L.A. real estate news and insights.
This is the smallest home for sale in Echo Park.
Asking price: $799,000
This home has 1 bed/2 bath, 546 sq. ft. of living space, and is on a 1,625 sq. ft. lot.
This newly reimagined bungalow features, vaulted ceilings, an open concept floor plan, stainless steel appliances in the kitchen, and a large background deck.
Text me for more info at 818-445-7953.
Brad Pitt is looking to sell his historic home in Los Feliz.
This Craftsman-style home was built in 1910.
Brad bought the home in 1994 from Cassandra Peterson, star of “Elvira, Mistress of the Dark" for $1.7M.
Over the years, he has purchased multiple lots next to the original home.
The 1.9-acre property now has a swimming pool, tennis court, and skating rink.
The asking price is $40M.
Call me for more info at 818-445-7953.
This Queen Anne Victorian home has 7 bed/5 bath, 4,500 sq. ft. of living space, and is on a 21,716 sq. ft. lot.
This historic home was built in 1894 for the Burr Family.
Asking price: $1,900,000
Text me for more info at 818-445-7953.
Los Angeles Rams QB Matthew Stafford just bought this Hidden Hills estate!
Original Asking price: $13,750,000
Selling price: $10,500,000
8 bed/10 bath, 11,320 sq. ft. of living space, and it's on 1.5 acres.
There is a pool/spa, multiple dining terraces, manicured gardens, and an award-winning, wine-producing vineyard.
Let's go, Rams!
A new study has found that home prices in Los Angeles are on the decline year-over-year.
In December 2022, the median price of a home in Los Angeles was $810,000; down $40,000 or 4.7% from December 2021.
That was the second largest decline in the study for all US cities, behind only San Francisco which saw a 5.1% decrease.
Considering rising interest rates, inflation, major layoffs, and recession fears, a 4.7% decline is not that bad.
Source: RE/MAX
Here is the cheapest home for sale this week in Valley Glen. Text me for more info at 818-445-7953.
Asking price: $839,000
This home has 3 bed/2 bath, 1,437 sq. ft. of living space, and is on a 5,500 sq. ft. lot.
This is the first time this property has been on the market in 60 years!
This fixer-upper features beamed ceilings, a family room, an enclosed sunroom, a laundry room, 2 car garage, and a private backyard.
Zedd finally finds a buyer for his Benedict Canyon home!
Current asking price: $18,499,000
Original asking price: $26,500,000
Now in escrow, this home has 5 bed/5 bath, 9,151 sq. ft. of living space, and is on 3.2 acres.
The secluded, private property features a soundproofed theater, indoor/outdoor gym, atrium, and city and canyon views.
Outdoor spaces include an infinity edge pool, hot tub, patios, outdoor fireplaces, BBQ, rooftop decks, hillside gardens, and fruit trees.
Text me for more info at 818-445-7953.
Dr. Dre just sold his hilltop Calabasas Estate!
Asking price: $6,100,000
Selling price: $6,000,000
This home has 8 bed/7 bath, 9,378 sq. ft. of living space, and is on a 32,958 sq. ft. lot.
The property is in the guard-gated Mountain View estates and recently had a $1M renovation completed.
This home is known as "Domestead", a one-of-a-kind dome-shaped home in Glassell Park.
With panoramic city and mountain views, 1 bed/2 bath, and 1,787 sq. ft. of living space on a 10,869 sq. ft. lot, this is, in my opinion, the most unique home for sale in Glassell Park.
Asking price: $1,725,000
Designed by Los Angeles architect William King.
Text me for more info at 818-445-7953.
Despite the sharp increase in December, recent housing data has indicated that rents have begun to fall: Realtor.com®, for example, reports that rents have dropped in many of the nation’s hottest real estate markets after rising more than 20% over the past three years.
Also, robust apartment construction likely will raise rental vacancy rates, which could help further ease rental prices in the months ahead.
Source: The National Association of REALTORS®
Scooter Braun cuts the price on his LA estate again!
Current asking price: $19,950,000
Original asking price: $23,950,000
This home has 6 bed/10 bath, 8,500 sq. ft. of living space, and is on over 2 acres.
Text me if you want a private tour at 818-445-7953.
After 110 days of not being able to sell his property with another listing agent, the owner of this home needed to change up his selling strategy.
He had received my letters where I mentioned that I sold his neighbor’s house last August and then another one of his neighbor’s home last October. He was impressed with those record-breaking sales and decided to give me a chance. I immediately took over the listing and got to work.
My listing and marketing video received over 12,000 views online. In 19 days, we went into escrow, and now the property is officially sold!
Please let me know if you have a friend or neighbor looking to sell their property. Call/text me at 818-445-7953. Thank you!
Actor Michael B. Jordan puts his Encino property back on the market.
Asking price: $12,998,000
This Modern Farmhouse has 8 bed/14 bath, 12,300 sq. ft. of living space, and is on a 22,195 sq. ft. lot.
The home features a soundproof movie theatre, a glassed-in wine room, a gym/salon, an elevator, smart home technology, and an unparalleled security system.
The property includes an outdoor kitchen, a pool, a spa, a cabana, 2 story guest house, a massage room, and an oversized motor court.
Text me if you want a private tour at 818-445-7953.
Sellers are now definitely feeling the pressure of the market shift and are more flexible with buyers.
Los Angeles home sellers gave concessions to buyers, such as money for repairs and mortgage-rate buydowns, in 53.2% of home sales in the fourth quarter of 2022.
In the fourth quarter of 2021, 46% of LA home sellers gave concessions to buyers. That's a year-over-year change of 7.2 percentage points.
Source: new report from Redfin
Bhad Bhabie purchases a Multimillion-Dollar LA home.
Asking price: $3,195,000
Selling price: $3,040,000
This completely remodeled home has 4 bed/8 bath, 10,460 sq. ft. of living space, and is on 2.26 acres.
The home features 10 ft ceilings, an open floor plan, indoor/outdoor living, and a separate ensuite that can be a 5th bedroom or office/den.
There is a pool, spa, fire pit, covered BBQ & outdoor kitchen, and an eat-at counter in the backyard.
