Palos Verdes, Redondo Beach and Torrance real estate and homes for sale in California - Pat and Ron Murray, REALTORS® Pat and Ron Murray REALTORS(r) for Palos Verdes, Redondo Beach and Torrance, California real estate - NUMBER1EXPERTS™ Pat and Ron Murray NUMBER1EXPERTS(tm) for Palos Verdes, Redondo Beach and Torrance, California real estate
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Pat and Ron Murray, REALTORŪ, real estate agents and broker for Palos Verdes, Redondo Beach and Torrance California home listings, property and land for sale - NUMBER1EXPERT(tm)
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Local Info: Palos Verdes, Redondo Beach and Torrance California home buying, real estate listings, and homes for sale in Los Angeles County, CA
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In the South Bay area of Los Angeles, an address on "The Hill" is a home on the Palos Verdes Peninsula-a terraced prow of land at the southwestern tip of Los Angeles County that is rural by Southland standards, and affluent by any standard.

Palos Verdes is the Spanish name for the Indian term "green tree." Keeping true to its name, the early planners of the Peninsula showed great vision in establishing ground rules for development that have protected Palos Verdes from the massive overdevelopment that marks much of the Los Angeles basin. The Palos Verdes Peninsula is a 27+ square-mile area with strict zoning codes that allow no billboards, no industry and no unwanted construction to crowd its open spaces, pollute its air, or detract from its panoramic views. The phenomenal popularity of the Palos Verdes Hills as a place for relaxed living is classical community style has brought it worldwide prominence. About 72,000 persons live here today.

The 27.3 square miles (about 16,700 acres) of Palos Verdes Peninsula contain some of the most spectacular topography to be found anywhere in the world. Its beauty extends breath-taking panorama of the Pacific Ocean on one side to its colorful mountain ranges on the other, and includes a fascinating geology abounding in prehistoric fossil remains.


Local History

While first described in 1542 by Spanish Explorer Juan Cabrillo, Palos Verdes Peninsula remained undisturbed and the exclusive domain of the Gabrielino Indians, for almost three centuries. In 1827, Don Dolores Sepulveda received an original land grant to Rancho de los Palos Verdes, which translates to "ranch of the green trees."

For the next 35 years, the 75,000 acres awarded by the Governor of Mexico California to Don Sepulveda supported several thousand heads of cattle and a flourishing hacienda. However, through misfortune and mishaps from 1862 to 1882, stewardship of much of this land passed from the Sepulveda family through various mortgage holders to Jotham Bixby of Rancho Los Cerritos.

When land values distated that his Peninsula property could no longer be used for only cattle grazing, Bixby leased the land to Japanese farmers for cultivating grains and vegetables. By 1913, a consortium of New York investors owned most of the Bixby land.

Initially, these investors intended to divide the land into large estates. The founding father of the Peninsula, Frank Vanderlip, was one of these investors. Over the next decade, interest in the Peninsula would wane until Vanderlip allied himself with real estate promoter E. G. Lewis. The First Homes began to appear in 1924. During the next fifty years the communities of Palos Verdes would begin to take shape.


Palos Verdes Estates
Situated on the western side of the Peninsula with the Pacific Ocean at its doorstep, Palos Verdes Estates, incorporated in 1939, is the oldest residential community. With 849 acres dedicated as permanent parkland, it justifiably enjoys a reputation as a garden suburb. The Palos Verdes Homes Association is responsible for interpreting and enforcing the standards that apply to over 5,000 buildings sites. Only 200 of these sites remain undeveloped. The quaint and elegant architecture of Malaga Cove Plaza has been used by many a producer for a scenic setting.

Rancho Palos Verdes
Rancho Palos Verdes, on the Peninsula's southwest side, was incorporated in 1973 and is the newest and largest municipality. Close to 41,000 residents live in single family and multiple family dwellings in a little more than 13.6 square miles. The 7.5 square miles of coastline feature striking topography-quiet coves and beaches, protected by steep cliffs.

Rolling Hills
Rolling Hills is the oldest city and the smallest-roughly 2,000 residents. This exclusive community is located inland, just west of Palos Verdes Drive North and access is controlled by security guards at three entrance gates. Many experts believe that Rolling Hills has the high income in the state-and the neighborhood reflects this stature.

Rolling Hills Estates
Rolling Hills Estates is the larger, less affluent sister of Rolling Hills. It is located east of Palos Verdes Drive North and actually shares borders with all three cities. Both Rolling Hills and Rolling Hills Estates are "horse country" and between them boast about 57 miles of horse trails-most of them. Approximately 9,500 people call Rolling Hills Estates home-as do the South Coast Botanic Garden and the privately owned Rolling Hills Country Club. This city boasts a mile-long shopping complex, the Peninsula Center area. Condominiums nearby Peninsula Center provide more housing in this Peninsula city.

Academy Hill and Westfield
Academy Hill and Westfield-two unincorporated "islands"-are located off Palos Verdes Drive North on the northern side of the Peninsula. Westfield, the more populated of the two, has closed to 300 homes in a rural environment, which is protected for equestrian interests. Academy Hill has few that 200 homes and is only about 21 years old.

Request our Free Palos Verdes, Redondo Beach and Torrance Relocation Package. It's packed full of useful and important information about the Palos Verdes, Redondo Beach and Torrance, California area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... 

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Real Estate Tips
Accepting An Offer >Responding to Low Offers

The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.

Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.

The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.

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Real Estate Trivia
Q 
Nearly every state has a mandate for seller disclosure. What must a seller disclose?

A 
The seller must disclose any existing problems, defects or conditions that could affect the value of the house.
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Pat and Ron Murray, REALTORŪ, real estate agents and broker for Palos Verdes, Redondo Beach and Torrance California home listings, property and land for sale - NUMBER1EXPERT(tm)

Pat and Ron Murray
RE/MAX Palos Verdes

Palos Verdes Estates, CA. 90274
Phone: 310-378-2240
Fax: 310-373-3427
Email: Ron@PVsold.com

Pat and Ron Murray are your NUMBER1EXPERTS for the Palos Verdes Peninsula and South Bay real estate. With over 12 years of experience they have a proven track record and consistently exceed their clients' expectations. They work as a team with a buyer specialist and licensed assistants. This allows them to spend more time with you, the client! The latest technological tools assist them in preparing professional and quick and accurate information for you.

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