Incredible Opportunity With Views In Sherman Oaks

This almost 3,500 sq. ft property with incredible views represents a great opportunity for either a buyer looking to create their dream house, or an investor looking to fix and flip the property. Located high up in the hills of Sherman Oaks with easy access to the Westside or Hollywood this home is being sold by it's original owner and is the first time ever on the market. The listing has limited pictures, but does mention that it has a great entertainer's open floor plan and pool. With other properties on this street currently on the market at $1.5M and almost $1.7M, this listing is clearly an opportunity to be taken advantage of.

4086 Cody Road, Sherman Oaks

$829,000 (Reduced from $879,000) 4 Bed 3 Bath 3,455 Sq. Ft 7,520 Sq. Ft Lot

Listing and Pictures Courtesy of Michele Lipkin - Coldwell Banker HP South

I believe there are tremendous potential lying in several of these mid-century original homes in the hills of Sherman Oaks. They all seem to have the nice open floor plans, pools, and incredible views. Also, there is a very limited supply of redone homes done by real designers in this area, which means a savvy investor may be able to command top dollar when it comes time to resell the home. If you would like to see this fine home, or discuss other opportunities in the area, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

One of Best High Schools in Los Angeles May Get Even Better

My Listing in West Hills

I have a listing in West Hills, which happens to be in a fantastic school district that includes El Camino Real High School. This high school has won five out of the last ten National Academic Decathalons, as well as many titles in various sports. I wanted to repost this article from the Daily News yesterday, which discusses the move of El Camino becoming a charter school. If you have children this is definitely a great neighborhood for them to get a great education. My listing has six bedrooms, 3 baths, and an entertainer's dream backyard with a large pool and hot tub. It is being offered at $645,000. You can see a detailed tour of this fine property here.

DAILY NEWS ON 12/14/10

EL CAMINO REAL SET TO BECOME CHARTER CAMPUS - EDUCATION: Move being made to get acclaimed Woodland Hills high school more funding, flexibiility.

El Camino Real High School - a powerhouse both academically and athletically - is poised to become the latest campus to break away from Los Angeles Unified.

With overwhelming support from its teachers and staff, the Woodland Hills campus is slated to present its charter petition today to the Board of Education, the first step to becoming an independently run, publicly funded campus. Charter proponents noted that El Camino locate in a well-to-do neighborhood in the West San Fernando Valley, fails to qualify for many of the state and federal grants awarded needier schools.

El Camino also has faced devastating budget cuts, which have threatened the school's academic and athletic programs. We just had to find another solution, said Shukla Sarkar, who has worked 25 years as a teacher and instructional coach at El Camino and sits on the school's charter committee. Sarkar said 86% of the school's staff supports the plan to convert El Camino to a charter campus. "This was a teacher-drive effort that was done with the best interest of our students in mind," she said.

School board member, Tamar Galatzan, who represents the area, said she will be disappointed to see the 41 year old school leave the district next fall. "Superintendent Ramon Cortines and I have been working with their key staff to see what we could get them." Galatzan said, but when it came down to it, this was a matter of money. "They are doing what they need to do to be able to survive and thrive as a public high school and maintain the programs they have become so recognized for."

Teams from El Camino have won the National Academic Decathalon six times - more than any other campus in the nation - its achievement displayed on banners in front of the school on Valley Circle Blvd. It also is a LAUSD'S highest performing comprehensive high school, scorirng 798 on the state's Academic Performance Index which uses student test scores to rank schools on a range of 200 to 1,000. Athletics programs have also thrived at the school which have won City section titls in softball, soccer and baseball.

El Camino is the latest school in the SFValley to convert to a charter, following on the heels of Carpenter and Colfax Elementary and Birmingham and Granada high schools.

Charter status will give El Camino a bigger chunk of state money, as well as more flexibility to spend it, since it will be free from many of the state district mandates. Some of those programs for instance require money to be spent on low-income and minority students.

Galatzan said the autonomy may encourage other suburban schools to propose charter status. "I am disappoined that because of the way education is funded in California and nationally right now, this is the only way for this school to continue educating it students," she said.

In its 90 page charter position, to be considered today by the board El Camino leaders promise to maintain many of the programs which have made the school so successful while expanding other areas, like computers and technology, in which they've previously been unable to invest. And while most charter schools do not have to hire union workers, the plan calls for educators at El Camino to continue to be represented by the United Teachers Los Angeles.

The district has 30 days to respond with comments or concerns with their plan before scheduling a final public hearing and a board vote. Cortines, the superintendent, said he'll be disappointed to see the school leave the district, but praised the campus and its leadership. "They are an excellent school with great leadership and we have an excellent relationship", Corginas said.

Connie Banos @ Daily News

Sherman Oaks Mid-Century Value on 11,000+ Sq. Ft Lot

I am going to be posting more homes in this area soon I think, as I see a ton of great ranch style homes built in the 50's & 60's in Sherman Oaks available right now. The thing that caught my eye with this particular property is the price, due to the recent $100,000 price reduction, as well as the over 11,000 sq. ft lot. This, along with it's original "Eichler style," according to the listing, open floor plan affords it's owner a ton of potential. Enjoy immediately and upgrade over time, or grab your designer and create your dream space.

13233 Addison St, Sherman Oaks

$739,000 (Reduced from $839,000) 3 Bed 1.75 Bath 1,872 Sq. Ft 11,060 Sq. Ft Lot

Listing & Photos Courtesy of Marta Samulon - Coldwell Banker - Pacific Palisades

This is a large property with great modernist style roots in a nice area of Sherman Oaks just north of Riverside. It could be a great opportunity for a fortunate buyer, as the owner is clearly motivated to sell. If you would like to see this fine home, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com. There are also several other great looking opportunities in the area, some with amazing views South of Ventura Blvd. in a slightly higher price point as well.

Dream Home Work of Art on HUGE Lot

Work of art recently completely redone and expanded by Billy Rose Design/Assembledge+ 2010. The home lies on a private acre and a half lot with views from it's towering post high above the city. Top tier finishes throughout one would expect from a property of this magnitude. The pictures say it all. Please note the details, including "sculpture" like walls, infinity edge pool and waterfall, and warm accents from the wood and lighting, all aimed to enhance the vast gallery like spaces.

3350 Stone Ridge Lane, Bel-Air

$17,500,000 6 Bed 9 Bath 11,781 Sq. Ft 65,008 Sq. Ft Lot

Click here to see more pictures

Listing & Photos Courtesy of Billy Rose & Blair Chang - Prudential CA - Beverly Hills

The property is a work of art on a huge flat lot with world class design sensibilities throughout. This is quite simply a dream home. If you would like to see this one of a kind estate, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Mid-Century Modern in Los Feliz

I have seen this property listed on an off a few times now in the past year, and never understood why. It looks great, at least in the pictures anyways. This is a very popular architectural style in Los Angeles and in a good Los Feliz location, so one would think it would be snatched up fairly quickly. The open floor plan with high ceilings and walls of glass is ideal, especially since they lead out to some nice views. The kitchen is highly upgraded with Viking range, Bosh dishwasher, and limestone counters. There is also a great master suite with spa like bath, all leading out to zen like garden.

3824 Carnavon Way, Los Feliz

$1,450,000 3 Bed 3.5 Bath 3,051 Sq. Ft/ow 6,570 Sq. Ft Lot/ow

Listing & Photos Courtesy of Amy Colvin - Hilton & Hyland

This is a stunning home in a great North of Los Feliz Blvd location. The floor plan and finishes are all very high end, and to top it off, the listing says there is also room to add a pool long term if that is a requirement for your needs. If you would like to see this dynamic property, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Venice Loft Like Urban Home

I guess I am in a loft style mood today with my postings, but here is one more lying on the higher end side of the market. The saying is true that you get what you pay for, as this one is done to the 9's. Beautifully upgraded sealed concrete flooring, upgraded kitchen & baths, landscaping, and of course a well thought out floor plan all in this one. The rooftop deck also adds to the outdoor space, and has views. In Venice, just steps to the beach, this is an urban dwellers dream.

122 Mildred Ave, Venice

$1,950,000 (Reduced from $2,295,000) 3 Bed 3 Bath 2,900 Sq. Ft/ow 3,920 Sq. Ft Lot

Notice the cool spaceship like bathroom door

Listing & Photos courtesy of Brett Lawyer - Sotheby's Int'l Realty, Sunset

This one looks very interesting with a great mix of industrial materials and softer more "homey" tones. I love the large windows, exposed brick, concrete flooring, and de-constructed ceiling; completely gives off a loft like industrial vibe, while still well set up for the comfort of home. If you would like to see this property, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Freestanding Loft Building Zoned Live/Work; Silver Lake

Very rare offering with limitless possibilities is this dynamic freestanding loft building in hip Silver Lake. Zoned for live/work, so one can both live there and run a business out of it should they so desire. The property is currently used for a photography studio, but the options are boundless with this great open space.

1844 Hyperion Ave, Silver Lake

$789,000 2 Bed 2 Bath 2,298 Sq. Ft 4,748 Sq. Ft Lot

Listed by Peter Lorimer - Peter Lorimer Group Estates

I think the listing agent in this case does a great job with the write up, so wanted to post directly:

"AUTHENTIC FREE STANDING LOFT BUILDING! A rare opportunity to own a creative space and storefront along eclectic Hyperion Avenue in the heart of Silver Lake. Zoned LIVE/WORK, the property is currently used as a photographer studio but truly has almost limitless potential - for either a business, residence or both. The office portion currently has 2 bedrooms and a reception area, which can be converted into a storefront. A curved center hall leads to a studio with 10-15 ft ceilings and a wall of glass that opens up to a patio and grassy area + spa. The studio is ideal for an artist, sculptor, photographer or even an architect. The space also has great showroom potential. Very close to Sunset Junction and Silver Lake nightlife."

Well said.

What a unique and dynamic opportunity this could be for the right creative or business person. Many ways to profit or live in and enjoy this one. If you would like to see this property, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Hollywood Loft; Architect Jay Vanos

Architectural building in Hollywood, designed by Architect Jay Vanos in 2007. Lying steps to Larchmont Village, Paramount Studios, and all the new action of Hollywood is this 1 bedroom loft with bamboo wood flooring throughout. Designer finishes include; custom Italian cabinetry, Phillipe Starck commode, and Deca sink. Well designed open floor plan maximizing the space. Over sized industrial windows throughout allowing natural light to radiate in the property. Also, a private rooftop deck to relax and enjoy Hollywood Hills views is included with this unit.

5806 Waring Ave #14, Hollywood

$369,000 (Reduced from $399,000) 1 Bed 1 Bath 810 Sq. Ft

Listed by Lisa Paperno - Deasy, Penner & Partners

This is a nice unit in a growing area of the city. The private deck is key and really adds a lot. For that, along with the high end finishes at a good value make this a good buy. If you would like to see this cool loft, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Designer Artist Lofts in the NYC

A new building has recently hit the market in New York's Chelsea neighborhood that caught my eye. +ART is the name of the recently converted artist lofts at 540 W 28th St. The home page of the building's website describes it like this, "This is where industrial luxury reigns. Enter Bohemia-Nouveau. Built in deference to the artistic narrative of Chelsea’s most important artists, architects, and poets, +aRt fuels the life you should be living in New York’s most modern neighborhood." Here here.

Having always been a fan of the open space and high ceilings of lofts in general, this one appeals to me because of it's seamless mix of old and new. It weaves in tradition of the building with updated modern designer finishes throughout in a cool artist neighborhood. The main thing it also seems to have is a ton of windows allowing natural light to flood into the 91 residences. The units range from 445 sq. ft studios for $520,000 to Penthouses that are 1,570 sq. ft for $2,300,000. New Yorkers enjoy.

Another "Bird" Street Modern Masterpiece

Another new modern minimalist architectural home in the famous "Bird" Streets, arguably the Hollywood Hills best area, has recently hit the market. This one designed by Zoltan Pali (same architect as this home I recently posted). A quintessentail view house with walls of glass throughout, which seemingly pulls the view of Los Angeles at your feet into every room. Nothing but the highest end finishes used throughout the property, inlcuding a custom Italian kitchen, Fleetwood pocket doors, and Rift Oak flooring.

9312 Nightingale Dr, Hollywood Hills

$13,700,000 4 Bed 7 Bath 28,383 Sq. Ft Lot

Listed by Mauricio Umansky - Hilton & Hyland

A property of this magnitude blurs the line between a home and a work of art. Even if very few in this world can afford it, it is still worth marveling at and imagining. Here's to the good life...If you would like to see this dynamic property, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Boutique Meets Corporate in Hotel Partnership

In an interesting, and probably wise from all angles, partnership the original king of the Boutique Hotel concept Ian Schrager teems up with corporate hospitality giant Marriott. These two will create a new lifestyle hotel brand called Edition. The thinking is that more and more customers want the personalized service and style that Schrager is legendary for (think Mondrian in LA, Delano Hotel in Miami, Hudson Hotel in NYC, Clift Hotel in San Francisco, & Sanderson Hotel in London), as well as the operational expertise that the Marriott company is known for.

The partnership has recently opened the first of many to come in Waikiki.

Rates start at $375. I love the boutique hotel concept and am interested to see how this partnership works. I am sure cost conscious Marriott will have a difference of opinion or two with the legendary hotelier known for having to have the coolest of everything. That said, it makes sense on a lot of levels, and will bring high design and service to more properties throughout the world. Please visit the Edition Hotels website for more information.

Open House This Sunday 1-4 pm @ Hollywood Spanish

If looking for a well priced home full of value in a prime location, please come by tomorrow from 1-4 pm and see 3249 Bennett Dr. Just listed and priced very well for a lot of house with views.

3249 BENNETT DR, HOLLYWOOD HILLS

Offered @ $899,000 3 Bed 3 Bath + 1 Bed Guest Apartment Space w/ Kitchenette 2,458 Sq. Ft

Lying in a great location in the Hollywood Hills is this beautiful Spanish style home with intricate character details throughout. Up in the hills with peaceful canyon views and on a great street, but just a minute to the heart of either Hollywood or Studio city. Great curb appeal; upon entry one is struck by the multiple large bay windows allowing a ton of natural light to flood the property. The first floor has a nice open floor plan and houses both a formal living room with fireplace & relaxing family room with soaring beamed ceilings. Also on the top floor is a formal dining room, and huge kitchen with top level appliances like a Fisher & Paykel six burner range and industrial refrigerator. The three bedrooms are downstairs. The master contains a large walk in closet and sumptuous master bath with separate frameless glass shower & bath. There is also an addt'l 1 bedroom apartment space with it's own separate entrance. Also a six car parking garage! Simply a great house in a prime location.

Please visit http://gallery.me.com/bartondt#100020 for a detailed tour of the professional pictures taken of this fine property. This is a large home that is priced well in this location. It has exquisite Spanish details, an open floor plan, updated kitchens and baths, and is ready to go. If you can't make it to the open house, but would like to see this home, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Gregory Ain House; Hollywood Hills

I have a client in New York, who is looking to come out to Los Angeles, so went and did a video walk through of the property they are considering. It was done by noteworthy architect Gregory Ain in 1939. With some key updating, including the rich dark hardwood flooring throughout, and updated kitchen cabinets & countertops, it retains it's hip history but allows one to enjoy modern living. The high ceilings and walls of glass throughout are what really makes the home. The curb appeal is absolutely special as well, especially at night when I went and viewed the property. This property is for lease at $4,300/mo. It is 3 beds, 2 baths, & 1751 sq. ft.Listed by Mauricio Umansky - Hilton & Hyland

I broke the house up into three videos to help the speed of the upload. The first video is the main living space with living room, dining room, and kitchen. The second is the master bedrooms and bathroom. The final video is of the downstairs area with the two guest rooms and another bathroom. It is a bit rough, but should give my client a good sense of the property, which is the main objective.

If looking for a similar property for lease or sale, please don't hesitate to contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Great Listing but Limited Activity, Why?

I have been racking my brain constantly trying to decipher why I am not getting very many calls on this one listing, while others are getting a ton of activity. I am using the exact same strategies and marketing avenues, but with a much different result. Of course this particular listing is deep in the Valley, while others are "over the hill;" however, I got to think it is more than just that right? This is a great home for a large family, as it has six bedrooms! It is also in an A+ prime school district. The high school in the district, El Camino Real, has won something like five out of the last ten national academic decathlons. I assumed that this listing would appeal to families, and those people would not be as concerned with designer finishes, etc, and just want a lot of space in a good neighborhood that works for their family. This property does not have updated to the 9's baths and kitchens, but what it does have is a great floor plan, privacy, an entertainer's backyard with pool and hot tub, and in a great neighborhood. On top of all that it is priced very well, as we have reduced the price $80,000 since the original listing price.

23515 CANDLEWOOD WAY, WEST HILLS

Just Reduced to $599,000 6 Bed 3 Bath 2472 Sq. Ft 11,160 Sq. Ft Lot

See a detailed tour of the property at http://23515candlewood.com

This is a very good opportunity for a person with a large family, or for someone who works from home perhaps and could use the extra rooms. It is in a great area, on a good quiet street, and is extremely quiet and private. Let me know your thoughts on this one please, and if you think it is priced right. It has been reduced substantially, and is ready for an offer. This could be a great time to get a ton of value for you and your family, and start 2011 off right in your new home. If you are interested in seeing it in person, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Thanksgiving at the "Hilltop Haven"

I had Thanksgiving dinner at my Uncle's house in the beautiful area of LA known as Hidden Hills. You may recognize this area from the show "Keeping up with the Kardashians," as this is where the family used to live and film the early seasons. It is a great area just next to Calabasas. The view from the home I was at was simply spectacular as it looked over the entire Valley. I am sort of a "view guy" so can definitely appreciate one like this and imagine sitting out on the large deck, just thinking and taking in the city.

Eric Smilay
Smilay Properties
www.smilayproperties.com
Sent from my iPhone

Public Transit in LA

I rode the train the other night from Hollywood to Downtown Los Angeles. It was only the second time I have ridden on the subway in LA. It was a good experience, with no traffic and no expensive parking at your destination, not to mention good for the environment. It is good to see Los Angeles grow and better it's public transportation for all the Angelenos. Lines are expanding and new tracks throughout the city are in the works. If you get a chance, give the subway a shot and see what you think.

Eric Smilay
Smilay Properties
www.smilayproperties.com
Sent from my iPhone

At the Open House Here 1-4 pm

I arrived here pretty early today to set up signs, open up blinds, etc. I wanted it to be all set before the one o'clock open time. Apparently the "buzz" had superseded my time schedule, as just five minutes after my arrival the property was already swarming with a handful if buyers. Rightly so, as this one is beautiful, in a prime Hollywood Hills location, and priced very well. Please come by today if looking to buy in the area, as this one may not last. The address 3249 Bennett Dr.

Eric Smilay
Smilay Properties
www.smilayproperties.com
Sent from my iPhone

Professional Photographs of Spanish Listing

I just received the professional pictures I had taken of my listing on Bennett Dr in the Hollywood Hills yesterday back. I think they turned out pretty well. Even a few that are a bit artistic. Here are a few for your review. Please click the link to see the rest of the best we weeded it down tohttp://gallery.me.com/bartondt#100020. Thanks David for your help on this; much appreciated!

The property will be open for the first open house this Sunday from 1-4 pm should you be interested in seeing it in person. If you have any questions please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.