L.A. real estate news and insights.
Rihanna lists her LA penthouse less than a year after purchasing it.
This condo has 4 bed/ 8 bath, 9,290 sq. ft. of living space, and occupies the entire 40th floor.
Matthew Perry owned the penthouse from 2017-2021.
Text me for a tour at 818-445-7953.
Home buyers who paid cash accounted for 32% of home sales in January, marking the highest rate since 2014, the National Association of REALTORS® reports. Many leveraged the equity from a prior home sale.
Only 6% of first-time home buyers made a cash purchase in 2023 compared to 26% of repeat buyers.
Kylie Jenner & Travis Scott re-list their Beverly Hills Estate for a cheaper price.
New asking price: $17,995,000
Original asking price: $21,900,000
This hillside estate has 6 bed/9 bath, 9,680 sq. ft. of living space, and is on 1.1 acres.
Text me for more info at 818-445-7953.
Did you see what LeBron did to the Clippers last night? What a great comeback win for the Lakers! Maybe that's why Kawhi Leonard is selling his Downtown LA. penthouse...
This condo has 3 bed/4 bath, and 4,200 sq. ft. of living space.
The penthouse features city views, glass walls, wood floors, and 2 fireplaces.
Building amenities include concierge service, rooftop pool, spa, fitness center, and valet parking.
Asking price: $6,500,000
Text me for a tour at 818-445-7953.
There were a total of 10,887 homes on the market in January in LA County. This includes both new listings and homes that remain on the market unsold.
That was 13% below a year earlier, but an improvement from the 26% annual decline recorded in September.
Source: Zillow
Contact me for pictures.
Carl from the ‘Walking Dead,’ actor Chandler Riggs's LA home, hits the market.
This CA Farmhouse has 5 bed/5 bath, over 2,607 sq. ft. of living space, and is on a 6,301 sq. ft. lot.
The remodeled home features a separate downstairs 2 bed/2 bath guest suite that has potential income opportunity.
Asking price: $2,195,000
Text me for a tour at 818-445-7953.
According to the Zillow Home Value Index, home values fell in Los Angeles 0.1% between December 2023 and January 2024. Prices going down over the holidays is really no surprise as it tends to happen every year. 0.1% is far less than what I have seen in past holiday seasons.
Year over year LA home values are up 7.4%.
Some real estate experts are predicting home values could go up as much as 5% by the end of 2024.
Backstreet Boys’ AJ McLean finds a buyer for his Westlake home.
The property features soaring ceilings, a chef's kitchen, a pool with a hot tub, and outdoor patios.
Asking price: $3,495,000 – In Escrow
Sorry Redfin, I win!
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
Marshmello sells his Beverly Hills mansion in an off-market deal
This Mulholland Estates home has 5 bed/6 bath, 7,818 sq. ft. of living space and is on a 29,621 sq. ft. lot.
The estate features a double-height foyer, eat-in kitchen, library/office, and a finished basement with a lounge/entertainment center.
Selling price: $15,000,000
Link in bio to see all of my off-market properties or visit OffMarketShowings.com.
Who What Wear co-founder Katherine Power buys Taylor Thomson's estate.
This English Tudor-style home has 8 bed/ 12 bath, 8,799 sq. ft. of living space and is on a 46,097 sq. ft. lot.
The estate features a main house, guest house, wood-paneled library, a large pool, spa, pocket gardens, and hidden meadows.
Selling price: $27,000,000 off market
Millennials are worried they’ll inherit properties in need of major renovations and repairs, which could further hamper affordability, a new survey shows.
Young move-up home buyers are growing increasingly worried that baby boomers, many of whom are staying put in their current home, won’t update their properties and will pass down costly renovations and repairs to the next generation of owners, according to a new study from Morning Consult and Leaf Home, a national home improvement company.
Many baby boomers are choosing not to downsize, with 68% saying they’ve lived in their homes for 30 years or more, the study shows. Many in that group admit they’ve never done renovations or replaced major appliances—and they don’t have any plans to, either.
Researchers say this could become a nightmare scenario for millennials, who may inherit or purchase these “time capsule” homes. Younger buyers’ budgets already are stretched thin by high home prices and mortgage rates. It’s difficult for many to add pricey renovations to their homebuying budget.
