***HEIGHT SURVEY NOW AVAILABLE. CAN EXTEND 10’6″ FROM SECOND FLOOR RIDGE LINE***
This  Single Family is equipped with 3 bedrooms, 2.5 baths including an upstairs 3rd bedroom with a walk out deck encompassing huge white water ocean views and boasting 1580 sq ft. of living space (BTV).  The master bathroom features handmade glass tile, and includes a double bathroom vanity with modern vessel sinks. There is bamboo flooring throughout the main living area, kitchen, and master bedroom. The Kitchen has granite counter tops and stainless steel appliances. Adjacent to the kitchen is the main living area with a fireplace that incorporates travertine tile all along the exterior. There is a full 2 car garage with 2 parking spots in the driveway to solve all your parking problems. This is a great buy in the sand section with all the amenities and an ocean view!

Situated on a south facing corner location, this attached, rear-unit Townhome offers unblockable white water ocean, pier, and Catalina views. Offering 3 bedrooms, and 3.5 baths, this Mediterranean Townhome boasts 1,900 sq ft of living space featuring  Brazilian cherry hardwood floors. Top floor includes kitchen, living room, family room and outside balcony all opening up together, which is great for entertaining guests.  The large balcony consists of BBQ, stove, refrigerator, and big ocean views. Parking is not an issue at 2702 The Strand as their as 5 car on-site parking. Come enjoy strand living in Manhattan Beach. Please call for a private showing!

Situated on a fabulous South Redondo 40′ x 156′ lot (BTV) lies this 1970′s architectural gem. Custom built for the owner, this one level home features three bedrooms, two baths, 1517 sq ft (BTV) all on one level. The front deck over the garage offers a lot of natural light and great for relaxing. As you make your way into the home, you will notice the custom ceiling height in the main living area to capture great lighting effects. Cedar paneling throughout the main living area offers a truly unique feeling, unlike any on the market. Multiple sliding glass doors encompass the indoor-outdoor living experience. As you make your way through the house, separate sliding glass doors open up to two sunny courtyards, perfect for relaxing. A guest bedroom lies in the back of the house, great for guests or in-laws, equipped with a kitchenette and full bath. The back …

As many of you know, this time of year is includes Daylight savings, St. Patrick’s Day, and the NCAA tournament (March Madness), but this term also is indicative of the way the real estate market has been the last 6 weeks in both Manhattan and Hermosa Beach. The emergence of “Off Market” transactions have been something of a phenomenon. You could argue that the off market deals are the “trendy” way to do business. To back this statement up, there are some compelling statistics. As of today, there are currently 91 active listings in all of Manhattan Beach

(SFR and Townhomes) and 86 in Backup/Pending position. This is a staggering statistic and doesn’t even include any off market deals that have transpired. Inventory is low and weak in quality. Properties which posses some sort of premium ie, location, size, style, view, price, have been gobbled up with multiple offers. Only one …

Designed by local architect Pat Killen, this 3 bedroom, 3.5 bath, 2157 sq ft (BTV) detached Mediterranean Townhouse is set on a wider lot (35×50), allowing for additional width in the floor-plan design, dramatic entry and all three bedrooms on one level. Professionally designed interior decor with remodeled kitchen including Thermador 48″ range, Sub Zero, warming oven, center island with 11′ breakfast counter, built-in cabinets everywhere, plantation shutters. White water ocean views (unobstructed down 35th St) from living room, dining, kitchen, and master bedroom. Maple hardwood flooring, wood beams, two large balconies, plus patio off 3rd bedroom. Each bedroom has private full bath. Dramatic two story waterfall at entry, wine cooler, dumbwaiter, central vacuum, laundry room on first floor with sink. 5 car on site parking! Can be sold furnished!

Own the biggest Townhomes with the most spectacular views in Manhattan Beach. This home has 3,496 square feet of top of the line quality construction on a quiet, South-facing, sunny, corner walk street location. There is an extra large media room with wet bar. Air conditioned throughout. Top floor living area includes gourmet kitchen, custom cabinets, top of the line appliances, large family room and living room both with fireplaces,dining area and outdoor patio all with PANORAMIC OCEAN VIEWS. Large master bedroom with with ocean view balcony, 2 closets and romantic bath. walk street patio with ocean view.

North facing corner location on The Strand (beachfront). An over sized lot with 43 feet of beach frontage. 7 beds, 6.5 baths plus a bonus room/office near the pool and spa situated inside of a private atrium. The upper level hall features a barrel ceiling and floor to ceiling windows bringing in lots of light. On the top floor, the large master suite features two sitting areas, fireplace, balcony, and a spacious loft (perfect for an office, yoga studio, additional closet space). A total of five bedrooms sit on the top floor, two bedroom/bathroom suites are on the lower floor perfect for visiting guests, live-in nanny s, or in-laws. The lower floor also features a second spacious entertainers family room with strand access. The corner location offers additional outdoor space for lounging in the sun, or entertaining on your spacious patio. Breathtaking ocean views from Palos Verdes to Malibu and …

Happy New Year to everyone out there. I hope it was a safe and eventful time. On the real estate front, there was slow activity, as expected during the holiday times. However, as we ascend into Winter, this time tends to produce new listings, new buyers, and a fresh outlook for the real estate market in 2012. Over the past 10 years, the South Bay generally sees an influx of new listings right after the Super Bowl. No one has the right answer as to why this specific time, but it just has worked out that way.
Having said that, currently there are 89 active listings in Manhattan and 54 in Hermosa (SFR, Townhome/Condo). Very low numbers for Manhattan and Hermosa but this is January, and expect there to be more inventory coming back out. A few reasons why Sellers take their property off the market in the Fall/Winter and bring …

Conventional loan is the most popular loan in the South Bay. These loans are underwritten to Fannie/Freddie guidelines and are up to $625,000. A Borrower needs a minimum credit score of 660, a max debt to income ratio (DTI) of 50%, and a down payment of 5% to 417,000 and 10% down to 625,00. Conventional loans currently have the lowest interest rates of any loan.
FHA loan amounts are up to $729,750. These loans offer low interest rates, however mortgage insurance is very expensive (1% upfront costs and an added 1.10% monthly cost for the life of the loan). Need a minimum credit score of 640 and a max DTI of 50-55%. These loans are primarily issued for first time buyers with a low credit score.
Jumbo loan amounts are up to 5,000,000+. This requires at least 20% with a credit score of 700 and above with a max DTI of 45%. …

It’s no surprise around town that the Tree Section is swarming with buyers, from all price ranges, yet the market activity is not showing this trend with sales. Many blame the inventory and how the product is not in correlation with price and quality. However, the pent up demand for Cape Cod is through the roof, and this couldn’t be more true with 800 19th Street. A perfect example of how style of a certain property, along with a competitive price, will yield all those buyers to step up to the plate.
Placing the property on the MLS on a Saturday, having public open houses’ and generating a great response, the listing agent had six offers before the end of the weekend! Being in the know, the property was sold over full price by a local agent, for $1.952 (List Price was $1.899). 800 19th St is on a corner, yet …