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Los Angeles, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
My latest version of a corn chowder with clams... I have been a huge fan of fresh corn and other ingredients to make the Chowder. This time I decided instead of the canned minced clams why not go with the Wild For clam meat version.All I can say is once you switch to this you will never go back to the canned minced clams.You can actually taste the clams, and it was a hit. Tonight's easy dinner, since I had a really challenging day. Some day I might post about it. In the mean time enjoy the Clam/Corn Chowder. Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, 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 pe...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Lemon, Avocado, Bucatini & Shrimp pasta dinner... this dinner was inspired, because Diane wanted a break from " Red Sauce so with that said I reached into my cookbooks and found this recipe in one of my favorite cookbooks: "Pasta Modern." Those of you who read my posts know I would end up modifying the recipe to make it my own.Well, I did the short recipe, lemon, lemon zest, shrimp, avocado and lemon juice.My additions, fresh parsley, clam juice, little bit of heavy cream and a lot more wine:). I also added little bit of heavy cream and substituted red onions with sweet onions as well as added some baby spinach,  Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Wordless Wednesdays: Citrus Tree pruning in the back yard... Diane decided to prune the trees. Needless to say, she has been coordinating with our Gardner to do this. Hence, I was stuck dealing with them.They showed up in the afternoon while I was in the middle of keeping one deal together and negotiating two other deal.Next thing I know is they are putting cut branches into the "trash" barrel after they filled the "Green Barrel."  after they left, I was trying to salvage many of the oranges. Clearly you know for future Orange Juice.... Needless to say, managed to save some but what you see here was probably 50% the rest were lost!    Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, focused and goal-oriented Realtor in the ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Just for fun: I do not mind sharing our oranges with the Squirrels what I mind is if they are wasting the oranges.Well, see for yourself.I make fresh squeezed orange juice every other day and Diane I love drinking it. Now days here to get a quart like I squeeze can cost anywhere from $5.99 to $8.99 and for me it is 20 minutes, worth of work. I hate waste, I guess I grew up with parents who were born before or during the depression and I learned to be frugal about certain things.Wishing you a safe and healthy life and I look forward to your comments. If you are looking for a knowledgeable, 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 Realto...
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By Brian Skaar, Purchase Loan Specialist - VA, FHA, Conventional
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Using your VA Home Loan Benefit in Los Angeles -part 2 - refinance your home with a VA Loan The VA Home Loan benefit is a great opportunity for Los Angeles Veterans and Active Duty Military to refinance a LA home or Los Angeles condo.   We thought it would be a good idea to quickly review the benefits of VA Loans, and a few ways to use them to your benefit.  VA Loans require zero downpayment up to $700,000 in Los Angeles, throughout Los Angeles County.  VA Refinance Loans - available up to 90% of your homes value VA Jumbo Refinance Loans  - also available up to 90% of your homes value with corresponding amount of home equity.  these are also know as VA High Balance loans. VA IRRRL Streamline Refinance Loans  - Refinance into a lower rate with reduced documentation requirements, up to $1...
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By Brian Skaar, Purchase Loan Specialist - VA, FHA, Conventional
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Using your VA Home Loan Benefit in Los Angeles, part 1 - Purchase a home The VA Home Loan benefit is a great opportunity for Los Angeles Veterans and Active Duty Military to purchase a LA home or condo. We thought it would be a good idea to quickly review the benefits of VA Loans, and a few ways to use them to your benefit. VA Loans require zero downpayment up to $700,000 in Los Angeles, throughout Los Angeles County. VA Loans - zero downpayment required up to $417,000 VA Jumbo Loans - zero downpayment required up to $700,000 in LA (aka VA High Balance) VA Jumbo Loans up to $1.5M (with downpayment) Los Angeles VA Loans are available up to $700,000 with zero downpayment required. The Los Angeles VA Loan Limit in 2011 is $700k. However,Veterans are not limited to the Los Angeles Loan lim...
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By Ralph Gorgoglione, California and Hawaii Real Estate (310) 497-9407
(Metro Life Homes)
Congratulations to our Winners for August: Carla Muss-JacobsTanya NouwensSheldon NealCece Blase 1,000 Bonus Points each!! This month's "Liar" posts were from featured members: Karen FiddlerTodd PicconiJane PetersBob Willis Our winning members were outstanding "Lie Detectors" this month!! They each got 3 out of the 4 posts correct! Each month if there is one member who has the most correct guesses, they will receive 1,500 bonus points. If there is a tie, each member who ties will receive 1,000 bonus points each. Our next game will be posted Tomorrow, August 29th.  That game will end on the following Friday, so it will count towards September's tally.  It will feature ActiveRain member Richard Ruggaber. Watch for that post of "2 Truths and A Lie"!! If you haven't played yet, then try this...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Summary Report - August 28, 2010 Two-Bed Condos in Westwood/Century City (Area 5 of The CLAW MLS) Search The MLS Two-Bed Condos For Sale: 198 units Two-Bed Condos In Escrow (Pending & Looking for Backups): 48 units Highest Price Two-Bed Condo For Sale: $5,300,000 Lowest Priced Two-Bed Condo For Sale: $379,000 Largest Two-Bed Condo For Sale: 4923 sq ft ($2,950,000) Smallest Two-Bed Condo For Sale: 839 sq ft ($399,000) All information obtained from The Claw MLS is deemed correct but not guaranteed.
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Summary Report - August 28, 2010 Wilshire Corridor Condos (Included in Area 5 of The CLAW MLS) Search The MLS Condos For Sale: 109 units Condos In Escrow (Pending & Looking for Backups): 14 units Highest Price Condo For Sale: $19,000,000 (Nineteen Million Dollars) Lowest Priced Condo For Sale: $305,000 Largest Condo For Sale: 11,179 sq ft ($19,000,000) Monthly HOA Dues $6934.65 Smallest Condo For Sale: 621 sq ft ($325,000) All information obtained from The Claw MLS is deemed correct but not guaranteed.
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
  I have of late received quite a few calls asking about Wilshire Corridor Leasing, generally from people looking for the luxury and security that the Wilshire Corridor provides.There are presently 54 condos for lease with a median price of $5,500 per month.  The low is $1,950 for a 1 bed 1 bath, 869 sq. ft. unit at the Wilshire Selby West  and the high is a 3 bed 4.5 bath, 5,283 sq. ft. Penthouse at the brand new Carlyle $29,000. Westwood-Wilshire Corridor rentals listings  
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Summary Report - August 26, 2010 One-Bed Condos in the West Hollywood Vicinity (Area 10 of The CLAW MLS) Search The MLS One-Bed Condos For Sale: 68 units One-Bed Condos In Escrow (Pending & Looking for Backups): 21 units Highest Price One-Bed Condo For Sale: $1,440,000 Lowest Priced One-Bed Condo For Sale: $257,500 Largest One-Bed Condo For Sale: 1580 sq ft ($1,440,000) Smallest One-Bed Condo For Sale: 598 sq ft ($299,000) All information obtained from The Claw MLS is deemed correct but not guaranteed.
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Mid-Century Modern - Everything Old Is New Again A client of mine is selling his condo that was decorated over 30 years ago. The interior is an interesting mix of mid-century modern and 1980's gaudiness. It's certainly colorful and bold, but it works. The furniture, light-fixtures, wallpaper and window coverings are all in great, as-new condition. Everone who see the condo is impressed with the decor. Several prospects have even requested that my client sell the furniture. What most people are suprised to hear, is that my Seller is 90 years old.
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By Thuy Le
(Sotheby's International Realty)
A buyer was about to close escrow on a property which is in close proximity to the 405 freeway and was not aware that the freeway was being widened. This info has been all over the news and yet this is a material fact that the seller and yes, agents, should have stated in writing in the various forms. The buyer cancelled the escrow. Lesson to share -- it is absolutely critical to disclose all material facts even if a seller thinks that the buyer should "already" know.
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
1250 N Harper Ave, West Hollywood, CA 90046 1250 N Harper Ave is a new condo development of 32 units offering a selection of one, two and three bedroom units ranging in size from 1260 - 1932 sq ft. The development has been built around the historic 1923 Ramona Court apartments. Originally priced between $554,000 - $944,000, prices on all of the units have been reduced by an average of 12% after being on the market for just under 3 months. Prices now range between $499,000 - $899,000. The smallest unit is now priced at $407 sq ft and the largest unit is priced at $460 sq ft. At these rates, this development is the most attractively priced in the area!  Photos courtesy of The MLS. Development listed by Eric Fonoimoana (Broker).
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
"Los Angeles, California .... "It's not always what you know ... but who you know" - so let's get to know one another". The LA Connection is all about LA ... it’s about what’s happening in LA, what affects it and what drives it. Started in June 2008, The LA Connection Group has grown to over 780 subscribers and featured over 6800 posts. Check out the group and see the interesting and diverse subjects being discussed. With members from all over the country, and abroad, there's something for everyone to talk about. Top Left Pic - Greystone Mansion, Beverly Hills Top Right Pic - A view from a home in the Hollywood Hills Bottom Left Pic - Lake Shrine, Malibu Bottom Right Pic - The Getty Museum, Los Angeles
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
There is a new listing at The Churchill, 10450 Wilshire Blvd. on the Wilshire Corridor.  This is a 3 bed 2.5 bath, 2,064 sq. ft. unit on the 4th floor for $745,000.  The HOA dues are $1,527 per month.  The unit is south facing . The Churchill is a full service building with 24 hour concierge, valet, pool, spa, sauna, gym and recreation room. Search condos for sale at The Churchill on the Wilshire Corridor    
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
 At $578 million the Robert F. Kennedy Community Schools will open next month in Los Angeles at the site of the assassination of its namesake at the Ambassador Hotel. This K-12 complex, to house 4,200 students, is remarkable in its architecture, glass and metal predominate, and includes a state-of-the-art swimming pool, fine art murals, a huge auditorium "fit for the oscars", and a faculty dining room that would put a fine restaurant to shame.    Photo:  Damian Dovarganes/AP PhotoThe estimated cost is said to be $250,000 per pupil, more than the Bird's Nest stadium constructed for the Olympics in Beijing, price tag $500 million, and the Denver Broncos stadium $400 million.With a Los Angeles Unified School District budget deficit of $640 million, and 3000 teachers having been laid off th...
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By Brian Skaar, Purchase Loan Specialist - VA, FHA, Conventional
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Market Alert - All time low rates on Conforming Jumbo Purchase and Conforming Jumbo  Refinance Loans AKA High Balance Rates for Conforming Jumbo Purchase and Conforming Jumbo Refinance Loans  (aka Conforming High Balance Loans, Super Conforming, or Fannie Mae High Balance Loans) are at continues all -time lows this week. World and Euro Money market worries continue to cast doubt about the economic recovery worldwide.  This has driven down US Mortgage rates, especially Conforming High Balance Loans.    If your current Interest Rate is too high (5.375% or higher),  please give us a call to get started and lock in your low rate.    These rates will not last, the markets are very volatile.   Call 760-752-4480 and we can give you a quote to see if you would benefit.  We offer Fannie Mae Conf...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Situated in the heart of the Wilshire Corridor in the Westwood area of Los Angeles is the Ashton Westwood - a full service luxury apartment building. The Ashton Westwood offers a choice of one-bedroom, two-bedroom and penthouse residences - with a mix of high design and green living. The buidling features a wine cellar with climate-controlled bottle storag; a rooftop Sky Lounge with outdoor grilling and dining areas; sunning deck with conversational seating; an executive conference and private dining room for resident meetings and events; an outdoor fitness terrace and resident bike storage. There's also dedicated parking for low-emission and fuel-efficient vehicles. As their website says: "Here, opulence and good conscience go hand in hand." Photos courtesy of The MLS and Ashton Westwo...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
There is a new listing in one of my favorite buildings on the Wilshire Corridor, the Park Wilshire, 10724 Wilshire Blvd.  This is a 2 bed 2.5 bath, 2,018 sq. ft. unit for $1,140,000.  HOA dues are $1,620. The unit is well priced and is also available for lease at $4,900. Search condos for sale and lease at the Park Wilshire
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
2010 Price Reductions of Los Angeles Condominiums - MLS Market Trends The Combined Los Angeles/Westside MLS published a summary of Price Reductions for Los Angeles condos. According to the table below, the number of Price Reductions in 2010 is significantly lower than that of 2009. I think there are two reasons for this: 2009 was an important year for both Realtors and Sellers in terms of adjusting to market conditions - Think of it as a loud "wake-up call". (1) Realtors acknowledged that buyers were not prepared to pay the higher original list prices of 2009, and accordingly in 2010 listed properties at lower, more realistic market related prices. (2) Genuine sellers became more aware of the actual market conditions and agreed to list their properties at lower, market related prices, r...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
It is not for naught that we get our reputation
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By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Aroma Restaurant in Silver Lake - definitely don't curb appraise this one! Last night I had the good fortune to enjoy dinner at Aroma Restaurant in Silver Lake. I was there with a group to celebrate a friend's birthday or I may never have tried this fabulous spot.  Aroma is set in a strip mall at the corner of Sunset and Silver Lake Blvd.  Talk about a surpise! I was reminded of the old saying ‘don't judge a book by its cover'.  Who would have known such great food and service would be inside a place with such an unassuming exterior.    If you are a fan of Italian, I highly recommend Aroma Restaurant. From the hot, fresh bread to the tiramisu, we were not disappointed. My husband had one of the evening's specials- ‘surf and turf' which consisted of a delicious sirloin steak and butterfl...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Century Woods, in the heart of Century City is an exclusive complex of low-rise residences, built in 1991 by architect Cliff May.  Sitting in park-like surroundings, among the amenities are, tennis court, indoor and outdoor pools, spa and clubhouse. One unit sold over the past year, a 2 bed 2.5 bath, 2,487 sq. ft. unit for $1,240,000.  Days on the market were 101. There are two units for sale, on 5 beds 5 baths, 4,843 sq. ft. for $4,250,000 and one 2 bed 4 bath, 2,872 sq. ft. for $1,650,000.  This is also for lease at $14,750 per month. A 2 bed 2.5 bath, 2,872 sq. ft. unit is for lease at $6,850 per month. Search condos for sale at Century Woods  
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