by cgilles | Aug 7, 2013 | a-South Bay, Redondo Beach, South Bay Homes
Well as of July 22, 2013, the most expensive home on the market in Zip Codes 90277 and 90278 was located at 503 South Gertruda Avenue, South Redondo Beach, Ca.
This is a beautiful 2 story home with 4509 square feet and is for sale for $1.549 Million. The home was built in 1998 and according to everyone in the area it has amazing ocean views. The home has 5 bedrooms and 5 bathrooms, family room, formal dining room, library and great room with kitchen and a wet bar. There is an attached garage.
by cgilles | Jul 30, 2013 | a-South Bay, Blog, Real Estate, South Bay Homes
According to the Beach Reporter, Southern California home prices have soared almost 29% over the prices reported in June of 2012.In the last 12 months, the median price of a home in the six county region of Southern California increased $85,000 to $385,000 from $300,000 in June of 2012. The price gains went up 20 percent in all counties according to DataQuick. DataQuick president John Walsh was clear in saying that he did not expect the pace to persist long. Low inventories are affecting sales in many Metro areas. The California Association of Realtors is saying that the statewide inventories increased to a 2.9 month supply in June, from a 2.6 months in May. Los Angeles county had the biggest increase followed by San Bernardino County.
by cgilles | Jul 29, 2013 | a-Hermosa Beach, a-South Bay
I guess all good things must end at some point. How many of us have spent the day at the beach in Hermosa on 22nd street? Most of us long time residents have spent many a day (and nights) at 22nd street and Hermosa Avenue soaking up the sun and getting soft drinks and food and whatever we needed at the Green Store on the corner. The Beach Reporter has reported that the Green Store will close its doors for good on August 31st after being there for us for over 30 years. The store’s green facade and hand-painted signage offered groceries, wine and beer and has welcomed Hermosa Beach residents and visitors to the laid-back mom and pop beach lifestyle for more than 3 decades. The store was always filled with children buying candy, soft drinks and groceries. It has served several generations of Hermosa Beach residents. The current owners bought the store 32 years ago. The store has had declining sales and rising costs in recent years and have been loosing money in its operation. Its sad to see it go, but Hermosa Beach is changing as is all of the South Bay, an
by cgilles | Jul 29, 2013 | a-South Bay, Blog, Palos Verdes Estates, Torrance
June new home sales soared across the nation to it’s highest levels in 5 years according to the U.S. Commerce Department. Sales across the country rose almost 8.5% over Mays sales. Overall sales have risen 38% in the last 12 months making the biggest annual gain since January 1992.
Housing sales have been instrumental in the nations economic growth and overall health. While new-home sales make up only a small portion of the market, each home built creates an average of three new jobs and spurs more spending at furniture stores, moving companies, home improvement stores, hardware and of course, helps keep the real estate business successful. To these companies you have to add escrow, title companies, appraisal companies, mortgage finance companies, landscapers and architect companies, and all the construction trade companies involved.
by cgilles | Jul 24, 2013 | a-South Bay, Blog, Torrance
The New Centennial Plaza in Old Torrance is Already Showing Age
Now this is a real shame. The Torrance Centennial Plaza which was intended as the city’s most enduring legacy of its milestone 2012 celebration is already showing wear and tear after just 10 months. This is a $180,000 El Prado Park centerpiece that includes a time capsule set for opening 99 years from now.
This cost was offset by the sale of hundreds of $150 bricks etched with personalized messages. But the lettering on some is already partly obscured, and the sand separating bricks is fast eroding along with birds are leaving their own unsightly legacy behind on the plaza.
Obviously the minimum maintenance on the Plaza (which is a two man crew mowing the grass) is not enough. To me it just another example of how our standards are slipping. Wouldn’t the men mowing the lawn notice how the plaza is quickly deteriorating and report it? No they just mow and close their eyes to everything else with no apparent caring or pride in our city. Anyway because it has been neglected it will now cost more money to repair.
by cgilles | Jun 23, 2013 | a-South Bay, Blog
So what does one do on Beautiful summer Saturday. Some go to the beach, some to the mall others unfortunately do house work and shopping but yesterday thousands of people congregated in an air- conditioned building to marvel at the key piece of the most expansive public works project in the history of Los Angeles.
Yes it was the new 1.9 billion facility Tom Bradley International Terminal at Los Angeles International Airport. The project is not completed yet, in fact it will not be until August or September. This did not matter to the thousands that took a sneak peek at the terminal. Not only locals view the facilities, but many came from afar just for curiosity sake.
