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Falling Mortgage Rates & The Rise of Spec Homes


Home sales in July climbed 1.9% from last year which was the first increase in twelve months. Since Then, There has been about a 50/50 split in listings selling over asking and vice versa. The spike in home sales could be attributed to the slow decline in mortgage rates, moderating prices in inventory, or even the fact that there was an extra business day during the month of July. Sales have since declined 10% each month which is great for buyers and investors looking to purchase in the current market.

August 2019 Mortgage Rates: 3.55% down from 4.94% in November 2018

LA County Average Home Price: $635,000


Falling Mortgage Rates & The Rise of Spec Homes


Home sales in July climbed 1.9% from last year which was the first increase in twelve months. Since Then, There has been about a 50/50 split in listings selling over asking and vice versa. The spike in home sales could be attributed to the slow decline in mortgage rates, moderating prices in inventory, or even the fact that there was an extra business day during the month of July. Sales have since declined 10% each month which is great for buyers and investors looking to purchase in the current market.

August 2019 Mortgage Rates: 3.55% down from 4.94% in November 2018

LA County Average Home Price: $635,000


Rocky & Bullwinkle Returns To WEHO


Rocky and Bullwinkle were the stars of J ward Productions most successful animation series. The show debuted as Rocky and Friends and after it flopped, it was revived as “The Bullwinkle Show.” At the time of the reboot, the statue went up as well which featured the two main characters erected in front of the Jay Ward Production Offices mimicking a spinning showgirl on a billboard from across the street that was used to market a Casino in Vegas. It was such a mockery that every time the showgirl’s bikini was painted a different color, The Sweater of The Bullwinkle statue shortly followed suit. Jay ended up passing away in 1989 but the statue surprisingly remained put for 52 years. However, it’s streak ended on July 22, 2013.

It was later restored by artist Rick Scozzarri and appeared in The Paley Center for media in Beverly Hills in October 2014. Then it moved to West Hollywood City Hall in August 2015 and later put in storage. This year, members and actors from the show unanimously voted in a town hall meeting to bring the Statue back to WEHO on Sunset and Holloway that will cost approximately $68,000 to erect. Citizens in WEHO are excited to have a piece of history placed back into WEHO.


Most Expensive Homes Sold in August


1110 MAYTOR PL  BEVERLY HILLS CA 90210

5 Bed | 5 Bath | 5,100 Sq. Ft.

Offered at $17,950,000

Sold For $15,500,000

1110 MAYTOR PL  BEVERLY HILLS CA 90210

The epitome of style, taste, & architecture. Designed by John Woolf & completely restored & updated in 2019. Very chic and glamorous combining old Hollywood w/ modern amenities & luxury, all new systems/finishes. The home is a stunning example of the Hollywood Regency style w/ theatricality, elegant proportions, & dramatic details. Located in the best section of Trousdale Estates, the home offers breathtaking views from the grand living room, rear covered patio & outdoor areas w/ large bay windows & columns lining the curved patio area. Embracing the Southern California indoor-outdoor lifestyle, en-suite bedrooms each open through floor-to-ceiling sliding doors to a private courtyard/terrace, while the master ste w/ spa-like bathroom has access to both pvt courtyard & large outdoor areas for major entertaining. Completely private, walled & gated w large motor court.

1860 CARLA RDG  BEVERLY HILLS CA 90210

4 Bed | 6 Bath| 5,300 Sq. Ft.

Offered at $15,459,000

Sold For $15,000,000

1860 CARLA RDG  BEVERLY HILLS CA 90210

Once in a lifetime view property in the most sought after location in all of Beverly Hills, the one and only Trousdale. This could be your dream property with an easy remodel with approximately 6,000 sq. ft. of livable interior or a total tear-down and you could build over 16,000 sq. ft. with basement on this oversized promontory flat pad with a massive motor court. Explosive jetliner views from Downtown to Beverly Hills, Century City, The Pacific Ocean and sunset views of the Getty. Make your dream your reality; lots in Trousdale like this rarely exist. 

933 N REXFORD DR  BEVERLY HILLS CA 90210

8 Bed | 2 Bath | 11,397 Sq. Ft.

Offered at $14,500,000

Sold For $13,200,000

933 N REXFORD DR  BEVERLY HILLS CA 90210

This gated Tennis court estate is the site of the former home of Academy Award and Golden Globe-winning actress Jane Wyman who was the first wife of President Ronald Reagan. A circular drive leads to this spectacular home with eight bedrooms and ten baths. The master suite features his and her baths, an office, and balcony that overlooks the beautiful grounds complete with pool and Tennis court. A unique opportunity to own a property in prime Beverly Hills, north of Sunset and minutes away from Rodeo Drive and award-winning hotels and restaurants. This magnificent property with over 29,000 square feet of land is a developer's dream, seldom available, in the most sought after and desirable of locations.

521 CHALETTE DR BEVERLY HILLS CA 90210

4 Bed | 5 Bath | 5,638 Sq. Ft.

Offered at $15,800,000

Sold For $12,600,000

521 CHALETTE DR BEVERLY HILLS CA 90210

Set behind gates on one of Trousdale's most desirable streets, this fully reimagined architectural home showcases the spectacular city and ocean views from every room. Architecturally inspiring interiors pay tribute to midcentury design while exuding warmth and sophistication. A soaring great room with a Portoro marble fireplace and dining area is lined with Fleetwood walls of glass that bring gorgeous grounds and far-reaching views to the forefront. A staggering chef's kitchen with Calacatta gold counters, plush screening room, frameless glass garage doors, and high-end Crestron smart home system fuse elegance and technology. Four ensuite bedrooms-including the magnificent master with sprawling, spa-like bath-are voluminous and bright, each lined with Fleetwood walls to a private patio or the pool terrace. Perfectly conceived for the California lifestyle, Fleetwood sliders join the interiors with grassy lawns, a zero-edge infinity pool and cabana overlooking breathtaking jetliner views.

603 N SIERRA DR BEVERLY HILLS CA 90210

5 Bed | 6 Bath | 5,140 Sq. Ft.

Offered at $9,300,000

Sold For $8,500,000

603 N SIERRA DR BEVERLY HILLS CA 90210

 Incredible designer perfect jewel box. Completely hedged and private, this amazing retreat is beyond compare. Enchanting courtyard with beautiful fountains and mature trees create a magical entry. The living room is absolute perfection with high ceilings, stunning fireplace, and French doors leading out to the charming yard. The dining room is perfect for large parties or more intimate gatherings. Family room off the kitchen is drenched in sunlight. Kitchen is a designer showplace with oversized eat-in island, French backsplash and original light fixtures from Grand Central Station. 4 huge bedrooms upstairs. Master bath and closet are incomparable, reminiscent of a Rodeo Drive boutique. Luxurious master is bathed in natural sunlight. All three additional bedrooms are en suite and offer incredible closet space. One additional bedroom is adjacent to the kitchen. Tall hedges create unrivaled privacy in the backyard. Pool. Grassy yard and outdoor kitchen. The abundance of parking, 4 in front,2 car garage. PERFECTION

410 EVELYN PL BEVERLY HILLS CA 90210

6 Bed | 8 Bath |

Offered at $8,300,000

Sold For $8,000,000

410 EVELYN PL BEVERLY HILLS CA 90210

522 N CAMDEN DR BEVERLY HILLS CA 90210

4 Bed | 6 Bath | 4,936 Sq. Ft.

Offered at $6,250,000

Sold For $6,500,000

522 N CAMDEN DR BEVERLY HILLS CA 90210

Wonderful traditional in pristine condition. Formal living rm w/ firepl w/ private exterior patio and refrigerated wine rm, formal dining and spacious family rm w/ firepl and bar, 1/2 bath off family rm, all opening w/ French doors to the private meticulously landscaped grounds w/ pool and barbecue for great entertaining and large storage rm that may be converted to indoor/outdoor living rm. Library w/ built-ins, refrigerated humidor and 1/2 bath downstairs can be turned back into a guest ste. Gourmet cook's kitchen and breakfast rm. Oversized master addition w/ sitting area, fireplace, and master bathroom w/ double showers, sinks and walk-in closets plus an oversized bathtub. 2 additional spacious bedrooms upstairs with en-suite bathroom and additional deck from the back bedroom, with fireplace (currently used as an office). All 4 gas/wood-burning fireplaces. First time on market 42 years! Beverly Hills School District.

1609 VIEWMONT DR LOS ANGELES CA 90069

3 Bed | 4 Bath | 4,300 Sq. Ft

Offered at $5,977,800

Sold For $5,900,000

1609 VIEWMONT DR LOS ANGELES CA 90069

Unobstructed City to Ocean Views! Custom Architectural on lower Sunset Strip with the explosive 300-degree city, mountain and ocean views. Private, end of a cul-de-sac, point lot. The execution of refined design aesthetic features nearly 6000sf of gorgeous indoor-outdoor entertainment spaces. Poliform-Miele kitchen, an impressive 3-story cascading staircase, floor-to-ceiling windows and doors with staggering ceiling heights not replicate today. Guest bedroom top level with two private suites, outdoor deck, and fully appointed designer baths. The exquisite master bedroom level is poolside with a stunning marble spa bath, ocean-view tub & shower + mega walk-in closet. Two car garage + one car off-street, onsite parking. Bonus undeveloped space.

8590 HOLLYWOOD LOS ANGELES CA 90069

3 Bed | 5 Bath | 4,334 Sq. Ft.

Offered at $6,495,000

Sold For $5,850,000

8590 HOLLYWOOD LOS ANGELES CA 90069

A 3-year masterful effort to reimagine this property has resulted in an incomparable estate residence unlike anything in the area. Steel reinforced construction on an almost entirely new pile foundation is the basis for this incredible structure with courtyard entry and limestone exterior facade. Open plan to dining and living areas, all with city views. Reclaimed antique solid oak wood floor in a custom herringbone pattern throughout. The kitchen features dual islands with new custom cabinetry, integrated Sub Zero/Wolf Appliances, and honed Nero Marquina countertops, flanked by a 400 square foot patio with firepit and expansive city views. Master suite with 180 square foot private patio, custom walk-in closet with island, and breathtaking master bath, all oriented to take advantage of the views. Two additional bedroom suites and a great room with entertainer's bar, all opening up to the raised infinity-edge pool with glass tile and black pebble finish with views.

410 WALKER DR BEVERLY HILLS CA 90210

4 Bed | 4 Bath | 3,450 Sq. Ft.

Offered at $5,995,000

Sold For $5,700,000

410 WALKER DR BEVERLY HILLS CA 90210

Beautifully designed contemporary 4BR, 3.5BA home in Trousdale with explosive views of the city, mountains & ocean. Truly a home with indoor/outdoor living at its finest! Enter into this private oasis which entails an open floor plan for entertaining, Terrazzo tile entry, gorgeous hardwood floors, a gourmet chef's kitchen with walk-in pantry, Sub Zero & Viking appliances which opens to a breakfast area, sumptuous family room with fireplace, floor to ceiling glass windows, dining room, plus office/den with fireplace. All these rooms have doors leading out to the heated pool, deck with views! Lavish master suite with large walk-in closet, sliding doors that lead to the patio and view, dual vanity in bathroom and door that leads to a garden. One other bedroom en suite completes that side of the home. Third bedroom en suite and laundry room are off the kitchen. Surround sound throughout the house. Two car garage. Heated pool and deck with gorgeous views!

520 EVELYN PL BEVERLY HILLS CA 90210

4 Bed | 6 Bath | 4,641 Sq. Ft.

Offered at $6,295,000

Sold For $5,625,000

520 EVELYN PL BEVERLY HILLS CA 90210

Nestled on a quiet cul-de-sac in the heart of Beverly Hills' prized Trousdale Estates, this absolutely stunning and bright residence offers a luxurious sanctuary with a remarkable balance of grandeur and warmth. The flowing single story floor plan features an oversized sun-lit grand foyer which leads to a large formal living room and cozy den. There is a spacious chef's kitchen, flanked by both a formal circular dining room and large breakfast room which features its own fireplace, built-in cabinetry and French doors leading to the outdoor patio and pool area. The bedroom gallery is crowned by a grandly sized sumptuous master suite, and all four bedrooms include en-suites. A delightful home for entertaining, irresistible from its lushly landscaped front, through to its entertaining-friendly back, with expansive patio, swimming pool and elevated spa, this home, in Beverly Hills' most coveted neighborhood is a sure-fire pleaser that must be seen!

1013 LAUREL WAY BEVERLY HILLS CA 90210

3 Bed | 4 Bath

Offered at $5,995,000

Sold For $5,575,000

1013 LAUREL WAY BEVERLY HILLS CA 90210

Charming one level storybook traditional on prime lower Laurel Way. North of Sunset, a few blocks from the Beverly Hills Hotel, this reimagined jewel box is perfection. Open floor plan boasts elegant living room with fireplace, family room, and formal dining room, drenched in sunlight. Glass sliders open to the incredible flat backyard with waterfall pool, outdoor dining area and fire pit. Chef's kitchen has breakfast area bathed in sunlight with views of the backyard. Three bedrooms, including the generous master, all en suite. Master has a tremendous closet, additional sitting area, and an exquisite master bath. Additional two bedrooms also have great closets. This is a perfect opportunity to live on one of the best streets in Beverly Hills for an amazing price!

241 S CAMDEN DR BEVERLY HILLS CA 90212

4 Bed | 7 Bath | 6,645 Sq. Ft.

Offered at $5,495,000

Sold For $5,495,000

241 S CAMDEN DR BEVERLY HILLS CA 90212

This is the crown jewel of the highly coveted Southwest Beverly Hills neighborhood. Private & gated, featuring 4 bedrooms+ 2 bonus rms & 2 fam rms(1 adj kitchen; 1 in basement). Aesthetically captivating in its well-appointed design details w/exemplary scale & floor plan. Quality abounds as you enter this meticulous & inviting, move-in condition home, approx 6,645 square feet (per assessor), built to perfection in 2008. Classic finishes w/modern touches, along with the finest of craftsmanship is expressed throughout. Outstanding chef's kitchen including butler's pantry offers a six-burner Wolf range, Sub-Zero refrigerator & oversized center island, linked to a family rm, both leading out to a verdant yard w/roof covered loggia plus electric retractable awning and lap pool w/water features. Dramatic windows, walnut wood floors, high ceilings & recessed lighting accent this Farm House style home w/wood-paneled elevator. Master Suite features his &her luxurious spa-like bathrooms & walk-in closets

1675 CARLA RDG BEVERLY HILLS CA 90210

3 Bed | 5 Bath | 3,644 Sq. Ft

Offered at $5,726,000

Sold for $5,075,000

1675 CARLA RDG BEVERLY HILLS CA 90210

Prime Trousdale Estates in Beverly Hills! 3 bed/4.5 bath Hollywood Regency in the spirit of John Elgin Woolf, on 25K plus sqft lot w/beautiful VIEWS. In a quiet, residential area is this gated property ready for a makeover or new construction. Bring your imagination & contractor to build/remodel into a fabulous home. A few short minutes to schools, shops, restaurants, public transportation.


Is Michelle Obama “Becoming” an Angeleno? Former first lady eyes Hollywood Hills


Okay, full disclosure, I love the Obama's and this news make me so excited because who wouldn't enjoy the fact that The Obamas are your distant neighbors. I say distant because I'm South of La Cienega while The Obama's are setting sight on the Bird Streets. Yep, You heard right! TMZ reported that Former First Lady Michelle Obama rented a 12K sf home in the Bird Streets and is reportedly checking out the neighborhood for a new home. The house that they fancy is named "The Shark House." 

9255 SWALLOW DR 

7 BED | 12 BATH | 12,800 SQ. FT. | Offered at $22,900,000

The most spectacular modern view estate in Los Angeles, featuring approx. 12,800 sf of incredible quality & scale. Walls of glass overlook spectacular jetliner views and incredible swimming pool w/ outdoor areas perfect for major entertaining. This incredible home features every conceivable amenity, including a full spa/wellness center w/ resistance pool, plunge pool, dry sauna & attached gym/massage room, a humidor room, full movie theater, entertainment area w/ tequila/vodka freezer, walk-in regulated wine rm, & the first ever open-air shark aquarium with a living wall canopy creating an incredible transformative Zen-like experience. The home is equipped with state-of-the-art smart house technology, custom automated doors, top designer finishes w/ imported materials throughout, Italian handcrafted and a complete water purification system. Located in the best section of Doheny Estates, 5 minutes from the best shopping, restaurants & nightlife in the city. Truly an incredible value.


Is Michelle Obama “Becoming” an Angeleno? Former first lady eyes Hollywood Hills


Michelle Obama rented out the Shark House (Credit: Getty Images)
Michelle Obama rented out the Shark House (Credit: Getty Images)

Okay, full disclosure, I love the Obama's and this news make me so excited because who wouldn't enjoy the fact that The Obamas are your distant neighbors. I say distant because I'm South of La Cienega while The Obama's are setting sight on the Bird Streets. Yep, You heard right! TMZ reported that Former First Lady Michelle Obama rented a 12K sf home in the Bird Streets and is reportedly checking out the neighborhood for a new home. The house that they fancy is named "The Shark House." 

9255 SWALLOW DR 

7 BED | 12 BATH | 12,800 SQ. FT. | Offered at $22,900,000

The most spectacular modern view estate in Los Angeles, featuring approx. 12,800 sf of incredible quality & scale. Walls of glass overlook spectacular jetliner views and incredible swimming pool w/ outdoor areas perfect for major entertaining. This incredible home features every conceivable amenity, including a full spa/wellness center w/ resistance pool, plunge pool, dry sauna & attached gym/massage room, a humidor room, full movie theater, entertainment area w/ tequila/vodka freezer, walk-in regulated wine rm, & the first ever open-air shark aquarium with a living wall canopy creating an incredible transformative Zen-like experience. The home is equipped with state-of-the-art smart house technology, custom automated doors, top designer finishes w/ imported materials throughout, Italian handcrafted and a complete water purification system. Located in the best section of Doheny Estates, 5 minutes from the best shopping, restaurants & nightlife in the city. Truly an incredible value.


Is Michelle Obama “Becoming” an Angeleno? Former first lady eyes Hollywood Hills


Michelle Obama rented out the Shark House (Credit: Getty Images)
Michelle Obama rented out the Shark House (Credit: Getty Images)

Okay, full disclosure, I love the Obama's and this news make me so excited because who wouldn't enjoy the fact that The Obamas are your distant neighbors. I say distant because I'm South of La Cienega while The Obama's are setting sight on the Bird Streets. Yep, You heard right! TMZ reported that Former First Lady Michelle Obama rented a 12K sf home in the Bird Streets and is reportedly checking out the neighborhood for a new home. The house that they fancy is named "The Shark House." 

9255 SWALLOW DR 

7 BED | 12 BATH | 12,800 SQ. FT. | Offered at $22,900,000

The most spectacular modern view estate in Los Angeles, featuring approx. 12,800 sf of incredible quality & scale. Walls of glass overlook spectacular jetliner views and incredible swimming pool w/ outdoor areas perfect for major entertaining. This incredible home features every conceivable amenity, including a full spa/wellness center w/ resistance pool, plunge pool, dry sauna & attached gym/massage room, a humidor room, full movie theater, entertainment area w/ tequila/vodka freezer, walk-in regulated wine rm, & the first ever open-air shark aquarium with a living wall canopy creating an incredible transformative Zen-like experience. The home is equipped with state-of-the-art smart house technology, custom automated doors, top designer finishes w/ imported materials throughout, Italian handcrafted and a complete water purification system. Located in the best section of Doheny Estates, 5 minutes from the best shopping, restaurants & nightlife in the city. Truly an incredible value.


Happy Fourth of July!


This is a test Blog Post. 


Happy Fourth of July!


Sedrick K. Benton, Luxury Entertainment Realtor with over 2+ years of industry experience and sales in Palm Springs, Venice, West Hollywood and DTLA. Sedrick specializes in online marketing and advertising curated to attract the most exposure to listings from well-qualified buyers in the marketplace.

Sedrick studied at The Sound of Audio Engineering Institute where he later began work as Junior Engineer at The Quad Studios in New York. He has a classical music background studying violin since age 4.

“My favorite place to relax is the Baldwin Hills Scenic Overlook. Once you make it up to those stairs and turn around, you just become so amazed once you witness the stunning 360 views of Los Angeles. I’m happy to call Los Angeles my home!” - Sedrick K. Benton