Kendyl's Open House

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Northwest Glendale Real Estate Hot Sheet

Click here for chart explanation and disclaimer

Last week was a teeny bit hectic, as you might imagine.  But, my team and I are are happily ensconced in our new space in Glendale.  I’ll  post pictures soon!

The chart, above, is for Wednesday/Thursday of last week.  The only one really interesting on the chart is 1410 Birch.  This is very nice home in a cute section of Northwest Glendale.  Price is ok for the square footage, but will anyone pay that much for a 2 bedroom?

Over the weekend 2 very notable listings came on the market.  The first is actually a very old listing.  1542 Valley View.  This home, right on the corner of Valley View and Cumberland has been “under construction” for literally years.  This was originally listed nearly a year ago by a large volume agent and the price was $1,849,000.   Today, the price is $1,799,000.  This is less than a 1% drop.  Now, I said values had dropped how much in 91202?  Oh, right, 6%.  So, if the house didn’t sell at $1,849,000, it was over priced.  With this latest drop it is now 5% above over priced!  But it is now listed with a Sudio City agent.  Yep - those valley people will definently pay more than the home is worth, right?

The second home is a landmark property.  715 W. Kenneth Rd. sits on 52,000 sf of flat land on a prestigious location.  Living space is 5,000 sf and includes a 2 bedroom guest apartment.  The pictures are very unfortunate, they don’t show the grandeur of the home and grounds.  However, I’m pretty sure this is a hard home to capture on film.  Too bad the agent didn’t hire a professional to photograph this.  List price is $2,750,000.  Seems high, to me.  But this is a unique and special property and there has not been this much flat land available in a very long time.  For the right buyer I think there is tremendous value!