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Off Market: Luxury on a Lake in Pasadena

Private Showings Starting in July.

1260 La Loma Road :: Pasadena.

$16,320/month.

Situated on Johnston Lake in prestigious south San Rafael, this grand Craftsman, designed by architect Doug Ewing, was built in 2006/7. With stunning views of Johnston Lake and “the Meadow”, the idyllic setting is truly magnificent. The home features a great room boasting 18’ ceilings, a boulder fireplace, and wood beamed ceiling, all open to the view beyond. The magnificent master suite with fireplace, elegant bath and huge WIC, rivals any 6-star hotel. Natural materials, large windows and indoor-outdoor ambiance make this Progressive style home light and airy. The home fully embraces the site and wraps around mature oak and sycamore trees.
  • 5,100 sq. ft. total living space (per owner)  |  26,000 sq. ft. double wide lot
  • Separate furnished guest house with kitchen & bath
  • 4 bedrooms, all en-suite plus den
  • Formal dining room with Tiffany chandelier
  • Meticulously designed landscaped grounds
  • Multiple patios overlooking the lake
  • Brookmere HOA includes use of pool & the “Meadow”
  • Security Deposit: $24,000
Tenant pays internet, television, gas, electric, water, $575/quarter Brookmere HOA fee.
Landlord pays gardening, alarm.
JUST SOLD
960 Alta Pine Dr
AltadenaCA
OVERVIEW
$1,099,000
4beds
3baths
2,317sqft
9,093sf lot

Located in a beautiful neighborhood in the foothills of Altadena sits this beautiful home that was recently remodeled and expanded in 2019. The main level features a living room with fireplace, dining room, kitchen with an abundance of cabinetry, and new Quartz countertops and tile backsplash. Finishing off the upstairs is the master bedroom with private bathroom, and another bedroom and bath. Downstairs features a bright family room overlooking the park-like rear yard including an oversized pool. Also downstairs is two additional bedrooms and three-quarter bathroom.

Enjoy significant electrical utility savings with the included solar panel system. The rear yard has an oversized pool with safety cover and multiple patios offering many entertaining options. Pride of ownership shows with the many upgrades such as new flooring, new paint, new pool safety cover, new landscaping, new recessed lighting and light fixtures.

Discover January 2016

Discover January 2016

ROSE BOWL ACTIVITIES

POST PARADE: SHOWCASE OF FLOATS | JAN 1-3

4-6:30pm > PASADENA, E. Sierra Madre Blvd. & E. Washington Blvd.

Following the Rose Parade, walk within a few feet of the floats and see the detail of each creative display! tournamentofroses.com

ROSE BOWL FLEA MARKET | JAN 10

9am-3pm > PASADENA, The Rose Bowl

Vintage treasure hunters & bargain seekers flock to discover antiques, vintage clothing, local art & specialty products. rosebowlstadium.com

ENTERTAINMENT

ABBAMANIA – NIGHT FEVER | JAN 9

8pm > ARCADIA Performing Arts Foundation

Be sure not to miss a fabulous show featuring the best of ABBA and the Bee Gees! Go back in time when they ruled pop music. arcadiapaf.org

FUN FLICK FRIDAY: HOTEL TRANSYLVANIA 2 | JAN 15

3:30pm > ALTADENA Public Library

Hotel owner Dracula is concerned his half-human grandson Dennis isn’t embracing his vampire heritage. altadenalibrary.org

BLIND DATE WITH A BOOK | JAN 19-FEB 13

All Day > GLENDORA Public Library

Choose from a selection of mysterious books waiting for you to “pick up” and “check out.” Drawing for prizes will be available too! ci.glendora.ca.us

LOCAL CUISINE

FAMILY, FRIENDS & FOOD TRUCKS | JAN 7

5:30-9pm > Mt. Sierra College, MONROVIA

This FREE event includes vendors, great food, and music for all ages to enjoy. Donations welcome. mtsierra.edu

PASADENA CHEESEBURGER WEEK | JAN 10-16

Times Vary > Various PASADENA Restaurants

Celebrate the birth of the cheeseburger when 40 of Pasadena’s favorite restaurants, lounges & burger joints offer their signature burgers and deals at this annual event. pasadenarestaurantweek.com

EXPLORE NATURE

MUSIC IN THE CHINESE GARDEN | JAN 6, 13, 20, 27

1-3pm > SAN MARINO, Huntington Library

Enjoy traditional Chinese music in the garden, as a different solo musician performs weekly on classical Chinese instruments. huntington.org

SNOW DAY AT LACY PARK | JAN 30

10am-2pm > SAN MARINO, Lacy Park

40 tons of snow will be delivered for sledding, throwing snowballs and making snowmen. ci.san-marino.ca.us

ARTS

OUTSIDE IN EXHIBIT | THROUGH JAN 10

12-5pm > PASADENA, Art Center’s Williamson Gallery

An exhibit themed around the ascendance of street art in visual culture, in celebration of Art Center’s 85th anniversary. williamsongallery.net/outsidein

ART FOR TOTS: DANCE | JAN 19

11am and 1pm > LA CAÑADA FLINTRIDGE, Descanso Gardens

Invertigo Dance Theatre returns to Descanso Gardens with an interactive dance for all ages. Part of FREE 3rd Tuesday. descansogardens.com

CREATIVE ARTS GROUP FACULTY SHOW | JAN 29

7-9pm > SIERRA MADRE, 108 N. Baldwin Ave.

Opening night of an exhibit of work created by the Creative Arts Group instructors. Continuities through Feb 26th. creativeartsgroup.org

LA BOARD GAME JAM | JAN 30

11am-11pm > PASADENA, 87 N. Raymond Ave.

Ten teams have 5 hours to brainstorm, design & complete a board game with an identical set of materials. Winners receive prizes! laboardgamejam.com

MUSEUMS FREE-FOR-ALL | JAN 30

12-5pm > Local Museums & more!

LA CAÑADA , Descanso Gardens

PASADENA, Armory Center for the Arts

PASADENA, USC Pacific Asia Musuem

PASADENA, Pasadena Museum of California Art

Over 20 museums – presenting art, cultural heritage, natural history and science – open their doors for visitors FREE of charge. socalmuseums.org

DO-IT-YOURSELF FUN

LEGO STORE MINI MODEL BUILD | JAN 5-6

5-7pm > GLENDALE Galleria

The LEGO store hosts a FREE mini model build for kids to take home with them. Ages 6 to 14, registration required. stores.lego.com

FAMILY DAY: A ROOM OF YOUR OWN | JAN 9

1-3pm > PASADENA, Norton Simon Museum

See the intimate settings of Édouard Vuillard’s lithographs & create a 3D model with your friends & family. FREE with admission. nortonsimon.org

EXPLORING NATURE & WATERCOLOR | JAN 16

2pm-3:30pm > PASADENA Museum of California Art

Venture outside the Museum to sketch and paint a watercolor based on their findings. All ages and FREE! pmcaonline.org

Discover January 2016

Thankful This November

Be thankful this November with fun family events to do in the following areas:

ALTADENA | LA CAÑADA FLINTRIDGE | GLENDORA | MONROVIA | SIERRA MADRE | PASADENA

THINGS TO DO ~ NOVEMBER 2015

ANNUAL EVENTS

PASADENA HERITAGE CRAFTSMAN WEEKEND

NOV 13-15  

Fri 9am-4:30pm, Sat 9am-5pm, Sun 10am-5pm

Various PASADENA Locations

A tribute to the American Arts & Crafts Movement. Bus tours, walking and drive-yourself tours. Seminars, workshops & presentations. pasadenaheritage.org

GLENDORA HOLIDAY STROLL | NOV 20 6-9pm

GLENDORA Village: Santa arrives in the Village, Christmas tree lighting and carriage rides!

villageglendora.com

ANNUAL ELVES’ FAIRE | NOV 21

10am-4pm  209 E. Mariposa St., ALTADENA

FREE event featuring games, arts & crafts, shopping and food that will delight Faire-goers of all ages. elves-faire.com

DOO DAH PARADE | NOV 22

11am Colorado Blvd., PASADENA

Wacky, unusual & entertaining pageant participants travel down Colorado Boulevard. This annual event is FREE! pasadenadoodahparade.info

FAMILY FUN

HARRY POTTER PARTY | NOV 7

3-5pm SIERRA MADRE Public Library

Enjoy costumes, treats & games for kids of all ages at the Library’s Harry Potter Party. cityofsierramadre.com

INTERNATIONAL GAMES DAY | NOV 15

10am-6pm ALTADENA Library District

Stop by the children’s room and play your favorite board games or try new ones! altadenalibrary.org

MONDAY MOVIE NIGHT | NOV 16

6-7:45pm Community Room at MONROVIA Public Library

Enjoy freshly popped popcorn & enjoy a terrific movie. CLUE: A poor boy wins a tour of the most eccentric candy factory of all. libraryinsight.net

PERFORMING ARTS

BREAKING THROUGH | THROUGH NOV 22

Times Vary Pasadena Playhouse, PASADENA

A singer/songwriter embarks on a journey to find her way back to her authentic self. pasadenaplayhouse.org

A CHRISTMAS MEMORY | NOV 27 – DEC 27

Times Vary  Sierra Madre Playhouse, SIERRA MADRE

Sure to delight, Truman Capote’s enchanting Depression-era story springs to life in this big-hearted musical treat. sierramadreplayhouse.org

FOOD DRIVES

PUT THE FORK IN HUNGER | NOV 14-15

8am-4pm  Fork Plaza, PASADENA

The Fork Foundation’s Largest Food Drive – Give thanks by “filling the bag” this holiday season. foothillunitycenter.org

THANKSGIVING DAY RUN & FOOD DRIVE | NOV 25-26

8-11:30am Community Center, LA CAÑADA FLINTRIDGE

Bringing the community together for a good cause. The morning begins with a 5K run and ends with a mile run for kids. cclcf.org

FESTIVALS

FRIDAY NIGHT FESTIVAL | NOV 6, 13, 20, 27

5:30-9pm Myrtle Avenue, MONROVIA

The event features: a Farmers’ Market, unique food &craft vendors, outdoor dining, live music and kids activities. cityofmonrovia.org

GLENDALE HEALTH FESTIVAL | NOV 7

10am-3pm Civic Auditorium, GLENDALE

Much like a visit to your doctor’s office except that it includes activities for kids & the family, plus music and food ~ all FREE of charge. glendalehealthfestival.com

JAPANESE GARDEN FESTIVAL | NOV 7-8

9am-5pm Descanso Gardens, LA CAÑADA FLINTRIDGE

Descanso celebrates the art and culture of Japan with this family-friendly festival. Activities FREE with admission. descansogardens.org

CRAFTS & HOLIDAY SHOPPING

JACKALOPE ART FAIR | NOV 7-8

10am-5pm 275 S. Raymond Ave., PASADENA

This 2-day shopping destination features over 200 local artisans, crafters & DIY enthusiasts. jackalopeartfair.com

CONTEMPORARY CRAFTS MARKET | NOV 13-15

10am-6pm Pasadena Convention Center, PASADENA

Hand-crafted holiday shopping is here! Jewelry, ceramics, clothing, shoes, furnishings, glass & more. contemporarycraftsmarket.com

LA FETRA HOLIDAY BOUTIQUE | NOV 20 & 21

Times Vary La Fetra Center, GLENDORA

Get a head start on your holiday shopping with handcrafted items & holiday decor from over 40 vendors. ci.glendora.ca.us

PODLEY HOLIDAY BOUTIQUE | DEC 3

4:30-7pm Podley Properties: 897 Granite Drive, PASADENA

Annual holiday gift boutique including wine, refreshments & FREE photos with Santa. podley.com/blog

Valuation of Real Estate in Family Law Matters

A presentation to the PBA Family Law Section by Nancy Valentine and Larry Sommer,Wednesday, September 23, 2015, 12:00 to 1:30 p.m. at Noor Restaurant, second floor of the Paseo. $40 for members and $45 for non-members, cash or checks only please.
In dealing with real estate in family law matters, the valuation of community property assets is paramount to negotiating equitable settlements. Division and/or disposition of real property in a divorce is one of the most complicated and important division of assets.Nancy Valentine

Included in this presentation will be a discussion of the practical impact of court decisions. There is a need for different types of property valuations: fair market value, rental value from the date of separation, retrospective appraisals to determine fair market value at various times of ownership , as well as the allocation of value to specific improvements that have been made to community or separate property.

Well respected throughout LA and Orange counties for his comprehensive appraisal work and expert witness testimonies, appraiser Larry Sommer is a consummate professional. Our PBA Real Estate Sponsor, Nancy Valentine has partnered with Larry to provide a lively discussion about Appraisals and Opinions of Value. Learn how both methodologies can be utilized in family law matters. When should an appraiser be used and when is it actually preferable to call in a local real estate professional? How are the reports utilized and why might they give varying results?

Come hear some entertaining real life examples from the trenches. Learn to integrate both sets of professionals into your family law cases, to the supreme benefit of your clients.

Questions may be submitted in advance.

Relevant California Court rulings:
Marriage of Davis, 61 Cal. 4th 846, 2015
Marriage of Watts , 171 Cal.App.3d 366, 1985
Marriage of Moore, 28 Cal.3d 366, 1980
Marriage of Marsden 130 Cal. App. 3rd 426, 1982

Please RSVP to Kathy at (626) 432-1985 or email to kathy@leklaw.net

What Does China’s Stock Market Mean For The U.S

You have likely heard: The Stock market of the world’s second-largest economy, China, fell dramatically last week by 11.5%, causing panic with global financial markets and losing nearly $10 trillion since their peak in June. Investors’ concerns over China’s economic slowdown have showed no signs of letting up. This has caused a ripple effect across world markets.

However it’s not only the stock market that has fallen in China. The government has also devalued the currency.  Additionally the real estate bubble has burst and prices have had a sharp decline.china stock market 1

But what does this mean for the real estate market in the United States? The Chinese stock market crash and the recent fall in real estate prices have given rise to an even stronger desire to seek out investments in safer economies. They consider the hard asset of real estate as the safest. Real estate in the U.S has been looked at as a stable asset, and demand for it has been felt locally: prices in with some of our local markets have skyrocketed in the past couple of years.

However the Chinese buyers now are facing two big changes: the real estate that they sell at home is bringing them less profit and the money that they have has been devalued!  The logic here is simple: China’s millionaires still seek safe investments in US Real Estate, yet they are adjusting their price point and seeking out less expensive areas and other locations besides the two coasts.

“There’s still a strong desire to buy in America, but maybe they’re not coming in with quite as strong offers,” Ken DeLeon told KCBS. Time will tell.