Welcome to the Burbank hills!
This beautiful home just hit the market and is move-in ready.
This property is definitely my favorite new listing of the week.
Off-market home in Studio City
This South of Ventura Blvd home is located in "The Donas".
Keep in mind the property is not officially on the market, but I can get you in.
Let me know if you are interested.
4610 Densmore Ave #9: Encino Condo, $499,99, Only 1 Showing, 6/15/19
See full video at DensmoreCondo.com.
We’re at 4610 Densmore Avenue in Encino just south of Ventura Blvd. I love this area!
It's one of those neighborhoods in Encino that really hasn’t changed over the years.
It’s upscale, it's safe, there’s great schools, and with all the new shops and restaurants on Ventura Blvd, it’s always a lot of fun.
This is one of my favorite 3 bedroom 2 ½ bath town house style condos on the market.
It's spacious, clean, and really bright.
There’s a beautiful kitchen with custom cabinets, large dining area, and I love that there’s no one living above you.
The unit has central AC and heat, skylights, the closets have great built-in drawers and cabinets, there’s balcony access, in-unit washer and dryer, and what’s really great is that pets are welcomed.
The complex is laid out very nicely. The pool, clubroom, and BBQ area are all next to each other. So it’s a great place for outdoor entertaining.
There are also 2 assigned parking spaces with secured access and a lot of overnight guest parking.
So if you're looking for a condo that’s in an upscale, safe, and fun neighborhood, at a really great value, this just might be the home for you.
Most expensive home to sell this week in LA
Asking Price: $25,000,000
Selling Price: $22,200,000
This property was last sold in 2012 for $3,550,000... it was vacant land at the time.
It's amazing to see what the investor did with the space.
Off market South Pasadena property
This South Pasadena condo is not officially on the market... but the seller is ready to make a deal!
Remodeling is being done as we speak.
2 bed - 2 1/2 bath, 1,111 sq ft.
Contact me if you are interested.
Coming Soon to Encino
Coming Soon to Encino: 3 bed 2 1/2 bath town house style condo, South of Ventura Blvd., under $500K.
What does "B.O.M." stand for?
Just because a home is back on the market or "BOM", that does not mean something is wrong with the home.
The buyer could have lost their job and can no longer get a loan to buy the property.
In that case the buyer would back out of the deal using their loan contingency.
It had nothing to do with the property and all to do with the buyer unable to secure financing.
"BOM" stands for "Back on Market"
Have you ever seen a house listing online and it says "BOM at no fault of seller"?
The "BOM" part of that sentence stands for "back on market".
So for this example, the listing agent is telling the public that the home is back on the market after being in escrow with another buyer and that the seller is not to blame for the home not being sold with that buyer.
I personally have never used "BOM" in any of my listing descriptions.
I don't assume the public understands what that stands for.
Can trees be a problem for my home?
A judge has ordered a Sonoma, Calif., couple to pay nearly $600,000 for uprooting a nearly two-century-old oak tree from the property they bought.
The 180-year-old oak tree was protected under a conservation easement.
The Sonoma Land Trust, a nonprofit group, sued the couple for damaging the ancient tree as well as other surrounding vegetation that was protected under a conservation easement.
The couple purchased the 34-acre property that included the tree.
They attempted to move the tree and other vegetation to a place closer to their newly built ranch home within the property.
But the heritage tree did not survive the move.
Bob Neale, director of the Sonoma Land Trust Stewardship, said the couple was made aware of the conservation easement and the terms of it when they purchased the property.
The damage was discovered in 2014 and has been in legal proceedings.
A concerned neighbor first reported to the Sonoma Land Trust Stewardship that they saw heavy equipment and digging on the property.
Neale said he found more than 3,000 cubic yards of dirt and rock had been removed, and that the 180-year-old oak tree had been uprooted without permits for the work.
Sonoma County Superior Court Judge Patrick Broderick sided with the Sonoma Land Trust and wrote in his ruling that the land owners, Peter and Toni Thompson, “knowingly and intentionally” violated the conservation rules. They “demonstrated an arrogance and complete disregard for the mandatory terms of the easement,” he wrote.
Broderick ordered the couple to pay more than $586,000 in damages toward environmental restoration and other costs.
The couple reportedly plan to file a new lawsuit. They say the damage was not intentional.
“They went into this area because they appreciated the pastoral nature of it, the scenic beauty of it,” Richard Freeman, the couple’s attorney, told The Washington Post. “They wouldn’t have wanted to do anything that was going to cause harm, damage, or scar it.”
The couple has since listed the property, including the neighboring ranch, on the market for $8.45 million.
Source: USA Today and The Associated Press
Trees on your property can cause a lot of damage.
First, check for damages to the foundation of your home.
The roots can get in there and cause major cracks.
Second, check for damages to your sewer line.
If you have a tree next to your sewer line, you probably have root intrusion.
A simple hydro-jetting of the line will clear out those roots.
However, you could have extensive root intrusion, this could lead to a broken pipe that needs to be replaced.
A sewer inspector will send a camera through the line and let you know what issues your line has.
Do this inspection BEFORE you put your home on the market.
Get any issues fixed now because the buyer is going to do an inspection and make a whole big deal about it once they get the report back showing root intrusion.
Inspection vs. Final Walkthrough
The contract also states that you have to leave your home for the buyer in "broom swept condition.”
So you don't have to hire a professional cleaner to clean up before the close of escrow, but you have to take all your junk out and make sure it's tidy.
I want to be your friend's real estate agent. What do I have to do to make that happen?
Your friend told you they were thinking of selling their home.
What do I have to do for you to refer me to that friend?
Let me know at 818-445-7953
Inspections and a final walkthrough on your home are two very different things.
Inspections are done soon after you have accepted an offer on your home.
This is where the buyer will hire inspectors to tell them everything that is wrong at your property.
A final walkthrough is done within 5 days prior to closing escrow and officially selling your home.
This walkthrough is to make sure that your property is in the same conditiontion as to when the buyer originally submited their offer.
They want to make sure you have not had a wild party and put holes all over the walls!
Can I turn my property into an Airbnb?
Before you decide to turn your place into an airbnb, you have to see what the city rules are and what the HOA rules are (if you live in a condo).
Single family homes usually don't have any issues. It's your land, so you can do what you want with it (as long as its legal and not being used for a meth lab).
Condos on the the other hand, have HOA rules in play that you have to live by.
They may not permit airbnb type rentals.
Don't like living under rules?
Buy a house!
Your HOA may not let you have an Airbnb
Many of the condos I sell have some strict rules when it comes to #airbnb.
More often than not, the rule book will state that units in the complex cannot be rented out for a period of less than 30 days.
The HOA is trying to prevent the complex from turning into a hotel.
So if you plan to make all this extra cash through airbnb, check the CC&R's first to see if it is even allowed.
