There are many options. What is your price range? How many bedrooms do you need? Do you need to be in an specific area of 90046, ie. closer to Mulholland, down by Sunset/Melrose, La Brea, or by Laurel Canyon?
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Please call, text or email me for more information.
Realtor®, Certified HAFA Specialist (CHS)
Coldwell Banker Residential
Tel. (310) 463-8088 www.douglaslagos.com... more
When you say "cover it up", what do you mean?
What exactly did the insurance company direct you to fix?
I'm wondering if the insurance company has requested you to fill the pool and you are reluctant to comply because the pool is defective and unable to contain water. Is that it? And you don't want to have it repaired due to the expense?
I think what the insurance company may be concerned about is the possibility of someone falling into the empty pool and injuring themselves. Falling into a pool of water from ground level will not usually result in broken bones.
Usually what the insurance company wants is for the pool to be in good working order and full of water to avoid injury. Some insurance companies, as well as some city ordinances, also require a 4 or 6 foot fence around the pool area to protect unnattended children from falling in and drowning.
Placing a cover, such as a tarp, over the empty pool does not really solve the problem as a person could go right through the tarp into the giant hole.
To completely remove the pool, you may be required to have all of the cement removed which is expensive.
In your area, I would think that a pool would be more of an asset than a liability in resale (You can verify that with your agent)
1. How much will it cost to have the pool repaired?
2. How much will it cost to have the pool completely removed?
3. Do you prefer to have a pool, or not?
4. What else would you do with the space if the pool were not there?
5. Is there a difference in value between a home with a pool and one without a pool? If so, how much?... more
There is no exact number. If you find the right tenant you could get more, if you find the wrong tenant you could get less. I am assuming that you are interested in the 01 units depending on the floor. Top floor gets more. What is the view like?... more
I have a listing in the Pico Area and the owner might consider Section 8 provided everything else pencils out. The only issue is that it's a 2 bedroom. If you think that might work for your friend, please email me directly.
The Reavis Group
Keller Williams Wilshire
I spent a couple years of my life working for a grading and paving contractor and over 10 years in the land development business. You would be surprised at what kind of small spaces an experienced equipment operator can function in. That, however, it probably not the main thing you need to check out. Before you start changing the shape and placement of a retaining wall, you should probably check with the city and at the very least a really good soils engineer. I am sure you would not want to be writing, during next rainy season, 'my house is being pushed off the front 1/3 of my lot by the balance of the hill that used to sit behind my upward sloping lot.'
Best of luck in finding a good and safe solution to your lot expansion wishes and Dare to Dream.... more
Based on your description I am going to go ahead and say you haven't spent a substantial amount of time in LA. West Hollywood and North Hollywood are not exactly near downtown. In fact, they're not exactly near one another. North Hollywood is in the valley and near Glendale/Pasadena, but probably not a place you'd want to live.
I don't know what type of job you have (how much money you'll be making), and how much you can afford is a major aspect. If you're not looking to spend a lot then North Hollywood might not be bad, but like I said it's not exactly beautiful. Glendale/Pasadena is in the middle as it can be inexpensive and it has some very beautiful areas (try South Pasadena maybe which is also closer to the actual downtown). If you want to be more centralized to LA (not downtown but central), then West Hollywood or West Los Angeles is central, but may be just outside of your 50 minute time-zone (traffic is crazy). This is also somewhat of an expensive area.
My advice would be to stay in the Glendale Pasadena or South Pasadena area. If you want to be more centralized then go to Silverlake/Los Feliz/Echo Park if your a hipster or Sherman Oaks if you have the money and want to be closer to the westside.
No matter what you do, be ready to dish out some major cash for any rental (compared to the rest of the US) and also be prepared to ditch your lease after a year because there are so many different areas of LA that you'll discover and probably fall in love with after you've been living here. It's rare that you can move to LA and straight into the right long-term place for yourself. Good luck!... more
Our company focuses on helping people in precisely your situation. We have a photographer in Los Angeles who can visit all of the areas that you are interested in, including schools and parks, and take photographs for you. Please visit our website and let me know if we can be of assistance. All the best!
First of all...why are you finding these Short sales yourself? That is our job as real estate pros. If you have an agent, you shouldn't need to spend your time trying to find deals on your own. Your agent is right about one thing though. Many listing agents (LAs) list short sales far below market value to generate their own buyers or at least to stimulate an auction effect. In some cases, It has been shamefully lower but I have, in fact, seen it first hand.
1 example recently in south county is a house where the cheapest comparable in the neighborhood was $650K. A LA took a listing where the seller owed the bank $635K and put it on the market at $499K. Listed it on the MLS as Active and then changed it to Sold the same day it hit the market for around $475K. Absolutely shameful.,,,and yes, this agent represented both buyer and seller. Nothing in this neighborhood had sold for less than 600K in the 5 previous years...even homes 1,000 sq ft smaller were selling for over $600K. Even in this market, It would have sold at $599K all day long. This same model had sold for over $800K in the heyday. The LA's regard for the bank was Nil and in other times, would have also caused the homeowner a huge tax loss and additional financial burden. Further every homeowner in that $600K+ neighborhood will now have to deal with that ridiculous sale as a comp to some degree...so many victims from one agent's selfish action.....but hey, the agent got theirs (twice) and the buyer did get a steal of a deal.
So you may get a deal this way but whether you do or not, you could well end up working with an agent who has a complete lack of ethics or morals, The thought of someone like that ever representing me and my financial interests is horrifying. I think you would be better off working with someone who will look out for you and not just themselves. There are plenty of great deals out there. My advise is to just find someone who will work hard for you and be diligent about following through on your offers...as well as finding great properties for you to look at in the first place.
PS On the Short sales that are listed properly, banks are often taking months to shuffle though the offers and accepting them and trying to close them. Short sales are tough, plain and simple.... more
Congratulations on the possible job offer! I too relocated from back east many years ago, and when I first arrived I lived in Beverly Hills and West Hollywood. Those communities are still pretty pricey, and I don't think you find anything to purchase that would fit your price range. I just did a search for rentals in Beverly Hills, and West Hollywood for a 3 bedroom under $3200 (figuring some negotiating room). There were only 2 properties that came up, one isn't large enough and the other looks really nice, but it is in the Hollywood Hills (which is very nice). You will find a lot more for your money both renting or purchasing in the "Valley". Studio City, Sherman Oaks or Encino would be my recommendations, but there are other communities a little further away that would give you even more for your money.
I just did a quick search on my website for homes in Studio City, Encino or Sherman Oaks with 3 bedrooms or more, 1500 square feet minimum, between $650,000 and $750,000 and there were 53 homes. (http:www.jodiefrancisco.com). I also have a community website for residents of Encino at www.encinowoods.com that offers information about Encino as well as local community links. Please feel free to use these resources, and let me know if I can be of further assistance to you.
There are a few decent areas in Burbank that would very nice. It's also known as being a safe community and the neighboring city of Toluca Lake is a popular choice. For details on particular streets and price ranges you can contact me at 310-248-6401 or check out my website: www.conniedegroot.com... more
Best family/price/air quality based on what you said...
Check it out and thank me later!
Santa Monica is a joke (price-wise), tho I'd live there in a heart-beat (north of Montana only) Of course!... more
I live in Echo Park and while it's true that there are Gangs here, its far from dangerous like it used to. I bought a house here in 2007. I think there are other things far more annoying around here the gangs. Not to sound like a racist but the mostly spanish community here in EP has zero respect for volume, keeping the streets clean, Dogs will bark all night long, they park where ever they want even tho they are not supposed to and worse of it is the Tagging. My house was tagged 3 times back to back last year. Thankfully the city will pay for it to have it removed.
I would recommend looking/getting into the silverlake area before looking for property in EP.... more
You can also check community info and relocation info from my website (www.sunnyhermoso.com). One of the best ways is to check different communities by comparing them. I hope you will find infomation helpful. Welcome to LA!!!... more
If your moving to the USC area I recommend Silverlake or Echo Park. You can probably get a 1 bedroom or single in the 1200 range. Other areas worth considering are Culver City and the Miracle Mile. Not close to campus but great places to live. Check out Craigslist or another place that has a TON of rentals is www.westsiderentals.com.
I have clients both flipping and buying for the long term. I agree with Don that it will take much time before we start to see measurable appreciation. 7-10 will certainly result in a point where appreciation is seen. I guesstimate at the 5 year mark will see another surge but....who knows. All investment buyers have to do their homework before jumping in at this point. Although some great deals are out there, they have to be GREAT deals to make sense. Flippers have to be experienced or have an experienced person working with them. The days of going 4 weeks over time frames and 30k over budget are long gone. You must know what you are getting into with thorough inspections, accurate, complete and detailed bugets-plans. If you buy right, can stick to a plan, expect a reasonable return on a flip (7-12%) and can produce an exceptional product with an eye for detail.......you CAN make money at flipping. It is not for the faint of heart, inexperienced, or those who are not extemely well orgainized. I would also add that if you do not have a large bankroll and CAN actually lose money if it comes down to it.....dont even think about it.... more
It sounds like you might be interested in a TIC with exclusive usage rights. Check out Andy Sirkin's website, and in any case, his firm might be able to steer you in the right direction. Good luck!... more