Westside Estate Agency http://www.weahomes.com Beverly Hills, Malibu, Miami Thu, 23 Mar 2017 00:31:51 +0000 en-US hourly 1 https://wordpress.org/?v=4.6.1 WEA in the News: Clothing designer lists Bel Air home for $35M http://www.weahomes.com/wea-news-clothing-designer-lists-bel-air-home-35m/ Fri, 17 Mar 2017 18:51:17 +0000 http://www.weahomes.com/?p=26648 “His designs, while pricey, may not rival Gucci prices — but Serge Azria’s Bel Air...read more

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“His designs, while pricey, may not rival Gucci prices — but Serge Azria’s Bel Air abode is asking a top-of-the-market rate.

Azria — founder of clothing lines Joie, Equipment, and Current/Elliott — recently listed his home for $35 million, Variety reported. He acquired it not quite six years ago for $21 million.

Designed by architect Paul Williams and more recently updated by its previous owner, house flipper Sandy Gallin, the 12,000-square-foot mansion contains seven bedrooms and 12 bathrooms. It features a foyer with a curved staircase, a spacious kitchen, a media lounge, a wine cellar, a fitness facility with spa, a billiards room, and at least seven fireplaces.

The backyard is filled by an infinity-pool the size of one-third of a football field. Kurt Rappaport of Westside Estate Agency has the pocket listing.

Azria, the brother of fellow designer Max Azria, owns quite the portfolio of luxury homes in L.A. In addition to this Bel Air compound, his Point Dume residence is for lease at $27,500 a month. Nearby in Paradise Cove, he also owns a nearly seven-acre estate he purchased for $41 million in 2013.

Click here to read the full article on therealdeal.com.

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WEA Micro Market Report – February 2017 http://www.weahomes.com/wea-micro-market-report-february-2017/ Thu, 16 Mar 2017 17:00:24 +0000 http://www.weahomes.com/?p=26574 Click here to view WEA’s February 2017 Micro Market Report:

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Click here to view WEA’s February 2017 Micro Market Report:

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2017’s Tax Rates by State http://www.weahomes.com/2017s-tax-rates-state/ Thu, 16 Mar 2017 00:39:24 +0000 http://www.weahomes.com/?p=26586 Tax season can be stressful for many Americans, especially those who owe money to Uncle Sam. Every year, the average U.S. household pays more than $5,700 in federal income taxes,...read more

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Tax season can be stressful for many Americans, especially those who owe money to Uncle Sam. Every year, the average U.S. household pays more than $5,700 in federal income taxes, according to the Bureau of Labor Statistics. And while we’re all faced with that same obligation, there is significant disparity when it comes to state and local taxes. Taxpayers in the most tax-expensive states, for instance, pay three times more than those in the cheapest states to meet their civic burden.

As this year’s tax-filing deadline, April 18, looms closer, it’s fair to wonder which states have the most and least burdensome tax rates. WalletHub’s analysts searched for answers by comparing state and local tax rates in the 50 states and the District of Columbia against national medians. To illustrate, we calculated relative income-tax obligations by applying the effective income-tax rates in each state and locality to the average American’s income. Scroll down for the complete ranking, commentary from a panel of tax experts and a full description of our methodology…

Click here to read the full article.

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WE’VE DONE IT AGAIN http://www.weahomes.com/weve-done-it-again/ Wed, 15 Mar 2017 23:49:50 +0000 http://www.weahomes.com/?p=26583 It’s been another great year for WEA and residential real estate. Los Angeles continues to gain steam and is rapidly becoming a true international destination. The demand for quality properties exceeds the supply, and...read more

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It’s been another great year for WEA and residential real estate. Los Angeles continues to gain steam and is rapidly becoming a true international destination. The demand for quality properties exceeds the supply, and our prices, although unobtainable for many, are far less than most other metropolitan areas of the world, including many in the United States. Add that our weather and nearby amenities (beaches, mountains, theater, etc.) are second to none, which continues to make Los Angeles even more desirable and a very safe place to invest in real estate.

I expect this trend to continue for both the near and far term. Most of the higher priced sales are with local buyers and residents of the United States relocating from colder climates. For those that had the foresight to buy after the last market downturn, they are now using the tremendous equity build-up in those homes to upgrade to the next level of estates.

Not only have prices now exceeded the previous all-time highs of 2007, but also the number of transactions taking place has mushroomed to triple digits in many areas and high double digits in others. This indicates movement within our market, as there are many more houses available than in prior years. All of these signs are very positive and indicate that, pending any unforeseen disasters, this market will continue to be buoyant.

At WEA, we are proud to have participated and flourished in this market. For the year 2016, our average sale was $9,019,544.

“WE LISTEN AND WE EXECUTE.”

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WEA Featured Agent: Robert Bridgeford http://www.weahomes.com/wea-featured-agent-robert-bridgeford/ Wed, 15 Mar 2017 23:36:29 +0000 http://www.weahomes.com/?p=26579 WEA agents are from the worlds of business, entertainment, academia, and, of course, real estate. They are an incredible group of agents that have a passion for business, architecture, and...read more

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WEA agents are from the worlds of business, entertainment, academia, and, of course, real estate. They are an incredible group of agents that have a passion for business, architecture, and their local communities. This month’s featured agent is Robert Bridgeford. See what Robert shares about himself on his WEA profile by clicking here.

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TV giant Fred Silverman sells scenic Brentwood estate for $17.75 million http://www.weahomes.com/tv-giant-fred-silverman-sells-scenic-brentwood-estate-17-75-million/ Sat, 11 Mar 2017 00:07:30 +0000 http://www.weahomes.com/?p=26569 Television producer and executive Fred Silverman, whose decades of programming hits include “All in the...read more

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Television producer and executive Fred Silverman, whose decades of programming hits include “All in the Family,” “The Waltons” and “Charlie’s Angels,” has sold his home in the Brentwood area of Los Angeles for $17.75 million.

Encompassing more than 2.5 acres of grounds, the estate originally listed for sale last year at $30 million. More recently it was priced at $22.5 million, records show.

The main house, built in ranch style in 1952, has 8,000 square feet of space that includes a billiards room, a step-down living room, a den/office, five bedrooms and seven bathrooms. There are fireplaces in the family and dining rooms, library and master bedroom.

Across the grounds is a 3,200-square-foot guesthouse with four bedrooms and four bathrooms. The secondary structure was previously used by the TV bigwig as office space.

The pool house includes a changing room with a bathroom, beamed ceilings and a living room that doubles as a projection room, bar and kitchen.

A swimming pool, a tennis court, lawns, gardens and a koi pond with more than 100 mature fish make up the grounds.

Stephen Shapiro and Richard Ehrlich of Westside Estate Agency brokered both ends of the sale.

Silverman, 79, also produced such shows as “Matlock” (1986-95) and “Diagnosis Murder” (1993-2001). He bought the property in 1988 for $2.55 million.

Click here to read the full article on the latimes.com.

 

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WEA in the News: Actress Lori Loughlin wants $35M for Bel Air home http://www.weahomes.com/wea-news-actress-lori-loughlin-wants-35m-bel-air-home/ Fri, 10 Mar 2017 19:39:41 +0000 http://www.weahomes.com/?p=26645 “Full House”actress Lori Loughlin and her husband, fashion designer Mossimo Giannulli, want to double their...read more

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“Full House”actress Lori Loughlin and her husband, fashion designer Mossimo Giannulli, want to double their money on the sale of their neo-classical Bel Air home.

The couple has listed the property, which was formerly owned by actor Charles Bronson, for $35 million, after paying just $14 million for it in 2015, The Real Deal has learned.

The property, which overlooks the Bel Air Country Club from Udine Way, dates back to 1929 and totals 12,000 square feet with six bedrooms and nine bathrooms. Judging by the listing pictures, Loughlin appears to have completely remodeled and modernized the property since the acquisition.

Listing broker Kurt Rappaport of Westside Estate Agency noted that Giannulli has revamped several homes. He said the couple plowed close to $15 million into this one.

The property features a vaulted, two-story entryway, a media room, a paneled library, a motor court and a five-car garage.

Loughlin is also well known for her roles in “90210” and “When the Heart Calls.” The house hadn’t changed hands for more than two decades until the couple purchased it in 2015.

“Dirty Dozen” star Bronson and wife Jill Ireland, a singer, bought the property following their wedding in 1968 but sold it in the late 1980s.

Click here to read the full article on therealdeal.com.

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Westside mansion that replaced Ron and Nancy Reagan’s former home sells for $22 million http://www.weahomes.com/westside-mansion-replaced-ron-nancy-reagans-former-home-sells-22-million/ Fri, 03 Mar 2017 22:49:52 +0000 http://www.weahomes.com/?p=26562 A Westside mansion built on a property once owned by late presidential couple Ronald and...read more

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A Westside mansion built on a property once owned by late presidential couple Ronald and Nancy Reagan has sold for $22 million.

The 12,000-square-foot house occupies the two-thirds of an acre site in Pacific Palisades where the Reagans had a ranch-style home built in the 1950s. At the time, Ronald Reagan was the host of “General Electric Theater,” and GE outfitted the home with the latest in home technology at the time: all-electric kitchen appliances.

The Reagans maintained the house as their family residence while Ronald Reagan commuted to Sacramento for his job as state governor. They sold it in 1982, a year after Reagan began his first presidential term.

The new house in its place was built on speculation by Jaman Properties, a development company headed by Hollywood screenwriter Janus Cercone and film producer Michael Manheim.

The home and accompanying guest house sit behind antique gates. Features of note include a 2,000-square-foot master suite with luggage and shoe closets and a temperature-controlled fitness center. In one of the 10 bathrooms, peacock feathers applied by hand by local art students adorn the walls. Michael Jackson’s former Neverland relists for $67 million, down from $100 million Michael Jackson’s former Neverland relists for $67 million, down from $100 million.

The living room retains the original wet bar from the Reagan home. The door of the shower from which he emerged to learn he had won the presidency in 1980 was also preserved.

A saltwater swimming pool and spa, terraces and gardens designed by landscape architect Scott Shrader fill the grounds. Sweeping views from the property take in city lights and ocean.

The property was originally shopped as a pocket listing last year for $33 million before being placed on the Multiple Listing Service. More recently it was publicly listed for $24.995 million, records show.

Kurt Rappaport of Westside Estate Agency was the listing agent.

Click here to read the full article on the latimes.com.

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Off with a bang? http://www.weahomes.com/off-with-a-bang/ Thu, 23 Feb 2017 23:29:05 +0000 http://www.weahomes.com/?p=26566 $25 million — Beverly Hills An English traditional-style home where L.K. Sidney, the early CBS...read more

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$25 million — Beverly Hills

An English traditional-style home where L.K. Sidney, the early CBS producer and former vice president of Metro-Goldwyn-Mayer, once lived sold for $3.45 million less than the asking price of $28.45 million.

Sitting on more than an acre on Tower Road, the house was originally built in 1934 and later updated and expanded to its current 15,300 square feet by Jeff Vance of IDGroup. Among the features are a media room, an oversized chef’s kitchen and a temperature-controlled wine cellar.

There are a total of eight bedrooms and 16 bathrooms, including a three-bedroom detached guesthouse.

Other former owners include filmmaker and music executive Freddy DeMann and film producer Gale Anne Hurd.

Kurt Rappaport of Westside Estate Agency was the listing agent. Steve Frankel of Coldwell Banker Residential Brokerage represented the buyer.

Click here to read the full article on the latimes.com.

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WEA January 2017 Micro Report http://www.weahomes.com/wea-january-2017-micro-report/ Thu, 16 Feb 2017 19:09:40 +0000 http://www.weahomes.com/?p=26266 Click here to view WEA’s January 2017 Micro Market Report:

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Click here to view WEA’s January 2017 Micro Market Report:

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