New Properties Coming Up

We have a wide assortment of properties coming up for sale in the next few weeks.  Penthouse “C” in 875 Comstock Avenue, 2220 Avenue of the Stars unit #1101, 10556 Strathmore Avenue in Little Holmby, 10490 Wilshire (Blair House) Unit 1205, and 1333 So Beverly Glen Blvd (Glen Towers) Unit 701. Check our websites
www.wilshirecorridor.com or  www.markrogo.com for details.

Interesting Phase In Real Estate Market

The market has entered an interesting phase; mass confusion and chaos. It doesn’t have a leader or a sense of direction, so offers and prices are all over the place. Example; unit 1906 at The Mirabella closed at $1.2M in original condition. Yet similar size unit on the same floor in brand new condition fell out of escrow at $2.350M, asking $2.6M and just received an offer of $1.3M.  Stunning new mid-century Modern in Little Holmby had four legitimate full-priced offers to lease at $8,900, yet no offers to purchase at $2.5M, even though that was the better value. No one likes a “fixer”, yet our “fixer” on Strathmore is getting a lot of play, even though it’s not on the market yet. Very confusing.