Read about the latest Market Trends, Southern California living conditions, and how to invest in Southern California Real Estate. Featuring Real Estate and Community News for Pasadena, San Marino, South Pasadena, Silver Lake, Los Feliz, Highland Park, Eagle Rock, Alhambra, Whittier, San Gabriel Valley, North East Los Angeles, and Greater Los Angeles Area.
VIEW LISTING Nestled in a desirable Altadena neighborhood, this lovely home is a blend of tranquility and convenience. With plenty of natural light, the interior welcomes you with fresh updates, including new carpet, interior paint, and window blinds. A spacious detached two-car garage and a long driveway provides ample parking. This unique property has the potential for expansion, renovation, or the creation of an Accessory Dwelling Unit (ADU). This home is located nearby hiking trails, community garden, golf course, library and shopping. Learn More...
Open House 373 West Poppyfields Drive, Altadena, CA 91001 Saturday, September 9 • 2pm-4pm Sunday, September 10 • 2pm-4pm
Are you a first-time homebuyer considering your options? Condos are perfect for those starting with a modest budget with lower upfront costs and monthly mortgage payments. Here are 5 reasons why a condos can make an excellent choice for you:
1. Prime Locations: Condos are strategically placed in desirable urban or suburban areas, bringing work, entertainment, and amenities closer to your doorstep –such as this newly upgraded condo in Pasadena just moments away from Old Town Pasadena, Paseo outdoor mall, South Lake
2. Lower Maintainance - Say goodbye to landscaping, roof repairs, and exterior upkeep. Monthly homeowners' association (HOA) fees handle these chores, saving you time and money.
3. Amenities: Many condos come with exciting perks like swimming pools, fitness centers, clubhouses, pet areas, and security services. These amenities enhance your lifestyle and justify your monthly HOA fee.
4. Lock-and-Leave Lifestyle: Condos offer a convenient "lock-and-leave" lifestyle, ideal for frequent travelers and busy individuals. Condos often feature gated entrances, surveillance cameras, and secure access systems, providing peace of mind for first-time homeowners.
5. Investment Potential: Condo ownership enables you to build equity over time, setting the stage for future real estate investments. In certain markets, condos can appreciate in value over time, potentially yielding a solid return on investment if you decide to sell in the future.
However, it's crucial to consider potential downsides, such as personalization restrictions, limited outdoor space, and HOA management issues. Thoroughly research your chosen condo development, understand HOA rules and fees, and ensure it aligns with your unique preferences, needs, and financial situation.
In conclusion, condos can be the perfect stepping stone into homeownership, offering a blend of affordability, convenience, and community that makes them an attractive option for first-time buyers. 🏠 #CondoLiving #StarterHome
Need help deciding if a condo is the right starter home for you? Reach out today and will help you find the perfect home for your dreams.
Call/Text: (626) 817-3238 or visit EdwardUriarte.com Edward Uriarte (DRE 01102702)
Chic, Live/Work loft in South Pasadena's historic Mission District! Originally built as a concrete office and warehouse, this 1925 building was completely renovated in 2003 and transformed into the 18 unit, Mission District Lofts. This unique two-story loft was meticulously updated in 2014 with polished concrete flooring, modern cabinetry, and LED track lighting. The upper level is currently set up as a stylish living space featuring a loft style bedroom, mountain views from a large balcony, built-ins, and Dacor appliances. The lower level, with its own private entrance, is furnished as an office for three with a Haworth office system, extensive built-ins and a private balcony. Learn more, call/text Edward at (626) 817-3238 or email: Edward@EdwardUriarte.com
Open House: 812 Fremont Ave, Unit 205, South Pasadena, CA 91030
Thursday, August 24 • 11am-2pm Saturday, August 26 • 2pm-4pm
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Spacious, Newly Upgraded Condo Nestled in the Heart of Pasadena
Listing Agent: Edward Uriarte, COMPASS Welcome Home to your new haven nestled in the heart of Pasadena! This spacious, newly upgraded condo is moments away from Michelin star restaurants Parkway Grille and Agnes, a cozy honey vanilla latte at Urth Cafe, or paging through a local read at Vroman’s Bookstore. Stretch out in this 1 bed / 1 bath residence with an expansive open floor plan, complemented by a generous balcony and ample storage solutions throughout. Freshen up in a spacious main suite features a vanity area and a freshly revamped bathroom. Savor the joy of cooking with a kitchen stocked with new appliances - refrigerator, range, and dishwasher and built-in cabinetry. Experience the Los Robles Plaza lifestyle, which includes secured entry, gated parking, a communal pool and spa, on-site laundry facilities, and a fitness room. Learn More...
Open House: 355 S Los Robles Ave Unit 214, Pasadena 91101
Saturday, August 26 • 1pm-4pm Sunday, August 27 • 2pm-4pm
Welcome to your New Haven in the heart of Pasadena! This exquisite and newly upgraded condominium presents an unmissable opportunity. Nestled in a prime Pasadena locale, just moments away from Old Town Pasadena, Paseo outdoor mall, South Lake, and convenient access to the 210/110 freeways, this residence boasts not only beauty but also convenience at its finest. The neighborhood's walkability is truly exceptional.
Step inside this unit to discover an expansive open floor plan that seamlessly flows, complemented by a generous balcony and ample storage solutions throughout. The main suite, characterized by its spaciousness, features a vanity area and a freshly revamped bathroom, ensuring your comfort and luxury. Additional storage is available in the hallway closet. The kitchen effortlessly connects to the dining space, enhanced by built-in cabinetry.
Experience the Los Robles Plaza lifestyle, which encompasses secured entry, gated parking, a communal pool and spa, on-site laundry facilities, and a fitness room. This unit is ready for you to move in and make it your own – a viewing is essential to truly appreciate the splendor it offers. Don't let this opportunity slip through your fingers!
Welcome home to San Marino's real estate market report. I've been asked several times over the last several weeks of what's happening in San Marino, and how's the market coming along? For curious minds I have put the following information together and hopefully it can help answer any question you may have. And if you have any additional questions, feel free to reach out as every scenario is different.
Here is San Marino Real Estate market by the numbers per MLS. 2022 started strong and ended quietly as there was much turbulence in the in the year with interest rates going up to 20-year highs. The year with interest rate above 7%. The 4th quarter of 2022 was very flat with a lot of talk of rates increase and inflation going up. How does 2022 compare to 2021?
1. 2022 there were 127 homes sold versus 160.
2. 2022 the average price per square foot was $985 approx. 8% higher than 2021 $909 and approx. 18% higher than pre-Covid 2020 $808
3. 2022 The average home price in San Marino was ($3,054,651) approx. a little lower than 2021.
4. 2022 the average size home was 3,114 and the average size lot 14,633 with 4 bedrooms 3bath 2022 is the list price to sale price was 105%, meaning that if your house was listed for $2 million. You're final price would have increased by 5% above to 2,100,000 approximately 2022 The average days on the market was 39 days. Lower than the 51 days in 2021
How does it compare to pre COVID numbers? So let's go back to 2020. In 2022 there were 127 homes sold, in 2020 there 108 homes sold in 2022 the cost per square foot was approx. $985 and in 2020 The cost per square foot approx. $808 we are still approx. 18% higher than 2020, San Marino is still very substantially higher than what we were before. As well as the average price in 2022 at $3,054,651 compared to 2020 $2,443182 is still much higher.
Another item to point out is that the listing price of sales price in 2020 was 99% where currently we are around 105% as demand still remains high for good homes in good areas when home are priced well. This is the market by its numbers.
How has the market started off this year January 2023? The demand has started high as buyers are coming the rationalization the market is not correcting as much as they anticipated, and rates have come down to the mid 5’s low 6’s and home inventory has remained low as many owners who refinanced to lower rates are staying put. In turn has created a active market, and buyers don’t seem to be waiting on the side lines, and anybody who's looking for a big drop off in the market.
We are definitely not seeing that at the moment and don't foresee that either coming along in the near future because of the inventory levels being low currently here in January, San Marino has 23 active listing, still low historically, compared to other years. If you have any other questions that we can help answer, please reach out. We will put some additional information and numbers below, and you can see and compare with other years to determine if this is a good time for you as still a strong market for sellers that price and show well.
Have additional questions about the real estate market? Call or text us today! (626) 817-3238
Here are the trends that we’ve gathered on Southern California Real Estate as we wrap up November 2022. In this episode, Edward reviews the Median Home Prices from October 2022 and how they compare to previous years. How do they compare to pre-covid times? Are home prices starting to drop? Has the price correction in the housing market occurred? What does this mean for you buying or selling a home in this season? Tune in here. Have additional questions about the real estate market? Call or text us today! (626) 817-3238
Edward Uriarte | DRE 01102702 www.EdwardUriarte.com
Here are the trends that we’ve gathered on Southern California Real Estate as we head into October 2022. Currently, Los Angeles county currently sits at 2.3 months of inventory. What does this mean for you if you are selling a home in this season? How does this affect you if you're looking to buy a home? Tune in here.
Have additional questions about the real estate market? Call or text us today!
Welcome Home to this Mediterranean town home built in 2008. Located in the desirable entertainment & tech hub of Culver City and just minutes away from many of Southern California’s favorite beaches. This beautiful tri-level townhome offers a 2-car garage on the lower level with direct access into the unit that comes off a secure gated driveway.
On the first floor of the home, entertain family and friends with an open concept floor plan that includes a chef kitchen with stainless steel appliances, dining room with its own private patio and living room that offers tall ceilings with recessed lighting, hardwood floors, and gas burning fireplace,
The 2nd floor welcomes you into a sitting area for you and the family to gather that can double up as a home office or possible 3rd bedroom, there is an updated full bathroom, and a stacked washer and dryer closet with additional storage. The main bedroom suite, with large windows and high ceilings, walk-in closet, and en suite bathroom that includes a freestanding spa-like shower, soaking tub, and dual sinks. On the other side of the unit is the cozy second bedroom with ample closet space and full bathroom. Stacked washer and dryer closet provides convenient laundry access and additional storage.
If you've been searching for a well-maintained smaller complex with low monthly dues, located just blocks from downtown Culver City and in the most coveted school district...look no further.
Will this home give you that "I could live here feeling?"
Can a Buyer Work with Multiple Real Estate Agents? Edward answers your real estate questions! In this episode, Edward dives into whether you should use a single agent or multiple agents when buying a home. You deserve a more meaningful home journey. As an LA-raised local with 25+ years of Real Estate experience, I’m here to help you navigate this process and help you get your homes, your dreams! Ready to start your home search? Reach out today! What real estate questions would you like Edward to answer next? Comment below.
