2003 -2004 prices still to be found on The Westside
Not everything is going out at multiple offers these days. Restricted inventory by banks has created an artificial market in many areas, but some homes are still being sold at 2003 - 2004 prices. Here they are for the month of January. Feel free to comment on any of these sales.
BEVERLY HILLS
234 S. Gale Dr. #109
Sold on 4/27/05 for $700,000
Sold on 1/15/13 for $650,000
CULVER CITY
6000 Canterbury Dr. #D313
Sold on 7/2/04 for $385,000
Sold on 1/15/13 for $375,000
10850 Fairbaks Way
Sold on 8/27/04 for $675,000
Sold on 1/7/13 for $650,000
4927 Indian Wood Rd. #372
Sold on 6/26/04 for $329,000
Sold on 1/24/13 for $325,000
5600 Kensington Way #102
Sold on 11/5/03 for $335,000
Sold on 1/16/13 for $321,000
11124 Orville St.
Sold on 11/22/04 for $660,000
Sold on 1/14/13 for $530,000
9103 Summertime Ln #14
Sold on 3/27/09 for $320,000
Sold on 1/7/13 for $245,000
11044 Lindblade St.
Sold on 1/10/13 for $715,000
WEST LA
1246 Armacost Ave. #102
Sold on 12/9/05 for $785,000
Sold on 1/24/13 for $625,500
1605 Armacost Ave. #111
Sold on 9/13/05 for $526,000
Sold on 1/17/13 for $335,000
1258 Barry Ave. #1
Sold on 12/1/98 for $426,000
Sold on 1/25/13 for $580,000
1835 Pandora Ave. #101
Sold on 2/21/06 for $1,200,000
Sold on 7/24/13 for $705,000
1925 Beverly Glen Blvd. #43
Sold on 1/7/13 for $580,000
1312 Centinela Ave. #103
Sold on 1/16/13 for $260,000
RANCHO PARK/CHEVIOT HILLS
10581 Butterfield Rd.
Sold on 9/22/05 for $1,450,000
Sold on 1/25/13 for $1,300,000
1375 Kelton Ave. #206
Sold on 7/29/05 for $463,000
Sold on 1/22/13 for $389,000
2506 Westwood Blvd.
Sold on 1/11/13 for $685,000
12117 Clarkson Rd.
Sold on 1/10/13 for $700,000
WESTWOOD
10633 Kinnard Ave. #12
Sold on 1/17/13 for $431,000
BRENTWOOD
11827 Goshen Ave. #101
Sold on 1/11/13 for $479,000
BEL AIR
1979 Stradella Rd.
Sold on 7/11/07 for $1,500,000
Sold on 1/8/13 for $760,000
2100 Roscomare Rd.
Sold on 4/8/04 for $925,000
Sold on 1/10/13 for $835,000
10388 Oletha Ln.
Sold on 1/18/13 for $715,000
MAR VISTA
12806 Pacific Ave. #10
Sold on 11/28/05 for $549,000
Sold on 1/25/13 for $459,000
12629 Caswell Ave. #10
Sold on 8/10/05 for $542,000
Sold on 1/9/13 for $405,000
3910 Coolidge Ave.
Sold on 1/18/13 for $600,000
PACIFIC PALISADES
16521 Las Casas Pl.
Sold on 1/30/07 for $1,800,000
Sold on 1/25/13 for $1,065,000
17185 Avenida de Santa Ynez
Sold on 1/15/13 for $1,095,000
600 Palisades Dr.
Sold on 1/10/13 for $895,000
MARINA DEL REY
3020 Yale Ave.
Sold on 12/13/05 for $995,000
Sold on 1/23/13 for $886,000
13700 Marina Pointe Dr. #1519
Sold on 3/7/06 for $680,000
Sold on 1/15/13 for $395,000
MALIBU
20330 Big Rock Dr.
Sold on 10/21/02 for $1,700,000
Sold on 1/18/13 for $2,229,000
23343 West Paloma Blanca
Sold on 1/23/13 for $975,500
SANTA MONICA
3101 5th St. #14
Sold on 7/26/05 for $295,000
Sold on 1/23/13 for $260,000
WEST HOLLYWOOD
962 Doheny Ave. #202
Sold on 9/5/07 for $1,050,000
Sold on 1/24/13 for $725,000
837 N. West Knoll Dr. #115
Sold on 1/18/04 for $425,000
Sold on 1/24/13 for $328,000
1233 N. Flores St. #103
Sold on 8/2/04 for $435,000
Sold on 1/16/13 for $410,000
1209 N. Kings Rd. #5
Sold on 3/26/07 for $610,000
Sold on 1/14/13 for $390,000
1023 Hancock Ave. #313
Sold on 1/13/05 for $435,000
Sold on 1/18/13 for $357,000
930 N. Doheny Dr. #412
Sold on 12/27/02 for $565,000
Sold on 1/8/13 for $480,000
967 Hammond St. #5
Sold on 1/10/13 for $670,000
1215 Genesee Ave.
Sold on 1/8/13 for $710,000
People paying top dollar via multiple offers could be in for a big suprise, if the banks have begun unloading these.
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2 comments:
Latesummer thank you for this coverage. These do look like nice roll backs 444 Euclid Street
Sold on 1/18/13: $2,360,000
I see the new owners plan to tear this down. Is this an all time peak price for a teardown on a standard 7500 square foot piece of land? Hard to believe that we are back at all time peak prices in this one neighborhood
"Hard to believe that we are back at all time peak prices in this one neighborhood"
Agree completely. Years ago, I literally had visions in my head of fire sale prices, inventory everywhere, a true "buyers market".
Boy was I wrong. As I sit here in early 2013, it is hard to imagine how different the market is than what I expected. If the 2013 version of me told this to the 2006 version of me, the 2006 version would respond hostilely, saying I must be a "realtard".
Now the 2013 version of me, beaten down, crushed, etc. is now wimpering my way back onto the market.
It just wasnt supposed to be that way...
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