L.A. real estate news and insights.
Here's the history of the house that has a secret tunnel to the Comedy Store on Sunset Blvd.
This Spanish Colonial estate has 5 bed/5 bath, over 4,681 sq. ft. of living space, and is on a 7,511 sq. ft. lot.
Asking price: $3,950,000
Text me for a tour at 818-445-7953.
The Hunting Cabin in Bel Air has SOLD!
This home has 0 bed/1 bath, 655 sq. ft. of living space, and is on a 4,673 sq. ft. lot.
Did you think it would sell for this much?
This is down from 9% last year, signaling a cooling in the real estate market. Do you think it will be 25% by the end of June?
P Diddy is selling his Toluca Lake home that his ex Kim Porter lived in.
Asking price: $6,999,999
Selling price: Pending
This gated estate has 6 bed/7 bath, 9,655 sq. ft. of living space, and is on a 23,399 sq. ft. lot.
The home features a grand 2 story entry foyer, a large kitchen and great room, a fireplace and balcony in the master suite, and a media room upstairs.
The backyard has a large pool w/ spa, lawn, and basketball court.
Off Market Condo Alert for Valley Village!
The condo has 2 bed/2 bath, and 1,260 sq. ft. of living space.
This corner unit features a large open floor plan, remodeled bathroom, laundry in unit, large bedrooms, private balcony, and 2 gated parking spaces.
Text me if you want more info at 818-445-7953.
New off-market property in Sherman Oaks!
Not available to the public.
This newly constructed home features a main house with 3 bed / 3.5 baths and an ADU with 1 bed / 1.5 baths.
Total of 3,057 sq. ft. of living space on a 6,754 sq. ft. lot.
The home features an open floor plan, large kitchen w/ island, stainless steel appliances, high ceilings, recessed lighting, hardwood floors, a large master suite w/ walk-in closet, and ensuite bathroom w/ steam shower & a tub.
Text me if you want a tour at 818-445-7953.
Let's Eat!
For the 3rd year in a row, I gave all my friends and clients pies for Thanksgiving!
Didn't get invited?
Sign up to receive the latest news and insights from me and you will get on the list for next year!
Happy Thanksgiving!
There were 67 property sales in Burbank for July 2020.
Home sales will be strong this Summer.
Expect a dip in sales once the flu season starts.
Look for a bounceback in December.
Home prices will slightly continue to rise the remainder of the year.
60 seconds isn't enough time to go over all my thoughts on what I think will happen in the real estate market for the rest of 2020.
Check out the full answer on my IGTV @DanielLosAngeles.
There were 63 property sales in Burbank for May 2019.
Thank you for entrusting me with the biggest purchase of your life (so far) 😁.#repost from @lauran.mn
Home. 🏡
So many feelings. Thankful. Proud. Sad. Excited. We are so thankful for this opportunity in spite of what’s going on in the world right now. Proud because all of our hard work has come to fruition. Sad we’ll be leaving our cozy little apartment and the city we’ve called home for the past 5 years. Excited that we have a new, bigger place to create more memories in as a family. ✨
Also, decided it was probably time to upgrade since we’ll be sheltering in place for who knows how long. All of this could not have happened so quickly and so smoothly without our realtor, @daniellosangeles (Daniel Madariaga). Anyone in need of a realtor should def hit him up.
There were 34 property sales in Burbank for the same dates last year, 5/1/19 - 5/16/19.
There is no rule on what the list price of your home should be.
You can literally put the list price at $1.
I don't recommend doing that because you will get 1,000 offers and you will have to sort through them all to see who the real buyers are.
If your initial offer gets rejected by the seller, don't be afraid to submit a new offer.
However, you have to improve either the terms of the deal or the price.
Find out what specifically the seller didn't like about your first offer and change that in your new offer.
For example, maybe the seller liked everything about your offer, but they hated that you wanted 17 days to inspect their home.
Bring that 17 days down to 10 days... maybe that one change will work for the seller and would open up the possibility of you getting an accepted offer.
I recently spoke to the owner of a very large home inspection company that serves the entire Los Angeles area.
He said that his company does on averages 450 - 500 inspections a week.
Last week, his company only did 250 inspections.
That's a major drop from their average.
This tells me that demand is way down, however, serious buyers are still snatching up properties.
I expect this trend to continue until the stay-at-home order is lifted.
What an amazing opportunity for buyers to finally not have to go up against so much buyer competition!
In my opinion, there will be a buying frenzy after the order is lifted.
