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Real Estate agent showing clients a home.

Real Estate, Selling Your Home

Real Estate: Timing Can Be Everything

Posted May. 28, 2016, 11:42 am

Often people are not aware of what to expect in the process of selling their home. They may not know about preparations that could be made before marketing begins that will enhance the value of their home and the timing of the sale.

The beach

News, Real Estate

A Realtor With Knowhow – Meet Murray Weisberg

Posted Apr. 18, 2016, 3:50 pm

Meet realtor Murray Weisberg - he is the associate manager at Sotheby’s lnternational Realty in Brentwood. He is also the 2005 past president of the Beverly Hills/Greater Los Angeles Association of Realtors, and has served for many years as a Director of the California Association of Realtors.

1010 Montana Avenue.

News, Real Estate, Santa Monica, Montana Ave

Gibson International Opens on Montana, Santa Monica

Posted Apr. 18, 2016, 1:51 pm

Gibson International’s newly opened Santa Monica office features a team of agents who are knowledgeable about the market and the local community and are mostly past or present Santa Monica residents.

This 4,000 sq. ft Canyon Rim house at 110 Larkin Place, Santa Monica, is on the market for $11 million.

News, Real Estate, Santa Monica, Santa M,onica

Santa Monica Moves Up to 2nd in Luxury Real Estate Market

Posted Apr. 14, 2016, 12:37 pm

Santa Monica saw a drastic upswing in luxury home sales in the first quarter of 2016 compared to the same period last year, a market report released Wednesday revealed.

3032 Wilshire

News, Real Estate

Cadence Buys Again in Santa Monica at $1,400/sF

Posted Mar. 15, 2016, 11:08 am

The sale of a former bank branch building on Wilshire Blvd. in Santa Monica to Cadence | California for $13.5 million, was announced today.

SPACES recently signed a lease for 28,822 square feet at 730 Arizona Avenue in Santa Monica. The building boasts multiple balconies and patios, and is within walking distance of a variety of stores and restaurants. CBRE’s Danny Rainer represented the company in the transactions.

News, Real Estate, Spaces, Renatl

Santa Monica Targeted by Co-workspace Giant

Posted Mar. 7, 2016, 12:32 pm

Netherlands-based workplace provider SPACES is coming to Santa Monica, they’ve signed two lease deals in Los Angeles, totaling approximately 59,000 square feet.

201 Ocean Avenue, also known as the “billionaire towers.”

News, Real Estate, Santa Monica, Billionaire Towers

New Billionaire Towers Revealed

Posted Mar. 7, 2016, 12:28 pm

Santa Monica’s greatest sources of glamor – the ocean, entertainment and real estate – came together at the launch party for "billionaire towers," renovated and with spectacular views.

Jerry's Liquor

News, Real Estate

Jerry’s Liquor Site Sells For More Than $470/Sf

Posted Mar. 3, 2016, 12:23 pm

The building housing Jerry’s Liquor on Wilshire Blvd. in Santa Monica has sold to a private real estate developer for a record of more than $470 per square foot after drawing over a dozen offers for the property.

10 Millions Dollar Listing

News, Real Estate

Luxury Real Estate Off to Strong Start in 2016

Posted Feb. 24, 2016, 1:54 pm

The Westside is performing well already this year in terms of luxury real estate. A report released Tuesday revealed that the Santa Monica, Beverly Hills and Pacific Palisades luxury housing markets are off to a strong start.

Michael Edlen has helped over 1,000 clients achieve their real estate goals since 1986.

News, Real Estate, Santa Monica

Risks Of Being Represented By A Seller’s Agent

Posted Nov. 21, 2015, 10:38 am

California is one of the states where “dual agency” is permitted in real estate transactions (where one agent represents both buyer and seller). Other states require that their own agent represent each side of a residential purchase.

The apartment property located at 2250 30th St., Santa Monica.

News, Real Estate, Santa Monica

10-Unit Apartment Property Sold In Santa Monica For $2 Million

Posted Nov. 16, 2015, 9:20 am

Stepp Commercial, a leading multifamily brokerage firm in the Santa Monica market, has completed the $2 million sale of fully occupied, 10-unit apartment property located at 2250 30th Street on the corner of Pico Blvd. and 30th in Santa Monica.

Lincoln Property Company, along with partners Linwood Ventures and Artemis Real Estate Company, announced the sale of 2825 Santa Monica Boulevard, a premier medical office building in Santa Monica’s highly sought-after medical office market. The building was sold to Stockdale Capital for $38.5 million.

News, Real Estate, Business, Santa Monica

Santa Monica Medical Building Sold For $38.5 Million On Santa Monica Blvd.

Posted Oct. 29, 2015, 3:55 pm

In one of the most sought-after medical office submarkets in Southern California, Lincoln Property Company, in partnership with Linwood Ventures and Artemis Real Estate Partners, has sold 2825 Santa Monica Boulevard, a premier medical office building in Santa Monica, to Stockdale Capital for $38.5 million.

The property at 1830 12th Street in Santa Monica.

News, Real Estate, Santa Monica

Santa Monica Apartment Property Sells For $2.2 Million

Posted Oct. 24, 2015, 8:39 am

Stepp Commercial, a leading multifamily brokerage firm in the Santa Monica market, has completed the $2.2 million sale of fully occupied, six-unit apartment property located at 1830 12th Street near Michigan Avenue in Santa Monica.

Michael Edlen has helped over 1,000 clients achieve their real estate goals since 1986.

News, Real Estate, Santa Monica, Housing

Prepare Now For The Upcoming Rainy Season

Posted Oct. 24, 2015, 8:06 am

Even though it may be difficult to imagine with the current weather conditions, the coming winter season has been forecasted to be one of heavy and long-lasting rains. While of course that will be a refreshing change from the lengthy drought we have endured the past several years, it will undoubtedly result in many challenges for local homeowners – especially those who have not prepared for possibly record-breaking amounts of water on and around their property.

Comedian Norm Macdonald's roughly 2,000-square-foot loft has two terraces and unobstructed ocean views.

News, Real Estate, Celebrity, Santa Monica

Check Out Norm Macdonald's $2.2 million Santa Monica Condo

Posted Sep. 28, 2015, 9:42 am

The "Saturday Night Live" alumn selling his Santa Monica condo with Sotheby’s International Realty.

Michael Edlen has helped over 1,000 clients achieve their real estate goals since 1986.

News, Real Estate, Santa Monica

Key Factors In Evaluating Santa Monica Properties

Posted Sep. 25, 2015, 6:00 am

It may help to understand some of the nuances that an experienced realtor takes into consideration when doing a comprehensive evaluation of a Westside home, either from a seller or potential buyer’s perspective.

The LUVE Initiative.

News, Real Estate, Santa Monica

Grassroots Campaign's Petition Seeks Voter Approval for Large Developments

Posted Sep. 19, 2015, 10:19 am

Those who support requiring voter approval of large development projects in Santa Monica are signing the e-Petition that was just launched by Residocracy, the all-volunteer, grassroots group that in 2014 mobilized residents and stopped the Hines development project at the Papermate pen plant site.

Thomas B. Elias, Columnist

Real Estate, Health, Opinion, Santa Monica

Anti-Vaxxers Threaten Freedoms Of Others

Posted Sep. 19, 2015, 10:07 am

Imagine a California where polio becomes a threat to children’s health as it was before the 1950s, when first the Salk vaccine and later the even more effective Sabin formula threw this dreaded and crippling disease and all its iron lungs into dormancy.

Newly aquired 2820 3rd St. in Santa Monica.

News, Real Estate, Santa Monica

Santa Monica Apartment Sells for $2.95 Million

Posted Sep. 19, 2015, 9:57 am

Stepp Commercial, a multifamily brokerage firm in the Santa Monica market, has completed the $2.95 million sale of fully occupied, six-unit apartment property located at 2820 3rd Street in Santa Monica.

The North of Wilshire main house features transom windows, patios, a vine-covered sleeping porch, and hardwood floors.

News, Real Estate, Celebrity, Santa Monica

Tobey McGuire Drops $2.7M on Santa Monica Mini-Compound

Posted Sep. 10, 2015, 10:06 am

"Spider-Man" star Tobey McGuire and his jewelry designer wife, Jennifer Meyer, dropped $2.68 million for a Santa Monica estate.

This week on Westside Living Host Chelsea Gilson and Michael Edlen of Coldwell Banker visit a new property that is on the market: 621 Las Palmas Ave.

News, Real Estate, Pacific Palisades

VIDEO: Westside Living – 621 Las Palmas Ave. in Pacific Palisades

Posted Sep. 1, 2015, 9:50 am

This week on Westside Living Host Chelsea Gilson and Michael Edlen of Coldwell Banker Visit a new property that is on the market: 621 Las Palmas Ave. in Pacific Palisades.

Michael Edlen has helped over 1,000 clients achieve their real estate goals since 1986.

News, Real Estate

Real Estate Report: The ABC’s Of Contingency Clauses When Selling A Home

Posted Aug. 29, 2015, 9:39 am

“I want to do a non-contingent sale.” We hear statements similar to this from time to time, and it may be helpful to take a look at different types of contingency clauses. Of course, what a statement like that generally refers to is a contingency on the sale of the buyer’s current home. While some buyers may request such a contingency, it is very uncommon in a strong seller’s market, and few sellers would be willing to accept it. There are a few other approaches that could be explored which a seller may consider and both buyers and sellers may wish to discuss these with their agent.

This property at 1405 Ocean Park Blvd. includes all one-bedroom, bungalow style units with private patios and closed at a 3.6 percent cap rate.

News, Real Estate, Santa Monica

Stepp Commercial Completes Two Apartment Property Sales In Santa Monica

Posted Aug. 20, 2015, 8:21 am

Stepp Commercial, a leading multifamily brokerage firm in the Santa Monica market, has completed two sales of fully-occupied apartment properties in Santa Monica, one of the hottest locations for multifamily properties in Los Angeles county.

The property at 1820 12th St. in Santa Monica.

News, Real Estate, Santa Monica

Six-Unit Santa Monica Apartment Property On 12th Street Sold For $2.5 Million

Posted Aug. 11, 2015, 9:53 am

Stepp Commercial, a leading multifamily brokerage firm in the Santa Monica market, has completed the $2.5 million sale of fully occupied, six-unit apartment property located at 1820 12th St. in Santa Monica.

Michael Edlen has helped over 1,000 clients achieve their real estate goals since 1986.

News, Real Estate, Santa Monica

Things People Wish They Had Known About Selling A House

Posted Aug. 1, 2015, 10:31 am

There are certain things a seller can avoid if they would like to get their home sold for the best price in the shortest time. Though no selling process is without mistakes, most are easy to avoid.

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