Understand
Discover the fascinating history behind the Palos Verdes Peninsula, once part of vast ranchos owned by Dominguez and Sepulveda. The name "Palos Verdes" itself evokes images of lush greenery and vibrant woodlands. Unbelievably, a bold investment syndicate led by banker Frank Vanderlip seized this golden opportunity, acquiring the entire Peninsula for a mere $1.5 to $2 million. Vanderlip's visionary decision to develop such prime land, right by the Pacific and near Los Angeles, was nothing short of genius. Witness the legacy of his brilliance as you explore the community of Malaga Cove, designed with meticulous attention by the renowned Olmsted Brothers landscape architecture firm. The Palos Verdes towns, to this day, boast incredible architectural beauty and a steadfast commitment to preserving open spaces and preventing excessive development.
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