Los Angeles Real Estate and Homes for Sale

Los Angeles Dining Deals and Events May 21-27 ~ Food News – Restaurant News | Zagat Buzz

Jane Peters — Wed, 23 May 2012 16:28:56 +0000

Los Angeles Dining Deals and Events May 21-27…

New Wilshire Grand Will Only Be LA’s Second Tallest Tower

Jane Peters — Wed, 23 May 2012 05:25:37 +0000

You’re safe for now, US Bank Tower–the rebuilt Wilshire Grand will still be three stories short of LA’s tallest tower, despite entitlements that could allow it to rise far higher….

See on la.curbed.com

New Wilshire Grand Will Only Be LA’s Second Tallest Tower

Jane Peters — Wed, 23 May 2012 05:25:33 +0000

See on Scoop.it – Around Los Angeles

You’re safe for now, US Bank Tower–the rebuilt Wilshire Grand will still be three stories short of LA’s tallest tower, despite entitlements that could allow it to rise far higher….

See on la.curbed.com

Renting a Home in Los Angeles | Market Update

Jane Peters — Tue, 22 May 2012 01:47:45 +0000

It is getting tougher and tougher to find a good rental property on the Westside of Los Angeles. The minute something great comes on the market it is gone, at least in a certain price range, and 3 bedroom properties are rare.

The areas I seem to get the most inquiries on are: Westwood (including the Wilshire Corridor), West Hollywood, Beverly Hills and Santa Monica.

So let’s see what the last month’s activity shows in those areas:

Westwood

Building	Active	High	Low	Leased	High	Low
SF	13	$16,000	$4,900	4	$25,000	$3,720
Condo	53	$15,395	$1,650	13	$8,500	$1,800

The median price of available rental units in Westwood is $4,800 per month, the bulk of which are condos with, believe it or not, a median price of $4,200 per month. Single family units have a median price of $7,750 per month.

West Hollywood

Building	Active	High	Low	Leased	High	Low
SF	17	$8,999	$3,500	3	$4,000	$2,450
Condo	43	$15,000	$1,500	22	$24,000	$1,500

The median price of rental units in West Hollywood is $4,050. For single family it is $5,500 per month and for condos $$3,375 per month.

Beverly Hills

Building	Active	High	Low	Leased	High	Low
SF	50	$220,000	$3,250	8	$32,000	$5,000
Condo	17	$9,900	$2,200	6	$7,950	$3,000

The median price of lease listings in Beverly Hills is $12,500 per month (single family $17,748 per month and condos $4,500 per month).

Santa Monica

Building	Active	High	Low	Lease	High	Low
SF	30	$45,000	$3,895	18	$25,000	$2,900
Condo	35	$25,000	$1,850	17	$15,300	$2,250

In Santa Monica the median price for active listings is $8,200, the median price for condos being $5,495 per month and single family $14,250 per month.

Areas close by where you may find a better deal are:

West Los Angeles

Building	Active	High	Low	Leased	High	Low
SF	4	$6,500	$3,495	4	$3,850	$2,995
Condo	25	$6,500	$1,995	6	$4,300	$2,621

Beverly Center/Miracle Mile Area

Building	Active	High	Low	Leased	High	Low
SF	18	$12,500	$2,900	10	$7,000	$3,500
Condo	16	$16,002	$1,500	2	$3,250	$2,845

Out of the 321 listings above only 121 are 3-bedroom units, and of those only 38 are condos.

Los Angeles Homes for Rent

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

commercial awnings – Awnings Leader to Showcase their Innovative …

Jane Peters — Tue, 22 May 2012 00:47:18 +0000

See on Scoop.it – Around Los Angeles

Academy Inc. of Los Angeles will be attending the 2012 Global Retail Real Estate Convention at the Las Vegas Convention Center on May 20-22.

See on www.widepr.com

Solar Eclipse in Santa Monica, May 20, 2012

Jane Peters — Mon, 21 May 2012 17:26:41 +0000

Sitting at Peet’s on 14th and Montana in Santa Monica.

Downtown L.A.’s many communities live, work, play side by side

Jane Peters — Sun, 20 May 2012 19:27:49 +0000

See on Scoop.it – Around Los Angeles

For a downtown once famous for emptying out with the evening commute, the raucous scene around Staples Center and L.A.

See on www.latimes.com

Celebrity sellers have little effect on home prices

Jane Peters — Sun, 20 May 2012 19:25:54 +0000

See on Scoop.it – Around Los Angeles

Their internationally recognized names sell music and movie tickets. They promote perfumes and presidents. But when it comes to selling their own houses, celebrities often find that their cachet doesn’t pull in the cash.

See on www.latimes.com

Santa Monica Ocean Front Condos a Market Report May 2012

Jane Peters — Sun, 20 May 2012 04:32:29 +0000

Santa Monica ocean front condos are a highly desirable commodity, understandably since there is very little inventory.

Below is an overview of what has happened over the past 4 months in the more popular buildings:

Building	Sold	Over 2011	Low Price	High Price	Median Price	% of 2011	Active	Pending	Market
101 Ocean Ave	1	=	N/A	N/A	$1,021,250	N/A	1	0
515 Ocean \| Park Plaza	1	+1	N/A	N/A	$1,160,000	N/A	3	1
535 Ocean \| Oceanaire	2	+1	$2,047,500	$10,500,000	$6,273,650	N/A	0	1
701 Ocean Ave	0	=	N/A	N/A	N/A	N/A	0	0
801 Ocean \| Pacifican	0	=	N/A	N/A	N/A	N/A	0	0

All information provided by MLS/CLAW is deemed accurate but is not guaranteed.

Seller’s Market	Buyers’ Market	Stable Market
Less than 6 months inventory	More than 6 months inventory

With the exception of Park Plaza, which has 3 units on the market, and only 1 sale over the past 4 months, the other buildings have buyers waiting for units to come on the market. Santa Monica ocean front condos is definitely a sellers’ market.

And if you are looking at renting a Santa Monica ocean front condo:

101 Ocean has 1 unit for lease at $25,000 per month.

535 Ocean, The Oceanaire, has two units for lease, one at $5,195, and the other at 5,495 per month.

201 Ocean Ave, Ocean Towers, is a coop, one of the few in Los Angeles, so buying into it is a challenge. However, there are 12 units currently for lease, the lowest at $3,300 for a studio, and the highest at $10,500 for a 3-bedroom, per month. Some of these units have spectacular views, many are furnished and the majority share a community laundry.

Santa Monica ocean front condos for sale and lease

Buying or Selling Los Angeles Real Estate

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

Wilshire ramps by the numbers | Zev Yaroslavsky

Jane Peters — Sat, 19 May 2012 17:54:23 +0000

See on Scoop.it – Around Los Angeles

It’s not just a local gripe magnet. The 405 Freeway has a national reputation—and it’s not a nice one.

See on zev.lacounty.gov