I’m super excited about our new listing at 10534 Ayres Ave. The offering is a 2 story attached Single Family Home that’s 1964 square feet (+ an additional 424 sq ft garage) with 3 beds, 2.5 baths, a 2 car garage, and a lush private yard. The house has a formal entry and a gourmet kitchen w/ island + pantry, that opens to the dining room + living room + backyard. The yard has a concrete pad for furniture, planter boxes to grow a garden, a built in gas line + pad for a bbq. Upstairs, the primary suite has a walk-in closet + new bath with shower, and there’s an upstairs family room and so many built-ins between the primary and 2 secondary bedrooms. The 2 car garage has an electric door + car charger, so many cabinets for storage, and a door to the mud room in the house. The whole house has high ceilings & so much sunshine, Ring cameras, ADT alarm with sensors, high end vinyl “hardwood” floors, central HVAC, Hunter Douglas custom window treatments. It’s in an awesome Cheviot location in the award winning Overland School District! The seller is super sharp + sweet (the best combo) and we’re so excited to be working with her a second time!
I’m super excited about Nechama’s listing at 833 Westmount in a cool spot in West Hollywood! The offering is a fourplex that’s a unique makeup of 2 structures, each with 2 units. The front structure has 2 units side by side and the back has an upper and lower unit. The back lower unit, which feels like an owner’s unit, has an enormous backyard. The front unit has a nice sized hedged-in front yard. Each of the four units has 1 bed and 1 bath totaling 4 beds and 4 baths 2572 sq ft on a 6966 sq ft lot on a central tree lined West Hollywood block. The units are nicely remodeled with timeless finishes. 3 out of the 4 units come with on site parking. The offering is priced to sell and positioned to get multiple offers!
I’m super excited for our new lease listing at 311 N Mansfield, the upper unit of what my team believes is the most beautiful duplex unit in town! The living room is magnificently pitched, with beautiful beams. The gray paneled den over the driveway, with built in wet bar, is sleek and sophisticated. The kitchen with center island has so much countertop and storage space. The primary suite is large and its attached bathroom is designer done and has both a freestanding tub and shower. There are 2 secondary bedroom suites + a powder bath. With a private 2 car garage, central HVAC, hardwood floors, and bespoke finishes and fixtures, this place is one of a kind! It’s available and ready to show!
It was so fun to deliver keys to the best buyer on Friday afternoon at 503 N Formosa! I have a running theory that sellers attract buyers who are just like them. It proved so true on this property! I met the buyer when she called for a private showing, and then we met again for a second showing, and then again for a third showing, and every interaction throughout the transaction was a total treat! I’m excited because the sellers are the loveliest people who created a truly special house, and I know that the buyers are going to be thrilled living in it!
We have a listing coming up that I’ve been looking forward to since my first conversation with the sellers January 22, 2019! We have a house in escrow with sellers we’ve been talking to since March of 2020! I’m talking to a seller who says he’s close to being ready to decide to sell his house and we’ve been talking since June 21, 2018! A prospective seller reached out today and we’ve been talking since February 28, 2019! So many people are super attached to their house, and from the time they think they might want to sell until the time they actually sell is a lengthy mental and emotional decision process. It’s fun when they make their decision :)!
Interest rates went down!!! I emailed Wells Fargo at the beginning of the week for rates on a loan amount of 1,400,000, with a relationship discount. A 20 yr fixed was 5.5% and a 30 year fixed was 5.625%! That’s a huge jump down, and the lowest rates have been in over a year! Most experts are predicting that rates will go lower this year. Most lenders allow one adjustment in rate down from the time of the rate lock to the close of escrow. Some lenders allow one adjustment in rate down after closing. Almost everyone believes there will be an opportunity to refinance rates lower yet in the not too distant future! More buyers are showing up at open houses to take advantage of good rates… and likely better rates to come!
Gavriel, 3 years old next month, Facetimed me this morning at 8:45 am, and he said “What are you doing?” I was going to work! Gavriel said, “Wanna go to work.” So Gavriel came to work with Grandma on Facetime. I was going to get keys to a new listing in Windsor Square because the sellers were moving out today! All the movers in the 2 big moving trucks waved hello to Gavriel on Facetime. The very kind seller asked if Gavriel and I get to see each other often in person. I explained to the seller that when Gavriel last came to LA, we loved going up and down the escalators at Nordstroms at The Grove…and then Gavriel added, “And to the Zoo. We LOVE the Zoo!” I’m counting down 71 days until Gavriel comes for Sukkot…it’s so hard to live so far away!!!!
Wishing everyone an awesome week ahead!!
Xoxoxoxo,
Sheri
