JUST LISTED - 7930 Vulcan Drive, Los Angeles, CA 90046

This magnificent 6,500+ sq. ft. estate perched atop the highest point in Mount Olympus showcases panoramic 360 degree views of Los Angeles, Downtown, Santa Monica Bay and the Valley. The one-of-a-kind property situated on two lots features a USTA conforming lighted tennis court, tropical greenhouse, and meandering paths leading to intimate seating areas. The pool’s SwimJet system allows for a well-paced aerobic workout.

The 6 bedroom, 7 bathroom home accommodates grand-scale entertaining and intimate relaxation with each room enjoying sunset views. Main level offers a beautiful foyer, elegant living room, formal dining room, chef’s kitchen with dining area, and library opening up to manicured lawn and romantic veranda. Also included are a gym, staff quarters, and wine room. This estate also features a screening room and hidden lounge leading to private viewing deck. The ultimate retreat.


360 Degree Panoramic Views of Los Angeles
USTA Lighted Tennis Court
Tropical Greenhouse
Screening Room
Private Viewing Deck

OFFERED AT $6,000,000


(424) 235-4242 mobile
(310) 888-3752 office

Lease in the Heart of West Hollywood


Listing Details: (VIEW FULL ADDRESS)

City/Area:West Hollywood
Rent:$3,445.00 month
Deposit: 1 MONTH
Available: Available Now!
Listing Type: Standard Rental
Bedrooms: 2 bedrooms
Bathrooms: 1 Bath
Furnished: If Needed
Lease Type: One year minimum lease
Pets: Will consider pet
Structure Type: Fourplex
Unit Details: Front unit in 4-unit building
Parking: 2-car Permit parking

  • Hardwood Floors
  • Laundry on site
  • Refrigerator
  • Stove
  • Dishwasher
  • Fireplace
  • This is where it's at! Spacious 2 bedroom in the heart of West Hollywood is beautifully furnished with a cozy and warm feel and has everything you need. Fantastic location near Melrose and Santa Monica Boulevard shopping and dining.  Walk to Ciccone's and all the great shopping on Robertson. Includes hardwood floors, nice sized kitchen with breakfast room, and a bright family room with fireplace. *Available furnished OR unfurnished and ready for immediate move-in. Includes two parking passes.
Paid Amenities:
water; trash; gardener
  • Will consider pet
  • 2-car Permit parking
  • This unit includes a refrigerator.



Sotheby’s International Realty
Sunset Strip Brokerage

(424) 235-4242 mobile
(310) 888-3752 office

Just Leased - The Lofts at Melrose Place | 710 N. Orlando Ave. #103, West Hollywood

710 N. Orlando Ave, #103, West Hollywood |  This urban industrial condo at the architecturally renowned Lofts at Melrose Place features a bright open floorplan with high ceilings, exposed ductwork, oversized industrial windows, and hardwood floors. The glass roll up door opens to a spacious patio allowing for wonderful indoor/outdoor entertaining space. Two bedrooms, two baths, large laundry room & stainless top-of-the-line kitchen. Two side-by-side parking spaces in the gated underground garage. A great live/work unit in a fantastic location near shops, restaurants, and boutiques! **Can be leased furnished or unfurnished.

Bedrooms:  2
Bathrooms:  2
Square Feet:  1,353
Year Built:  2001

$5,999 per month

Lease at The Lofts at The Broadway Hollywood

Bedrooms: 1  |  Baths: 2   |  $4,550 /month
  • 1645 Vine Street, #513LOS ANGELESCall for more information 310-888-5732
    More Photos

    Enjoy Hollywood Urban resort living in one of the most legendary buildings on the Boulevard, the Broadway Hollywood. Dramatic ceilings, hardwood floors, industrial aesthetics, 2 beautiful tiled full bathrooms, good closet space, open kitchen with granite counter tops, washer dryer in the unit, views to the Southwest, great natural light and a very adaptable loft living space. Picture perfect roof deck with pool, hot tub, cabanas and 360 degree views of the L.A. Basin. Building amenities include 24-hour doorman, complete fitness center and is within walking distance to Metro, restaurants, shopping and theaters.  
    Call 310-888-5732 for more information.

How To Sell The Other Guy's House

This happens quite often.  Sellers insist on pricing their home to 'leave room for negotiation', not realizing that what they are doing is setting up the competing homes in the neighborhood to look like a really good value.  Most people I know do not enjoy haggling.  If you are serious about selling your home, price it at market value and let the buyers determine its worth.  It is possible to create multiple offer situations if your home shows well and has the right exposure.  What do you have to lose with this strategy if you are sure to sell the other guy's house by overpricing it?

Overpriced 'setup' houses are used to sell other nearby homes

By Kenneth R. Harney, June 17, 2012 by LA Times

WASHINGTON — In the real estate brokerage field they're often known as "setups" or "pinball" homes, and this spring's improving conditions in some markets could be stimulating more of them.
     A setup or pinball property is a house listed with an unrealistically high asking price that pulls in lots of visits by agents and shoppers, but no offers. The problem is this: Real estate agents, including even the listing agent, are using the overpriced house as a negative example to sell similar homes in the area that carry lower asking prices.
     "It's like a pinball machine," said Debbie Cook, an agent with Long & Foster Real Estate in Silver Spring, Md. The "setup" is the foil — the house that agents show clients to make other, more realistically priced listings look better. Maybe the sellers — encouraged by reports of rising sales and low mortgage rates — insisted on the aggressive asking price and wouldn't list for anything less. Or maybe the sellers' agent, not wanting to lose the listing, didn't fully brief them about what the house could command in today's conditions.
     Whatever the specifics, such houses tend to see heavy foot traffic but go nowhere until the sellers drop the asking prices, usually by significant amounts. Before then, however, they may be used without the sellers' knowledge to market other houses. Since no one seriously expects them to sell at their original asking price, agents are happy to exploit the overpricing to facilitate other sales.
      "We're definitely seeing it," said Sandy Nichols Acevedo, an agent at Prudential California Realty in Oxnard. "Some people think they can go higher now because the market seems to be doing better."
     Joe Manausa, owner-broker at Century 21 First Realty in Tallahassee, Fla., who wrote about the phenomenon on Active Rain, a Seattle-based industry blog with more than 220,000 members, offers this hypothetical example: "If two very similar homes are near each other, with one priced at $250,000, and the other at $280,000, the higher-priced home is often shown first. Then the real estate agent says, 'If you like this home at $280,000, you are going to love the home down the street at $250,000!'"