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Studio City : Real Estate Advice

  • All78
  • Local Info5
  • Home Buying24
  • Home Selling1
  • Market Conditions5

Activity 43
Tue Nov 29, 2016
Egor.olshansky asked:
Sun Mar 27, 2016
zoey32001 answered:
Lookout Mountain CA. It's an old Military building bought by a celebrity. How many acres! Is there unbuilt areas?
0 votes 1 answer Share Flag
Wed Aug 26, 2015
Jjulie63433 answered:
Canton dr of course - oh God I have at least 25 characters to answer the question.
0 votes 5 answers Share Flag
Mon Dec 8, 2014
Gary Geer answered:
Some Websites other than what your agent can provide you with, do not update in a timely manner. As a buyer you want up to date information as soon as possible to enable you to find that perfect home. Contact a local agent to get listings sent to you as soon as they hit the market. The agent will send you listings from the MLS system. This is the best up to date service you can receive. All the best. ... more
0 votes 9 answers Share Flag
Mon Nov 17, 2014
Ben Vorspan answered:
Hi Stephanie,

Odds are, any time you see something that looks too good to be true, it probably is.

If you ever have questions, you can submit a request for more information on the property page of trulia, and a local agent should respond pretty quickly. ... more
0 votes 3 answers Share Flag
Wed Nov 12, 2014
Robert Chomentowski answered:
Sometimes if you can write a cover letter to the landlord about other positive factors you have and put up a large deposit it can help you offset poor credit.
0 votes 3 answers Share Flag
Wed Nov 12, 2014
Ben Vorspan answered:
Hi Eleanor,

Your total costs will obviously be based on the amount that you pay for a home. Just because you're approved for $500,000, doesnt mean you will be spending exactly that much on the home.

you might want to have your realtor or lender run a few scenarios so that you can see roughly what your monthly fees will be at different price points. If you plan on putting in an offer, you can once again request this information, along with an estimate of your closing costs.
... more
0 votes 2 answers Share Flag
Fri Aug 22, 2014
Annette Lawrence answered:
Question posted Feb 2011.

Make sure the BUYER is sufficiently motivated and able to make up the appraised / offered price difference out of their pocket. A big down payment usually solves this issue.

DON"T allow the bank to become a third negotiator in the transaction.
... more
0 votes 8 answers Share Flag
Wed Aug 20, 2014
Julie Kryukova Meggat answered:
Your best bet is to call the school and give them the address. I have many clients looking for property based on school district and while the internet is helpful, I find that speaking to the school direct will give you the most up to date information on eligibility and also availability of classes. I have seen schools fill up whether or not you are in that district. Please feel free to contact me any time with questions. I have many clients in the area and know it very well.


Julie Kryukova
... more
1 vote 3 answers Share Flag
Mon Jun 30, 2014
Ben Vorspan answered:
Im gonna go out on a limb, and without knowing what Bree is asking about, say that the lowest price for theses kinds of prices is $1,000,000... just based on the fact that it's Studio City. ... more
0 votes 1 answer Share Flag
Wed Apr 23, 2014
Von Bonilla answered:
Hi Mariane,

Most owners prefer a lease term of 12 months or more. You do have to pay a premium (when and if they allow you to rent a home for six months) because of the loss of income as opposed to a 12 month term. You can search here for leases

Take care,
... more
1 vote 1 answer Share Flag
Sat Jan 18, 2014
Jason Squire answered:
Universal cycle on the south side of cahuenga 3 blocks west if universal. They'll take good care of you.
0 votes 3 answers Share Flag
Fri Aug 2, 2013
Karen Sokoloff answered:
I would try either Windsor Lofts or Oakwood in Studio City. Both well located and they cater to the corporate renter who needs a condo month to month, Good Luck !!
0 votes 1 answer Share Flag
Fri Jul 19, 2013
Jeri Creson answered:
You want to live in the condo, and get a roommate, so that will limit where you want to purchase based on how far you are willing to commute from the place you currently work/live/want to stay. I'm assuming you have reasons you want to stay in Studio City. I don't blame you - it's a very cool place to be. My husband and I also own a martial arts school on Ventura,(Studio CIty Martial Arts) and we enjoy being in hub of everything that is happening there. I would suggest looking towards Valley Village, Valley Glen, the NoHo arts district, Encino, Tarzana, Woodland Hills, Lake Balboa. Going further North than Burbank will dramatically change your lifestyle experience. These areas will fetch a price a little more reasonable than Studio City/Sherman Oaks price tags, but will put you in a "reasonable" driving distance from the shining star of the Valley.

Good luck to you!
... more
0 votes 6 answers Share Flag
Fri Jul 19, 2013
Jeri Creson answered:
I love this question… the history from this conversation circa 2008 pretty much says it all!

In 2008 - probably not your best move to purchase… a little too soon. Easy to say from a historical perspective, I know - but humor me. Fast forward to 2013 and we can see that we have, for all intents and purposes, hit the bottom and have bounced back up. A little. A little more in some areas than in others. Now we have new problems. For the entry level buyer hoping to find a home with less than 20% down, or those who do have 20%…but not a whole lot more - it's pretty slim pickins' out there. Multiple offers from all cash buyers are trumping most bidding wars. So who is to say that those who bought, on somewhat easier terms in 2008 won't, in the long run, be better off than the buyers being frozen out of today's market until the prices rise again, sufficiently enough to knock the all cash deals out of the running? Real estate is cyclical - and there is always a "catch" of some kind. Especially here in Southern California.

Good luck out there!
... more
0 votes 397 answers Share Flag
Wed May 29, 2013
bob4pres answered:
Hoffman Street has some great condos. 12060 is the best.
0 votes 5 answers Share Flag
Sat May 18, 2013
Alyssa Fry answered:
Hello! I work in San Fernando Valley and my office is situated in Sherman Oaks. Do you specifically want an apartment or are you open to all rental possibilities? I know your budget will play a large factor is deciding that for you. Please feel free to give me a call to discuss your needs, your budget and what all is available. I have several referrals for working with renters who have been very satisfied with my assistance.

Alyssa Fry
Coldwell Banker Residential Brokerage
(818) 268-8099
... more
0 votes 3 answers Share Flag
Fri Apr 12, 2013
Sara Mehrpouyan answered:
I am a Short Sale Specialist Agent in the San Fernando Valley & have successfully closed short sales in Studio City & Sherman Oaks. Please call me directly at 818-903-2040 or visit my website at

Good luck,

Sara Mehrpouyan CDPE
Specializing in Short Sale & Foreclosure
Rodeo Realty
Direct phone 818-903-2040
Dre License #01712757
... more
0 votes 11 answers Share Flag
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