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Wilshire Corridor condominium sales March 2018

It  Wilshire Corridor condominium sales March 2018 include more than 23 condos sold. These included 4 one bedroom,12 two bedroom, and 7 three bedroom sales.  Some buildings are Regency Wilshire, Wilshire Regent, Diplomat, Marie Antoinette,Wilshire Holmby, The Churchill, The Wilshire, The Comstock ,and the Remington.

Firstly at 10433 Wilshire  a penthouse sold for $1,500,000.00. It needed renovation but has nice views with 2557 sq feet, 2 bedroom and 2 bathrooms. Additionally, the homeowners dues include amenities like pool, community room, gym , valet parking etc. Comparatively a 2 bedrooom , 3 bath sold at 10580 Wilshire with 2284 sq ft lower floor $1,600,000.

Interestingly, another larger 2 bedroom 4 bath unit in 10580 Wilshire with 3245 sq ft sold for $3,900,000. It is on an upper floor. A condo at 10776 Wilshire having 2735 sq ft with 2 bedrooms, 3 bathrooms soldfor $3,750.000.00. It is on a upper floor. Comparatively, the age of the building, upgrades, location within the building, and amenities influence the price from building to building.

10551 Wilshire double unit redone

Wilshire Corridor condominium sales March 2018

Secondly a wonderful large 2 unit combination condo with 3407 sq feet , 3 bedrooms,5 bath, and a den sold. It is on a lower floor in 10551 Wilshire. It sold for $$4,895,000. The views faced Bel Air and the interiors are beautiful. Amenities include pool, gym, concierge, valet etc. The homeowner dues for this unit are double due to the combination of two units. This is is an added expense .For a homeowner leaving a large home, finding a large contemporary condo is a premium.

In additon there is a 3 bedroom 3 bath condo that sold at 10787 Wilshire . It has 1459 sq ft and sold for $995,000.00 .This condo has higher and no pool or gym. It is close walking distance to Westwood Village and UCLA. Additionally a 3 bedroom ,4 bath at 10490 Wilshire sold for $4,863,000.00. Furthermore,a $5,289,500.00 3 bedroom 4 bath condo on a high floor in The Wilshire . It has 3407 sq feet, amazing walk in closets, and decked out in luxury sold. Wilshire Corridor condominium sales March 2018 had some nice luxury condos for sale.

Lastly buying a condo on the Wilshire corridor has all the rewards of luxury living. Most buildings have a gym and pool. A few have tennis courts. Most buildings on the Wilshire Corridor have a concierge . They are conveniently located close to UCLA, Century City, Beverly Hills, Westwood Village, freeways,.etc. I am very knowledgeable about all the buildings .(see my youtube of each building.)https://www.youtube.com/channel/UCGHB90Fe3QTDfN64SFxTotw

In conclusion if you are thinking of selling a condo on the Wilshire Corridor, contact me for my expertise. Leasing ,buying, or selling a condo, I am sure I can help you with exactly what you need. http://www.caronschwartz.com  310-383-0831 http://www.centurycitycondostoday.com http://www.housesinwestwood.com   http://www.thewilshirecorridorcondos.com 

The future of Westwood Village

The future of Westwood Village . For years the Village has been caught between anti development vs. development. These changes affect surrounding communities around UCLA including  Holmby Hills, Bel Air, Westwood Hills, The Wilshire Corridor, etc. Learn more about what is being proposed for the area.

UCLA has a proposed project which designates five sites for new construction across the Westwood campus allowing the university to meet the capacity promised by its 2016-2026 Student Housing Plan .There are more than 47,000 residents within a 3 mile radius .https://en.wikipedia.org/wiki/Westwood,_Los_Angeles https://urbanize.la/post/ucla-plans-major-expansion-student-housing-capacity

Fortunately, through neighborhood councils, residents are talking about their desire to retain the small town feel of Westwood Village vs. the new proposals for more housing. In addition,the metro station purple line and the Olympic games are coming. The future of Westwood Village includes the Armand Hammer Museum expanding. Therefore, these developments will bring more traffic and interest in the area. https://la.curbed.com/2017/1/26/14387852/hammer-museum-expansion-wilshire-renovation

Firstly, Westwood Village is surrounded by million dollar properties on all sides. The Wilshire Corridor, Little Holmby, Westwood Hills, Bel Air, to name a few. There is a lot of wealth and disposable income in the area. This is very appealing to developers. There are UCLA students and faculty. Recently at a neighborhood homeowner meeting, (October 2017 HWPOA) a UCLA  representative stated that “most students don’t bring their cars to campus.” The UCLA representative states that the new housing would not increase traffic concerns . read more…http://dailybruin.com/2017/03/12/ucla-to-propose-new-dorms-apartments-to-match-enrollment-increase/ 

Secondly, The future of Westwood Village has been surrounded by controversy about development. The Casden project, developed  many years ago, received a lot of resistance to a large project in the Village. Once approved, it provided more housing, Trader Joe’s, parking , other retailers and restaurants for the Village. In addition, the former Bullocks location houses  “supersize” Ralph’s ,parking and City Target. The increase in parking spaces helped bring more residents to the Village. Conclusively, these are all very successful projects today. Specifically, neighbors have stated even more parking would be welcome! see more..http://dailybruin.com/2004/03/11/casden-project-approved/

Also noteworthy, developers see that it could be a larger booming retail, shopping, and restaurant mecca. Historically students have not been big spenders to support retail. Interestingly, the development of City Target and Ralph’s draws large numbers of students and residents. Not Surprisingly, Trader Joe’s and its neighboring fast food stores are thriving. The project’s parking lot  is a convenience.  Specifically residents have stated that part of the lack of shopping in other parts of Westwood is due to difficulty finding parking with ease .

Thirdly neighbors and community councils have mixed feelings about retaining the small town feel the village exudes. Some residents want many more restaurants.  Residents are concerned about high rise versus low rise, traffic, over development, parking etc. Community organizations are actively discussing the proposed projects.  learn more…http://dailybruin.com/2017/09/27/ucla-students-local-residents-argue-over-proposal-to-increase-housing/

Uniquely, Westwood Village still retains a small town feel. Thursdays draw in locals and people working in the community at the Farmers Market. Surprisingly the area still has historic buildings and many low rise buildings contributing to the era gone by landmarks that sustain memories of the past.

In summary, residents question how the new UCLA proposed 20 story tower would impact the village?  http://dailybruin.com/2017/10/04/westwood-residents-concerned-over-proposals-for-new-student-housing/   Lastly, How do you feel about all the proposed future changes? What would you like to see happen?

For all your real estate needs contact https://www.caronschwartz.com  310-383-0831

farmers market westwood

The future of Westwood Village

Future Student housing Westwood Village

Wilshire Corridor condominium sales January 2018

Wilshire Corridor condominium sales January 2018 include more than 17 sales. Of those sales eight are 2 bedroom condominiums, five are 3 bedroom , three are 1 bedroom,and one is a single.  One of the 3 bedrooms is a combined two unit . Read more to understand about how value is analyzed.

La Tour 3 bedroom condo sold January 2018

Most Important, the  condos vary in price, size, location, location within building, updates, homeowner dues, amenities, etc.  Living on the Wilshire Corridor is a perfect location to live in Los Angeles due to the close proximity to surrounding communities. You can be to Beverly Hills within 5 minutes, Century City, UCLA etc. The many amenities most buildings offer are an added bonus. Homeowner dues can vary from building to building.

Crown Towers condo sold January 2018

Firstly , the two bedroom condos sold are in buildings like the Carlyle,The Regent Wilshire, The Wilshire House, Crown Towers,  Wilshire Marquis, The Grand, Wilshire Thayer,La Tour etc. For example a 2 bedroom /2bath with 1182 square feet at 10501 Wilshire and located on a mid level floor sold for $1,033.00 in one day. This building has utilities that are included views and upgrades.  A 2 bedroom with 1649 sq feet  in 10701 Wilshire sold for 1,049,000.00. Similarly, a two bedroom with 1649 sq feet at 10445 Wilshire on an upper floor sold for $1,295,000. Located at 10535 Wilshire Blvd a 2 bedroom condo with 1646 square feet sold for  $1,070,000.00. 10480 Wilshire, 2 bedroom/3 bath sold for $1,275,000.99 with 1682 square feet. As you can see , prices vary with similar square footage due to factors listed above.

Wilshire Corridor condominium sales January 2018

Secondly , 3 bedroom condominiums vary in price. Some of the ones that sold include 10776 Wilshire for $3,391,112.00 or 10787 Wilshire with 1459 square feet

feet for $3,669,000.00. Similarly 10380 Wilshire condo with 3 bedrooms/4 baths and 2143 square feet sold for $3,900,000.. A double unit in 875 Comstock with 3 bedrooms/4 bath and 2900 square  feet sold for $2,547,000.00.

Conclusively, size, location, building, amenities, homeowner dues, upgrades and location within building views all affect value. If you’re looking for expertise to assist you sell, buy or lease a condominium, contact http://www.caronschwartz.com for all your real estate needs. Call 310-383-0831  http://www.thewilshirecorridorcondos.com

Holmby Hills proposed HPOZ terminated

HOLMBY HILLS PROPOSED HPOZ TERMINATED

 Thinking of buying a home in Holmby Hills?

Holmby Hills proposed HPOZ  terminated on Sept 30, 2016 .

In a letter from Paul Koretz , Council Member to the 5th District for the Holmby Westwood Community, Mr. Koretz announced his reasoning in making this decision .Mr Koretz stated in the letter ,”I have listened and met with all sides and points of view and my office has attended numerous community meetings regarding this issue. The common theme with the Holmby Westwood Community is a strong desire to protect the neighborhood. It is also clear, however, that the proposed HPOZ is not the type of protection a majority of the community is seeking. “ The letter goes on to elaborate this decision further.

At a time when people feel their voice is often unheard by their politicians ,many Holmby Westwood residents feel the voice the majority expressed was heard!. Paul Koretz took a bold move and reversed a proposed HPOZ when he determined the majority of homeowners did not want a HPOZ in this neighborhood. Discussions within the community continue. The entire HPOZ proposal can be viewed online.

Paul Koretz office had to give great consideration to the many voices and differing opinions in the neighborhood. After much thought and communication within the community the office decided it had to redirect their efforts within the community.

Many Los Angeles proposed HPOZ’s continue to be met with opposition and mixed views. Communities like Carthay Circle and Miracle Mile as well as Venice . have proposed HPOZ’s.(http://www.preservation.lacity.org/hpoz ) Many neighborhoods have adopted HPOZ’s and are happy with them. I have received several calls from residents of different districts wanting to understand more about the issues faced by Holmby Westwood  and how they garnered support to stop HPOZ in the Holmby Westwood neighborhood. Presently the ICO and BMO  are in place. The ICO is set to expire in March of 2017. The BMO is in place.What is ICO and HPOZ ? More discussion within the community about what kind of changes they hope to see and what neighbors can do within communities to improve their voice is the result of the HPOZ process . Home buyers in Los Angeles need to know more about these Ordinances in communities that are affected.

What does this all mean for the neighborhood? Holmby Hills proposed HPOZ terminated will pave the way to new discussion about how to maintain the character and quality of a neighborhood as developers seek to maximize square footage and remodel and build within the community. Many believe it will help property values continue to rise in keeping with the economy as potential to remodel homes that come on the market is now less restricted.

Holmby Hills continues to be one of the most sought after communities to live in Westwood. Great schools, proximity to all Los Angeles has to offer, parks, places of worship close by and charming streets make this a highly desirable community to live in. Beverly Hills is within minutes as is Century City and freeway access. Holmby Hills is neighbor to Bel Air and UCLA. Property values continue to rise. For many years homeowners did not sell often in the neighborhood. Many older homes are coming on the market and the lift of some restrictions to build and remodel will bring more change to the neighborhood. Many in the community want to revitalize Westwood Village . There is a tremendous amount of construction of new homes taking place just south of Wilshire in Westwood where similar restrictions have not been in place. Holmby Hills is located North of Wilshire in Westwood.

This 5 bedroom home in Holmby Hills is currently for sale for $6,100,000. potential buyers are relieved to hear they can make changes to the home on this large lot,(22000+ sq ft) with 5110 sq ft. This  home is within minutes of Holmby Park. The grand homes on large lots are highly desirable luxury properties  in Los Angeles. Now that the Holmby Hills proposed HPOZ terminated many in the neighborhood believe that homes will be remodeled with design and sensitivity

Contact https://www.caronschwartz.com for all your real estate needs.  A resident and broker/realtor of Holmby Hills     310-383-0831 of the community.  https://www.youtube.com/watch?v=2GBEelPUDDQ

 

Holmby Hills proposed HPOZ terminated. Home for sale in Holmby Hills

Holmby Hills proposed HPOZ terminated. Home for sale in Holmby Hills

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Holmby Hills home for sale

Holmby Hills home for sale. What will new owners do with the home now that HPOZ is terminated.

Holmby Hills Estate for sale 22,000 plus size lot

Holmby Hills Estate for sale 22,000 plus size lot

Holmby Hills proposed HPOZ terminated

Holmby Hills proposed HPOZ terminated

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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 HPOZ Update

 Construction Holmby Hills

Construction Holmby Hills

Holmby Hills HPOZ Update gives an overview of what has happened in the area regarding new construction and remodeling. There were several meetings taking place throughout July and August 2016 for discussion about the HPOZ for Holmby Hills Westwood neighborhood. HPOZ ? “Historic Preservation Overlay Zone”.(What is ICO and HPOZ ?)

Proponents for a HPOZ and Anti HPOZ residents met a few times at St. Aidan’s Church in Westwood to discuss their views. (July 14, and July 21 2016) The proponents for HPOZ have been preparing the HPOZ for this area for several years .Many residents formed a large STOP HPOZ committee. Residents expressed they had not been informed or felt misinformed about the proposed HPOZ. Over 500 residents expressed their opposition to a HPOZ. A large amount of written comments, comment cards, and verbal comments were collected and expressed at the meetings .Some homeowners created a petition and contacted their City Council. Some residents felt the restrictions violated their Civil Rights. Some residents didn’t want colors restricted. landscaping, and materials for windows to name a few objections. Furthermore other homeowners didn’t want any restrictions. Other residents felt the only way to protect the character and preserve the community would be through a HPOZ. This community came forward to take action that affects their neighborhood and its future. Value and freedom of choice is very important to the homeowners. Additionally, maintaining the character of the neighborhood and how residents will to do that must be decided.

As a result of the meetings and comments, the proposed Holmby Westwood HPOZ will not be put on agenda for the August 18, 2016 Cultural Heritage Commission hearing. In addition, it will not be put on agenda for the September 22, 2016 City Planning Commission hearing . All the input is now being analyzed .Postponing these meetings will give the Council more time to review.The current HPOZ draft (http://preservation.lacity.org/sites/default/files/Presentation_Public%20Hearing%207-28-16%20FINAL.pdf ) is a proposed guideline.

Holmby Hills HPOZ Update

Holmby Hills HPOZ Update

Similarly, many residents stated they do not want their rights regarding their homes determined by a committee. Furthermore, they do not want a more bureaucratic process , more fee’s, restrictions, and increased length of time for permits. Some residents felt homeowners  who have already remodeled would be more fortunate than those who contemplate remodeling and renovations in the future under the current HPOZ proposition .The HPOZ proponents feel that the guidelines can be developed to please residents.

In Conclusion, The City of Los Angeles will be reviewing the matter in the coming months.  Open the above links to understand more about the various issues, history of the neighborhood, architects of Holmby Hills, and styles of homes, What do you think? Your opinion matters. Be aware, be involved! Stay informed, Share your comments. Holmby Hills HPOZ Update

(What is ICO and HPOZ ?)

Contact https://www.caronschwartz.com for all your real estate needs. 310-383-0831

 

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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 Westwood things to do

Holmby Hills Westwood things to do, will focus on the Fowler Museum This free museum in Los Angeles is right in our community but many people don’t know about this wonderful treasure filled space. Pass the UCLA sculpture gardens or the botanical gardens on your way to this exciting day trip.

Holmby Hills Westwood things to do includes places to dine like Tender Greens which will be coming to Westwood soon, or take a picnic from the delicious Sushi Bar that has just been installed in Ralphs. Pick up teriyaki chicken and rice combo with salad from Gushi Westwood fast food. Stop into Whole foods and eat what you choose from their deli, try the brownies at Didi Reese. There are so many choices. See my restaurants in Westwood list on website https://www.caronschwartz.com

The Fowler museum is currently showing” Making Strange” by artist Vivan Sundaram .

Art of Vivan Sundaram .Holmby Hills Westwood things to do

Art of Vivan Sundaram .Holmby Hills Westwood things to do

This Dehli based artist uses recycled materials in Fashion to create art. As part of the” Sahmat Collective Art and Activism Exhibit” you will see many interesting works of art. There is also the exhibit “The Art of Hair in Africa”,”and  Singular Spaces-the eccentric to the extraordinary. Spanish Art Environments”  .There are many other exhibits including” Reflecting Culture”,251 Objects.The Fowler museum is located on UCLA campus . http://www.fowler.ucla.edu/

Contact me for more information about Westwood. http://www.thewilshirecorridorcondos.com  Westwood is a wonderful place to live in Los Angeles with great public schools, close access to all private schools and some of the greatest homes in Los Angeles. To learn more about Westwood Real Estate and Holmby Hills real estate give me a call. I would love to help you find the home of your dreams. There is so much to do in Westwood  There are several parks close by with a Westwood Recreation Center( http://www.laparks.org/dos/reccenter/facility/westwoodRC.htm ) offering activities like yoga, racketball, basketball, ceramics,Olympic pool, tennis ,Aidan’s Park,etc.

Holmby Hills in Westwood is a wonderful community that continues to appreciate in value. Holmby Hills and Westwood  real estate in Los Angeles is a great investment. It is a community with many places of interest within walking distance of UCLA and Westwood Village. When considering housing UCLA, Westwood  is a great place to purchase real estate near UCLA and have the convenience of so many places to go. Why rent when you can own and go to UCLA. Living along the Wilshire Corridor you can walk to many museums and enjoy  many restaurants along Westwood Blvd as well.  Homby Hills Westwood things to do has many more chapters to explore. View my website further to find out more about Westwood.   http://www.housesinwestwood.com    http://www.belairnewsletter.com  http://www.holmbyhillsrealestatetoday.com    http://www.centurycitycondostoday.com

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The Art of Hair in Africa

The Art of Hair in Africa

The Sahmat Collective art in Holmby Hills Westwood things to do

The Sahmat Collective art in Holmby Hills Westwood things to do

Westwood Newsletter

Westwood

Westwood News

The Westwood Newsletter was set up to inform people about new developments and the exciting things happening in Westwood Village, Los Angeles. As the home of UCLA, there are always new events, exhibitions, restaurants and luxurious residential real estate properties for sale and lease in Westwood Village. The Westwood Newsletter summarizes important information about the dynamic community that supports Westwood, the Wilshire Corridor, Holmby Hills, Bel Air and  surrounding communities. Check out the Westwood Newsletter for Feb 2015 below! Currently Ralphs is making big changes. There are new Restaurants opening. The Armand Hammer Museum and  the Fowler Museum are located in Westwood. Everything you want to find about real estate in Westwood. Housing close to UCLA, Rentals in Westwood, homes for sale in Westwood, housing close to UCLA hospital, corporate housing, leases in Westwood. etc. This has always been an active community. It is easy to walk everywhere in Westwood. To view more restaurants in Westwood, see my website at https://www.caronschwartz.com  and look under Westwood restaurants for a list.

Westwood Newsletter Feb 2015

Westwood Newsletter

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For more information about property listings in Westwood, the Wilshire Corridor, Holmby Hills, Bel Air, Downtown LA and many other communities in Los Angeles, visit:

http://www.wilshirecorridor.net

http://www.thewilshirecorridorcondos.net

http://www.thewestwoodnewsletter.com

http://www.Westwoodcaliforniarealestate.com