L.A. real estate news and insights.
The net value of property in Los Angeles County jumped 5.91% from last year to nearly $2 trillion, according to the county assessor's office.
It's the 13th consecutive year that the overall value of all taxable properties included in the more than 4,000-square-mile county has gone up, according to the Los Angeles County Assessor's 2023 Annual Report. The assessor's office estimates that it will collect $20 billion in property taxes to fund public services such as schools and medical care.
Musician Charlie Puth is selling his Mid-century Beverly Hills mansion.
Asking price: $16,995,000
This 2-story home has 4 bed/5 bath, 4,800 sq. ft. of living space, and is on a 19,850 sq. ft. lot.
The newly renovated property features office/studio spaces, a pool, a fire pit, fountains, and a larger motor court.
Text me for a tour at 818-445-7953.
‘Ted Lasso' actress Juno Temple buys Hollywood Hills home!
This multi-level home has 4 bed/4 bath, 3,642 sq. ft. of living space, and is on a 6,085 sq. ft. lot.
Asking price: $2,695,000
Selling price: $2,774,000
This is Encino’s most expensive sale of the year!
Award-winning DJ Zedd buys Encino mansion.
Asking price: $22,995,000
Selling price: $18,400,000
Best fixer-upper for sale this week in Glendale.
Text me for a tour at 818-445-7953.
Asking price: $1,299,000
This Spanish-style home has 3 bed/2 bath, over 1,700 sq. ft. of living space, and is on a 6,550 sq. ft. lot.
The property features a private front patio, scenic mountain views, a screened-in sun porch, fruit trees, a newer roof, and copper plumbing throughout.
Pending home sales fell this fall to the lowest level since 2001. Pending deals dropped 8.5% year-to-year as the National Association of Realtors index fell to 71.4, the lowest mark reported since the trade group began tracking the metric in 2001.
My Take: There will be huge pent up demand in 2024.
Source: National Association of Realtors and The Real Deal
Frank Sinatra’s former Chatsworth estate gets a price drop!
Asking price: $8,995,000
This home has 4 bed/7 bath, 6,661 sq. ft. of living space, and is on nearly 4 acres.
The property features floor-to-ceiling glass walls, breathtaking views, a lounge terrace, a pergola, and a 50-foot pool.
Text me for a tour at 818-445-7953.
Open House!
Sunday, December 3rd
1:00 PM - 4:00 PM
333 W Alameda Ave. #301
Burbank, CA 91506
Asking Price: $449,995
1 Bed | 1 Bath | 636 Sq. Ft..
For more info, visit BurbankTinyHome.com.
Halsey sold her L.A. estate in an off-market deal!
Asking price: $11,950,000
Selling price: $11,650,000
This compound has 5 bed/8 bath, 9,659 sq. ft. of living space, and is on 5 acres.
Fannie Mae has lowered their required down payment for owner-occupied, multi-family (2-4 unit) properties from 15% - 25% to 5%. This means you can buy a property with 5% down, live in one unit, and rent out the other 1-3 units.
The new policy took effect on November 18, 2023 and applies to several Fannie Mae mortgage types including conventional and renovation loans.
If you’ve wanted to buy a home but haven’t been able to figure out how to save enough for a down payment and meet your monthly mortgage payment requirements, your time has come.
Source: Crosscountry Mortgage
For a private tour call/text the listing agent, Daniel Madariaga, at 818-445-7953.
2471 Venus Drive
Los Angeles 90046
This home has 5 bed/3 bath, 3,440 sq. ft. of living space, and is on an 8,905 sq. ft. lot.
The renovated 2-story home features a chef's kitchen, family room, washer/dryer, 3-car garage, and an expansive backyard with a pool and grassy area.
Lease price: $10,500 Monthly
333 W Alameda Ave. #301
Burbank, CA 91506
For more info on price, or for a private tour call/text the listing agent, Daniel Madariaga, at 818-445-7953.
To watch the property video, visit BurbankTinyHome.com.
This condo has 1 bed/1 bath, and 636 sq. ft. of living space.
The unit features an open floor plan, stainless steel appliances, 2 balconies, in-unit washer/dryer, central AC/Heat, and 2 parking spots.
The national median price of an existing home sold in October was $391,800, an increase of 3.4% from a year ago ($378,800). Prices rose in all regions of the country.
These annual price increases have been getting larger for four straight months.
Roughly 28% of homes sold above list price.
Source: CNBC
Manny Pacquiao... what happened here?
This Mediterranean-style home has 5 bed/5.5 bath and 4,273 sq. ft. of living space.
The 2-story home features an open layout, high ceilings, a gourmet kitchen, a pool, and a spa.
Asking price: $4,500,000
Selling price: $2,000,000
This is the cheapest home for sale this week in Burbank!
This home has 2 bed/1 bath, 1,100 sq. ft. of living space, and is on an 8,000 sq. ft. lot.
Asking price: $749,900
