This weekend is the 27th annual Nautica Malibu Triathlon at Zuma Beach in Malibu, with more than 5,500 participants including celebrities and athletes, it is sure to be a scene! All proceeds benefit the Children’s Hospital of Los Angeles’ Pediatric Cancer Research Program. This year, there are lots of great sponsors. You can get your haircut by a Paul Mitchell stylist for a $15 donation and sponsors including K-Swiss, Cliff Bar, Connondale and Herbalife will have booths full of product. The two day event is sold out but spectators are welcome to come and enjoy the beauty of Malibu and this community event.
Speaking of Malibu, since the average sale price in the North of Montana Ave market is $3.6 million, I thought you might like to know what that gets you in Malibu. How does a 3 bedroom, 3 bath, 1,400 foot house on Malibu Road sound? The lot is 5,413 and the views are, well….
BTW – Right now in the flats of 90402 there are 16 active listings, 8 are under contract and 43 have closed escrow year to date. The list price to sale price ratio is over 99%!
New Listings this Week
409 20th St. – 5bd + 4ba. $3,995,000. Updated 4bd + 3ba + guest house in the coveted Gillette Regency Square area. Old world charm w/modern features, beautiful kitchen, large master suite and lovely garden. Last sold in March 2000 for $1,450,000.
206 24th St. – 5bd + 4ba. $2,895,000. Remodeled New England Traditional. Many charming details of that era: crown moldings, clipped ceilings, Dutch door, etc. Newer Cook’s kitchen, spacious family room, brick patio, large grassy yard. Franklin School District. Last sold in August 2006.
New Sales this Week
328 Euclid St. – 2bd + 1ba. $2,395,000. Another 7,500 sq ft, tear down, fully priced, and almost certainly no issue with possible historical significance to hinder its development for a new home. If this property sells at full price, it will mean that $319 per foot for dirt is the new price and it will set a new, all-time record for 50 X 150 dirt in the Roosevelt School District.
Closed Deals this Week
604 21st Pl. – 3bd + 2ba. $2,800,000. Sold in 68 days!
Pence Hathorn Silver Active Properties:
465 25th St. – 5bd + 5.5ba – $4,095,000 or $17,000/MONTH
168 S. Medio – 5bd + 3.5ba – $3,988,000
840 Pine St. – 4bd + 3ba – $1,795,000
416 Entrada Dr. – 3bd + 1.75ba – $1,595,000
1929 Washington – 2bd + 2.5ba – $1,249,000
4237 Jackson Ave. – 3bd + 2.5ba – $899,000
48 Village Parkway – 2bd + 2.5ba – $825,000
1138 20th #9 – 2bd + 3.5ba – $799,000
Search for more homes, see real time analytics and learn about the North Santa Monica / North of Montana Ave. community on our North of Montana blog. Add your comments (scroll down to the “Add Your Comment” section) and read other blogs. And please call my mobile phone (310) 924-4014 with any questions.