Blog
What a surprise: I received a call from our Receptionist at Prudential
What a surprise: I received a call from our Receptionist at Prudential California Realty in Beverly Hills! Often times we work hard and we do not even get a ‘Thank You’ verbally, via email, via either text or voice mail. So you can imagine the surprise I received the other day. I get a call from our receptionist that there is a box that has wine in it. Lately I have been extremely busy so it could have been any one of my five sellers, three of my buyers or the Escrow or Title reps who wanted to show appreciation. Well I made it a specific trip to visit our Office and pick up my gift. You never know who will be so glad and show their appreciation. In this instance I had a buyer who cancelled on one of my Escrows because it did not make sense financially to move forward. I then turned around and sold him another vacant lot without drama or emotional guilt trips. I actually never met the buyer until after the closing and we went out to lunch. Look what I received. As most of my readers know I love wineJ. Now if you are looking for buyer or seller representation without drama or emotional roller coaster ride, please reach out to meJ . If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations....
read moreAs Interest Rates are creeping up:Time to check out your Credit Score!
As Interest rates are creeping up: Time to check out your Credit Score! As interest rates are slowly creeping up I would like to caution those of you who are planning to purchase a property in the near term with a mortgage vs. all cash it is time to check your Credit Scores. According to the Consumer Financial Credit Bureau (CFCB) Credit Scores sold to consumers are not the same as the ones lenders use. Hence there is a difference between the scores which in turn could be the difference between a lender approving or rejecting an applicant for a mortgage. Hence to check your Credit Score develop a relationship with a Mortgage Broker or Mortgage Banker that way you will be on the same level playing field as your Financial Institution. Fair Isaacs Corporation has retooled their scoring system. I am referring to the FICO Score: the formula that they use in calculation to determine a Number for the majority of Americans to see what is their Credit Worthiness is. Those who want to buy a home depend on a good FICO Score to get low interest rates. To simplify, it is a credit score that represents the potential creditors paying behavior. The higher the score the better ones chances are for getting a low interest mortgage. Should you need a referral for a mortgage broker: feel free to reach out to me for a savvy mortgage lender contact? If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations. ...
read more525 S Ardmore Ave, #144, Los Angeles, CA 90020:JUST SOLD!
525 S Ardmore Dr #144, Los Angeles, CA 90020 FIRST FLOOR UNIT SOLD IN 21 DAYS START TO FINISH! There was a small delay and drama a next day Postal Delivery of the Grant Deed was missing for three days! Thankfully it was found on the fourth day by the Post Office! Sold above asking! KITCHEN HAS A BREAKFAST BAR WHICH OPENS UP TO THE LIVING AREA. ONE OF THE NICEST STUDIO CONDOMINIUMS YOU WILL FIND IN LOS ANGELES. BEST VALUE NOT ONLY IN THE COMPLEX BUT IN THE AREA AS WELL. COMPLEX HAS SPA, FITNESS ROOM, SAUNA AND LAUNDRY ROOM AS WELL. UNIT COMES WITH IT’S OWN PARKING SPACE. DO NOT MISS OUT ON THIS FANTASTIC VALUE. THIS IS NOT A SHORT SALE NOR AN REO JUST PRICED FOR A FAST SALE! SPARKLING LIVING ROOM FLOOR WHICH LEADS TO A VERY SPACIOUS BALCONY. If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.1125 Bev...
read moreMom’s Hummus: Wordless Wednesday in Marina Del Rey, CA!
Mom’s Hummus: Wordless Wednesday in Marina Del Rey, CA Usually I make my own Hummus, in this instance Diane brought some home from the Century City Farmer’s Market. Check it out! On a side note they were really good. Now I have to replicate them J If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.1125 Bev ...
read moreWhat do you get for $125,000,000 in the Greater Los Angeles Area?
What do you get for $125,000,000 in the Greater Los Angeles Area? I have received a number of inquiries from various parts of the country as well as the world asking me. So what do you get for a $125,000,000.00? The answer is not as simple as you would think. Well for starters, you get the most expensive home in the Greater Los Angeles, CA which happens to be located on North Carolwood Dr in Bel Air CA. The home was built in 2002 on a sprawling land of approximately 182,204 sq ft. Keep in mind one acre consists of 43,560 sq ft. That places this home on 4.18 acres of Prime Land in Bel Air! Upon further investigation we discover that there are two APN (4358-006-048 = 4.163 and 4358-006-034 = .45 acres) for a total of 4.61 acres of land The home has its own name “Fleur de Lys” has been called one of the most beautiful estates in the United States. The home consists of 12 bedrooms, 15 bathrooms and according to various sources about 35,000 sq ft of living space. The property has been on the Market since April 2007 and this magnificent home is now on the second listing agent. The first Realtor had the listing for four years and the second one had it since April of 2011. Interestingly both Listing Agents had the price at the same price $125,000,000.00. The first listing agent had one picture in the Multiple Listing Service and the current agent has six pictures. I find it interesting there are no virtual tours, no floor plans everything is limited on the internet there are about ten or more different pictures. The building has the look and feel of a European Palace, reminiscent of France, Germany or Austria. A few years ago I spoke to the Architect who designed the home and it was an enjoyable discussion as he explained he has been experimenting with smaller versions of this style in Los Angles. (I need to blog about those homes one of these daysJ) The profile of the owner: she is a divorce from a Texas Billionaire, who is very firm on her list price of her Bel Air Palace. There are many amenities that I know of, but did not mention in this blog. Should you be interested in buying this magnificent home or any other less expensive homes in the Greater Los Angeles area, feel free to reach out to me directly. If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.1125 Bev...
read more2400 N Beverly Glen Blvd, Bel Air, CA : Just Listed land great value!
2400 N Beverly Glen Blvd, Bel Air, CA : Just Listed land great value! Only $79,000.00 Here is your opportunity to buy into one of the most coveted zip codes in the Greater Los Angeles area, 90077! BEST PRICED VACANT LOT ON PAVED ROAD WITH 45 FRONTAGE ON BEVERLY GLEN. IN ADDITION THERE IS 18 FEET OR RIGHT OF WAY IN FRONT OF THE LOT THAT IN NOT UTILIZED BY THE STREET AND CAN BE USED AS EXTRA PARKING SPACE OR OTHER USES FOR THE BENEFIT OF THIS PARCEL. BUILD YOUR DREAM HOME IN THE COVETED 90077 ZIP CODE. DEVELOPERS OWNER USERS DO NOT MISS OUT ON THIS WELL PRICED VACANT LOT! POSSIBLE SELLER FINANCING AVAILABLE!! If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.1125...
read moreHow is the Bel Air, CA Luxury Home Market? The short answer is active!
How is the Bel Air, CA Luxury Home Market? The short answer is it is very active! As most of my readers know I have written how the Beverly Hills, the Beverly Hills Post Office and the Malibu Luxury market is doing. Hence I thought I do an analysis of the Bel Air Luxury home market as well. As I have written previously, there were many famous residents of Bel Air, without too much name dropping, Frank Sinatra, Ronald Reagan, Elizabeth Taylor to name a few. So with that said you will get an idea of the desirability and price factors. As of today there are 73 Active homes on the Market in Bel Air, CA. of this number the highest priced listing on the market is available for $125,000,000.00 and the least expensive home in the coveted zip code of 90077 is in the market for $715,000.00. So if you are considering making your family presence in Bel Air, CA you can see that there is a wide price point to choose from, virtually any budget we can find you a home. Currently there are 13 homes that are accepting Backup Offers and the highest list price that is in this category is $5,900,000.00 and the least expensive one $549,000. There are also 3 properties that are on Hold Status, generally an indication of either a short sale or some Title Issues that might be with these homes. There are 21 homes in Pending Status of which the highest list price is $29,500,000.00 and the least expensive one is $749,950.00 again as I mentioned above this gives you a good idea what a wide range of price points exist in the coveted 90077 zip code. Now the next statistic is usually very important to potential buyers as well as sellers to see what has sold year to date and also the price ranges for the sold homes. Interestingly year to date 71 homes sold in Bel Air, CA. The highest priced sale was $19,950,000.00 and the least expensive sold home went out at $540,000.00 Should you consider buying or selling your home please reach out to me directly! If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.1125 Bev...
read more525 S Ardmore Ave, #144, Los Angeles, CA 90020: In Escrow!!
525 S Ardmore Unit #144 in Los Angeles, CA is in Escrow! I must tell you, I was truly amazed what a huge demand there is for small Condominiums near an area of Los Angeles that is considered Korea Town or Korea Town Adjacent. The true reason it is hard to tell is it adjacent or in Korea Town, because the area has been widening over the years and the borders have changed. I took the listing with what I considered a bit ambitious on the price, but understanding that it is an improving market was worth the try. I was inundated with inquiries and within a few days we had a great many interested parties. The first few days I was approached by three different agents that they had “all cash buyers” and then I had a couple principals who called me directly stating that they are “all cash buyers” as well. Then the first agent sent us an offer which was very good and I had to advise my client that since it is such a good offer let us not chance it by losing the buyer. The rest is history we are in Escrow and ironically my buyer finally wrote the offer but too late and is a back up offer, but more ironically only in second position back up, because there is a better offer in first position back up. I point this story out, only to let buyers and sellers know that Realtors who are listing agents have Fiduciary Responsibility to the Seller, not to their commission. I could have played the waiting game and gotten double commission, but it might not have been the best buyer for my seller. So if you want proper representation and a fast clean sale feel free to reach out to me. If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.1125 Bev ...
read more1125 N. Beverly Glen Blvd, Bel Air, CA 90077,Just Sold!
1125 N Beverly Glen Blvd, Bel Air, CA 90077 JUST SOLD!!! THIS IS VERY WELL PRICED FOR SOME ONE WHO DOES NOT WANT THE DRAMA OF GOING THROUGH A SHORT SALE. THIS IS NOT A SHORT SALE, NOR IS IT AN REO, JUST A WELL PRICED VACANT LOT. NOT VERY STEEP, ALMOST FLAT SEE PHOTOS. BRING YOUR ARCHITECT. UTILITIES ARE NEAR BY AND IT IS ON A PAVED ROAD. TAKE ADVANTAGE OF THIS GREAT OPPORTUNITY. THERE ARE NO REPORTS, BUYER NEEDS TO DO OWN INVESTIGATION. We had a serious buyer who did all his investigation and was ready to close. As most of us Realtors we find that in the last minute things pop up, in this instance there was an IRS Lean for about $50,000+ . The Escrow Officer was the best I have ever seen. She got on the phone with the IRS plugged the Seller in and then two hours of stressful discussion, negotiation it turned out that this was cleared up a year ago… Then the Title Company stepped up as well and a Closing took Place 24 stressful hours later there is a happy buyer and a happy seller. Needless to say the Listing Agent picked up a few more gray hairs:) If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.1125...
read moreWordless Wednesday’s: Statue at USC Campus Downtown Los Angeles!
Wordless Wednesday’s: Statue at USC Campus Downtown Los Angeles! Well most of you know I am verbose and it is not easy to do a Wordless Wednesday Post for me, but I will try. This Statue is at the University of Southern California Campus downtown Los Angeles. In case you can not read it here is a highlight: If you are considering buying or selling a luxury home, or an ultra luxury home, or luxury investment real estate, or luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or emails me at homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations....
read more