BUYER TOUR PREPARED FOR Westwood Condos Open House Sunday June 28th, 2015 JUNE 28, 2015 Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] | www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 | Office: 310-979-3942
This buyer tour booklet lists all the condos open in Westwood on Sunday June 28th, 2015.
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Cloud CMA
BUYER TOUR
PREPARED FOR
Westwood Condos Open House SundayJune 28th, 2015
JUNE 28, 2015
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
THE HOMEBUYING PROCESSFollow These StepsGet prequalified - Your lender will look at your income, credit scores, revolving debts, obligations such aschild support as well as the type of loan you choose. Other factors that impact how much home you can buyis the down payment; smaller down payments mean higher monthly payments. Last, the interest rate andterms (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 offermore 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 wantto live and familiar with the type of home you want to buy. Your agent has house-by-house experience inyour 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. Whichhome best suits the activities and needs of your household now and in the years ahead? Don’t buy morethan 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 lowoffer. Ask your real estate professional for advice.
Get an inspection - A home inspection is a professional third-party opinion of the home’s condition. Theinspector will point out the age of systems, and large and small repairs that are needed, so you’ll know whatyou’re facing as the next owner.
Get an appraisal - The bank appraisal determines market value. If the home doesn’t appraise for thepurchase 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 escrowoffice. This could be a title company, real estate attorney, or whatever is customary in your area. Allpaperwork is signed by both parties. The lender pays the seller, minus any liens against the home such asthe 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
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$1,775,0001835 Pandora Avenue #103, Los Angeles
Courtesy of Keller Williams Realty - StudListing information
MLS#: SR15129612CN Beds: 3 Sq Ft: 3,980 List Date: 6/15/15
Status: Active Baths: 3/1 Year Built: 2005 DOM: 13
Features
Interior: Open Floor Plan Kitchen: Open to Family Room Floors: Carpet, Hardwood, TravertineCooling: Central Heating: Central View: None Pool: None Patio: Patio Open Water: Public,Water District Lot description: Street Lighting, Street Paved, Sidewalks Cross streets: SantaMonica, Beverly Glen Number of units: 10 Lotsize: 15461 Acres: 0.36
Remarks
Rare,stunning and very spacious condo in prime Century City/Westwood area. 10- unit complex built in2005. Centrally located just minutes from Century City Mall, on quiet tree lined street. Just under 4000 sfof living space (per assessor) including 3 bedrooms all with gorgeous balconies and ensuite bathroomsplus a half bath downstairs. Large, secluded back patio. 2 car side by side garage parking and a largestorage unit. Custom moldings & coffered ceilings, with dramatic 20ft ceiling in living room, 2 fireplaces,hardwood and stone floors throughout. 2 air conditioning units, upstairs laundry room w/ space for sideby side washer/dryer. Master bath has double sinks, large marble shower, and an oversized, jetted tubLovely formal dining room and large family room w/ french doors leading topatio. Oversized, beautifulmaster suite offers custom built walk-in closet & 2 other deep cus...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$1,295,00010575 ASHTON AVE, Unit 202, Los Angeles
Courtesy of Keller Williams-Santa MonicaListing information
MLS#: 15-901171 Beds: 3 Sq Ft: 2,025 List Date: 5/1/15
Status: Active Baths: 3/0 Year Built: 1992 DOM: 58
Features
Floors: Carpet, Tile Stories: 4 Cooling: Central Heating: Central View: Tree Top Zoning: LAR3Pool: None Number of units: 11 Lotsize: 13793
Remarks
Stunning 2nd floor unit with Grand foyer entrance opens to spacious living room with fireplace. Over2,000 Sq. Ft., 3 Bd / 3 Ba + Office / Den. recessed lighting , crown moldings, gourmet kitchen andbreakfast area. Separate dinning area. Spacious Master bedroom & Bath. walk in closet. 3 Balconies.Security cameras & secured entrance. 4 car Subterranean tandem parking.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$1,149,0001911 MANNING AVE, Unit 4, Los Angeles
Courtesy of Metropolitan Realty Group Inc.Listing information
MLS#: 15-902849 Beds: 4 Sq Ft: 2,337 List Date: 5/6/15
Status: Active Baths: 3/1 Year Built: 1997 DOM: 53
Features
Interior: Built-Ins, Crown Moldings, High Ceilings (9 Feet+), Living Room Balcony, Mirrored ClosetDoor(s), Open Floor Plan, Pre-wired for surround sound, Recessed Lighting, Turnkey Floors: WoodStories: 0 Cooling: Central Heating: Central View: City, City Lights Zoning: LARD1.5 Pool:None Number of units: 4 Lotsize: 6752
Remarks
REDUCED!!! Stunning 4 bedrooms, 3 1/2 bath Westwood town house- style 3 story unit. Step in to themaster bedroom featuring : high ceiling, double sliding closet space, fireplace and balcony. His and hersink, granite and separate shower and tub in the master bathroom, 2 other bedrooms and bathroom onthe top floor. Living space includes an open floor plan living room, dining room, kitchen with granitecounter-tops, elegant white cabinetry including seating area. The 4th bedroom with a private patio andbathroom down stairs. Contemporary recessed lighting , dark bamboo floors, crown and base moldingthrough out the unit, Pre-wired home theater sound system, French door and windows, custom madeItalian drapes! Central A/C, washer and dryer inside the unit. secured, gated and private 2 car garagewith direct entrance.This luxurious space is in a 4 unit building just walking distance to ...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$1,100,0001807 S Beverly Glen BLVD, Unit 403, Los Angeles
Courtesy of Sotheby's International RealtyListing information
MLS#: 15-915099 Beds: 2 Sq Ft: 1,582 List Date: 6/16/15
Status: Active Baths: 2/1 Year Built: DOM: 12
Features
Floors: Ceramic Tile, Wood Stories: 1 Cooling: Central Heating: Central View: City Lights, WalkStreet Pool: None Number of units: 14
Remarks
Final Release, Now Only 2 Units Available! Legendary Century City, a new standard for modern living inthe center of it all. This limited collection of contemporary residences is thoughtfully crafted and uniquelydesigned. Perfectly placed between Westwood and Beverly Hills, and just steps from all the best CenturyCity has to offer, LCC is a boutique living experience never before offered in this location. The clean,contemporary façade creates a beautiful first impression, while amenities like a full service gym, androoftop outdoor kitchen and gardens allow residents to make the most of their time, and entertain instyle. Inside the homes, smart design and luxurious details abound. Gourmet kitchens feature Silestonesurfaces, European cabinetry and deluxe, Bosch appliances open to large entertaining spaces. Extralarge walk-in closets and deluxe master baths feature separate shower...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$1,099,0002045 S BENTLEY AVE, Unit PH2, Los Angeles
Courtesy of Keller Williams-Santa MonicaListing information
MLS#: 15-911853 Beds: 3 Sq Ft: 1,950 List Date: 6/4/15
Status: Active Baths: 2/1 Year Built: 2007 DOM: 24
Features
Floors: Hardwood, Mixed Stories: 0 Cooling: Air Conditioning Heating: Central View: Trees/Woods Zoning: LAR3 Pool: None Number of units: 6 Lotsize: 0
Remarks
LIVE IN STUNNING, 1950 SF , BRIGHT AND VERY WELL DESIGNED CONTEMPORARYTOWNHOME! ON FIRST FLOOR YOU WILL FIND ,LIVING ROOM, DINING AND KITCHEN AND THEBEDROOMS ARE ON THE LOWER FLOOR. THIS MAGNIFICENT TOWNHOUSE IS IDEALLYSITUATED IN A VERY CENTRAL LOCATION , CLOSE TO BEVERLY HILLS AND SANTA MONICA. ,BUILT IN 2007 , WITH 3 BEDROOMS AND 3 BATHS , AND WAS DESIGNED WITHCONTEMPORARY FINISHES, INCLUDING STAINLESS STEEL APPLIANCES , QUARTZ SLABCOUNTERS, CUSTOM CABINETS, TILE FLOORS AND BACKSPLASH . THE LIVING ROOMFEATURES A FIREPLACE ,RECESS LIGHTINGS AND OUTDOOR BALCONY . MASTER BEDROOMWITH CUSTOM WALK - IN CLOSET AND MASTER BATHROOM HAS SEPARATE SHOWER ANDTUB AND DUAL SINK. THIS UNIT HAS 2 PARKING SPACES (SIDE BY SIDE ) AND 2 GUESTPARKINGS.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$1,095,00010550 WILSHIRE BLVD, Unit 403, Los Angeles
Courtesy of Nelson Shelton & AssociatesListing information
MLS#: 15-893005 Beds: 2 Sq Ft: 1,711 List Date: 4/3/15
Status: Active Baths: 2/0 Year Built: 1981 DOM: 86
Features
Exterior: Brick Floors: Carpet, Hardwood, Marble Stories: 0 Cooling: Gas Heating: Central View:Tree Top Zoning: LAR5 Pool: None Number of units: 50 Lotsize: 18524
Remarks
Stunning corner single-level, light and bright luxurious designer-perfect home in the Wilshire Thayer. Nodetail has been spared in this completely gorgeous remodel by Camthy Nguyen. The moment you enterthe entry has light marble tiles as you step into this open concept living room, dining and customporcelain eat-in breakfast bar. Beautiful custom stained light gray hardwood floors throughout. Thekitchen has Ceasar stone countertops and the highest quality stainless steel appliances and customcabinets. Both bedrooms have double-paned windows. The large master suite has a built-in desk andtwo custom walk-in closets. The incredible master bath has double sinks, large soaking tub, vanity area,and a sumptuous large shower. A complete list of improvements are available upon request. This is achic and sophisticated home for your most discerning of clients.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$1,075,0001807 S Beverly Glen BLVD, Unit 302, Los Angeles
Courtesy of Sotheby's International RealtyListing information
MLS#: 15-892009 Beds: 2 Sq Ft: 1,585 List Date: 4/2/15
Status: Active Baths: 2/1 Year Built: 2012 DOM: 87
Features
Floors: Ceramic Tile, Wood Stories: 1 Cooling: Central Heating: Central View: City Lights Pool:None Number of units: 14
Remarks
Final Release, Now Only 3 Units Available! Legendary Century City, a new standard for modern living inthe center of it all. This limited collection of contemporary residences is thoughtfully crafted and uniquelydesigned. Perfectly placed between Westwood and Beverly Hills, and just steps from all the best CenturyCity has to offer, LCC is a boutique living experience never before offered in this location. The clean,contemporary façade creates a beautiful first impression, while amenities like a full service gym, androoftop outdoor kitchen and gardens allow residents to make the most of their time, and entertain instyle. Inside the homes, smart design and luxurious details abound. Gourmet kitchens feature Silestonesurfaces, European cabinetry and deluxe, Bosch appliances open to large entertaining spaces. Extralarge walk-in closets and deluxe master baths feature separate s...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$950,00010820 HOLMAN AVE, Unit 101, Los Angeles
Courtesy of Partners Trust BrentwoodListing information
MLS#: 15-903009 Beds: 2 Sq Ft: 1,439 List Date: 5/6/15
Status: Active Baths: 2/0 Year Built: 1982 DOM: 53
Features
Floors: Hardwood Stories: 0 Cooling: Central Heating: Central View: Green Belt Zoning:LARD1.5 Pool: None Number of units: 15 Lotsize: 13833
Remarks
Fabulous Designer Done Westwood Condo! This beautiful 2 bed/2 bath condo has been extensivelyremodeled from top to bottom w the finest of materials and finishes w no expense being spared. Thegourmet cooks kitchen has Carrera marble counters, stainless steel appliances, bar, tv & wine fridge.There is ample closet space throughout, laundry room in unit, & the whole unit is wired for surroundsound. Rich dark hardwood floors throughout this open floor plan make this the perfect place to entertain& call home. Hurry this will not last!
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$949,0001639 SELBY AVE, Unit E, Los Angeles
Courtesy of Coldwell Banker Residential BrokerageListing information
MLS#: 15-917565 Beds: 3 Sq Ft: 1,742 List Date: 6/26/15
Status: Active Baths: 2/1 Year Built: 1981 DOM: 2
Features
Floors: Hardwood Stories: 2 Cooling: Central Heating: Central View: City Lights, Tree TopZoning: LARD1.5 Pool: None Number of units: 5 Lotsize: 5810
Remarks
Beautiful, remodeled spacious front facing 2 story unit with 3 bedrooms & 2 1/2 baths, high ceilings &custom built-ins throughout. Streaming wit light with east & southwest exposures. Hardwood floorsthroughout. Large kitchen with stainless appliances and granite counters. Formal dining room. Hugeinviting master suite w/fireplace & remodeled master bath. Good size secondary bedrooms. Greatstorage. Laundry in unit. SxS parking & more! Great location - close to shops, restaurants & movies!
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$888,0002170 Century Park East, Unit 1702, Los Angeles
Courtesy of The BLVD GroupListing information
MLS#: 15-913399 Beds: 2 Sq Ft: 1,070 List Date: 6/11/15
Status: Active Baths: 2/0 Year Built: 1966 DOM: 17
Features
Floors: Hardwood Stories: 0 Assoc amenities: Concierge, Earthquake Insurance, Insurance Paid,Sewer Paid, Trash Paid Cooling: Air Conditioning Heating: Central View: Canyon, City, City Lights,Green Belt, Mountains, Panoramic, Pool, Valley Zoning: LAR4 Pool: Association Pool Number ofunits: 480 Lotsize: 223190
Remarks
Quietly nestled in the South East corner of the South Tower this 17th floor unit has everything you wouldwant. As you walk into your new unit, you enjoy sweeping panoramic views of the Los AngelesMountains to Downtown Los Angeles. Not only can you own something on arguably the best floor in thebuilding but the unit also boasts HIGH CEILINGS, New Plumbing, New Bathrooms, New Real HardwoodFlooring, A Fully Renovated kitchen, two large balconies, and much much more. A "Must-See" Propertyin what is quickly becoming a "Must-Have building". With over $3 Billion Dollars of investment cominginto Century City, this is a can't lose play. This is a full service building with incredibly low HOA fees forall that you get. (24 hour security, Valet, Tennis Courts, Olympic sized Pool, full gym)
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$849,00010550 WILSHIRE BLVD, Unit 803, Los Angeles
Courtesy of Coldwell Banker Residential BrokerageListing information
MLS#: 15-917901 Beds: 2 Sq Ft: 1,711 List Date: 6/25/15
Status: Active Baths: 2/0 Year Built: 1981 DOM: 3
Features
Exterior: Brick Interior: Crown Moldings, Living Room Balcony Floors: Tile, Wood Stories: 13Assoc amenities: Trash Paid, Water and Sewer Paid Cooling: Air Conditioning Heating: CentralView: City, Peek-A-Boo Zoning: LAR5 Pool: None Number of units: 50 Lotsize: 18524
Remarks
Enjoy beautiful city & mountain views from this meticulously remodeled & barely lived in North-facingcorner property. Sophisticated, chic, & fabulously updated with a level of quality the most discerningbuyer will appreciate. The formal entry leads into a wonderfully open & bright living/dining space perfectfor entertaining with marble fireplace, two walls of glass sliders & balconies. Brand new chef's kitchenfeatures top of the line Viking stainless steel appliances, marble countertops, & a built-in breakfastbanquette. Rich dark hardwood floors throughout create an elegant look beautifully balanced by theabundance of natural light. Spacious Master Suite features sitting/desk area & a large walk-in closet plusluxury bath complete with oversized spa tub plus separate shower. Second Bedroom also includes newlyredone luxury bath. This full service building is reminiscent of the U...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$839,00010640 WILKINS AVE, Unit 103, Los Angeles
Courtesy of Teles Properties, Inc.Listing information
MLS#: 15-904231 Beds: 2 Sq Ft: 1,830 List Date: 5/15/15
Status: Active Baths: 2/1 Year Built: 1982 DOM: 44
Features
Interior: Built-Ins Kitchen: Gourmet Kitchen, Granite Counters, Remodeled Floors: Carpet,Travertine, Wood Roof: Composition Stories: 0 Mello Roos: No Cooling: Other Heating: ForcedAir View: Green Belt Zoning: LAR3 Pool: Community Lot description: Sidewalks, Street PavedCross streets: Westholm and Wilkins Number of units: 12 Lotsize: 13016
Remarks
Approximately 1,830 Sq. Ft. 2 BD 2.5 BA beautiful condo in a 12 unit quality bldg. with pool on a quiettree-lined St that gets no thru-traffic. Double entry doors lead to an X-large foyer that connects to aspacious living room with fireplace and private balcony Large formal dining room with separate balconyChef's gourmet kitchen with granite and stainless appliances plus separate sun filled breakfast roomHuge master suite with fireplace, walk-in closets plus a walk-in sauna. Master bath has spa- tub andseparate shower travertine floors and counters. Extra storage closet in garage. Wood and Travertinefloors Custom window treatments
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$818,88810633 HOLMAN AVE, Unit 2, Los Angeles
Courtesy of Pro Com RealtyListing information
MLS#: 15-902703 Beds: 2 Sq Ft: 1,696 List Date: 5/5/15
Status: Active Baths: 3/0 Year Built: 1979 DOM: 54
Features
Floors: Carpet, Hardwood Stories: 0 Cooling: Central Heating: Central View: Trees/WoodsZoning: LAR3 Pool: None Number of units: 5 Lotsize: 6421
Remarks
Architecturally influenced wonderful town-home in Westwood. Quite and nice neighborhood 5 unit in thiscomplex.Two story 2bedrooms 2.5 bathrooms and loft with patio.New carpet fresh new paint. Masterbedroom with huge walk in closet and own bathroom,second bedroom,another full size bathroom,laundryrooms are first entry level.Second floor has east facing living room gives an open,airy, bright and highpitched ceilings,hardwood floor and updated kitchen,specious dining area,wood burning fireplace.3rd.floor has powder room, loft-office space or could be 3rd .bedroom with patio.2car side by sideparking with storage.Award winning Fair burn school district ,close to century city shopping center andUCLA.HOA include E/Q ins.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$795,0001509 GREENFIELD AVE, Unit 204, Los Angeles
Courtesy of Partners Trust Beverly HillsListing information
MLS#: 15-916753 Beds: 2 Sq Ft: 1,698 List Date: 6/25/15
Status: Active Baths: 2/0 Year Built: 1973 DOM: 3
Features
Floors: Carpet, Hardwood Stories: 1 Cooling: Air Conditioning, Central Heating: Central View:None Zoning: LAR3 Pool: Association Pool Number of units: 27 Lotsize: 26915
Remarks
Located in the heart of Westwood this beautiful condo is move-in ready. The private unit is large andbright and it's rear location provides a secure and quiet environment. With almost 1700 sq. ft thecontemporary unit features a double-door entry area, updated kitchen and separate breakfast room. Thelarge dining area opens to a spacious living room with fireplace and custom shutters that frame thebalcony overlooking the sparkling pool. The bright Master suite includes duel walk-in closets withremodeled bath while the second bedroom is large and has the versatility to double as a den or office.The unit comes loaded with amenities including gleaming hardwood floors and warm wall-to-wallcarpeting, central-air/heat, appliances, inside laundry with service entrance, tons of closets, 2 parkingspaces and extra storage. Close to parks, restaurants, Westwood Village and UCLA. Westwood s...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$789,00010650 HOLMAN AVE, Unit 307, Los Angeles
Courtesy of Real Estate eBroker Inc.Listing information
MLS#: 15-914725 Beds: 2 Sq Ft: 1,411 List Date: 6/19/15
Status: Active Baths: 2/0 Year Built: 1974 DOM: 9
Features
Exterior: Brick Floors: Carpet, Laminate, Tile Stories: 0 Assoc amenities: Building and GroundsCooling: Central Heating: Central View: Courtyard Zoning: LAR3 Pool: Community Number ofunits: 36 Lotsize: 37194
Remarks
A contemporary bright 2+2 top floor condo located in prime westwood location north of Santa MonicaBlvd. Newly remodeled with brand new granite kitchen, stainless steel appliances, recessed lightingthroughout, high ceilings, spacious living & formal dining, oversized master w/ double vanities andspacious professional custom made his & her closets, large private balcony overlooking the pool & in-unit laundry. Secured & gated building, side by side parking, extra storage & grassy resort setting withpool & spa.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$779,0001740 MALCOLM AVE, Unit 103, Los Angeles
Courtesy of Coldwell Banker Residential BrokerageListing information
MLS#: 15-903493 Beds: 2 Sq Ft: 1,699 List Date: 5/8/15
Status: Active Baths: 2/1 Year Built: 1984 DOM: 51
Features
Floors: Carpet, Hardwood, Tile Stories: 0 Cooling: Central Heating: Central View: None Zoning:LARD1.5 Pool: None Patio: Balcony Number of units: 20 Lotsize: 14812
Remarks
Pristine and bright unit located on a quiet street central to Westwood and Century City, this nearly 1700square ft., 2 BR/2.5 BA unit has an abundance of attractive features. The kitchen offers plenty of cabinetspace, granite counter tops, new appliances and breakfast bar that overlooks the living room with a cozyfireplace and stately wet bar. The living room flows seamlessly into the dining room, ideal forentertaining. There is also an outdoor patio accessible from the master suite and living room. The mastersuite has an enormous walk in closet and a recently remodeled master bath. The second BR is on theother side of the living area so it's quite private as well as spacious. It features a floor to ceiling built indesk and bookshelf as well as its own outdoor patio. The washer/dryer are in an enclosed area so thelaundry isn't seen or heard. With 2 gated parking spaces and lo...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$769,00010982 ROEBLING AVE, Unit 103, Los Angeles
Courtesy of John Aaroe GroupListing information
MLS#: 15-911301 Beds: 3 Sq Ft: 1,420 List Date: 6/3/15
Status: Active Baths: 2/1 Year Built: 1973 DOM: 25
Features
Floors: Carpet, Mixed, Tile Stories: 0 Cooling: Central Heating: Central View: Trees/WoodsZoning: LAR4 Pool: Association Pool Number of units: 213 Lotsize: 79716
Remarks
Investor's Opportunity! 3 bedroom loft-style townhome in the heart of Westwood! Minutes from UCLA,restaurants, cinemas and more. Unit features granite counters, Italian travertine, stainless steelappliances, lots of closet space and 3 parking spaces side by side! In addition, the building offersamazing amenities such as fitness center, indoor basketball half court, bike storage, hip lounge boasting2 pool tables, bar seating and poker table.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$768,00011060 LA GRANGE AVE, Los Angeles
Courtesy of Coldwell Banker Residential BrokerageListing information
MLS#: 15-911693 Beds: 2 Sq Ft: 2,015 List Date: 6/4/15
Status: Active Baths: 2/1 Year Built: 1980 DOM: 24
Features
Floors: Carpet, Hardwood Roof: Common Roof, Composition Stories: 0 Assoc amenities: Buildingand Grounds, Earthquake Insurance Cooling: Air Conditioning Heating: Central View: City Zoning:LAR3 Pool: None Number of units: 4 Lotsize: 5662
Remarks
Just remodeled Westwood townhouse with brand new eat-in designer kitchen and bathrooms. New oakhardwood flooring on main floor, including entry, powder room, kitchen, large living room w/fpl and diningroom area w/adjacent trellis enclosed balcony. Unit features new paint, recessed lighting, crownmoldings, plantation shutters and beautiful upgrades. Master suite has a walk-in closet, lovely masterbath with dual sinks, vaulted ceiling and a loft that opens to a private rooftop deck. Second bedroom hasfull bah, dressing area and another private balcony. Great location convenient to shopping, restaurants,Century City and the Westside. Seller selects services.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$749,0001277 S BEVERLY GLEN, Unit 306, Los Angeles
Courtesy of Partners Trust Beverly HillsListing information
MLS#: 15-917085 Beds: 2 Sq Ft: 1,679 List Date: 6/25/15
Status: Active Baths: 2/0 Year Built: 1974 DOM: 3
Features
Floors: Ceramic Tile Stories: 1 Cooling: Air Conditioning Heating: Central View: City Lights, TreeTop Zoning: LAR3 Pool: Association Pool Assessments: Wilshire Lencrest Number of units: 32Lotsize: 27456
Remarks
1277 S. Beverly Glen Blvd #306 is a light filled, spacious condo featuring 2 bedrooms and 2 baths. It islocated in a prime and central Westwood location. This quiet, rear facing unit boasts an open floor planswhich is great for entertaining. South-West exposure provides natural light shining throughout most ofthe day. The master bedroom features a large walk-in closet and a private bathroom. Common amenitiesinclude rec-room, dry sauna, spa and pool.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$739,0001872 MIDVALE AVE, Unit 205, Los Angeles
Courtesy of Coldwell Banker Residential BrokerageListing information
MLS#: 15-895469 Beds: 2 Sq Ft: 1,563 List Date: 4/16/15
Status: Active Baths: 2/0 Year Built: 1991 DOM: 73
Features
Floors: Hardwood, Stone Stories: 0 Cooling: Central Heating: Central View: City Lights, HillsZoning: LAR3 Pool: Heated, Indoor Number of units: 24 Lotsize: 19391
Remarks
CHIC AND CONTEMPORARY ENTERTAINER'S DREAM CONDO IN A PRIME WESTWOODLOCATION! CORNER UNIT WITH BRIGHT DIRECT SUNLIGHT WITH EAST AND NORTHWEST SUNEXPOSURES. OFFERING A MODERN YET WARM & INVITING INTERIOR W/ A FORMAL MARBLEENTRYWAY THAT OPENS ONTO A BROAD OPEN FLOOR PLAN LIVING & DINING ROOM W/ AWET BAR & ROMANTIC FIREPLACE & HANDSOME HARDWOOD FLOORING THROUGHOUT.SPACIOUS DUAL ENTRY KITCHEN FEAT. RECESSED CEILING, STAINLESS STEEL APPLIANCES,WOODEN CABINETRY TILE FLOORS & COUNTERTOP. LIGHT & BRIGHT MASTER BEDROOMSUITE W/ WALK-IN CLOSET, OVAL BATHTUB, SEPARATE SHOWER AND DUAL SINKS. 2NDBEDROOM ULTRA BRIGHT W/ SLIDING DOORS TO LARGE BALCONY AND LUX BATHROOM WITHBATHTUB. SEPARATE LAUNDRY ROOM! ROOFTOP HOT TUB W/ MAGNIFICENT VIEWS OF THECITY AND THE HOLLYWOOD SIGN AND A COZY LARGE INDOOR POOL! BUILDING HAS 6 GUESTSIDE BY SIDE PARKING SPACES. WESTWOOD CHARTER SCHOOL!
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$720,0001717 MALCOLM AVE, Unit 302, Los Angeles
Courtesy of Teles Properties, Inc.Listing information
MLS#: 15-913623 Beds: 3 Sq Ft: 1,219 List Date: 6/17/15
Status: Active Baths: 3/0 Year Built: 1988 DOM: 11
Features
Floors: Tile Stories: 1 Cooling: Central Heating: Central View: Other Zoning: LARD1.5 Pool:None Number of units: 8 Lotsize: 6633
Remarks
Rare 3Bed-3Bath gem in Westwood, north of Santa Monica Blvd! Completely remodeled in 2008, thisclean, contemporary unit boasts an open floor plan with high ceilings, 3 fireplaces, stone kitchencountertops and SS appliances. The 2 larger Bedrooms include private balconies and walk-in-closets.With recessed lighting, tiled flooring throughout, in-unit laundry, secured access and low HOAs, thisproperty offers it all at the lowest price for a 3BR in the area! Near Sprouts/ restaurants/ shopping/ UCLA& the Century City Mall. Don't miss this great opportunity!
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$659,00010626 HOLMAN AVE, Unit 2B, Los Angeles
Courtesy of Coldwell Banker Residential BrokerageListing information
MLS#: 15-917869 Beds: 2 Sq Ft: 1,374 List Date: 6/25/15
Status: Active Baths: 2/0 Year Built: 1984 DOM: 3
Features
Floors: Mixed Stories: 0 Cooling: Central Heating: Central View: Other Zoning: LAR3 Pool:None Number of units: 6 Lotsize: 6516
Remarks
Great opportunity to own in prime Westwood in this 2 bedroom / 2 bath unit with private balcony. Greatlayout for entertainment with open flow: living area with fireplace and wet bar, dining area and kitchenisland access. Master bedroom offers large walk-in closet, and master bath with double sinks. Laundryinside with 2 secured parking spaces, and extra storage.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$649,0001887 GREENFIELD AVE, Unit 312, Los Angeles
Courtesy of RE/MAX ESTATE PROPERTIESListing information
MLS#: 15-901763 Beds: 2 Sq Ft: 1,366 List Date: 5/7/15
Status: Active Baths: 2/0 Year Built: 1974 DOM: 52
Features
Floors: Carpet, Hardwood, Marble Stories: 3 Cooling: Air Conditioning, Central Heating: Central,Forced Air View: Courtyard, Tree Top Zoning: LAR3 Pool: Association Pool Lot description: BackYard Number of units: 30 Lotsize: 33018
Remarks
Fabulous light & bright top floor condo in a premium Westwood location. Formal marble floor entry,newer hardwood floors & plantation shutters in Living & dining areas, Cathedral ceilings, fireplace, crossventilation. No common walls! Master w/large bath & huge walk-in closet. Open kitchen w/granitecounters & stackable washer/dryer. Cute covered balcony. Direct access to unit from staircase at street,or "no" stairs at all if coming from garage -2car side by side parking & storage. Pool & spa.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$639,00010551 WILSHIRE, Unit 303, Los Angeles
Courtesy of Keller Williams Rlty BrentwoodListing information
MLS#: 15-826983 Beds: 2 Sq Ft: 1,505 List Date: 2/5/15
Status: Active Baths: 2/1 Year Built: 1982 DOM: 143
Features
Floors: Carpet, Ceramic Tile, Wood Stories: 0 Cooling: Central Heating: Central View: PoolZoning: LAR5 Pool: Association Pool Number of units: 75 Lotsize: 26401
Remarks
MOTIVATED SELLER!! Put your offers in! Lowest price per sq. ft in the entire building!! 2 Bed/2.5 Bath inthe newly redone Regency Wilshire. The unit is very quiet and private overlooking the pool with lushgreenery, making it a serene and relaxing environment. THE SEAMLESS FLOW from the kitchen intothe dining room and living room showcases the open floor plan for a comfortable and easy lifestyle. Verylarge bright and airy master bedroom suite. Master bath features a whirlpool tub, separate shower anddouble sinks. Two walk in closets with built-ins. In unit laundry room has tons of storage.Full servicebuilding, 24 hour concierge and valet. Association includes water, trash, and earthquake insurance.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$635,0002219 S BENTLEY AVE, Unit 103, Los Angeles
Courtesy of Century 21 Beverlywood RealtyListing information
MLS#: 15-914639 Beds: 2 Sq Ft: 1,326 List Date: 6/13/15
Status: Active Baths: 2/0 Year Built: 1981 DOM: 15
Features
Interior: Sunken Living Room Kitchen: Counter Top Floors: Carpet, Ceramic Tile, HardwoodStories: 3 Assoc amenities: Insurance Paid, Trash Paid, Water and Sewer Paid Mello Roos: NoCooling: Air Conditioning Heating: Central View: None Zoning: LAR3 Pool: None Patio:Enclosed Assessments: $3, 900(TOTAL) Number of units: 14 Lotsize: 12997
Remarks
Beautiful 2 Bed 2 Bath condo in the much sought after Westwood area in a smaller 14 unit building.Hardwood & Carpet floors throughout unit. Step down Living room with fireplace. Large patio off livingroom with extra storage area. In-unit washer & dryer. Central heat & air. Fabulous location close torestaurants, mall, movies & transportation. HOD includes EQ insurance.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$629,0002170 CENTURY, Unit 605, Los Angeles
Courtesy of Keller Williams Rlty WestsideListing information
MLS#: 15-909713 Beds: 2 Sq Ft: 1,018 List Date: 5/28/15
Status: Active Baths: 2/0 Year Built: 1966 DOM: 31
Features
Floors: Ceramic Tile Stories: 0 Cooling: Central Heating: Central View: Green Belt Zoning:LAR4 Pool: Community Number of units: 480 Lotsize: 223190
Remarks
This is a magnificent corner unit. A recently remodeled state of the art stainless steel kitchen hasappliances such as a side by side refrigerator, conduction stove, and a built-in Miele coffee machine. Aconcierge service is offered by the Century Park East complex including 24 hour valet, doorman,business center, a gym with state of the art equipment overlooking an olympic sized heated pool,sundeck area and a tennis court all surrounded by professionally landscaped lawns and gardens thatinclude a new pet play area!
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$619,00010982 ROEBLING AVE, Unit 101, Los Angeles
Courtesy of John Aaroe GroupListing information
MLS#: 15-902225 Beds: 2 Sq Ft: 1,200 List Date: 5/4/15
Status: Active Baths: 1/1 Year Built: 1973 DOM: 55
Features
Floors: Carpet, Tile Stories: 0 Cooling: Air Conditioning, Central Heating: Central View: OtherZoning: LAR4 Pool: Association Pool Number of units: 213 Lotsize: 79716
Remarks
2 bedroom loft-style condo in the heart of Westwood! Minutes from UCLA, restaurants, cinemas andmore. Unit features granite counters, Italian travertine floors throughout the first floor, stainless steelappliances, lots of closet space, additional storage units included and 2 parking spaces side by side!Convenient direct access from the street leads you straight to home. In addition, the building offersamazing amenities such as fitness center, indoor basketball half court, bike storage, hip lounge boasting2 pool tables, bar seating and poker table.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$589,00010655 KINNARD AVE, Unit 305, Los Angeles
Courtesy of Teles Properties, Inc.Listing information
MLS#: 15-908655 Beds: 2 Sq Ft: 1,097 List Date: 5/29/15
Status: Active Baths: 2/0 Year Built: 1963 DOM: 30
Features
Floors: Carpet, Cement Roof: Composition Stories: 1 Mello Roos: No Cooling: Electric Heating:Radiant View: City Lights Zoning: LAR3 Pool: None Cross streets: Between Manning andWestholme Number of units: 14 Lotsize: 13000
Remarks
Top floor professionally done by creative designer Andy Zeff. Open floor plan with city views Light andbright living area leads to a balcony that runs the length of the unit, with city views and a Caesarstonecounter-top bar. Redone kitchen with Caesarstone counter tops and stainless appliances Custompolished cement floors in the living area. Separate utility room with washer and dryer hook-ups. Masterbedroom has both a walk-in and a wardrobe closet. Second bedroom features designer style built-insand is currently being used as a home office. Building replaced the roof in 2013 with assessment alreadypaid by seller.This 14 unit building has a roof deck with awesome unobstructed city views and is locatedon a beautiful and quiet tree-lined St. pocket with no thru-traffic.
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$499,00010747 Wilshire BLVD, Unit 703, Los Angeles
Courtesy of Rodeo Realty - Beverly HillsListing information
MLS#: 15-890555 Beds: 1 Sq Ft: 1,076 List Date: 3/29/15
Status: Active Baths: 2/0 Year Built: 1972 DOM: 91
Features
Floors: Carpet, Hardwood, Mixed Stories: 0 Cooling: Central Heating: Central View: MountainsZoning: LAR5 Pool: Community Number of units: 90 Lotsize: 17760
Remarks
Just reduced and priced to sell. 1 bed 2 bath + Den in the Wilshire Selby East with approx. 1,076SF.Property features, an open floor plan with white stained wood floors, recessed lighting with dimmers,granite kitchen, two balconies, plantation shutters, master bedroom with new carpet andwalk in closet.The building has a 24/7 doorman and pool. All conveniently situated in Westwood, close to movies,places of worship, restaurants, theaters, Westwood Village, Century City and of course UCLA. One oflowest HOD's for having a doorman in the Corridor!
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
PROPERTY DETAILS$450,00010501 Wilshire Boulevard #1005, Los Angeles
Courtesy of Century 21 Albert Foulad RealListing information
MLS#: SR15126028CN Beds: 1 Sq Ft: 517 List Date: 6/11/15
Status: Active Baths: 1.00 Year Built: 1963 DOM: 17
Features
Floors: Carpet, Hardwood Cooling: Central Heating: Central View: City Lights Zoning: No ZoningFound! Pool: Association Pool, Filtered, Gunite, In Ground Water: Public, Water District Lotdescription: Sidewalks Cross streets: Wilshire Blvd. and Warner Ave. Number of units: 208Lotsize: 42193 Acres: 0.97
Remarks
Unit is newly remodeled with high-end features. Rare corner unit with great city views from two sides!Very light and bright. Don?t miss out on this opportunity for Wilshire corridor living with great amenitiesincluding guest valet. Three new Fleetwood double-paned windows, new high-end stainless steel kitchenappliances with new refrigerator and new LED TV, new electronic dual shades on all windows andbalcony sliding door. Brand-new completely remodeled elegant bathroom with permitted plumbing andelectrical updates, well-designed remodel with great attention to detail and high-end floor-to-ceiling tileincluding glass mosaic ceilings. This unit also features an innovative smarthome system with blinds andlighting controlled wirelessly by touchscreen display or by cellphone. Converted from studio into 1BR byprior owner. Current owner is physician moving in June for job offer. Full...
Source: TheMLS.comInformation is deemed reliable but not guaranteed.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
WHAT ARE YOUR HOMEBUYINGGOALS?With the dramatic rise and fall of housing prices over the last decade, consumers have new respect forhomes as investments. But the flip side, is that your investment is still a home, one you’re likely to occupy forseveral years or more.
OwnershipAccording to the annual Profile of Home Buyers and Sellers, compiled by the National Association ofREALTORS®, the primary reason buyers cite for purchasing a home is simply the desire to own, followedclosely 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 livingarrangements and putting them closer to jobs, favorite activities, other family and friends. What are yourgoals for buying a home? You might want a better home and neighborhood. You might want a different kindof living experience, such as moving from an apartment to a single-family home with a private garage andyard. Your family may be growing, so you have to think about school districts and proximity to parks andother recreation.
If you’re not certain, you might think about what would change about your situation if you became ahomeowner. You’ll definitely be more established. If you’re like most homebuyers, you expect to stay in yournew home about 10 years.
EquityYou’ll also build equity for yourself, instead of for someone else. Every payment you make, plus the rules ofinflation 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 pricesallows you to buy more home for the money. Rents are rising, making ownership more affordable thanrenting in many areas, especially when you factor in tax incentives such as mortgage interest deductionsand 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 needsthe best for the longest period of time, as it’s been proven that the longer you own a home, the more equityyou’ll build. Today’s market conditions and affordability, make it more likely that you will reach yourhomebuying goals, no matter what they are.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
HOW TO DECIDE WHICH HOME TO BUYBuying 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.
AffordabilityYour 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 yourincome, including revolving credit, student loans, and child support. You should also be in the correct loanfor your needs. A fixed rate is more expensive, but offers more protection than an adjustable rate mortgagethat 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.
LocationLocation is about convenience, and you’ll pay a premium to be closer to work centers, parks, shopping andtransportation. You can buy a smaller home, or you can buy a home in need of updates to get closer towhere you need to be. Think about your commutes to frequent destinations, including jobs, schools, familyand friends. To get “more house,” you may have to move further away from core city centers.
FeaturesMake 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 yourhome is designed. The number of bedrooms and baths should suit your household members, and the layoutshould suit your lifestyle. If you like to entertain, you should have plenty of dining space and storage fordishes and cookware. If you frequently work at home, you’ll need a home office or at least a quietdesignated 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 aboutthe home you have in mind. With professional guidance, you should be able to find and buy the home ofyour dreams, where you’ll be happy for a long time to come.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
LOWER PRICE OR LOWER INTERESTRATEWhich Is Better?In a buyer’s market, buyers wait for signs that prices are going lower. In a seller’s market, buyers don’t waitbecause 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, andmortgage interest rates are at record lows. Yet, many buyers are still waiting for a sign that it’s the right timeto 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 pricesto go lower, but what they don’t realize is that prices have to drop significantly to equal a minor fluctuation inmortgage interest rates.
Mortgage CalculatorA 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 willbe $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, yourpayment would be $962.70, a difference of $50.67 per month, with $156,572.75 in interest over the lifeof 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 at4.5%. Your interest payments would total $177,185.99 over the life of the loan. The difference inpayments is $20,613.24.
Home prices today are well below the peak of the housing boom in 2005, and mortgage interest rates are atall-time lows. Sooner or later one of them will move up.
Why not buy while both are low?
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
YOUR DOWN PAYMENTGood NewsLately, it’s been in the news that credit is tight, but if you believe that you need 20% down and perfect creditto 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 active-duty military. FHA has programs as low as 3.5 percent down for qualifying borrowers who buy withinmaximum loan limits, up to $625,000.
Credit ScoreBorrowers with less than perfect credit can get loans as well. Higher credit scores help qualify borrowers forbetter rates. For example, if you have a credit score of 720 or better, you can buy a home through FHA with10% 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 thehome 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 youput 20 percent down, you can get a loan even if you have a low credit score of 580 or 620. If you have a 740or 760, the lender will go with less money down.
First Time BuyersIt also matters where the down payment money is coming from. Lenders expect first-time buyers to get helpfrom family to buy a home, so there may be limits to the size or percentage of the down payment gift that thelender will allow.
Down payment assistance can also come from grants. The FHA no longer allows seller-assisted downpayments, but does provide a link to national organizations that may be of help. Also, check your localhousing 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 yourdown payment money. A good lender will explain the true costs of borrowing to you so you can comfortablyafford the home you want as well as the monthly payments.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
WHAT BUYERS SHOULD EXPECT IN ASHORT SALEWhen they purchased their homes, sellers were required to make down payments to qualify for theirmortgages and they may have built up some equity from paying their mortgages. However, some may nothave owned their homes long enough to break even or sell at a profit. Further, the local market may havechanged; falling home values may have stripped any equity the seller earned to the point that they owe moreon their homes than they’re worth.
Short SaleA short sale is a transaction approved by a lender to clear the seller’s mortgage debt for less than what theseller 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 atypical home purchase, and may never happen. That can be a problem for a homebuyer who has locked in alow 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 mustsubstantiate the current market value of the home to verify what the seller says – that they can’t sell thehome for enough money to clear their debt and transaction fees. Lenders also have to protect themselvesfrom fraud – straw buyers can turn around and sell the home back to the homeowner cheaply, for a favor ora fee.
Talk To Your Real Estate ProfessionalBefore 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 towork harder for it to close.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
MAKING AN OFFERBefore you submit an offer, have your agent pull up the most recent sold comparables (CMA) within areasonable radius of the home, so you can compare the home fairly in terms of location, size, features, andamenities. Next, ask your agent about market conditions, so you can choose a strategy.
StrategyIn a buyer’s market, discounts are common because there are fewer buyers, more properties for sale, andhome prices are soft or falling. In a seller’s market, homes sell quickly for full price or higher because thereare plenty of buyers and few homes for sale. Whether you are in a buyer’s market or a seller’s market, yourgoal is to buy the home at a fair price. If you were the seller, what is the lowest possible price you’d accept?
RiskLow-balling the seller is risky. If the seller feels insulted by your offer, you’ve lost the opportunity tonegotiate. On the other hand, some sellers are simply unrealistic about their home’s value. Maybe your offerwill 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’reserious, include a copy of your lender’s pre-approval letter, along with a cover letter summarizing yourstrengths as a buyer in terms of creditworthiness, flexibility in closing, and why you love this home. Include acopy of your comparables to show why you feel your offer is a fair price for the property. If your offer isconditional, such as your need to sell another home before closing on the seller’s, you’ll have to find a wayto sweeten the deal, such as a full-price offer. Few sellers would accept a discount and a contingency at thesame time.
RewardYour 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 yourlender, and your right to have an inspection. Once your offer is negotiated and accepted, your earnestmoney will be sent to the escrow agent's office. Now the inspections occur, and this is where the contractnegotiations can break down. During the inspection process, the inspector will tell you about the condition ofappliances, heat and cooling systems, roofs, electrical and plumbing systems, etc, and if your future home isup to current city codes. You should only renegotiate a repair when it wasn’t obvious before, or when asystem is unsafe or not functioning. Once the seller has agreed, your offer is now a binding contract, andyou’ll proceed to closing.
Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |
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Scott McIntosh | Coldwell Banker | CalBRE#: 01759826 | Mobile: 310-500-6107 | [email protected] |www.scott-mcintosh.com | www.thewestwoodblog.com | 11661 San Vicente Blvd. 10th Floor, LA CA 90049 |