Another One in The Blair House!

Our third listing in The Blair House, one of the premier luxury condo buildings on the famed Wilshire Corridor. It is unit 1406, designed for open architecture and style, includes two bedrooms and a den, with approx 2,800 sq ft of living space plus two balconies....

875 Comstock -Our Newest Property

Newest launch – the Penthouse “C” in the 875 Comstock bldg. On the SW corner, it overlooks LA Country Club, Century City and Wilshire Blvd. Impeccably decorated and maintained in excellent condition, this unit offers multiple benefits of high rise views, spacious...

New Properties Coming Up

We have a wide assortment of properties coming up for sale in the next few weeks.  Penthouse “C” in 875 Comstock Avenue, 2220 Avenue of the Stars unit #1101, 10556 Strathmore Avenue in Little Holmby, 10490 Wilshire (Blair House) Unit 1205, and 1333 So Beverly Glen...

Interesting Phase In Real Estate Market

The market has entered an interesting phase; mass confusion and chaos. It doesn’t have a leader or a sense of direction, so offers and prices are all over the place. Example; unit 1906 at The Mirabella closed at $1.2M in original condition. Yet similar size unit on...

New Single Family Listings

NEW LISTINGS IN LITTLE HOLMBY 920 Westholme – 5BR + 3.5BA, newly rebuilt mid-century Modern, pool $2,495,000 or $8,900/month For more details please visit http://www.920westholme.com Open House April 10th 809 Malcolm Ave – 4BR + 3.5BA, stunning with outdoor spa water...

At the End of the First Quarter

Here we are at the end of the 1st Qtr on the Wilshire Corridor, and the numbers aren’t good. Of the 11 buildings that I track at www.wilshirecorridor.com <http://www.wilshirecorridor.com>  only 12 units were sold, amount to $20.612M and averaging $1.718M, or...

Have Homes Reached Their Bottom?

Homes seemed to have reached their bottom in the first quarter of 2010, and have been skidding along the bottom since, while showing healthy activity and interest.  In fact, take a look at these statistics in the 1st quarter of 2010 v. 2011 in 90024 (according to MLS...

Wilshire Corridor- The Good News

Wilshire Corridor – The good news? Eight condos went into escrow in January, compared to ZERO for January of 2010. The bad news? None of them in the higher-end “A” buildings along the Wilshire Corridor. The condo market is back, but it’s starting on the lower...

10550 Wilshire Blvd. Penthouse North

 After two weeks on the market, we are in escrow on 10550 Wilshire Blvd Penthouse North. This fabulous 5,500 sq ft two story penthouse caught the eye of numerous Buyers. We are in contract with a Buyer for $2,426,000 subject to court confirmation and overbid. The...

Closing Thoughts on 2010

“Year 2010 is about to close and not all of the stats are in. But this is interesting. In 90024 for homes (only), 65 were sold in 2009 and 62 in 2010, with only a slight increase of 3.83% in the size of the house. The two years show a flat sales chart. There is more....

Do the Math

The last week in November is an important one in real estate, particularly in the luxury high rise condo market. It’s just before the Holidays when everything grinds to a halt, and can indicate if any Pent-up demand will explode in January with new inventory. The past...

The Wilshire Corridor is Alive and Well

The Wilshire Corridor is alive and well.  We put #1202 in the Blair House along with #1906 at The Mirabella into escrow last week and have seen our activity pickup substantially since the election.  (listed at $895,000 and $1,395,000 respectively).  Both properties,...

August – A Quiet Month

August is normally a quiet month, and this month is no exception. Only two properties have closed escrow thus far, with 98 listed for sale up and down the Corridor, ranging from unit #405 in the Wilshire Holmby for $305,000 to the Two Penthouses at The Remington for...

Tax Cuts

No one is talking yet about the pending tax cuts that are about to expire and return to their original high rates, in the MIDDLE OF A MAJOR DEPRESSION! Mr. Obama has signaled Capitol Hill that he will not move to extend these Bush-era tax cuts, which include the...

Our Newest Site – WilshireCorridor.com

Welcome to our newest website, the newest and most comprehensive blog focused on The Wilshire Corridor.  I get a lot of questions, but the most common one is “Why are condo buildings rated “A”, “B” and “C” and who decides the criteria?  The answer is simple; it’s an...

Getting Ready to Sell

Getting Ready to Sell Knowing how to professionally spruce up your home is part of the battle. The other half is figuring out if you have too much furniture, the wrong type or a bad arrangement, and whether it’s worth making repairs or staging your home to...

Home Owners Insurance

Homeowners insurance exists because a home is a huge investment, often one of the largest purchases many people make in their lifetimes. Naturally, people want to protect the value of their precious property. This is a contract between a homeowner and an insurance...

Westwood-Century City Home Sales

November 2009 Total Sold Dollar Volume: $ 22,420,860 Average Selling Price: $ 1,318,874 Average List Price: $ 1,430,941 Avg Sales Price/Avg. List Price: 92.2% Median Price: $ 1,145,000 Average Days on Market: 88 Number of Listings Sold: 17 Sold Listings: 1.2316...