january2023

Here is your chance to own an 1894 Queen Anne Victorian home in Monrovia!

This Queen Anne Victorian home has 7 bed/5 bath, 4,500 sq. ft. of living space, and is on a 21,716 sq. ft. lot.

This historic home was built in 1894 for the Burr Family.

Asking price: $1,900,000

Text me for more info at 818-445-7953.

LA home prices dropped second-most in nation in December

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

This fixer-upper is the cheapest home for sale this week in Valley Glen!

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 unique "Domestead" is for sale now in Glassell Park! Text for a tour!

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.

Rents rose by 8.35% in December, the highest increase in more than 40 years

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®

Bhad Bhabie says you can "cash me outside" of my Multimillion-Dollar home in LA! $$

Bhad Bhabie purchases a Multimillion-Dollar LA home.

Asking price: $3,195,000

Selling price: $3,040,000

This completely remodeled home has 4 bed/8 bath, 10,460 sq. ft. of living space, and is on 2.26 acres.

The home features 10 ft ceilings, an open floor plan, indoor/outdoor living, and a separate ensuite that can be a 5th bedroom or office/den.

There is a pool, spa, fire pit, covered BBQ & outdoor kitchen, and an eat-at counter in the backyard.

Reside in a historic building on the famous intersection Hollywood & Vine! Sign me up!

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.

Leonardo DiCaprio is buying up the whole Bird Streets neighborhood!

Leonardo DiCaprio just bought his next-door neighbor’s home in the Bird Streets.

Sold off-market for $10,500,000.

This home has 4 bed/4 bath, 3,527 sq. ft. of living space, and is on a 17,981 sq. ft. lot.

Leo's Bird Streets complex now includes 5 adjoining parcels of land that makeup 5.14 acres, making it one of the largest compounds in the Hollywood Hills.

Mario Lopez sells another Burbank home! Take a peek inside!

Mario Lopez just sold his beautiful Burbank home!

Asking price: $2,350,000

Selling price: $2,090,000

This Spanish Villa has 5 bed/5 bath, 4,387 sq. ft. of living space, and is on an 8,119 sq. ft. lot.

The 3 story home features a gourmet kitchen with a breakfast area, formal dining room, family room, and office.

There is a large patio area with a built-in BBQ and pizza oven. There is also a swimming pool, spa, and poolside cabana.

19% of LA homes in October were purchased with all cash.

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