Hot Property – $7 Million Cash Deal for Heidi and Seal

Hot Property – $7 Million Cash Deal for Heidi and Seal

Four-time Grammy Award winner, Seal, and his beautiful wife Heidi Klum sold their Beverly Hills Post Office-area home in an all-cash $7 million dollar deal after receiving multiple offers.  The privately gated 9,000 square foot home  features 6 bedrooms, 9-1/2 bathrooms, a glass-enclosed wine vault, wood paneled library, tennis courts and swimming pool on more than 4 acres of land. The Beverly Hills Post Office area is so named because it lies within the 90210 zip code that is assigned to the Beverly Hills Post Office.  However, the properties within this area actually lie outside of the Beverly Hills city limits.  When Beverly Hills was incorporated in 1914, the northern border was about one mile north of Sunset Boulevard, with the exception of Trousdale Estates.  The remaining section north to Mulholland Drive was left as part of the hills of Los Angeles.  In 1963 the area was included within the 90210 Zip Code, which also covers the northern part of Beverly Hills. Since January 2011, homes have sold in this area for as much as low as $504,950 and as high as...

Drop of the Day – Hollywood Hills Home Drops $100,000 from $899,000 to $799,000

Looking for views in the Hollywood Hills but don’t want to spend a 1 million dollars to get them. Here you go…3B/3.5 Ba and it’s all on a gated, private street. Talk about privacy. And this home would be particularly convenient if you work in either the valley or the city. And today it dropped $100,000. Want to see more? If you’re curious, we’re here to help. Call us at 310-888-2422 or email info@sheltrgroup.com or sign up for our monthly email...

Roads to Avoid During Carmageddon – 405 Closure THIS WEEKEND

Yes, it’s here. So, if you’re not going out of town, you should at least be aware of the places where the traffic will be the worst. Really, unless you have to go somewhere across the city, (seriously, most people should have cancelled their events), I would hang out in my immediate neighborhood. Try to stay out of the car for one weekend! Could be good for our air quality and you won’t want to rip your hair out! With the 405 Freeway set to be closed this weekend, transportation officials have identified several “hot spots” that are expected to be hit hard by traffic gridlock. The Times’ Dan Wiekel identified some of them: CANYON ROADS: It’s the mostly two-lane, north-south canyon roads connecting the San Fernando Valley and western Los Angeles County. Those roads, which traverse affluent neighborhoods such as Bel-Air, can bog down in normal weekend traffic. They include Sepulveda Boulevard, Beverly Glen Boulevard, Benedict Canyon Drive, Coldwater Canyon Drive, Laurel Canyon Boulevard and Cahuenga Boulevard. Despite extensive public warnings to stay away from the area, representatives of some canyon neighborhood groups are dreading a hillside traffic nightmare — or worse. COASTAL ROUTES: Pacific Coast Highway in Malibu is a tourist and beachgoer magnet on almost any summer weekend. Officials fear that drivers who might angle around the closure to the west — particularly those traveling to or from Ventura and the Central Coast — could overload the scenic highway. Although Topanga Canyon Boulevard has been designated an alternative route, officials are urging people to avoid that narrow, winding mountain pass, which links Pacific Coast Highway to...

Want To Live in the House of a Princess? 26966 Malibu Cove Colony Dr. Featured on Huffington Post

Check it out! Our listing is featured on Huffington Post and its hypothesized back story, it’s environment and architecture have caused quite a bit of chatter. What do you have to say about this fabulous beach front property in Malibu?   Persian Princess’ Malibu Home For $5.7 Million We recently wrote about a LA house built for a beauty queen and owned by an Internet king, and now we’ve found a Malibu home built for a princess. This house in the Malibu Colony community was built for a “Persian princess,” according to an email its owner sent to Curbed LA. An educated guess about its 1978 construction places it under the ownership of Shanaz Pahlavi, the Shah’s first daughter. Since then, the current occupant says, it has been owned by two other families. So what did all that Iranian government money get Ms. Pahlavi? First of all, the home, built by an engineering company called Vincent Kevin Kelly and Associates, uses compressed, curved wooden beams that run from the front to the back of the house. This swanky ’70s feature is highlighted by light-hued wood and stone floors and an edgy spiral staircase. There are three bedrooms and three bathrooms, as well as two fireplaces. While the cedar sauna is a nice touch, it’s outshined by the home’s spacious deck, which hovers above the sands of the Pacific. The 2,948-square-foot, two-story house is listed at $5.7 million by the Sheltr Group. Photos by Michael McNamara are provided courtesy of the official listing....

Caravan Tuesdays – 3+1 in Marina Adjacent for $659,000

On Tuesdays we caravan to see what the new or reduced inventory looks like. Today was a slow day due the holiday, but I saw one house that I thought had the potential to be a nice first home, though it only has one bathroom. But, to make up for that one bathroom, it’s pretty much move-in ready, it’s got a nice little backyard and even a white picket fence. Definitely worth checking out. If you’re looking for a house like this, don’t hesitate to contact us at 310-888-2422 or email at...