Topanga, CA Real Estate News

By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
If you drive Topanga Canyon or just in the area, you will not miss this odd house. You have to stop and check it out. This place is just as cool on the inside as the outside would suggest. If you are like me ( aka a quirky junk admirer), you'll find a lot of vintage fun inside. And even if you have no plans to buy anything, but have time to dig through their staff you will find something 'one of a kind' that you absolutely must take home. A lot of local designers, artists, staggers visit this place often.  According to LA times Kate Moss has said she shops for vintage here. So has Lenny Kravitz. Hidden Treasures, located at 154 S. Topanga Canyon Blvd., and it is open seven days a week from 10:30 a.m. to 6:30 p.m. For more information, their story, and fun pictures, visit their website: ...
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By Tom Bashe
(SCA Real Estate - Call Now)
Lloyd Cullen Real Estate is a local Topanga Short Sale Realtor. As a Topanga Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Topanga Short Sale Realtor to help answer any questions you have in regards to Topanga Short Sales. Topanga Short Sale Realtor Lloyd Cullen is a local Topanga Short Sale Expert with experienced Topanga Short Sale Agents here to assist you.   Topanga Short Sale Realtor We specialize in Short Sales for Topanga and Surrounding Areas Home buyers may eventually be presented with the opportunity to purchase a home offered as a Topanga California short sale. Often, the perception is that these home prices are slightly lower than they might otherwise be because the Topanga homeowner is...
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By Elaine Hanson, REALTOR - Topanga, CA Real Estate Agent
(Compass)
We've had an active summer in the Topanga real estate market with 25 homes closing escrow between June 1st to August 31st. The homes selling? Those priced right for the market of course. Today's buyers are coming to the market informed on value. When they see value, they make a move.  This trend is well illustrated in the average days on market number for these sold homes. The sold homes averaged 62 days on market.  The average days on market for the first week of fall of all homes for sale is 211 days.  Price it right - it sells. Buyers with good credit are getting purchase loans. Surprisingly enough, we had a few 30 day escrows that actually were financed, funded and closed at or near that 30 day mark. That is a change from the constant delays we were previously seeing at the lenders....
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By Kirsten Shafer, Real Estate Broker in Arizona 480-440-3446
(Russ Lyon Sotheby's International Realty)
Topanga short sale homes for sale are easy to find. With the ongoing downturn of the market, Topanga short sale homes for sale become very prevalent.   Jerry Davidson of Nextage Capital Advisors will help you find a Topanga short sale home for sale if this is of interest to you. Topanga is an unincorporated area in western Los Angeles County, California. It is located in the Santa Monica Mountains. Located in Topanga Canyon, it is often referred to by that name and finding Topanga short sale homes for sale. Topanga short sale homes for sale are found everywhere and are surrounded on three sides by State Park or conservancy lands, and on the south by the Pacific Ocean and a small strip of  Malibu, which is the main community to the west.  Topanga short sales for sale are found throughout...
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By Florence Foote, Realtor, real estate agent
(Keller Williams® Realty)
Welcome to the Topanga Homes and Real Estate portal where you will find a wealth of information about Topanga real estate.  You can search every available home for sale in Topanga.   How's the Market Doing? Today, we have over 85 properties for sale.  The number fluctuates so be sure to check regularly at the best site for Topanga homes for sale.   Market Activity: Median Price: $789,000 Median Listing Price/Sq Ft: $462.54 Number of total listings: 87 Number of distressed properties (REO, bank-owned, short sales): 23 (aout 26%)   Snapshot for the last 7 days: For some insights, click "Topanga Market Snapshot"    Let's look at some Market Statistics for Topanga    For more statistics about Topanga, click Topanga Market Statistics    Topanga is very unique and it is very important that yo...
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By Florence Foote, Realtor, real estate agent
(Keller Williams® Realty)
  Friday 7/15/11, a law signed by Gov. Jerry Brown came into effect prohibiting a deficiency judgment following a short sale on a one to four unit property. This Senate Bill 458 is a step in the right direction for clearing the backlog of underwater mortgages and helping distressed homeowners who have been hesitant about short selling their homes. Until now, the exception to the deficiency judgment applied only to purchase-money loans, leaving distressed sellers open to possible suit for amounts owed on second mortgages and other junior liens.How much will it impact the real estate industry?  It may get some homeowners off the fense and into a position where they can consider a short sale, instead of waiting for an inevitable foreclosure.  Foreclosures are more dramatic at every level a...
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By Florence Foote, Realtor, real estate agent
(Keller Williams® Realty)
  That looks like the best option this weekend.  I am referring, of course, to the closure of a heavily used portion of the 405 freeway from Friday 7pm until Monday 6am due to the partial destruction of the Mulholland Bridge for the widening of the road. Everybody is bracing themselves for the “ordeal” of the major road closure and the newspapers abound with alternative options, one of which is (unfortunately) Topanga Canyon Boulevard.Granted, Los Angeles often feels like a beehive where the notion of commuting hours is ever expanding; it is a city that never sleeps. It would seem that such an occurrence would lead people to slow their pace of life and re-discover their neighborhood; maybe enjoy local activities whether going for a local hike, shopping at a local store or even having a ...
Comments 2
By Elaine Hanson, REALTOR - Topanga, CA Real Estate Agent
(Compass)
Get your tickets for the Topanga Canyon Gallery Studio Tour at the gallery. Check in at the Gallery, then follow the map to see your favorite artists in their home studios. It's a great chance to see where they work and live. Many will have demonstrations of their craft. There are usually a few artists at each location. Saturday, June 11th, 10am-5pm Sunday, June 12th, 11 am-5pm Tickets at the door are $20, you can still get the presale discounted price of $15 if you buy your ticket today. Free reception with the incredible Silent Auction will be on Saturday at 5-8 pm.  Come take a little bit of art home with you. For more information, go to Topanga Canyon Gallery Elaine Hanson, REALTOR® of Snyder Sutton Real Estate specializes in representing home buyers and sellers in the canyon commun...
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By Donne Knudsen, CalState Realty Services
(Los Angeles & Ventura Counties in CA)
  Topanga Days is an annual event high in the canyons of Topanga Canyon, CA and is arguably the last bastion of hippie-dom in Los Angeles. On a 12-acre parcel, south of Mulholland Dr. on Topanga Canyon Rd. is the Topanga Canyon Community House, which has been hosting the Memorial weekend event since 1973. Topanga Days (28th-30th) is known for it's great music but each year the games become more popular and even infamous.  This year promises to bring it all up a notch with more fun, bigger messes, and of course, prizes for the winners! The games kick off on Saturday May 28 with the cutest event, the Baby Derby.  If your baby is or will be in the crawling stage of life, this is the event for you. Other events during the three days will be the sack race, egg toss, water bucket fill, waterm...
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By Florence Foote, Realtor, real estate agent
(Keller Williams® Realty)
  Here are today's open houses in Topanga, whether you are looking for a home or looking AT a home.  Have fun!   516 GLEN TR, TOPANGA, 90290; 1 bed, 1 bath; 1,159 sq. ft. $579,000. Open house hours: 2 to 5 p.m. Sunday. 23225 SADDLE PEAK RD, TOPANGA 90290; 4 bed, 4 bath; 3,986 sq. ft. $1,694,050. Open house hours: 2 to 5 p.m. Sunday. 1363 OLD TOPANGA CANYON RD, TOPANGA 90290; 3 bed, 2 bath; 1,994 sq. ft. $769,000. Open house hours: 2 to 5 p.m. Sunday. 21000 COLINA DR, TOPANGA 90290; 3 bed, 2 bath; 2,248 sq. ft. $1,275,000. Open house hours: 2 to 5 p.m. Sunday. 2355 BURSON RD, TOPANGA 90290; 2 bed, 2 bath; 1,229 sq. ft. $725,000. Open house hours: 2 to 5 p.m. Sunday. 2420 OLD TOPANGA CANYON RD, TOPANGA 90290; 3 bed, 2 bath; 1,513 sq. ft. $1,049,000. Open house hours: 2 to 5 p.m. Sunday. 2...
Comments 2
By Florence Foote, Realtor, real estate agent
(Keller Williams® Realty)
  The Topanga Blues Festival is coming back to town the first Sunday in May.  If listening to top blues bands in a bucolic setting sounds appealing, this festival is for you.  Set in Will Geer’s legendary Theatricum Botanicum (better known for summer Shakespeare and other plays), the outdoor stage opened its doors to talented blues musicians and their fans some 27 years ago and the event has grown in popularity ever since.  Promoted by the Southern California Blues Society, this year’s event will include talented artists such as the multiple award-winning Chick Willis in a rare Southern California appearance, Lynwood Slim renowned for his talent on the harmonica, Gregg Wright who will take you down memory lane with his deep voice, and Sean Lane, famous for his front porch style old-scho...
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By Florence Foote, Realtor, real estate agent
(Keller Williams® Realty)
The Topanga Earth Day festival takes place over more than just one day - it will be celebrated from April 22 through April 24, 2011.Topanga Earth Day is a celebration not to be missed. Every year, Topangans and nature lovers from all over Southern California congregate to celebrate Earth Day during a fun-filled celebration over a 3 day period.  As a rehearsal for the highly celebrated Topanga Days held during Memorial Day, these 3 days are dedicated to the Earth, a subject that is near and dear to this nature-loving community.  Started 12 years ago, Topanga Earth Day has something for everyone.  You will find eco-stations to expand your knowledge on the latest ways to be kinder towards our Mother Earth.  Guest speakers and workshops are aligned. From tree planting to solar panels, thes...
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By Elaine Hanson, REALTOR - Topanga, CA Real Estate Agent
(Compass)
The enjoyable spell of warm weather we are having is not the only thing that has heated up in Topanga. The real estate market has moved into high gear.  Since February first, we've had 17 new listings hit the market. Big news? Considering that Topanga's average number of active listings circles right around 70 active homes for sale, that is a big chunk.  But that's not all. Along with new listings just entering the market, 16 homes have entered escrow and are in either Looking for Backup or Pending status. Nice. Along with the numbers on the MLS, there has been an upsurge in active buyers cruising through open houses and showing tours.  Considering we are not even quite halfway through March, it's a good sign for our spring-summer season.  If you would like a personalized market report ...
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By Connie Tebyani, Platinum Home Staging, Los Angeles and Ventura County
(Platinum Home Staging, Inc. : RESA-Pro)
We are happy to say that we are On-A-Rollwhen it comes to helping Realtors, Home Owners and Developers sell their homes in the Los Angeles and Ventura Counties quickly. This wonderful single family home in a guard gated community of  Topanga Canyon had been on the market with nary a nibble (offer) for almost 2 YEARS!  The home was Staged by our Professionals and went into escrow in less than 6 WEEKS!  (October 2010) Truthfully we are not surprised by this since over 95% of the homes staged by Platinum Home Staging, Inc. have opened escrow within the first few weeks, many within just DAYS !   Here are a few more pictures of this vacant Topanga Canyon home which was Staged and transformed in just 1 day. You can see a complete portfolio of both before and after Home Staging photos of this...
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By Elaine Hanson, REALTOR - Topanga, CA Real Estate Agent
(Compass)
Real Estate Activity in Topanga 90290 - June 2010 There were 88 Total Homes for Sale 71 in Active status 10 in Looking for Backup Status 7 in Pending Status There were 7 homes Sold in June 2010 Lowest sale price $570,000 Highest sale price $3,345,000 Average selling price to Average Listing price 91,88% YTD homes sold in 2010 - 29 Average Days on Market Active homes - 131 Backup - 80 Pending - 60 Sold - 110 This puts the numbers slightly ahead of sales for June 2009 in which 5 homes were sold. Year to date rate is way up with only 23 homes sold through June 2009 and 33 sold through 2010 - PLUS we immediately closed 4 more homes in the first week of July 2010.  The Median Price for Topanga 90290 has staggered around a bit, but has settled in at just under $1 million.                     ...
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By Elaine Hanson, REALTOR - Topanga, CA Real Estate Agent
(Compass)
Come up to "Reggae 'Pon the Mountain" Saturday, June 26, at the Topanga Community House. It's only $20 for an entire day of reggae music featuring Pato Banton. Ras Michael, and Quinto Sol. There will be local and regional artists as well. One cool thing about this concert is the producers - two guys who grew up here in Topanga and wanted to produce a fun event to support the Community House and its youth services programs. Best wishes for a successful event to Brooks Ellis and Amit Gilad! Saturday, June 26, 2010 10 a.m. to 8 p.m. Topanga Community House 1440 N. Topanga Canyon Blvd. $20 entry More artist and ticket info at TopangaReggaeFestival.com
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By Elaine Hanson, REALTOR - Topanga, CA Real Estate Agent
(Compass)
Hey Batter! Anyone out there feeling Spring-y and ready to step up to the Topanga Community House ball field for softball?   Every Wednesday from 6 p.m. to dark, you can put on your glove and get in the groove of adult pick-up softball games. Bring your gear, some snacks and a drink and join in the fun. There is even a BBQ, so bring something for the grill.   Teams are formed each evening from whomever shows up, so you can meet, greet and beat a different group of folks each week.   Youths from 14-17 can join in too, with parental sign-in. Have mercy on the adults, please, although, quite possibly, no mercy may be given in return. Come up and have fun - it's free, but a donation would be nice. It's tough on a volunteer organization to take care of that big field.   This is a program of ...
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By Nina Kurtz, REALTOR in Malibu and Los Angeles
(Compass Malibu)
Hi all! As I mentioned to my Facebook friends, I am certainly happy that our economy is getting better. We could all use it! Here's an article that explains the details about how our country's home sales are on the rise. All of the cheaper inventory seems to be gone, or very sparing as compared to a few months back. All of the lower-priced Top O' Topanga houses are gone, and the cheaper condos in Agoura, Calabasas, Thousand Oaks and Malibu have all been snagged. The catch 22 is that when that cheaper inventory was available, loans were pretty difficult to come by. Now that the loan market is getting a bit better, now those choice picks seems to be gone. I can't ever predict the future, but the indications are certainly that things are picking up. http://money.cnn.com/2009/08/21/real_est...
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By Nina Kurtz, REALTOR in Malibu and Los Angeles
(Compass Malibu)
Hi All! Well, it really is starting to feel like summer is here in Topanga! While it's not as hot as it usually is this late into June, the parties celebrating Summer are a-plenty in my neck of the woods. I'm thinking of having a gathering at the teepee where I live with some friends to help me welcome in the new season. There's been a lot of action in my local real estate market on the very high and lower ends of the pricing spectrum. Everything from a beautiful beach house in Malibu just closed for just under $11,000,000 and a manufactured home in Top of Topanga closed for a little less than $200,000. These, while many other properties on both the high and lower end, have entered into escrow in the past couple of weeks. That's what usually seems to happen in a recovering market. Peopl...
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By Nina Kurtz, REALTOR in Malibu and Los Angeles
(Compass Malibu)
Hi all! Well, I got the most touching client review, and just want to take a moment to share it with everyone,  - Why Nina Kurtz will always be my Realtor -"I found Nina the same way I found Topanga. Exploring. Although I found her at an open house, I really wasn't sure I was ready to buy. This is how our relationship began. Over the next several months, Nina worked tirelessly to understand what I loved about Topanga and seemed to intuitively know what I was looking for in a home well before I did. Her careful preparation and enthusiastic approach to real estate made our journey through the housing market of Topanga genuinely enjoyable! Which isn't to say I didn't lose heart at times; I did. Between the loan market and the economy in general, it was a tough road and I wasn't always sure...
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