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The Scoop! This Week’s 90045 Real Estate News In Review

90045 Real Estate News This Week

sponsored content L9Today on the market

90045 real estate news – 124 listings are on the market today in 90045 (↑2 from last week)

53 (↑1) of those listings are in escrow and 36 (↑4) of those listings in escrow will take back-up offers (71 are “active”) (↑1)

westchester real estate, 90045 home valuation, westchester real estate expert Tracy Thrower ConyersThere are 7 residential income properties  for sale today in 90045 (4 active, 3 back-up)

12 properties (↓2) are available for residential lease in 90045, ranging in price from $1700 to $8500

90045 Real Estate News – Homes for sale by price

$500K to $1M $1M to $2M $2M+

90045 Real Estate News – Homes for sale by bedroom count

2 bedrooms 3 bedrooms 4 bedrooms 5+ bedrooms

Tracy’s Favorite 90045 Listings This Week

6418 W. 87th Place $799K

6418 W. 87th Place Los Angeles CA 90045There are a couple of things I really like about this property. First, it’s a 6300 sq ft lot. You can put a very nice house on a lot that size now or later, which brings me to the second thing I really like. This house is clean and imminently livable now, if you’re not ready to renovate yet. One other thing I really like is this home’s location. Emerson Square is less expensive currently because of its proximity to LAX BUT, when the Northside improvements are made, Emerson Square is going to be extra walkable to those amenities. Drop me a note to tour, but don’t delay. I have a feeling this one won’t last.

8620 Belford Avenue, No. 108 $599K

westchester ca real estate, 90045 homes for saleThese tri-level townhomes are a great place for a family to buy a first home in Westchester. You’re not going to get into Westchester for under $600K any other way. You can get in with non-jumbo financing, too. Not in the market for a starter home? This property would make a terrific rental. Two bedroom rentals in Westchester go for approximately $2700-3000. This specific little part of 90045 is undoubtedly going to increase with the pricing pressures of Westchester on one side and Inglewood on the other. This property will, at a minimum, break even as a rental while increasing in value at a good clip. Drop me a note to tour.

Recent Sales In 90045

326 homes have sold in the last year in 90045. 30 of those closed in the last 30 days (5 condos/25 houses)

90045 Price & DOM Stats At A Glance

Please note that these stats are only available
from the MLS for the previous month

Median Sales Price – August

All Homes (inc’g condos)

$1,085,000

All Single Family Residences (SFR)

1,121,250

2 Bedroom Homes (SFR)

1,020,000

3 Bedroom Homes (SFR)

1,080,000

4+ Bedroom Homes (SFR)

1,333,000

Median Sales Price/Ft – August

All Homes  (inc’g condos)

634/sq ft

All Single Family Residences (SFR)

643/sq ft

2 Bedroom Homes (SFR)

670/sq ft

3 Bedroom Homes (SFR)

573/sq ft

4+ Bedroom Homes (SFR)

634/sq ft

Median Days On Market – August

All Homes  (inc’g condos)

27

All Single Family Residences (SFR)

26

2 Bedroom Homes (SFR)

26

3 Bedroom Homes (SFR)

47

4+ Bedroom Homes (SFR)

15

90045 Trendlines

westchester ca real estate median sales price chart

westchester real estate 90045 price per square foot trend chart

90045 median DOM 09 03 16

Order Custom GraphsWestchester 90045 Real Estate Trends by Neighborhood

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About Silicon Beach Properties

Silicon Beach Properties partners with Living90045.com to provide real estate content, information and advice for L9’s readers. Silicon Beach Properties is a boutique real estate group catering to tech types and others associated with LA's Silicon Beach and Tech LA. Silicon Beach Properties was founded by Tracy Thrower Conyers, a former lawyer/new media tech entrepreneur. Tracy and the team at Silicon Beach Properties are recognized experts on Silicon Beach and its impact on residential and residential income real estate, and have been featured by several respected media outlets, including the LA Times, KPCC and KCET. Silicon Beach Properties' primary focus and expertise includes buying and selling homes and residential income properties in Venice, Marina del Rey, Mar Vista, Playa Vista, Playa del Rey and Westchester. Silicon Beach Properties proudly partners with Keller Williams Silicon Beach. Connect online with Silicon Beach Properties: LinkedIn, Twitter, Facebook, Google Plus, Pinterest. CalBRE #01712960