L.A. real estate news and insights.
"Big Bang Theory" star Simon Helberg lists his Los Feliz home for $9,875,000.
Text me if you want a tour at 818-445-7953.
This Spanish Colonial estate has 6 bed/6 bath, 3,561 sq. ft. of living space, and is on a 32,047 sq. ft. lot.
The main house and the guest home have been recently restored and redesigned.
The grounds include a saltwater pool, a covered patio, a meditation sanctuary with a koi pond, and an orchard.
This is the most unique property for sale in the Hollywood Hills.
Asking price: $1,395,000
This 3-story fairytale cottage has 2 bed/2 bath, and 1,026 sq. ft. of living space and is on a 2,790 sq. ft. lot.
The design matches the style of Roland E. Hill, legendary architect of the Disneyland Castle.
There are two garden areas outside, a fenced-in grassy yard with a pond, waterfall, and wooden bridge.
Text me if you want a tour at 818-445-7953.
Here is the cheapest home sold this week in Burbank.
Asking price: $935,000
Sold price: $975,000
This home has 3 bed/2 bath, 1,476 sq. ft. of living space, and is on an 8,286 sq. ft. lot.
There is a swimming pool in the backyard, and there is a bonus room with ¾ bathroom attached to the garage.
13 years ago, when many of the homes on the market were bank-owned, I remember looking up for my clients which bank owned the property I was about to show them. The one name that kept coming up was "Deutsche Bank". I could not believe how many foreclosures they were stuck with at that time. Since they know a thing or two about recessions, I advise you to take their opinion into consideration.
"We no longer see the Fed achieving a soft landing," Deutsche Bank economists led by Matthew Luzzetti said in the analyst note. "Instead, we anticipate that a more aggressive tightening of monetary policy will push the economy into a recession."
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".
Betty White’s longtime L.A. home is on the market for $10,575,000.
Text me if you want a tour at 818-445-7953.
The Brentwood Park home has 5 bed/6 bath, 3,029 sq. ft. of living space, and is on 31,557 sq. ft. of land.
First time on the market in over 50 years!
The listing states, “There will be no interior access to the home. All showings are of the exterior only. The property is being sold for land value."
Text me for more info at 818-445-7953.
Off Market property in Los Angeles.
This home has 3 bed/4 bath, 3,248 sq. ft. of living space, and is on approximately 9 acres of land.
The gated home is at the end of a cul-de-sac and has a great pool and patio area.
The grounds have hiking trails and pathways with multiple decks, all with city and treetop views.
Here's the best fixer-upper to hit the market this week in Burbank's Magnolia Park neighborhood.
Asking price: $1,100,000
This home has 3 bed/2 bath, 1,329 sq. ft. of living space, and is on a 6,577 sq. ft. lot.
The home has a separate family room, enclosed patio/sunroom, updated dual pane windows, and an upgraded electrical panel.
There is a large backyard with room to expand and a 2-car detached garage with ADU potential.
Text me if you want a tour at 818-445-7953.
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.
This is the most unique property for sale this week in DTLA.
Asking price: $1,399,000
This live/work loft has 1 bed/2 bath, and 1,540 sq. ft. of living space.
The loft is located in The Art Deco Eastern Columbia Building, built in 1930 and was originally a department store.
Johnny Depp could be your neighbor. He bought 5 penthouses in 2007, totaling a combined 11,500 square feet.
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 Sun Valley.
Asking price: $1,995,000
This "Gone with the Wind" inspired home has 5 bed/5 bath, 5,359 sq. ft. of living space, and is on over an acre of flat land.
The entertainer's backyard has a covered patio, swimming pool, spa, and a large barn that is approximately 2,400 sq. ft.
“Frankly, my dear, I don't give a damn.”
Built in 1900, here is the cheapest home sold this week in Highland Park.
Asking price: $749,000
Selling price: $908,000 ($159K over asking)
This Craftsman bungalow has 1 bed/1 bath, 653 sq. ft. of living space, and is on a 1,921 sq. ft. lot.
Did the buyer overpay for this Highland Park home?
Milla Jovovich is asking $13,995,000 for her Beverly Hills estate.
Text me if you want a tour at 818-445-7953.
The Tuscan Style home has 7 bed/11 bath, 10,998 sq. ft. of living space, and is on 27,954 sq. ft. of land.
The property also includes 2 bedroom stand-alone guesthouse and a pool cabana with a kitchen.
Have you seen any of the "Resident Evil" movies?
#millajovovich #residentevil #celebrityrealestate
Despite rising interest rates, buyer demand has yet to downshift in California. Home sales likely rose in March from February’s pace and several indicators showed a market that was even more competitive that it was in February with 71% of homes selling above asking prices and the typical home going from list to pending is just 8 days. In addition, the latest survey of REALTORS® suggests that few agents are experiencing buyers putting their search on hold or backing out of existing deals. Many would-be home buyers may be feeling a sense of urgency to complete their purchase before rates rise further, which is keeping the market tight so far.
Source: California Association of Realtors
Here is the cheapest home sold this week in Toluca Woods.
Asking price: $1,599,000
Selling price: $1,830,000
This fixer-upper home has 3 bed/1 bath, 2,210 sq. ft. of living space, and is on a 12,424 sq. ft. lot.
First time on the market in 46 years! Sold for $231K over the asking price – All cash!
