Archives for November 2017

556 Via Media

$2,495,000 – view all photos

 

Lower Malaga Cove is and always has been one of the most exclusive neighborhoods in Palos Verdes Estates. So few homes come on the market. A very special property with a spectacular Queen’s Necklace View. Point Dume to RAT Beach. Beautiful hardwood floors, a recent designer kitchen remodel grabs your attention once you loak away from the panoramic view. If you like to garden, the greenhouse will allow your green thumb to flourish. Or if you are a handy person then the workshop is for you. The second master bedroom or in-law quarters on the lower level has its own private entrance or can be accessed by the elevator. The elevator is located off the main level center hallway giving you access to the lower 2nd master/in-law and garage. You are a short walk to the Palos Verdes Swim Club, the trails down to the tide pools and the fun activities at the historic Malaga Cove School.
About 556 Via Media , Palos Verdes Estates 90274
Directions:Off Via Almar or Paseo Del Mar
General Description
Property Type
Residential
Property Sub Type
Single Family Residence
List Price
$2,495,000
Days On Market
80
Bedrooms
2
Baths – Total
3
Baths – Full
3
Living Area
2,601
Lot SqFt
6,728
Lot Acres
0.1545
$/SqFt
$959.25
Year Built
1952
Facts & Features
List Date
09-01-17
Original Price
$2,495,000
Levels
Two
Garage Spaces
2
Parking Spaces
2
Senior Community
No
Laundry
In Closet
Cooling
None
Heating
Central Furnace
Fireplace
Living Room
Pool
None
View
City Lights, Coastline, Mountain, Ocean, Panoramic, White Water
Interior
Rooms
Converted Bedroom, Kitchen, Living Room, Main Floor Master Bedroom, Office, Separate Family Room, Workshop
Interior Features
Balcony
Exterior
Lot Features
Back Yard, Landscaped, Sprinkler System
Sewer
Public Sewer

Rent Control-No Pros, Only Cons

Another city in Los Angeles County is aiming to put rent control ordinances into effect and I wonder what is going through the minds of people to even consider them.  When an owner cannot rent his property for an amount that the market will bear, he may just be hesitant to improve his property or even simply maintain his property.  Therefore, before you know it, the area will become rundown and not a good place to live.  If the owner decides to sell the property, the price he will be able to get will be less than before rent control.  Rent control is theft, pure and simple.