Category: Mortage

In Palos Verdes Estates, a Spanish Revival-style home built for Fred Roessler, the city’s first mayor, is on the market for $19.5 million.

Roessler was instrumental in the efforts to incorporate Palos Verdes Estates, which was established as a subdivision in the early 1920s before its incorporation as a city in 1939. A chemist and veteran of World War I, he served as the city’s mayor from 1940 until his death in 1965 at 71.

Originally built in the 1920s and reconstructed in 2006, the landmark property crowns a 3.17-acre hilltop, allowing for ocean views from nearly every room.

Abner Mares is walking away a winner in Huntington Beach. The world champion boxer just sold his slick modern home for $2 million, around half a million more than he paid for it five years ago.

Clad in concrete, the contemporary house sits close to the water on man-made Davenport Island. One of about 400 homes on the island, it boasts four bedrooms, 3.5 bathrooms and a handful of custom finishes across 3,776 square feet.

Palm trees frame the entry, leading into a foyer with a built-in saltwater aquarium. Angled wood ceilings top a great room with walls of glass and a fireplace, and the adjacent kitchen has been remodeled with subway tile.

Adam Lambert couldn’t quite turn a profit in Hollywood Hills. The “American Idol” alum just sold the modern digs for $2.92 million, or $75,000 shy of what he paid six years ago.

The sale arrives about two years after the glam rocker paid $6.5 million for a bigger place in Hollywood Hills West, The Times previously reported.

Stark in style, the contemporary home sits above the Sunset Strip and takes in sweeping city views from a balcony. Down below, a resort-style backyard features a spacious covered lounge across from a spa and a pair of reflecting pools.

Shades of gray cover the exterior and continue inside, including a rotunda staircase that navigates the two-story floor plan. Spread across roughly 3,000 square feet are three bedrooms, 3.5 bathrooms, an indoor-outdoor living room, a rounded breakfast nook, a chef’s kitchen and a dining room with a wine closet.

Upstairs, a master suite