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This buyer tour booklet lists all the homes open in Westwood on Sunday July 6th, 2014.
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Cloud CMA
Buyer Tour
PREPARED FOR
Westwood Homes Open House 7 6 14
JULY 6, 2014
LISTINGSCloud CMA
Map of All Listings
MLS # Status Address Price
1 14770289 A 11137 MONTANA AVE, Los Angeles $3,250,000
2 14768569 A 2143 KERWOOD AVE, Los Angeles $2,195,000
3 14766131 A 2148 MANNING AVE, Los Angeles $1,399,500
4 14756993 A 1945 S BENTLEY AVE, Los Angeles $1,249,000
5 SR14129309 A 2231 Veteran Avenue, Los Angeles $1,249,000
Status: A = Active
MLS#14770289
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Property Details
$3,250,00011137 MONTANA AVE, Los Angeles
Courtesy of Berkshire Hathaway HomeServices California PropertiesLISTING INFORMATION
MLS#: 14770289 Beds: 5 Sq Ft: 2,778 List Date: 6/18/14
Status: Active Baths: 3/0 Year Built: 1929 DOM: 18
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Refrigerator,Washer; Exterior: Brick,Brick and Wood;Interior: Basement,Built-Ins,Turnkey; Kitchen: Counter Top; Floors: Hardwood; Roof: Composition; MelloRoos: Unknown; Cooling: Central A/C; Heating: Central Furnace; View: Mountain View,Tree Top View; TBmap code: 631J2; Zoning: LAR1; Pool: Heated,Private Pool; Spa: None; Patio: Patio Open; CDOM: 18;Lot description: Back Yard,Fenced Yard,Landscaped,Lawn,Yard; Lotsize: 12459;
REMARKS
Prominently positioned high above Montana Avenue in the well sought after Westwood Hills area of Los Angeles, isthe meticulously designed masterpiece by the talented Architect, Harry Hayden Whiteley. This stately 5 bedroom/3bathroom home embodies the warmth, style, and integrity from its original 1929 origin, and has been updated tohonor the contemporary flair of today. Upon entering the grand brick-laden entry you will discover; hardwood floorsthroughout, a formal living room with fireplace and French doors leading to a covered veranda, an elegant formaldining room that opens to both the kitchen and charming breakfast nook. 4 bedrooms upstairs overlook the lushlylandscaped front and back yards, expansive pool and cabana. This home was clearly designed for graciousentertaining, as evidenced by its decidedly understated noble appearance.
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14770289
Cloud CMA
Listing Photos
$3,250,00011137 MONTANA AVE, Los Angeles
MLS#14770289
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More Listing Photos
$3,250,00011137 MONTANA AVE, Los Angeles
MLS#14768569
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Property Details
$2,195,0002143 KERWOOD AVE, Los Angeles
Courtesy of Nelson Shelton & AssociatesLISTING INFORMATION
MLS#: 14768569 Beds: 5 Sq Ft: 4,052 List Date: 6/11/14
Status: Active Baths: 4/0 Year Built: 2006 DOM: 25
FEATURES
Status details: Active; Appliances: Dishwasher,Garbage Disposal,Refrigerator; Floors: Hardwood,Mixed (N);Cooling: Air Conditioning,Central A/C; Heating: Central Furnace; View: No View; TB map code: 632D4;Zoning: LAR1; CDOM: 25; Lotsize: 6010;
REMARKS
HERE'S AN OPPORTUNITY TO PURCHASE A RARE FIND, THAT WOULD ALLOW YOU TO LIVE/WORKNEAR THE VIBRANT CENTURY CITY BUSINESS & PLAY CENTER. A MODERN MAIN STRUCTURE INFRONT W/HI CEILINGS, OPEN FLOOR PLAN & MASSIVE LIVING SPACE ALL AROUND W/ANABUNDANCE OF NATURAL LIGHT. 2 FIREPLACES ON EACH END OF THE OPEN LIVING/DINING/FAMILY ROOMS. FUNCTIONAL KITCHEN PERFECT FOR ENTERTAINING. 2 SPLIT BEDROOMSDOWNSTAIRS. HUGE MASTER SUITE W/A SPACIOUS BATHROOM & A ROOMY WALK-IN CLOSET & 2ADD'L BEDROOMS ON 2ND FLOOR. LOFT/DEN AREA NEXT TO MASTER. HERE IS YOUR BONUS: ADETACHED GUESTHOUSE W/ITS OWN PHYSICAL ADDRESS OFF OF OLYMPIC BLVD MAKING IT APERFECT SET-UP FOR A MUSICIAN/IT OR JUST SIMPLY YOUR IN-LAWS OR TEENAGER.
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14768569
Cloud CMA
Listing Photos
$2,195,0002143 KERWOOD AVE, Los Angeles
MLS#14768569
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More Listing Photos
$2,195,0002143 KERWOOD AVE, Los Angeles
MLS#14766131
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Property Details
$1,399,5002148 MANNING AVE, Los Angeles
Courtesy of Keller Williams Rlty BrentwoodLISTING INFORMATION
MLS#: 14766131 Beds: 3 Sq Ft: 2,175 List Date: 6/2/14
Status: Active Baths: 3/0 Year Built: 1928 DOM: 34
FEATURES
Status details: Active; Appliances: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Washer; Floors:Carpet,Hardwood,Mixed (N),Slate; Cooling: Central A/C,Wall Unit(s),Ceiling Fan(s); Heating: CentralFurnace,Gravity Heating; View: Park Or Green Belt View; TB map code: 632D5; Zoning: LAR1; Spa: HotTub; CDOM: 34; Lotsize: 6751;
REMARKS
Charming Spanish style home with cozy front courtyard and private rear patio area. Extra spacious living room withnew carpet off entryway with warming fireplace. Separate dining and breakfast rooms off the remodeled kitchen withnewer high quality appliances. Den and Master bedroom and master bathroom were added with permits. Separateoffice/guest house in rear of property. Convenient to nearby restaurants, shops, movie theaters.
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14766131
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Listing Photos
$1,399,5002148 MANNING AVE, Los Angeles
MLS#14766131
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More Listing Photos
$1,399,5002148 MANNING AVE, Los Angeles
MLS#14756993
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Property Details
$1,249,0001945 S BENTLEY AVE, Los Angeles
Courtesy of Keller Williams Rlty-Marina/LALISTING INFORMATION
MLS#: 14756993 Beds: 3 Sq Ft: 1,670 List Date: 5/1/14
Status: Active Baths: 3/0 Year Built: 1931 DOM: 66
FEATURES
Status details: Active; Appliances: Dishwasher; Floors: Hardwood,Tile (N); Cooling: Central A/C; Heating:Central Furnace; View: Other View; TB map code: 632B5; Zoning: LAR1; CDOM: 66; Lotsize: 4923;
REMARKS
Come see this Dramatic Westwood Mediterranean remodeled to perfection! This stunning home has 3 bedrooms & 3bathrooms with a very modern, & expansive living & dining area opening to an entertainers kitchen. High qualityupgrades & attention to detail throughout include hickory hard wood floors, wood beamed ceilings, originalfireplace, & contemporary hardware & lighting. Large chef's kitchen with top of the line appliances from Bertazzoni& Jenn-Air, center island & breakfast bar. Amazing master suite offering spa bath with skylight, large walk-in shower,claw foot tub, custom white oak dual vanity, Italian tile, & walk-in closet with built-ins. Charming outdoor spacesinclude a front courtyard with a 5 spout fountain, a back deck off the master & a back yard lounge surrounding afire pit. Finished garage with French Doors opening to lushly landscaped yard. New roof, copper plumbing,...
Source: CARETS_CLAWInformation is deemed reliable but not guaranteed.
MLS#14756993
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Listing Photos
$1,249,0001945 S BENTLEY AVE, Los Angeles
MLS#14756993
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More Listing Photos
$1,249,0001945 S BENTLEY AVE, Los Angeles
MLS#SR14129309
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Property Details
$1,249,0002231 Veteran Avenue, Los Angeles
Courtesy of M.Pirian Real EstateLISTING INFORMATION
MLS#: SR14129309 Beds: 3 Sq Ft: 1,665 List Date: 6/19/14
Status: Active Baths: 2.00 Year Built: 1928 DOM: 17
FEATURES
Status details: Active; Appliances: Freezer,Garbage Disposal,Refrigerator; Exterior: Stucco; Interior:Turnkey,Open Floor Plan; Floors: Hardwood; Roof: Tile; Cooling: Central A/C; Heating: Central Furnace;Pool: No Pool; Spa: None; Patio: Deck(s); CDOM: 50; Water: Public,Water District; Lot description:Curbs; Cross streets: Veteran and Olympic; Number of units: 1; Lotsize: 5405; Acres: 0.124;
REMARKS
Newly rebuilt with redesigned floor plan. High pitched ceiling in living room & formal dining room. Marblecounter tops in kitchen and baths, stainless steel appliances, designer tiles, custom made cabinetry, tankless waterheater, recess lighting, new plumbing and electrical. New central air condition and heating system. Gorgeous entrancedoor and gated driveway. Large windows throughout let light stream in at all times of day. Detached 2 car garagewith finished wall can be use as a guest house. New landscaped front and backyard with wood deck offers outdoorspaces.
Source: CARETS_CRISNETInformation is deemed reliable but not guaranteed.
MLS#SR14129309
Cloud CMA
Listing Photos
$1,249,0002231 Veteran Avenue, Los Angeles
INFOCloud CMA
What Are Your Homebuying Goals?
With the dramatic rise and fall of housing prices over the last decade, consumers have new respect for homes asinvestments. But the flip side, is that your investment is still a home, one you’re likely to occupy for several years ormore.
Ownership
According to the annual Profile of Home Buyers and Sellers, compiled by the National Association of REALTORS®, theprimary reason buyers cite for purchasing a home is simply the desire to own, followed closely by the desire for morespace, and a change in the family situation.
For most people, buying a home is more about giving household members more comfortable living arrangements andputting them closer to jobs, favorite activities, other family and friends. What are your goals for buying a home? Youmight want a better home and neighborhood. You might want a different kind of living experience, such as moving froman apartment to a single-family home with a private garage and yard. Your family may be growing, so you have to thinkabout school districts and proximity to parks and other recreation.
If you’re not certain, you might think about what would change about your situation if you became a homeowner. You’lldefinitely be more established. If you’re like most homebuyers, you expect to stay in your new home about 10 years.
Equity
You’ll also build equity for yourself, instead of for someone else. Every payment you make, plus the rules of inflation willeventually allow you to recoup most if not all of your investment, or make a profit when you sell. Affordability may alsobe an important factor for you. The combination of low interest rates and low prices allows you to buy more home forthe money. Rents are rising, making ownership more affordable than renting in many areas, especially when you factorin tax incentives such as mortgage interest deductions and property taxes allowable as deductions against your income.
When you buy, make your goals long-term. Choose the home you think will serve your household’s needs the best for thelongest period of time, as it’s been proven that the longer you own a home, the more equity you’ll build. Today’s marketconditions and affordability, make it more likely that you will reach your homebuying goals, no matter what they are.
INFOCloud CMA
The Homebuying Process
Follow These Steps
Get prequalified - Your lender will look at your income, credit scores, revolving debts, obligations such as child supportas well as the type of loan you choose. Other factors that impact how much home you can buy is the down payment;smaller down payments mean higher monthly payments. Last, the interest rate and terms (30-year, fixed or adjustablerate) will determine what you can afford in monthly payments.
Make your wish list - Decide where you want to live and how many bedrooms and baths you’ll need. Consider lifestyle -condominiums offer shared amenities, with little responsibility. Single-family homes offer more space and privacy, butmuch more exterior and yard maintenance.
Hire a real estate professional - Your real estate professional should be expert in the area where you want to live andfamiliar with the type of home you want to buy. Your agent has house-by-house experience in your neighborhood andcan offer the best advice on homes in your range.
Select your home - No home is perfect, so don’t let minor flaws influence you. Think long-term. Which home best suitsthe activities and needs of your household now and in the years ahead? Don’t buy more than you need or cancomfortably afford.
Make an offer - Your offer depends on the current market. If a home has been on the market a long time, you can askthe seller for a price reduction, but if it’s new on the market, the seller is unlikely to accept a low offer. Ask your realestate professional for advice.
Get an inspection - A home inspection is a professional third-party opinion of the home’s condition. The inspector willpoint out the age of systems, and large and small repairs that are needed, so you’ll know what you’re facing as the nextowner.
Get an appraisal - The bank appraisal determines market value. If the home doesn’t appraise for the purchase price, thebank will refuse to make the loan unless you renegotiate with the seller. If it appraises, the lender will move towardclosing.
Go to closing - Once final negotiations are complete, the parties to the transaction meet at the escrow office. This couldbe a title company, real estate attorney, or whatever is customary in your area. All paperwork is signed by both parties.The lender pays the seller, minus any liens against the home such as the seller’s mortgage. Once all the disbursementshave been made, you get the keys to your new home, according to your agreement. Congratulations! You’re ready tomove into your new home
INFOCloud CMA
Making an Offer
Before you submit an offer, have your agent pull up the most recent sold comparables (CMA) within a reasonable radiusof the home, so you can compare the home fairly in terms of location, size, features, and amenities. Next, ask your agentabout market conditions, so you can choose a strategy.
Strategy
In a buyer’s market, discounts are common because there are fewer buyers, more properties for sale, and home prices aresoft or falling. In a seller’s market, homes sell quickly for full price or higher because there are plenty of buyers and fewhomes for sale. Whether you are in a buyer’s market or a seller’s market, your goal is to buy the home at a fair price. Ifyou were the seller, what is the lowest possible price you’d accept?
Risk
Low-balling the seller is risky. If the seller feels insulted by your offer, you’ve lost the opportunity to negotiate. On theother hand, some sellers are simply unrealistic about their home’s value. Maybe your offer will be their wake-up call. Ifthe seller’s home is offered at a reasonable price, pay asking price or close to it. A home priced to sell will sell quickly.
Is there a way to sweeten your offer with a quick closing or an all-cash sale? To show the seller you’re serious, include acopy of your lender’s pre-approval letter, along with a cover letter summarizing your strengths as a buyer in terms ofcreditworthiness, flexibility in closing, and why you love this home. Include a copy of your comparables to show whyyou feel your offer is a fair price for the property. If your offer is conditional, such as your need to sell another homebefore closing on the seller’s, you’ll have to find a way to sweeten the deal, such as a full-price offer. Few sellers wouldaccept a discount and a contingency at the same time.
Reward
Your real estate professional will help you draft the offer with a price, estimated closing date, and terms, includingearnest money (a guarantee that you’ll perform as a buyer in good faith), final approval by your lender, and your right tohave an inspection. Once your offer is negotiated and accepted, your earnest money will be sent to the escrow agent'soffice. Now the inspections occur, and this is where the contract negotiations can break down. During the inspectionprocess, the inspector will tell you about the condition of appliances, heat and cooling systems, roofs, electrical andplumbing systems, etc, and if your future home is up to current city codes. You should only renegotiate a repair when itwasn’t obvious before, or when a system is unsafe or not functioning. Once the seller has agreed, your offer is now abinding contract, and you’ll proceed to closing.
INTRO
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Scott McIntoshColdwell Banker
BRE number 01759826
Mobile 310-500-6107
Web www.scott-mcintosh.com
E-mail [email protected]
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