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Market Conditions in Beverly Hills : Real Estate Advice

  • All232
  • Local Info12
  • Home Buying51
  • Home Selling4
  • Market Conditions10

Activity 12
Wed Apr 5, 2017
Samihahkassis answered:
Average home sale price and average listing price will be different all the time. before Ask tis question you must understand the difference between both the terms. You should concentrate on home sale price than listing price if you plan to buy a home. ... more
0 votes 15 answers Share Flag
Wed Apr 1, 2015
Jamie Tian answered:
Hi Christine,

Actually 1041 Laurel Way is currently on the market.

Did you have any questions about this property or are you interested in scheduling a viewing?

I would also be happy to email/show you some similar properties in the area, just let me know your price range and search criteria.

Feel free to contact me anytime via phone/text at (310) 717-1321.

Best,
?
Jamie Tian
Rodeo Realty
(310) 717-1321
JamieTian@RodeoRE.com
www.JamieTian.com
BRE #01920120
... more
0 votes 1 answer Share Flag
Sat Feb 22, 2014
Maria.formenton asked:
This question was asked from http://www.trulia.com/property/3064948404-1088-N-Hillcrest-Rd-Beverly-Hills-CA-90210?ecampaign=con_day_propertycomp_bk&eurl=www.trulia.com%2Fproperty%2F3064…
0 votes 0 Answers Share Flag
Wed Feb 19, 2014
Maria.formenton asked:
This question was asked from http://www.trulia.com/property/3121932782-1157-N-Hillcrest-Rd-Beverly-Hills-CA-90210?ecampaign=con_eyecandy&eurl=http%3A%2Fwww.trulia.com%2Fproperty%2F31219…
0 votes 0 Answers Share Flag
Mon Nov 11, 2013
Endre Barath answered:
Joe there are many variables, such as type of building i.e.: full service or self managed. Also depends when the unit was last updated, what type of views as well as what the amenities are. Also what floor it is located on and out of how many floors?

Feel free to reach out directly for a free no obligation consultation

Endre Barath,Jr.
Berkshire Hathaway HomeServices California Properties

homes@endrebarath.com
310.486.1002(m)
... more
0 votes 3 answers Share Flag
Mon Nov 11, 2013
Terri Scheid answered:
Are you talking about St. Monica Church, and what is
the specific question.

You can call me at 310-801-1383.

Terri Scheid
Scheid Realty Int'l
9454 Wilshire Blvd.
Penthouse Suite
Beverly Hills, CA 90212
... more
0 votes 3 answers Share Flag
Sat Sep 14, 2013
Mario Pinedo, Ccim answered:
Beverly Hills is an interesting community when it comes to luxury rental properties. Due to the high price points, many owners are way above their $500,000 or $250,000 capital gains exclusion if they sell. So, there are an abundance of properties that are turned into rentals for a few years so they can take advantage of the 1031 exchange rules to defer capital gains. That being said, since there are many rental properties in BH and surrounding high cost areas, in order to find a tenant, you must be the value proposition in the market. Be the best price for the best property and with the best terms. Advertising and networking help significantly.

I work in Beverly Hills as a mortgage broker. If you want to be introduced to some outstanding leasing agents, feel free to give me a call.

Mario Pinedo, CCIM
CS Financial
www.homeloans.LA
www.condoloanslosangeles.com
www.houseloanslosangeles.com
9595 Wilshire Blvd #801
Beverly Hills, CA 90212
424-249-7434 office
415-269-6249 cell
mpinedo@csfinancial.com
NMLS 1029116
BRE Broker 1118365
... more
0 votes 6 answers Share Flag
Mon Oct 29, 2012
Endre Barath answered:
HI Skothawala, the question is a bit broad, are you looking to purchase a home or considering selling? Please reach out for a private discussion with me at homes@endrebarath.com or feel free to call me on my mobile

Endre Barath,Jr.
Prudential California Realty
Beverly Hills, CA
310.486.1002
homes@endrebarath.com
... more
0 votes 3 answers Share Flag
Mon Oct 15, 2012
The Medford Team answered:
My question would be, “Why not?” There is a concept floating around out there whereby some buyers seem to think that the purchase price of any give property should somehow be reflected in the selling price. In other words, if the seller bought the property for a low price, they should also sell it for a low price.

That’s nonsense.

Whatever a person pays for a property has absolutely nothing to do with the list price when they decide to sell it. Even if it’s a week after they bought it. Even if they managed to get it for a steal and then turn around and try to sell it for hundreds of thousands more. We live in a free market economy where on any given day the value of something is what someone else is willing to pay for it. If it’s currently listed at actual market value and someone buys it for that amount, then the actual value of the home is what the new owner bought it for.

I’m guessing the property was purchased wholesale on the county courthouse steps, rehabbed and subsequently flipped.
... more
0 votes 6 answers Share Flag
Fri Apr 27, 2012
Connie De Groot answered:
Well I work in Beverly Hills and homes are leasing for sure. It may surprise you to know that there are also short term leases that are furnished for a fairly decent price. Prices range from a few thousand to tens of thousands per month. If you need a lease you could give me a call. Connie De Groot Ph 310 913-1184 ... more
1 vote 13 answers Share Flag
Sat Jun 20, 2009
Goat answered:
Looks like property owners will be paying more in taxes.
1 vote 1 answer Share Flag
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Market Conditions in Beverly Hills Zip Codes

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