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    How would you value this 1,290 sq ft serviced apartment in Los Angeles?

    The asking price is roughly $837 per sq ft, but I would not apply the comparable’s full average rate to every extra or missing foot. Additional area often has a lower marginal value, especially if the layouts differ. For dated but usable finishes, I might initially test a 5–10% condition...
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    Los Angeles: are 45-day listings opportunities or warning signs?

    Also be careful with “visible for 45 days.” A listing’s current display may not capture an earlier marketing period or time spent withdrawn. Check the available listing history and compare genuinely recent completed sales with similar condition. Otherwise a supposedly fresh listing and a...
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    Renovation budget for a 700 sq ft duplex in Los Angeles

    I can either accept the $260,500 working budget and carry a large contingency, or spend more before contract on investigations and tighter quotes. Neither feels comfortable for a 700 sq ft Los Angeles duplex: the first leaves too much unpriced, while the second may still miss what is behind the...
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    Buyer’s financing failed late—relist now or strengthen the file first?

    I’d refresh the file quickly, then relist without a long unexplained gap. Be straightforward that financing failed and the inspection was not the cause. I would not automatically take less, though. Compare offers by financing strength, inspection protection, deposit, and any appraisal-gap...
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