SHOWN BY APPOINTMENT:  1-4PM on SATURDAY + SUNDAY Property:                                      5055 Coldwater Canyon Ave, Unit 203, Sherman Oaks, CA 91423Virtual Tour:                           www.5055ColdwaterCanyonUnit203.comOffered At:                               $535,000Call:                                           818-825-6996 to ViewProperty Description:          3 Bedrooms, 2 Bathrooms, Bonus Room, VIEWS! Shown By Appointment 1-4pm on Sat 6-6, Sun 6-7, Sat 6-13, Sun 6-14 - Call 818-825-6996 to schedule. www.5055ColdwaterCanyonUnit203.com. OFFER DEADLINE IS WEDNESDAY 6-17-20 at 5PM. $535K Beautifully Updated Contemporary 3 Bedroom, 2 Bathroom with Bonus Room Sherman Oaks Condominium with Breathtaking Views of Santa Monica Mountains with easy access to everything – 101 Freew... 06/04/2020

Qualifying for a Mortgage? Don't Step in a Large Deposit Mess By far, one of the most confounding experiences when one goes to obtain a mortgage is the sourcing of "large deposits" on a bank statement.  This is our industry's gift that keeps giving.  However, there are some ways to avoid inadvertently stepping into trouble and like with most things in life, an ounce of prevention is worth a pound of cure.   What Is a Large Deposit?Most of the time a mortgage lender will define a large deposit as a non-payroll deposit that exceeds 50% of your gross monthly income.  So, let's say you provide a bank statement to us.  We see an ATM or teller deposit for $6175 and your gross monthly income is $10K.  You can expect we will ask to know what the deposit is and where it came from.  Different len... 10/21/2019

What Is an Escrow Account? When renters desire to become home buyers, they quickly learn once in the mortgage process that their single rent payment will morph into "PITI" or "principal, interest, taxes and insurance," or a "total monthly housing payment."  So, yes, there are additional monthly expenses to consider when you become an owner.  Historically, ownership has bestowed tax benefit on the buyer and that's been an offset to the higher cost of ownership and because of this, the "rent vs. own" calculation has been used to more fairly compare the cost of putting a roof over one's head.  Rent may be simpler, but ownership is more comprehensive, if more expensive. Let's assume that our buyer has done the comparison and decides to move forward with purchasing a place of his own.  At so... 03/13/2019

Lock Watch for the Week of 1/14/2019 Volatility-O-Meter:A good mix of important reports throughout the week and though it does not seem promising at the moment, a resolution to the shutdown brings the potential for the stock market to rally and bonds to sell off.  Be careful. Economicalendar (all times are Pacific):Mon, 1/14:      Quiet.Tues, 1/15:     PPI and Empire State Mfg Survey (5:30am).Weds, 1/16:     Retail Sales and Import/Export Prices (5:30am), Business Inventories and Housing Market Index (7am), Beige Book (11am).Thurs, 1/17:    Housing Starts, Jobless Claims, Phila Fed Business Outlook Survey (5:30am).Fri, 1/18:        Industrial Production (6:15am) and Consumer Sentiment (7am). 10-Year Treasury History2.69%     Market Open2.66%     One Week Ago2.91%     One Month Ago2.54% ... 01/14/2019

3963 SUMAC DR SHERMAN OAKS CA 91403,another vacant lot SOLD~ Seller wants it SOLD NOW!!!!Fantastic opportunity to build your dream home South of Ventura Blvd with great city views. Upslope view lot on a paved road with utilities nearby. Geology Report, soils report and Topopography survey will be available with accepted offer. Next door to a recently built multi million dollar home on identical lot.Another challenging vacant lot sold in the Sherman Oaks Hills  South of the Boulevard affectionately known as SOB. If you are looking to sell your challenging or easy build vacant lots please reach out to me directly. Here is an example three other agents tried to sell this lot!! If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties ... 04/06/2018

JUST SOLD!4659 Wortser Ave., Sherman Oaks, CA 91423$1,055,000 Single story home in desirable Sherman Oaks. Open kitchen with new cabinets, quarts counter tops and stainless-steel appliances. Lots of natural light envelope open space between kitchen, dining area and living room. Hardwood floors have been refurbished, stained and sealed. All bathrooms fully remodeled, new dual pane windows and much more! Large 8,000+ SF corner lot with a newlyre-surfaced pool and plenty of space for entertaining and large family gatherings! Classic, tree lined neighborhood with abundant appeal and nostalgia! Ralph Gorgoglione - Broker / RealtorTop 3% Realtors NationwideMetro Life Homes  / BRE #01708344Maui Life Homes / RS-78439(310) 497-9407 / (800) 591-6121  /  Fax:  (866) 470-2717Web:  metrolifehomes.ne... 03/25/2018

3963 Sumac Accepting Backup Offer : another Vacant lot in the Sherman Oaks hills in Escrow!Fantastic Opportunity in the Sherman Oaks Hills South of the Boulevard to build your dream home.Seller wants it sold hence the huge price reduction. Pefect Opportunity for a buyer with visions of living  in the Sherman Oaks hills with peak a boo views of the San Fernando Valley.If you are considering selling your Vacant Lot, please reach out to me directly I am a Hillside Land Expert.  If you are looking for a focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach... 03/15/2018

What is a "Bully" offer?Many areas of the country have been, and still are, experiencing extreme price increases in home values over the past decade.Having been in the business for quite a while, I've seen the cycles and the trends.It tends to create a frenzy that in some cases, can bring ot the worst in people.One of those by-products of a crazy market is the "Bully" offer.A Bully offer is, in essence, one designed to put pressure on the seller.  They are typically (but not always) cash offers with very aggressive terms, coupled with a very quick deadline on the offer.  The purchase price offered is usually not as aggressive as the terms of the offer.In extreme upwards markets, a bully offer is usually intended on "locking down" the property before the market has the opportunity to spe... 02/17/2018

142 people came through my open house, with SPIES........142 people came through my open house this weekend.....Yup.  That's right.  142 people.We marketed this property the right way for this market, and it resulted in 142 people coming to our open house.Crazy market in LA.  Cray-Cray.But wait, there's more!We had a GOOD cash offer during the week.  The only thing is, they put a 24-hour deadline on their offer. And my clients wanted to stick to the plan of waiting until after the open house to allow the market to speak to them.  So we respectfully declined, and asked if they could please wait until after the open house 5 days later for a response.  Mind you, their offer was written sight unseen because there were no showings allowed until after the open house.But wait, there's more!The... 02/15/2018

3963 Sumac Dr. Sherman Oaks, CA another view lot JUST LISTED!!!Fantastic opportunity to build your dream home South of Ventura Blvd with great city views. Upslope view lot on a paved road with utilities nearby. Geology Report, soils report and Topopography survey will be available with accepted offer. Next door to a recently built multi million dollar home on identical lot. Interestingly about ten years ago I sold the neighboring lot and look at the home that they have built...This was the photo about seven years ago as they were finishing the home... life comes full circle, the neighbor did not want to sell then and was annoyed that I sold this one... four agents later, the neighbor figured it was time to sell it and might as well call the agent who sold the neighbor's home:))) If you ... 10/10/2017

Ten offers - all over asking price. Down-payments ranging from 20-50% or more. Buyers removing their appraisal contingencies, confident that their offers of 5-10% over asking price will nevertheless will be approved by independent appraisers. And if not, they're able, willing and eager to pay the difference in cash.In what highly-desired section of Los Angeles is this happening? Studio City and especially Sherman Oaks, due to its proximity to the 101-405 freeway interchange.What's happening in the Valley is two-fold and it's definitely not a "bubble." First, since film-making has come back to L.A. due to financial incentives initiated by Mayor Garcetti, there has been an influx of film people with the money to purchase homes. Second, because the Westside is very expensive and has experi... 08/15/2017

Sherman Oaks Condos For Sale If you are looking to buy or sell a condo in Sherman Oaks, California; then you have come to the right place. My website, www.shermanoakscondoforsale.com, features all of the 235 Condo Communities within Sherman Oaks, CA. Not only can you view photos, stats, a detailed description, HOA information & much more for each complex, but you can also do an extensive Sherman Oaks Condo Search to find the perfect Sherman Oaks Condo For Sale! Buying a Sherman Oaks Condo is a different process than buying a single family residence, thus it is imperative that you hire an agent who knows the ins and outs of each complex. From whether the building is FHA approved, hat the reserves are, and even what the owner occupany rate is, all aspects are crucial in the Sherman Oaks C... 06/13/2017

I was interviewed by VoyageLA Magazine last month and it so happened the article went live on June 5th, (my birthday!) The article highlights the stepping stones of what it took to create and build Feng Shui Manhattan to its current status and where it's evolving to. There is much more to this story and those chapters are in process. Enjoy! Read Full Article by clicking on: Meet Laura Cerrano of Feng Shui Manhattan in Sherman Oaks California 06/06/2017

You are invited to our Open House!  4600 Varna Ave. Sherman Oaks CA 91423 Directions : Between Woodman and Fulton, South of 101 Fwy.About this house : Wonderful 3 bedroom, 2 bathroom Mellenthin* home oozing with charm on a sweeping corner lot. This Sherman Oaks home is complete with a large pool and a 1 bedroom, 1 bathroom guest house with a mini kitchenette and a separate entrance. This beautiful home features 2 fireplaces, peg and groove hardwood floors, skylights, wainscoting, caved ceiling, garden windows in the bright kitchen, central air and heat, 2 car garage and so much more. This is the home you have been waiting for!Open this Sunday 4/2/17 2 - 5 pm! You are invited! Submit your best and highest offer by Tuesday 4/4/17. *A Mellenthin Birdhouse is one of the most iconic homes in... 04/01/2017

Just Listed: Fantastic Opportunity to build 4300+ sq ft home south of the Boulevard (aka Ventura Blvd), north of Mullhollan Dr (historic Mullholland Dr.)  The price includes not just the land, but the design and ALL required reports (survey, soils, grading, structural, etc.) for a LEED-certified, 4,300+ sqft, 4BR, 4 BA home, designed by New York based architecture firm, Worrell Yeung, in collaboration with a local architecture firm. Home has been designed to meet all the stringent requirements of the Hillside Ordinances and seller has submitted plans for permits. Take advantage of this opportunity before seller changes mind and builds it for himself.  If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach pro... 02/24/2017

The Real Estate Market in Sherman Oaks, August 2016Number of Homes listed for sale increased: Homes for sale: AUGUST 2016 211 | +18.5%⬇️ Condos for Sale: AUGUST 2016 81 | +11.0%New listings increased:  Low Price: $599,000 Median Price: $1,475,000 High Price: $7,500,000 ⬆️ Houses( sfr): 97 | +1.0% from 82 in July. Low Price: $350,000 Median Price: $499,000 High Price: $849,000 ⬆️ Condos: 45 | +1.0%  from 10 in July. Pending Sales in Sherman Oaks: Houses( sfr): dropped to 32 (from 57 in July).Condos: was the same as in July: 27.  Median Price Per SqFt dropped  in Sherman Oaks: Houses: $493 ( from $541 in July).Condos: $359 (from $391 in July). Median Days on the market increased in Sherman Oaks: Houses(sfr):  29 (from 26 in July).Condos: 23 (from 18 in July).Closed Sales in Sherman Oaks: ... 09/12/2016

⬇️ The Real Estate Market Monthly Update: Sherman Oaks CA, 7/16 ⬇️ At this moment: ~ there are 158 active homes for sale in Sherman Oaks, with lowest price $579,950 and highest $7,500,000 ( located in the Chandler Estates); Median Price per Sqft= $496. There are 81↓ houses in Escrow.~ there are 60( from 55 in June) active condos for sale in Sherman Oaks, with lowest price $200,000 and highest $899,000; Median Price per Sqft= $360. There are 50 condos currently in Escrow.  ⬆️ Live InfoSparks: Homes for Sale in Sherman Oaks, CA (SFR) ⬆️ ⬆️ Live InfoSparks: Homes for Sale in Sherman Oaks, CA (Condo) ⬆️⬆️Check my new listing for sale, 2br 2ba condo: 14569 Benefit St. ⬆️❗️For more information about Sherman Oaks Real Estate market or your free consultation if you are ready to sell or to buy, ... 08/03/2016

Tucked away about 30 minutes northwest of downtown LA is a small neighborhood in Sherman Oaks called Magnolia Woods. It's bordered by Sherman Oaks Community Quad and is really only about a 3-4 block radius just southeast of the Lake Balboa Park and the Sepulveda Basin Recreation Area.Magnolia Woods has about 4,000 residents in this small community and about 40% of them are homeowners. It's home to the Kester Ave Elementary School which has excellent ratings by parents and students alike. Just a couple blocks over is the Van Nuys middle school also receiving high marks.The neighborhood is easily accessed by the close proximity of the I-405 and Hwy 101 interchange, just south of the neighborhood. It has become a popular place for Kaiser workers as they can access several campuses fairly q... 07/25/2016

⬇️ The Real Estate Market in Sherman Oaks CA, June 2016 ⬇️ At this moment: ~ there are 159 active homes for sale in Sherman Oaks, with lowest price $599,950 and highest $9,500,000 ( located in the Chandler Estates); Median Price per Sqft= $496. There are 88 houses in Escrow.~ there are 55 active condos for sale in Sherman Oaks, with lowest price $299,000 and highest $825,000; Median Price per Sqft= $360. There are 50 condos currently in Escrow).  ⬆️ Live InfoSparks: Homes for Sale in Sherman Oaks, CA (SFR) ⬆️⬆️ Live InfoSparks: Homes for Sale in Sherman Oaks, CA (Condo) ⬆️             ⬆️Check my new listing for sale, 2br 2ba condo: 14569 Benefit St. ⬆️❗️For more information about Sherman Oaks Real Estate market or your free consultation if you are ready to sell or to buy, contact me dir... 07/12/2016

 All in a Day's Work. I took this picture on my way to pick up a set of keys for a showing. When you might say did this photo come about? It was on Valantines Day. Two hours before our "late lunch date" !!!This is when my friends from the east coast were reporting that the temperature was anywhere from -20 degrees to -40 degrees.Needless to say as we are a bit cold tonight I fell guilty putting on the heater... it is 60 degrees outside that is a plus and not a minus.... So if you are tired of the cold I know a great Relocation Realtor in Los Angeles that can help you relocate. His name is Endre Barath,Jr. feel free to reach out to him email or call him.    If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beac... 02/17/2016