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Los Angeles, CA Real Estate News

By Monique Carrabba
(The Carrabba Group/Keller Williams)
In Los Angeles, I have had many people ask me: "So I would like to buy a foreclosure." No one really wants to buy a short sale but usually when someone says they want to buy a foreclosure that's what they mean. Here is a quick cheat sheet for all of you foreclosure buyers. The first thing that usually happens to a homeowner is they can't pay their mortgage. This triggers a Notice of Default. The lender notifies the homeowner that they need to become current in their loan or risk the sale of their property at a foreclosure auction. If the homeowner doesn't become current on their loan the lender will than file a "Notice of Sale". This is the date the property will be for sale at the courthouse steps. Before this occurs the homeowner may want to do a short sale. This means that they sell ...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
How do properties become "Subject To Power To Sell"? Upon the failure of the property owner to meet the payment obligation of his or her property tax by the final due date, usually June 30 of each year, the Treasurer and Tax Collector sends the property owner a notice of impending sale followed by a Notice of Auction. The default opens a 5 years waiting period for residential property and 3 years for non-residential commercial property during which the delinquent taxes, interest, and penalties accumulate until redeemed. At the end of the 5 years for residential property and 3 years for non-residential commercial property, if the tax remains unredeemed, the Treasurer and Tax Collector has the power to sell the property. What is the notification process of properties that are subject to p...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Hungarian Speaking/Writing Realtor (Magyar nyelvű ingatlanügynök Dél-Kaliforniában) If you are considering buying an Ocean view Condominium or an Ocean View home in southern California. Please contact me. It is challenging enough to relocate from one part of the city to another. Imagine relocating from a different part of the world. Now you need someone who actually can speak and write in your language. So if you are Hungarian or speak Hungarian I am the Realtor for you. Now if Ocean view is not important, but you like the idea of living close to the ocean, there are many buying opportunities waiting for you. Los Angeles Real Estate has a huge price spread, since the greater Los Angeles Real Estate market consists of 60 square miles.  I will be your trusted advisor to help you with your...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Le Parc, Century City has a new listing.  it is a 2 bed 2.5 bath, 2,616 sq. ft. unit.  HOA dues are not disclosed but should be around the $1,800 mark. There have been no sales at Le Parc over the past month.  There are 4 units for sale for a median price of $1,450,000, average days on the market 138. 1 unit is under contract. Find homes for sale and lease at Le Parc
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
The Westholme, on the Wilshire Corridor has a new listing.  it is a 2 bed 2 bath, 1,312 sq. ft. unit for $429,000.  HOA dues, which include a special assessment through 2016 are $1,140.  Normally they are $1,068. There have been no sales at The Westholme over the past month.  There are 5 units on the market for a median price of $449,000.  Average days on the market are 135. Find condos for sale and lease at The Westholme
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I'm back with the Downtown LA Series at the Mura Lofts, located at 629 Traction Ave in the DTLA arts district.With the Downtown LA Series, I'm promoting the residential options within the DTLA area, as well as showing the affordable price point of living in Downtown LA.This unit at the Mura Lofts is a 2 bed, 2 bath, 1320 sq ft unit, priced at $499K at the time of recording. The unit is a short sale and the price is not guaranteed. HOAs for the unit are $430/mo as well, including parking.Downtown Los Angeles is an urban hub of big business, entertainment, and a thriving arts district. Landmarks such as the Staples Center, Disney Concert Hall, MOCA, LA Live, Nokia Theatre, Ritz Carlton, and more make this urban area the perfect place to work, live, and play!Go #dtla!www.CarolineSellsTheC...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
There is a new listing at the Century Towers in Century City.  This is a 2 bed 2 bath 1,301 sq. ft. unit for $995,000.  The HOA dues are $1,511 per month. Century Towers has seen 2 sales in the past month, the low being $490,000, and high $540,000 for a 2 bed 2 bath. Average days on the market were 135 There are 2 units under contract and 15 active.  The median price for the active units is $1,395,000.  Find condos for sale and lease at The Century Towers in Century City    
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By Matt Listro, Your Credit Repair Expert
(National Credit Fixers - Matt Listro)
Credit Repair in California National Credit Fixers: 330 Roberts Street Suite 402 East Hartford CT 06108 phone: 860-282-6181. National Credit Fixers boasts of 14 years experience repairing low FICO scores. Whether your credit has been damaged by a foreclosure, bankruptcy, slow credit, collections, judgments, repossessions, etc. we can help. We are the experts in credit restoration and credit repair. We have helped numerous residents of California and are experts in California credit repair. How do you pick a credit repair firm?  Interview them!  Please give me a try - I have been doing credit repair for 14 years!  I will do a good job for you at a very reasonable price.  Call me and come in for a free consultation.  We can sit down and go over your credit report and determine if I can be...
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By Bree Long
(Keller Williams Realty)
Finding the best school for your child is one of the most important decisions a parent can make in Los Angeles. Budget cuts, failing curriculum, crowded classrooms, and unmotivated and underpaid teachers are a reality in California's present day school system.  Even so, many parents do not have the option of providing their kids with private school education so they must make every effort to make the best out of California's less-than-ideal school system. With the end of Summer upon us, parents are well in to the throes of considering these complicated questions when it comes to their childrens' education. Here are some of the questions you should consider when evaluating a prospective school (courtesy of Wayne Davis, Realtor): Do Your Research: Scholastic Considerations What is the cu...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
There is a new listing at the Park Wilshire on the Wilshire Corridor.  This is a 3 bed 3.5 bath, 2,677 sq. ft. unit on the 10th floor for $1,495,000.  HOA dues are $1,934.75. Only one unit has sold at the Park Wilshire over the past 3 months, for $1,100,000.  This was a similarly-sized unit. Days on the market were 379 and sale to list price was 62.86%. However this was a short pay, and the unit was significantly overpriced at the start. There are 10 units presently on the market for a median price of $1,069,500 and average days on the market are 92. No units are under contract. Find condos for sale and lease at the Park Wilshire  
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By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
New Listings as of September 18th for Hancock Park Real Estate and the Greater Wilshire Area. Work with a REALTOR who specializes in Hancock Park and the surrounding neighborhoods and get this list delivered directly to YOU for Hancock Park New Listings Call me: 310-666-5052 or Email me: Angela@AngelaBond.com   424 N Lucerne Blvd, Los Angeles CA $939,000 2 br, 2 ba, Single-Family Home Greater Wilshire / Hancock Park   359 S Orange Dr, Los Angeles CA $1,450,000 4 br, 3 ba, Single-Family Home Greater Wilshire / Hancock Park   822 S Plymouth Blvd, Los Angeles CA $850,000 3 br, 2 ½ ba, Single-Family Home Greater Wilshire / Hancock Park   670 Crenshaw Blvd, Los Angeles CA $680,000 8 br, 5 ba, Single-Family Home Greater Wilshire / Hancock Park  
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
There is a new listing at Park Place Century City, 2142 Century Park Lane.  This is a 2 bed 2 bath, 1, 580 sq. ft. unit for $749,900.  HOA dues are $864 per month. Park Place has had 4 sales over the past 3 months, for a median price of $720,000.  Days on the market were 35 and sales to list price was 96.45%. 2 units are presently under contract. 8 units are on the market with a median price of $912,000.  Months inventory for Park Place is 6.4, showing a fairly balanced market. Data provided by MLS CLAW deemed reliable but not guaranteed.  Private sales not included. Find homes for sale at Park Place
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I'm in South Park today showcasing The Luma Lofts in Downtown Los Angeles as part of my #dtla series!The Downtown LA Series was created to promote awareness of the Downtown LA housing market, as well as show the affordability of housing in the various DTLA complexes.The Luma Lofts is located at 1100 S Hope St in South Park, and is a green LEED certified dwelling. This one bedroom, one bath unit is priced at $449,900 with HOAs of $620 at the time of recording.Downtown Los Angeles is an urban hub of big business, entertainment, and a thriving arts district. Landmarks such as the Staples Center, Disney Concert Hall, MOCA, LA Live, Nokia Theatre, Ritz Carlton, and more make this urban area the perfect place to work, live, and play!Go #dtla!www.CarolineSellsTheCity.com
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By Angela Bond, Los Angeles Real Estate | 310 666 5052
(Keller Williams Realty)
  My first stop of the day was 338 N Citrus Avenue.  I can't help but imagine a big family running around this house and making use of all the wonderful space.  The downstairs has a fantastic flow/feel already, but I might be tempted to take out that back bedroom and expand the kitchen back there to open out into the garden.  But that's just me, always looking for ways to change a place - it's the fun part of our job.  Upstairs you'll find the other three bedrooms and two bathrooms.  The one at the rear of the house has a cute balcony and almost appears to be in the branches of the large tree outside - very romantic.  Specs are: 4+3 in 2,505 sq/ft at $1,275,000.  (Accepted offer already)     Moving on to 627 N Gower Street, I discovered a very private home, right in the heart of Larchmo...
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For anybody who reads my blog on a regular basis, it's no secret that one of my all time favorite styles of home is a classic Spanish juxtaposed with an slick, modern interior. There have been many homes that have come close to making my fantasy a reality, but they never quite hit the mark. Like Alanis Morrissette sung with utter frustration, "It's like meeting the man of my dreams and then meeting his beautiful wife...isn't it ironic, don't you think". While there's not much "irony" in this situation per se, it can be hard to find the dream home you envision in your mind.  I previewed this home cautiously optimistic, but  I have to say it didn't disappoint. At this asking price, it has to be flawlessly executed. Somehow it managed to achieve that standard and exceed my expectations (I ...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
This report covers the first two weeks of September. The Westwood Los Angeles real estate market is chugging along in the under $2 million category.  Three homes and 6 condos sold in that price range.  Westwood Los Angeles homes under $2 million are doing better than condos in the same.  Average days on the market for single family homes are almost half those for condos.  The single family home months inventory indicates a strong sellers' market while for condos it is still a buyers' marketThe luxury market, homes and condos over $2 million remains sluggish.  There have been no sales in the month of September.  Months inventory for single family homes is fairly balanced at 6.66 months, but the high end condo market has a staggering 35 months inventory Westwood Real Estate Market Sales T...
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By Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy
(Napa Consultants)
Deem (Dim) Sum is one of the special treats of Chinese cuisine.  We love the Empress Pavillion in Los Angeles' Chinatown.  Continuous carts with fresh treats come out the kitchen to thrill one's palate.  - WATCH VIDEOS-  Buzz-Worthy Luxury Real Estate Websites  Personal Branding Case Studies   Company Branding Case Studies  About Language of Luxury - JOIN THE LOL COMMUNTIY -  GET FLUENT. GET AFFLUENT!  Linked In, Facebook, Active Rain  Broker Agent Social, Proxio, Real Town, & Bigger Pockets Follow Us on Twitter: LuxuryMarketing
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    I'm Downtown again, this time featuring the El Dorado Lofts on 416 S Spring in #dtla. This penthouse 1 bed/1 bath unit is 856 sq ft and priced at $372,900 at the time of recording.With this series, I want to show what the available housing options are Downtown, as well as show what an affordable price point the real estate is here.Downtown LA is also a major entertainment hub -- with such landmarks as Staples Center, LA Live, and Nokia Theater, a thriving Arts District, and dining and entertainment resources galore.Go #DTLA!www.CarolineSellsTheCity.com
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
West Hollywood is famous for its eye-catching Billboards and exciting outdoor advertising. Most of the billboards and "tall wall" ads are along the Sunset Strip, on Sunset Blvd between Doheny Drive (on the West) and Crescent Heights Blvd (on the East). There are also some great looking billboard ads along Melrose Blvd. There's currently a heated debate underway about allowing more buildings to have "tall wall" advertising off the Sunset Strip. Supporters of the additional advertising claim that the city will earn million of dollars in increased advertising revenue. The City in turn, is trying to balance the benefits of the additional revenue against its policy of decreasing outdoor advertising except on The Sunset Strip. While some argue that these ads cause urban blight, I like the ads...
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By Andrew Jones, LA Beach Cities Homes 310-399-3740
(Horizon Pacific Realty )
Take a musical tour of Abbot Kinney Boulevard's truly eclectic retail district in Venice Beach, California. Get a first hand look at this wonderfully unique community in Los Angeles's Beach Cities. Home to the famous Abbot Kinney Street Fair & First Friday street scenes. Venice Beach real estate agent and Realtor Andrew Jones hosts for Horizon Pacific Realty & LABeachCitiesHomes.com. Live the Life.       See Complete, Categorized, Up-to-Date MLS Listing for all Properties Available in Venice Beach and L.A.'s Other Beach Cities at AJonesREALTOR's Website: http://www.labeachcitieshomes.com Home Page / Malibu / Pacific Palisades / Santa Monica / Venice / Marina del Rey / South Bay / Palos Verdes Peninsula / Harbor Cities / Contact Us   Full Menus On Every Listing for  Comparable Sales Repo...
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