Opportunities Abound with this Move-in Ready WeHo Home

WeHo

8913 Dorrington Ave. West Hollywood, Ca.

There is no shortage of options when it comes to this charming Spanish-style home in West Hollywood that was recently put on the market. Listed for $1,299,000, this property is move-in ready—but that’s not all. It is also primed for a remodeling and add-on, or even a complete tear-down and build.

Anything is possible when it comes to this residence.

This home is located in the neighborhood known as West Hollywood West. It is one of seven neighborhoods that make up WeHo and is only 1.9 square-miles in size. You’ll be near all the fun and excitement of the famed Sunset Strip, Santa Monica Boulevard and what’s known as the Avenues, consisting of Melrose, Beverly and Robertson.

This Spanish-style home, which is located at 8913 Dorrington Ave., was built in 1924. It comes with two bedrooms, two baths and 1,140 square-feet of living space.

This home features a light-filled living room with wood floors, a fireplace and an open kitchen. The master bedroom is of ample size and comes with its own beautiful bath. Additionally, the master opens directly to the private backyard, which is serene and tranquil.

As previously noted, this WeHo home is move-in ready for the right buyer. However, there are also limitless opportunities when it comes to this property.

This home is perfectly located and promises a high quality of life for its owner. At the list price of $1,299,000, the mortgage calculator estimates the monthly payment would be $6,327.40 given 20% down on a 30-year loan with a 5% interest rate.

You can find much more on this charming WeHo home, including additional photos, by clicking here.

Unique Five-Bedroom in L.A.’s Westside Hits the Market

Westsde

2492 Mandeville Canyon, Los Angeles

Just put on the market is this ultra-chic Mid-Century home in Los Angeles, which recently underwent an expansion and complete re-interpretation. It’s a fully-modernized, yet serene retreat, which the listing notes is a rarity for L.A.’s Westside.

Architect Gregory M. Crawford spearheaded the home’s makeover. In its new incarnation, the house boasts six en-suite bedrooms, five baths and 5,349 square-feet of living space. Featured in the home is Loft-like Post and Beam living, which flows smoothly into the formal dining room. There is also a chef’s kitchen, which has been remodeled, and a family/den area. A separate guest house is also on the property.

While the home is certainly magnificent, you will really be impressed with its surrounding grounds. It’s truly one of the finest settings in Los Angeles. The back yard has stunning canyon views and features a Montecito-inspired central courtyard, rolling lawns and a secret meditation garden. There’s also a private hiking path on the property.

All of it adds up to a terrific environment that’s proven to be inspirational and is perfect for the creative/artistic type.

Finally, all of this set behind impressive gates that guarantees its owners with privacy and serenity.

This home was put on the market just this week for a price of $5,995,000. According to the mortgage calculator, the estimated monthly payment is $28,621 given 20% down on a 30-year loan with a 5% interest rate.

You can find much more information on this home in L.A’s Westside, including additional pictures, by clicking Listing.

Huge Two-Bedroom Townhouse in West Hollywood For Sale

townhouse for sale in west hollywood

8728 West Knoll Drive #101 West Hollywood

This gorgeous and oversized townhouse in the heart of West Hollywood will be available for viewing via an open house this Sunday, May 17, from 2 to 5 p.m. It has two bedrooms, two full baths, one partial bath and, get this—a full 2,420 square-feet of living space.

This Contemporary-style townhouse recently put on the market with an asking price of $1,350,000. Here’s a bit of what you’ll find with this home, up close and personal if you attend Sunday’s open house:

For starters, the sheer size of this townhouse in West Hollywood for sale is ultra-impressive. Every room is spacious. Then, you’ll appreciate the fact that this unit is west-facing, which makes it extremely bright and airy. Other amenities/highlights include a covered private yard from which to enjoy the beautiful Southern California climate, and a rooftop deck that provides amazing views of the city.

Now, let’s get down to the nuts and bolts. There are beautiful porcelain tiled floors throughout the unit, and the kitchen was recently upgraded. It now features brand-new Viking appliances, tumbled marble back splash and a charming garden window that sits over the kitchen sink.

As you pass through this townhome’s wet bar, you will soon arrive at the dining and living rooms. Each has its own architectural highlights. For example, the living room features a beautiful corner fireplace and also has sliding doors that lead to the back yard.

Each of the bedrooms in this unit is a full-on, en-suite master bedroom. Both have access to a balcony on the second-floor that is west-facing and a good place to enjoy your morning coffee or glass of wine in the evening.

And finally, this townhouse also comes with a sitting area on the second-floor landing that’s a great space to read or to use as any type of creative work space.

You will find that there is even much more to discover when it comes to this townhouse. From the side-by-side parking with direct access to the unit, to its location in one of the premiere neighborhoods in West Hollywood, it truly has it all.

At the list price, the mortgage calculator estimates the monthly payment would be around $6,445 given 20% down on a 30-year loan with a 5% interest rate.

You can find much more information on this townhouse in West Hollywood for sale, including additional photos, by clicking here.

DTLA Revitalization Continues with Hotel Fig, Giannini Place

Hotel Figueroa

Giannini Place

Two historic buildings in downtown Los Angeles—Hotel Figueroa near Staples Center and Giannini Place at Olive and 7th—will each undergo major renovations as part of the ongoing makeover of L.A.’s city core.

Hotel Figueroa, which dates to the 1920s, currently serves as largely a “low-cost alternative” to foreign travelers, according to the Los Angeles Times. Plans are for it to undergo a $30 million that will restore the building’s original Spanish Mediterranean décor. The number of rooms at Hotel Figueroa will also be reduced from more than 400 to 270. One of the building’s owners, Jack vanHartesvelt, told the Times the general idea is to lighten and brighten the space .

Hotel Figueroa currently has one of the more unique decors in downtown. The Times called it “quirky” because of its “flamboyant interpretation of Moroccan style.” Work on the renovation project is slated to begin in November and be finished in about a year.

As for Giannini Place, the former Bank of Italy (now Bank of America) building will be transformed into a “hip hotel.” Giannini Place was built in 1923 and was considered perhaps the most opulent building in Los Angeles with its ornate gold ceiling, marble floors and Doric columns. However, it fell into disrepair in recent decades and has lately been identified by architect as one of L.A.’s 10 biggest eyesores.

The New York-based development firm Sydell Group purchased Giannini Place for $39 million and will spearhead the renovations. Plans call for there to be 250 guest rooms, a “living room” lobby on the first floor, rooftop deck, bar and restaurant.

The project should take about a year to complete.

The renaissance that is underway in downtown Los Angeles is truly remarkable, especially for those around long enough to remember how completely different it once was. Giannini Place and Hotel Figueroa will be just the latest to enter the 21st century.

Traditional-style House in Beverly Hills Needs Back-up Offer

beverly hills houses for sale

9625 Yoakum Drive Beverly Hills, Ca.

A back-up offer is being sought for this spacious Traditional-style house in Beverly Hills, which has a list price of $1,690,000. It comes with four bedrooms, two full baths and 4,057 square-feet of living space.

This Beverly Hills residence is located near the end of a quiet cul-de-sac in the Benedict Canyon/Beverly Hills Post Office area. It is a split-level, with the street-level entrance having direct access to a the two-car garage.

The gorgeous family room is located on the upper level and in fact was once set up as a recording studio, according to the listing. You can find before and after pictures of this room with the link provided down column. There is also a living room with brick fireplace, hardwood floors and bar area.

Also upstairs is a powder room and the master bedroom suite, which features high ceilings, walk-in closet and bath with sunken shower. There are two other secondary bedrooms and a laundry room also on the second floor.

As for the kitchen, it is an expansive, gourmet eat-in with all top of the line appliances. You will also want to check out the pictures of this impressive room. There is also an kitchen island, and it features cork floors and even a built-in aquarium.

Finally, let us mention the beautiful French doors that open to the back yard and its large private deck. The deck features a gas fireplace, built-in BBQ and cooktop and a hot tub.

This house in Beverly Hills is warm and charming while still offering a life of luxury. According to the mortgage calculator, the estimated monthly payment is $9,420.23 given 20% down on a 30-year loan with a 5% interest rate.

For more information including additional pictures, click here.

Three-Bedroom House Near Sunset Strip Listed for $2,499,000

1558 Sunset Plaza Drive  Los Angeles, Ca.

1558 Sunset Plaza Drive Los Angeles, Ca.

This unique, Contemporary-style house can be your own private oasis just minutes away from the famed Sunset Strip in Los Angeles. It was put on the market earlier this month with a list price of $2,499,000.

Originally built in 1957, this south-facing home comes with three bedrooms, two baths and 3,200 square-feet of living space. The listing also notes this private retreat provides a “Zen modern environment” with neutral colors, walls of glass and lush and mature landscaping.

On this home’s main level is a large living room and dining room, which opens to a patio with an electric cover. There is also a custom kitchen with built-in breakfast bar and plenty of storage, as well as a huge office that’s room enough for several people to work. It also features vaulted ceilings, which allows for plenty of light to enter the room.

On the lower level, there are three bedrooms that all open to the backyard. As for the master suite, it comes with a custom fireplace, walk-in closets, sauna, and views of the sauna, pool and bamboo garden.

There is also a large sun deck to complement the pool. As for the pool, it is a 40-foot chemical-free swimmer’s pool.

As noted, the grounds feature mature landscaping throughout that’s beautiful to look at and provides complete privacy. There is also an attached two-car garage.

There’s certainly no shortage of things to like about this home, including it’s location. Not only is it near the Sunset Strip, but also just a short hop to Beverly Hills.

At $2,499,000, the mortgage calculator estimates the monthly mortgage payment would be $13,855.99 given 20% down on a 30-year loan with a 5% interest rate.

You can find additional pictures and more information on this house near Sunset Strip by clicking here.

Buyer Sought for Unique and Stylish House in Sherman Oaks

sherman oaks homes for sale

14820 Valley Vista Sherman Oaks

This large, gated residence in Sherman Oaks offers up a slice of traditional East Coast style and sophistication. You will find things like English gardens, lounging patios, a classy front veranda; in short, this home is full of unique character ad qualities.

Originally built in 1940, this house in Sherman Oaks comes with five bedrooms, three baths and 3,769 square-feet of living space. There is also a detached home gym and artist studio.

As for the residence, it has a welcoming veranda to greet residents. There are also an array of interior features, including hardwood floors, high wood beamed ceilings, built-in bookcases and French doors.

This home’s high square-footage allows for things like a spacious living room with mantled fireplace, and which opens to a patio with views; a formal dining room and large family room with a second fireplace.

As for the kitchen, it is a large country-style delight. There is a great room with center island and a breakfast room, all of which come with high ceilings and views.

This home has three secondary bedrooms, as well as a home office that could be used as a large fifth bedroom. The master suite, which is upstairs, has a sitting area, custom closets, private bath with dual vanities, as well as high ceilings and sky lights.

The grounds of this property are park-like with rolling lawns and gardens. For the golfers out there, there is also a putting green to work on your game.

All of this can be yours for $2,295,000. According to the mortgage calculator, the estimated monthly payment is $12,724.79 given 20% down on a 30-year loan with a 5% interest rate.

This unique house in Sherman Oaks may be worth a further look. You can find more information here.

Billionaire Pays $32 Million for ‘On Spec’ Beverly Hills Estate

on spec mansionA nine-bedroom, 12,644 square-foot mansion in Beverly Hills that was built “on spec” has gotten a buyer. Forbes is reporting the home, which had been listed for $35 million, will be sold to billionaire financial executive Steve Cohen for approximately $32 million.

Officially there has been no comment on the sale of the estate, but sources have confirmed to Forbes that a deal is in place and Cohen will become the new owner. This would be just the latest “trophy” home for Cohen, who earned a fortune as the founder of SAC Capital Advisors. Among his holdings is a 35,0000 square-foot main house on 18 acres in Greenwich.

The Beverly Hills estate, which is located at 901 Oxford Way, was built by Los Angeles-based developer Gala Asher without a committed buyer, hence the term “on spec” or on speculation. He very nearly got his asking price from Cohen.

The main house contains nine bedrooms and 13 bathrooms. There are also two guest houses on the property, garage space for eight cars and parking for 30 cars total. Additionally, there’s a saltwater pool with waterfall and other features like underground music and color-shifting lights.

Inside the main house, amenities include a home theater and wine room.

Cohen is a bit of controversial figure in the financial world. That’s because in 2013, he pleaded guilty to insider trading with SAC Capital Advisors and agreed to $1.2 billion in fines and penalties. Forbes reports it is the largest inside-trading settlement ever.

Four-Bedroom House in Beverly Hills Listed for $5.5 Million

9512 Heather Road Beverly Hills, Ca.

9512 Heather Road Beverly Hills, Ca.

This Traditional-style house in Beverly Hills (9512 Heather Road) was put on the market less than week ago with a price tag of $5,500,000. Built in 1953, it comes with four bedrooms, five baths and 4,889 square-feet of living space.

As you can see from the picture, this expansive spread sets back from the street and is at the end of a quiet cul-de-sac, which provides premium privacy and tranquility.

The house has a formal entry with powder room, and “generously-scaled rooms” that are built for entertaining numerous guests or for a more intimate gathering. The spacious living room features high ceilings and a fireplace, while the formal dining room and family room each comes with built-in bookcases, a bay window and fireplace.

All the rooms feature French windows that lead to the well-manicured grounds. There is also a pool area with dressing area and bath.

Upstairs is where you will find the master-suite, which comes with high ceilings, bay window and fireplace. There is also a walk-in closet and office area.

There are three additional en-suite bedrooms and maid’s quarters on the first level.

Finally, you will also enjoy the convenience of a large motor court and a three-car garage that provides plenty of off-street parking.

If you need financing, the mortgage calculator estimates the monthly payment would be $30,495.15 given 20% down on a 30-year loan with a 5% interest rate.

For more information, click here.

Buying Newly-Constructed Homes Comes with Plenty of Benefits

new constructionThe prospect of buying a newly-built home is appealing to most people. While affordability can become an issue with newly-constructed homes—you can expect to pay a premium for the privilege—it could in the long run be the best financial deal out there.

Why is that? Over at Totalmortgage.com they answer the question. Here are what it calls the four benefits to buying new construction:

  1. You can customize your home before moving in
  2. You get a home warranty
  3. Maintenance costs are lower
  4. Builder incentives

When buying new construction you are able to customize the home to your liking. In contrast, when buying a previously-owned home you might have to pay thousands of dollars to bring it up to your standards and make it your own. That expense is not necessary with a new home.

One of the best benefits of new construction homes is you receive a home warranty for a year. Any problem and the builder will return to fix the issue at no cost. When buying an older home, you will have a home inspection but there’s is no guarantee the inspector will find every issue. Then, weeks or months down the line if you notice something it is your responsibility to pay to have it fixed.

Obviously, new construction homes would expect to have much lower maintenance costs, especially during the early years, simply because of the newness. There will be no need to replace carpeting, the roof, windows and the like for several years.

Finally, with new construction homes you will often receive builder incentives. Builders want to draw interest to their new creations and do so by offering certain concessions, which could include paid closing costs, or even paid association fees if you buy in a condo community.

So as you can see, even though you might have to pay a higher sticker price for a new construction home, there are plenty of benefits that could make it a sound financial decision.