price was 2% below original list price.

Ed’s Beach Cities listings received 5% more on average – that’s

To see what is trending in your neighborhood, visit www.ItzSold.com to track real time market statistics like the ones listed above. The only website that brings you specific, up-to-date facts for each South Bay neighborhood!

$50,000 additional value per $1,000,000 sold!

310.798.1277 EK@ItzSold.com

www.ItzSold.com

Clarus MarketMetrics—Information not guaranteed. 2009–2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors..td


FOCUS ON SOUTH BAY VIEW HOMES The Value of a View

command an Ocean view are by far the most sought after and

torn down, new ones must comply with the current codes and

valuable views to enjoy. Because the sun sets towards the South

limitations, thus improving some neighboring views!

A million dollar view: years ago, that’s exactly what it meant.

in this area, homes with a southern orientation tend to be warmer

So how do you sum up all of the components of my S.T.O.P.

Today, a million dollars may only buy a sliver of a view. Nowadays, an

and brighter. This is the same reason that owners who desire a

analysis to determine the value of your view? (This is, by far, one

ocean view that comes from being 20 feet away from the sand may

pool prefer their yards located on the southern part of their

of the most challenging value tasks in South Bay Real Estate

actually cost an extra $8,000,000 right here in Manhattan Beach.

property: so they can enjoy more direct sun while using their pool.

today.) The closest “science” to it involves reviewing those cases

How badly you want/need that view will determine your bottom

If your home happens to be in Palos Verdes Estates, having

where you can find an exact match of a recently purchased home

line. For example, if you are looking for a new, richly appointed,

a home orienting towards the North is the Crown Jewel of them

that enjoys a view and compare it to the same home that has

gorgeous Tuscan home, you can expect to pay over $10 million for

all. The ideal view is what is called the “Queen’s Necklace”. This

little or no view. In The Beach Cities, you can easily find a builder

about a 4,500 sq.ft., ocean front home. However, if you purchase a

view showcases an expanse of South Bay coastal lights as well as

that has duplicated a home that has been completed with

similarly appointed home, just a little bit East in Manhattan Beach,

the ocean and bay. From a distance, it is obvious where it gets its

the same floor-plan and finishes, but it is an entirely different

you can find one “value priced” at about $2 million.

namesake. The edge of the bay comes to life at dusk, glittering

location. Simply subtracting the value of the two sales achieves

Valuing a view is like putting a value on a diamond. No two

with twinkling lights seen from Malibu through Redondo Beach,

proper determination of the value of that view.

are exactly the same. Diamonds are graded by what jewelers

and is reminiscent of a richly jeweled necklace. When determining

Let’s apply the S.T.O.P. analysis to a real time scenario: as of

call the 4 C’s: their Cut, their Clarity, their Color, and their Carat

the value of a home based on ideal orientation, it is important to

this printing, there are two relatively similar homes for sale that were

weight. Views are valued by what I call S.T.O.P.: Size, Type,

understand the community and what is in high demand, locally

built by the same builder. One is for sale just over $2 million without

The big question: “How long will my view last?” puts the

a view, while the other is asking just over $3 million and enjoys

In terms of views, when it comes to size, I am referring to just

“P” in S.T.O.P. Nothing is more frustrating than when you buy a

beautiful city vistas. They are relatively $1 million dollars apart in

how “panoramic” that view actually is. You can have an ocean view

home that presents terrific views and you later discover that your

value, tempting you to state that the one home indeed can claim

that spans the width of your deck or you may actually have a 360

neighbor has decided to start building . . . there goes your view.

a “Million Dollar view”. However, the home with the view happens

degree view which includes city, ocean, coastal and hillside vistas.

In many areas, nothing can be done about it outside of quickly

to be West of Sepulveda and the one without is situated East of

Locally, a combination view that includes a view of the ocean

having a friendly conversation with your neighbor in hopes of

Sepulveda. Location now comes into the mix, affecting the value as

and also of city lights is typically most valuable. Most understand

adjusting the architectural plans to help preserve what you can

well. In this case “simple” just went out the door. Is the view worth

that as beautiful as an ocean vista can be, they do disappear at

of your view.

more or is the fact that the home is in the “Hill Section” the deciding

Orientation, and Permanency.

night and city views come to life at night. If you are like most hard

There are communities, however, with strict rules in place

factor in value? To summarize this case, it is likely that the real value

working Americans, one of the sure ways to afford a view is to

to help homeowners preserve what they paid for. For instance,

of the view itself is equal to several hundred thousand dollars plus

work long and hard. In some cases, you find yourself coming home

the Hillside Overlay district in the Hollywood Riviera, an area in

an increase in value for the location being West of Sepulveda; of an

after the sun has set and that sparkling ocean view has gone dark

South Torrance, maintains that if you decide to add-on, remodel or

additional several hundred thousand dollars, all resulting in a total $1

by the time you get home. City views offer weekday, evening

construct something new, you better check with your neighbors first.

million increase in value over the other property.

enjoyment of gently twinkling, open spaces, leaving the weekends

Matter-of-fact, the City will require you to model a silhouette of your

The bottom line is that more people prefer to have a view, and

to appreciate the glorious daytime ocean views.

plans so your neighbor knows exactly what you intend to do and

supply and demand always dictate value. As long as homeowners

what your intentions might end up resulting in for your neighbor. If

seek refuge in their homes and desire to increase enjoyment of

they don’t like the effect, guess what . . .? You’re not building.

the same, views will increase the value of most any property. So,

Type of view is a major factor. Views vary in type; from views of the ocean or of the city, to simple pastoral views of trees, hills, or

that claims

whether you own a peek of an ocean view, you enjoy dazzling city

of the scale, where unsightly views may detract from the value of

“Unobstructable” views, that one little word can have so much

lights at night, or you are one of the rare few sitting directly in front

the home.) Things like being in the sightline of a manufacturing

meaning. Views that are permanent can have tremendous

of the blue Pacific, enjoy your view, because it is what you paid for

zone, a commercial zone, or views of an unkempt neighboring

value. You can rely on the fact that it will exist forever and that

and someday. Should you choose to sell your home, someone else

home that has been neglected for years can vary dramatically and

fact alone will increase the value of your view ten-fold. In some

is bound to be seeking that very view you see everyday, and will

will overall affect the bottom line value of a property.

cases you will witness where, at the beach, some views can

be more than willing to pay you what it is worth.

When you see a

even distant mountains. (Also worth mentioning is the other end

Real Estate ad

When it comes to orientation, everyone has their own

actually improve with a neighbor’s construction plan. Today you

personal preference depending on the type of view they seek.

can find homes that had been built before current height limits

However, homes in the Beach Cities that orient South and

and set back limits were put into place. If these older homes are

Beach Cities Homes for Sale Offering Views Manhattan Beach, Hermosa Beach, Redondo Beach (SFR, condos & townhomes)

View Type

# of Homes Available

Price Range

Ocean View

184

$685,000 - $18,899,000

Panoramic View

94

$685,000 - $2,499,000

Pier View

35

$968,900 - $3,900,000

City Lights View

98

$685,000 - $1,950,000

Catalina Island View

50

$968,900 - $2,499,000

Hill View

22

$799,900 - $1,999,999

310.798.1277 EK@ItzSold.com

www.ItzSold.com

For a list of 57 factors that help determine the value of a view, visit www.OceanViewValues.com

See How Ed Expertly Determines the Value of a View at www.OceanViewValues.com Desiring a view but not sure which is most valuable to you? Call Ed direct at 310-427-2414 for an insider’s tour of view properties that will help determine your dream view within your budget. If you currently own a home with a view and would like a detailed analysis of how to correctly place value on your view in order to maximize your sale price, call direct or email Ed at EK@ItzSold.com

CONTACT ED FOR A FREE CUSTOMIZED MARKET ANALYSIS OF YOUR HOME.


FEATURED OCEAN VIEW LISTINGS

SOUTH REDONDO BEACH 653 S. IRENA AVE, REDONDO BEACH | $1,999,999 4 bedrooms, 4.5 bathrooms | 4,236 sf home | 6,000 sf lot | Ocean Views, Hillside Views, Catalina Island Views & City Lights views Roof-deck plumbed for outdoor kitchen | Dual zone A/C | In-ground Pool | Spa State-of-the-art wiring for sound & media systems | Ocean view master bedroom | Second master suite

Open House Saturday & Sunday 1-4 pm

MANHATTAN BEACH SAND SECTION 301 35TH ST $1,749,000 4 bedrooms, 4.5 bathrooms | Over 3,000 sf single family home (not a townhome!) | Bonus guest quarters with private entry | Corner lot location offers more privacy and more natural light | Killer ocean views | 2 blocks to the beach | Located in the heart of the North end

Open House Saturday & Sunday 1-4 pm

FOR MORE PROPERTY PHOTOS & VIRTUAL TOURS, VISIT WWW.ITZSOLD.COM


Make Sure YOU Have the Market Advantage in 2011 Ed’s Step-by-Step Plan Gets You More Money, Faster!

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www.ItzSold.com Clarus MarketMetrics—Information not guaranteed. 2009–2010 Terradatum and its suppliers and licensors (www.terradatum.com/about/licensors..td


615 N Lucia Ave. Unit B Redondo Beach 4 Bedrooms, 3.5 Bath 2,480 Sq.ft. Ocean Views

Selling the Beach Lifestyle RE

DU

CE

D!

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 garage and small backyard – perfect for pets. Large Master Bedroom with sitting area, walk-in-closet, spa tub, shower & double vanities. Short walk to stores, top rated schools, Pier & Beach.

Offered at $1,109,000 damira@damirabacic.com

Kevin B Pratt 310.738.2348

kpratt@shorewood.com • www.KevinBPratt.com 21st Year at Shorewood

Serving sellers & buyers in the South Bay for 25 years…

WHAT A VIEW! WHAT A LOCATION! WHAT A PRICE!

What are you waiting for?

NEW G N L I ST I

2517 Vista Drive, Manhattan Beach l 3 Bedrooms, 3 Full Baths l Rebuilt Louie Tomaro Design Single Family Home l 2,135 sf open floor plan with 2 Decks and a Patio l Tri-level exterior spiral staircase l 2 Fireplaces, 2 Jacuzzi tubs, 2 Car attached garage l Spectacular top level Sun Drenched family room leads to a Large, West facing Wraparound Deck with Panoramic Ocean and Mountain Views l 3 Blocks to the Ocean l Steps to Grandview School

www.2517vista.com

$1,599,000

Steve Santos 310.488.4924

Steve@SteveSantosProperties.com A 32-Year Resident of Manhattan Beach DRE# 01440129

04.29.2011 | SouthBayDigs.com  31


of south bay

THE RAJU ADVANTAGE As the number one agent in the South Bay/Palos Verdes Peninsula, my staff and I are dedicated to accommodating all of your real estate needs.

• #1 Realtor in California (2009) • Shorewood’s #1 Agent • Over $100 million in Property Sales each year since 1997 • Over $2 Billion in Lifetime Sales • Ranked #3 in the Country – Wall Street Journal, August 2010 – Sales Volume Category

PALOS VERDES LISTINGS for for for for for for for for for for for for for for for for for for for for for for for

sale sale sale sale sale sale sale sale sale sale sale sale sale sale sale sale sale sale sale sale sale rent rent

11 VIA DEL CIELO, RPV 1 PACKSADDLE RD EAST, RH 5 SAGEBRUSH, RH 57 VIA DEL CIELO, RPV 33 VIA DEL CIELO, RPV 2508 NOVATO PLACE, PVE 937 VIA RINCON, PVE 53 PASEO DE LA LUZ, RPV 1505 VIA FERNANDEZ, PVE 924 VIA MIRADA, PVE 0 CHESTNUT, RH 3323 CROWNVIEW, RPV 2104 VIA ACALONES, PVE 58 DAPPLEGRAY LANE, RHE 30259 PALOS VERDES DRIVE EAST, RPV 436 VIA ALMAR, PVE 2301 WARMOUTH, SP 2820 VIA PACHECO, PVE 980 VIA RINCON, PVE 32614 COASTSITE DR. #103, RPV 5658 RAVENSPUR DR. #105, RPV 5 SAGEBRUSH, RH 924 VIA MIRADA, PVE

6 bd / 6.5 ba 5 bd / 6 ba 5 bd / 7.5 ba 5 bd / 8.5 ba 5 bd / 5.5 ba 6 bd / 6 ba 5 bd / 6 ba 5 bd / 6 ba 6 bd / 6.5 ba 7 bd / 5.5 ba 4 bd / 4.5 ba 7 bd / 7.5 ba 5 bd / 4.5 ba 4 bed/ 5 ba 5 bed / 5 ba 4 bd / 4 ba 3 bd / 2 ba 4 bd/ 3 ba 4 bd / 3.5 ba 2 bd / 2 ba 1 bd / 1 ba 5 bd / 7.5 ba 7 bd / 5.5 ba

8,337 sqft 8,610 sqft 11,996 sqft 7,969 sqft 6,450 sqft 6,900 sqft 5,700 sqft 6,994 sqft 6,528 sqft 7,351 sqft 4,320 sqft 7,587 sqft 5,002 sqft 4,362 sqft 4,781 sqft 3,200 sqft 1,976 sqft 3,132 sqft 2,880 sqft 1,506 sqft 796 sqft 11,996 sqft 7,351 sqft

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

7,900,000 7,490,000 6,999,000 5,499,000 4,999,000 4,999,000 4,799,000 3,999,900 3,599,900 3,599,000 3,299,000 2,699,000 2,549,000 2,399,888 2,199,000 2,199,000 1,999,000 1,729,000 1,599,000 649,900 295,000 16,000 9,000 58 DAPPLEGRAY LANE, RHE

BEACH CITIES LISTINGS for for for for for for for for for for for for for for for for for for for for

sale sale sale sale sale sale sale sale sale sale sale sale rent rent rent rent rent rent rent rent

2826 THE STRAND, HMB 100 THE STRAND, HMB 2634 THE STRAND, HB 3720 PCH, TORR 1850 MANHATTAN AVE, HMB 904 ESPLANADE, RB 4 units 705 ESPLANADE #A, RB 1106 PALM DR, HB 1714 ROCKEFELLER LN, RB 1936 257th ST, LOMITA 2223 ROCKEFELLER LN #A, RB 1267 VAN HORNE, HMB 864 18TH ST, MB 1850 MANHATTAN AVE, HMB 100 THE STRAND, HB 705 ESPLANADE #A, RB 4312 THE STRAND, MB 3808 THE STRAND #B, MB 3808 THE STRAND #C, MB 310 N CATALINA AVE #A, RB

5 bd / 8 ba 4 bd / 5 ba 4 bd / 5 ba Vacant Lot 4 bd / 5 ba 9 bd / 4 ba 4 BD / 5 BA 4 bed / 4 ba 3 bd / 2.5 ba 4 bd / 3 ba 3 bd / 3 ba Vacant Lot 6 bd / 7.5 ba 4 bd / 5 ba 4 bd / 4 ba 4 bd / 4.5 ba 3 bd / 3.5 ba 2 bd / 2 ba 2 bd / 2 ba 4 bd / 4 ba

8,000 sqft 3,764 sqft 4,300 sqft 1.10 Acres 3,700 sqft 3,690 sqft 3,805 sqft 2,660 sqft 1,881 sqft 2,455 sqft 1,804 sqft 6,000 sqft 3,700 sqft 3,764 sqft 3,085 sqft 2,561 sqft 2,024 sqft 1,400 sqft 2,250 sqft

$ 14,900,000 $ 7,999,000 $ 6,999,000 $ 5,990,000 $ 3,999,000 $ 3,599,900 $ 2,499,000 $ 1,999,000 $ 699,900 $ 649,900 $ 634,900 $ 419,000 $ 17,000 $ 13,900 $ 15,000 $ 10,000 $ 7,000 $ 6,950 $ 5,200 $ 4,800

100 THE STRAND, HERMOSA BEACH

Presented by…

palos verdes office manhattan beach office

310.698.4545 310.379.2167

www. RajuSells .com DRE: 00874072


SPOTLIGHT

Palos Verdes

Panoramic, Queen’s Necklace and City Light Views

Mediterranean home located in Oceanfront Estates

Custom built in 2007 for proud owners. 16,500 SF lot – this home features 5 bedrooms and 5.5

NEW PRICE! This magnificent 6,450sf., boasts the most breathtaking panoramic ocean views. With

baths with 5,700 SF of living space. Living and Family rooms have vaulted ceilings, skylights and

5B/7B including a separate casita, this home has private patios, outside fireplaces, numerous fountains,

fireplaces. The Family room opens up to a beautifully landscaped garden complete with a beautiful

gardens & 1,000 sq.ft. balconies overlooking the infinity pool & spa w/ solar heat system, outside bar &

Venetian Stone fountain imported from Italy & a pool in the courtyard. Master bedroom with

fireplace & manicured grounds & lawns. Patio entrance, formal living & dining rooms, office & kitchen

panoramic ocean views, fireplace & a large master bath. Other features include a library with built-

w/a center island, granite countertops, Viking appliances & French doors leading out to

ins, wine cellar, 3-car garage, BBQ in backyard, roof top deck and hardwood / marble

420 sq. ft. loggia. 6 fireplaces, walnut floors, custom cabinetry, coiffure ceilings & solid

floors and French doors throughout. Design by Edward Carson Beall.

wood crown moldings. 27,081SF lot w/ 24/7 security roaming the neighborhood.

937 VIA RINCON  PVE  $4,799,000

33 VIA DEL CIELO  RPV  $4,999,000

A Simple Elegant Home

Gorgeous Ranch Style Estate

Set up high on a hill crest with pano. ocean, coastline and city light views with 180 degree view

Incredible Deal!!! Gorgeous Ranch Style Estate in the private community of Rolling Hills. This

from Malibu to Downtown L.A. Architecture by Roger North. Home features 4 bdrms and 4.5

12,000 sq. ft. of luxurious living space is situated on two acres of flat, all useable land, built in

baths, 4320 sq. ft. living space on a 2.74 acre lot (per seller). Large entry with 17 ft. ceilings

2000. The estate features 5 bedrooms, 7.5 baths, large formal living room with crystal chandeliers,

throughout, large kitchen opens up to Great Room. Gourmet kitchen w/ all Thermador Stainless

formal dining room with a large custom round table, seating for 14, large open kitchen with

Steel Appliances & large walk-in pantry; Santos Mahogany H/wood and travertine floors

European cabinets, large family room with French doors opening up to the yard, pool, spa, and

throughout; Cherry cabinets w/ ton of storage space; large 3-car garage w/ high

panoramic city- night views, large walk-in wine cellar, recreation room, home theater with lounge,

ceilings, dual zone heating & AC. Owners have approved plans for 80 x 30 barn and

ballroom with wet bar, 4 car garage and beautiful landscape lawns and gardens

infinity pool- lots of grass area & upper pad is ideal for guest house/barn.

make for a fabulous home for living and entertaining. Motivated Sellers!

0 CHESTNUT  ROLLING HILLS  $3,299,000

5 SAGEBRUSH .ROLLING HILLS  $ 6,999,000

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.

Over $100 Million Sold So Far in 2011

palos verdes office manhattan beach office

310.698.4545 310.379.2167

www. RajuSells .com DRE: 00874072


Good to our Clients, In today’s market finding theOur right home loan is not just and about comparing interest rates and fees. Building a Community our People

relationship with your mortgage professional and integrating your new loan into the rest of your financial plan is just as important. At Watermark Home Loans your new home loan is not just a transaction, it is the first step in a long term partnership between our clients and our company. In today’s market finding the right home loan is not just about comparing interest rates and fees. Building a relationship with your mortgageAtprofessional integrating your newa loan rest of yourBanking. financial As plan is just lender as important. Watermark Watermarkand Home Loans we offer new into stylethe of Mortgage a direct we haveAtthe ability Home Loans your new home loan is notofjust a transaction, is the first in abank, long but termour partnership our clients and our to control every aspect your transaction,it similar to astep large conciergebetween style service eliminates thecompany.

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Conforming loans with No points Conforming loans No points 30 year fixed up with to $417,000 4.75% (4.804% APR)

30 year30 fixed up toup$417,000 (4.804% APR) year fixed to $729,750 4.75% 4.875% (4.912% APR) 30 year fixed up to $729,750 4.875% (4.912% APR)

FHA loans with No points FHA loans 30 yearwith fixed No FHA points up to $417,000 4.625% (4.995% APR)

Jumbo loans with No points with No points 5Jumbo year fixedloans ARM up to $1,500,000 3.50% (3.357% APR) yearfixed fixed ARM up$5,000,000 to $1,500,000 (3.357% 55year ARM up to 4.125%3.50% (3.579% APR) APR) yearfixed fixed ARM up$3,000,000 to $5,000,000 APR) 75year ARM up to 4.125%4.125% (3.569%(3.579% APR) 7 year fixed ARM up to $3,000,000 4.125% (3.569% APR)

VA loans with No points VAyear loans with No$1,500,000 points 4.75% (4.958% APR) 30 fixed VA up to

30 year fixed FHA to up $417,000 4.625% (4.995% APR) 30 year fixedup FHA to $729,750 4.625% (4.995%) APR) 30 year fixed VA up to $1,500,000 4.75% (4.958% APR) 30 year fixed FHA up to $729,750 4.625% (4.995%) APR) Rates effective 4.20.11 Rates effective 4.20.11 NEW!! No income loans are available. We can qualify you based on your assets, credit and equity.

NEW!! No income loans are available. We can qualify you based on your assets, credit and equity. • Same day pre-approvals • 24 hour underwriting approvals • Dedicated Mortgage Professional to tailor loan and guide you every step of the wayMortgage • Same day pre-approvals • 24your hour underwriting approvals • Dedicated Professional to tailor your loan and guide you every step of the way Watermark Home Home Loans Watermark Loans www.watermarkhomeloans.com www.watermarkhomeloans.com

Call me personally for a private consultation Regan Hagestad, Managing Director of Mortgage Banking 800-357-4077 | rhagestad@watermarkhomeloans.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 Irivine, CA 92618 DRE license number 01523306 NMLS ID: 1838


2504 The Strand, Manhattan Beach

Offered at: $7,190,000 Beauty at the beach This Stunning Strand residence offers breathtaking ocean views from 3 levels of the home. Quality and outstanding design make this your private Sanctuary. You’ll be close enough to touch all the excitement Los Angeles has to offer, while still enjoying the small town atmosphere that’s a signature of life in Manhattan Beach.

Home features: Panoramic Ocean Views

3 Fireplaces & Floating Stairs

3 Ocean Side Decks

Home office

Floor to Ceiling Glass Windows

Strand Level Entertainment Room with Wet Bar

3,400 Sq Ft (BTV) Main Home: 3 Bedrooms / 4 Bathrooms Apartment Attached: 1 Bedroom / 1 Bathroom

Custom Contemporary Design 6 Car Parking

Direct: 310.546.3173 Email: SK@BeachSanctuary.com Web: CaliforniaSanctuary.com DRE #01837448


RAY KAPPE, F.A.I.A. The Scheimer Residence / 1600 THE STRAND — Manhattan Beach With its wrap around panoramic beach views from arguably one of the best sites on the Strand, the experience within, with its high curving steel and glass windows, and swimming pool on top deck, is as if one is captaining from the helm of a massively large ocean-liner plowing headlong into the sand not from the ocean, but rather from land-side. This iconic architectural statement of the beach lifestyle is built for fun to be enjoyed for ages.

Irreplaceable landmark building due to building code changes Asking price is significantly below replacement cost Direct access to the Strand from a valuable prime corner lot Custom quality steel and glass construction

Recent upgrades to systems Dynamic horizontal and vertical open plan interiors Luxury appointments throughout Attached 3 car garage

SOLD! Gerard Bisignano & Crosby Doe Working Together Crosby Doe Associates, Inc. 9312 Civic Center Drive #102 Beverly Hills, CA 90210 / DRE# 01844144


THOM MAYNE & MICHAEL ROTONDI, ARCHITECTS / OPEN FRIDAY the 29th 12 – 2PM Panoramic Ocean Views / 3410 Hermosa Avenue — Hermosa Beach The Lawrence/Harris Residence, 1983 — 2004. Harris revisions: Daly, Genik, Architects. Three story Internationally recognized steel and glass residence directly across from the Strand. Three bedrooms, 2.5 baths, den/library and wine cellar. From the imposing three story entry, an elevator whisks one to the top floor where space, light & air are the hallmarks of living and dining areas surrounded by panoramic vistas dominated by the beach and ocean. There is a natural flow to the kitchen, and out to a garden roof terrace. There is an additional corner lot devoted to gardens, parking, patio and play areas.

Internationally acclaimed Morphosis Architecture, 4,000 + Sq. Ft. Rare street to street corner double lot Four story elevation with elevator Master bedroom with built-ins & fireplace

2 additional bedrooms / 2.5 luxurious baths Gardens with room for pool, sports court & patios Open plan living & dining areas with fireplace & ocean views Direct access from 2-car garage

$5,495,000

Gerard Bisignano / 310.990.4727 & Crosby Doe / 310.275.2222

To Bring You Great Architecture In The Southbay. 608 Silver Spur Road, Suite 103, Rolling Hills Estates CA 90274 / DRE#01116110


GORGEOUS HOME IN SOUTH REDONDO! 1233 S. Helberta Avenue, Redondo Beach 4 Bedroom | 2.5 Bath | Chef’s Kitchen | Formal Dining Room Fantastic Master Suite | Wonderful Entertaining Home Beautiful Front and Back Yards | 2466 sq.ft home/5500 sq.ft lot Short Walk to Riviera Village, Beach and Award Winning Schools Offered at $ 1,100,000 Open House Sat 11 am- 3pm/Sun 1 pm - 5 pm

www.1233Helberta.com

JULIE R. CHRISTENSEN SFR Certified, HAFA Certified

CELL (310) 874-2886 SouthBayBeachCitiesHomes.com DRE# 01804587

1640 S.PACIFIC COAST HIGHWAY REDONDO BEACH, CA 90277 OFFICE (310) 375-0583

Low Maintenance 9-Unit Apartment Building – Built in 1986!

Spanish Style Beauty on most desirable street in Old Torrance!

1512 257th St. Harbor City $979,000

1621 Post Ave. Torrance $639,000

6,792 Sqft. | 9,000 Sqft. Lot Multi-Family | NO Rent Control Great Location with Great Investment Opportunity

2 Bedrooms | 1.5 Baths 1,413 Sqft. | 7,000 Sqft. Lot Large RV parking area | 2 car Garage with Workshop and 1/2 Bath

Great Potential on a Quiet Street.

Quiet well kept Townhome in The Gardens!

2439 W. 236th Pl. Torrance $459,000

1479 Stonewood Ct. San Pedro $409,000

Three bedroom home on quiet a street. New paint throughout. Huge back yard with lots of potential.

2 Bedrooms | 2.5 Bathrooms | 1,572 Sqft. End Unit | 2 Car Garage & 2-Parking Spaces Updated Kitchen | Inviting Patio with Spa and BBQ

Roger Hart Forecast Realty 310-781-2000 | 310-350-1749 cell 2420 W. Carson St. #120, Torrance, CA 90501 rhart@forecastrealty.com www.forecastrealty.com 38  SouthBayDigs.com | 04.29.2011


1619 3rd St., Manhattan Beach | www.1619third.com

2211 Bayview Dr., Manhattan Beach | www.2211bayview.com

OPEN HOUSE - Saturday & Sunday 2 - 4 pm

harp Mediterranean Townhome There’s a home to suit every Slifestyle

June Emerson 310.721.4878 DRE #01475939

1219 Cypress Hermosa Beach Offered at $1,100,000 Rear Unit of Two | Quiet Location – Close to Downtown, Restaurants & Beach | Huge Master Suite | Open Floor plan on Upper Living Area with Two Big Decks for Outdoor Living | Fireplace & Built-in Bookcases in Living Room | Lots of Built-in Storage in 2-Car Garage | Terrific Entertainer’s Home

1219 Cypress, Hermosa Beach

offered at $1,100,000

* Rear Unit of Two * Quiet Location, yet close to the downtown shops, restaurants and beach * Huge Master Suite * Open Floorplan on the upper living area with two big decks for outdoor living * Fireplace and built-in bookcases in the Living Room * Lots of Built-in storage in the 2 car garage * Terrific Entertainer’s Home

OPEN HOUSE - Sunday 2 - 4 pm

DRE# 00910321

Sharp Mediterranean Townhome

License # 00910321

Information deemed reliable but not guaranteed. Buyer to verify.

04.29.2011 | SouthBayDigs.com  39


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


Experience the Difference. 305 2ND ST. HERMOSA BEACH

Whether Buying or Selling...

3 bedrooms & 3.5 baths Rooftop deck with ocean views Private Backyard 2 car garage $1,100,000

I am working for you to achieve your dreams.

Broker’s Open Friday May 6th 12-2pm Call Tracey for a free

Public Open House Saturday May 7th & Sunday May 8th 2-4pm

Brittny Burford

Shorewood Realtors 950 Artesia Blvd Hermosa Beach, CA 90254 Direct: (310) 897-8228 brittny@shorewood.com DRE#01874928

1170 Shelley Street, MANHATTAN BEACH Very light, very bright 4 bedroom, 3

customized Market Analysis of your home.

tn

Tracey Nesicolaci Shorewood Realtors 310.717.1822 Tracey@shorewood.com HomesbyTracey.com DRE # 01751750

I AM HAPPY TO BE WORKING WITH SHOREWOOD REALTORS, SOUTH BAY’S LARGEST AND OLDEST INDEPENDENTLY OWNED REAL ESTATE COMPANY.

bath residence with 1858 sq feet of living area. Plush carpeting throughout.

As your agent, I will work hard to help you with all your real estate needs and negotiate

Sparkling country style kitchen with

the best price possible for you. I believe that working hard at something you love

eating nook. Big dining area with sliding

to do, with people you trust, is one of the greatest experiences in life. As a life long

doors to rear deck area. Living room

Southern California resident, I have insider knowledge to find a special property in

offers beamed ceiling + wood burning

your neighborhood of choice. I am an agent who can help you achieve your goal or

fireplace. Large, light master bedroom

dream with the purchase or sale of your first home, your dream home, or investment

with sliding doors to rear deck area. This

property, I promise to provide you with outstanding service, honesty and integrity.

home truly fits the “move-in condition”

I would also be honored if you would think of me when referring an agent to your

description. Buy now and begin to enjoy

friends and family who may have real estate needs. I am looking forward to hearing

the wonderful Manhattan Beach lifestyle

from you and helping you with your real estate search.

with refreshing ocean breezes.

NEW PRICE $985,000 Also Available -> 1101 Cypress, Hermosa Beach • Duplex • Buildable 3 Town Home Site • $1,075,000

Tristy Patterson

Myles B. “Skip” Zeleny, CRS

Cell 424-634-1718

skipzeleny@aol.com

Office 310-376-8871 ext 6729

(310)251-2407 cell

Tristy.Patterson@shorewood.com

www.BeachAreaProperties.com Hermosa Beach 950 Artesia Blvd. 310.376.8871

Hermosa Beach 986 Artesia Blvd. 310.406.2020

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

Palos Verdes Estates 16 Malaga Cove 310.698.1555

Redondo Beach 1009 Torrance Blvd. 310.316.8464


Experience the Difference.

INDUSTRIAL FARMHOUSE O

Su PEN nd HO ay US 1- E 4

632 30th St., Manhattan Beach

Wow, is right.

Photos by Steve Gaffney

It looks like it’s out of Architectural Digest, yet, it is a family friendly home designed for easy living.

LYNNE LEAR Off Market Specialist Shorewood Realtors 310-779-1723 www.lynnelear.com Hermosa Beach 950 Artesia Blvd. 310.376.8871

Hermosa Beach 986 Artesia Blvd. 310.406.2020

All 4 bedrooms on top floor. 3 full baths. Poured concrete counter tops in chef’s kitchen with top of line everything. Cool eat-in nook. 2 fireplaces downstairs. Hidden children’s play fort. Open floor plan leads to flat grassy enormous (for tree section) yard. Dark wood ceiling beams synthesize all rooms.

NEW LISTING IN THE TREE SECTON

Incredible light. Aesthetically inspiring.

$1,985,000

This is not your mother’s house.

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

Palos Verdes Estates 16 Malaga Cove 310.698.1555

Redondo Beach 1009 Torrance Blvd. 310.316.8464


Experience the Difference.

Warm & Inviting Home in “The Grove�

Beautiful Single Level Home w/ Pool & Spa

3016 Via La Selva, PVE 5 bed/3.5 ba & 3,020 sf Offered at $1,699,000

6952 Grovespring Drive, RPV 4 bd/2.75 ba & 1,617 sf, 8,270 sf lot Offered at $836,000

www.tonypuma.com

Hermosa Beach 950 Artesia Blvd. 310.376.8871

Hermosa Beach 986 Artesia Blvd. 310.406.2020

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

Palos Verdes Estates 16 Malaga Cove 310.698.1555

Redondo Beach 1009 Torrance Blvd. 310.316.8464


CUSTOMIZED MORTGAGE SOLUTIONS… ONE CUSTOMER AT A TIME.

Victor Samaan

1720 South Elena, Redondo Beach

direct: 310-422-3339 | office: 310-373-6206 victor.samaan@bankofamerica.com Bank of America, N.A., Member FDIC Equal Housing Lender © 2010 Bank of America Corporation. Credit and collateral are subject to approval. zTerms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.

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

1601 Cataluna Place • Palos Verdes Estates 4 Bed | 2.5 Bath | 2,279 Sqft. (Buyer to Verify) | 10,237 Sqft. Lot One of the original Spanish style homes on the best family street in Monte Malaga. Designed and built in 1957, this private retreat was rebuilt from the studs up – with new plumbing, wiring, heating, two new bathrooms upstairs and a new half bath downstairs.

Offered at $1,500,000 | WWW.1601CatalunaPlace.com Owner May Carry with 20% Down O.A.C.

Steve Simonetti Business: 310-378-1830 Mobile: 310-621-5155 SteveSimonetti@gmail.com www.stevesimonetti.com

44  SouthBayDigs.com | 04.29.2011


16 Bowie Road, Rolling Hills, 90274 4 Beds | 4 Baths | 4294 Sq.Ft. | Panoramic Views Located in the enchanting City of Rolling Hills, a private gated community located atop the scenic hills of the Palos Verdes Peninsula, this Ranch-Style Estate is set among an immaculate lush landscape and ranch style/equestrian environment. With an enduring respect for native wildlife and the natural surroundings, this one-of-a-kind home offers breathtaking panoramic views, from the majestic queen’s-necklace view of the Santa Monica Bay, to twinkling city lights below all the way to world famous downtown skyline, and across to the regal views of San Pedro’s impressive Port of Los Angeles. Pristine stables and private park-like settings are centuries away from the city below as you enter the grounds up a long private driveway, with lush, expansive, colorful, and meticulously maintained landscape that is well over an acre. Designed by a renowned local architect, the ambience of the exterior blend perfectly with the intimate interior spaces throughout this home and offer a feeling of openness and illumination of natural light. Five main bridle trails provide convenient access for ones equestrian enjoyment. The quiet, serene atmosphere is experienced while strolling through the grounds of this magnificent ranch-style estate. An extra-large three-car garage and parking platform provide extra parking for guests.

Offered at $4,600,000 TheJewelofRollingHills.com

236 N. Juanita # B , Redondo Beach, 90277

3735 168th Street, Torrance

This stunning newer townhome offers a bright and open feeling that offers great living and entertaining in the heart of South Redondo. Built in 2006, it is completely detached and has approx. 2,450 sq. ft. It features 4 bedrooms and 2.5 baths with a fabulous master suite, dual sinks, spa tub & a hugehis and her walk in closet. The kitchen is a chef’s dream with stainless steel Viking appliances, imported slab granite countertops and custom ma ple cabinetry. Other features include a spacious loft; 2 balconies; hardwood and travertine flooring; state of the art sound system & CAT 5 wiring.

TURNKEY Single Family Home. Approx. 1,289 sq. ft. (buyer to verify) Lot Sq. Ft. 5,790. Three Bedrooms & Two Baths. Bright & Spacious Living Room. Updated Kitchen With Stainless Steel Appliances. Formal Dining Room. Big Private Backyard. Hardwood Floors Throughout. Built In 1956. Other Upgrades Include: New Entry Door; Recessed Lighting; Smooth Ceilings; New Fixtures; New Kitchen Countertops With Mosaic Back Splash; New Window Blinds

Offered at $949,000

Jeannie Penner-More Realtor / Loan Consultant

310.259.6570

Jeannieshomes@aol.com • www.JeanniesHomes.com DRE: 01076415

Offered at $499,000


“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



EXPERIENCE A NEW LEVEL OF EXCELLENCE IN REAL ESTATE. EXPERIENCE RE/MAX SANTA MONICA | BEVERLY HILLS | MARINA DEL REY /VENICE | WEST LOS ANGELES MANHATTAN BEACH | REDONDO BEACH | RPV/SAN PEDRO | EL SEGUNDO | MALAGA COVE ROLLING HILLS ESTATES | TORRANCE | RANCHO PALOS VERDES

Palos Verdes Realty

EXECS

Lynn Lord R E A L E S TAT E

4532 Newton Street, Torrance 3 bedrooms | 3 baths | 2,557 sq ft | 6,600 lot size | Permitted Guest House | Private Sun Deck | City Light Views Upper Level Master Suite

$949,000 www.4532NewtonStreet.com

28210 PV Drive East, Rancho Palos Verdes 5 bedrooms | 3 baths | 2,982 sq ft | 23,520 sq ft Lot Private Pool | Tennis Court | Open Formal Living Room | High Ceilings New Granite Counters | Stainless Steel Appliances | Travertine Flooring

$1,299,000 www.28210PvDriveEast.com

2208 Via Alamitos, Palos Verdes Estates 4 bedrooms | 3 baths | 2,645 sq ft | 8,907 lot size Private Pool | Oversized Deck | Entertaining Back Yard Granite Counters | Stainless Steel Appliances | New Flooring

$1,399,000

www.2208ViaAlamitos.com

Lynn Lord, GRI, CDPE

310-493-7016 direct 310-703-1999 fax www.CaliforniaShortSaleSpecialist.com www.lynnlord.com

Senior Real Estate Consultant RE/MAX Palos Verdes DRE #00932611

Malaga Cove 63 Malaga Cove Plaza Palos Verdes Estates (310) 378-9494 DRE #00983568

Silver Spur 450 Silver Spur Rd. Rancho Palos Verdes (310) 544-9999 DRE #00983568

Miraleste Plaza 5 Miraleste Plaza Rancho Palos Verdes (310) 831-0222 DRE #00983568

South Bay 23740 Hawthorne Blvd. Torrance (310) 378-9889 DRE #01219939

Redondo Beach 1720 South Elena Redondo Beach (310) 378-7747 DRE #01219939

RPV San Pedro 28901 South Western Ave. Rancho Palos Verdes (310) 514-1364 DRE #01219939

Manhattan Beach 400 S. Sepulveda Blvd. Manhattan Beach (310) 376-5225 DRE #01879720

El Segundo 402 Main Street El Segundo (310) 322-1425 DRE #01879720


EXPERIENCE A NEW LEVEL OF EXCELLENCE IN REAL ESTATE. EXPERIENCE RE/MAX SANTA MONICA | BEVERLY HILLS | MARINA DEL REY /VENICE | WEST LOS ANGELES MANHATTAN BEACH | REDONDO BEACH | RPV/SAN PEDRO | EL SEGUNDO | MALAGA COVE ROLLING HILLS ESTATES | TORRANCE | RANCHO PALOS VERDES

Palos Verdes Realty Enjoy Incredible WhiteWater Views Just Steps from the Beach 225 38th Street Manhattan Beach • 3 bdrm 3.5 bath 2,229 SqFt Townhome. • Located West of Highland. Open Floor Plan with Spacious Kitchen and Oversized Family Room. • Amazing Views From Kitchen, Living Area, Large Master Suite and Two Balconies. • Oversized two car garage as well as extra enclosed car port on property. • Convenient Manhattan Beach Location, Very near shops, restaurants and entertainment. • Modern Construction built in 1989

Custom Home on the Best Street in Rolling Hills Estates!

8 Pleasant Hill Rolling Hills Estates • 4 bdrm 4 bath 4400 square feet of living space on a huge 21,000 square foot lot. • Lushly Landscaped Yard Features Pool and Jacuzzi. • Great Floor Plan, • Massive Kitchen Flows Directly into the Family Room • Grand Master Suite with Large Bath and Expansive Walk in Closet • Situated on a Quiet Cul-de -sac Street, The Perfect Family Home!

Kirby Larson RE/MAX Palos Verdes Execs Broker C: 310-541-1993 F: 310-541-6181 LarsonsRealEstate.com

Malaga Cove 63 Malaga Cove Plaza Palos Verdes Estates (310) 378-9494 DRE #00983568

Silver Spur 450 Silver Spur Rd. Rancho Palos Verdes (310) 544-9999 DRE #00983568

Miraleste Plaza 5 Miraleste Plaza Rancho Palos Verdes (310) 831-0222 DRE #00983568

Haley Larson RE/MAX Palos Verdes Execs C: 310-897-2257 LarsonsRealEstate.com

South Bay 23740 Hawthorne Blvd. Torrance (310) 378-9889 DRE #01219939

Redondo Beach 1720 South Elena Redondo Beach (310) 378-7747 DRE #01219939

RPV San Pedro 28901 South Western Ave. Rancho Palos Verdes (310) 514-1364 DRE #01219939

Manhattan Beach 400 S. Sepulveda Blvd. Manhattan Beach (310) 376-5225 DRE #01879720

El Segundo 402 Main Street El Segundo (310) 322-1425 DRE #01879720


EXPERIENCE A NEW LEVEL OF EXCELLENCE IN REAL ESTATE. EXPERIENCE RE/MAX SANTA MONICA | BEVERLY HILLS | MARINA DEL REY /VENICE | WEST LOS ANGELES MANHATTAN BEACH | REDONDO BEACH | RPV/SAN PEDRO | EL SEGUNDO | MALAGA COVE ROLLING HILLS ESTATES | TORRANCE | RANCHO PALOS VERDES

Palos Verdes Realty

Don’t Miss Out --On the Exceptional Home Values, and Extremely Low Interest Rates, Available Now!

Call Michael Drotman Today...

Customer Testimonial

9 For a FREE Copy of Real Estate Trends in your area 9 For a FREE Price Analysis of your property 9 To Tour Any Home you see on the internet/at open houses 9 To Review the 5 Best Property Values in your price range What Is A CIAS Agent? There Are Fewer Than 600 In The US (3/11). Find Out At The “Investment Properties” Section Of Mike’s Website. Download FREE QR Code Reader App For Your Phone - Aim Phone At Code

RE/MAX BEACH CITIES REALTY

Michael Drotman MDrotman@earthlink.net www.MichaelDrotman.com 310-991-0561

“Thank you so much for assisting us in the purchase of our home in the Manhattan Beach tree section. Your knowledge of home values. negotiating skills, follow up, professionalism, postitive attitude and sense of humor, made the experience extremely enjoyable. We love the appreciation of our home’s value, even in a down market. Thanks for everything. We will glady refer you to anyone needing a realtor.” - Dean & Janice Bender

CERTIFIED INVESTOR AGENT SPECIALIST™

2 Ocean Front Condos 625 Esplanade Unit 65 2 bedroom plus loft, 2 bath Ocean views from loft and deck Fully remodeled, turnkey Vaulted ceilings, light and bright Washer and dryer in unit Large storage in attic Reduced to $675,000

625 Esplanade Unit 65

535 Esplanade Unit 502 2 bedroom, 2 bath, one level Wonderful ocean view Watch dolphins play in the surf Washer, dryer, fridge inc. Small pets welcome Move in ready Just Listed $625,000

Under $1 million in Valmonte 4136 Via Solano, Palos Verde Estates. 4BD/2BA, 2234 sqft traditional ranch style home in a most desirable neighborhood of Valmonte. This home includes a large LR , formal DR, park-like landscaping and central air-conditioning. With some cosmetic remodeling, this home will match the neighborhoods 1M plus homes.

www.4136viasolano.com 535 Esplanade Unit 502

Offered at $969,000

Allan Ephraim

Rick Wilkinson

Allan Ephraim, Realtor®, QSC, e-PRO, CDPE RE/MAX PV Realty 310-541-6389 - Direct 310-489-4458 - Cell

1720 S Elena Ave Redondo Beach CA 90277 Cell 310-663-9064 RickWilkinson@remax-execs.com PremiumSouthBayHomes.com

Malaga Cove 63 Malaga Cove Plaza Palos Verdes Estates (310) 378-9494 DRE #00983568

Silver Spur 450 Silver Spur Rd. Rancho Palos Verdes (310) 544-9999 DRE #00983568

Miraleste Plaza 5 Miraleste Plaza Rancho Palos Verdes (310) 831-0222 DRE #00983568

1-4PM Open House, Sunday May 1st

DRE #01361247

South Bay 23740 Hawthorne Blvd. Torrance (310) 378-9889 DRE #01219939

Redondo Beach 1720 South Elena Redondo Beach (310) 378-7747 DRE #01219939

RPV San Pedro 28901 South Western Ave. Rancho Palos Verdes (310) 514-1364 DRE #01219939

Manhattan Beach 400 S. Sepulveda Blvd. Manhattan Beach (310) 376-5225 DRE #01879720

El Segundo 402 Main Street El Segundo (310) 322-1425 DRE #01879720


EXPERIENCE A NEW LEVEL OF EXCELLENCE IN REAL ESTATE. EXPERIENCE RE/MAX SANTA MONICA | BEVERLY HILLS | MARINA DEL REY /VENICE | WEST LOS ANGELES MANHATTAN BEACH | REDONDO BEACH | RPV/SAN PEDRO | EL SEGUNDO | MALAGA COVE ROLLING HILLS ESTATES | TORRANCE | RANCHO PALOS VERDES

Palos Verdes Realty

159 Calle Mayor Hollywood Riviera town house w/ panoramic coastal ocean views. Remodeled inside and out with quality upgrades Priced reduced - seller moving - Short sale application in progress.

Call for action - Now $599,950 plus $58,000 assessment for exterior renovation pd. to HOA @ close of escrow.

Michael Talbot (310) 422-4309 - cell m.talbot@gte.net MikeTalbotRE.com DRE. Lic.#00645363

4584 Don Milagro Drive, Los Angeles (Baldwin Hills)

958 Rosecrans, Manhattan Beach www.958Rosecrans.com

1311 Manhattan Beach Blvd., #1

Updated kitchen with granite counter tops, tumbled marble backsplash, new appliances. Living room with vaulted ceilings, wood-burning fireplace and new hardwood flooring. Two large bedrooms. Gorgeous remodeled bath. Detached family room with beam ceilings. Huge lot, nearly 6,000 square Feet. Lushly landscaped front and back yards. Detached two car garage with a long driveway that fits 7 cars. Fantastic location: Award-winning Manhattan Beach Unified School District! Offered at $890,000

Malaga Cove 63 Malaga Cove Plaza Palos Verdes Estates (310) 378-9494 DRE #00983568

REDUCED TO $849,000 Silver Spur 450 Silver Spur Rd. Rancho Palos Verdes (310) 544-9999 DRE #00983568

Incredible view home of the entire LA basin. Major remodel of the entire home just completed with no expense spared. Huge master with Jacuzzi bathtub and waterfall, shower and sauna. Contemporary style three bedroom plus office, 2 1/2 bath, 2,853 square feet. Separate living, family and dining rooms. Inlaid marble and hardwood floors throughout. Staircase with custom ornate ironwork. High ceilings with deluxe crown moldings. Wired for speakers and security. Incredible, breathtaking home.

Wonderful 2 bedroom 2 bath townhouse in Manhattan Beach. Owners Unit with no shared walls located in an intimate 5 unit complex. Extensively REMODELED with no expense spared. Gourmet kitchen with granite counters, new stainless steel appliances and tile flooring. Living room with distressed hardwood flooring, fireplace and custom lighting. Large private bedrooms upstairs with plenty of closet space. Bathrooms tastefully updated with custom cabinets, granite counters and custom backsplash inlay. Front unit provides ground level entry and direct access to the 2 car parking and storage.

MUST SEE! $779,000

$499,000

Miraleste Plaza 5 Miraleste Plaza Rancho Palos Verdes (310) 831-0222 DRE #00983568

South Bay 23740 Hawthorne Blvd. Torrance (310) 378-9889 DRE #01219939

Redondo Beach 1720 South Elena Redondo Beach (310) 378-7747 DRE #01219939

RPV San Pedro 28901 South Western Ave. Rancho Palos Verdes (310) 514-1364 DRE #01219939

Janet A. Stearns REALTOR® DRE# 01851243

Cell: (310) 480-1167 RE/MAX 100% Club “Your dream . . . My Passion!” jstearns@pvexecs.com

Manhattan Beach 400 S. Sepulveda Blvd. Manhattan Beach (310) 376-5225 DRE #01879720

El Segundo 402 Main Street El Segundo (310) 322-1425 DRE #01879720


$999,888 2140ViaPacheco.com

Available for Lease

$2,550,000

$1,199,000

32534Seacliff.com

$2,299,000 729ViaDelMonte.com

13BridlewoodCircle.com 310.541.8271 • peninsulasir.com

2808PaseoDelMar.com $1,699,000 549PaseoLunado.com

$2,299,000

$5,995,000

2456ViaSonoma.com

Rick Edler 310.872.4333 DRE# 01113145

$2,799,000

The Edler Group

$1,149,000 Kitty Edler 310.283.8790 DRE# 00800837

Darin DeRenzis 310.418.6210 DRE# 01760239


Comic strip art - 1990 - clear book

Lift art drawn by LoBianco Studios - 5/99

“If” you need answers to your mortgage questions MetLife Home Loans, a division of MetLife Bank, N. A., is here to help. Because home ownership is part of life, we want to make the experience simple and fulfilling. Your local Mortgage Consultant will work with you by answering your questions and guiding you each step of the way.

For more information, contact: Eli Fairfield Sales Manager 1230 Rosecrans Ave, Suite #402 Manhattan Beach, CA 90266 310-227-3359 efairfield@metlife.com www.elisouthbay.com

All loans subject to approval. Certain conditions and fees apply. Mortgage financing provided by MetLife Home Loans, a division of MetLife Bank, N.A. Equal Housing Lender. ©2011 METLIFE, INC. L0411173118[exp0512][All States][DC] © 2009 PNTS

For the if in life ®

13357


24 8th Street, Hermosa Beach Fantastic new contemporary home in the heart of downtown Hermosa just two doors from the strand and sand, Gourmet kitchen with walk-pantry comes complete with commercial Viking appliances, granite counter tops, custom cabinets and hard wood floors. This home is equipped with elevator, beautiful decks including one on the roof which is engineered and ready for a spa and BBQ to enjoy the city and whitewater views. Spacious open floor plan, living room with fireplace, master has a walk-in closet, large his/her bath, jacuzzi tub. House is wired for stereo, alarm as well as high speed internet (CAT5). Hermosa Beach living at it’s best!

301 25th Street, Manhattan Beach

41 Nantasket, Rancho Palos Verdes

3410 Hermosa Avenue, Hermosa Beach

Walk Street - Classic Beach Duplex. Live and play only three blocks from the beach. Stunning water and beach views with perfect sunsets. Living room has wood burning fireplace. Walk out on to your front deck for lounging or grilling. See and hear the waves. Recently renovated — move right in and enjoy the summer. In the beautiful Sand Section of Manhattan Beach on a oversized 2/3 lot. One 3 bed/2 bath unit and one studio with full bath and kitchen. Both units are super easy to rent. Sit on the deck and sip your morning coffee and enjoy the ocean views. Great investment or build opportunity.

A magnificent property of almost 1/2 an acre of land boasting ocean, Catalina Island, resort & golf course views. Nantasket Estate is immediately adjacent to the world class Terranea resort on the Palos Verdes Peninsula. Site features 275 ft of frontage along Terranea’s links golf course ~ fairway and hole 9, as well as 200 ft of street frontage rivaling the size and reminiscence of old Pasadena & Palos Verdes estates legendary homes. Fully approved plans for a 5,500 sf resort-style 2 story home, approved by both the city of RPV and the California coastal commission.

Architectural Digest’s Editors’ Selection October 2010. A masterpiece in art & living. These worlds meld in this testament to post modern design. An early work by the internationally acclaimed Morphosis design team, Thom Mayne & Michael Rotondi, this blending of stainless steel, concrete & natural elements combine to create a stunning home of epic architectural significance. Featured in the New York Times, this 4000+ square foot home has 4 levels with living room, dining room & kitchen all situated on the top floor to take full advantage of the spectacular ocean/coastline views. The entrance opens to a 3-story, semi-circular atrium. 2 sets of stairs trace a path through the structure that has an elevator, 3 bedrooms, a wine cellar, 2 fireplaces & a family room. Unobstructed ocean views from PV to Malibu, home has been called “the tallest home in Hermosa Beach.”

$1,695,000 $1,449,000

$2,595,000

$3,495,000

“Navigating the Real Estate market can be challenging during these uncertain times. As a luxury real estate specialists with Peninsula Sotheby’s International Realty I can offer you unsurpassed exposure and experience in the marketing of your home or when representing you in the purchase of a home. Please call me on my cell phone at (310) 990-4727.” —Gerard Bisignano

Gerard Bisignano is a life-long resident of the South Bay. He has been selling luxury real estate in our coastal community for over 20 years. He has been a consistent top producer and in 2009 became a Real Estate Specialist with Peninsula Sotheby’s. He received his MBA from Loyola Marymount University and served eight years on the Redondo Beach City Council. His marketing efforts have produced two homes named L.A. Times “Home of the Week” and he has been featured several times on NBC’s “Open House Los Angeles.” He has marketed one of the highest priced homes ever listed on the Manhattan Beach Strand and is known for being a top agent for luxury real estate from Manhattan Beach to the Palos Verdes Peninsula.


SOLD Artfully uniting extraordinary homes with extraordinary lives.

SOLD

Ray Kappe Design-Scheimer Residence 1600 The Strand, Manhattan Beach LIST PRICE $12,499,000Â

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


A Top 10 Realtor at ReMax Palos Verdes Realty

for the Past 7 Years THIS WEEK’S FEATURED PROPERTY

FOR LEASE $3,700/month 504 Via La Selva, Redondo Beach 3 Bed | 2 Bath | 2,000 sq ft

IN

ES

CR O W

Riviera Home with Great Views and Pool

Offered at: $659,000 Offered at: $1,079,000 4133 Mesa Street, Torrance 4 Bed | 2.5 Bath | 2,600 sq ft | State-of-the art home built in 2007 | Panoramic city and mountain views

2606 Ridgeland Road, Torrance

IN

ES C

RO W

www.4133Mesa.com

This delightful house in the Victoria Knolls area of Torrance will make you feel right at home. With 3 bedrooms and 2 baths in 1,659 square feet, this charming home includes new carpeting, hardwood floors, recessed lights, crown mouldings and copper plumbing. The remodeled kitchen has stainless steel appliances and both of the bathrooms are remodeled. The two bay windows, one in the dining room and one in the living room, provide the perfect sunny spot to relax with a good book. The spacious family room leads to the backyard. The home is close to great Torrance schools as well as shopping and entertainment.

www.2606Ridgeland.com

Offered at: $1,799,000

Igor Nastaskin

277 Via Buena Ventura, Redondo Beach

Cell: 310.892.6016 Office: 310.378.9494 inastaskin2@socal.rr.com www.IGORrealestate.com

5 Bed | 4.5 Bath | 3,615 sq ft | Brand new custom-built home | Walk to the beach and the Riviera Village

www.277ViaBuenaVentura.com

DRE 01317822

Your Best Move. Proud Sponsor of the Riviera Elementary Character Counts Program • # 1 Realtor in Sales Volume in the Hollywood Riviera in 2010

• #1 Realtor in the Hollywood Riviera for 6 out of the last 8 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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