Beach Cities luxury home sales report for Manhattan Beach, Redondo Beach and Hermosa Beach. Single family home activity for the month of February 2011 in the $2M and up price range. Homes for sale: 6 Homes are listed for sale over $2M in the beach cities. They range in price from $2,199,000 to $18,899,000. Pending sales: 8 Houses are in escrow over $2M. They range in asking price from $2,099,000 to $4,099,000. February sales: 3 Homes sold in February 2011 in the beach cities over $2M: Address Sale Price Bed/Bath Sq. Feet. Lot Year Built 473 31st, MBch $2,450,000 4/5 4008 2700 2007 742 33rd, MBch $2,275,000 5/6 3973 5040 2007 2726 El Oeste, HBch $2,658,500 5/5 5026 7040 1952 Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 PalosVerdesLifestyle ... 03/04/2011

Manhattan Beach, CA -  (East Manhattan Beach) Some say there is no life East of Sepulveda, however,  those "in the know", know there is more life East of Sepulveda in comparison to the rest of Manhattan Beach. There is more outdoor space, more square footage, wider streets with more parking, more distance from your neighbors, more privacy, bigger back yards, more sidewalks, and larger parks: simply more for your money, if that is what you value.  "East Manhattan" as described in real estate terms is bordered by Sepulveda Blvd to the West, Aviation Blvd. to the East, Artesia Blvd. to the South and Marine Ave. to the North. The area North of Manhattan Beach Blvd is often referred to as Liberty Village, and is home to Manhattan Beach's greatest park, "Polliwog Park". It has its own pond fi... 03/02/2011

Real estate in Manhattan Beach has kicked back into gear with numerous open houses for those looking to purchase in the South Bay or for those just looking to see some homes. Day Hours Address Description Price Sat. 2-4 319 32nd Pl. Lowest Price HomeIn the Sand Section $769,000 Sat. 1-4 27 Lafayette Ct. 2 BD, + Den, Manhattan Village $819,000 Sat. & Sun. 1-4 3521 Pacific 2 BD, 1 BA $819,948 Sat. & Sun. 1-4 3515 Vista Dr. Adorable Beach HomeWalk to Everything $839,000 Sun. 1-4 1633 1st St. 3 BD, 2 BA, Den,1,300 sq. ft. $849,000 Sat. 1-4 16 San Miguel Ct. New listing in Manhattan Village. On Golf Course $849,000 Sun. 2-4 1512 Wendy Way 4 BD, 1.75 BA, NewListing, East Manhattan $895,000 Sat. 12-2 Sun. 1-4 3615 Flournoy 3 BD, 2.5 BA,Short Sale Tree Section $899,000 Sun. 2-4 2516 Alma Ave. 2... 02/24/2011

Manhattan Beach, CA - The Sand Section, located just south of Los Angeles on one of the best beaches in the United States, is one of the most unique niche real estate markets in the Country.  From the Ocean-front Strand properties to the postage stamp sized multimillion dollar lots, from bungalows, to mini estates. A full lot is usually 2700 square feet but there are plenty of half lots at 1350sf as well. This is not your Daddy's back 40, considering that the lots are only 30 feet wide. Every style of Architecture has been built, designed, re-built, or re-invented. Homes are as close as 72 inches from each other and buyers will pay millions of dollars to live in them. Privacy is not likely on your priority list when you live here, but lifestyle--fresh air, ocean vistas, surfing, and wal... 02/22/2011

  So you have had a rough week and need a reminder of what life is all about. Why not catch a sunset on the Manhattan Beach Pier in Manhattan Beach, California! The Manhattan Beach Pier is beautifully located at the end of Manhattan Beach Boulevard in Manhattan Beach, California. The pier is 928-feet long and houses an octagonal Mediterranean style building which is known as the Roundhouse Marine Studies Lab & Aquarium. The Manhattan Beach Pier was built in 1922. It is a very popular place with the locals as well as tourists. Fishing is really popular on the pier as well as taking in a gorgeous sunset! The Manhattan Beach Pier is a haven for artists and photographers because of the beautiful sunsets that do not need any introductions! For more information regarding the Manhattan Beach ... 02/14/2011

    So you have had a rough week and need a reminder of what life is all about. Why not catch a sunset on the Manhattan Beach Pier in Manhattan Beach, California! The Manhattan Beach Pier is beautifully located at the end of Manhattan Beach Boulevard in Manhattan Beach, California. The pier is 928-feet long and houses an octagonal Mediterranean style building which is known as the Roundhouse Marine Studies Lab & Aquarium. The Manhattan Beach Pier was built in 1922. It is a very popular place with the locals as well as tourists. Fishing is really popular on the pier as well as taking in a gorgeous sunset! The Manhattan Beach Pier is a haven for artists and photographers because of the beautiful sunsets that do not need any introductions! For more information regarding the Manhattan Beac... 02/10/2011

With the slow down of the luxury home market over the past 12 months, homes on The Strand, the beachfront strip of land, continue to come on the market offering a tremendous opportunity. Currently there are 6 homes listed on the Manhattan Beach Strand ranging from $6,900,000 for the home 3 bedroom home at 3112 The Strand to $30,000,000 for the sale of neighboring homes and lots located at 2016 and 2020 The Strand offering two fantastic homes or the potential ability to build something incredibly unique in Southern California with beachfront land at such a premium. In addition there are currently 2 multi-unit beach front properties on the market.  Visit our Beach Front Real Estate and Strand Homes website for more information.  In addition there are 6 oceanfront homes listed in Hermosa B... 02/01/2011

Manhattan Beach: Tale of a Sale.. Appraisals..it's not always about price   A lot of buyers are looking for "fixer uppers" in the Beach Cities. Many buyers believe they can purchase these homes at a low price, put a little money and work into them and wind up with a great deal. Sometimes it works out better then expected. However as with all aspects of the real estate market the more you think you know the more you really need to know.Last year I closed escrow on a home in East Manhattan Beach that was marketed and sold for land value. The house was small and had a lot of deferred maintenance. The lot was huge, 14,000 square feet, and sat at the crest of a hill.The home sold within 2 days of being on the MLS. The price accepted by the sellers was close to the list price and the buyers ... 01/23/2011

The market in Manhattan Village, the private gated community in Manhattan Beach CA, has continued to be quite active in the past few months, and early signs in 2011 seem to be showing a continuation of this activity.  Currently there is a very nice mix of floorplans and styles on the market with 4 courthomes, 2 townhomes, and 2 single family homes for sale.  Visit our Manhattan Village real estate site for more information, floorplans, and maps of beautiful community.  Click any property below for more information. Below is a chart of recent Manhattan Village home sales and prices as well as information on the homes currently in escrow. MLS# Status Type   Address  Price  Br/Ba Sqft Type R1005352 In Escrow TWNHS/A 3 LAGUNA CT   $                699,900 2/2.00 1474 REO 10476679 In Escrow ... 01/17/2011

Manhattan Beach is an absolutely ideal place to call home endless housing possibilities.  From oceanfront "Strand" homes to charming cottages in the tree section, Manhattan has the right home for everyone.  Within Manhattan Beach is the community of Manhattan Village.  Manhattan Village is truly a world of it's own and is ideal for those looking for a small community feel with quiet and safe streets.   Manhattan Village is a gated community that is ideally located near shopping, golf, the beach and a shorter commute than most of the South Bay.  The lush landscaping, multiple pools and proximity to the beach provides a safe and tranquil coastal living.   Manhattan Village offers three distinct type homes with varying square footage and layouts in each.  Court Homes- The Court Homes in Ma... 01/12/2011

Toilet Retrofit Certificates are required as of JANUARY 21, 2011. On December 21, 2010, the Manhattan Beach City Council approved the Toilet Retrofit Ordinance No. 2138, requiring that prior to transfer of ownership, dwellings meet specific water conserving standards for toilets. A plumbing permit is not required for this program; however, the owner may elect to obtain a permit and inspection for the retrofit. The provisions of the Ordinance apply to all residential buildings at the time of property sale, unless an exception is requested, and supporting documentation is provided. Toilet Retrofit Certificate includes a list of exceptions. For more information go to the Community Development web page. For facts on toilets check out this flyer from Water Sense. Please contact Carol Jacobso... 01/11/2011

 This is a Post about discovering Cupcakes Couture of Manhattan Beach, CA. Please allow me to tell you the story of how we discovered this great place in a roundabout way. Today I decided to take a day off from Real Estate, so Diane and I drove to the Blue Water Grill in Redondo Beach, CA.  Some of you know about this great Seafood Restaurant. If not please check it out next time you are in the neighborhood.  So a late lunch or early dinner was on order.(See my post about it:  http://endre.activerain.com/post/1706032/the-blue-water-grill-redondo-beach-ca ) We did not eat desert and I mentioned to Diane about stopping somewhere on the way home, maybe the Cheesecake Factory and pick up some desert. So on the way home to Marina Del Rey, CA I decided to drive thru one of my favorite Beach C... 01/09/2011

I have many clients contact me about "foreclosures" in Manhattan Beach and Hermosa Beach and I often have to go into the details of what this means and that foreclosures generally can mean anything from notice of defaults filed, to short sales listed on the MLS, to bank auctions, to actual REOs or bank owned homes.  Each have their own challenges but most of the time they're primarily looking for bank owned homes.  Although short sales have gotten much easier and quicker in most cases, bank owned homes are a much more straightforward transaction as most of the unknowns, as to what the lender will actually do if anything, are not a question.  They have their own set of unique challenges but they are much closer to a traditional sale than short sales.  In the past two years we've seen an ... 01/05/2011

Trends Complete Real Estate Report for Beach Cities Detached Homes by Month 2009 vs. 2010. Median Sold Price, Median For Sale vs. Median Sold and More. Properties from Manhattan Beach to Hermosa Beach and Coastal Redondo Beach (November Update). Prepared by Realty Source, South Bay - Palos Verdes, Kim Jones. For more detailed city specific reports visit www.SoBayRealtySource.com #ManhattanBeach #HermosaBeach #RedondoBeach #BusinessDownload this Report Beach Cities Detached Home Trends                                           Download this Report 12/21/2010

With the holidays upon us the weekend open house are slowly starting to diminish and the weekend of December 11th and 12th probably offer the last big rush of open houses until mid January when the South Bay real estate market generally picks up steam again.  View below for this weeks open house and if you happen to be reading this after this weekend visit our Manhattan Beach open house this weekend website for updated open house days and times.  Visit our Manhattan Beach luxury home list for current listings by price, neighborhood or style. Day Hours Address Descriptions Price Sun. 1-4 1450 Man. Bch. Blvd. #C 2 BD, 2 BA,2 car garage $539,000 Sun. 1-4 1450 Man. Bch. Blvd. #D 2 BD, 2 BA,views $549,000 Sun. 1-4 21 Marin Ct. 2 BD, Plus Den,Remodeled $799,000 Sat. & Sun. 1-4 1501 3rd St. 2 ... 12/10/2010

Despite some opposition from real estate professionals this week, the Manhattan Beach council votes to require that non compliant toilets be replaced with water efficient ones when a home is sold.  Full Article By Ellis Song Manhattan Beach Patch My questions are: Will more south bay cities follow Manhattan Beach's lead on this requirement? Each toilet will cost a minimum of $250. to replace. How do you feel about the government in your bathroom?    Photo: Kim Jones 11/21/2010

Manhattan Beach: Point of sale retrofits are on the way!   On Tuesday, November 16, 2010,  the City of Manhattan Beach will decide whether or not they are going to require point of sale retrofits for toilets.  What this means for residents is that when you sell your home you would have to either prove that you have installed a new low flush toilet ( 1.28 gallons vs current 1.6-3.5 gallons per flush)by showing a signed permit from the city or if you have not installed a new low flush toilet you would need to do so before the property closes escrow. The interesting thing about the proposed ordinance is that the City may not be making a new toilet a requirement if you remodel a home only if you sell... which doesn't make a lot of sense.  If the goal is greater conservation of water then it... 11/11/2010

  The South-Bay Daily On the Front Page: Shoring up the aquarium in Manhattan Beach  Volunteers hope not only to raise enough money to keep the Roundhouse Aquarium afloat and all its classes intact, but also to establish permanent, annual fundraising drives to ensure the learning center will sit at the end of the city's pier for years to come. And the first event to be organized is a fundraiser at 6 p.m. Thursday at Elleni Couture with a silent auction featuring donations from local eateries, designer stores and the Los Angeles Lakers. All proceeds will benefit the aquarium. The small center was opened in 1981 and consists of several displays, including a 3,500-gallon saltwater tank stocked with sharks and eels. Smaller tanks serve as homes for mollusks, sea stars and the official saltw... 11/09/2010

While the South Bay market contines to slow, there's no shortage of open houses to visit.  The weekend of October 20th and 21st is no exception with everything from bank owned townhomes in Manhattan Village to 7 bedroom estates available and open to see.  For other neighboring cities and if you're seeing this post on a different weekend visit our South Bay and Manhattan Beach open house site.   Day Hours Address Description Price Sat. 1-4 1450 Man. Bch. Blvd. #C 2 BD, 2 BA, Views $549,000 Sat. 1-4 1450 Man. Bch. Blvd. #D 2 BD, 2 BA, Views $567,000 Sun. 1-4 1529 Artesia Blvd. #B 3 BD, 2.25 BA,Lowest Price in MB $639,000 Sun. 2-4 3 Laguna Ct. 2 BD, 2 BA,Bank Owned Home $713,900 Sat. 2-4 21 Marin Ct. 2 BD, New listing $799,000 Sat. & Sun. 1-4 1641 21st St. 3 BD, 1 BA, Remodeled $839,000 Sa... 10/21/2010

Interest Rate Update - 10/10/10 Mortgage interest rates continue to provide affordable opportunities for buyers. 30-year fixed conforming loans are at 4.25%. If you are in a position to pay off your home within 15 years, then it is just outstanding with rates available at 3.625%. Adjustable Rate Loans actually have a "2" in front of them!! Once again, the common theme here is "IT'S A GREAT TIME TO BUY" I'm still shooting for buying property in Hawaii!!  With rates like this, who knows? Here's a chart of where average rates are at: Los Angeles Homes For Sale Los Angeles Condos For Sale Los Angeles Townhomes For Sale 10/10/2010