Penthouse

SOLD - Brentwood Penthouse

SOLD

It has been a long road with this listing, but today that journey has come to a successful close for all parties involved today. This property is a short sale, and that process can take 3-4 month's to get initial bank approval. In the meantime buyer's get impatient and frustrated, rightly so, and end up cancelling their offer and walking away. It wouldn't be so much of a problem if the bank allowed me to substitute a new buyer with the same terms in, but nope, the bank made us start the process all over again as if it was just submitted to them for the first time. Bottom line is I "sold" this unit now four times, but each time up until now the buyers would walk away for a variety of reasons. See my post about the last time that happened here. Well today that stopped, as the buyer closed escrow and is now the owner of this cool Penthouse condo in a prime Brentwood location. With a bit of attention, this unit could become very special, as the bones are there to do it. I wish the buyer well with it, and congratulate my seller's on concluding this sale once and for all! On to the next one for me.

621 S Barrington #302, Brentwood

Sold for $600,000 2 Bed + Loft 2 Bath 1,920 Sq. Ft

Soaring 18' ceilings in living/dining room provide a ton of volume

Wet bar and gas lit fireplace in the living room

Three balconies in total on the property; largest one shown here

High ceilings in the master bedroom

High ceilings & large walk in closet in guest bedroom

Spacious loft area with direct access to private deck, currently being rented out and used as a bedroom

Large pool & spa provide a peaceful escape in the heart of Brentwood

You can see a detailed tour of the property here

If you wish to find a similar property and value in Brentwood or anywhere in Los Angeles, please feel free to contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Final Walk Through in Brentwood

I'm not particularly proud of the pictures, but wanted to give a glimpse into the condo after the occupants moved out and the place was cleaned. It looks like a completely different property. This has been a long listing (more on that in detail after it closes, which is slated for tomorrow), but looks like it will all end well for both my seller client's and the buyer. The new owner got themselves a terrific deal on a short sale, that with a bit of attention and upgrading could become a real "Wow" Penthouse unit in a prime Brentwood location. Out of all the so called "experienced" buyers and investors that saw the property, it took a 25 year old buyer and their parent's to see the real value here. During the final walk through last Friday, they made the comment, "If the occupant's moved out a long time ago and you had it cleaned like it is now, you would have sold it for a lot more money." I totally agree, and trust me had been saying that for sometime now. The kitchen and the bathroom finishes are definitely dated, but with the 18' soaring ceilings in the living and dining area, the bones are there to create something special. I look forward to see what the buyer ends up doing to take the unit to the next level, and hope they are able to enjoy the property for many years to come.

Pictures by Eric Smilay for Smilay Properties

If you would like to find a similar deal in Brentwood, or anywhere in Los Angeles, please contact us anytime @ 310.600.9172 or email smilayproperties@gmail.com.

Brentwood Penthouse

[flickr size="small" float="left"]http://www.flickr.com/photos/42659427@N02/4115866452/[/flickr]Lying in prime Brentwood village N. of Montana is this huge contemporary 1,920 sq. ft top floor penthouse. Unit features soaring ceilings adding volume in living room, newer dark rich wood flooring, & large private master bedroom. Other features include cool fireplace & wet bar in great room, Loft (could be 3rd bed), in unit washer/dryer, & multiple large balconies. Great property in an unbelievable location just steps to Katsuya, upscale shopping, whole foods, & more. This one is special. Offered @ $875,000.Click here for more images...