Luxury Buyers have Choices in the South Bay
Luxury Homes in the South Bay area of Southern California are available.
Manhattan Beach City Vitality Tied to Local Businesses
In a July economic forum, Manhattan Beach Finance Director Bruce Moe reported several large properties that provide the bulk of the cities revenues. Raliegh Studios, Apple Computer, Macy’s, Ralphs, REI, and BevMo. The citys ten largest businesses generate 50% of...Manhattan Beach Leads in Luxury Sales
Manhattan Beach lead the strong rebound in California’s luxury housing market in 2013 as sales of homes costing $1 million or more soared 45% to their highest level in six years. ayres-manhattan-beachAccording to La Jolla based DataQuick, 39,175 homes costing $1 million or more were purchased. Manhattan Beach recorded 439 million plus sales, the most in the state in 2013. Even some undeveloped lots sold for $900,000. Malibu had the most expensive sale in 2013, $74.5 million for an 8 bedroom, 14 bath beachfront estate on almost 5 acres. This was also the most expensive sale in the U.S. at the time and a record for Malibu. In some communities, including Santa Monica, all of the sales last year were $1 million or more according to DataQuick.
Manhattan Beach – $1Million Homes are Selling like Hotcakes!
It’s official … Manhattan Beach had the most $1,000,000 + homes sold in 2013 per Gregory Wilcox, Daily Breeze writer. Manhattan Beach recorded 439 million-plus sales — the most in the state in 2013 — edging out Hillsborough in Northern California’s San...Plans to Limit New Offices and Banks in Downtown MB Scrapped.
The Manhattan Beach Planning Commission, scrapped a proposal to limit offices and banks to open on store front properties.
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Under the now defunct proposal, new offices and banks would not be allowed on street fronts on Manhattan Beach Boulevard, Highland Avenue and Manhattan Avenue downtown or on Highland and Rosecrans avenues in the north end, but existing offices and banks would be permitted to remain.
Understanding the concerns, the commissioners directed the staff to undertake developing a master plan by acquiring more public comment, possible at a public forum or workshop.