L.A. real estate news and insights.
Here is the cheapest home sold this week in North Hollywood.
Asking price: $899,000
Selling price: $850,000
This home has 2 bed/2 bath, 1,250 sq. ft. of living space, and is on a 6,623 sq. ft. lot.
The home features a remodeled kitchen, double pane windows, an enclosed patio, and original refinished hardwood flooring.
Tommy Lee re-lists Calabasas home.
Asking price: $4,599,000
This hillside home has 6 bed/8 bath, 9,991 sq. ft. of living space, and is on a 12,258 sq. ft. lot.
The home features a central atrium with a retractable roof, a professional recording studio, and a screening room with a concessions bar.
The backyard has a private pool and spa overlooking the city views.
Text me for more info at 818-445-7953.
Asking price $1,299,999
For the general location, in Google maps, put in "Huntington Dr. and Alhambra Rd."
This home has 2 bed/2 baths, 1,392 sq. ft. of living space, and over 6,616 sq. ft. for the lot.
Text me for more info at 818-445-7953.
For the general location, in Google maps, put in "Reseda Blvd. and Nordhoff St."
This corner lot home has 3 bed/2 baths, 1,542 sq. ft. of living space, and over 6,151 sq. ft. for the lot.
The updated home features a remodeled kitchen with a breakfast bar, and the 2-car garage has been converted into a home gym.
Text me for more info at 818-445-7953.
If you own a home in Southern California, it’s probably increasing in value every single day. But how much? The New York Times analyzed the last decade of single-family home prices and found that homes in San Jose had a net daily value increase of $266, the highest of any metro area in the country.
Unsurprisingly, California cities took the top four spots on the list with San Francisco ranking second at $208, Anaheim ranking third at $146, and L.A. ranking fourth at $123.
Here is the cheapest home sold this week in Mid-City LA.
Asking price: $795,000
Selling price: $775,000
This home has 3 bed/2 bath, 1,265 sq. ft. of living space, and is on a 2,000 sq. ft. lot.
The fully renovated home has a new kitchen, bathrooms, windows, flooring, mini-split AC, electrical, plumbing, etc.
It is close to Midtown Crossing shopping center and just minutes from K-Town, DTLA, West Hollywood, and Beverly Hills.
Imagine Dragons singer Dan Reynolds buys a Mid-Century Modern home in Los Feliz.
Asking price: $6,250,000
Selling price: $5,800,000
This extensively renovated home has 4 bed/5 bath, 6,136 sq. ft. of living space, and is on an 18,290 sq. ft. lot.
The home features indoor/outdoor living with custom floor-to-ceiling steel Fleetwood doors, a screening room, a private office, and a rooftop deck with views of the city.
The private backyard has a saltwater pool, fruit and palm trees, and a guesthouse/ entertainment space with a built-in bar, steam shower, bath, and temperature-controlled wine room.
For the general location, in Google maps, put in "Plummer St. and Balboa Blvd."
This home has 3 bed/2 baths, 1,700 sq. ft. of living space, and over 7,600 sq. ft. for the lot.
The newly updated home features gray laminate flooring, recessed lighting throughout, and a marble fireplace in the living room.
The backyard has a large, covered patio with a fire pit and a grassy area.
Text me for more info at 818-445-7953.
For the general location, in Google maps, put in "Wilshire Blvd. and Westwood Blvd."
This condo has 3 bed/4 baths and over 2,800 sq. ft. of living space.
The building features include 24 Hour Concierge, valet parking, a pool and spa, a state-of-the-art fitness center, a banquet room, a library, and two additional social rooms.
Text me for more info at 818-445-7953.
In my 14-year career, I have never seen interest rates climb so quickly in such a short amount of time. They were in the high 2% range earlier this year.
Source: CNBC
This is the most expensive condo for sale this week in Century City.
Asking price: $10,250,000
This full-service condo has 3 bed/4 bath, 4,158 sq. ft. of living space, and there are 35 units in the building.
The condo features jaw-dropping unobstructed views of the ocean, downtown, mountains, and city.
The building amenities include concierge service, 24-hour security, valet, conference, Pilates, massage rooms, fitness center, saltwater pool, and more.
Text me if you want a tour at 818-445-7953.
Best “fixer-upper” sold this week in Burbank.
Asking price: $975,000
Selling price: $925,000
This home has 2 bed/2 bath, 984 sq. ft. of living space, and is on a 6,020 sq. ft. flat lot.
Sold "as-is" in the highly desirable Magnolia Park neighborhood. Close to #WanerBros and #DisneyStudios.
For the general location, in Google maps, put in "Sepulveda Blvd. and Valley Vista Blvd."
This home has 6 bed/5 baths, over 3,900 sq. ft. of living space, and over 16,000 sq. ft. for the lot.
The multi-level home features views from every room and multiple balconies.
The terraced backyard has a lap pool and ample patio space, perfect for entertaining.
Text me for more info at 818-445-7953.
I have reached out to a ton of multi-unit property owners to see if they are interested in selling. The #1 response I get from the owner is that they can’t sell because their tenant stopped paying rent, they refuse to vacate the property, and the owner is not allowed to evict them. No one wants to buy a property where you have to take over that type of situation.
Looks like changes are coming soon.
Los Angeles County will move forward with a plan to lift its pandemic-era eviction moratorium and other renter protections by the end of the year, according to a 3-2 vote Tuesday by the Board of Supervisors.
The county’s moratorium, which took effect in March 2020, has protected tenants against evictions for nuisance, unauthorized occupants, and not providing entry to landlords.
With the eviction moratorium coming to an end, I’m predicting a huge increase in multi-unit properties hitting the market in 2023.
Here is the cheapest home sold this week in Newhall.
Asking price: $599,900
Selling price: $625,000
This starter home has 2 bed/1 bath, 900 sq. ft. of living space, and is on a 5,454 sq. ft. lot.
The home has hardwood floors throughout, stainless steel appliances in the kitchen, and a newly remodeled bathroom.
