westwood homes open house june 8th, 2014
DESCRIPTION
This buyer tour booklet lists all the homes open in Westwood on Sunday June 8th, 2014.TRANSCRIPT
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Buyer Tour
PREPARED FOR
Westwood Homes Open House June 8th, 2014
JUNE 5, 2014
LISTINGSCloud CMA
Map of All Listings
MLS # Status Address Price
1 14765125 A 530 LORING AVE, Los Angeles $4,895,000
2 14761287 A 257 TAVISTOCK AVE, Los Angeles $2,969,000
3 14758459 A 211 BRONWOOD AVE, Los Angeles $2,795,000
4 14752501 A 1044 MANNING AVE, Los Angeles $2,750,000
5 14766411 A 1701 WARNALL AVE, Los Angeles $2,295,000
6 14758335 A 11228 CASHMERE ST, Los Angeles $2,199,000
7 14759215 A 11231 HOMEDALE ST, Los Angeles $2,195,000
8 14765179 A 2245 PELHAM AVE, Los Angeles $1,725,000
9 14766163 A 358 S BENTLEY AVE, Los Angeles $1,595,000
10 14756213 A 2255 MIDVALE AVE, Los Angeles $1,499,000
11 14766131 A 2148 MANNING AVE, Los Angeles $1,399,500
MLS # Status Address Price
12 14753927 A 2151 GLENDON AVE, Los Angeles $1,350,000
13 14766455 A 2223 KERWOOD AVE, Los Angeles $1,300,000
14 14756993 A 1945 S BENTLEY AVE, Los Angeles $1,299,000
Status: A = Active
MLS#14765125
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Property Details
$4,895,000530 LORING AVE, Los Angeles
Courtesy of Teles Properties, Inc.LISTING INFORMATION
MLS#: 14765125 Beds: 4 Sq Ft: 4,422 List Date: 5/29/14
Status: Active Baths: 2/1/1/0 Year Built: 1937 DOM: 7
FEATURES
Status details: Active; Appliances: Dishwasher,Freezer,Garbage Disposal,Gas Dryer Hookup,Refrigerator,Washer;Floors: Carpet,Hardwood,Mixed (N),Other; Cooling: Air Conditioning; Heating: Central Furnace; View: TreeTop View; TB map code: 632C1; Zoning: LAR1; Pool: Private Pool; Patio: Patio Open; CDOM: 7; Lotsize:13800;
REMARKS
Located on one of the most desired streets in Little Holmby is this impeccably maintained traditional home withlush gardens & brick pathways elevated from the street for the utmost privacy. Dramatic 2-story entry leads to step-down living room & formal dining room. Main level also includes den/office & family room with dry bar & fp.French doors take you to large brick patio and terraced park like grounds with pool, perfect for indoor/outdoorentertaining. Renovated gourmet kitchen features granite & caesar stone counters and thassos white glass floors.Breakfast room with walls of windows overlooking the lush yard. Upstairs finds the master suite with sitting area &fp + beautifully remodeled sunlit master bathroom with Carrera marble, soaking tub & 2 walk in closets. Two jackand jill bedrooms and bath complete the second floor. Maids room with own entrance & laundry area are tuc...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14765125
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$4,895,000530 LORING AVE, Los Angeles
MLS#14765125
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$4,895,000530 LORING AVE, Los Angeles
MLS#14761287
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Property Details
$2,969,000257 TAVISTOCK AVE, Los Angeles
Courtesy of Berkshire Hathaway HomeServices California PropertiesLISTING INFORMATION
MLS#: 14761287 Beds: 4 Sq Ft: 3,415 List Date: 5/16/14
Status: Active Baths: 4/1 Year Built: 1950 DOM: 20
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Washer; Floors: Hardwood;Cooling: Central A/C,Dual; Heating: Central Furnace; View: No View; TB map code: 631J1; Zoning: LAR1;Pool: Private Pool; Spa: Private Spa; Patio: Patio Open; CDOM: 20; Lotsize: 7537;
REMARKS
Impeccably stylish Traditional set amongst a colorful and verdant landscape. Designer done in a French Countrystyle, this 4 bedroom, 4~~ bath home has a sensible floor plan and wonderful outdoor living spaces. High qualitycraftsmanship is evident throughout w/ beautiful hand-painted cabinetry & furnishings, intricate wood appliques &built-ins. Sunny Formal Living Room. Fabulous Great Room featuring a splendid, built-in wet bar w/ wine cooler &media center. Stunning Formal Dining Area & Gourmet Cook's Kitchen. The expansive Master Suite is a true retreatw/ a separate peaceful sitting room/home office, two walk-in closets & luxurious Master Bath. The backyard isabsolutely stunning & a must-see! Al fresco living at its finest. All set in a lush and mature landscape it featuresseveral lounging & dining spaces, water fountain, an outdoor kitchen, fire pit, grassy area, sparkling lap...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14761287
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$2,969,000257 TAVISTOCK AVE, Los Angeles
MLS#14761287
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$2,969,000257 TAVISTOCK AVE, Los Angeles
MLS#14758459
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Property Details
$2,795,000211 BRONWOOD AVE, Los Angeles
Courtesy of Coldwell Banker-BrentwoodLISTING INFORMATION
MLS#: 14758459 Beds: 4 Sq Ft: 3,611 List Date: 5/8/14
Status: Active Baths: 3/2 Year Built: 1941 DOM: 28
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Freezer,Garbage Disposal,Ice Maker,Refrigerator,Washer;Kitchen: Pantry; Floors: Ceramic Tile,Hardwood; Cooling: Central A/C; Heating: Central Furnace; View: NoView; TB map code: 631H1; Zoning: LAR1; CDOM: 28; Lotsize: 7456;
REMARKS
Elegant traditional remodeled home by famous architect, William Baker in the Warner school district. Extensiveremodel including insulation, new plumbing, HAVOC-split systems, new electrical, new windows & exterior doorswith insulated double-pained glass. All new cooks kitchen w/ 6-burner Wolf range, Farmhouse sink, granite countersw/ prep sink & large pantry. Open to family room w/"entertainment wall" & breakfast area, all looking out to privatebackyard w/rm 4 pool. Beautiful Traditional living room w/hidden screen for viewing. Formal dining room, Office/den w/built-in storage, 2 powder rooms. Master w/soaring ceilings, Marble Bath(heated floors), 2 walk-in closets. 3more beds+2 more baths. Stairs lead to attic space with rough floors, new windows & many possibilities - gym,playroom, office-at present-lots of storage space.
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14758459
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$2,795,000211 BRONWOOD AVE, Los Angeles
MLS#14758459
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$2,795,000211 BRONWOOD AVE, Los Angeles
MLS#14752501
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$2,750,0001044 MANNING AVE, Los Angeles
Courtesy of John Aaroe GroupLISTING INFORMATION
MLS#: 14752501 Beds: 4 Sq Ft: 3,076 List Date: 4/17/14
Status: Active Baths: 3/1 Year Built: 1940 DOM: 49
FEATURES
Status details: Active; Appliances: Dishwasher,Garbage Disposal,Refrigerator; Floors: Carpet,Hardwood,Mixed(N); Assoc name: na; Cooling: Central A/C,Zoned A/C; Heating: Central Furnace; View: Park Or Green BeltView; TB map code: 632B3; Zoning: LAR1; Pool: Private Pool; Patio: Patio Open; CDOM: 49; Lotdescription: Walk Street; Lotsize: 9388;
REMARKS
MAJOR REDUCTION!! In desirable Little Holmby/Westwood this contemporary home is turnkey with no detailspared! Airy, bright, & filled with numerous skylights, this 4BD + 3.5BA home has an open floor plan inviting fromthe moment you enter. Spacious living room w/ warm fireplace flows to the step down family room/den. Theupdated chef's kitchen features an oversized kitchen island & the open dining area has a wall of doors that fully opento seamlessly incorporate an indoor/outdoor lifestyle. Stainless steel Subzero & Bosch appliances, 2 dishwashers, largepantry & sleek cabinetry. A generous master suite is your pvt. retreat w/ large walk-in closet & spa-like bath. Threeadditional bdrms upstairs w/ large windows & baths. A very private backyard w/ sparkling pool/ spa, grassy yard,BBQ station, small sports court, exquisite landscaping, dog run & vegetable garden. Spacious laundry & c...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14752501
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$2,750,0001044 MANNING AVE, Los Angeles
MLS#14752501
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$2,750,0001044 MANNING AVE, Los Angeles
MLS#14766411
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$2,295,0001701 WARNALL AVE, Los Angeles
Courtesy of Yana TemkinLISTING INFORMATION
MLS#: 14766411 Beds: 4 Sq Ft: 2,944 List Date: 6/2/14
Status: Active Baths: 3/0 Year Built: 1926 DOM: 3
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Garbage Disposal,Ice Maker,Refrigerator,Washer; Interior:Other; Floors: Hardwood,Other; Cooling: Central A/C,Ceiling Fan(s); Heating: Central Furnace; View: OtherView; TB map code: 632D3; Zoning: LAR1; CDOM: 3; Lotsize: 7701;
REMARKS
Tranquil Mediterranean Gem in Beautiful Comstock Hills has been tastefully renovated and well maintained by thesame owner for over 30 years. Original details throughout include a courtyard entry, vaulted ceilings, archeddoorways, hardwood floors, gorgeous stained glass windows and much more. Wonderful floor plan, downstairs hasgreat flow for entertaining and features sunken living room with fireplace, formal dining room, bright & sunnybreakfast room, expanded kitchen, den with built-in bar. The kitchen/breakfast room and the den both open to avery private beautiful garden retreat and spacious backyard, which has a Spanish tiled patio and mature landscaping(with delicious citrus trees!). 3 out of 4 bedrooms are upstairs, including a peaceful master retreat with built-ins andwalk-in closet. This home is a true oasis in the middle of the city! A stone's throw from Century City wi...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14766411
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$2,295,0001701 WARNALL AVE, Los Angeles
MLS#14766411
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$2,295,0001701 WARNALL AVE, Los Angeles
MLS#14758335
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$2,199,00011228 CASHMERE ST, Los Angeles
Courtesy of Berkshire Hathaway HomeServices California PropertiesLISTING INFORMATION
MLS#: 14758335 Beds: 4 Sq Ft: 2,960 List Date: 5/8/14
Status: Active Baths: 3/1 Year Built: 1946 DOM: 28
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Washer; Floors:Carpet,Hardwood,Tile (N); Cooling: Central A/C; Heating: Central Furnace; View: No View; TB map code:631J2; Zoning: LAR1; Pool: Heated,Private Pool; Patio: Covered Porch,Patio Open; CDOM: 28; Lotsize:6835;
REMARKS
Exceptional Monterey Colonial in the highly sought-after Westwood Hills neighborhood. This 4 bedroom, 3~~ bathhome has wonderful curb appeal, all set in a mature, leafy landscape framed by a white fence and gate. Featuring theclassic central hall floor plan which provides the homeowner an easy circular flow from room-to-room. It is updatedthroughout w/ fine use of materials & finishes complementing the intact original architectural details. ExpansiveFormal Living Room w/ stone-carved fireplace. Family/Media Room featuring a custom built entertainment center &bookcases. Formal Dining Room. Fabulous Gourmet Cook's Kitchen w/ multiple culinary workspaces, large centerisland & Breakfast Area. Powder Room. Upstairs there are four bedrooms including a Master. All the bathrooms havebeen beautifully redone. The Master Bedroom has two walk-in closets and a sumptuous Master Bath. Private...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14758335
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$2,199,00011228 CASHMERE ST, Los Angeles
MLS#14758335
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$2,199,00011228 CASHMERE ST, Los Angeles
MLS#14759215
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$2,195,00011231 HOMEDALE ST, Los Angeles
Courtesy of Berkshire Hathaway HomeServices California PropertiesLISTING INFORMATION
MLS#: 14759215 Beds: 5 Sq Ft: 3,396 List Date: 5/9/14
Status: Active Baths: 4/0 Year Built: 1948 DOM: 27
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Washer; Kitchen: Pantry;Floors: Carpet,Hardwood,Tile (N); Cooling: Other; Heating: Central Furnace; View: Tree Top View; TB mapcode: 631H1; Zoning: LAR1; Pool: Private Pool; Patio: Covered Porch,Patio Open; CDOM: 139; Number ofunits: 0; Lotsize: 6513;
REMARKS
Rare opportunity! The ultimate home in the Warner school district. This quintessential 5-bedroom modernmasterpiece is located in the exclusive Westwood Hills community. The comfortable and flowing open flr plan makesthis the ideal home for indoor/outdoor entertaining, and can accommodate intimate gatherings as well as the largestparties and events. Enormous dine-in Mark Wilkinson custom kitchen, rojo alicante marble island, and a fabulousdining room accommodating the largest of dinner parties. The bright and open media/fam rm is graced by vaultedceilings, floor-to-ceiling bookcases, a fireplace, and Pella picture windows, and opens to a fully landscaped yard withpool, BBQ island, and Subzero outdoor refrig. Sophisticated home office/guestroom w treetop views and full bath ensuite. Two wood-burning fp, custom Viking pro range and Subzero refrig., covered lounge area, endless sto...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14759215
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$2,195,00011231 HOMEDALE ST, Los Angeles
MLS#14759215
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$2,195,00011231 HOMEDALE ST, Los Angeles
MLS#14765179
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$1,725,0002245 PELHAM AVE, Los Angeles
Courtesy of Partners Trust BrentwoodLISTING INFORMATION
MLS#: 14765179 Beds: 4 Sq Ft: 3,301 List Date: 5/29/14
Status: Active Baths: 3/0 Year Built: 1925 DOM: 7
FEATURES
Status details: Active; Appliances: Dishwasher,Garbage Disposal; Floors: Mixed (N),Tile (N),Wood; Cooling:Central A/C; Heating: Central Furnace; View: Other View; TB map code: 632D5; Zoning: LAR1; CDOM:7; Lotsize: 6075;
REMARKS
This home is the perfect balance of charm and functionality, boasting all of the character of a traditional spanishwith the conveniences of a more modern-style home. A formal entry room opens to a spacious and sun-drenchedliving room with vaulted-ceilings and a wood-burning fireplace. The well thought out floor-plan with excellentstorage space and built-ins is centered around the graciously-proportioned cooks kitchen. Stainless steel appliances,ample counter space and a six burner-range with an open dining area are just a few features. Three bedroomsdownstairs with a family room/den in the back that opens to a quaint outdoor patio and yard, perfect for soaking inthe southern California sun or simply enjoying the outdoors within the privacy of your own sanctuary. Upstairsmaster bedroom w/ vaulted ceilings, a huge master closet and updated bathroom with dual sinks and full size s...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14765179
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$1,725,0002245 PELHAM AVE, Los Angeles
MLS#14765179
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$1,725,0002245 PELHAM AVE, Los Angeles
MLS#14766163
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$1,595,000358 S BENTLEY AVE, Los Angeles
Courtesy of Berkshire Hathaway HomeServices California PropertiesLISTING INFORMATION
MLS#: 14766163 Beds: 3 Sq Ft: 1,862 List Date: 6/4/14
Status: Active Baths: 2/1/0/0 Year Built: 1947 DOM: 1
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Washer; Floors: Carpet,Tile(N); Cooling: Central A/C; Heating: Central Furnace; View: No View; TB map code: 631J2; Zoning:LAR1; Pool: Private Pool; Patio: Covered Porch,Patio Open; CDOM: 1; Lotsize: 8886;
REMARKS
This wonderfully appealing, recently & tastefully freshened, charming Traditional has as the rare bonus of an Aspen-like, separate Studio w/ Bath over the 2-car Garage. This is a warmly delightful home in a highly desirableneighborhood, located in the Warner Ave School District. Sited on a larger corner lot & framed by lush landscaping,this gem is graced by the quintessential white picket fence. Bathed in an abundance of natural light throughout vialarge, wood-paned windows, there's a casual, open flow from the formal entry, room-to-room. The informal, lodge-like Living Room, anchored by an oversized fireplace, opens to a Dining Area. Adjacent is the Kitchen, moving easilyto a spacious Family Room complete w/ vaulted, beamed ceilings & access to the backyard. All 3 bedrooms are inone wing incl. a larger Master w/ access to the back patio. Private, covered, brick patio/outdoor liv...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14766163
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$1,595,000358 S BENTLEY AVE, Los Angeles
MLS#14766163
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$1,595,000358 S BENTLEY AVE, Los Angeles
MLS#14756213
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$1,499,0002255 MIDVALE AVE, Los Angeles
Courtesy of Teles Properties, Inc.LISTING INFORMATION
MLS#: 14756213 Beds: 4 Sq Ft: 2,292 List Date: 4/30/14
Status: Active Baths: 2/1/0/0 Year Built: 1931 DOM: 36
FEATURES
Status details: Active; Appliances: Dishwasher; Floors: Hardwood; Cooling: Central A/C; Heating: CentralFurnace; View: No View; TB map code: 632C5; Zoning: LAR1; CDOM: 36; Lotsize: 6758;
REMARKS
Beautifully remodeled & expanded Romantic Spanish 4 bed/2.75 bath (4th bedroom is currently used as a familyrm). Incredible original character combined w/ modern living features and designer touches. Covered arched porchleads to formal entry. Living room w/ barrel ceiling and fireplace opens to spacious formal dining room with eleganttray ceiling. Totally remodeled kitchen with soapstone countertops, high-end stainless steel appliances,breakfast rmwith wainscoting & side yd & patio access. Master suite with remodeled master bath incl claw foot tub & Barcelonacement tile floor. Newly added sun-filledrear family room (also a great option as 4th bedroom master ste) w/skylight, custom tiled 3/4 bath, access to lushly landscaped garden patio w/ unique repurposed concrete steppingstones. Completely upgraded electric & plumbing throughout, new tankless wtr heater, central ac heat, or...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14756213
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$1,499,0002255 MIDVALE AVE, Los Angeles
MLS#14756213
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$1,499,0002255 MIDVALE AVE, Los Angeles
MLS#14766131
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$1,399,5002148 MANNING AVE, Los Angeles
Courtesy of Keller Williams Rlty BrentwoodLISTING INFORMATION
MLS#: 14766131 Beds: 3 Sq Ft: 2,175 List Date: 6/2/14
Status: Active Baths: 3/0 Year Built: 1928 DOM: 3
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Washer; Floors:Carpet,Hardwood,Mixed (N),Slate; Cooling: Central A/C,Wall Unit(s),Ceiling Fan(s); Heating: CentralFurnace,Gravity Heating; View: Park Or Green Belt View; TB map code: 632D5; Zoning: LAR1; Spa: HotTub; CDOM: 3; Lotsize: 6751;
REMARKS
Charming Spanish style home with cozy front courtyard and private rear patio area. Extra spacious living room withnew carpet off entryway with warming fireplace. Separate dining and breakfast rooms off the remodeled kitchen withnewer high quality appliances. Den and Master bedroom and master bathroom were added with permits in 2008.Separate office/guest house in rear of property. Convenient to nearby restaurants, shops, movie theaters.
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14766131
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$1,399,5002148 MANNING AVE, Los Angeles
MLS#14766131
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$1,399,5002148 MANNING AVE, Los Angeles
MLS#14753927
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$1,350,0002151 GLENDON AVE, Los Angeles
Courtesy of Berkshire Hathaway HomeServices California PropertiesLISTING INFORMATION
MLS#: 14753927 Beds: 4 Sq Ft: 2,095 List Date: 4/24/14
Status: Active Baths: 3/0 Year Built: 1936 DOM: 42
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Refrigerator,Washer,Water Filter; Floors: Mixed (N);Cooling: Other; Heating: Central Furnace; View: Tree Top View; TB map code: 632C5; Zoning: LAR1;Patio: Covered Porch,Patio Open; CDOM: 42; Lotsize: 6759;
REMARKS
Best value in prime Westwood area! Large 4BD/3BA single family home within blocks from Westwood Charter!Additional detached studio with bathroom and private entry in backyard! 2-story main house with wide open living/dining rooms, 4 bedrooms including two master suites, and 3 full bathrooms. French doors off kitchen opens tohuge outdoor/play area, perfect for BBQs and entertaining. Gated with large 2-car attached garage and drivewayparking. Well cared for with soundproof windows throughout, new paint and landscaping. Move-in ready, a mustsee!
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14753927
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$1,350,0002151 GLENDON AVE, Los Angeles
MLS#14753927
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$1,350,0002151 GLENDON AVE, Los Angeles
MLS#14766455
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$1,300,0002223 KERWOOD AVE, Los Angeles
Courtesy of Teles Properties, Inc.LISTING INFORMATION
MLS#: 14766455 Beds: 3 Sq Ft: 1,442 List Date: 6/3/14
Status: Active Baths: 1/1/0/0 Year Built: 1930 DOM: 2
FEATURES
Status details: Active; Appliances: Dishwasher; Floors: Hardwood; Cooling: Central A/C; Heating: CentralFurnace; View: City View,City Lights View,Tree Top View; TB map code: 632E4; Zoning: LAR1; Patio: PatioOpen; CDOM: 2; Builders tract name: CENTURY CITY ADJACENT; Lotsize: 5851;
REMARKS
Century City Adjacent 3 bed/1.75 bath Spanish set privately on knoll with beautiful Century City views. Spaciousliving room with fireplace, coved ceiling & picture window overlooking treetop & city views. Large formal diningroom w/ views & chair railing leads to kitchen w/ pantry cabinet, tiled countertops, gas range/oven, charmingbreakfast room w/ views & separate laundry room w/ built-ins. Rear master bedroom opens to tiled full bath w/separate bath & shower. 2nd bedroom w/ en-suite 3/4 bath & access to relaxing large backyard including large wooddeck & hot tub. Beautifully landscaped w/ mature fruit trees & grassy yard. Updates include central a/c & heat,copper plumbing, wired alarm system & crown molding in bedrooms & hallway. Incredible original charm withwood framed windows, hardwood flooring, archways. Spacious storage room w/ side yard access. Garage w/ autodoor. Prid...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14766455
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$1,300,0002223 KERWOOD AVE, Los Angeles
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$1,300,0002223 KERWOOD AVE, Los Angeles
MLS#14756993
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$1,299,0001945 S BENTLEY AVE, Los Angeles
Courtesy of Keller Williams Rlty-Marina/LALISTING INFORMATION
MLS#: 14756993 Beds: 3 Sq Ft: 1,670 List Date: 5/1/14
Status: Active Baths: 3/0 Year Built: 1931 DOM: 35
FEATURES
Status details: Active; Appliances: Dishwasher; Floors: Hardwood,Tile (N); Cooling: Central A/C; Heating:Central Furnace; View: Other View; TB map code: 632B5; Zoning: LAR1; CDOM: 35; Lotsize: 4923;
REMARKS
Come see this Dramatic Westwood Mediterranean remodeled to perfection! This stunning home has 3 bedrooms & 3bathrooms with a very modern, & expansive living & dining area opening to an entertainers kitchen. High qualityupgrades & attention to detail throughout include hickory hard wood floors, wood beamed ceilings, originalfireplace, & contemporary hardware & lighting. Large chef's kitchen with top of the line appliances from Bertazzoni& Jenn-Air, center island & breakfast bar. Amazing master suite offering spa bath with skylight, large walk-in shower,claw foot tub, custom white oak dual vanity, Italian tile, & walk-in closet with built-ins. Charming outdoor spacesinclude a front courtyard with a 5 spout fountain, a back deck off the master & a back yard lounge surrounding afire pit. Finished garage with French Doors opening to lushly landscaped yard. New roof, copper plumbing,...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14756993
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$1,299,0001945 S BENTLEY AVE, Los Angeles
MLS#14756993
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$1,299,0001945 S BENTLEY AVE, Los Angeles
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What Are Your Homebuying Goals?
With the dramatic rise and fall of housing prices over the last decade, consumers have new respect for homes asinvestments. But the flip side, is that your investment is still a home, one you’re likely to occupy for several years ormore.
Ownership
According to the annual Profile of Home Buyers and Sellers, compiled by the National Association of REALTORS®, theprimary reason buyers cite for purchasing a home is simply the desire to own, followed closely by the desire for morespace, and a change in the family situation.
For most people, buying a home is more about giving household members more comfortable living arrangements andputting them closer to jobs, favorite activities, other family and friends. What are your goals for buying a home? Youmight want a better home and neighborhood. You might want a different kind of living experience, such as moving froman apartment to a single-family home with a private garage and yard. Your family may be growing, so you have to thinkabout school districts and proximity to parks and other recreation.
If you’re not certain, you might think about what would change about your situation if you became a homeowner. You’lldefinitely be more established. If you’re like most homebuyers, you expect to stay in your new home about 10 years.
Equity
You’ll also build equity for yourself, instead of for someone else. Every payment you make, plus the rules of inflation willeventually allow you to recoup most if not all of your investment, or make a profit when you sell. Affordability may alsobe an important factor for you. The combination of low interest rates and low prices allows you to buy more home forthe money. Rents are rising, making ownership more affordable than renting in many areas, especially when you factorin tax incentives such as mortgage interest deductions and property taxes allowable as deductions against your income.
When you buy, make your goals long-term. Choose the home you think will serve your household’s needs the best for thelongest period of time, as it’s been proven that the longer you own a home, the more equity you’ll build. Today’s marketconditions and affordability, make it more likely that you will reach your homebuying goals, no matter what they are.
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The Homebuying Process
Follow These Steps
Get prequalified - Your lender will look at your income, credit scores, revolving debts, obligations such as child supportas well as the type of loan you choose. Other factors that impact how much home you can buy is the down payment;smaller down payments mean higher monthly payments. Last, the interest rate and terms (30-year, fixed or adjustablerate) will determine what you can afford in monthly payments.
Make your wish list - Decide where you want to live and how many bedrooms and baths you’ll need. Consider lifestyle -condominiums offer shared amenities, with little responsibility. Single-family homes offer more space and privacy, butmuch more exterior and yard maintenance.
Hire a real estate professional - Your real estate professional should be expert in the area where you want to live andfamiliar with the type of home you want to buy. Your agent has house-by-house experience in your neighborhood andcan offer the best advice on homes in your range.
Select your home - No home is perfect, so don’t let minor flaws influence you. Think long-term. Which home best suitsthe activities and needs of your household now and in the years ahead? Don’t buy more than you need or cancomfortably afford.
Make an offer - Your offer depends on the current market. If a home has been on the market a long time, you can askthe seller for a price reduction, but if it’s new on the market, the seller is unlikely to accept a low offer. Ask your realestate professional for advice.
Get an inspection - A home inspection is a professional third-party opinion of the home’s condition. The inspector willpoint out the age of systems, and large and small repairs that are needed, so you’ll know what you’re facing as the nextowner.
Get an appraisal - The bank appraisal determines market value. If the home doesn’t appraise for the purchase price, thebank will refuse to make the loan unless you renegotiate with the seller. If it appraises, the lender will move towardclosing.
Go to closing - Once final negotiations are complete, the parties to the transaction meet at the escrow office. This couldbe a title company, real estate attorney, or whatever is customary in your area. All paperwork is signed by both parties.The lender pays the seller, minus any liens against the home such as the seller’s mortgage. Once all the disbursementshave been made, you get the keys to your new home, according to your agreement. Congratulations! You’re ready tomove into your new home
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Making an Offer
Before you submit an offer, have your agent pull up the most recent sold comparables (CMA) within a reasonable radiusof the home, so you can compare the home fairly in terms of location, size, features, and amenities. Next, ask your agentabout market conditions, so you can choose a strategy.
Strategy
In a buyer’s market, discounts are common because there are fewer buyers, more properties for sale, and home prices aresoft or falling. In a seller’s market, homes sell quickly for full price or higher because there are plenty of buyers and fewhomes for sale. Whether you are in a buyer’s market or a seller’s market, your goal is to buy the home at a fair price. Ifyou were the seller, what is the lowest possible price you’d accept?
Risk
Low-balling the seller is risky. If the seller feels insulted by your offer, you’ve lost the opportunity to negotiate. On theother hand, some sellers are simply unrealistic about their home’s value. Maybe your offer will be their wake-up call. Ifthe seller’s home is offered at a reasonable price, pay asking price or close to it. A home priced to sell will sell quickly.
Is there a way to sweeten your offer with a quick closing or an all-cash sale? To show the seller you’re serious, include acopy of your lender’s pre-approval letter, along with a cover letter summarizing your strengths as a buyer in terms ofcreditworthiness, flexibility in closing, and why you love this home. Include a copy of your comparables to show whyyou feel your offer is a fair price for the property. If your offer is conditional, such as your need to sell another homebefore closing on the seller’s, you’ll have to find a way to sweeten the deal, such as a full-price offer. Few sellers wouldaccept a discount and a contingency at the same time.
Reward
Your real estate professional will help you draft the offer with a price, estimated closing date, and terms, includingearnest money (a guarantee that you’ll perform as a buyer in good faith), final approval by your lender, and your right tohave an inspection. Once your offer is negotiated and accepted, your earnest money will be sent to the escrow agent'soffice. Now the inspections occur, and this is where the contract negotiations can break down. During the inspectionprocess, the inspector will tell you about the condition of appliances, heat and cooling systems, roofs, electrical andplumbing systems, etc, and if your future home is up to current city codes. You should only renegotiate a repair when itwasn’t obvious before, or when a system is unsafe or not functioning. Once the seller has agreed, your offer is now abinding contract, and you’ll proceed to closing.
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Scott McIntoshColdwell Banker
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