Coldwell Banker’s Commitment to the Luxury Market

Craig-Hogan-Header-475x475Craig Hogan, VP of luxury for Coldwell Banker Real Estate LLC, contemplates the meaning of “exceptional” and excellent service in luxury real estate.Creating Exceptional Experiences in Real Estate – Previews Inside Out

“This is a new era for the luxury division at Coldwell Banker. Expect nothing but the best from us in the coming months, as we look to create the ultimate luxury consumer experience: the launch of our next issue of Homes & Estates magazine with the most extensive global distribution to date, our new partnership with James Edition that will showcase our luxury listings on the world’s leading online luxury marketplace and the debut of our new global online destination for all Coldwell Banker luxury listings. Our commitment to excellence is stronger than ever. Come experience the exceptional.”

 

 

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Hancock Park Estate Home Sales for First Half of 2016 Stay Strong !

Hancock Park Estate Home Sales    2015                                2016

Homes Sold                                           23                                   23
Days on Market                                    80                                   66
Home Sq footage                                 4993                               5268
Lot Sq footage                                      16,870                            15,298
Home Cost Per Sq Ft                          $803                               $789
Lot Cost Per Sq Ft                               $245                               $284

Some Observations: Fewer Days on Market
Buyers willing to pay Higher Prices for Homes on Smaller Lots

Only Properties that are located on “Estate Home” Blocks are Included.

 

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Columbia Square in Hollywood is Great News for Hancock Park Real Estate with Viacom & Fender Guitars Moving There

Columbia Square will be the future Home of all West Coast offices of Viacom and Fender Guitar which is moving its Executive Offices from Scottsdale to Columbia Square. download (1)The complex is also home to NeueHouse (they moved in last year)  Hollywood’s new Work and Play Space for creative-class small businesses.  Think SOHO House + We Work. And the 200 unit 23 story unfurnished & furnished Apartment Building with Hotel Amenities just opened June 1.

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“Paley’s” Great New Restaurant in Hollywood just North of Hancock Park

9d2ff_2016-03-30-paley-008.0 2016-03-30-paley-001.0Great Menu and Great Review from Jonathan Gold of the LA Times.

Paley’s a Restaurant named after William Paley in this exciting new Columbia Square Development in Hollywood on Sunset between El Centro & Gower.  Columbia Square is home to the “happening”  NeueHouse  (Hillary Clinton had an event there several days ago). And home to a new 22 story Apartment Building with deluxe furnished & unfurnished apartments with “Hotel Amenities” at 1550 N El Centro.   Columbia Square will soon be the home of the Executive offices of Fender Guitars moving to Hollywood from Scottsdale. And Viacom has rented 300,00o sq ft of office space there to consolidate all its West Coast offices at Columbia Square. Columbia Square will eventually have approx. 3500 people working and or living there.

 

6115 Sunset Blvd. Suite 100, Hollywood; (323) 544-9430; www.paleyhollywood.com.

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2016 4th of July Fireworks at Wilshire Country Club in Hancock Park on Monday, July 4, 9PM

fireworks-photos-133 (1)The Wilshire Country Club’s truly amazing fireworks are scheduled for Monday evening July 4th at 9pm. One of the real treats in Hancock Park on The 4th of July are these spectacular fireworks offered every year by The Wilshire Country Club.

If they are as good as they were last year they are a phenomenal display. A corner near me where  Wilcox and Rosewood meet  is a popular spot. Maybe I’ll see you there.

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Good News for Hancock Park Real Estate: Netflix to move to Sunset Bronson Studios

Icon-300x215Last year, Netflix leased 200,000 square feet of the building at 5800 West Sunset Boulevard (Sunset & Bronson) in a deal that many in the industry touted as evidence of Hollywood’s rise. Earlier last month, Netflix executed an additional 10-year lease for the remaining five floors of Icon, or another 123,000 square feet.

The Netflix deal remains the largest lease ever signed in Hollywood in terms of square feet. “This is a landmark deal for Hollywood, for our company, for the project and Sunset Bronson Studios.  This lease exemplifies the convergence of tech and media in L.A.” said  Hudson Pacific Properties CEO Victor Coleman. 

 

 

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Hancock Park has an Active Garden Club

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The purpose of the Hancock Park Garden Club is: “to stimulate the knowledge and love of gardening and to contribute to the beautification of the community.” The Club has been a Member of the Garden Club of America since 1996 Zone XII

Hancock Park Garden Club
137 North Larchmont Blvd, Suite 720
Los Angeles, CA 90004
Annie Johnson, Presidentpict-berry

Their biennial fund-raiser has provided funds in the past for such projects as a teaching garden and education program at the children’s residential facility at Hollygrove, flower planters for the Larchmont Boulevard shopping district as well as the creation and planting of a median strip on Larchmont Boulevard, and a botanical tour pamphlet for the Los Angeles Zoo and Botanical Garden.

In addition, the Club has extensively restored, with money and loving hands, the rose garden at Getty House, the neighborhood home that serves as the official residence of the Mayor of Los Angeles.

Their bi-annual Plant Sale and Luncheon is scheduled for May 9 at The Getty House.

More information: Click Here

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How Do You Tell if it’s a Seller’s Market or a Buyer’s Market?

We’re currently in a Seller’s Market for all price ranges for Hancock Park Homes because of a shortage of inventory. Not enough inventory in each of the price ranges to satisfy buyers in that price range for the next 6 months. For example for Estate Homes …when a Fixer Estate Property came on the market on the corner of Muirfield Rd. and 3rd St. there were over 10 offers.

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