OUR HISTORY

Experienced. Knowledgeable. Professional.

Molloy Real Estate Services was originally established in 1962 by Joseph P. Molloy (“Joe”), our founder.  The original name of the business was “Joe Molloy Realty.”  He opened for business at 14th and Pico in 1962.  Property Management and sales of residential income property were Joe’s specialty.  Needing more space with his increased residential sales staff, he moved to its 719 Santa Monica Boulevard location in 1965.  During the 1970’s Joe was approached by a national real estate franchising company to join its new network of offices.  Joe incorporated the business while operating as a franchise member office.  After being a part of the national company and with the economic challenges in the early 80’s, we decided to return to our property management roots and became simply Molloy, Realtors®, Inc.  Displaced by the earthquake of January, 1994, we moved to a temporary office on Fifth Street and returned to our old Santa Monica Boulevard location the latter part of August, 1995.  In December, 1998 we moved to the Yale Center on Santa Monica Boulevard at Yale Street.  During 2010 we adopted a logo and changed our name to Molloy Real Estate Services. In August of 2015, we moved to 1828-1/2 Broadway.  In July, 2018 we moved to our current location at 3020A Wilshire Boulevard.

Joe was born and raised here in Santa Monica.  He worked as an aeronautical engineer during WWII for Howard Hughes and his “Spruce Goose” and then Boeing.  After the War, Joe worked as a builder/general contractor on many tracts in the San Fernando Valley and Pomona.  He then worked for a local office in real estate sales and management in the early 1950’s.  He branched out into mortgage lending during the late 50’s and early 60’s.  He then went out on his own to further his business and personal goals in 1962.                                                                                                                  

Joe’s past achievements included serving for many years as a director and officer of the Santa Monica Board of Realtors, including serving as President in 1971.  He was granted the honor of Life Membership in CAR in 2002.  He also served as a director and part of the founding of the local independent multiple listing service, United Multiple Listing Service.  He was a Santa Monica Optimist for 29 years and a Past-President.  He also was a member of the Santa Monica Chamber since 1962 and was actively involved in the Santa Monica Sister City Organization.  Joe had five daughters, 15 grandchildren, 4 great-grandchildren, and was married to his lovely wife “Fran” for 54 years when she passed in February of 2007.  He passed away five weeks later, in early April of 2007.

 

Joe’s daughter Patricia “Tica” M. O’Neill entered the business in 1980.  Prior to that, she worked in the accounting and legal fields doing mostly administrative/clerical work.  She worked as a realtor-associate until 1984.  She then received her Broker’s license and began managing the office with a sales staff of 20+ and small property management division.  In 1985, the company incorporated establishing Tica as the responsible broker.  To date the firm manages approximately 500 residential and commercial units in Beverly Hills, West Hollywood, Culver City, Los Angeles, and Santa Monica. These are comprised of apartments, commercial property and homeowner associations.  The company has prided itself on providing personal attention to detail for all of our clients.

Tica has also served as President of the Santa Monica Board in 1991 and has served on the Board of Directors for the merged Beverly Hills/Greater Los Angeles Association of Realtors (BHGLAAR).  She is a Past-Chairman of the Santa Monica MLS (four years) and Past-Chair of the Ad-Hoc Committee comprised of the then six local Boards of Realtors (two years).  She has served as a State Director to the California Association of Realtors since 1989, Regional Chair to the CAR MLS Committee and Member-at-Large to the CAR Professional Standards Committee and Property Management Committee.  She was voted “Realtor of the Year for 1988” by her peers and again in both 1993 and 2003.  She was elected 20th Region Assistant Regional Chairman for 1994 for CAR and then the same for the newly merged Region 17 for 1995.  She served as Regional Chair in 1996.  She served as Vice-Chair South for the State Property Management Committee in 1997 and 2009 and as Chairman for 1998, and Issues Chair in 2010.  During 1999 and 2003 she served as Vice-Chair of the Common Interest Development Committee.  During 2000 she served as Vice-Chair of the Legislative Committee, the large committee that oversees the other public policy committees.  She served on the CAR Political Activities Fund during 2001-2002.  She has served as Regional Representative to Land Use and Environmental, Property Management, Common Interest, Real Estate Finance, and served as Regional Representative in 2002 to Property Management and Common Interest and served on the local Government Affairs Committee and chaired the local BORPAC Committee. In 2003, she served as an Alternate to IMPAC (Issues Mobilization Political Activities Committee at CAR).  She was also appointed to statewide task forces regarding new statutory-required forms in the Property Management arena, and chairman of the Rent Control Strike Force.  In 2004 and 2005 she continued to serve on Public Policy Committees for Property Management, Common Interest Development, and the full Legislative Committee.  In 2006 she served on the Executive Committee for CAR.  In 2007 she served as a liaison to the Strategic Planning and Finance Committee and a member of the Legislative Committee.  In 2008, she again served as Vice-Chairman of the Legislative Committee.  She was honored by the BHGLAAR with its William May Garland Award.  In 2008 and 2009 she served on the CAR Public Policy Reorganization Task Force. In 2009 she also served on the Defense Strategy Advisory Committee. In 2010 she also served on the Legislative Committee, and statewide sub-committees regarding FHA financing of condominiums and updating the Property Management Forms.  In 2011 she served on the BHGLAAR LCRC committee and on CAR Housing, Legislative and Tax & Regulatory Committees.  In 2012 she continued to serve of BHGLAAR LCRC & Public Policy Committees, as Regional Representative to CAR Strategic Planning & Finance Committee and member of the Legislative Committee.  During 2013 she continued to serve as a member to Transaction & Regulatory, Home Ownership Housing, and Investment Housing. In 2014 she served as Vice-Chair and in 2015 served as Chair of the Investment Housing Committee.  She was elected as a National Director to the National Association of Realtors since 2016, and served as Vice-Chair of the Transaction and Regulatory Committee at CAR for 2016 and chair in 2017.  In 2018 she is serving on the Strategic Planning and Finance Committee and is a member of the Tax Reform Presidential Task Force.  She has served on the State Issues Committee and Federal Finance Committees at NAR since 2016.  In 2019 she will serve as Vice-Chair of Strategic Planning and Finance Committee and a member of the Investment Sub-Committee. 

 

The firm is a family-run business.  Our company ethic is to serve our local community’s real estate needs.  Feel free to call on us at any time to answer questions, provide market information, or help you buy, sell, exchange or manage your next real estate endeavor!

 

 

2 GENERATIONS – OVER 56 YEARS OF SERVICE

(310) 453-1172

3020A Wilshire Blvd, Santa Monica, CA 90403, USA

©2019 by Molloy Real Estate Services