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Dom Naidoo - Pacific Palisades Real Estate

Pacific Palisades Real Estate Blog - Friday 09-25-2009 - Palisades Hotsheet

Happy Friday everyone! Here is today's hotsheet for Pacific Palisades. Please contact my office with any questions or showing requests. 310.459.8191 or showings@wsprops.com


Active
TYPE STATUS ADDRESS LIST PRICE BED BATH SF LOT YEAR LIST DATE CH TYPE
1. HOUSE A 554 ALMAR AVE $3,950,000 6 5.50 5,900 7,080 2008 12/15/08 Extended
2. HOUSE A 554 ALMAR AVE $3,950,000 6 5.50 5,900 7,080 2008 12/15/08 Price Change
3. HOUSE A 1141 DONAIRE WAY $2,895,000 5 5.50 4,250 9,592 04/21/09 Price Change
4. HOUSE A 609 LAS LOMAS AVE $3,499,000 7 7.50 6,870 9,191 2008 05/01/09 Back On Market
5. HOUSE A 1020 LAS PULGAS RD $1,279,000 4 3.00 1,577 9,127 1953 08/04/09 Price Change
6. HOUSE A 815 HARTZELL ST $1,749,000 4 3.50 2,715 5,200 1996 09/17/09 Active
7. HOUSE A 734 JACON WAY $1,599,000 4 3.00 3,190 10,210 1956 09/17/09 Active
8. HOUSE A 400 LOMBARD AVE $2,395,000 5 3.50 3,791 5,160 1991 09/17/09 Active
9. HOUSE A 16754 EDGAR ST $1,150,000 2 2.00 1,236 5,052 1950 09/21/09 Price Change
10. HOUSE A 1280 CAPRI DR $3,199,000 4 3.50 0 16,700 1955 09/24/09 New Listing
11. CONDO A 1784 PALISADES DR $870,000 2 3.00 1,955 1978 09/17/09 Active
12. CONDO A 1750 Palisades Drive $685,000 2 3.00 1,568 363,117 1978 09/24/09 New Listing
13. LEASE A 609 LAS LOMAS AVE $15,900 7 7.50 6,870 9,191 2008 05/08/09 Back On Market
14. LEASE A 1472 PALISADES DR $3,200 2 2.50 2,126 3,693 1983 07/19/09 Price Change
15. LEASE A 726 ENCHANTED WAY $4,900 4 2.00 1,999 8,769 1957 08/14/09 Price Change
Looking For Backup
16. HOUSE B 717 El Medio Ave $1,800,000 4 4.00 2,966 7,927 1942 08/25/09 Looking for Backup

Sold
PTYPE STATUS ADDRESS LIST PRICE BED BATH S.F. LOT YEAR SALE PRICE CH TYPE
17. HOUSE S 1117 NAPOLI DR $2,895,000 4 4.50 3,945 13,119 1962 $2.7M Sold
18. LEASE S 746 PALISADES DR $5,500 3 3.00 2,547 10,280 1995 $5,350 Sold
Expired
19. HOUSE X 16879 CALLE DE SARAH $2,679,000 5 5.50 4,621 26,379 1995 Expired
20. LAND X 300 VIA NICHOLAS $4,395,000 0.00 0 57,745 Expired
21. LEASE X 18063 SANDY CAPE DR $7,500 4 3.00 2,916 22,900 1965 Expired
Withdrawn
22. HOUSE W 1006 HARTZELL ST $1,899,000 4 2.50 2,304 5,200 1925 Withdrawn
Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright © 2009 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed.

Thank you for choosing

To preview the finest real estate and the best deals on the Westside of Los Angeles including Pacific Palisades, Santa Monica, Malibu, Brentwood, Bel Air, Beverly Hills, West L.A., Marina Del Rey & Mar Vista please visit our website: http://www.westsidehomefinder.com/ When you are ready to view the properties or just have a question, please contact us: 310.459.8191 or info@wsprops.com PACIFIC PALISADES SANTA MONICA MALIBU BRENTWOOD

BEVERLY HILLS WESTWOOD/CENTURY CITY MARINA DEL REY

VENICE TOPANGA CULVER CITY PLAYA DEL REY PLAYA VISTA

WEST L.A. BEL-AIR BEVERLY HILLS PO BEVERLY CENTER/MIRACLE MILE
Westside Properties

(310) 459-8191 office

(310) 494-0169 fax

First Time Home Buyers

info@wsprops.com

www.WestsideHomeFinder.com

Culver City - Heart of Screenland - Wednesday 09-23-2009

Westside Properties
 

Culver City is a city in western Los Angeles County, California. As of the 2000 census, the city had a population of 38,816. The community is mostly surrounded by the city of Los Angeles, but also has a border with unincorporated areas of Los Angeles County.

Since the 1920s, Culver City has been a significant center for motion picture and later television production, in part because it was the home of MGM Studios. It also was the headquarters for the Hughes Aircraft Company from 1932 to 1985. National Public Radio West and Sony Pictures Entertainment now have headquarters in the city.

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The area of Culver City was earlier inhabited by Gabrielino Native Americans. The city was founded primarily on the lands of the former Rancho La Ballona and Rancho Rincón de los Bueyes. From 1861 to 1862, during the American Civil War, Camp Latham was established by the 1st California Infantry under Col. James H. Carleton and the 1st California Cavalry under Lt. Col. Benjamin F. Davis. Camp Latham was named for California Senator Milton S. Latham and was the first staging area for the training of Union troops and their operations in Southern California. It was located on land of the Rancho La Ballona, on the south side of Ballona Creek, near what is now the intersection of Jefferson and Overland Boulevards. The post was later moved to Camp Drum later the Drum Barracks

Culver City was founded by Harry Culver in 1913, and the city was incorporated on September 20, 1917. (His first ads read "All roads lead to Culver City" indicating a main transportation route via the city.)

The first film studio in Culver City was built by Thomas Ince in 1918. In the 1920s, silent film comedy producer Hal Roach and Metro Goldwyn Mayer (MGM) built studios there. During Prohibition, speakeasies and nightclubs such as the Cotton Club lined Washington Boulevard.

Happy New Homeowners

 

Pacific Palisades Real Estate Blog - Tuesday 09-22-2009 - Banks Bailing out U.S. Government?

Happy Tuesday everyone. Now this is an interesting twist! I found this article on MSNBC very interesting as we now "need" the banks to bail out the goverment. You be the judge. Here's the article.....

WASHINGTON - Tired of the government bailing out banks? Get ready for this: officials may soon ask banks to bail out the government.

Senior regulators say they are seriously considering a plan to have the nation's healthy banks lend billions of dollars to rescue the insurance fund that protects bank depositors. That would enable the fund, which is rapidly running out of money because of a wave of bank failures, to continue to rescue the sickest banks.

The plan, strongly supported by bankers and their lobbyists, would be a major reversal of fortune.

A hallmark of the financial crisis has been the decision by successive administrations over the last year to lend hundreds of billions of taxpayer dollars to large and small banks.

This story, "F.D.I.C. May Borrow Funds From Banks," originally appeared in The New York Times.

'Least worst options'
"It's a nice irony," said Karen Shaw Petrou, managing partner of Federal Financial Analytics, a consulting company. "Like so much of this crisis, this is an issue that involves the least worst options."

Bankers and their lobbyists like the idea because it is more attractive than the alternatives: yet another across-the-board emergency assessment on them, or tapping an existing $100 billion credit line to the Treasury.

The Federal Deposit Insurance Corporation, which oversees the fund, is said to be reluctant to use its authority to borrow from the Treasury.

Under the law, the F.D.I.C. would not need permission from the Treasury to tap into a credit line of up to $100 billion. But such a step is said to be unpalatable to Sheila C. Bair, the agency chairwoman whose relations with the Treasury secretary, Timothy F. Geithner, have been strained.

"Sheila Bair would take bamboo shoots under her nails before going to Tim Geithner and the Treasury for help," said Camden R. Fine, president of the Independent Community Bankers. "She'd do just about anything before going there."

Bankers worry that a special assessment of $5 billion to $10 billion over the next six months would crimp their profits and could push a handful of banks into deeper financial trouble or even receivership. And any new borrowing from the Treasury would be construed as a taxpayer bailout that could open the industry to a political reaction, resulting in a wave of restrictions like fresh limits on executive pay.

Please click this link for the full story: Banks to Bail the goverment out

Happy New Homeowners

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To preview the finest real estate and the best deals on the Westside of Los Angeles including Pacific Palisades, Santa Monica, Malibu, Brentwood, Bel Air, Beverly Hills, West L.A., Marina Del Rey & Mar Vista please visit our website: http://www.westsidehomefinder.com/ When you are ready to view the properties or just have a question, please contact us: 310.459.8191 or info@wsprops.com

PACIFIC PALISADES SANTA MONICA MALIBU BRENTWOOD

BEVERLY HILLS WESTWOOD/CENTURY CITY MARINA DEL REY

VENICE TOPANGA CULVER CITY PLAYA DEL REY PLAYA VISTA

WEST L.A. BEL-AIR BEVERLY HILLS PO BEVERLY CENTER/MIRACLE MILE

This story, "F.D.I.C. May Borrow Funds From Banks," originally appeared in The New York Times.

Pacific Palisades Real Estate Blog - Sunday 09-20-2009 - Today's Featured Restaurant

Bay Cities

A Tradition In Santa Monica Since 1925

Gourmet Market Specializing In:
Italian specialty foods, Argentine, Greek, French and
Middle Eastern Groceries
Fresh Pasta Made On Site
Italian Bread & Rolls Baked every 20 minutes!
Espresso Bar

· Sfogliatelle • Cannoli

Gourmet Cheese Shop and Olive Bar
Full Service Deli

· Party Trays • Gift Baskets

Imported Liqueurs and Wines of The World
Housewares • Espresso Machines

Bay Cities
Italian Deli & Bakery

1517 Lincoln Blvd.,
Santa Monica, CA 90401
310-395-8279 bcdeli.com

ON-LINE ORDERING @ bcdeli.com

OPEN TUESDAY - SATURDAY 9-7 SUNDAY 9-6 CLOSED MONDAYS

I cannot count the amount of good times I've had at Bay Cities since I was a kid! Such great food at a good price!

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To preview the finest real estate and the best deals on the Westside of Los Angeles including Pacific Palisades, Santa Monica, Malibu, Brentwood, Bel Air, Beverly Hills, West L.A., Marina Del Rey & Mar Vista please visit our website: http://www.westsidehomefinder.com/ When you are ready to view the properties or just have a question, please contact us: 310.459.8191 or info@wsprops.com

PACIFIC PALISADES SANTA MONICA MALIBU BRENTWOOD

BEVERLY HILLS WESTWOOD/CENTURY CITY MARINA DEL REY

VENICE TOPANGA CULVER CITY PLAYA DEL REY PLAYA VISTA

WEST L.A. BEL-AIR BEVERLY HILLS PO BEVERLY CENTER/MIRACLE MILE

Pacific Palisades Real Estate Blog - Saturday 09-19-2009 - Listing Agreements

Listing homes for sale Once you've selected a REALTOR® to market and sell your property, you and the agent will enter into a written, legally binding contract called a listing agreement. The CALIFORNIA ASSOCIATION OF REALTORS® offers its own official agreement for California REALTORS®, the Residential Listing Agreement (Exclusive Authorization and Right to Sell) (LA-11). This standard form stipulates all agreement terms, including the listing price, the listing time period, the broker's commission and more. It also informs the seller of issues and legal requirements that may be involved in the process.

The Exclusive Agency Listing Agreement (EA-11) is another C.A.R. standard form providing generally the same provisions as the LA-11. The primary difference between the two standard forms is that the LA-11 specifies that the seller's REALTOR® will receive a commission on the home's sale regardless of how the buyer is located, whether it be through the seller's REALTOR®, another REALTOR®, the seller's own initiative or any other means. By contrast, the EA-11 requires that the seller's REALTOR® will only be paid if the buyer is procured by the seller's REALTOR® or any other REALTOR®.

Before you enter into a listing agreement, you'll want to thoroughly understand all the terms and each party's respective roles -- information that your REALTOR® can provide.

To preview the finest real estate and the best deals on the Westside of Los Angeles including Pacific Palisades, Santa Monica, Malibu, Brentwood, Bel Air, Beverly Hills, West L.A., Marina Del Rey & Mar Vista please visit our website: http://www.westsidehomefinder.com/ When you are ready to view the properties or just have a question, please contact us: 310.459.8191 or info@wsprops.com

PACIFIC PALISADES SANTA MONICA MALIBU BRENTWOOD

BEVERLY HILLS WESTWOOD/CENTURY CITY MARINA DEL REY

VENICE TOPANGA CULVER CITY PLAYA DEL REY PLAYA VISTA

WEST L.A. BEL-AIR BEVERLY HILLS PO BEVERLY CENTER/MIRACLE MILE