Redfin Open House in San Pedro’s South Shores
We have a new listing at 2528 Graysby Ave in South Shores in San Pedro that’s hosting an open house this weekend and next. It’s a 3 bedroom, 2 bath, 1,852 square foot home priced at $747,500.
Open House Date & Times
Sunday, July 5th, 1 p.m. – 5 p.m.
Saturday, July 11th, 1 p.m. – 5 p.m.
What The Seller Has To Say
Favorite Restaurants
Neal’s – offers exceptional Italian cuisine prepared by the chef and owner in a cozy bistro setting.
Papa Dakas – is a lively restaurant offering traditional Greek Food and belly dancing. It’s fun for the whole family.
Favorite Places to Go
Point Fermin Park – This lovely 37 acre park provides spectacular views and rugged bluffs afford a breathtaking views of Santa Catalina Island. It’s a perfect site for picnics or a leisurely stroll. There are picnic areas, a playground a light house, and a small amphitheater. Point Fermin Park is one of the few places on the peninsula where Monarch butterflies spend their winters.
The Korean Bell – Resting peacefully on the knoll overlooking the sea gate from which U.S. troops sailed into the Pacific, the bell site affords an unsurpassed view of the Los Angeles harbor, the Catalina Channel and the sea terraces of San Pedro hill. The bell is rung only four times each year: the Fourth of July, August 15 (Korean Independence Day) and New Year’s Eve, and every September to coincide with bell ringing around the country to celebrate Constitution week.
Favorite Room in the House
The family room it’s cozy, warm and always filled with natural sunlight.
Best Features
The wall French doors with beveled glass which lead out to the private backyard. We have enjoyed many days and nights entertaining friends and family on the patio, and playing on the lush green lawn. The nice tropical feel of the backyard also makes it an ideal place for afternoon siestas on our outdoor daybed.
Most Romantic Spot in the Neighborhood
Sagebrush Hiking Trail – it walking distance from our home the trail begins in San Pedro and goes all the way to Palos Verdes. The trail is an invigorating walk with coastal views of the Catalina’s, and green plants, and local wild life (squirrels, bunny rabbits, an occasional lizard). Take the trail till it ends at Trump National Golf Course, then sit and have a picnic on the manicured lawn, or venture down a side path to a quite rocky beach with tide pools. You don’t have to be a fit hiker to enjoy a stop along the trails many lookout points which offer romantic views of the sunset, or sunrise for you early birds.
What They’ll Miss The Most
We love living in the quite coastal community of the South Shores Area of San Pedro. There is so much history in this small area, and it’s in close proximity to so many beautiful parks, and beaches, yet we are just a stones throw away from Long Beach, Downtown LA, Manhattan Beach, Redondo Beach, and Torrance.
DF said:
We can use the Case-Schiller Index (CSI) to get a rough estimate of what the current value of this home should be. Plugging each of the three previous sales prices into the CSI produces estimates ranging from $674k-$624k. The average of the three figures is $651,000.
In other words, it’s a lovely house, but it’s currently priced about $100k above where it should be according to historical averages. And with prices due to dip further in the future as the Alt-A/Option-ARM tsunami hits (as well as unemployment, inflation, and other financial issues), that value will decline for at least the next few years.
July 20, 2009 10:33 PM