I cannot thank you enough for the awesome feedback on my last email titled " overlooked homes". Apparently I struck a nerve, so I intend to continue unless anyone objects. Today's list includes 2 overlooked homes and 1 HOT new REO listing. Read on:
1) 6461 Hanna, Woodland Hills. 3bd, 2 bth, 1,753 sq ft. $399,000
This house has been listed with 2 different brokers and reduced a bunch of times and is still NOT SOLD. It has gotten to the point now where buyers think there is something wrong with it. This could not be further from the truth. The seller made a classic blunder. Ever heard of this one " lets list it high and let the buyers negotiate it down"? Big mistake, HUGE!! Listing a house too high is the kiss of death and this poor seller did it TWICE! Bad for him, good for the next owner. The bottom is this: $ per sq ft on this house is super LOW. I dare you to find a house in Woodland Hills with this sq ft under $400K. If the numbers alone to do not blow your skirt up, then how about this: solid 50′s construction, huge family room addition, move in ready condition ( if you are into the retro vibe) and an excellent first time buyer location! Moreover, there is a case to be made for an even lower price!!
2) 23539 Welby Way, West Hills. 4bd, 2 bth, 2140 sq ft. $644,000. POOL & VIEWS
Big time overlooked house!! Everyone was buzzing about this house when it first came out, but upon viewing it, everyone cooled down a bit. First of all, this 60′s fab house is in the Las Virgenes School District-yes, you read that right! The pool is gorgeous and fenced. The views are real-not just a tiny view of a tree from the bathroom. Serious mountain views-no BS( Iam a view snob, so trust me on this one). Great location! So what is the problem???? Can you say UGLY? Yeah its pretty ugly. Super dated and needs too much work at this price. So once again, a perfectly good home gets ignored due to improper pricing. I really love this house and this location. Its been on the market now since JUNE...so if this sounds interesting to you, jump on it.
3) 20456 Coulson, Woodland Hills. 3 bd, 2 bth, 1705 sq ft. $450,000
My fingers are on fire as I type. This bank owned Carlton Terrace is RED HOT ! When I went to look at it today, I could barely park. For those who do not know, Carlton Terrace ( CT) is a large tract of homes ( 1146) between Winnetka & De Soto and Clark& Aetna. Just above Pierce College. The area is very popular due to its proximity to Warner Center. The homes are tract homes that are seen as much more contemporary that the usual Woodland Hills fare. They are rarely described as " warm and charming" because the floorplans are open, with vaulted ceilings and great indoor-outdoor flow. This house is the floorplan with the fireplace in the middle-the most popular. The house is in excellent condition with ALOT of remodeling already done. It was a 4 bd home but one of the rooms was opened up to increase the size of the living area-good call! The yard is below average-kind of small, but at this price, WHO CARES? This one will NOT be overlooked.
As usual, these are my opinions and not a statement of fact. Feel free to email or call, I usually respond within 5 minutes. Have a great day and stay dry!
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