West Hollywood, CA Real Estate News

By Matt Sweeney, Rich Kids Real Estate
(Rich Kids Real Estate: The Brokerage)
It's been a while since I have last posted! My typical disclaimer is that things have been so hectic that I have had little time to breathe, let alone sit down to write. With that said, it gives me no greater pleasure than to update my blog with a new sale by Rich Kids Real Estate in the West Hollywood area! Located on prime Harper between Melrose Ave and Santa Monica Blvd, my clients instantly fell in love with this property (as well as the whole home buying community apparently...I'll touch on that shortly). The moment you walk through the front gate encased in lush green palms for ultimate privacy, you are immediately enveloped in the playful yet sophisticated courtyard. Colorful plants. vines, and hedges surround the front entrance while whimsical tiles add a Moroccan flair to this ...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
Stewart Penn | Penn Properties | stewart@stewartpenn.com | (310) 844-6515 848 N Kings Rd #111, West Hollywood, CA Stunning Fully Furnished Condo with Private Patio Furnished 2BR/2BA Condo $4,000/month Bedrooms 2 Bathrooms 2 full, 0 partial Sq Footage 1,150 Parking 1 dedicated Pet Policy No pets Deposit $6,000 DESCRIPTION Fully furnished, totally remodeled 2-Bed 2-Bath condo in classic Mid-Century building on sought-after Kings Road. Spacious living room opens to private patio, complete with barbeque. Unit includes WiFi, 2 HD TVs (one with TiVo HD), iPod hookup to living room speakers & free local and long distance domestic phone. Sparkling pool and spa in lush courtyard setting. Ideal location within walking distance to restaurants & stores on Melrose Ave and Santa Monica Blvd. see add...
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By Elizabeth Weintraub Sacramento Broker, Put 40 years of experience to work for you
(Elizabeth Anne Weintraub, Broker)
I attended a conference of sorts titled An Afternoon in Los Angeles, which was put on by About.com.  Because About.com is a profit-making vehicle for the New York Times, it treats all of its writers pretty well. First, we had lunch in a private garden at the Sunset Marquis Hotel. Glorious sunshine and no wind. Perfect weather. Then we had a 3-hour session with our editors and a lively discussion with other writers during a couple of workshops. We brainstormed. Discussed what our readers want to find at our particular sites. I do the home buying and home selling website for About.com and have been writing articles / blogs for this site for 5 years. This is in addition to my services to the Sacramento community as a Sacramento short sale agent. To my astonishment, part of the presentation...
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By Elizabeth Weintraub Sacramento Broker, Put 40 years of experience to work for you
(Elizabeth Anne Weintraub, Broker)
Usually when we fly out of the Sacramento airport we park at the economy lot and take the bus to the terminal. This involves planning ahead and allotting enough time for driving up and down the aisles looking for parking spots in the aisles we were told had parking spots and which do not, lugging my suitcase across gravel because we've finally parked on the outskirts somewhere, and then shivering at the bus stop as we wait for the bus that takes forever to arrive. The economy parking lot at the Sacramento airport is not a pleasant experience. For that reason, I decided to splurge a little on this trip and park in the garage. I sell Sacramento short sales and, in exchange for that abuse, I rationalized to my husband that we should not have to suffer in the economy lot. It was a short wal...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
West Hollywood Condos - Market Report for March 2011: () February 2011, January 2011, December 2010 Number of Units Sold: 37 (13-23-30) Average Days on the Market: 74 (74-121-116) Median Price: $543,000 ($510,000-$545,000-$482,000) Average List Price: $549,000 ($646,000-$619,000-$536,000) Average Selling Price: $532,000 ($613,500-$589,000-$515,000) Lowest Price Condo Sold: $260,000 ($295,000-$270,000-$235,000) Highest Price Condo Sold: $800,000 ($1,600,000-$1,555,000-$890,000) Total Sold in Dollars: $19,700,000 ($7,977,000-$13,560,000-$15,457,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area. Now also selling Mid-Century Modern homes in Palm Springs. Stewart ...
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By Kris & Kimberly Darney, Your REALTORS® For Life
(Darney Realty)
  One of my favorite characters on todays sitcom line up is “Jim Halpert” from “The Office”; Brilliantly played by John Krasinski. Seems Mr. Krasinski is selling his home “short” of what he paid back in 2006 @ $1,050,010.  The current market price is $945,000.  Zillows value places it at $785,500…Big Difference? Mr. Krasinski took out 2 loans in 2006 for a total of $935,000 according to Los Angeles county Tax Records.   See more pictures HERE Source: IMDb Best known as the under-motivated, sarcastic prankster, Jim Halpert, on the work-life mockumentary series “The Office,” actor John Krasinski has edged his way onto Hollywood’s big screen over the past few years. Krasinski has taken on roles in “Leatherheads” opposite George Clooney, “License to Wed” with Robin Williams, and “It’s Comp...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
848 N Kings Rd #103 WEST HOLLYWOOD, CA Classic Mid-Century Condo Building in Prime West Hollywood Location 2BR/2BA Condo $559,000 Year Built 1965 Sq Footage 1,225 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size Unspecified HOA/Maint $477 per month DescriptionREDUCED FROM $609,000 TO $559,000 - EXCELLENT OPPORTUNITY! Classic Mid Century condo building on sought-after Kings Rd. Absolutely immaculate move-in condition! Rarely available spacious 2-Bed 2-Bath condo featuring walls of glass and sliders from all rooms opening onto 200 sq ft patio. Sparkling pool and spa in lush courtyard setting. 2 side-by-side parking spaces and extra storage. HOA dues includes earthquake insurance. Prime location - walk to restaurants & stores on Melrose Ave and Santa Monica Bl...
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By Kris & Kimberly Darney, Your REALTORS® For Life
(Darney Realty)
Cary Grant, born Archibald Alexander Leach, set the standard for Hollywood’s charismatically debonair actors with roles in classic films throughout the 1940s, 50s, and 60s. Though most of his performances were timeless, with a few nabbing Grant Academy Award and Golden Globe nominations, some critically acclaimed favorites were “Bringing up Baby” (1938), “An Affair to Remember” (1957), “North by Northwest” (1959), and “Charade” (1963). While Grant never managed to walk away with a trophy, he was awarded the coveted Honorary Award at the 42nd Academy Awards “for his unique mastery of the art of screen acting.” More Photo's Here... When Grant wasn’t taking to the movie sets as his suave self, he retreated to a quiet, restored movie colony property in Palm Springs, CA. According to the li...
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By Kris & Kimberly Darney, Your REALTORS® For Life
(Darney Realty)
  This entire page is a disclaimer now required on behalf of the Federal Trade Commission mandated  Mortgage Assistance Relief Services act.  As a reminder, the FTC to date has not implicated 1 CEO, President or VP from any major bank for their actions in creating and escalating the failure of the mortgage banking and housing industry. The FTC has chosen to “pass the buck” to small businesses like ours to take on the brunt of the crimes that were committed by the likes of Former Countrywide CEO, Angelo Mozillo (securities fraud and insider trading charges…NO JAIL TIME). The FTC has created strict guidelines that will ultimately be used to implicate some poor unsuspecting real estate agent that try’s to help a homeowner in need of assistance with their short sale. Yes…that agent now fac...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
West Hollywood - Market Report for February 2011: February 2011 - () January 2011, December, November, October 2010 Number of Units Sold: 13 (23-30-20-23) Average Days on the Market: 74 (121-116-83-77) Median Price: $510,0000 ($510,000-$545,000-$482,000-$440,000) Average List Price: $646,000 ($619,000-$536,000-$499,500-$486,000) Average Selling Price: $613,500 ($589,000-$515,000-$475,000-$466,000) Lowest Price Condo Sold: $295,000 ($270,000-$235,000-$249,500-$220,000) Highest Price Condo Sold: $1,600,000 ($1,555,000-$890,000-$800,000-$990,000) Total Sold in Dollars: $7,977,000 ($13,560,000-$15,457,000-$9,494,000-$10,700,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Ang...
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By Richard Ruggaber, California Real Estate - (818) 422-5035
(Metro Life Homes)
   Enjoy an exciting evening at the House of Blues in West Hollywood, California! The House of Blues is a fun and exciting venue that entertains us with fantastic concerts and special events. The founder of the House of Blues Isaac Tigrett had such a love for the blues as well as a vision that he decided to open up this amazing venue for all to enjoy and experience.   The very first House of Blues was opened in 1992 in Cambridge, Massachusetts. There are many concerts and events happening at the House of Blues for all of the music lovers out there! For more information regarding the House of Blues please visit the link below: http://www.houseofblues.com/ What a great way to enjoy the evening! CHEERS
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
West Hollywood - Market Report for January 2011: () December-November-October Number of Units Sold: 23 (30-20-23) Average Days on the Market: 121 (116-83-77) Median Price: $510,000 ($545,000-$482,000-$440,000) Average List Price: $619,000 ($536,000-$499,500-$486,000) Average Selling Price: $589,000 ($515,000-$475,000-$466,000) Lowest Price Condo Sold: $270,000 ($235,000-$249,500-$220,000) Highest Price Condo Sold: $1,555,000 ($890,000-$800,000-$990,000) Total Sold in Dollars: $13,560,000 ($15,457,000-$9,494,000-$10,700,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area. Now also selling Mid-Century Modern homes in Palm Springs. Information obtained from The MLS...
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By Jayne Clement, Los Angeles Short Sale Agents
(Keller Williams Realty)
Almost every buyer that I deal with wants a home "within walking distance to shops and restaurants!"  And very few areas in Los Angeles offer that.This condo on 8530 Holloway Dr., is THAT home!  This condo is centrally located in hot, hipster West Hollywood, right smack in the middle of 'walking distance’ to shops, restaurants, markets!  (And BTW, these aren’t “just restaurants,” as West Hollywood has some of the finest dining in all of Los Angeles). AND...it's priced well for this location at $439k for a 2BR + 2 bath condo at 1,012 square feet, with HOA dues of $370/month.But perhaps the best part of this unit is the LIGHT!  This CORNER UNIT has windows on 3 sides of the unit, including floor to ceiling windows in the LR and 3 side-by-side floor to ceiling windows of the dining room......
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
2-Bed Condos For Sale in West Hollywood - 1/19/2011 There are currently 112 2-Bed Condos listed For Sale in the West Hollywood area. Highest Price Listing: $3,450,000 - 9255 Doheny Rd ($1477 per sq ft) - Standard Sale. This 2-Bed 2-Bath condo measures 2335 sq ft and has monthly HOA Dues of $2300. The condo has been listed for over 500 days and had an original List Price of $4,250,000. Lowest Price Listing: $349,000 - 1275 Harper Ave ($335 per sq ft) - Short Sale. This 2-Bed 2-Bath condo measures 1040 sq ft and has monthly HOA Dues of $303. This condo has been listed for 77 days and had an original List Price of $449,000. It's interesting to note an unusually high number of units For Sale at 825 N Kings Rd, West Hollywood 4 of the 19 units are currently listed For Sale: $975,000 - 2-Bed ...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
848 N Kings Rd #103 WEST HOLLYWOOD, CA Classic Mid-Century Condo Building in Prime West Hollywood Location 2BR/2BA Condo $609,000 Year Built 1965 Sq Footage 1,225 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size Unspecified HOA/Maint $477 per month DescriptionClassic Mid Century condo building on sought-after Kings Rd. Absolutely immaculate move-in condition! Rarely available spacious 2-Bed 2-Bath condo featuring walls of glass and sliders from all rooms opening onto 200 sq ft patio. Sparkling pool and spa in lush courtyard setting. 2 side-by-side parking spaces and extra storage. HOA dues includes earthquake insurance. Prime location - walk to restaurants & stores on Melrose Ave and Santa Monica Blvd. HIGHLY RECOMMENDED! Property Features Central A/CLiving...
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By COMPASS PALM SPRINGS | Stewart Penn, COMPASS Palm Springs - Broker Associate
(COMPASS)
West Hollywood - Market Report for December 2010: () November / October figures Number of Units Sold: 30 (20/23) Average Days on the Market: 116 (83/77) Median Price: $545,000 ($482,000/$440,000) Average List Price: $536,000 ($499,500/$486,000) Average Selling Price: $515,000 ($475,000/$466,000) Lowest Price Condo Sold: $235,000 ($249,500/$220,000) Highest Price Condo Sold: $890,000 ($800,000/$990,000) Total Sold in Dollars: $15,457,000 ($9,494,000/$10,700,000) Stewart Penn - Realtor for homes, condos & lofts in Los Angeles, Beverly Hills, West Hollywood, Hollywood Hiils, the Sunset Strip and throughout the greater Los Angeles area. Now also selling Mid-Century Modern homes in Palm Springs. Information obtained from The MLS is deemed accurate but not guaranteed.
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By Collen and Ivan West Hollywood
(Coldwell Banker- Sunset Strip)
Day (225,226,227)Every property is different. Every client is very different. The funny thing is that every deal brings  a new voice of reason for the future. Last week we had situations arise for a particular property. The home is quite the deal. It has an income producing property on the premises that pays for nearly half of the mortgage. The home is located right in the heart of Hollywood with convenience to everything. The situation #1: First the home was built in 20's which is very common for homes in Los Angeles. The home is lacking a proper drainage system which can affect the foundation of the home in the long run. When it rains, the water goes directly under the home which can deteriorate the foundation. Simple Fix: Installing a gutter system on the home so any water can proper...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
Here is a little piece of history of the Dodge House a unique building that once existed, in West Hollywood, California. The Dodge House was a magnificent house that was built in the “Early Modern” style. This unique home was built in 1914 and designed by Irving Gill. The Dodge House was owned by Walter Luther Dodge, the maker of a patent medicine called “Tiz”, a treatment for tired tootsies. This amazing house had 16 rooms and incorporated many technological innovations. It was even featured in “House Beautiful.” Unfortunately, the Dodge House was demolished in 1970. All efforts to preserve this unique home failed. Today in its place apartments stand tall! This event sparked the formation of the preservation movement in Los Angeles. For more information regarding the Dodge House pleas...
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By Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407
(Maui Life Homes / Metro Life Homes)
So you need an evening out, why not spend it at the Troubadour in West Hollywood, California. The Troubadour opened its doors in 1957. Performances by The Byrds, Bob Dylan, Elton John and many others have made this really cool venue rich in musical history! NBC awarded the Troubadour “Best Venue in Los Angeles”! There are some great events happening at the Troubadour for your entertainment. For more information regarding the Troubadour please visit the link below: http://www.troubadour.com/events/ What a fun way to spend the evening! CHEERS
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