tag:blogger.com,1999:blog-4846814498283585105.post1229899464316334444..comments2023-10-17T03:56:37.638-07:00Comments on Westside RE Comparables: Mar Vista MeltdownsAnonymoushttp://www.blogger.com/profile/02624092640232514548noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-4846814498283585105.post-34304381079552828932007-05-02T22:04:00.000-07:002007-05-02T22:04:00.000-07:00Another Mar Vista Meltdown :12629 Caswell Ave #13 ...Another Mar Vista Meltdown :<BR/><BR/>12629 Caswell Ave #13 LA 90066<BR/>CONDO 2+1, 954 sq ft, SOLD for $469K<BR/>on 12/6/06, $492/sq ft<BR/><BR/>12629 Caswell Ave #6 LA 90066<BR/>CONDO 2+1, 954 sq ft, SOLD for $381K<BR/>on 3/7/07, $399/sq ft<BR/><BR/>$381K/$469K = .812 (-18.8%)in 3 months!Anonymoushttps://www.blogger.com/profile/02624092640232514548noreply@blogger.comtag:blogger.com,1999:blog-4846814498283585105.post-87795678263514343832007-04-22T23:09:00.000-07:002007-04-22T23:09:00.000-07:00According to the LA Times (4/22/07) Condo median s...According to the LA Times (4/22/07) Condo median sales prices took another big hit last month. (-15.3%) when measured YOY (Year over Year)Anonymoushttps://www.blogger.com/profile/02624092640232514548noreply@blogger.comtag:blogger.com,1999:blog-4846814498283585105.post-81410083604946407012007-04-16T22:43:00.000-07:002007-04-16T22:43:00.000-07:00HPM (House Multiplier) for :4129 McConnell Blvd, L...HPM (House Multiplier) for :<BR/><BR/>4129 McConnell Blvd, LA 90066<BR/>2+1, 941 sq ft, SOLD 2/13/07, $644,500, 4960 sq ft LOT (Borders Commercial Parking Lot)<BR/><BR/>941/4960 = .19 (HF)<BR/>1.0 - .19 = .81 (LF)<BR/><BR/>$644,500 x .19 = $122,450 (HV)<BR/>$122,450/941 = $130.0/sq ft (HV/SQFT)<BR/><BR/>$644,500 x .81 = $522,050 (LV)<BR/>$522,050/4960 = 105.3/sq ft (LV/SQFT)<BR/><BR/>130.0 + 105.3 = 235.3 (HPM) <BR/>House Price MultiplierAnonymoushttps://www.blogger.com/profile/02624092640232514548noreply@blogger.comtag:blogger.com,1999:blog-4846814498283585105.post-86785552740554187472007-04-16T22:29:00.000-07:002007-04-16T22:29:00.000-07:00HPM (House Price Multiplier) for :3467 Grand View ...HPM (House Price Multiplier) for :<BR/><BR/>3467 Grand View Blvd, LA 90066<BR/>SFR, 3+1, 1080 sq ft, SOLD 3/4/07<BR/>$1,475,000, 12,048 sq ft LOT (View)<BR/><BR/>1080/12048 = .09 (HF) House Factor<BR/>1.0 - .09 = .91 (LF) Land Factor<BR/><BR/>$1,475,000 x .09 = $132,750 (HV) House Value<BR/>$132,750/1080 = $122.9/sq ft (HV/SQFT)<BR/><BR/>$1,475,000 x .91 = $1,342,250 (LV) Land Value<BR/>$1,342,250/12048 = $111.4/sq ft (LV/SQFT)<BR/><BR/><BR/>122.9 + 111.4 = 234.3 (HPM) <BR/>House Price MultiplierAnonymoushttps://www.blogger.com/profile/02624092640232514548noreply@blogger.comtag:blogger.com,1999:blog-4846814498283585105.post-71188865234335571062007-04-15T13:03:00.000-07:002007-04-15T13:03:00.000-07:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/02624092640232514548noreply@blogger.comtag:blogger.com,1999:blog-4846814498283585105.post-70178289426588560782007-04-04T16:37:00.000-07:002007-04-04T16:37:00.000-07:00Absolutely, as credit gets tighter, so will qualif...Absolutely, as credit gets tighter, so will qualifying for higher amounts. if you look at Bel Air and Marina del Rey last month, they were almost dead in the water. I suspect slaes activity will slow dramatically, as first time buyers are squeezed out due to exotic lending drying up.Anonymoushttps://www.blogger.com/profile/02624092640232514548noreply@blogger.comtag:blogger.com,1999:blog-4846814498283585105.post-42456379132848590582007-04-04T14:09:00.000-07:002007-04-04T14:09:00.000-07:00Seems a lot more activity (new and sold listings) ...Seems a lot more activity (new and sold listings) in Palms-Mar Vista than Santa Monica. Will we see a slow down with tightening credit?Westside Bubblehttps://www.blogger.com/profile/03383559105050069002noreply@blogger.comtag:blogger.com,1999:blog-4846814498283585105.post-11903191218842006832007-04-02T17:13:00.000-07:002007-04-02T17:13:00.000-07:00So far, just a little condo war at the Gateway bui...So far, just a little condo war at the Gateway building by the Marina del Rey Freeway. Asking prices still seem a bit high and sellers appear to be staging a standoff against buyers. What will happen in Mar Vista, once summer comes?Anonymoushttps://www.blogger.com/profile/02624092640232514548noreply@blogger.comtag:blogger.com,1999:blog-4846814498283585105.post-37851542119513563342007-03-29T06:39:00.000-07:002007-03-29T06:39:00.000-07:00Get ready for the TsunARMi.. Adjustable Rate Mortg...Get ready for the TsunARMi.. Adjustable Rate Mortgages begin resetting in April and are headed this way !! Headed to a neighborhood near you...Anonymoushttps://www.blogger.com/profile/02624092640232514548noreply@blogger.comtag:blogger.com,1999:blog-4846814498283585105.post-9029257784005807432007-03-27T21:16:00.000-07:002007-03-27T21:16:00.000-07:00Suprisingly, I did see a property go into escrow r...Suprisingly, I did see a property go into escrow right away on the corner of Mountain View and Charnock in Mar Vista Hill. Asking price was $995K. 2 story house, cleaned up nice on a decent, but average size lot. Apparently, clean houses in prime areas are selling. Everything else is dead. Seems to me, buyers can pick and choose now.Anonymoushttps://www.blogger.com/profile/02624092640232514548noreply@blogger.com