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Beverly Hills Estate With Long List of Celebrity Owners

Talk about a Beverly Hills house with some history! A few of the celebs who’ve called this estate home include: Bert Lahr –the lion in the original Wizard of Oz; Betty Grable; band leader Harry James; the Osbourne family; Paul McCartney; and Melanie Griffith.
Originally built by Paul R. Williams in 1941, the walled and gated estate sits on 1.3 acres of flat park-like land. The main house is approx. 12,000 square feet and includes 6 bedrooms, 7 baths and 3 powder rooms. Interiors are by Ralph Lauren.
The lower level features a media room with wet bar, and a wine cellar and tasting room. French doors open from nearly every room in the estate. And the main house has an attached three car garage.
The 3,000 square foot secondary house has two bedrooms, two and a half baths, a separate driveway, private entrance and two car garage.
A third newly built structure has a vintage two lane bowling alley, game room, wet bar and powder room. Putting green, pool, Koi pond, sports court and separate gym complete the estate.
The home is listed by Joe Babajian of Rodeo Realty’s Beverly Hills office. List price is $28.5 million.
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Gospel Music Visionary Places Calabasas Home on the Market

Vicki Mack-Lataillade is selling her home in Calabasas. The gospel music industry executive and visionary was founder and owner of GospoCentric Records and B-Rite Music.

Multi-platinum award-winning artists/projects she worked with include Kirk Franklin, Kelly Price, Kurt Carr, God’s Property, Dave Hollister, and the Gotta Have Gospel Compilation.Billboard Magazine even named GospoCentric the top gospel label in America at one point, with sales of more than 30 million CDs.

The 6,000 square foot, five bedroom, five bath, one story estate is located in the gated Park South community of Calabasas. It’s on a full acre lot and Mack-Lataillade is the original owner. The home includes great rooms, 25 foot ceilings, granite countertops, marble and hardwood floors, a sweeping stair case that leads to the upstairs bonus/media room, mountain views, pool and more.

Ken Marker and Corey Brown of Rodeo Realty’s Sherman Oaks office are co-listing the property for $1.999 million.

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ANNUAL WAG N’ WALK FUNDRAISER IN SIMI VALLEY

If you’re looking for a fun activity on Saturday, September 25th that supports a great cause, check out the annual Wag n’ Walk fundraiser in Simi Valley. Rodeo Realty agent Sharon Staples is one of the event organizers and will be participating with her three rescue dogs Missy, Maui and Buddy.
What: The annual Wag n’Walk is a fundraiser for Animal Rescue Volunteers of Simi Valley. The walk is 3 miles and takes animal lovers and their canine companions through the Rancho Simi Community Park and surrounding areas.
Team Staples
The event includes:
• Complimentary breakfast for registered walkers during registration and prior to the walk. Walkers that raise at least $100 receive a goodie bag and an event T-shirt. And there will be secret roving judges during the walk awarding prizes during the walk to your canine companions.
• Silent auction during the entire event. Bid for items and check back to ensure you’re still the top bidder. Tremendous deals have been won at previous events! At the end of the event, payments are collected and auction items are distributed. Items must be picked up at the end of the event.
• Fundraising prizes will be awarded and there will be a raffle for walk participants after the walk.
Who: Animal lovers, dogs, families and anybody who wants to walk for a good cause are welcome.
(Team Staples’ Missy, Maui and Buddy)
Where: Rancho Simi Community Park amphitheater in Simi Valley
When: Saturday, September 25th 2010. Walker registration and breakfast starts at 7:00AM. The walk starts at 8:00AM. The event ends approximately at noon.
Why: All proceeds go to benefit Animal Rescue Volunteers (ARV), Inc., a non-profit organization that began in 1994. The group works with local animal shelters, veterinarians, and other rescue groups to locate animals most in need of care. It places animals in foster homes and hosts weekly adoptions.
Contact: Sharon Staples, (805) 501-0756, Animal Rescue Volunteers, (805) 579-8047, or visit: www.arvsimi.org
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Heidi Montag's Lease Listed For Sale

Brian Stevens’ Malibu listing made L.A. Times Hot Properties this week. Here’s some of what reporter Lauren Beale had to say:
Reality TV star and singer Heidi Montag has been hiding out by the beach this summer at a Malibu place she rented for $25,000 a month, according to the Multiple Listing Service. But she moved on in late August, and the gated contemporary is back on the market at $5.5 million.

Yes, that’s Heidi of “The Hills,” as in Heidi and Spencer, as in soon-to-be divorced Heidi. Lost? Backing up, Montag began dating fellow cast member Spencer Pratt while working on “The Hills” (2006-10). The pair eloped to Mexico in 2008 and, just for good measure, got married again stateside last year. In July she filed for divorce.

The acre-plus property where she made her summer home has a saltwater lap pool, tropical landscaping and mature trees. The kitchen has a blue glass sink, an eat-in center island and a skylight; the master suite has a two-sided fireplace, a wet bar, dual closets, a sunken tub and shower for two. There are 6,636 square feet of living space in which to lose oneself. The five-bedroom, six-bathroom house, built in 1972, is also available for lease at $19,500 a month, furnished, with a year lease.
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Home Once Owned by Elton John, Joan Collins and Christine McVie

This gated and private East Coast traditional view estate is located in the star-studded Crest Streets of Beverly Hills. Not surprisingly, the home has a long list of former celebrity owners including: Christine McVie of the rock band Fleetwood Mac, Joan Collins, and Elton John.

The estate is on more than ¾ acres of lush, park-like grounds. A large motor court entry leads to a majestic home that features flagstone exterior and slate roof.

Interiors are elegant and comfortable, with wood floors and wonderful spaces for entertaining. The living room features a marble fireplace and French doors that lead to a covered patio overlooking the landscaped grounds and breathtaking city, mountain and ocean views.
The formal dining room also features French doors that open to a fragrant rose garden. The centerpiece of the home is a gourmet kitchen with center island, breakfast area, pine cabinets, exposed beam ceiling and top of the line commercial stainless steel appliances. An adjacent family/media room with oversized fireplace and built-in bookcase plus separate den/office with fireplace are also featured.
The master suite offers tranquil city and ocean views, an oversized fireplace and a gorgeous master bath with dual sinks, spa tub and steam shower with ocean view. Three additional bedroom suites complete the interiors. The lush and verdant grounds include several flat grassy areas, a swimmers pool, sun deck and pond with shady gazebo.
Joe Babajian of Rodeo Realty and Judy Cycon of Prudential California Realty are co-listing the property. The price is $7.45 million. For more information visit: http://www.lloydcrestestate.com/.
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Ben Salem and Cash for Keys Transactions

Ben Salem of Rodeo Realty’s Sherman Oaks office just returned from the 2010 CoreLogic® Vendor/Broker Conference in Orlando (formerly First American) called “Insights for Success,” where he was asked to lead an educational panel on REO evictions and best practices. Here’s what Salem had to say about the experience and another upcoming speaking engagement:
“This was an amazingly insightful conference, packed with three days of educational tracks covering a wide range of vital issues involving BPOs, REO servicing, and field services. I know attendees, myself included, took away some valuable ideas and advice on what to expect from our clients and how to employ best practices in evictions. Of course it also gave us all an opportunity to network with our industry colleagues.
My panel, titled “Evictions—Avoid Costly Delays and Penalties,” allowed me the opportunity to share my experience and ideas on how to negotiate a successful cash for keys with compassion, while avoiding delays and other costly issues that can impact a servicers’ bottom line. We had a fantastic turnout.
Through a comprehensive overview of the evictions process my goal was to offer REO agents a unique perspective on how to handle this most delicate aspect of any foreclosure and effectively complete cash for keys transactions. We focused on borrowers rights; the difference between personal property and debris; techniques for occupancy determination; and how to break the ice with occupants.
Next month I’ll be speaking at the Five Star Default Servicing Conference and Expo (Sept. 21) in Dallas. I will be presenting another educational session on the do’s and don’ts when negotiating cash for keys transactions and dealing with not-so-welcome occupants. Former first lady Laura Bush will serve as one of several distinguished keynote speakers, and I can’t tell you how excited I am about this upcoming industry event!
Ben Salem Properties and the Elite REO Team continue to think outside the box when it comes to innovative ways to help our clients manage and move their properties in the most efficient amount of time with the least amount of complications and for the best price possible.
Educating other REO agents on how to provide compassionate relocation assistance to struggling homeowners as we serve our clients goals is part of our commitment to excellence and to our community.”

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Katherine Kelly Lang Selling Home in Sherman Oaks

Soap star Katherine Kelly Lang, who has played Brooke Logan Forrester on CBS’s the “Bold and the Beautiful” since 1987, and husband, entertainment industry executive Alex D’Andrea, have listed their Sherman Oaks home.

The South of the Blvd. abode blends warmth, charm and impeccable designer interiors. It has 3,410 square feet of living space, 5 bedrooms and 3 baths. Soaring ceilings, wood floors, fireplace, and a 7’ built-in wine rack are just a few of the home’s perks.

The generous master suite includes a spa tub, separate shower and walk-in closet. The backyard boasts a basketball goal, lush landscaping, viewing area, and even a putting green.

Lang and D’Andrea’s home is situated in the Dixie Canyon Elementary boundaries and close to many prestigious private schools. The house is priced at $1.449 million and Todd Jones of Rodeo Realty is the listing agent.

For more information visit: www.toddjoneshomes.com/dixiecanyon.aspx

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Kenny Roger's Former Home On the Market

Lauren Case and Stefani Porter of Rodeo’s Woodland Hills office are co-listing the former home of country music icon Kenny Rogers. The 3,147 square foot Spanish Hacienda hideaway is on more than an acre of land in the Mulholland Scenic Corridor. Apparently Kenny Rogers was the home’s first owner back in the late 1970s.
Designed for indoor/outdoor living, the home has numerous French doors opening to pergola covered patios featuring a built-in BBQ grill, a large swimmer’s pool and spa, a putting green, flat lawns and mature landscaping.
Close to hiking, bike trails and urban areas, the multi-level 4 bedroom, 3 bath residence has sweeping mountain views from bedroom verandas, custom plaster walls, carved wood & iron entry door, tall ceilings, wood beams, skylights, and imported French stone & tile accents.

The chef’s kitchen has a large custom built eat-in granite table large enough to seat six with wood cabinetry and wine rack beneath, granite counters, Sub Zero fridge, and Viking range with grill. For more information contact Lauren at (818) 974-8722 or Stefani at (818) 999-2030. You can also visit the listings section of http://www.laurencase.com/.

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Renewing Your Real Estate License

The “Broker’s Corner” contains information on current issues regarding the Department of Real Estate, National Association of REALTORS, California Association of REALTORS and legislative activity affecting our industry.
By Ken Davis of Rodeo Realty
I would like to address procedures for renewing your real estate license. The DRE provides two methods for renewing your license, whether it be a Salesperson’s or Broker’s license.
The first is sending paper documents by mail. Assuming 3-5 days for the post office to deliver, and 3-5 days for the DRE to log it in and cash your check or charge your credit card, you can expect at least 6-10 days before you have any evidence the DRE has acknowledged your renewal application and accepted your payment.
If you have 2-3 months before your license expires, you probably will not experience the stress of your license expiring on the DRE website. Or maybe you will. The DRE is generally running 45-60 days late in processing mail-in renewals.
If your license expires, the DRE requires your broker to sever you from Rodeo Realty, until proof of renewal is provided. The DRE forbids you from practicing your profession while your license is expired. This is not something any of us want to face.
The second method is “E-Licensing”. You simply file the same information you would have submitted by mail, but you do it on-line. When you complete the on-line form, you fill out a credit card payment authorization and click the submit button.
If you have a broker’s license, you are finished. If you have a salesperson’s license your broker is immediately notified by e-mail that your renewal has been submitted electronically. Your broker logs into the DRE e-licensing page and acknowledges the submission. In a nanosecond, your license expiration date is advanced four years and you and your broker can go on to more important things.
The moral of the story is, if at all possible, please use E-Licensing to renew your license. It will save you stress and make your broker smile!

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Bob Mackie's Former Beverly Hills Home

bob mackie house

Rodeo Realty’s Joe Babajian is listing the former Beverly Hills abode of fashion designer Bob Mackie. It is located in the desirable “Crest” streets in prime BHPO. Recently renovated designer interiors include: a dramatic living room with fireplace and 12’ ceiling; showroom-quality kitchen with top-of-the-line appliances that opens into a family room; formal dining room; and separate office. The master suite features a sitting room, dual closets and master bath with spa tub. There are four other bedrooms including a staff room with separate entry. Floor-to-ceiling windows throughout the house provide plenty of natural light and prime views of the city. Other features include wood floors, integrated audio visual system and security system. And the grounds? The property is on a street-to-street lot that offers a tranquil and private setting. It also has a large patio and fire pit for entertaining. List price: $2,695,000. See more at: http://www.9314lloydcrestdr.com/

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