There were nearly 27,000 $1 million-plus home sales in California in 2012--that's a 27 percent increase over 2011. (And there were 697 sales over $5 million.) Just to twist the knife a little, a full quarter of the $1 million-plus deals were all-cash. Manhattan Beach had the second most million-plusers in the state (after NorCal's Hillsborough). [LAObserved]
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State O' the Market: Whaley
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Koreatown Craftsman With Lots of Hand-Carved Woodwork Asks $1.5M
Built in 1910, the house sits on a lush property that includes a recording studio out back.