90045 Real Estate News This Week
Today on the market
90045 real estate news – 112 listings are on the market today in 90045 (↑6 from last week)
45 (↓2) of those listings are in escrow and 21 (↓4) of those listings in escrow will take back-up offers (67 are “active”) (↑12)
There are 8 residential income properties for sale today in 90045 (6 active, 1 pending, 1 back-up)
20 properties (↑3) are available for residential lease in 90045, ranging in price from $1495 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 |
Our Favorite 90045 Listings This Week
5835 W. 74th Street $1.095M
Let me just start with the elephant in the room on this listing. The lot backs up to the 405. If you like white noise, this is the property for you. If you’re somebody who doesn’t hang out in your backyard or you don’t mind installing an outdoor sound system, this house rocks and the street it’s on is very appealing, too. The house is super cute and has all the bells and whistles of a recently updated property. The layout is smart and with 3 bedrooms and 2 bathrooms in 1,375 feet, it’s a great home for a smaller or growing family. With the lot size at almost 7,000 feet, you can add square footage to the property later. At $796/ft., the price is aggressive on this property. Drop me a note to tour.
7433 Arizona Ave $999K
I wrote about this one last week. I can’t believe it’s still available. I haven’t seen it, but I like the property for a couple of reasons. To start with, the lot size is a whopping 7400 feet. When you look at the Baseline Mansionization Ordinance to determine how big you can build, your returns start diminishing at 7500 feet. This lot is screaming for a nice large executive home. Other reasons I like it are (1) it’s tenant occupied (will scare off other buyers); (2) its out of area listing agent (seems that he’s already priced this property low); (3) it’s 143 days on market (can probably offer less than the already low list); and (4) the property has already been in and out of escrow at least once. It also appears that this property is headed to foreclosure. Call me quick, if you’re interested.
Recent Sales In 90045
327 homes have sold in the last year. 40 of those closed in the last 40 days (5 condos/35 houses)
90045 Price & DOM Stats At A Glance
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2 Bedroom Homes (SFR) |
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Median Sales Price/Ft – July |
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Median Days On Market – July |
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90045 Trendlines
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