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Rodeo Realty Buys Former Palisadian Post Building

palisadespostbuildingNo, we aren’t getting into the news business but Rodeo Realty is picking up a piece of news history. It was announced this week that Rodeo Realty closed escrow on the historic Palisadian-Post building at 839 Via de la Paz for $3 million.

Syd Leibovitch, owner of Rodeo Realty was quoted as saying:  “I’m always looking to expand and when the building came up for sale, I realized it’s the exact location I wanted.” He detailed plans for renovating the building including:  “a state-of-the-art facility with numerous private offices and really large private cubicles.”

This will be the 12th office for Rodeo Realty, which employs over 1,000 agents and is the largest single-owned real estate company in California.

The building, which was built in 1946, has always been home to a newspaper and was headquarters to the Pacific Palisades Post until last week.

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Newly Listed: A Private Retreat In Calabasas

This amazing property was featured in the LA Times magazine and is located  the quiet secluded “Monte Nido” neighborhood of Calabasas. It features authentic styling with rustico Mexican tile, custom dual-paned doors made in Placitias, New Mexico and sa tacked vintage tile roof from San Gabriel Mission School. This residency represents Old California Revival styling.

It is extremely private and gated with a separate tack or workshop and a covered corral at the end of the property. Relax on your front porch facing a beautiful Spanish fountain or on your back porch in a swing overlooking a huge flat lawn with massive trees and a meandering creek. Unlimited potential for the discerning buyer located on a private street (Malibu Oaks) with riding trails throughout. Minutes from the 101 freeway and Malibu. Check out the complete listing here.

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The Spiga Estate On The Woodland Hills Patch

The estate of Maestro Carlo Spiga in Woodland Hills was recently listed by Matt Schroeder. Spiga was the founder of the Los Angeles Pops and was one of the first Pop orchestras in the country.  It was recently featured in the Woodland Hills Patch.

Spiga toured around the world conducting orchestras but made his home in Los Angeles. His house was designed for entertaining and he built the villa to accommodate private concerts and rehearsals.  The spectacular Spanish/Med private gated compound is on an over 30,000 square foot lot and has views the valley and the Santa Monica Mountains.

The property includes a second detached 2 bedroom, 2 bath home with balconies, granite counters, marble floors, central air and heat, gas fireplace and an attached two- car garage. Attached to this home is a 1 bed/1bath private cottage with a brick patio, BBQ, wood fireplace, ceramic floors and private garden.

The four-bedroom main house has a great room with a cathedral ceiling, wet bar, marble fireplace, family room, dining room, central air, Italian ceramic tiles &and marble floors. Outside there is a stamped concrete patio, pool and spa with waterfall, built-in BBQ with refrigerator and a covered breezeway which leads to a 880 sq. ft. tiled floor cabana with central heat/air, maple cabinets and granite counters in the kitchen and a full bath.  Check out the complete listing here.

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Rodeo Realty's Syd Leibovitch On Winning The Bidding Wars

Right now it’s tough for home buyers. Inventory continues to be low, prices are escalating and worries about interest rates are causing many people to worry if their window is closing. Recently the Wall Street Journal ran a story on how home buyers can compete in the bidding wars that are becoming common for major properties.

Lowball offers are a thing of the past. Syd Leibovitch, the president of Rodeo Realty was quoted in the article and told the reporter that he advises clients to make their first offer “as high as you can possibly go.” He finds that because it’s difficult to predict how high the other offers will be it’s important to come in stronger rather than risk losing a house to someone else for a price you would have been willing to pay.  It’s important also not to get carried away in a bidding war. Find your maximum and stick to it. Check out the complete article at the Wall Street Journal. 

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