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Los Angeles, CA Real Estate News

By Richard Ruggaber, California Real Estate - (818) 422-5035
(Metro Life Homes)
So you need some wonderful ideas to romance that special someone in your life! Why not spend some time in Los Angeles, California for those special or just plain fun occasions with your special someone! In Los Angeles, you will always find something for everyone such as romantic strolls through the beautiful gardens, that Los Angeles has to offer. Los Angeles has some beautiful beaches as well as light houses that you can enjoy and take in a sunset. Why not enjoy a romantic dinner for two at any of the amazing restaurants that this lively city has to offer! If you are one for more excitement, there is always the fun and exciting nightclubs where you and your loved one can dance the night away. For more great ideas for fun and romantic things to do in Los Angeles check out the link: htt...
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By Jayne Clement, Los Angeles Short Sale Agents
(Keller Williams Realty)
It was a beautiful day this morning in Los Angeles, already warming up by 7:30am.  The traffic was non existent and it made me smile the entire drive to work! I knew it would be pretty quiet in the office, with most people taking the day off.  And, sure enough, most of the desks were empty with just a handful of people working at their computers.  There were no ringing phones, no chattering in the hallways, no "Good Morning's" being shouted out.  It was very different from the usual busy environment that I'm used to at Keller Williams on any given day. A few people looked up and nodded hello as I passed, but most were engaged in their work, strongly focused on their computer screens or the paperwork in front of them.  I made my way back to my office and settled in and started digging in...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills 2010 Market Update - Chadwick Terrace Built in 1985, Chadwick Terrace is located in the Monterey Hills area of the city of Los Angeles.  There were two sales in 2010 according to multiple listing reports.   A first floor one bedroom, one bath condominium with 621 square feet sold for $188,000(the lowest sales price in Monterey Hills in 2010)as a short sale.   A bank-owned two bedroom, two bath unit  on the first floor with 1033 square feet sold for $231,000. There were three leases in 2010 according to the multiple listing service.  The lease price ranged in price from $1500 to $1650.  It should be noted that two of leases were actually on the market for sale and leased before selling. If you have any questions or want additional information regarding Chadwick Terrace or ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills 2010 Market Recap - Catalina Terrace Catalina Terrace is a condominium complex in the Monterey Hills area within the city of Los Angeles.  The Monterey Hills community is a hidden treasure as it offers easy access to Downtown Los Angeles, the Valleys and Westside in a sylvan setting surrounded by mature trees and gently rolling hills.   The homes in Catalina Terrace are all single level and were constructed in 1984.  As in most Monterey Hills complexes, Catalina Terrace boasts a beautiful pool, spa and sun deck.   Monterey Hills 2010 Market Recap - Catalina Terrace There were two sales in Catalina Terrace in 2010 according to multiple listing sources.  Both sales were bank owned.  One unit was a one bedroom, den, one bath second floor unit with 995 square feet that sold i...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
Check out what is going on in the real estate world of CONDOS in the East San Fernando Valley, CA Areas: BURBANK, TOLUCA LAKE, STUDIO CITY, SHERMAN OAKS, VALLEY VILLAGE, NORTH HOLLYWOOD, Toluca Lake, Studio City, Sherman Oaks, Valley Village, North Hollywood  & nearby areas of San Fernando Valley including NEW condos or NEWLY built townhouses for sale REO bank owned Regular Sale or Short Sales.  Please call today (818)276-6882 to find out price ranges and location Arleta, Burbank, Canoga Park, Calabasas, Chatsworth, Encino, Glendale, Granada Hills, Hidden Hills, Lake Balboa, Lake View Terrace, Mission Hills, North Hollywood, North Hills, Northridge, Panorama City, Pacoima, Porter Ranch, San Fernando, Reseda, Sherman Oaks, Studio City, Sylmar, Sun Valley, Sunland, Shadow Hills, Toluca La...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
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 ...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills, CA 2010 Market Recap - Hudson Terrace Hudson Terrace is located within the Monterey Hills community in the city of Los Angeles.  The Monterey Hills area is convenient to transportation making this area ideal for commuters to Downtown LA, the Valleys and the Westside.  Monterey Hills, CA 2010 Market Recap - Hudson Terrace There are 81 single level condominiums in the complex in two buildings.   In 2010 there five sales in Hudson Terrace.  Of those, two were short sales.  The average sales price for the sold condominiums was $287,760.  The average square footage of the units sold was 1044 and the average price per square foot was $277.41 in 2010 according to local multiple listing service records. Monterey Hills, CA 2010 Market Recap - Hudson Terrace According to the multi...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills, CA 2010 Market Recap - Muir Terrace Muir Terrace is located within the Monterey Hills community within the city of Los Angeles.   Beautiful grounds include lush landscaping and mature plantings plus a pool, spa, gym, sauna and meeting/recreation room.  The complex was built in 1981 and has 90 units. The homes range from a one bedroom/one bath plan to a two bedroom/two bath/den floor plan.  The larger units often are marketed as three bedrooms but officially are two bedrooms according to tax assessor records. Monterey Hills, CA 2010 Market Recap - Muir Terrace There were three sales in the complex during 2010 according to local multiple listing service records.   The average sales price in 2010 was $285,000 with an average price per square foot of $255.63.  Two of the sal...
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By Ralph Gorgoglione, California and Hawaii Real Estate (310) 497-9407
(Metro Life Homes)
  Enjoy a tour at the Melting Pot Food Tours in the Los Angeles area in California! You will get to experience the pure joy of tasting delicious mouthwatering, soothe your soul foods from many different cultures, in the Greater Los Angeles area. Every Saturday and Sunday at 10:30 am and on Thursdays in the evening at 5:30 pm in Old Town Pasadena, you can satisfy your taste buds on the Old Pasadena Food Walking Tour. For more information regarding the Melting Pot Food Tours please visit the link below: http://www.meltingpottours.com/Home_Page.html What a great way to tantalize your palette!  
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills CA 2010 Market Update - Linden Heights Linden Heights is a 123 unit community in the Monterey Hills area within the city of Los Angeles.   It was constructed in 1987 and consists of two buildings:  4200 Via Arbolada has 70 single level condominiums and 4201 Via Marisol features 53 single level condominiums.  Homes range in size from one bedroom, one bath to two bedroom, two bath, den units.  The units are arranged in multiple courtyards with the homes surrounding a waterscape feature and there are lush landscaped grounds, pool, spa, gym and meeting room.  Monterey Hills, CA 2010 Market Update - Linden Heights There were three sales in Linden Heights.  The average sales price was $294,000.  The average square footage for units sold according to local multiple sources was 9...
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By Collen and Ivan West Hollywood
(Coldwell Banker- Sunset Strip)
Day (232,233,234,235) Fear not! Webster says: Fear is a distressing emotion aroused by a perceived threat. One of the key words in the definition is "PERCEIVED."  (Meaning nothing has yet to occur.) How can you fear something that has yet to happen? The mind is a tricky beast. There is no such concept as fear. It is truthfully only the mind telling you that you are unable to do something. Unfortunately for some it holds you back from a lot of experiences and opportunities. To concur the beast you have to overcome the mind.  Once you can grasp that concept, you have infinite possibilities.  Enjoy your weekend, and be fearless!  www.collenandivan.com
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
   Eric Clapton's Guitars and Amps are up for Auction. Wow when I saw this headline, many thoughts ran to my head, such as why? Is he in financial trouble? Is he giving up music? I can go on and on.     http://www.ericclapton.com Then I paused my frantic brain storming and kept reading and wondering where will it be? When will it take place? What will be really auctioned off? So with that in no particular order: There will be over 150 items from Eric Clapton's personal collection  there will be instruments and amps from Fender, Gibson, Marshall, Martin and Music Man to name a few. These are some of the historic musical instruments associated with Eric Clapton's career from the 1970's to today. If you would like to see the Official Auction Catalog you can request if from Bonham's & Butte...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills, CA 2010 Market Report - Wilson Summit Wilson Summit is a 120 home condominium community in the Monterey Hills area within the city limits of Los Angeles.  Built in 1986, the community boasts beautiful landscaped grounds with mature trees, lush plantings and interesting waterscape features.  The complex has a large pool, spa, gym, sauna and meeting room.   Monterey Hills, CA 2010 Market Report - Wilson Summit There were four sales in Wilson Summit in 2010.  The average sales price was $282,125 and an average price per square foot of $253.27.  There was one short sale completed in 2010.  The average days on the market for all sold properties in Wilson Summit was 102 but the short sale was on the market for 205 days so you can see how this effects the overall days on market...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills, CA 2010 Market Recap - Fremont Villas The Fremont Villas community consists of 45 multi-level townhomes in the desirable Monterey Hills area within the city limits of Los Angeles.  The area is so close to Downtown as well as convenient to transportation.   Pasadena, South Pasadena, Eagle Rock and the evolving Highland Park neighborhood offer a multitude of shopping, dining and entertainment options.  Homes within the Fremont Villa community are two and three bedrooms each with an attached garage.   There is a community pool and spa within the complex. Monterey Hills, CA 2010 Market Recap - Fremont Villas There were three sales in Fremont Villas in 2010.   The average sold price was $403,333 according to local multiple service sources with an average price per square foot...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills, CA 2010 Market Recap - Vallejo Villas The Vallejo Villas community consists of 57 multi-level townhomes in the Monterey Hills area of the city of Los Angeles.   Many of the homes offer terrific views of canyons and hillsides in a idyllic setting with many trees.  Although you are very close to Downtown Los Angeles it seems as if you are many, many miles away.   Homes have from two to three bedrooms and many offer dens and bonus rooms.  All have attached two car garages.   The complex features a pool, spa and sunning deck. Monterey Hills CA 2010 Market Recap - Vallejo Villas There were two sales in Vallejo Villas in 2010.   A two bedroom, two and one half bath home with canyon view sold in June for $408,000 and a two bedroom, two bath home with a peek-a-boo view sold in S...
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By Richard Ruggaber, California Real Estate - (818) 422-5035
(Metro Life Homes)
   Enjoy a tour at the Melting Pot Food Tours in the Los Angeles area in California! You will get to experience the pure joy of tasting delicious mouthwatering, soothe your soul foods from many different cultures, in the Greater Los Angeles area. Every Saturday and Sunday at 10:30 am and on Thursdays in the evening at 5:30 pm in Old Town Pasadena, you can satisfy your taste buds on the Old Pasadena Food Walking Tour. For more information regarding the Melting Pot Food Tours please visit the link below: http://www.meltingpottours.com/Home_Page.html What a great way to tantalize your palette! CHEERS
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills, CA 2010 Market Recap - Marshall Villas Marshall Villas is a 74 unit townhome complex in the Monterey Hills area of the city of Los Angeles.   The townhomes with Spanish inspired architecture feature dramatic floor plans with vaulted ceilings and large rooms.   Many of the homes are sited to take advantage of beautiful hillside, canyon and distant downtown Los Angeles views.  Each home has an attached two car garage.  The complex features beautiful grounds with pool, spa and clubhouse. Monterey Hills CA 2010 Market Recap - Marshall Villas According to information from local multiple listing services, there were five sales in the complex in 2010.   The average sales price was $401,000 and an average list price of $402,780 at the time an offer was accepted which represented...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Should I buy a Los Angeles home in a short sale or foreclosure? Should I sell my home as a short sale or allow the bank to foreclose? These are questions faced by many Los Angeles home buyers and sellers in today's tough times. What is a short sale? A short sale is when a home owner opts to sell his home for less than he owes on the mortgage, rather than let the bank foreclose on him. Technically the hit on his credit and future home buying power is supposed to be less with a short sale. If you are thinking of selling your Los Angeles home as a short sale you may be advised to stop making your mortgage payments, and you will certainly have to demonstrate financial hardship. The process can be a long one. You will have to make your home available to buyers like any normal sale, and there...
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By Ralph Gorgoglione, California and Hawaii Real Estate (310) 497-9407
(Metro Life Homes)
Visit the Hollywood Forever Cemetery in Hollywood, California! The Hollywood Forever Cemetery is a place where everyone can pay homage to the classic movie stars, who left this world long ago! The cemetery was once known as the “Hollywood Memorial Park Cemetery” when it was founded in 1899. The cemetery became run down in the latter part of the 20th century. This beautiful resting place for those who passed on long ago, was on the verge of bankruptcy until a gentleman by the name of Tyler Cassity of Forever Enterprises, stepped up to its rescue. Tyler Cassity renamed and restored the cemetery for what it is today as the Hollywood Forever Cemetery, in 1998. During the summer, movies are screened at the cemetery at a gathering called Cinespia. Thousands of people gather together with bea...
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By Michael Jacobs, Pasadena And Southern California 818.516.4393
Monterey Hills, CA Temple Terrace 2010 Market Recap The Temple Terrace community is unique within the Monterey Hills community.  It is the only complex on "The Hill" that consists of both single level condomiums in two buildings(75 homes total) and townhomes(47 homes).   The 122 residences share beautifully landscaped grounds plus gated pool and spa.  Monterey Hills, CA Temple Terrace 2010 Market Recap According to local multiple listing systems, there was only one sale in the complex in 2010.  The sale was a top floor condominium with two bedrooms and two baths with 1033 square feet.  It sold for $310,000.  Monterey Hills, CA Temple Terrace 2010 Market Recap Properties for lease in Monterey Hills are always popular because of its popular location.  According to the multiple listing ser...
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