Interesting real estate happenings throughout the South Bay. Want regular updates? Sign up for our bi-weekly newsletter.
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.
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.
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.
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?