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Stronger Than Dirt

Posted by John Hathorn on September 6, 2013
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This weekend is the 27th annual Nautica Malibu Triathlon North of Montana Santa Monica Malibu Triathlonat 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….North of Montana Santa Monica Malibu

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.


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