r/LosAngelesRealEstate

My mom is the trustee for her late mother’s trust and needs to sell the trust property. Unfortunately, the only other beneficiary to the trust is living in the property with family and does not want to leave voluntarily. They have been living there for almost 3 years, and it’s been about eight months since my grandmother’s passing. It’s gotten to a point that my mom is working with an attorney and has been advised to just list the house with them inside. Does anyone have any recommendations for experienced agents who have had success in this kind of situation?

TIA!

Check rates with credit unions, especially for jumbo loans. Many currently have lower jumbo rates than big banks. Credit Unions rates haven’t increased as much because they don’t have the same global risk exposure, while many big banks have tightened up recently.

- Consider a 5, 7 or 10/6 ARM instead of a 30-year fixed. ARMs are often 0.5%+ lower and can make sense if you don’t plan to keep the loan (refi) long term.

- If your loan amount is above $832,750, check credit unions. Many treat that as jumbo, which prices lower than conforming loans right now. Keep in mind jumbo loans usually require at least 20% down.

- Ask about relationship discounts. Some credit unions and regional banks reduce rates if you move deposits or investment accounts over. Example: bringing $250k+ in assets may qualify you for about a 0.25% rate reduction.

- Ask about streamline or low-cost refinance options later. If rates drop, refinance costs matter too — not just today’s rate.

Hello everyone, I’m looking for homes to flip. If you know of a home you might be interested in selling to me all cash, please dm me.

https://www.zillow.com/homedetails/812-N-Ridgewood-Pl-Los-Angeles-CA-90038/20789656_zpid/?utm_campaign=zillowwebmessage&utm_medium=referral&utm_source=txtshare

Condo sales are hitting a 20-year low because buyers are getting squeezed by a brutal combination of factors. Higher borrowing costs, HOA dues hikes on aging buildings, soaring insurance, and limited new inventory because builders refuse to take on the liability risk. For those looking at condos right now is there any specific factor holding you back from purchasing?

Before signing that lease or touring that apartment, check if they are on this list!

https://prp.lacontroller.app/

https://www.zillow.com/homedetails/11345-Youngworth-St-Culver-City-CA-90230/439245734_zpid/

Saw this listing and just wondering what you guys think. Even though the square footage is 1000, the weird triangle shape makes the living space smaller significantly imo. Its also next to the freeway.

Hi there! Would love some professional opinions here.

We're buying a mobile home in Torrance for $115k in the skyline mobile home park. Lot rent is extremely high, ~$3000/mo. Paying off the mobile home in cash and just plan to pay the space rent.

Why we are buying a mobile home- We want a single family home, are tired of horrible landlords entering our home without permission and breaking the law. We have no interest in condo living and have done it in the past and have had nightmare experiences. We have kids on the way and need our own four walls, laundry, plenty of parking and have pets. We need outdoor space. A mobile home offers all of these things. Comparable rentals in the area do not.

I figure in 5 years, our space rent could be about $4k-$4.5k/mo. If rents in this area continue the way they are now, we figure we will be paying the same or even more in rent for a single family home.

I know everyone says that a mobile home isn't an appreciating asset... But I wonder if that's true here in southern ca. What are your thoughts?

This isn't so much about making money or hoping the home will appreciate, it's more about trying to match or beat the rental market price while having a better quality of life than in a rental home.

Would love to hear what you think!

Are people getting earthquake insurance for their SFHs? How much are you paying vs normal insurance?

Qq, what is the typical cost of adding a half bath now in Los Angeles and how long does it normally take to get permit? Thank you

With SB1211, you can build up to 4 detached ADUs on an existing 4-plex.

Would each ADU be appraised at the same price per unit as an 8-plex?

Example

Property 1: 8-plex (all 1 bed, 1 bath, 700sqf)

Property 2: 4-plex with 4 detached ADUs (all 1 bed, 1 bath, 700sqf)

If Property 1 sold at $1.6m ($200k/unit), would Property 2 also sell at $1.6m ($200k/unit)?

Property zip 90037
Looking for a well priced contractor with 5 yr+ experience. I have plans approved and just need contracting done.

Feels a little weird writing this, but I think I’ve finally accepted that LA just didn’t work out for me the way I hoped it would

I moved out here a few years ago thinking I’d eventually get my footing career-wise, but between the cost of living, inconsistent work I see that I see that I don’t have life at all. Like in the beginning I had a good job, relationships and even got a mortgage, but nothing seem to work out for me

I have a family back in Nebraska, and they already told me I can come help with their small business while I get back on my feet. Plus I can actually afford to breathe there

The problem now is the house

It’s not some trendy LA property by any stretch and just a small one-story place, older but decent enough. I still have a mortgage on it, though, and I really don’t want to spend the next year flying back and forth to California dealing with showings, repairs, paperwork, and buyers ghosting at the last second

I started looking into cash buyers and saw Eazy House Sale because the idea of just selling it as-is and being done with it sounds pretty appealing. At this point, peace of mind is worth a lot to me

Has anybody here sold a house quickly in LA without going through the whole traditional process?

Just trying to figure out what makes the most sense before I pack up and head back to Nebraska for good

Curious to hear how much people are budgeting or saving for home maintenance and repairs here in LA.

We already have a Wise Bank account. We bought a condo in California last year using the Wise account. Now we put the condo on rent using the agency Belong.

Now they need to transfer rental money to us and need another Bank account. We do have an LLC.

We are Australian residents and citizens for reference.

Looking for help.

Hi!

I am a single 29M relocating to Los Angeles this summer for work. I will be working ~4 days per week in Woodland Hills.

I am considering moving to different neighborhoods in the area (Studio City vs. Brentwood vs. Malibu) that would make the commute as painless as possible, while also giving me ample opportunities to explore LA, meet new people, and have a good LA experience. I am hoping for a commute <45 minutes on most days. Ideally I would be in an area with a healthy social scene and a good number of young professionals.

Would appreciate any and all hot takes (and why!) on where I should live between Studio City. vs Brentwood vs. Malibu if you have any opinions, personally commute to the valley for work, etc. Thank you in advance!