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Los Angeles, CA Real Estate News

By Michael Jacobs, Pasadena And Southern California 818.516.4393
  Temple Terrace in Monterey Hills - A Unique Community The Temple Terrace community is unique within the Monterey Hills community.  It is the only complex on "The Hill" that consists of both single level condominiums in two buildings(75 homes total) and multi-level townhomes with attached garages(47 homes).   The 122 residences share beautifully landscaped grounds plus gated pool and spa.   Temple Terrace in Monterey Hills There are two properties currently available for sale and both are short sales:  a townhome with three bedrooms and two baths with approximately 1416 square feet is offered at $330,000 and a two bedroom/two bath condo with approximately 977 square feet is offered at $175,000.   Two properties are in escrow, both are condo style units.  One, a short sale, has a list ...
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By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Atwater Avenue Elementary School was the first elementary school in Atwater Village, founded in September 1922. Today the school is one of 554 LAUSD elementary schools with a student body of around 320 Atwater Village children from kindergarten through sixth grade. Parental involvement is extremely important, as is making sure the school has sufficient funds. Friends of Atwater Elementary is a non-profit group run by parents and neighbors in Atwater Village who are committed to helping the school, and its students through targeted fundraising.Coming up on Saturday, March 24, 2012, the Friends of Atwater Elementary present “Electric Blue”, a celebrity auction and charity fundraising event to raise funds for Atwater Avenue Elementary School’s new technology program. The school’s new compu...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Fremont Villas in Monterey Hills Fremont Villas in Monterey Hills Fremont Villas, located in the Monterey Hills area within the city of Los Angeles, is a 45 unit townhome unit built in 1981.  The community consists of two and three bedroom townhomes in a variety of floor plans each with a two car attached garage.  Some of the features of the townhomes include:  vaulted celings in some plans, fireplaces and hillside or city light views.   There is a pool and spa within the Fremont Villas community. There is one three bedroom townhome with a large patio area as well as balcony area with approximately 1703 square feet that is currently in escrow.  It is bank owned with a list price of $299,900 -- the condition is fairly original. In 2011, there were three sales in Fremont Villas and they r...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
This coming week is the 50th Anniversary of National Poison Prevention Week! Since it is Poison Prevention Week, let’s look at our home and garden to see how we could improve the environment for our pets. It does not matter if you are a First Time Home Owner or a long time Home Owner, I would like to remind all home owners of the poisons that lurk in your home as well as in your garden. As a Pet Friendly Realtor I try to keep up with all issues related to having a healthy environment for our four legged friends.  Ironically some items we forget and others we did not know. As I was doing my research for this post, I had one of those “Aha moments” as well as a few on the list that hit me as “I did not know that”. So hopefully if we can improve our environment around our pets, they will be...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Vallejo Villas in Monterey Hills Vallejo Villas in Monterey Hills Vallejo Villas is a 58 townhome community in the Monterey Hills area within the city of Los Angeles.  Monterey Hills is adjacent to the San Gabriel Valley and offers a lovely hillside ambience in a highly conveneint location.   Vallejo Villas was built in 1981 and offers two and three bedroom multi-level townhomes.  Each home has its own two car garage and there is a community pool and spa area.   Some of the homes offer city or hillside views.     Vallejo Villas in Monterey Hills There are no Vallejo Villas townhomes currently on the market with one three bedroom townhouse(bank owned priced at $376,900) currently in escrow.   In 2011, there was one sale which was a two bedroom townhome with a view which sold for $420,000...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Should I buy a Home Warranty? First Time Home Buyers have many questions and concerns, one of the many questions is: Should I buy a Home Warranty or not? Buyers, Sellers & Agents are debating this very question all across the country this very minute. I am just amazed how Penny Wise and Pound foolish some of the Buyers & Sellers were, who have commented against this great program. I have also notice that there have been even some questionable advices given on another Website by agents, who shall remain nameless. First let me start out with the fact that the cost of a Home Warranty generally runs around $300-$350 for a Condominium or a Townhouse or a Mobile Home in the Greater Los Angeles area. The cost for a Single Family is a bit higher somewhere in the range of $370 -$600 depending if...
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By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
Call 310-666-5052 for Immediate Assistance   Los Feliz Homes for Sale Welcome to the Los Feliz homes and real estate portal: your single stop for finding a home in Los Feliz . Here you can search every available home for sale in Los Feliz .   As of today there are many homes and properties for sale that are available to search. The number of homes changes daily, so be sure to keep coming back right here, to the best site for Los Feliz homes for sale. Get free useful buyer reports right now  
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By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
Call 310-666-5052 for Immediate Assistance  Search ALL Hancock Park Homes NOW   Hancock Park Homes for Sale   Welcome to the Hancock Park homes and real estate portal: your single stop for finding a home in Hancock Park . Here you can search every available home for sale in Hancock Park . As of today there are many homes and properties for sale that are available to search. The number of homes changes daily, so be sure to keep coming back right here, to the best site for Hancock Park homes for sale. Give me Insider Info & Tips for Home Buyers
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Wilshire Corridor condo market report for February 2012 There are presently 93 listed condos for sale on the Wilshire Corridor. 5 units have been on the market for over two years or close to two years:  two at La Tour, one at the Marie Antoinette, one at The Remington and one at The Californian. Five units have been on the market for over one year:  one at The Californian,  one at La Tour, one at The Westholme, and one at 10560 Wilshire, and two at The Carlyle. 12 units have been on the market for over 6 months. 6 units are listed as Short Pay (I am relying on the MLS here):  two at the Marie Antoinette,  one at 10560 Wilshire, one at Wilshire Selby East , one at Wilshire Selby West, and one at  the Wilshire Holmby   There are three foreclosures noted in the MLS, one at Wilshire Selby E...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Do you know the difference between Dampers and Flues? I have blogged about Fireplace restrictions in Los Angeles County previously. A fireplace in a home is now an endangered item under current code. Nevertheless if you have a home that was built before the Fireplace restriction in Los Angeles County, you should be happy. After you celebrated your good luck that you can still have an old fashioned wood burning fireplace in your home there are a few things you should know.  Google immage Every Fireplace has a chimney damper. This is a movable plate that sits above the fireplace before the flue. If you pull the lever toward you, generally that will open most of the dampers. When the damper is closed, it helps to keep heated air from going up the chimney. It also prevents the wind from blo...
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By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
Call 310-666-5052 for Immediate Assistance     Hollywood Hills Homes Homes for Sale Welcome to the Hollywood Hills homes and real estate portal: your single stop for finding a home in Hollywood Hills. Here you can search every available home for sale in Hollywood Hills. As of today there are many homes and properties for sale that are available to search. The number of homes changes daily, so be sure to keep coming back right here, to the best site for Hollywood Hills homes for sale.  
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By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
Call 310-666-5052 for Immediate Assistance     Silver Lake Homes Homes for Sale Welcome to the Silver Lake Homes homes and real estate portal: your single stop for finding a home in Silver Lake Homes . Here you can search every available home for sale in Silver Lake . As of today there are many homes and properties for sale that are available to search. The number of homes changes daily, so be sure to keep coming back right here, to the best site for Silver Lake Homes homes for sale.  
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By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
Hancock Park Homes Market Update looking back at 2011   There were 223 Hancock Park homes sold in 2011 in a wide price range from the low $200,000's all the way to over $6 million.   124 homes were sold under $1 million 68 homes were sold between $1 million and $2 million and 31 homes were sold above the $2 million mark   Digging deeper we discover that 30 of these homes were either Short Sales or Foreclosures or REO's 6 homes sold in the range up to $200 per sq/ft 20 homes sold between $200 and $400 per sq/ft and 4 homes sold above $400 per sq/ft   Compare those figures to the "standard" sales: 5 homes sold in the range up to $200 per sq/ft 59 homes sold between $200 and $400 per sq/ft and 129 homes sold above $400 per sq/ft   The lowest and the highest The least expensive home sold on...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Archangel by Robert Harris… If you have never read any books by Robert Harris let me tell you something: You are missing out on one of the best Historical Novelists of our time. He writes as if it really happened that way. Harris’s historical research is obvious, the details are amazing. I have lived until the age of 11 in Communist Hungry and my father told stories which coincided with events that happened in this book. Some of the details he included, you would not know by reading or studying World History. After reading this novel, you will doubt the historical facts as they are known and swear, that it is not how it happened, because you read Robert Harris’s version. He is my all-time favorite Historical novelist. This Story is about NKVD, KGB, Stalin, Beria, Brezhnev and post Sovie...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
This Saturday, March 17th is St Patrick’s Day! St Patrick’s Day is largely celebrated by Irish-Americans. Having lived in Boston, MA for over 10 plus years I have learned to accept it, even though it is not a federal holiday in the United States,  in Boston it was treated as such. Alcoholic drinks and food would start around 11:30am and continue on until you ran out of energy or passed out. Most people celebrated St Patrick’s Day by wearing green clothing and drinking traditional “green beer” or other “green alcoholic” beverage. Having relocated to Los Angeles, I have learned that Angelinos are not clueless; rather they just do not celebrate St Patrick as Bostonians do. This does not make them less “Irish Traditionalists” after all even in Ireland St Patrick’s Day was just a minor relig...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills Real Estate - February 2012 Market Recap Monterey Hills Real Estate - Realtor Michael Jacobs The Monterey Hills community is located within the city limits of Los Angeles and offers a variety of condominiums, townhomes and one single family development in a planned environment.  Most individual communities within Monterey Hills offer a pool, spa and a recreation/meeting room with some complexes boasting saunas, tennis/sports courts and other amenities.   The desirable close-in location offers a relatively easy commute to Downtown Los Angeles, the San Gabriel and San Fernando Valleys and Los Angeles' Westside.  Despite this highly convenient location, Monterey Hills remains somewhat of a hidden treasure unknown to many.   In 2011 a new grocery store, Fresco Community Marke...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
  Century City / Westwood, CA Condominium Market Report for February 2012   Recent data suggest that the worst may be over and that the housing sector has begun to stabilize. This was on MSN.com a widely read portal on the internet. "While we still have a long way to go back to normal, the latest numbers are one more indication that housing is slowly turning the corner," Bob Nielsen, chairman of the National Association of Home Builders, said recently. David Crowe, the association's chief economist, added, "We anticipate continued, slow improvement in housing starts and sales through 2012." Comments like this are being mentioned more often than what we have been used to seeing in the past two years. Now with that said I am still a firm believer that Real Estate is Local and in the Local...
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By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
The Tam O’Shanter is Los Angeles’ oldest restaurant operated by the same family in the same location. ‘The Tam’ as it’s known by locals, is celebrating its 90th birthday! Lawrence Frank and Walter Van De Kamp, founders of the Lawry’s Prime Rib chain, opened the Tam O’Shanter on a dusty dirt road between Hollywood and Glendale in 1922. This historic restaurant and tavern in Atwater Village has become a bit of a Los Angeles Icon.  Near the early movie studios of the area, the restaurant was frequented by many stars including Fatty Arbuckle, Mary Pickford and John Wayne. Walt Disney and his staff were such regulars there that the Tam was coined “The Disney Studio Commissary”! The Disney connection is obvious by a look around the restaurant interior where you’ll find sketches of Mickey Mous...
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By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Kitten Rescue was founded in the spring of 1997. This is a private, non-profit rescue group in Los Angeles run totally by volunteers. Kitten Rescue is devoted to finding loving new homes for unwanted and abandoned cats and kittens.  They are also dedicated to providing information to the public on responsible pet ownership, how to care for their pets and the importance of spaying and neutering to manage overpopulation problems. Since 2006, Kitten Rescue has operated the Casitas Hotel for Cats, a private, no-kill shelter and boarding facility in Atwater Village. Kitten Rescue purchased the facility in March 2006 and it houses approximately 150 cats at any given time.  Many are adoptable and waiting for good homes. Others may have chronic illnesses, or are elderly and less likely to be ad...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Playa Vista, CA Condominium Market Report for February 2012 Recent data suggest that the worst may be over and that the housing sector has begun to stabilize. This was on MSN.com a widely read portal on the internet. "While we still have a long way to go back to normal, the latest numbers are one more indication that housing is slowly turning the corner," Bob Nielsen, chairman of the National Association of Home Builders, said recently. David Crowe, the association's chief economist, added, "We anticipate continued, slow improvement in housing starts and sales through 2012." Comments like this are being mentioned more often than what we have been used to seeing in the past two years. Now with that said I am still a firm believer that Real Estate is Local and in the Local statistics ther...
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