LA Land Realtor

Selling Land in Los Angeles || Marketing on a Budget Pretty often I represent my clients on a purchase and/or on a sale side of land transactions. And today I wanted to take you with me on a little trip to a vacant parcel that I just listed in Los Angeles County (Chatsworth, to be exact). Sharing my approach to advertising and marketing, and intoducing a community of Twin Lakes to you, I'm welcoming you to a day in life of real estate agent here in Los Angeles.

Neighborhood in a blink of an eye: Beverly Hills Quick facts about the real estate market in one of the most exclusive neighborhoods of Los Angeles. History: Starting from the middle of the 19th century different people attempted to put Beverly Hills as the place to live on the map, but only after the world famous Beverly Hills Hotel opened its doors in 1912, did this place became a destination for the most successful actors in Hollywood. Since then Beverly Hills has managed ...to keep its status of one of the most exclusive places to live, featuring, probably the most recognizable zip-codes on the planet 90210. Geographical location: Bordering with the City of West Hollywood to the East and surrounded by the City of Los Angeles everywhere else, Beverly Hills creates an exclusive Golden Triangle with other exceptional neighborhoods, such as Bel Air and Holmby Hills. Being in the middle of everything, close to Downtown and Hollywood to the East and Pacific Ocean to the West, Beverly Hills manages to stay remote from other parts of town in a best way possible. Area description: Luxury is the best word that describes this neighborhood. Even though there are some some great family oriented pockets within the City of Beverly Hills, in general you will need to have a good amount of money saved in order to get a residency here. A lot of local businesses have been getting substituted by mega-brands, but that is just the reality of a place like this wealthy people that are willing to spend $5M+ on a home will more likely be interested in shopping luxury world known brands than at a local small stores. Price ranges for single family homes: Finding something that is just slightly above $1M here would require great luck, but don't be surprised if you don’t find any house within that price range because basically, that's the land value here. And on the other end of spectrum, as you might have guessed, there's virtually no price ceiling, and it's not rare to find homes marginally over a whooping $50M mark. Price ranges for condos: Starting from a half a million dollar mark for something that is so tiny that you will immediately feel yourself in New York (and even then your HOA dues will be, more likely than not, over $500 per month), an average condo will cost you over $1M. And again, with a luxury market, there's just no limit when it gets to Beverly Hills there are more and more full service buildings that will be able to ask, and sell condos for or even above the $10M mark.

Just a little update on how exactly I'm planning to stay in touch with you, my dear friends and clients, in this new and exciting 2018. It's gonna be a great year to make your real estate dreams come true!

Be like Mike Tyson buy land in Lancaster! One of the best boxers in history is branching out into the weed business. Whether you know about it or not, whether you use marijuana yourself or are completely against it, at this point of time it's obvious new legislative changes in Southern California will affect values of real estate in our town.... Starting from January 1st, recreational marijuana sales became legal in Southern California. And even though there are still a lot of restrictions in municipalities like the City of Los Angeles (earlier this week there were only few spots in Los Angeles, all of them in West Hollywood, that were allowed to sell marijuana based products for people that don't hold a license), some other cities in California see this as an opportunity. For example, California City's mayor Jennifer Wood sees a great potential for the future development of this industry, and calls Mike Tyson's business venture a rebirth for the entire city. California City is located about 40 miles northeast of Lancaster, and that's where the famous boxer decided to open Tyson Ranch. He will use this 40-acre facility to create a destination for weed amateurs and professionals. About 20 acres will be used to grow marijuana, also the facility will have a school for growers, factories that will be making edibles and an amphitheater, together with cabins that you could rent. If you want to be a part of the growing marijuana business, like Mike Tyson, I have a listing just for you. 5 acres of land on the northern boarder of Lancaster for only $99,000. Please contact me for details directly, or for any other real estate need that you or your friends or family might have. With or without marijuana on it, real estate remains a great investment, and I would be happy to help you make a right move. Sincerely, Oleg Korolov

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Some deals are easy, some - absolutely exhausting. But in the end of the day, second kind just makes me take a philosophical look at what I do, and as long as the deal is done and interests of my clients are represented correctly - it's all good, because it's not always about how much money I made, but about the value I bring to a society around me. I help people buy and sell real estate, so when this transaction actually does happen - it means I did something right.

The level of representation your land deserves. 10AC of raw land in Eagle Rock, listed for $499,000. Contact me for details.

Neighborhood in a blink of an eye: Hollywood Hills Quick facts about the real estate market in one of the sexiest neighborhoods of Los Angeles. History: It's been almost a hundred years since the Hollywoodland sign appeared on the southern slope of Mount Lee, however the nature of this neighborhood remained the same. Original developers envisioned this part of town as a hillside escape from the city for a sophisticated crowd, and logically, with the rise of the film indus...try, a lot of artistic people were drawn to this neighborhood. Until today this neighborhood keeps its small town charm, which became one of the iconic features of this area. Geographical location: Originally only a small area from Lake Hollywood to Griffith Park was considered Hollywood Hills. But with time, hillside development spread to the east and west from it's original location, and nowadays we schematically break Hollywood Hills into East and West, being broken by the 101 freeway. The eastern part of it is located North of Franklin Avenue, and the western part of this hillside area sits just above the famous Sunset Boulevard. Area description: Hollywood Hills East remains the historic and original part of this area, keeping a lot of it's initial charm with great architecture (where you could find amazing castles, among other gems). Hollywood Hills West has a more modern and contemporary feel to it, being one of the hottest parts of our town with all the new development. Overall, both parts of this neighborhood are known for their proximity to the city, combined with amazing views. Price ranges for single family homes: The percentage of sales under $1M in this neighborhood is pretty insignificant, but if you look good enough, you can still find a fun alternative to a condo, or a corky one or two bedroom with character. However, the vast majority of homes here will be sold for more than that, reflecting the million dollar view rule. Those views, combined with the popularity of this area among the hippiest and the youngest of crowds hollywood celebrities it's not a surprise that you can find exceptional new homes being build and sold there for over $30M. Price ranges for condos: If you operate in a price range between five hundred thousand and a million, you can find yourself a great condo at the footsteps of the hills. Occasionally, the market offers something below that threshold, but those condos are pretty rare to come across. At the same time, there are a few buildings in this neighborhood that either are iconic already, or new constructions that claim to be iconic one day. And with them, only the sky is the limit some units are even selling above $10M, but with the views and exclusivity they offer, it's hard to argue with such a steep price tag.