beverly hills: Reduced From $85 Million to $72 Million - 630 Nimes Rd, Bel Air - 04/13/10 02:53 AM
We've seen price reductions across the board, and this listing I came across today proves to be no exception.
"Le Belvedere" - 630 Nimes Road in Bel Air (Los Angeles) was listed in February 2009 for $85 Million.
It was then reduced by $13 Million to $72 Million in August 2009.
That's a 15% price reduction!
This colossal all-steel mansion is 48,000 sq ft in size and sits on 2.2 acres. The grand  residence includes 10 Bedrooms, 14 Bathrooms, 19 fireplaces, a ballroom that can seat 200 guests, a 5000 bottle wine cellar, a gymnasium and a professional screening room.
The property … (14 comments)

beverly hills: Beverly Hills Condos Open Houses - 4/11/2010 - 04/10/10 09:06 AM

Beverly Hills Condos Open Houses - April 11, 2010 (From 2-5pm)
140 S Oakhurst Dr #PH1 - 3 Bed 3.5 Bath - $2,595,000
140 S Oakhurst Dr #202 - 2 Bed 2 Bath - $1,350,000
407 S Spalding Dr #6 - 3 Bed 2.5 Bath - $1,085,000
330 S Reeves Dr #102 - 2 Bed 2 Bath - $1,049,000
433 N Doheny Dr #303 - 2 Bed 2.5 Bath - $999,000
140 S Oakhurst Dr #101 - 1 Bed 1.5 Bath - $925,000
438 N Palm Drive #A - 2 Bed 2 Bath - $737,000
131 N Gale Dr #3E … (0 comments)

beverly hills: Speechless Sunday - Seen in Beverly Hills - 11/28/09 03:53 PM

Seen in Beverly Hills - Saturday 11/28/2009 - Taken with my iPhone
(11 comments)

beverly hills: Cat Declawing Banned In Beverly Hills - 11/18/09 03:25 AM
Finally, the City of Beverly Hills has joined the City of West Hollywood in banning the declawing of cats.
This week the Beverly Hills City Council voted 5-0 to approve the declawing ban except in the case of medical emergencies. The City of West Hollywood instituted the ban back in 2003. The City of Santa Monica has recently voted 5-1 to adopt the ban.
What surprised me was that the California Veterinary Medical Association opposed the ban, claiming "The decision to declaw a cat should be made by the owner in consultation with their veterinarian."
Last month the Malibu City … (11 comments)

beverly hills: Perseverance Pays Off - Holmby Hills House Sells for $13,200,000 - 10/30/09 03:08 AM
Perseverance Pays Off - Holmby Hills House Sells for $13,200,000
Originally listed at $27,500,000 this 12,000 sq ft 9-Bed 9-Bath has finally sold in Holmby Hills (in the Bel Air/Beverly Hills area of Los Angeles) for $13,200,000 - 50% of it's original Asking Price! The MLS describes the property as a "Grand 1930's Hollywood Georgian, completely remodeled." The house includes a hidden wine-cellar, screening room and sauna.
The property was originally listed in May 2008 and was on the market for 429 days before it finally sold ..... proving that Perseverance Pays Off, give or take a few million in the pricing.
(7 comments)

beverly hills: Beverly Hills House Sales - In Escrow as at 10/11/2009 - 10/12/09 03:46 PM

Beverly Hills House Sales - In Escrow as at 10/11/2009

Note: None of these are REO's, however there are three Short Sales in this list ***
(1 comments)

beverly hills: Greystone Mansion in Beverly Hills ... Murder, Mystery, Intrigue .... a True Story - 07/05/09 03:50 AM

Greystone Mansion in Beverly Hills - Murder, Mystery, Intrigue .... a True Story
Copyright © 2009 Penn Properties.  All Rights Reserved.
(14 comments)

beverly hills: "The Best Priced Condo in Beverly Hills" - $699,000 - 11/02/08 03:37 PM
(5 comments)

beverly hills: Is anything wrong with Liberalism? - 10/04/08 09:31 AM
While reading a Blog on the recent Vice Presidential debate, I came across a comment by an obviously conservative AciveRainer.
Why can't Liberals answer a simple question without getting snippy.
What is good about Liberalism?

This question deserves a proper answer, hence this post. But before I proceed with my answer, I was curious to see some of the titles to his posts: "Anyone excited for deer bowhunting season"; "Will somebody please sell me on Liberalism/Socialism"; "I guess the bailout isn't that urgent".
-- The definition of "Liberalism"on Wikipedia includes the following points: "A broad array of related ideas and theories … (44 comments)

beverly hills: The Los Angeles Real Estate Market Climate - What's Hot and What's Not - 09/24/08 12:11 PM
The CLAW MLS (Combined Los Angeles / Westside MLS) has published an interesting area map of Median Sale Prices for single family homes, highlighting which areas in Los Angeles have been "hot" and which have not. (The Median Sales Price is that price at which 50% of all homes have a lower price and 50% of all homes have a higher price).
The period examined is for August Year-to-date 2008, compared to the same period in 2007. 
Single family homes in the Sunset Strip Area has seen zero change in the Median Sale Price ($1,547,500) while West Hollywood has experienced a … (0 comments)

beverly hills: Cecil B. DeMille Estate - Still For Sale - reduced to $23,950,000 - 09/19/08 04:56 PM
Originally listed at $26,250,000 in March this year, the rare and historic Cecil B. DeMille estate is still available For Sale, but now at a reduced price of $23,950,000.
Orginally built in 1913, the 11,000 sq ft house is set on over 2 acres in a gated area of Los Feliz (on DeMille Drive). The main house features 6 Beds and 10 Baths. There is also a 1,000-square-foot artist's studio as well as a pool house.
According to the MLS Listing, the property has been completely restored with attention to detail.
The property is listed by Brett Lawyer of Sotheby's Sunset.
(2 comments)

beverly hills: Urth Caffe - Exclusively organic coffeeshop - 09/08/08 04:41 AM
Urth Caffé is an organic coffee company that exclusively carries its own brand of premium, fresh roasted whole bean organic coffee and hand selected fine teas.
Although there are Urth Caffe locations in Beverly Hills and Santa Monica, my favorite is on Melrose Avenue in West Hollywood.
Place your order at the inside counter and then take a seat on the outside patio. Enjoy your meal on the terrace, taking in the good weather and watching an ecclectic array of manicured models, tanned buff bodies, movie-people, and wanna-be's too.
Their coffee is magnificent and I recommend their Cafe Mocha (It's delicious, rich and creamy and … (7 comments)

beverly hills: Forbes.com - Best cities for singles - Los Angeles in 16th place - 09/08/08 02:31 AM
In a recent list of "Best Cities for Singles" published by Forbes.com, Los Angeles ranked 16th out of 40 Cities considered. I was not too surprised, considering the vaste spread-out nature of the City - But I was curious to read which Cities took the top three places.
First Place: Atlanta - Second Place: San Francisco - Third Place: Dallas
Atlanta earned the top slot because of its nightlife, relatively high number of singles and sizzling job growth. The criteria used to formlate the list included Coolness, Cost of Living Alone, Cuture, Job Growth, Online dating and Nightlife.
The complete list and other details … (4 comments)

beverly hills: Disclose, Disclose, Disclose - 08/27/08 04:49 AM
Disclosures are extremely important in Real Estate. So as a Selling Agent in a deal where the Listing Agent fails to provide the required Disclosures one is placed in an awkward situtaion, which could have legal repercussions later on.
I'm representing a client in a REO transaction and the Agent represetning the bank sent me all the standard Disclosure documents provided by C.A.R. (California Association of Realtors), but wherever the Seller's signature should be is a bold rubber stamp claiming "Seller Exempt".This is not necessarily true.
In terms of the REO ADVISORY Disclosure that C.A.R. has prepared, the Seller in not exempt from … (11 comments)

beverly hills: Sprinkles - Decadent and Delicious - "Designer Cupcakes" - 08/26/08 09:30 AM
Sprinkles Cupcakes - If you have a sweet tooth, then you'll love Sprinkles - located at 9635 Santa Monica Blvd, Beverly Hills, 90210 (Adjacent to West Hollywood).
These are fantastically delicious cupcakes freshly baked throughout the day and made with sweet cream butter.
Adults, teenagers and children can be seen lining up on the sidewalk outside the small store in Beverly Hills, waiting to get their "fix" of this extremely indulgent treat. They have a great selection of flavors, including chocolate, ginger lemon, mocha, chai latte, orange, pumpkin and red velvet. At $3.25 each ($36 for a dozen) they're not cheap - but they are … (4 comments)

beverly hills: A peek into Candy Spelling's $150 Million Mansion - "The Manor" - 08/24/08 12:48 PM
$150 Million is a huge price for a house, but then we're talking about the biggest home in Los Angeles - Candy Spelling's Holmby Hills Mansion that she and her late husband, TV mogul Aaron Spelling, completed in 1991 at a cost of $47 Million. The enormous house is over 56,000 large and has 123 rooms.

Take a peek into the house with the CBS News video.

Watch CBS Videos Online

As blogged about a month ago, Candy Spelling is downsizing to a 16,000 sq ft condo in Century City, for which she reportedly paid … (16 comments)

beverly hills: Los Angeles rattled by 5.8 magnitude Earthquake - 07/29/08 06:52 AM
West Hollywood - Tuesday 11: 50am
Everything around me started swaying and the building was shaking. The was a rolling sensation, much like standing on deck of a ship in the middle of the ocean.
The earthquake occurred 7.6 miles deep in the earth at 11:42am (PDT) and lasted for, what seemed like, about 20 seconds.
Fortunately there appears to be no damage and noting fell over or fell of the walls.
People are bracing for after-shocks. Stay tuned...........
(16 comments)

beverly hills: Zillow's Zestimates - Dealing with Incorrect Comps - 07/24/08 04:59 AM
As more and more Buyers and Sellers use the interenet to research their decision to buy or sell property, online sites are claiming to provide useable statistics for consumers.
My gripe is with Zillow which provides Zestimates for properties.
The "Zestimate" is "Zillow's estimated market value computed using a propretary formula". 
I have recently found that an increasing number of Zillow's estimates are way off the mark: I had one Seller show me the Zestimate for his property which was over 20% above the realistic market price for his home; and another property's Zestimate was 20% under the realistic market price of that house.
So … (23 comments)

beverly hills: Candy Spelling's Condo - Record-breaking $47 Million paid for a Los Angeles Condo - 07/23/08 08:13 AM
Candy Spelling, widow of TV mogul Aaron Spelling, has purchased the top two floors of a new condo development in Century City, Los Angeles for an astounding $47 Million.
The 16,500-sq.-ft. penthouse is on the top floor of a residential tower ("The Century") currently under construction and is the highest price ever paid for a condo unit in Los Angeles.
She's paying $2,848 a square foot. 
The previous record of $2,700 was set at the same Century City tower project in February 2008. It is being reported that the Master Bedroom Suite will measure 4000 sq ft.
Mrs. Spelling is downsizing her lifestyle … (18 comments)

beverly hills: Pizzeria Mozza - The Best PIZZA in Los Angeles - 06/27/08 10:51 AM
I absolutely love pizza - so I decided I needed to find the "Ultimate Pizza in Los Angeles".
After eating at many, many pizzerias from Hollywood to Santa Monica, I am happy to report that I have finally found the most delicious, most flavorful, best crust, tastiest ingredients, and overall satisfying pizza available in Los Angeles: Mozza Pizzeria - 641 N Highland Ave, Los Angeles, CA 90038 (at the corner of Melrose) - Phone: (323) 297-0101
Celebrity chef Mario Batali, business partner Joe Bastianich, and Nancy Silverton of La Brea Bakery have created the very finest Pizza in Los Angeles. But this is no ordinary pizza - rather an unusual culinary delight.
Their … (24 comments)

 
COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate (COMPASS)

COMPASS PALM SPRINGS | Stewart Penn

COMPASS Palm Springs - Broker Associate

Palm Springs, CA

More about me…

COMPASS

Address: 830 N Palm Canyon Drive, Palm Springs, CA, 92262

Office: (760) 618-1822

Mobile: (760) 618-1822

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