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What are the most important features for buyers of Luxury homes in Los Angeles CA?

Posted on Jan 21, 2012 by in Active Rain | 0 comments

What are the most  important features for buyers of Luxury homes in Los Angeles CA?

 

Views:

There are many features that are important. I have found that Tantalizing Views are very high on the list to Single or Double Income no kids families. Now the Best Views are rated of having the Post Card Views of down Town Los Angeles and Century City Skyline. The more stunning the views the more it is a high priority to potential buyers. This is then followed by the simple Postcard view of Downtown. This is followed by views of the Century City Skyline. Then the rest is the Southern views of the West Los Angeles Skyline with some Ocean views. Needless to say these views are from the Hollywood Hills, Sunset Strip, Beverly Hills Post Office and Bel Air areas of Los Angeles.

 

Indoor & Outdoor Entertainment Space:

The buyers of Luxury homes also require gracious entertaining space which includes a large formal living room and dining room as well as a generous family room with numerous fireplaces. They also require high ceilings and French Doors that lead to a great back yard.  In other words it has to be indoor outdoor flow for entertaining. Ideally there will be a pool already there. If not there should be room for a pool, spa, gazebo and barbecue.

 

Modern Chef’s Kitchen:

The kitchen must have top of the line appliances with spacious eat in area which of course must overlook the well appointed back yard. In other words, granite counter tops brand names like Wolfe, Subzero, and Bosch are the minimum acceptable appliances.

 

Bathrooms:

At the minimum the master bath must have a steam shower, spa tub and walk in closets. The number of bathrooms must consist of at least 3.5 anything less than that will not be acceptable by today’s sophisticated luxury buyer.

 

Three-Car Garage:

The Garage has to offer a large finished space for three cars with ample storage space.

 

Contrary to the media, the high demand homes I described above are selling quickly. The buyers need to be prepared to make an offer almost immediately. One of the major reasons this must be done quickly is, because there are very few homes that meet all of the above requirements. Inventory for homes like this is limited. Interestingly enough, there are many buyers from all over the world who want the same home. Buyers from Canada, China and Europe are bidding for these homes. The European buyers are generally all cash buyers from Italy, Germany and Russia. Chinese buyers have been lately Cantonese.

 

Price Range:

Interestingly enough the Price Range could be anywhere from $2.8 million to $25 million depending on living square feet of the home as well as size and flat area of the back and or front yard. The higher end homes generally have larger living and indoor and outdoor entertaining space.

 

 postcard view of Downtown Los Angeles

If you are looking for a Relocation Specialist who understands you needs, requirements and sophisticated taste. Please reach out to me if you are looking for homes I just described above.

 

If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002email me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.comYour Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.

 

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