Tuesday, July 6, 2010

SOUTH LAKE DISTRICT MODERN CONDO FOR SALE

Pasadena Collection Modern Condo for Sale

Offered at $699,000

1,500 sqft - Built 2004 - 2 Bedrooms - 2 Bathrooms

This is Pasadena’s premiere modern condo located in the South Lake District. Throw away those dining menus and entertainment guides, because at the Pasadena Collection East you have an onsite concierge's service waiting to serve. Entertain your guests before hitting the town in the open living area with dramatic views of the city and amazing 13’ ceilings. The adjacent kitchen features custom cabinetry with stainless steel details, galaxy granite countertops and a kitchen island with bar. Enjoy your private retreat in the master bedroom with a custom built-in book shelf and full bath. The other spacious bedroom has a full bath conveniently located next to it. Additional features and HOA amenities include flagstone flooring throughout, 4 parking spaces, a fitness room with plenty of modern equipment, association lounge, and a community surveillance system. All close to shopping, Trader Joes, dining, entertainment, and the Metro Gold Line.


For Buying and/or Selling Real Estate, contact me:
Ramiro Rivas – Pasadena Realtor
626-497-4606
Ramiro@RivasEstates.com

Tuesday, September 1, 2009

LAKE@WALNUT: PASADENA CONDOS AND LIVE/WORK FLATS


Located at the Northeast corner of Lake and Walnut, Lake at Walnut is a new condominium complex that offers contemporary flats and town homes located above ground level retail. Lake at Walnut is located at a premium urban location close to Pasadena restaurants, shopping, and a Metro Gold Line station.

The idea behind the Pasadena Real Estate development of Lake @ Walnut was to provide sophisticated and chic city living that mixes urban and contemporary architectural design. The complex has a diverse selection of 9 floorplans, each with designer-selected granite and tile schemes in kitchens and baths, stainless steel appliances, beautiful flooring selections throughout, as well as multimedia outlets in most rooms. Lake @ Walnut building amenities includes a courtyard with lush landscaping, BBQ, fountain and a fireplace. Additional amenities include lobby, clubroom and premier fitness center.

Plan 1 1 Bedroom, 1 Bathroom: 945-1,045 Sq. Ft.
Plan 2 1 Bedroom, 1.5 Bathrooms: 1,126-1,245 Sq. Ft.
Plan 3 2 Bedrooms, 2.5 Bathrooms: 1,523-1,767 Sq. Ft.
Plan 4 1 Bedroom, 1.5 Bathrooms: 1,146-1,248 Sq. Ft.
Plan 5 2 Bedrooms, 2 Bathrooms: 1,483 Sq. Ft.
Plan 6 2 Bedrooms, 2 Bathrooms: 1,465-1,542 Sq. Ft.
Plan 8 2 Bedrooms, 2 Bathrooms: 1,450 Sq. Ft.
Plan 9 1 Bedroom, 2 Bathrooms: 1,340 Sq. Ft.
Live/Work 1 1 Bedroom, 1.5 Bathrooms: 2,133 Sq. Ft.
Live/Work 2 1 Bedroom, 1.5 Bathrooms: 3,346 Sq. Ft.
*Some floorplans are no longer available.

Search for Pasadena Condos

RAMIRO RIVAS & ASSOCIATES
WWW.SOLDBYRAMIRO.COM
ERICA@RIVASESTATES.COM
818-257-1054 DIRECT



KELLER WILLIAMS PASADENA
445 S. FAIR OAKS AVENUE
PASADENA, CALIFORNIA 91105

Wednesday, August 5, 2009

The Dalton Pasadena: New Construction Modern Condos Going to Auction


Just completed at the start of this year, The Dalton is a new construction development of Pasadena Condos, featuring 55 modern lofts, 2 bedroom, and 3 bedroom units located across the street from a Pasadena Gold Line station on Arroyo Parkway. After having been placed on the market the developer has decided to sell all the units that have remained unsold at auction, taking place Sunday, August 15th with bids starting from $165,000.

The four story complex offers units that range from 654 to 1,721 square feet, which doesn’t include the square footage of the terraces that each unit offers. The Kitchens feature stainless steel appliances and Cesarstone countertops.

Contact us to learn more about The Dalton and/or to learn how to register for the auction.

Erica Swanson
Keller Williams Realty
445 S. Fair Oaks Avenue
Pasadena, CA 91105

818-257-1054 Direct
Erica@RivasEstates.com

Monday, March 9, 2009

METRO GOLD LINE: THE PASADENA LIGHT RAIL TO UNION STATION

The light rail Metro Gold Line spans 13.7 miles linking Union Station in downtown Los Angeles and Sierra Madre Villa in East Pasadena via Chinatown, Highland Park, South Pasadena and Pasadena.

Aside from using the Pasadena Gold Line as a form of transportation to and from work, it is a great way to explore the cultures of the communites around Pasadena. If you feel the need to “get away” on a day off you can hop on the gold line from any of Pasadena’s six stations. The Pasadena Gold Line will take you to Highland Park where you can visit the Southwest Museum, Chinatown, or to where the line ends, at the Union Station and visit the historic Olvera Street for a taste of colorful Mexican culture.

Union Station in Los Angeles, which opened in May 1939, is known as the "Last of the Great Railway Stations" built in the United States. Union Station was partially designed by the father and son team of John Parkinson and Donald B. Parkinson, or the Parkinsons, assisted by a group of supporting architects, including the famous Jan van der Linden. The Architecture of Union Station is an experience all in its own. The impressive architecture combines the Mission Revival style, and Streamline Moderne style, which was a late branch of Art Deco.

The Pasadena Metro Gold Line joins two light rail lines, Metro Blue and Green Lines, and a subway, The Metro Red Line that crisscross portions of Los Angeles County from Long Beach to Los Angeles, Redondo Beach, Norwalk, Hollywood, Universal City, North Hollywood as well as Pasadena.

Search available Pasadena condos for sale close to metro stations.

The most notable Pasadena station of the Metro Gold Line is the Del Mar station because of the large scale restoration and expansion it recently underwent. The Pasadena Del Mar station has been converted from the old, historic Santa Fe train depot and is the home to many new construction apartments and Pasadena Condos, including the Pasadena Archstone Apartments, and the brand new Pasadena Dalton, which is a development project of high end industrial lofts and condominiums.

The Pasadena Del Mar station is on the southern edge of Old Town Pasadena and within walking distance of an abundance of shops, restaurants and theaters. Across the street is Central Park, the site of many special events including the city’s annual jazz festival. The Del Mar station is surrounded by several new residential buildings and features public plaza areas, restaurants, and retail stores.

If you are searching for apartments for lease or Pasadena Condos for sale within close proximity to the metro line, it is a great place to look since it is a city that has been becoming more urbanized over the past few years. With the ever increasing cost of gas and freeway traffic, the city of Pasadena and residential developers have put consideration towards many people’s desire to live within close proximity to mass transportation. Pasadena has been becoming urbanized in the central parts of the city and over the past few years, since the opening of the new metro stations, many developers are building urban condos and lofts which offer metropolitan living within the city.

Search available Pasadena condos for sale close to metro stations.

Sunday, October 5, 2008

LOOKING FOR URBAN LIVING

Getting Started on a Home Search

Mortgage interest rates had dropped recently and home prices have moderated in many areas, making it a good time to buy. If you’ve never bought a condo or townhome before or if you currently own a home but have never bought and sold at the same time, the process can seem intimidating. You can ease your anxiety by formulating a game plan and by assembling the best team of professionals you can find, including a mortgage lender, a Realtor® that you feel that you can trust, as well as inspectors, title reps, and home warranty specialists.

If you are searching for a condo Pasadena is a great place to look since it is a city that has been becoming more urbanized over the past few years. Space in Los Angeles is at a premium, ever increasing, and many L.A. suburbs are starting to become re-urbanized. The most recent trend in many suburbs is retail developments with the inclusion of at least two floors of residential units above a retail city walk. Examples of such urbanization is the Paseo Colorado in Pasadena, and Rick Caruso's latest development, The Americana in Glendale.

The two key players on your team in a home search are the lender and your real estate agent. Once you have these selected, they can help you line up the additional help you need. The best recommendations for a real estate agent is one who is well educated about the market in your area. If you’re a first time homebuyer you may not have a resource of competent mortgage enders, reputable inspectors, or a trustful escrow company that will successfully help you through the purchasing of a home; Therefore it would be of utmost importance to choose a Realor® that will have this resource of people to recommend to you to have the option of using.

A first step is to find out how much you can afford. Most buyers will obviously need a mortgage in order to complete a home purchase. A lender will qualify you for a certain loan amount depending on how much cash you have available for a down payment and closing costs—the various fees associated with buying or selling a home. Other relevant factors are your credit score, your verifiable income and what type of mortgage you decide to use for your purchase. You can work with a mortgage broker who will shop the mortgage market for you and place your loan package with the lender that offers the best deal. Or, you can work directly with a lender, such as Bank of America or Citibank. Just make sure that you understand what kind of loan is being offered. You might want to consult with an independent party like your accountant or financial advisor to determine what kind of financing is best for you.

If you’ve never bought a home before, you should use an agent who is a good communicator and who will take the time to explain the process. Also, keep in mind that your agent will be interfacing with the other parties in the transaction. You want someone you trust and who you are sure will represent you professionally and work diligent on your behalf.

Search for a Condo

Friday, August 29, 2008

Understanding Capital Gains In Real Estate

When you sell a stock, you owe taxes on your gain — the difference between what you paid for the stock and what you sold it for. The same holds true when selling a home (or a second home), but there are some special considerations. How to calculate gain in real estate, capital gains are based not on what you paid for the home, but on its adjusted cost basis.

To calculate, follow these steps:
1. Purchase price: _______________________

The purchase price of the home is the sale price, not the amount of money you actually contributed at closing.

2. Total adjustments: _______________________
To calculate this, add the following:
Cost of the purchase — including transfer fees, attorney fees, and inspections, but not points you paid on your mortgage.
Cost of sale — including inspections, attorney fees, real estate commission, and money you spent to fix up your home just prior to sale.
Cost of improvements — including room additions, deck, etc. Note here that improvements do not include repairing or replacing something already there, such as putting on a new roof or buying a new furnace.

3. Your home’s adjusted cost basis: _______________________
The total of your purchase price and adjustments is the adjusted cost basis of your home.

4. Your capital gain: _______________________Subtract the adjusted cost basis from the amount your home sells for to get your capital gain.

A Special Real Estate Exemption for Capital Gains since 1997, up to $250,000 in capital gains ($500,000 for a married couple) on the sale of a home is exempt from taxation if you meet the following criteria:
You have lived in the home as your principal residence for two out of the last five years.
You have not sold or exchanged another home during the two years preceding the sale.
You meet what the IRS calls “unforeseen circumstances,” such as job loss, divorce, or family medical emergency.
FIND A PASADENA REALTOR TO SELL YOUR HOME
SEARCH PASADENA HOMES FOR SALE