Los Angeles has long attracted real estate investors and private purchasers from all over the world - and in 2021 the real estate boom is proving itself to be stronger than ever. In fact, for the last three years in a row, LA has been the top market for foreign real capital, due in large part to a strong economy rooted in a thriving entertainment industry. There is a constant demand to live in the LA area because of the great weather, beaches and the wide variety of attractions this part of California has to offer.
Bottom line – it is a seller’s market. In March, CAR reports that nearly two-thirds of homes sold in California were above asking price. There is pent-up demand for great homes, yet a shortage of properties to show eager buyers. Interest rates are at an historic low, yet despite the COVID pandemic, the brief disruption it caused may have created a window of opportunity for anyone looking to buy, sell, or invest in LA property.
DUVORA markets a number of very attractive properties under 3 million dollars, and our LIVE streaming tours are the optimum way to short-list your favorites and put in a bid without having to tour in person, if currently inconvenient for you.
737 North Fuller Avenue, West Hollywood, CA 90046
This is a totally restored and updated 1920s, 3-bedroom, 3-bathroom English-style bungalow including a complete guesthouse – in a culturally and economically robust and energetic section of the city. Listed at $2,900,000, it is minutes from the world-renowned Sunset Strip, Hollywood, Studio City and Sherman Oaks. West Hollywood is considered one of the most vibrant and exciting parts of LA. It has amazing restaurants, nightlife, hotels and shopping, and you will find its vitality palpable as you tour chic interior design stores during the day and try out its comedy clubs at night.
With updated everything, including plumbing HVAC, electrical, faux slate roof, chimney, retrofitted foundation, pool and spa with new pump and heater plus fiber optic lighting, 737 North Fuller Avenue is completely turn-key and ready for you.
Inside this hidden gem you will discover a spacious family room, refinished hardwood floors and an ultramodern kitchen with top notch appliances. A retractable glass door leads to the outdoor living space. It features 3 elegant bedrooms and 3 bathrooms with modern vanities and finishes.
The property has a stunning outdoor entertaining area including an outdoor dining patio with fireplace, pool and spa and a Magnolia Control 4 speaker/media whole house system including outdoor speakers. The house is gated and hedged for privacy and contains a variety of mature plantings.
Take a walk inside with us and see for yourself what this lovely property has to offer: https://duvora.com/properties/ca/west-hollywood/737-n-fuller-ave-west-hollywood-ca-90046
5457 Noble Avenue, Los Angeles, CA 91411
Our second property is located in the highly desirable Sherman Oaks area, renowned for its convenient access to the city, yet with an affluent, suburban tranquility prized by many wealthy Californians.
Sherman Oaks is amenity rich, beautiful, modern and with plenty of luxury shopping, upscale malls, impeccably clean streets and restaurants good enough to keep you close to home. If you want to escape, however, there is easy freeway access easy or west to the Santa Monica mountains – or further to Santa Barbara for a luxury weekend getaway.
You will find the real estate market here to be very competitive, and this listing at $1,795,000 is a rare find in Sherman Oaks. The property is a 4-bedroom, 2-bathroom gem, exquisitely updated in 2018 to give you every luxury amenity. It features a modern, open floor plan with an easy flow to dining, kitchen and living rooms. With sleek wood flooring, well-appointed bedrooms, separate laundry room and ample storage throughout, this property boasts a beautiful, updated kitchen with top-notch, stainless steel appliances, marble countertops, subway tile backsplash and well-chosen, elegant white cabinetry. The master suite has a spa bathroom with dual vanities, oversized double-headed shower and designer tile.
To complement its lovely indoor features, the property’s outdoor entertaining space makes the most of its generous 6,751 SF lost size. There is a saltwater pool, patio and mature greenery to ensure privacy when you entertain friends, or just relax with your family in the California sunshine.
Come inside and see for yourself: https://duvora.com/properties/ca/los-angeles/5457-noble-ave-los-angeles-ca-91411
3931 Coldwater Canyon, Los Angeles, CA 91604
If you are looking for a smaller, quieter neighborhood - yet with big city access - Studio City may be for you. It is in the northern part of LA, spans only 5.6 miles and is bordered by Sherman Oaks and Toluca Lake. It was originally named after the studio that silent film actor/director Mack Sennett set up here, now occupied by Universal Studios Hollywood and CBS. Although it is quiet during the day, it is considered one of the hippest places to live in LA – and with Ventura Boulevard running through the middle of it you will find plenty of cool bars, live music and chic restaurants of all kinds to keep you entertained at night.
At $1,449,000, this is a 3-bedroom, 2-bathroom beauty in a highly desirable neighborhood. A sleek circular driveway leads up to this updated home with open living floor plan and light filled contemporary interiors. The kitchen has been impeccably modernized with new flooring, stainless steel appliances and the bathrooms similarly updated with pristine, tasteful fixtures. The main suite leads to an outdoor living paradise with hot tub, BBQ and gas fire pit.
Want to walk through? Watch our LIVE tour: https://duvora.com/properties/ca/los-angeles/3931-coldwater-canyon-los-angeles-ca-91604
The LA real estate market is on a strong upward trajectory. Demand is high, the only setback being the lack of supply. At DUVORA, we understand how difficult it is for buyers to submit bids on an attractive property before it is sold. If you do not live in the immediate area – or live overseas, how can you tour a property and make a decision in time?
DUVORA is a global platform for luxury real estate tours, allowing you to step to the head of the line when you are seriously interested in a property. Our LIVE streaming home tours are fully interactive, in real-time. Click in and you can stroll through any property we list. You can ask questions and do your research on the neighborhood and best of all, you can tour our properties from anywhere in the world.