NOW ON THE MARKET!

JUST SOLD! SAN MARINO SPANISH BEAUTY!

JUST LISTED! Hollywood 14 Unit!!

JUST SOLD! Mt. Washington Masterpiece!

Change is Nigh!

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In 15 years, I've only worked at 2 brokerages.  Sotheby's (which I loved) and Compass.  I'm so proud of, and inspired by, the company that we are building at Compass.  In the last few months, we have launched Compass Concierge; a program that lends clients funds to help prepare property for the market (repairs, painting, staging, etc).  And now we're preparing to launch a bridge loan program, which in Los Angeles is astounding.  If you find a house you want to buy, but would need to sell your house, we'll be able to lend our clients the funds necessary to finance new purchase - enabling a bridge to transition to the sale of the current house.  That is a radical advantage in LA - a market that is so highly competitive and with such low inventory.  Historically, this is almost an impossibility.  It's an honor to be part of a brokerage that strives to offer real value to the people we work with.

It's snowing today in Vail CO (where I grew up)- Happy LA May.

jj
 
 

The 2019 Pritzker Prize Has Been Awarded 

Joining the ranks of such visionaries as Norman Foster, Zaha Hadid, and Tadao Ando—all of who have designed residences represented by Compass agents!—Japanese architect Arata Isozaki is this year's recipient. Learn more with Architectural Digest.

A New Development Could Bring Up this Eastside Neighborhood's Dining Profile

The southwestern stretch of Eagle Rock Blvd is starting to change rather rapidly. Next up for the once-quiet Glassell Park community? 

Number of high-income renters grows in Los Angeles

A new report documenting "a nationwide increase in the number of high-income households ... that rent" shows 30 percent of six-figure salary holders rent in LA.

Calling all runners!

For those who love marathons, the OC Marathon and its related activities from May 3-5, 2019, are a fun and scenic event. Beginning in Newport and ending at the OC Fair and Event Center, runners will make their way through a number of coastal towns on the route.
Celebrate Free Comic Book Day 

Whether you've got kids who love comics, May 5th, is one of the best days of 2019. Comic publishers from around the world will be offering free copies of their most popular publications at comic book shops all over Los Angeles. 

40 + Small Patios with Big Design

Whether your outdoor space is an urban terrace or a shaded porch in the country, you'll be inspired to spend more time al fresco when you see the stunning array of examples compiled by the editors of Elle Decor.







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Real estate news is as pervasive as real estate itself.   'Sales are slowing','Market shifting', '2 more years of Growth Expected'.  The definitive claim about what's happening in the market is ubiquitous and cacophonous.  The challenge today is not the shortage of information, but rather its surfeit.  How do we intelligently discern the avalanche of information? 

Real estate is hyper-local.  Reports of 'Southern California Trends', or the 'LA market' are all relevant - and all partial.  What we're seeing in the first time home buyer's market on the east side is different than what we're seeing in the Hollywood Hills +$3,000,000 market, which is different that what we're seeing in the commercial market in mid-city.

Just make sure - when you're listening to the pundits (ourselves included) - that we're talking about YOUR market.  Make sure that your data is hyper-local - or make sure you're working with a hyper local.

Know what I mean?

viva!!!!

jj
LA is expensive, but it's struggling to stay within the top 10 cities of the world (it tied Tel Aviv for #10 in 2019). Signapore, Paris, Hong Kong - all tied for 1st.  
Easter Brunch
Martha Stewart came by our house to meet with us for an early Easter brunch.


And Here was our Menu.
Rooftop Bites & Panoramic Views
A rooftop bar, the first of its kind, may be on the way in El Segundo, offering visitors panoramic views of LAX and the South Bay.

 
2019 LA Beer Fest
The 11th annual LA Beer Festival follows last year's sold out event, and this year's promises to be even better. The event will feature dozens of international and domestic beers, over a dozen food trucks (food sold separately) as well as live entertainment.
 

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1768 Rotary Dr - 1960's Post & Beam in Silver Lake

 

Perched in the treetops of Silver Lake, this 1960's post and beam looks out over the hills with views of downtown to one side and the reservoir to the other. Its walled & gated entrance bestows privacy on a house defined by windows. A rare garden and patio space in the front allow for alfresco dining right off the kitchen. Inside, an open layout flows through the public rooms. The house is 2 bedrooms and 2 baths, including an en-suite master that sits atop a canopy of foliage on a street-to-street lot. Beneath the house is a separate, detached space that makes for the perfect library, office, studio or bunk room. A stone's throw to Botanica, LA Mill, L & E, the reservoir, the dog park and the meadow, it grants access to the best that Silver Lake has to offer, but on one of it's quieter streets. How life in Silver Lake is meant to be.

 

Our Favorite Escapes

Carpinteria's Secluded Mountain Retreat - 8599 Ocean View Rd

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Boasting over 20 acres, this hidden gem in Carpinteria is the ultimate retreat for those seeking solace. Only moments from downtown Carpinteria, and a stone's throw away Santa Barbara, this secluded getaway embodies all the characters to help one get in touch with nature. Enjoy amazing mountain views from the multiple decks and terraces, or get your hands dirty while working with 200 avocado trees and 100+ fruit bearing trees. Well developed into a completely self- functioning property, with multiple terraces, access roads, trails, and entertaining areas, as well as fully irrigated. Every inch of this property has something special to offer. 

 

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Iconic Post & Beam Estate in Palm Springs - 1275 S Calle De Maria

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

The Koerner House, E. Stewart Williams, FAIA, 1955. Private, sprawling, iconic, post & beam architectural estate. One of Palm Springs most significant. 4-parcels, almost-1 acre, street to street lot, walls of glass, unobstructed views. 4220 Sq Ft, abundant original architectural details include teak paneling, built-ins, wood ceilings, slumpstone walls & fireplace, clerestory windows, board-and-batten redwood siding, flagstone floors & decks, solar. 4-ensuite beds & baths, bonus room & bath, sunroom, open kitchen, interior pond & atrium. Landscaping by Office of Eckbo, Dean, Royston & Williams, large pool, expansive lawns, water features, tea house, botanical cactus gardens, citrus; shuffleboard; built-in outdoor seating, fireplace & bbq. Listed on National Register of Historic Places.

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners

Photos courtesy of Henry Blackham & Maureen Erbe of Deasy/Penner & Partners


The Ferber House - 468 Old Toll Road

Photos courtesy of Rob Kallick of Sotheby's International Realty

Photos courtesy of Rob Kallick of Sotheby's International Realty

Photos courtesy of Rob Kallick of Sotheby's International Realty

Photos courtesy of Rob Kallick of Sotheby's International Realty

Photos courtesy of Rob Kallick of Sotheby's International Realty

Photos courtesy of Rob Kallick of Sotheby's International Realty

Photos courtesy of Rob Kallick of Sotheby's International Realty

Photos courtesy of Rob Kallick of Sotheby's International Realty

Photos courtesy of Rob Kallick of Sotheby's International Realty

Photos courtesy of Rob Kallick of Sotheby's International Realty


Europa Village (Winery) - 33475 La Serena Way, Temecula, CA 92591 

 Leave the urban hustle-bustle behind and savor the pastoral beauty and serenity of lush, rolling vineyards in the enchanting European courtyard setting—all while sipping exquisite wines produced right from the vines surrounding you. 

The Real Estate Market in 2018- The Look Ahead

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As we start the New Year, many are optimistic for what the future holds for LA's housing market. Looking back at 2017, the market reached an all time historical high, breaking records much like the previous increase seen in the 2007 mortgage crisis. For this reason, many speculate that we're in a bubble, however, a recent report from CoreLogic showed the prices of Southern California homes to be 13% below their pre-recession peak, after being adjusted for inflation. What does this mean for real estate in LA? For buyers looking to make their purchases, the 6.4 percent increase in the predicted prices in the county (by CoreLogic), isn't the most compelling news. 

Eric Sussman, professor of real estate and accounting at UCLA, states that high demand, an abundance in competition, and most importantly, a lack of supply are all factors contributing to the sustaining prices. "There are just not that many homes on the market," Sussman says, while emphasizing that a dominant rental market is causing home owners to keep their properties in lieu of selling. He believes there's little cause to foresee prices to bottom out anytime soon. 

For Sellers, this period is as good as the golden era. With lucrative prices reaching historical highs, Sellers were able to capitalize on their profits, getting maximum equity for their investments. As the current bullish real estate market moves in favor of those looking to off their properties, there are many who have already taken advantage of the current situation, that's been so ripe with opportunity. 

In the end, whether your a buyer or seller, the most important question is, "how much longer will home prices continue to rise?" "Trees can only grow so high," Sussman states, finding the question difficult to answer.

 

[Sale] - 7720 Firenze Ave

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Tucked away in the heart of Hollywood Hills, this stunning home exudes tranquility. Contemporary and modern in style and design, this home has views of the canyon and trees, along with an open floor plan perfect for indoor and outdoor entertaining. One can enjoy a grand living room with a fire place, a peaceful patio terrace and pool, as well as hardwood floors, gourmet kitchen, and an abundance of natural light throughout the home. This is a perfect family home located in the world renowned Wonderland school district, or for those looking to experience and enjoy the quintessential serenity of the canyon hills.

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[Sale] - 649 Madison Ave.

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We're pleased to announce the recent closing of this off-market deal. This building was truly "one-of-a-kind," with it's eccentric layout, vintage characteristics, and hidden location, it resembled the likes of an old artist's tavern. Located at the corner of Melrose Ave. and Madison Ave., the extremely convenient location, along with the zoning (C-2, R-4), was such a unique find for our clients to pass up, and turned out to be the perfect location for their new studio.

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Looking for off-market deals? Whether you're seeking a "fixer-u[[er," a multi-unit building, or even an office space, we've got you covered. With our extensive network, our team can help you navigate the competitive market for your next investment/project. Contact us now to speak to someone about your search.

[Sale] 1242 N Sweetzer Ave

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Architectural 2 bedroom, 2.5 bath plus loft townhouse in West Hollywood on a tree lined street! 4 units only and set back from the street providing a private home feel. Tennessee Bleached Hickory floors w/ expansive wide 8 foot planks. Generous skylights & windows fill this unit with light throughout the day giving it a dramatic effect all the time. Remodeled kitchen with Pental quartz counter tops, Subway tile back splash, Avalon Maple Medallion custom-made cabinets w/ under counter lighting & LG stainless steel appliances. Huge master suite with fireplace, 2 story vaulted ceilings and walk-in closet leading to the master bath. Spectacular tree top and Hollywood Hills views. 2 car parking with private garage. Close proximity to the Sunset Strip, Santa Monica Blvd. , restaurants, theaters, shopping, boutiques, night life and central location to the studios, makes this the perfect location!

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