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Westwood Real Estate changing

Westwood Real Estate Changing

There are several sub neighborhoods within Westwood. There is Little Holmby,  Holmby Hills, West Hills, (Warner Ave Elementary)Comstock Hills  which is East of Beverly Glen. The area South of Wilshire between Beverly Glen and Veteran bordered by Santa Monica Blvd (Fairburn Elementary School). You have the neighborhood to the East of Westwood Blvd and Sepulveda. There are the homes South of Santa Monica Blvd to Pico which span E of Beverly Glen to Sepulveda. There are great schools that are the foundation of the community along with parks, restaurants, theaters, places of worship, shops etc. Westwood real estate is changing around Westood Charter Elementary and the homes that surround it are also where new home construction and remodeling are occuring.

With interest rates low there is a lot of new construction. To the North of Wilshire there is an ICO and Possible HPOZ (see previous articles I have written) To the South of Wilshire all around the Fairburn School district there are many new homes being built. There is no restriction to build new homes and remodel.Prices of tear down houses are around $1, 400,000.00 and they are being replaced or renovated with homes that are anywhere from 2 million to 5 million. Because the neighborhood is so central to all Los Angeles has to offer and the great schools there are families looking to move into the neighborhood embracing construction with all the latest finishes. Cesar stone counters, wide wood plank floors, walk in closets, kitchens with family rooms integrated and open floor plans opening to backyards for outdoor living are just a few of the features you will see in the newer homes. New homes often include screening rooms, large garages, top of the line materials, maximum use of space.

Westwood real estate is changing. There will continue to be more remodeling and construction . Demand is high in the area, interest rates are currently low for builders to get money to remodel and build new homes as the area to continues to meet demand.

Contact me for all your real estate needs. www.caronschwartz.com at 310 383-0831

New Construction Westwood

New Construction Westwood

New Homes for sale Westwood

New Homes for sale Westwood

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new Construction Westwood

new Construction Westwood

New Construction lot

New Construction lot

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Westwood real estate is changing

Westwood real estate is changing

Westwood Real Estate

Westwood Real Estate

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Holmby Hills home prices rise

Holmby Hills has always been a very desirable neighborhood to live in Los Angeles. It is close to UCLA and Westwood Village, it is surrounded by Bel Air, Beverly Hills, Century City and all of Westwood. It retains a very residential feeling with various other neighborhoods within and surrounding Westwood. It has fabulous public and middle school and private schools close by. And most of all such a variety of homes and styles . Typically you see people walking their dogs, walking to the local park, Holmby Park, or walking kids to school. Holmby Hills home prices rise. Kitchens and bathrooms with carrara marble, new wood plank flooring, built in lighting, screening rooms, corners made into wine storage areas, bringing the outdoors creating better flow indoor and out are all elements of increasing value. The interiors matter. Throughout Westwood we see houses being torn down or renovated.Holmby Hills home prices rise as we see more homes that were in the 3-4 million dollar range move into the 5 million dollar range. Holmby Hills properties are often large and deep lots which are very desirable. As Westwood and Century City,and Beverly Hills continue to improve their retail stores, restaurants, and theaters it is a wonderful community to be living in. Holmby Hills prices rise due to unique architectural homes for sale that are well maintained and in a great neighborhood close to all that Los Angeles has to offer. Contact https://www.caronschwartz.com[ftb_widget_gen tabs=”schools,market_trends,demographics,transportation,weather,restaurants,” city = “Los Angeles” zip = “90024” state = “CA” neighborhood = “Westwood” county = “Los Angeles” ]

updated bathrooms increase value

updated bathrooms increase value

 

add a screening room

add a screening room

Holmby Hills home prices rise

Holmby Hills home prices rise

Holmby Hills homes for sale

Holmby Hills homes for sale

Holmby Hills Interim Control Ordinance

Holmby Hills Interim Control Ordinance (ICO) refers to the ordinance  put in effect in March of 2015. It was adapted as a urgency measure to limit and stop issuance of building permits for the construction of single family homes on RA,RE,RS and R1 lots in 15 designated areas, Holmby Hills being one of them. Proposed construction has to meet certain specific criteria. Ordinance 183497 has very specific guidelines residents and buyers looking to purchase homes in Holmby Hills must be aware of.In addition if you are considering selling your home you need to have awareness of the new restrictions. As a realtor and resident of Little Holmby, I get many inquiries from clients looking to buy or sell a home in the neighborhood. The prohibitions of the specific ordinance need to be read by potential sellers or buyers in the neighborhood. For approximately the next two years, the City will be working on a proposed HPOZ for the neighborhood and during that time, restrictions on what you can do are in place.

Given those guidelines, there is remodeling going on . The ordinance states:” The department of building and safety may review and approve the following types of exempt projects which do not require referral to the Planning Department:

1. Interior Remodeling of a legally constructed building or structure that does not change any exterior features(such as windows);

2. Additions of less than 250 sq ft that do not increase the height the structure and are located in the rear yard area:

3.Construction of gazebos,balconies,trellises,decks,or garden sheds in the rear yard area that are not visible from the street:

4.Seismic retrofitting,maintenance or repair of existing foundations with no physical change to the exterior;

5.Installation of rear yard swimming pools or spas;

6.Installation of rear or side yard fencing;

7.Re: roofing with no change in building materials;

8. Installation of solar energy systems, as defined by California Government Code Section 801.5;

9. Any construction for which a building permit or demolition permit is required to comply with an order issued by the Department of Building and Safety to repair, remove or

demolish an unsafe building or substandard condition, or to rebuild a structure destroyed by fire, earthquake or other natural disaster , provided that the development is not

prohibited by any other provision of the LAMC;
10. Issuance of a building permit for a project that satisfies all of the following conditions: 1)Architectural and structural plans sufficient for a complete plan check were accepted by
the Department of Building and Safety before the effective date of this ordinance, subject to the time limits set forth in Section 12.26.A.3 of the LAMC; 2) A project that had a plan
check fee was collected before the effective date of this ordinance; and 3) No subsequent changes have been made to those plans that increase or decrease the height, floor area or occupant load by more than five percent, that change the use, or that violate the Zoning Code regulations in effect on the date that the plan check fee was paid;
11. Construction, redevelopment, rehabilitation or renovation of multifamily housing. Multifamily housing includes two-family dwellings , multiple dwellings, group dwellings
and apartment houses. Projects that involve the demolition of existing multifamily housing and its replacement with single-family housing shall be prohibited.
I hope some of these major points in the ordinance assist you as you consider selling or buying a home in Holmby Hills. There are exceptions and hearing boards to discuss changes you want to make and if you require consideration for exceptions.
As a real estate agent living and working in the area I am informed about the kind of questions that are often asked.If you are looking to buy or sell a home in Holmby Hills, contact me for further information. Let’s work together sell your home or purchase a home in Holmby Hills. Westwood and Holmby Hills are  wonderful neighborhoods in Los Angeles. Holmby Hills is one of the nicest residential neighborhoods to live in . Holmby Hills is close to everything, has fantastic public schools, shopping, parks, places of worship and is surrounded by many neighborhoods and freeway access. I hope this gives you a bit of information about the Holmby Hills Interim Control Ordinance.http://zimas.lacity.org/documents/zoneinfo/ZI2443.pdf

quotes taken from L.A City ordinance number 183497

Holmby Hills ICO

Holmby Hills ICO

Holmby Hills Interim Control Ordinance

Holmby Hills Interim Control Ordinance

Holmby Hills Interim Control Ordinance

Holmby Hills Interim Control Ordinance

 

 

 

 

 

 

 

 

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Wilshire Holmby 10433 Wilshire Blvd

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The Wilshire Holmby 10433 Wilshire Blvd is a condominium building located on the North side of the Wilshire Corridor. The condominiums and apartments are for sale and lease. The Wilshire Holmby 10433 Wilshire Blvd has 1,2 and 3 bedroom units. The building was built in 1963 and there are 117 units dispersed over 13 floors. The building has spectacular views of the Hills of Bel Air and the Wilshire Corridor. The windows have a mid Century feel with large full length windows in some rooms. Many units are being remodelled and have wood floors, granite and stone kitchens with state of the art appliances, updated bathrooms etc.  Amenities include concierge, valet parking, pool, community room and gym. Conveniently located close to Beverly Hills, UCLA ,Century City and walking distance to Holmby Park and Warner Ave Elementary School. It is a great central location within West Los Angeles. The Wilshire Holmby 10433 Wilshire Blvd is two blocks walking distance to the Public Elementary School. Golf at the Bel Air Country Club , Shopping in Westwood Village ,or theater at the Annenberg Center is close by. Shopping in Westwood Village

Contact me at https://www.caronschwartz.com or 310-383-0831 for more information on the Wilshire Corridor , Century City, Westwood, Bel Air, Hollywood Hills, Venice, Marina Del Rey, Santa Monica, Malibu, and Holmby Hills, Downtown Los Angeles, Brentwood, Cheviot Hills,  etc. http://www.thewilshirecorridor.net   http://www.thewilshirecorridorcondos.com http://www.centurycitycondostoday.com

Crown Tower Apartments 10701 Wilshire Blvd

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Crown Towers Apartments 10701 Wilshire Blvd is on the North Side of the street on Wilshire. It is walking distance to Westwood Village and UCLA campus. Crown Towers Apartments 10701 Wilshire Blvd has beautiful views of Bel Air and the Wilshire Corridor. The building is walking distance to UCLA and Westwood Village. Crown Towers Apartments 10701 Wilshire Blvd is close to the 405 Freeway and Beverly Hills as well. There is 24 hour security, valet, pool and gym. The building was built in 1972, has 119 units. Crown Towers is 23 stories tall. Units are for sale and for lease. Warner Ave Elementary school is the public school available for residents. Century City and Beverly Hills are within 10 minutes.  Houses of worship,theaters, grocery stores,and shopping are all very close . Westwood Blvd is lined with International restaurants. The new IPIC theater is across the street. Crown Towers Apartments 10701 Wilshire Blvd is close to the freeways that access all of Los Angeles. A 5  minute walk and you are on the UCLA Campus . Several parks are close by. Condominiums are for sale and apartments to lease. Call us at 310-383-0831 or contact https://www.caronschwartz.com for more information on the Wilshire Corridor and relocation. http://www.thewilshirecorridor.net,   http://www.thewilshirecorridorcondos.com