Just closed a great off market unit for my buyer in the famous Higgins Building at 108 W 2nd St, in the heart of Downtown LA. This unit closed for $340,000 and has a full kitchen, bath and open floor-plan with 750sf of living space and views to the north. This Art Deco building has many unique details that make it an excellent example of turn of the century architecture in Los Angeles. The building was revitalized in the real estate boom and converted into residential units. The first floor has some amazing restaurants now, as well as the basement being home to the amazing Edison Bar and Restaurant/Night Club.
If you’d like more info about this building or other history lofts in Downtown LA please let me know! Downtown LA is not only an amazing place to live these days, it is also one of the best investments you can make if you are looking for a solid income property that will also be appreciating in value at a rapid rate.
View from unit
Asking only $565,000 for this adorable mid-century gem! There are maybe a hand full of Hollywood Hills homes you can have for under $600,000 and most are nowhere near livable condition or a terrible location. This one is clean, turn-key and in beautiful condition. What a steal!!
2bed 2bath, 1050sf, + large bonus room/art studio
Hollywood Hills, West of the 101 Freeway
2816 Sunday Trail, Los Angeles, CA 90068
Private and secluded Hollywood Hills post and beam home comes to market for the first time in over 50 years. This home is nestled in the hills on the end of a quiet street that only has three homes on it. It boasts dramatic views. The combination of 6 1/2 lots add up to over 16,000 square feet of hillside which contributes to the privacy of this special property. A large bonus room is perfect for an art studio, workshop and storage. It’s your very own private retreat. Why buy a condo when you can have this!!
Listing courtesy my colleagues Jimmy Bayan and Steven Aaron, KW Beverly Hills.
This interesting article about a first time buyer in Hollywood Hills demonstrates VERY WELL the value of an expert agent, especially when dealing with hillside properties. I sincerely believe that with proper investigation during escrow and coaching from an expert in hillside renovations that a lot of their trouble could have been at the least less surprising and possibly avoided all together. If you have questions about building, remodeling, additions, etc. you must be VERY careful to get the answers you need. Contact me if you or a friend need assistance!
So far, couple’s Hollywood fixer-upper has been a downer – latimes.com – http://www.latimes.com/local/la-me-hollywood-fixer-20130930,0,7331935.story?track=rss&utm_medium=referral&utm_source=pulsenews
Situated up a private drive on over 1/2 acre gate lot is this contemporary and private oasis. Nothing else on the market can compare. Main house is bathed in natural sunlight, with detached guest house, pool, waterfall and parking for 11 cars.
Come visit today from 2-5pm!
$6,800,000 – 6 bed 6.5 bath, 6837sqft
2539 Benedict Canyon Dr, Beverly Hills, CA 90210
Listed by Rare Properties, Kennon Earl and Tom Davila
I was lucky enough to visit this property yesterday and it was a privilege to view a stunning modern estate of this caliber. Just a block north of Sunset Blvd, this 1 acre gated compound has just been crowned “King of the Hill” by the Robb Report. At an asking price of $28,800,000 and over 13,000sf of living space, this home delivers nothing short of a jaw-dropping experience in person.
Belzberg is a major name in architecture and is perhaps best known for his collaboration with Frank Gehry on the Walt Disney Concert Hall’s lobby, bar, Patina restaurant and the LA Philharmonic Store. This latest creation of his is certainly one of THE premiere pieces of real estate that has ever been offered for sale in the whole of Los Angeles.
1232 Sunset Plaza Dr, Los Angeles, CA 90069
Listed by The Agency, Hilton & Hyland – Blair Chang, Billy Rose, Drew Fenton & Mauricio Umansky
View from Master
Big U.S. banks keeping door open to another financial crisis – latimes.com
There are two ways to think about how far we’ve come in protecting against a repeat of the financial meltdown five years ago that plunged the world into recession.
You can conclude that we’ve pretty much eradicated the risk of another such crisis. That’s the bankers’ viewpoint. Here’s how Morgan Stanley Chief Executive James Gorman put it in an interview with Charlie Rose earlier this month: “The probability of it happening again in our lifetime is as close to zero as I could imagine.”
Or you can conclude that we’ve done almost nothing to stave off another banking meltdown. That’s the realist’s viewpoint.
Read more here:
This article touches on the massive amount of new construction that is going on now and the effect it is having on driving prices up not only for lots that are construction ready, but also for all homes in general. We are in a new construction boom!
A worker hammers nails at a housing development under construction in San Mateo, Calif., in April.
(Photo: Justin Sullivan Getty Images)