The Adamson Family: A Piece of Malibu History

This week, we continue putting the pieces together in the massive, interesting puzzle that is Malibu history: the Adamsons.  You'll recall a few weeks ago we talked a bit about the Rindge family, a crowning family in Malibu royalty.  Another family famous in Malibu royalty is the Adamsons, who are actually related to the Rindges.  The original big Kahuna in Malibu, Frederick Rindge, had a number of children, including Rhoda Agatha Rindge.  Rhoda Agatha Rindge married Merritt Huntley Adamson and so became Rhoda Agatha Adamson.   They had a litter all their own, consisting of Rhoda May (three generations of the name Rhoda, I guess this really WAS a long time ago), Sylvia, and Merritt Jr. 

In 1916, Merritt Sr. and Rhoda Agatha founded Adohr farms, a dairy in Tarzana. This stayed in the family, having passed hands from Merritt Sr. to Merritt Jr., for 50 years until the increased price of feed forced the Adamsons to sell Adohr farms to Southland Corp. in 1966.  Merritt Jr. did make quite a few great strides in Malibu history, including donating a large part of Pepperdine's campus, built a mobile home park, condominiums, and Malibu Bluffs State Park.  In 1967, the Adamson siblings formed the Adamson Cos., a partnership aimed at developmement. The Adamson brother died of cancer in 1986, but the sisters still remain active in Malibu to this day.

Illustrated Market Update

Time for the illustrated market update!  Straight to the pictures then..

Beverly Hills

-237 El Camino Dr has been SOLD for $1,756,000 after spending 10 days on the market!

-232 S Canon Dr has been SOLD for $1,608,000 after spending 110 days on the market!

-265 S Camden Dr has been SOLD for $2,850,000 after spending 28 days on the market!

Beverly Hills Post Office

-2838 Royston Pl has been SOLD for $3,299,000 after spending 36 days on the market.

-2029 Coldwater Cyn Dr has been SOLD for $1,875,000 after spending 156 days on the market.

-9809 Yoakum Dr has been SOLD for $620,000 after spending 223 days on the market.

Hollywood Hills

-1717 N Ogden Dr has been SOLD for $939,000 after spending 20 days on the market.

-1714 Sunset Plaza has been SOLD for $1,250,000 after spending 55 days on the market.

-1892 Rising Glen Rd has been SOLD for $4,759,758 after spending 8 days on the market.  To date, that might be the most random selling price I've ever seen.

-2165 Ridgemont Dr has been SOLD for $890,000 after spending 99 days on the market.

-1457 Miller Way has been SOLD for $825,000 after spending 65 days on the market.

Bel Air

-2886 Angelo Dr has been SOLD for $730,000 after spending 34 days on the market.

-1276 Stradella Rd has been SOLD for $2,435,000 after spending 109 days on the market.

-2361 Brookshire Lane has been SOLD for 1,250,000 after spending 73 days on the market.

-15558 Aqua Verde Dr has been SOLD for $1,147,000 after spending 56 days on the market.

-1800 Roscomare Rd has been SOLD for $1,275,000 after spending 5 days on the market.

-2670 Basil Lane has been SOLD for $1,395,000 after spending 15 days on the market.

Malibu

-6728 Wildlife Rd has been SOLD for $2,075,000 after spending 152 days on the market.

-6020 Bonsall Dr has been SOLD for $8,500,000 after spending 140 days on the market.

-18449 Clifftop Way has been SOLD for $1,115,000 after spending 44 days on the market.

-20491 Royal Stone Dr has been SOLD for $1,400,000 after spending 17 days on the market.

-20962 Pacific Coast Highway, a duplex, has been sold for $2,950,000 per unit after spending 1145 days on the market.

Not yet listed summer leases!!

A treat for our blog readers!

Because we appreciate you reading, here are two not yet listed summer beach leases--and you're the first ones to know about them!

BEST DEAL ON THE BEACH! Located at 27096 Malibu Cove Colony, this is an expansive 5 bedroom, tri-level home, right on the beach in the Malibu Cove Colony!  This home features a state of the art entertainment system.  The community features a tennis club membership available to residents and a 24 hour guard gated entrance.  Available for 45,000 a month.

DOG BEACH LEASE!  This is a charming, newly renovated cottage on the beach with 2 bedrooms and 1 bathroom, located on a deep sandy beach. Available for 20,000 a month.

Contact Katie Bentzen at (310) 457-0623 for more details or by e-mail at katie@areteestates.com.

Monday: Weekend round-up!

So what happened over the weekend?

In Hollywoodland..
The plaques reading "Hollywoodland Est. 1923" that were stolen from a famous neighborhood in Hollywood were stolen two months ago.  Their theft is finally being investigated, and the case is becoming cold.  Initially, a citizen did try to report the theft but because they are considered city property, residents could not report the theft.  Read more here..

In Bel Air..
The Hotel Bel Air will be re-opening in October with nightly rates of $595.  The rooms all feature large flat-screen TVs, a work space, and some even have heated limestone floors!  They are currently running a Facebook contest in which you can win 3 nights in the hotel; it can't hurt to enter!  Read more here.

On Skid Row..
An indication of the state of the economy, Union Rescue Mission, a shelter on Skid Row, now has to charge for nightly stays.  They now charge $7 a night, but $2 of that is being deposited into a mandatory savings account at Union Rescue Mission.  Read more here..

Have a good week everyone!

Photo Friday!

Photo Friday: Map of Malibu

For this week's photo Friday, I present to you a map of Malibu and its surrounding areas!  I know we have GPS now, but I'm still of the school of thought that believes that it is good to study a map of an area and get to know it.

Thursday: Areas of Malibu

Malibu Colony:


The Malibu Colony, originally named the Malibu Movie Colony, was developed in the 1920's.    It started out as a hideaway for celebrities and movie personalities,  including even Clara Bow and Harold Lloyd in the early years.  At this time, the average price of a small cottage was $2,600--how the times have changed (the vacant lots now start at 1,000,000.)  


The homes in Malibu Colony have an interesting way of numbering the houses, they have a standard five digit address like 22564 but then will be called by a two digit number, such as "56."  In the gated Malibu Colony there are 74 beach homes, which tend to run on the smaller size in comparison to other areas in Malibu (such as Broad Beach, La Costa, and Carbon Beach-which will all be featured here, in due time!)  


For an example of a house in the Malibu colony, check out our listing for #53 Malibu Colony .


Sources:
Buy the Beach. Katie Bentzen.
http://www.malibucity.org/index.cfm/fuseaction/detail/navid/9/cid/430/. Chapter Six, The Malibu Movie Colony.

Illustrated Market Update

Lets see what happened in the past week in Malibu, Bel Air, Hollywood Hills, Beverly Hills Post Office, and Beverly Hills- shall we?

Malibu

*It has come to my attention that the MLS pictures of the listings I've been posting every week don't show up after a time, so I'm going to just be listing the address of the house, how much it sold for, and how long it spent on the market from this week on.

-21644 Pacific Coast Highway has been SOLD for $6,562,500 after spending 144 days on the market.
-18449 Clifftop Way has been SOLD for $1,115,000 after spending 44 days on the market.

Bel Air

-2963 North Beverly Glen Circle has been SOLD for $1,800,000 after spending 116 days on the market.

-1236 Stradella Road has been SOLD for $3,000,000 after spending 169 days on the market.

-933 Airole Way has been SOLD for $1,650,000 after spending 85 days on the market.

-1800 Roscomare Road has been SOLD for $1,275,000 after spending 5 days on the market.

-873 North Beverly Glen Boulevard has been SOLD for $620,000 after spending 4 days on the market.

Hollywood Hills

-8493 Franklin Avenue has been SOLD for $1,000,000 after spending 141 days on the market.

-3873 Fredonia Drive has been SOLD for $680,000 after spending 30 days on the market.

-1445 Miller Way has been SOLD for $1,100,000 after spending 87 days on the market.

-8796 Hollywood Boulevard has been SOLD for $1,100,000 after spending -3 days on the market.  The MLS says -3, I really don't understand..

-8424 Franklin Avenue has been SOLD for $900,00 after spending 79 days on the market.

-2680 Astral Drive has been SOLD for $1,585,000 after spending 42 days on the market.

-8287 Marmont Lane has been SOLD for $1,485,500 after spending 12 days on the market.

-8551 Edwin Drive has been SOLD for $1,945,000 after spending 1 day on the market.  One single day on the market, impressive!

-3122 Nichols Canyon Road has been SOLD for $1,850,000 after spending 5 days on the market. 

 Beverly Hills Post Office

-2291 San Ysidro Drive has been SOLD for $1,868,150 after spending 40 days on the market.

-1368 Benedict Canyon has been SOLD for $1,625,000 after spending 50 days on the market.

-9328 Beverly Crest Drive has been SOLD for $1,025,000 after spending 8 days on the market.

-2261 Betty Lane has been SOLD for $1,425,000 after spending 237 days on the market.

Beverly Hills

-619 Doheny Drive has been SOLD for $12,500,000 after spending 116 days on the market.

-158 North Le Doux Road has been SOLD for $1,260,000 after spending 21 days on the market.

-1019 Chevy Chase Drive has been SOLD for $3,975,000 after spending 8 days on the market.