Los Angeles Real Estate Prices are well let's just say UP There...

By
Real Estate Agent with Berkshire Hathaway HomeServices 01238708
http://activerain.com/droplet/5bbt

The Los Angeles Real Estate Prices are UP There:) you heard me talk about it. You have seen me write about it. I provided Real Estate Market Reports about it. Most of you understood the challenges to step into the Los Angeles Real Estate Market.

Then again there were a few doubting Thomas-es out there! So with that said. let me show a few pictures.

Here is a house which is connected to another one total fixers HOW MUCH Do You Think it is listed for?

 

www.endrebarath.com

 

Well if you did not cheat I doubt you would have guessed $2,250,000. If you did congratulations BTW it is in the Beachwood Canyon area as in NOT in Beverly Hills. Now keep in mind if you give it a face lift and spend about $500,000 it might be worth about $2,700,000.

 

 OK in case you did not get the first one right here is your chance to guess again. This one is well let's just say half way updated, needs a little work. So what do you guess?

 

www.endrebarath.com

 

Well if you did not cheat again this one is $1.5million on busy Laurel Canyon Blvd or should I say Historic Laurel Canyon Blvd.Ironically if you spend about $300,000 this one will be worth around $3.2 million.

www.endrebarath.com

Now with that said, if you think California is expensive, I can assure you it is. So if you can not afford a full cup of coffe here, I totally understand it:)

www.endrebarath.com

 

If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.  I contribute a portion of my commission to local animal rescue organizations.

 

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California Los Angeles County Los Angeles
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Tags:
los angeles realtors
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Rainmaker
2,398,260
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Endre... as I often ask my clients who've moved here from California "what is it that real people do in California for housing?" Was there ever a time when LA prices weren't "up there" as compared with many other parts of the country?

Mar 06, 2018 04:33 AM #7
Rainmaker
1,524,633
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Endre - it really is amazing.  No one can imagine but your picture of the houses have gone a good way to make us realize although we still don't understand.

Mar 06, 2018 05:14 AM #8
Rainmaker
4,258,877
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Well, Endre, I don't think I will be shopping for a Los Angeles home anytime soon. 

Mar 06, 2018 05:28 AM #9
Rainmaker
866,147
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Endre Barath, Jr. - The middle class is being priced out of California. 

Mar 06, 2018 06:12 AM #10
Rainer
353,135
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

Prices are crazy Endre Barath, Jr. but it's all relative isn't it.

Mar 06, 2018 07:23 AM #11
Rainmaker
491,151
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Endre Barath, Jr. - It's all about LOCATION, LOCATION, LOCATION. Enough said.

Mar 06, 2018 07:39 AM #12
Rainmaker
309,388
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Endre, this post is a great illustration of your point. And that you know your market very well. I enjoyed reading it. 

Mar 06, 2018 10:32 AM #13
Ambassador
3,474,431
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Endre the house prices out there are insane my friend.  How does the average worker come up with that kind of income to qualify for financing???

Mar 06, 2018 04:15 PM #14
Rainmaker
1,377,170
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Endre, well, I won't be moving to CA..e.v.e.r. Location..location..location. Love this post!

Mar 06, 2018 07:02 PM #15
Rainmaker
877,333
Gail Robinson
William Raveis Real Estate - Southport, CT
CRS, GRI, e-PRO Fairfield County, CT

How many of the purchases tend to be cash?  Just curious.

Mar 07, 2018 10:23 AM #16
Ambassador
1,685,342
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Endre Barath, Jr.  love the prices in California . I remeber when I was out there oh must have been 35 years ago  . The prices compared to what you paid on the East coast was a riot

Mar 07, 2018 06:42 PM #17
Ambassador
855,319
Lynn B. Friedman
Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ... - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Endre Barath, Jr. 
Love the cup of coffee comment!
Enjoyed your post.
All the best - Lynn

Mar 07, 2018 09:07 PM #18
Rainmaker
2,572,546
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Definitely still a sellers market around these parts of LA! Such is life. but we make it work, and so do the buyers

Mar 07, 2018 11:20 PM #19
Rainmaker
2,572,546
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Lynn B. Friedman The coffee, it was a pretty accurate, and fits in so many ways! I totally get it!

Mar 07, 2018 11:22 PM #20
Rainmaker
1,720,204
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Endre Barath, Jr. - My jaw dropped and I'm tring to see if I can get it back up to where it belongs.

Wouldn't it be even crazier if that first house goes into a bidding war and the buyer pays 3 times more that list price! If it does, I hope you're the lucky agent that sells it!

Mar 08, 2018 08:21 PM #21
Rainmaker
976,726
Margaret Goss
Baird & Warner Real Estate - Winnetka, IL
Chicago's North Shore & Winnetka Real Estate

Maybe I should have stayed and reaped the windfall . . .

Apr 04, 2018 03:51 PM #22
Rainmaker
2,714,873
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gita Bantwal  I am willing to sell it above store price:)LOL, Endre

Apr 04, 2018 06:09 PM #23
Rainmaker
2,714,873
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Barbara Todaro  there were a total of three lots one with no house on it, then there was the moderate fixer and the heavy fixer depicted in the picture, went in multiple offers way above asking... we missed out:) Endre

Apr 04, 2018 06:12 PM #24
Rainmaker
2,714,873
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

James Dray  I attribute it to the Global desirability and the few homes that are available... plus the climate,Endre

Apr 04, 2018 06:14 PM #25
Rainmaker
2,714,873
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sally K. & David L. Hanson  love your assessment:)Endre

Apr 04, 2018 06:16 PM #26
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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