Home in Lower Rancho Neighborhood in Arcadia Just Leased

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/56x4

Home in Lower Rancho Neighborhood in Arcadia

Just Leased

 

832 Monte Verde Drive in the city of Arcadia

 

A few weeks ago I received a call from an agent no longer in the business asking if I could assist a former client relocating back to our area.  This person was looking for a lease and while that’s not a part of the business I pursue, I am happy to help when I can.

 

Leasing in our area is quite competitive.   While I represent landlords who I assisted as buyers when they acquired their property, I don’t make working with prospective tenants in their search an active part of my real estate practice.   

 

There is limited inventory.  Often difficulty in showing properties. Frankly there are other issues too.  Simply, I find it’s not always the best use of my time.  But because I ask lots of questions and then listen carefully -- in some cases, it works...here is another one of those times.   

 

832 Monte Verde Drive is a mid-century modern home in the popular Lower Rancho neighborhood in Arcadia.   

 

Three bedrooms - two-and-one half baths.

Home size:  approximately 2543 square feet

Lot size:   approximately 15372 square feet

 

List price:  $4500/month

Lease price:  $4350/month

 

Peacocks in Arcadia

 

And because this is California -- there was a unique disclosure from the landlords --- don’t feed the peacocks.   The Los Angeles County Arboretum & Botanic Garden where you will find peafowl is one of the neighbors you will find in the Lower Rancho.  But I digress...

 

Not only is it not particularly easy to find a lease -- securing it often requires a lot of paperwork and time.   Are you interested in knowing more about real estate in the city of Arcadia or elsewhere in the San Gabriel Valley and adjacent city of Los Angeles neighborhoods?   I can be reached at 818.516.4393 cell.  Let’s discuss what is important to you.  I’ll ask questions and I’ll listen carefully too.  

 

Published:   August 16, 2017

 

Home in Lower Rancho Neighborhood in Arcadia

Just Leased

 

 

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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Rainmaker
3,828,555
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Michael Jacobs ,

So glad you were able to find a lease for this family that was referred to you. Of course I wasn't surprised you'd find them the perfect place. I don't think I've ever heard about signing a disclosure to not feed the peacocks! Only in CA!!

Aug 16, 2017 04:41 AM #2
Rainmaker
3,297,598
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Michael. Glad you were able to help! Never heard of a "do not feed the peacock" addendum! Interesting. Enjoy your day!

Aug 16, 2017 04:51 AM #3
Rainmaker
4,797,386
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Michael.  While I try to avoid working with tenants as well, there are some special situations where I do.  Congrats on leasing this Lower Rancho home in Arcadia.

Aug 16, 2017 05:02 AM #4
Rainmaker
3,190,129
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Congratulations on getting this lower Rancho home leased. We don't do many rentals either, but we do some which pays for our gas!

Aug 16, 2017 05:11 AM #5
Rainmaker
3,266,221
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Holy guacomole...that's a lot of lease !  We don't even have but very few single family homes to lease....and you are right, for the time put into it...it is not very rewarding financially.

Aug 16, 2017 05:33 AM #6
Rainmaker
1,548,055
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Michael Jacobs Your explanation on leasing expressed our feelings precisely. We constantly review the ROI of money and more importantly; TIME! Congratulations on this successful lease!

Aug 16, 2017 07:05 AM #7
Rainmaker
4,484,151
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

Congratulation on helping someone out.  My sister in law and her family used to live in Palos Verdes,  and they hated the peacocks and the racket they made...A

Aug 16, 2017 07:49 AM #8
Rainmaker
2,576,490
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Congrats on getting this property leased!  That is a healthy lease amount as well, since it would pretty much cover all of my expenses for a month, haha.

Aug 16, 2017 08:55 AM #9
Rainmaker
4,102,950
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, although this is not your primary focus, so glad you could assist this agent with their client!

Aug 16, 2017 09:23 AM #10
Rainmaker
1,076,182
Sharon Lee
Sharon Lee's Virtual Assistance - Jonesborough, TN
Retired and loving life

Michael-This is a great looking home. Not surprised you helped.

Aug 16, 2017 10:25 AM #11
Rainmaker
1,523,097
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Michael, that was very kind of you to go outside of your normal real estate practice to help this family with their move. The agent that's no longer in the business knew the right person to contact for them! Don't feed the peacocks made me do a double take, too funny!

Aug 16, 2017 10:47 AM #12
Ambassador
3,112,605
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

When it comes to leasing or buying or selling; go to an authority Michael Jacobs 

Aug 16, 2017 01:17 PM #13
Rainmaker
1,233,472
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Congrats on the lease and your ability to help an agent who is no longer in the business. It must be additionally satisfying that someone who knows the business thought of you to help them.  That in itself, says a lot about your ability and skills. 

Aug 16, 2017 02:46 PM #14
Ambassador
2,789,023
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - Congratulations on a great job getting that lease accepted on that nice home for your client - and at less than asking!

Aug 16, 2017 02:59 PM #15
Rainmaker
2,189,919
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

You pretty much can't feed any wildlife without making those animals and critters dependent upon you for survival, and that's not normal. When Hawaiians started feeding the triggerfish, the fish began biting swimmers.

I also did not know you could negotiate rents in Los Angeles. I thought the rental market was so hot you were forced to pay what landlords want.

Aug 16, 2017 06:56 PM #16
Rainmaker
3,248,015
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Michael

Congratulation the of the home in Lower Rancho Neighbored in Arcadia California.

Good luck and success.

Lou Ludwig

Aug 16, 2017 07:09 PM #17
Ambassador
3,983,135
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Those are hefty rental amounts, Michael. Glad you were able to assist and found it wasn't a waste of time.

Aug 17, 2017 08:36 PM #18
Rainmaker
3,209,023
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael congratulations on leasing this home, in my experience at some point in time lease people turn into buyers and landlords turn into sellers, Endre

Aug 17, 2017 11:23 PM #19
Rainmaker
4,102,950
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, your clients are lucky to have your detail when they lease or sell through YOU! 

Apr 10, 2018 11:08 AM #20
Rainmaker
4,102,950
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, congratulations on this home finding new tenants, and you are the REALTOR to contact!  

Nov 21, 2018 07:25 AM #21
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Michael Jacobs

Los Angeles Pasadena 818.516.4393
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