Westwood Homes Open House Sunday June 7th, 2015 by Scott McIntosh

BUYER TOUR

PREPARED FOR

INFO

THE HOMEBUYING PROCESS Follow These Steps Get prequalified - Your lender will look at your income, credit scores, revolving debts, obligations such as child support as well as the type of loan you choose. Other factors that impact how much home you can buy is the down payment; smaller down payments mean higher monthly payments. Last, the interest rate and terms (30-year, fixed or adjustable rate) will determine what you can afford in monthly payments. Make your wish list - Decide where you want to live and how many bedrooms and baths you’ll need. Consider lifestyle - condominiums offer shared amenities, with little responsibility. Single-family homes offer more space and privacy, but much more exterior and yard maintenance. Hire a real estate professional - Your real estate professional should be expert in the area where you want to live and familiar with the type of home you want to buy. Your agent has house-by-house experience in your neighborhood and can offer the best advice on homes in your range. Select your home - No home is perfect, so don’t let minor flaws influence you. Think long-term. Which home best suits the activities and needs of your household now and in the years ahead? Don’t buy more than you need or can comfortably afford. Make an offer - Your offer depends on the current market. If a home has been on the market a long time, you can ask the seller for a price reduction, but if it’s new on the market, the seller is unlikely to accept a low offer. Ask your real estate professional for advice. Get an inspection - A home inspection is a professional third-party opinion of the home’s condition. The inspector will point out the age of systems, and large and small repairs that are needed, so you’ll know what you’re facing as the next owner. Get an appraisal - The bank appraisal determines market value. If the home doesn’t appraise for the purchase price, the bank will refuse to make the loan unless you renegotiate with the seller. If it appraises, the lender will move toward closing. Go to closing - Once final negotiations are complete, the parties to the transaction meet at the escrow office. This could be a title company, real estate attorney, or whatever is customary in your area. All paperwork is signed by both parties. The lender pays the seller, minus any liens against the home such as the seller’s mortgage. Once all the disbursements have been made, you get the keys to your new home, according to your agreement. Congratulations! You’re ready to move into your new home

LISTING

MAP OF ALL LISTINGS

MLS #

Status

Address

Price

14-798521

215 DENSLOW AVE, Los Angeles

$3,995,000

15-893741

10573 LE CONTE AVE, Los Angeles

$3,699,000

15-881835

1717 COMSTOCK AVE, Los Angeles

$2,850,000

15-910503

1917 CAMDEN AVE, Los Angeles

$2,350,000

15-903105

1532 GLENDON AVE, Los Angeles

$1,590,000

15-911037

10348 CALVIN AVE, Los Angeles

$1,499,000

15-910707

2038 THAYER AVE, Los Angeles

$1,399,000

15-892071

2377 GLENDON AVE, Los Angeles

$1,275,000

15-907319

2135 OVERLAND AVE, Los Angeles

$1,225,000

15-909251

2030 OVERLAND AVE, Los Angeles

$999,000

Status: A = Active

MLS #14-798

PROPERTY DETAILS 215 DENSLOW AVE, Los Angeles

$3,995,000

Listing information

Courtesy of Coldwell Banker Residential Brokerage

MLS#: 14-798521

Beds: 5

Sq Ft: 5,091

List Date: 10/1/14

Status: Active

Baths: 5/0/0/1

Year Built: 1941

DOM: 207

Features Interior: Basement, Built-Ins, Crown Moldings, Dry Bar, Phone System, Storage Space, Turnkey Kitchen: Gourmet Kitchen, Granite Counters, Island, Open to Family Room Floors: Carpet, Tile, Wood Stories: 2 Cooling: Air Conditioning, Central, Multi/Zone Heating: Central View: None Zoning: LAR1 Pool: Heated Patio: Balcony, Patio Open Lot description: Fenced Yard Number of units: 1 Lotsize: 9020 Remarks BEST VALUE ON THE MARKET! Where can you find a 5,100' house at this price with a pool and yard, in meticulous move-in condition? Not Beverly Hills, Bel-Air, BHPO Little Holmby or Santa Monica! This beautiful home has a versatile floor-plan for a large family, an extended family or for those who need large work-at-home space. A lower level guest suite with an outside entrance can serve as an office or maids and is currently used as a gym. A huge, permitted bonus room off the master (currently a playroom) can be a nursery, artists' studio, gym, additional closet space, orâ&#x20AC;Ś There are four additional bedrooms and baths, and an upstairs office. This charmer boasts an enormous LR, DR and FR adjacent to the cook's kitchen. Furniture can be included. Convenient location close to UCLA, the 405, private schools and the Valley.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #14-798

BUYER COMMENTS

215 DENSLOW AVE, Los Angeles

$3,995,000

Listing information

Courtesy of Coldwell Banker Residential Brokerage

MLS#: 14-798521

Beds: 5

Sq Ft: 5,091

List Date: 10/1/14

Status: Active

Baths: 5/0/0/1

Year Built: 1941

DOM: 207

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #14-798

LISTING PHOTOS 215 DENSLOW AVE, Los Angeles

$3,995,000

MLS #14-798

MORE LISTING PHOTOS 215 DENSLOW AVE, Los Angeles

$3,995,000

COMMU

AREA SCHOOLS 215 DENSLOW AVE, Los Angeles

$3,995,000

School

Type

Community Magnet Charter Elementary School

Charter/K-5

(310) 476-2281

0.7 mi

Marymount High School Los Angeles

Private/9-12

(310) 472-1205

0.89 mi

Brentwood School

Private/K-12

(310) 476-9633

0.95 mi

Archer School For Girls

Private/6-12

(310) 873-7000

1.07 mi

John Thomas Dye School

Private/K-6

(310) 476-2811

1.12 mi

St Martin Of Tours Elementary School

Private/K-8

(310) 472-7419

1.31 mi

Warner Avenue Elementary School

Public/K-5

(310) 475-5893

1.66 mi

St Sebastian School

Private/1-8

(310) 473-3337

1.79 mi

University Senior High School

Public/8-12

(310) 914-3500

1.86 mi

Alt./9-12

(310) 914-3600

1.89 mi

Indian Springs Continuation See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Phone

Distance

Data provided by

COMMU

AREA RESTAURANTS 215 DENSLOW AVE, Los Angeles Name

$3,995,000 Type

Distance

Feast At Rieber

Asian Fusion, Japanese, Korean

0.38 mi

Manny's Pizzeria

Pizza, Italian

0.72 mi

Il Piccolo Verde

Italian

0.77 mi

il Tramezzino

Cafes, Italian

0.82 mi

Belwood Bakery Cafe

Cafes, Bakeries

0.84 mi

Cafe Brentwood

Cafes

0.84 mi

Beaming

Live/Raw Food, Juice Bars & Smoothies

0.85 mi

ROAST Deli & Market

Delis, Sandwiches, Meat Shops

0.85 mi

Lemonade

American (New), Sandwiches

0.85 mi

In-N-Out Burger

Fast Food, Burgers

0.86 mi

Bella Pita

Middle Eastern, Sandwiches, Mediterranean

0.88 mi

SEAS Cafe

Cafes

0.88 mi

Fat Sal's Deli

Delis, American (New), Burgers

0.89 mi

Gushi

Korean

0.91 mi

House of Meatballs

Italian

1.03 mi

The Restaurant at The Getty Center

American (New), Cafes

1.08 mi

Rating 42 reviews 91 reviews 64 reviews 54 reviews 181 reviews 70 reviews 32 reviews 168 reviews 302 reviews 418 reviews 506 reviews 67 reviews 666 reviews 722 reviews 95 reviews 404 reviews

MLS #15-893

PROPERTY DETAILS 10573 LE CONTE AVE, Los Angeles Listing information

$3,699,000 Courtesy of Berkshire Hathaway HomeServices California Properties

MLS#: 15-893741

Beds: 5

Sq Ft: 4,999

List Date: 4/6/15

Status: Active

Baths: 5/0

Year Built: 1940

DOM: 62

Features Floors: Hardwood, Marble Roof: Copper Stories: 2 Cooling: Central, Multi/Zone Heating: Central View: Tree Top Zoning: LAR1 Pool: In Ground, Private Lotsize: 12937 Remarks Resort-like 5 BD, 5 BA Mediterranean. Polished, updated copper-roofed home is gleaming & finely appointed throughout. Ideal for both grand and intimate entertaining w/ gracious spaces everywhere, indoor & out. A welcoming front courtyard w/ neighborhood views opens to a formal entry. Formal living room centered on an elegant fireplace. Great room opens to a cook's kitchen complete w/ all the bells & whistles any discerning chef will appreciate. The spacious kitchen has a breakfast area, a large center island, stainless steel appliance & granite counter tops. Within the kitchen is a den area, adjacent is a large formal dining area, open breakfast area & a large media room. There's access to the patio & pool area from the living area as well as the kitchen. French doors & tall windows add light & a seamlessness to the in & out of doors. Master suite. Potential second master suite. Gorge...

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-893

BUYER COMMENTS

10573 LE CONTE AVE, Los Angeles Listing information

$3,699,000 Courtesy of Berkshire Hathaway HomeServices California Properties

MLS#: 15-893741

Beds: 5

Sq Ft: 4,999

List Date: 4/6/15

Status: Active

Baths: 5/0

Year Built: 1940

DOM: 62

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-893

LISTING PHOTOS 10573 LE CONTE AVE, Los Angeles

$3,699,000

MLS #15-893

MORE LISTING PHOTOS 10573 LE CONTE AVE, Los Angeles

$3,699,000

COMMU

AREA SCHOOLS 10573 LE CONTE AVE, Los Angeles School Warner Avenue Elementary School

$3,699,000 Type

Phone

Distance

Public/K-5

(310) 475-5893

0.27 mi

Private/K-8

(310) 475-6401

0.46 mi

Public/K-5

(310) 470-1344

0.59 mi

Private/K-8

(310) 474-1588

0.83 mi

Marymount High School Los Angeles

Private/9-12

(310) 472-1205

0.87 mi

Ralph Waldo Emerson Middle School

Public/6-8

(310) 234-3100

0.94 mi

Sinai Akiba Academy Fairburn Avenue Elementary School St Paul The Apostle School

Global Montessori School Of Westwood Westwood Elementary School El Rodeo Elementary School Harvard-Westlake School - Middle School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Private, Montessori/PK,K

1.26 mi

Charter/K-5

(310) 474-7788

1.37 mi

Public/K-8

(310) 229-3670

1.46 mi

Private/PK, K-12

(310) 274-7281

1.51 mi

Data provided by

COMMU

AREA RESTAURANTS 10573 LE CONTE AVE, Los Angeles Name

$3,699,000 Type

Distance

The Greenhouse

American (New), Salad

0.24 mi

SEAS Cafe

Cafes

0.45 mi

Garlo's Aussie Pie Shop

Australian, Diners, Bakeries

0.58 mi

Tanzy

Italian

0.6 mi

Barbacoa Mexican Grill

Mexican

0.6 mi

Panini Cafe

Italian, Mediterranean

0.61 mi

Palomino

American (New), Mediterranean

0.64 mi

The Boiling Crab

Cajun/Creole, Seafood

0.65 mi

800 Degrees Neapolitan Pizzeria

Pizza, Italian

0.68 mi

TLT Food

American (New)

0.69 mi

Ike's Place

Sandwiches, Vegan, Gluten-Free

0.7 mi

Mesa Brazilian Eatery

Brazilian

0.74 mi

Fresh Corn Grill

American (New), Italian, Mexican

0.75 mi

House of Meatballs

Italian

0.76 mi

Fat Sal's Deli

Delis, American (New), Burgers

0.76 mi

Bella Pita

Middle Eastern, Sandwiches, Mediterranean

0.76 mi

Rating 55 reviews 67 reviews 230 reviews 110 reviews 95 reviews 297 reviews 1011 reviews 159 reviews 1722 reviews 644 reviews 260 reviews 138 reviews 91 reviews 95 reviews 666 reviews 506 reviews

MLS #15-881

PROPERTY DETAILS 1717 COMSTOCK AVE, Los Angeles Listing information

$2,850,000 Courtesy of Michael Cassell

MLS#: 15-881835

Beds: 4

Sq Ft: 4,035

List Date: 2/23/15

Status: Active

Baths: 2/2/1/0

Year Built: 1927

DOM: 104

Features Floors: Hardwood Stories: 2 Cooling: Central Heating: Central View: City Lights Zoning: LAR1 Pool: Room For Lotsize: 10856 Remarks Wonderfully elegant, lovingly maintained and updated classic Spanish home with original charm and detail. Set on a gentle knoll in prime Westwood neighborhood close to Century City. The grand home boasts spacious rooms, high ceilings, formal living room with exposed beams & fireplace, formal dining room and separate breakfast area. Family room with fireplace. Large kitchen with butcher block center island. Hardwood floors, two zone air conditioning, wired for sound, three fireplaces, center hall floor plan, lots of light. Three bedrooms upstairs including oversized master suite with fireplace, sitting area or office and terrace and two bedrooms with balcony and Century City views. Maid 's suite down with separate entrance. Direct entry to house from garage. Lushly landscaped park like grounds, oversized lot with room for pool. Tremendous curb appeal.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-881

BUYER COMMENTS

1717 COMSTOCK AVE, Los Angeles Listing information

$2,850,000 Courtesy of Michael Cassell

MLS#: 15-881835

Beds: 4

Sq Ft: 4,035

List Date: 2/23/15

Status: Active

Baths: 2/2/1/0

Year Built: 1927

DOM: 104

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-881

LISTING PHOTOS 1717 COMSTOCK AVE, Los Angeles

$2,850,000

MLS #15-881

MORE LISTING PHOTOS 1717 COMSTOCK AVE, Los Angeles

$2,850,000

COMMU

AREA SCHOOLS 1717 COMSTOCK AVE, Los Angeles School Fairburn Avenue Elementary School

$2,850,000 Type

Phone

Distance

Public/K-5

(310) 470-1344

0.51 mi

Private/K-8

(310) 475-6401

0.59 mi

Alt./9-12

(310) 551-5100

0.81 mi

Public/K-8

(310) 229-3670

0.83 mi

Public/9-12

(310) 229-3685

0.9 mi

Public/6-8

(310) 234-3100

0.95 mi

Westwood Elementary School

Charter/K-5

(310) 474-7788

0.95 mi

St Paul The Apostle School

Private/K-8

(310) 474-1588

0.97 mi

Le Lycee Francais de Los Angeles-Century City Elementary School

Private/K-1

(310) 553-7444

0.99 mi

Private/PK,K-8

(310) 474-1811

1.03 mi

Sinai Akiba Academy Moreno High (Continuation) High School El Rodeo Elementary School Beverly Hills High School Ralph Waldo Emerson Middle School

St Timothy School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Data provided by

COMMU

AREA RESTAURANTS 1717 COMSTOCK AVE, Los Angeles Name

$2,850,000 Type

Distance

Clementine

American (New), Breakfast & Brunch, Bakeries

0.18 mi

Gulfstream

American (New), Seafood

0.25 mi

RockSugar Pan Asian Kitchen

Asian Fusion, Indian, Thai

0.27 mi

Wink's Lobster & Seafood

Seafood, Street Vendors

0.38 mi

Mrs Winston's Green Grocery

Salad, Sandwiches, Grocery

0.41 mi

Bolee's Gourmet

Sandwiches, Coffee & Tea, Bagels

0.44 mi

Craft

American (New)

0.52 mi

Hinoki & The Bird

American (New)

0.54 mi

1880 Cafe

American (New), Sandwiches

0.57 mi

Bru's Counter

Salad, Sandwiches

0.73 mi

The Main Course

American (Traditional), Modern European

1.0 mi

The Room Sushi Bar

Sushi Bars

1.01 mi

Nik Nik Grill

American (Traditional), Italian

1.02 mi

Ramayani

Indonesian

1.02 mi

Taste of Tehran

Persian/Iranian

1.04 mi

Necco

Japanese

1.04 mi

Rating 721 reviews 500 reviews 1464 reviews 22 reviews 95 reviews 17 reviews 1354 reviews 686 reviews 52 reviews 114 reviews 110 reviews 374 reviews 52 reviews 352 reviews 311 reviews 56 reviews

MLS #15-910

PROPERTY DETAILS 1917 CAMDEN AVE, Los Angeles

$2,350,000

Listing information

Courtesy of Gibson International

MLS#: 15-910503

Beds: 6

Sq Ft: 3,361

List Date: 6/1/15

Status: Active

Baths: 4/0

Year Built: 1931

DOM: 6

Features Floors: Carpet, Hardwood, Tile Stories: 2 Cooling: Air Conditioning Heating: Forced Air View: City Lights Zoning: LAR1 Lotsize: 6054 Remarks What a fabulous opportunity to acquire this gorgeous, rare, old world, two-story Spanish-style home built in 1931. This charming 6 bedrooms, 4 baths property was extensively remodeled and enlarged in the 1990's. As you pass through the enchanting arched walkway and front courtyard, you enter a cleverly designed circular vestibule, leading to many areas in the house. The living room has high coved ceilings, a fire place and surrounding windows which are the perfect setting for your fabulous soirees, dancing and music playing. The beautifully remodeled kitchen opens on one side to the formal dining room and the front courtyard. The other side opens to the breakfast cove and a large comfortable family room leading to the enclosed back yard. The lower level with two bedrooms, 2 baths may be used as guest quarters, maid's quarter plus office or den while the upper level with its 4 bedrooms...

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-910

BUYER COMMENTS

1917 CAMDEN AVE, Los Angeles

$2,350,000

Listing information

Courtesy of Gibson International

MLS#: 15-910503

Beds: 6

Sq Ft: 3,361

List Date: 6/1/15

Status: Active

Baths: 4/0

Year Built: 1931

DOM: 6

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-910

LISTING PHOTOS 1917 CAMDEN AVE, Los Angeles

$2,350,000

MLS #15-910

MORE LISTING PHOTOS 1917 CAMDEN AVE, Los Angeles

$2,350,000

COMMU

AREA SCHOOLS 1917 CAMDEN AVE, Los Angeles School Global Montessori School Of Westwood New Horizon School Westside

$2,350,000 Type

Phone

Private, Montessori/PK,K

Distance 0.31 mi

Private/PK,K-5

(310) 231-6092

0.45 mi

Nora Sterry Elementary School

Public/K-5

(310) 473-2172

0.53 mi

Ralph Waldo Emerson Middle School

Public/6-8

(310) 234-3100

0.63 mi

Westwood Elementary School

Charter/K-5

(310) 474-7788

0.64 mi

St Paul The Apostle School

Private/K-8

(310) 474-1588

0.71 mi

Brawerman Elementary Of Wilshire Blvd Temple

Private/K-6

(310) 445-1280

0.89 mi

New West Charter Middle School

Charter/6-9

(310) 943-5444

0.92 mi

Private/PK, K-8

(310) 479-3607

0.94 mi

Private/K-5

(310) 479-8500

0.96 mi

St Joan of Arc School New Roads Elementary School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Data provided by

COMMU

AREA RESTAURANTS 1917 CAMDEN AVE, Los Angeles Name

$2,350,000 Type

Distance

Zankou Chicken

Middle Eastern, Mediterranean

0.27 mi

Necco

Japanese

0.32 mi

Taste of Tehran

Persian/Iranian

0.32 mi

California Chicken Cafe

American (Traditional)

0.34 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.35 mi

The Room Sushi Bar

Sushi Bars

0.35 mi

Sawtelle Tempura House

Japanese

0.36 mi

Bachi Burger

Burgers

0.36 mi

Plan Check Kitchen + Bar

American (New), Burgers, Gastropubs

0.36 mi

California Fresh

Italian, Gluten-Free, Mediterranean

0.36 mi

Tsujita LA Artisan Noodle Annex

Ramen

0.37 mi

Flores and The Ladies' Gunboat Society

American (New), Comfort Food

0.39 mi

ROC Kitchen

Chinese, Taiwanese

0.4 mi

Ramayani

Indonesian

0.4 mi

Tsujita LA Artisan Noodle

Ramen

0.4 mi

Seoul Sausage Company

Korean, Hot Dogs

0.42 mi

Rating 893 reviews 56 reviews 311 reviews 615 reviews 107 reviews 374 reviews 135 reviews 399 reviews 1602 reviews 186 reviews 685 reviews 293 reviews 885 reviews 352 reviews 1695 reviews 1035 reviews

MLS #15-903

PROPERTY DETAILS 1532 GLENDON AVE, Los Angeles

$1,590,000

Listing information

Courtesy of Coldwell Banker Residential Brokerage

MLS#: 15-903105

Beds: 4

Sq Ft: 1,974

List Date: 5/8/15

Status: Active

Baths: 1/2/0/0

Year Built: 1940

DOM: 30

Features Exterior: Stucco Floors: Hardwood, Marble, Tile Stories: 2 Cooling: Central Heating: Central View: City Zoning: LAR1 Pool: In Ground, Private Patio: Brick Lotsize: 6593 Remarks Centrally located in the beautiful community of Westwood this contemporary home is waiting for your final touches. Spacious floor plan, hardwood and stone floors, crown molding, custom cabinetry and woodworking with ornate finishes throughout deliver a level of sophistication that will impress. The oversized kitchen with chef's island, granite counter tops and oversized cabinets will enable you to accommodate any size party you decide to host. With a formal dining room, expansive living room fireplace and proper cocktail bar makes this home the perfect template for you next party. With an expansive backyard, with brick patio, pool, spa and stone grill will make you never want to leave your oasis in the city. A large deck at the front of the house, 2 car garage, and large driveway centrally located to shops, schools, restaurants and houses of worship will make this gem the perfect find.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-903

BUYER COMMENTS

1532 GLENDON AVE, Los Angeles

$1,590,000

Listing information

Courtesy of Coldwell Banker Residential Brokerage

MLS#: 15-903105

Beds: 4

Sq Ft: 1,974

List Date: 5/8/15

Status: Active

Baths: 1/2/0/0

Year Built: 1940

DOM: 30

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-903

LISTING PHOTOS 1532 GLENDON AVE, Los Angeles

$1,590,000

MLS #15-903

MORE LISTING PHOTOS 1532 GLENDON AVE, Los Angeles

$1,590,000

COMMU

AREA SCHOOLS 1532 GLENDON AVE, Los Angeles

$1,590,000

School

Type

St Paul The Apostle School

Private/K-8

(310) 474-1588

0.14 mi

Public/6-8

(310) 234-3100

0.2 mi

Ralph Waldo Emerson Middle School Global Montessori School Of Westwood Fairburn Avenue Elementary School

Phone

Private, Montessori/PK,K

Distance

0.39 mi

Public/K-5

(310) 470-1344

0.66 mi

Westwood Elementary School

Charter/K-5

(310) 474-7788

0.71 mi

New Horizon School Westside

Private/PK,K-5

(310) 231-6092

0.89 mi

Public/K-5

(310) 473-2172

0.92 mi

Private/K-8

(310) 475-6401

1.05 mi

Warner Avenue Elementary School

Public/K-5

(310) 475-5893

1.17 mi

St Sebastian School

Private/1-8

(310) 473-3337

1.26 mi

Nora Sterry Elementary School Sinai Akiba Academy

See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Data provided by

COMMU

AREA RESTAURANTS 1532 GLENDON AVE, Los Angeles Name

$1,590,000 Type

Distance

Nik Nik Grill

American (Traditional), Italian

0.08 mi

Cafe Glace

Persian/Iranian, Cafes, Pizza

0.15 mi

P'tit Soleil

Tapas/Small Plates, French, Bars

0.19 mi

Pomodoro Trattoria

Italian

0.2 mi

Ramayani

Indonesian

0.25 mi

fundamental LA

American (New)

0.3 mi

Fresh Corn Grill

American (New), Italian, Mexican

0.33 mi

Naab Cafe

Persian/Iranian, Halal, Hookah Bars

0.34 mi

Bru's Counter

Salad, Sandwiches

0.42 mi

The Room Sushi Bar

Sushi Bars

0.42 mi

Palomino

American (New), Mediterranean

0.47 mi

Taste of Tehran

Persian/Iranian

0.48 mi

Necco

Japanese

0.49 mi

Panini Cafe

Italian, Mediterranean

0.49 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.5 mi

800 Degrees Neapolitan Pizzeria

Pizza, Italian

0.52 mi

Rating 52 reviews 139 reviews 97 reviews 545 reviews 352 reviews 629 reviews 91 reviews 196 reviews 114 reviews 374 reviews 1011 reviews 311 reviews 56 reviews 297 reviews 107 reviews 1722 reviews

MLS #15-911

PROPERTY DETAILS 10348 CALVIN AVE, Los Angeles

$1,499,000

Listing information

Courtesy of Teles Properties, Inc.

MLS#: 15-911037

Beds: 3

Sq Ft: 2,372

List Date: 6/4/15

Status: Active

Baths: 2/1

Year Built: 1936

DOM: 3

Features Floors: Hardwood Stories: 2 Cooling: Central Heating: Central View: None Zoning: LAR1 Lotsize: 4928 Remarks Totally updated Century City Adjacent resort style Spanish 3 bed/2.5 bath w/ ideal indoor/outdoor flow. Well landscaped front enclosed courtyard leads to LR w charming bay window & fireplace. DR w/ french doors facing front courtyard. Rear FR w/ beamed ceiling, fireplace & double french doors opening to tranquil zen backyard w/ Koi pond including water feature, outdoor fireplace w/ stacked stone & flagstone hardscape. Beautifully updated gourmet kitchen w/ breakfast bar, granite countertops, stainless/steel appliances & glass front cabinetry opens to FR. 2 bdrms downstairs, both w/ french doors leading outside. Fabulous upstairs grand master ste designed w/ circular ceiling, step out balcony, custom walkin & 2nd closet& tree top views. Master bthrm w/ sep spa bath & shower & marble finishes. Hardwood flooring, crown molding, archways, central a/c/heat, rmdld bthrms. Landry rm off k...

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-911

BUYER COMMENTS

10348 CALVIN AVE, Los Angeles

$1,499,000

Listing information

Courtesy of Teles Properties, Inc.

MLS#: 15-911037

Beds: 3

Sq Ft: 2,372

List Date: 6/4/15

Status: Active

Baths: 2/1

Year Built: 1936

DOM: 3

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-911

LISTING PHOTOS 10348 CALVIN AVE, Los Angeles

$1,499,000

MLS #15-911

MORE LISTING PHOTOS 10348 CALVIN AVE, Los Angeles

$1,499,000

COMMU

AREA SCHOOLS 10348 CALVIN AVE, Los Angeles

$1,499,000

School

Type

Le Lycee Francais de Los Angeles-Century City Elementary School

Private/K-1

(310) 553-7444

0.42 mi

Private/PK,K-8

(310) 474-1811

0.53 mi

Alt./9-12

(310) 551-5100

0.81 mi

Beverly Hills High School

Public/9-12

(310) 229-3685

0.83 mi

Westwood Elementary School

Charter/K-5

(310) 474-7788

0.94 mi

Fairburn Avenue Elementary School

Public/K-5

(310) 470-1344

1.0 mi

Overland Avenue Elementary School

Public/K-6

(310) 838-7308

1.0 mi

El Rodeo Elementary School

Public/K-8

(310) 229-3670

1.02 mi

Private/PK,K-8

(310) 275-8601

1.13 mi

Private/K-8

(310) 475-6401

1.16 mi

St Timothy School Moreno High (Continuation) High School

Good Shepherd Catholic School Sinai Akiba Academy See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Phone

Distance

Data provided by

COMMU

AREA RESTAURANTS 10348 CALVIN AVE, Los Angeles Name

$1,499,000 Type

Distance

Mark's Food for All

American (New), Breakfast & Brunch, Food Stands

0.34 mi

Hinoki & The Bird

American (New)

0.35 mi

Gulfstream

American (New), Seafood

0.47 mi

Craft

American (New)

0.48 mi

Clementine

American (New), Breakfast & Brunch, Bakeries

0.53 mi

The Main Course

American (Traditional), Modern European

0.53 mi

Wink's Lobster & Seafood

Seafood, Street Vendors

0.57 mi

Steingarten LA

Gastropubs, German, American (New)

0.58 mi

Bolee's Gourmet

Sandwiches, Coffee & Tea, Bagels

0.62 mi

Marty's Hamburger Stand

Burgers, Hot Dogs

0.63 mi

Food

Sandwiches, Breakfast & Brunch

0.64 mi

1880 Cafe

American (New), Sandwiches

0.66 mi

Totoraku

Japanese

0.72 mi

Bru's Counter

Salad, Sandwiches

0.8 mi

The Six

American (New), Gastropubs

0.82 mi

The West End: Craft Bar and Neighborhood Kitchen

Tapas/Small Plates, American (New), Gastropubs

0.97 mi

Rating 16 reviews 686 reviews 500 reviews 1354 reviews 721 reviews 110 reviews 22 reviews 504 reviews 17 reviews 181 reviews 533 reviews 52 reviews 202 reviews 114 reviews 447 reviews 65 reviews

MLS #15-910

PROPERTY DETAILS 2038 THAYER AVE, Los Angeles

$1,399,000

Listing information

Courtesy of Teles Properties, Inc.

MLS#: 15-910707

Beds: 2

Sq Ft: 1,500

List Date: 6/2/15

Status: Active

Baths: 1/1/0/0

Year Built: 1924

DOM: 5

Features Floors: Hardwood Stories: 1 Cooling: None Heating: Gravity View: City Zoning: LAR1 Lotsize: 7003 Remarks Charming 2 bed + den and 1.75 bath cottage-style home with many original features and character on highly desired Thayer Ave. Enchanting Japanese garden with pond, mature trees including pine and Japanese maple, rare bamboos and winding stone paths. Storybook entry with floor to ceiling bookshelves opens to living room with coved ceilings and fireplace. Dining room opens to cozy side den. Rear kitchen with bfast area seating for four and sliding glass door to back deck and tranquil backyard oasis, a unique and very private refuge. 7000sf lot close to Century City. Laundry room off kitchen with side door. A very special property in a very special location.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-910

BUYER COMMENTS

2038 THAYER AVE, Los Angeles

$1,399,000

Listing information

Courtesy of Teles Properties, Inc.

MLS#: 15-910707

Beds: 2

Sq Ft: 1,500

List Date: 6/2/15

Status: Active

Baths: 1/1/0/0

Year Built: 1924

DOM: 5

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-910

LISTING PHOTOS 2038 THAYER AVE, Los Angeles

$1,399,000

MLS #15-910

MORE LISTING PHOTOS 2038 THAYER AVE, Los Angeles

$1,399,000

COMMU

AREA SCHOOLS 2038 THAYER AVE, Los Angeles

$1,399,000

School

Type

Westwood Elementary School

Charter/K-5

(310) 474-7788

0.47 mi

Private/PK,K-8

(310) 474-1811

0.55 mi

Private/K-1

(310) 553-7444

0.65 mi

Fairburn Avenue Elementary School

Public/K-5

(310) 470-1344

0.76 mi

Ralph Waldo Emerson Middle School

Public/6-8

(310) 234-3100

0.79 mi

St Timothy School Le Lycee Francais de Los Angeles-Century City Elementary School

Global Montessori School Of Westwood Overland Avenue Elementary School

Phone

Private, Montessori/PK,K

Distance

0.86 mi

Public/K-6

(310) 838-7308

0.87 mi

St Paul The Apostle School

Private/K-8

(310) 474-1588

0.89 mi

Sinai Akiba Academy

Private/K-8

(310) 475-6401

1.09 mi

Private/9-12

(310) 839-5289

1.18 mi

Notre Dame Academy Girls High School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Data provided by

COMMU

AREA RESTAURANTS 2038 THAYER AVE, Los Angeles Name

$1,399,000 Type

Distance

Bru's Counter

Salad, Sandwiches

0.42 mi

Steingarten LA

Gastropubs, German, American (New)

0.48 mi

The Main Course

American (Traditional), Modern European

0.48 mi

Food

Sandwiches, Breakfast & Brunch

0.5 mi

Marty's Hamburger Stand

Burgers, Hot Dogs

0.52 mi

Totoraku

Japanese

0.55 mi

Cemitas Poblanas

Mexican, Food Trucks

0.56 mi

California Fresh

Italian, Gluten-Free, Mediterranean

0.58 mi

The West End: Craft Bar and Neighborhood Kitchen

Tapas/Small Plates, American (New), Gastropubs

0.58 mi

The Six

American (New), Gastropubs

0.6 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.6 mi

California Chicken Cafe

American (Traditional)

0.61 mi

Necco

Japanese

0.63 mi

Taste of Tehran

Persian/Iranian

0.63 mi

The Room Sushi Bar

Sushi Bars

0.63 mi

Rabbi's Daughter

Kosher, Butcher, Meat Shops

0.67 mi

Rating 114 reviews 504 reviews 110 reviews 533 reviews 181 reviews 202 reviews 20 reviews 186 reviews 65 reviews 447 reviews 107 reviews 615 reviews 56 reviews 311 reviews 374 reviews 34 reviews

MLS #15-892

PROPERTY DETAILS 2377 GLENDON AVE, Los Angeles

$1,275,000

Listing information

Courtesy of Help-U-Sell Westside Realty

MLS#: 15-892071

Beds: 3

Sq Ft: 1,475

List Date: 4/2/15

Status: Active

Baths: 1/1/0/0

Year Built: 1939

DOM: 66

Features Floors: Hardwood, Mixed Stories: 1 Cooling: Central Heating: Central View: None Zoning: LAR1 Lotsize: 6759 Remarks Charming traditional home with 3 bedrooms and 2 bathrooms in the coveted Westwood Charter School district. Living room with fireplace. Formal dining room. Nicely remodeled kitchen with granite counters and breakfast bar. Remodeled full bathroom with separate tub and shower. Hardwood floors. Central air conditioning and heating. Laundry room inside of house. Gated driveway and detached two car garage. Private backyard with patio, lots of green grass and landscape. Very convenient location close to shopping, entertainment, UCLA, Westwood, Century City, Rancho Park Golf Courses, Beverly Hills and Santa Monica.

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-892

BUYER COMMENTS

2377 GLENDON AVE, Los Angeles

$1,275,000

Listing information

Courtesy of Help-U-Sell Westside Realty

MLS#: 15-892071

Beds: 3

Sq Ft: 1,475

List Date: 4/2/15

Status: Active

Baths: 1/1/0/0

Year Built: 1939

DOM: 66

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-892

LISTING PHOTOS 2377 GLENDON AVE, Los Angeles

$1,275,000

MLS #15-892

MORE LISTING PHOTOS 2377 GLENDON AVE, Los Angeles

$1,275,000

COMMU

AREA SCHOOLS 2377 GLENDON AVE, Los Angeles

$1,275,000

School

Type

Westwood Elementary School

Charter/K-5

(310) 474-7788

0.49 mi

Public/K-6

(310) 838-7308

0.53 mi

Private/PK,K-8

(310) 474-1811

0.7 mi

Notre Dame Academy Girls High School

Private/9-12

(310) 839-5289

0.77 mi

Global Montessori School Of Westwood

Private, Montessori/PK,K

Overland Avenue Elementary School St Timothy School

Notre Dame Academy Elementary School

Phone

Distance

0.81 mi

Private/K-8

(310) 287-3895

0.85 mi

Daniel Webster Middle School

Public/4-8

(310) 235-4600

0.92 mi

Redeemer Baptist Elementary

Private/K-6

(310) 475-4598

0.93 mi

Le Lycee Francais de Los Angeles-Century City Elementary School

Private/K-1

(310) 553-7444

0.95 mi

Public/K-5

(310) 479-7739

0.96 mi

Clover Avenue Elementary School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Data provided by

COMMU

AREA RESTAURANTS 2377 GLENDON AVE, Los Angeles Name

$1,275,000 Type

Distance

The Apple Pan

Burgers, Diners

0.03 mi

Westside Tavern

American (New), Pubs

0.1 mi

Rabbi's Daughter

Kosher, Butcher, Meat Shops

0.11 mi

The Backhouse

Sushi Bars, Japanese

0.15 mi

Gulp Restaurant & Brew Pub

Gastropubs, American (Traditional)

0.18 mi

The Six

American (New), Gastropubs

0.25 mi

Bossa Nova Brazilian Cuisine

Brazilian

0.28 mi

Cemitas Poblanas

Mexican, Food Trucks

0.34 mi

The West End: Craft Bar and Neighborhood Kitchen

Tapas/Small Plates, American (New), Gastropubs

0.37 mi

Totoraku

Japanese

0.37 mi

Food

Sandwiches, Breakfast & Brunch

0.45 mi

Marty's Hamburger Stand

Burgers, Hot Dogs

0.49 mi

California Chicken Cafe

American (Traditional)

0.5 mi

California Fresh

Italian, Gluten-Free, Mediterranean

0.51 mi

The Main Course

American (Traditional), Modern European

0.58 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.59 mi

Rating 2072 reviews 1081 reviews 34 reviews 420 reviews 116 reviews 447 reviews 845 reviews 20 reviews 65 reviews 202 reviews 533 reviews 181 reviews 615 reviews 186 reviews 110 reviews 107 reviews

MLS #15-907

PROPERTY DETAILS 2135 OVERLAND AVE, Los Angeles

$1,225,000

Listing information

Courtesy of Keller Williams Rlty Los Feliz

MLS#: 15-907319

Beds: 3

Sq Ft: 1,570

List Date: 5/24/15

Status: Active

Baths: 1/1/0/0

Year Built: 1926

DOM: 14

Features Exterior: Stucco Interior: Turnkey Floors: Hardwood, Tile Roof: Composition Shingle Stories: 1 Cooling: Air Conditioning, Central Heating: Central View: None Zoning: LAR1 Water: Public Cross streets: Olympic Blvd Lotsize: 5406 Remarks Step inside this tasteful traditional Tudor in the coveted and family-friendly Westwood neighborhood. The 3 bedroom and 1.75 bathroom home originally built in 1926 has the perfect blend of unspoiled features from the past and modern updates to comfort you. Beautiful sunlit living room with fireplace is a cozy entertaining area. Large formal dining room for sit down meals. Remodeled kitchen with new cabinetry and quartz counter tops offers plenty of room to have breakfast or informal dining. Extra large master bedroom is a lovely retreat with plenty of closet and storage space. Updated central bathroom features a new footed tub to relax the body and soul. The back yard grassy area is ideal for kids to romp and play while there is a seating area over flagstone to enjoy the outdoors. The 2-car garage is an open palette begging for a pilates studio or art studio. Footsteps away f...

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-907

BUYER COMMENTS

2135 OVERLAND AVE, Los Angeles

$1,225,000

Listing information

Courtesy of Keller Williams Rlty Los Feliz

MLS#: 15-907319

Beds: 3

Sq Ft: 1,570

List Date: 5/24/15

Status: Active

Baths: 1/1/0/0

Year Built: 1926

DOM: 14

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-907

LISTING PHOTOS 2135 OVERLAND AVE, Los Angeles

$1,225,000

MLS #15-907

MORE LISTING PHOTOS 2135 OVERLAND AVE, Los Angeles

$1,225,000

COMMU

AREA SCHOOLS 2135 OVERLAND AVE, Los Angeles

$1,225,000

School

Type

Westwood Elementary School

Charter/K-5

Global Montessori School Of Westwood Ralph Waldo Emerson Middle School

Phone (310) 474-7788

Private, Montessori/PK,K

Distance 0.16 mi 0.59 mi

Public/6-8

(310) 234-3100

0.68 mi

Private/PK,K-8

(310) 474-1811

0.69 mi

Public/K-6

(310) 838-7308

0.76 mi

St Paul The Apostle School

Private/K-8

(310) 474-1588

0.81 mi

Le Lycee Francais de Los Angeles-Century City Elementary School

Private/K-1

(310) 553-7444

0.89 mi

Public/K-5

(310) 470-1344

0.93 mi

Private/9-12

(310) 839-5289

1.06 mi

Private/K-8

(310) 287-3895

1.14 mi

St Timothy School Overland Avenue Elementary School

Fairburn Avenue Elementary School Notre Dame Academy Girls High School Notre Dame Academy Elementary School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Data provided by

COMMU

AREA RESTAURANTS 2135 OVERLAND AVE, Los Angeles Name

$1,225,000 Type

Distance

The West End: Craft Bar and Neighborhood Kitchen

Tapas/Small Plates, American (New), Gastropubs

0.22 mi

California Fresh

Italian, Gluten-Free, Mediterranean

0.28 mi

California Chicken Cafe

American (Traditional)

0.3 mi

Rabbi's Daughter

Kosher, Butcher, Meat Shops

0.32 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.34 mi

Necco

Japanese

0.37 mi

Taste of Tehran

Persian/Iranian

0.38 mi

The Apple Pan

Burgers, Diners

0.4 mi

Bru's Counter

Salad, Sandwiches

0.4 mi

The Six

American (New), Gastropubs

0.41 mi

The Room Sushi Bar

Sushi Bars

0.41 mi

Cemitas Poblanas

Mexican, Food Trucks

0.43 mi

Totoraku

Japanese

0.45 mi

Food

Sandwiches, Breakfast & Brunch

0.46 mi

Westside Tavern

American (New), Pubs

0.47 mi

The Backhouse

Sushi Bars, Japanese

0.47 mi

Rating 65 reviews 186 reviews 615 reviews 34 reviews 107 reviews 56 reviews 311 reviews 2072 reviews 114 reviews 447 reviews 374 reviews 20 reviews 202 reviews 533 reviews 1081 reviews 420 reviews

MLS #15-909

PROPERTY DETAILS 2030 OVERLAND AVE, Los Angeles Listing information

$999,000 Courtesy of Rodeo Realty - Pacific Palisades

MLS#: 15-909251

Beds: 2

Sq Ft: 1,501

List Date: 6/6/15

Status: Active

Baths: 1/0

Year Built: 1927

DOM: 1

Features Exterior: Stucco Kitchen: Galley Kitchen, Tile Counters Floors: Hardwood, Linoleum, Slate Stories: 1 Mello Roos: No Cooling: Air Conditioning Heating: Central, Natural Gas View: None Zoning: LAR1 Water: District/Public, Meter on Property Builders tract name: Not in a Development Lot description: Back Yard, Curbs, Front Yard, Landscaped, Lawn, Lot Shape-Rectangular, Sidewalks, Utilities - Overhead, Yard Cross streets: La Grange Lotsize: 5400 Remarks Attention rehabbers or owners looking for a fantastic opportunity North of Olympic Blvd. This lovely Spanish home is located steps away from the desirable Westwood Charter School and offers a wonderfully landscaped yard, charming curb appeal, and great bones. Upon entering the home you will enjoy a bright living room with a fireplace and barreled ceiling. There is a dining room, two bedrooms, one bathroom and the home features some copper plumbing and wood floors. Just off the kitchen, you'll find an adorable breakfast nook that will invite you to enjoy a morning cup of coffee. There's also a laundry room and plenty of closet space. Attached to the one car garage is a large recreation room measuring over 400 square feet that can be used as a home office, or a place for guests to stay. A+ location with close proximity to Century City, UCLA, freeways, Westwood Blvd. restaurants & retai...

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-909

BUYER COMMENTS

2030 OVERLAND AVE, Los Angeles Listing information

$999,000 Courtesy of Rodeo Realty - Pacific Palisades

MLS#: 15-909251

Beds: 2

Sq Ft: 1,501

List Date: 6/6/15

Status: Active

Baths: 1/0

Year Built: 1927

DOM: 1

How do you rate this property? Comments:

Information is deemed reliable but not guaranteed.

Source: TheMLS.com

MLS #15-909

LISTING PHOTOS 2030 OVERLAND AVE, Los Angeles

$999,000

MLS #15-909

MORE LISTING PHOTOS 2030 OVERLAND AVE, Los Angeles

$999,000

COMMU

AREA SCHOOLS 2030 OVERLAND AVE, Los Angeles

$999,000

School

Type

Westwood Elementary School

Charter/K-5

Global Montessori School Of Westwood Ralph Waldo Emerson Middle School

Phone (310) 474-7788

Private, Montessori/PK,K

Distance 0.09 mi 0.52 mi

Public/6-8

(310) 234-3100

0.56 mi

Private/K-8

(310) 474-1588

0.68 mi

Private/PK,K-8

(310) 474-1811

0.76 mi

Fairburn Avenue Elementary School

Public/K-5

(310) 470-1344

0.8 mi

Overland Avenue Elementary School

Public/K-6

(310) 838-7308

0.89 mi

Private/K-1

(310) 553-7444

0.95 mi

Private/PK,K-5

(310) 231-6092

1.18 mi

Private/9-12

(310) 839-5289

1.19 mi

St Paul The Apostle School St Timothy School

Le Lycee Francais de Los Angeles-Century City Elementary School New Horizon School Westside Notre Dame Academy Girls High School See more information on Los Angeles schools from Education.com. ÂŠEducation.com, Inc. 2010. Use is subject to Terms of Service.

Data provided by

COMMU

AREA RESTAURANTS 2030 OVERLAND AVE, Los Angeles Name

$999,000 Type

Distance

California Fresh

Italian, Gluten-Free, Mediterranean

0.26 mi

Bru's Counter

Salad, Sandwiches

0.27 mi

The West End: Craft Bar and Neighborhood Kitchen

Tapas/Small Plates, American (New), Gastropubs

0.27 mi

California Chicken Cafe

American (Traditional)

0.29 mi

Zuma Kitchen

Mediterranean, Turkish, Middle Eastern

0.29 mi

Necco

Japanese

0.32 mi

Taste of Tehran

Persian/Iranian

0.32 mi

The Room Sushi Bar

Sushi Bars

0.34 mi

Rabbi's Daughter

Kosher, Butcher, Meat Shops

0.44 mi

Ramayani

Indonesian

0.5 mi

The Apple Pan

Burgers, Diners

0.53 mi

The Six

American (New), Gastropubs

0.54 mi

Totoraku

Japanese

0.56 mi

Food

Sandwiches, Breakfast & Brunch

0.56 mi

Westside Tavern

American (New), Pubs

0.59 mi

The Backhouse

Sushi Bars, Japanese

0.6 mi

Rating 186 reviews 114 reviews 65 reviews 615 reviews 107 reviews 56 reviews 311 reviews 374 reviews 34 reviews 352 reviews 2072 reviews 447 reviews 202 reviews 533 reviews 1081 reviews 420 reviews

INFO

WHAT ARE YOUR HOMEBUYING GOALS? With the dramatic rise and fall of housing prices over the last decade, consumers have new respect for homes as investments. But the flip side, is that your investment is still a home, one you’re likely to occupy for several years or more.

Ownership According to the annual Profile of Home Buyers and Sellers, compiled by the National Association of REALTORS®, the primary reason buyers cite for purchasing a home is simply the desire to own, followed closely by the desire for more space, and a change in the family situation. For most people, buying a home is more about giving household members more comfortable living arrangements and putting them closer to jobs, favorite activities, other family and friends. What are your goals for buying a home? You might want a better home and neighborhood. You might want a different kind of living experience, such as moving from an apartment to a single-family home with a private garage and yard. Your family may be growing, so you have to think about school districts and proximity to parks and other recreation. If you’re not certain, you might think about what would change about your situation if you became a homeowner. You’ll definitely be more established. If you’re like most homebuyers, you expect to stay in your new home about 10 years.

Equity You’ll also build equity for yourself, instead of for someone else. Every payment you make, plus the rules of inflation will eventually allow you to recoup most if not all of your investment, or make a profit when you sell. Affordability may also be an important factor for you. The combination of low interest rates and low prices allows you to buy more home for the money. Rents are rising, making ownership more affordable than renting in many areas, especially when you factor in tax incentives such as mortgage interest deductions and property taxes allowable as deductions against your income. When you buy, make your goals long-term. Choose the home you think will serve your household’s needs the best for the longest period of time, as it’s been proven that the longer you own a home, the more equity you’ll build. Today’s market conditions and affordability, make it more likely that you will reach your homebuying goals, no matter what they are.

INFO

HOW TO DECIDE WHICH HOME TO BUY Buying a home is a long-term commitment. The home you buy should be affordable, yet offer the size, features and amenities you and your family want.

Affordability Your monthly payments should be comfortable for you to handle, in relationship to your total obligations, about 28% of gross monthly income. Your house payment and your debts should not exceed 36% of your income, including revolving credit, student loans, and child support. You should also be in the correct loan for your needs. A fixed rate is more expensive, but offers more protection than an adjustable rate mortgage that can reset to a higher amount, making your monthly payments higher. Also, consider the monthly operating costs of the home including utilities, HOA fees, landscaping, commuting, and other costs.

Location Location is about convenience, and you’ll pay a premium to be closer to work centers, parks, shopping and transportation. You can buy a smaller home, or you can buy a home in need of updates to get closer to where you need to be. Think about your commutes to frequent destinations, including jobs, schools, family and friends. To get “more house,” you may have to move further away from core city centers.

Features Make a list of must-have features so you can narrow your home search. A front porch, a two-car garage, hardwood floors, and eat-in kitchen can all add to the enjoyment of your home. Just as important is how your home is designed. The number of bedrooms and baths should suit your household members, and the layout should suit your lifestyle. If you like to entertain, you should have plenty of dining space and storage for dishes and cookware. If you frequently work at home, you’ll need a home office or at least a quiet designated workspace. Just make sure the home you choose allows room for your family to grow. Talk to your lender and see what you can qualify to buy, then talk with your real estate professional about the home you have in mind. With professional guidance, you should be able to find and buy the home of your dreams, where you’ll be happy for a long time to come.

INFO

LOWER PRICE OR LOWER INTEREST RATE Which Is Better? In a buyer’s market, buyers wait for signs that prices are going lower. In a seller’s market, buyers don’t wait because they’re afraid prices will go higher. Both markets move on the fear of paying too much. Right now, buyers have the best of both worlds – home prices have rolled back to nearly a decade ago, and mortgage interest rates are at record lows. Yet, many buyers are still waiting for a sign that it’s the right time to buy. Should you wait for lower prices or lower interest rates before you jump in? Consider the following: The price of a home is fixed. Buyers have figured out that interest rates can change, so they wait for prices to go lower, but what they don’t realize is that prices have to drop significantly to equal a minor fluctuation in mortgage interest rates.

Mortgage Calculator A quick visit to a mortgage calculator will show you the following: • If you buy a home at $200,000 and a 30-year, fixed-rate mortgage at 4.5%, your monthly payment will be $1,013.37 and you’ll pay $164,813.42 in interest over the life of the loan. • The same home at 5% interest costs $1,073.64, a difference of $60.27 more per month and $186,511.57 in interest over the life of the loan. The difference in interest payments alone is $21,698.15. • If your home dropped 5% in value and you were able to buy it at $190,000 and 4.5% interest, your payment would be $962.70, a difference of $50.67 per month, with $156,572.75 in interest over the life of the loan. You’d save $50.67 per month than if you’d paid $200,000. • At 5%, your $190,000 home costs $1019.96, or $53.68 more per month than if you’d gotten the loan at 4.5%. Your interest payments would total $177,185.99 over the life of the loan. The difference in payments is $20,613.24. Home prices today are well below the peak of the housing boom in 2005, and mortgage interest rates are at all-time lows. Sooner or later one of them will move up. Why not buy while both are low?

INFO

YOUR DOWN PAYMENT Good News Lately, it’s been in the news that credit is tight, but if you believe that you need 20% down and perfect credit to buy a home, you may have good news coming. Loans are available with as little as zero down through the Veterans Administration, for veterans and activeduty military. FHA has programs as low as 3.5 percent down for qualifying borrowers who buy within maximum loan limits, up to $625,000.

Credit Score Borrowers with less than perfect credit can get loans as well. Higher credit scores help qualify borrowers for better rates. For example, if you have a credit score of 720 or better, you can buy a home through FHA with 10% down. The rule of thumb is simple – less money down requires a higher credit score and vice versa. A down payment is simply your way of showing the lender that you are willing to risk your money to buy the home you want. The larger the down payment, the more likely the lender is to make the loan. The credit score will tell you how much money you have to put down; it’s a factor in your interest rate. If you put 20 percent down, you can get a loan even if you have a low credit score of 580 or 620. If you have a 740 or 760, the lender will go with less money down.

First Time Buyers It also matters where the down payment money is coming from. Lenders expect first-time buyers to get help from family to buy a home, so there may be limits to the size or percentage of the down payment gift that the lender will allow. Down payment assistance can also come from grants. The FHA no longer allows seller-assisted down payments, but does provide a link to national organizations that may be of help. Also, check your local housing authority to see if there are grants available in your area. Talk to your lender before you make an offer. Get prequalified, and be up front about the source of your down payment money. A good lender will explain the true costs of borrowing to you so you can comfortably afford the home you want as well as the monthly payments.

INFO

WHAT BUYERS SHOULD EXPECT IN A SHORT SALE When they purchased their homes, sellers were required to make down payments to qualify for their mortgages and they may have built up some equity from paying their mortgages. However, some may not have owned their homes long enough to break even or sell at a profit. Further, the local market may have changed; falling home values may have stripped any equity the seller earned to the point that they owe more on their homes than they’re worth.

Short Sale A short sale is a transaction approved by a lender to clear the seller’s mortgage debt for less than what the seller owes. A short sale can mean that a home is marketed substantially below the seller’s purchase price, which can result in a substantial bargain for the next homebuyer. It’s the lender who is taking the loss though. For that reason, short sales can take months longer than a typical home purchase, and may never happen. That can be a problem for a homebuyer who has locked in a low interest rate, or who is interested in moving into their new home within the next two months. First, the seller must prove financial distress to the lender, including W-2s, bank statements, payroll stubs, termination letters, financial statements, a letter explaining the hardship, and more. Then the lender must substantiate the current market value of the home to verify what the seller says – that they can’t sell the home for enough money to clear their debt and transaction fees. Lenders also have to protect themselves from fraud – straw buyers can turn around and sell the home back to the homeowner cheaply, for a favor or a fee.

Talk To Your Real Estate Professional Before you make an offer on a home that is advertised as a short sale, talk to your real estate professional: • Verify that the seller has provided required short sale documentation to the lender. • Verify that the seller’s lender has agreed to a short sale, and that it is not simply wishful thinking on the part of the seller. • Find out the amount remaining on the seller’s note. • Verify market value as well as pending market value, especially if it is lower. • Choose an offer price that is high enough to cover the note, but is still below market value. • Make your offer contingent upon the lender’s written acceptance of the short sale terms. Keep in mind that a short sale has risks and rewards. Yes, you may get a home for less, but you’ll have to work harder for it to close.

INFO

MAKING AN OFFER Before you submit an offer, have your agent pull up the most recent sold comparables (CMA) within a reasonable radius of the home, so you can compare the home fairly in terms of location, size, features, and amenities. Next, ask your agent about market conditions, so you can choose a strategy.

Strategy In a buyer’s market, discounts are common because there are fewer buyers, more properties for sale, and home prices are soft or falling. In a seller’s market, homes sell quickly for full price or higher because there are plenty of buyers and few homes for sale. Whether you are in a buyer’s market or a seller’s market, your goal is to buy the home at a fair price. If you were the seller, what is the lowest possible price you’d accept?

Risk Low-balling the seller is risky. If the seller feels insulted by your offer, you’ve lost the opportunity to negotiate. On the other hand, some sellers are simply unrealistic about their home’s value. Maybe your offer will be their wake-up call. If the seller’s home is offered at a reasonable price, pay asking price or close to it. A home priced to sell will sell quickly. Is there a way to sweeten your offer with a quick closing or an all-cash sale? To show the seller you’re serious, include a copy of your lender’s pre-approval letter, along with a cover letter summarizing your strengths as a buyer in terms of creditworthiness, flexibility in closing, and why you love this home. Include a copy of your comparables to show why you feel your offer is a fair price for the property. If your offer is conditional, such as your need to sell another home before closing on the seller’s, you’ll have to find a way to sweeten the deal, such as a full-price offer. Few sellers would accept a discount and a contingency at the same time.

Reward Your real estate professional will help you draft the offer with a price, estimated closing date, and terms, including earnest money (a guarantee that you’ll perform as a buyer in good faith), final approval by your lender, and your right to have an inspection. Once your offer is negotiated and accepted, your earnest money will be sent to the escrow agent's office. Now the inspections occur, and this is where the contract negotiations can break down. During the inspection process, the inspector will tell you about the condition of appliances, heat and cooling systems, roofs, electrical and plumbing systems, etc, and if your future home is up to current city codes. You should only renegotiate a repair when it wasn’t obvious before, or when a system is unsafe or not functioning. Once the seller has agreed, your offer is now a binding contract, and you’ll proceed to closing.

INTRO

CONTACT ME Scott McIntosh Coldwell Banker

CalBRE# 01759826 Mobile

310-500-6107

E-mail

scott@scott-mcintosh.com

Web

www.scott-mcintosh.com

Blog

www.thewestwoodblog.com

Address

11661 San Vicente Blvd. 10th Floor, LA CA 90049

Facebook http://www.facebook.com/agentscott Twitter

https://twitter.com/#!/theagentscott

http://www.linkedin.com/in/agentscott

Office

310-979-3942

Download this report (PDF)

What's Up With The Bar Code? This QR code makes it easy for you to download this report to your smart phone. 1. Make sure your phone can scan a QR code with its camera. If you don't already have one, you can try http://cloudcma.com/qr on your phone's browser to download an app, or do a Google search for the model of your phone along with the term "QR reader". 2. Now use that app to scan the QR code above.