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Home in Lower Rancho Neighborhood in Arcadia Just Leased

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Industry Observer CalDRE #01165532

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

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

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
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
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
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home 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
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - 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
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , 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
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
Brian England
Ambrose Realty Management LLC - 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
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
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
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - 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
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

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

Aug 16, 2017 01:17 PM
Sheri Sperry - MCNE®
Coldwell Banker Realty - 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
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
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - 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
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
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

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
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - 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
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
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