Activities/Events/Issues in or around Southern California (Los Angeles and Orange Counties)

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Element Building Marina Del Rey Loft Auction Panoramic Views

Panoramic View from the balcony of Penthouse Unit 501
unit 501 panoramic element-auction

Northwest facing view from penthouse unit # 512
northwest view from 5th floor balcony

Southwest facing view from penthouse unit # 512
south west view from unit 512 balcony

View North from 5th Floor
north view from 5th floor

View of Common BBQ area from the 5th Floor
commone BBQ area from 5th floor

The turnout for this auction should be good, at my first info session 11/28/09 the classroom was only 30-40% full.  When I went back 12/6/2009 the auction company had moved the class to a bigger unit and people were lined up out the door...

auction seminar packed

Auction is in 4 days, if you want to participate better register now!!

For information on how the auction is going to run see my previous post

View all photos of Element Auction Marina Del Rey

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Whittier California: Even in Winter, a Wonderfully Liveable Community

The holiday season is a great time to enjoy Whittier's own brand of winter cheer; and in keeping with the trends in real estate over the last few months, a choice time to buy Whittier area property.

Sales of single family homes in October 2009 in Whittier added up to 117, with the average sales price hovering around $370K. While the majority of homes sold for prices between 3% and 20% lower than those of a year earlier--October 2008--homes sold in the 90601 and 90602 zip codes actually showed a sharp increase in price, certainly great news for Whittier area home sellers!

The average listing price among Whitter area homes for sale at the end of November was $453K , with some 350…

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If you've found this blog post you are most likely already interested in the Element Lofts developed by the now bankrupt John Laing homes.

Element-Auction-Marina-Del-Rey

I spent all day saturday 11/28/09 with clients looking at all the different floorplans and learning about how the auction (run by IntelliMarket) is going to be run.

  1. Intellimarket runs auctions unlike any other Real Estate Auction company.  They run a simultaneous auction which means all properties are auctioned at the same time.  The entire auction is put on a 4 minute timer, every time a new bid is received the auction clock re starts, the auction isn't over until the 4 minute clock expires with no one bidding.  Auction Manager Collen Lakshin said Intellimarket anticipates the auction to last ~ 1.5-2 hours…

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I think the fact the IOC wanted to do something avant garde and choose an exotic destination for the Olympics where the game has never been held before is a great idea.  Rio De Janeiro is an unbelieveable city, personally I would love to be in Rio for the games I'm sure the experience would be something special.  In the 2008 China games there was that very unfortunate event where the parents of an american was stabbed randomly.  I gurauntee the violence, robbery, kidnapping and extortion that will take place in 2016 will be 20X worse.  Rio is a beautiful city but very rough and very dangerous.  While the Cariocas will be on their best behavior for the Olympics so will the the street thugs, kidnappers, drug dealers, and theives.  Good luck to anyone who…

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Concerned about crime in the neighborhood you are considering buying into?  Use this website to review statistics on past crime in your new neighborhood.

http://crimereports.com/

Great source of data, uploaded directly from Local Law Enforcement Agencies.

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Its that time of year again... 

NBA Playoff time in Los Angeles and the Lakers (like they usually do) have a legitimate shot at taking the title again this year.  2nd best record in the league, returning everyone from a team that should have won the whole thing last year if it wasn't for a complete meltdown in game 4 at Staples Center.  Plus with the addition of a healthy Trevor Ariza and Andrew Bynum things look very good for Phil Jackson's crew.

 

kobe_1_131

What does this mean?

Get ready to start seeing all those fair weather fans that probably can't name a player on another team in the entire league and still might think Shaq is on the team place their Purple & Yellow Laker flags on their cars.  This is LA of course and everyone always loves to try and…

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