Monterey Hills (Highland Park, CA)
OPEN HOUSE SUNDAY FEBRUARY 8 1:00 - 3:00PM 4200 Via Arbolada Unit 214 Los Angeles, CA 90042 (Monterey Hills) Offered for sale at $379,000   This is an elegant and sophisticated 2 bedroom, 2 bath condo, in the beautiful Linden Heights complex. Features include blonde laminate flooring throughout, fireplace, private balconies, and a bright, open floor plan. The complex includes a large, sparkling swimming pool, spa, gym and recreation room. Monterey Hills is central to Downtown L.A., Glendale, and Pasadena convenient to multiple freeways, and Gold Line light rail stations.       Bob Taylor Properties, is a progressive, independent, full service real estate brokerage located in Northeast Los Angeles. We have a small staff of experienced, veteran real estate agents who love what they do and...
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By Cheryl Johnson
A few days ago the City of Los Angeles demolished a privately owned home that was allegedly a home base for drug dealing and gang activity.  Article from Eastern Group News HERE The vacant property had been listed for sale at $565,000 in 2006, then at $399,000 at the end of 2007.  I wasn't able to find a current listing. I understand and agree that the City absolutely has to crack down on drug and gang activity. On the other hand, I am a little uncomfortable with what is happening to the property owner's rights.  And speaking as a property owner myself, I ~know~  how very difficult it can be to remove problem tenants.  
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
There are two things that make Bradley Court stand out in Monterey Hills. First, it's the only PUD (Planned Unit Development) in Monterey Hills. It consists of 16 spacious homes with their own garages and their own individual style. Second, built in 2001, Bradley Court is the last property complex built on the hill, making it the newest. These beautiful PUD style homes offer majestic views and a lot of interior space. Most are 3 bedrooms and 3 baths with over 1,600 sq. ft. A little private yard, a gourmet kitchen, bathroom with a spa are just some of the amenities of Bradley Court. Bradley Court homes were selling originally in the $800,000 range. There was a recent sale, a short sale, that closed a few months ago for $655,000. Because there are only 16 units in this very small Monterey...
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
SAVE THE DATE:  September 13, 2008 Monterey Hills gets ready for the annual JAZZ FESTIVAL Stop by for all the FUN on September 13th 2008 For additional information, please visit www.MontereyHills.org.
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
There are definite opportunities in Monterey Hills right now for both first time home buyers and investors.  For the first time, we're actually seeing 2 bedroom and 2 bath condos fall under $300,000 thanks to short sales and hesitant buyers.  The inventory for condos remains pretty much the same.  Even though looking at the graph below, the number of total Monterey Hills condos dropped to 16, there were 8 condo listings that expired which suggests that they will be relisted and put back on the Monterey Hills real estate market shortly.  At today's rate of condo sales of about 5 per month, there's about 17 weeks of existing inventory available. Investor Recommendation:  Wait for condos to drop around $275,000 if you'd like to be at break even at about 25% down. Homeowner Recommendation: ...
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By Irina Netchaev, Pasadena CA Real Estate
(Pasadena Views Real Estate Team, Inc.)
As most of my loyal readers know, I love Monterey Hills.  I used to live in Monterey Hills.  My parents still live in Monterey Hills.  And, what most of you do not know is that I started my real estate career, sort of, in Monterey Hills.  I used to show the Monterey Hills condo models when Huntington Terrace and Hudson Terrace was first built back in the early 80s.  I was, yes, a hostess.  :-) So when you are ready to buy your first condo in Monterey Hills what should you look for? Amenities:  each Monterey Hills condo complex has different amenities and its own history.  Almost all have pools and spa, but some Monterey Hills condo complexes have a recreation room, steam room, sauna, gym and paddle tennis courts. Floor plan:  In my experience, Monterey Hills has mostly 2 bedroom condos....
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Highland Park, CA Real Estate Professionals