This is the cheapest home for sale this week in Granada Hills.
Text me for a tour at 818-445-7953.
Asking price: $799,000
I may have won the battle, but the war continues. 😊
Sorry Redfin, I win!
See Reseda's cheapest starter home for sale this week!
Cheapest home to hit the market this week in Reseda.
This starter home has 2 bed/1 bath, over 830 sq. ft. of living space, and is on a 6,000 sq. ft. lot.
The remodeled home features new floors, recessed lights, interior/exterior paint, a private backyard, and a garage with ADU potential.
Text me for a tour at 818-445-7953.
Asking price: $699,000
Discover our off-market properties! Visit OffMarketShowings.com!
Link in bio to see all of my off-market properties or visit OffMarketShowings.com.
View this week's cheapest home for sale in Glendale!
Here is the cheapest home for sale this week in Glendale.
This home has 2 bed/2 bath, 1,198 sq. ft. of living space, and is on a 6,352 sq. ft. lot.
The property features 2 bonus rooms, a detached 2-car garage with ADU potential, and drought-resistant plants.
Asking price: $1,000,000
Text me for a tour at 818-445-7953.
LA Laker Rui Hachimura scores a new Encino home!
LA Laker Rui Hachimura just bought this new Encino home.
This home has 6 bed/7 bath, over 7,000 sq. ft. of living space, and is on a 13,464 sq. ft. lot.
The modern farmhouse features a cinema room, gym, pool, spa, outdoor kitchen, fire pit, and ADU.
Asking price: $7,495,000
Selling price: $7,250,000
Make sure you check out my 2nd most-viewed video from 2023!
With 2,770,576 views across all my social media platforms, my 2nd most-watched video of 2023 was about this for sale home that is located on a bridge!
This is what affordable housing in LA looks like! #repost
Text for a Tour: Glendale's finest fixer-upper for sale now!
Best fixer-upper for sale this week in Glendale.
Text me for a tour at 818-445-7953.
Asking price: $1,299,000
This Spanish-style home has 3 bed/2 bath, over 1,700 sq. ft. of living space, and is on a 6,550 sq. ft. lot.
The property features a private front patio, scenic mountain views, a screened-in sun porch, fruit trees, a newer roof, and copper plumbing throughout.
Calling all renovators: Tour this Studio City fixer-upper now!
This is the best fixer-upper for sale in Studio City.
This Coldwater Canyon home has 5 bed/5 bath, 4,500 sq. ft. of living space, and is on a 7,573 sq. ft. lot.
Asking price: $1,825,000
Text me for a tour at 818-445-7953.
16.6% of escrows were canceled in September, a new high since October last year
A cocktail of high mortgage rates and high home prices has driven potential buyers to back out of deals at the highest rate in a year.
Monthly pending home sales that fell out of a contract in the US for the month of September notched 16.6%, the highest since October 2022 when mortgage rates surpassed 7%.
Of the 50 most populous metro areas analyzed, cities in Florida were found to have been hit hardest by rising deal cancellations in September. Jacksonville, Orlando, Tampa, Fort Lauderdale, and Miami all saw deal cancellations above 20% of pending home sales. At the top of the charts was Atlanta, with 24.4% of home deals that fell through.
Source: Business Insider
A new law allows homeowners to sell ADUs like condos
Accessory dwelling units, also referred to as ADUs and “granny flats,” have been available in California only as rentals. But a new law is giving Californians the opportunity to buy and sell them as condominiums.
ADUs come in all shapes and sizes — for example, a converted garage, a small home in the backyard, or, as often seen in San Francisco, an unused portion of the main house.
Under AB 1033, which was signed into law this week, property owners in participating cities will be able to construct an ADU on their land and sell it separately, following the same rules that apply to condominiums.
Under the new law, local governments need to opt in to the ADU-as-condominium approach for it to be an option in their cities.
As with new condominiums, homeowners building ADUs must notify the local utilities, including water, sewer, gas and electric, of the creation and separate conveyance of the unit. Each property will also have to form a homeowners association to assess dues to cover the cost of caring for the property’s exterior and shared spaces, such as the driveway, a pool or a common roof.
Selling ADUs as condominiums is having success in places such as Oregon, Texas and Seattle. Sample sales for neighbor residential parcels with detached ADUs, reporting that a unit of more than 1,000 square feet sold for an average of anywhere between $500,000 to $800,000.
Source: Los Angeles Times
Off Market Listing - Burbank
There is an off-market Burbank home that you can snatch up now before it officially comes on to the market in 1 month.
The asking price is not set, but they are considering listing it at $1.5M - $1.6M.
If you are looking for a remodeled home, that’s over 2,000 sq ft, up in the Burbank hill area, text me for more info.
Daniel Madariaga 818-445-7953
Do you think interest rates will continue to go up?
Step inside Glendale's most expensive property on the market!
This is the most expensive home for sale in Glendale.
Asking price: $4,300.000
Text me for a private tour at 818-445-7953.
Explore my exclusive off-market LA & SFV properties!
Attention home buyers and buyer's agents!
I have put together a list of 50 off-market properties that are available right now in Burbank, Encino, Santa Monica, Los Angeles, and everything in between.
Price ranges from $334,000 - $14,500,000.
You will not find these on Zillow or Redfin, only through me.
Don't wait! Go to OffMarketShowings.com right now for exclusive off-market opportunities!