Our latest new construction sale - 2101 Elm Avenue
in the Manhattan Beach Tree section - proves once again the efficacy of our lot sale program
. The original lot owner got multiple offers from developers and a premium price without paying a commission and the winning bidder got a well-located, flat, west-facing lot which they were able to develop into a premium modern farmhouse-style home that sold over list price. We love it when a plan comes together.
Yet another $6 million sale of a large ocean-view Manhattan Beach Hill section lot transpired recently. The buyer was the next-door neighbor but which one? The international tennis star or the founder and partner in a successful private equity firm? Find out here.
Mike and Sachi just closed on the sale of a prime Manhattan Beach Tree section lot to a local developer. To find out more about this sale and the enhanced benefit to the sellers of substantially lower transaction costs, read on.
Litigation can be draining, particularly when it involves the fate of the once successful production company, Gurney Productions, that you helped create, the company that produced the mega-hit Duck Dynasty. Thankfully, one of the co-producers (and a Manhattan Beach resident) has a heretofore unknown (to us, anyway) second talent, namely remodeling and flipping homes, as this exquisite new Hill section listing will attest.
A new offering from Steve Lazar continues an emerging trend toward contemporary-styled homes in the Manhattan Beach Tree section.
One of the highest-priced homes ever to sell in the Manhattan Beach Tree section - 719 19th Street
- just recently went into escrow again after selling for $6.5 million just last year. We hear the new price is even higher! ($6.7 million, perhaps?)
Manhattan Beach made Bloomberg's list of top 100 richest cities nationwide (#71) while Palos Verdes Estates clocked in at #47.
We just recently closed on two teardowns in East Manhattan Beach where the developer has a unique use for the teardowns prior to demolition - as a Drug Enforcement Agency practice site.
The road to hell is paved with good intentions (Part Deux). Nowhere is that more evident than in the impact of the Supreme Court's ruling on California prisons and the 2014 voter-approved Proposition 47 on property crimes in Los Angeles County and the South Bay.
New ballot initiative seeks to overturn California state rent control law by imposing even more stringent controls wherever rent control is adopted. Even greater housing shortages and more homelessness to follow. As they say, the road to hell is paved with good intentions.