Wednesday, April 2, 2008

MB Market Update for 3/31/08, Sand

This is the second story of 3 detailing market activity west of Sepulveda in the second half of March. Click to download the complete 3/31/08 spreadsheets (slightly revised), or, any time, use the link in the upper-right corner of the front page.

There were 32 active SFRs in the Sand Section as of March 31.

As we noted in two stories in the last few days, there's higher inventory in MB west of Sepulveda these days, in part because of a burst of new listings. You could almost say that the engine driving that new listing activity is the Sand Section.

There were 9 new listings in the Sand Section in this 2-week period. Of these, one (456 27th) canceled quickly and another (2312 Grandview) sold quickly. We can't say a lot about every one of the others, but there is a clear headliner:

Errol Flynn's former residence (circa 1934) at 3421 Manhattan Ave. has been massively renovated. Indeed, it carries a 2002 construction date.

Though the exterior boasts an aggressive art deco style, we don't know that it much resembles the home Mr. Flynn was in. We're hoping to cover the history in more detail in a separate story.

The Flynn home has 4br/4ba and 4200 sq. ft. on a 2700 sq. ft. lot. (The western part of the building appears to go right up to the edge of the property line; no setback.) It starts at $6.499m.

Also up at the high end – but down at the South End – 132 2nd (2nd/Manhattan Ave.) is seeking $6m for a similarly sized home (4br/6ba, 4300 sq. ft.) that is just super, and yet in a more conventional way.

Rounding out new offerings in the $3m+ range are 400 3rd (pictured), a lovely shingled beach home in a quiet part of the South End – also Mrs. MBC's favorite of the month, hands-down, starting at $3.499m; 425 26th, a stylish new "Asian contemporary" home starting at $3.75m (no pics in the listing yet); and 341 10th, a walkstreet home very near downtown that's stylish (nice woodwork) but also a bit broken up – only 2400 of the 3150 sq. ft. are in the main house; the rest is part of a less-improved, attached rental unit – the whole package starts at $3.3m.

There's a new listing near one of MBC's "Great Streets" – 309 18th, which starts at $2.399m, and is just across Highland from one of our favorite blocks in town. It's one updated main house (built 1964) and a second 1br rental.

225 Homer is a sleek contemporary (circa 1992) with big-time ocean views. It offers 3br/4ba and 2300 sq. ft. for $2.3m. Recall that nearby 207 Homer (3br/3ba, 1800 sq. ft. and kind of musty) went quickly last month at $1.779m.

There were 3 sales (new escrows) in this period that stuck:

  • 3200 Alma (pictured), a classic, older and smallish (3br/2ba, 1500 sq. ft.) Spanish home that lasted 9 days at $1.899m, somewhat to MBC's amazement. We liked it, but couldn't quite fathom the price (see our story, rooted to a pricing poll, which was pulled when the property sold so quickly) – frankly, we prefer larger 445 30th at $1.999m;
  • 228 31st seemed to be trolling for lot value on a walkstreet west of Highland, and found a buyer after dropping from $2.599m in early January to $2.199m recently; and
  • 2312 Grandview, another very quick sale – this one, tucked away in the gaslight area, sought $1.5m even for a a 5br/3ba, 2000 sq. ft. house, though the listing pitched the lot value only.
Meanwhile, a pending sale posted at 329 10th Pl., but canceled – until we've got the details straight, we reclassified that listing as active.

Just a few listings took cuts, most prominently 228 29th Place, a "wow" contemporary on which the price cuts also now merit a "wow" – $3.049m last year, now down to $2.499m (-$550k/-18%).

Finally, there were 2 closed sales in this period:
  • 523 Marine, held just about 18 months by the seller, sold for $1.340m, just $30k higher than the Sept. 2006 purchase price (see "Great Escape"); and
  • 200 19th (pictured), a glorious new home on an ocean-view walkstreet west of Highland, got $5.6m, shaving off just a sliver (-$249k/-4%) from the start price in a sale that happened in barely more than a month on the market.

70 comments:

Anonymous said...

3421 Manhattan Ave was featured in the very first issue of Luxury Life & Style (vol 1, no 1) back in '06. Says current owner spent 3 yrs returning the structure to its original state, including the removal of prior renovations from previous owners.

MBWatcher said...

Thanks 11:34 – I hadn't yet gotten far in the research on this. I know it was dusty and only near-completion at some point in the last few years.

beachboy said...

A new home just came on the MLS on John St. Check Yahoo. It's OK. Looks slightly better done than 512 John, that steel contemp a few months back.

No ocean views on this John house, though.

Anonymous said...

beachboy,

Lots of new listings are coming on the MLS...

MBW, do you think advertising posts should be deleted?

Anonymous said...

The Grandview sale had multiple offers and sold for over $100k above list.

Anonymous said...

MBWatcher,
Can you please provide the total number of homes that went into escrow in March of 2007 & 2008?

Can anyone else provide the total number of homes that went into escrow in March 07 & 08 for the entire MB area?

I like the division between Sand, Hill and Trees but a total summary for the entire area would be beneficial.
Thanks.

Anonymous said...

Not possible to get historical pending data, to my knowledge. The MLS only accommodates research of closed sales and today's current pending.

Also, big difference between pending sales reported on the MLS and actual pending sales as many pending sales do not make it onto the MLS (I can cite several examples currently in the Tree section).

MBWatcher said...

re: beachboy's post, which I didn't find to be advertising, really, that's not delete-worthy. In fact I'd welcome more overt posts about coming listings or praises of current listings. That's part of a full discussion, altho admittedly they often get shouted down.

re: historical pending sales, as someone else said, the MLS does not (apparently) record in that way. MBC's monthly pending data starts in April 2007, when we recorded 23 new escrows that stuck.

Anonymous said...

Does anyone know how I can subscribe to Luxury Life & Style, the magazine that Anon 11:34 mentions? I've seen it around town and at a neighbors house. Great looking magazine.

Anonymous said...

9:40

Here is the contact page. Don't know the cost of a subscription.

http://www.moontidemedia.com/contact.php

Anonymous said...

LL&F is not a standard editorial magazine per se. It is a "custom publication", or basically a pay for play advertising vehicle. You advertise, they supposedly deliver your target audience and may also do an "article" about your business.

They started sending their publication to me after (I found out later) I purchased a German sports car through (not from) a local dealer. To me, it's nothing more than pretty junk mail.

Anonymous said...

Anon 9:10

Please share your information on the tree section pending home sales which did not hit MLS. Please list asking price as well.

luxurylife&style said...

A local agent friend let me know about this blog today and that Luxury Life & Style magazine had been named. Nice looking site you have here.

I'm the publisher of Luxury Life & Style magazine.

With due respect to the poster above at 10:01am, he/she is misinformed. We have never and will never sell editorial in our magazine. Sometimes I wish we did, it would certainly make our business much cheaper to operate.

And, we don't mail our magazine based on car purchasing data. Not sure where that notion came from.

10:01 am, get in touch and we'll be happy to remove your name from the mailing list.

Regards.

Anonymous said...

10:45am,

I don't receive your publication, but after reading your website and the online version, it does appear to be classic custom publication. Most adverzines of that type walk a fine line between serious editorial content and fluff pieces merely filling up the pages between ads that often get mentioned in the pieces themselves. Either way, I agree it's a very beautiful layout with some high quality photography that probably isn't very cheap to produce.

agent99 said...

Sorry to re-post but it was late and I was hopeful for some more feedback-

Do lenders have any confidence that rates are coming down substantially in the next few weeks/months?
...and would that lead to buyers pulling the trigger, hence more sales?
...Or are we stuck, loans being given out only stubbornly to buyers with massive down payments and perfect credit scores. If at all.

What kills is stagnation. MBC #'s would suggest we are stagnate or headed that way fast unfortunately.

On a lighter note:
Toys on a walk street usually don't obstruct the views :-)

Anonymous said...

Dear MB Watcher, as a supporter of MBC, I believe that these comments posted by people who are pretending to be "curious" about this magazine (I will not repeat the name) are attempting to get some free viral advertising. It feels so transparent and ridiculous. I'm familiar with the magazine and it's chocked full of ads for private jets and yachts and contains virtually no editorial aspect to it. I'd like to suggest that you remove these posts. If they want to advertise on MBC, let them pay.

MBWatcher said...

I'm hoping the mag will give us free access to the Errol Flynn article, in whi case the free advertising could be worth it.

There is some critique of the mag here too and I'd rather not cut every reference.

Wow, that's twice today I'm saying go ahead and use the comments for advertising. The next battle, I suppose.

Anonymous said...

From 11:25am - "Dear MB Watcher, as a supporter of MBC, I believe that these comments posted by people who are pretending to be "curious" about this magazine (I will not repeat the name) are attempting to get some free viral advertising. It feels so transparent and ridiculous. I'm familiar with the magazine and it's chocked full of ads for private jets and yachts and contains virtually no editorial aspect to it. I'd like to suggest that you remove these posts. If they want to advertise on MBC, let them pay."

I bet you are the same idiot that thinks all positive posts about a house are written by a real estate agent.

Look how the subject of this magazine came up. It was referenced because of the home that "in like Flynn" owned.

Anonymous said...

And then, magically, the publisher of that esteemed publication appears: "Nice site, you have here." Yeah...it was.

Anonymous said...

Re: 11:58

Looks like the realtor representing the Errol Flynn house has weighed in and he's resorted to name calling.

luxurylife&style said...

Why am I even responding to this? Glutton for punishment I guess - particularly because I appear to be the only non anonymous person on here (convenient for the rest of you). Here's a last post from me, ever: I'd never even heard of this site until someone called me this morning and told me about it and that my magazine was being talked about. Free advertising? To who? That's a good one. Cheers.

Anonymous said...

MBC commenters, be advised. MBW is now deleting any comments critical of his cult following. Unless you share their one world view - all realtors are scum, MB RE is crashing before our eyes, all homesellers are greedy flippers/developers, all homeowners who bought in the last 10 years are idiots - don't bother posting here.

Censorship to protect the tender psyches of your cult following. Gotta love it, MBC.

MBWatcher said...

That's a blatant overreaction, 1:54.

It's true I'll delete more stuff now. That's a pretty clear request of readers who don't like the degeneration of the comments section into pointless name-calling.

And what I deleted (presumably your comment) was a pointless diss of the readership here (or some subset thereof) – couldn't afford a free magazine, or something. Silly. Debate the issues.

FWIW I will generally allow criticism of me or MBC, and you know I allow & encourage all perspectives here, your crocodile tears notwithstanding.

Anonymous said...

MBW - I have noticed quite a few new listings comming on the market owned by many of the local agents. Is that a sign of over extending themselves as the market cools down and trying to get out of their huge mortgages. It would be intresting if you would note many of the homes now on the market owned by many of the local real estate agents.

Anonymous said...

I think the bitter realtors outnumber the bitter renters these days.

Anonymous said...

You are right, 2:50pm. That would be "intresting".

Anonymous said...

A lot of realtor's own property which they bought to flip.....I think the plan was to own for a year or two and sell it for 20% apreciation per year.

Works good when prices go up. Not as good when they don't, since there are carrying costs. Probably even worse when it is harder to re-fi, and it is harder to get a HELOC these days.

Expect to see a lot more come on the market. Best thing to do with these are to steer clear for the time being. A lot of them will become distressed sales if they cannot be sold.

stop_ur_bellyaching said...

I don't find this site critical of homeowners/realtors/developers at all and I have read every post ever published.

He doesn't get paid. He does this site because he loves MB real estate and loves writing (I'm guessing). He is a damn good writer and an excellent analyst.

Let's all cool down for a little bit and start appreciating his work.

And stop accusing positive posts that compliment a home to be realtors in disguise. Even if they were, I think you people are really ultra paranoid if you do that.

Peace OUT & long live MBWatcher

Anonymous said...

mb watcher - you are a treasure - we appreciate you

keep up the good work. you are an asset to our community

My wifes Anon said...

Hey MBW - nice job culling the negative comments. My wife was saying how this blog has improved a lot in the recent days. She was going to post and say so but was afraid the “evil Anon” posters.

Hey luxurylife&style!
Where do you get off making money off advertising? What gives you the right to make lots of money and perhaps someday build on the Strand.. Don’t you know that making huge money is reserved for the Realtors and Builder (well - except this year)!

Actually - I do know the LL&S publisher, “T” - GREAT GUY, GREAT FAMILY... and if I can convince him to take advertorial route maybe he can move to the Strand!

Lucky mag is one of the most successful magazines published in years and is all advertorial - and readers pay for it and love it.

Hey – perhaps we can get MBW to buy a weekly column luxurylife&style!

(no i dont work for Lucky or i would live on the strand. no LL&S did not tell me to right this. Yes i am a renter because i sold 12 months ago and am waiting...was not my plan to wait this long but heck who can resist weekly mark downs?)

Anonymous said...

Dear MBW: Does the current Erroll Flynn house actually bear any resemblance to the structure that existed there when the swashbuckler was around?

MBWatcher said...

I doubt the home bears much resemblance but I hope to speak to some folks. As I hoped the LL&S folks sent me their article. Hoping to get the scoop in the next couple days...

Anonymous said...

7:29

"LL&S didn't tell me to right this..."
Yes, one must imagine even that rag has better grammar.

Anonymous said...

Hear ye, hear ye! MBW claims to encourage all perspectives here. And you will be particularly well-received on this blog if you level invective at realtors (Huggy, Bob Lane, Ed "get your head out of your" Kaminsky, etc), homesellers (those greedy flippers/developers) and homeowners who bought here in MB over the past 10 years (all idiots pretending to be wealthy - can't wait to see their home values crash). Any such criticism is not to be regarded as "pointless name-calling", according to MBC's new censorship rules.

BUT don't dare criticize the criticizers. Then you'll be guilty of "pointless" namecalling and not "debating the issues" and your comment will be expunged.

MBC, you and your cult continue to be a source of comic relief. Keep up the good work, you bunch of los...ooops, almost engaged in "pointless name-calling." Hope this doesn't result in my comment being censored.

MBWatcher said...

Oh, 11:21: Yawn.

Kaye Thomas said...

While Errol Flynn may have lived there at some point.. I believe the home was originally built for Ronald Coleman and possibly financed by MGM Studios as Coleman was one of their major stars.

The story I heard was that the home was built for him as a get away that was close to the ocean but not too far from the studio.

Anonymous said...

MB Watcher, we've never met, but oh dear regarding
11:21 Why such anger.

Dear 11:21 Don't go to sleep so mad. Please, we are blessed and live paradise. MB really is paradise.

Sleep well all. God Bless.

Anonymous said...

I feel ya, 11:45. In fact, I've probably been here a lot longer than you and count my blessings every day. Interesting that when you point out the obvious hypocrisy on this blog, however, you're accused of being angry.

Hey, MBW, is 11:45 debating the issues as you now require?

Oh, and God bless.

Anonymous said...

11:45pm,
"MB really is paradise"? You need to get out more. Unless, you consider living next to a giant oil refinery, sewage treatment plant and under the flight path of LAX paradise.

Anonymous said...

MB is not immediately adjacent to a sewage treatment plant - Hyperion is at the northern end of El Segundo. Rather have something treating the sewage that goes into our bay than not.

Other than some noise issues, which I don't regard as severe, the oil refinery and the airport are non-issues for MB's quality of life, with only a minimal impact on the northernmost sections of MB.

You sound like the one that needs to get out more, 6:19. I doubt you even live here.

Anonymous said...

7:20am Save your breath! The fact that 6:19am even posted that comment here is a testament to the fact that he is extremely jealous. It drove him nuts to read that as he looked out his window at the opposing appt building on his street.

Anonymous said...

7:20am,

Nice cheerleading effort. I feel so much better knowing that the sewage treatment plant is so far (less than 2.5 miles) away from the heart of Manhattan Beach. I do admit though, you can only really smell it when the wind blows out of the north.

Why do people try and sugarcoat the facts? The Chevron refinery is a big enviromental problem for the entire South Bay, especially Manhattan Beach. LAX is noisy and the late night flyovers can be window shakingly loud. Not to mention, traffic and congestion are awful and getting worse.

By the way, I do live here and like it just fine. What I don't agree with is the notion that Manhattan Beach is some kind of "Paradise".

You better start getting ready for today's caravan. I hear there's lots of new listings and the finger food should be better than strolling through Costco while you wait for your order of flyers is being printed at Kinkos.

Anonymous said...

Anyone who has lived in the Southbay for a while and knows the ocean trends understands that the rotation of the water in the Santa Monica Bay is clockwise when looking out to sea. Thus to the extent that the sewage treatment plant, that loosers such as 6:19 like to keep refering too, discharges treated waste it flows north (just like the LaBallona creed outflow), towards Venice, Santa Monica and Malibu. Flight path? What flight path. I fly twice a month and when going to the east the path is off of PV and over Huntington Beach. When flying north it's over Malibu and Ventura. 6:19, have you ever been on a plane out of LAX? Are you from LA?

Anonymous said...

Opps, meant counter clockwise. Not enough coffee yet.

Anonymous said...

Wow! Looks like somebody struck a nerve. Relax boys and girls. It is what it is. Manhattan Beach is a fine place and yes, there are some enviromental issues. If you don't want to live adjacent to the aforementioned facilities, move to somewhere south of Palos Verdes Point or north of Marina Del Rey.

My bottom line, you have to accept the bad with the good. Most of the qualities of MB remain on the plus side, but please don't pretend there are not substancial enviromental issues.

Anonymous said...

Hey 8:18/8:20, Don't look now but SCCOOS (Southern California Coastal Ocean Observing System) completely disagrees with you regarding local currents. Check it out for yourself. You can see it real time at

http://www.sccoos.org/data/hfrnet/oi.php

The prevailing current, at least according to their maps, runs clockwise from Hyperion to us.

Yuck!

Anonymous said...

No need to pretend, 9:24. I'll repeat your statement back to you clearly in bold - "there are not substancial enviromental issues" here in Manhattan Beach (you might try using spell check some time).

Note that I did NOT say there are NO environmental issues, just that they are not substantial compared to the valley, inland empire, virtually everywhere else. Yes, pollution of the bay has been a problem but Heal the Bay gives MB generally good marks and, for me at least, I spend more time looking at the ocean than actually going in the water.

As for 8:11/6:19, I've lived here almost 20 yrs in the Tree section - never heard airplane noise so that statement is false. And traffic is bad EVERYWHERE - much worse on the westside and in the valley.

I'm convinced you don't live here (maybe on the PV Chamber of Commerce or something) or you're just another bitter renter who, like the rest of MBW's cult, thinks that anyone who says anything positive about Manhattan Beach just has to be a realtor.

The guy who referred to you as a loser was correct but I can see that MBW has already broken out his censorship pen - guess we can't have anyone offending his cult.

Anonymous said...

I like the grades our beaches are getting:

http://www.healthebay.org/brc/grademap.asp?map=3

I don't hear or see any LAX flights over MB.

Yes, I do hear and occasionally see issues at Chevron, but I never smell them.

I don't smell the Hyperion Plant or the EL Segundo Power plant and I don't hear them either.

I would say our environmental issues are in line with other communities located within very large metropolitan areas.

The people that live here or are contemplating living here accept these issues.

I don't understand anyone on this site that wants to deliver invectives, however false, relating to these issues. If that is your attitude and those are your beliefs you are entirely entitled to them, but you clearly don't belong in MB. Nothing personal, but why waste time on this BLOG?

Anonymous said...

It's called sour grapes, 10:12. These types of comments are from people who don't own and can't afford to buy here. They are not part of our community and don't have the $$ to become a part of our community. This leads them to do one of two things - (1) bash the realtors ('cause, as we know, the high prices here are a realtor conspiracy) and homesellers (all greedy flippers and developers) or (2) bash the community, in other words, sour grapes. The comments above about our "poor" environmental quality reflect the latter and are not in any way connected to reality.

Nothing personal here either.

Anonymous said...

9:57,

If you can't hear the airplanes see a doctor. Really. Why do you think Manhattan and Hermosa have radar to track flyovers? And if you really want to get into it, take a look online. There is plenty of information available regarding late night (10:00pm-4:00am) easterly departures of max loaded 747's heading to the far east and south pacific that turn westbound, at full throttle, over Manhattan/Hermosa at low altitude. Granted, it doesn't happen every night, but it's quite common during offshore wind episodes. In fact I have a pilot friend that has told me about punching info into the onboard computer before departure and chuckling to himself about how many of his friends he'll be waking up when he sees what departure route they're taking.

Anonymous said...

Nice piece of fiction, Anon 10:25. Those college creative writing courses are paying off. However, for those of us living here on planet earth, your comment is patently transparent. And those pilot "friends" of yours - purely imaginary (we both know you have no friends).

For those unclear on the point, Manhattan Beach does NOT suffer from any significant airport noise issues, certainly not anything remotely comparable to ES.

Anonymous said...

Manhattan and Hermosa tracking planes with radar?

That's a good one...really brightened up my day with a laugh!

Anonymous said...

Is the airport noise in Manhattan Beach as bad as El Segundo? Of course not. Is it an issue in Manhattan Beach sometimes? Yes. I too have read about the flyover monitoring radar in use by South Bay cities.

Regards,
Bitter Renter...oops...I mean Bitter Mortgage Payer...I forgot I own a home (in 3rd now) in MB...for the last 23 years.

Anonymous said...

I'm a little surprised about people denying environmental issues....they are obviously here. You can perhaps compare to worse places (say El Segundo which is directly at LAX or Long Beach which as the port), but you could also compare other places, which may not necessarily be in Los Angeles.....other issues not commented on are oil traces contaminating the soil here and fairly bad air do to particulate which you really cannot escape in Los Angeles. Although some parts are worse than others.

People raising these issues are not really "dissing" the community, just raising awareness.

Anonymous said...

We never hear the airport and I'm pretty sure we'd notice low flyovers by passenger jets. I do hear the crashing waves of the ocean -- are you going to complain about that too?

Anonymous said...

10:47am - Actually, the LAWA does provide this information to the general public in case of a loud fly over, which is prohibited. You can report this to the airport as a violation. Go to LAWA.org and look for the flight tracker. Information is delayed by 10 minutes so no towelheads can observe it.

From time to time, the planes do fly over HB/MB, but it is a couple a year tops. Most involve aborted landings during santa ana conditions.

"Airplane pilot friend" commenter: The general flightpath of the transoceans are at about 14,000 ft when they pass over scattergood. Your pilot friend is probably drinking pre-flight.

Anonymous said...

I've never heard the plans either, but LAX is a massive polluter, and planes dump excess fuel before landin. Seeing how close we are, I am surpised that anyone would think that there were zero fallout from this. The only question is how much.

The US goverment published a map of LA basin a few years back that shows the concentration of carcinogenic particles in the air. This was obtained by hundreds of monitoring stations in the LA metropolitan area.

The two biggest pollution sources (of carcinogenic particles) in Los Angeles are located on the coast.

The biggest (this is excluding Long Beach) is the Port of Los Angeles. This is due to the freighters which run off cheap, high sulfur diesel with minimal pullution controls. These ships fly forign flags and do not have to meet any local standards. The story goes that just one of these freighters puts out as much pollution as the 405 through Los Angeles in the entire day.

From the map, pollution from port of Los Angeles is swept inland towards Cerritos and sweeps around Palos Verdes and northwest.

From there, the air mingles with the intense pollution of LAX. Which is still much less than the port of LA.

However, the air in MB is not particuliarly cleaner than most places in Los Angeles (S. Redondo appears to have the best air in S. Bay).

One thing is clear is that the farther north you get, the cleaner the air. Pacific Palisades looks to have good air.

Just my two cents. Los Angeles has got pretty bad air quality. Not debatable. Although right on the coast, MB is near two of the biggest pollutors and gets fallout from it.

From the map, the concentration of carcinogenic particles in San Pedro is ~1000% higher than Pacific Palisades. Manhattan Beach is ~400% higher than Pacific Palisades. East LA, where it is not directly in the Port of Los Angeles pollution trail, is ~100% worse than Manhattan Beach.

As other have pointed out, there is oil filed and storage contamination, the Hyperion water plant, the refineries, etc, etc.

While this place is not Chernobyl by any means, it is not Santa Barbara either.

Sorry for the long boring post. I think one should be aware of their surroundings. FYI, studies show correlation with autism rates and distance from coal burning power plants. It would not be surprising that other chemical emitting plants have similar issues. Food for thought.

Anonymous said...

11:36-

You're insane. Planes do not dump fuel before landing at LAX or anywhere else

Anonymous said...

11:36am - your one comment about fuel drops made the rest of your comment not worth reading. can someone actually be that naive?

Anonymous said...

11:53 says, "Can someone actually be that naive?

How long have you been reading this blog? Particularly on matters RE, this is naive central. No surprised that it spills over into environmental issues. Excuse me, I have to go get my umbrella; I see a plane approaching. LOL!

Anonymous said...

Sorry, but I still love my jet fuel-soaked, freighter smog-filled, sewage-reeking, renter hater haven, homeowner-loathing, angry realtor-laden paradise known as Manhattan Beach.

Anonymous said...

Reminds me of that one commenter that thought all that tar was from the chevron plant! She couldn't fathom that tar was naturally-produced by the earth even when presented with written proof! Naive is right.

Anonymous said...

I'm perplexed by the people saying that planes don't dump fuel. It doesn't happen on every flight (mainly for emergency landings) and it is certainly regulated (e.g., it should happen over unpopulated areas like the ocean), but it does happen. At an airport the with the amount of traffic as LAX, it will definitely happen on occasion. See the following from aerospaceweb.org:

http://tinyurl.com/6hzqhc

That said, it really shouldn't impact quality of life in MB all that much.

Anonymous said...

I'm surprised anyone does not realize the health risks associated with airports. Generally communities hate being close to them.

Anonymous said...

I agree with 1:45. I'm guessing that most major international airports do not have some of the highest priced local residential real estate adjacent. In fact, I'd bet there is a penalty assigned to values that increases the closer you get.

Anonymous said...

MB is not adjacent to the airport. There's this whole other town called El Segundo in between. Maybe you've heard of it.

Anonymous said...

And we are adjacent to El Segundo. Pretty close as the crow (or jumbo jet flies).

So what is your point about El Segundo?

Anonymous said...

I'm not sure where all of you airport haters live, but I'm in the heart of the tree section and I rarely hear them. I'm also a very light sleeper and I never wake up bc of the planes. I actually travel about 30 days per year for work so I actually put a premium on MB for being so close, while not being too close to hear them. Unless you live on 34-36th, I really don't see it as a problem. As for the refinery, again, doesn't impact me one bit. I cant' see it, but on occassion, do hear it. Still doesn't bother me one bit. For those of you with beautiful views of it, well, that is why I wouldn't pay $2mm+ for that view.

Anonymous said...

Exactly, 3:41. I too am a light sleeper with a home in the heart of the Trees and have never even noticed airplane or refinery noise. That's why the above reference to "late night flyovers" that are "window-shakingly loud" is a total work of poorly-conceived fiction.

Susan M. said...

While this place is not Chernobyl by any means, it is not Santa Barbara either.

I should say not!

Broken pumps and pipes and cracked tanks at Greka installations have led to spills totaling more than a half-million gallons of oil and contaminated water over the years.

The Santa Barbara County Fire Department has responded at least 400 times to Greka oil spills and gas leaks, resulting in fines, citations, federal and local prosecutions and EPA investigations.

http://www.mercurynews.com/news/ci_8798018

Portraits of Platforms: sailing out to Santa Barbara's oil rigs.

http://www.flickr.com/photos/docsearls/sets/72057594090570230/

The platforms discharge waste to the ocean pursuant to a permit issued by the Environmental Protection Agency (EPA) under the Clean Water Act's National Pollutant Discharge Elimination System (NPDES). The permit allows the platform operators to discharge drilling fluids, produced water and other waste products, but sets limits on the amount of these pollutants that can be discharged.

http://www.sbck.org/