South Bay’s Great Cities To Live In
The Beach Part of the South Bay
Beautiful San Pedro
Redondo Beach, Manhattan Beach, Hermosa Beach, Torrance Beach area, El Segundo, San Pedro:You can find some of the nations greatest homes located in these beach cities, ranging from the affordable to very upscale expensive
Manhattan Village.
Inland South Bay:
Torrance inland part of the city: Hollywood Riviera, West Torrance, Old Torrance, South Torrance, East Torrance, Lawndale, Hawthorne, Palos Verdes, Rolling Hills, Inglewood:
Great South Bay homes, great shopping, lots of movie theatres and other entertainment, great places to eat.
The great thing about living in any part of the South Bay is that you are close to everything you
The Good Life in San Pedro
One of my favorite places to visit and to go to some great restaurants is the little community of San Pedro sitting on the eastern slopes of the Palos Verdes Peninsula. This is a great community with beautiful single family homes, some large estate type properties, condos, town homes and some smaller and older type cottages. Many of these homes are overlooking the harbor and beyond.
The neighborhoods are clean and family oriented with parks and good schools. The downtown area offers a diverse selection of shopping options, dining and entertainment. This is an old and historic town with beautiful cliffs along the ocean, sparse beaches and and wonderful vistas.
Real estate in San Pedro is among some of the best buys taking into consideration the gentle hills and views that overlook the ocean and the harbor. Prices here will range anywhere from around $200,000 and go up to around $2M, depending on type of home, size, age and location.
San Pedro has homes, condos and town homes that are priced cheaper than any other city in area that is located on the Pacific Ocean. The atmosphere in San Pedro is wonderful.
Change is Good! New Location for The RealEstate Group
Come see the new HI-TECH office Thursday, July 26 from 4-7pm. Snacks, drawings SPECIAL GUEST — Miss California 2102 – NATALIE PACK! 23805 HAWTHORNE BL TORRANCE CA 90505 click here …. FLYER FOR THE REALESTATE GROUP OPEN HOUSE I will see you...New Walmart Coming to Torrance-Near-by Homes’ Value Might Increase
For years, many critics argued that when a big box store like Walmart comes to town, it would automatically bring lower home values to those homes near-by. This was referred to as the “Walmart Effect” and over the years it made near-by residents nervous and often prompted those residents to oppose the proposed store. Following is a video of the Torrance area where the new Walmart is being constructed.
A new study, according to Realtor Magazine, reports that just the opposite happens.
The researchers found that homes within a half mile of a new Walmart store saw their home prices increase on an average about $7,000 in the two-and-a-half years after the store opened. Homes located a half mile to one mile away saw a $4,000 increase. These results came after analyzing more than 1 million real estate transactions, near 159 newly opened Walmart stores between 2000 and 2006.
So, residents near to the new incoming Walmart store at Hawthorne Blvd. and Sepulveda, your property values maybe going up. That is good news for sure.
GOTTA’ GARAGE?
Garages are becoming more important to home buyers today than ever before. But many homes don’t have a garage or the garage has been converted to something else like another bedroom. How crucial is a garage for today’s demanding buyers? We’re not talking single car garages, people want additional storage space and a place for the kids toys, etc. Many real estate experts think that having a garage definitely increases the value of a property, if it’s in a mid-level or higher price range and especially in a cold climate. Moreover, if a home doesn’t have one, it may prove a deal breaker, The average two-car garage will return an investment two to two-and-a-half times. It doesn’t mean you have to have one with polished or painted floors and other fancy amenities, but it does have to be clean and roomy. Adding some extra square footage doesn’t cost that much more with this type of construction.
Note: If you are a seller and your garage is in a mess, cluttered and disorganized, clean it up before showing your home to potential buyers. If a buyer has narrowed the choices to a few and your home is the only one with a nice garage that you can’t see or get into, it could end up being the deal breaker.