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New Fannie Mae Guidelines

Effective March 1, 2009, Fannie Mae will start once again financing up to 10 properties for investors in order to help with lending recovery.

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REAL ESTATE

West Hollywood 3 Bedroom

Cute cottage with lovely front and backyards at 362 Huntley Drive. This charming 3 Bedroom, 2 Bath is located on a cul de sac between La Cienega and San Vicente. $773,000. See the MLS for more info

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Development Opportunity or SFR on Culver Blvd

Culver City home at $549,000. Great Starter House… Priced Right With Nice Backyard & Mature Trees. Across From Bike/Pedestrian Path. Close To Freeways, Shopping, Public Transportation. Or Hold & Develop This R4 Property Later (Buyer To Confirm Current Zoning W/City).  Court Confirmation Not Required

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Santa Monica Extends Smoking Ban into Residential Territory

February, 2009- Santa Monica is known for its already severe anti-smoking legislation.  City Council has passed further measures to safeguard residents against secondhand smoke.  The new law regulates smoking in common areas of multi-family residences including apartment buildings and condos. Victims of secondhand smoke can file a civil action which can award them up to $100 in damages or order legal injunction.   It is necessary that the victim of secondhand smoke attempts to reach a solution with the smoker and provides written notice before these matters are brought to court.  Some tenants rights organizations feel that this bill goes too far into regulating residents lives, while some health organizations feel that these anti-smoking measures are too soft.  This reaction is par for the course with the polarizing smoking issue.

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Beverly Glen Condo


This extra large bright unit offers great flow for entertaining and you can’t beat the location. The condo is centrally located near bus stops, and minutes from the Rancho Park Golf Course, recreation center, Westfield shopping malls (Westside & Century City), movie theaters,
Westwood Village, UCLA, and a variety of neighborhood restaurants, shops and services. Huge living room with wet bar & fireplace opens up to huge seating area, separate dining area, and adjacent kitchen. Building offers controlled access, elevator, pool, and spa.

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Investment Opportunities in Corona del Mar

There are uniques opportunities in this upscale community where duplex/condo conversions provide investment opportunities for the small investor. Corona del Mar is a fashionable beachside Orange County community with dazzling residential properties as well impressive shopping and entertainment options. Explore Corona del Mar

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