Rancho Palos Verdes, CA Real Estate News

By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Today January 15th there are currently 10 homes for sale in Los Verdes. The lowest priced home is asking $799,000 and the highest is listed for $1,850,000. If you are considering buying or selling in this neighborhood contact Rachel & Kathy the Los Verdes Real Estate Experts for upcoming listings in the neighborhood. Rachelmtyndall@gmail.com   www.rtyndall.com www.thepvrealtor.com  
Comments 0
By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
1 year 2 years   Dec 07 Dec 08 % Change Dec 06 Dec 08 % Change Avg. Sq. Ft. Price 582 463 -20.6% 460 463 0.6%   Date 12/06 1/07 2/07 3/07 4/07 5/07 6/07 7/07 8/07 9/07 10/07 11/07 12/07 1/08 2/08 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 For Sale 3 0 1 3 7 3 4 5 10 8 3 4 5 10 11 14 8 10 9 6 6 10 10 8 9 Sold 5 3 1 3 2 4 6 2 5 0 1 3 1 0 2 3 1 3 2 3 3 4 1 2 1 Pended 1 1 4 2 4 4 2 4 0 1 1 1 0 0 5 1 2 2 2 3 5 1 1 2 0 Months of Inventory based on Closed Sales 0.6 0.0 1.0 1.0 3.5 0.8 0.7 2.5 2.0 n/a 3.0 1.3 5.0 n/a 5.5 4.7 8.0 3.3 4.5 2.0 2.0 2.5 10.0 4.0 9.0 Months of Inventory based on Pended Sales 3.0 0.0 0.3 1.5 1.8 0.8 2.0 1.3 n/a 8.0 3.0 4.0 n/a n/a 2.2 14.0 4.0 5.0 4.5 2.0 1.2 10.0 10.0 4.0 n/a Avg. Active Price 1094 0 1485 1161 1189 1411 1429 1413 1315 1301 1213 1123 1189 1...
Comments 0
By Kathy Tyndall, EPRO Realtor
(RE/MAX Estate Properties)
Dear Rancho Palos Verdes City Council, I am writing in regard to the January 21st meeting that will address the appeal of the zoning change for the Valero Gas Station.  Ever since this issue came before the Planning Commission I have made more friends of my neighbors than ever before in my 33 years as a resident of Rancho Palos Verdes. The majority of Los Verdes residents have united in their rejection of the zoning appeal of the Valero station from R4 to CL.  Indeed, we are adamant that changing the zoning will have a deleterious effect on the quality of life for hundreds of us because of the obvious increase in traffic along Granvia Altamira, an artery that is already clogged during school hours since it is a feeder for Montemalaga School, Vista Grande School and Palos Verdes High Sc...
Comments 0
By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Vista Grande Elementary is located in the beautiful area of Los Verde's on Purple Ridge. It received five stars. Here is what parents have to say about the school:   Posted June 22, 2007 Strong academic programs, many extracurricular activities, including a variety of after-school enrichment programs, and active parental involvement make Vista Grande an outstanding school. Academic excellence and good behavior are emphasized. Although the students are mostly high-achieving, the school environment is not competitive. ALL the students are recognized for their accomplishments, big and small. I think the teachers and principal are doing an excellent job of teaching the students. My children look forward to going to school everyday!Submitted by a parent Write your own review Posted June 21,...
Comments 0
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Two couples in Rancho Palos Verdes have sued the City of Rancho Palos Verdes claiming that any attempt to enforce the 20 year old view restoration ordinance is void under the statute of limitations. They claim that anyone filing to force their meighbors to trim or remove their trees to restore their pre-1989 views have now waited too long to attempt to enforce the ordinance. The ordinance provides that homeowners can appeal to have trees removed from neighbors lots to resotre the views that were in existence when their lots were originally subdivided. Therefor, if a property was originally subdivided in 1961, owners could appeal to the city to have the original 1961 views restored. There is also a separate and less complicated "view preservation" portion of the ordinance that simply all...
Comments 0
By Kathy Tyndall, EPRO Realtor
(RE/MAX Estate Properties)
Driving home late this afternoon I suddenly came upon a thick fog bank just as I was rounding the corner to my home on the "cold" side of the Palos Verdes Peninsula.  Having lived in the same neighborhood for 30 years, I have gotten used to the fog wall at random times, but today's incidence was particularly strange.  About every couple of hours the fog would completely dissipate and you could see for miles over the ocean.  My husband had planned to wash his car when the fog rolled in and I found him sitting in the living room a few minutes later because the skies had cleared again.  Everyone knows you shouldn't wash a car when the sun is out because of all the streaks you get.  And, then, minutes later, we were socked in again!  So, he ambled down to the garage to pull out his car and ...
Comments 1
By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
Market View for 90275 Info Avg. Listing Price $1,272,471 Wk ending Dec 31 -$23,622-1.8%w-o-w Median Sales Price $880,000 Oct '08 - Dec '08 -$87,604-9.1%y-o-y 126 Homes For Sale 2   254 Recently Sold     Market Trends for 90275 www.thepvrealtor.com www.rtyndall.com rachelmtyndall@gmail.com  
Comments 0
By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
  Oceanfront is a 79-home single-family subdivision located on the seaward side of Palos Verdes Drive West at the southerly terminus of Hawthorne Boulevard. The 132-acre site is bordered by the Lunada Pointe neighborhood to the north and the City's Point Vicente Interpretive Center to the south. The project was originally approved in 1992. The existing land use entitlements include Final Environmental Impact Report No. 35, Vesting Tentative Tract Map No. 46628, Conditional Use Permit No. 158 and Revision ‘A', Coastal Permit No. 94 and Grading Approval No. 1439. When completed, Oceanfront will include 79 single-family homes on 20,000 to 30,000 square foot lots. A total of 71 acres of the site has been dedicated to the City as open space, including at least 30 acres of coastal sage scrub ...
Comments 0
By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
Seniors picture courtesy of google.com   I just read an interesting article from Senior World talking about how a Hermosa Beach woman was being stolen form by her caregiver and since the woman was blind, suffered from dementia and she had no idea she was being ripped off.  This is really sad and she also like so many seniors in the South Bay have no family that lives near by. But Thanks to the Caregiver's supervisor that reported financial descrepancies to the Police and missing checks the woman's caregiver was apprehended. Here is a quote from the article for the Seniors from "It happens a lot more than people think," said Capt. John Eberhard of the Palos Verdes Estates Police Department. "Some of these people are widows or widowers, and they may not have any family. They get a teleph...
Comments 0
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The South Bay Fun Club is hosting a nature walk at Trump National Golf Course in Rancho Palos Verdes, with a lunch following the hike at the golf course clubhouse. Walkers should meet at the parking lot to the left of the clubhouse at 9:45 am, with the walk to commence at 10:00 am. For more information about this event, phone 310-339-3221 For more information on PV Sports, RecreationAnd  Parks  , visit my website at http://www.maureenmegowan.com  
Comments 2
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Traffic Issues relating to the proposed Marymount College expansion is the main topic to be discussed at the meeting of the Rancho Palos Verdes Traffic Safety Commission Meeting to be held on Monday Jan. 5th at 7 PM at Fred Hesse Community Park at 29301 Hawthorne Blvd. The meeting is not to discuss the merits of the proposed expansion of the College, but is meant to discuss traffic and safety related issues.   The Marymount College expansion will include two dormitories consisting of 128 rooms to house 255 students and residential staff members. For more information about the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com
Comments 0
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
The Portuguese Bend Club is a private beach colony that has existed since the 1940s. Now, there are 94 homes there and their occupants live alongside a landslide that presents a tolerable amount of inconvenience. Portuguese Bend club before landslide Covering 38 acres with a half mile of coastline, this area was once a haven of summer cottages and small homes built on land leased from Palos Verdes Properties. They were the typical 1940s weekend places where people went to have a quiet time at the beach. Back then there was a clubhouse, restaurant, paddle tennis courts, 50 foot swimming pool, a sandy beach, and a485 foot long dockwhere boats could tie up. The restaurant, dock and clubhouse are gone and have been replaced with a volleyball court, playground equipment and, of course, the c...
Comments 0
By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
An expansion of the existing Palos Verdes Arts Center at the corner of Crenshaw Blvd. and Crestridge Road in Rancho Palos Verdes has been announced. The expansion is estimated to cost approx. $2 million  The plans include remodeling the existing patio area, the addition of a glass blowing studio, replacement of the existing carpet in the galleries with hardwood floors as well as the addition of approx. 1,700 sq. ft. of storage space. The Arts Center had hoped to construct a new facility at the upper Point Vicente area where the current Rancho Palos Verdes City Hall is located, but cost estimates for a new facilty ranged up to $16 million  Existing Patio Area of Arts Center The Palos Verdes Arts Center provides wonderful art classes and educational programs for the Palos Verdes School Di...
Comments 0
By Mary Thomas BH,MB,HB, PV, Estates LA+, Mary C. Thomas Your Agent around the Globe
( Remax Estates Properties)
I have been out showing property all day and my client has to miss out on 5 properties that sold before we came back to the office over the last 4 weeks. Every trip out by the time my client finishes the tour, the property he is interested in has sold before he has had time to write an offer. Luckily, there are still several great buys left this week. *Best buy of the week with the most potential for Ocean View Fixers this week and it is still available goes to priced at $929,000.00 just reduced. THis home has over 2396 sq. ft and a pool. Family room and peak a boo Ocean Views from the living areas. It needs to be updated and it is in the Pointe Vicente Elementary School and Ridgecrest Middle School. If this home had another story added to it the ocean views from the 2nd floor would be ...
Comments 0
By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
The Ladera Linda neighborhood is woven into the hillside above Trump National Golf Course with spectacular views of Catalina Island and expansive views of the Pacific Ocean. Located off Palos Verdes Drive South it is minutes away from recreation (think hikes, biking, beaches and more) and work (freeway access is less than 15 minutes away).   I'm fortunate to have several past clients living in the neighborhood so I keep close tabs on what's happening in the neighborhood.  Ladera Linda has a very low turnover rate.  No one wants to leave the views and climate behind!    Below are the Ladera Linda stats for 2008: Currently there are two properties for sale in Ladera Linda priced at $1,150,000 and $1,229,000. One home sold in 2008 for $1,329,000. One listing expired and was not placed back...
Comments 2
By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
The Eastview  neighborhood of Rancho Palos Verdes is in the Los Angles Unified School District, but has the option of attending Palos Verdes Unified Schools. Real Estates statistics for the Eastview neighborhood for the month of November: Active Listings:  14 homes are currently for sale priced from $589,900 to $1,299,000. Pending Sales:  2 homes are in escrow priced at $699,000 and $799,999. November Sales:  2 homes closed escrow in November priced at $650,000 and $840,000.   One of my former listings in the Eastview neighborhood. Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San P...
Comments 0
By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
November was an active real estate month for the Silver Spur neighborhood of Rancho Palos Verdes, CA. If the real estate market is slow, the Silver Spur community does not seem to know it! Here's the update for the Silver Spur area: Active Listings:  11 homes are currently for sale priced from $829,000 to $1,265,000. Pending Sales:  5, yes 5 homes are in escrow priced from $709,000 to $829,500. Sold in Nov.:  4 homes closed escrow priced from $844,900 to $$1,180,000.   The Silver Spur neighborhood offers more homes for sale under $1,000,000 than any other neighborhood on the Palos Verdes Peninsula (with the exception of the Eastview area of RPV, formerly part of San Pedro, along Western Ave.). If there's a move on your 2009 calendar contact Norma Toering & Team for tips for buying or se...
Comments 0
By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Peninsula Center enjoyed a robust month with three homes in escrow and only five properties currently listed for sale. November real estate statistics for the Peninsula Center neighborhood of Rancho Palos Verdes, CA are listed below: Active Listings:  5 homes are currently for sale priced from $988,000 to $1,375,000. Pending Sales: 3 homes are in escrow priced from $934,000 to $1,075,000. November Sales:  0 homes closed escrow during the month of November.   Recent Real Estate Reports for the Peninsula Center area: Peninsula Center Neighborhood Market Report for October 2008 Peninsula Center Neighborhood Real Estate Report Sept. 08 Rancho Palos Verdes Peninsula Center Real Estate Update for Aug. 2008 Rolling Hills Estates Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / O...
Comments 0
By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Real Estate Statistics for the Crest neighborhood of Rancho Palos Verdes for November 2008: Active Listings:  9 homes are for sale priced from $850,000 to $1,399,000. Pending Sales:  1 property is in escrow listed for $1,175,000. November Sales:  3 properties closed escrow priced from $845,000 to $1,255,000.   If you would like to track the real estate activity of the Crest neighborhood the following links are provided: Crest Neighborhood Real Estate Report for Oct. 2008 Rancho Palos Verdes & Rolling Hills Estates Crest Neighborhood Real Estate Report for September 2008 Rancho Palos Verdes Crest Community Real Estate Stats Aug. 2008 Rancho Palos Verdes 90275 Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 South Bay Los Angeles cities I sell r...
Comments 0
By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Here are the real estate statistics for November 2008 for the Los Verdes area of Rancho Palos Verdes: Active Listings:  9 homes are currently for sale priced from $799,000 to $1,850,000. Pending Sales:  1 home is currently in escrow priced at $899,000. November Sales:  1 home closed escrow for $1,049,000.   If you're planning a move in 2009 contact Norma Toering & Team for information and a tour of Palos Verdes homes or a market analysis of your current residence. Norma Toering & Team RE/MAX Palos Verdes Realty(310) 493-8333 / Office Phone: (310) 831-0800 South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and ...
Comments 2