Thank you for entrusting me with another one of your real estate transactions!
It's always an honor working with you.
L.A. real estate news and insights.
Thank you for entrusting me with another one of your real estate transactions!
It's always an honor working with you.
It would mean the world to me if you referred me to a friend, co-worker, or neighbor that you know is ready to sell their property in 2021.
Text me anytime at 818-445-7953.
Thanks!
Here is the cheapest price per square foot townhouse to sell this week in Northridge – price per sq. ft. - $281.06
•4 bedrooms
•3 bathrooms
•2,318 sq. ft. of living space
•2 levels
•2 car garage
•2 blocks from the great Cal State University Northridge
Selling Price: $651,500
Asking price: $681,000
Known as the Los Feliz Murder House, this home has a really creepy story behind it!
On the night of December 6, 1959, Dr. Harold Perelson murdered his wife Lillian while she slept with a ball-peen hammer. He then attempted to kill his oldest daughter, who managed to escape. Harold then told his other children to go back to bed and he went into the bathroom and killed himself with a mixture of Nembutal and tranquilizers. No one has ever really understood why, but we know that there were money troubles.
Shortly after the killings, the family’s home was sold via probate auction to Emily and Julian Enriquez. While the couple visited the mansion on occasion, and even stored some of their possessions there, for reasons that are unknown, they never lived at the property, nor did they ever move the Perelsons’ belongings out! The house sat, frozen in time, collecting dust on its furnishings.
For decades, flocks of curious visitors have climbed the hill to peer through the windows at the dust-covered dolls, crusting cans of food, and half-made beds - but none were ever allowed in.
The home eventually sold in March 2016 to Lisa Bloom and her husband, Braden Pollock. They began the extensive remodel, but then in 2019, they listed it again stating, “After three years of efforts, we gave up.”
The home is currently in escrow. Let's see how much it ends up selling for!
Original Asking price: $3,500,000 - it was reduced to $2,500,000 in October 2020.
•5 bedrooms
•4 bathrooms
•5,050 sq. ft. of living space
•26,325 sq. ft. lot
This is Burbank's most expensive home sold this week. Classic storybook home in the Burbank Hills.
It's a corner lot, so a big part of the lot is on the front/side yards, leaving little room in the backyard.
•4 bedrooms
•3 bathrooms
•2,399 sq. ft. of living space
•6,167 sq. ft. lot
•Remodeled chef's kitchen
•Finished attic room
Asking price: $1,399,000
Selling Price: $1,385,000
Here is Toluca Lake's latest “Hot Home”
•3 bedrooms
•3 bathrooms
•1,810 sq. ft. of living space
•6,021 sq. ft. lot
•Covered patio with pool
•Finished garage
Asking price $1,399,000
For a private tour, text me at 818-445-7953.
Toluca Lake Waterfront home with a Burbank address!
Do a complete remodel on this home and you will have a property that you can pass down from generation to generation.
•4 bedrooms
•5 bathrooms
•3,294 sq. ft. of living space
•16,312 sq. ft. lot
The home has its own dock, boathouse w/ wet bar, pool, outdoor brick fireplace, shower, and dressing room.
Asking price $4,995,000.
Text me if you want a tour at 818-445-7953.
Strong existing-home sales and record-high pending home sales in August indicate no homebuying slowdown in fall, NAR Chief Economist Lawrence Yun says in his latest monthly report.
The striking market turnaround since the early days of the coronavirus pandemic has brought a resurgence in bidding wars and proved housing’s resilience in an unusual and volatile year, Yun adds.
But a mix of surging buyer demand and low inventory puts the industry in uncharted territory.
The national median home price has soared to an all-time high of $300,000, threatening to “choke off” first-time buyers from the market and depress the national homeownership rate, Yun says.
More homebuilding is necessary to relieve some of the market pressures.
New-home sales hit more than a million year to date in September, an encouraging sign.
However, lumber shortages are pushing up new-home prices an average of $14,000 since April.
Forty-four percent of respondents to a Sears Home Services survey of 1,000 people said they are less satisfied with their home since the beginning of the pandemic.
“There’s a sense of feeling ‘trapped’ when it’s required to remain inside; we’re missing the venues we used to frequent and perhaps noticing flaws of the home while spending more time there,” the survey notes.
Households with children all living in smaller spaces are more likely to be linked to owners’ dissatisfaction.
Homeowners with children were 10 percentage points more likely to say they felt less satisfied with their home than those without.
Also, homeowners with only one or two bedrooms were more likely to report being unsatisfied with their homes.
The growing dissatisfaction among homeowners after being hunkered down may be a big factor behind the surging housing market.
Contract signings on homes surged to a record high in August and are now 24% higher than a year ago, the National Association of REALTORS® reported Wednesday.
Survey respondents said the four top features they most want to add to their homes are a home gym (41%), home office (37%), gaming space (32%), and kitchen space (31%).
Source: “Making a House a Home in the Time of COVID-19,” Sears Home Services (September 2020).