Realtor.com noted that an architectural beauty listed recently with John Galich of Rodeo Realty, has been sold. This post & beam architectural estate by Buff & Hensman A.I.A. was built in 1961, and carefully restored for the modern owner. It sits down a gated drive with pool, expansive city, mountain and landmark views. Nearly every room has walls of floor to ceiling glass to take in the stunning setting. The property offers the feel of a compound with a separate guest house and sun-drenched pool down a lushly landscaped path. Once there, you enjoy incredible canyon views and the lights of Hollywood in the distance. The home is ideally situated just off Mulholland, allowing quick access to the Studios, Hollywood or Beverly Hills shopping. Congratulations to the new owners!
Rodeo Realty Agent Ben Bacal Helps Megan Ellison Make A Big Buy
Film producer Megan Ellison (she’s a producer on “American Hustle” among many other credits) is also a mover and shaker on the real estate scene and Rodeo Realty agent Ben Bacal helped her with some of the biggest transactions in the Los Angeles area. As the Los Angeles Times reported, first Ellison sold her three-house compound in Hollywood Hills West for close to $47 million, and now she has spent $20 million on a mansion and $10 million on adjacent land to create a nine-acre mountaintop estate in the same community. Ellison’s new retreat includes a contemporary house built in 1990 that has over 10,000 square feet of spa.
Rodeo Realty December Magazine
It was a great month full of celebrity listings, community involvement, agent accomplishments and more. Read all about it in the Rodeo Realty Journal.
Rodeo Realty Celebrates Another Great Year
Our holiday party just ended and all the great pictures are rolling in. Here are a few snaps from a very festive night at Universal City. Thanks to Syd Leibovitch and all the party planners who made this such a special night!
Rodeo Realty Agent Joe Goldin Quoted In WSJ Article On Candy Cane Lane
Have you ever heard the term “Candy Cane Lane” in a listing description? It refers to the streets that go all out with the lights and decor during the Christmas season, turning a neighborhood into a magical, must-visit destination. This year with Christmas light overload even hitting primetime with ABC’s “Great Christmas Light Flight” it seems that decorations are bigger, bolder, and better than ever. The Wall Street Journal reports that roughly 100 homes on the market in the U.S. promoted their Candy Cane Lane status in listing descriptions in the past three years.
One of the most famous Candy Cane Lanes is in Woodland Hills in a four-street area so popular that it attracts visitors from all over Los Angeles who crank up the Christmas carols and come by to see (and photograph) the famous lights. Earlier this year, Joe Goldin, a real-estate agent at Rodeo Realty in Encino, Calif., sold a Candy Cane Lane property for $700,000. Joe didn’t put Candy Cane Lane in the listing. He didn’t need to. “Everyone knows about it,” he told the WSJ’s Sanette Tanaka.
Rodeo Realty Northridge Shares The Holiday Spirit With Local Families
The holidays are always a busy time and they were extra busy this season at the Rodeo Realty Northridge office which is in the middle of a major renovation. It made for one very rushed December but the generous agents at the Northridge office still found time to continue their work supporting the Hathaway-Sycamores Child and Family Services Adopt A Family Project. The office has done this for over seven years.
This year they adopted three local families who were displaced as victims of domestic abuse. Even with the remodeling frenzy, the agents were more generous than ever. They provided each family a Christmas Tree complete with stand, lights & ornaments and were able to provide each family many of the items they hoped to receive. There were gift cards for holiday meals, clothes, games, art supplies, jackets, shoes, household items, gift cards for fast food and more all beautifully wrapped by Rodeo NR elves. About 30 agents donated gifts, cash, time for shopping and time to wrap gifts. The donations totaled in excess of $1,000 – an all-time high! Good work Northridge team!
Rodeo Realty Beverly Hills Properties Featured On Los Angeles Confidential
This week Los Angeles Confidential featured two Rodeo Realty properties in Beverly Hills, each listed with top Beverly Hills agent Joe Babajian. The first is the Janice Place home that was once owned by Rihanna. The contemporary home received high marks from LA Confidential for its large windows, rich wood flooring and ” master suite, which boasts an edgy-chic design and a lust-worthy custom closet outfitted with suede ceilings.”
The second is a palatial home on Loma Vista Drive. LA Confidential called attention to the home’s lavish interior with five ensuite bedrooms, seven bathrooms, and two powder rooms. The estate’s grounds also make it particularly worthy including the pool, spa, patio areas and lush yard. Read more at the Los Angeles Confidential website.
Trendwatch 2014: Chinese Buyers To Take An Even Greater Role In The Luxury Market
The Chinese buyer is already a huge part of the luxury market but that segment is set to widen in 2014. Recently the Institute of Luxury Home Marketing ran a post predicting that the Chinese buyers will become an even bigger force in the United States. New York and Los Angeles are two of the major markets that the wealthy Chinese buyers are drawn to, partly because these are places they have seen in the media but also because their children are drawn to these areas. The blog post also cited major university towns as a draw for buyers who often look for a condo for their child. The EB-5 program, which provides a green card to those foreign nationals who invest $500,000 to create ten U.S. jobs is a major lure for buyers from China and around the world.
The luxury market in general is embracing the Chinese market strongly. Recently luxury brand conglomerate LVMH Moët Hennessy Louis Vuitton announced that they are have created an education program LVMH Fundamentals in Luxury Retail with the Chinese-American Planning Council (CPC) and Parsons The New School for Design to train qualified Chinese-American candidates for the luxury goods retail market. The program includes classroom education at Parsons and an internship in one of LVMH’s retail stores and features training in fashion history and understanding consumer trends to retail operations, communications and teamwork skills.
Here at Rodeo Realty we’ve taken steps to communicate more effectively with Chinese buyers including partnering with Caimeiju to offer Chinese luxury property search. We also have agents who have worked extensively with Chinese buyers and understand the unique facets of working with this dynamic group of motivated and educated buyers.
Local Market Report For The Conejo Valley–November 2013
Below is the local market report for the Conejo Valley for the month of November 2013 including year over year data on median prices and days on market.
Rodeo Realty Joins Move For Hunger Holiday Food Drive
Rodeo Realty, Silverado senior living, and NorthStar Moving® Company, the leading eco-luxury mover in California, have partnered with Move for Hunger to host a holiday food drive to feed hungry children and adults in Los Angeles County. The donations will help feed the 1.6 million people in Los Angeles County that live on incomes that put them at risk of hunger. Forty percent of those in need are children.
The food drive runs through December 20, 2013. Donations are now being accepted at the Calabasas and Los Angeles Silverado locations. Suggested food items include peanut butter, jelly, canned beans, fruit juice, rice, crackers, baby food, canned vegetables, pasta and sauce, soups, salad dressings and all nonperishable items. The donations will benefit the Los Angeles Regional Food Bank. NorthStar Moving will provide the boxes for the donations and pick-up and transport all of the donated items to the food bank.
WHERE: Silverado Calabasas Memory Care Community
25100 Calabasas Rd.
Calabasas, CA 91302
Silverado Beverly Place Memory Care Community
330 N. Hayworth Ave.
Los Angeles, CA 90048
WHEN: November 25, 2013 – December 20, 2013