Property Owner’s Guide to Decline-in-Value

In 1978, California voters passed Proposition 8, a constitutional amendment that allows a temporary reduction in assessed value when a property suffers a “decline-in-value.” A decline-in-value occurs when the current market value of your [...]

Teles Properties Strides into Newport Beach

Press Release
Beverly Hills
December 1, 2009

Teles Properties Strides into Newport Beach
In a gutsy move during one of the most challenging real estate markets in decades, Teles Properties is opening its 3rd office in two years.
Newport Beach is the latest key market for the Beverly Hills boutique real estate firm that is in fast expansion [...]

Teles Weekly Activity 11/23-11/25

NEW LISTING:
9601 Charleville Blvd. #12, Beverly Hills (90212) :::  MLS # 09-413005
Listing Price:  $1,020,000
Listing Agent: Michael Greenwald – Teles Properties-BW
8709 Rangely Ave., West Hollywood (90048) :::  MLS # 09-413487
Listing Price:  $795,000
Listing Agent: The Fiedlers – Teles Properties-BH
NEW LEASE LISTINGS:
201 Ocean Ave. #1104P, Santa Monica (90402) :::  MLS # 09-413319
Listing Price:  $6,500
Listing Agent: Elizabeth Puro – [...]

October 2009 Micro Market Reports

The October 2009 Micro Market Reports are now available, please click the links below to download.
October 2009 Condos
October 2009 Single Family Homes

Teles Weekly Activity 11/16-11/20

NEW LISTING:
Wolf’s Lair, LA (90068) :::  MLS # 09-412153
Listing Price:  $4,695,000
Listing Agent: Ernie Carswell & Chris Pickett – Teles Properties-BH

2343 Manning Ave., LA (90064) :::  MLS # 09-412491
Listing Price:  $1,099,000
Listing Agent: Chad Lund – Teles Properties-BH
540 N. Lucerne Blvd., LA (90004) :::  MLS # 09-412425
Listing Price:  $975,000
Listing Agent: Peter Kinnaird – Teles Properties-BH
7518 Flight Ave., [...]

Leading Authority on Law and Real Estate Named General Counsel of Teles Properties

Press Release
November 2009
Peter H. Loewy, a leading authority on law and real estate, brings his in-depth knowledge of real estate investment and syndication and venture capital to his new role as General Counsel of Teles Properties.
Aside from acting as general counsel to the firm, Loewy will be instrumental in assisting Teles Properties in the areas [...]

Teles Weekly Activity 11/9-11/13

NEW LISTING:
156 S. Irving Blvd., LA (90004) :::  MLS # 09-411099
Listing Price:  $2,049,000
Listing Agent: Lisa Kirshner & Kacy O’ Brien – Teles Properties-BW
804 Broom Way, LA (90049) :::  MLS # 09-411089
Listing Price:  $1,399,000
Listing Agent: Patty Best & Chad Lund – Teles Properties-BH
2272 Kerwood Ave., LA (90064) :::  MLS # 09-410617
Listing Price:  $1,379,000
Listing Agent: Chad Lund– [...]

L.A. Times: Prefab housing goes green in Newport Beach

An interesting snapshot of a prefab home going up in Newport Beach.
Prefab housing goes green in Newport Beach

One of LA’s Biggest Art Shows Comes to TLofts

Come check out one of LA’s Biggest Art Shows at TLofts in West LA this weekend.
Art Show at TLofts

L.A. Times article: You may qualify for a home-buyer tax credit

You may qualify for a home-buyer tax credit

By Kathy M. Kristof Personal Finance

November 8, 2009

Millions of additional people may be able to take advantage of the new and improved first-time home-buyer tax credit now, and it’s not just for first-time home buyers anymore. You may qualify.
President Obama signed legislation Friday to extend unemployment benefits to [...]