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At PV Brokers Residential Real Estate, we invite you to visit and explore the Palos Verdes Peninsula.  We believe Palos Verdes is one of the hidden gems of the World.  That’s right, the World.  When you experience the dramatic topography in this region, you will instantly recognize its unique beauty.  So, whether you are looking for a home or just out to enjoy the simple pleasures in life, we are confident that you will find the Palos Verdes Peninsula to be a charming and beautiful place.

We are a qualified hard working team bringing many years of local experience, successfully buying and selling homes in all areas of the Palos Verdes Luxury Homes Market. You will benefit from our extensive knowledge of Palos Verdes and Rolling Hills real estate, its neighborhoods, market conditions, and financing. With the experienced team of  full-time  dedicated, professional palos verdes real estate agents, we will keep you up-to-date with the total home inventory of unlisted and listed Palos Verdes Real Estate Listings in all four cities on the Palos Verdes Peninsula.

For Palos Verdes Real Estate, Rancho Palos Verdes Real Estate, Rolling Hills Estates Real Estate, and Riviera Village, and Redondo Beach Real Estate, consult the local South Bay firm of PV Brokers to buy or sell Palos Verdes homes in the cities of Palos Verdes, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates and Riviera Village Redondo Beach. As Palos Verdes Real Estate Agents with over 20 years experience, we can ensure a your real estate experience is one of experience and integrity. So, whether your interests lie in Foreclosures, Short Sales, Probates & MLS, please put us to work for you. PV Brokers will help you to buy or sell property in 90274 90275 90731 90732 90733 90734 90501 90502 90503 90504 90505 90506 90507 90508 90509 90510 90277 90278 CA.

Call us at 310- 684-3156 or email us at bart@pvbrokers.net or cathy@pvbrokers.net to obtain an appointment. We will guide you to the Best Palos Verdes properties that fit your needs. Contact us to purchase or discuss all your Palos Verdes Estates, Rolling Hills Estates, Rancho Palos Verdes, and Rolling Hills property buying and selling plans.

"Palos Verdes Cliffs"

History of Palos Verdes
The Palos Verdes Peninsula rises above the South Bay of Los Angeles County. Unlike the concrete jungle that most associate the Los Angeles Basin, Palos Verdes boasts lush greenery and dramatic topography. “Palos Verdes” is a Spanish phrase that simply means “green stalks” or “green wood”. It features horse trails, ocean cliffs, tidepools, Eucalyptus trees,and nature walks. The Palos Verdes Peninsula consists of four incorporated cities: Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, and Palos Verdes Estates and the unincorporated PVP (Palos Verdes Peninsula).
The Palos Verdes Peninsula began as a part of large ranchos owned by Dominguez and Sepulveda.. A New York investment syndicate led by banker Frank Vanderlip bought the entire Peninsula sight unseen from a failed developer in the early 1910s for only $1.5 million (the price of a single average home today).  As a visionary developer, Vanderlip seized the opportunity to acquire such unique and picturesque real estate.  So, development began in the Malaga Cove area in the 1920s. Vanderlip hired the famous Olmsted Brothers landscape architecture firm (sons of Frederick Law Olmsted, designer of Manhattan’s Central Park), to help design and plan the communities. To this day all of the Palos Verdes towns have very strong architecture and development committees that tightly regulate building. The cities’ collective efforts have been exceptionally effective in preserving open space and avoiding overdevelopment.

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Is it time to buy Palos Verdes Real Estate ?

 

 

With rates at all-time lows and poised to rise, this is an ideal time to consider buying palos verdes real estate. In recent years, buyers have continued to stay on the sidelines attempting to catch the bottom of the real estate market. This is a great strategy if these people can reach into their closet for a crystal ball or obtain Biff’s almanac from the Back to the Future movie. We continue to believe, as optimistic as we are about real estate as a long-term investment, there is no way to be able to find the bottom of any market. The fact remains that timing any market is a fools game.

The reasons for this are two-fold. Firstly, catching the bottom of a market, whether it is stocks, bonds, real estate, etc., has been attempted and failed by many of the World’s greatest financial minds. Timing the bottom is part luck, part skill, and part divine intervention. Market valuations tend to overshoot wildly on both the upside and downside as the primal instincts of fear and greed take over the process. The fear instinct is actually far more powerful, thusly, thrusting markets downward at a faster rate than they rise. This dynamic has certainly been demonstrated in the real estate markets of the past few years.

 

The second element making it difficult to time the bottom is the fact that there are many different factors at work that may be correlated or inversely correlated. For example,usually, when interest rates rise, property values tend to fall. As money becomes more expensive to borrow, property values come down to meet the decreased demand for housing. People can no longer afford to finance at higher levels, therefore, forcing prices down. However, in recent times, we have seen rates fall precipitously, as home prices also fell dramatically, forcing real estate foreclosures. This, historically, doesn’t make much sense and violates some of the simple supply and demand theories. The reason for this disconnect was that we entered into a period of disinflation which drove all prices and demand downward. The experts were mixed on where the economy was headed and many were confused about how the markets were behaving. This caused a flight to non-risky assets like bonds and precious metals. Illiquid assets such as real estate suffered especially in the 2nd home market. In times of economic strife, human nature dictates that we unload the items and investments not considered necessities. In short, noone, including the experts, had a clue where we were headed next. Now, one thing is certain, we will either have inflation, deflation, or little or no growth. How’s that for a prediction ?

The Bottom Line

With today’s historically low rates and home prices in a 30-40 percent correction, it would be prudent to look to real estate as an attractive investment vehicle. If you purchase now and interest rates rise due to inflation, your property value should increase and you will have a locked in rate lower than the market going forward. If we get deflation, your property value may decrease but you will be able to refinance at lower rates in the future. All the while, you are receiving tax benefits from writing off your mortgage interest. In a low or no growth environment, you are being paid to wait. Interest rates and property values should remain flat and you will still be receiving mortgage interest tax benefits. Sounds like a pretty good risk-reward scenario to us.

So whether you want to buy or sell palos verdes real estate, please give us a call will any questions or comments. You can also visit our PV Brokers website at to receive a comprehensive look at Palos Verdes Real Estate and search for properties and homes for sale. Check out our new “mobile search” on our main menu from your iphone or android device.

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Bart Cleveland

PV Brokers Residential Real Estate


 

 

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SAT, ACT and AP Test Results in California

The O.C. Filming Locations in Palos Verdes

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Exploring Palos Verdes Real Estate:


The best way to see Palos Verdes Real Estate is to drive along beautiful Palos Verdes Drive. This is one of the finest drives in the United States and tops the list of things to do. Palos Verdes Drive West and South are the highlights, a seaside “yellow brick road” that traces the cliffs, overlooking the Pacific Ocean and Catalina Island. Palos Verdes Drive(s) (north, west, east, and south) encircle the Peninsula. The “center” of Palos Verdes Real Estate consists of several upscale residential neighborhoods (only a few of which are gated), and while beautiful, are not exactly a tourist destination.

The best place to start a tour of Palos Verdes is on Palos Verdes Drive West travelling southbound from the intersection with Palos Verdes Drive North. Your first stop: Malaga Cove Plaza.

  • Malaga Cove (on Palos Verdes Drive West) is home to a charming shopping plaza and library that feature beautiful Spanish Renaissance architecture. The plaza, library, and original homes were built starting in the late 1920s. Park in the Plaza. The fountain statue of Neptune is a copy of a famous statue in Bologna, Italy. The library is one block uphill behind the plaza’s south side. Resume your trip by turning left (south) on Palos Verdes Drive West. The road takes you through beautiful Mediterranean style homes that cling to steep cliffs.
  • The Neighborhood Church – Make sure while you are in the Malaga Cove area that you stop by and see the stunning Neighborhood Church. It has a fascinating history and the grounds are stunning. It was built by J. J. Haggarty, a wealthy merchant businessman, in 1927 to be his summer home. Built on the bluffs overlooking the Pacific Ocean, the house was built by one of the finest Italian architects. The cost to built his summer home was $750,000. The completed home had the finest marbles, frescos, fireplaces, and gardens. Eventually J. J. Haggarty’s business started to fall apart and the house exchanged hands multiple times. In 1949, it went on the real estate market initially for $250,000. The current church congregation placed a bid for the grounds for $60,000. The bid was accepted and the Neighborhood Church was born. Many of the frescos are still viewable and the actual church sanctuary is stunning with open beamed ceilings still showing the initials of JJH. It’s a lovely place to get married with many picturesque backdrops and is right around the corner from the center of this quaint village.
  • Lunada Bay is the next village (not a formal city) in Palos Verdes Estates. Lunada Bay also boasts a lovely fountain and a tiny, charming commercial district. The next attraction is the famous Point Vicente Lighthouse.

Palos Verdes Real Estate - Point Vicente Lighthouse

Point Vicente Lighthouse

  • Point Vicente Lighthouse (on PV Drive South) is perched on spectacular cliffs that face Catalina Island. The grounds and lighthouse are normally closed to the public. However, the tower and a small museum are open the second Saturday of month between the hours of 10:00 AM and 3:00 PM. Admission is free. For recorded information, call (310) 541-0334. There are well-kept trails near the lighthouse that offer great views. These trails are accessed by turning right (go south) at the intersection of Palos Verdes Drive West and Hawthorne. You will drive through a large tract of recently built $3-$6 million dollar homes. Drive down to the cliffs and park. This area has good public access and parking, which the city provided as part of the plan to develop this area. The trails are wide and easy to walk, offering great views of the lighthouse. You can hike a steep trail down to tidepools from an unmarked spot near the parking lot. The visitor center next to the light house has information about grey whales which migrate off shore on their annual reproductive voyage from the Arctic Circle to Baja California. Next turn right on Palos Verdes Drive South and continue your journey.
  • Terranea Resort on your right opened in June 2009 on the former site of Marineland of the Pacific. The 400-room hotel has an oceanfront spa, challenging 9-hole, par 3 golf and 7 restaurants and lounges. The trails around and through the resort are open to the public and there are even doggie resting stations near several of the restaurants. The site has been used for filming many movies and television shows, including Sea Hunt which launched Lloyd Bridges’ career and popularized diving and environmentalism. One of Terranea’s restaurants is named Nelson’s for the Mike Nelson character Bridges played on Sea Hunt.
  • Abalone Cove on your right is a lovely, remote, uncrowded beach. Trails lead from the beach to Portuguese Bend to the left and Inspiration Point, which is further to the left (south). Parking is $5. Portuguese Bend is named after shore whalers whose station was in this cove in from 1874 to 1877. Abalone cove is named after the Abalone shells, once found along the beach, that were a mainstay of the whalers’ diet.

Palos Verdes Real Estate - Wayfarer's Chapel

Wayfarer’s Chapel

  • Wayfarer’s Chapel [3] (on the left hand side of Palos Verdes Drive South) is the jewel of the tour– a stunningly beautiful little chapel – unique in all of the world. The chapel is virtually all glass, surrounded by beautiful trees, overlooking the Pacific Ocean. The gardens are also impeccable. A lot of people are married here. Located on a knoll overlooking Portuguese Bend, the “glass church” was designed by Lloyd Wright, architect and son of Frank Lloyd Wright. Built as a memorial to philosopher and religious reformer Emanuel Swedenborg, it was designed to serve as a chapel for meditation and prayer for wayfarers. Like his father, Lloyd Wright practiced an organic architecture and he said the inspiration for the church came from his spiritual feelings visiting a Redwood Forest, surrounded by the majesty of the giant trees. The chapel is constructed of redwood, glass and local stone. Note the use of the triangle throughout the chapel. Words or photos can not do the chapel justice. Continue southward on Palos Verdes Drive West.
  • Portuguese Bend has been suffering massive land slippage. You will notice the bumpy road which is repaved every few weeks. The land in this area has moved more than 400 feet seaward, and continues to creep toward the ocean. A building moratorium exists in many areas. Several homes in the worst landslide areas continue to be occupied, with the homeowners leveling their homes by the use of hydraulic jacks. A great blessing from the land movement has been the preservation of more than 1,000 acre as as open space. This area is one of the largest natrual spaces along the Ocean in Southern California and offers fabulous hiking and biking trails with spectacular Ocean Views. The Palos Verdes Land Conservancy [4], a volunteer group of local residents, has worked tirelessly to fund raise and make arrangements to acquire much of this acreage.
  • Ocean Trails/Trump Golf Course is next on your right. Before Donald Trump bought the course, the 18th hole fell into the ocean. “The Donald” reportedly spent $27 million to buy the Ocean Trails property in 2002 and then plowed an additional $61 million into the tricky and complicated engineering work required to re-stabilize the land under the 18th hole. In spite of all this some local geologists still predict a repeat. With his typical and comical grandiosity, the self-promoter declares the course even better than Pebble Beach. Nonetheless, the course is lovely, has hosted an LPGA tournament, has an ocean view from every hole, and offers a great Sunday brunch. It also holds the distinction of being the only US club in the Trump chain that’s open to the public.
  • Hiking and Equestrian Trails – there are many great nature trails around PV. The geology and plants are similar to the Channel Islands.

 

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Palos Verdes Education System:

 

The Palos Verdes Peninsula Unified School District has one of the highest rated API scores in California[12] and has one of the highest average SAT scores[13] and one of the highest percentage of students successfully completing the Advanced Placement exams[14] in the county. There are three high schools, Palos Verdes Peninsula High School (formerly called Rolling Hills High School), Palos Verdes High School (the latter located just a half block from the Pacific Ocean), and Rancho Del Mar High School (located in Rolling Hills). Marymount College, a co-ed Roman Catholic two-year college is located in Rancho Palos Verdes. A private K-12 school, Chadwick School, is also located there. Rolling Hills Preparatory School, a private 6-12 school is also located on the peninsula. Rolling Hills Country Day School, adjacent to the Botanic Garden, offers a private K-8 education.

 

Parks and Recreation:

 

The area is frequented by runners, hikers, horseback riders, bird watchers, surfers, scuba divers, and bicyclists. The area is home to several golf courses and country clubs. In addition, nude sunbathers formerly frequented Sacreds Cove (or “Smugglers Cove”) until the city of Rancho Palos Verdes enacted a 1994 ordinance that ended such use of that beach.

The infamous Palos Verdes surf spots have been in the spotlight many times over issues of “localism“. The most notorious surf spot for localism in Palos Verdes is Lunada Bay, which can hold any winter swell and has been known to rival Sunset Beach, Hawaii on a big day. Localism in Palos Verdes reached a turning point in 2001 when a civil rights lawsuit was filed after a particularly violent confrontation with Hermosa Beach surfers. [1] Surveillance cameras were placed in the surfing area but were later removed.

Palos Verdes Real Estate - Marineland in 1965

Aerial view of Marineland of the Pacific, in 1965, on the Palos Verdes Peninsula.

The Trump National is a Donald Trump venture with a golf course on the Ocean Trails cliffs. The 18th hole of the prior golf course fell victim to a landslide caused by a leak in the sanitary pipes underneath it. Trump has been heavily criticized for poorly managing the property, including dismissing employees en masse, failing to keep it in business, and upsetting locals with unnecessary and/or unapproved construction. In the summer of 2006, the Trump Organization illegally erected a 70 foot flagpole but was allowed to retain it after a City Council vote [3].

The Marineland of the Pacific site near Portuguese Bend is currently home of Terranea, a luxury oceanfront resort.

 

Notable Places in Palos Verdes:

 

 

Shipwrecks off the Palos Verdes Peninsula

 

  • The wreck of the Dominator, a freighter that ran aground in 1961, was for years, a rather bizarre attraction for those willing to hike down the cliffs to the shoreline. Very little is left of the ship today.
  • In 2006, the 45 foot cabin cruiser Lady Hawk sank 2 miles from the Palos Verdes coast due to an engine fire [4].
  • Marineland of the Pacific is the location of the former aquatic theme park on the coast. The area where Marineland once stood subsequently served as an outdoor set for commercials, film productions, and, in 1996, the MTV Beach House. Fox filmed some scenes of its teen drama, The OC, at locations in and around Palos Verdes

 

Some Cultural Palos Verdes Trivia:

 

The novels The Tribes of Palos Verdes by author Joy Nicholson, and The Mark of Conte by Sonia Levitin, describe life from a teenager’s perspective in Palos Verdes.

Disney’s Pirates of the Caribbean films were partly photographed on and off the coast of Palos Verdes Peninsula. A tent city for production was constructed in the Redondo Beach Marina. The Black Pearl and several production vessels were seen on the waters daily as were helicopters filming for overhead shots.

Overhead shots were used for the fictional town of Costa Verde in Heroes, in the episode I Am Become Death

In a recent episode of South Park, the character of Towelie went to a Rehab center in Rancho Palos Verdes that seemed to vaguely resemble the Terranea Resort.

 

 

 

 

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 “At PV Brokers Residential Real Estate are using the power of the World Wide Web to help our Real Estate Clients achieve their goals. We provide maximum exposure for Seller’s homes and a complete resource for Buyers moving to the Palos Verdes area. Please use this site to explore Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills Estates, Rolling Hills, the entire Palos Verdes Peninsula and South Bay Area. Please call us with all of your Real Estate questions.”


This site is a resource for real estate in the Palos Verdes, Los Angeles and South Bay Areas.Please bookmark this page so that you can easily return to it. You will find important information about homes for sale, local schools, transportation and local activities. If you have any questions, call or email Bart and Cathy Cleveland today.