Orange County Single Family Home October 2011 Micro Market Report

“Before entering the field of high-end real estate, I was already a seasoned real estate investor,” Lesher noted. “Now, having worked with the best boutique brokerages in Newport Beach, I am highly connected with all of the agents doing business in the Coastal Orange County real estate market. This large network makes it easy for me to get results for my clients in record time.”

To contact Casey Lesher, call 949.702.7211, visit http://caseylesher.telesproperties.com, or send email to clesher@telesproperties.com.

2609 Creston Drive, LA (90068) :::  10-469339
Listing Price:  $5,000
Listing Agent: John Beanum – Teles Properties – BH

10560 Blythe Avenue, LA (90064) :::  10-468901
Listing Price:  $7,500
Listing Agent: Paul Figuerido – Teles Properties – BW

New Listings

9822 Wanda Park Drive, Beverly Hills (90210) :::  10-469153
Listing Price:  $850,000
Listing Agent: Marci Merliss – Teles Properties – BH

10308 Mississippi Avenue, LA (90025) :::  10-469461
Listing Price:  $929,000
Listing Agent: Chad Lund – Teles Properties – BH

10481 Wellworth Avenue, LA (90024) :::  10-469097
Listing Price:  $1,049,000
Listing Agent: Chad Lund & Patty Best – Teles Properties – BH

1254 South Camden Drive, LA (90035) :::  10-469269
Listing Price:  $1,250,000
Listing Agent: The Fiedlers – Teles Properties – BH

478 Daniels Drive, Beverly Hills (90212) :::  10-469261
Listing Price:  $1,539,000
Listing Agent: The Fiedlers – Teles Properties – BH

14 Vernal Spring, Irvine (92603) :::  U10003501
Listing Price:  $2,499,000
Listing Agent: Brian Backstorm – Teles Properties – NB

Price Reduction

12062 Foster Road, Norwalk (90650) :::  10-451491
Original Listing Price:  $399,000 ::: New Listing Price:  $299,000
Listing Agent: John Beanum – Teles Properties – BH

2324 South Beverly Glen #108, LA (90064) :::  10-466421
Original Listing Price:  $529,000 ::: New Listing Price:  $499,000
Listing Agent: Patty Best & Chad Lund – Teles Properties – BH

9144 Hillsboro Drive, LA (90034) ::: 10-463723
Original Listing Price:  $899,000 ::: New Listing Price:  $849,000
Listing Agent: The Fiedlers – Teles Properties – BH

6601 Lakeridge Road, LA (90068) :::  10-446801
Original List Price: $945,000 ::: New List Price:  $915,000
Listing Agent: Peter Kinnaird – Teles Properties – BH

2846 Westshire Drive, LA (90068) :::  10-440829
Original Listing Price:  $1,495,000 ::: New Listing Price:  $1,369,700
Listing Agent: Karen Misraje – Teles Properties – BH

29 23rd Avenue, Venice (90291) ::: 10-439295
Lease Price: $5,500
Listing Agent: Solo Scott – Teles Properties – BW

509 20th Street, Santa Monica (90402) ::: 10-458115
Listing Price:  $15,000
Listing Agent: Ellen Conrad – Teles Properties – BW

New Listings

1000 South Westgate Avenue #216, LA (90049) :::  10-458425
Listing Price:  $539,000
Listing Agent: Eli Karon – Teles Properties – BH

2709 South Canfield Avenue, LA (90034) :::  10-458481
Listing Price:  $849,000
Listing Agent: The Fiedlers – Teles Properties – BH

11840 Allaseba Drive, LA (90066) :::  10-458357
Listing Price:  $1,129,000
Listing Agents: Stacy Young & Marny Maslon – Teles Properties – BW

4024 Channel Place, Newport Beach (92663) :::  U10002700
Listing Price:  $1,495,000
Listing Agent: Christopher Parr – Teles Properties – NB

2006 Kelton Avenue, LA (90025) :::  10-458435
Listing Price:  $1,549,000
Listing Agent: Marci Baron – Teles Properties – BW

29 23rd Avenue, Venice (90291) ::: 10-439263
List Price: $1,795,000
Listing Agent: Solo Scott – Teles Properties – BW

201 South Rimpau Boulevard, LA (90004) :::  10-456683
Listing Price: $1,795,000
Listing Agent: Ernie Carswell & Christopher Pickett – Teles Properties – BH

28 Castaways, Newport Beach (92660) :::  U10002743
Listing Price:  $2,250,000
Listing Agents: Ron Mazzano & Damon Mazzano – Teles Properties – NB

544 14th Street, Santa Monica (90402) ::: 10-439263
List Price: $3,850,000
Listing Agent: Ellen Conrad – Teles Properties – BW

9 Clearwater, Newport Coast (92657) :::  U10002646
List Price:  $19,500,000
Listing Agent: Cammy Leslie – Teles Properties – NB

Price Reductions

29 23rd Avenue, Venice (90291) ::: 10-439295
Old Listing Price: $5,900 ::: New Listing Price $5,500
Listing Agent: Solo Scott – Teles Properties – BW

12062 Foster Road, Norwalk (90650) :::  10-451491
Original Listing Price:  $399,000 ::: New Listing Price: $349,000
Listing Agent: John Beanum – Teles Properties – BH

10644 Wilkins Avenue #204, LA (90024) ::: 10-438619
Old Listing Price: $765,000 ::: New Listing Price: $735,000
Listing Agent: Eric Hass – Teles Properties – BW

111 Via Lido Nord C, Newport Beach (92663) :::  U10000049
Original List Price: $799,000 ::: New List Price $699,000
Listing Agent: Alison McCormick – Teles Properties – NB

9130 Beverlywood Street, LA (90034) :::  10-449219
Original Listing Price:  $829,000 ::: New Listing Price: $799,000
Listing Agent: The Fiedlers – Teles Properties – BH

501 North Detroit Street, LA (90036) :::  10-449219
Original Listing Price:  $879,000 ::: New Listing Price: $799,000
Listing Agent: The Fiedlers – Teles Properties – BH

2045 Parnell Avenue, LA (90025) :::  10-447635
Original List Price: $1,649,000 ::: New List Price $1,599,000
Listing Agent: Chad Lund – Teles Properties – BH

36 Rockingham, Newport Beach (92660) :::  U10001275
Original Listing Price:  $1,999,000 ::: New Listing Range: $1,599,000 – $1,999,000
Listing Agent: Cammy Leslie – Teles Properties – NB

12053 Crest Court, Beverly Hills (90210) :::  10-442417
Original Listing Price:  $4,575,000 ::: New Listing Price: $3,990,000
Listing Agent: Cara Sheriff - Teles Properties – BH

The contemporary, designed for entertaining by Hector Baylon of L.A.-based Randall/Baylon Architects and built in 2007, has a media room, an office, four bedrooms and 3 3/4 bathrooms in 4,200 square feet. The couple used dark and distressed African mahogany wood floors throughout to give the house a “warm feel,” Matt Battaglia said. A swimming pool and spa were added this year.

“I wanted to build my dream house with jetliner views from downtown to the ocean,” said Battaglia, who bought the land in 2002 for $225,000.

After several hillside builders told him it would take 24 months to complete the home, he decided to hire a neighbor who was a contractor and move the project along himself. The house was completed in 12 months for about $600,000 less than what other contractors bid, he said “Just shows what kind of mark-ups some of them have and how some of them drag out the process to earn higher fees.”

Now the Battaglias want to sell to move to an area closer to the beach with bigger yards.

Battaglia, 44, has acted in more 90 films and television shows and just completed work on “Thor” (2011). He has guest starred on “Big Love” (2007), “24″ (2006 and 2007) and “Friends” (1997) and was a co-producer on the Golden Globe-nominated “Brothers” (2009).

“Building this house is what led me into producing,” Battaglia said. “It’s all about attaching the right elements and having experts in their fields handle their items — with everyone working together in collaboration for the finished product.”

He said he realized if he could build a house, he could “surely can make a movie.”

“The key is in finding the right project that everyone wants,” he said.

Thinking along those lines, Battaglia has optioned three bestselling books and is in development or negotiations to produce several films and TV shows. In February, Fox Television Studios closed a deal with Battaglia to executive produce a series based on the novel “Bad Monkeys” by Matt Ruff.

Tina Battaglia has the house listing at Teles Properties, Beverly Hills.

lauren.beale@latimes.com

// Copyright © 2010, The Los Angeles Times

2928 Corral Canyon Road, Malibu (90265) :::  MLS # 10-437539
Listing Price:  $6,500,000
Listing Agent: Peter Hernandez – Teles Properties-BW & Christopher Cortazzo – Coldwell Banker – Malibu

12030 Talus Place, Beverly Hills (90210) :::  MLS # 10-437191
Listing Price:  $5,495,000
Listing Agent: Marty Trugman – Teles Properties-BH & Natalie Elias – Westside Estate Agency

12010 Iredell Street, Studio City (91604) :::  MLS # 10-436817
Listing Price:  $1,795,000
Listing Agent: Michael Greenwald – Teles Properties-BW

1322 Malcolm Avenue, LA (90024) :::  MLS # 10-437847
Listing Price:  $1,095,000
Listing Agent: Chad Lund – Teles Properties-BH

1050 N. Edinburgh Avenue #110, West Hollywood (90046) :::  MLS # 10-437737
Listing Price:  $799,000
Listing Agent: Karen Nation – Teles Properties-BH

11706 Montana Avenue #309, LA (90049) :::  MLS # 10-437391
Listing Price:  $699,000
Listing Agent: Eli Karon – Teles Properties-BH

17148 Kingsbury Street, Granada Hills (91344) :::  MLS # 10-437195
Listing Price:  $649,000
Listing Agent: Marci Merliss – Teles Properties-BH

NEW LEASE LISTING:

9400 Duxbury Road, LA (90034) :::  MLS # 10-436943
Listing Price:  $4,300
Listing Agent: The Fiedlers – Teles Properties-BH

BACK ON MARKET:

851 19th Street #3, Santa Monica (90403) ::: MLS # 09-390019
Listing Price:  $1,295,000
Listing Agent: Ellen Conrad – Teles Properties – BW

PRICE REDUCTION:

607 N. Citrus Avenue, LA (90036) :::  MLS # 10-427603
Original Listed Price:  $1,149,000  :::  New Listing Price:  $1,099,000
Listing Agent: John Beanum – Teles Properties – BH

301 S. Rossmore Avenue, LA (90020) :::  MLS # 10-434317
Original Listed Price:  $1,999,000  :::  New Listing Price:  $1,795,000
Listing Agent: Maureen & Mimi McCormick – Teles Properties – BW

1549 Poinsettia Place #4, LA (90046) :::  MLS # 10-422965
Original Listed Price:  $2,495  :::  New Listing Price:  $2,295
Listing Agent: Kacy O’Brien – Teles Properties – BW

Prefab housing goes green in Newport Beach

Art Show at TLofts

The Malibu septic-tank-versus-sewers issue has finally been settled after years of debate, according to “Septic tanks on their way out in Malibu” at latimes.com. The timeline:

New septic systems will not be permitted in Malibu, and owners of existing systems will have to halt wastewater discharges within a decade.

What it’ll cost homeowners:

Residents in affected areas would be required to pay about $500 a month to cover the cost of hooking into a central sewage system, according to the city’s projections. And businesses would face payments of up to $20,000 a month.

Wow. $500 a month? Some historical perspective:

In many ways, the septic tanks played a large role in Malibu becoming a city. It incorporated and formed its own government in 1991 to stave off Los Angeles County’s efforts to install a sewer system in the area. Residents at the time feared sewers would unleash a wave of development that would turn Malibu into Miami Beach West.

In Malibu, septic tanks, leach pits and the ubiquitous stench known as the “Malibu smell” are familiar topics. After rainstorms, officials often post signs on Surfrider Beach urging swimmers and surfers to steer clear because of health dangers. Surfrider often gets failing grades on Heal the Bay’s annual water-quality report cards.

Just in case you thought it was all a day at the beach in Malibu.

– Lauren Beale