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.

 Offered at $574,999

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

VIRTUAL SHOW (click here): http://www.realestateshows.com/show.php?id=167295&traffic=0

OFFERED AT $549,000

Call us for a tour or more information 818.421.2065 Vincent Ambrose/realtor

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

 VIRTUAL SHOW (click here): http://www.realestateshows.com/show.php?id=170905&traffic=0

 OFFERED AT $ 549,000

VIRTUAL SHOW (click here): http://www.realestateshows.com/show.php?id=170905&traffic=0  or call Vincent Ambrose/realtor 818.421.2065 for more information

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.

FEB-07-07            SOUTHLAND REGIONAL ASSOC. OF REALTORS                         

2:36 PM                 SALES STATISTICS BY ZIP CODE  

JANUARY, 2007

   --------------------------------------------------------------------------------  

ZIP/CITY                     #SALES        AVERAGE MARKET DAYS                S.PRICE

91040  Sunland               7                      117                             487,000 

91302  Calabasas            24                    157                          1,875,000 

91303  Canoga Park         6                       97                             509,990 

91304  West Hills             17                     97                             569,000 

91306  Winnetka              22                   119                             545,000 

91307  West Hills             18                     87                             598,000 

91311  Chatsworth            17                   169                             680,000 

91316  Encino                   14                  106                             625,000 

91324  Northridge             17                   124                             599,000 

91325  Northridge              8                     91                              535,000 

91326  Northridge             24                   122                              810,000 

91331  Pacoima                31                   104                             519,000 

91335  Reseda                 29                     89                              495,000 

91342  Sylmar                   33                  122                              510,000 

91343  Sepulveda              24                  118                              580,000 

91344  Granada Hills          29                  113                              565,000 

91345  Mission Hills             4                    91                              487,500 

91352  Sun Valley              12                    79                              480,000 

91356  Tarzana                 15                   142                             920,000 

91364  Woodland Hills       25                   121                             800,000 

91367  Woodland Hills       23                   110                             775,000 

91401  Van Nuys               11                     89                             600,000 

91402  Panorama City         8                    89                              530,000 

91403  Sherman Oaks        16                  107                             875,000 

91405  Van Nuys                 7                  126                              630,000 

91406  Van Nuys               17                   141                             579,000 

91411  Van Nuys                5                   140                              665,000 

91423  Sherman Oaks         13                  95                             820,000 

91436  Encino                     14                  86                           1,040,000 

91601  North Hollywood       6                   105                             618,000 

91602  Toluka Lake            2                   121                              779,000 

91604  Studio City              8                   101                           1,255,000 

91605  North Hollywood      14                   86                              530,000 

91606  North Hollywood      12                  112                             550,000 

91607  North Hollywood      15                  103                             687,500

SFV SINGLE FAMILY Sales Statistics By Area

Provided by S.R.A.R

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 ABOUT CHATSWORTH?

• 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.

VIRTUAL SHOW (click here): http://www.realestateshows.com/show.php?id=152104&traffic=0

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. 

PROPERTIES FOR SALE IN CHATSWORTH(click here): http://idx123.realtytech.com/(S(lekjm135ccqt5dudoqzw4555))/SearchResults.aspx?searchId=d31f3f5b-af4b-4151-ba9b-2d538e43bcde

Chatsworth History:

Tucked in the Northwest corner of the
San Fernando Valley and lying at the foot of the unique and picturesque rocky formations of the Santa Susana Mountains, Chatsworth has been home to Indians, Spaniards, Mexicans and settlers during the course of its history.

Early Indian tribes in the area included the Gabrielino, Chumash and Alliklik tribes.  The dominant of the tribes was the Gabrielino, who inhabited a village near what is now the railroad tunnel just North of Chatsworth St.  There have been many relics and cave drawings recovered that give testament to these Indian tribes.

Commissioned by the Viceroy of Spain, the Spaniards first came to the San Fernando Valley on August 5, 1769.  In 1797 Padre Fermin de Lasuen brought three families from another mission and started the Mission San Fernando.  After the mission was constructed, the Valley became known as the San Fernando Valley.  A trail that led from the San Fernando Mission to the Santa Barbara Mission ran through Chatsworth and is believed to be modern day San Fernando Blvd.

With their successful revolt over the Spanish, the Mexicans took control of California and the San Fernando Valley in 1822.  The Mexican flag flew at the Mission San Fernando from 1822 to 1848.  In 1847 American solders came to the San Fernando Valley and signed a treaty with the "Californians", a group of people who wanted California to be a separate republic. In 1848, after warring with the Americans, the Mexicans signed a treaty that gave California to the United States.  On September 9, 1850 California became the 31st state to join the union.

George R. Crow filed a subdivision map called Chatsworth Park on March 10, 1888.  This is believed to be the real birthday of modern day Chatsworth.  Chatsworth is the name of Duke of Devonshire's estate in England.

In 1890 Chatsworth's first post master was appointed and in 1893 the rail road came to town.

In 1913 the Owens River Water was brought to the San Fernando Valley, water rights were owned by the City of Los Angeles.  The City of LA offered to sell water to Chatsworth if they agreed to become part of the larger city.  In 1914 people voted to become part of the City of Los Angeles.

Chatsworth experienced significant growth in the post World War II era, as population of the whole San Fernando Valley grew.  But Chatsworth experienced its largest period of growth in the s1960's.  This time period saw the approval of a 787 acre industrial tract that elevated Chatsworth from just a bedroom community of Los Angeles.

Currently Chatsworth is a vibrant community of 37,000 residents.  Highlighted by a large industrial base and numerous residential pockets, Chatsworth residents enjoy a mild climate, beautiful natural scenery and close proximity to cultural opportunities of Los Angeles.

A special thanks to Virginia Watson and her publication Chatsworth History and the Chatsworth Historical Society for their sponsorship of the publication.

It can be found in the new Chatsworth library and is a great read.

You can also access more historical information at the Chatsworth Historical Society website.

Team Ambrose/Realtors -  For Chatsworth, CA real estate, new homes for sale, home mls listing search and homes sales and buying. Visit www.WesellChatswoth.com