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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[Sale] 970 Ellington Ln.

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We represented the Buyers on this deal and were so lucky to have our offer accepted (among 10 other offers). It just goes to show how important it is to have the right representation, who knows how to leverage and navigate the current market climate!

"Gated, hidden gem with contemporary flair on a quiet cul-de-sac in prestigious San Rafael estate area by Johnston Lake on a large gated lot. Originally part of a historic estate in 1926, this charming home was substantially expanded in 1975 into this modern, bright & airy home. A tiled entry opens to a large LR with soaring ceilings, step-up dining area with wood floors, cheery kitchen with quartz counters & stainless steel appliances, and a paneled den with fireplace. A spacious master suite with vaulted ceilings, walk-in closet & an attic storage loft, complete the main level. Upstairs are two large BRs with wood floors & a tiled bathroom. French doors access an expansive deck, pool & spa area, surrounded by verdant greenery. An oasis with lots of potential in a premier neighborhood."

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The Top 5 Destinations You Should Visit- When You Just Need to Get Away

Ojai Valley Inn & Spa - Ojai, California

Ojai Valley Inn & Spa - Ojai, California

City life can be enthralling and exhausting at the same time, especially when you live in Los Angeles. Though LA can be a great place, packed with culture, rich history, and ecclectic characters from all walks of life, there are days when the busy urban sprawl, and the crawling traffic can be a bit too much. Here are the top five destinations that we've hand picked from our own personal adventures to help wash away some of that urban grime- because sometimes, we all just need to get away. 

 

1. Carpinteria

Carpinteria State Beach 

Carpinteria State Beach 

Nestled between Ventura and Santa Barbara, on the south eastern tip of Santa Barbara County, this quaint seaside community captures the unpretentious beach vibe that's hard to come by in Southern California. Featuring one of the best Southern California beach campgrounds,  Carpinteria State Beach offers advanced facilities ranging from outdoor showers, fire pits, and trailer/RV parking (tents are welcome) that can host multiple groups (for those large family outings). Reservations are highly recommended, as campgrounds require 6-8 months advanced booking during the peak season. 

 

2. Ojai

View from the land- at the Johnston's residence.

View from the land- at the Johnston's residence.

North of Ventura and east of Carpinteria lies a hidden gem. Home to the Los Padres National Forest,  The charming town of Ojai, though small in size, is home to many different stress relieving activities. With a mixture of rich mission-inspired architecture, quality wine, and a plethora of spas and health resorts, Ojai has everything you can think of when it comes to activities that can help you relax and get away from the city.

 

3. Avalon

Looking out onto Descanso Beach and the Casino. 

Looking out onto Descanso Beach and the Casino. 

Home to the cleanest ocean water in the entire Pacific West Coast, the small town of Avalon, located on Catalina Island is the ultimate getaway from the city life. The island can only be accessed by boat or airplane, which truly makes this destination a remarkable and secluded island retreat. Relax under the shade of beach cabanas on a private Descanso Beach, or go golfing on the Island golf course. Whatever you choose to do, the breath-taking views at every angle and corner will keep your mind away from the woes of urban life. 

 

4. Wrightwood

Jackson Lake, Wrightwood, CA

Jackson Lake, Wrightwood, CA

Located in the San Gabriel Mountains, in San Bernardino County, the town of Wrightwood is only a 90-minute drive from Los Angeles, deeming it the closest destination where Angelenos can venture to see snow during the winter. 

 

5. Morro Bay

View of Morro Rock

View of Morro Rock

Known for its infamous, ancient volcanic rock mound (Morro Rock- at the end of Morro Rock Beach within Morro Bay State Park), Morro Bay is not only home to beachgoers, but also a hot destination for adventurists. A renown location for hikers, trails that lead up to Black Hill feature expansive views over the city and Morro Bay. Kayaking, biking, and eating are among the obvious- as it is with any other beach town. The Main Street Market, open every Saturday from 2:30pm to 6:00pm (except in Winter- Market closes at 5pm November through March), is also a great option for those looking to peruse the beach side town. 

 

Gorgeous 1950's "Ralph's House" (Grocery Store Fame)

1350 Linda Ridge Rd, Pasadena, CA 91103

Designed by Gregory Ain, this 1950's Mid Century Mansion has just gone on the market for the first time in 60 years. Once home to the infamous Walter Ralphs of the Ralph's Super Market super chain, this classic home was recently awarded a historic landmark status by the city of Pasadena in 2014. 

Boasting six-bedrooms, and four-baths, the original built-ins and the abundance of original wood paneling truly makes this home a blast from the past. This is one of the very few Mid-Century Modern homes that seems to blend seamlessly with today's contemporary designs. As modern generational styles infuse with the old, many aspects of older homes may seem dated or lackluster, but this carefully crafted mansion is a true work of art. 

Listed at $2,999,999 the 3,678 Sq. Ft. mansion features spanning views of the hillside, overlooking the pool. Tall old-oaks tower over a perfectly manicured lawn- reminiscent of a quaint countryside escape, frozen in time. 

 

The Historic Development of Downtown LA- At a Glance

 

1928: Braly Building- The Beginning

Throughout the rise and development of Downtown Los Angeles, many have been able to witness the dynamic transformation of the rich; geographical diversification that has occurred over the last few decades. Most of which that came to pass in the form of towering edifices, swallowing whole some of the busiest streets of Los Angeles, dating all the way back to the 1900's. 

 

The Braly Building - Also known as the Continental Building was the first high-rise building in LA. Standing at 13-stories high, at 408 Spring St, in the Historic Core of Los Angeles, The Braley remained the tallest for three years. Shortly after the building was completed, The LA City Council enacted a 150 ft. height restriction on future buildings that remained until the 1950's.

The Braly Building - Also known as the Continental Building was the first high-rise building in LA. Standing at 13-stories high, at 408 Spring St, in the Historic Core of Los Angeles, The Braley remained the tallest for three years. Shortly after the building was completed, The LA City Council enacted a 150 ft. height restriction on future buildings that remained until the 1950's.

It all began in 1903, before the start of World War II. The Braly Building (the Los Angeles's first high-rise) was erected. For the next two decades, the tallest buildings would only be 13 or 14 stories (due to restrictions that were put in place after the completion of the Braly during the Golden Age). In 1928 City Hall was completed and was considered to be LA's first skyscraper holding the title of the city's tallest building for 36 years. 

Fast-forward 100 years and we arrive at the colossal- Wilshire Grand Center. Built and completed in June 2017, the skyscraper that is located in the Financial District, is currently the tallest building west of the Mississippi River. Outside of New York and Chicago, the Wilshire Grand Center building would be the 9th tallest building in the United States, and some would even refer to it as the "Times Square of the West." In light of such a significant benchmark, Commercial Cafe (A Commercial Real Estate Blog) has put together a video of the evolution of Downtown LA, "from the very first skyscraper, to its latest." 

 

In advance of its official opening on June 23, the 73-story Wilshire Grand showed off the full potential of its LED-adorned crown yesterday evening. The video, captured by architectural photographer Hunter Kerhart, shows numerous graphics floating up the tower's spine and around its rooftop sail.

Track of the Week - FKJ ft. Masego - Tadow

FKJ, also known as "French Kiwi Juice" hailing from Paris, France, is back again with more jazzy melodies, but this time, accompanied by the infamous Masego. This collaboration was improvised at Red Bull Studios in Paris. Watch the duos perform effortlessly, as they slay every bar and note to perfection.