L.A. real estate news and insights.
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.
Text me for a tour at 818-445-7953.
This is the cheapest home for sale this week in Burbank.
Asking price: $729,000
This home has 2 bed/1 bath, almost 800 sq. ft. of living space, and is on a 2,500 sq. ft. lot.
The home features updated floors, carpet, central air/ heat, new plumbing and faces the Chandler Bike Path.
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
Mindy Kaling buys Beverly Hills fixer-upper.
This home has 6 bed/6 bath, 6,066 sq. ft. of living space, and is on a 44,549 sq. ft. lot.
The property features a champion-sized tennis court, pool, 2-car garage, gym, detached guesthouse, and separate entry and exit gates.
This Burbank modern farmhouse has a total of 4 bed/3 bath, 2,485 sq. ft. of living space, and is on a 6,599 sq. ft. lot.
There is a detached 1 bed/ 1 bath ADU, a large grass area, and a patio in the backyard.
Asking price: $1,949,000
Text me if you want a tour: 818-445-7953.
Restored 1907 Mission Revival for sale in Angelino Heights.
This home has 4 bed/2 bath, 2,711 sq. ft. of living space, and is on a 5,868 sq. ft. lot.
Asking price: $2,495,000
Text me if you want a tour: 818-445-7953.
A Saudi Prince lists Bel Air mansion.
This home has 9 bed/13 bath, 20,000 sq. ft. of living space, and is on 1.15 acres.
The property features breathtaking views, a 20-seat theater, a wine room, a wellness center, a state-of-the-art gym, and a full-size tennis court.
There is a 250 ft infinity pool, reportedly one of the biggest in LA!
Asking price: $75,000,000
Text me if you want a tour: 818-445-7953.
Here is the largest & most expensive home sold this week in LA County
The home has 8 bed/14 bath, 13,607 sq. ft. of living space, and is on a 37,668 sq. ft. lot.
Asking price: $25,000,000
Selling price: $23,000,000
A new study has found that home prices in Los Angeles are on the decline year-over-year.
In December 2022, the median price of a home in Los Angeles was $810,000; down $40,000 or 4.7% from December 2021.
That was the second largest decline in the study for all US cities, behind only San Francisco which saw a 5.1% decrease.
Considering rising interest rates, inflation, major layoffs, and recession fears, a 4.7% decline is not that bad.
Source: RE/MAX
Here is the cheapest home for sale this week in Valley Glen. Text me for more info at 818-445-7953.
Asking price: $839,000
This home has 3 bed/2 bath, 1,437 sq. ft. of living space, and is on a 5,500 sq. ft. lot.
This is the first time this property has been on the market in 60 years!
This fixer-upper features beamed ceilings, a family room, an enclosed sunroom, a laundry room, 2 car garage, and a private backyard.
This home is known as "Domestead", a one-of-a-kind dome-shaped home in Glassell Park.
With panoramic city and mountain views, 1 bed/2 bath, and 1,787 sq. ft. of living space on a 10,869 sq. ft. lot, this is, in my opinion, the most unique home for sale in Glassell Park.
Asking price: $1,725,000
Designed by Los Angeles architect William King.
Text me for more info at 818-445-7953.
Despite the sharp increase in December, recent housing data has indicated that rents have begun to fall: Realtor.com®, for example, reports that rents have dropped in many of the nation’s hottest real estate markets after rising more than 20% over the past three years.
Also, robust apartment construction likely will raise rental vacancy rates, which could help further ease rental prices in the months ahead.
Source: The National Association of REALTORS®
After 110 days of not being able to sell his property with another listing agent, the owner of this home needed to change up his selling strategy.
He had received my letters where I mentioned that I sold his neighbor’s house last August and then another one of his neighbor’s home last October. He was impressed with those record-breaking sales and decided to give me a chance. I immediately took over the listing and got to work.
My listing and marketing video received over 12,000 views online. In 19 days, we went into escrow, and now the property is officially sold!
Please let me know if you have a friend or neighbor looking to sell their property. Call/text me at 818-445-7953. Thank you!
Here is the cheapest condo for sale in Hollywood.
Asking price: $899,000
This condo has 1 bed/1 bath and 1,380 sq. ft. of living space.
The historic Broadway Hollywood building, built in 1928 as a department store, was converted into 96 loft condominiums in the early 2000s.
The building features a 24 hr. doorman, valet parking, a rooftop pool, cabanas with a firepit, and a gym.
Text me if you want a private tour at 818-445-7953.
Share of U.S. homes bought with all cash hits highest level since 2014. Roughly one-third (31.9%) of U.S. home purchases were paid for with all cash in October.
However, expensive West Coast metros dominate the list of places with the lowest share of all cash-purchases. They’re least common in the Bay Area: Just 14.3% of home purchases in San Jose and 16.5% in Oakland were made in cash. Next come Seattle (19%), Los Angeles (19.2%) and Newark, NJ (20%).
Source: Redfin analysis of county records
