Archive for August, 2007
August 31, 2007
A “English Tudor Revival”, a “Dutch Colonial” and more await your valuation on this first September weekend. If you intend to brave the heat house hunting anywhere in SoCal this weekend make sure to bring plenty of water and work that AC!
Saturday, 9/1, 1:00 - 4:00
1365 S LOS ROBLES AVE
Price: $5,975,000
Bed: 8 / Bath: 8
SQ.FT.: -
MLS#: 06-116967
Sunday, 9/2, 2:00 - 5:00
630 South Los Robles AVE
Price: $1,499,000
Bed: 5 / Bath: 2.75
SQ.FT.: 2,498
MLS#: F1730636
1360 BRIXTON RD
Price: $799,500
Bed: 3 / Bath: 2
SQ.FT.: -
MLS#: 07-193619
545 TOOLEN PL
Price: $499,500
Bed: 3 / Bath: 1
SQ.FT.: -
MLS#: 07-202381
August 30, 2007
Who’s ready for another weekend of driving around the neighborhood, politely grinning through chit-chat with a slew of realtors, and putting on footcovers before entering yet another shiny hardwood floor home? Cause the weekend is just about here and it’s time to plot out your course to locate the perfect place to settle down in. Here’s this weekend’s list of open houses for Playa Del Rey, Playa Vista, and Westchester. Pickings from local papers, real estate guides, etc. were slim for some reason this week. Are a lot of folks going on one last summer trip this weekend? Wish I was…
Playa Del Rey
8025 Redlands St., #26/2bd,2bth/Townhome/$509,00/Sun 2pm-5pm
7510 W. 82nd St./3bd,2.5bth/Pool/$1,179,000/Sun 1:30pm-4pm
Playa Vista
12910 Agustin Pl./2bd,4bth/Newer listing/$1,189,000/Sun 2pm-5pm
Westchester
7916 Westlawn Ave./3bd, 2bth/Kentwood/$829,000/Sun 2pm-5pm
8706 Villanova Ave./4bd, 3bth/Large lot/$949,000/Sun 2pm-5m
6022 W. 76th Pl./4bd, 4bth/Modern architectural/$1,795,000/Sun 2pm-5pm
August 30, 2007
In Westchester, it looks like a number of homes sold for over a mil recently. Let’s take a look at the “highly desirable Kentwood area”, as realtors often state. These homes sold in the upper echelon of sales prices for the area. Here are the stats.

7908 Altavan Ave./3bd,2bth/1,805 sq. ft./Sold $4,410,000
7963 McConnell Ave./6bd,5bth/3,233 sq. ft./Sold $1,500,000
7942 Altavan Ave./4bd,3th/2,724 sq. ft./Sold $1,055,000
August 30, 2007
A few listings in BevHills/Hollywood/Westwood cut their prices this week. But we found one HollyHills listing that actually RAISED its price — to $1,175,000 from $1,075,000. Here’s the page that reflects the higher price.
We received two Redfin alerts about the price increase. But then, almost right after the last alert, ANOTHER alert arrived saying the price had been dropped again — back to the original asking price. Whew! Wonder what that was all about.
Anyway, here are more reductions:
5329 Fountain Ave., 4BR/3B, 1,411 square feet, was $749,000, now $719,000
361 S. Doheny Drive, Beverly Hills, 2BR/1B, was $764,900; now $749,950
1517 Viewsite Terrace, Los Angeles, 2BR/3B, was $1,995,000; now $1,850,000
August 30, 2007
Members of the RHE City Council talked about their plans for the city and opinions on future development with the Palos Verdes Peninsula News. Heavy debate has surrounded the larger planned mixed-use and residential designs on the peninsula.
With Rancho Palos Verdes adding many new homes on the south side of PV and the Ponte Vista project in San Pedro, discussion of traffic was also brought up. Finding a solution to the Palos Verdes Drive North congestion would be a great improvement.
August 30, 2007
Asking prices continue to drop like fruit flies in Glendale, here’s a roundup of reductions for this miserably muggy week:
329 LAFAYETTE ST
Old price: $625,000
Reduced to: $600,000 (4% reduction)
Beds: 3 / Baths: 2
SQ.FT.: -
$/SQ.FT.: -
MLS#: 07-210213
1532 East Wilson AVE #6
Old price: $425,000
Reduced to: $415,000 (2.3% reduction)
Beds: 3 / Baths: 3
SQ.FT.: 1,267
$/SQ.FT.: $328
MLS#:
1022 North Jackson ST
Old price: $759,000
Reduced to: $699,000 (7.9% reduction)
Beds: 3 / Baths: 2
SQ.FT.: 1,441
$/SQ.FT.: $485
MLS#: F1706679
1315 BLOSSOM ST
Old price: $579,000
Reduced to: $564,900 (2.4% reduction)
Beds: 2 / Baths: 1
SQ.FT.: -
$/SQ.FT.: -
MLS#: 07-180941
315 N LOUISE ST #304
Old price: $350,000
Reduced to: $340,000 (2.9% reduction)
Beds: 1 / Baths: 1
SQ.FT.: -
$/SQ.FT.: -
MLS#: 07-159063
August 30, 2007
This new listing in Laurel Canyon boasts a lot of space for the money. It has three bedrooms and four bathrooms in 3,000 square feet. With a listing price of $1,299,000, that comes to $433 per square foot, which is the lowest we could find in the area.
The lot size is not listed. That may be because it’s three levels built into a hillside, meaning there’s no lawn area to speak of.
Here are other Hollywood Hills properties with relatively low dollars per square foot:
2925 Lakeridge Drive, Los Angeles, $1,550,000, 4Br/5B, 3,508 square feet, $442/square foot
2622 Brunholly Drive, Los Angeles, $949,000, 2BR/1.5B, 1,800 square feet, $527/square foot
2850 Westshire Drive, Los Angeles, $1,795,000, 3BR/3B, 3,384 square feet, $530/square foot (listed as a pre-foreclosure sale)
2579 Canyon Drive, Los Angeles, $965,000, 3BR/2B, 1,491 square feet, $647/square foot
August 30, 2007

If you’re trying to make sense of the real estate market today and find all the talk about credit scores, fixed-rate mortgages, and down payments disconcerting, there’s a great article that was recently featured on Yahoo’s home page.
Give it a read. There’s a little advice for buyers, sellers, and even homeowners facing foreclosure.
August 29, 2007
I thought some of you might be interested in home sales in the Playa del Rey area. There really hasn’t been much movement in terms of single-family homes in the last few months. These two are both west of Pershing with about the same square footage. The one on Trask went for a steal. Most of the single-family homes in Playa Del Rey go for seven figures.

7025 Trask Ave./2bd,2bth/1,666 sq. ft./Sold $875,000
411 W. Manchester Ave./2bd, 2bth/1,687 sq.ft./Sold $1,015,000