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.
Teardowns in the Manhattan Beach Hill section are going for a pretty penny these days, with the highest priced dirt purchase in the Hill section recently hitting a record $6.2 million (twice). Is that record soon to be broken again? Learn more here.
We recently closed escrow on one newly-constructed Manhattan Beach home (461 27th Street
, pictured above) and opened escrow on another (2101 Elm Avenue
in the Tree section). In addition, we sold two adjoining 6500 sqft lots for a future 6-townhome project in East Manhattan.
Noted local developer has been making a career out of building quality custom homes. One source of his clientele - the LA Kings. Now it looks like he has another hockey assignment.
Outstanding views are the hallmark of a newly-listed contemporary masterpiece in the Manhattan Beach Sand section. Best of all, the owner of this single family home effectively owns those views. Some examples of what we mean are included here.
What well-known actress' Manhattan Beach Tree section home will soon be hitting the market now that she and her family have decamped to a new home (for them) in the American Martyrs area?