Property Concierge

522 W. Ave 46 , Los Angeles, CA 90065 – Artsy Mt. Home atop Mt. Washington

Posted on October 30th, 2009 by Deena Willis

This home has been described as a stylish tree house. It peeks though the trees and blends into it’s surroundings with its rustic wood and stucco facade. It was a 4 bed 2 bath at one time but has been opened up to be a 3/2. It is currently used as a 2 bed, 2bath in its current flex space configuration.

The home interior is studio white with blonde floors, wood and bamboo, throughout. The kitchen and bathrooms have been updated with granite and tile. Much light flows through the ample windows and skylights.

This home just listed on October 26th and will be held open on November 1st from 1-4pm. Agents can view on lockbox after November 2nd but must call to set an appt. Call Deena Willis 626-432-4615.

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Feel the Energy and Live in Old Town Pasadena

Posted on September 12th, 2009 by Doug Willis

Shops, restaurants, night life, coffee and book stores, Imagine being able to enjoy it all and live only blocks away. Just listed for sale is this 1 bedroom / 1 bath unit located at 159 W Green Street in the Pasadena Place condominium’s.

Offering more than 1000 square feet, the living room / media room has a wall mounted flat screen television complete with surround sound speakers. The wood floors have been customized with dark bamboo giving it a very rich ambiance. Custom window treatments add warm accents to the spacious interior. You will enjoy the luxury associated with the master suite with its dual closets and tiled relaxing bath.

This unit is only one of a few that offers an outdoor patio. Step out of your living / media room onto the balcony and enjoy the mountain views. This will become the gathering place for the annual parade and fireworks displays as your view is front and center.

Many Attractions Are A Short Walk Away

This unit is offered at $479,000. Call 626-432-4615 for an appointment to view today.

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South Pasadena 3/3 Condo Just Listed

Posted on July 20th, 2009 by Doug Willis

Just in time for the summer selling season this spacious South Pasadena condo style townhome is currently listed for sale at $515,000.

Located at 230 Monterey Rd., it features 3 bedrooms and 3 baths with a total of 1373 square feet per assessor. This two story home offers a tiled entry, open living room with fully mirrored wall, fireplace and wet bar. The kitchen is very bright with a garden window, tiled counters and bar service or sitting area adjacent to the dining room.

Upstairs the master bedroom has two closets and a private bath. The other two upstairs bedrooms share a central bath. All baths feature tiled floors.

The unit is accented with decorative plantation shutters and carpet throughout. A laundry area is located inside and is designed for stackable appliances. The unit comes compete with an appliance package including refrigerator, washer/dryer and microwave.

This 14 unit complex is gated and offers two underground parking spaces. The Homeowner Association fees are $310 per month and include trash and water.

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Pasadena Homes Under $400,000

Posted on May 22nd, 2009 by Doug Willis

If this is the weekend you have finally made the decision to begin your home search you should find a good supply of homes in which to preview. After all, it is the weekend of the Indianapolis 500 and what better analogy than to “Start Your (home search) Engine.

I think you would probably have to go back as far as 2003 or 2004 to find this many homes available for sale priced under $400,000. Consider the other factors in your favor that make this the most opportune time in the last few years to go house hunting:

1. Favorable Interest Rates – rates on 30 year fixed money loans are fantastic. Want to get your rate even lower, consider buying down the rate by paying 1 to 2 points. This might make sense if you plan to stay in your house at least 5 years.
2. First Time Buyer Tax Credit – if this is your first home you will probably qualify for the $8000 federal tax credit. What could be better than a gift from Uncle Sam? You could look at applying the tax credit to the mortgage buy down or point reduction above, giving you the advantage of lower monthly payments.

Is Now the Time to Buy?

That’s a decision you and only you can make. Some people think the market will continue to decline resulting in lower prices. Consider your long term goals. If you plan to sell in the next two years, then who knows. But if you plan to live in the house for the next several years then now could be the time. You should speak with a tax professional and allow them to run a couple of scenarios for you. Look at the cost of renting and then the cost of buying along with the tax implications. Many times it can be a simple math problem, and the answer lies within the tea leaves.

When I performed the search for Pasadena homes priced under $400,000, there were 60+ homes that popped up on my list meeting the pricing criteria.

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Pasadena Residential Real Estate Report for April

Posted on May 20th, 2009 by Doug Willis

The month of April has historically been the kickoff of the spring selling season. Home sales, usually dormant during the first couple of months of the year begin to gain momentum before finally beginning to slow down as we head into fall. The $64,000 question this year will be “Has stability and predictability returned to the Pasdena real estate market or are we in for another year of low volume and declining prices”?

Most of the key housing indicators are pointing to less volatility. Looking at the amount of inventory, the monthly sales, median prices and the number of homes going into escrow, consumers are expressing confidence that the housing market is on its way back. Maybe the bigger question is what actually constitutes “normal”. In the last 8 years we went from 0 to 120 and back to 0. We went from bull to bear with no in between. Apparently we are on the entrance ramp attempting to get back into the flow of traffic.

Home sales for the month of April were right at 100 units. I think if this volume could be maintained then you will see the housing market recover, and we might even see volume of 120 units around the June – August time period.

Interest rates which are currently around 5% will be the key to housing market salvation. If they begin to increase all bets are off. Once rates begin to rise, homebuyers head for the sidelines and take a “wait and see” approach.

The housing statistics are recapped in the slideshow below. Sometimes housing data can be pretty dry, so I have tried to jazz it up and make it more interesting. There is a small icon in the lower right hand corner that will allow you to increase the size of the presentation.

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