michael jacobs: Pasadena, CA - Park California Condos 497 East California Boulevard - 05/13/13 12:25 AM
Pasadena, CA - Park California Condos 497 East California Boulevard
 

 
 
 
 
 
 
 
 Park California is a 74 unit condominium complex in a popular close-in neighborhood of Pasadena.   Built in 1980, Park California is located at 497 East California Boulevard(northwest corner of Oakland) with easy access to the many shopping, dining and entertainment options on South Lake Avenue, Paseo Colorado and Old Pasadena.   Transportation options including the Arroyo Seco Parkway(110) as well as the Foothill(210) and Ventura(134) freeways plus multiple Gold Line stations.
 
  
 
The single level condos range in size from … (14 comments)

michael jacobs: Pasadena CA - Allen Square North Condos 125 North Allen Avenue - 05/12/13 02:22 AM
Pasadena CA - Allen Square North Condos 125 North Allen Avenue
 

 
 
 

 
Located at 125 North Allen Avenue, Allen Square North is a 75 unit condominium complex in a convenient Pasadena neighborhood.   The Gold Line light rail station at Allen as well as the Foothill(210) Freeway are just minutes away as is Colorado Boulevard where you can have front row position at annual Rose Parade each January.   In addition, both Pasadena City College and California Institute of Technology are quite convenient to this Pasadena condo complex. Shopping, dining, entertainment and culture are also easily accessible. … (13 comments)

michael jacobs: Los AngelesCA Eaton Crest Monterey Hills Condos For Sale Market Update - 05/11/13 10:23 AM
Los Angeles CA - Eaton Crest Monterey Hills Condos For Sale & Market Update
 

 
This is a market update of Eaton Crest condos for sale.  Located in Monterey Hills area of Los Angeles, Eaton Crest was built in 1981 and with 198 single level condominiums is the largest complex in the planned community.   The beautifully maintained grounds include pool, spa, community room and lush landscaping.   
 

 
There are two separate buildings, four elevators and subterranean parking.  Units range from a studio unit(only one in the building) to a two bedroom/den/two bath plan.   Some of the … (11 comments)

michael jacobs: Los Angeles - Visionary Buyer Meets Fixer Upper in Glassell Park Hills - 05/07/13 04:38 PM
Los Angeles -- Visionary Buyer Meets Fixer Upper in Glassell Park Hills
 

 
 
 
 
I recently represented the buyer of this mid-century view home in the Glassell Park Hills area within the city of Los Angeles.   As expected, there were multiple offers on this multi-level home with spectacular canyon views(yes, you can see Dodger Stadium from one of the bedrooms) but my client was able to purchase below list price as well as receive a credit for deck work that was discovered during the inspection process.
 
While I cannot guarantee the same results for you - … (18 comments)

michael jacobs: Pasadena CA - South Orange Grove Condo & Townhome Market Update - 05/03/13 12:18 AM
Pasadena CA - South Orange Grove Condo & Townhome Market Update
 

 
 
The South Orange Grove Boulevard corridor is home to some of the most luxurious condo and townhome complexes in Pasadena and throughout the San Gabriel Valley.   This area is known as “Millionaires Row” for the grand mansions that once lined the wide boulevard.   
 
South Orange Grove Boulevard is highly convenient to Old Pasadena where you will find a wide range of restaurants, shopping and entertainment.  Located between the Arroyo Seco Parkway(110) and the Foothill(210) and Ventura(134)freeways, access to Downtown Los Angeles as well as … (10 comments)

michael jacobs: Los Angeles CA 6140 Monterey Road Surfwood Monterey Condos - 04/30/13 10:07 PM
Los Angeles CA 6140 Monterey Road Surfwood Monterey Condos
 
 

 
This is a market update for the Surfwood Monterey condominium complex.  Located at 6140 Monterey Road in the Hermon area within the city of Los Angeles, zip code 90042,  the 92 unit complex was built in 1989.   
 
Enter through a lobby where the elevator will lead you to one of three interior courtyards.   The individual residences consists of two bedrooms and two baths in a variety of floor plans.   Features include:  angled walls, architectural niches, fireplaces(some have two), in-unit laundry connections, patio or balcony areas and … (18 comments)

michael jacobs: Fresco Community Market Wine and Cheese Tasting Event April 27, 2013 - 04/16/13 11:53 AM
Fresco Community Market Wine and Cheese Tasting Event April 27, 2013
 

 
 
 
 
Fresco Community Market in the Hermon area within the city of Los Angeles presents a Wine and Cheese Tasting Event on Saturday, April 27, 2013.   This fundraising event is being held in support of A Community of Friends - a non-profit organization.    This first exclusive event will be held at Fresco Community Market located at 5914 Monterey Road in Hermon - just east of the Arroyo Seco Parkway(110) between Avenue 60 and Via Marisol.  Tickets can be purchased at the store or by calling … (11 comments)

michael jacobs: Is That A (Pocket) Listing or are You Just Happy To See Me? - 04/11/13 08:01 AM
 
 
Is That A (Pocket)Listing or are You Just Happy To See Me?
 
At our office meeting this week, we discussed a hot topic in Pasadena and San Gabriel Valley real estate - pocket listings.  With our extreme sellers’ market, pocket listings are becoming quite common.
 
 
 

 
 
 
 
 
First what is a pocket listing?
 
According to the California Association of Realtors(CAR) a pocket or off-market listing generally refers to a listing agreement that an agent has obtained but does not place on the multiple listing service(MLS).   A “pocket listing” is not … (38 comments)

michael jacobs: San Marino CA Real Estate First Quarter 2013 Market Update - 04/09/13 08:03 AM
San Marino CA Real Estate First Quarter 2013 Market Update
 

 
 
 
San Marino, California is a small city within the city of Los Angeles where you will find only single family homes as a housing option.   Impressive homes on tree-lined streets with beautifully manicured lawns are a part of the community which is a desired address in the San Gabriel Valley.   Highly acclaimed schools and a small town atmosphere along with the Crowell Public Library, Lacy Park and the Huntington Library, Art Collections and Botanical Gardens further enhance the appeal of San Marino.  
 

 
(14 comments)

michael jacobs: Are We Sabotaging Potential Listings With Talk Of Limited Inventory? - 04/02/13 09:12 PM
Are We Sabotaging Potential Listings With Our Talk About Limited Inventory of Homes For Sale?
 



The other day...I was thinking
 
about the limited inventory of homes available for sale in Pasadena
 
and throughout the San Gabriel Valley.
 
I don’t like it..
 
not at all...
 
I don’t like it as a buyers’ agent
 
nor do I like it when attempting to be a sellers’ agent
 
 
It’s time to hit the prospecting trail for listings
 
with gusto
 
with a mission and lots of confidence
 
but
 
the … (49 comments)

michael jacobs: Congratulations on the Accepted Offer! Don't Celebrate Yet - 03/29/13 04:10 PM
Congratulations on the Accepted Offer!  Don’t Celebrate Yet
 

 
 
 
Congratulations on your accepted offer.   Don’t celebrate yet!
 
Whether you are a seller or a buyer you’ve hit an important milestone.   But don’t break open the champagne.   Not yet.  
 
There is still a long way to go until the keys are yours or the closing check is in your hands.
 
Yes, I come from the cautious side of the world -- I’ve been doing this for a while and I know what’s ahead for you.  
 
There are contingencies to be removed.  Inspections … (15 comments)

michael jacobs: Pasadena CA Homebuying Q&A - Why Won't The Seller Respond to My Offer? - 03/27/13 04:33 PM
Pasadena CA - Homebuying Q&A - Why Won’t The Seller Respond to My Offer?
 

 
You’ve found it --- the perfect or as close to perfect-as-it’s-gonna-get Pasadena house for sale.  To say you are excited may be the greatest understatement of your days or weeks or months long search(I’m soooo sorry if you must say years long search).
 
Along with your agent, you prepare your offer.  During the process, your agent informs you there are quite possibly going to be multiple offers on the property.   
 
You say ---  Well, the seller will respond to my offer, … (14 comments)

michael jacobs: Are You Working With A Realtor? When You Hesitate to Respond... - 03/25/13 04:47 PM
Are You Working With A Realtor?   When You Hesitate To Respond, I Know Something’s Up and It’s Probably Not Good
 

 
 
It seems like a simple enough question -- and I don’t ask it in a threatening way --
 
Are you working with a local Realtor?
 
What’s his/her name?
 
Great, oh I know so-and-so -- good choice.
 
Oh, I don’t them but I’m sure they’ll be happy to answer the questions you have about such-and-such --- let me tell you about this property.   
 
This is the kind of interaction that goes on … (27 comments)

michael jacobs: Downtown Los Angeles -- Loft at The Rowan - Price Reduced - 03/23/13 12:55 PM
Downtown Los Angeles -- Loft at The Rowan - Price Reduced
 

 

 

 
 
 
This Downtown Los Angeles studio loft unit at The Rowan has been reduced in price to $1750 per month.  The Rowan is a circa 1912 historic landmark building which has been beautifully restored.  Its impressive presence at the corner of Spring and Fifth streets is a wonderful example of architectural excellence and the entrance conveys the understated elegance of the era.   A 24 hour door attendant greets your guests and a private residents only lounge is available to you as is … (15 comments)

michael jacobs: Pasadena CA One Bedroom Condo at 2444 East Del Mar Blvd @ The Greenery - 03/19/13 09:11 AM
Pasadena CA - One Bedroom Condo at 2444 East Del Mar Blvd @ The Greenery
 

 
 
 
Today, my new listing - a one bedroom condo at 2444 East Del Mar in “The Greenery” complex in Pasadena was open for the first time for brokers and anyone else who wanted to attend.    As part of my marketing program, I promote the broker caravan to both the real estate community as well as the public.
 
This makes it easy for a broker to send a potential buyer should scheduling be an issue.   This obviously increases the exposure my … (16 comments)

michael jacobs: Los Angeles CA - It's Time to Hit The Pool In Monterey Hills - 03/13/13 02:29 AM
Los Angeles CA -It's Time to Hit The Pool In Monterey Hills



 
While the calendar may tell us it’s still Winter, the temperatures are predicted to hit the 80 degree mark today and into the weekend in Los Angeles.  In the planned community of Monterey Hill  that means - it’s time to hit the pool.    
Located just east of the Arroyo Seco Parkway(110), this hillside location is quite convenient yet relatively unknown -- Monterey Hills is really a hidden treasure.   Consisting of nearly 20 different complexes ranging in size from 16 single family homes to nearly 200 … (23 comments)

michael jacobs: Newer Construction Oak Hill Estates in Hermon Area of Los Angeles - 03/12/13 03:50 AM
Los Angeles CA - Newer Construction Oak Hill Estates in Hermon Area




 
Finding new construction single family homes in a convenient to Downtown Los Angeles location is not easy but there are currently two choices in the Hermon area of Los Angeles,   Oak Hill Estates is a development located just east of the Arroyo Seco Parkway(110) exit of Avenue 60.   Located north of Avenue 60 and east of Pinecrest Drive these two and three story homes are not far from the Fresco Community Market.  This highly convenient location is adjacent to the city of South Pasadena … (22 comments)

michael jacobs: Pasadena CA - Arroyo Terrace Condos Near Historic Prospect Park - 03/11/13 03:13 AM
Pasadena CA - Arroyo Terrace Condos Near Historic Prospect Park


Located adjacent to Prospect Park in Pasadena, Arroyo Terrace offers 33 single level condominiums in three buildings.   With beautiful grounds, gardens and pool, the setting offers an opportunity to live in one of Pasadena’s most historic neighborhoods where you will find many fine examples of the city’s most significant architecture.   


The homes range from one bedroom/one bath to two bedrooms/two baths/den and feature either a patio or balcony enhancing the indoor-outdoor feel.  Some of the condos feature nice views.  The professionally managed complex is gated and … (18 comments)

michael jacobs: Sunday, March 10, 2013 Pasadena CA - The Greatest Flea Market on Earth - 03/09/13 04:33 AM
This Sunday, March 10, 2013 in Pasadena CA - The Greatest Flea Market on Earth



 
 
With the modest proclamation as “The Greatest Flea Market on Earth” - R G Canning Attractions will once again hold The Rose Bowl Flea Market in Pasadena on Sunday, March 10, 2013.   After more than 40 years of existence, this is one of the most famous and unusual markets of its type in the world.   On the second Sunday of every month more than 2500 vendors and approximately 15000 to 20000 people come to browse, shop and people watch(who knows - … (20 comments)

michael jacobs: Pasadena CA - Condo/Townhome/Loft Market Recap by Zip Code - 03/08/13 04:31 PM
 
 
Pasadena CA - Condo - Townhome - Loft Market Segment Recap by
Zip Code



This is a recap of the condo - townhome - loft market segment for the month of February 2013 in Pasadena, California.  I will also compare 2013 results to  February 2012 as well as the current inventory levels and the number of condos - townhomes - lofts in Pasadena which are in escrow. All information is from our local multiple listing service(MLS) and while deemed reliable, it has not been verified.



Inventory of properties for sale remains low … (6 comments)

 
Michael Jacobs, Pasadena And Southern California 818.516.4393

Michael Jacobs

Pasadena And Southern California 818.516.4393

Pasadena, CA

More about me…

Address: P. O. Box 587, Pasadena, CA, 91102

Mobile: (818) 516-4393

Office: (818) 516-4393

Your source for real estate information in the San Gabriel Valley and northeast communities of the city of Los Angeles including: Pasadena, Altadena, South Pasadena, San Marino, Alhambra, San Gabriel, Temple City, Arcadia, Sierra Madre, Monrovia, Duarte, Bradbury, Azusa, Glendora, Claremont, Glendale and La Canada Flintridge as well as Highland Park, Monterey Hills, Eagle Rock, Mt Washington, Montecito Heights, Glassell Park and Sagamore Park.


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