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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

10747 Wilshire 1004 condominium sold

10747 Wilshire 1004 condominium sold over asking. It was listed on the market for $535,000. This listing sold very quickly with more than 9 multiple offers. Selling price was over $580,000.00 . This condo sold way over asking due to  high demand.

Professionals like to live in the area due to amenities the Wilshire Corridor buildings have to offer. Employees of UCLA, and UCLA hospital, businesses located in the area are all potential buyers of condominiums in Westwood. Families that want to be in a good school district  like to  purchase condominiums in Westwood. Parking, Valet, Security, and close proximity to so many places make Westwood an ideal location to buy a condominium.

Many students at UCLA looking for housing like to buy condominiums in the area. With average rent costing $3900 monthly for a one or two bedroom , the annual cost of $49,360.00 can often be utilized towards ownership of property. Sometimes utilities are included in this average review of the cost of housing for a UCLA student.

This condominium on the Wilshire Corridor has one bedroom and an additional room that could be a 2nd bedroom or den. It has 2 bathrooms and is 859 sq. ft. The building is a security building with doorman  and has a pool. Best of all it is minutes to Westwood Village, UCLA, public transportation, Beverly Hills, Century City ,Freeways and Brentwood.

Firstly, you can go to Westwood to eat, shop, exercise,and visit theaters. there are many places of worship close by. UCLA campus and UCLA hospital are within minutes. The public library, Armand Hammer Museum, etc. are great neighborhood assets.

Secondly, you can’t ask for better value. Water is included in your low HOA dues. At $623.00 per sq ft the building offers one of the lowest HOA on the Wilshire Corridor. Save money on transportation . You are minutes to Ralphs market, Trader Joes  Whole Foods, Target etc.

Lastly, living in Westwood you can access so many areas in Los Angeles easily. There are many parks and restaurants Contact https://www.caronschwartz.com310-383-0831 for all your real estate needs. #UCLA

http://www.thewilshirecorridorcondos.com

10747 Wilshire 1004 condominium sold

10747 Wilshire 1004 condominium sold

 

 

 

Wilshire Corridor condominium sales January 2017

Wilshire Corridor condominium sales January 2017. What has sold this first month of the year? There were 8 listings that sold on the Wilshire Corridor. Seven of the listings were 2 bedroom units and 1 three bedroom condominium sold.

Why buy a condominium on the Wilshire Corridor? Convenience, close proximity to all Los Angeles has to offer a,d security and amenities are the main reasons people like to buy on the Corridor. It’s a great value. You have amenities like gym, valet parking, security, concierge, pool, little maintenance, possibly tennis etc. You are minutes to Beverly Hills, UCLA, freeways, Century City and more.

Wilshire Corridor Sale 3 bedroom condominium

Wilshire Corridor Sale 3 bedroom condominium

Wilshire Corridor condominium sales January 2017 feature a 3 bedroom, 5 bath in the Blair house with spectacular views and 4773 square feet. This unit sold for $5,250,000,00. The condominium needed updating.

This featured condominium sold in January is located in 10727 Wilshire . This condo is located on the second floor. This condo is 1801 square feet with beautiful modern interiors.  Tree top views can be seen from this lower floor condo.

January 2017 Wilshire Corridor Sales 10727

January 2017 Wilshire Corridor Sales. 10727 Wilshire Blvd.

There were two 2 bedroom condominiums that sold in Ten Five Sixty . This condominium building on the Wilshire Corridor has amenities pool, gym, concierge, valet,etc. One condo was on the 8th floor with 1935 sq feet selling for $1,498,000. The other unit was on the 14th floor with 2152 sq feet selling for $1,595,000.  Square foot price varies between $741. and $774. Both of these condominiums had been updated.

If you are looking for a condominium for sale on the Wilshire Corridor, contact me for professional expertise at 310-383-0831.  https://www.caronschwartz.com 
http://www.thewilshirecorridorcondos.com 

 

 

 

Wilshire Corridor Condominium Sales October 2016

Wilshire Corridor Condominium Sales October 2016 include 11 condominium sales. I’d like to tell you about some of those sales so you have a better understanding of the sales on the Wilshire Corridor. Of the 11 sales noted, 2 are 1 bedroom, 7 are 2 bedrooms, 2 are 3 bedrooms. Prices vary based on size, sq ft, bedrooms, views, floor, exposure, updating, amenities in building, age of building etc. I have many video’s about the buildings along the Wilshire Corridor that are very informative and can be accessed through my website https://www.caronschwartz.com

In October 2016 there were 2 one bedroom condominiums sold for $465,000.00 and $507,000.00. Both were under 1000 square feet. Amenities in the Wilshire Selby West and Crown Towers differ as does location, square footage and upgrades in the units.

7 two bedroom condominiums sold ranging from $484,000.00 to $2,750,000.00  . The Grand condominiums had 2 two bedroom units that sold. They couldn’t be more different! One had been updated, the other had not been. The updated unit sold for $940,000.00 1722 sq ft facing South . with 72 days on the market. The other condominium sold for $938,000.00 with 1940 sq ft has Northwest and green views. It was on the market 127 days . A two bedroom condominium  at  The Wilshire Selby sold for $484,000 ! It has 964 sq ft.

Buying a condominium on the Wilshire Corridor requires expertise to analyze the units. I am familiar with all the buildings which helps you compare values.

One of the two bedroom Wilshire Corridor condominium sales October 2016 was in The Wilshire. This is a two story 24th floor condominium that sold for $1,865,000. Along with exceptional views, it is unusual to have a two story unit. It has 2397 sq feet with direct access private entry from the elevator.  A two bedroom in the Blair House at 10490 Wilshire with 2776 sq feet sold for $2,348,000.00. The Remington at 10727 Wilshire.  had a 2 bedroom sale with 2929 sq feet. The sales price was $2,759,000.00. Each of these buildings has different amenities to offer and accounts for some of the differences in prices.

Wilshire Corridor Condominium sales October 2016 2 bedroom The Wilshire Condominium.

Wilshire Corridor Condominium sales October 2016 2 bedroom The Wilshire Condominium.

The 3 bedroom condos sold in October 2016 include a penthouse at 10433 Wilshire .The penthouse has updated sleek European white kitchen .(see pictures) .Wood floors throughout , Toto bathrooms,and amazing views of Bel Air from the living room . The other 3 bedroom condo that sold was in the Park Wilshire at 10724 Wilshire for $1,291,875.00 has 2746 sq ft .

Each month there are many different condominiums for sale along the Wilshire Corridor. Let me help you find or sell the home of your dreams.  For all your real estate needs contact   Caron Schwartz  310-383-0831   https://www.caronschwartz.com

The Remington condominiums 2 bedroom 2929 sq ft sold

The Remington condominiums 2 bedroom 2929 sq ft sold

 Crown Towers 1 bedroom condominium sold

Crown Towers 1 bedroom condominium sold

Wilshire Selby 1 bedroom condominium sold

Wilshire Selby 1 bedroom condominium sold

 2 bedroom with den Sold Blair House

2 bedroom with den Sold Blair House

3 bedroom Park Wilshire Condominium Sold

3 bedroom Park Wilshire Condominium Sold

Wilshire Corridor 3 bedroom Penthouse 10433 Wilshire Blvd Sold

Wilshire Corridor 3 bedroom Penthouse 10433 Wilshire Blvd Sold

 

Wilshire Corridor Sales October 2016 10433 Wilshire Penthouse

Wilshire Corridor Sales October 2016 10433 Wilshire Penthouse

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Wilshire Corridor Condominium Sales November 2016

Wilshire Corridor Condominium Sales November 2016 include 19 sales . There were several 1 bedroom condominiums sold . A contemporary 1 bedroom with 538 sq feet sold on a high floor in the Wilshire Regent at 10501 Wilshire for $530,000.00. This building has utilities included in HOA fees running approximately $600.00+. Low for the Wilshire Corridor  . Several units sold in the Wilshire Comstock . A one bedroom condominium sold for $686,500.00 with 1200+ sq feet and was updated.  Other sales were in The Dorchester, The Blair House, The Wilshire etc.
A two bedroom at 10590 Wilshire located on the 10th floor in The Westholme , updated and over 2200 sq feet sold for $1,288,000.00. A2 bedroom with den and over 2400 sq feet sold for $2,200,000.00 in the Wilshire House.

Wilshire Corridor Condominium sales

Wilshire Corridor Condominium sales November 2016

Sold furnished 3 bedroom 10776 Wilshire mid floor $4,000,000 3407 sq ft

Sold furnished 3 bedroom 10776 Wilshire mid floor $4,000,000 3407 sq ft

Wilshire Corridor Condominium Sales November 2016 include three bedroom condominiums, always in high demand, sold in various buildings.

Several condos in The Carlyle at 10776 Wilshire sold with 3 bedrooms. The higher the floor the higher the sales price. This month in the Carlyle condominiums, a three bedroom with 5 bathrooms and 5013 square feet sold for $7,750,000.00 . In the Carlyle, a 3 bedroom ,5 bath unit with 3407 sq feet sold for $4,000,000.00 furnished. It included a maids unit with the sale.

Wilshire Corridor Condominium Sales November 2016 included a sale in 10380 Wilshire, La Tour . This 3 bedroom sold for $2,487,000.00 with South facing views on the 3d floor and over 3000 sq ft. In The Churchill, the lowest price 3 bedroom with a 3rd bedroom converted to a den,  sold for $850,000.00 on a mid floor. It needed updating and had over 1700 sq feet.  in the same building  unit 9J,  originally a 3 bedroom unit ,sold for $925,000 with over 2000 sq ft . With remodeling this will be a lovely unit and great value on the Wilshire Corridor. In 10520 Wilshire, the Dorchester, a 3 bedroom sold for $999,000 with over 2000 sq ft. In the Wilshire Terrace which is the only co-op on the Wilshire Corridor a 4500 sq ft apartment sold for $3.2 million. The Wilshire Terrace has unique large outdoor terraces for entertaining.

 Close access to all that Westwood, Beverly Hills UCLA,and Century City have to offer makes the Wilshire Corridor an excellent location to live in Los Angeles. These areas have some of Los Angeles best luxury high-rise condominiums. A carefree lifestyle in high-rise condominiums and apartments that have amenities like pool, gym, valet parking, security etc .allow you more time to enjoy all Los Angeles has to offer.  Contact Caron Schwartz at 310-383-0831 for expertise and handling all your real estate needs. Call 310-383-0831 .  https://www.caronschwartz.com

Wilshire Corridor Condominium Sales November 2016 10450 Wilshire Sold $995,000

Wilshire Corridor Condominium Sales November 2016. 10450 Wilshire Sold $995,000

Wilshire Corridor Comstock 1200+ sq ft $686,500

Wilshire Corridor Comstock 1200+ sq ft $686,500

Penthouse Wilshire Corridor at 10776 Wilshire

Penthouse Wilshire Corridor at 10776 Wilshire

The Westholme on the Wilshire Corridor with 2299 sq ft 2 bedroom

The Westholme on the Wilshire Corridor with 2299 sq ft 2 bedroom

Wilshire Corridor Condominium Sales November 2016 1 bedroom Sold

Wilshire Corridor Condominium Sales November 2016 1 bedroom Sold

Wilshire Terrace garden terrace

Wilshire Terrace garden terrace

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Condominiums for Sale Wilshire Corridor January 2017

Condominiums for Sale Wilshire Corridor January 2017. We are off to a new year of sales . The Wilshire Corridor is one of Los Angeles most exciting areas with luxury condominiums for lease, and sale. Whether you are buying or selling , this strip of condominiums that stretches approximately a mile within 5 minutes to Beverly Hills, Century City, Bel Air, UCLA, freeways and Westwood. Within this radius you have shopping, theaters, museums, great schools, places of worship, golf and restaurants.

Currently there are approximately 52 condominiums for Sale Wilshire Corridor January 2017. They include 1,2,and 3 bedroom Condominiums in buildings that have security. Many amenities available include fitness rooms, pool, conference room, entertainment  room, valet parking etc.Living on the Wilshire Corridor means you are close to Westwood, UCLA, Beverly Hills, Century City and freeway access. You are also close to Bel Air, Brentwood, Santa Monica and Hollywood. So whether it is your favorite restaurant, Pilates Studio, movie theater, or friend you want to visit, you are located in a central location.

Choosing a condominium to buy on the Wilshire Corridor requires you know a price point you are interested in. Contact me to help you research what is available, what you can purchase for your budget. You must know how many bedrooms you would like. It is important to know if you want to update or prefer something that is newer. Other price differences will be due to age of the building, location within the building, amenities, homeowner dues, etc.

Westwood is a neighborhood that has all the conveniences important in the area you reside.  Whole Foods, City Target, Ralph’s, Trader Joes, Bristol Farms, and Sprouts stores are close by.  There are so many restaurants with every type of food. There are parks and great schools. Theaters are close by.I have other blog posts about the things to do in Westwood.  Having lived and worked in the neighborhood for over 20 years I provide you with first hand knowledge.  If you would like information about the Wilshire Corridor and all that the neighborhood has to offer contact me at 310-383-0831 https://www.caronschwartz.com 

View the available properties on the link below: Contact me for further detail and to set up appointments to show you properties for sale.

Condominiums for Sale on Wilshire Corridor – January 2017

Penthouse for Sale WIlshire Corridor $20,000,000.00

Penthouse for Sale Wilshire Corridor $20,000,000.00

condominiums for sale Wilshire Corridor January 2017

condominiums for sale Wilshire Corridor January 2017

Wilshire Corridor penthouse 2 bedroom ,1291 sq ft , $1299,000 for sale

Wilshire Corridor penthouse 2 bedroom ,1291 sq ft , $1299,000 for sale

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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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