Let’s say you’re in the market for a home. You’ve done all your homework, you’ve gotten yourself pre-approved with a reputable lender and now you’re ready to search for a home. As we all know, there are certain parts of the city that sell for quite a premium based on location. Your money is not going to get you the same thing in West Hollywood as it will in Eagle Rock or Sherman Oaks. So what exactly will your money get you? This week, let’s look at what you can get for your million dollars (give or take, and hey—everything’s negotiable).
Beverly Hills, 1585 Benedict Canyon Dr. $995,000
2br/2ba in 1,344 sq. ft. on an 8,000 sq. ft. lot
It’s actually Beverly Hills Post Office, but it’s still the 90210, and it’s a darn cute, hip, modern, designer-styled remodeled pad with an open floorplan and backyard ideal for entertaining. Vaulted ceilings, great master with oversized steam shower, jetted tub, Kohler fixtures and sconces from Waterworks.
West Hollywood, 8827 Rosewood Ave.
$1,049,000: 2br/2ba in 1,268 sq. ft. on a 3,999 sq. ft. lot
Quintessential Cape Cod with classic period detailing. Oak hardwood floors, french doors and custom casement windows. Vaulted ceilings in the living room and the master suite. Gated driveway, white picket fence and just a stone’s throw from the Beverly Center, Beverly Hills and Robertson Boulevard.
Silver Lake, 2121 W. Silver Lake Dr.
$1,095,000: 3br/2ba in 2,500 sq. ft. on 7,000 sq. ft. lot
Character Spanish circa 1934, prime Silver Lake location. Large step-down living room with amazing lake views, original ornate beams and fireplace, hardwood floors, formal dining room with lots of windows and gorgeous moldings, skylights, wood-burning fireplace and more!
Sherman Oaks, 15308 Stonewood Terrace
$1,089,000: 4br/3ba in 2,400 sq. ft. on a 14,620 sq. ft. lot
Fantastic location, private setting on a large, gated lot close to Mulholland Drive. One story home featuring high wood-beam ceilings, hardwood floors, open living area, stunning canyon and city light views. Endless Pools exercise therapy pool with solar heating, built-in sound system and a premium lot with room to expand in a prime neighborhood south of Ventura Boulevard.
Eagle Rock, 1205 Eagle Vista Dr.
$1,049,000: 5br/4ba in 3,035 sq. ft. on a 30,120 sq. ft. lot
A million bucks sure will do you right in Eagle Rock, which is quite an up-and-coming area. This three-level mid-century beauty is up a gated private drive, beautifully renovated and is reminiscent of a Palm Springs mini-estate. Cook’s kitchen, soaring ceilings, living room with fireplace, sparking pool and fab city and mountain views. Also has a pool/guest house. The perfect blend of comfort and luxury.
Museum Square, 943 Masselin Ave.
$999,000: 3br/2ba in 1,839 sq. ft. on a 10,268 sq. ft. lot
Museum Square is around Wilshire and Curson, and is a great area. This is a beautifully sited ‘20s Spanish Character hacienda-style with a separate full guest house and room for a pool. Courtyard entry with fountain, living room with step-down den, large dining room with adjoining sun porch, open kitchen, informal dining area. Fine restaurants and the museum district are just steps away!
See something you like here? Call me and let’s talk about it. Considering selling, or curious what your home is worth? Call me, let’s chat!
In the next issue, we’ll take a look at what you can get for $750,000. Be sure and check it out. Once you get down to that price range, there are options that allow you to put significantly less money down, as little as 3.5 percent.
Jefferson Hendrick is an L.A.-based Realtor with Keller Williams. Contact him with questions, concerns and real estate inquiries at firstname.lastname@example.org or facebook.com/jeffersonhendrickrealtor.