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Over the past five years, I have been committed to writing a South Bay real estate blog post each and every week. I have made the blog a top priority, posting during the holiday season and even during the busiest times here at Manhattan Pacific Realty. My wife even had to deal with me posting a blog the week of our wedding and during our honeymoon (for the most part, the blogs were written beforehand, thankfully). The one time the blog was thrown out the window was with the birth of our first son, March. Well, this week, my wife Nicole and I welcomed our second baby boy, Reece Haynes, into the world. Our hearts are
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If I told you a South Bay home sold for record AFTER a price cut of $30,000,000 would you believe me? Well, believe it! Record Sale After five and a half years on the market, 1 Buggy Whip Drive in Rolling Hills finally sold at auction for $22,400,000. That is only $250,000 from the highest South Bay home sale ever, which was sold earlier this year at 417 Paseo de la Playa in Hollywood Riviera. Many photos of this home have been taken off the MLS, so below is a listing description of this nine-bedroom, 25-bathroom, 51,000 sq. ft. estate property for reference: Hacienda de la Paz, a millennium of art, architecture and engineering under one
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If you read the title and thought, “Well, if the sale was not in Manhattan Beach then it must be the $40,000,000  home on Buggy Whip Drive in Rolling Hills.” That is a good guess but nope, not even close! Hermosa Beach? Nope. Redondo Beach? Getting warmer… The answer is Torrance. The Record Sale Last month, 417 Paseo de la Playa, Redondo Beach 90277 sold for a record $22,650,000. But wait, I thought you said Torrance, Richard? It is in Torrance! The property sits in an area little written about in my blog, but very much a South Bay location, known as Hollywood Riviera. This sub-market (area 128 on the MLS) is within the city of
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As real estate in the South Bay quiets down for the holidays, I wanted to share some helpful tips to prepare you for the new year and spring selling season. There is a ton of specific, local information on every South Bay city that all buyers and sellers in the area should be aware of. In case you didn’t notice, we have updated sections of our website that include detailed neighborhood write-ups starting with Manhattan Beach, Hermosa Beach, and Redondo Beach. Palos Verdes will be up soon.  My hope is you learn something new or can refer to this when you are looking to buy or sell in a specific area. Rolling Hills If you are
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This week I wanted to touch on some great recent property offerings in the South Bay. These beach city properties offer great value today relative to the market and have very strong prospects for the future. 421 Via La Soledad in Redondo Beach This is one of the most compelling home buys of 2017. A probate sale that has not been touched for a very long time, however, the existing bones are terrific. And the views are amazing! I love this property because it is a 4-bedroom home below $1.3 million with $3 million views of the South Bay. This opportunity is perfect for a first-time home buyer or move-up buyer. Purchase the property now, refresh
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