SOLD - Brentwood Penthouse

SOLD

It has been a long road with this listing, but today that journey has come to a successful close for all parties involved today. This property is a short sale, and that process can take 3-4 month's to get initial bank approval. In the meantime buyer's get impatient and frustrated, rightly so, and end up cancelling their offer and walking away. It wouldn't be so much of a problem if the bank allowed me to substitute a new buyer with the same terms in, but nope, the bank made us start the process all over again as if it was just submitted to them for the first time. Bottom line is I "sold" this unit now four times, but each time up until now the buyers would walk away for a variety of reasons. See my post about the last time that happened here. Well today that stopped, as the buyer closed escrow and is now the owner of this cool Penthouse condo in a prime Brentwood location. With a bit of attention, this unit could become very special, as the bones are there to do it. I wish the buyer well with it, and congratulate my seller's on concluding this sale once and for all! On to the next one for me.

621 S Barrington #302, Brentwood

Sold for $600,000 2 Bed + Loft 2 Bath 1,920 Sq. Ft

Soaring 18' ceilings in living/dining room provide a ton of volume

Wet bar and gas lit fireplace in the living room

Three balconies in total on the property; largest one shown here

High ceilings in the master bedroom

High ceilings & large walk in closet in guest bedroom

Spacious loft area with direct access to private deck, currently being rented out and used as a bedroom

Large pool & spa provide a peaceful escape in the heart of Brentwood

You can see a detailed tour of the property here

If you wish to find a similar property and value in Brentwood or anywhere in Los Angeles, please feel free to contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Updated Pricing & Info of My Current Listings

1928 Spanish character home on a prime street, just minutes to either Hollywood or Studio City. Could use some updating, but with great bones, and a good size for the price in this Hollywood Hills location. Just reduced, and ready for a buyer to take advantage. The "extras" on this house make the potential unlimited; those include: one bedroom guest apartment, canyon views, and two garages with parking for six plus cars.

3249 Bennett Dr., Hollywood Hills

$845,000 (Reduced $54,000 from $899,000) 3 Bed 3 Bath + Additional 1 bed Apt w/ Kitchenette 2,458 Sq. Ft 4,930 Lot Sq. Ft

See a detailed tour of this property here

Meticulously cared for family home with six good size bedrooms, an entertainer's backyard with pool, spa & bbq, and lying in a superb school district. Same owner's for the past twenty five years looking to downsize, and are ready for an offer. Nice open floor plan, newer carpet, and great energy saving upgrades on this fine property.

23515 Candlewood Way, West Hills

$645,000 (Reduced $80,000 from $725,000) 6 Bed 3 Bath 2,472 Sq. Ft 11,160 Lot Sq. Ft

See a detailed tour of this property here

Lying in prime N of San Vicente location in highly desirable Brentwood. This Penthouse condo is the largest unit in well run Le Provencal building. Unit needs updating in the kitchens and baths, but the 18' soaring ceilings in the living and dining rooms create the backdrop for what could be a truly special unit. This short sale has been approved, but buyer's cancelled escrow five days before closing. Their loss is your gain. Any negatives on the unit is why we are talking about $600K rather then $800K, and represents a deal that all buyer's are looking for.

621 Barrington #302, Brentwood

$600,000 (Approved Short Sale) 2 Bed 2 Bath + Loft 1,920 Sq. Ft

See a detailed tour of the property here

Great lease opportunity in highly desirable Rondell community in Agoura Hills. Backing up to lush foliage, this private end unit, has been well upgraded and is stunning. The light bamboo wood flooring throughout the property is really lovely. Other upgraded flooring includes travertine tile in both the kitchen and the bathroom. A very open floor plan surrounded in plantation shutters allows a ton of natural light to flood the property. Large outdoor private patio is great for entertaining and relaxing. Great community with pool, tennis courts, spa, and lush rolling hills.

27556 Rondell St, Agoura Hills

$1,950/mo Lease 2 Bed 2 Bath 869 Sq. Ft

If you wish to see any of these fine properties, please feel free to contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Quick Synopsis of Current Real Estate Market

There is a ton of information available currently in the media on the current Real Estate market. The bottom line is that this listing I have highlights the market, at least in Los Angeles, pretty clearly. There are buyer's out there looking to buy, as well as investors looking, but they want a DEAL.

I have a short sale in a great area in Brentwood, that because the buyer's cancelled five days before the closing, I just re-listed as "active" on the MLS late Friday afternoon. It is now Monday morning, and my phone has been ringing constantly with agent's clamoring for this condo. I have a list of 12 agents that have called, some talking about sending over all cash offers without even seeing the property. They, and their buyers, recognize that this is a deal. In this, or any market, there is money to be made. There are buyer's out there that do want to buy, but just feel like they can negotiate or wait for an unbelievable deal. In many instances they may be right. This is the reason that properties priced at market value are sometimes difficult to move, and if asking over market value forget it. Price is the number one factor in the market right now, period.

My Current Active Listings

23515 CANDLEWOOD WAY, WEST HILLS

675,000 6 Bed 3 Bath 2,472 Sq. Ft 11,160 Sq. Ft Lot

Large spacious traditional pool home on a quiet street. Lying up the hill above the city is this private two story six bedroom home. Well maintained with several recent updates, this immaculate home shows great. Open floor plan with newer carpet downstairs w/ both north and south exposure allowing a ton of natural light to flood into the property. Good size kitchen with breakfast area. Multiple doors lead out to the stunning backyard with large pool, hot tub, and built in BBQ; also a dog run. One bed downstairs, and five good size rooms upstairs. Award winning schools close by add to the value and desirability to make this property an absolute jewel.

Visit http://23515candlewood.com for a detailed tour of this home.

621 S BARRINGTON #302, BRENTWOOD

699,000 2 Bed + Loft 2 Bath 1,920 Sq. Ft

LYING IN PRIME BRENTWOOD VILLAGE N. OF MONTANA IS THIS HUGE CONT. 1,920 SQ. FT TOP FLOOR PENTHOUSE. UNIT FEATURES SOARING CEILINGS ADDING VOLUME IN LIVING ROOM, NEWER DARK RICH WOOD FLOORING, & LARGE PRVT MSTR BEDROOM. OTHER FEATURES INCL. COOL FIREPLACE & WET BAR IN GREAT ROOM, LOFT (COULD BE 3RD BED), IN UNIT WASHER/DRYER AREA, & MULTIPLE LARGE BALCONIES. GREAT PROPERTY IN AN UNBELIEVABLE LOCATION THAT WILL ALWAYS BE VALUABLE. KITCHENS & BATHS COULD USE UPDATING TO MAKE IT TRULY A SPECTACULAR UNIT. BEST PRICE FOR LARGEST UNIT IN BEST LOCATION CURRENTLY AVAILABLE. A "DONE" UNIT IN THIS BLDG WOULD GO FOR OVER $900K! BRING YOUR VISION & GET A DEAL. ALL OFFERS WELCOMED. SHORT SALE.

Please visit http://621barrington.com for a detailed tour of this property.

2700 E CAHUENGA #4209, HOLLYWOOD

275,000 2 Bed 2 Bath 1,002 Sq. Ft

Short Sale, take advantage. Great opportunity awaits a savvy buyer, who wants to get in on the more than $2 Billion worth of development recently done in Hollywood. Popular gated community with multiple pools and tennis courts. Nice condo with modern open floor plan and beds on opposite sides of the unit (good for roommate situations). Laminate wood flooring throughout with black granite breakfast bar in kitchen. Large balcony leading out to peaceful treetop views adding to the experience.

3249 BENNETT DR, HOLLYWOOD HILLS

LEASE $3,500/MO 3 Bed 3 Bath 2,458 Sq. Ft 4,930 Sq. Ft Lot

Lying in the Hollywood Hills is this large Spanish home with great details throughout. Large picture windows allow a ton of natural light to flood the open floor plan. 3 bedrooms and 3 baths with modern updated kitchen and baths. Great location close to everything, and priced to lease quickly. Flexible owners will allow painting on the inside should a tenant desire. Take advantage!

If you would like to see any of these properties, please contact us anytime @ 661.600.7463 or email smilayproperties@gmail.com.

Brentwood Penthouse

[flickr size="small" float="left"]http://www.flickr.com/photos/42659427@N02/4115866452/[/flickr]Lying in prime Brentwood village N. of Montana is this huge contemporary 1,920 sq. ft top floor penthouse. Unit features soaring ceilings adding volume in living room, newer dark rich wood flooring, & large private master bedroom. Other features include cool fireplace & wet bar in great room, Loft (could be 3rd bed), in unit washer/dryer, & multiple large balconies. Great property in an unbelievable location just steps to Katsuya, upscale shopping, whole foods, & more. This one is special. Offered @ $875,000.Click here for more images...