Real Estate in the Hermosa Beach and Redondo Beach Areas

Real Estate Agents..Do you want to earn some extra money? 3.5% to selling agent. My buddy is moving out of state and is ready to sell. This is for the Family with family on top of family….literally. The fun backyard is great for all kids play and the front deck patio is a great escape for the adults. Lets get the word out and see who wants a move to Redondo Beach.

Fully remodeled home in one of the best areas of the South Bay, one block from Alta Vista Elem School. M/bedroom and bath added in 2004, Lg game room added in 1995 with full kitchen, full bath, walk-in closet, laundry and private entry used as a Mother-in-laws quarters or 4th bed. Garage has a 3/4 bath attached w/ lg shower, little kitchenette and laundry. House has 3 laundry areas with full size stacked machines that will be included in the sale. Kitchen is fully remodeled with high ceilings and is part of the large open floorplan between the living and dining room. Rebuilt deck and composite railing great for family time. Backyard has 4 landscaped levels with flagstone, grass, swingset and slide area. Top level has pergala with a hammock and a great view with just the right amount of shade. Backyard also has numerous fruit trees including= oranges, lemons, tangerines, pomagranites, nectarines, apricots, blackberries, and fugi apples. New HVAC system.

Active
ML#:	S08063829
APN	7507006008
Orig. List Price:	$959,000
Price Per Sqft:	$490
County:	Los Angeles
Property Type:	Single Family Residence/A
Bedrooms:	4
Bath(F,T,H,Q):	4,0,0,0
Sqft/Source:	1,897/Assessor’s Data
Sqft Lot/Source:	6,000/Assessor’s Data

Two of everything….two story, two large French Doors accessing outside from the Living room and the Family room. Two olive trees. Two covered patio areas. The Living room area leads to the largest yard space  (shown) 

The Dining area has another covered awning with a  BBQ. Another interesting feature is the -Two bathrooms in one. What that means- is that in 1964 the builder said. I’ll put a shower/tub toilet and sink in this bathroom and Two doors. The other door will have a room with a toilet and sink. Sort of Jack and Jill with their own privacy for everything but sharing the tub/shower. Two people can get ready for work or school.

Living room with fireplace is large and there is an open plan kitchen dining /family room has a breakfast bar and a swinging door into the area.

Listed on the MLS  S08088779, Torrance. Location is easy to find. The Automobile Club office and Pier One buildings at Hawthorne Blvd has a light and turn East on 230th  Street which is above Lomita Bl and below Sepulveda Bl. About a block down at the corner of West and 230th is the home.

Two Olive trees  grace the driveway at the corner. That is good fortune and peace to the owners in many cultures.

Whiting is one of the best streets in El Segundo, California. This location is prime real estate for home owners.
A+ home, A+ location or A+ price

That is the mantra of all real estate agents that I know right now. We are working to understand buyers in this market. Sometimes people say oh its just like the 70’s 80’s or 90’s but it is never just like…alike. It is always like, but unlike.

The A+ home can be any size and shape but has to be really sharp. It’s clean, really well maintained, cared for and loved. The inside and the outside show the care and pride of ownership. Some top agents get the seller to move out much of their furniture and photos and just stuff…to get this sharp ready to sell look. It’s got fresh paint and no tired anything, floors, toilets, kitchen, plants, you know what I am talking about!

A+ location you know this also. Is it across from a home with cars parked on the lawn, units, businesses, or on a busy street? Its everything surrounding the property. It is how a buyer sees the area.

A+ price. This is simple also. There are divided areas by any way you want to compare.

Match your price to beat out the others in any category if you want to attract buyers- in any market.

That’s what I like about this rule of thumb. It’s true in any market!

photo by Lynne Pope- do not use without permission

Property prices for sale in the 90505 zip code over the last 2 years has not changed much, its still in the low 400 range the overall price per sq foot shows. The concessions have changed. It took a while for sellers to accept that it is now the buyers market. They sometimes pay closing costs or repairs which was rarely the case in the years past.

Real estate agents use the comparisons that the bank appraisers use; last 3 ms of sales, similar sq foot home and lot, year built, and MLS area. This is a simplified fact that still has to take into account amenities, condition, location, corner lot, cul de sac, view, pool, flat lot, and upgrades.

The saying right now is this “A+ home, A+ location or A+ price.”

LOCATION not far from the BEACH! about 4 miles

90505 has 13 listings in one area with the following boundaries

East of Hawthorne Blvd, North of Lomita Blvd

West of West of Crenshaw Bl. South of Sepulveda Blvd

SIZE

sq footage on average is 2000 sq foot. 4 bedrooms and lots averaging 6000 sq ft

PRICE

The price for sale ranges from 925K down to 660K however most are in the 850 range Two= 780 and 799 Two =925, 975

The rest are 829-890

Buyers are buying now with a few multiple offers. Sellers are selling now for reasons they always had, Moving, up or down, or away and some are bank issues. Of all these properties there is only one short sale in the 900 range. The Bank is starting high. Interesting note. They are not discounting to price offered as so many people assume. They may accept, as any seller, a lower offer.

This is a stable area. It is a great time to buy and some buyers are starting to see that past the press. Investors are buying. This is the time they were waiting for and cashed out of properties for. Anyone have a friend in finance? They projected it and prepared for it.

Guess why the are buying? So they can ride the next wave. Just call it the 10 year ride.

Photo by Lynne Pope -do not use without permission.

I am learning how to drive twitter

kevin boehr

Palos Verdes is the Crown Jewel in the South Bay area. The raised land is a hill of volcanic rock surrounded by sandy beach towns. Typical home styles are long and low in the

California ranch, Spanish colonial and Mediterranean architecture styles. The styles find harmony with natural materials, muted earth tones and simple roof forms. Each city has its own personality, and people generally choose their favorite area by factors related to the ocean, the schools, and the commute to work. The overall area is called the

Palos Verdes

 Peninsula, it is divided into four major territories; Palos Verdes Estates, Rolling Hills Estates, Rolling Hills and

Rancho Palos Verdes.

More information about these communities can be found on their websites: Palos Verdes Estates, Rolling Hills Estates, Rolling Hills and Rancho Palos Verdes 

Some enthusiasts call Palos Verdes “the dragon” as it resembles a curled up sleeping dragon from an overhead view. It is a powerful image and energy area.  Right now* June 2008, there are many Palos Verdes properties for sale under 1 million. The lowest starting price is 850000. Some of the homes have a wonderful view!  In January we had 13.5 ms of inventory and in April we have 6.5 ms of inventory. This means we are in a balanced market. If it goes over 6ms it becomes a buyers market. This is the benchmark that Realtors use to determine the market.

There are quite a few lovely Condo complexes in the area. One is called,”The Terraces” it is is a lush landscaped gated area at the top of the hill. They have 5 large swimming pools and 2 tennis courts and  strolling paths.

The schools are the top reason  people move to Palos Verdes. The second reason is that they were raised there. It’s beautiful and and a true oasis in Los Angeles. It could be the winding white fences, green everywhere, the horses, the ocean views and the fresh air that tops the list of people who move there and stay. My son left an advertising career to own his own restaurant on the top of the hill at Silver Spur Road. Chicken Dijon is a family favorite of eat in or take home dinner or lunch. Many Real Estate agents use the House salad as a “Brokers Open”meal.

This is my “Palos Verdes Specialist “pin. The MLS in the area offers this comprehensive training for Real Estate agents. The days of study include trips to each city office and meeting with city personnel and managers. We travel by van with a teacher training on the tour. Everyone is amazed by the detail of the course.

the news has always been depressing

FOUR bedroom one block above the beach. 22nd street is a famous surf spot. Straight down the street is a beach with lifeguard stand, swings and all kinds of restaurants. Five Star “The bottle Inn” and “Martha’s”indoor and outdoor breakfast and lunch both famous for excellent food.
This ocean view family home has a full front, side and back yards. Thats important when you are sunbathing or relaxing and you can move to each area for its features. The backyard has a covered patio. Hardwood floors throughout with lots of windows and light. King beds in 3 rooms and a twin bedroom set in the 4th room. TV, Internet, Large Living room, Dining room opens out to back yard with French doors, separate laundry room 1 bath with bathtub and separate shower plus additional 1/4 bathroom. For the family that wants a beach vacation this home is full of grace and love for memories to be made and treasured. Contact Robert Rope 310-864-5903 popeassocinc@yahoo.com or go to VBRO  Hermosa Beach in Los Angeles, California Beach house at 22nd street 186965

This July 22-25 the INMAN conference is going to ROCK.

There are lots of people going and the numbers will increase each day. There is a seeming shortage of these round blue buttons. You can go online and only get a square one now. Go to INMAN.com and check out the conference. You can call Katy in the blogging area of the conference and the details will be spelled out of joining and coming to the conference.

How does this affect the community hoping to sell their homes? To ask a blogger just ask how easy is it to stay on top of your game. Getting on top in Real Estate, news, new legal changes, new communication techniques. Reading blogs and INMAN news is the way most of the people I know are doing it. Yes I am twittering and twirl and its still so new I feel like I am trying a hoola hoop for the first time. If you are a Realtor reader…..you will want to check this out. This could be  your year.

If you are a buyer or seller and reading this, hooray. You will know your realtor is continuing in education. It is my privilidge to bring experience back to my clients.