We have a contest going for our new listing on 2646 29th St Santa Monica in Sunset Park.  All you have to do is guess the final sales price and win this eco-friendly gift basket worth over $150 from Green Life on Main St.

Plus, you get a fabulous bottle of David Bruce wine, from your favorite real estate agent, WestsideDB.  (yeah, my name is David Bruce, “DB” and it’s shameless self promotion, but at least I’m honest about it)

This fabulous home was designed by the “Architect to the Stars” Peter Choate.  He sold it to Raymond Hansen, LA’s premier landscape architect who then sold it to the current owner.  Listed at $1,699,000 this Spanish Revival home boasts 3 bedrooms, 2.5 baths, 3 fireplaces, and about 2768 square feet.  Upon entering the gated compound, the lush greenery invites you in while the soothing water feature lets you know you are in the security of your lovely home.  The kitchen is an entertainer’s dream with loads of space and fine finishes.

Enjoy a glass of wine on the back veranda while listening to the bubbling water fountain complete with Koi and enjoy the efforts of Raymond Hanson’s handwork in the landscaping.

Feel miles away from it all and have the best that Santa Monica has to offer just outside your door.

I was out today looking at homes for sale and found this poor guy.  He is entering his golden years (he’s 50) and will need a home soon.  I believe he’s an African tortoise and he’s about two feet wide.

The owners have a short sale on their hands and will be unable to take him with them when they move.  Anyone have a good home for the guy?

Looking for a deal on a short sale?  I’ve got just the place.  And you get a free tortoise as well.

Check out this Santa Monica link for a completely free download of how to buy a home in Santa Monica or anywhere on the westside.  All you need to do is follow the link and put in your name.  One click and how to purchase a Santa Monica home or condo is demystified and explained in simple terms.  It’s really easy to read and super cool.

Have at it and let em know SamoLive sent you.

Here’s a sample:

I wish I could figure out how to spend a week in this place for sale.  I mean, I couldn’t bring myself to take a picture of the insides of this penthouse condo on the beach of Santa Monica (even though it was pretty excellent)…I was too taken by the views. After all, this Santa Monica condo for sale is the cream of the upper end of Santa Monica condos. 360 degree views of the ocean and mountains which are unparalleled in other homes I get to see every Tuesday on Caravan for real estate agents. 3100 sq feet of penthouse living with a 24 hour doorman here at 101 California Ave.

If you have the means, I would highly recommend checking this place out. If you can afford the 7.4 MM price tag and a home owners dues at $2025/month, then you should be enjoying some of the most incredible entertaining space and tranquility that Santa Monica has to offer.  If you can afford the price of admission, then the monthly shouldn’t be a problem.  Right?

You get to start here. With your own private key to the elevator that lands you in the hallway to the kitchen.

You can pretty much see something spectacular in every single space of the condo.

The exterior is covered in fake grass which lends itself to a luxurious setting and the expensive furniture didn’t hurt either. I mean, I was previewing this for clients, and all I wanted to do was just sit down and have a chat with whoever came by because this place was off the hook.

Can you imagine being in this tub with these views?  I’d like to rent this place for a night.  Or a week.  Or a lifetime.

Wouldn’t you?

A great primer on short sales and what’s happening in real estate on a national level.

Watching the real estate market here in Santa Monica is kind of like watching a slug make its way across the street. You gotta be patient because you might miss something. And then there are those times where you gotta sprint to the finish line because timing is everything. Let’s look at the monthly data for single family homes.

Santa Monica homes for sale April 2010

Overall, it looks like we are starting to gain some momentum – more homes sold in April than the preceding months and more are in a backup position setting the tone for May.

Demand is consistently up while supply is rising as well.

The Santa Monica real estate market is a fairly unpredictable thing on a micro level.  You never know how a local or global event or market incident might alter an owner’s decision to sell their home.  A Realtor I know likes to say its an “efficient machine” meaning it takes care of itself and becomes efficient as buyers and sellers determine the market and what is truly market value.  After all, a home or anything else for that matter is only worth what one person is willing to pay for it.  Let’s look at 512 Georgina.

Did you see this house?  The asking price of 3.1 Million however set me in a better mood.  This place is an amazing home.  Incredible street and location and ungodly amounts of square footage – a finished basement and attic.  Where did it end up? 4 Million.  25% over asking.  Now that is how you sell a house.  Listing agents are friends of mine – Amanda Contreras and James Anderson with Keller Williams Santa Monica.

Apparently 13 people were sprinting for the finish line and competing for this home.  And what matters at the end of the day is that one lucky person gets to live in a beautiful city and in an incredible home.  Santa Monica.  Where else?

I have an incredible broker who gives lots of free advice.  If you know of someone who is considering a short sale or is concerned about selling their home, this free seminar in Santa Monica is just for them.  All they have to do is register.

On April 22, 2010 Marty Mead, Broker of Record at Keller Williams Santa Monica will be a panelist at a “Town Hall” for distressed property owners, where they can learn from a panel consisting of an attorney, a CPA, a loan officer, a broker of record for a real estate office, and a short sale negotiator (ALM – Access Loss Mitigation) about the various options available to them.

The idea is to provide a one-stop location where homeowners who are considering listing their homes as a short sale can hear (and mull over) a number of the issues that similar owners face (and where they can ask questions directly of the panelists).

The Town Hall will be April 22, 2010, at 6:30 p.m. at the Santa Monica Main Public Library on Santa Monica & 6th in the Martin Luther King Meeting Room.

The room capacity is only 75, so please be sure to RSVP to Mike Ferrantino of Access Loss Mitigation at mferrantino@accesslossmitigation.com or 877-256-5450 ext. 553 if you or your clients are planning to attend.  Admission will be limited to the first 75 responses.

I am happy to say I work with a great company who gives back to the community.  If you are able to donate some food to support our cause, please let us know.

In connection with RED Day, Keller Williams Santa Monica & Pacific Palisades are holding a food drive to support the Westside Food Bank & Safe Haven (a community model for chronically homeless individuals).  The food drive begins TODAY and ends on May 13th.  We would appreciate your support.

You can drop off your donation at the Keller Williams Community Event on Thursday, May 13, 2010 between the hours of noon and 3pm at Clover Park on Ocean Park Blvd near 28th street.  Pizza Fusion has generously donated a free lunch.  Additionally, you will receive an eco-friendly grocery bag.

You can also drop off your donation to the Keller Williams Santa Monica office Monday – Friday from 9am – 5pm between now and May 13th.
2801 Ocean Park Blvd Suite 140
Santa Monica, CA 90405

If you are unable to drop off and attend the event, please call 424-229-1626 to arrange for a Keller Williams agent to pick up your donation.

Your help is vitally important.  Visit the organization websites at
http://www.westsidefoodbankca.org
http://www.opcc.net/OurProjects/SafeHaven/tabid/115/Default.aspx

http://www.kw.com/kw/RedDay.html

Thank you for your support,

Sincerely,
Keller Williams Santa Monica & Pacific Palisades

What is Keller Williams RED Day?
RED (Renew, Energize, and Donate) Day is a Keller Williams Realty service initiative dedicated to improving our local communities.  All Keller Williams Realty associate in the US and Canada donate their time on May 13, 2010 to renewing and energizing aspects of their local communities.  RED Day is one of the single biggest events ever undertaken int he real estate industry that we consider a great chance to make a difference in our community in an effort to help out less fortunate neighbors.

How can you help?
Much needed food items include:
Canned protein such as tuna, sardines, stew, soups
Peanut butter and jelly
Canned fruits and vegetables
Fruit juices
Beans, rice, pasta
Personal care items including lotion, deodorant, toothpaste, toothbrushes, etc.

Last Month’s Santa Monica homes for sale stats show some interesting activity.  1 in 3 homes sold last month and almost half are pending while still, very little inventory exists on the market.  This data is for all of Santa Monica, including the luxury market North and South of Montana.  If you are interested in what’s happening in your own local market, say Ocean Park or Stewart Park, give me a call and let me know what kind of data you are looking for.  Try that call button on the right or just email us through the contact form.

For February stats for homes for sale and January’s too

I was doorknocking the neighborhood for clients of mine who are looking to buy in Sunset Park and found this sign on the front door.

Guess this address and win a Starbucks card

While I completely empathize and respect their wishes, I thought it would be fun to see if anyone knew this house, especially since it won’t involve paper on their doorstep and sales persons since its obvious that’s what they are looking to avoid.  If you can name the address in the comments, I’ll mail you a Starbucks card.

Look for more contests soon.

I smell opportunity.  Whenever I see homes like these two, I know that someone with an ounce of smarts and know-how can turn these traditional Sunset Park homes into a gem.  Real estate for sale in Santa Monica can have all sorts of flavors – and these two need some love to bring them to glory.  And look at the pricing!  749K and 699K – this is truly the low end of single family Santa Monica real estate for sale and an entry level starter home or potential flip for someone.  Let me know if you would like to see these homes and if you want more information.

$699,000 Santa Monica Sunset Park Traditional for sale

$749,000 Santa Monica Sunset Park Traditional for sale

Both of these are on 6750 ft lots and in amazing neighborhoods, not to mention both are in different school districts – 699K is in Grant and 749K is in Will Rogers.  And both need work.  Did I mention that?

If you take into consideration that FHA financing’s loan amount is capped at $729,750, with 3.5% down, these homes are attainable through FHA.  Granted, you may have to do a 203K construction loan on them due to current conditions, and it gives you an “in” to great school districts and a lifestyle that for many is the lifestyle they will never leave.

Need an FHA primer?  Call me using the widget on the right – Google will connect you for free.   Or you can check out WestsideDB’s post about FHA financing.

Are you thinking about buying a home or selling a home?  Let WestsideDB know how he can assist you in finding great deals like these two.  Have a general question?  We’re here for that too.  See you in the neighborhood.

I love Tuesdays.  I get to go and look at anywhere from 15 to 20 Santa Monica homes and condos for sale.  Even with such little inventory compared to last year, there’s plenty to see in 3 hours.  This Santa Monica Canyon listing really caught my eye mostly because of the opportunity it offers to a visionary buyer.  List price is just 899,000 for a 2 bedroom home built into the hill and with AN OCEAN VIEW.  Not to mention the Santa Monica Canyon as well.

Santa Monica Canyon view from the upstairs level

I counted 86 steps up to get to these views and granted, bringing in your groceries will keep you in shape (maybe you could install a gondola – be the first in Santa Monica to have one!)  This is definitely a Santa Monica fixer home.  The first level you come to has a narrow stairwell on the left, and two rooms off to the right – very odd flow to the house.  And of course, the upstairs has the amenities and an outside deck.  Bring your vision as you will undoubtedly need it.  Location, location, location.  For an address and viewing instructions, contact WestsideDB and mention the Santa Monica Canyon Deal.

Also on broker’s caravan was a Santa Monica Canyon listing on Entrada which appears to be a flip.  At just under 2 million, boasting 4 bedrooms and 3 bath, it has a particular sterile feel to me, however its just under 2700 square feet was impressive – $724 per foot.  It has the feel that neutral colors would be best to attract the broadest range of buyers, however, I really like it when a flipper or developer takes a stand and does something bold to make it stand out.  Like this last post – someone had a vision and took a chance.  I’m curious to see if it pans out.

Leave a comment – or let me know if you want to see anything that is currently on the market – or possibly off market properties as well.

On broker’s caravan, I saw a spec home with a flavor that is so unique, I just had to blog about it.  Its a modern contemporary with a farmhouse feel for just under 4 million in the Santa Monica Canyon.  What a Santa Monica house for sale!  If you have the means, go and check it out.  Or call me with that widget on the right side of the page and I can tell you more about it.

Farmhouse meets modern chic

It is designed by architect Bob Easton from Montecito and has the most amazing ceilings that soar into light.  It also has an open floor plan with extensive wood details from reclaimed timbers.  Of course, the gourmet kitchen and fine details throughout.  Boasting 4000 ft of living space on a 7100 lot with 4 bedrooms and 4 baths.

Check out those beams!

If you have the means, I recommend checking this one out, as its truly a unique Santa Monica home for sale.

While keeping in mind February only has 28 days this year, the monthly stats for real estate sold and for sale in Santa Monica is pretty low.  Take a look at these numbers from the Multiple Listing Service:

So only 12 homes sold last month.  With 29 active, the market activity is off from last year.  Interestingly enough, days on market (the number of days on the market before being put into escrow) are 77!  Over two months to sell a home.  Granted, this is also all of Santa Monica, and different neighborhoods bring different prices and inventory.  Contact WestsideDB if you want more information about your neighborhood.

For a free search for properties in Santa Monica and the Westside of Los Angeles visit this awesome free page.

Yes, they are that cool

I was out meeting people in the neighborhood and found this incredible placard on someone’s house.  And you know what?

It made me want to get one too.  I have no idea what it takes to be a part of the nwf.org group – but I’m about to find out.

Any one know these folks or have some insight as to how to be a green, sustainable, open space, wildlife habitat loving homeowner in Santa Monica?  I would love to hear about it.

Do numbers baffle you?  Its my job to look at numbers and make sense of the real estate market in Santa Monica.  After all, my clients depend on me for trends, analysis, and letting them know of a great deal when it becomes available (or maybe even before it comes to market).  Here are the condo and single family home stats for January 2010.  We can see that inventory is still tight and I suspect that it will start to grow in the coming months as spring is upon us.  Plenty of overpriced listings are still sitting on the market unsold as well.

Condos for sale in Santa Monica

Single Family Homes for sale in Santa Monica

I do love that homes sold are withing 93 to 95 percent of the original list price.  This tells us that sellers who are realistic and really want to sell their homes are doing so and in just a little over 2 months time.  And of course, there are the tired expired listings.  Which one would you rather be?  And which one would you rather buy?  Check out the stuff on the right of the page for more information.

We make real estate fun because we are always

Working Hard So You Don’t Have To.

Are you one of the fortunate ones who can get a loan with FHA?  Well, after April 5^th 2010 the times they are a-changing as the song goes.  The window of opportunity is shrinking on current conditions.

The Federal Housing Administration is making a few changes to its guidelines and if you are an FHA buyer, it will affect your purchasing ability.

Increase in Upfront Premiums for FHA Mortgage Insurance

FHA loans with a case number assigned on or after April 5, 2010, will have a 2.25% upfront mortgage insurance premium. This is a .5% increase. Case numbers are generally assigned when there is a contract with a property address, and a closing date AND the borrower has committed to go forward with the loan.

Please go to http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/10-02ml.pdf. for more information.

Other changes include:

New borrowers will now be required to have a minimum FICO score of 580 to qualify for FHA’s 3.5% down payment program. Borrowers with less than a 580 FICO score will be required to put at least 10% down.
NOTE: Most lenders will not make loans to borrowers with FICO scores lower than 620.

Seller concessions will be reduced from 6% to 3%. HUD has not yet released an effective date for this change.

Currently, to my knowledge, there are two Santa Monica Condominium buildings that are FHA approved.  I have a pocket listing in both of them – one for $380k and another at $550K.  If you are interested in hearing about them, please call me (up there on the right – click the button to call with Google) and I can tell you more.

If you are a single family home buyer in Santa Monica, you are hard pressed to find something that will conform to the loan limit of $729,750 – And there are some gems out there.  Santa Monica homes for sale can be found using the buttons on the side of the page – all for free!

Cool article about the fate of vacant buildings in Santa Monica that have been slated to be developed into parking structures.  Do we really need more parking structures or just better management of existing ones?

http://www.smdp.com/Articles-c-2009-11-23-65443.113116_What_the_future_may_bring.html

Almost free energy from the sun

With very little effort involved, I have a cheap electric bill and am doing something good for the planet at large.  It’s easy and you can do it too.  Here’s how:

My family and I purchased a great home in Sunset Park a few years ago and one of the selling points was that it has a 1 KW photovoltaic solar system producing what they claimed was 30% of the home’s energy needs.  Because it was a ‘traditional’ home, very little had been done to it to bring it into the 20^th century – the prior family never even had a dishwasher!  Agast!

Desperately needing it, we underwent extensive energy efficient upgrades with Energy Star appliances, low flow everything, super insulation, high efficiency heaters, and even installed efficient ceiling fans to avoid A/C.  And in the end, we are using approximately 50% of our needs from our panels.

So what’s my bottom line?  I pay approximately 8 bucks a month to Edison.  Last year when my final assessment came in, I had a bill for $700.  FOR THE YEAR.  I know a guy North of Montana who pays $600 a MONTH in electricity.  Why he doesn’t go solar is beyond me.

yes, that's a real bill

With Edison, you can choose to be on a Net Metering System, where they monitor your energy usage and then re-assess at the end of the year.  The basics are, your panels are generating energy during the daylight hours when you typically aren’t home and then pumping it back to the grid.  The average home uses the most energy in the early mornings and evenings, when we require lights, dishwashers, laundry, etc, so the solar owner purchases back electricity from the grid.  This exchange is constantly in flux based on the homeowner’s needs, hence the need for Net Metering.

Now, imagine if I had a 3 KW system!  I would have no bill at all.  I’d be generating enough for my family and probably enough for some other people too.

If you are living in Santa Monica, or considering a move here, you should look into the Solar Santa Monica program.  They will send out a qualified solar professional to assess your home’s electrical needs.  Then they can provide you a qualified estimate for what it would cost to install a system, using their preferred vendors with whom they have created an alliance and a preferred rate.  You can even look into financing options if you need it.

Let me know if you need some assistance getting started or want to check out my home’s system.  It’s all pretty easy to understand and implement.  Being a certified Green professional has its advantages and I love to help others out when it comes to helping our planet and ourselves.  Talk to you soon.

From the latest email I got from Solar Santa Monica:

If you are a business with solar, or considering it, and you are on a GS2, GS3 or TOU-8 rate, switching to Edison’s new “Option R” rate may significantly improve your ROI.

Reconsider Solar: Breakfast Briefing

Wednesday, November 11, 2009

8:30-10 a.m.

Solar Santa Monica Office

1212 5th Street, First Floor

Space is limited.  RSVP: (310) 804-8449

This is something I’ve never seen before, but I think its brilliant.  This guy seems like the real deal and I told him I would blog about his quest.  He’s a family man looking to buy a home that is currently not on the market.  Price range 1.6MM-3MM.  There are what some circles call “shadow inventory”, meaning homes that are not quite on the market yet, or the owners have not contemplated selling, but would be willing to if the price and terms were right.

Check out his deal here. And then leave a comment with us to let us know what you think.

If you’ve been paying any attention to real estate trends of late, you know that it’s as Yogi Berra said, “The future ain’t what it used to be”.  Indeed, this economic turn of events has taken everyone by surprise and given us cause for introspection and an opportunity to change direction.  I know so many people working on digging out of debt, short selling their positions to move on with their lives, and even just giving up completely and letting the bank take their home away – which I find incredibly sad since there are creative ways around what seem to be formidable obstacles in the real estate world, as long as you just ask for help.

I have the good fortune of working with an excellent team who specialize in just about everything a person could hope for when it comes to answers in real estate.  If you have a question, we can answer it.  I’ll be sure to be prompt.

Santa Monica’s real estate stats for single family homes have been an interesting tale as of late.  For instance, it seems that available inventory is tightening up a bit, with more sold homes in the past calendar month that actual inventory on the active market.  Doesn’t this seem peculiar?  If you were a discerning buyer with the ability to get into what is undoubtedly a higher bracket market, would you be concerned with the lack of available inventory to choose from?

And conversely, if you were a home seller, would you be excited by the opportunity to have a home for sale with a limited amount of supply in the marketplace?  I know I would.  Let’s take a look at the numbers.  And yes, you can only get these from a great Realtor or someone who has access to the Multiple Listing Service, or here on SamoLive.

September Santa Monica SFR Stats

For the numbers junkie and for the person interested in what price per square foot can buy in Santa Monica, this is a powerful tool.  Need more in depth info about a particular zip code, school district, or geographical area?  Contact WestsideDB here and we’ll get back to you shortly.

Hey everyone – I created this whitepaper for anyone interested in buying a house in Santa Monica – actually, the principals can be applied to anywhere in California.  If you know someone who can use this pdf, please forward it on.

Just register over there on the right with your email for an immediate download.

An excerpt:

The Ultimate Guide to Buying a Home in Santa Monica, California

From WestsideDB

WestsideDB

Lifestyle.  Beachside Living.  Sustainability.  Great Schools.  These are just some of the
reasons why Santa Monica residents love their town.  It’s the people who call this home
that really make it a special place to live.  And Home is what this guide is all about – how
YOU are going to find the perfect Santa Monica home to live in.

The price of a home varies considerably — each area of Santa Monica has its unique quality
that drives the pricing.  We will take a look at a number of factors that drive pricing in the
following chapters.  Additionally we will discuss the steps you will be taking to make your
home purchase a reality.

Outline:
• Brief history of Samo
• Real Estate trends
• Areas defined (neighborhood organizations and geographics)
• The home buying process in Santa Monica
• APPENDIX A — Retrofitting Options
• APPENDIX B — Green Building & Solar Initiatives
• APPENDIX  C — Rent Control

BRIEF HISTORY OF SANTA MONICA
It started a while ago.  How’s that for brief?

To read the entire Whitepaper, register there on the right with your name and email.  Yes, its FREE!

I’ve been meaning to post this for awhile now – Condos for sale in Santa Monica are among some of the most amazing pieces of property on the Westside.  Not only do homeowners get the benefit of excellent schools, ocean breezes, a sustainable city, you get the benefit of not having to cut the grass!  Or fixing things on the outside when they break!  That’s what the Association is for!

When my wife and I lived in a condo a few years ago in 90402, we loved having to pay homeowner’s dues.  Because we realized that we didn’t mow grass, fix blown out light bulbs and deal with general maintenance of the building.

With the current state of affairs in the housing market, condos offer a more affordable opportunity to get into the real estate market and the benefits of homeownership.  Now off to the stats for last month.

Santa Monica Condos for Sale Stats -August 2009

This data is straight from the MLS.  This is stuff you can’t find on your own.  You have to ask an agent. Luckily, I like to give stuff away for free so you have more information at your disposal.  Like this:

Santa Monica Condo Months Supply of Inventory August 2009

Or even this:

Santa Monica Condos sold per month August 2009

Yes, condos are still selling here on the Westside – there are also a few that are not selling at all.  Take a look and let me know if you have any questions.  There are sure to be a few.

WestsideDB

Yep.  Today’s the first of September.  Once again, we look back on the real estate activity for homes in Santa Monica.  Check out this market analysis (pulled from my MLS search – let me know if you want something more specific to a zip code or area) but for ease of seeing the macro of activity in Santa Monica, whala!

Santa Monica SFR for August of 2009

More than anything, I love looking at Santa Monica’s sold data.  Because sometimes a seller’s expectations of what their home is worth may not always be in line with what the market will bear. Or perhaps, an agent doesn’t counsel their client well enough for them to understand that they may sit on the market for awhile.  Or, the seller insists on a price that doesn’t bring people in.  Just look at the expired numbers.  135 days on the market.  Geez.  The average person who sold was half that amount of time.

Here’s another interesting look at the past year’s inventory.  Notice that the average number of days on the market is still very low = under 5 months.  Which is very close to a balanced market.  Should it dip further into 1 or 2 months inventory, then we are typically in a seller’s market.  Take a look and leave a comment.  Your last blog post will be shown in the comment – just because we like to spread the commentLUV.

And here are the number of properties sold by month: IMO: (In My Opinion) sales are up.  But you be the judge.

SM Sold per month 08-09

Here’s another interesting story – look at the active vs sold.  They are practically even.  Granted, a lot of expireds and withdrawns, but you can see that inventory is moving and people are still buying and selling in this fabulous city of ours.

Have a question about your condo?  Or thinking of buying one?  Let us know and we can help.

Hmmmm, interesting.  Only 21 active listings in all of Santa Monica, yet 16 sold in July.  While I find these stats great for Santa Monica real estate as a whole, when you look at specific neighborhoods, you can get a different picture altogether.  If you are concerned about the value of your home, click here to find out more.

Ocean Park 5th street

I was out on Tuesday for broker caravan and saw something I haven’t seen in awhile – four or more signs next to each other on 5th.  In the distance of the photo is the corner where you have two lots next to each other which are complete tear downs (one just sold). 3rd in is a historic building for sale and closer in are condominiums.

I mean, wow.  Have you ever seen something like this before?  If you took 5th street alone and thought that was what all of Santa Monica was like, you’d think that everything under the sun was for sale, right?

How long before the rest of the block is listed?  A week?  A month?

3031 16th St, Santa Monica, CA 90405

Another great opportunity for someone who wants to buy in Sunset Park and isn’t afraid of doing a little work.  This home has been in the family for decades and they are now selling.  Here are the bullet points:

3 bedrooms

3 baths

2300 sq ft approx

9500 sq ft lot approx

Fireplace, detached garage, detached cottage, dining and living rooms.

From the owner’s flier:

“This home is very livable as is while providing a great opportunity for someone who wants to remodel a little or a lot.  The living room with big, sunny windows opens into the dining room creating a large, open space for entertaining.  The kitchen is dated but has plenty of square footage and potential to be contemporary and state of the art.  The very large, upstairs, open-beaned room with knotty pine throughout and attached bath can either be a third bedroom or a family gathering room.  It opens up on a 2nd story deck with a  great view.  One of the downstairs bedrooms has an attached bath, a small kitchenette with sink and an outside entrance that can be used as a one-room rental.  The den is also open-beamed with a knotty pine ceiling, a custom-made rock fireplace and opens up on a large patio.  The yard is huge providing room for expansion, large grassy areas, gardens, etc.  The size of the yard is what makes this property truly unique.  And across the street is the bet neighbor you can have – Southern California Edison.  Parking is a real problem on many neighboring streets.  This property has double the parking because of Edison.

All reasonable offers considered.”

For contact information, email DB [at] westsideDB.com

2725 6th St Santa Monica

Another FSBO in Ocean Park with a price tag of $1,937,500.  The price of admission gets you a 4 bedroom, 2 bath (with a whirlpool!) west facing home six blocks from the beach.  Originally built in 1923, the master bath has a private bath with a changing area and a private deck with ocean views.  There’s another deck that has views of Point Malibu and the Getty Center as well as the ocean.

Fire sprinkler system is included as well as a fiber optics media system.  What more could you ask for?

Grab that extra 2 million you’ve got lying around and come on down!  If you would like comparables for property in Santa Monica, email this guy.