Thursday, October 28, 2010

An Extraordinary Development & Investment Opportunity

This prime Toluca Lake location is prefect for corporate housing or the busy professional! The flat lot, architectural schematics, geologically, all plans and pending permits in place, READY TO BUILD! Unique opportunity for 5 Townhomes; all 3 bedrooms, 2 baths PLUS LOFTS with rooftop spas., all done with style and modern design by renown architect. Close to studios, shops, and easy access to main veins for all areas in LA County from the valley to Beverly Hills and to the beach. Perfect rental opportunity while building your equity. The listed price is $1,000,000. Investors contact me for more information.

Brentwood Home

This beautiful Brentwood home is located in a private and quiet neighborhood. You will enjoy the enormous flat backyard that is perfect for entertaining family and friends or relaxing near a gorgeous pool. The 5 bedrooms + 5 Bath house has recently been upgraded with elegance and practicality in mind. The master suite has a beautifully designed domed ceiling, large office, two walk-in closets and a large marble bathroom. On the 2nd floor, there are two bedroom suites and a large den. The living room has a fireplace and wet bar that opens up to the backyard. The spacious kitchen was upgraded with high-end cabinetry, appliances, large Island & spacious breakfast area. The home also offers a formal dining room, hardwood floors, French doors & windows. This unbelievable home is listed for $3,099,000. Buyer's contact me for showings!

Monday, October 25, 2010

Invest in Commercial Real Estate

My residential clients are trying to figure out were to invest their money next. I always recommend investing in commercial real estate. Right now is the best time to invest in this "primary market." Because in the Multifamily sector you can buy a B/B+ property at a great cap rate. But in a"primary market"like Beverly Hills and Los Angeles, the cap rate maybe even lower then 6%. I'm predicting the cap rates will stay compressed this year and investors will buy more deals. Over the past month or two, I've been coming across great deals in California and other states in the following property types:  Multifamily,Shopping Center and Hotels. Email me your criteria today so I can find the deal you want.

Thursday, October 14, 2010

Century City Real Estate

The Century is the most talked about Luxury Condominium in Los Angeles. I knew this project was going to be special once it was completed. The moment I had a chance to show it. I called my dear friend & client. My client was lost for words and enjoyed everything the century had to offer. The Location, Design,Views, Floorplans, The Estate Gardens, Amenities and Services were just breathtaking.  The website stated, "An elliptical masterpiece designed by world-renowned Robert A.M. Stern Architects ascends 42 stories into the skies of Century City. The Century boasts panoramic views stretching from downtown, to across the Santa Monica Mountains and the Pacific Ocean.  Within this private four-acre enclave of lush gardens, calming water features with soaring mature pines, residences of unprecedented scale define the evolution of estate living. Every conceivable detail has been carefully thought through in creating true West Coast elegance. It is a lifestyle never before realized in Los Angeles. The Century is registered with the US Green Building Council with anticipated LEED Silver Certification, the benchmark for high-performance green building, which encompasses energy efficiency, sustainable building materials, water conservation and indoor environment quality." All of this is true! If your interested in viewing or purchasing a luxury condominium at the Century. Feel free to contact me. Please view the Virtual Tour below and get an idea of true luxury.

 The Century|The Century Virtual Tour Below:

 http://thecentury.com/home.html

Sunday, October 10, 2010

Hollywood Real Estate

The median sales price for homes in Hollywood for Jul 10 to Sep 10 was $485,000. This represents an increase of 4.6%, or $21,500, compared to the prior quarter and an increase of 0.1% compared to the prior year. Sales prices have depreciated 22.2% over the last 5 years in Hollywood, Los Angeles.

The median sales price of $485,000 for Hollywood is 53.00% higher than the median sales price for Los Angeles CA. Average listing price for homes in Hollywood was $585,266 for the week ending Sept 29, which represents a decline of 2.8%, or $17,024 compared to the prior week and a decline of 3.9%, or $23,518, compared to the week ending Sept 08. Average price per square foot for homes in Hollywood was $365 in the most recent quarter, which is 3.69% higher than the average price per square foot for homes in Los Angeles.

If you would like a updated micro market analysis for your neighborhood. Contact me and register to receive a Free report. Your report will be sent to you within 24 hours. The chart below reflects Price per Square Foot in the Hollywood and Los Angeles over a 5 year period. If you would like to see more statistics please email me or click on the chart.

Friday, October 8, 2010

Bel Air Real Estate

This is a new ERA of technology and we are pushing forward by utilizing the benefits that technology has to offer. Therefore, our clients will experience the importances of communication. If you want luxury then Bel Air is the place to live. Experience what Bel Air homes have to offer. For example, privacy, architectural integrity, amazing views, space and lighting. Our Team provides strategic marketing plans,experience,expertise and current market knowledge.We will personally guide you through a Confidential and Green Transaction.


The median sales price for homes in Bel Air, Los Angeles for Jul 10 to Sept 10 was $1,359,000 based on 28 sales. Compared to the same period one year ago, the median sales price increased 12.5%, or $151,500, and the number of sales increased 0%. Average price per square foot for Bel Air was $493, a decrease of 6.8% compared to the same period last year.  The average listing price for homes for sale in Bel Air was $6,268,569 for the week ending Sept 29, which represents a decrease of 0.7%, or $47,127, compared to the prior week.



Monday, October 4, 2010

Buyers Market?

Is it a buyer's market? Yes!  Right now is the best time to buy residential & commercial properties. It's a down market and that translates into a buyers market in real estate. If you have a great investment strategy, make unbelievable purchasing choices and willing to take risk. You can greatly increase your ability to find great deals and build your portfolio in this market. Our economy is suffering from a credit crunch and owners are defaulting on their mortgages. The potential buyers has shrunk and individuals with great credit and liquid assets for a down payment are getting approved loans. It's the law of supply and demand; and buyers have the power in this market. Due to less competition to buy and a large amount of inventory. My philosophy is to provide clients with market knowledge and professional representation. If you would like to invest in this market, please send me your criteria.