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About Los Angeles' Westwood

Westwood Real Estate Market Report 2011

Jane Peters - Los Angeles Real Estate (310-473-6919): Real Estate Agent in Los Angeles, CA

When buying or selling property in Westwood you may want to check out how the market did in 2011.

Single family homes in Westwood have been split into price range. The Westwood condo market will include Wilshire Corridor condos, already the subject of a previous market report.Westwood

What is Market Absorption?

Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market.

6 months worth of inventory is a balanced market. Under 6 months is a sellers’ market, and anything over 6 months is a buyers’ market.

Westwood Under $2M
The Westwood single family home market under $2 million remains a sellers’ market. Inventory is low, and the median price is creeping up. If priced right, a Westwood home seller in the under $2 million range can expect a reasonable fast sale. Buyers are always looking for good new inventory.

Westwood 2-5
With only 5 active listings, the sellers of Westwood homes between $2-5M can expect a fast sale, with little difference over 2010′s figures
.

Westwood over 5The Westwood luxury housing market, homes over $5M definitely favors those buyers willing to take a plunge. There were actually 4 homes sold over the past 3 months to one year, but it has been eliminated from the report in order not to skew the figures too much. That was the Candy Spelling mansion which sold for $85M at 50% of the listing price.
Westwood Condos

The Westwood condo market has moved slightly towards a sellers’ market and is fairly healthy. The median price is down some, but number of sales and price per sq. ft. is up.

Previous Reports

Buying or Selling Westwood Los Angeles Real Estate – Check out the Market

Showing properties 1 - 15 of 25. See more Westwood Homes for Sale.
(all data current as of 1/16/2012)

  1. 0 medium Westwood Housing Market Report 2011
    3 beds, 3.0 baths
    Home size: 2,153 sq ft
    Lot size: 7,695 sq ft
    Year built: 1939
    Days on market: 4
  2. 0 medium Westwood Housing Market Report 2011
    4 beds, 4.5 baths
    Home size: 3,900 sq ft
    Lot size: 17,031 sq ft
    Year built: 1937
    Parking spots: 6
    Days on market: 5
  3. 0 medium Westwood Housing Market Report 2011
    7 beds, 10.0 baths
    Lot size: 1.49 ac
    Year built: 1932
    Parking spots: 7
    Days on market: 5
  4. 0 medium Westwood Housing Market Report 2011
    3 beds, 2.5 baths
    Home size: 1,725 sq ft
    Lot size: 6,600 sq ft
    Year built: 1926
    Parking spots: 5
    Days on market: 6
  5. 0 medium Westwood Housing Market Report 2011
    6 beds, 7.5 baths
    Home size: 5,533 sq ft
    Lot size: 16,944 sq ft
    Year built: 1938
    Days on market: 7
  6. 0 medium Westwood Housing Market Report 2011
    4 beds, 4.0 baths
    Home size: 4,248 sq ft
    Lot size: 11,620 sq ft
    Year built: 1935
    Days on market: 7
  7. 0 medium Westwood Housing Market Report 2011
    4 beds, 4 full baths
    Home size: 2,571 sq ft
    Lot size: 6,621 sq ft
    Year built: 1940
    Parking spots: 2
    Days on market: 10
  8. 0 medium Westwood Housing Market Report 2011
    5 beds, 7.5 baths
    Home size: 8,224 sq ft
    Lot size: 1.01 ac
    Year built: 1988
    Parking spots: 10
    Days on market: 47
  9. 0 medium Westwood Housing Market Report 2011
    4 beds, 3 full, 2 part baths
    Home size: 3,267 sq ft
    Lot size: 7,040 sq ft
    Year built: 1938
    Parking spots: 9
    Days on market: 56
  10. 0 medium Westwood Housing Market Report 2011
    4 beds, 3 full, 2 part baths
    Home size: 6,167 sq ft
    Lot size: 22,389 sq ft
    Year built: 1932
    Parking spots: 9
    Days on market: 64
  11. 0 medium Westwood Housing Market Report 2011
    3 beds, 2.5 baths
    Home size: 2,125 sq ft
    Lot size: 8,189 sq ft
    Year built: 1939
    Parking spots: 3
    Days on market: 71
  12. 0 medium Westwood Housing Market Report 2011
    4 beds, 3.5 baths
    Home size: 3,290 sq ft
    Lot size: 17,119 sq ft
    Year built: 1939
    Days on market: 75
  13. 0 medium Westwood Housing Market Report 2011
    3 beds, 3.0 baths
    Home size: 3,159 sq ft
    Lot size: 10,214 sq ft
    Year built: 1950
    Days on market: 76
  14. 0 medium Westwood Housing Market Report 2011
    4 beds, 4.5 baths
    Home size: 4,393 sq ft
    Lot size: 7,275 sq ft
    Year built: 1940
    Days on market: 78
  15. 0 medium Westwood Housing Market Report 2011
    9 beds, 9.5 baths
    Home size: 13,421 sq ft
    Lot size: 1.30 ac
    Year built: 1933
    Days on market: 84

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

Read more: http://www.homejane.com/westwood-housing-market-report-2011.html#ixzz1jkQ7PyOh

Bye Bye Carmageddon, Hello The Rampture

Jane Peters - Los Angeles Real Estate (310-473-6919): Real Estate Agent in Los Angeles, CA

405With Carmageddon over for this year, the next inconvenience to hit Los Angeles motorists is The Rampture.

Sometime soon two Wilshire Westwood on and off ramps to the 405 will be closed for 90 days. These will be followed by the closure of the other two Wilshire ramps which will last from 14 to 90 days.

Originally scheduled for this month the closures have been pushed back right now to November. The first ramps affected will be the westbound on ramp to the 405 north and the northbound 405 off ramp to westbound Wilshire.

The Westwood area is already congested and this is not going to help and area residents, including UCLA are worried about traffic cutting through their streets especially as Sepulveda Blvd., the designated detour route, is going to be seeing some utility relocation work at the same time.

All this work is part of a $1.034 billion project to add a 10 mile carpool lane on the 405 and flyover ramps, which are intended to ease the notorious congestion in the area.

However, if you can find an alternative route around Westwood, it would be strongly advised. Carmageddon will have had nothing on The Rampture.



View Wilshire 405 On and Off Ramp Closures in a larger map


Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.


Read more: http://www.homejane.com/carmageddon-part-one-is-over-next-the-rampture.html#ixzz1aEW9MkxA

Buying a Home in Los Angeles - Westwood - Century City

Jane Peters - Los Angeles Real Estate (310-473-6919): Real Estate Agent in Los Angeles, CA

You are new to Los Angeles, thinking of buying a home in Los Angeles, but have no idea where to start.

We could use West Los Angeles as an area, but this is such a loose term and there arguments as to what really constitutes West Los Angeles. In my mind West Los Angeles is an area that stretches from Westwood south to Rancho Park and Palms, west to Beverly Hills, and east to Brentwood and Santa Monica, and for the purposes of this post it will be included together with Century City, a small area on the south-east side of West L.A.

Westwood 90024, is the home of UCLA and a mix of commercial and residential with multi million dollar homes and condos and apartment buildings, the latter prevalent near the campus. Westwood Village boasts movie theaters, restaurants and shopping. Westwood is a desirable area for students attending the college.

Search Westwood Homes for Sale

The Wilshire Corridor 90024, also known as The Golden Mile is an approximately 2-mile stretch of high rise, high-priced condo buildings perfect for those looking to downsize and live in pampered luxury.

Search Wilshire Corridor Condos for Sale

Century City 90067, is a commercial and residential district which derives its name from 20th Century Fox and sits on the old back lot of the studios. It is home to many entertainment, law firms and upscale condo buildings, both low and high rise, including the new Century, and it is one of the few areas that offers some nice outdoor space in its complexes.

Search Century City Homes for Sale

West Los Angeles, is a more affordable area on the Westside of Los Angeles. Close enough to UCLA, Santa Monica, Brentwood and Beverly Hills, but easier on the pocket book.

Search West Los Angeles Homes for Sale

Buying a Home in Los Angeles Series Posts Buying a Home in Santa Monica

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to:

Los Angeles real estate needs, don't hesitate to fill out the contact form or give me a call at310-473-6919

      .

3 Bedroom Condo For Sale in Westwood near Westwood Charter School

08-16-11
Mike Bjork
Mike Bjork: Loan Officer in Redondo Beach, CA

3 Bedroom Condo For Sale In Los Angeles California 90025 features 3 Bedrooms and 3.5 Bathrooms with 1,968 Square feet.  The HOA of this 3 Bedroom Condo For Sale near Westwood Charter Elementary School keeps their HOA Dues low and includes earthquake insurance.  This 3 Bedroom Condo For Sale near Westwood Charter Elementary School features fully updated appliances and offers a lot of luxury.  1851 Veteran Avenue #301 is located in Westwood which is in the Los Angeles Unified School District, the High School is University High School and the Elementary School is Westwood Charter Elementary School.  To view this 3 Bedroom Condo For Sale near Westwood Charter Elementary School home please click the “Find Out More” link.   To schedule a private showing, or to get more information I am available right now by calling me at (310) 428-2553 or Start Your Home Search Today!  “Click Here”

 

Get Pre-Approved for this wonderful 3 Bedroom Condo For Sale near Westwood Charter Elementary School property with our Conventional and NoMI Pay Mortgage Expert, Mike Bjork, at First California Mortgage in Redondo Beach at www.CaliforniaMortgageTips.com or call at (310) 694-3544,

For More Information Or To See This Property’s Website Click Here Now

 

1851 Veteran Ave #301
Los Angeles, CA 90025
3 Bedroom Condo in Los Angeles, CA 90025
Price : $699,000
Bedrooms : 3
Bathrooms : 3.5
Square Foot : 1,968
County : Los Angeles
Property Type : Condo or Townhouse
Year Built : 1991
MLS Number : 11-526965



click for more information and pictures
Property Description
Gorgeous, tastefully renovated 3 BR, 3.5 BA condo w/ approx 2000 sf of luxury space in a custom built designed complex. Gracious & Inviting flr plan w/travertine entry, spacious living & dining rooms w/wet bar, fireplace, custom drapery, coffered ceilings & balcony w/ btful tree top views. Perfect flr plan w/ lots of natural light, all BRs with their own full baths, new flooring in all Rms and inside S X S laundry. Fabulous kitchen w/garden window, newer appliances, granite counter tops & lots of cabinet space. Enormous master suite w/ fireplace, walk-in closet, double sinks with granite counter top, separate tub & shower in the master bath. Other features incl crown moldings in all rooms, plenty of closet space, 2-car gated parking, low HOA fee which incl earthquake insurance & located in Westwood Charter School district. Situated in a btful residential neighborhood close to Century City, Beverly Hills, Brentwood & Santa Monica w/easy access to frwys, fine shopping & Entertainment. Get Pre-Approved with our FHA and Conventional Mortgage Expert, Mike Bjork, Mortgage Planner with First Cal Mortgage at (310) 694-3544 or Mike@MikeBjork.com.
Equal Housing Opportunity.

Renting a Property in Los Angeles - Westwood

Jane Peters - Los Angeles Real Estate (310-473-6919): Real Estate Agent in Los Angeles, CA

Renting a Property in Los Angeles

You are moving to Los Angeles and are looking for a rental property.

I thought it might be useful if I broke down the Los Angeles rental property market by area to help you make your decision.

Here we will discuss rental properties available in Westwood.

Westwood, in West Los Angeles, is home to UCLA, and as such, rental properties are at a premium with a mix of:

Single family homes – there are presently 16 available from $4,500 to $25,000 per month

Condos – there are presently 69 available from $1,800 to $29,000 per month.

Of course this is what is available on the MLS.  There are Westwood rental properties not listed, but then you would not be able to utilize the services of a Realtor® who will do the leg work for you and identify the kind of property you are looking for.  Renting a property in Los Angeles is no mean feat.  Why not leave the hard work to someone who can make your life easier.

It is easier to search for Westwood rental properties with your specific criteria when using the MLS.  You can search for the following criteria for example:

No of bedrooms
Laundry inside the unit
Pool
Pets allowed
Type of building
Square footage

Also, if you want a full amenity building you would be renting on The Wilshire Corridor, and those units you are probably only going to find through a Realtor®.

Search Westwood condos for rent

Map of Westwood


View Westwood in a larger map

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you're new to L.A. Town. You'll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs! When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available. If you are an absentee owner, you'll need someone to handle all the details that you can't handle remotely. That's where I come in - I'm there when you can't be. I also specialize in lease property in Los Angeles. Westside Los Angeles Real Estate, including, but not limited to: For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.