L.A. real estate news and insights.
Here is the cheapest home for sale this week in Reseda.
Asking price: $619,900
This home has 2 bed/1 bath, 832 sq. ft. of living space, and is on a 6,409 sq. ft. lot.
The corner lot home is being sold "as-is" and has ADU potential.
Text me if you want a private tour at 818-445-7953.
Here is the cheapest home sold this week in North Hills.
Asking price: $749,950
Selling price: $700,000
This home has 3 bed/2 bath, 1,296 sq. ft. of living space, and is on a 7,320 sq. ft. lot.
The corner property features wood flooring throughout, new paint, recessed lighting, dual pane windows, and an updated kitchen.
Most expensive home for sale this week in North Hills.
Asking price: $867,500
This Mid Century home has 4 bed/3 bath, 1,878 sq. ft. of living space, and is on an 8,200 sq. ft. lot.
The corner lot home features a 2 car garage, pool w/ spa, fire pit, large grassy area, and patio.
Text me if you want a tour at 818-445-7953.
A home being equity-rich means that the combined estimated amount of loans secured by the property is 50% or less of the estimated market value.
In short, it means homeowners themselves have accumulated at least half of the equity in their homes.
In California, the percentage of mortgaged homes considered equity-rich grew to 46.1% in the fourth quarter (up from 39.7% in the third quarter).
The 10 with the highest shares of equity-rich properties in the fourth quarter of 2020 again were in the West, with the top five in California.
Los Angeles is at 51.7%.
Source: ATTOM Data Solutions, a real estate research firm.
Here is the most expensive home sold in North Hills this week.
Asking price: $899,000
Sale price: $941,000
This home has a total of 5 bedrooms/ 3.5 bathrooms, 2,661 sq. ft. of living space, and a 7,805 sq. ft. lot.
The home features a newly remodeled farmhouse kitchen and a 2 bed / 1 bath guest unit above the garage.
Here is your latest "Hot Home" alert: Asking price: $850,000
•2,241 sq. ft. of living space
•10,347 sq. ft. lot
•5 bedrooms
•3 bathrooms
Built in 1957 this updated home has a nice pool and solar panels to help out with the electrical bill.
Text me if you want a private tour at 818-445-7953.
