Welcome to Santa Monica! Home is where the heart is.

                                                          [Santa Monica Park]

 There's so much to see and do in this beautiful, seaside city.

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	Exciting Changes for Prestigious Westside Properties, Inc.
Open Now!	Our shop is located a few blocks from Third Street Promenade.

We're very excited to announce our new affiliation with a premier luxury brand from Europe, Engel & Völkers . We bring the world to Santa Monica and their properties to the world.

 

is one of the world's leading service companies specializing in the sale and rental of premium residential property, commercial real estate and yachts. There are currently more than 330 residential property shops in 25 countries operating worldwide, and we are pleased to be the first to open in the Western United States.

 

Los Angeles Real Estate consists of some of the best luxury homes in California and among the best properties in the world.

Welcome to my Web Site!

Here you will find a wide variety of useful information and resources designed to help you buy or sell a home more effectively in the Santa Monica areas. From information on the local community, to advice about finding a mortgage or preparing your home to sell, it's all available here on my web site.

You can also search for your ideal home by viewing current listings with detailed descriptions and photos. Or you can get help determining the value of your home by requesting a report that includes the prices of similar homes that recently sold or are currently for sale in the Santa Monica areas.

So whether you're buying or selling, feel free to contact me and I will be happy to help you with all your real estate needs.

 

Buyers		Sellers
Whether you're looking for your first home, your dream home or an investment property, I'm committed to providing you with the highest quality buyer service. When making the type of investment that buying a home requires, you deserve to have all the latest market information and the very best advice, both of which I can provide you with. Read more .		The decision to sell a home is often dependent on many factors. Whatever your reasons are for selling, my proven effective marketing strategies will ensure that you get the highest possible price for your home. I guarantee to provide you with professional, ethical and confidential service and keep you fully informed every step of the way. Read more .

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Santa Monica Market Trends

 

 

 

No. Bedrooms	Feb - Apr '09	y-o-y	3 months prior	1 year prior	5 years prior
1 bedroom	$450,000	-52.1%	$434,311	$939,500	$410,000
2 bedrooms	$665,000	-17.4%	$662,500	$805,000	$670,000
3 bedrooms	$1,115,000	-28.9%	$930,000	$1,569,000	$912,500
4 bedrooms	$1,339,500	+16.2%	$1,475,000	$1,152,500	$1,475,000
All properties	$728,500	-22.5%	$745,000	$939,500	$750,000

 

Santa Monica Summary

The median sales price for homes in Santa Monica CA for Feb 09 to Apr 09 was $728,500. This represents a decline of 2.2%, or $16,500, compared to the prior quarter and a decrease of 22.5% compared to the prior year. Sales prices have depreciated 2.9% over the last 5 years in Santa Monica.

 

The average listing price for Santa Monica homes for sale on Trulia was $1,873,118 for the week ending May 27, which represents a decline of 1.7%, or $33,133, compared to the prior week and a decline of 1.5%, or $28,152, compared to the week ending May 06. Average price per square foot for Santa Monica CA was $595, a decrease of 51.9% compared to the same period last year. Popular neighborhoods in Santa Monica include North of Montana, Ocean Park, Wilshire Montana, Mid-City, Sunpark, and Pico.

 

 

 

No. Bedrooms	Week ending May 27	w-o-w	Week ending May 20	Week ending May 13	Week ending May 6
1 bedroom	$2,948,460	+1.9%	$2,894,280	$2,985,683	$3,039,067
2 bedrooms	$1,085,499	-1.8%	$1,105,164	$1,101,041	$1,105,545
3 bedrooms	$1,562,807	-1.0%	$1,578,485	$1,600,802	$1,570,176
4 bedrooms	$3,441,578	+0.1%	$3,438,274	$3,491,435	$3,520,215
All properties	$1,873,118	-1.7%	$1,906,251	$1,906,728	$1,901,270

 

 

No. Bedrooms	Feb - Apr '09	y-o-y	3 months prior	1 year prior	5 years prior
1 bedroom	$633	-60.8%	$616	$1,616	$641
2 bedrooms	$563	-31.3%	$653	$820	$560
3 bedrooms	$687	-25.0%	$885	$916	$637
4 bedrooms	$615	+4.6%	$669	$588	$649
All properties	$595	-51.9%	$692	$1,237	$591

 

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Santa Monica TORCA Condominium Conversions   

Have you looked at buying a condo in Santa Monica and wondered what it means when you see TORCA Conversion listed? TORCA = Tenant Ownership Rights Charter Amendment. So What does that mean?

In 1984 Santa Monica voters approved the Tenant Ownership Rights Charter Amendment through which an apartment building could be converted to condominiums if a sufficient number of tenants approved the conversion and agreed to purchase their units. The City of Santa Monica offered shared appreciation loans to qualifying tenants to help them purchase their converted units.

Note: If the seller of the property you are looking at was an original purchaser of a TORCA property and if they utilized the shared appreciation program, it should be reflected in the Preliminary Title report and must be addressed by the listing agent and escrow officer.

Note: Protections were built in for tenants who did not wish to purchase their units, even today there are still many units with original TORCA Tenants (the listing will say Tenant Occupied by TORCA Tenant). These original tenants are protected by very strict rules under the TROCA Charter. Once a tenant moves and the unit is bought and owner-occupied the TORCA Tenant rules cease to apply.

The City of Santa Monica has new and improved TORCA Shared Appreciation Loans for low and moderate income households, to assist them to buy condominiums in buildings which have been converted under TORCA.

To find out more go to: http://www01.smgov.net/housing/TORCA.htm

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Just Listed For Lease       One of a kind Spanish pool home

One of a kind Spanish pool home. Travertine and exotic solid walnut flooring throughout. Formal entry w/bodega stack stone wall & fireplace. Grand staircase leading to second story with dramatic iron work. Custom kitchen w/wolf range, breakfast bar, center island and solid wood custom cabinetry. Formal dining room seats 12, great room has rock wall with fireplace and French doors leading to back yard oasis. Master features his & hers closets, sitting area with fireplace, and true spa bathroom.

 

Location: Encino, CA  Click here for more info on this Spanish Pool Home 

Open House: Sunday June 28 2-5pm

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Own Your Piece of Paradise  One cannot collect all the beautiful shells on the beach; one can collect only a few, and they are more beautiful if they are few. - Anne Morrow Lindbergh

OCEAN VIEWS

Experience resort style living every day in the award winning 101 Ocean complex. Spectacular views of whitewater, beach, sunsets, canyon and mountains. Step into your private glass elevator and enter your designer done beach pad. Walnut floors, recessed lighting, European spa baths and top of the line everything. Full amenity building offers ultimate privacy and security, 24 hr doorman, valet, 2 covered parking spaces, great pool and gym.

101 Ocean Ave. #E702, Santa Monica, CA, 90402

Buy or lease your next  beautiful home near the beach.  

Santa Monica

Malibu

Venice

Marina Del Rey

Santa Monica Beach Parks

 

Chess Park	Ocean Front Walk (south of SM Pier) at Seaside Terrace .29 acres 14 large tables with (4) chess boards per table 10 small tables with (1) chess board per table Reservations not required	Map
Beach Park #1	Ocean Park Boulevard and Barnard Way / at the beach 4.6 acres Picnic tables, 1 children's playground, 1,493 beach parking spaces (fee), and 2 beach restroom buildings	Map
Muscle Beach	Ocean Front Walk, south of SM Pier, on the beach Athletic equipment including rings, parallel bars, balance bar, in addition to other gymnastics apparatus Reservations not required	Map
South Beach Park	Barnard Way 1.8 acres	Map

Explore Santa Monica: Santa Monica Pier        Third Street Promenade Montana Avenue Shopping Main Street Restaurants Cultural Affairs: galleries, theaters, performance spaces

Farmer's Market Support your local community.   Santa Monica's four weekly farmers markets are widely considered to be among the best on the west coast and feature field-fresh produce, hundreds of kinds of vegetables, brilliant cut flowers, breads, cheeses, delicious foods, live music and more. WEDNESDAYS: Arizona Ave & 2nd St. 8:30am - 1:30pm. SATURDAYS: Arizona & 3rd St. 8:30am - 1:30pm and 2200 Virginia Ave 8:00am-1:00pm. SUNDAY: 2460 Main Street 9:30am-1:00pm.

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Visit our premier luxury brand from Europe

  Engel & Völkers Santa Monica