This contemporary villa in Manhattan Beach was designed and built by Steve Lazar for his family’s personal use, though he probably gets a few gawkers passing by.

Jim Klinge
Klinge Realty Group
Broker-Associate, Compass

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- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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SDSU assistant Chris Acker just made us aware on @JonAndJim that over 50 former Aztecs that played for Steve Fisher and Brian Dutcher will be at the Final Four on Saturday. What an incredible bond.
Because few people service a mortgage for all 30 years (they get divorced, refinance, move or die), mortgage rates are compared to the 10-Year Treasury Note.
While Treasury yields have fallen, mortgage rates are stuck in the mid-6% area.
Huge spread vs. 10-year = 304bps.
New post (Inventory Watch - Under $3,000,000) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2023/03/27/inventory-watch-under-3000000/
Stunning house! And you’re up early, Jim. Me too! There’s just too many things to do since I’m in escrow. To be a homeowner again soon, there’s nothing like it…
Ah, home (Manhattan Beach). Miss it.
Jim: Saw that the spaceship on Del Mar Mesa closed at $2,475,000:
http://www.sdlookup.com/MLS-100055854-4931_Del_Mar_Mesa_Rd_San_Diego_CA_92130
An amazing combo of clean lines and attentive love in that house’s design. Wow. Since we’re at the 3D house model phase, please keep these comin’.
Oh, have fun moving in Susie. I agree. Nothing like a place to call your own.
JTR, I know you don’t cover Mission Hills much but here is a new short sale listing in my neighborhood at more than 50% off the 2007 price. It also has the modern clean look and I think it is a great deal at the asking price of 1M.
http://www.sdlookup.com/MLS-100063015-906_W_Lewis_St_San_Diego_CA_92103
Hey Jim,
Why don’t you start covering our South Bay housing market (in LA). We need someone like you here. Our best blog still comes from Dr Housing Bubble.
So, does the patio in the rear count as a “bedroom”?
An amazing architectural execution of clean esthetic and geometric and linear imbalance, which is balanced with a great play of light. Love the bar. Here are a few more pics…
http://freshome.com/2010/10/18/steve-lazars-luxurious-beach-villa-in-california/
I hope it comes with plenty of secure parking….
Manhattan Beach (actually all of those little beach communities in that area) are notorious for their lack of parking.
Tim- You read MB Confidential? Good stuff.
I walked by that house in August when I was in MB. (And yes, count me among the gawkers.) There are a few other absolutely stunning ones as well.
MB Confidential is good, but after Huggy left it became a little boring. A Realtor in the area put up a huge home on two lots for his family and it was on the market in a couple of years. Has continued on the market the last few years with major price reductions. Off market now.
Art, The fact that there is a lack of parking is considered a definite plus for those of us that live here in MB. In places with a lack of public parking, the beaches are very uncrowded, even on those killer, sunny, summer days.
Daniel, What’s your point about the guy that built a place on two lots?
Pamiliza, If you can afford to buy that @ $1M, write the check as fast as you can because that number would be less than the cost to build.
Just stating facts. Is that a problem?
No problemo Daniel. Just doesn’t make any sense to me to throw out one, single example. In my mind, a much more telling stat for Manhattan Beach real estate is that thus far in 2010, there have been 301 sales at an avg of $1.68M. Quite a few transactions for such a small city, eh?
Another great design; no arches, no spanish roof tiles, no tacky decorative details.
I thought I recognized that house. I was just up staying two houses away from that house on ocean blvd on the 4th of july. That house is very nice from the outside and sits a block from the strand. Nice and quiet area too.