Areas:
Most of Westside L.A – Santa Monica, West L.A, Brentwood, Beverly Hills/BH adjoining, parts of Culver City, West Hollywood, Palms/Mar Vista, Marina del Rey, Pacific Palisades, Topanga and Malibu.
San Fernando Valley – Sherman Oaks, Encino, Studio City and eastern Tarzana, Calabasas, Woodland Hills.
Basically – less than 15 road miles from my husband’s work in Santa Monica – might stretch it to 20 miles for a truly spectaular house in the Malibu hills with land and a view.
House/Condo – SFH only
Price Range: $0 – $750K (although will only seriously consider the high end for abovementioned Malibu hills house). Realistically, more like $400K – $700K.
Size anything from 800 sq ft to 2500 sq ft – the proviso being that the lot square footage has to be 5 times the house sq footage (minimum being 6000 sq ft lot, no matter how small the house is). This helps to weed out very expensive houses, and recently built McMansions/Persian Palaces (of which there are a tragic overabundnace here in L.A)
Currently laughing hollowly at the listings on ZipRealty every day, with no intention of spending one red cent until prices come down to 1999 levels – with 5% compound interest per annum.
In other words, what prices should be here, not the delusional ones that seem to be a specialty of the L.A market.
We’re living in a great rental, with non-FB landlords, who are happy to give us a month-to-month, yearly or two-yearly agreement. We’ll stay here (and our landlords are happy to have us here) until the housing market gets real.
