Monterey Hills CA 2010 Market Recap - Stanford Terrace

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/462

Monterey Hills CA 2010 Market Recap - Stanford Terrace

Stanford Terrace is a 39 unit single level condominium complex located in the Monterey Hills area within the city of Los Angeles.  Monterey Hills is adjacent to the city of South Pasadena and offers easy access to transportation.  Although situated approximately six miles from Downtown Los Angeles, the setting is convenient without the hustle and bustle of living in a more urban environment. 

Monterey Hills CA 2010 Market Recap - Stanford Terrace

Many of the units in Stanford Terrace have spectacular views.  According to local multiple listing service records there were two sales in Stanford Terrace in 2010.  One was a short sale with 1475 square feet that sold for $310,000 and a first floor unit with 1203 square feet that sold for $329,000.  Combined this resulted in an average sales price for 2010 in Stanford Terrace of $319,500.

Monterey Hills CA 2010 Market Recap - Stanford Terrace

If you have any questions about Stanford Terrace or any community within the Monterey Hills area please feel free to contact me via my cell/text 818.516.4393 or michaeljacobs@coldwellbanker.com

Posted by

Michael Jacobs

 

CalBRE # 01165532

2065 Huntington Drive

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

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Ambassador
1,973,606
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Michael, could it be that people love living in Stanford Terrace so much that they don't put up their units for sale?  With relatively few sales in 2010, buyers who want to live in Stanford Terrace better do not lose time to look at any new listings.  All the best for 2011!

Jan 17, 2011 10:34 AM #1
Rainmaker
3,333,179
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Silvia --- Stanford Terrace is a popular place to live but with a limited number of units in the building, turnover has always been relatively low.   Thanks for the good wishes --- the same to you.

Jan 17, 2011 05:04 PM #2
Ambassador
942,052
Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

Your market reports are always so interesting.  Have a great February, Michael....and the rest of 2012, too!

Jan 29, 2012 02:44 AM #3
Rainmaker
3,333,179
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Thanks, Suzanne -- have a good 2012 too.

Jan 30, 2012 01:11 PM #4
Rainmaker
925,799
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Good morning, Michael, you are the realtor who knows Pasadena and the San Gabriel Valley.

Feb 10, 2013 09:40 PM #5
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Rainmaker
3,333,179

Michael Jacobs

Los Angeles Pasadena 818.516.4393
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