Pacific Palisades, CA Real Estate News

By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
For some strange reason, my post from yesterday was not posted. Instead it was saved as a draft. Only realizing it this morning, I want to still post the information as it will still be helpful information to home buyers and sellers in the Marina and Playa areas... Happy TGIF! I hope everyone enjoyed their Christmas holiday and was fortunate enough to spend the day with their loved ones. I am very thankful that I was! Here are the neighborhood details for the Marina Del Rey & Playa Del Rey areas: Marina Del Rey / Playa del Rey, CA - 90293 neighborhood details   Demographics zip 90293 County National Neighborhood type Suburban Population 10,531 10,341,064 281,522,000 Pop. density 4,288.1 8,392.8 79.6 Percent male 49.4% 49.5% 49.1% Percent female 50.7% 49.8% 50.9% Median age 41.5 34.0 37....
Comments 0
  Sales Volume No. Area Oct 2007 Oct 2008 Sep 2008 2008 To Date 2007 To Date SP/LP SP/OLP 14 Santa Monica $21,734,090 $19,203,000 $29,243,828 $238,075,962 $319,091,470 96.63% 91.53% 15 Pacific Palisades $2,570,000 $3,418,618 $1,327,000 $30,455,118 $51,086,809 97.55% 93.39% 32 Malibu Beach $4,500,000 $0 $8,525,000 $17,005,000 $30,382,000 N/A N/A 33 Malibu $5,350,000 $2,815,000 $4,813,500 $14,848,450 $33,922,500 92.02% 85.74% Sales Volume No. Area Oct 2007 Oct 2008 Sep 2008 2008 To Date 2007 To Date SP/LP SP/OLP All Selected Areas $34,154,090 $25,436,618 $43,909,328 $300,384,530 $434,482,779 96.22% 91.09%   Median Sales Price No. Area Oct 2007 Oct 2008 Sep 2008 2008 To Date 2007 To Date 14 Santa Monica $660,000 $645,000 $768,500 $704,500 $780,000 15 Pacific Palisades $637,500 $799,000 $6...
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy Tuesday everyone. Another cold day in Southern California and only two days left until the big guy's birthday! Here are today's weather forecasts for the Los Angeles Westside area: Santa Monica, CA 38°F Current:ClearWind: N at 0 mphHumidity: 85% Today56° | 45° Wed56° | 45° Thu56° | 45° Fri58° | 43° Beverly Hills, CA 43°F Current:ClearWind: NE at 5 mphHumidity: 59% Today58° | 45° Wed58° | 45° Thu56° | 45° Fri58° | 43° Pacific Palisades, CA 38°F Current:ClearWind: N at 0 mphHumidity: 85% Today56° | 45° Wed56° | 45° Thu56° | 43° Fri58° | 41° Malibu, CA 39°F Current:Mostly CloudyWind: N at 0 mphHumidity: 70% Today58° | 45° Wed58° | 45° Thu56° | 45° Fri56° | 43° Los Angeles, CA 43°F Current:ClearWind: N at 0 mphHumidity: 74% Today58° | 45° Wed58° | 45° Thu58° | 45° Fri58° | 41° Westsid...
Comments 0
Monthly Statistics - Single Family -Santa Monica, Pacific Palisades & Malibu October 2008 Sales Volume No. Area Oct 2007 Oct 2008 Sep 2008 2008 To Date 2007 To Date SP/LP SP/OLP 14 Santa Monica $22,935,378 $28,791,500 $39,920,400 $368,060,886 $473,779,396 94.22% 82.70% 15 Pacific Palisades $32,304,937 $51,615,980 $25,692,500 $483,058,597 $598,512,765 93.81% 85.52% 32 Malibu Beach $10,675,000 $0 $1,650,000 $177,203,000 $301,155,120 N/A N/A 33 Malibu $30,737,500 $24,215,000 $22,258,219 $156,272,929 $338,772,119 90.37% 86.36% Sales Volume No. Area Oct 2007 Oct 2008 Sep 2008 2008 To Date 2007 To Date SP/LP SP/OLP All Selected Areas $96,652,815 $104,622,480 $89,521,119 $1,184,595,412 $1,712,219,400 93.10% 84.91%   Median Sales Price No. Area Oct 2007 Oct 2008 Sep 2008 2008 To Date 2007 To Da...
Comments 1
By Joshua Barré
(LA West Real Estate)
Surprisingly, some good news trickled out of the financial markerts in the form of the Fed surprising us with a 75 bps rate cut (the street expected 50 bps max).  This now puts us at the lowest level in the nation's 232 year history. Wall Street surged nearly 360 points after central bank said it would us "all available tools" to jump start the economy.  These include buying mortgage debt from banks to provide them with extra cash and reduce long-term interest rates. This should definitely lower the cost of borrowing for investments and housing, which then brings the unemployed back into the labor market and makes housing affordable. The average 30 year fixed mortgage rate is now 5.19% compare to highest last October to November at 6.5%. Now is a really good time to take advantage of th...
Comments 1
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy Sunday everyone! It is another cold day in Southern California. Fortunately not as cold as earlier this week! Here are the weather forecasts for today: Santa Monica, CA 58°F Current:ClearWind: E at 1 mphHumidity: 42% Today Beverly Hills, CA 53°F Current:ClearWind: E at 3 mphHumidity: 32% Today Pacific Palisades, CA 58°F Current:ClearWind: E at 1 mphHumidity: 42% Today Malibu, CA 55°F Current:Mostly CloudyWind: W at 3 mphHumidity: 61% Today Los Angeles, CA 50°F Current:ClearWind: NE at 4 mphHumidity: 48% Today Pacific Palisades Weekly Hotsheet:          TYPE     ADDRESS        LISTED PRICE   BD/BATH  SIZE   LOT     AGE    SALE PRICE    DATE     STATUS       HOUSE 737 VIA DE LA PAZ   $1,999,000   5 3.50   2,741 8,964 1940     $1,600,000   12/19/08 Sold         HOUSE 1043 HARTZELL ST...
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
One of the many tools that our websites, www.PalisadesHomeTeam.com & www.WSProps.com , offers to homeowners, seller, buyers, and investors. To view the finest Real Estate in Pacific Palisades, Malibu, Santa Monica, Marina Del Rey, Brentwood, Bel-Air & Beverly Hills please visit our website. Please contact us with any questions regarding selling your home or buying a home.
Comments 1
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy Hump Day! Another very cold day for Southern Californians. I know it's like summertime to people in the Midwest and North East areas, BUT this is cold for us :) Here are the weather forecasts for the Los Angeles/Westside areas: Santa Monica, CA 52°F Current:CloudyWind: N at 0 mphHumidity: 68% Wed Beverly Hills, CA 48°F Current:RainWind: E at 0 mphHumidity: 65% Wed Los Angeles, CA 51°F Current:RainWind: N at 0 mphHumidity: 70% Wed Malibu, CA 50°F Current:CloudyWind: N at 24 mphHumidity: 52% Wed Hotsheet New Listing Updates: No Pacific Palisades real estate listings today. Playa Del Rey - 1 house Westchester - 2 houses Malibu - 4 houses & 2 lots(land)  Mar Vista/Palms - 1 house Marina Del Rey - 2 condominium West Hollywood "WeHo" - 1 condominium & 1 house Westwood - 1 residential in...
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Happy rainy Monday!  There is coastal flood warnings for Los Angeles Coasts including Downtown Los Angeles: Issued by The National Weather ServiceLos Angeles, CA 5:53 am PST, Mon., Dec. 15, 2008 ... ABOVE NORMAL SURF FOR WEST FACING BEACHES OF VENTURA AND LOS ANGELES COUNTIES THROUGH MONDAY... MODERATE WESTERLY SWELL WILL PRODUCE HIGHER THAN NORMAL SURF OF 3 TO 5 FEET ALONG WEST FACING BEACHES OF VENTURA AND LOS ANGELES COUNTIES... WITH BREAKERS UP TO 7 FEET ON THE MOST EXPOSED BEACHES. THESE CONDITIONS SHOULD SLOWLY SUBSIDING THIS AFTERNOON. STRONG RIP CURRENTS WILL LIKELY OCCUR IN THE VICINITY OF THE LARGEST BREAKERS AND MAKE SWIMMING OR SURFING POTENTIALLY DANGEROUS FOR ANYONE. To preview the finest Real Estate in Pacific Palisades, Malibu, Santa Monica, Brentwood, Bel-Air, Beverly H...
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Heat & Cool Efficiently As much as half of the energy used in your home goes to heating and cooling. So making smart decisions about your home's heating, ventilating, and air conditioning (HVAC) system can have a big effect on your utility bills - and your comfort. Take these steps to increase the efficiency of your heating and cooling system. For more information, see the Guide to Energy Efficient Heating & Cooling (708KB). To view the finest Real Estate in Pacific Palisades, Malibu, Santa Monica, Marina Del Rey, Brentwood, Bel-Air & Beverly Hills please visit our website. Please contact us with any questions regarding selling your home or buying a home.   Change your air filter regularly Check your filter every month, especially during heavy use months (winter and summer). If the filt...
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
    STATUS   TYPE ADDRESS     BED BATH   SIZE LOT AGE   SALE DATE SALE PRICE     1  SOLD    HOUSE 405 PUERTO DEL MAR     3 3.00 0 2,637 25,831 1956   12/05/08 $1,400,000     2  SOLD    HOUSE 16706 CALLE ARBOLADA     4 4.00 0 3,258 5,789 1994   12/02/08 $1,740,000       Only two properties have sold in Pacific Palisades over the past week! Tis the season for a slow real estate market. Traditionally, the month of December is always slow with sales and new listings on the market but this is very slow! To view the finest Real Estate in Pacific Palisades, Malibu, Santa Monica, Marina Del Rey, Brentwood, Bel-Air & Beverly Hills please visit our website. Please contact us with any questions regarding selling your home or buying a home.  
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
                     SOLD    HOUSE 434 PUERTO DEL MAR     4 4.50   3,763 5,710 2008   11/25/08 $2,970,000        SOLD    HOUSE 633 ERSKINE DR     2 2.00   1,491 11,717 1948   11/26/08 $1,700,000        SOLD    CONDO 1650 MICHAEL LN     3 3.00   1,983 0 1979   11/26/08 $792,500        Two houses and only one condo has sold in the Pacific Palisades area in ten days! Luxury properties are selling, if they are marketed and priced well. My last Pacific Palisades listing sold in SEVEN days with multiple offers! It just shows that a Real Estate professional knows what they are doing. To view the finest Real Estate in Santa Monica, Pacific Palisades, Malibu, Marina Del Rey, Brentwood, Bel-Air & Beverly Hills please visit our website. Please contact us with any questions regarding selling your ...
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
                     SOLD    HOUSE 1022 LACHMAN LN     3 3.00   2,252 11,950 1958   11/18/08 $2,175,000        SOLD    HOUSE 627 BAYLOR ST     4 4.50   3,404 0 1951   11/18/08 $1,900,000        SOLD    HOUSE 1176 CORSICA DR     4 3.50   2,854 14,000 1951   11/19/08 $3,400,000        SOLD    HOUSE 569 SWARTHMORE AVE     4 4.00   3,975 5,000 2004   11/20/08 $2,435,000        SOLD    HOUSE 17026 AVENIDA DE SANTA YNEZ     4 3.00   2,749 14,510     11/19/08 $1,650,000        SOLD    HOUSE 1451 CUESTA LINDA     6 5.50   5,503 19,330 1989   11/21/08 $3,300,000        SOLD    CONDO 17350 W SUNSET #702C     1 1.00   1,051 0 1963   11/21/08 $485,000       To view the finest Real Estate in Santa Monica, Pacific Palisades, Malibu, Marina Del Rey, Brentwood, Bel-Air & Beverly Hills please visit our...
Comments 0
By Connie Tebyani, Platinum Home Staging, Los Angeles and Ventura County
(Platinum Home Staging, Inc. : RESA-Pro)
Platinum Home Staging, Inc. was contacted by the home owner of a condo in the Pacific Palisades, CA for a Staging Bid.  After turning the appointment into a Staging Consultation, the Home Owners knew they were going to need to put some good 'ol fashioned elbow grease into the house before they could list it at a price that was competitive in their market. (A Staging Consultation is a room-by-room action plan of what needed to be completed by the Home Owners before Staging could take place, and repairs that need to be done before the home is placed on the market. Usually taking 2 -  2 1/2 hours depending on the size of the home)  The Home Owners are both award winning Graphic Artists and used their home as their offices as well.  Although they loved color, they had painted every wall, ce...
Comments 30
By Stephen (Steve) Love
(Bennion Deville Homes (Formerly Windermere Real Estate) - Palm Springs Area)
Please keep us in mind for your Palm Springs area referrals. We've lived in the Pacific Palisades area for many years and know there are many prospects there for second homes in the desert area. It works well to include a line like "Let me introduce you to my Palm Springs area Realtors" in your marketing and Blog. By the way, our home in the Sunset Mesa development of Malibu is for lease ($6500 per month). It's a fantastic value. Here's the website URL: http://3711oceanhillway.epropertysites.com/ Looking forward to working with you. Regards, Stephen C. Love & Greysha Gordon-Love (760-668-4460) (760-902-8805)
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
1 RES-SFR:   911 HARTZELL ST , PACIFIC PALISADES ,CA 90272 MLS#: 08-278435 SP:  $1,950,000 AREA:  (15)Pacific Palisades STATUS:   S VIEW:  Yes MAP:   631/B5 STYLE:  Contemporary Mediterranean YB:  1991 BR:  3 BA:  3.00 APN:  4423-020-028 ZONE:  LAR1 HOD:  $0.00 STORIES:  2 APX SF:  2,945/AS LSE:   GH:  N/A POOL:  No APX LDM:   APX LSZ:  5,200/AS LOP:   PUD:   FIREPL:  2 PKGT:  3 PKGC:  3 DIRECTIONS:  Sunset Blvd. to Hartzell St. REMARKS:  Beautiful newer contemporary Mediterranean with 3+3+family room, dining room, living room with fireplace. Large master bedroom suite with fireplace, great closet space, private deck + lovely bath with spa tub. Features include new redoak floors, freshly painted, recessed lighting, new carpeting, and plantation shutters. Very close to town, park school...
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
                     SOLD    HOUSE 16321 PACIFIC COAST HWY #46     1 1.00   600 0 1969   09/25/08 $175,000        SOLD    HOUSE 922 CHAUTAUQUA BL     6 5.50   5,600 14,500 2008   09/24/08 $5,300,000        SOLD    HOUSE 3835 CASTLEROCK RD     4 3.50   2,568 11,230 1966   09/25/08 $2,327,500        SOLD    HOUSE 913 LAS PULGAS RD     3 2.50   1,552 7,078 1952   09/26/08 $1,300,000        SOLD    CONDO 1391 PALISADES DR     2 1.75   1,575 0 1973   09/30/08 $600,000    
Comments 0
By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
The Will Rogers Polo Club is dedicated to the preservation of the Will Rogers Tradition and Polo in Pacific Palisades. They are a proud member of The United States Polo Association and remain as the only Polo Field in Los Angeles. The Will Rogers Polo Field was landscaped and built in 1926 and has maintained its historic and beautiful tradition of Polo ever since. The Will Rogers Estate was gifted to the State of California in 1944 on the condition that Polo & Equestrian Activities continue at the park.We welcome you to come and enjoy your weekends at this beautiful and historic Park and enjoy our Polo Games, Polo Tournaments & Polo Charity Events. The Polo is free for all spectators, there is only the Park fee for vehicle parking. Pack your picnic baskets and dont forget the wine. Bri...
Comments 0
By Valerie Fitzgerald, Luxury Real Estate in Beverly Hills & West LA
(Coldwell Banker Residential Brokerage)
Explore Architectural Treasure! “To excel in the structuring of a problem we must be committed to a concern for quality in everything in the world around us. We must learn to care deeply.” —Charles Eames from Slide show “Excellence, G.E. M, 1967              In 2004, Lucia Eames and the Eames family embraced the concept of “caring deeply” by creating the Eames Foundation. The mission of the Foundation is to preserve and protect the Eames House and to provide educational experiences that celebrate the creative legacy of Charles and Ray Eames. You can visit the Eames House in Pacific Palisades by calling to set up an appointment at least 48 hours in advance. Give me a call after your visit, I’d love to hear what you have to say about the property, 310-285-7515.   To read the original arti...
Comments 0
I just started a new group called "We Speak French." This will be a community of real estate professionals that are bi-lingual French/English and interested in representing French or francophone clients already living in the country, or residing outside the USA. The main purpose of the group will be to share information, tips, stories, and create a community that can benefit all members, and even be fun.  In addition, the group will promote client referral across states. I look forward to hearing from you soon.  
Comments 0