Should You Continue Renting or Should You Buy?

Should You Continue Renting or Should You Buy?
(taken from an article I just wrote for the Santa Monica Daily Press)

Several times a week someone tells me, “My friends say wait to buy because the market is going to go down this year.” I am sure these same friends were telling these same people the same thing last year. Let’s focus in on Santa Monica Condominium sales for example. Last year, when the “bubble” was bursting median sales prices went up 12.3%. The median sales price for all types of real estate in Los Angeles went up 7.3%. Yes, the number of sales went down from 8,269 in 2005 to 6,888 in Los Angeles and average days on market went up from 41 to 57 days. However, 2005 was a record year for real estate sales. The fact that the pace of sales decreased in 2006 means the market shifted from going a metaphorical 100 miles per hour, a pace that is impossible to maintain, to a more sustainable 70 miles per hour.

Let’s say for example that you didn’t listen to your friends or the media and purchased a home last year for $700,000. At the median increase in value of 7.3%, you would have enjoyed about .6% or $4,200 a month gain in equity.

Another misconception is that it is better to rent now than to own. It may be better to rent if you don’t plan on being in the same place for more than a year or two or if you just moved to Los Angeles or Santa Monica and don’t know what neighborhood will work best for you. There are also some people who can’t come up with the money every month for the mortgage, taxes and home expenses. For all the rest of you, households making a combined income of about $90,000 a year or more, it is a good business decision to buy.

Thanks to the media created “bubble” hype, and an ever increasing demand for shelter in Los Angeles, rents have increased about 12% citywide in the past year. Many rental seekers have said they see closer to a 15-20% gain on the Westside and in Santa Monica. You can buy a very nice 2br condo in a great Santa Monica neighborhood for around $700,000. This same condo will now rent for around $2,800-3,200 a month. To own it, with a 6.25% interest rate, taxes and $300 a month in dues, it will cost you approximately $4,900 a month. However, after taxes at 30% (many people pay more), your effective cost is about $3,100 a month. If you hold onto this same property for the next five years and enjoy a modest 3% or $21,000 increase in value per year, you will make over $100,000 in equity. If you sold and paid about 6% in closing costs, clearing $40,000, your effective cost of homeownership is only about $2,400, less than renting and a steal of a deal if you consider that rents will also be going up over the same period.

So, the next time a newscaster on CNN or a friend at the coffee shop tells you it’s a bad time to buy just hand them this article or have them contact me via my web-site: www.SantaMonicaSimon.com


Simon Salloom is a Realtor who specializes in Santa Monica Real Estate with Coldwell Banker Residential Real Estate Brokerage, Brentwood Court Office. He is ranked in the top 3% of Coldwell Banker agents Nationwide for sales volume.

All statistics taken from the Multiple Listing Service of the local, Beverly Hills Greater Los Angeles Association of Realtors.

November Los Angeles Real Estate and Condominium Statistics, YTD

Here are some more statistics I found on the MLS. In 2005 there were 7,773 new condo listings, of which 5,375 sold. In 2006 there are 9,723 new listings and 4,429 have sold. Therefore the number of sold listings is only down about 20%. However, the ratio of new listings to number of sales is up to over 220%. In 2005 the ratio was 140% meaning the ratio has increased. So if there were four to see in 2005 there are now six. Not huge but definitely notable.

It may also be notable that leases have gone up all over Los Angeles about 12%. I have noticed a greater increase for certain areas as high as 20%. Most of the more desirable westside areas are up around 15%.

November 2006 Statistics - YTD

Property Type New Listings Sold Listings Median Sale Price
2005 2006 2005 2006 2005 2006
Single Family 15,864 19,569 9,788 8,579 825,000 840,000
Condo 7,773 9,723 5,375 4,429 545,000 560,000
Income 4,982 5,114 2,574 1,932 750,000 780,000
Land 1,411 1,449 483 271 310,000 280,000
Lease 4,845 5,677 2,919 3,017 3,150 3,500

Simon Salloom
Santa Monica Realtor
International President's Elite
(Ranked in the top 3% of Coldwell Banker agents nationwide.)
www.SantaMonicaSimon.com

Coldwell Banker, Brentwood Court Office
11611 San Vicente Blvd.,Lobby
Los Angeles, CA 90049

(310) 749-8686 Mobile
(310) 442-1377 Direct
(866) 563-4969 Direct E-mail Fax
(310) 442-8049 Direct Fax
(310) 207-2691 Office Fax
ssalloom@gmail.com

Condominium Median Sales Prices YTD in Santa Monica, Brentwood and West Los Angeles

The following DATA is taken from our local MLS run by the Beverly Hills and Greater Los Angeles Association of Realtors.

These are year to date statistics:

Santa Monica Condominiums up 12.18%
Brentwood Condomiminums down - 2.45%
Venice Condomiminums down - 10.68%
West L.A. Condomiminums up 17.17%
Westwood Century City Condomiminums down - 4.87%
Palms Mar Vista Condomiminums up 9.07%
Marina Del Rey Condomiminums up 4.9%
Culver City Condomiminums up 7.63%
Beverly Hills Condomiminums up 10.71%
Bel Air Condomiminums up 13.04%
West Hollywood Condomiminums up 3.57%


Of the major westside neighborhoods the only ones where condos have gone down in price are Westwood and Brentwood. These are two areas with a lot of condominium conversions and new construction. I will bet that within the next 12-24 months this inventory will be absorbed and values in these areas witll be back to normal. Venice doesn't have a lot of condos. In general I am of the opinion that Venice has been over valued by overly optimistic people for a while now. In a way that is what is so wonderful about the area-- people with vision are attracted to it. Eventually, these people will be right about Venice Beach, but it is going to take a few more years, while Santa Monica is currently a safer bet.

QUESTIONS WHEN BUYING OR SELLING A CONDO IN SANTA MONICA and Surrounding areas

QUESTIONS TO ASK WHEN BUYING OR SELLING A CONDOMINIUM, PLANNED UNIT DEVELOPMENT OR CO-OP in Santa Monica California, West Los Angeles or Brentwood

• What is the amount of the Homeowner’s Association dues?
• Are they paid monthly, quarterly or semi-annually?
• Does the seller have the association documents as required by law? If so, deliver to escrow as soon as possible.
Required documents are:
• What is the name of the association, the name and address of the management company?
• Are there pending assessments? If so, the amount and when due?
• Are there any pending or recently settled lawsuits?
• Does the seller have copies of the most recent 12 months of HOA minutes? If not, escrow can order them from the association, per requirements of the CAR contract.
• Some lender’s will require a copy of the Fidelity Bond from the Homeowner’s Association and the percent of owner occupied units. Escrow will request this information from the management company.

Reserve study could be important to the buyer. Example: If the complex is in need of painting and there are insufficient funds in researve for painting, there will probably be an assessment shortly. Do the HOA dues include Earthquake Insurance?

** If there are any unpaid assessments, is the HOA financially sound?
1 CC&R’s
2 By Laws and Articles of Incorporation
3 Budget
4 Current Financial Statement
5 Reserve Study*
6 HOA statement showing unpaid
assessments in the complex**

What is an Escrow?

People are always asking WHAT IS ESCROW?

ESCROW is a service which provides the public with means of protection in the handling of funds and documents. Escrow enables the buyer and seller to transact business with each other through a neutral party, thereby minimizing their risk.

In the escrow, all parties involved give their instructions (in writing) to this neutral intermediary, the “Escrow Holder,” whose duty is to assure that no funds or property will change hands until all terms have been carried to completion. If one of the entities as shown above, has not, will not, or cannot provide the documents/reports/funds required, the Escrow Holder is unable to consummate the transaction.

All of the following parties to an Escrow in Los Angeles go through an escrow office:
SELLING
AGENT

NEW
LENDER

TITLE
COMPANY

INSURANCE
AGENT

HOME
PROTECTION
COMPANY

TERMITE
COMPANY

HOME
OWNERS
ASSOCIATION

EXISTING
LENDER

LISTING
AGENT

SELLER

BUYER


If you are buying or selling real estate with me I have several very good escrow companies located locally in Santa Monica, Brentwood and on the westside of Los Angeles that you can use.

Why is the 1031 Tax Deferred Exchange important to Real Estate Investors in Santa Monica and Brentwood?

Why is the 1031 Tax Deferred Exchange important to a Real Estate Property Investor?

An investor in real estate understands how important it is to preserve wealth and assets. In the
frequently changing world of taxation, the investor is fortunate to have IRC Section 1031. This tax
code allows the investor to exchange from one investment property to another and defer taxes on the gain. This means that a 1031 Exchange is a rollover of equity of like properties, rather than an avoidance of tax. Thus the investor continues to build wealth through real estate investment, and maintains the hard earned equity. Upon the passing through inheritance any tax liability will be limited to the gains from the date of the inheritor's acquisition, not during the years of ownership.

So, in essence the taxes that are saved now are never paid.

How to go about a 1031 Exchange and Guidelines regarding the 1031 Exchange:

• Taxpayer finds a buyer and sells the property through a Qualified Intermediary.( I have Intermediaries in the West Los Angeles Santa Monica area you can use for your 1031 Exchange)
• Taxpayer buys replacement property through the Intermediary.
• The parties may not know each other and their properties can be in different states.
• The exchange period begins on the day the relinquished property is transferred and ends on
the earlier of 180 days after or the due date (including extensions) of the tax return for the
taxable year in which the transfer of the relinquished property occurs.
• The Intermediary should be financially strong with knowledge to make the transaction hassle
and worry-free. The taxpayer's agent, broker, attorney, accountant, or family member is
excluded as an intermediary.


Calculation Example:
* (1) Tax rates vary—
ALWAYS CONSULT WITH YOUR CPA, Attorney, or Tax Advisor. Other Losses/Expenses may affect the gain.)
With a properly executed 1031 Exchange: If the tax-deferred exchange of the property was properly executed, TAX WILL BE DEFERRED and the investor will have $44,600 to use towards the purchase of
another investment property. The concept of a tax-deferred exchange is easy to understand,
however, there are many details involved in an exchange that need careful consideration. Before taking steps towards a 1031 tax-deferred exchange, please consult your CPA, attorney, or tax advisor.

The 1031 Exchange
Explained:
Current Market Value =$400,000
Loan Balance =($200,000)
Equity =$200,000
Less Selling Exp. =($28,000)
Cash to Seller =$172,000
Less Taxes on Sale (1) =($44,600)*

Calculation of Taxes on Sale:
Purchase cost of property $240,000
Add improvements $ 15,000
Subtract Depreciation ($30,000)
Adjusted basis $225,000
Current Market Value $400,000
Less Selling Expense ($28,000)
Adjusted Sale price $372,000
Less Adjusted basis ($225,000)
Gain on Sale $147,000
Est. Capital Gains Tax on Sale (1) $44,600*

"Please contact me if you are interested in doing a 1031 Exchange in Santa Monica, Brentwood or anywhere else in the Westside of Los Angeles. I can help you with the purchase of Condominiums, Houses and Multi-residential units. Thanks! Simon"

Brentwood 90049 California Condominium Sales from 1/1/2006 to 11/17/2006

1 11826 DOROTHY ST #101 2 2.50 1,604 2003 $869,000 $848,000 11/17/06
2 879 S BUNDY DR 4 3.50 3,700 1991 $1,695,000 $1,720,000 11/16/06
3 390 S SEPULVEDA #410 2 2.75 1,638 1990 $747,500 $725,000 11/16/06
4 11738 KIOWA AVE #PH2 3 2.50 1,991 2006 $1,439,000 $1,400,000 11/13/06
5 11738 KIOWA AVE #103 3 2.50 1,962 2006 $1,199,000 $1,155,000 11/07/06
6 171 N CHURCH LN #615 2 2.50 1,526 1996 $689,500 $690,000 11/07/06
7 12115 SAN VICENTE #303 1 1.00 954 1974 $515,000 $505,000 11/03/06
8 358 S BARRINGTON AVE 1 1.00 782 1954 $439,000 $430,000 11/01/06
9 530 S BARRINGTON AVE #202 2 2.00 1,400 1972 $619,000 $610,000 10/31/06
10 809 S BUNDY DR #202 2 2.00 1,239 1970 $575,000 $585,100 10/25/06
11 11670 W SUNSET #213 1 1.00 724 1956 $400,000 $390,000 10/25/06
12 171 N CHURCH LN #PH6 2 2.50 1,981 1996 $847,500 $830,000 10/24/06
13 500 S BARRINGTON AVE #2 2 2.00 1,443 1981 $630,000 $630,000 10/24/06
14 11745 MONTANA AVE #205 2 3.50 2,341 1981 $1,099,000 $1,000,000 10/23/06
15 11816 GORHAM AVE #113 2 2.00 1,175 1987 $599,000 $599,000 10/20/06
16 11847 GORHAM AVE #309 2 2.50 1,461 2002 $1,075,000 $965,000 10/17/06
17 11827 GOSHEN AVE #303 2 3.00 1,544 1986 $799,000 $750,000 10/16/06
18 11920 GOSHEN AVE #101 2 2.50 1,249 1990 $619,500 $605,000 10/16/06
19 11718 DARLINGTON AVE #9 1 1.00 713 1967 $459,000 $449,000 10/12/06
20 1000 S WESTGATE AVE #415 1 1.50 935 1971 $539,000 $520,000 10/10/06
21 368 S BARRINGTON AVE 2 2.50 1,150 1954 $599,000 $576,000 10/10/06
22 11646 CHENAULT ST #4 1 1.00 0 1960 $529,000 $515,000 10/05/06
23 11923 DARLINGTON AVE #101 2 2.50 1,680 2002 $899,000 $850,000 10/03/06
24 11863 DARLINGTON AVE #303 2 2.50 0 2005 $1,042,000 $1,010,000 10/02/06
25 12218 MONTANA AVE #108 2 2.50 1,881 1996 $1,195,000 $1,145,000 09/29/06
26 11923 DARLINGTON AVE #302 3 2.50 1,614 2002 $899,999 $866,500 09/29/06
27 12124 GOSHEN AVE #203 2 3.00 1,746 1974 $849,000 $799,000 09/29/06
28 11706 MONTANA AVE #109 2 2.00 1,318 1973 $499,000 $600,000 09/28/06
29 11855 GOSHEN AVE #304 2 2.50 1,942 1990 $869,000 $865,000 09/28/06
30 356 S BARRINGTON AVE 1 1.00 782 1954 $429,000 $420,000 09/26/06
31 1120 GRANVILLE AVE #302 2 2.50 2,266 1981 $869,000 $858,000 09/22/06
32 1000 S WESTGATE AVE #209 1 1.00 851 1971 $529,000 $525,000 09/22/06
33 11829 MAYFIELD AVE #PH302 3 3.50 1,884 1981 $879,000 $865,000 09/21/06
34 809 S BUNDY DR #308 1 1.00 1,023 1970 $469,000 $460,000 09/19/06
35 11646 CHENAULT #24 1 1.00 860 1960 $525,000 $512,000 09/15/06
36 410 S BARRINGTON AVE #209 2 2.50 1,664 1985 $739,000 $645,000 09/14/06
37 11812 GORHAM AVE #203 3 2.00 1,550 1987 $759,000 $755,000 09/13/06
38 1000 S WESTGATE AVE #410 1 1.50 920 1971 $559,000 $550,000 09/12/06
39 11828 GOSHEN AVE #1 3 2.50 1,680 1977 $765,000 $725,000 09/08/06
40 11908 DARLINGTON AVE #201 3 2.50 2,040 2004 $1,195,000 $1,187,000 09/08/06
41 11750 W SUNSET #311 1 1.00 747 1965 $429,500 $410,000 09/08/06
42 11970 MONTANA AVE #103 2 2.00 1,370 1964 $499,000 $596,000 09/01/06
43 11921 DOROTHY ST #302 3 2.50 1,870 2000 $1,248,000 $1,200,000 08/31/06
44 11750 W SUNSET #322 1 1.50 841 1965 $429,000 $420,000 08/31/06
45 11836 MAYFIELD AVE #5 2 1.75 1,037 1971 $529,000 $527,000 08/29/06
46 11965 GORHAM AVE #303 2 2.00 1,366 1969 $649,000 $780,000 08/28/06
47 11814 KIOWA AVE #101 2 2.50 1,492 1979 $875,000 $835,000 08/28/06
48 11656 MONTANA AVE #111 1 1.00 878 1969 $479,000 $455,000 08/24/06
49 11959 DOROTHY ST #3 2 2.00 1,000 1969 $650,000 $675,000 08/24/06
50 11912 GORHAM AVE #4 2 2.50 2,625 1964 $999,000 $999,000 08/23/06
51 869 S BUNDY DR 3 3.50 3,119 1989 $1,695,000 $1,752,000 08/23/06
52 11645 MONTANA AVE #133 0 1.00 0 1973 $369,000 $360,000 08/17/06
53 836 S BUNDY DR #310 2 2.00 1,207 1969 $650,000 $645,000 08/15/06
54 11730 MAYFIELD AVE #102 3 2.00 1,683 1968 $729,000 $715,000 08/15/06
55 514 S BARRINGTON AVE #101 2 2.50 1,211 1985 $660,000 $675,000 08/13/06
56 11645 MONTANA AVE #136 1 1.00 835 1973 $483,000 $471,500 08/11/06
57 11646 CHENAULT ST #5 2 1.75 1,054 1960 $635,000 $620,000 08/04/06
58 11959 DOROTHY ST #2 4 3.00 1,700 1969 $1,200,000 $1,200,000 08/02/06
59 410 S BARRINGTON AVE #305 3 2.50 2,527 1985 $1,245,000 $1,246,000 08/01/06
60 11838 KIOWA AVE #102 2 2.50 1,561 1995 $799,000 $780,000 08/01/06
61 11733 GOSHEN AVE #203 1 1.50 966 1970 $450,000 $435,000 07/31/06
62 11849 MAYFIELD AVE #105 2 2.50 1,302 1969 $625,000 $605,000 07/25/06
63 11750 W SUNSET BLVD #422 1 1.50 841 1965 $449,950 $462,500 07/24/06
64 11750 W SUNSET BLVD #215 1 1.00 722 1965 $429,000 $400,000 07/21/06
65 11901 W SUNSET BLVD #220 0 1.00 556 1950 $455,000 $430,000 07/20/06
66 11959 DOROTHY ST #6 1 1.00 800 1969 $525,000 $545,000 07/20/06
67 330 S BARRINGTON AVE #109 2 2.00 1,145 1963 $710,000 $710,000 07/18/06
68 11690 MONTANA AVE #306 2 3.00 1,858 1990 $1,000,000 $950,000 07/17/06
69 11908 DARLINGTON AVE #202 3 2.50 2,092 2004 $1,245,000 $1,211,000 07/09/06
70 1000 S WESTGATE AVE #414 1 1.50 920 1971 $559,000 $559,000 07/06/06
71 11836 MAYFIELD AVE #4 1 1.00 742 1971 $449,000 $440,000 07/06/06
72 11932 GOSHEN AVE #302 3 2.00 1,770 2002 $949,000 $930,000 07/06/06
73 1000 S WESTGATE AVE #213 1 1.50 920 1971 $544,000 $529,000 06/30/06
74 390 S SEPULVEDA #304 2 3.00 1,507 1990 $728,000 $728,000 06/30/06
75 11808 DOROTHY ST #307 3 2.50 3,380 1983 $1,390,000 $1,350,000 06/22/06
76 11808 DOROTHY ST #307 3 2.50 0 1983 $1,390,000 $1,350,000 06/22/06
77 11978 MAYFIELD AVE #3 3 3.75 3,260 2001 $1,399,000 $1,360,000 06/21/06
78 11690 MONTANA AVE #208 2 2.50 1,486 1990 $779,000 $762,000 06/21/06
79 390 S SEPULVEDA #301 3 3.00 1,930 1990 $895,000 $895,000 06/20/06
80 11863 DARLINGTON AVE #G1 2 2.50 1,721 2005 $975,000 $945,000 06/20/06
81 11954 GOSHEN AVE #203 2 2.00 1,260 1973 $579,000 $625,500 06/14/06
82 11970 MONTANA AVE #110 2 2.00 0 1964 $650,000 $650,000 06/08/06
83 1158 WELLESLEY AVE #101 2 2.50 0 2000 $785,000 $770,000 06/07/06
84 11645 MONTANA AVE #331 1 1.00 679 1973 $447,500 $447,500 06/06/06
85 11738 DARLINGTON AVE #3 2 2.00 1,230 1968 $589,000 $598,000 06/02/06
86 725 S BARRINGTON AVE #106 3 1.75 1,500 1972 $689,500 $686,000 06/01/06
87 11847 GORHAM AVE #216 2 2.00 1,397 2002 $879,000 $840,000 05/31/06
88 1000 S WESTGATE AVE #314 1 1.50 1,008 1971 $529,000 $529,000 05/31/06
89 11803 GOSHEN AVE #PH3 3 2.50 2,236 2003 $1,397,500 $1,400,000 05/31/06
90 1000 S WESTGATE AVE #210 1 1.50 1,008 1971 $539,000 $544,000 05/26/06
91 11970 MONTANA AVE #303 2 2.00 1,370 1964 $695,000 $670,000 05/26/06
92 259 S BARRINGTON AVE #E10 3 2.50 0 1959 $799,000 $791,000 05/25/06
93 289 S BARRINGTON AVE #A308 1 1.00 1,032 1959 $589,000 $589,000 05/22/06
94 11550 NEBRASKA AVE #106 1 1.00 676 1970 $475,000 $460,000 05/22/06
95 11838 DOROTHY ST #302 2 2.00 1,673 1993 $889,000 $820,000 05/21/06
96 11906 GORHAM AVE #7 1 1.00 800 1968 $549,000 $537,500 05/19/06
97 330 S BARRINGTON AVE #106 2 2.00 1,169 1963 $720,000 $715,000 05/19/06
98 11645 MONTANA AVE #225 1 1.00 826 1973 $495,000 $475,000 05/17/06
99 11932 GOSHEN AVE #101 3 2.00 1,730 2002 $899,000 $899,000 05/17/06
100 11847 GORHAM AVE #404 2 2.50 1,913 2002 $1,395,000 $0 05/17/06
101 860 S GRETNA GREEN WAY 3 3.50 3,309 1990 $1,788,000 $1,788,000 05/16/06
102 11951 MAYFIELD AVE #103 1 1.00 852 1971 $509,500 $512,500 05/16/06
103 11500 SAN VICENTE BLVD #304 2 2.50 2,101 1994 $1,525,000 $1,445,000 05/11/06
104 11828 GOSHEN AVE #7 2 2.00 1,385 1977 $599,000 $599,000 05/11/06
105 330 S BARRINGTON AVE #212 2 1.75 1,136 1963 $715,000 $696,000 05/09/06
106 11752 DOROTHY ST #104 2 2.50 1,366 1980 $774,000 $775,000 05/09/06
107 11847 GORHAM AVE #211 2 2.00 1,521 2002 $1,040,000 $1,030,000 05/05/06
108 11952 MONTANA AVE #102 3 2.00 1,805 1996 $939,000 $928,000 05/05/06
109 11645 MONTANA AVE #315 1 1.00 884 1973 $469,000 $460,000 05/04/06
110 11656 MONTANA AVE #205 1 1.00 919 1969 $515,000 $505,000 05/03/06
111 11656 MONTANA AVE #311 1 1.00 871 1969 $519,000 $515,000 05/02/06
112 11820 MAYFIELD AVE #103 3 2.00 1,422 1967 $689,000 $683,400 04/28/06
113 530 S BARRINGTON AVE #108 1 2.00 1,072 1972 $575,000 $555,000 04/28/06
114 11923 Darlington AVE #102 3 2.50 1,760 2002 $1,059,000 $1,050,000 04/26/06
115 575 S BARRINGTON AVE #201 3 2.50 1,928 1992 $925,000 $930,000 04/26/06
116 11645 MONTANA AVE #210 0 1.00 0 1973 $359,000 $364,000 04/26/06
117 750 S BUNDY DR #207 2 2.50 0 1983 $899,000 $899,000 04/25/06
118 836 S BUNDY DR #309 2 2.00 1,212 1969 $627,000 $627,000 04/20/06
119 11959 DOROTHY ST #4 2 2.50 1,135 1969 $725,000 $699,000 04/20/06
120 11706 DARLINGTON AVE #102 3 2.50 1,559 1997 $799,000 $820,000 04/20/06
121 11952 MONTANA AVE #203 2 2.50 1,485 1996 $679,000 $685,000 04/20/06
122 11965 GORHAM AVE #402 2 2.00 1,194 1969 $635,000 $630,000 04/20/06
123 1000 S WESTGATE AVE #310 1 1.50 1,008 1971 $529,000 $529,000 04/19/06
124 11959 DOROTHY ST #5 2 2.00 0 1969 $645,000 $615,000 04/19/06
125 1176 WELLESLEY AVE #PH3 3 2.50 1,705 2000 $1,029,000 $1,008,000 04/14/06
126 11920 GOSHEN AVE #402 2 2.50 1,583 1990 $699,000 $676,000 04/11/06
127 11646 CHENAULT ST #10 1 1.00 850 1960 $495,000 $481,000 04/10/06
128 11706 MONTANA AVE #111 2 2.00 1,307 1973 $729,000 $710,000 04/07/06
129 451 S BARRINGTON AVE #202 2 2.00 1,363 1963 $619,000 $603,000 04/04/06
130 11959 MAYFIELD AVE #2 2 2.50 2,264 1980 $839,000 $815,000 04/04/06
131 12222 WILSHIRE BLVD #301 2 2.00 1,358 1996 $665,000 $650,000 03/31/06
132 11807 DOROTHY ST #1 4 3.50 2,400 2001 $1,465,000 $1,480,000 03/31/06
133 622 S BARRINGTON AVE #106 2 2.00 1,136 1972 $599,000 $597,000 03/30/06
134 1000 S WESTGATE AVE #413 1 1.50 1,008 1971 $559,000 $550,000 03/30/06
135 865 S BUNDY DR 2 3.00 1,589 1974 $959,000 $959,000 03/30/06
136 11500 SAN VICENTE #224 2 2.50 2,412 1994 $1,419,000 $1,410,000 03/29/06
137 12115 SAN VICENTE #211 2 1.75 1,248 1974 $619,000 $600,000 03/29/06
138 11916 GORHAM AVE #302 3 2.50 1,956 1998 $1,195,000 $1,195,000 03/28/06
139 11645 MONTANA AVE #304 1 1.00 679 1973 $450,000 $450,000 03/24/06
140 11723 MAYFIELD AVE #1 3 3.50 2,654 2002 $1,460,000 $1,490,000 03/16/06
141 11808 DOROTHY ST #308 2 3.00 2,178 1983 $1,089,000 $985,000 03/16/06
142 265 S BARRINGTON AVE #E7 2 2.50 1,349 1959 $679,000 $695,000 03/13/06
143 11645 MONTANA AVE #336 1 1.00 835 1973 $499,000 $490,000 03/10/06
144 11752 BELLAGIO RD #4 2 3.00 1,597 1974 $599,000 $640,000 03/08/06
145 239 S BARRINGTON AVE #F3 0 1.00 340 1959 $229,000 $250,000 03/08/06
146 11706 MONTANA AVE #302 2 2.00 1,472 1973 $850,000 $820,000 03/06/06
147 11706 DARLINGTON AVE #201 3 2.50 1,642 1997 $849,000 $847,000 03/06/06
148 1158 WELLESLEY AVE #203 2 2.50 1,518 2000 $919,000 $885,000 03/06/06
149 11759 DOROTHY ST #101 3 2.50 1,794 1977 $895,000 $885,000 03/03/06
150 622 S BARRINGTON AVE #205 1 2.00 761 1972 $479,000 $479,000 03/01/06
151 11932 GOSHEN AVE #201 3 2.00 1,806 2002 $879,000 $930,000 02/28/06
152 12222 WILSHIRE BLVD. #505 2 2.00 1,350 1998 $749,000 $730,000 02/28/06
153 390 SEPULVEDA BLVD #310 2 2.00 1,253 1990 $649,000 $649,000 02/27/06
154 11803 GOSHEN AVE #303 3 2.50 0 2003 $1,250,000 $1,200,000 02/24/06
155 1000 S WESTGATE AVE #206 3 2.50 1,432 1971 $829,000 $780,000 02/24/06
156 1000 S WESTGATE AVE #220 3 3.50 2,225 1971 $995,000 $980,000 02/22/06
157 11918 DARLINGTON AVE #3 2 2.00 1,342 1964 $789,000 $779,000 02/17/06
158 1000 S WESTGATE AVE #312 1 2.00 1,008 1971 $519,000 $519,000 02/16/06
159 12222 WILSHIRE BLVD #312 2 2.00 1,394 1996 $679,000 $660,000 02/16/06
160 809 S BUNDY DR #111 2 2.00 1,357 1970 $599,000 $578,000 02/16/06
161 271 S BARRINGTON AVE #E4 2 2.50 1,349 1959 $699,000 $699,000 02/14/06
162 11750 W SUNSET #301 2 2.00 982 1965 $540,000 $510,000 02/09/06
163 11906 GORHAM AVE #7 1 1.00 0 1968 $539,000 $519,000 02/07/06
164 11928 KIOWA AVE #203 2 2.00 1,508 1974 $629,000 $629,000 02/07/06
165 11706 MONTANA AVE #104 2 2.00 1,319 1973 $649,000 $625,000 02/02/06
166 1000 S WESTGATE AVE #207 3 2.50 1,432 1971 $749,000 $743,138 02/01/06
167 11925 MAYFIELD AVE #3 2 1.75 1,330 1964 $649,000 $645,000 01/31/06
168 11982 MAYFIELD AVE #D 3 2.50 1,972 1999 $1,335,000 $1,275,000 01/27/06
169 575 S BARRINGTON AVE #108 2 2.50 1,730 1992 $779,000 $779,000 01/20/06
170 11645 MONTANA AVE #230 1 1.00 686 1973 $497,000 $475,000 01/20/06
171 1000 S WESTGATE AVE #203 2 3.00 1,504 1971 $739,000 $760,000 01/18/06
172 11912 GORHAM AVE #3 2 3.00 2,121 1964 $999,700 $1,010,000 01/12/06
173 11951 MAYFIELD AVE #206 2 1.75 1,308 1971 $629,000 $600,000 01/10/06
174 11636 MONTANA AVE #108 2 2.50 1,564 1985 $749,000 $749,500 01/09/06
175 11706 MONTANA AVE #105 2 2.00 1,309 1973 $609,000 $600,000 01/07/06
176 11952 DARLINGTON AVE #2 2 2.50 1,342 1976 $649,000 $652,000 01/06/06
177 11645 MONTANA AVE #327 1 1.00 686 1973 $439,000 $450,000 01/04/06
178 11755 MONTANA AVE #107 2 2.00 1,438 1981 $735,000 $716,500 01/04/06
179 11500 SAN VICENTE #221 2 2.50 2,659 1994 $1,575,000 $1,570,000 01/03/06


17/11: Santa Monica Condo Sales from 1/1/2006 to 11/17/2006
Category: General
Posted by: admin
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Address Beds/Baths, Sfeet, YB, List Price, Sold Price

1 837 11TH ST #10 2 1.75 0 1968 $585,000 $565,000
2 2416 34TH ST #1 2 3.00 1,409 1983 $699,000 $700,000
3 818 20TH ST #B 0 1.00 374 1947 $398,000 $405,000
4 2325 KANSAS AVE #14 1 1.00 650 1958 $439,000 $440,000
5 821 BAY ST #C1 2 1.75 1,404 1981 $749,000 $750,000
6 2022 DELAWARE AVE #3 3 2.50 1,489 1981 $629,000 $629,000
7 928 11TH ST #5 2 2.50 1,450 1981 $929,000 $925,000
8 945 21ST ST #5 3 2.50 1,392 1973 $929,000 $890,000
9 1217 YALE ST #104 2 2.50 1,995 1998 $899,000 $999,000
10 1440 23RD ST #322 2 2.00 966 1973 $574,000 $554,000
11 1013 10TH ST #6 2 2.50 1,650 1981 $880,000 $905,000
12 425 MARINE ST #3 2 1.50 1,402 1975 $849,000 $815,000
13 1254 24TH ST #2 2 2.50 0 2005 $925,000 $860,000
14 19 VILLAGE PARK WAY 2 2.50 1,504 1974 $785,000 $785,509
15 19 VILLAGE PARK WAY 2 2.50 1,504 1974 $785,000 $785,509
16 2510 ARIZONA AVE #6 2 2.50 1,216 1973 $678,000 $705,000
17 1538 BERKELEY ST #4 2 1.50 1,172 1964 $615,000 $615,000
18 1032 6TH ST #4 3 2.50 1,937 1989 $1,100,000 $1,100,000
19 937 12TH ST #211 1 1.00 861 1997 $590,000 $590,000
20 1333 19TH ST #6 2 3.00 1,569 1981 $739,000 $739,000
21 150 OCEAN PARK BLVD #321 2 2.00 1,502 1987 $929,000 $895,000
22 1138 20TH ST #2 3 3.50 1,652 1979 $819,000 $775,000
23 2309 5TH ST #2 2 2.00 916 1966 $599,000 $590,000
24 944 5TH ST #103 2 2.50 1,593 2005 $1,299,000 $1,299,000
25 37 SEA COLONY DR #37 2 2.50 1,855 1979 $1,559,000 $0
26 1040 4TH ST #112 1 1.00 1,043 1990 $529,000 $535,000
27 617 STRAND ST #3 2 2.50 0 1963 $725,000 $700,000
28 1118 21ST ST #102 2 2.50 2,315 1993 $1,398,000 $1,300,000
29 2431 3RD ST #9 1 1.00 640 1964 $489,000 $481,500
30 1824 EUCLID ST #5 3 2.75 1,410 1975 $629,000 $590,000
31 125 MONTANA AVE #306 1 1.00 984 1973 $618,500 $615,000
32 924 5TH ST #5 1 1.00 0 1961 $499,000 $475,000
33 1118 3RD ST #605 2 2.00 1,667 1982 $1,195,000 $1,050,000
34 1032 6TH ST #1 2 2.50 2,087 1989 $1,145,000 $1,154,500
35 911 21ST ST #B 1 1.00 0 1948 $549,000 $572,000
36 1021 12TH ST #101 3 2.00 1,350 1972 $639,000 $639,000
37 1419 15TH ST #1 1 1.00 588 1956 $428,000 $431,000
38 222 7TH ST #312 2 1.50 961 1974 $638,000 $656,100
39 110 OCEAN PARK BLVD #215 2 2.00 1,367 1987 $1,050,000 $975,000
40 2330 OAK ST #2 3 2.50 1,358 1980 $699,000 $695,000
41 854 18TH ST #9 2 2.00 0 1969 $1,099,000 $1,151,000
42 2433 28TH ST #M 2 1.75 1,655 1981 $750,000 $750,000
43 1318 BERKELEY ST #1 2 2.00 1,485 1967 $649,000 $675,000
44 723 PALISADES BEACH RD #324 2 2.00 1,414 1975 $1,695,000 $1,650,000
45 2721 2ND ST #217 2 2.00 854 1972 $625,000 $625,000
46 2035 4TH ST #303C 1 1.00 0 1969 $539,000 $539,000
47 2231 20TH ST #1 2 2.50 2,015 1970 $749,000 $700,000
48 201 OCEAN AVE #P1406 2 2.00 1,229 1971 $1,500,000 $1,400,000
49 202 SAN VICENTE BLVD #11 2 2.50 1,672 1982 $1,295,000 $1,265,000
50 1018 4TH ST #103 2 2.00 1,008 2000 $818,800 $818,000
51 843 17TH ST #2 2 2.50 1,510 1991 $1,098,000 $1,075,000
52 2930 NEILSON WAY #208 2 2.00 1,352 1980 $810,000 $800,000
53 201 OCEAN AVE #P906 2 2.00 1,229 1971 $1,249,000 $1,150,000
54 907 12TH ST #4 3 2.00 1,138 1976 $649,000 $680,000
55 912 6TH ST #2 2 2.00 0 1958 $619,000 $590,000
56 1118 3RD ST #401 2 2.00 1,538 1982 $874,000 $1,150,000
57 2329 KANSAS AVE #5 1 1.00 650 1958 $439,000 $439,000
58 201 OCEAN AVE #B610 2 2.00 1,216 1971 $750,000 $750,000
59 1115 N 20TH ST #2 3 3.00 1,677 1980 $873,000 $818,000
60 1427 25TH ST #5 2 1.50 1,053 1969 $609,000 $605,000
61 2930 NEILSON WAY #209 2 2.00 1,352 1980 $799,000 $799,000
62 913 18TH ST #5 3 2.50 1,489 1990 $1,025,000 $1,025,000
63 910 19TH ST #3 2 2.50 1,322 1976 $749,000 $745,000
64 2621 CENTINELA AVE #10 1 1.00 634 1958 $388,000 $425,000
65 1114 20TH ST #3 2 2.50 1,515 1980 $879,000 $879,000
66 907 LINCOLN BLVD #102 2 3.00 1,668 1989 $899,000 $894,000
67 1128 17TH ST #E 3 3.50 1,529 1987 $899,000 $875,000
68 1205 CALIFORNIA AVE 3 2.50 1,740 1982 $975,000 $975,000
69 201 OCEAN AVE #708B 2 2.00 1,228 1971 $1,195,000 $1,085,000
70 918 17TH ST #2 2 2.00 1,031 1972 $598,000 $615,000
71 939 15TH ST #8 2 2.50 1,419 1989 $899,000 $865,000
72 1019 GRANT ST #B 2 3.00 1,425 1990 $749,000 $845,000
73 1513 BERKELEY ST #8 2 2.50 1,588 2003 $1,100,000 $1,050,000
74 1212 OCEAN PARK #12 2 2.00 0 1996 $795,000 $755,000
75 535 OCEAN AVE #9C 2 2.00 1,585 1963 $1,899,000 $1,750,000
76 944 5TH ST #101 2 2.50 1,608 2005 $1,390,000 $1,370,000
77 1248 24TH ST #3 2 2.50 1,423 1995 $799,000 $800,000
78 2311 4TH ST #110 1 1.00 651 1967 $459,000 $445,000
79 2020 20TH ST #5 3 2.50 1,569 1981 $685,000 $679,000
80 1008 9TH ST #A 2 2.50 1,665 1980 $899,000 $885,000
81 2525 14TH ST #4 2 1.50 0 1963 $589,000 $578,000
82 1234 12TH ST #3 2 3.00 1,265 1979 $700,000 $660,000
83 1102 N 12TH ST #1 3 2.00 1,287 1981 $749,000 $801,000
84 1337 BERKELEY ST #6 2 1.75 1,335 1972 $599,000 $599,000
85 201 OCEAN AVE #P1807 0 1.00 515 1971 $729,000 $710,000
86 101 CALIFORNIA AVE #303 1 1.00 674 1964 $549,000 $527,611
87 1331 BERKELEY ST #4 2 1.75 1,367 1965 $717,000 $678,000
88 441 RAYMOND AVE #3 2 2.00 1,003 1971 $588,000 $588,000
89 1518 18TH ST #2 2 2.50 1,604 1991 $769,000 $831,300
90 2203 3RD ST #1 2 2.50 2,369 1999 $1,425,000 $1,445,000
91 1328 FRANKLIN ST #1 1 1.00 879 1965 $485,000 $482,000
92 1231 EUCLID ST #3 2 1.75 894 1969 $599,000 $610,000
93 1118 3RD ST #603 2 2.00 1,585 1982 $1,150,000 $1,278,000
94 1314 9TH ST #1 3 3.00 2,471 1978 $1,299,000 $1,220,000
95 1044 10TH ST #5 2 2.50 1,579 1980 $978,000 $968,000
96 854 18TH ST #4 2 2.00 0 1969 $998,000 $998,000
97 428 HILL ST #11 1 1.00 724 1973 $480,000 $463,000
98 1925 22ND ST #1 3 2.50 1,502 1991 $650,000 $655,000
99 2960 NEILSON WAY #304 2 2.00 1,305 1980 $849,000 $840,000
100 2910 NEILSON WAY #601 2 2.00 1,611 1980 $2,100,000 $2,300,000
101 1317 26TH ST #4 3 2.50 1,305 1979 $649,500 $649,500
102 2613 6TH ST #A 2 2.00 0 1976 $849,000 $859,000
103 838 16TH ST #5 2 2.50 0 2005 $1,329,000 $1,329,000
104 1139 HARVARD ST #A 3 2.50 1,981 1993 $1,129,000 $1,120,000
105 838 16TH ST #3 2 2.50 0 2005 $1,329,000 $1,329,000
106 923 17TH ST #6 4 4.00 1,958 1966 $849,000 $869,000
107 838 16TH ST #9 2 2.50 0 2005 $1,299,000 $1,310,200
108 2115 3RD ST #204 2 2.50 1,435 1991 $899,000 $930,000
109 838 16TH ST #1 2 2.50 0 2005 $1,399,000 $1,403,500
110 838 16TH ST #4 2 2.50 0 2005 $1,299,000 $1,335,200
111 838 16TH ST #8 2 2.50 0 2005 $1,349,000 $1,329,000
112 835 GRANT ST #3 2 2.50 1,608 1980 $788,000 $860,000
113 519 SAN VICENTE BLVD #D 1 1.00 679 1948 $495,000 $490,000
114 852 21ST ST #D 2 2.00 1,135 1964 $899,000 $940,000
115 1043 11TH ST #5 3 2.50 1,845 1998 $1,219,000 $1,182,500
116 2721 2ND ST #219 1 1.00 638 1972 $525,000 $530,000
117 1431 STANFORD ST #2 2 2.00 0 1976 $629,000 $634,000
118 933 15TH ST #D 2 2.50 1,717 2000 $1,295,000 $1,250,000
119 944 5TH ST #102 2 2.50 1,593 2005 $1,299,000 $1,299,000
120 822 PACIFIC ST #3 2 3.00 1,480 1992 $819,000 $825,000
121 3101 3RD ST #2 1 1.00 0 1956 $495,000 $516,000
122 946 9TH ST #C 1 1.00 744 1926 $615,000 $610,000
123 928 11TH ST #1 3 3.00 2,600 1981 $1,595,000 $1,525,000
124 2405 34TH ST #8 3 2.50 1,456 1982 $750,000 $730,000
125 2021 CALIFORNIA AVE #9 2 2.00 1,094 $625,000 $635,000
126 952 6th ST #D 2 1.00 0 1955 $675,000 $665,000
127 1544 12th ST #301 1 2.00 1,372 2002 $1,250,000 $1,220,000
128 838 16TH ST #6 2 2.50 0 2005 $1,299,000 $1,315,800
129 743 PIER AVE #4 2 2.50 1,318 1981 $699,000 $680,000
130 516 SAN VICENTE #102 2 2.00 1,279 1962 $799,000 $790,000
131 917 2ND ST #205 1 1.00 870 1972 $598,500 $609,000
132 1317 12TH ST #1 3 2.00 1,158 1973 $649,000 $649,000
133 1021 12TH ST #104 1 1.00 722 1972 $555,000 $530,000
134 122 OCEAN PARK #512 2 2.00 1,521 1987 $1,679,000 $1,555,000
135 931 10th ST #C 3 2.50 2,030 2002 $1,499,000 $1,499,000
136 2318 2ND ST #4 2 2.75 0 1990 $1,295,000 $1,189,000
137 838 16TH ST #7 2 2.50 0 2005 $1,299,000 $1,299,000
138 1128 15TH ST #2 2 2.50 1,669 1981 $899,000 $889,000
139 1527 CENTINELA AVE #A 1 1.00 486 1948 $399,000 $429,000
140 837 15TH ST #B 3 2.50 2,139 1991 $1,550,000 $1,500,000
141 1457 CENTINELA AVE #1 2 2.50 865 1997 $599,000 $599,000
142 1118 3RD ST #408 2 2.00 1,538 1982 $989,000 $1,020,000
143 2629 ARIZONA AVE 2 1.50 0 1972 $729,000 $734,000
144 1440 23RD ST #307 1 1.00 642 1973 $330,000 $357,000
145 1127 12TH ST #303 2 2.00 0 1980 $799,000 $832,500
146 2912 11TH ST #3 2 1.50 900 1963 $599,000 $579,000
147 2016 EUCLID ST #11 2 2.00 0 1977 $675,000 $675,000
148 908 6TH ST #9 1 1.00 571 1958 $549,000 $540,000
149 1236 CHELSEA AVE #7 2 2.50 1,404 1981 $749,000 $769,000
150 2620 HIGHLAND AVE 2 2.00 1,600 1988 $1,199,000 $1,199,000
151 1227 24TH ST #D 4 2.75 1,404 1975 $838,000 $829,000
152 1048 9TH ST #4 2 1.75 1,068 1969 $629,000 $645,000
153 2308 SCHADER DR #114 2 2.00 848 1972 $548,000 $553,000
154 912 17TH ST #5 3 1.75 1,086 1967 $680,000 $697,500
155 1329 YALE ST #3 2 1.50 1,319 1962 $650,000 $675,000
156 1605 WASHINGTON AVE 3 2.50 1,611 1980 $950,000 $925,000
157 1040 4TH ST #304 2 2.50 1,608 1990 $1,179,000 $1,167,000
158 1234 19TH ST #B 2 1.75 1,069 1960 $549,000 $552,000
159 311 OCEAN AVE #207 2 2.00 1,229 1979 $1,150,000 $1,105,000
160 2041 EUCLID ST #14 2 1.00 810 1955 $495,000 $495,000
161 1028 19TH ST #5 2 1.50 1,020 1947 $724,000 $710,000
162 1659 FRANKLIN ST #4 3 2.00 1,412 1963 $595,000 $605,000
163 1524 FRANKLIN ST #B 1 1.00 579 1970 $465,000 $460,000
164 55 VILLAGE PARK WAY 2 2.50 1,504 1974 $850,000 $881,000
165 1527 BERKELEY ST #5 3 2.50 1,295 1977 $695,000 $680,000
166 1318 BERKELEY ST #2 2 1.50 1,035 1967 $567,000 $528,000
167 838 16TH ST #10 2 2.50 0 2005 $1,279,000 $1,252,000
168 507 WASHINGTON AVE 3 2.00 1,858 1990 $915,000 $900,000
169 1138 16TH ST #4 2 1.75 1,103 1974 $599,000 $600,000
170 852 21ST ST #F 2 2.00 1,052 1964 $699,000 $690,000
171 838 16TH ST #2 2 2.50 0 2005 $1,329,000 $1,347,600
172 1123 11TH ST #5 3 2.50 2,137 1980 $1,175,000 $1,228,000
173 1301 FRANKLIN ST #8 2 1.00 802 1956 $499,000 $552,000
174 914 2ND ST #E 2 2.50 1,603 1978 $1,198,000 $1,198,000
175 1643 12TH ST #5 1 2.00 0 1992 $1,800,000 $0
176 1659 FRANKLIN ST #1 3 2.00 1,412 1963 $599,000 $626,000
177 128 GEORGINA AVE #8 2 2.50 2,163 1989 $1,475,000 $1,445,000
178 323 SAN VICENTE #11 2 2.50 1,890 1977 $1,595,000 $1,595,000
179 1011 EUCLID ST #C 3 3.50 1,869 1990 $1,068,000 $1,048,000
180 1338 STANFORD ST #E 3 2.50 1,868 1990 $869,000 $860,000
181 428 HILL ST #3 1 1.00 694 1973 $479,900 $479,900
182 858 12TH ST #1 2 2.00 1,486 1982 $899,000 $868,000
183 3207 COLORADO AVE #1 2 2.50 1,368 1985 $699,000 $703,000
184 1024 12TH ST #2 2 2.50 1,862 1981 $1,149,000 $1,065,000
185 122 OCEAN PARK #508 2 2.00 0 1987 $1,295,000 $1,225,000
186 1228 18TH ST #A 3 2.50 1,429 1974 $759,000 $745,000
187 801 OCEAN AVE #502 2 2.00 1,621 1977 $1,575,000 $1,550,000
188 1315 STANFORD ST #1 2 1.75 1,345 1968 $719,000 $720,000
189 2308 SCHADER DR #206 2 2.00 1,095 1972 $599,000 $610,000
190 1040 4TH ST #409 4 4.00 2,927 1990 $1,999,000 $2,190,500
191 1329 HARVARD ST #3 2 1.50 1,157 1963 $639,000 $639,000
192 1242 BERKELEY ST #6 2 2.50 1,608 1980 $785,000 $765,000
193 2615 6TH ST #H 2 1.50 0 1976 $728,000 $715,000
194 937 5TH ST #9 2 1.75 868 1960 $599,000 $616,000
195 2045 4TH ST #304B 1 1.00 699 1969 $525,000 $507,000
196 1007 EUCLID ST #4 3 2.50 1,618 $968,000 $975,000
197 1143 26TH ST #C 2 1.00 896 1948 $675,000 $681,000
198 901 10TH ST #210 2 2.00 1,380 1970 $799,000 $820,000
199 1017 PEARL ST #C 2 2.00 884 1978 $619,000 $595,000
200 1021 5TH ST #204 2 1.75 1,033 1971 $724,000 $715,000
201 101 CALIFORNIA AVE #405 1 1.00 690 1964 $599,000 $612,000
202 924 15TH ST #3 3 3.00 1,774 1979 $1,148,000 $1,131,000
203 122 OCEAN PARK #507 2 2.00 1,427 1987 $1,295,000 $1,272,000
204 910 19TH ST #3 3 2.50 1,322 1976 $939,000 $952,000
205 1128 11TH ST #208 1 1.00 656 1973 $549,000 $535,000
206 140 OCEAN PARK #629 2 2.00 1,427 1987 $1,287,000 $1,287,000
207 900 EUCLID ST #110 2 2.00 1,384 1970 $838,000 $834,000
208 838 19TH ST #3 2 2.50 1,872 2003 $1,550,000 $1,475,000
209 2663 CENTINELA AVE #304 2 2.00 1,583 1981 $659,000 $625,000
210 843 21ST ST #4 2 2.00 1,132 1963 $475,000 $510,000
211 2339 34TH ST #43 2 2.50 1,317 1982 $639,000 $630,000
212 1419 15TH ST #5 2 1.00 832 1956 $529,000 $515,000
213 844 17TH ST #104 2 2.50 1,955 2000 $1,385,000 $1,500,000
214 3002 3RD ST #203 2 2.50 1,914 1991 $1,158,000 $1,183,000
215 844 16TH ST #1 3 3.00 2,158 1969 $1,195,000 $1,200,000
216 1013 10TH ST #2 2 2.50 1,456 $899,000 $926,000
217 1234 19TH ST #E 3 2.00 1,237 1960 $649,000 $637,000
218 830 BAY ST #1 2 2.50 1,488 1992 $899,000 $930,000
219 2433 28TH ST #D 2 2.50 1,770 1981 $735,000 $725,000
220 2035 4TH ST #104C 1 1.00 699 1969 $539,000 $539,000
221 1442 YALE ST #2 3 2.50 1,547 1972 $725,000 $715,000
222 2612 MONTANA AVE #5 2 2.50 1,620 1994 $947,000 $1,000,000
223 2445 28TH ST #E 2 2.50 1,901 1981 $799,000 $820,000
224 728 LINCOLN #B 1 1.00 0 1959 $569,000 $586,000
225 1125 PICO #207 2 1.50 826 1977 $499,000 $490,000
226 1119 LINCOLN #4 1 1.00 627 1968 $479,000 $479,000
227 1248 23RD ST #4 2 2.00 1,440 1980 $699,000 $760,000
228 1434 19TH ST #101 3 2.50 1,403 1984 $722,000 $722,000
229 2920 NEILSON WAY #304 1 1.50 1,081 1980 $799,000 $775,000
230 2311 4TH ST #202 1 1.00 657 1967 $467,000 $456,500
231 933 21ST ST #6 2 2.50 1,408 1974 $899,000 $860,000
232 122 OCEAN PARK BLVD #306 2 2.00 1,487 1987 $999,000 $989,000
233 1431 STANFORD ST #3 2 2.00 0 1976 $599,000 $595,000
234 404 SAN VICENTE #206 2 2.00 1,586 1971 $929,000 $900,000
235 1524 YALE ST #3 2 1.00 879 1948 $542,000 $545,000
236 2311 SCHADER DR #102 2 2.50 1,594 1993 $784,900 $750,000
237 3019 3RD ST #304 2 2.00 1,371 1991 $998,000 $1,050,000
238 2025 4TH ST #201A 1 1.00 699 1969 $549,000 $539,000
239 1247 10TH ST #2 2 2.00 1,526 1982 $799,500 $790,000
240 943 12TH ST #3 1 1.00 782 1973 $559,000 $559,000
241 504 MONTANA AVE 2 2.50 1,183 1967 $769,000 $852,502
242 1028 19TH ST #6 1 1.00 720 1947 $549,000 $549,000
243 59 VILLAGE PARK WAY 2 1.75 1,400 1974 $883,000 $884,000
244 428 HILL ST #20 1 1.00 680 1973 $499,000 $491,000
245 3111 Broadway #C 4 2.75 1,450 2006 $779,000 $765,000
246 930 3RD ST #207 2 2.00 1,355 1963 $829,000 $829,000
247 121 STRAND ST #C 1 1.00 601 1947 $599,000 $615,000
248 1001 19TH ST #F 1 1.00 823 1958 $595,000 $622,000
249 2000 WASHINGTON AVE #2006 1 1.00 0 1931 $595,000 $630,000
250 235 OCEAN PARK BLVD #C 3 3.00 2,010 2006 $1,550,000 $1,550,000
251 235 OCEAN PARK BLVD #A 3 3.00 2,010 2006 $1,575,000 $1,550,000
252 2950 NEILSON WAY #409 2 2.00 1,370 1980 $1,099,000 $1,050,000
253 2950 NEILSON WAY #506 2 2.00 1,370 1980 $1,149,000 $1,115,000
254 1018 4TH ST #104 2 2.00 0 2000 $799,000 $841,500
255 1435 26TH ST #10 2 2.50 1,477 1980 $649,000 $705,000
256 833 OCEAN AVE #202 2 1.75 1,129 1976 $995,000 $1,040,000
257 211 CALIFORNIA AVE #404 2 2.50 1,357 1989 $1,149,000 $1,153,000
258 1133 26TH ST #B 2 1.00 896 1948 $585,000 $584,000
259 1225 WASHINGTON AVE #1 2 1.00 748 1959 $499,000 $499,000
260 1040 4TH ST #302 2 2.50 1,689 1990 $1,159,000 $1,150,000
261 1518 18TH ST #5 2 3.00 1,528 1991 $810,000 $805,000
262 939 15TH ST #9 2 2.50 1,419 1981 $885,000 $862,500
263 2627 ARIZONA AVE 3 2.50 1,323 1972 $728,000 $728,000
264 3111 Broadway #B 4 2.75 1,450 2006 $779,000 $779,000
265 832 EUCLID ST #207 2 2.00 0 1973 $788,000 $785,000
266 3003 2ND ST #3 2 2.00 893 1963 $729,000 $730,000
267 2416 34TH ST #2 2 2.50 1,406 1983 $649,000 $649,000
268 1744 10TH ST #3 2 2.00 1,022 1991 $599,000 $608,000
269 1048 3RD ST #105 3 3.50 1,821 2002 $1,278,000 $1,278,000
270 830 BAY ST #4 2 2.50 1,394 1992 $849,000 $849,000
271 2311 4TH ST #209 1 1.00 704 1967 $499,000 $521,000
272 150 OCEAN PARK BLVD #523 2 2.00 1,521 1987 $1,369,000 $1,350,000
273 801 OCEAN AVE #503 2 2.00 0 $1,695,000 $0
274 1932 WASHINGTON AVE #1932 3 2.50 1,536 1974 $975,000 $3,800
275 1253 BERKELEY ST #2 2 2.00 1,057 1972 $525,000 $525,000
276 2216 4TH ST #7 3 2.00 1,004 1962 $699,000 $755,000
277 1018 4TH ST #202 2 2.50 1,631 2000 $1,250,000 $1,238,750
278 1660 FRANKLIN ST #5 2 2.50 1,396 1980 $589,000 $621,000
279 1033 OCEAN AVE #101 2 2.00 1,400 1981 $1,595,000 $1,625,000
280 944 9TH ST #6 2 2.00 1,675 1988 $1,050,000 $1,025,000
281 1823 20TH ST #103 2 2.50 1,359 1991 $589,000 $599,000
282 235 OCEAN PARK BLVD #B 3 3.00 2,010 2006 $1,450,000 $1,450,000
283 1020 OCEAN PARK BLVD #2 2 2.00 1,075 1981 $650,000 $650,000
284 925 14TH ST #19 2 2.50 1,317 1974 $725,000 $750,000
285 2311 SCHADER DR #101 2 2.50 1,383 1993 $795,000 $787,000
286 202 SAN VICENTE BLVD #4 2 2.50 1,710 1982 $1,000,000 $1,000,000
287 1033 OCEAN AVE #104 2 2.00 1,396 1981 $1,575,000 $1,585,000
288 502 SAN VICENTE BLVD #101 2 2.00 1,792 $1,325,000 $1,325,000
289 938 LINCOLN #5 2 2.50 0 2003 $1,249,000 $1,229,000
290 849 14TH ST #6 3 2.50 2,200 2003 $1,785,000 $1,785,000
291 3111 Broadway #D 4 2.75 1,707 2006 $878,000 $875,000
292 915 12TH ST #4 2 2.50 1,750 2004 $1,299,000 $1,280,000
293 819 19TH ST #B 2 2.50 1,347 1962 $799,000 $750,500
294 1835 7TH ST #D 2 1.00 785 1958 $499,000 $499,000
295 222 7TH ST #104 2 1.50 1,191 1974 $719,000 $719,000
296 201 OCEAN AVE #P1401 2 2.00 1,235 1971 $1,560,000 $1,400,000
297 2222 6TH ST #A 2 2.00 0 1991 $1,249,000 $1,226,000
298 717 RAYMOND AVE #4 2 1.00 0 1958 $519,000 $507,500
299 1024 BAY ST #5 2 2.50 1,252 1988 $798,000 $805,000
300 1236 CHELSEA AVE #5 2 2.50 1,443 1981 $749,000 $750,000
301 912 17TH ST #6 3 1.75 1,087 1967 $709,000 $695,000
302 1108 18TH ST #9 2 2.50 1,413 1981 $879,000 $879,000
303 2325 KANSAS AVE #5 1 1.00 650 1958 $419,000 $419,000
304 450 SAN VICENTE #304 2 2.00 1,433 1980 $795,000 $805,000
305 35 SEA COLONY DR 2 3.00 1,855 1979 $2,189,000 $2,081,000
306 1322 HARVARD ST #B 2 1.50 1,444 1974 $599,000 $570,000
307 840 20TH ST #3 3 2.50 1,488 1974 $939,000 $920,000
308 1336 PRINCETON ST #4 2 2.00 1,007 1970 $525,000 $515,000
309 201 OCEAN AVE #403B 1 1.00 906 1971 $699,000 $705,000
310 2333 OAK ST #1 2 2.50 1,441 1994 $845,000 $837,500
311 1312 BERKELEY ST #6 2 2.00 1,252 1968 $562,500 $601,500
312 2910 MONTANA AVE #A 2 1.00 854 1956 $679,000 $685,000
313 2920 NEILSON WAY #501 2 2.00 0 $1,650,000 $1,550,000
314 1317 12TH ST #3 3 1.75 1,187 1973 $569,000 $591,000
315 2002 IDAHO AVE 3 2.50 2,606 2002 $1,695,000 $1,695,000
316 450 SAN VICENTE #205 2 2.00 1,323 1980 $868,000 $850,000
317 2138 STEWART ST #4 2 1.50 951 1964 $495,000 $480,000
318 603 OCEAN AVE #4S 2 2.50 1,906 1996 $3,395,000 $3,395,000
319 2721 2ND ST #104 1 1.00 614 1972 $530,000 $530,000
320 1008 6TH ST #E 1 1.00 0 1941 $529,000 $512,000
321 1014 6TH ST #B 2 1.00 0 1948 $709,000 $694,000
322 1325 CENTINELA AVE #6 2 2.50 1,991 1982 $799,000 $805,000
323 2000 WASHINGTON AVE #2004 1 1.00 0 1931 $549,000 $535,000
324 201 OCEAN AVE #1209P 2 2.50 0 1971 $2,395,000 $2,126,000
325 2045 4TH ST #103B 1 1.00 0 1969 $482,000 $475,000
326 1115 23RD ST #3 3 3.00 1,685 1978 $959,000 $960,000
327 1008 6TH ST #C 1 1.00 0 1941 $569,000 $555,000
328 1239 9TH ST #3 2 3.00 1,492 1987 $780,000 $780,000
329 844 7TH ST #8 2 1.75 857 1970 $619,000 $625,000
330 1871 10TH ST #D 2 2.50 1,671 1991 $680,000 $680,000
331 118 WADSWORTH AVE #6 1 1.00 0 1973 $999,000 $1,100,000
332 101 CALIFORNIA AVE #102 2 1.75 1,190 1964 $995,000 $1,002,500
333 118 WADSWORTH AVE #2 1 1.00 0 1973 $650,000 $700,000
334 2431 3RD ST #4 1 1.00 0 1964 $529,000 $480,000
335 1240 24TH ST #3 3 2.50 1,803 1988 $839,999 $840,000
336 833 17TH ST #4 3 2.50 2,510 1992 $1,789,000 $1,789,000
337 1427 25TH ST #2 2 1.50 1,010 1969 $635,000 $645,500
338 1239 9TH ST #5 2 3.00 1,469 1987 $759,000 $775,000
339 1228 18TH ST #B 2 2.50 1,325 1974 $675,000 $645,000
340 801 OCEAN AVE #306 2 2.50 1,772 1977 $1,195,000 $1,100,000
341 1242 9TH ST #4 2 2.00 1,114 1991 $640,000 $640,250
342 2013 21ST ST #102 2 2.50 0 2006 $725,000 $695,000
343 1144 10TH ST #10 1 1.00 0 1963 $579,000 $599,000
344 1144 10TH ST #2 1 1.00 795 1963 $579,000 $572,500
345 2013 21ST ST #104 2 2.50 0 2006 $725,000 $700,000
346 1002 4TH ST #4 2 1.50 1,246 1979 $799,000 $822,000
347 944 9TH ST #3 2 2.00 1,210 1988 $769,000 $765,000
348 1172 CENTINELA AVE #1 3 2.50 2,000 1980 $899,000 $915,000
349 1435 26TH ST #2 2 2.50 1,576 1980 $649,000 $646,000
350 925 14TH ST #23 3 2.50 1,338 1974 $749,500 $742,500
351 2621 CENTINELA AVE #16 1 1.00 647 1958 $388,000 $390,000
352 820 CALIFORNIA AVE #202 2 2.00 1,170 1980 $738,000 $734,000
353 2022 DELAWARE AVE #7 3 2.50 1,489 1981 $597,500 $595,000
354 1010 19TH ST #2 2 2.50 1,526 1963 $899,000 $910,000
355 2311 4TH ST #217 1 1.00 702 1967 $439,000 $435,500
356 1114 PRINCETON ST #8 2 2.50 1,614 1992 $998,000 $990,500
357 908 20TH ST #A 3 2.50 1,634 1974 $869,000 $869,000
358 3219 COLORADO AVE #10 2 2.00 925 1974 $549,000 $527,000
359 1453 PRINCETON ST 1 1.00 0 1922 $759,000 $740,000
360 848 EUCLID ST #A 1 1.00 620 1953 $539,000 $533,000
361 515 N OCEAN AVE #508-N 2 2.50 1,900 1976 $1,825,000 $1,725,000
362 1239 9TH ST #1 3 3.00 1,696 1987 $799,000 $818,000
363 846 21ST ST #1 3 2.50 1,932 2001 $1,435,000 $1,365,000
364 3208 COLORADO AVE #2 2 2.50 1,438 1984 $649,000 $620,000
365 2343 OAK ST #4 2 1.00 702 1948 $499,000 $517,000
366 270 PALISADES BEACH RD #401 3 3.00 2,017 1995 $1,999,999 $1,999,999
367 1447 Stanford ST #G 2 2.00 1,008 1953 $619,000 $620,000
368 320 PACIFIC ST #1 2 2.00 1,189 1974 $828,000 $820,000
369 1018 2ND ST #1 3 2.50 1,940 1993 $1,299,000 $1,325,000
370 948 20TH ST #G 1 1.00 0 1948 $498,000 $490,000
371 927 20TH ST #C 2 1.00 1,100 1952 $699,000 $690,000
372 1544 12TH ST #202 1 2.00 1,448 2002 $1,175,000 $1,080,000
373 125 MONTANA AVE #304 1 1.00 972 1973 $629,000 $615,000
374 110 OCEAN PARK BLVD #405 1 1.50 1,178 1987 $1,099,000 $1,050,000
375 201 OCEAN AVE #1208B 2 2.00 1,228 1971 $1,495,000 $1,375,000
376 1447 Stanford ST #E 3 2.75 1,250 1953 $715,000 $700,000
377 212 MARINE ST #204 1 1.50 1,635 2006 $1,325,000 $1,300,000
378 1252 11TH ST #107 3 2.00 1,266 1973 $675,000 $665,000
379 1127 10TH ST #101 2 1.75 1,119 1971 $738,000 $728,000
380 958 18TH ST #5 2 1.75 1,481 1969 $790,000 $790,000
381 1420 PRINCETON ST #C 2 2.50 1,477 1991 $699,000 $691,500
382 1255 10TH ST #106 1 1.00 959 1970 $529,000 $524,000
383 1102 12TH ST #5 3 2.50 2,600 1981 $1,399,000 $1,343,000
384 924 5TH ST #6 1 1.00 618 1961 $489,000 $489,000
385 1039 GRANT ST #4 2 3.00 1,692 1981 $789,000 $783,000
386 2663 CENTINELA AVE #104 2 3.00 1,366 1981 $599,000 $595,000
387 1218 9TH ST #12 3 3.00 1,444 1975 $798,000 $770,000
388 1621 CENTINELA AVE #C 1 1.00 0 1950 $399,000 $418,000
389 1843 10TH ST #7 2 1.00 789 1978 $475,000 $489,000
390 516 SAN VICENTE #104 2 1.75 1,535 1962 $825,000 $822,000
391 1427 25TH ST #3 2 1.50 955 1969 $619,000 $615,000
392 911 21ST ST #A 2 1.00 714 1948 $599,000 $599,000
393 918 17TH ST #4 2 2.00 1,030 1972 $625,000 $612,000
394 1528 BERKELEY ST #4 3 2.00 1,294 1972 $575,000 $575,000
395 150 OCEAN PARK #418 2 2.00 0 1987 $1,050,000 $1,025,000
396 2106 NEILSON WAY 2 2.50 0 1979 $1,100,000 $1,100,000
397 1432 YALE ST #3 2 2.00 1,048 1962 $599,000 $599,000
398 2234 VIRGINIA AVE #2 2 1.00 869 1964 $475,000 $475,000
399 2677 CENTINELA AVE #401 2 3.00 1,777 1980 $699,000 $685,000
400 1530 18TH ST #3 2 1.50 1,014 1964 $599,000 $590,000
401 520 MONTANA AVE #301 2 2.00 1,372 1964 $798,000 $779,008
402 923 20TH ST #B 2 2.50 0 2006 $1,565,000 $1,525,000
403 1301 FRANKLIN ST #1 2 1.50 0 1956 $619,000 $631,000
404 8 SEA COLONY DR 3 2.50 2,315 1979 $2,495,000 $2,655,000
405 38 VILLAGE PARK WAY 3 2.50 1,504 1974 $875,000 $825,000
406 1114 PRINCETON ST #6 3 2.50 1,595 1992 $1,025,000 $999,000
407 1532 BERKELEY ST #1 3 2.50 1,512 1971 $730,000 $715,000
408 1320 PRINCETON ST #210 2 2.00 1,341 1972 $599,000 $595,000
409 937 12TH ST #208 1 1.00 805 1997 $659,000 $640,000
410 1144 10TH ST #6 1 1.00 795 1963 $589,000 $589,000
411 1420 PRINCETON ST #D 2 2.50 1,477 1991 $685,000 $650,000
412 1544 12TH ST #304 1 2.00 1,409 2002 $1,395,000 $1,389,000
413 948 16TH ST #105 2 1.50 900 1991 $799,000 $775,000
414 848 EUCLID ST 1 1.00 718 1953 $569,000 $569,000
415 2628 KANSAS AVE #10 2 1.50 953 1972 $475,000 $445,000
416 124 IDAHO AVE #602 3 2.50 2,257 1980 $1,999,000 $1,949,000
417 1508 BERKELEY ST #C 2 1.75 1,339 1980 $699,000 $680,000
418 1527 STANFORD ST #4 3 2.00 1,292 1971 $619,000 $625,000
419 1051 12TH ST #1 3 2.50 2,000 1981 $1,029,000 $1,060,000
420 1118 3RD ST #308 2 2.00 1,538 1982 $998,000 $1,070,000
421 201 OCEAN AVE #1908B 2 2.00 1,228 1971 $1,680,000 $1,590,000
422 1135 26TH ST #A 1 1.00 640 1948 $489,000 $460,000
423 818 18TH ST #B 3 2.50 1,889 1981 $1,049,000 $1,049,000
424 2203 3RD ST #4 2 2.50 2,366 1999 $1,495,000 $1,440,000
425 1314 CALIFORNIA AVE #1 3 3.50 1,855 1989 $1,095,000 $978,000
426 1528 Princeton ST #4 2 2.50 1,200 2006 $799,000 $799,000
427 1707 WASHINGTON AVE 2 1.00 784 1948 $598,000 $570,000
428 954 14TH ST #3 2 3.00 1,811 2001 $1,189,000 $1,189,000
429 2911 4TH ST #112 3 2.50 0 1979 $739,000 $710,000
430 922 14TH ST #203 1 1.00 811 1974 $549,000 $535,000
431 1431 STANFORD ST #5 1 1.00 0 1976 $419,000 $410,000


17/11: Santa Monica Single Family Home Sales from 1/1/2006-11/17/2006
Category: General
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Simon Salloom
(310) 749-8686, SantaMonicaSimon.com
Coldwell Banker, International President's Elite


Last Run: 11/17/2006 at 4:54:31 PM Status: Sold Sold Date: 1/1/2006 or later Areas:

Santa Monica Single Family Home Sales from 1/1/2006-11/17/2006

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Address Beds/Baths, Sfeet, Lot, YB, List Price, Sale Price, Sold Date

1. 630 ASHLAND AVE 2 1.75 1,410 1,920 1921 $1,140,000 $1,115,000 11/16/06
2. 450 N LINCOLN 3 2.00 1,260 7,500 1951 $1,749,000 $1,605,000 11/09/06
3. 2111 PIER AVE 2 1.00 1,470 7,000 1938 $1,025,000 $970,000 11/09/06
4. 557 15TH ST 6 8.00 7,196 7,496 1991 $3,450,000 $3,350,000 11/09/06
5. 620 17TH ST 2 2.00 1,532 7,500 1940 $1,995,000 $1,860,000 11/06/06
6. 2602 25TH ST 4 2.00 1,838 6,936 1940 $1,250,000 $1,215,000 11/02/06
7. 2447 18TH ST 2 1.50 1,331 6,450 1944 $985,000 $925,000 11/01/06
8. 2335 33RD ST 2 2.00 0 6,400 1938 $1,149,000 $1,154,000 10/31/06
9. 152 HART AVE 4 3.50 2,800 2,357 1925 $2,599,000 $2,560,000 10/31/06
10. 1047 BERKELEY ST 3 2.50 3,184 9,000 1928 $2,099,000 $2,000,000 10/27/06
11. 3317 PEARL ST 3 2.00 1,912 5,250 1929 $1,299,000 $1,285,000 10/24/06
12. 2018 6TH ST 2 1.00 869 4,456 1913 $949,000 $949,000 10/23/06
13. 713 BAY ST 2 1.75 1,176 3,877 1894 $899,000 $860,000 10/20/06
14. 1006 BROADWAY 1 1.00 549 1,451 1924 $585,000 $570,000 10/20/06
15. 3013 PROSPECT AVE 3 2.00 2,248 7,500 1949 $1,300,000 $1,265,000 10/19/06
16. 416 17TH ST 3 2.00 2,059 7,500 1947 $2,095,000 $2,042,000 10/18/06
17. 2268 30TH ST 5 4.50 4,492 8,999 1997 $1,789,000 $1,810,000 10/17/06



p. 1
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ADDRESS BR BA SF LSZ YB LP SP SD
18. 1702 SAN VICENTE 5 2.75 2,843 14,453 1948 $2,695,000 $2,565,000 10/12/06
19. 633 24TH ST 5 6.50 6,000 8,700 2006 $4,595,000 $4,495,000 10/12/06
20. 1034 24TH ST 3 2.00 1,626 6,118 1951 $1,595,000 $1,525,000 10/11/06
21. 517 LINCOLN BLVD 5 4.50 3,920 7,500 1985 $3,195,000 $3,000,000 10/04/06
22. 540 STASSI LN 4 3.50 4,210 7,100 2002 $3,495,000 $3,475,000 10/02/06
23. 2727 11TH ST 2 3.00 2,279 5,950 1944 $1,849,000 $1,775,000 09/29/06
24. 216 W CHANNEL RD 3 2.00 0 5,445 1928 $1,395,000 $1,395,000 09/29/06
25. 2512 2ND ST 2 1.00 1,040 3,746 1921 $995,000 $900,000 09/29/06
26. 1255 24TH ST 3 1.00 1,148 5,305 1924 $999,999 $970,000 09/27/06
27. 1734 PINE ST 4 2.00 1,788 6,500 1942 $1,388,000 $1,340,000 09/26/06
28. 2440 25TH ST 3 2.00 1,695 6,811 1940 $1,295,000 $1,235,000 09/22/06
29. 211 24TH ST 3 2.50 2,485 8,698 1939 $2,899,000 $2,775,000 09/22/06
30. 3015 BENTLEY CT 2 1.50 1,035 2,117 1961 $849,000 $825,000 09/21/06
31. 415 MESA RD 5 3.50 4,287 10,946 $4,695,000 $4,550,000 09/19/06
32. 1140 SAN VICENTE BLVD 2 1.50 1,652 9,630 1951 $1,890,000 $1,800,000 09/19/06
33. 716 11TH ST 3 3.00 1,668 7,500 1941 $2,149,000 $2,112,000 09/14/06
34. 1453 PRINCETON ST 1 1.00 0 2,470 1922 $759,000 $740,000 09/14/06
35. 502 RAYMOND AVE 5 4.50 2,411 6,900 1913 $1,995,000 $1,945,000 09/13/06
36. 714 16TH ST 5 4.50 4,100 7,500 2006 $3,795,000 $3,695,000 09/13/06
37. 2518 7TH ST 5 6.00 5,185 11,996 1954 $2,950,000 $2,700,000 09/12/06
38. 3315 17TH ST 4 3.00 2,067 5,000 1944 $1,495,000 $1,450,000 09/08/06
39. 322 21ST ST 2 2.00 1,828 8,940 1940 $2,295,000 $2,395,000 09/08/06
40. 3030 PAULA DR 2 2.00 1,443 6,277 1956 $999,000 $1,050,000 09/08/06
41. 1047 PACIFIC ST 3 1.75 1,365 6,499 1930 $1,125,000 $1,115,000 09/06/06
42. 3117 17TH ST 2 1.00 1,076 5,145 1938 $939,000 $940,000 09/07/06
43. 1117 S PACIFIC ST 2 1.50 1,308 6,000 1947 $1,120,000 $1,075,000 09/07/06

p. 2
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ADDRESS BR BA SF LSZ YB LP SP SD
44. 2019 NAVY ST 4 3.50 0 7,000 2001 $1,895,000 $1,895,000 09/01/06
45. 429 21ST PL 3 1.75 1,758 7,600 1941 $2,095,000 $2,095,000 09/01/06
46. 1510 SAN VICENTE BLVD 4 4.50 4,111 10,200 $3,780,000 $3,700,000 08/31/06
47. 2206 MARINE ST 3 1.50 1,282 7,000 1947 $1,099,000 $1,075,000 08/30/06
48. 206 24TH ST 5 4.00 2,992 8,700 1936 $2,495,000 $2,460,000 08/29/06
49. 1776 BRYN MAWR AVE 3 1.75 0 7,076 1942 $1,199,000 $1,100,000 08/25/06
50. 1616 HILL ST 2 1.00 991 7,050 1938 $850,000 $927,500 08/24/06
51. 420 ALTA AVE 4 5.00 4,797 8,750 2003 $5,595,000 $0 08/21/06
52. 351 AMALFI DR 2 1.00 1,013 4,748 1954 $1,369,000 $1,339,000 08/18/06
53. 2655 31ST ST 5 3.50 3,001 6,000 1975 $1,749,000 $1,759,000 08/18/06
54. 470 18TH ST 5 3.50 3,618 8,940 1940 $3,395,000 $3,227,500 08/18/06
55. 441 7TH ST 2 2.50 1,639 7,500 1922 $1,599,000 $1,580,000 08/18/06
56. 2636 34TH ST 4 2.00 1,434 9,600 1938 $1,149,000 $1,160,000 08/17/06
57. 1214 MARINE ST 2 2.00 1,418 5,100 1950 $1,099,000 $1,099,000 08/16/06
58. 1035 FRANKLIN ST 6 5.50 5,295 9,750 2006 $3,950,000 $0 08/14/06
59. 729 NAVY ST 3 2.00 1,272 1,999 1910 $1,189,000 $1,131,500 08/11/06
60. 211 11TH ST 4 3.00 3,144 7,500 1924 $3,090,000 $3,050,000 08/10/06
61. 2321 WASHINGTON AVE 2 1.00 1,214 4,750 1926 $1,350,000 $1,215,000 08/08/06
62. 2315 HILL ST 3 2.00 1,718 7,000 1927 $1,450,000 $1,450,000 08/07/06
63. 537 LINCOLN 5 4.50 4,300 7,500 2004 $3,500,000 $3,400,000 08/02/06
64. 2237 21ST ST 2 1.75 1,248 6,747 1941 $999,999 $975,000 08/02/06
65. 1633 SUNSET AVE 3 2.50 1,558 6,068 1936 $1,200,000 $1,200,000 07/31/06
66. 951 22ND ST 4 4.50 4,000 8,000 2006 $2,999,000 $2,950,000 07/28/06
67. 435 HILLSIDE LN 2 1.00 0 5,140 1955 $1,395,000 $1,350,000 07/19/06
68. 1060 HARVARD ST 2 1.00 1,388 7,900 1936 $1,499,000 $1,430,000 07/18/06
69. 1029 CENTINELA AVE 3 2.00 1,939 7,500 1936 $1,549,000 $1,517,000 07/18/06


p. 3
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ADDRESS BR BA SF LSZ YB LP SP SD
70. 2004 PIER AVE 5 4.00 2,924 7,000 1927 $1,649,000 $1,624,000 07/14/06
71. 558 STASSI LN 3 1.75 1,633 13,120 1947 $1,645,000 $1,600,000 07/14/06
72. 1343 PALISADES BEACH RD 4 4.50 2,641 2,500 1998 $3,995,000 $3,945,000 07/14/06
73. 1643 DEWEY ST 4 3.00 2,079 6,250 1944 $1,395,000 $1,395,000 07/13/06
74. 2312 CALIFORNIA AVE 2 1.00 0 5,060 1924 $1,450,000 $1,391,340 07/12/06
75. 1207 CEDAR ST 2 1.00 900 6,750 1948 $1,150,000 $1,100,000 07/12/06
76. 903 18TH ST 3 2.00 2,002 5,070 1922 $1,795,000 $1,695,000 06/30/06
77. 2920 10TH ST 2 1.00 1,070 3,398 1946 $795,000 $800,000 06/30/06
78. 411 LINCOLN BLVD 5 6.50 6,707 7,500 2006 $2,095,000 $2,095,000 06/30/06
79. 3121 17TH ST 2 1.00 920 5,040 1938 $895,000 $888,000 06/29/06
80. 100 ESPARTA WAY 4 3.00 3,447 7,600 $2,695,000 $0 06/27/06
81. 1643 BRYN MAWR AVE 2 1.00 1,308 5,995 1940 $999,000 $1,100,000 06/22/06
82. 2321 26TH ST 3 2.00 1,534 7,497 1939 $1,299,000 $1,300,000 06/20/06
83. 1912 WARWICK AVE 3 1.00 1,229 5,528 1947 $769,000 $765,000 06/19/06
84. 212 24TH ST 3 3.50 0 8,700 1940 $2,495,000 $2,300,000 06/16/06
85. 1649 HILL ST 4 3.50 2,990 7,050 1940 $1,829,000 $1,880,000 06/16/06
86. 1013 WILSON PL 3 2.00 1,518 4,639 1947 $999,000 $1,035,000 06/16/06
87. 668 SAN LORENZO ST 3 3.50 3,162 7,800 1929 $3,185,000 $3,300,000 06/15/06
88. 739 KINGMAN AVE 4 4.00 0 7,884 1933 $2,989,000 $2,925,000 06/15/06
89. 561 STASSI LN 4 3.00 2,974 12,640 1949 $2,199,000 $2,100,000 06/15/06
90. 2339 ASHLAND AVE 2 2.00 0 7,000 1938 $1,129,000 $1,131,000 06/14/06
91. 107 W CHANNEL RD 5 4.00 2,000 2,265 1915 $1,799,500 $1,300,000 06/13/06
92. 943 24TH ST 7 6.50 5,576 8,000 1992 $2,850,000 $2,800,000 06/12/06
93. 606 ALTA AVE 4 2.50 2,336 8,750 1924 $3,795,000 $0 06/09/06
94. 557 9TH ST 5 4.50 4,459 7,500 1992 $3,250,000 $3,150,000 06/09/06
95. 439 16TH ST 5 4.50 0 7,500 $3,749,000 $3,725,000 06/09/06


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ADDRESS BR BA SF LSZ YB LP SP SD
96. 1710 ASHLAND AVE 3 3.00 2,317 7,000 1936 $1,429,000 $1,429,000 06/08/06
97. 717 7TH ST 3 1.75 0 7,450 1927 $1,649,500 $1,540,000 06/08/06
98. 621 20TH ST 3 2.75 2,782 8,940 1933 $2,795,000 $2,790,000 06/07/06
99. 319 AMALFI DR 3 3.00 2,882 6,500 1954 $2,595,000 $2,400,000 06/07/06
100. 348 SYCAMORE RD 3 3.00 0 0 1955 $1,735,000 $1,775,000 06/07/06
101. 1769 BRYN MAWR AVE 4 2.00 2,234 6,769 1950 $1,575,000 $1,560,000 06/06/06
102. 625 25TH ST 6 5.00 3,636 8,700 1987 $3,250,000 $3,352,000 06/01/06
103. 611 GRANT ST 1 1.00 761 1,651 1925 $699,000 $755,000 06/01/06
104. 2325 32ND ST 2 1.50 1,216 9,600 1936 $1,025,000 $1,026,000 06/01/06
105. 3024 ARIZONA AVE 2 1.00 0 2,871 1923 $948,000 $970,000 06/01/06
106. 339 18TH ST 5 4.50 4,866 8,940 1950 $3,795,000 $3,765,000 05/26/06
107. 2820 2ND ST 3 1.00 1,057 3,741 1912 $950,000 $950,000 05/25/06
108. 287 AMALFI DR 2 1.75 1,530 4,312 1954 $1,695,000 $1,733,000 05/24/06
109. 1131 S Hill ST 3 3.00 2,300 7,000 1944 $1,582,000 $0 05/24/06
110. 1351 SUNSET AVE 2 2.00 2,216 6,469 1958 $1,328,000 $1,448,000 05/23/06
111. 421 SAGE LN 3 2.00 0 5,793 1924 $1,725,000 $1,705,000 05/23/06
112. 1011 6TH ST 3 1.00 1,250 7,497 1922 $1,535,000 $1,780,000 05/22/06
113. 705 SAN LORENZO ST 3 2.00 2,184 7,318 1939 $2,358,000 $2,410,000 05/19/06
114. 1213 CEDAR ST 2 2.00 1,406 6,750 1934 $1,349,000 $1,398,000 05/19/06
115. 834 MAPLE ST 4 3.00 2,167 6,621 1933 $1,199,000 $1,200,000 05/18/06
116. 2504 BEVERLY AVE 3 1.75 1,658 3,044 1923 $1,299,000 $1,300,000 05/18/06
117. 513 7TH ST 4 4.00 3,034 7,500 1911 $2,895,000 $2,895,000 05/18/06
118. 451 EUCLID ST 4 4.50 2,800 7,500 1941 $2,695,000 $2,432,500 05/18/06
119. 705 SAN LORENZO ST 3 2.00 2,184 7,318 1939 $2,358,000 $2,410,000 05/17/06
120. 433 20TH ST 3 2.00 2,000 8,940 1924 $2,200,000 $2,280,000 05/12/06
121. 642 NAVY ST 3 2.00 1,136 1,999 1946 $999,000 $1,050,000 05/12/06


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ADDRESS BR BA SF LSZ YB LP SP SD
122. 634 NAVY ST 3 2.50 1,920 3,602 1965 $1,369,000 $1,405,100 05/11/06
123. 609 12TH ST 5 8.00 6,400 7,500 2006 $4,500,000 $4,500,000 05/10/06
124. 359 SYCAMORE RD 4 3.50 0 6,760 1923 $1,950,000 $0 05/09/06
125. 2216 HILL ST 3 1.75 2,158 7,000 1926 $1,595,000 $1,640,000 05/09/06
126. 905 CENTINELA AVE 3 2.00 2,211 22,676 1947 $3,095,000 $0 05/05/06
127. 315 PALISADES AVE 4 3.50 3,629 17,500 1924 $5,650,000 $5,525,000 05/04/06
128. 915 CENTINELA AVE 4 4.50 4,287 7,387 1964 $2,095,000 $1,965,000 05/04/06
129. 915 CENTINELA AVE 4 4.50 4,287 7,387 1964 $2,095,000 $1,965,000 05/03/06
130. 427 SYCAMORE RD 3 3.00 2,859 5,270 1960 $3,189,000 $0 05/03/06
131. 365 24TH ST 2 1.75 2,005 8,700 $2,350,000 $2,337,500 05/03/06
132. 256 18TH ST 5 3.00 3,203 8,940 1947 $2,695,000 $0 05/01/06
133. 214 18TH ST 3 3.00 2,578 8,940 1947 $2,750,000 $2,950,000 04/28/06
134. 1320 PEARL ST 2 1.75 0 5,080 1937 $1,249,000 $1,270,000 04/28/06
135. 2621 11TH ST 4 3.50 2,620 5,750 1942 $1,260,000 $1,255,000 04/28/06
136. 2101 LA MESA DR 4 3.00 3,871 15,740 1924 $6,250,000 $0 04/26/06
137. 854 23RD ST 5 4.50 4,272 8,000 2006 $3,295,000 $3,500,000 04/25/06
138. 2264 22ND ST 2 1.00 1,082 6,750 1929 $899,000 $1,025,000 04/25/06
139. 1732 BRYN MAWR AVE 2 1.00 1,082 5,467 1942 $899,000 $1,101,088 04/24/06
140. 1309 PACIFIC ST 3 2.00 1,372 6,000 1927 $1,100,000 $940,000 04/21/06
141. 453 14TH ST 5 5.50 4,665 7,810 2000 $4,197,000 $3,100,000 04/21/06
142. 1502 HILL ST 3 1.00 0 6,787 1939 $1,265,000 $1,265,000 04/19/06
143. 612 PICO PL 3 1.75 1,353 3,973 1939 $824,750 $875,000 04/19/06
144. 2414 7TH ST 3 2.00 1,378 7,998 1938 $1,499,000 $1,395,000 04/19/06
145. 402 ALTA AVE 4 2.50 2,676 6,900 1969 $2,100,000 $2,050,000 04/18/06
146. 2308 CALIFORNIA AVE 2 2.00 1,181 5,060 1926 $1,349,000 $1,330,000 04/14/06
147. 408 E RUSTIC RD 3 2.00 1,658 6,403 1948 $1,800,000 $1,762,500 04/14/06

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ADDRESS BR BA SF LSZ YB LP SP SD
148. 324 EUCLID ST 5 5.00 4,385 7,500 2003 $3,895,000 $3,895,000 04/14/06
149. 424 14TH ST 6 6.50 6,000 7,500 2005 $3,750,000 $3,725,000 04/12/06
150. 303 15TH ST 3 2.00 0 7,500 1938 $2,150,000 $2,430,000 04/11/06
151. 3008 DELAWARE AVE 2 1.00 1,011 6,500 1939 $769,000 $769,000 04/07/06
152. 1034 HARVARD ST 2 2.00 0 7,875 1940 $1,529,000 $1,493,000 04/07/06
153. 2721 WASHINGTON AVE 2 1.50 1,207 7,050 1941 $1,548,000 $1,548,000 04/06/06
154. 1309 ARIZONA AVE 2 1.00 0 2,496 1923 $799,000 $815,000 04/06/06
155. 1741 MAPLE ST 3 2.00 0 7,800 1941 $1,295,000 $1,300,000 04/05/06
156. 2933 GLENN AVE 3 1.75 0 5,888 1956 $1,275,000 $1,267,000 04/05/06
157. 2320 IDAHO AVE 3 3.00 2,080 4,750 1926 $1,399,000 $1,335,000 04/04/06
158. 380 MESA RD 3 3.50 0 8,102 1955 $1,899,000 $1,895,000 04/03/06
159. 338 E RUSTIC RD 2 1.00 0 6,011 1946 $1,765,000 $1,600,000 04/03/06
160. 322 19TH ST 4 3.50 3,897 8,940 1927 $3,595,000 $3,650,000 03/31/06
161. 386 ENTRADA DR 2 1.00 0 7,797 1947 $1,075,000 $1,025,000 03/31/06
162. 2519 31ST ST 3 1.75 1,176 6,000 1939 $999,000 $1,001,000 03/31/06
163. 2430 PIER AVE 2 1.00 1,042 7,000 1939 $969,000 $925,000 03/30/06
164. 233 21ST PL 3 3.75 2,849 7,600 1927 $3,149,000 $3,225,000 03/30/06
165. 236 W CHANNEL RD 3 3.00 2,042 3,615 1932 $2,150,000 $2,300,000 03/30/06
166. 322 11TH ST 3 2.00 1,918 7,500 1923 $2,350,000 $2,300,000 03/28/06
167. 658 ASHLAND AVE 4 2.00 1,912 5,497 1914 $1,999,000 $1,825,000 03/27/06
168. 427 9TH ST 3 2.75 2,045 7,500 1924 $2,195,000 $0 03/24/06
169. 3218 COLORADO AVE 3 2.00 1,168 5,158 1939 $895,000 $0 03/24/06
170. 2930 COLORADO AVE #A-15-A 1 1.00 0 0 1987 $150,000 $150,000 03/24/06
171. 443 LINCOLN BLVD 3 2.00 1,578 7,500 1920 $1,995,000 $1,930,000 03/23/06
172. 539 11TH ST 4 4.50 0 7,500 2005 $3,395,000 $3,150,000 03/22/06
173. 424 16TH ST 3 3.00 1,716 7,500 1948 $2,050,000 $1,875,000 03/21/06


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ADDRESS BR BA SF LSZ YB LP SP SD
174. 2658 32ND ST 3 1.75 1,480 6,000 1965 $995,000 $995,000 03/17/06
175. 616 19TH ST 4 2.00 2,154 8,940 1927 $2,350,000 $2,260,000 03/17/06
176. 301 MARGUERITA AVE 3 2.00 0 11,130 1971 $2,995,000 $2,855,000 03/16/06
177. 3025 LINDA LN 3 2.75 1,928 7,897 1956 $995,000 $1,308,000 03/15/06
178. 341 23RD ST 3 3.50 3,641 8,700 1920 $3,100,000 $3,339,225 03/14/06
179. 1314 HILL ST 3 1.75 1,819 7,000 1941 $1,195,000 $1,230,000 03/14/06
180. 133 Hollister AVE 3 3.50 0 0 2005 $2,950,000 $2,850,000 03/10/06
181. 2310 31ST ST 2 1.00 885 6,000 1939 $899,000 $895,000 03/10/06
182. 2421 CALIFORNIA AVE 4 3.00 3,309 5,060 1986 $1,997,000 $1,865,000 03/10/06
183. 1006 PINE ST 3 2.00 1,676 6,500 1914 $1,599,000 $1,575,000 03/10/06
184. 933 25TH ST 2 2.00 0 8,350 1925 $1,599,000 $1,520,000 03/07/06
185. 2526 CALIFORNIA AVE 4 2.00 1,762 5,280 1929 $1,299,500 $1,366,000 03/07/06
186. 856 FRANKLIN ST 5 4.50 3,991 9,840 1935 $3,495,000 $3,450,000 03/07/06
187. 444 14TH ST 5 5.50 4,400 7,500 2003 $3,695,000 $0 03/03/06
188. 1027 ASHLAND AVE 3 1.75 1,518 8,555 1940 $1,250,000 $1,185,000 03/03/06
189. 1720 PIER AVE 3 3.00 0 6,700 1935 $1,450,000 $1,425,000 03/03/06
190. 2406 22ND ST 2 1.00 1,193 7,750 1940 $1,175,000 $1,160,000 03/02/06
191. 2614 31ST ST 3 2.00 1,475 6,000 1940 $1,099,000 $1,200,000 03/01/06
192. 428 11TH ST 5 5.50 0 7,500 1929 $3,675,000 $3,685,000 03/01/06
193. 805 OZONE ST 3 3.00 2,415 2,997 1988 $1,249,000 $1,200,000 03/01/06
194. 504 E CHANNEL RD 4 4.50 3,285 6,800 1980 $2,495,000 $2,613,000 02/28/06
195. 207 ENTRADA DR 2 1.00 904 2,400 1948 $999,000 $999,000 02/28/06
196. 734 25TH ST 5 6.00 0 8,700 2003 $4,450,000 $4,385,000 02/28/06
197. 658 OCEAN PARK BLVD 4 3.00 0 4,613 1915 $1,365,000 $1,313,000 02/28/06
198. 1514 HILL ST 2 1.00 1,220 6,787 1939 $1,250,000 $1,250,000 02/25/06
199. 2311 CLOVERFIELD 4 2.00 2,660 6,250 1928 $999,000 $1,005,000 02/24/06


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ADDRESS BR BA SF LSZ YB LP SP SD
200. 926 OZONE AVE 3 2.50 1,996 4,304 1955 $995,000 $954,000 02/24/06
201. 819 CEDAR ST 4 2.00 2,170 4,787 1927 $1,189,000 $1,111,000 02/23/06
202. 355 22ND ST 5 4.50 4,033 7,550 1990 $2,898,000 $2,950,000 02/23/06
203. 458 26TH ST 4 3.00 2,924 8,700 1938 $1,849,000 $1,780,000 02/21/06
204. 819 PRINCETON ST 3 1.50 1,511 8,690 1945 $1,595,000 $1,550,000 02/17/06
205. 850 HARVARD ST 4 3.00 2,081 7,900 1938 $1,695,000 $1,627,000 02/17/06
206. 3121 URBAN AVE 2 2.00 1,475 6,168 1950 $799,000 $799,000 02/15/06
207. 424 MARGUERITA AVE 4 4.00 5,796 11,340 1990 $4,920,000 $4,500,000 02/15/06
208. 3303 VIRGINIA AVE 3 1.00 1,213 7,588 1951 $820,000 $795,000 02/15/06
209. 426 4TH ST 2 1.75 1,443 7,360 1951 $1,799,000 $2,000,000 02/14/06
210. 2406 21ST ST 3 2.00 0 6,750 1926 $1,249,000 $1,325,000 02/14/06
211. 368 SYCAMORE RD 1 1.00 0 4,661 1950 $1,299,000 $0 02/10/06
212. 1321 GEORGINA AVE 4 3.00 2,747 9,490 1937 $2,295,000 $2,400,000 02/09/06
213. 947 BERKELEY ST 4 3.50 3,779 9,000 $2,295,000 $2,200,000 02/09/06
214. 1108 OCEAN PARK BLVD 3 2.00 2,172 4,996 1936 $1,099,000 $1,075,000 02/01/06
215. 3030 PAULA DR 3 1.75 1,443 6,277 1956 $899,000 $890,000 01/31/06
216. 2931 WASHINGTON AVE 2 1.00 1,096 7,500 1928 $1,395,000 $1,300,000 01/27/06
217. 246 AMALFI DR 3 2.00 0 5,270 1973 $1,695,000 $1,685,000 01/27/06
218. 2629 33RD ST 2 1.00 1,004 6,398 1947 $899,000 $880,000 01/24/06
219. 111 OCEAN WAY 3 2.00 1,495 9,147 1953 $2,500,000 $0 01/20/06
220. 3202 21ST ST 3 2.00 1,946 7,250 1952 $1,275,000 $0 01/20/06
221. 414 EUCLID ST 4 3.00 2,300 7,500 1927 $2,375,000 $2,475,000 01/15/06
222. 414 EUCLID ST 3 3.00 0 7,500 1927 $2,375,000 $2,475,000 01/13/06
223. 339 10TH ST 3 2.00 0 7,500 1923 $2,375,000 $2,325,000 01/13/06
224. 1616 SUNSET AVE 4 3.00 3,243 6,111 1938 $1,528,000 $1,506,000 01/12/06
225. 331 AMALFI DR 3 2.00 1,657 6,500 1940 $1,949,000 $0 01/12/06


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ADDRESS BR BA SF LSZ YB LP SP SD
226. 937 23RD ST 3 1.00 1,423 7,998 1927 $1,595,000 $0 01/06/06

Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright © 2006 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed.

Los Angeles October 2006 Statistics - YTD

Property Type New Listings Sold Listings Median Sale Price
2005 - 2006 2005 - 2006 2005 - 2006
Single Family 14,505 - 18,322 8,906 - 7,860 825,000 - 845,000
Condo 7,045 - 9,063 4,906 - 4,054 544,500 - 560,000
Income 4,532 - 4,789 2,390 - 1,795 750,000 - 780,000
Land 1,274 - 1,349 448 - 259 305,000 - 280,000
Lease 4,464 - 5,140 2,703 - 2,760 3,100 - 3,500


If you really look closely at these numbers you can see that the number of new listings in Los Angeles single family homes is up while the number of sales are down about 12%. The median sales price of houses in Los Angeles is up slightly.

The number of sales of Los Angeles Condos is down about 17% while the median sales price is up about 3%.

Land in Los Angeles, most all of the land in these particular statistics is zoned for residential purposes, has had a sharp decrease in sales. This likely indicates that developers and speculators have less of an appetite for risk in our current market here on in Los Angeles.