Buying a House – Renting vs Buying

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Affordability is not a significant issue when buying a house.

Supply of houses for sale has barely kept pace with demand, and inventory of new or existing houses for sale shrunk down to only a four-month supply ading to price pressures. Also, adding to price pressure is home mortgage interest rate, which remain close to 4%.

Although prices are going up and inventory is scarce, because of low interest rates and an increasing job market and increasing wages, house buying affordability is nowhere near challenging times.

The percentage of income needed to afford a median rent historically was 25.8%. Right now, we’re over 29%, much higher than historic numbers. But if we look at buying a house, the percentage of income needed to purchase a median-price house historically is about 21%. Today, we’re still lower at 15.8%, well below historic numbers. The percentage of income that a family needs to buy a house is less than historical numbers.

Part of the reason for is that the 30-year fixed interest rate from Freddie Mac is lower causing more and more home renters, who are seeing their rent increase, to go ahead and buy their  first house and spend less than they would on rent. Today, we’re seeing more and more renters turning into home shoppers.

 

The cost of renting vs. buying a house

 

TransUnion reported that the share of renters buying a home has gone up from 45% in the first quarter of 2015 to 50% in the first quarter of 2016, and up to 55% in the first quarter of 2017.

 

Share of renters buying a house

 

Rents increasing, home mortgage availability getting easier, and interest rates staying low, are reasons for  renters to buy a house. If you are a prospective home buyer who is ready and willing to act now, but are not sure if you are able to or woule like to know more about available homes for sale in Woodland Hills, West Hills, Chatsworth, Canoga Park, Tarzana, Encino, Lake Balboa, Van Nuys, North Hills or any other San Fernando Valley or Santa Clarita Valley real estate, please contact the real estate professional  agents at HelpUSell Real Estate, Southland Realty, today at (818) 997-1000.

 


 

Buying a house? Search houses for sale here, we have complete Multiple Listing Service (MLS) of residential houses for sale in Lake Balboa, Van Nuys, Reseda, Woodland Hills, Chatsworth, Canoga Park, Warner Center, Tarzana, Encino, or any other Los Angeles, San Fernando Valley and Santa Clarita Valley area real estate.

 

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5224 Zelzah Ave Avenue Unit 308 Encino, CA 91316

$699,000 - 3Br/4Ba -  for Sale in Not Applicable-enc, Encino
New
$699,000
3 Beds
3.5 Baths
1,538 SqFt
Status Active
MLS # 317007355
Property Type Condominium
A desirable condominium located in Encino, in gated complex with great amenities with 1,829 sqft., 3 bedrooms and 3 Bathrooms featuring. Living room and dining room with fireplace and view balcony. Huge master bed with fireplace and walking closet and master bathroom. Big kitchen with separate Landry room. Loft is the third bedroom with closet and bathroom which gets you to rooftop, can used as patio. Building complex included gym workouts, pool, spa, recreation room and elevator.

6052 El Escorpion Road Woodland Hills, CA 91367

$849,000 - 4Br/3Ba -  for Sale in Woodland Hills
Open House
New
$849,000
4 Beds
2.5 Baths
2,105 SqFt
Status Active
MLS # SR17261988
Property Type Single Family Residence
This Newly upgraded Traditional home on El Escorpion Rd in Woodland Hills on an oversized 15.964 lot won't last long! Home has been upgraded from top to bottom. Including a new open concept kitchen with new Quartz counter tops, new cabinetry, and stainless steel appliances. Included appliances are a stove, dishwasher, and microwave. Freshly painted walls and newly installed hardwood floors throughout the home. The bathrooms also include new Quartz counter tops, new cabinetry, and new tile flooring. The open well lite living space includes a beautiful stone fireplace. Spacious bedrooms flooring are also hardwood floors and come with mirrored closet doors. Master bedroom includes vanity and mirrored closet door which leads to master bath. Just off the master bedroom is a side room which opens to the backyard. The roof and the Central AC are also new. Large open spacious backyard with great opportunity for upgrading.

7021 Lasaine Avenue Lake Balboa, CA 91406

$585,000 - 3Br/2Ba -  for Sale in Lake Balboa
New
$585,000
3 Beds
2 Baths
1,614 SqFt
Status Active
MLS # SB17251954
Property Type Single Family Residence
Home for the Holidays! This lovely home is located on a beautiful tree lined street in one of the best neighborhoods in the area. This is the first time this home has been on the market and available since 1979, it has been lovingly owned & maintained by one family since then. Extra large driveway, with lots of parking, nice garage and welcoming front patio. This is a very well maintained and clean home, as you walk in there is a hallway that takes you to the kitchen, living area and also to the 3 spacious bedrooms & 2 bathrooms on the opposite side of the house. The 2 bathrooms, one with a tub & shower & the other with a shower, both have cabinet space under the sinks and one has a linen closet as well. The eat-in kitchen has a beautiful new stove and refrigerator, and looks onto the living room and a large den, making this home perfect for the Holidays! A large back yard & side yards give you lots of space for a garden and kids to play. Conveniently located near freeways and public transportation, (Orange Line), just minutes away from Lake Balboa Park, Encino Municipal Golf Course, and the Sepulveda River Basin. Find yourself in the ideal location to enjoy all what Los Angeles has to offer! This home really does have it all! Just needs your touch...what are you waiting for?

15747 Haynes Street Van Nuys, CA 91406

$660,000 - 3Br/2Ba -  for Sale in Van Nuys
New
$660,000
3 Beds
2 Baths
1,644 SqFt
Status Active
MLS # SR17262443
Property Type Single Family Residence
This is a stunning Remodeled 3 bedroom 2 bath Family Home. Home has been Updated with All new flooring, Paint and Kitchen Cabinets. Bathrooms have been completely remodeled and master bath features a large walk in Shower. Kitchen has brand new Carrera marble counter tops and stainless steel appliances. Home is a must see. Wont Last.

8122 Sunnybrae Avenue Winnetka, CA 91306

$589,000 - 4Br/2Ba -  for Sale in Winnetka
Open House
New
$589,000
4 Beds
2 Baths
1,522 SqFt
Status Active
MLS # SR17261746
Property Type Single Family Residence
This 4 bedroom 2 bath pool home located in Winnetka features wood floors, living room with gas fireplace, dining area, kitchen with breakfast area, den that leads out to backyard with pool and covered patio, one bedroom has a walk in closet. Additional features include central air and heat, copper plumbing, tankless water heater, 2 car garage, concrete driveway with brick and more.

18410 Cantara Street Unit 1 Reseda, CA 91335

$419,999 - 4Br/3Ba -  for Sale in Reseda
New
$419,999
4 Beds
2.5 Baths
1,675 SqFt
Status Active
MLS # SR17262247
Property Type Townhouse
Top to bottom, tastefully remodeled, corner townhome!!! Be the first to move in and call this newly renovated townhome “home sweet home!” Featuring a new kitchen, new bathrooms, new flooring, new stainless steel appliances, quartz countertops accented with subway tile backsplash, and much much more!!! The gated community features three pools, playground area, rec. room with pool tables, and plenty of guest parking!!!

24574 Overland Drive Los Angeles, CA 91304

$829,950 - 5Br/4Ba -  for Sale in Los Angeles
New
$829,950
5 Beds
3.5 Baths
3,085 SqFt
Status Active
MLS # SR17262265
Property Type Single Family Residence
Fix and save! Amazing value in desirable Stone Gate! 3085 sqft with 5 bedrooms / 3.5 bathrooms. Winding walkway leads to the covered front porch and double door entry. Open floorplan that boasts a true formal dining room, living room, separate family room open to the 2nd story with large picture windows allowing ample light. Wood floors. Open eat in kitchen with center island and large walk in panty. One bed/bath conveniently located downstairs and also a separate den which could be the 6th bedroom or perfect spot for a private office. Upstairs you will find a large master suite with private balcony overlooking the San Fernando Valley. Amazing Views!! Walk in closet and master bath with dual sinks and separate tub and shower. There are 3 additional bedrooms upstairs that share a hall bath. All this with spectacular views. Award winning El Camino SD. 3 car garage. Dual pane windows. Yes, it needs some TLC but it is priced accordingly. Recently appraised at $920,000

5530 Owensmouth Avenue Unit 316 Woodland Hills, CA 91367

$349,999 - 1Br/1Ba -  for Sale in Woodland Hills
Open House
New
$349,999
1 Bed
1 Bath
740 SqFt
Status Active
MLS # SR17262192
Property Type Condominium
FHA/VA Approved!! A truly rare offering of this top floor 1 bedroom with Loft model showcases a private setting and tranquil courtyard views. From the moment you enter you will notice the open and flowing floor plan with soaring ceilings which provide an abundance of natural light. The loft which features a closet is perfect for a home office, den or guest room. Upgraded finishes include: stainless steel appliances, granite counter tops, fresh paint, new carpets, ceiling fan, tile flooring, newer air conditioning system and water heater, convenient location close to elevator and 2 car covered parking. Outside, you will find the private balcony offers the perfect space to have an intimate dinner for two basking in the beautiful year-round weather that Woodland Hills has to offer. Now is the time to take advantage of this great value and enjoy the Westfield Village and amenities that Warner Center has to offer. The Met, situated in the highly prestigious Warner Center, is an exclusive, guard-gated community spread across 26 acres of verdant grounds. The community consists of resort-style amenities including four pools, state of the art fitness center, six fully lit North/South tennis courts, children's playground, expansive poolside deck, indoor basketball court and racquetball court all while being minutes to local shopping, dining and entertainment in the heart of the San Fernando Valley. A true getaway that you can call home.

23820 Calvert Street Woodland Hills, CA 91367

$925,000 - 4Br/3Ba -  for Sale in Woodland Hills
Open House
New
$925,000
4 Beds
2.5 Baths
2,198 SqFt
Status Active
MLS # SR17259583
Property Type Single Family Residence
Motivated seller! Welcome home to this beautiful 4+2.5 single story Woodland Hills home. Wait until you see this kitchen, brand new granite countertops including a 7ft island, gorgeous subway tile backsplash, new appliances including double oven. Family room with fireplace, formal dining room/second family room with wet bar and guest powder room, 4 nice sized bedrooms with en-suite master bath. Stone tile floors and recessed lighting throughout common areas giving this home a bright and modern feel. Updated wiring throughout as well as many upgrades, the backyard includes a custom fire pit, pool, and spa perfect for a hot summer day. The 2 car garage has been used for an in-home gym (not converted) but does have air-conditioning. Fantastic neighborhood, close to great shopping, and some of the best schools in Los Angeles Unified. Please note that since these photos were taken 11-14-17, the seller has decided to paint all four bedrooms a neutral grey color, scrape the ceiling in the master bedroom, paint the hallway bathroom to match the common areas of the home.

17546 Chase Street Northridge, CA 91325

$869,000 - 4Br/3Ba -  for Sale in Northridge
Open House
New
$869,000
4 Beds
3 Baths
2,403 SqFt
Status Active
MLS # BB17261401
Property Type Single Family Residence
Spectacular ranch-style home on a 1/2 acre gated lot! Situated on a quiet street, this large property is perfect for entertaining family and friends. As you enter through your gated circular driveway you also have a two car garage and additional bonus room of 400 sq ft. As you enter this amazing home you're flooded with natural light from the abundance of windows and big sliders that fill the living room with warmth. 2 Brick fireplaces and original Oak hardwood floors make for cozy living. Through the windows and sliding doors you get a sense of an open feel to gorgeous views of the backyard and breathtaking Salt Water Pool. The kitchen has been updated with new granite counter tops, and SS appliances. Adjacent to the kitchen is a bonus room, Perfect for family meals or office area. Next you have a large spacious family room for celebrations or game night! The spacious master suite, which features a another sliding door to the backyard, private bath and huge walk-in closet as well as two more closets will make you feel right at home. There are two other bedrooms that are located on the opposite end of the home and share an updated bathroom and the forth bedroom that has its own entrance so guests can come and go as they please without disturbing anyone. Massive backyard has glistening pool surrounded by large patio area, plus enough open space for a family football match.

7251 Paso Robles Avenue Lake Balboa, CA 91406

$599,000 - 3Br/4Ba -  for Sale in Other (othr), Lake Balboa
Open House
New
$599,000
3 Beds
3.5 Baths
1,902 SqFt
Status Active
MLS # SR17261427
Property Type Single Family Residence
BEAUTIFUL AND REMODELED, LIGHT AND BRIGHT 2-STORY HOME LOCATED ON A QUIET CUL-DE-SAC IN LAKE BALBOA. BUILT IN 1978, THIS LOVELY 3 BEDROOM HOME ON A CORNER LOT BOASTS BRAND NEW INTERIOR PAINT, BRAND NEW SOD IN THE FRONT AND BACKYARD, AND BRAND NEW CARPET. THE KITCHEN IS SPACIOUS AND OPENS TO A FAMILY ROOM WITH A FIREPLACE AND WET BAR. THE LARGE MASTER BEDROOM HAS A WALK-IN CLOSET AND PRIVATE BATHROOM. ADDITIONAL FEATURES INCLUDE FORMAL DINING ROOM, HUGE LIVING ROOM WITH LARGE WINDOWS, FRENCH DOORS AND RECESSED LIGHTING THROUGHOUT, AND ATTACHED DIRECT ACCESS GARAGE. THERE IS ALSO A BONUS ROOM WITH IT’S OWN BATHROOM. ENJOY THE HUGE WRAP-AROUND GRASSY YARD WITH ABOVE GROUND SPA, MATURE TREES AND NEW LANDSCAPING. REFRIGERATOR + WASHER/DRYER INCLUDED ARE INLCUDED! DON’T MISS THIS AMAZING HOME IN A GREAT AREA!

6909 Langdon Avenue Van Nuys, CA 91406

$738,000 - 4Br/3Ba -  for Sale in Van Nuys
New
$738,000
4 Beds
3 Baths
1,906 SqFt
Status Active
MLS # CV17261618
Property Type Single Family Residence
A great opportunity to own one of the new remodeled home!!! Upgraded with a perfect move in condition!!Beautiful New Roof ! New Paint for Interior and Exterior ! New A/C System! New Flooring! New Kitchen and Bathroom! This Beautiful Contemporary home is located in the city, though away from the main street which makes it VERY quiet & relaxing. Large living room is enhanced with a warm and cozy brick fireplace and beamed ceilings. It's opened to the dining and family room. Dream kitchen with Brand New stainless steel appliances, a beautiful breakfast bar, custom cabinetry, quartz counter tops, and beautiful tile work. Everything is brand NEW! Just off the kitchen is a separate laundry room. Family room has a sliding door leads to entertainer's backyard outside to the ideal sized yard with cement slab and grassy area. There are 2 master bedrooms in this house. Both master bedroom suite has large closet and private bathroom. Two other rooms has extra large closets and share a full size bathroom. Great location close to transportation – Metro, Buses, 170/5/101/134/405/118 freeways & minutes to Lake Balboa & Woodley Park, Pierce College, LA Valley College, CSUN, Sherman Oaks Fashion Square, Topanga Mall, Burbank Airport. Walking distance to stores, restaurants. Must see! Won't last long!!

7329 Woodvale Court West Hills, CA 91307

$699,000 - 3Br/3Ba -  for Sale in West Hills
New
$699,000
3 Beds
3 Baths
1,970 SqFt
Status Active
MLS # SR17261432
Property Type Single Family Residence
Come see this exceptional 2-story traditional style residence located in the desirable neighborhood of West Hills. This property features approx. 2,000 sq. ft. of living space, 3 bedrooms & 3 baths. Inside this home you will enjoy the family room with cozy fireplace as well as a sliding door for direct access to the back yard & separate formal dining area. As you move towards the kitchen you will enjoy the dark wood cabinets, abundance of space, open floorplan with views of the backyard. All bedrooms are conveniently located upstairs: Master Bedroom features high ceilings, tons of light and attached large bath with his and hers sink and large shower in tub. The other additional bedrooms feature large closets as well as ceiling fans, lastly you will have the additional bathroom that feature tile floors, dual sinks and shower in tub. Outside you will be able to enjoy the partially covered patio and sparkling pool with the privacy given by the large trees and bushes surrounding the backyard. Lastly this home offers an attached 3 car garage along with a separate laundry room.

7800 Topanga Canyon Boulevard Unit 212 Canoga Park, CA 91304

$319,900 - 2Br/2Ba -  for Sale in Canoga Park
New
$319,900
2 Beds
2 Baths
1,036 SqFt
Status Active
MLS # SR17261493
Property Type Condominium
Incredible opportunity in a highly desired and updated building! Here is an end-unit 2 bedroom and 2 bath light, bright and stylish condo located near the back of the complex with peek-a-boo views of the lush grounds and community pool/spa. Wood laminate flooring throughout, updated kitchen with free-standing oven, dishwasher, trash compactor and more. Living room with fireplace and a perfect balcony which can be accessed either from living room or master bedroom sliders. Large and spacious unit with 1,036 square feet of living space, central A/C and best of all in-unit laundry! Fitness and/or sports enthusiasts can enjoy a game of tennis or hoops and a one car enclosed garage with opener plus a tandem covered carport space are assigned to the unit make this unit is a must while it lasts!

7923 Moorcroft Avenue Canoga Park, CA 91304

$550,000 - 3Br/2Ba -  for Sale in Canoga Park
New
$550,000
3 Beds
2 Baths
1,349 SqFt
Status Active
MLS # 17290010
Property Type Single Family Residence
Clean, well maintained move-in ready 1958 ranch house on cul-de-sac. 3 bed/1 3/4 bath, plus bonus family/dining room. Original hardwood floors throughout. Tile in kitchen, linoleum in baths, vintage tub/tile in full bath. Eat-in kitchen with original gingerbread cabinets, barely used stovetop, double ovens, microwave and dishwasher. Gas insert in fireplace. Central air/heat. Copper plumbing, lined sewer line to street. Tons of interior storage. Attached 2-car garage, automatic garage door, automatic sprinkler system. Washer/dryer hook-ups in garage. Mature landscaping. Spacious backyard with covered patio. Directly across from Christopher Columbus Magnet Middle School. Between Topanga Canyon and Shoup, Roscoe and Saticoy. Close to shopping/restaurants. Borders West Hills. Owner will pay for 1 Year Home Warranty and current gardener for 1 year after closing.

6943 White Oak Avenue Reseda, CA 91335

$485,000 - 2Br/1Ba -  for Sale in Not Applicable - 1007242, Reseda
New
$485,000
2 Beds
1 Bath
1,218 SqFt
Status Active
MLS # 217013811
Property Type Single Family Residence
First time on the market in over 40 years. This home is situated nicely on the lot in a way to provide privacy and functionality. A detached garage with breezeway to the home also has ample behind the gate parking for several vehicles. The home has been updated nicely over the years and features recently updated bath and kitchen. A large step down add on was permitted by the previous owner and adds ample living space.

19350 Sherman Way Unit 336 Reseda, CA 91335

$225,000 - 1Br/1Ba -  for Sale in Reseda
New
$225,000
1 Bed
1 Bath
619 SqFt
Status Active
MLS # SR17258737
Property Type Condominium
Great Location. Top unit in Sherman Court Building. Bight and cozy unit with all of natural light. Living room with fire place and balcony; with courtyard view. Brand new carpet.and Paint. Kitchen has Brand new dish washer, range and microwave. Brand new stackable washer and dryer in unit. And Brand New window treatments. Refrigerator as its without warranty from seller. Complex has pool, gym, recreation room and guest parking. Unit has 2 car tandem subterranean parking in lobby level (#1316). Storage area in parking level. 1031 Exchange at no cost to buyer

20247 Parthenia Street Winnetka, CA 91306

$569,900 - 4Br/2Ba -  for Sale in Winnetka
Open House
New
$569,900
4 Beds
2 Baths
1,570 SqFt
Status Active
MLS # SR17260658
Property Type Single Family Residence
Honey stop the car! Charming single story-Pool house nestled in a desirable neighborhood of Winnetka! This property sits on a 8,639 square foot lot,the house has over 1,500 sqft. Features 4 bedrooms, 2 bathrooms, Master Ba with a jacuzzi tub, spacious backyard with sparkling pool perfect for entertaining,cover patio, Central A/C & Heating, fireplace, hardwood floors, recessed lights throughout,2 car garage detached, RV access and conveniently located. let's sell it. Please see Agents remarks for more details.

19159 Rosita Street Tarzana, CA 91356

$2,450,000 - 6Br/5Ba -  for Sale in Custom - Cust, Tarzana
New
$2,450,000
6 Beds
5 Baths
4,469 SqFt
Status Active
MLS # 217013816
Property Type Single Family Residence
Storybook estate in the heart of Tarzana! This one of kind over half acre estate features 6 bedrooms and 5 bathrooms including a 1,000 sq ft detached quest house. The upstairs master bedroom features a massive walk-in closet, exquisitely remodel master bath and separate office with extra bathroom. Downstairs boosts a specious kitchen with dining nook, vaulted ceilings crown the dining room, living room and family with a separate bar. Maid quarters accompany downstairs bedrooms. Incredible architecture and workmanship are found throughout entire home. The secluded backyard features a spectacular tiled pool with pool house and yard. Attached garage with circular driveway complete the home.

8020 Langdon Avenue Unit 207 Van Nuys, CA 91406

$289,000 - 2Br/2Ba -  for Sale in Van Nuys
New
$289,000
2 Beds
2 Baths
1,075 SqFt
Status Active
MLS # SR17260763
Property Type Condominium
Top Floor single story 2bed/2ba light-filled and spacious nearly Sqft 1,100. Awesome first time buyer chance why rent when you can buy this condo. Fireplace in living room, new kitchen counters and newer appliances. The Kitchen opens to light and bright dining area. The two bedrooms have new carpet, master features high vaulted ceilings. Both bedrooms have bath, ideal for room mates as well. Laundry side by side in unit, freshly painted and new carpet flooring, 2 car subterranean parking in a garden community with sparkling pool. The community is located close to the 405 and Sepulveda but tucked away from any major street. Great investment condo with low monthly dues.

7806 Shoup Avenue Canoga Park, CA 91304

$589,990 - 4Br/2Ba -  for Sale in Canoga Park
New
$589,990
4 Beds
2 Baths
1,570 SqFt
Status Active
MLS # IG17258032
Property Type Single Family Residence
Spacious & Charming Pool Home! This Traditional 4 bedroom, 2 bathroom home is almost 1600 SqFt with a lot size of 7356 sq ft and offers offers charm and comfort. As you enter the home there is a speciose family room w/ a nice fireplace and wood floors that leads to the open kitchen that has granite counter tops, tiled floors, new stainless steel appliances, new fixtures and offers nice vies of the back yard and pool. In addition there is a dinning area off the kitchen. Down the hall way you will find a master bedroom w/ a master bathroom that has new quartz counter tops, tiled floors and a tiled shower. Beyond that you will find the 3 additional bedrooms, laundry area and hall bathroom that has new quartz counter tops, tiled shower/ tub combo. All bedrooms have wood floors and there is new interior paint through out. Out back there is a covered patio with sparkling pool, yard area and a 2 car detached garage! The front yard has new sod, plants and has great curb appeal. In addition the home offers solar. Located in a very desirable area of Canoga Park, close to the Topanga Westfield Mall and The Village. Must see!

18038 Karen Drive Encino, CA 91316

$3,000,000 - 5Br/7Ba -  for Sale in Encino
New
$3,000,000
5 Beds
7 Baths
4,843 SqFt
Status Active
MLS # SR17258199
Property Type Single Family Residence
Gated Mediterranean Estate with private driveway and amazing panoramic views. Located south of the Blvd in Encino. Outstanding features include endless doors and windows inviting the natural light. Formal dining and living room with high ceilings and fireplace. Remodeled gourmet kitchen with professional Viking and Sub-Zero appliances leads into a warm family room, large bar area, and fireplace. This home boast 5 bedrooms + bonus room. Guest bedroom and bonus room on the first floor, with 4 other bedrooms upstairs, including the Master Suite. The bonus room has a private entrance on the main floor. Master suite with amazing views, balcony, fireplace and two walk-in closets. This property is truly an entertainer's paradise with the indoor-outdoor living. The outdoor spaces are the ultimate for the California lifestyle, featuring peaceful Zen-like atmosphere, a firepit with seating area, sparkling pool with waterfalls, in water seating area and spa, and large BBQ section. The lush lawns set against breathtaking city views will make you feel like you're in a private resort. Gated driveway offers plenty of parking beside the 2 car garage. Here is a unique and incredible opportunity to tailor and personalize this fantastic home. Bring your designer and contractor to see the endless potential, or enjoy it as is. An estate of such distinction with 26,254 SQFT lot is rare to find on the market.

18860 Ringling Street Tarzana, CA 91356

$2,795,000 - 6Br/6Ba -  for Sale in Tarzana
New
$2,795,000
6 Beds
6 Baths
5,650 SqFt
Status Active
MLS # SR17260993
Property Type Single Family Residence
This spectacular Santa Barbara style gated estate is located on almost half an acre. From the Motor Court with fountain to the resort style grounds this is a one of a kind. Luxurious hotel style living with a layout that is sure to please & with so much flexibility, The 2 story grand entry welcomes you to this home with large scale features and unique architectural details throughout. The light filled interiors w/a light color palette and free flowing arrangement allows a wide range of lifestyle and entertaining options. The main level contains formal living, library/bar, elegant formal dining, huge gourmet chefs kitchen w/top of the line Miele appliances, gigantic center island and a walk in pantry an adjacent family room, 2 guest rooms/office/nanny/maids & 2 luxurious bathrooms. Up the grand circular staircase is another family room/playroom as well as a sumptuous master suite with elegant bath & huge walk in closet & private terrace overlooking the grounds & the pool. In addition upstairs are 3 additional very large bedrooms with en suite baths & walk in closets as well as large laundry room. The outdoors features a beautiful swimmers pool with a waterfall that cascades into the gleaming waters. There is a poolside cabana with outdoor barbecue kitchen that is perfect for year round use. The grounds also feature space for a sports court and much additional area for the car collector & other. This homes features all of the amenities one would expect to live in style.

23454 Ladrillo Street Woodland Hills, CA 91367

$899,000 - 4Br/3Ba -  for Sale in Woodland Hills
New
$899,000
4 Beds
3 Baths
2,577 SqFt
Status Active
MLS # 17290752
Property Type Single Family Residence
SUBJECT TO BANKRUPTCY COURT APPROVAL.PROPERTY TO BE SOLD IN AS-IS CONDITION. THIS HOME HAS FANTASTIC CURB APPEAL AND GREAT CHARM LOCATED ON A GREAT SIZE LOT GREAT FRONTAGE AND LARGE REAR YARD WITH GREAT SIZE POOL GRASS AREA AND COVERED PATIO!THIS HOME FEATURES: FORMAL ENTRY LEADS TO GREAT SIZE OPEN KITCHEN /FAMILY ROOM WITH COZY FIREPLACE;LEADS TO GENEROUS SIZE LIVING ROOM THAT OPENS TO AND LOOKS OUT ON REAR YARD WITH POOL AND PATIO;ENTERTAINERS DELIGHT. ALL BEDROOMS GREAT SIZE!THIS HOME IS ABSOLUTELY CHARMING . GREAT MASTER SUITE, ALL BEDROOMS VERY GOOD SIZE. THIS PROPERTY IS A MUST SEE.

7211 Cozycroft Avenue Unit 11 Winnetka, CA 91306

$215,000 - 1Br/1Ba -  for Sale in Winnetka
New
$215,000
1 Bed
1 Bath
585 SqFt
Status Active
MLS # SR17260718
Property Type Condominium
WHY RENT!!! Light and Bright wonderful unit in Gated Secured Condo complex. One of the best locations within the complex with huge patio. First floor unit with beautiful newer flooring, living room with cozy fireplace open to the kitchen with high ceilings. Sliding glass doors lead you to a very private entertainers patio with privacy, yet close to the big open pool area with spa and lounge furniture to enjoy the hot summer days in a resort like style. Central air and Heat, newer light fixture, newer window treatments. Large bedroom with walk-in closet, bathroom with tub and shower and newer light fixture. The complex has a pool, spa, laundry room, large recreational room for meetings and celebrations. The unit has 2 parking spots and additional storage area. This is a unique opportunity.

18958 Sherman Way Unit 19 Reseda, CA 91335

$365,900 - 2Br/3Ba -  for Sale in Reseda
New
$365,900
2 Beds
2.5 Baths
1,250 SqFt
Status Active
MLS # SR17260737
Property Type Townhouse
This great end unit townhome features 2 bedrooms, 3 baths, and approx 1,250 sq.ft of updated living space. A spacious living room boasts laminate flooring with a gas burning fireplace, its own balcony & guest bath, an updated roomy kitchen which opens to a cozy dining area, and 2 sizable bedrooms each with their own baths (master with its own balcony as well) on the second floor. An attached 2 car direct entrance garage hosts the laundry area with washer/dryer hookups. Located within a smaller gated community, complete with pool, spa, & guest parking, this might be just be what you have been looking for! Conveniently located near the 101 freeway, minutes away from shopping centers, markets, fashion districts, entertainment, restaurants, schools and much more.

24303 Woolsey Unit 10 West Hills, CA 91304

$135,000
3 Beds
2 Baths
1,440 SqFt
Status Active
MLS # 17290572
Property Type Manufacture 433
If it were just the views, that would be enough, but this house has so much more. This home just Oozes with charm from the moment you step in front of it. Enjoy this Silvercrest Manufactured Home, peaceful serenity overlooking the SFV in West Hills, high above the noise and hubbub, just you in nature with the hummingbirds and hawks. Private, Gated Community, nestled up in the mountains in a very scenic setting, very tranquil and lovely. Spectacular and  Breathtaking views from inside the Home, and from the spacious deck areas outside. Home includes, 3 BR, 2BA (office can be 3rd BR), Dining area off kitchen, a large laundry room and storage space.  Kitchen has spacious cabinets with nice tiled counter tops. Pitched ceilings in living room, extensive use of crown moldings & wainscoting on walls and ceilings. The master bath has a tub and separate shower, double sinks with nicely tiled countertop. Two large outdoor secure storage spaces on premises. Property is subject to land rent.

16735 Vanowen Street Van Nuys, CA 91406

$359,000
2 Beds
2 Baths
1,033 SqFt
Status Active
MLS # SR17260641
Property Type Condominium
MUST SEE!!! A GREAT DEAL ON THIS CHARMING, EXTENSEVLY RENOVATED 2 BEDROOM 2 BATH TOWNHOUSE WITH 2 CAR ATTACHED GARAGE LOCATED IN LAKE BALBOA AREA. MAIN FLOOR HAS LIVING/DINING AREA WITH BEAUTIFUL WOOD FLOORING, RECESSED LED LIGHTING AND REMODELED BATH WITH TILE FLOORING. OPEN KITCHEN INCLUDES MODERN STAINLESS STEEL APPLIANCES, NEW CABINETS WITH QUARTZ COUNTER TOPS, DUAL PANE WINDOWS. FOR YOUR PRIVATE ENTERTAINING, ENJOY THE REMOTE CONTROLLED AWNING COVERED PATIO WITH NEW CONCRETE FLOOR. TANK LESS WATER HEATER INCLUDED. SECOND FLOOR BEDROOMS ENJOY HIGH CEILINGS WITH MAIN BATHROOM AND WALK IN CLOSET. ENJOY THE HEATED POOL AMENITIES - SPA, DRY SAUNA! IN PROXIMITY TO LAKE BALBOA AND PARK.

7854 De Soto Avenue Canoga Park, CA 91304

$525,000
3 Beds
2 Baths
1,354 SqFt
Status Active
MLS # SR17259744
Property Type Single Family Residence
Great value in central location. Good curb appeal with drought tolerant landscaping leads to the covered front porch. Inside you will find a tiled entry that opens to the bright living room with vaulted ceilings, hardwood floors and fireplace. Fresh interior paint. Sliding glass doors open to the backyard. Eat in Kitchen is updated with tile floor and granite counters and breakfast bar. Adjacent indoor laundry room with ample cabinets and laundry sink. Large rear yard, detached 2 car garage and gated RV access. Spacious outdoor patio ideal for entertaining. Great opportunity for SB 1069 to add a 2nd structure/guest house (buyer to verify).

20822 Bryant Street Winnetka, CA 91306

$650,000
3 Beds
3 Baths
2,171 SqFt
Status Active
MLS # SR17260012
Property Type Single Family Residence
BEAUTIFULLY APPOINTED AND UPGRADED HOME. READY TO MOVE IN. NEW MILGARD DOUBLE PANE WINDOWS. GREAT SPACIOUS KITCHEN WITH LATEST CABINETRY AND GRANITE COUNTERS MODERN APPLIANCES AND MORE. LIVING ROOM AND DINING ROOM OPEN TO KITCHEN. PRIVATE LOW MAINTENANCE YARD SECURED FOR FIDO. UPSTAIRS HAS 3 LOVELY SPACIOUS BEDROOMS PLUS A DEN (OR FOURTH BEDROOM) MASTER SUITE WITH HUGE BATHROOM. SECOND BATHROOM ON THIS LEVEL AS WELL AS LAUNDRY AREA ENCLOSED AND CONVENIENTLY PLACED FOR EASY ACCESS. NO NEED TO CARRY LAUNDRY UP AND DOWN STAIRS. GREAT NEIGHBORHOOD WITH ADEQUATE PARKING AND GREAT STORAGE AREA ADJOINING GARAGE. A WONDERFUL COMFORTABLE BEAUTIFULLY APPOINTED HOME.

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