This charming home has 2 bedrooms, 1 bath. It sits on a beautifully landscaped lot (7500 sqft. Lot) which includes a water fountain and gazebo. There is a detached office/artist work shop. Newly painted and shows great. Potential for developing larger home - preliminary drawings for a 2800 sqft. home. This home is only minutes away from Malibu/Santa Monica.
Fantastic Winnetka home! Recently upgraded and expanded to 1,721 sqft. Featuring recessed lighting, new paint, plumbing, air conditioning and heating. Roof is one year new. The kitchen is accented by new granite counter tops plus a formal dinning room. (Third bedroom was converted to dinning room) The inviting floor plan is open and airy! Back yard highlighted by numerous citrus trees, open air patio, two car garage and additional storage shed. RV access
Wonderful home is not on the market yet! This gorgeous home was built in 2001, It features 3 bedrooms & 2.50 baths. Granite counter tops and newer appliances accent the kitchen. Cathedral ceilings and recess lighting in all bedrooms. Master bedroom with own bathroom and walk-in closet. Enjoy the lovely individual patio with lucious trees and plants. This is truly a must see! HOA Fee is only $100.00 per month. Call us to preview home or for more information at 818.421.2065 Vincent Ambrose/realtor
End of Spring festival - Saturday, June 2nd,2007 (11:00am to 7:00pm)
Location - 23449 Lake Manor Dr., next to the Chapel
9th annual, Free community event highlighted by music, arts, craft, games, prizes and food. Great for kids and adults alike! For more information, contact Sandy at 818.999.4905
Fouth Annual - Day of the horse - Saturday, June 2nd, 2007 (11:00am to 3:00pm)
Location - 21126 Chatsworth St. (just east of Canoga Ave.)
The Chatsworth Neighborhood Council and Ride On Therapeutic Horsemanship. Ther will be horse displays, food and exhibits, as well as mini-horse cart rides, vaulting and jumping, dressage and Cavalry demonstrations. The event will celebrate horses, Chatsworth's Western heritage and the special services that Ride On provides. Parking and admission are free.
San Fernando Valley Home Resale Activity Remains Strong
BY WINNIE DAVIS, SRAR PRESIDENT, AND DAVID WALKER, MEDIA CONSULTANT
Even as some buyers hesitated due to fears over the impact on the market of potential problems with a limited number of high-risk home loans, sales activity in the San Fernando Valley came in stronger than expected for the first quarter of 2007, the Southland Regional Association of Realtors said.
And, resale prices adjusted to the more methodical activity level with a modest decline, the association also reported.
A total of 1,867 single-family homes changed owners from Jan. 1 through the end of March, a decline of 13.3 percent over the same period in 2006. Condominium sales of 753 units were 11.3 percent behind a year ago.
Local activity during March alone for single-family homes and condos came in at 17.2 percent below a year ago - better than the 20.8 percent decrease in home sales reported for March throughout all of California. The local report further bolstered arguments that the economies of Los Angeles and the San Fernando Valley remain vibrant and can adjust to the new balanced residential real estate market.
"Perceptions have not matched the realities on the ground when it comes to local home sales and prices," said Winnie Davis, President of the Southland Regional Association of Realtors. "A sharp drop in sales or prices has not happened and seems unlikely. Smart home buyers understand that today's wealth of opportunities outweigh any potential risk, especially if you're buying a home with the intent of staying in it for years to come."
Yet a steady drum beat of reports regarding potential problems in the so-called subprime loan market - where a limited number of loans were made to buyers with weak credit histories - have prompted some buyers to sit on the sidelines when they might be better served by jumping in while interest rates remain near historical lows.
"Publicity about an impending down market may be a self-fulfilling prophecy, but right now the numbers do not indicate that either prices or sales are plummeting," said Jim Link, the Association's Executive Vice President. "We believe home resale prices will stay pretty flat or go down slightly, but not enough to warrant waiting a long time to buy."
Indeed the median price of the 1,867 homes sold during 1st quarter 2007 was off less than 1.0 percent to $606,000. The 1st quarter 2006 single-family median price was $607,700. Likewise, the condominium median price of $393,000 was down a modest 2.1 percent.
The median price reported for the single-family homes sold during March was off 3.3 percent while the condominium median was unchanged from the prior year.
Link and Davis said that too many consumers also believe incorrectly that the number of homes listed for sale has tipped the balance in favor of buyers.
True, the number of active listings has increased, rising 27.6 percent during the 1st quarter to 5,716 properties. Yet the market had been so hot and the inventory driven so low for so many years that any increase now seems to be dramatic.
However, at the current pace of sales, the 5,716 active listings represented a 5.2-month supply. That compares to a 3.6-month supply for the same period of 2006.
"A balanced market, where buyers and sellers are on equal footing, is near a 5- to 6-month supply," Link said. "Over the last 20 years the average has been a 6.7-month supply."
During the depths of the national recession of the 1990s the inventory hit a record high of 14,976 active listings, which was a 17.6-month supply at the then current pace of sales.
That was a true buyers' market, Link said, but today's 5.2-month supply offers opportunities, risks and rewards for buyers and sellers equally.
Did you know Hoppy, Gene, Roy and hundreds of other cowboys made movies at the Iverson Ranch in Chatsworth between 1912 and the late 1950s?
Did you know the opening scene of every Lone Ranger episode was filmed in Chatsworth. 800 acres of the original ranch now belongs to the Santa Monica Mountains Conservancy.
Did you know that Roy Rogers once owned most of the property that now contains the Trails Community at Chatsworth and Owensmouth?
Did you know that Errol Flynn once owned a hunting lodge in Chatsworth and built a dam that still remains just north of the 118 freeway near Browns Canyon Road?
Did you know that Mr. Ed, the equine star of the 1960s sitcom, once lived in Chatsworth near Topanga and Devonshire?
Did you know that Val Kilmer, Tombstone's Doc Holiday, went to Chatsworth High School?
Did you know that Val Kilmer lived in Roy Rogers's old residence?
Did you know that Kevin Spacey attended Chatsworth High?
Did you know that Kevin Spacey named his production company (Trigger Street Production) after Trigger St. in the Roy Rogers Estates in Chatsworth? (The name "Trigger Street" is a reference to an actual street in Spacey's boyhood home of Chatsworth, where Roy Rogers and Dale Evans (and Roy's horse Trigger) had their ranch. Spacey and his childhood friends dreamed of opening a neighborhood theater where they could stage their own "Trigger Street" productions).
Did you know that Disney's Zorro television series was filmed in Chatsworth during the late 1950s?
Did you know that cowboy film star Montie Montana is buried in the Oakwood Cemetery?
Thanks to the Chatsworth Historical Society for some of the Did you Know tidbits
Absolutely Stunning Tuscan! Complete remodel. Cathedral ceilings and artful wrought iron greet you as you stroll through this lovely home. The family chef will love the gourmet kitchen with upgraded cabinets, granite counter tops and stainless steel appliances. Master bathroom includes a spa tub and separate shower. A unique library /office /bonus room located on second floor. Designer paint, wired for surround sound, CAT 5, travertine floors, and many more upgrades! Desirable Sherman Oaks neighborhood.
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Click on the link below to view condos, townhomes and homes for sale in Chatsworth, CA. Team Ambrose can help you find the perfect home for you! We have SOLD over 55 homes in Chatsworth alone! Please visit our web-site or give us a call at the phone number below for more informantion.
LRS Realty & Management, Inc. (LRS) is a family owned and operated full service Property Management Company established in 1988. We serve the San Luis Obispo, Kern, Ventura, and Los Angeles County Areas.
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