REAL ESTATE EYE CANDY

Noted for its unique architectural style, this iconic Bel Air estate was custom designed for the late, great Wilt Chamberlain of the LA Lakers.  Architect David Tenneson Rich used redwood, steel and Bouquet Canyon Stone to construct this 16 room, 7,100 square foot home in a series of connected triangles reminiscent of the work of Frank Lloyd Wright.  Floor-to-ceiling windows brought in massive light and took advantage of the 360 degree views from the San Fernando Valley to the Pacific Ocean to the Stone Canyon Reservoir and Century City. Purchased by Russian-born oil, gas and real estate investor Dmitri Novikov in 2008 the home has been extensively renovated.   Click here to read more Continue reading

CELEBRITY MOVES

Award-winning actress Illeana Douglas is selling her renovated bungalow in Hollywood’s Spaulding Square neighborhood. Warm and inviting with plenty of vintage charm and a great indoor-outdoor flow, this one’s sure to go fast!  Want to own a piece of Hollywood history? Call me and let’s go take a look! Click here to read more Continue reading

LET THE FIREWORKS BEGINI!

Still haven’t figured out what to do to celebrate July 4th?  One of my favorite traditions is to book a window table at the legendary Yamashiro’s restaurant above Fairfax where you can enjoy great cocktails and amazing food while looking out on fireworks displays popping all across the city.  But there are great events to enjoy all over the city! Have fun! And party safely! Click here to read more Continue reading

REAL ESTATE INVESTMENT STRATEGIES

As talk of the “bubble’ heats up investing in real estate becomes a scary proposition.  But there is still money to be made. As Melissa Shea of Forbes notes, by following these simple guidelines, with a bit of common sense and a clear focus you can experience both the fun and the financial gain of successful real estate investing. Click here to read more Continue reading

REAL ESTATE EYE CANDY

This mid-century modern estate in Trousdale, reputed to have once been the home of Howard Hughes, has been updated with the finest fixtures and finishes.  But it still retains the clean lines, open floorplan and indoor-outdoor flow that characterize this style of architecture and interior design. Complete with spectacular grounds and unparalleled views, this home has it all. Click here to read more Continue reading

REAL ESTATE INVESTMENT STRATEGIES

For many Americans the largest component of their net worth is the equity they have in their homes.  Building equity is an important tool for maximizing your portfolio. I have always been a proponent of overpaying my mortgage to accelerate equity growth.  As you grow in your career and your income increases it is relatively painless to add a bit to your mortgage payment each month, and you will be pleasantly surprised at how quickly your equity appears to grow.  But there are other easy ways to grow your equity as well…… Click here to read more Continue reading

CELEBRITY MOVES

It looks like Rob Lowe and his wife Sheryl may be leaving their next door neighbor, Oprah Winfrey, behind.  They’ve just listed their spectacular 10,000 square foot Montecito mansion complete with pool, pool house, tennis court and breathtaking ocean views for $47million….with Sotheby’s of course! Click here to read more Continue reading

ONE CAR, TWO CAR...THE FUTURE OF TRANSPORTATION AND THE IMPACT ON HOME VALUES

I have several friends here in Los Angeles that have become single car families, and even two or three that have given up their cars entirely.  And in fact, a recent study I read noted that in Los Angeles it may be cheaper to use rideshare platforms for all our transportation needs than to own a car.  With ridesharing already well accepted and autonomous vehicles in the works, car ownership is likely to decrease, and so is the garage space needed for parking.  How will this translate to home design and property values in the future? Click here to read more Continue reading

AND SOME SAY THERE IS NO GLOBAL WARMING…..

According to a new study from the Union of Concerned Scientists, over 350 coastal communities across the US may become chronically inundated due to sea level rise in the next 40 years.  The tragic result will be hundreds of thousands of homes being lost underwater. But researchers say we could avoid these drastic property losses and the associated financial disaster if urgent steps are taken to curb greenhouse gas emissions.   To learn more about the areas most affected, read on….   Continue reading

CELEBRITY MOVES

The Toluca Lake estate of Bob and Dolores Hope, first listed in 2013 at $27.5 million, has sold to billionaire Ron Burkle for $15 million.  Sitting on 5.2 acres the compound features a 5 bedroom main house of 15,000 square feet, a two bedroom guesthouse, indoor and outdoor pools and a three hole golf course.  Proceeds from the sale will go to the Bob & Dolores Hope Foundation. Ah Bob….Thanks for the Memories! Click here to read more Continue reading