Selling real estate in the South Bay and San Pedro
Situated on a great street in the Award winning Palos Verdes school system. The single level home has 1895 sq.ft. of living space, the double door entry opens to new hardwood flooring and lush carpeting.
This home is a 3 bedroom 2 bathroom with 1,895 Sq. Ft. on over 5,800 sq. ft. lot on Peninsula Verdes Dr..
Asking $715,000.
Nestled in the prestigious Crestmount area, this traditional home with an regency touch has much to offer. With 3 Bedrooms, 2 Bathrooms and 1,864 Sq.Ft. there is a grand Living room with custom fireplace and rustic hardwood floors open to a huge picture window which takes in the lush landscaped grounds. On Deluna Dr., RPV Call Mark for a private showing.
Asking $998,000
California – Los Angeles Region Real Estate Market Update …
The strong price growth this spring has had an important impact on the housing market. Rising prices lifted many
homeowners out of negative equity, improving confidence, enabling them to sell without a loss, and reducing the risk that
they might roll into foreclosure.
CLICK to Read The Local Market Report Here
Nestled in the prestigious Miraleste area, this traditional home with a regency touch has much to offer. A grand living room and marble fireplace,a huge family room with river rock fireplace which opens to a sitting area and balcony. The down stairs bedroom and bath has a separate entrance and is perfect for an older child or guests. The kitchen opens to a dining area with a balcony you enjoy city views and access to the lush grounds and pool area. The master bedroom is spacious with vaulted ceilings, custom wood work throughout. The master bath has a spa tub,steam shower with tons of character. The remaining bathrooms all have custom upgrades. The downstairs offers a bedroom,bath and wine room with plenty of storage areas. The gated grounds includes a charming gazebo and lushly landscaped 21,000 sq.ft. completely usable lot. A horse stable and private coral make this a real winner.
The Meridian At Cabrillo- Best Unit in Complex – This spectacular, NEWER condominium complex is built around a central courtyard, featuring forty-four luxurious condominiums. Designed exclusively for seniors 55 and above, this intelligent floorplan features 2 Bedroom and 2 bath, gourmet kitchen with granite counters, private laundry in each unit, high ceilings, air-conditioning, dual-paned windows, private balcony and much more. The complex offers a gated subterranean garage with two parking space for 2-bedroom unit, bubbling fountains, a community room with fireplace, kitchen, big screen TV and lots of room to relax. An upscale fitness center to work up a sweat. There is an elevator from the ground floor/garage to all levels of the building. Each unit is one level.
Mid Century Classic located in the secluded section of Miraleste area in Rancho Palos Verdes. The Expansive 22,000 sq. ft. lot is adjacent to Rolling Hills and offers a Rustic Ranch setting. The home has five bedrooms and a home office/Den. One bedroom is located downstairs and four additional bedrooms upstairs including the Master suite with vaulted inlaid wood ceilings and spacious master bath. The kitchen opens to the dining room and step down family room with stunning fireplace and inlaid vaulted ceiling. The exterior grounds offer the ultimate playground with huge flat grass area, incredible trees and plants, spacious deck to take in all the views. YOU WILL NOT FIND A MORE PRIVATE SETTING!
With Obamacare moving full steam ahead, there are a lot of rumors and emails floating around about the “3.8% sales tax” that will be imposed on the sale of a home as of January 1, 2013.
Starts on August 13, 2012
According to Kevin Sparks at the California State Board of Equalization (“BOE”), billing for the $150.00 fire prevention fee will begin on August 13, 2012. Owners of California real property located in a state fire responsibility area / wildland fire zone (“SRA”) that have been assessed a fee of $150.00 per habitable structure should expect to receive a bill from the BOE before the end of this year.
Sparks stated that “Billing will begin on August 13, 2012 and should be completed by December, 2012.” He also stated that billing throughout the state will be conducted alphabetically by county, so property owners in Alameda County’s SRA will be the first to receive their fire prevention fee bills, and Yuba County property owners will be last to receive their bills.
The Governor signed AB 29 of the First Extraordinary Session (“ABX1 29”) into law on July 7, 2011. ABX1 29 imposes a $150.00 annual fire prevention fee per habitable structure for property owners in SRA. SRA lands cover about 31 million acres in 56 counties, and include an estimated 1.1 million to 1.5 million individual parcels, and approximately 800,000 habitable structures. Public Resources Code Section 4210 provides a legislative finding and declaration that the presence of structures within SRA can pose an increased risk of fire ignition and an increased potential for fire damage within the state’s wildlands and watersheds and that the costs of fire prevention activities should be borne by the owners of these structures. The BOE is required to annually assess and collect the fee from property owners on behalf of the California Department of Forestry and Fire Protection (CDF) in accordance with the Fee Collection Procedures Law. CDF is responsible for providing the BOE with a list of property owners who are liable for the fire prevention fee and the amount to be assessed.
For more information from the BOE, please click on this link: http://www.boe.ca.gov/abx129.htm
posted: 7/30/2012 Read Comments (0)
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By: Taylor Hill
SAN PEDRO — Coast Guard officials are working to find a new owner for San Pedro’s Point Fermin Lighthouse. Letters of intent from groups interested in ownership were due July 2, with the final decision expected at the beginning of next year.
The move is part of the federal government’s effort to dispose of lighthouses across the nation that it says are no longer needed as aids to navigation because of technological advancements in vessels’ navigation electronics.
The National Historic Lighthouse Preservation Act of 2000 allowed a clear path for the federal government to relieve itself of costly lighthouse maintenance while also leaving the historic structures in the hands of capable and preservation-minded owners. The bill gives government agencies and nonprofit corporations a chance at being awarded a “free” lighthouse, as long as they maintain the property and act as lighthouse stewards.
Currently, the lighthouse is managed as a museum by the city of Los Angeles’ Department of Recreation and Parks. The department has worked with a team of volunteers on the property to run tours and maintain the lighthouse since its $2.4 million renovation and public opening in 2003.
“Our lighthouse is unique because of the combination of its wonderful history, its stick-style Victorian architecture and its beautiful surrounding gardens,” said Kristin Heather, the Point Fermin historic site curator.
Heather, a city employee, said the department has submitted its letter of intent to own the property and continue running programs at the site as it currently does.
Built in 1874, Point Fermin Lighthouse was the first navigational light on San Pedro Bay. The lighthouse’s stick-style construction was designed by Paul J. Pelz, a draftsman for the U.S. Lighthouse Board, and only three structures of similar construction remain standing.
The lighthouse remained in active use until Dec. 9, 1941, two days after the attacks on Pearl Harbor, and it was turned off during a coastal blackout, prompted by concern that the light might be used as a beacon for Japanese planes in an attack on the West Coast. The lighthouse operated as a lookout tower through the duration of the war, and the light was never turned back on. Point Fermin Lighthouse was placed on the National Register of Historic Places in June 1972.
Since its passage 12 years ago, the National Historic Lighthouse Preservation Act has facilitated the ownership exchange of 84 lighthouses to new stewards.
The process requires three separate agencies to work together: The Coast Guard must identify which lighthouses are no longer required as aids to navigation and pass that information on to the General Services Administration, which must issue a Notice of Availability.
When letters of intent are received from prospective owners, the application process is handled by the National Parks Service, which awards the lighthouse to the organization it deems most deserving.
According to Point Fermin’s Notice of Availability, the site must be used for education, park, recreation, cultural or historic preservation purposes, with commercial activity prohibited unless approved by the Secretary of the Interior.
The 3.5-acre property includes the lighthouse tower and surrounding garden, an office and garage building, a concrete storage structure, an electronics shack, a former guest quarters structure and a non-operational light signal beacon.
Point Fermin Lighthouse is open from 1 to 4 p.m. Tuesday through Sunday, and it is closed Mondays.
