Congratulations to Teo and Lara on their purchase at 1933 Sunny Heights Dr. in West Mt. Washington. It’s a beautiful home in a wonderful neighborhood near Mt. Washington Elementary. It’s a short walk for their 2 daughters. Perfect. We’ll be assisting with some improvements before they move in to the property. Super pleased with the result and happy for them. One journey ends and the next one begins.
Here’s more info on the property.
Video: Increase Your Real Estate Net Worth - Los Angeles Real Estate Reality Live Stream
Last Week’s Topic: Increase Your Real Estate Net Worth
This Week’s Topic: First-Time Home Buyer Option - Units
When we meet new buyer clients, we almost always mention the idea of buying units or income property instead of a single family residence. If the fit makes sense, the buyer can harness rental income to increase their buying power. Of course, there are several considerations and we’ll cover them in this episode.
More: Sold and new listing reviews, other interesting things we've found this week in real estate
Note: We have all the weekly topic videos now at urbanhillsides.com
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New Listing: Arcadia Estate - Bankruptcy Opportunity
325 W. Las Flores Ave.
Arcadia, CA 91007
UPDATE:
Court date is October 19th. List price ($3,755,000) is the minimum price to participate in the overbid sale. All offers are non-contingent and will require a 3% cashiers check with submission.
Interested in a showing? Interested in the overbid? Please fill out this interest form below.
We will contact you.
Grand estate with six bedrooms, eight bathrooms is in the Baldwin Stocker area of Arcadia. Priced to move, with all the components of luxury resort- style living. This well-built 2015 home is a distressed sale opportunity in a coveted neighborhood. Your kids will thrive at award-winning schools. All on an 18,000 square foot lot with 7,905 square feet of living space. A gated entrance and a French-inspired garden greet you along the circular driveway. Motor court has two attached two-car garages. Sweeping foyer with marble floors and columns, split staircase and paneled walls. Enter through elegant iron and glass doors. Designed for entertaining, the gourmet kitchen hosts a large island and high-end appliances. Adjacent prep/wok kitchen, walk-in pantry and cherry cabinetry complement the main kitchen. The primary bedroom suite includes a walk-in closet, en suite bath with soaking tub and a private wet bar. A sitting room completes the suite. Bonus spaces: large wood paneled office/library, a screening room, and a climate controlled wine cellar. Spend the entire day in the backyard. Lounge in the shaded pool. Relax in the pool house or dine alfresco under the pergola next to the outdoor kitchen. Call for more information and to see the 3-D tour. MLS # 21-770978
Bedrooms: 6
Baths: 8
Living space: 7,905 sq ft (approximate)
Lot: 18,000 sq ft (approximate)
Top-ranked school district
Resort-style living
Bankruptcy sale opportunity
Listing Price: $3,750,000 SOLD: $4,000,000
Video: California Housing: Past, Present, Future - Los Angeles Real Estate Reality Live Stream
Last week’s topic: California Housing: Past, Present, Future
Today: Increase Your Real Estate Net Worth
Today’s catchy title is about the fundamental concept of leveraging. Before owning real estate, this may be a foreign concept, but as you enter the real estate game you will start hearing this investment strategy. Leveraging is the key to increasing your real estate net worth. Darren and Joe will review this concept and how it may apply to your future.
More: Sold and new listing reviews, other interesting things we've found this week in real estate
Note: We have all the weekly topic videos now at urbanhillsides.com
Join us live today 2-3 PM - like/follow us at
Urban Hillsides Team (facebook.com)
OR
Urban Hillsides Real Estate Team - YouTube
OR
You can go to Live Stream — Urban Hillsides Real Estate Team Mondays 2-3 PM PDT
https://www.urbanhillsides.com/live-stream
Learn more about our stream here
Video: Home Renovation Trends - Los Angeles Real Estate Reality Live Stream
Last week’s topic: Home Renovation Trends
Today: California Housing - Past, Present, Future
AAGLA (Apartment Association of Greater Los Angeles) and CAR (California Association of Realtors) CEO Joel Singer shared their findings on the current California housing market. Darren attended and will give themes and highlights from the event. The eviction moratorium crisis will also be a topic.
More: Sold and new listing reviews, other interesting things we've found this week in real estate
Note: We have all the weekly topic videos now at urbanhillsides.com
Join us live today 2-3 PM - like/follow us at
Urban Hillsides Team (facebook.com)
OR
Urban Hillsides Real Estate Team - YouTube
OR
You can go to Live Stream — Urban Hillsides Real Estate Team Mondays 2-3 PM PDT
https://www.urbanhillsides.com/live-stream
Learn more about our stream here
New Listing: 4 Unit Architectural Gem in Beverly Center - Miracle Mile
1253 S. Burnside Ave.
Los Angeles, CA 90019
Showings: 1255 1/2 unit can be shown by appointment.
3-D scans and images of each unit available to review with buyer’s pre-approval emailed.
For both options, please email team@urbanhillsides.com
Looking for an owner occupant building with good income? This 4-unit architectural gem is on a quiet, tree-filled street. Between Olympic and San Vicente. The two rear units will be delivered vacant (2+1 townhome style 1150 sq ft & 1+1 over detached garage 750 sq ft). The front building has three townhome style 2-bed/1- baths each. The back is a one bedroom over 4 one car garages. The units are on separate meters and one garage has its own meter and was being used as an office. All units have their own laundry, dishwasher, hardwood floors and lots of storage. Original moldings, front bay windows and dining rooms in each unit. Strong rents and well-maintained buildings. The property is south of LACMA, close to The Grove, shopping and great restaurants. Short drive to Beverly Hills, West Hollywood, Hancock Park, etc. 21-766462
Note: The rear unit of the 3-unit structure (unit 1255) will be delivered vacant by September 28th.
Living space: 4,232 sq ft (approximate)
Lot: 6,306 sq ft (approximate)
Bedrooms: 7
Baths: 7
2 units vacant
Well-maintained units with good income
Attractive owner-occupant solution
Listing Price: $2,195,000 SOLD: $2,200,000
New Listing: Country Living In The City - Riverside Home on 1 Acre
2569 Mt. Vernon Ave.
Riverside, CA 92507
Showings: By appointment - call Joe at 323-253-5397 or email team@urbanhillsides.com
Country living in the city. Updated 5 bedroom 3 bath city view home on 1 acre is move-in ready. Create your unique home here in this beautiful, natural environment. Convenient location near UCR and freeways. Yet Box Springs Mountain Reserve Park and Sugarloaf Mountain are nearby for hiking. New carpet, tile, interior and exterior painting are some of the upgrades. Family room, living room, dining room and kitchen create an open floor plan. The fireplace centers the activity. Imagine yourself cooking in the refreshed kitchen with friends and family. BBQ and entertain on the large brick patio. Sit back on the deck off the primary bedroom and enjoy the quiet nights. Own horses? Zoning here allows you to have 2. Need storage? 2 sheds will give you ample space. Enjoy this unique property and make it yours for years to come.
Please check out the 3-D scan here on listing or at website. 21-761740
Living space: 2,447 sq ft (approximate)
Lot: 1 acre (approximate)
Bedrooms: 5
Baths: 3
Within city limits, yet in nature
Refreshed, upgraded home - move-in ready
Zoning allows for 2 horses on property
Listing Price: $549,000 SOLD: $650,000