Ernie Carswell

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Our new home development featured today as Home of the Week for Los Angeles Times

Our new home development featured today as Home of the Week for Los Angeles Times, front cover Business section.

Los Angeles Times Home of the Week,0,1195761.story

May 27, 2012

This ultra-modern single-family home in the Atwater Village area is part of a 27-house small-lot development. The three-story, energy-efficient house features floor-to-ceiling windows, a rooftop terrace and loft-like living spaces.Location:3244 W. Casitas Ave. #9, Los Angeles 90039Asking price: $1.045 million

Year built: 2011

House size: Two bedrooms, 31/2 bathrooms, 2,319 square feet

Lot size: 2,228 square feet

Features: First-floor patio/garden, roof terrace with built-in barbecue and kitchen, solar panels, dual-pane windows, tankless water heaters, steel construction, two-car garage with dumbwaiter.


About the area: In the first quarter, 49 single-family homes sold in the 90039 ZIP Code at a median price of $515,000, according to DataQuick. That was a 15.1% increase from the median during the first quarter last year.

Listing agents: Ernie Carswell, Eric Lavey, Kathleen Mahoney, of Teles Properties, (310) 270-9298

—Lauren Beale


Written by Ernie Carswell

May 27, 2012 at 10:07 pm

Carswell quoted a number of times

Celebrity homes for sale

By Lauren Beale, Los Angeles TimesMay 19, 2012, 8:12 p.m.
Their internationally recognized names sell music and movie tickets. They promote perfumes and presidents. But when it comes to selling their own houses, celebrities often find that their cachet doesn’t pull in the cash.Actors Goldie Hawn and Kurt Russellhaven’t found a buyer for their Malibu beach house, which comes with a raft of celeb-friendly amenities including a covered outdoor living room, a spa-like bath retreat and a meditation room. So the couple have nipped $3.5 million from last year’s price, listing the Balinese-influenced oceanfront spread at $11.2 million.Ozzy and Sharon Osbourne managed to sell their Malibu place for $7.925 million — nearly 21% off the original asking price. But the Architectural Digest-worthy Hidden Hills mansion owned by the first couple of hard rock has had no taker since it was listed last year at almost $13 million.Actress Meg Ryanhas put her Bel-Air manse back on the market at $11.4 million — a 42% price chop from its 2008 listing.Although the masses respond to rock-star branding, housing is too expensive for celebrity ownership to make a measurable dollar difference, said Elizabeth Currid-Halkett, author of “Starstruck: The Business of Celebrity” and an associate professor at the USC School of Policy, Planning and Development.

“This is different than buying a sports drink because Tiger Woods endorsed it,” Currid-Halkett said. Home value is too complicated, she said, with lots of variables: the season, the location, the quality of the home.

“In the art world, there is this notion of provenance — that who owns something can detract or add to the value,” Currid-Halkett said. “But it does not seem to translate to celebrity homes.”

Having a big-name seller certainly draws attention to a home listing and can speed up the process.

The Los Feliz home of singer Katy Perry and actor Russell Brand went into escrow last summer nine days after it appeared on the Multiple Listing Service.

“I immediately had people knocking on the door,” said Ernie Carswell, a founding partner at Teles Properties.

The Perry and Brand names increased the number of views online, and the word among agents spread more quickly, shortening the sales time, Carswell said.

The intense interest failed to pump up the price, though. The gated 1920s home sold for $3.3 million — about 3% shy of the asking price.

The value of a house has more to do with the individual stamp the person puts on the property, real estate experts say, than a famous autograph on the sales contract.

“Typically what adds the value is what they do to the home,” said Ellen Galeski, owner of Appraisals by Ashby, a Los Angeles company with about a dozen appraisers and a history of working with celebrity clientele.

The homes of stars are often redone by designers who have fabrics made for the draperies, use time-consuming methods such as Venetian painting or travel abroad to select the marble, she said. “One brought in painters from Italy to do murals, and they spent a month on it.”

When actress Jennifer Aniston put her 10,000-square-foot house in Beverly Hills on the market at $42 million last year, she turned the heads of even seasoned real estate professionals.

“Every agent in town wanted to go see it,” Carswell said.

Although Aniston didn’t get that initial asking price, the $35 million paid by Pacific Investment Management Co. co-founder and billionaire Bill Gross caused a collective intake of breath in the local real estate community.

Aniston is not only a highly visible actress but she is also known to have impeccable taste in home furnishings and design, said Drew Mandile, a real estate agent with Sotheby’s.

Copyright © 2012, Los Angeles Times

Written by Ernie Carswell

May 20, 2012 at 6:14 pm

Posted in Media

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Clip of Ernie Carswell with Christopher Damon in Luxury Lifestyles Premier

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For the southern California audience, a new TV show premiers tomorrow on KCOP, channel 13 at 11am, named Luxury Lifestyles, and I’ll be hosting viewers to a visual treat inside my Laguna Beach estate listing, priced at $ 18.8 million.  The show mixes humor with real estate, giving the viewer the realistic feeling they are actually walking the property with us. I hope you’ll be able to tune in, or, for your convenience I’ve attached the 4-5 min clip of my tour from the show here.  Ernie

Written by Ernie Carswell

March 5, 2011 at 6:22 pm

SOLD: Katey Sagal, Kurt Sutter sell Hollywood Hills estate

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Montcalm Pool

Actress Katey Sagal and her husband, writer-producer Kurt Sutter, have sold their Hollywood Hills compound for $3.77 million, the Multiple Listing Service shows.

The 1937 traditional-style house sits on more than half an acre with mountain and city light views. There is a library, a great room, a gym, vaulted beamed ceilings and five fireplaces. Within about 7,000 square feet of living space are six bedrooms and eight bathrooms.

The gated compound has a separate office, a guest apartment with a kitchen, an infinity pool, a sports court and mature trees and landscaping.

Although Sagal is often associated with her role as Peggy Bundy on “Married … With Children” (1987-97), she also has been a singer and songwriter for decades doing backup vocals for Bette Midler, Bob Dylan and Tanya Tucker, among others. She has two solo albums. More recent acting roles include the voice of Turanga Leela on “Futurama” (1999-present) and a regular part on “Sons of Anarchy” (2008-10).

Sutter wrote, acted and produced “The Shield” (2004-08) and “Sons of Anarchy,” which he also created.

Property records indicate the house was purchased for $3.71 million in 2005.

The listing agents were Ernie Carswell of Teles Properties, Beverly Hills, and Heidi Lake of Sotheby’s International Realty, Beverly Hills, according to the MLS. Leah Lail of Coldwell Banker’s Beverly Hills East office represented the buyer.

Los Angeles Times, 12-27-2010

Written by Ernie Carswell

January 4, 2011 at 6:11 am

October 2010 Los Angeles Micro Market Report

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The Los Angeles October 2010 Micro Market Report for single family homes is now available.  Please click the link below to download.

October 2010 Los Angeles Micro Market Report for Single Family Homes

Written by Ernie Carswell

November 26, 2010 at 10:17 am

September 2010 Los Angeles Micro Market Report

The Los Angeles September 2010 Micro Market Report for single family homes is now available.  Please click the link below to download.

September 2010 Los Angeles Micro Market Report for Single Family Homes

Written by Ernie Carswell

October 16, 2010 at 11:28 am

August 2010 Los Angeles Micro Market Report

The Los Angeles August 2010 Micro Market Report for single family homes is now available.  Please click the link below to download.

August 2010 Los Angeles Micro Market Report for Single Family Homes

Written by Ernie Carswell

September 28, 2010 at 10:30 am