Rancho Palos Verdes, CA

Rancho Palos Verdes is a coastal community located in Los Angeles County, California. The population was 16,824 at the 2010 census. Rancho Palos Verdes is known for its picturesque and well-manicured neighborhoods, as well as its many luxury homes. The community has a long history of real estate development dating back to the early 1900s. Today, Rancho Palos Verdes is one of the most expensive communities in Southern California and has a high demand for residential property.

The first settlers arrived in Rancho Palos Verdes in the early 1900s. At that time, the area was mostly agricultural land with few homes or businesses. However, over time, developers began to build new homes and businesses in the community. Today, Rancho Palos Verdes is home to many affluent residents who enjoy living in a picturesque and well-manicured community.

The main source of income for residents of Rancho Palos Verdes comes from salaries earned by those who work in nearby cities and towns. However, there is also a significant demand for residential property in this community due to its high value and luxurious amenities. As such, prices for properties in Rancho Palos Verdes are among the highest in Southern California.

One of the most important factors affecting prices for properties in Rancho Palos Verdes is availability - which varies depending on the type of property being sold and how much demand there is from buyers interested in purchasing that particular type of property. In general, properties located closer to town tend to be more expensive than those located further away from town or within rural areas of the community. Additionally, properties located on larger lots tend to be more expensive than those located on smaller lots or within urban areas of the community.