Here's an update on 2 of my "Hot Homes" from earlier this year.
Hot Home #1: Sycamore, Pasadena
Asking price: $1,799,000
Sold price: $2,100,000
Hot Home #2: Eton Dr., Burbank
Asking price: $1,349,000
Sold price: :$1,425,000
Joe Elliot, lead singer of Def Leppard, can pour all the sugar he likes in his new WEHO condo!
Def Leppard Frontman, Joe Elliott, just bought this West Hollywood condo for $2,300,000.
This condo has 3 bed/2.5 bath and 1,793 sq. ft. of living space.
The home features an unobstructed city and ocean views.
The full-service building has valet, a doorman, pool, conference room, and entertaining areas.
Is this condo worth the price he paid?
Here is the OLDEST home sold in Altadena this week! Any guesses on the year it was built?
Would you buy a house this old?
This is the oldest home to sell this week in Altadena. It was built in 1887!
Asking price: $3,495,000
Selling price: $3,000,000
This Queen Anne style home has 9 bed/6 bath, 7,437 sq. ft. of living space, and is on a 34,614 sq. ft. lot.
The Andrew McNally Estate features carved woodwork and paneling, jeweled stained glass, 24 gas lamps including chandeliers, and a grand carved staircase rising to the second floor.
Burbank had 87 property sales for the month of August
There were 73 property sales in Burbank for August 2020.
LA is USA's 2nd least affordable housing market
I know Los Angeles is expensive, but I didn't know we rank #2!
LA has again ranked as the country’s second least affordable city for prospective homebuyers, according to a report published Monday by the website RealtyHop. The report states a family making the median income ($62,000) would have to spend over 80 percent of it on mortgage payments and property taxes.
New York, with a slightly higher median home price, ranked as even less affordable, with the average family there required to fork over 82.9 percent of income in order to buy a median-priced home.
L.A.’s median home listing price in August was $940,000. In June, when it was $955,000, the city ranked as the country’s least affordable, and New York ranked a narrow second.
Why hasn't this Studio City home sold yet? Could it be the hefty price tag?!
What do you think it's worth? Comment below...
This home has been on the market longer than any other for sale property in Studio City - 347 days!
Asking price: $12,999,999
This French Chateau style home has 5 bed/6 bath, 7,600 sq. ft. of living space, and is on 3 acres.
Text me if you want a tour at 818-445-7953.
Here is the cheapest home to sell this week in Tujunga!
Here is the cheapest home sold this week in Tujunga.
Asking price: $549,000
Selling price: $734,000
This Charming starter home has 2 bed/1 bath, 1,126 sq. ft. of living space, and is on a 5,140 sq. ft. lot.
The home features hardwood floors and a remodeled kitchen with a top-of-the-line Viking stove.
There is also a good size private backyard.
Have Tujunga home prices reached their peak?
AT LAST! A "Hot Home" available in San Gabriel!
“Hot Home” alert in San Gabriel.
Asking price: $2,099,000
This Cape Cod style home has 6 bed/3 bath, 3,121 sq. ft. of living space, and is on a 9,923 sq. ft. lot.
Text me if you want a tour at 818-445-7953.
Jeff Lewis, star of Bravo's "Flipping Out" is selling his Hollywood Hills home. Take a peek inside!
"Flipping Out" star and one of the best interior designers in LA, Jeff Lewis, has just listed his Hollywood Hills home.
Asking price: $5,995,000
This ultra-private modern home has 3 bed/3.5 bath, 3,947 sq. ft. of living space, and is on a 7,406 sq. ft. lot.
Text me if you want a tour at 818-445-7953.
89% of homes took less than 30 days to sell
Here’s a closer look at some housing indicators from NAR's July housing report:
Days on the market: Properties typically remained on the market for 17 days in July, down from 22 days a year ago. Eighty-nine percent of homes sold in July were on the market for less than a month.
First-time buyers: First-time buyers comprised 30% of sales in July, down from 34% in July 2020.
All-cash buyers: All-cash sales accounted for 23% of transactions in July, up from 16% in July 2020. Individual investors or second-home buyers comprise the majority of cash sales.
They purchased 15% of homes in July, unchanged from the 15% seen in July 2020.
Check out the cheapest condo sold this week in Burbank - the "Media Capital of the World"!
Here is the cheapest condo sold this week in Burbank.
Asking price: $585,000
Selling price: $585,000
This 2-level townhome-style unit has 2 bed/3 bath, and 1,045 sq. ft. of living space.
The kitchen has redone cabinets, stainless steel appliances, a dishwasher, and a dual-zone wine fridge.
There is a stackable washer/dryer in the laundry closet, a tankless water heater, two secured-access parking spots, and a new roof was put in last year.
Make this "Hot Home" in Sherman Oaks yours NOW!
“Hot Home” alert in Sherman Oaks.
Asking price: $2,099,000
This newer construction home has 3 bed/4 bath, 3,329 sq. ft. of living space, and is on a 6,133 sq. ft. lot.
The home features an open floor plan, chic family room with double glass doors giving access to the backyard.
Outside there is a large covered patio with a fireplace, heated saltwater pool and spa, built-in BBQ, pizza oven, and sound system.
Text me if you want a tour at 818-445-7953.
I need your referral help for the rest of 2021
Text me at 818-445-7953. 📱
Do you want to live in Leonardo DiCaprio's Los Feliz home?! Then text me ASAP!
Leonardo DiCaprio just listed his Red Oak Manor in Los Feliz.
Asking price: $5,750,000
This Tudor/Traditional home has 5 bed/8 bath, 4,644 sq. ft. of living space, and is on a 9,694 sq. ft. lot.
The private home features large-scale rooms, 3 fireplaces, vaulted ceilings, and French doors.
There is a gourmet eat-in kitchen with a walk-in pantry. 2 master suites with marble baths and large closet space.
There is a pool and spa in the backyard along with a gated driveway and privacy hedges around the property.
Text me if you want a tour at 818-445-7953.
LA real estate prices rise for 11th consecutive year
L.A.’s already pricey real estate market is getting pricier.
Los Angeles County’s 2021 Assessment Roll, which looks at all taxable property in the county as of Jan. 1, grew by $62.9 billion to $1.76 trillion — that’s the 11th consecutive annual increase.
