L.A. real estate news and insights.
Leah Remini lists Studio City home again... now with a $500K price drop.
This home has 6 bed/8 bath, 10,100 sq. ft. of living space, and is on 1.5 acres.
The Lockridge Estates property features a main house, guest house, theater, pool, a large flat yard, pool, and putting green
Original asking price: $12,995,000
Asking price: $12,499,000
Former convent hits the market in Sherwood Forest.
This multi-structure property has a total of 9 bed/9 bath, 4,625 sq. ft. of living space, and is on over 1.15 acres.
This converted property features a full chapel, altar, tabernacle, sacristy, library, and a pool.
Asking price: $2,500,000
Matthew Perry just bought this home in the Hollywood Hills in an off-market deal.
Asking price: $6M
Selling price: $5,250,000
This Mid-century modern home has 3 bed/4 bath, 2,566 sq. ft. of living space, and is on a 9,622 sq. ft. lot.
The newly renovated home is fully furnished, wired for sound throughout, and has an open floor plan, an eat-in kitchen, and Fleetwood sliding doors.
There is a pool and landscaped gardens outside.
Kat Von D finally sells mansion with blood-red pool.
This Victorian mansion has 13 bed/9 bath, 12,565 sq. ft. of living space, and is on a 26,966 sq. ft. lot.
Original asking price: $15,000,000
Selling price: $7,750,000
Here is the cheapest home sold this week in Echo Park.
Asking price: $899,000
Sold price: $1,255,000 ($356,000 over the asking price)
This renovated Spanish bungalow has 2 bed/2 bath, 828 sq. ft. of living space, and is on a 4,280 sq. ft. lot.
The property is close to hiking trails, the LA River bike path, and the historic “hidden stairs".
In Los Angeles County, the median price increased last month to $781,050, up from $773,490 in February and $689,440 a year ago — a year-to- year increase of 13.3%.
While sales remained solid, there are signs that imply a market slowdown could be forth coming in the second half of 2022. A quarterly report released by National Association of Home Builders suggests that fewer buyers were trying to find a home to buy in the first quarter of this year. The share of prospective buyers who were actively searching declined to 46% in Q122, back to pre-pandemic levels after reaching a recent peak of 61% in Q221.
For those who had not been successful in finding a home, the share who plan to give up their home search until next year or later rose for the third straight quarter to 25% in Q122, after bottoming out at 20% in Q221.
Higher mortgage rates and double-digit growth in home prices are slowing down the housing demand momentum and the effect may become evident very soon.
Source: California Association of Realtors.
Kelly Kapowski must be impressed!
Saved by the Bell's Mark-Paul Gosselaar just sold his Sherman Oaks home in an off-market deal for $5,300,000.
The home has 5 bed/5 bath, 5,791 sq. ft. of living space, and is on a 19,280 sq. ft. lot.
This private home is at the end of the cul-de-sac and is part of The Benedict Collection. It's considered an "upside-down" home. The living areas are upstairs, and the family /guest bedrooms are downstairs.
The backyard has a solar heated pool/ spa and a full outdoor kitchen.
Attention Builders! This Culver City flat corner lot comes with fully approved RTI (Ready-to-Issue) permits to build a two-story 4 bed/4 bath 1,764 Sq. Ft. single-family home with an attached two-car garage, balcony, rooftop deck, and a one-story detached 1 bed/1 1/2 bath 600 Sq. Ft. ADU.
Centrally located on the Westside, this lot is located in a quiet neighborhood close to Playa Vista and next to the Ballona Creek bike path, which takes you down to Marina Del Rey, Playa Del Rey, and the beach.
If you're looking to build a beautiful new home with a detached ADU, all at a great value, this just might be the property for you.
For more info visit CulverCityLot.com.
The California housing market kicked off the new year with a bounce back from a 4-month low, with sales of existing single-family homes reaching 444,450, registering a month-to-month increase of 3.4% in January.
Sales continued to decline on a year-over-year basis, but the dip was less than 10% and was the smallest in six months.
California home prices continued to decelerate as the seasonal slowdown continued, with the statewide median price declining 3.8% from December to $765,580 in January, but still improving from a year ago by 9.4%.
Source: California Association of Realtors
This is the most unique architectural home for sale this week in La Crescenta.
Asking price: $9,799,000
There are 2 homes on the property with a total of 5 bed/5 bath, 5,186 sq. ft. of living space, and on nearly 6 acres of land.
There is a 50 ft lap pool and open-air outdoor movie Pavillion.
The current homeowner is Flea from the GREAT Red Hot Chili Peppers.
Text me if you want a tour at 818-445-7953.
Text me if you want a tour at 818-445-7953.
"Hot Home” alert in Burbank's Rancho District.
Asking price: $1,498,000
This 2 story home has 4 bed/2 bath, 2,590 sq. ft. of living space, and is on a 6,300 sq. ft. lot.
The home features stainless steel appliances in the kitchen, a separate laundry room, and the den opens to the backyard.
Close to Griffith Park and Los Angeles Equestrian Center.
Whose house? Super Bowl MVP Cooper Kupp's house!
Asking price: $6,100,00
This home has 5 bed/7 bath, 6,893 sq. ft. of living space, and is on a 71,051 sq. ft. lot.
The super-private property is within a 24hr guard gated community.
The backyard has a cabana with a fireplace, a pool, spa, waterfalls, and an outdoor bathroom.
Text me if you want a tour at 818-445-7953. Go Rams!
Here is the cheapest home sold this week in Burbank.
Asking price: $550,000
Selling price: $575,000
This Bungalow has 1 bed/1 bath, 660 sq. ft. of living space and is on a 2,276 sq. ft. lot.
The home features a new roof and updated electrical/plumbing.
Did the buyer get a good deal?
There were 57 property sales in Burbank for January 2021.
This Encino home has been on the market for 370 days!
Current asking price: $14,750,000
Original asking price: $15,000,000
The home has 7 bed/7 bath, 8,796 sq. ft. of living space, and is on a 41,433 sq. ft. lot.
The massive backyard has a vineyard, resort-style pool, and outdoor kitchen.
Text me if you want a tour at 818-445-7953.
