Beverly Hills - BHPO
Grab this Foreclosure! 2700+ sf Home in Beverly Hills Under $1.3M!
June 6th, 2009 Categories: Beverly Hills - BHPO, For Buyers, Real Estate
Feel like a deal? Then grab this home. Great buy in Beverly Hills Post Office, not too far up in the hills for just under $1.3M. It’s a bank-owned property, contemporary home with over 2700 sf, 4 bedrooms, 3 bathrooms, quiet location. Needs some cosmetic work (folks, it IS a foreclosure- that’s to be expected) and some landscaping (again, common with foreclosures- the bank is NOT sending over a gardener to take care of things). But get in a designer and a landscape architect and you’ll have one heck of a home for a ridiculous price.
Let me know if interested ASAP. I’m sure it’ll go into multiple offers soon…
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Beverly Hills Homes & Condos are STILL Selling
March 4th, 2009 Categories: Beverly Hills - BHPO, For Buyers, For Sellers, Real Estate, Real Estate News
A quick update about our Beverly Hills real estate market… it’s not ALL doom and gloom out there! Though the properties may not be getting snatched up at the clip that they were in 2007, homes and condos in Beverly Hills are still selling and savvy buyers right now are doing very well. Currently there are 22 properties in escrow (4 in the Beverly Hills Flats) and we’ve had 50 sales since September 2008, in all price ranges from an $8,000,000 spectacular Trousdale home (closed mid-February) to a 2-bedroom condo selling for $510,000.
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$145,000 Price Reduction!! HUGE Penthouse in Middle of Beverly Hills
January 19th, 2009 Categories: Beverly Hills - BHPO, Real Estate, Real Estate News
Hot off the press- not even in the MLS yet- listing on 121 N. Canon #402 in Beverly Hills is getting a huge price reduction- $1,775,000 to $1,630,000! That’s $145,000!
Incredible location, incredible space! Penthouse is over 3000 sq (per owner), totally private with no common walls and sun all day. Views everywhere- from downtown and the Hollywood Sign to Century City. 3 bedrooms/3.5 baths, balconies off of almost every room. Bright open living and dining room with hardwood floors, recessed lighting, fireplace & high ceilings- perfect for entertaining. Gourmet eat-in kitchen with island, granite counters, spacious patio. Huge private rooftop is crying out to be made into a gorgeous garden entertaining deck. Great building with low HOA dues of only $566/month. Secured entry, 3 side-by-side parking spaces & private storage unit.
Feels like a house & walking distance to everything in Beverly Hills! See former post for more pictures or go to the website:
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New Year- New Price Reductions for Westside Homes!
January 8th, 2009 Categories: Bel Air - Holmby Hills, Beverly Hills - BHPO, Real Estate
What a start to the New Year- I’m seeing BIG price reductions everywhere all across the Westside. The general mood with sellers is that they want to sell NOW, yet buyers are in the “wait and see” mode. How to bridge that gap? How to get people off the fence to write an offer? Price reduction!
A spectacular contemporary home on Highridge in Beverly Hills Post Office just got an almost $1M(!!!) price reduction- they went from $7.7M to $6.8M! It is probably one of the most drop dead gorgeous view homes out there, so if you’re in the market, let me know ASAP. These sellers want to sell this week!
Another notable price reduction is a dramatic French manor home on Mulholland, dropping from $3.25M to $2.7M. With almost 4600 sf, 5 bedrooms, 4.5 baths, pool, it has now moved into the “deal” territory with the new price.
“Baby” price reductions aren’t cutting it- but overpriced homes who get serious and really give their price the big push it needs, will see serious buyers and their property, even in this market, should sell.
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HUGE Penthouse in the Heart of Beverly Hills!
December 5th, 2008 Categories: Beverly Hills - BHPO, For Buyers, For Sellers, Real Estate, Real Estate News
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Pancakes with the Beverly Hills Police: 12th Annual Police Service Day & Pancake Breakfast
September 12th, 2008 Categories: Beverly Hills - BHPO, Events, Things To Do
Come meet your neighbors and police officers over some hot pancakes this Sunday morning. Free station tours for the kiddies. Sponsored by the Beverly Hills Police Officers Association and the Beverly Hills Rotary Club. Parking is available in the Civic Center parking lot. (Go to the car show after and make a day of it!)
Sun, Sept 14, 8AM-12PM
Beverly Hills Civic Center Plaza
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Classics for Charity XV in Beverly Hills this Sunday
September 12th, 2008 Categories: Beverly Hills - BHPO, Events, Things To Do
If you’re in the Beverly Hills area on Sunday, stop by an incredible classic car show- the notorious “Classics for Charity.” It’s sponsored by Mercedes-Benz of Beverly Hills so you know it’ll be great!! They’ll have more than 250 Antiques, Classics, Exotics, Customs, Hot Rods & Motorcycles. Lots of fun, food & entertainment for everyone- bring the family!
Sunday, September 14, 9AM-4PM
9250 Beverly Blvd. (corner of Santa Monica Blvd & Civic Center Dr.)
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News Blast: Beverly Hills Flats
September 9th, 2008 Categories: Beverly Hills - BHPO, For Buyers, For Sellers
Just a quick news briefing to keep you in the know:
The pocket on Sierra with the huge lot just sold for around $10M…
718 N Rodeo just went back into escrow- listed at $5.8M…
624 N Oakhurst is in escrow- asking $5.675M…
1303 Park Way is pending with an accepted offer at $4.65M, their listed price. They were taking overbids, if any, today in court.
New listing on Linden for $8.5M, 6,800 sf with a 14,000 sf lot, beautiful villa… gorgeous tilework, wood beams, front courtyard, incredible backyard…
Things are moving in the Flats.
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Termite Inspections, Reports and Work - Who is Responsible?
May 21st, 2008 Categories: Bel Air - Holmby Hills, Beverly Hills - BHPO, Brentwood, Cheviot Hills - Rancho Park, Culver City, For Buyers, For Sellers, Hollywood Hills, Home Improvement, Home Resources, Inspection Resources, Malibu, Marina Del Rey - Venice, Pacific Palisades, Real Estate, Real Estate News, Santa Monica, Sherman Oaks - Studio City, West Hollywood, Westwood - Century City
So you’re about to buy or sell a house and the subject of termite inspections come up in discussion - usually when the offer is being written and/or presented.
Here is what YOU need to know:
CUSTOMARILY, the Seller is responsible for the inspection, providing the buyer with a termite report, and ultimately a termite clearance at the close escrow. The Seller usually pays for Section I work, and the Buyer can pay for any Section II work needed.
What is “Section I” and “Section II” work?
Section I is any EXISTING termite infestation, damage or wood destroying organisms such as dryrot fungus and the like. This may include local treatment, whole house tenting, and replacement of damaged timber.
Section II is anything found to possibly invite termite infestation or cause wood damage in the future, such as debris in the attic, earth to wood contact, etc.
There are circumstances when the Seller is NOT responsible for all the “termite work”, some examples are:
- When it’s an ALL CASH purchase. The termite clearance is necessary to close escrow because it’s often a condition for funding by the lenders.
- When the property is a TEAR-DOWN. If the intent by the buyer is to bulldoze the property to the ground, no one really cares if there are termites or rotted wood all over the place.
- When the SELLER specifies in the contract they will not do any work, or caps the dollar amount they are willing to pay for work needed. The Buyer then can agree to pick up the difference.
95% of the homes that are sold here in SoCal require some termite clearance action. Homeowners are well advised to maintain a termite treatment regime once a year to keep those buggers away.
Call us anytime for a referral to a reputable company to add to your home vendors list!
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Go Native, Go Green: Privy to LA’s Most Creative Gardens in the Native Plant Garden Tour
March 31st, 2008 Categories: Bel Air - Holmby Hills, Beverly Hills - BHPO, Brentwood, Cheviot Hills - Rancho Park, Culver City, Hollywood Hills, Malibu, Marina Del Rey - Venice, Pacific Palisades, Santa Monica, Sherman Oaks - Studio City, Things To Do, West Hollywood, Westwood - Century City
Come see how native plants can brighten your yard and make it gorgeous- while saving you time and water! It’s taking place soon- Saturday, April 12 and Sunday, April 13, 2008, 10:00-4:00p.m. each day.
This is a two-day self-guided journey through 38 Los Angeles home gardens of all shapes, sizes and design styles, each containing at least 50% California native plants. You’re invited also to attend a free presentation, “Designing Native Plant Gardens,” with author/garden designer Alrie Middlebrook on Saturday, Apr. 12, 6:30p.m., at Barnsdall Gallery Theatre, 4800 Hollywood Blvd., Hollywood, CA 90028.
Proceeds benefit the programs of the Theodore Payne Foundation for Wild Flowers & Native Plants., Inc., California’s only non-profit native plant nursery, seed source, bookstore and education center. They’re located at 10459 Tuxford St., Sun Valley, CA 91352. 818-768-1802. Open to the public Tuesday-Saturday, 8:30a.m.-4:30p.m.
Admission: $20/person.
Tickets and info: www.theodorepayne.org
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