Palos Verdes Estates Real Estate

Palos Verdes Estates is a city in Los Angeles CountyCaliforniaUSA on the Palos Verdes Peninsula. The city was masterplanned by the noted American landscape architect and planner Frederick Law Olmsted, Jr. The population was 13,438 at the 2010 census, up from 13,340 in the 2000 census. According to the 2000 US Census, Palos Verdes Estates is the 81st richest place in the United States with at least 1,000 households (based upon per capita income). The 90274 ZIP code (covering all communities within the Palos Verdes Peninsula) was ranked the 47th most expensive housing area among high property value U.S. ZIP codes in a 2007 study by Forbes.com.

The city is located along the Southern California coastline of the Pacific Ocean. There are several accessible beaches although most of the predominantly rocky shoreline is marked by high cliffs. Three noteworthy Palos Verdes Estates surfriding beaches exist among the estate homes along the coastline, and include: Haggerty’s (the rock beach below the Neighborhood Church of Palos Verdes, site of the former Haggerty Manor estate), the Palos Verdes Bluff Cove Beach (around the point, south of Haggerty’s, which includes “indicator”, “little reef”, “middle”, and “boneyard” surf breaks), and Lunada Bay (occasional large winter waves). Other significant features of the city are the scenic Palos Verdes Golf Club, a challenging 18-hole golf course and country club designed by George C. Thomas Jr and William “Billy” Bell in 1923, and the Palos Verdes Tennis Club. Both premier facilities are restricted for recreational use by city resident-members and guests, and are centrally located within the city. Another popular city landmark atop Palos Verdes Estates is the La Venta Inn. Built in 1923, La Venta Inn was the first known building structure on the Palos Verdes Peninsula. Architects Walter and Pierpont Davis designed the building and the famous landscape architects, the Olmstead brothers, designed its gardens. The La Venta Inn has views of the Southern California coastline.

Geography

Palos Verdes Estates is located at 33°47′13″N 118°23′48″W (33.787049, -118.396657).

According to the United States Census Bureau, the city has a total area of 4.8 square miles (12 km2), over 99% of it land.

The Peninsula offers many coves to locals. Many of the coves are infamous to local surfers and pros alike. Pirates of the Caribbean, has also used these coves for on location filming. These coves light up to a teal neon blue during the day, making them picture perfect.

Demographics

2010

The 2010 United States Census reported that Palos Verdes Estates had a population of 13,438. The population density was 2,814.8 people per square mile (1,086.8/km²). The racial makeup of Palos Verdes Estates was 10,346 (77.0%) White, 161 (1.2%) African American, 21 (0.2%) Native American, 2,322 (17.3%) Asian, 8 (0.1%) Pacific Islander, 94 (0.7%) from other races, and 486 (3.6%) from two or more races. Hispanic or Latino of any race were 631 persons (4.7%).

The Census reported that 13,421 people (99.9% of the population) lived in households, 17 (0.1%) lived in non-institutionalized group quarters, and 0 (0%) were institutionalized.

There were 5,066 households, out of which 1,686 (33.3%) had children under the age of 18 living in them, 3,649 (72.0%) were opposite-sex married couples living together, 296 (5.8%) had a female householder with no husband present, 138 (2.7%) had a male householder with no wife present. There were 91 (1.8%) unmarried opposite-sex partnerships, and 26 (0.5%) same-sex married couples or partnerships. 848 households (16.7%) were made up of individuals and 534 (10.5%) had someone living alone who was 65 years of age or older. The average household size was 2.65. There were 4,083 families (80.6% of all households); the average family size was 2.97.

The population was spread out with 3,113 people (23.2%) under the age of 18, 588 people (4.4%) aged 18 to 24, 1,787 people (13.3%) aged 25 to 44, 4,702 people (35.0%) aged 45 to 64, and 3,248 people (24.2%) who were 65 years of age or older. The median age was 49.9 years. For every 100 females there were 95.2 males. For every 100 females age 18 and over, there were 93.0 males.

There were 5,283 housing units at an average density of 1,106.6 per square mile (427.3/km²), of which 4,496 (88.7%) were owner-occupied, and 570 (11.3%) were occupied by renters. The homeowner vacancy rate was 0.7%; the rental vacancy rate was 5.6%. 11,958 people (89.0% of the population) lived in owner-occupied housing units and 1,463 people (10.9%) lived in rental housing units.

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