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Palos Verdes Peninsula
“Palos Verdes” is a Spanish term that means “green wood” or “green stalks”. Centered around the Palos Verdes Peninsula, this is an affluent residential region in Southeast Los Angeles Country. It is part of the Greater Los Angeles Metropolitan area. It is known for its a ocean cliff-side views, lighthouse, Eucalyptus trees, parks and wild peacocks.
The Palos Verdes Peninsula lies 23 miles south of Los Angeles proper. This peninsula comprises of four cities namely Rolling Hills, Rancho Palos Verdes, Rolling Hills Estates and Palos Verde Estates. Two unincorporated areas, Academy Hill and Westfield, are also counted within the Peninsula's boundaries.
Palos Verdes was initially a portion of the huge ranchos owned by Sepulveda and Dominguez. It was sold to Jotham Bixby in 1882, then was sold in 1922 for $1.5 to $2 million by Frank Vanderlip and his New York investment syndicate. They renamed the property as the Palos Verdes project, and improvements began in Malaga Cove area when Vanderlip sought help from popular landscape architects – Olmsted Brothers. This started the uprising of Palos Verdes to a community of its own.
According to the 2010 census, its population is at around 13,438. Palos Verdes is also lauded as the 81st richest place in the country with an estimate of around 1,000 households. Its population density is 2,814.8 people per square mile.
Ranked as the 47th most expensive real estate region in the US, it is primarily composed of Caucasians (at around 75%), Native Americans (17.3%) and Hispanics (4.7%).
Around one-third of the entire population is a family living with a child under the age of 18. When it comes to age demographics, Palos Verdes is home to a wide spread of people with around 27% under 25, 48% at the middle age and around 24% of the population is 65 years and older.
Facts and Attractions
Palos Verdes is known for its high-value residential properties, commercial areas, and historic architecture. They popularized strong development committee regulations as part of a collective effort to preserve the entire space and prevent over development.
It is also known as "The Hill" to residents, due to the Palos Verde Hills being its dominant geographical feature.
Apart from its cliff-side mansions, Palos Verdes is known for its beaches, surf spots, leisure areas and select schools.
It has many protected parks and nature walks. Point Fermin Park is the southernmost point in Los Angeles, and above it lies Fort MacArthur. The fort contains not just museums and art galleries, but also the Marine Mammal Care Center.
Malaga Cove in Rolling Hills Estate was designed as the centerpiece of the original master plan for Palos Verdes. Its shops and architecture display the eclectic 1920s architecture. The Promenade in the Rolling Hills estate is a more modern shopping area featuring a multiplex and an ice skating rink.
Palos Verdes has many golf courses and country clubs, with the most notable being the Trump National Golf Club,a 300-acre 18-hole luxury golf course.
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