Special offer

Los Angeles, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Diane and I have been going to the Festival of Books for the past 24+ years. If memory serves me correctly, we only missed the first two... Now with that said this year we did not get a new coffee mug. Usually, we get one every year commemorating our visit to the Festival of Books. This year was a total disappointment.The marketing was too vague and too discouraging. In the old days if you wanted to see an author you did not have to pay to enter. This year the message was mistakenly focused on, that you cannot get to see a panel or an author unless you pay for a ticket. Really??? False messaging. Sadly, many bought into this message including us.I told Diane it was just poor English and not clear messaging... we disagreed... on a side note I was right.So, with that said, let me tell you...
Comments 43
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Friday Funday: I thought how about a fun dinner.... I always cruise the Internet, and I saw someone post a recipe for baked cabbage. Loved the idea and it so happened I had cabbage in the fridge as well as I always have olive oil.Now I thought this would go well with bake Argentinian Red Shrimp.Then I figured how about some great Red Lobster Cheddar Bay Bisquists to accompany the dinner Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly! If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach ...
Comments 30
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
2401 San Marco Dr. Los Angeles CA 90068: Accepting Backup Offers...Directions : Head East on Franklin Ave to Cahuenga BLVD (N) first right (E)on to Dix St and first left (n) on Holly Dr. to the end turn (L) to San Marco, land is just past 2407 San Marco Dr.Remarks: Best priced vacant land in the Beach Wood Canyon area. Truly a fantastic opportunity to build your dream home in the highly desirable Hollywood Dell section of the Hollywood Hills East. This lot is equally desirable for a developer to build for spec. The house next to this lot on a more difficult upslope with smaller frontage was built recently. This up sloped lot has about 58 ft of frontage with panoramic canyon views. Just imagine being surrounded by nature and multimillion dollar homes and still be minutes from the city an...
Comments 20
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
As most of you who read my posts, we have been supporting the Los Angeles Festival of Books for the past 24 plus years. We missed the first two and then we became loyal supporters year after year. Yesterday we went and you can read my post of what I thought. Now with that said we did not go this year the second day, like we always did two days in a row. Ironically, I had an easy day with real estate today.Well, not to dwell on it here are a few Fotos that I did not post yesterday.No matter what I wish you a wonderful week ahead and if you have time enjoy reading books. Please buy and read books. Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you ach...
Comments 8
By Adam Brett, The Adam and Eric Group, Fullerton's Finest
(The Adam and Eric Group)
REAL ESTATETUESDAY TRIVIA Question: What private residence is considered the most expensive house ever built?     Answer: The William Randolph Hearst Ranch in San Simeon, California cost over $30 million, equivalent today to $276,883,320. Bill Gates recently built a home for over $40 million. It was designed by architect Julia Morgan between 1919 and 1947 for newspaper magnate William Randolph Hearst, who died in 1951. In 1957, the Hearst Corporation donated the property to the state of California. Since that time it has been maintained as a state historic park where the estate, and its considerable collection of art and antiques, is open for public tours. Despite its location far from any urban center, the site attracts roughly one million visitors per year. Hearst formally named the e...
Comments 1
By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
Here are the open houses today in Hancock Park.  Remember, some of these houses are open today before the public open on Sunday, so it's a good chance to get a head start.  Give me a call when you see one you like and you're ready to buy!! 611 LORRAINE,  Los Angeles (City),  CALIFORNIA 90005 Price: $2,799,000 Beautiful English Tudor home. Large foyer entry with sweeping staircase. Grand public rooms distingu … View Details View Photo Gallery (12) Save Property MLS# 11531559 Bedrooms: 5 Bathrooms: 3.5 Square Ft.: 4680 525 S IRVING BLVD,  Los Angeles (City),  CALIFORNIA 90020 Price: $2,695,000 A Windsor Square masterpiece circa 1919 designed by H.J. Knauer with the custom precision and detail … View Details View Photo Gallery (28) Save Property MLS# 11533799 Bedrooms: 6 Bathrooms: 3.5 Par...
Comments 0
By Ralph Gorgoglione, California and Hawaii Real Estate (310) 497-9407
(Metro Life Homes)
Have you learned about timing from this last real estate cycle? It's so interesting to me how varied and numerous opinions are when it comes to the real estate market. When to buy, when to sell.............why to buy, why to sell.............what to buy, what to sell......... how to buy, how to sell. Everyone has their opinion. I remember many discussions in 2004-2005 about whether it is the right time to sell.  So many people stated that it's the wrong time to sell because you'll lose out on potential equity. Of course, [almost] no one could foresee the mortgage crisis that followed. But my question is:  Have you learned about timing when it comes to buying and selling residential real estate? I can sort of equate this to a tennis match.  I've been playing for over 30 years, and I also...
Comments 22
By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
The U.S. housing market continues its gradual and uneven progress, despite the expiration of the home buyer tax credit. The remarkable rebound in housing activities from the initial drop following the end of the home buyer tax credit this past July adds to the belief that the risk of a double-dip downturn in housing may be disappearing.    As the housing market continues to work through the excess supply overhang, a result from the glut of foreclosed properties which is keeping home prices below their long-term trend growth, economists anticipate mortgage rates at or above 6% by the end of 2012 and expect buying activity to continue its upward momentum.  Supporting this view is the rising concern about inflationary pressures sparked by political unrest in the Middle East. While surging ...
Comments 0
By Michael Jacobs, Pasadena And Southern California 818.516.4393
So You Want To Live in Monterey Hills CA But Are Not Ready To Buy? Monterey Hills is a planned community within the city of Los Angeles but remains somewhat unknown despite its convenient location. Close to Downtown Los Angeles, Pasadena/San Gabriel Valley, Glendale/Burbank/San Fernando Valley and the Westside.  Many employees and residents at the USC Health Science Campus on Mission Road find the Monterey Hills community an ideal location. I have sold units to students and/or their parents who believe this is a wise short and sometimes a long term investment. If you are not ready to buy, Monterey Hills offers some lease opportunities as well. The Monterey Hills community's first properties opened in 1979 with Bradley Court the community's newest development constructed in 2000. Most of...
Comments 0
By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
You are moving to Los Angeles and looking for a rental property before you get settled in. Moving to a new city is stressful enough without having to find somewhere to live. Until now you have been: Searching the internet like crazy looking at areas that you may not be familiar with. You are not sure of Los Angeles property rental prices.  There are areas of the city that may not give you sticker shock. What you are looking at now might not be available when you get here. You may not know that if you move one block over you may find exactly the kind of property you are looking for. You are not sure of the school districts. You are calling 10 different listing agents trying to coordinate 10 different showings. You are getting totally stressed and losing hope of ever finding the right pr...
Comments 4
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
New to the Silver Lake market is the Allyn Morris Design Studio and  residence at 2390 Silver Ridge Avenue in Silver Lake, California Mid Century Modern architect, Allyn E Morris (1922-2009) built this unique Silver Lake Architectural of brick, steel and glass at 2390 Silver Ridge Avenue as his own personal residence and studio. The black and white photo from the 50′s shows the home as it still looks today (without the collector car under the carport!) The cantilevered space  is compact at just 1026sf but feels larger due to its height and the walls of glass that open to expansive views. The Allyn Morris Studio has a two story living room, dining and kitchen area with the master bedroom on a mezzanine. There are bright red accents throughout the house not only in the steel framing and a...
Comments 2
By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Penn Properties - Los Angeles 8033 W. Sunset Blvd., Suite 608, Los Angeles, CA 90046 Los Angeles Office: 310-844-6515   Cell: 310-866-1818 Penn Properties - Palm Springs 1775 E. Palm Canyon Blve., Suite 110-360, Palm Springs, CA 92264 Palm Springs Office: 760-992-5788   Cell: 310-866-1818 Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area. Now also selling Mid-Century Modern homes in Palm Springs.
Comments 3
Attention DTLA real estate lovers: The price list for the lofts at 940 E 2nd in the Arts District is here! Check it out: The preferred lender is Met Life and they're looking forward to getting some of these puppies closed in July. There are already several units reserved so if you're interested, jump on it! Go #DTLA!
Comments 2
By Donne Knudsen, CalState Realty Services
(Los Angeles & Ventura Counties in CA)
  With hundreds of HomePath (HP) properties available here in Los Angeles & Ventura counties and dozens more coming up soon, I get numerous calls/emails asking me about the HP loan program as well as the HP properties.    For starters, HP properties are Fannie Mae foreclosures; these are properties that were foreclosed by a lender where Fannie Mae was the investor. Because Fannie Mae holds these loans, they can revise their own conventional guidelines. As a result, there are some great benefits to purchasing one of these properties.  One of the best benefits is that HP only requires 3% down payment, which basically allows Fannie Mae to compete with FHA loan products. The HP down payment can also be from either the borrower's own funds or a gift from a relative.  The HP loan program als...
Comments 11
By Andi Grant, Helping 1st time buyers and home sellers in LA!
(310-508-4354 | FirstTimeHomeBuyerRealEstate.com)
HGTV CASTING CALL IN LOS ANGELES AND LONG BEACH! Interior Design Disasters Needed for HGTV Show! Is your home an interior design disaster?  Have words or phrases like "hideous," "that 70's show," ever been used to describe your home?  Or do you know someone that needs an interior designer intervention?  Then HGTV may be the solution for you! HGTV is looking in the Los Angeles area (within 60 miles) for Homeowners, aka "Design Victims" to cast in their Inferior Design Disaster Show!You can also be either a friend, family member or past Realtor of the homeowner!  If the applicant is a charismatic and energetic individual and a good sport, and can take a wee-bit of fun-natured jesting with a great reward in the end, please apply NOW!  Taping is set to begin in only a few weeks! ***HGTV DES...
Comments 8
By Ralph Gorgoglione, California and Hawaii Real Estate (310) 497-9407
(Metro Life Homes)
The ActiveRain Masterminds monthly challenge for May is complete, and the judges scores for each team are in! If you missed this months challenge, you can read each teams entry here: http://activerain.com/blogsview/2298127/activerain-masterminds-challenge-may-2011-foreclosures-what-s-the-best-way-to-prevent-or-handle-them- If you are new to the ActiveRain MasterMinds and want to learn what the monthly challenge is all about, you can click here about how to join and what the rules are: http://activerain.com/groups/ActiveRainMasterMinds Put your own team together and be part of the Creative Mindshare to coming up with solutions to issues in our industry! Each month, the members of the winning team will receive BONUS POINTS, and everyone else who participates will receive BONUS POINTS!!   ...
Comments 10
By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
After completing a recent 31 day challenge to post a daily article on Active Rain I paused to wonder if all the recent contests, with points as a reward, are causing me to focus too much on points.  My goal from day one was to blog for business (and that's paying dividends), but after scouring the AR site on the hunt for yet another contest, I looked at the woman in the mirror and asked, "Are you becoming a point junkie?"   I rolled past 600,000 points in complete silence in an effort to revert to my original focus--the body of work I've created of nearly 1600 real estate articles. The catalyst for my re-birth was a call I received from a stranger.  She said, and I paraphrase here, "You're doing some great things with your blog and website.  It's very authentic."    She went on to say s...
Comments 31
By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
  A 10 mile stretch of the Los Angeles I-405, the San Diego Freeway is schedule to be closed for a 53 hour period on the weekend of July 16-17 as part of the improvement project. I-405 Closures will be as follows: Northbound I-405 – 10 miles between I-10 and U.S. 101 Southbound I-405 – 4 miles between U.S. 101 and Getty Center Drive. Motorists traveling during this time are advised to use alternative routes: 5,15,23,55,57,101,118,126,210,605 and 710 freeways. Ramps in the area will begin shutting down on Friday, July 15th from 7:00 p.m., and the freeways will be closed at 10:00 p.m. This closure will continue through 5:00 a.m. on Monday, July 18th. If you are thinking of using Sepulveda Blvd. this will only be possible for local residents as it cannot accommodate the huge volume of div...
Comments 38
By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
At 5:15 this morning I booted up my computer to find several emails from far away clients.  That's the very cool thing about becoming an international agent--while I'm sleeping I'm still working, or at least my blogs and emails are out there in the world doing their global duty.  Yes, I work in "The Rain" both day and night. The first email I opened was from Cape Town, South Africa.  A job relocation will soon bring this client to Los Angeles.  We've been corresponding since he found my Active Rain blog a few months ago.  Next, I moved on to an email from Moscow (yes, as in Russia).  Again we met in "The Rain" and he will be opening a division of his company in Los Angeles later this year.  I regularly preview property for him and send him photos and written analysis on properties of in...
Comments 16
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Century City Condominium Market Report for May 2011 As most of my regular readers know I am a firm believer that you have to look at a Real Estate Market Report not just as a snap shot of the previous months activities, but rather as what the Trend is. If we observe and monitor the trend, than we can make educated predictions of activity for the near future of the Real Estate activity in a particular pocket. Unfortunately there are events that are beyond our control that will impact the local Real Estate activity. Last month there was a slowdown of the growth in the US Economy. A large part can be attributed to the earthquake in Japan, which created a shortage of parts and had a global as well as a local impact. Then there was a huge rise in the oil prices, which caused consumers to cut...
Comments 3
By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
Here’s the list of Hancock Park Homes that are open this Tuesday June 7th from 11am until 2pm – so if you want to check out what the neighborhood has to offer and see how far your dollar goes – this is the perfect opportunity.  Sometimes homes are open on a Tuesday before the public open on a Sunday, so you could be getting a jump on everyone else.  These homes are all in Area 18 which includes Hancock Park but some may be further out than the official boundaries of Hancock Park.   368 S RIMPAU BLVD,  Los Angeles (City),  CALIFORNIA 90020 Price: $4,900,000 Located in Historical Hancock Park, this 1964 impeccable Mediterranean luxurious grand home was … View Details View Photo Gallery (16) Save Property Virtual Tour MLS# 11525935 Bedrooms: 5 Bathrooms: 6 Square Ft.: 7144 500 S ARDEN BLVD...
Comments 0
By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Westwood / Century City Condos - Sales Report for May 2011: () April, March, February 2011 Number of Units Sold: 22 (39-33-25) Average Days on the Market: 77 (76-83-77) Median Price: $541,000 ($575,000-$610,000-$575,000) Average List Price: $795,700 ($767,000-$952,000-$704,000) Average Selling Price: $779,500 ($717,500-$878,000-$662,000) Lowest Price Condo Sold: $290,000 ($300,000-$257,000-$219,000) Highest Price Condo Sold: $3,275,000 ($2,800,000-$5,050,000-$2,300,000) Total Sold in Dollars: $17,151,000 (28,000,000-$29,000,000-16,500,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Century City, Westwood, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area. Stewart Penn - (310) 844-6515 | (310) 866-1818 Realt...
Comments 1
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Playa Vista Condominium Market Report for May 2011 As most of my regular readers know I am a firm believer that you have to look at a Real Estate Market Report not just as a snap shot of the previous months activities, but rather as what the Trend is. If we observe and monitor the trend, than we can make educated predictions of activity for the near future of the Real Estate activity in a particular pocket. Unfortunately there are events that are beyond our control that will impact the local Real Estate activity. Last month there was a slowdown of the growth in the US Economy. A large part can be attributed to the earthquake in Japan, which created a shortage of parts and had a global as well as a local impact. Then there was a huge rise in the oil prices, which caused consumers to cut ...
Comments 7
DTLA Series: Barn Lofts aka 940 E 2nd Hi #DTLA real estate lovers. Here's your sneak peek at the Barn Lofts, also known as 940 E 2nd, located in the Arts District in #DTLA. There are a total of 38 of these amazing architectural units, and I hear that 6 already have reservations on them. The developer is moving toward closings in July, so if this is the DTLA neighborhood that inspires you, the units start in the high 400s, and upwards from there. Located just behind Cafe Metropol, r23, and catty-corner to Sci-Arc. Welcome Home! GO #DTLA! www.CarolineSellsTheCity.com
Comments 0
Explore Los Angeles, CA
Los Angeles, CA Real Estate Professionals