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How Is The Market In Westwood? Market Trends For Westwood Condos March 2011

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How Is The Market In Westwood? Market Trends For Westwood Condos March 2011

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2231 Overland Ave Receives 2nd Price Reduction

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The Westwood home at 2231 Overland Ave LA CA 90064 was listed 1/20/11 for $1,325,000 | Aprox. $492 $/sqft |. Today the property received a price reduction of 4.08% or $51,000, down to $1,199,000. This is the 2nd price reduction of the listing term.

According to the MLS, the home is a 4 bedroom / 4 bath, 2,693 sq ft of living space on a 6,075 sq ft lot. Mostly rebuilt in 1999 and remodeled throughout, this Spanish home is ready to move right in. All 4 bedrooms are very spacious, with 3 bedrooms being upstairs and the master downstairs. 



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How Is The Market In Westwood? Market Trends For Westwood Homes March 2011

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How Is The Market In Westwood? Market Trends For Westwood Homes March 2011


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Westwood Weekly Activity Report April 24th 2011

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This report is for Monday 4/18/11 through Sunday 4/24/11


*10386 Rochester Ave entry via price change

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



Address
DOM
LP
SP
10674 ROCHESTER AVE 15 $1,149,000
1943 PARNELL AVE 9 $799,000
10511 ROCHESTER Avenue 68 $1,500,000 $1,315,000
781 MALCOLM AVE 12 $1,995,000 $1,982,400



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What Did That Westwood Little Holmby Home Sell For At 483 Dalehurst Ave

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What Did That Westwood Home Sell For?

The Westwood Little Holmby home at 483 Dalehurst Ave, LA CA 90024 lasted a brief 8 days on the market before accepting an offer on 3/11/11. This home was listed on 3/3/11 with an asking price of $1,795,000. And according to the MLS, the home is a 4 bedroom / 4.5 bath, 3,771 sq ft of living space on a 7,540 sq ft lot. Whenever you see a home come on the market in Little Holmby under $2m you can expect to see a flood of people at an open house or broker showing. And this case was no different as the broker showing in March was wall to wall people inside. The home is a fixer and needed remodeling throughout. One of the downsides to this home was a small backyard, which kept the value under $2m. 483 Dalehurst Ave closed on 4/26/11 about $75k over the asking price at $1,872,000 | $496.42 ppsqft or $248.28 ppsqft for the lot |.


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2026 Fairburn Ave Receives 2nd Price Reduction

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The Westwood home at 2026 Fairburn Ave LA CA 90025 received a price reduction 4% or $74,000, down to $1,775,000 (LP/SF= $427). Listed on 2/09/11 for $1,895,000, this is the 2nd price reduction of the current listing term. The home is set on one of the more desirable sections south of Santa Monica Blvd,  was built in 1992 and is in move-in condition. According to the MLS, the home is 5 bedrooms / 4.5 baths, 4,155 sq ft on a 6,075 sq ft lot.




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What Did That Westwood Home Sell For At 10511 Rochester Ave

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What Did That Westwood Home Sell For?
 
The Westwood home at 10511 Rochester Ave., LA CA 90024 finally closed this month after a long listing history. Because the home was a short sale and subject to lender approval, the days on market and exact listing period information is cloudy. Essentially, the home started it's journey back on 7/20/07 with an asking price of $2,195,000. After only a few days on the market, the home received an accepted offer. Sadly for the owner, after a few weeks the home fell out of escrow. Several listing periods and price reductions throughout '07, '08 & '09, it finally hit short sale status somewhere during the listing in 2009. It took nearly 2 years to finally get this home closed. Most likely failed negotiations, back on and off markets, buyers becoming impatient and backing out because of the lender not responding, etc.. contributed to the long drawn out approval and closure process. 10511 Rochester Ave closed on 4/18/11 with a final sales price of $1,315,000 |$311.54 ppsqft|.  According to the MLS, the home is a 4 bedroom / 4 bath, 4,211 sq ft of living space on a 6,500 sq ft lot.






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Westwood Homes For Sale - Open House List Sunday April 24th 2011

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Westwood Homes for Sale Open House April 24 2011

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Westwood Condos For Sale - Open House List Sunday April 24th 2011

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Westwood Condos for Sale Open House April 24 2011

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Cheviot Hills Homes For Sale - Open House List Sunday April 24th 2011

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Cheviot Hills Homes for Sale Open House April 24 2011

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Brentwood Homes For Sale Open House List Sunday April 24th 2011

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Brentwood Homes for Sale Open House April 24 2011

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Westwood Weekly Activity Report April 17th 2011

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This report is for Monday 4/11/11 through Sunday 4/17/11

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


Address
DOM
LP
SP
2231 OVERLAND AVE 83 $1,250,000
2242 KELTON AVE 17 $689,000
2138 OVERLAND AVE 8 $849,000
2350 CAMDEN Ave 211 $699,999
1330 WARNALL Avenue 148 $1,795,000 $1,690,000


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What Did That Westwood Little Holmby Home Sell For At 781 Malcolm Ave

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What Did That Westwood Little Holmby Home Sell For?

The Westwood Little Holmby home at 781 Malcolm Ave., LA CA 90024 lasted 12 days on the market before receiving an accepted offer on 2/17/11. Listed 2/5/11 for $1,995,000, there were no price reductions during the listing term. 781 Malcolm Ave closed on 4/18/11 with a final sales price of $1,982,400 |$770.46 ppsqft|. According to the MLS, the home is a 4 bedroom / 3 bath, 2,573 sq ft of living space on a 8,265 sq ft lot. The home looked to be in very good vintage condition. Bathrooms and kitchen look to be original.

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10386 Rochester Ave Receives 2nd Price Reduction

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The property at 10386 Rochester Ave., LA CA 90024 received a price reduction this week of 7.35% or $115,000, down to $1,450,000. Listed 85 days ago for $1,680,000, this is the second price reduction of the current listing term. According to the MLS, the home is a 3 bedroom / 3 bath, 2,776 sq ft of living space on a 8,716 sq ft lot. The home has been remodeled throughout and is in move-in like condition. The house features an open floor plan and spacious grassy backyard.



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10557 Wilkins Ave. Receives 2nd Price Reduction

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The Westwood home at 10557 Wilkins Ave, LA CA 90024 received a price reduction this week of 4.94% or $74,000, down to $1,425,000. Listed 85 days ago for $1,550,000, this is the 2nd price reduction of the current listing. According to the MLS, the home is a 3 bedroom (+ 1 office + 1 den) / 2.5 baths, 2,756 sq ft of living space on a 6,500 sq ft lot. The home looks to be remodeled throughout and is move-in type condition. Side note: looking for a huge backyard, this will not be the house for you. There is just a small patio type rear yard.


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Westwood LIVE Coming To Westwood Village

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Westwood Village will be starting a weekly celebration of culture, cuisine, cinemas and community starting this Thursday April 21st, 2001 at 5pm. You can read below for a brief overview or visit these links for more info:

http://www.westwoodlive.org/
http://www.facebook.com/westwoodlive


Westwood LIVE brings together live music, art, theatre, movies, shopping and dining in Westwood Village theatres, museums, shops, bars, restaurants and more! This monthly event will occur every THIRD THURSDAY of the month starting on April 21st, 2011 from 5pm - 11pm. Be one of the first to experience this NEW event!

EVENT HAPPENINGS

CULTURE VULTURES:
Geffen Playhouse - $29 off "The Escort" tickets, Drink Specials, Enjoy LIVE Jazz
Hammer Museum - Free Admission to Hammer Bash, LIVE Music
Hooligan Theatre Company - Special Street Theatre Performances
Istituto Italiano di Cultura - Screeing of "Rome" by F. Fellini
Majestic Crest Theater - Special Screenings
Regency Villiage Theatre - After 5pm FREE Popcorn with ticket purchase
Regency Bruin Theatre - After 5pm FREE Popcorn with ticket purchase
UCLA Live - Indian and Iranian classical music and inspired improvisation

FOODIES & REVELERS:
Barney's Beanery - Karaoke night, Drink Specials
Jersey Mike's Subs - Buy any regular sub and get the 2nd one for FREE
Napa Valley Grille - LIVE DJ, Happy Hour Specials and Wine Tasting
NINETHIRTY & The Backyard @ W - Happy Hour Specials
Palomino - LIVE Jazz, Happy Hour Specials
The Glendon Bar & Kitchen - LIVE Band, Happy Hour Specials
W Los Angeles - Westwood -Take a Swim at WET starting at 5pm
Whiskey Blue - After Party with LIVE DJ, Drink Specials

SHOPAHOLICS:
Michael K Jewelers - Save 30% - 50% on any purchase between 5pm - 9pm
Monica's on Broxton - Special Discounts
Sarah Leonard Fine Jewelers - Chamilia Jewelry Trunk Show, Special Discounts
Village Eyes Optometry - Trunk Show

PAMERING & PLEASURES:
Mark Slicker Salon - Free Consultations, Styling, Gift Bags, Gift Cards & Hors D'oeuvres
Nails by Angelica - $35 Special Mani & Pedi Combo
Oakley's Barber Shop - $25 Traditional Razor Shave, Special Discounts
The Tanning Club - Special Discounts


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What Did That Westwood Home Sell For At 1330 Warnall Ave

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What Did That Westwood Home Sell For?

The Westwood home at 1330 Warnall Ave., LA CA 90024 lasted 148 days on the market before accepting an offer on 2/2/11. Listed on 11/17/10 for $1,795,000, the home did not have any price reductions during the listing term. 1330 Warnall Ave closed on 4/14/11 with a final sales price of $1,690,000. According to the MLS, the home is a 3 bedroom / 3 bath, 2,544 sq ft of living space on a 7,187 sq ft lot.



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Westwood Homes For Sale - Open House List Sunday April 17th 2011

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Westwood Homes for Sale Open House April 17th 2011

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Westwood Condos For Sale - Open House List Sunday April 17th 2011

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Westwood Condos for Sale Open House April 17th 2011

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Cheviot Hills Homes For Sale - Open House List Sunday April 17th 2011

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Cheviot Hills Homes For Sale Open House April 17th 2011

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Brentwood Homes For Sale Open House List Sunday April 17th 2011

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Brentwood Homes for Sale Open House April 17th 2011

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