L.A. real estate news and insights.
Sofia Vergara & Joe Manganiello relist Beverly Hills estate at an EVEN lower price.
This Italian-style villa has 7 bed/11 bath, 11,369 sq. ft. of living space, and is on a 26,026 sq. ft. lot.
Asking price: $15,950,000
Text me if you want a tour: 818-445-7953.
For the general location, in Google maps, put in "Golden Valley Rd. and Oak Crest Dr."
This home has 3 bed/3 bath, over 2,500 sq. ft. of living space, and a 7,500 sq. ft. lot.
The home features, high ceilings, lots of natural light, a massive kitchen island, and the den can be converted into a 4th bedroom.
Text me for more info at 818-445-7953.
Text me for more info at 818-445-7953.
For the general location, in Google maps, put in "Burbank Blvd. and Woodman Ave."
The property comes with fully approved RTI permits to build a new single-family home.
The existing home has 3 bed/2 bath, 1,500 sq. ft. of living space, and is on an 8,200 sq. ft. lot.
There is room for a backyard pool and an ADU.
The recently released Greater Los Angeles Q2 2022 report shows that closed sales declined 21% in a year-over-year comparison during the second quarter.
The report covers the area spanning downtown Los Angeles to the Westside and the beach cities of Santa Monica and Malibu.
Its information was taken from deals recorded on the MLS.
Source: Sotheby’s International Realty
Here is the most unique home for sale in Bel Air.
Asking price: $16,500,000
This new construction home has 4 bed/4 bath, 7,440 sq. ft. of living space, and is on a 10,316 sq. ft. lot.
The automotive-inspired intelligible shell-shaped home features a split-level architecture, indoor/outdoor flow, a wrap-around balcony, central bridging stairs, and a glass elevator cabin with a frameless glass shaft.
The rooftop deck has views of the Pacific Ocean and was constructed with a raised pedestal floor system that eliminates standing rainwater.
Text me if you want a tour at 818-445-7953.
This is the cheapest home sold this week in North Hollywood.
Asking price: $699,000
Selling price: $775,000
This corner lot starter home has 2 bed/1 bath, 810 sq. ft. of living space, and is on a 6,416 sq. ft. lot.
The home features central air/heat, double pane windows, a recently remodeled bathroom, and a 2 car garage that has great ADU potential.
Here is the most expensive home sold this week in Burbank.
Asking price: $2,269,000
Selling price: $2,150,000
This custom-built Craftsman has 4 bed/5 bath, 3,581 sq. ft. of living space, and is on a 7,020 sq. ft. lot.
The completely rebuilt home features a finished basement, an eat-in kitchen with a custom island, a formal dining room, and the living room has a fireplace and wet bar.
The private backyard has a patio, and a recently renovated BBQ area featuring a high-end grill and brick oven.
Off-market property in Valley Village.
This gated 2-story home has 6 bed/4 bath, 3,200 sq. ft. of living space, and is on a 6,674 sq. ft. lot.
The home features a built-in home sound system, stainless steel appliances in the kitchen, and a guest room and full-size bath on the 1st floor that can easily become an in-law suite.
The private backyard has a patio with a pergola and a flat yard with fruit trees.
Text me for a private showing at 818-445-7953.
Foreclosures and short sales remain historically low, representing less than 1% of home sales in April and down from 2% a year earlier.
Source: National Association of REALTORS®
Sold this piece of land for $1,077,000. Another off-market deal.😉
11853 Weir St., Culver City, CA 90230
3,950 Sq. Ft. | Vacant Lot
Text me if you want a tour at 818-445-7953.
"Hot Home” alert in Los Feliz!
Asking price: $1,998,000
This home has 3 bed/2 bath, 1,696 sq. ft. of living space, and is on a 5,980 sq. ft. lot.
The home features high-vaulted ceilings, an oversized brick masonry fireplace, and all bedrooms have access to the private backyard.
There is a waterfall swimmers pool, spa, dining patio, and grassy area in the backyard.
"Punky Brewster" Soleil Moon Frye Sells Hollywood Hills Home to ‘Mortal Kombat’s’ Jessica McNamee.
Selling price: $2.814 million
This Spanish Villa has 5 bed/5 bath, 3,030 sq. ft. of living space, and is on a 10,341sq. ft. lot.
The private estate features indoor/outdoor living spaces, wood-beamed ceilings, terracotta floor tiles, and other vintage details.
Along with the exceptional views outdoors, there is a patio, gardens, and mature landscaping.
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 is the longest active home on the market in the Hollywood Hills... 239 days!
Current asking price: $6,395,000
Original asking price: $6,750,000
The main home and 2 story guest house have a total of 6 bed/8 bath, 7,202 sq. ft. of living space, & is on a 29,927 sq. ft. lot.
The property is at the end of a cul-de-sac, has a courtyard with a fountain, and amazing jetliner views.
There are multiple seating areas, fruit trees, a sports court, and an Ozone infinity pool with a spa on the private grounds.
Text me if you want a tour at 818-445-7953.
After 5+ years of being on the market, Jim Belushi just sold his L.A. Estate for $30M.
Latest asking price: $33,500,000
Selling price: $30,000,000
This Mediterranean Estate has 7 bed/11 bath for a total of 14,371 sq. ft. of living space and on a 57,073 sq. ft. lot.
The home is on one of the largest (triple lot) estates in prime Brentwood Park.
