Technology for a Smarter Home: 5 ways to make your home smart for under $1,000 bucks!

Nowadays all you hear about is new technology, from electric cars that park themselves to commercial flights bound for space. Well in real estate, Smart Homes are the “new thing”! Smart-home systems start at around $2,000 and top out at more than $1 million, offering homeowners remote-controlled lighting, window shades, swimming pools, door locks, thermostats and security cameras – not to mention cutting-edge sound systems and home theaters. I’ve even seen a system that turns a regular TV room into a nightclub with the touch of a button on your iPad. Innovation is the key to growth and from my experience as a Realtor; it pays to trick your house or business out with the latest gadgets.Don’t just do it to impress friends, family, and customers, but think of potential buyers, as well! In working with clients of all budgets, all over Los Angeles, and in both commercial and residential real estate, I’ve come across some interesting technology and trends. Some of these trends and gadgets are unimaginably expensive, others I find useless, while some are pretty impressive and tangible for home and business owners. Below are some of the smart home trends I’ve seen, which are useful and affordable, and will increase the value and “It Factor” of your property almost instantly!

1. NEST: The smart version of your everyday thermostat, designed to learn the temperatures you prefer while switching to energy efficient settings while you’re away. The more I look at homes, in all price ranges, but mainly those that have been recently updated, the more I see this Nest feature that sellers and agents are always bragging about or pointing out. Essentially it gives new life and sleekness to the boxy, outdated, boring old thermostats you see and throws in a feature that allows you to control the temperature of your home while you’re away, learns what you like, and helps you save a few bucks on your energy bill. Nest runs about $250 and seems to be worth every penny from what I hear.

Nest

2. Cyber Rain Sprinkler System: This is a sprinkler controller with a brain. It uses the internet to check the weather and automatically adjusts run times. This system is ideal for the homeowner who wants to conserve water and be alerted to problems with their landscape. The Cyber Rain Pro checks your controller status every time it waters and emails if it detects a problem. If an optional flow meter is attached, the Cyber Rain Pro will also email you if you have a broken sprinkler head or a leak in your irrigation pipes. The system can also be remotely accessed by your landscape professional. Considering the costs of water and the serious drought problems in CA, this sounds like a smart investment. I’m surprised more people aren’t using technology like this to conserve water and save cash! It’ll run you about $700 bucks, but I’ve seen some of my clients’ water bills and trust me…it’s worth it!

Cyber Rain

3. Phillip Hue: Combines brilliant LED light with intuitive technology. Puts both in the palm of your hand. According to the company site: “Together, the bulbs, the bridge, and the app will change the way you use light. Forever. Experiment with shades of white, from invigorating blue to soothing yellow. Or play with all the colors in the hue spectrum. Hue can wake you up. Help protect your home. Relive your favorite memories, and even improve your mood.” This is a smart LED lighting product that you control from you iOS device. Basically this system takes your home’s or business’ mood lighting to the 21st century. So when you’re putting your home on the market or planning a big restaurant opening, consider “setting the mood” and see what transpires! Costs $200 and you can buy it at the Apple Store.

Phillip Hue

4. Yale Smart Locks: Sleek Motorized Z-Wave Touchscreen Deadbolt for Remote and Automated Access Control. Runs about $250 and combines a highly secure lockset with an illuminated 12-button touchscreen keypad, which allows users to lock and unlock their home via manual control or Z-Wave compatible home controllers. The lock stores up to 25 custom entry codes for easy manual locking and unlocking, plus an automatic deadbolt lock function. It’s designed for seamless integration with any Z-Wave product or central home controller to allow for monitoring of the lock’s status and remote lock/unlocking of your doors. An upcoming Yale lock will feature NFC (near-field communication) tech that will allow you to open it by waving your smart phone over it Jedi-style. With devices like this, you’ll never get locked out again!

Yale

5. The iSmartAlarm System: The system is modular, letting you buy the pieces you need in order to put together the perfect system for your home. You’ll need a CubeOne, which is the brain of the system, and then you can add sensors for doors and windows, cameras, motion detectors and remote control keyfobs. If any alarms come up, you’ll get an alert on your phone, and you can see what’s happening through the app in order to respond appropriately. You can also use iSmartAlarm to see if your family is home — even when you’re working late — and check that all of the doors and windows are closed and locked before heading to bed. Starts at $199, while safety and peace of mind are definitely priceless!

ISMARTALARM-CAM

These days, you can automate just about everything, depending on your budget and needs. The smart home & business trend is something new today, but soon it’ll become the norm and be expected, so get ahead of the game and turn your home or business into a smart one! We may not be living quite like the Jetsons yet, but we’re getting there! If you’re looking for tips or recommendations for home automation, please contact me.

As always, if you or someone you know is in need of real estate assistance, commercial or residential, I am happy to help! Please contact me direct or pass my information along!

Julie Kryukova
Tel: 310.402.8181
Email: jkryukova@gmail.com

US home prices rose at solid pace in January

U.S. home prices rose in January after three months of declines as a tight supply of properties likely supported prices despite slower sales.

Real estate data provider CoreLogic said Tuesday that prices rose 0.9 percent in January after dipping 0.1 percent in December. Over the past 12 months, home prices have risen 12 percent, the biggest year-over-year gain in more than eight years.

Such outsize price gains might not continue much longer, however. Paul Diggle, an economist at Capital Economics, notes that January’s price gains reflect conditions several months ago, when buyers first made offers. The supply of available homes was smaller than it is now, and it helped lift prices. The sales were completed in January.

Since then, more homes have come on the market while sales have slowed. That trend has modestly boosted the supply of homes and “points to a slowdown in price gains later this year,” Diggle said.

Diggle, like most other economists, foresees year-over-year price gains of below 10 percent in the coming months.

CoreLogic’s price figures aren’t adjusted for seasonal patterns, such as winter weather, which can depress sales. Snowstorms and low temperatures contributed to a sharp drop in sales of existing homes in January. The National Association of Realtors said sales plunged to their lowest level in 18 months.

The harsh winter weather has discouraged many Americans from house-hunting. And the average rate on a 30-year mortgage is about a percentage point higher than it was last spring, which means buying costs have risen.

Those factors have weighed on the housing market. Economists think the housing recovery could pick up once the spring buying season begins, though likely at a slower pace than last year.

A measure of signed contracts was unchanged in February, a sign that sales won’t immediately recover from January’s sharp fall. Signed contracts usually lead to a finished sale in one to two months.

And builders broke ground on 16 percent fewer homes in January than in December, the government said last month. That was the second straight decline.

Other price gauges are falling. The Standard & Poor’s/Case-Shiller 20-city home price index dipped in December, the latest period for which data are available, and its year-over-year gain slowed.

Nationwide, home prices are still 17 percent lower than at the peak of the housing bubble in April 2006, according to CoreLogic. Prices have set highs in three states: Louisiana, Nebraska and Texas. They are within 10 percent of their peaks in 19 additional states.

The five states with the biggest price gains in January, compared with a year earlier, were Nevada, where prices rose 22.2 percent; California, 20.3 percent; Oregon, 14.3 percent; Michigan, 13.7 percent; and Georgia, 13.4 percent. Mississippi was the only state to report a price decline.

If you’re looking for residential or commercial real estate assistance please contact me direct at (310)402-8181 or jkryukova@gmail.com.

source: SF Gate

Credit standards going easy on jumbo mortgages

home_money

Demand for non-government loans keeps growing!

Despite overall originations hitting the lowest level since 2010, the past year witnessed a significant increase in the volume of home equity loans and lines of credit, in addition to originating the best-performing mortgages on record, the first report from Black Knight Financial Services, previously known as Lender Processing Services, found. For jumbo mortgages, however, it’s a completely different story.

Two key points about the November numbers stand out according to Herb Blecher, senior vice president of Black Knight Financial Services’ data & analytics division.

“First is that heightened credit standards have resulted in this year being the best-performing vintage on record. Even adjusting for some of these changes, such as credit scores and loan-to-values, we are seeing total delinquencies for 2013 loans at extremely low levels across every product category,” Blecher said.

The second point Blecher emphasized was that overall volumes are down. “We are seeing an increased proportion of the market being supported by non-agency (vs. government) lending – with the share nearly doubling as compared to 2010,” Blecher added.

However, increasing home prices have helped offset some of the drop in originations with demand for home equity loans increasing.

“While first mortgage originations are almost half the levels as one year ago, total home equity lending, including loans and lines, has increased by 70%, and originations of second lien home equity loans have more than doubled,” Blecher said.

In addition, the market also observed a 75% year-over-year increase in the share of non-agency jumbo prime lending.

“Notably, nearly all of these jumbo loans have been originated with no mortgage insurance, which may indicate an increased appetite for risk, as well as an opportunity to expand credit criteria, for originations within the private market,” Blecher explained.

The November data revealed that the population of “refi” mortgages has decreased by about 4 million loans since the end of 2012.

In comparison, just 5.9 million loans meet broad-based refinance criteria. But loosening the credit standards to just a 700 FICO increases the refinance population by almost 17%, or an additional 1 million loans.

If you’re looking to lease, purchase, or sell residential or commercial property, please contact me direct at (310)402-8181 begin_of_the_skype_highlighting (310)402-8181 FREE  end_of_the_skype_highlighting or jkryukova@gmail.com

Source: Housingwire

Recovering Housing Market to Spur Economic Recovery in New Year

WeHo

Next year will likely be the first year since 2000 that home purchases outpace refinances, according to Freddie Mac’s expectations. Furthermore, the rallying housing market should set the broader economy on a brighter path, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for November.

“Led by a resurgent housing sector, 2014 should shape up to be better than 2013,” Freddie Mac stated in its outlook.

Housing starts, which have been slow, should rise to a pace of about 1.15 million in 2014, according to Freddie Mac.

This is more in line with the historical average of 1.1 million per year reported by the Census Bureau. In comparison, the Census Bureau recently reported household formation over the first three quarters of this year at just 380,000.

Freddie Mac expects home sales to increase 5 or 6 percent in the new year, but tight inventory will prevent further increases.

Home values will continue to increase, albeit at a slower pace. Freddie Mac expects home price growth to be about the same as home sales growth—5 or 6 percent.

Rental prices will also continue to rise, but like housing prices, their pace will moderate. Freddie Mac expects rents to rise at a pace of about 5.3 percent next year.

Mortgage rates will reach about 5 percent for 30-year, fixed-rate mortgages by the end of 2014, according to Freddie Mac. While this will not threaten affordability in most markets, it may dampen affordability in a few higher-priced markets, according to the outlook.

Also, Freddie Mac noted there may be “some volatility in the short-term” resulting from uncertainty surrounding fiscal policies, such as the debt ceiling and the Federal Reserve’s tapering of its MBS purchases.

The overall good news for the housing market translates to good news for the broader economy, according to Freddie Mac.

The rise in housing starts should translate to 700,000 new jobs, according to economists at Freddie Mac.

These new jobs will help bring the unemployment rate below 7 percent “perhaps by mid-2014,” Freddie Mac stated.

Economic growth is expected at 2.5 to 3 percent for the year, which is “more than 0.5 percentage points better than is projected for 2013,” according to Freddie Mac.

If you’re looking for real estate assistance, commercial or residential, please contact me directly at (310)402-8181 begin_of_the_skype_highlighting (310)402-8181 FREE  end_of_the_skype_highlighting or jkryukova@gmail.com.

Source: DSNews

Home Prices Continue Rising, Sales Steady

West Hollywood Properties

Home sales continue to seesaw—while levels increased from the previous year, they dipped from previous month. Following historic seasonal trends, October home sales edged 2.8 percent lower than September, but still pushed 2.2 percent higher than sales in October 2012. Median home prices were 11.9 percent above prices seen last October.

“What we’re seeing now are predictable seasonal cycles, which is just another sign that the housing recovery is bringing us back to a more normal market,” said Margaret Kelly, CEO of RE/MAX. “Home sales are expected to slow down during the holidays and winter months before returning to the next growth cycle in the spring.”

Home sales have experienced year-over-year increases in both sales and prices for 21 months now. The median price of all homes sold in October was $179,950. Inventories of homes for sale were 12.2 percent lower than the levels in October last year. For the last 29 months in a row, inventories have declined at a slower rate.

The October inventory drop is half of the annual loss seen as recently as June. At the current rate of sales, the number of months required to sell the entire inventory of homes on the market was 4.9. A 6-month supply is recognized as a balanced market with an equal number of buyers and sellers.

For the most part, normal seasonal trends are responsible for slowing month-to-month changes in home sales. Of the 52 metro areas surveyed in October, 35 reported higher sales than in October 2012, with 19 reporting double-digit gains. New York, New York experienced gains of 32.6 percent; Trenton, New Jersey experienced gains of 32.5 percent; Anchorage, Alaska experienced gains of 24.2 percent; Philadelphia, Pennsylvania experienced gains of 18.2 percent; Wilmington, Delaware experienced gains of 18.1 percent; and Manchester, New Hampshire experienced gains of 17.1 percent.

In the month of October, homes stayed on the market for an average of 66 days. This is one day higher than the average seen in September, but is 16 days lower than the average seen in October 2012. An average this low is the direct result of continued high demand and a reduced inventory of homes for sale, according to RE/MAX.

The housing market has been plagued by a low inventory environment, but for seven consecutive months, inventory has declined at a slower rate than during the same month of the previous year. While not yet adding inventory, the situation is improving. In October, there were 5.1 percent fewer homes for sale than in September, and 12.2 percent fewer than in October 2012. At the rate of home sales in October, the Months Supply of inventory was 4.9.

If you’re looking to purchase, sell, or lease commercial or residential real estate please contact me at (310)402-8181 or Jkryukova@gmail.com

Please visit my website for my information and properties: www.juliekproperties.com

source: dsnews

Incredible Downtown LA Restaurant Space for Lease!

Downtown LA Commercial

1036 Grand St. Los Angeles, CA

    OVERVIEW
  • 1036 S Grand Ave has the wow factor that restaurant patrons desire when dining for business and pleasure
  • Located in the heart of South Park, Downtown Los Angeles’s most desirable and fashionable cosmopolitan neighborhood
  • A few blocks from Staples Center and LA Live
  • Built in 1912 and 7,100 sqft large
  • 25 foot (estimated ) truss ceilings, massive skylights, floor to ceiling brick walls, concrete floors
  • Free standing so a restaurant operator can avoid the hurdles often times experienced when located on the first floor of a building with tenants and residents.
  • Parking for five to six cars in the rear of the building and there are many public parking lots in the immediate vicinity.
  • Structural retrofit already completed to accommodate a 194 person occupancy load
  • Conditional Use Permit is in progress for full alcohol as well as off-site sale of beer/wine.

For price, terms, showings – contact me at jkryukova@gmail.com or 310.402.8181

If you’re looking for industrial, retail, creative, or other commercial space for lease or sale please contact me.

Downtown LA Commercial Downtown Los Angeles Commecial Space

Listing Courtesy of Tony Diamond.

Ceiling and Brick Walls

JUST LISTED: 8610 W. West Knoll Dr. PRIME West Hollywood $2,249,000

Beautiful entry into this serene property

Asking Price: $2,249,000

Bedrooms: 3

Bathrooms: 3

Separate guest house, long drive way, hedged and gated, prime location

This West Hollywood home is in the center of it all, yet discretely and securely tucked away behind gated hedges on a quiet tree-lined street. Once behind the gates, a 4-car driveway is revealed with direct access to the front and backyard through custom wooden gates. A large fountain, lush landscaping and multileveled bricked patios offer a serene outdoor area that’s perfect for relaxing.

Double doors open into a tiled entry allowing shoes or a coat to come off before stepping into the massive open floor plan of the living, dining and family rooms. The living room offers a formal experience with custom fireplace (controlled by remote) and beautiful hardwood floors. Recessed lighting and a large picture window make the room bright and warm. Custom wood posts divide the formal living and dining room allowing for entertaining and hosting dinner parties. The dining area offers custom built sky lights along with custom sliding windows all of which have beveled glass mirroring the clean lines of the wood posts and chair railing. Recessed lighting with controlled dimmers above (and through-out the home) allow for setting the mood in any room of the home.

The open kitchen features high-end stainless steel appliances and custom cabinetry. Double ovens are situated next to a 5 burner gas stove making the perfect combination for the cook. Two sinks for prepping (or Kosher cooking), filtered water system, and double door fridge complete this premium kitchen. Black Caesarstone counters make the stainless steel appliances shine and multiple breakfast bar areas are situated around the kitchen, perfect for eating or leaning on while talking to the cook. Stepping away from the kitchen, you enter the family room with beautiful, custom architectural skylights. This area is perfect for the more relaxed days of the week watching a movie with friends and family or sipping a glass of wine. Off the family is a beautiful outdoor patio that is elevated above the backyard, yet is still perfectly private. Plenty of room for entertaining your guests or lounging alone, this is the perfect getaway just steps from the inside of the home. Also off the patio is a staircase leading into the large backyard.

Beyond the entertaining areas, the first floor of the home includes a master bedroom with views of the beautiful treetops in the backyard. Two entry options into the room, from the hallway or family room create a nice flow for the room. Two separate closets allow for large wardrobes and storage. The master bathroom has beautiful custom tile work and multiple shower heads to create a spa-like experience.

Down the hall is a guest bedroom with access to the front yard and custom built-in book shelves. This room is perfect for guests or a home office/library and also features double entry ways, double doors opening into the living room and also an entry into the hallway. A guest bathroom with black and white tiled floors and custom cabinets create a high-end feel. The bathroom also has enclosed laundry room with high-end stackable washer and dryer and shelves for linens.

A custom glass and wooden staircase lead the way to the second floor of the home which is situated downstairs below the main level of the house. This part of the home is truly rare and offers many options for the owner. The stairway is concealed behind a door with additional storage in the hall perfect for luggage or seasonal decorations. The large bedroom has views of the backyard and a full bathroom with custom double sinks and allow for the perfect guest retreat or extended family member’s stay.

This level also includes a mother-in-law kitchenette and second laundry room with high-end washer/dryer. The kitchen (once operating as a recording area of a studio) offers easy access to food and drink or can be easily converted into a projection room, media storage or left to serve its current purpose. A truly versatile space waits just on the other side of the kitchen which currently functions as a recording studio. This room has many useful options and is a wonderful bonus space for a home owner to have and can be used as living space, screening room or additional lounging area.

The lower part of the home opens into the backyard with multiple covered and open entertaining areas hidden with large manicured hedges that create privacy. The property has fruit trees and a garden area perfect for skipping the market for fresh fruit or herbs.

The home also offers the quintessential white picket fence which separates the main house from the full guest home. A separate entrance from the side of the yard makes this convenient for extend guests or family to enter the guest house with privacy and ease. A large room offers the prefect amount of space for the already installed kitchen area, living and dining space. A separate bedroom encloses off the living space with walk-in closet. The guest house also offers a fully remodeled bathroom with custom tile work and jacuzzi tub. An exterior area that is hidden away from the rest of the property offers privacy and lounging areas for the guests. Also featured is a third laundry area so entrance into the main house is not necessary.

ZONING: R3

New rules for jumbo loans, qualified residential mortgages could make homebuying more costly in 2014

On Jan. 1, 2014, a new provision in the Dodd-Frank Wall Street Reform and Consumer Protection Act goes into effect. The “qualified residential mortgage,” or QRM, may have far-reaching effects that will lessen the number of people who ultimately can obtain home loans.

Most agents and brokers have no idea what QRM is or how it will impact their businesses. Briefly, QRM was designed to set the bar for residential mortgages and to minimize the risk that borrowers may default. It requires that debt ratios be limited to 43 percent and loan fees limited to 3 percent, and interest-only loans and negative amortization are not allowed in most cases.

The Dodd-Frank bill also requires the lender to retain 5 percent of any mortgages they make. In other words, if they make a $100,000 loan they must retain $5,000 to secure the loan. QRM loans are exempt from the risk retention rules. This means that the lender can sell the loan on the secondary market without having to retain the 5 percent. The effect of these provisions is already being felt in the lending industry. Citibank has restricted its lending to those areas where it has a banking presence. Compliance departments have tripled in size at many large lenders. Community banks and credit unions are being choked by the regulations and often lack the resources to meet the new compliance requirements.

“Community banks and credit unions have historically had a much lower default rate as compared with other lenders. The reason is that they know their customers,” said Mark Bigelow, national sales manager at Towne Mortgage Co. and AmeriCU Mortgage. “Community bank loans have often been based on a handshake. In terms of credit union loans, people feel they are hurting themselves and other members if they default.”

Bigelow went on to explain what makes the Jan. 1, 2014, provisions so difficult for lenders: “In the past, loans have been turned down primarily due to credit issues. For the first time in history, lending decisions may be made based upon compliance issues rather than just credit issues.” Here’s why: Imagine that you made a mistake on a purchase agreement. The buyer and seller want to change the agreement to correct the mistake, except the law prohibits you from doing so.

If a lender makes a mistake with any part of the compliance, here’s what happens:

1. The lender now has to pay all of the borrower’s closing costs.

2. Even if the mortgage agent made the mistake, the mortgage agent must still be paid.

3. The lender cannot deduct any costs or losses resulting from the mistake.

4. The lender still has to close the loan.

 

These provisions will be particularly difficult for online mortgage sites such as LendingTree, Quicken and Zillow. In addition to the issues cited above, jumbo loans currently fall outside the QRM provisions. This creates tremendous uncertainty as to what will be required of lenders who want to sell jumbo loans on the secondary market. The result will most likely be that be even fewer jumbo loans will be available.

What this means for agents, brokers and their clients:

1. There will be fewer loan choices as community banks and credit unions are squeezed out of the market making it even harder for many borrowers to qualify.

2. The loan process will also probably take longer due to the increased compliance.

3. It will probably be much more difficult and costly to obtain a loan in the future.

 

Lenders generally want to issue loans that meet QRM criteria. It gives them an exception to a rule they find troubling. It allows them to sell a higher percentage of their mortgages into the secondary market, thereby reducing their long-term risks. As a result, the majority of lenders will impose these guidelines upon their customers. These rules will essentially set the bar for mortgage lending standards in the U.S. Borrowers who fail to meet these criteria will have a harder time finding a loan compared to borrowers who do meet the criteria. They might end up paying a higher interest rate as well. Lenders claim that risk retention increases their operating costs, so they will likely charge more for loans that are subject to risk retention. Financial analysts from J.P. Morgan Securities have estimated that borrowers might pay up to three percentage points more for loans that are subject to risk retention (i.e., loans that don’t meet the definition of a qualified residential mortgage). So here’s the bottom line: Encourage anyone who is on the fence about selling or buying to do so before the end of the year. Otherwise, they may be caught up in maelstrom of new regulations that can sink their sale and that might also sink the real estate recovery.

Source: Inman News

 

4811 Bonvue Ave. Los Feliz $3,495,000

4811 Bonvue Ave. Los Feliz, CA

Prime Los Feliz Property Just listed at $3,495,000

There is always lots of talk about “home as art.” While most houses fall short of any true artistry, this Los Feliz residence is worthy of the moniker. Original Spanish details have been artfully combined with the very best of contemporary design.

Rebuilt, remixed, and re-mastered by renowned Los Feliz developer Brendan McDermott and designer Cristina Gulino, this property has been meticulously re-appointed. Gulino’s taste and style permeate more than just the furnishings. Her thoughtful attention to detail makes the house’s materials, floor plan, and spaces versatile and functional, as well as highly stylish. McDermott’s understanding of how people live in today’s homes boosts the levels of technology present and ensures a construction quality that’s built to endure.

Nothing currently on the market (or in the area) rivals 4811 Bonvue’s thoughtful renovation. Here are some of the properties features and upgrades…

Appliances:

- Thermador 48” Professional Series Pro Harmony with Professional Custom Hood Insert

- Thermador 48” Built-In Side-By-Side Refrigerator

- Thermador Professional Star-Sapphire 24” Dishwasher

- Bosch Evolution Ascenta 24” Dishwasher

- U-Line Wine Captain

- U-Line Beverage Center

- Two sets of front loading, large capacity washers and dryers – main floor & downstairs

Systems:

- New plumbing to the street

- 75 Gallon hot water heater (with timer controlled circulating pump for instant hot water)

- New electrical (with Leviton fully automated system)

- Panel upgrade to 400-amp service

- Dual-zone HVAC system – Rheem high efficiency units & Slim ultra quiet condensers

- Dual-zone Nest thermostat system (iPad or iPhone controlled)

- New low-voltage wiring – Ethernet (cat 6), coax cable, telephone

Kitchen & Bar:

- Carrera and Statuary Marble counter tops

- Custom designed and fabricated cabinets and built-ins

- Phylrich fixtures in chrome finishes

- Hand-made Ogassian concrete tile floors (kitchen)

Master Bathroom:

- Hand-made Ogassian concrete tile wall tile

- Double sink vanity with Carrera Marble counter tops

- Calacutta Marble tile floor

- Free-standing Resin Tub with hand shower

- Custom glass-enclosed shower for two with rain fixture and hand shower

Jack’n’Jill Guest Bathroom:

- Carrera hexagon tile floors

- Carrera counter top

Pool Bathroom:

- Limestone Floors

- Ceramic pillow tile shower surround

Outdoor Entertaining Areas:

- New automated in-ground irrigation system

- New in-ground pool/spa with top of the line pool equipment

- New Mangaris wood deck

- New landscaping and retaining walls

Other:

- New roof

- New 3-stop dumbwaiter (garage to den to kitchen level)

- New room-by-room speaker system

- Surround-sound speaker system in den

- New firebox and chimney/flu

- New hand-made designer fireplace mantle tile

- Master deck – with glass enclosure and Pebble Tec surface

- Custom metal and glass railings

- New garage door and drive motor

- 5-zone security camera system

- Entry intercom system (GSM)

Neighborhood:

- Los Feliz/Hollywood: Walking distance to Los Feliz Village, restaurants, Griffith Park, Greek Theater & Hollywood Bowl, Observatory.

- Major Studios: Universal, Warner Brothers, Disney, Paramount, CBS, NBC (7-12 minutes)

- Freeways: Quick and easy access to the 101 Hollywood Freeway, I-5, 170 Freeway, and 134 Freeway.

o Downtown LA – 15 Minutes

o Burbank Airport – 15 Minutes

o Burbank – 15 Minutes

o LA Zoo and Autry Museum – 8 Minutes

o Ventura Boulevard – 10 Minutes

o Sunset Strip – 10 Minutes

o Beverly Hills – 20 Minutes

o Pasadena – 20 Minutes

Please contact me for showings and more information at jkryukova@gmail.com or (310)402-8181.

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Creative Commercial Space for Lease! Great Location in West Hollywood!

Fully built-out creative office with exposed wood bow-truss construction, high ceilings, 2 bullpen areas, conference room, and 15 executive glass offices.

  • Great visibility: ~150 linear feet glass frontage at the corner of Melrose and Crescent Heights. Signage Available.
  • Expansive floor-to-ceiling windows. Fully Sprinklered. Main entrance can be configured to Crescent Heights or Melrose Ave at tenant’s discretion.
  • Single Tenant Space: No Corridors =No Waste. Up to 20% more square footage than comparable spaces in multi-tenant office buildings.
  • Centrally located at the corner of Melrose Ave & Crescent Heights, in the exclusive Melrose shopping district (± 30,000 cars).
  • Neighborhood tenants include Fred Segal, Palihotel, Paul Smith, Alexander McQueen, Adidas, Red  O  Restaurant, Hart & The Hunter Restaurant, and other high-end retailers.

Contact me direct for information (310)402-8181 or jkryukova@gmail.com

6,600 Sq. Ft. Available. Divisible.

loft3 loft2 Melrose Creative Lease