History · Palos Verdes Estates

Palos Verdes Estates’s history is
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1939established
0old images & papers
12recent photos

The story

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Palos Verdes Estates was established as a planned community in 1923, with 3,200 acres (1,300 ha) carved out of the former Rancho de los Palos Verdes property of over 16,000 acres (6,500 ha). Frank A. Vanderlip established both a land syndicate holding the Palos Verdes Peninsula, and a real estate development trust for the Palos Verdes Estates subdivision. The Commonwealth Trust Company filed the Palos Verdes Protective Restrictions in Los Angeles County in 1923. These restrictions established rules for the developer and all land owners. The developer was required to set aside half of the land for common use, including roads and parks, but also to build bridle paths, a golf course, and retain several miles of coastline free of development. No less than ninety percent of the remaining land was required to be used for single-family homes.

Text from Wikipedia, licensed CC BY-SA 4.0.

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Palos Verdes Estates

California · CA
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