L.A. real estate news and insights.
Text me if you want a tour at 818-445-7953.
"Hot Home” alert in Toluca Terrace!
Asking price: $1,825,000
Built in 1941, this home has 4 bed/3 bath and 2,490 sq. ft. of living space. The lot is 7,666 sq. ft.
Move-in ready, hardwood floors, high ceilings, and an attached 2 car garage.
This is the oldest home on the market in Pasadena - built-in 1883.
Asking price: $1,980,000
The Victorian home has 3 bed/3 bath, 2,224 sq. ft. of living space, and is on a 7,631 sq. ft. lot.
The backyard has a built-in BBQ, and there is a detached 2 car garage with an extended multi-functional studio with a bathroom and skylights.
Text me if you want a tour at 818-445-7953.
Text me if you want a tour at 818-445-7953.
"Hot Home” alert in Burbank's Rancho District.
Asking price: $1,498,000
This 2 story home has 4 bed/2 bath, 2,590 sq. ft. of living space, and is on a 6,300 sq. ft. lot.
The home features stainless steel appliances in the kitchen, a separate laundry room, and the den opens to the backyard.
Close to Griffith Park and Los Angeles Equestrian Center.
Text me if you want a tour at 818-445-7953.
“Hot Home” in Chatsworth.
Asking price: $1,325,000
This Ranch Style home has 4 bed/3 bath, 2,622 sq. ft. of living space, and is on a 24,427 sq. ft. lot.
The gated home features a wraparound porch, an open floor plan, and solar panels.
The private backyard is spacious with a pool, spa, firepit, and built-in BBQ.
Off Market property in Santa Monica. You won't find this on Zillow or Redfin.
Asking Price $4,600,000
This home has 5 bed/6 bath, 4,443 sq. ft. of living space, and is on an 8,119 sq. ft. lot.
The home features an indoor/ outdoor floor plan, an oversized living room, a chef's kitchen, and a large rooftop deck.
There is a pool, jacuzzi, and built-in BBQ.
Text me if you want a tour at 818-445-7953.
There were 57 property sales in Burbank for January 2021.
This Encino home has been on the market for 370 days!
Current asking price: $14,750,000
Original asking price: $15,000,000
The home has 7 bed/7 bath, 8,796 sq. ft. of living space, and is on a 41,433 sq. ft. lot.
The massive backyard has a vineyard, resort-style pool, and outdoor kitchen.
Text me if you want a tour at 818-445-7953.
Best fixer upper this week in Burbank.
Asking price: $749,000
This home has 2 bed/1 bath, 949 sq. ft. of living space, and is on a 6,748 sq. ft. lot.
There is a 479 sq. ft. unpermitted guest house, an attached garage, and a large backyard.
The home is being sold "as in" condition.
Text me if you want a tour at 818-445-7953.
Cheapest home on the market this week in Burbank. Text me if you want a tour at 818-445-7953.
Asking price: $1,199,000
This home has 3 bed/2 bath, 1,454 sq. ft. of living space, and is on a 6,881 sq. ft. lot.
The home features hardwood floors, a brick fireplace, a family room with vaulted ceilings, and recently remodeled bathrooms.
The property also features a landscaped yard, lemon tree, and a 2 car detached garage which has ADU/ guesthouse potential.
Off Market property in Los Angeles. You won't find this one anywhere else but here.
This home has 5 bed/4.5 bath, 4,000 sq. ft. of living space, and is on a 6,204 sq. ft. lot.
The gated home features hardwood floors throughout, open concept staircases, walls of glass, and Miele appliances in the kitchen.
The primary bedroom has a fireplace, 2 closets, an ensuite bathroom, and a large balcony. There is also a media room upstairs along with a laundry room.
There is a pool with a spa and a deck in the private backyard. Walking distance to tons of restaurants and shops on Melrose Ave.
Text me if you want a tour at 818-445-7953.
Mortgage rates have taken a big leap at the start of the new year. In the first week of 2022, the 30-year fixed-rate mortgage jumped nearly 60 basis points higher than a year earlier, averaging 3.22% this week, Freddie Mac reports.
“Mortgage rates increased during the first week of 2022 to the highest level since May 2020 and are more than half a percent higher than January 2021,” says Sam Khater, Freddie Mac’s chief economist. “With higher inflation, promising economic growth, and a tight labor market, we expect rates will continue to rise. The impact of higher rates on purchase demand remains modest so far given the current first-time home buyer growth.”
The National Association of REALTORS® forecasts that mortgage rates will average 3.7% by the end of this year.
Source: Freddie Mac and “Instant Reaction: Mortgage Rates, January 6, 2022,” National Association of REALTORS® Economists’ Outlook blog
Here's an update on 2 "Hot Homes" I recently told you about.
Hot Home #1: Roderick Pl., Los Angeles
Asking price: $1,199,000
Sold price: $1,405,000
Hot Home #2: Riverside Dr., Glendale
Asking price: $3,995,000
Sold price: $4,150,000
Most expensive condo sold this week in Hollywood.
Asking price: $1,055,000
Selling Price: $1,025,000
This luxury corner-unit condo has 2 bed/2.5 bath and 1,858 sq. ft. of living space.
The home features an open floor plan, hardwood floors, gas fireplace, built-in bar, and multiple floor-to-ceiling sliding doors that open to balconies with views of the Hollywood Hills and DTLA.
The building amenities include gated parking, low HOA dues, and its proximity to Runyon Canyon, Hollywood Blvd., and Sunset Blvd.
Text me if you want a tour at 818-445-7953.
“Hot Home” alert in Windsor Square, Los Angeles.
Asking price: $4,350,000
This classical Mediterranean home has 3 bed/3 bath, 3,380 sq. ft. of living space, and is on a 12,013 sq. ft. lot.
The home features fireplaces in the living room and study, a formal dining room, stainless steel appliances in the kitchen, and a master suite with a veranda and spa-like bathroom.
The backyard has a grassy yard, flagstone patio, and pool with a spa.
There was a huge jump in Burbank property sales last year.
In 2021, Burbank had 876 property sales.
In 2020, Burbank had 703 property sales.
Do you think 2022 sales will outpace 2021 sales?
