14245 Dickens St. #307 Sherman Oaks, CA 91423 JUST REDUCED TO $599,000

OPEN SUNDAY 2-5PM

$599,000 3bedrooms/2.5bathrooms 1,821 sq. ft. 

Property Website: http://dickenscondo.com/ 

This three-bedroom, two-and-a-half bathroom top-floor town home offers all of the must haves in a sought-after neighborhood south of Ventura Boulevard.

Enter the light filled home to find a bonus room perfect for a playroom, office, or den. The spacious living room features high ceilings, recessed lighting, an attached dining area, and a balcony with a gas hook-up for outdoor bbq-ing. The large eat-in kitchen offers tons of storage space, stainless steel appliances, and sunny window overlooking the complex’s sparkling pool.

The well-appointed bedrooms are downstairs, allowing for extra privacy from the upstairs space. Once down the stairs, you will find two good sized guest rooms with large windows and great closets. The in-unit laundry is also located conveniently near the bedrooms, as well as a shared full bathroom.

The over-sized master bathroom offers all of the luxury and amenities of your very own home spa experience. The master provides a large walk-in cedar closet, a second wall closet, and a separate vanity and sink area. The large bathroom with a separate tub and shower also offers a unique feature – your very own sauna!

The complex offers a large swimmer’s pool, great patio chairs for lounging and BBQs, and a nice, hot Jacuzzi for those chilly L.A. spring eves. Two secure side-by-side parking spaces along with several guest spaces allow for easy access to and fro.

This Sherman Oaks location can’t be beat. Walk to restaurants, movies, shopping, your favorite yoga spot, and the new Ralphs on Ventura Blvd. The building’s address is in the highly sought-after Sherman Oaks Elementary School district, and there’s certainly enough space to raise a family in this large 1,821 square-foot unit!

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Year-over year US home prices up sharply in November

U.S.  home prices in November extended their steady recovery from the housing bust,  rising 7.4 percent compared with a year ago. It was the biggest year-over-year  increase in 6½ years.

CoreLogic,  a private data provider, said Tuesday that prices also rose 0.3 percent in  November from October. The month-to-month figures are not seasonally adjusted.  CoreLogic compiles its indexes by tracking sales of the same homes over time,  using data on sales in all 50 states.

The  gains in home prices have been widespread across most of the country. And  CoreLogic forecasts that prices will increase 6 percent this year.

Prices  in November were higher than in November 2011 in all but six states. And only 13  of 100 large cities that CoreLogic studies reported year-over-year price  declines. That was down from 20 cities in October.

The  sharpest increases were in Arizona, Nevada and Idaho. North Dakota and  California rounded out the top five.

Steady  price increases are helping fuel the housing recovery. They’re encouraging some  people to sell homes and enticing would-be buyers to purchase homes before they  get more expensive. Rising prices also reduce the number of homeowners who owe  more on their mortgages than their homes are worth.

“All  signals currently point to a progressive stabilization of the housing market and  the positive trend in home price appreciation to continue into 2013,” said Anand  Nallathambi, CEO of CoreLogic.

Despite  the gains, home prices nationwide are still nearly 27 percent lower than in  April 2006, when prices peaked during the housing bubble.

Some  of the biggest gains have been in states that were hurt the worst. Prices in one  of them, Arizona, have jumped nearly 21 percent in the past year, the most of  any state. But prices in that state are still nearly 40 percent below  their peak.

And  prices in Nevada have risen 14.2 percent in the past year but remain 53 percent  below peak levels.

The  states where prices continue to fall include Delaware, where they are 4.9  percent below a year ago, and Illinois, down 2.2 percent. Connecticut, New  Jersey, Rhode Island and Pennsylvania are also reporting declines.

Prices  rose 24 percent in Phoenix in the past 12 months, the most of any large metro  area. Riverside-San Bernardino, Calif. was next with a 9.7 percent rise. It was  followed by Los Angeles, where prices rose 8.4 percent.

Source: Sfgate.com

Hot Deal of the Week: 14835 Valley Vista Blvd. Sherman Oaks ,CA 91403

Asking Price: $1,029,000

Bedrooms: 5

Bathrooms: 5

Approx. Sq. ft: 4,608

Approx. Lot Size: 8,288

Year Built: 1975

Description:

DWP water main break created an opportunity for a Builder/Investor to creat a
South of the blvd entertainer’s dream home. Property suffered water damage
inside and out. House has three levels with over 4600 sqft (per assr) of high
ceilings, open floor plan, 3 car garage. Master suite has a private fireplace
and loft that can be opened and expanded to creat a private getaway. High
ceilings in both the formal dining room and living room with fireplace and
spectacular views, as well as a large game/media room with its own fireplace and
balcony that looks over an entertainers yard with pool, spa and private sports
court. Kitchen can be opened to the den with yet another fireplace and side
balcony that has enough room to construct a wine cellar and/or cigar room. 4
spacious bedrooms with 2 dual baths that share a balcony that lead to the large
private grounds. Every level features views of the valley through large glass
windows. Outdoor is plumbed for an additional kitchen and private bath. Buyer to
investigate. Possibilities are endless….

House has been stripped down to studs and floor boards from DWP water main
damage. Ready for rebuild!

Please contact me at (310)402-8181 or jkryukova@gmail.com

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Listing Courtesy of: John Mihranian; Prudential California Realty

Why are families flocking to Sherman Oaks?

As a Realtor in Los Angeles and also a native of the city, I know how expensive and even out of reach buying a proper family house can be in Los Angeles.   By proper family house – I mean 3 -4 bedrooms, good living spaces, a nice sized yard, and a kitchen with that large island all the kids can gather around – most moms dream of this and I can understand why! Unfortunately hard working parents all over this city are finding themselves unable to afford that dream because the LA market, even in this recession, is incredibly expensive when compared to the rest of the Country.  In Dallas…you can have a 5 bedroom house for $450,000, in the suburbs of Minnesota you can own a 4 bedroom house on a lake with a huge yard for $350,000…it just seems like the American Dream is so much more realistic everywhere but Los Angeles.  This brings us to Sherman Oaks, a beautiful part of Los Angeles that offers good public schools, easy access to freeways and canyons, as well as great parks, shopping, and entertainment.  As a Realtor who works with many families and often times families who are relocating or expanding – I believe Sherman Oaks is a great place to invest! In the $850,000 range you can get over 2,500 square feet,  at least 3 bedrooms, that great big grassy yard, and large kitchen you’ve been dreaming of.  Ventura Boulevard is now filled with tons of trendy coffee shops, restaurants, and stores for kids, clothing, art, and antiques.   It’s just plain simple – Sherman Oaks is upscale and accessible – but it’s also affordable! You get more for your money just over the hill and it’s a great place to raise your family! If you’re looking for a great family house in the area or looking to sell a property you currently own – please feel free to contact us!

Please click the following links for more information on what Sherman Oaks has to offer:

http://www.shermanoakschamber.org/

http://larealproperties.com/communities/

Dixie Canyon Elementary

http://www.shermanoakselementary.com/

http://attractions.uptake.com/california/sherman_oaks/9266957.html

http://www.trekaroo.com/places/sherman-oaks-california/activities

http://www.shermanoaksgalleria.com/

Reasons to Buy a Home During the Holidays

1. There is less competition for homes by buyers because most people are busy with holiday shopping, cooking and celebrations.

2. Sellers who have their homes on the market during the holidays tend to be more motivated than springtime sellers so buyers can negotiate lower prices and better terms.

3. Interest rates are now at historic lows.

4. By the time mortgage interest tax deductions are calculated, it is usually less expensive to buy than rent, at the same time buying low to gain future appreciation.

5. Closing costs are tax deductible and closing by year end could lessen one’s tax burden.

6. Buyers can celebrate the holidays with family and friends in their new home.

7.  Holiday work hours give buyers more opportunity to search for homes and schedule moves.