New Construction & Strand Properties: Looking Back at DIGS’ interview with James Sanders

In May of this year, you probably saw South Bay DIGS’ video interview with James Sanders, co-owner of RE/MAX Estate Properties. If you didn’t, check it out above. We learned about James’ upbringing in the real estate world alongside his mother, brother and sister, and the once-upon-a-time beginnings of our RE/MAX franchise. Now with over 700 agents in 18 offices, the family business has only become stronger with age.

 

James noted recent trends in the Coastal Housing Market in Los Angeles (as of May 2016). One observation he discussed was the surge of new construction and remodeling in the last 3-4 years. This picture comes in stark opposition to the building scene (or complete lack thereof) during the 2008 market crash.

 

“You drive down the street and there’s construction going on, pretty much on every block. And that’s happening up and down the coast”, James comments. We’ve pulled together some data to give you an in-depth digest of new construction sales and pricing in some of the coastal cities. The charts below incorporate data from closed sales of new construction starting from June 1, 2016 through yesterday, August 18, 2016.

 

Manhattan Beach

Type Address City Area Sold Price DOM
SFR/D 4101 Crest DR MANH 142 $2,800,000 39/39
SFR/D 221 Homer ST MANH 142 $4,467,532 43/99
SFR/D 516 4th ST MANH 142 $5,250,000 85/85
SFR/D 441 3rd ST MANH 142 $5,350,000 67/292
SFR/D 756 36th ST MANH 143 $2,945,000 33/161
SFR/D 2008 John ST MANH 143 $3,925,000 116/116
SFR/D 528 15th ST MANH 143 $6,800,000 28/28
SFR/D 1304 Lynngrove DR MANH 146 $2,599,000 130/359
SFR/D 1611 18th ST MANH 146 $2,699,000 48/48

Hermosa Beach

Type Address City Area Sold Price DOM
SFR/D 401 31st ST HMB 148 $3,200,000 13/19
SFR/D 2215 Manhattan AV HMB 148 $4,575,000 0/0
SFR/D 717 24th ST HMB 149 $4,570,000 90/189
SFR/D 1230 1st ST HMB 150 $2,140,000 175/175
SFR/D 1312 Owosso AV HMB 150 $2,390,000 50/96

Redondo Beach *search included area 128

Type Address City Area Sold Price DOM
SFR/D 2022 Robinson ST REDO 151 $1,690,000 0/0
SFR/D 511 N Paulina AV REDO 155 $1,775,000 96/96
SFR/D 327 Avenue F REDO 156 $3,100,000 76/76
CONDO/A 1500 Esplanade #C REDO 157 $3,550,000 224/224
CONDO/A 1500 Esplanade #E REDO 157 $3,725,000 274/274

Venice

Type Address City Area Sold Price DOM
SFR/D 639 Mildred Ave VEN C11 $2,550,000 43/43
SFR 520 BROADWAY ST VEN C11 $2,750,000 182/182
SFR/D 1102 AMOROSO PL VEN C11 $3,035,000 20/20

Santa Monica

Type Address City Area Sold Price DOM
SFR 2642 32ND ST SM C14 $2,800,000 77/77
SFR/D 2606 32ND ST SM C14 $3,795,000 37/37
SFR 219 23RD ST SM C14 $6,320,000 43/43

Additionally, using the same timeframe and cities, we found a generous number of Active new construction properties. In Manhattan Beach, we found a total of 6 properties, with an average price of $3,791,000 and median price of $3,474,500. Hermosa Beach has 5 properties, with an average price of $3,154,000 and median price of $2,599,000. Redondo matches Hermosa at 5 active properties and shows an average price of $2,309,000 and median price of $2,200,000. Going North, Venice boasts a considerable 9 active new constructions, with an average price of $3,076,000. Lastly, Santa Monica has 4 properties with an average price of a whopping $5,423,000.

 

James also highlighted individual properties on The Strand; the epitome of “beach living”. These ocean-front, luxurious properties sit on some of the most coveted land in Southern California. Of course, with such great desirability, comes an equally great price tag. Check out information about sold Strand properties from this year in the table below.

 

Sold Strand Properties in 2016

Type Address City Area Sold Price Yr Built
CONDO/A 1318 The Strand MANH 142 $3,000,000 1963/APP
CONDO/A 1514 The Strand HMB 148 $1,450,000 1977/ASR
SFR/D 3410 The Strand HMB 148 $6,450,000 2006/ASR
SFR 3330 The Strand HMB 148 $8,000,000 1954
RINC 17 7th ST HMB 148 $3,675,000 1952

*Based on information from CRMLS and/or CARETS as of August 10, 2016 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by CRMLS and/or CARETS.  The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

Click Here to see James Sanders’ full interview with South Bay DIGS

SBAOR Election: Vote NOW

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We are quickly nearing the end of SBAOR elections. The deadline to vote is August 23rd, so please don’t put it off! It would be redundant to remind you the importance of your vote in the midst of our current Presidential election, but with our SBAOR candidates, we’re not talking politics, we’re talking leadership.

RE/MAX Estate Properties proudly endorses two extraordinary women who have proven themselves time and time again. Let’s break down why it’s worth giving them your vote

 

Cheryle Ushkow, President Elect

Click to Vote

Experience, experience, experience. As a current Director with the South Bay Association of REALTORS®, Cheryle has been incredibly active in various aspects of the Association’s committees. Since 2012, she has served and continues to serve on the Government Affairs Committee. She is also the current Chair of the Issues Mobilization Political Action Committee (IMPAC). As an avid participant in the Association’s REALTOR® Action Fund (RAF) campaign and coordinator for ongoing fundraisers, Cheryle’s dedication has been pivotal. In her experience with the Association and her vision for he future, she comments:

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In working with the committees within our Association, I know that the South Bay Association of REALTORS® is an innovative and sound resource center for its members. My focus will be to actively work as your President to ensure continued cohesive relationships with our members, the Association and its member services.”

Before real estate, her prior corporate business experience included Human Resources, Ethics, Government Relations, and Executive Relocation Program consultation and management. Cheryle has 16 years of experience in the field and has been an active member of the South Bay Association of REALTORS® since her entrance into real estate.

We’re grateful for Cheryle’s dedication in her current position as a Director of SBAOR, but she needs your help to take our organization to the NEXT LEVEL – vote for Cheryle Ushkow as President Elect!

Cheryle’s Full Bio

Click to Vote

 

Brittny Burford, Board of Directors

Click to Vote

e5e41cd0-85d0-4945-9938-d314a2a4ddebSternly committed to our real estate profession, Brittny’s voice and vision has set a high standard for her fellow South Bay realtors. In only a short period of time, Brittny has claimed some major titles. In 2011 she received Shorewood Realtors Rising Star Award and in 2013 she was deemed South Bay Association of Realtors Rookie of the Year, an incredibly accolade for only being in the industry since 2009!

In addition to her awards, her dedication to the community and the Association is demonstrated by her numerous past and current positions. Brittny is a former Board of Directors member for the Hermosa Beach Chamber of Commerce, a former South Bay Association of Realtors YPN Committee Chair, and additionally, Brittny is currently a SBAOR Grievance committee member.

Becoming Board of Directors only seems like the next logical step in Brittny’s pursuit to serve and improve the real estate community. She comments, “As your Board of Directors, I will welcome & well represent your interests, ideas and opinions within the South Bay Association of Realtors.”

Brittny is an Arizona State University graduate with a Bachelor’s degree in Marketing, a minor in Communications, and a certificate in International Business. She is currently with RE/MAX Estate Properties at their downtown Manhattan Beach office and was previously with Shorewood Realtors.

With your vote for Brittny as Board of Directors, you are promoting a proven and dedicated leader for the benefit of SBAOR.

Brittny’s Full Bio

Click to Vote

 

YOUR VOTE COUNTS!

Again, August 23rd is the deadline for voting. Hurry!

Past elections have been as tight as two votes: don’t leave this up to luck.

Welcoming our New Agents!

Many are drawn to the passion, drive, knowledge and service we dedicate to our local communities. As such, we’ve welcomed a number of professional agents onto our team at RE/MAX Estate Properties recently.

 

In early August, 16 seasoned agents joined our ranks:

 

Yvonne Amarillas,David J. Veerman, Ed MacLaughlin, and Wayne Craig and add experience to the Hermosa and Manhattan Beach offices.

Yvonne Amarillas David J Veerman Ed MacLaughlin Wayne Craig

 

Bob Sievers, Emily Piemonte, Barbi Pappas, and Morrine Robey are the new faces at the Downtown Manhattan Beach office.

Bob Sievers emily piemonte Barbi Pappas Morrine Robey

 

To our Palos Verdes Office we welcomed 8 agents: Laura Scaramella, Jack Fleming, Mike Naylor, Chen Zhou, Tom Nickl, Tony Accardo, Jane Bakerink, and Fred Nayebi.

OLYMPUS DIGITAL CAMERA Jack Fleming Mike Naylor Chen Zhou OLYMPUS DIGITAL CAMERA Tony Accardo Jane Bakerink Fred Nayebi

 

We look forward to watching these agents thrive under RE/MAX Estate Properties.

 

RE/MAX Estate Properties is searching for experienced real estate agents. For a confidential discussion about your future with RE/MAX give James Sanders a call at (310) 378-9494.

Kindness Series: Dedicated to Give Back

Kindness header


RE/MAX Estate Properties’ Kindness Series:

Highlighting those acts of humanity, compassion, and generosity selflessly spurred by individuals in our offices and beyond.


We sell luxury homes, we negotiate grand deals, and we are nothing short of competitive. Our determination is not limited to the real estate world; it flows into to our lively passion to serve our local neighborhoods and give back.

 

RE/MAX Estate Properties is fortunate enough to support numerous philanthropic and community charities and efforts each year.

 

Since 1992, the RE/MAX organization has dutifully fundraised for Children’s Miracle Network Hospitals (CMNH). CMNH works to raise money for children’s hospitals across the United States and Canada. Donations enable research and training, purchase equipment, and pay for uncompensated care, all to save children’s lives. Our agents at RE/MAX Estate Properties donate a percentage of their commission on each real estate transaction to CMNH, benefitting the local Children’s Hospital Los Angeles.

 

We WALK, RUN, SWIM, and play in our communities to raise funds for many other indispensable organizations like Susan G. Komen, whose funds allow for critical research, treatment, screenings, and increased community education about breast cancer.

Kindness body

Working in the beach cities, Palos Verdes, the greater South Bay, and the Westside, we are continually reminded of how fortunate we are to work in beautiful Southern California amongst such thriving communities.

 

We, and our agents individually, humbly seek to give back through a long list of events and fundraisers:

Nautica Malibu Triathlon, Casino Night, Torch Relay, Silent Auctions, Pick PICO, Bowl-A-Thon Fundrasier Supporting the Westside Coalition, Drawings & Raffles, Red Cross Blood Drive, and CMN Comedy & Magic Night, Wounded Warrior Project, Dog Shelters & Adoption, Casa Chan Kaa’n, Youth Mentoring, Various Animal Conservation Organizations, Homeless Shelters, GiveBack Homes, Habitat for Humanity, Richstone, Sandpipers, Love Inc., and more.

 

RE/MAX Estate Properties is searching for experienced real estate agents. For a confidential discussion about your future with RE/MAX give James Sanders a call at (310) 378-9494.

RE/MAX Estate Properties Rolls Out New Property Management Division

RE/MAX Estate Properties Property Management

At RE/MAX Estate Properties, we strive to provide our associates and their clients with high quality, professional real estate services. We are proud to partner with EPLA Property Management Inc. led by Director, Melissa Barlow and her exceptionally educated team of specialists, as a full service real estate company to respectfully handle the property management of your homes, multifamily properties such as duplexes, triplexes, quadruplexes and 5+ unit buildings. Barlow and her team have years of high-level industry experience and local expertise serving many areas within the Los Angeles and Orange counties, including the communities of the South Bay, West Los Angeles, Long Beach and Gardena. You can rest easy knowing you’re in good hands; providing you with world-class service in the property management business. EPLA’s property management team of specialists care for some of the most well-maintained rental properties in the region. They focus on outstanding rental real estate oversight and long-term landlord/tenant relationship building and have been recognized for their exceptional versatility and attention to detail. When unforeseen conflicts develop, Barlow and her team are trained and qualified to resolve issues quickly, effectively and professionally. The EPLA Property Management team strives to meet the needs of their clients and has a proven track record of maintaining strong landlord-tenant relations and resolving a wide range of management issues quickly and efficiently. For more information, you can visit them online at www.EPLAPM.com or call (310) 802-2530.

Services Provided:

Initial Property Assessment & Photos

Advertising

Tenant Screenings

Rent Collections & Increases

Accounting & Reconciliation

Bill Payment

Reporting

Coordination of Maintenance

Coordination of Repairs

Handling of All Calls Regarding Property

Periodic Interior/ Exterior Inspections

Serving of Most Notices

Processing Home Warranty Claims

Assisting in Processing Insurance Claims

Renewal of Leases

Eviction Coordination

 

 

 

 

 

 

What happened in the beach cities market?

RE/MAX Estate Properties Beach Cities Sales Update

Manhattan Beach, Hermosa Beach and Redondo Beach Real Estate.

Have you noticed the difference in sales activity this year?  If you’re unsure, take a look at all residential sales in the beach cities year-to-date. Then compare them to the first 6 months of 2015 to give us a historical perspective.

This summary shows total residential sales, highest sales prices, lowest sales price, the median and the average for the last 6 months (Jan 1, 2016 thru June 30, 2016).  In addition, all sales during this same period have been listed by address and sales price by neighborhood.

Report Notes: All reports presented are based on data supplied by the CRMLS or TheMLS and Trendgraphix. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Information deemed reliable but not guaranteed.

Photography by Brian Holm, AvenueEye.com

‘Miracle Home’ Label on Properties Means Hope for Sick Kids

RE/MAX Estate Properties and Children's Miracle Network

As you search for homes on remax.com, you’ll probably come across a number of them labeled as a “Miracle Home.” You might wonder what that means. Well, when a home is listed as a Miracle Home, it signifies that the listing agent of that property will make a donation to Children’s Miracle Network Hospitals after that property sells!

There’s nothing more moving than seeing a child still manage a smile or giggle through the pain of life-saving treatment or surgery. Millions of sick and injured children are treated every year at the 170 affiliated CMN Hospitals (much of that care is charitable), and these hospitals are committed to helping their patients continue to be kids despite their health challenges. It’s pretty remarkable.

RE/MAX agents who participate in the Miracle Home program believe in the amazing things happening at local CMN Hospitals. They want to help their local hospitals continue to make miracles for kids in their communities. In fact, RE/MAX agents have donated $123 million to CMN Hospitals since RE/MAX became a sponsor in 1992.

And as a homebuyer or seller, you can play a part too. If you’re interested in helping your CMN Hospital through your home sale or purchase, find a local RE/MAX agent who can help you do both. Tell your agent that you want to make a difference for sick and injured kids in your area by making your home a Miracle Home.

If you’re not looking to buy or sell right now, you can still support your local CMN Hospital by making a donation at www.cmnhospitals.org.

Market Intelligence Report June 2016

Just published. The latest market information is Live and ready for your immediate use. RE/MAX has uniquely designed each report segment to give you the facts and trends overview of the most relevant market activities as they unfold in the South Bay, Palos Verdes and Los Angeles real estate markets. Reports are provided in English or Japanese.

NEW FOR MAY, THE LOS ANGELES REPORT
We have added 2 new cities/areas: Hollywood and Brentwood

 

 

 

South Bay Association of Realtors Names Sloan Sanders Rookie of the Year

The Rookie of the Year is someone who is newly licensed and is a full-time active member of the South Bay Association of REALTORS®. They have highly ethical standards and cooperate with other members, have a commitment to community involvement and are active in association activities.

We Are Proud to Congratulate
Sloane Sanders

RE/MAX agent, Sloan Sanders

Sloane Sanders received this recognition from the South Bay Board of Realtors for her exemplary commitment and enthusiasm to the Realtor organization. We applaud Sloane for all of her hard work and professionalism.

A bit about Sloane: As a native Southern Californian, she was born and raised in the South Bay and knows the ins-and-outs of the beach cities and surrounding areas. She earned her degrees in Business Administration and International Relations at USC and, upon graduation, set her Kathleen_Sloan_Brittnysights on a career in real estate. Her positive disposition and understanding her clients’ needs and wants is foremost in her approach to helping her clients accomplish their goals while keeping them coming back and referring their friends and relatives. Both associates and clients speak highly of me, siting my knowledge, communication skills, and professionalism as a stand out in the local real estate community.

I know that selling and buying a home is one of the most important financial decisions a person will make in their lifetime, and going the extra mile to bring absolute satisfaction to my clients is my number ONE goal. From start to finish there is a lot in putting together, keeping together, and closing a deal; making my clients feel comfortable and confident through the ups and downs of each purchase or sale, along with my attention to detail, ensures that they will receive the best possible customer service in all areas of a transaction. In this regard, I take the time to educate and inform each of my clients and keep them up-to-date with any and all details via email, phone calls, or texts.
When all’s said and done, I pride myself on my reputation for integrity, honesty, and professionalism, as well as my care and concern on my clients’ behalf. My dedication to excellence, in collaboration with Re/Max Estate Properties premier reputation as the market dominant real estate company in the South Bay, makes my clients feel safe and secure in their decision making process. Without a doubt, I’m the realtor of choice for those whose personal standards demand nothing less than the best!

Sloane is a licensed member of the South Bay Assoc. of Realtors, California Association of Realtors, and National Association of Realtors.

Kathleen_SloanSloane is partners with Kathleen Cartier. Together they are The Cartier Sanders Team. You can reach Sloane at (310) 874-4106 or Sloane[at]TheCarierSandersTeam.com.