The Strand Shows Signs of Life
June 8, 2017
A bombshell home sale wrapped up escrow last week at 1000 The Strand in Manhattan Beach. The massive south end corner lot officially closed for $21 million becoming the first residential sale over $20...
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A Can’t Miss South Bay Real Estate Investment
May 31, 2017
On September 27, 2016, two new bills (AB 2299 and SB 1069) were approved by Governor Jerry Brown. These new state-wide laws direct California cities to allow Accessory Dwelling Units (ADU), commonly known as “granny flats” or “in-law suit...
Record Breaking Income Property Sales in South Bay Real Estate
May 18, 2017
A new record apartment sale was made (again!) here in the South Bay. If you followed my blog back in September 2016 then you read about the record breaking Sand Section sale in Hermosa Beach (New Era for Hermosa Apartments after Record Sale). T...
Your Secret Weapon to South Bay Real Estate Investing
May 10, 2017
After a 10-day vacation abroad, I am feeling refreshed and ready for some real estate talk! However, real estate is a fast moving game these days and it takes some time to catch up on what is going on in the local market after being absent...
Affordable Homes are En Vogue
April 27, 2017
It is hard to fathom how in demand affordable homes are in the South Bay. Currently, if there is a home listing for sale on the lower end of the price spectrum for the area, there is massive demand.
Redondo Beach
There has been a frenzy...
Notable Sales on The Hill
April 13, 2017
This week I wanted to highlight some notable sales up on the Palos Verdes Peninsula. There were record highs and record lows set in Lunada Bay, along with some interesting movement in Rancho Palos Verdes and Rolling Hills Estates in the past m...
Deals by the Beach for Under $1 Million
April 3, 2017
It is pretty uncommon to find a beach pad for under $1 million these days. Manhattan, Hermosa, and south Redondo Beach have all had a spectacular price run over the last few years making it difficult for first-time and second home buyers to get...
Stop Worrying about Rising Home Interest Rates
March 31, 2017
There are still a multitude of clients that are extremely worried about rising interest rates. Stop worrying! I want to ease the pressure buyers are putting on themselves to lock up a home ASAP in order to avoid a bad decision or over-paying fo...
Recent Real Estate Legislation Impacts South Bay Homeowners
March 24, 2017
Now that the dust has settled after the March 7th elections, many hotly contested real estate measures throughout southern California have been decided by voters. There were not only measures that affected the South Bay, but measures in nearby ...
Another Manhattan Beach Deal or Rip Off?
March 16, 2017
This week a new construction townhome on 815 Crest Drive closed at $3,425,000. If you recall our October blog post (A Manhattan Beach Deal or Rip-Off), I compared this townhome to its attached counterpart on 814 Highland Avenue that sold for $...
Better to Buy New Construction or Existing?
March 8, 2017
Buying new construction versus existing homes has become a hot topic here at Manhattan Pacific Realty. For my clients, I almost always default to recommending existing homes as they offer the best bang for your buck when compared to new constru...