At $245M, Bel Air estate touting itself as priciest listing in U.S.

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The title for most expensive home listing in the United States now belongs to a 10-acre estate in Bel Air.

For more than a year, the owners of the former estate of Univision billionaire Jerrold Perenchio shopped the property as a pocket listing for $350 million. With no takers, now the French Neoclassical mansion known as Chartwell is available on the Multiple Listing Service for $245 million, the Los Angeles Times reported.

Chartwell is one of eight homes with nine-figure price tags in the Los Angeles area. If it sells for anywhere near its asking price, it would easily dwarf the price record for Los Angeles County, which was set at $110 million in April when Peter Morton sold his home in Malibu.

The previous not-so-secret pocket listing of $350 million was not taken all that seriously by L.A.’s high-end real estate community. Sellers in the area are known for overpricing high-end properties by as much as 50 percent, only to slash prices later, as Stephen Kotler, Douglas Elliman’s CEO for the Western Region, recently told The Real Deal.

Some will recognize Chartwell’s main residence from the opening credits of “The Beverly Hillbillies” sitcom. The 25,000-square-foot mansion was built in 1933 by Sumner Spaulding. It includes scaled formal rooms, a ballroom, and a 12,000-bottle wine cellar. It also has a guest house designed by Wallace Neff, a 75-foot swimming pool, a tennis court and covered parking area for 40 cars.

Perenchio, the former CEO of Univision, bought the property and three contiguous parcels in 1986. He expanded the estate with designer Henri Samuel and architect Pierre Barb.

Since his passing in 2017, Perenchio’s estate has listed and sold a number of properties. A separate Bel Air home of his hit the market in September for $21.5 million, and the city of Malibu purchased nearly 30 acres from his portfolio for $42.5 million in April. [LAT] – Gregory Cornfield


Source: therealdeal.com

What $1,900 rents in LA right now

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Via Zillow


In Culver City, just south of Culver Boulevard in the downtown area, this lower-level one-bedroom apartment has a lot to offer: hardwood floors, in-unit washer and dryer, a spacious kitchen with open shelving, and a garage parking space. It rents for $1,995.



Via Zillow


Who doesn’t want some outdoor space? This 600-square-foot Hollywood studio apartmenthas a nice wide balcony, as well as an updated kitchen, a spacious and bright bedroom, central air conditioning, on-site laundry, and garage parking. It rents for $1,950.


Via Zillow


Inside this whimsical Beverly Grove apartment building is a one-bedroom apartment with hardwood floors, coved ceilings, a dishwasher, and a remodeled bathroom. The unit has its own parking off-street. It rents for $1,985.



Via Zillow


This recently remodeled one-bedroom apartment on the western edge of Koreatown comes with stainless steel appliances, a decorative fireplace, laminate floors, and on-site laundry. It rents for $1,845.


Via Zillow

Located in Downtown’s Financial District, this 600-square-foot loft features a wall of large windows, an open kitchen with ample counter space, and access to the building’s rooftop pool. It rents for $1,930.


Source: LA Curbed

The Best Labor Day Weekend Events in Los Angeles

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By Discover Los Angeles | August 27, 2018

Celebrated on the first Monday in September, Labor Day marks the unofficial end of summer. In Los Angeles, the three-day holiday weekend is packed with great events across the city. From concerts to festivals, parties and college football, read on for our guide to the best events happening in L.A. on Labor Day Weekend.


Los Angeles Fleet Week 2018

Now in its third year, LA Fleet Week® is a multi-day celebration of our nation’s Sea Services held on the LA Waterfront at the Port of Los Angeles over Labor Day Weekend. Free to the public, the event features public ship tours, military displays and equipment demonstrations, live entertainment, a kids’ STEM Expo, aircraft flyovers, a 100 Years of Navy in Hollywood Film Festival, the 10th Annual Conquer the Bridge, LA Fleet Week 5 on 5 Basketball Tournament, and a Galley Wars culinary competition between Sailor, Marine & Coast Guard teams. 



The Dodgers host division rivals, the Arizona Diamondbacks for a three-game stand Thursday to Saturday, Aug. 30 to Sept. 1. Highlights include a Sand Globe promo on Thursday, Friday Night Fireworks, and a Silent Auction on Saturday. On Labor Day, the Dodgers take on the Mets, featuring a Coca-Cola Cooler Bag promo.


OUTDOOR MOVIES (AUG. 31 – SEPT. 3, 2018)

Rooftop Cinema Club at LEVEL in Downtown L.A.

Movie fans can enjoy outdoor movies across L.A. throughout Labor Day Weekend. Rooftop Cinema Club offers two locations: LEVEL in Downtown L.A. is screening “Grease: 40th Anniversary” on Friday, Aug. 31 and “Avengers: Infinity War” on Saturday, Sept. 1; Rooftop Cinema’s new Hollywood venue, Neuehouse is screening “The Greatest Showman” and “A Quiet Place” on Aug. 31; “Isle of Dogs” and “Moonrise Kingdom” on Sept. 1; “Kill Bill Vol. 1″ and “L.A. Confidential” on Sunday, Sept. 2; and “Breakfast at Tiffany’s” and “Anchorman” on Monday, Sept. 3.

Other screenings: Street Food Cinema - “The Wizard of Oz” at Griffith Park and “The Wedding Singer” at Will Rogers State Park (Sept. 2); Eat|See|Hear - “Selena” at The Autry (Sept. 1); Cinespia- “Beverly Hills Cop” (Sept. 1) and “Now and Then” (Sept. 2) at Hollywood Forever; and Melrose Rooftop Theatre - “Breakfast at Tiffany’s” (Sept. 2) and “Black Panther” (Sept. 3).



A summer favorite now in its 14th year, The Music Center’s Dance DTLA is an evening of dance under the stars on most Friday nights. Hosted entirely at Grand Park, the series features Dance Downtown every other Friday night, where participants can learn new dance moves from a different dance genre at each event. Held on alternating Friday nights from 9pm to midnight, DJ Nights are curated by influential artists and tastemakers who give voice to L.A.’s dynamic and vibrant culture through music, dancing, arts and aesthetics. Curated by Nosaj Thing, this year’s final DJ Nights invites you to dance the night away on Friday, Aug. 31.



Jurassic Park® - The Ride goes extinct at Universal Studios Hollywood

Labor Day Weekend is your last chance to experience Jurassic Park® – The Ride before it goes extinct on Monday, Sept. 3! The ride is making way for an all-new Jurassic World attraction that’s opening at Universal Studios Hollywood in 2019. Originally opened in June 1996, the thrilling river raft adventure is based on Jurassic Park, the blockbuster 1993 Steven Spielberg movie and 1990 novel by Michael Crichton. After encountering dinosaurs in their natural habitat, guests escape a life-sized T-rex when their raft plunges to safety – at the time, the 84-foot drop was the largest theme park water descent ever built.



John Williams conducts the LA Phil at the Hollywood Bowl

Continuing a beloved L.A. concert tradition, Academy Award-winning composer John Williams returns to the Hollywood Bowlto celebrate the 40th anniversary of his Bowl debut and conduct many of his greatest moments of cinematic music magic. A selection of clips will be shown on the big screen.



Founded in July 2011, Pacific Opera Project (POP) brings accessible, affordable and entertaining opera to audiences across Los Angeles. On Saturday, Sept. 1, POP will present a fully staged outdoor production of Georges Bizet’s operatic masterpiece, Carmen at Ford Theatres. Sung in French with English supertitles.



Cinecon Classic Film Festival 2018

For more than half a century, cinephiles have gathered over Labor Day Weekend to celebrate the movies at the annual Cinecon Classic Film Festival. Taking place Thursday through Sunday, Aug. 30 – Sept. 3, Cinecon 54 welcomes archivists, authors, collectors and film fans to enjoy five days of classic film screenings, special programs, celebrity guests, and the famed movie memorabilia show. Cinecon is dedicated to showcasing unusual films that are rarely given public screenings.

The host hotel for Cinecon 54 is the Loews Hollywood Hotel, located on Highland Avenue just a five-minute walk from the Egyptian. Cinecon’s famous Memorabilia Show, one of the best movie memorabilia markets in the country, will take place at the hotel’s mezzanine level along with book signings and the registration table. Dealers from across the country and around the world will sell original items that span the history of film, from silent era classics through today’s hottest blockbusters.



Crosstown rivals, USC and UCLA will kick off the 2018 college football season with inter-conference home openers on Saturday of Labor Day Weekend. The Trojans take on the UNLV Rebels at L.A. Memorial Coliseum and the Bruins face the Cincinnati Bearcats at Rose Bowl Stadium. USC-UNLV is scheduled to start at 1pm Pacific and UCLA-Cincinnati at 4pm.



626 Night Market at Santa Anita Park

Dubbed the largest Asian inspired night market in the U.S., 626 Night Market features more than 250 food, merchandise, crafts, arts, games, music, and entertainment attractions that welcomes over 80,000 attendees per event. The final 626 Night Market of 2018 is taking place at Santa Anita Park on Aug. 31 – Sept. 2. Hours are 4pm – 1am. Admission is $5 at the door, cash only. Children 3 and under are free. Note that most vendors are cash only.



Carnival rides at L.A. County Fair

Opening on Aug. 31, the L.A. County Fair is hitting the Mother Road with this year’s theme: “Get Your Kicks,” named in honor of the famed Route 66. The historic “Main Street of America” connected Chicago to L.A. and right to the gates of the L.A. County Fair, which is uniquely situated just off Route 66 in San Bernardino. The Get Your Kicks on Route 66 attraction replicates iconic sites from the 2,448-mile trek, featuring famous landmarks like the world’s largest rocking chair, the Cadillac Ranch, and the Wigwam Motel. At a recreation of the historic Mt. Baldy Drive-In, guests can enjoy a vintage movie while snacking on popcorn and old-fashioned candy. The mini road trip ends at a replica of the Santa Monica Pier, complete with seaside snack shacks and aerial entertainment. The Route 66 value menu will feature $6.60 meals and classic Fair/Route 66 food items at each concession stand. Perennial Fair favorites include the carnival, the End of Summer Concert Series, farm animals, food, shopping and more. All attractions, except for the Carnival and reserved seats to concerts, are included with the price of admission. For tickets and concert schedule, visit lacountyfair.com.



Made in LA 2018 at Golden Road Brewing

Now in its second year, Made in LA is a Labor Day Weekend festival that celebrates the best of Los Angeles arts and culture. Taking place Sept. 1-2 at Golden Road Brewing in Atwater Village, Made in LA features headliners Saint Motel along with performances by Dorothy, Andre Power, DâM-FunK, J Rocc, DUCKWRTH and more. The festival also features food trucks, art installations and vendors, and of course, plenty of Golden Road beer. Proceeds benefit ArtShareLA, a DTLA nonprofit organization that helps artists – especially emerging talent – to access the resources they need. Tickets are on sale at Eventbrite. Doors at 5pm each day, 21 and over.



Fiesta Hermosa on Labor Day Weekend 2018

Fiesta Hermosa takes place Saturday through Monday from 10 a.m. to 6 p.m. each day of Labor Day weekend. The annual festival is located in Downtown Hermosa Beach on Pier Plaza, Hermosa Avenue and lower Pier Avenue. Described as the ”largest arts & crafts fair in Southern California,” more than 300 artists and crafters are featured, including painters, photographers, ceramicists, jewelers, sculptors, and handcrafters. There are two stages of live music: the Main Stage features top tribute bands, while the Charity Beer & Wine Garden showcases alternative, reggae, classic rock, 80s and 90s music. Enjoy acoustic music in front of the Java Man Coffee House. The Food Court offers 18 different kinds of global food options, from roasted corn to Thai, Greek, Mexican, tri-tip sandwiches and barbecued sausages. The Kiddie Carnival features a 30-foot slide, mechanical rides, rock climbing, bungee jump, and games for kids from 3 to 10 years old. Pony rides, a petting zoo, and face painters are sure to delight the little ones.


Source: https://www.discoverlosangeles.com/blog/best-labor-day-weekend-events-los-angeles

Buying Homes With Swimming Pools


By Elizabeth Weintraub | March 25, 2018

My first home had an indoor swimming pool. One cold day I turned off the dehumidifier without realizing that the walls would perspire. The dampness caused subterranean termites to crawl out of hiding and zip around the room. As a result, I paid a small fortune for pest extermination, painting and floor covering replacement.

A lesson many pool owners learn the hard way, as I did, is that proper pool maintenance is of primary importance. Of course, most pools are located outdoors, which makes taking care of them a bit easier, but you should also find out if your pool complies with federal and local pool barrier laws regarding enhanced safety regulations.

Who Buys Homes With Swimming Pools?

When it comes to buying a home with a pool, most home buyers fall into one of three camps:

  • Home Buyers Who Won’t Look at Homes Without a PoolFor these buyers, a pool is paramount because a home is not a home without a pool. Pools are very popular in warm states, where they are used year round.
  • Home Buyers Who Won’t Look at Homes With a PoolBuyers with small children are often concerned about accidental deaths by drowning. Some buyers don’t want the upkeep or expense of a pool.
  • Home Buyers Who Never Thought About a PoolIf the home has everything else a buyer desires but it also has a pool, these buyers may face a quick decision they hadn’t anticipated. Some buy the house and fill the pool with rocks.

 Should You Buy a Home With a Pool?

According to the The Association of Pool and Spa Professionals, the number of new in-ground pools in the U.S. is growing and, as of 2017, some 10.4 million homes in the United States have in-ground pools.

Studies show that most low-end and many middle-range buyers do not want a home with a pool. Higher-end homes are more likely to have pools, but some are never used. Some pools exist for decoration. If you enjoy swimming, then a pool might be right for you. But wisdom says buy a home with a pool only if you will use it. Otherwise, your sparkling pool could turn into an expensive pond for ducks. Ask Tony Soprano.

Types of Swimming Pools

If you’re planning to install a swimming pool, hire a reputable pool contractor. In California, for example, contractors who do more than $500 of work on a pool must be licensed and are required to have a swimming pool specialty classification for the license. The cost for a new pool starts around $30,000, but can easily soar past six figures, depending on desired amenities such as fountains, landscaping or decking.

  • Gunite Pools Gunite pool construction, which is achieved by spraying a mixture of concrete and sand into a pool-sized hole, is the most popular. Unlike above-ground pools, which are temporary, these in-ground pools are permanent structures. Gunite pools can be laid out in almost any shape the home owner desires and last for years. But gunite is pricey. It also doesn’t last forever.
  • Vinyl Pools Vinyl in-ground pools are generally rectangular, but other configurations are available. They are less expensive than gunite because the pools are lined with vinyl; however, the liners often need replacement after 10 years. They are popular in areas where temperatures dip below freezing and the pools are drained in the winter. To prepare for a vinyl pool, the ground is excavated and support walls are constructed from a variety of materials such as wood, steel, fiberglass or aluminum.
  • Above-Ground Pools The National Association of Realtors says above-ground pools add no value to the home because they are portable. Above-ground is an inexpensive option for a pool. Some home owners buy do-it-yourself kits and assemble their own above-ground pools. Unlike in-ground pools, which can require weeks to complete, these pools can be installed in a few days. When I am selling a home with an above-ground pool, I often ask the seller to remove it.

The Advantages of Owning a Home With a Pool

  • Many people believe pools increase the aesthetic value of their yard.
  • People who host a lot of parties utilize their pools as an entertainment center, and kids love pools.
  • Pools provide an easy way to instantly cool down on hot days.Some people use swimming pools exclusively for in-water exercises and say pools add health benefits for them.
  • Swimming pools can bring added value at resale, especially in hot climates.

The Disadvantages of Owning a Home With a Pool

  • Regular maintenance. Pools require chemicals, cleaning and over time, repair.
  • Children can drown. Drowning is the leading cause of accidental death among children ages 1 to 4, says Safekids.
  • Pool homes appeal to fewer buyers.
  • Pools consume valuable yard space, and in a small yard, they can overwhelm.
  • It might cost more to insure a home with a pool, and heating it can drive up utility bills.

Do Pools Add or Detract From the Value of a Home?

Whether a pool adds value to a home depends on where you live. According to the U.S. Consumer Product Safety Commission, the three most popular states for pool homes are California, Arizona and Florida. The National Association of Realtors says an in-ground pool adds about 7.7% more in value to the home’s market value. However, in colder climates, such as Minnesota, a pool may add no value at all.

Pam Erickson, a Realtor at Coldwell Banker Burnet in Eden Prairie, Minnesota, says, “We price the house as though the pool does not exist and hope it does not detract from the house. But it most always does. So I keep showing until that ONE buyer comes through.”

Erickson says there is a growing segment of baby boomers who pass up buying a vacation home to invest in their own back-yard paradise. They install complete pool systems boasting waterfalls, hot tubs, climbing walls and extensive landscaping. That’s a lot of money for a pool, she says, especially in an area where pools are used three months out of the year.

Credit: The Balance | TheBalance.com

Who to Notify When You Move: The Ultimate 15-Point Checklist

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By  | Jun 26, 2018

Knowing whom to notify when you move is essential to a smooth transition. We know, we know, calling up your electric company is probably the last thing on your mind while you’re throwing your life’s belongings in boxes and moving from point A to B. But trust us, if you let those notifications slide, there are consequences!

So, in an effort to help you move with minimum traumas down the road, here’s a checklist of whom to notify when you move—and how to get it done in a jiffy. Make sure to peruse this list at least a week before you move to make sure you don’t miss anyone big!

1. The post office

You knew this one, but you might not know that you don’t have to schlep to an actual post office anymore. Visit the U.S. Postal Service site to start your official change of address.

2. Your employer

Odds are your boss and immediate co-workers know that you’re moving, because you’ve been complaining about it nonstop—but what about your human resources department? Even if your paychecks get deposited directly into your bank account, you still want tax forms, retirement account statements, and other important documents sent to your new address, as these papers may contain personal information that could be used to steal your identify.

3. Utilities

Forget to file a change of address for your utilities, and guess what happens: You end up paying the electric bill for your former home’s new resident! If you prefer to pay only your own bill, you’ll need to update your address with phone, cable, and internet providers, as well as your electric and gas companies.

Depending on where you live, you may also have to notify the water department, sewer utility company, and/or garbage collector.

When transferring your electric service, make sure service at your new house starts either the morning of your move or the evening before—otherwise you might be spending your first night or two in the dark!

4. Banks, credit card issuers, and other financial institutions

Usually, you can update your mailing address for your bank, credit card issuers, investment accounts, loan providers, and other financial institutions online. Even if you use an online-only bank or credit union, this is a crucial step. Again, you don’t want sensitive information sent to your old mailing address.

5. The DMV

After moving, you may have to file a change of address with the Department of Motor Vehicles, update your car registration, or even get a new driver’s license—and some states have tight deadlines for these changes.

If you’re new to California, for example, you must register your vehicle within 20 days of moving into your new home. Generally, if you’re making an in-state move, you can submit a change-of-address request online, but requirements vary, so check with your local DMV office.

Pro tip: DMV.org/relocation provides customized guides for moving from one state to another.

6. Insurance providers

Health insurance, dental insurance, car insurance, life insurance, and homeowners insurance providers need your current address on your policy. If you don’t update these accounts, you could potentially have trouble filing a claim.

7. The IRS

Tax returns and other forms may contain sensitive information (e.g., your Social Security number), so let Uncle Sam know you’re moving. You can file a change of address with the IRS by mail and phone, or in person.

Note: It can take four to six weeks for a change of address request to fully process, so if it’s tax season and you’re waiting for your refund, keep that in mind.

8. Cellphone provider

Cellphone companies require customers to update their billing address. This is mandatory, since your primary residence determines the tax rates on your wireless bill.

9. Social Security Administration

Although the Social Security Administration announced last year that it would send fewer statements in the mail in an attempt to cut down costs, individuals who are 60 and over, who aren’t receiving benefits, and who don’t have a My Social Security account online still receive paper statements. These statements contain detailed information on your earnings and contributions you’ve paid through payroll taxes—information that should be kept private. You can submit a change-of-address application online or by calling 800-772-1213.

Also, don’t forget to update your address with Medicare, Medicaid, or any other government programs.

10. Voter registration

If you’re a registered voter, an address change is required if you want your vote counted in upcoming elections. In some states, when you update your address with the DMV, your address on your voter registration will automatically update, but contact the office of your registrar of voters to confirm.

11. Your doctor, dentist, and other health specialists

To avoid missing and falling behind on your medical bills, update your mailing address with all of your health care providers.

12. TSA Precheck/Global Entry

If you hate waiting in long lines at customs or security at the airport, you may already have a TSA Precheck or Global Entry pass that lets you take an express lane. (TSA Precheck is valid for U.S. domestic flights, while Global Entry expedites U.S. customs screening for international air travelers.) But to keep your membership valid, you’ll have to update the address on your account by calling 855-347-8371 or submitting an update request online.

13. Shopping websites

Many online shopping sites have a one-click checkout feature that lets you save time, but this could prove problematic if you forget to change your address and order something to your old house. Take a few minutes to update your address on Amazon, eBay, and other online shopping accounts.

14. Newspaper and magazine subscriptions

Don’t want your magazines or newspapers arriving on your old doorstep? (Do you still have magazine and newspaper subscriptions?) Either update your mailing address online, or call customer service and ask for an address change over the phone. Do the same for any other subscription services you have. (If your Blue Apron ingredients show up at your old house, good luck cooking dinner tonight!)

15. Family and friends

Of course, you want to share the exciting news with your relatives and close friends. But announcing the big move on Facebook won’t cut it. Some people don’t check Facebook on the reg—and (gasp) some folks aren’t on social media, period. And you really don’t want Grandma mailing your birthday and holiday gifts to your old address, do you?

Knowing whom to notify when you move is essential to a smooth transition. We know, we know, calling up your electric company is probably the last thing on your mind while you’re throwing your life’s belongings in boxes and moving from point A to B. But trust us, if you let those notifications slide, there are consequences!

So, in an effort to help you move with minimum traumas down the road, here’s a checklist of whom to notify when you move—and how to get it done in a jiffy. Make sure to peruse this list at least a week before you move to make sure you don’t miss anyone big!

Source: Realtor.com

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