ClickCease Q&A: The Agency’s Mauricio Umansky Dishes on Los Angeles Real Estate and Coastal Home Trends for Primary & Second-Home Owners — and more. -

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Q&A: The Agency’s Mauricio Umansky Dishes on Los Angeles Real Estate and Coastal Home Trends for Primary & Second-Home Owners — and more.

November 4, 2021

etco Homes sales and marketing partner Mauricio Umansky is founder and CEO of The Agency. Ranked among the Top Ten agents in the country for eight consecutive years according to The Wall Street Journal REALTrends annual list, Mauricio led The Agency to become an industry-disrupting, billion-dollar brokerage with 40 offices worldwide. He is well-known for representing some of the most notable properties in the world — and for being husband to fan favorite on The Real Housewives of Beverly Hills, Kyle Richards. Most recently, Mauricio, along with Santiago Arana, now represents two of One Coast’s oceanfront homes: Townhome 702 and Townhome 801. Read on for Mauricio’s insight on what to know about coastal home trends, Los Angeles real estate and more. 
 

What are the latest real estate trends in Los Angeles? Any predictions for 2022?

The Los Angeles real estate market shows no signs of slowing down with continued record-high demand and low inventory. From a global perspective, Los Angeles continues to remain a top global destination for luxury coastal living, and in 2022, the return of international buyers will continue to boost this effect.
 

What are today’s buyers prioritizing?

People continue to have a desire for considering the lifestyle offered living in a home in areas like Pacific Palisades in comparison to dense cities. With the work-from-home and hybrid work culture remaining, buyers have the option of working from anywhere while having access to beautiful estates, top schools, while being close to the city when necessary. The value of LA compared to NYC cannot be overstated.
 

What kinds of lifestyle-related real estate needs are driving buyers in Los Angeles?

Since COVID, the home continues to be the center of the universe. As a result, buyers continue to seek the opportunity to enhance their living experience in every way. LA homebuyers continue to want bigger spaces, home offices, gyms, and swimming pools. Los Angeles offers a lifestyle that is unparalleled to cities across the country. It offers a year-round warm climate, large homes with ample amenities and outdoor space, and access to the best entertainment, educational institutions, and other lifestyle offerings.
 

What is so special and rare about One Coast’s location?

One Coast provides a once-in-a-lifetime opportunity to live in one of Southern California’s most picturesque coastal enclaves and to enjoy the best of beach living.
 

What sets coastal real estate apart from other offerings?

Coastal real estate affords a calm and peaceful environment from the bustle of daily life. With the increasing ability to work remotely, the opportunity to live near the coast and avoid commuting to a major city five days a week is more appealing than ever.
 

What makes One Coast such a compelling offering for primary homebuyers? What trends are you seeing for second-home buyers seeking real estate in Los Angeles?

One Coast is unique in that it is elevated on the bluffs of Pacific Palisades with an array of oceanfront residences. The ability to enjoy indoor and outdoor living with a range of personalized amenities provides a rare opportunity for elevated coastal living.
 

What’s your favorite aspect about One Coast?

One Coast presents a unique opportunity to enjoy the quintessential Southern California lifestyle within a private community in the heart of one of the most sought-after enclaves of the city.
 

What is your best piece of real estate advice for someone seeking coastal living in California?

The purchase of land and property by the coast is a valuable investment that can increase in value over time. Coastal properties are uniquely limited and for any buyer looking to purchase a coastal property in California, I recommend seeking out a trusted real estate professional who can provide a history on the property/land, a detailed land survey, and more about the area to be fully educated and to make a sound investment.
 

What are your favorite restaurants nearby to One Coast?

Pacific Palisades has an incredible dining scene. For a quick healthy bite, you can’t beat Juicy Ladies—and it’s located quite literally steps from One Coast. For dining with an ocean view, I love grabbing a table at Gladstones restaurant, set along the PCH. When I’m craving Japanese food, Moku Sushi never disappoints. And I can’t talk about great dining in The Palisades without mentioning Palisades Village—from Erewhon Market’s famed hot bar to sit-down restaurants like The Draycott and Porta Via, you can’t go wrong. 
 

Tell us about your exclusive listings at One Coast?

Santiago Arana and I are proud to represent Townhome 702 and Townhome 801 at One Coast. Both have the amazing finishes and amenities offered at One Coast with an amazing private roof deck to take full advantage of ocean views. These townhomes truly feel and live like single-family residences with the benefit of the white-glove service of the community.

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All information (including, but not limited to prices, current views, availability, school assignments and ratings, Broker programs, incentives, floor plans, site plans, features, standards and options, assessments and fees, planned amenities, programs, conceptual artists’ renderings and community development plans) is not guaranteed and remains subject to change, availability or delay without notice. Community improvements, recreational features and amenities described may not be an actual representation and are based upon current development plans which are subject to change and which are under no obligation to be completed. Maps and plans are not to scale. Square footage and all dimensions are approximate and may vary in actual construction. As-Built Condition will control. Prices may not include lot premiums, upgrades and options. Community Association or other fees may be required. Actual position of house on lot will be determined by the site plan and plot plan. All illustrations are artist's concepts only, not to scale and subject to change in actual production. Marketing materials do not reflect a racial, age, familial status or ethnic preference. Floor plans and elevations are an artist’s conception and are not intended to show specific detailing. Floor plans are the property of etco HOMES and its affiliates and are protected by U.S. copyright laws. No purchase agreement may be negotiated or signed by a prospective buyer for the purchase of a home until the community's applicable conditional or final public report has been issued by the Department of Real Estate (CalDRE). This is not an offering in any state where prohibited or otherwise restricted by law. CalDRE license #01878688. © 2023 etco HOMES.

*50K Your Way incentive applies only to homes going to contract as of November 14, 2022, through December 31, 2022. Offer is available for a limited time only and applies only to the actively selling communities featured. Maximum promotion value $50,000. Not all offers will be available at every community. 50K Your Way is an incentive program in which the Buyer will be credited up to $50,000 to apply to loan rate buydown, purchase price reduction, closing costs, HOA dues or a combination thereof. 50K Your Way is available only on homes that have been released for sale and are scheduled to close within 45 days of the contract being signed. The 50K Your Way incentive program is subject to change or withdrawal at any time without notice and is not valid on contract re-writes or prior sales. The 50K Your Way incentive may not be redeemed for cash or equivalent. Underwriting, loan qualification, and program guidelines applicable to Buyer’s loan may impose maximum seller contribution limitations which restrict or limit the total amount of the 50K Your Way incentive that may be available to Buyer. Application of amounts totaling less than $50,000 of the 50K Your Way incentive limits Buyer’s total incentive received to the amount actually applied, and Buyer is not entitled to any funds in excess of the amount actually applied to the Buyer’s selected incentive options. Rate Lock holds are subject to rules and conditions set forth by the Preferred Lender. Interest rates may not be available at time of loan commitment or closing. Buyer is not required to obtain financing through etco Homes’ Preferred Lender to purchase a home, but the 50K Your Way incentive is available only to Buyers who finance through etco Homes’ Preferred Lender. etco Homes’ Preferred Lender is not affiliated with etco Homes or any of its affiliates. etco Homes and its affiliates have no control over credit approval. Other restrictions and conditions will apply. This is not an offer to lend nor an offer to enter into an interest rate discount agreement which can only be made in writing. This is not an offer to sell nor is it a solicitation of an offer to purchase real property. Where applicable, you must obtain the “Public Report” or its equivalent required by federal and/or state law and read it before signing anything. Other restrictions and conditions will apply. See an etco Homes Sales Representative for further information. Void where prohibited. Equal housing opportunity. November 2022.

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