Palos Verdes

Palos Verdes is often used to refer to a group of coastal cities on the Palos Verdes Peninsula in the Los Angeles/South Bay area of California. This affluent bedroom community is known for its dramatic views, good schools,^[1] extensive horse trails,^[2] and high home prices.^[3]

 

 

Aerial view of the Palos Verdes Peninsula. Los Angeles in the distance.

Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, and Rolling Hills Estates are the predominant cities in the area, with a part of San Pedro protruding on the eastern end of the peninsula.

The area is home to several golf courses and country clubs, and the South Coast Botanic Garden. On the coast is the location of the former Marineland of the Pacific, an aquatic theme park wich is currently being turned in to the 5* GOlf Resort and Hotel,Restaurants you can catch more on Terranea here.

There is a lighthouse on Point Vicente, and Point Vicente Park is a popular spot for watching the migration of gray whales to and from their breeding lagoon in Baja California. There is also a lighthouse at Point Fermin in San Pedro.

C

The Peninsula was originally inhabited by Native Americans belonging to the Tongva (sometimes referred to as “Gabrielino̶ tribe, and first described in 1542 by Portuguese explorer Juan Cabrillo. In 1827, Don Jose Dolores Sepulveda procured a parcel of the original, 1784 Rancho San Pedro Spanish land grant from Manuel Dominguez, and named it Rancho de los Palos Verdes (”range of green trees”), which was used primarily as a cattle ranch. By 1882 ownership of the land had passed from the Sepulveda family through various mortgage holders to Jotham Bixby of Rancho Los Cerritos, who leased the land to Japanese farmers. After the turn of the century most of Bixby’s land was sold to a consortium of New York investors who created The Palos Verdes Project and began marketing land on the peninsula for small horse ranches and residential communities.

Palos Verdes Estates was the first city incorporated on the Peninsula and was one of the first master planned communities in Los Angeles County. The other incorporated cities on the Palos Verdes Peninsula include Rancho Palos Verdes, Rolling Hills Estates and Rolling Hills.

The Wayfarers Chapel opened in 1951 and is a well-known landmark overseen by the SwedenborgianPortuguese Bend, one of the most geologically unstable areas in the world. Constant tectonic shifts (approximately 1/3 of an inch a day) and rock slides mean that Palos Verdes Drive South, the main road through the bend, is under constant repair. And for years, the wreck of the Dominator, a freighter that ran aground in 1961, was 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 [1].

The area is a very affluent one, with expensive homes overlooking the Pacific Ocean and the Los Angeles Basin, and with Santa Catalina Island almost always visible just across the channel.

The Palos Verdes Peninsula Unified School District has one of the highest rated API scores in California ^[4] , and has one of the highest average SAT scores ^[5] and one of the highest percentage of students successfully completing the Advanced Placement exams ^[6] in the county. There are two high schools, Palos Verdes Peninsula High School (formerly called Rolling Hills High School) and Palos Verdes High School (the latter located just a half block from the Pacific Ocean). 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 [2], a private 6-12 school is also located on the peninsula.

The Peninsula is served by the Palos Verdes Library District which operates the Peninsula Center, Miraleste, and Malaga Cove Libraries.

The area is frequented by runners, hikers, horseback riders, bird watchers, surfers, scuba divers, and bicyclists. In addition, nude sunbathers formerly frequented Sacreds Cove (or “Smugglers Cove̶ 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. [3] Surveillance cameras were placed in the surfing area but were later removed

These great tidbits were courtesy of Palos Verdes Wiki Pedia.

For Current Real Estate Articles in Palos Verdes see below:

http://activerain.com/blogsview/403208/Palos-Verdes-Home-Owners

http://activerain.com/blogsview/487163/Interst-Rates-up-Dont Save money on interest buy now

http://activerain.com/blogsview/388938/32646-Coast-Site-Rancho Rancho Palos Verdes

http://activerain.com/blogs/palosverdesrealtor4god/tags/homes%20historical Pasadena Victorian

http://activerain.com/blogsview/306368/4134-Pacific-Coast-Hwy Torrance Newer Home

More articles:

Senior Care & Events

http://activerain.com/blogsview/471828/Senior-Long-Term-Care

http://activerain.com/blogsview/472230/Keep-Safe-Coalition-Protecting

http://activerain.com/blogsview/467528/Reverse-Mortgage-is-it

http://activerain.com/blogsview/471828/Senior-Long-Term-Care

Real Estate http://activerain.com/blogsview/503521/Still-Have-an-Adjustable

http://activerain.com/blogsview/503468/Is-this-the-Final (interest Rate cut)

http://activerain.com/blogsview/452990/Los-Angeles-County-Grea FHA

Family Info & events
http://activerain.com/blogsview/500245/-Top-4-Best Brunches in the Pv & South Bay

http://activerain.com/blogsview/142901/Searching-for-Best-Schools

http://activerain.com/blogsview/233943/Internet-Safety-for-Children

About Palos Verdes coastal cities Palos Verdes History palos verdes peninsula realestateforthesoul.com seniorcarepalosverdes seniorhousing palosverdes wikipedia

 

 

 

California -US Businesses BK Filings

According to the latest statistics from the California Association of Realtors, it looks like Bankruptcy is on the rise as business and individuals struggle to stay afloat. It is amazing how many business depend on the real estate industry.

When you stop and think about it, Banks, Home inspection Companies, Lenders, Appraisers,Title Companies, Escrow Companies, Termite Companies,Landscapers, Contractors, Developers, Real Estate Lawyers, and loss from the slow down also affect Painters, Plumbers,Home Insurance Agencies,Home Protection Companies, Roofers, Tile Companies, Construction supply companies,Architiects, engineers and from there goes the cuts in our housekeepers,gardeners, nannies,tutors gym trainers all have to be let go due to the slowdown in the Real Estate Market.

Picture courtesy of Google Store uploads.com Consumer Information from the Car.org.
The number of U.S. businesses and individuals filing for bankruptcy is rising, in part because of tighter lending standards that make it more difficult for small businesses and individuals to stay afloat. In April, 5,173 businesses filed for bankruptcy, a 49 percent increase from a year ago, reports Jupiter eSources LLC. Total bankruptcy filings, which include both businesses and individuals, rose 31 percent to 93,096 from the same period a year ago. Jupiter said it expects total 2008 filings to hit 1.1 million nationally, up from 827,00 in 2007 and 590,000 in 2006.
Last week’s action by the Federal Reserve to cut its key interest rate fell on deaf ears as 30-year mortgage rates hit a seven-week high, according to Freddie Mac. The reason? Fears of inflation. A 30-year fixed rate mortgage averaged 6.06 percent last week, up from 6.03 percent the prior week, the highest level since they reached 6.13 percent in mid-March. Fifteen-year fixed rate mortgages fell slightly to 5.59 percent, down from 5.62 percent. The good news for buyers is that rates are still better than a year ago, when a 30-year fixed mortgage averaged 6.13 percent and a 15-year fixed went for 5.87 percent.

Now on the bright side, the interest rates are at a all time low, the money you can save on a$500,000.00 if the rates go up 1% for a 30 year loan comes to the tune of $250.000.00 in interest paid for a 1% increase so if you are waiting for a housing drop of 10% around $50,000.00 on a home of $500,000.00 and you get caught in the rate increases, you will save $50,000.00 but in the long run it will have cost you $200,000.00 if you count the mortgage interest you will be spending. This is a good example of people being penny wise and pound foolish as my Grandmother use to say. Don’t get caught in the increase, grab these low interest rates now.

 

Homes for sale 90275 90274 Homes for sale 90505 90503 Torrance Homes for sale 91016 Monrovia Real Estate Palos Verdes Real Estate. Pasadena Real Estate REal Estate Market

Best Brunches in Palos Verdes and the South Bay from $5.00-$50.00

Great Brunches for MOM- Beautiful Places to take your mother on Mother’s day!!
If you want to take Mom for a five star Gourmet Brunch then try Chey Melange located in the Palos Verdes Inn on Pacific Coast Hwy near Palos Verdes Blvd.(Bristol Farms)

Wonderful Gourmet selections, don’t miss their mini fresh donuts, great pastry, champagne brunch, fantastic eggs Benedict other gourmet omelette’s and some items straight from England like English Bangers. Reservations required

Chez Mélange
1716 Pacific Coast Hwy.
Redondo Beach, CA 90277
Phone (310)540-1222

http://www.chezmelange.com/?gclid=CLnjsrnflJMCFRRZiAodzQNTxA

Misto Caffe & Bakery

Misto’s off Hawthorne just past Rolling Hills Road is the best kept secret for a lovely brunch. Breakfast is served on the weekends only

Very Quaint , tucked away in the Hillside Village very cozy an private. You can also dine al fresco on their patio.

They serve the best scones, mini muffins and pastry in the South Bay They bring it to you steaming hot with butter. Breakfasts range from Eggs Benedict to fantastic Spinach and veggie omelettes. Very California Cuisine style and Lunches have a great selection also. We think Misto’s has the Best Burger in Palos Verdes and great fries but then my sis loves the meatloaf and mash potatoes. Truly comfort food with fantastic desserts. my weakness, huge pecan cookies and my favorite place for creme brulee, perfectly made creamy and delicious. The Best Creme Brulee in the South Bay. Check out their website. Prices from $8.00 and up for Breakfast. Great Kids Menu.

Neighborhood: Torrance
24558 Hawthorne Blvd
Torrance, CA 90505

(310) 375-3608

http://www.yelp.com/redir?url=http%3A%2F%2Fwww.mistocaffe.com%2F&src_bizid=oDUdaiCxhqLyCnOs-kJc0A

And of course if you are up for very public place to meet new people, Since the tables are very close together, you can have a great time at the Original Pancake House in Redondo Beach

The Best Pancakes in Los Angeles. Don’t miss their spectacular puffy omelette’s. incredible and huge, you will want to share. Try my favorite the Buckwheat pancakes and ham and cheese puffy omelets overflowing with cheddar cheese and ham. $6.00-10.00 Great Kids Menu

Now if you are really looking for the ultimate in Luxurious Brunches with a spectacular Ocean view and any item your palette desires you must try the Brunch at the Pacific Cafe Restaurant at the Trump Golf Course

It’s not often most folk get to say the phrases “bottomless Champagne” or “all-you-can-eat sushi.” But that’s exactly what’s so right about the Trump brunch. The $50 per head tab is steep enough to make this a special occasion; but that’s when you go back to the aforementioned phrases. In addition to trays of spicy tuna and mounds of oysters and shrimp, there are also plenty of pastas, fresh-grilled omelets, turkey and roast beef carvings and various salads. Forget picking one thing for dessert: there’s chocolate torte, pie, cookies, pastries and of course the towering fountain of chocolate just waiting to be dipped with fresh strawberries. As upscale brunches go, some dishes can be hit and miss, but between the mimosas and Trump’s breathtaking perch on the Pacific, you can’t go wrong. — L. Lerner

 

• Trump National Golf Club
• One Ocean Trails Drive
  Palos Verdes, CA 90275

• Cuisine: Californian
• Neighborhood: Rancho Palos Verdes
• Price: $31 to $50

 

One Ocean Trails Drive
Rancho Palos Verdes, CA 90275

Phone: 310-303-3260

Breakfast Served
7:00am - 11:00am (Mon. thru Sat.)

Lunch Served
11:00am - 3:00pm (Mon. thru Sat.)

Dinner Served
5:00pm - 9:00pm (Sun. thru Thurs.)
5:00pm - 10:00pm (Fri. and Sat.)

Sunday Brunch
10:00am & 1:00pm (2 Seatings)

Bar Menu
3:00pm - 5:00pm (Mon. thru Sat.)
4:00pm - 5:00pm (Sun.)

High Tea
11:00am - 3:00pm (Mon. thru Sat.)
Reservations Are Necessary

Featured Homes of the Week:

http://activerain.com/blogsview/388938/32646-Coast-Site-Rancho Rancho Palos Verdes

 

 

http://activerain.com/blogs/palosverdesrealtor4god/tags/homes%20historical Pasadena Victorian

http://activerain.com/blogsview/306368/4134-Pacific-Coast-HwyMore articles:

Senior Care & Events

http://activerain.com/blogsview/471828/Senior-Long-Term-Care

http://activerain.com/blogsview/472230/Keep-Safe-Coalition-Protecting

http://activerain.com/blogsview/467528/Reverse-Mortgage-is-it

Real Estate

http://activerain.com/blogsview/487163/Interst-Rates-up-Dont Save money on interest buy now

http://activerain.com/blogsview/452990/Los-Angeles-County-Grea FHA

Family Info & events:

http://activerain.com/blogsview/142901/Searching-for-Best-Schools

http://activerain.com/blogsview/233943/Internet-Safety-for-Children

http://activerain.com/blogsview/462789/Renting-Versus-Buying-In

http://activerain.com/blogsview/389098/Tax-Savings-on-Moving

Best Brunch Palos Verdes Palos Verdes homes for sale 90275 realestatefor the soul.com South Bay best Brunches for Mothers Day