December 6, 2009 |
The man whose fanciful visions helped bring to life the exteriors of such Los Angeles landmarks as the El Capitan, Mayan and Wiltern theaters was more modest, but no less meticulous, when it came to designing his own home. The Spanish Colonial Revival house that Octavius Weller Morgan built in 1929 on a double lot in the Beverly Grove neighborhood is exemplary of this quintessentially Southern California style and a Los Angeles Historic-Cultural Monument. Morgan's home -- restored by the current owner -- showcases his penchant for classical design, high-end materials and whimsical flourishes.
April 4, 2010 |
A sculpted steel-and-glass home, designed with the curved lines of an ocean liner, sits on the Strand in Manhattan Beach, steps from the beach and an ocean view that extends from the Palos Verdes Peninsula to Malibu. The house, owned by Filmation co-founder Lou Scheimer, who co-created the cartoons "Fat Albert and the Cosby Kids" and "He-Man and the Masters of the Universe," was designed in 1988 by Ray Kappe, architect and co-founder of the Southern California Institute of Architecture.
November 4, 2007 |
When it comes to stepping back in time, the Los Rios Historic District in San Juan Capistrano can claim major bragging rights. It is one of the oldest residential neighborhoods in California, with adobe homes built in the 1790s and 200-year-old pepper and olive trees. Beginnings The historic district is just a stone's throw from Mission San Juan Capistrano, and the origins of both are intertwined. Forty adobe structures were built on and around Los Rios Street in 1794 as housing for Indian neophytes with ties to the mission.
April 11, 2010 |
Harry Warner estate in Hancock Park Location: 501 S. Rossmore Ave., Los Angeles 90020 Size: Seven bedrooms and 5 1/2 bathrooms in 5,555 square feet Published on : Oct. 19, 2008 Listed then for: $4.55 million Sold for: $2.95 million last month At water's edge in the O.C. Location: 2717 Shell St., Newport Beach 92625 Size: Three bedrooms, three full bathrooms and three half-bathrooms in...
November 22, 2009 |
For several years, the Federal Housing Administration has been the go-to financing resource for cash-strapped home buyers who can't come up with a big down payment. It has zoomed from barely a 3% market share to nearly 30% of home purchase loans. But now, FHA-insured mortgages could be on the verge of becoming more expensive and tougher to obtain. In the wake of an independent actuarial study that found the FHA's insurance fund reserves far below the congressionally mandated minimum, the agency confirms that it is exploring ways to pump up its reserves -- including raising insurance premiums, minimum down payments and a variety of other unspecified moves.
February 21, 2010
Point Dume contemporary Location: 28827 Grayfox St., Malibu 90265 Size: Six bedrooms and 6 1/2 bathrooms in more than 6,000 square feet Published on: May 3, 2009 Listed then for: $9.9 million Listed now for: $6.7 million Price reduced: 32% Listing agent: Randy Freeman, Prudential California Realty, (310) 420-9242 Avenel Cooperative Location: 2849 Avenel St., Los Angeles 90039 Size: Three bedrooms and one bathroom in 992 square feet Published on: May 10, 2009 Listed then for: $695,000 Sold for: $685,000 -- Lauren Beale
December 13, 2009 |
If you're in trouble on your mortgage and can't get a loan modification, check out the Obama administration's standardized short-sale plan that's scheduled to roll out in the next several months. The program, outlined Dec. 1 by the Treasury Department, is an attempt to streamline what has traditionally been a contentious, time-consuming process by requiring lenders and others to use nationally uniform documents, timelines and financial incentives. A short sale involves a lender or investor agreeing to collect less than the balance owed on a mortgage debt out of the proceeds of a negotiated sale of the property.
HOME & GARDEN
January 5, 2010 |
Home designer Marc Canadell has sold his house, his latest creation in the Bird Streets area of the Hollywood Hills, for $14 million. The more than 9,000-square-foot, two-story home is perched at the end of a cul-de-sac and surrounded by pools and other water elements. It has views of downtown L.A., Century City, Malibu and the ocean. With its clean lines and sleek surfaces, the house is modern and minimal. An interior atrium is planted with bamboo, 20-foot ceilings soar above the kitchen and walls of glass recede to bring the outdoors in. There are five bedrooms, including a 2,000-square-foot master suite, and eight bathrooms.
March 21, 2010
219 Belmont Ave., Long Beach 90803 Listed for: $795,000 Size: Three bedrooms and two bathrooms in 1,950 square feet Lot size: 6,150 square feet Features: The 1920 bungalow has hardwood floors, a fireplace and a two-car garage. MLS ID: C09117126 2170 Fanwood Ave., Long Beach 90815 Listed for: $549,000 Size: Four bedrooms and two bathrooms in 2,338 square feet Lot size: 6,250 square feet Features: The 1951 house has a remodeled kitchen with granite countertops, a family room with a fireplace and a formal dining room.
November 29, 2009 |
Joyce Ann Cato is out of work and about to lose her San Bernardino home to foreclosure. The 62-year-old special-education teacher filed for bankruptcy protection last April in a bid to keep her house, which is worth less than what she owes on a mortgage she can't afford anymore. As Cato searches for another job, she and her daughter, Minjoy, have landed in a Pomona house that they rent for $1,795 a month, substantially less than the old mortgage payment but still a hefty chunk of the mother's $2,500 monthly income.