The WALL Fitness Hosting Open House for Rodeo Realty Agents

If you set health and fitness goals for 2019, The WALL wants to help you stay on track! Learn more about Los Angeles’ newest fitness studio by attending, Wine Down With The WALL.

The facility is hosting an Open House for all Rodeo Realty agents! On Tuesday, February 12, stop by the The WALL from 5 – 6 p.m. to enjoy some wine, get a VIP tour of the studio, and meet celebrity trainer, Jason Wimberly. In addition, those who attend the one-hour event will receive a Rodeo Realty gift bag and will be able to sign up for a free workout class!

If you would like to attend, please RSVP by clicking link: https://bit.ly/2SyRxHq

The event will take place at 730 South La Brea Avenue, Los Angeles. There is free parking for 90 minutes with validation. To learn more about the facility, click HERE.

Rodeo Realty’s Richard Cure interviewed for being die-hard Los Angeles Rams fan

The Los Angeles Rams are heading to the Super Bowl! This after their 26-23 overtime victory in the NFC championship game Sunday against the New Orleans Saints.

As a result, news outlets in Los Angeles decided to interview die-hard Rams fans!  One fan being Rodeo Realty’s Richard Cure.

Rodeo Realty agent Richard Cure and family, interviewed by CBS2.
Richard interviewed by ABC7.

Richard, along with his family and neighbor, were interviewed by local news stations ABC7, CBS2, and KCAL9. In addition, the Ram-ly showed off their Rams apparel and spoke about the upcoming Super Bowl game.

Mary Masciotra, Richard’s neighbor, told the news stations she paid roughly $1,200 apiece for two tickets to the game! A better price if you compare that to the current price of about $3,000 for an individual ticket! Richard said he’s okay with dodging the ticket prices and watching the big game at home! However, Mary will head to Atlanta.

In conclusion, the Los Angeles Rams will be facing the New England Patriots in the Super Bowl on February 3.

Rodeo Realty’s Beverly Hills agent Beatriz Martinez reps buyer of home with ties to Fairbanks theatrical family

Mentioned by the Los Angeles Times for selling a home in Hollywood Hills West is Beatriz Martinez of Rodeo Realty Beverly Hills. The agent represented the buyer of the home with ties to the Fairbanks theatrical family.

(Jeffrey Ong / PostRAIN Productions)

According to the LA Times, the property was once home of Robert P. Fairbanks, brother of actor-filmmaker Douglas Fairbanks Sr. and former president of United Artists Studio Corp.

Architects Arthur and Alfred Heneman originally designed the home, which was built in 1914. The two-story was later remodeled by Charles and Henry Greene and was restored afterwards by New York designer William Sofield.

Guest house converted into home theater. (Jeffrey Ong / PostRAIN Productions)

The one-third-of-an-acre property comes with four bedrooms, six bathrooms, two garden terraces, a swimming pool, and a koi pond. Further, the museum-quality home has a guest house that has been converted into a home theater. Aside from that, a secret passage inside the home leads to a wine room, a game room, and a gym.

Secret passage leads to wine room. (Jeffrey Ong / PostRAIN Productions)

The museum-quality home sold for $2.788 million. According to the LA Times, Robert Fairbanks was living at the home when he passed in his sleep in 1948.

(Jeffrey Ong / PostRAIN Productions)

To read the LA Times feature on this property, click HERE.

Rodeo Realty’s Alex Howe and Kaitlyn Olson sell home of hairdressing titan Bruno Mascolo

Bruno Mascolo, CEO of world-famous hairdressing firm Toni & Guy, has sold his West Hollywood condominium. The sale, which included two Rodeo Realty agents, made news in the Los Angeles Times.

Alex Howe of Rodeo Realty Beverly Hills represented Mascolo and Kaitlyn Olson represented the buyer.

The high-rise corner unit comes wrapped with floor-to-ceiling windows. Most noteworthy, the glass doors that take you to a private balcony. The almost 1,700 sq. ft. space has an open living area, one bedroom, and two bathrooms. In addition, building amenities include valet parking, a fitness center, and a saltwater swimming pool.

In conclusion, the condo is located inside the Sierra Towers and sold for $3.733 million.

LA Metro offering free rides on Christmas Eve, New Year’s Eve

Metro has announced that they will be providing free rides this holiday! The transit agency said it will waive the $1.75 fare for rides this Christmas Eve and New Year’s Eve.

Riders will be able to travel for free on Metro’s trains and buses in the evenings during these holiday dates.

According to Metro, providing free rides will “help LA County residents enjoy the holidays safely and without the hassle of driving.”

On December 24, Metro trains will run every 20 minutes between 9 p.m. and 2 a.m. In addition, Metro’s Purple and Red line trains will run every 10 minutes between 9 p.m. and 1 a.m on New Year’s Eve. Also, Blue, Gold, Green, and Expo line trains will run every 12 minutes.

For more information on Metro’s free rides, click HERE.

Ways To Give Back During The Holidays

Want to give back to your community this holiday season? Here are some ways you can share the holiday cheer:

1. Donate a book
Better With Books provides literature to many kids in need. You can sign up to help them for their holiday book drive that will be taking place on December 23.


2. Host a donation party
Want to give back and help families with babies? You can host a donation party through Baby2Baby, and help them gathers items for infants, kids and families.

3. Buy a gift for people with disabilities
Help people with co-occurring autism, intellectual disabilities and mental health issues. The Hope House for the Multiple Handicapped Inc. residents have filled out a wish list for the holidays. You can help by purchasing their gift and sending it directly to them.


4. Help a rescued pit bull
This year, consider donating to Angel City Pit Bulls. This organization helps rehab pit bulls and find them loving homes.

5. Provide kids with toys
Spark of Love is looking for monetary donations and toys to help kids in need. The Los Angeles Fire Department and ABC7 will help by putting on a toy drive. Give back by dropping off donations at your local fire station.

6. Help sick children from low-income families
Help the Children’s Hospital Los Angeles and give back by helping kids whose families are facing financial hardships and who may also be suffering from chronic or acute illness.


7. Toys for Tots
Provide toys to kids whose families can’t otherwise afford them. Take a look at this list for Toy for Tots drop-off locations.

8. Adopt-A-Family for the holidays
Provide a meal and gifts to an entire family. Families Forward Learning Center provides services to low-income people in Pasadena with young children.

 

Economic update for the week ending December 15, 2018

New York Stock Exchange

Stocks ended the week down 

Signs of a slowing economy in Asia and Europe wiped out gains earlier in the week as stocks fell 2% on Friday. Earlier in the week it looked like stocks would end the week higher as investors  felt more optimistic that a trade deal would be worked out with China after President Trump tweeted that progress has been made, and talks with China have been productive. An inflation report showed inflation in check which lowers the risk of higher interest rates. Unfortunately, Friday’s repots that showed weakness in Asia and Europe wiped out the earlier weekly gains, and stocks had another losing week. The Dow Jones Industrial Average closed the week at 24,100.51, down from 24,338.94 last week. It was down 1.2% for the week and is now down 2.5% year-to-date.  The S&P 500 closed the week at 2,599.95, down  from 2,633.08 last week. It was down 1.3% for the week and is down 2.8% year-to-date. The NASDAQ closed the week at 6,910.77, down from 6,969.25 last week.   It was down 08% for the week and down 0.1%  year-to –date. 

Treasury Bond Yields unchanged 

The 10-year treasury bond closed the week yielding 2.89%, up slightly from 2.85%  last week. The 30-year treasury bond yield ended the week at 3.14%, unchanged from 3.14% last week. We watch treasury bond yields because mortgage rates follow bond yields. 

Mortgage rates dropped to the lowest level in three months 

The December 13, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.63%, down from 4.75% last week. The 15-year fixed was 4.07%, down from 4.21%  last week. The 5-year ARM was 4.04%, down from 4.07% last week. Rates ended the week even lower. 

Rodeo Realty’s Beverly Hills agent Brandon Assanti sells ‘KUWTK’ home

After 11 years on the market, approximately 19 different agents, and nine  brokerages, the ‘Keeping Up With the Kardashians’ home has finally sold! Brandon Assanti of Rodeo Realty Beverly Hills was a listing agent to the Studio City home.  The ‘KUWTK’ home was used to portray the exterior of the Kardashian-Jenner home on the reality TV show. Assanti received a lot of media attention since he listed the property. 

 
For example, the property made headlines on TMZ, PEOPLE, Los Angeles Times, and many other sites and publications.

 
The Iredell Estate is behind large gates on its own private knoll. The Contemporary Mediterranean estate has seven bedrooms and nine bathrooms. The home comes with panoramic canyon and mountain views. In addition, the two-story villa offers a chef’s kitchen with breakfast room, and a dining room. Also included, a screening room, wine cellar with tasting room, and an outdoor kitchen.

In conclusion, the ‘KUWTK’ home sold for $5,250,000. Also, take a look at the property video below!


FEATURED ARTICLES

To read the TMZ article on this home, click HERE.
PEOPLE
The Real Deal
Los Angeles Times
San Fernando Valley Business Journal
The Washington Insider
Radar Online

 

Rodeo Realty sponsors Hope of the Valley’s Great Thanksgiving Banquet

On the day before Thanksgiving, many Rodeo Realty agents volunteered their time to feed the homeless. The Great Thanksgiving Banquet by Hope of the Valley provides the largest Thanksgiving meal in the Valley. This is an event Rodeo Realty sponsors every year.

Rodeo Realty sponsors Thanksgiving Banquet

Just like previous years, Rodeo Realty sponsored 10 tables to help provide more gourmet Thanksgiving meals to people in need.

In addition to the Thanksgiving meals, attendees received sleeping bags, blankets, tooth brushes, medical exams, and much more!

 

Rodeo Realty’s Beverly Hills agent George Kahwaji listing Britney Spears’ former villa

The onetime home of American singer Britney Spears is on the market for $8.95 million. George Kahwaji of Rodeo Realty Beverly Hills is the listing agent. The home, which made headlines in the Los Angeles Times, is where Spears moved to in early 2007, according to the newspaper.

 

Located in the prestigious guard gated Summit of Beverly Hills, the house features a chandelier-topped foyer, a vaulted-ceiling living room, a formal dining area, a chef’s kitchen, and a family room. The two-story home also includes a home theater, a master suite with a fireplace and private loggia.

Outdoors, there’s a saltwater swimming pool and spa, a fire pit, and a built-in barbecue.

Built in 2001, the home has six bedrooms and 6.5 bathrooms in all.

To read the Los Angeles Times article on this property, click HERE.