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Westwood Homes Open House Today 10/31/10

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Westwood Homes Open House 10/31/10

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Westwood Condos Open House Today 10/31/10

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Westwood Condos Open House Today 10/31/10





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Cheviot Hills Homes Open House Today 10/31/10

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Cheviot Hills Open House 10/31/10




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What Did That Westwood Flip Home Sell For At 2119 Holmby Ave LA CA 90025

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What Did That Westwood Home Sell For?

The Westwood (completely remodeled) home at 2119 Holmby Ave, LA CA 90025 lasted 27 days on the market before accepting an offer on 10/6/10. The home was listed 9/9/10 for $1,849,000 and did not need any price reductions. 2119 Holmby Ave closed on 10/26/10 at the asking price of $1,849,000. According to the MLS, the home is a 4 bedroom / 4.5 bath, 3,004 sq ft of living space on a 6,316 sq ft lot. Tastefully and thoughtfully expanded and remodeled in 2010, the builder/rehabber Mark Stanley managed to upgrade this 30's Spanish with modern amenities while keeping the old world charm intact. I have seen many of his homes over the years and none of them ever feel like a flip 'spec' house. Mark Stanley is known to do quality custom work rehabbing homes in the Westwood area and always seems to get top dollar for the homes.



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2270 Pelham Ave Receives 1st Price Reduction

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The Westwood home at 2270 Pelham Ave, LA CA 90025 received a price reduction this week of 4.84% or $61,000, down to $1,199,000. Listed 33 days ago on 9/23/10 for $1,260,000, this is first price reduction of the listing term. According to the MLS, the home is a 3 bedroom / 2.75 bath, 1,698 sq ft of living space on a 6,750 sq ft lot. With the reduction, the home is now listed less than the previous purchase price of $1,250,000 in 2005.











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Remodeled 10388 Ilona Ave Receives 2nd Price Reduction

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The Westwood Spanish at 10388 Ilona Ave, LA CA 90064 received a price reduction of 2.51% or $45,000, down to $1,750,000. Listed on 9/20/10 for $1,895,000, this is now the 2nd price reduction of the listing term. According to the MLS, the home is a 4 bedroom / 3.5 bath, 3,000 sq ft of living space on a 6,500 sq ft lot. The home has been remodeled throughout and is in move-in condition. The kitchen has been remodeled in a very modern contemporary style, while the bathrooms have a little more of a traditional feel. Unlike some updating you see, the work looks to be quality with higher end finishes.


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Westwood Weekly Activity Report 10/24/10

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This report is for Monday 10/18/10 through Sunday 10/24/10

ACTIVITY REPORT

 These stats include all areas of Westwood (90024, 90025, 90064, 90049)
Source: CLAW MLS -Information deemed reliable but not guaranteed.


List of Pendings & Sold From Weekly Activity Report
2206 OVERLAND $729,000 4 1.75 134
2351 PELHAM $1,069,000 4 2.75 20
1448 COMSTOCK $1,595,000 3 3.50 9
1257 HOLMBY $1,049,000 3 2.00 5 $1,110,000

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2213 Glendon Ave Receives 3rd Price Reduction

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2213 Glendon Ave LA CA 90064 received a price reduction 9.92% or $109,000, down to $990,000. Listed 113 days ago on 7/5/10 for $1,190,000, this is the 3rd price reduction of the current term. According to the MLS, the home is a 3 bedroom / 2 bath, 2,048 sq ft of living space on a 6,750 sq ft lot. In addition to the house, there is a ~1,200 sf guesthouse consuming the backyard.






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Westwood Homes Open House Today 10/24/10

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Westwood Homes Open House 10/24/10

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Westwood Condos Open House Today 10/24/10

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Westwood Condos Open House Today 10/24/10








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Cheviot Hills Homes Open House Today 10/24/10

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Cheviot Hills Open House 10/24/10







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Market Analysis Report Of Active Listings In Westwood 10/22/10

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Market Analysis Report

of

Active Single Family Homes In Westwood

Key:
Little Holmby- Homes south of Sunset and north of Wilshire / east of UCLA and west of Beverly Glen
Westwood Hills- Homes south of Sunset and north of Wilshire / west of UCLA and east of 405 Frwy
SW- Homes south of Wilshire and north of Santa Monica Blvd.
SSM- Homes south of Santa Monica Blvd and north of Olympic
SO- Homes south of Olympic and north of Pico.



ACTIVESLittle HolmbyWestwood HillsSWSSM SO
# of Listings111015914
Average Days on Market78918611755
Low Price $1,795,0001,149,000940,000839,000729,000
Median Price $3,095,0001,535,0001,450,0001,199,0001,149,000
High Price $4,900,0003,289,0002,595,0001,879,0002,060,000
Average Price $3,122,9091,705,1001,496,0671,235,7781,273,679
Average Sq. Ft.4,0902,9912,3062,2322,402
Average Price / Sq. Ft. $737570633554536
Average Lot Size10,0968,7376,9325,8966,326
Average Price / Lot Size $309195215210201




These stats include all areas of Westwood (90024, 90025, 90064, 90049).
Source: CLAW MLS -Information deemed reliable but not guaranteed.

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What Did That Westwood Home Sell For At 1257 Holmby Ave

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What Did That Westwood Home Sell For?

The Westwood home at 1257 Holmby Ave, LA CA 90024 lasted 5 days on the market before accepting an offer on 9/8/10. The home was listed on 9/3/10 for $1,049,000 and had no price reductions in the short listing period. 1257 Holmby Ave closed on 10/19/10 with a final sales price of $60k more than the asking at $1,110,000. House was considered a fixer and needed upgrading. According to the MLS, the home is a 3 bedroom / 2 bath, 1,873 sq ft of living space on a 7,280 sq ft lot.



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300 Conway Ave In Little Holmby Receives 2nd Price Reduction

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The Westwood Little Holmby home at 300 Conway Ave, LA CA 90024 received a price reduction this week of 5.77% or $300,000, down to $4,900,000. Starting 319 days ago at $5,800,000, this is now the 2nd price reduction over the last 30 days. According to the MLS, the home is a 4 bedroom / 4.5 bath, 5,562 sq ft of living space on a 15,400 sq ft lot. This home is located on one of the most desirable streets in Little Holmby, where majestic homes line the street on some of the largest flat lots in Little Holmby.





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Short Sale At 1262 Woodruff Ave Is Back On Market With 2nd Price Reduction

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The Westwood home at 1262 Woodruff Ave., LA CA 90024 received a price reduction this week of 3.04% or $50,000, down to $1,595,000. The south of Wilshire home was listed 75 days ago for $1,749,000 and this is the 2nd price reduction of the current listing term. According to the MLS, the home is a 4 bedroom / 3 bath, 2,697 sq ft of living space on a 7,020 sq ft lot. This sale is subject to lender's approval as it's a short sale.
1262 Woodruff Ave Virtual Tour



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What Did That Westwood Little Holmby Home Sell For At 851 Glenmont Ave

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What Did That Westwood Little Holmby Home Sell For?

The Westwood Little Holmby home at 851 Glenmont Ave., LA CA 90024 lasted 121 days on the market before receiving an accepted offer on 9/27/10. Listed on 5/12/10 for $3,895,000, the home received one price reduction of $100k during the listing term. 851 Glenmont Ave closed on 10/15/10 with a final sales price of $3,500,000.  Prior to this sale, the previous sale was back in 2006 for $3,150,000.  According to the MLS, the home is a 3 bedroom / 4 bath, 4,294 sq ft of living space on a 13,800 sq ft lot.




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10308 Ashton Ave Receives 4th Price Reduction

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The Westwood home at 10308 Ashton Ave LA CA 90024 received a price reduction this week of 3.01% or $45,000, down to $1,450,000. This most recent listing period has lasted 130 days, starting at $1,725,000. The home has been listed as high as $1,900,000 in 2007 and $1,849,000 in 2008. According to the MLS, the home is a 2 bedroom (2 bedrooms converted to 1) / 3 baths, 2,216 sq ft of living space on a 7,492 sq ft lot...with a pool.





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Westwood Homes Open House Today 10/17/10

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Westwood Homes Open House 10/17/10


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Westwood Condos Open House Today 10/17/10

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Westwood Condos Open House Today 10/17/10








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Cheviot Hills Homes Open House Today 10/17/10

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Cheviot Hills Open House 10/17/10

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3rd Quarter Sales Statistics For Westwood Single Famly Homes

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SOLD STATISTICS Westwood Single Family Homes Comparing Year-To-Date 2009 vs. 2010 Thru 3rd QTR
2009
2010
% Change
Median Sales Price
$1,235,000
$1,225,500
 0.77%gt
Average Sales Price
$1,385,331
$1,395,969
0.77%
Average $/Sq Ft
$569
$586
2.99%
High Sales Price
$2,975,000
$3,700,000
Low Sales Price
$591,000
$580,000
Average Days On Market
66
44
33.33%
# of Sold
104
104
0%
Sales Price/List Price
93.75%
96.71%
2.96%%


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854 Thayer Ave Receives 1st Price Reduction * Little Holmby *

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The Westwood Little Holmby home at 854 Thayer Ave, LA CA 90024 received a price reduction this week of 13.33% or $300,000, down to $1,950,000. The home was listed on 8/6/10 for $2,250,00 and this is the first price reduction of the listing term. According to the MLS, the home is a 5 bedroom / 4 bath, 3,570 sq ft of living space on a 7,490 sq ft lot.







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What Did That Westwood Little Holmby Home Sell For At 454 Dalehurst Ave

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What Did That Westwood Little Holmby Home Sell For?

The Westwood Little Holmby home at 454 Dalehurst Ave, LA CA 90024 lasted 12 days on the market before receiving an accepted offer on 8/19/10. The home was listed on 7/18/10 for $2,650,000. According to the MLS, the home is a 4 bedroom / 4 bath, 3,627 sq ft of living space on a 10,570 sq ft lot. Completely in original condition, I would consider this house to be a major fixer or teardown type property. Great location and having the large flat lot contributed to the quick sale in my opinion. It made this home a great choice to scrape and build anew or even overhaul the 3,500+ sq ft house and still have a sizable flat backyard --- room for a pool and more. I could see the possibilities of this house getting a makeover instead of being torn down because the floor plan was actually quite nice with spacious public rooms and bedrooms. The house closed on 10/6/10 for $2,550,026 [SP/SF $703].

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