Sherman Oaks, CA Real Estate News

By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
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...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
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 ...
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By Monique Bryher, MSPH, Broker-Associate -Physician Real Estate Specialist
(Pinnacle Estate Properties, Inc.)
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...
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By Ryan Case, Realtor servicing all of Orange County
(Coldwell Banker Real Estate)
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...
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By Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher
(Feng Shui Manhattan Long Island)
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
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
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...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
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...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
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: ...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
⬇️ 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, ...
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By Ronald Shore and David Hitt Shore/Hitt Network, The Most Referred Team in Los Angeles!
(Keller Williams Los Feliz)
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...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
⬇️ 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...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
 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...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
AVAILABLE HOMES FOR SALE IN SHERMAN OAKS CASherman oaks city is located in the San Fernando Valley area in southern California. It is neighboring on the north with Van Nuys, east with Studio City and on the west side with Encino. It is an small city but real estate here is very pricey, many celebrities live in the hills.Active: As of today December 28, 2015 there are 110 available homes for sale in Sherman Oaks Ca. One home is a probate and on auction, five homes are on short sale process and the rest are standard sales.  Seventy home listings are over a million dollar the rest go from $1,025,000 all the way toto $6,995,000. Average days on the market: 68 up to 280 maximum.Pending Status: There are 37 homes are on pending status with prices starting at $525,000 all the way to $6,995,000...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
  Christina Aguilera Home in Sherman Oaks CASherman Oaks is located in the southern side of the San Fernando Valley, neighboring eas with studio city, west with encino and north with van nuys. Many celebrities like: Christina Aguilera, Charlie Sheen, live on the hills side.: Active: As of today October 19, 2015 there are 139 available homes for sale in Sherman Oaks, CA, and  all of themt are standard sales.  Thirty nine listings are under one million dollar the rest go from $1,000,000 to $6,900,000. Average days on the market: 39,Pending Status: There are 42 homes on pending status with prices starting at $525,000 all the way to $1,892,000. Five listings are short sales and the rest are standard sales, with an average of 49 days on the market.Sold:  Thirty two homes closed escrow eighte...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
You are invited! The 25th Annual SHERMAN OAKS STREET FAIR—the largest event in the entire San Fernando Valley this Sunday! When: October 18, 2015Hours: 10 am- 6 pm.Where: Ventura Blvd. Who: Everyone and Anyone!Tickets: Free Admission!Parking:  the neighborhood surrounding the event as well as in two public lots: 1.  LA City lot at Cedros South (14591 Dickens) 2.  National Bank of CA, 147274 Ventura accessible via Dickens Street.What to expect: The event features fabulous live music, almost 200 vendors and displays, food courts, a beer, wine, and cocktail garden, classic cars, antique fire trucks from the LAFD Historical Society, carnival rides, a Kids Zone, raffle prizes, pet adoption, and much more!Who to Contact: Event OrganizersSchedule: HERE! and HERE! Come, bring your family and fr...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
If you are looking for inexpensive Land in Sherman Oaks Hills, CA? Call me. I have a truly fantastic opportunity. The Seller wants it sold NOW. This lot is on a cul-de-sac street perfect for your quiet getaway ten minutes from all the action of West Los Angeles and five minutes from Ventura Blvd's hustle and bustle life...Seller has old plans and old geology report. Land is on a paved road with houses and utilities across the street from this great view lot.      If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at me at 310.486.1002 (m) or homes...
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By Ronald Shore and David Hitt Shore/Hitt Network, The Most Referred Team in Los Angeles!
(Keller Williams Los Feliz)
David Hitt and Ronald Shore of Keller Williams Los Feliz have just helped a first-time buyer to purchase a townhome in the Sherman Oaks area of Los Angeles for $500,000, or $336 per square foot. They had the unit under contract before it even hit the MLS. The townhome purchase began on the 25th of February and escrow closed the 10th of April. The client was referred to Hitt and Shore from a Keller Williams agent out of state. The townhome is located in a complex on Riverside Drive and Ranchito Avenue across from the Sherman Oaks Westfield Fashion Square Mall. This lovely complex, built in 1975, contains 40 units and a pool. The 2 bedroom, 2 ½ bath, 2 story townhome is measured at 1,486 square feet, and boasts a 2 car attached garage, patio, balcony, and gas fireplace. The number of acti...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
SHERMAN OAKS CA HOME SALES STATISTICS 1ST QUARTER 2015 In the First quarter 118 homes were sold. The Minimum Listing Price $465,000 and Selling Price was $458,000 with 2 bedrooms, 1 baths, 936 square feet house, 4161 sq ft lot and 168 days on market.. Maximum Listing Price $3,199,900 and Selling Price $3,105,000 with 6 bedrooms, 6 baths, 6702 sq ft home, 51,675 sq ft lot, and 276 days on market.. Average Listing Price $1,123,757 and Selling Price $1,116,604 with 3 bedrooms, 2 baths, ,397 sq ft home, 9268 sq ft lot and 66 days on market.  17 sales were in the price range of 600K to 700K and 16 sales on the $700,000K to $800,000.1ST QUARTER 2014 126 homes were sold on that quarter. Minimum Listing Price $385,000 and Selling Price $ 376,000 it had 1 bedroom, 1 bath, 729 sqft, 5018 sq ft lo...
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By Ronald Shore and David Hitt Shore/Hitt Network, The Most Referred Team in Los Angeles!
(Keller Williams Los Feliz)
David Hitt and Ronald Shore's neighborhood multi-yard sale in the Sherman Oaks area of Los Angeles was a big success!On Sunday, April 12th, we hosted a multi-family yard sale in the neighborhoods of Magnolia Woods and Sherman Oaks Quad. Over 25 families participated in the event.In the weeks leading up to the sale, residents who wanted to participate signed up with us so their addresses could be included in a map of all participating homes. One home, across from Kester Elementary School was chosen as the focal-point, which was advertised in various print and on-line media. A document box was set out in front of that home with maps, so shoppers could move about the neighborhood from one home to another and not miss out on any good finds. On the morning of the event we drove the neighborh...
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
Economic update for the week ending April 25, 2015  Stock markets rise to record high levels -  More companies reporting first quarter profits above analysts' expectations, a rise in home sales, and rising oil prices lifted the markets this week.  The Dow Jones Industrial Average closed the week at 18,080.14 up from last week's close of 17,826.30.  The S&P 500 closed at 2,117.69 well above last week's 2,081.18. The NASDAQ closed at 5,092.09, a record high, up from last week's close of 4,931.82.        Treasury Bond yields rise slightly - The 10 year Treasury bond closed the week at 1.93%, up from 1.86%,  last week. The 30 year treasury yield ended the week at 2.62%, up from 2.51% last week.     Mortgage Rates remain stable –  The 30 year fixed rates are just above 3.75% for loans up to ...
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