Nestled between Beverly Hills, downtown Los Angeles and the Santa Monica Mountains, West Hollywood is at the heart of Southern California glamor. From the time of its incorporation in 1984, West Hollywood has had a rich history of community diversity and activism. Residents have access to the city hall staff, the mayor and city council members, creating a close-knit community atmosphere. (more)
The city is home to an estimated 35,000 residents who take pride in its top-rated schools, array of distinct neighborhoods, exciting ambiance and convenient location just minutes from all the amenities Los Angeles County has to offer.
West Hollywood is an open door to the finest in dining, shopping, entertainment, sightseeing, culture and history. The city covers 1.9 square miles and is situated at an equal distance from the beaches and downtown Los Angeles. West Hollywood extends over an area that includes the Sunset Strip, Melrose Avenue and Santa Monica Boulevard, with the Santa Monica Mountains serving as its backdrop. Universal Studios, Dodger Stadium and the beaches are just minutes away. WeHo (as the locals say) is ideally situated for both exploring by car and meandering on foot. The real estate market is unique and upscale. A variety of exclusive homes are available at prices that range into the millions.
West Hollywood Real Estate
Those wishing to find homes in West Hollywood can choose from quaint Spanish villas to high-end contemporary, luxury homes in great locations. Although the average price to buy a home in West Hollywood ranges in the mid $700,000s you can still find some great deals with foreclosures and short sales. (more)
Condominiums and townhouses begin in the mid- $200,000s and reach up to $3.5 million and more depending on location. Those looking for trendy condos along the Sunset Strip come at a higher price tag but include spectacular amenities.
West Hollywood, California Average Home Sizes and Asking Prices
Peter Gragnani did not set out to make real estate his life's work, having graduated with a degree in Criminal Justice. However, actually working in that field for a couple of years convinced Peter that his destiny was elsewhere. (more)
The next stop on his journey of self-awareness included making the Dean's list and graduating from the Culinary Institute of America in Hyde Park, NY. He honed his culinary skills at the prestigious Patroon and Butterfield 81 restaurants in Manhattan. Two rewarding but pressure-filled years later, Peter felt the call of the west and moved to Los Angeles.
Upon arriving in LA, Peter earned his real estate license and began his career as a buyer's agent in the beautiful environs of the Pacific Palisades. "I started out only representing buyers," he says, "because the agency did not take any listings. Maybe that's why I have so many buyers as clients now!"
Before long, Peter joined a successful brokerage in Beverly Hills. As he gained experience, knowledge and insight into other aspects of the luxury homes side of the real estate industry, Peter has earned important professional designations including CSSS (Certified Short Sale Specialist), CPFS (Certified Pre Foreclosure Specialist), HRC (Home Retention Counselor), E-Pro, CRS (Certified Residential Specialist) and Certified HAFA (Home Affordable Foreclosure Alternatives) Specialist, as well as being listed as one of the top 10 most dependable realtors in Los Angeles in 2008.
Most importantly, however, Peter has earned the trust, respect and loyalty of luxury home buyers and sellers from the exclusive ocean-front enclaves of Malibu to the grand manors of South Pasadena and some of the most prestigious neighborhoods in-between. His high-touch, highly individualized personal service is fast becoming legendary even in the rarefied real estate world of Southern California.
One of the reasons for his rapidly rising status among luxury homeowners is his propensity to prepare sumptuous gourmet "house-warming" meals for his clients upon closing their deals.
His culinary reputation notwithstanding, Peter's intimate knowledge of the area's higher-end homes, his honest-to-a-fault approach to every detail of the buying or selling process, and his ability to market luxury properties with the most effective techniques all combine to make the real estate process a uniquely rewarding experience for his clients.
If you are ready to purchase a new home and want a private consultation, or are interested in selling your home, please call Peter today at 213-364-6968 or email realestatepete@sbcglobal.net.
West Hollywood Real Estate Stats and Trends for the week of April 30th, 2012: homes priced around $849,425 compared to $1,150,000 the previous week, showing a decrease of less than -35%. For Friday, May 18th, the current national mortgage rate for a 30 year fixed mortgage is 3.75%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.38%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in West Hollywood CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in West Hollywood to help you find the best home!