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Address: 6937 Vanland Trl, Los Angeles, CA 90068

Neighborhood: Sunset Strip – Hollywood Hills West

List Price: $1,395,000

The Place

This secret fairytale cottage in the Hollywood Hills grants the convenience of the city without compromising the lush rural charm unique to the secluded canyon it’s hidden within. The design matches the style of Roland E. Hill, legendary architect of the Disneyland Castle, complete with castle turrets, spiral stone stairs, bridges, hewn timber beams, and balconies with canyon views. The house has been further upgraded by the award winning designer Joshua Cain of Saxony Design build, with intricate woodwork, stained glass, and leaded windows. Upgraded comforts include the spacious bathroom shower, smart home heating and cooling for both bedrooms, and modern appliances. The state of the art accessories are seamlessly integrated alongside the cozy old-world luxuries, including a living room fireplace, hand-carved wooden balcony, and designer kitchen cabinets reminiscent of Snow White’s House. This unique three story house is nestled between two garden areas, including a fenced in grassy yard with a pond, waterfall, wooden bridge, and stone stage with outdoor electrical capacity ready for a hot tub.

[Description from listing]

Why we love it

The Promised Neverland is here! You’ll certainly feel the magic in this week’s home of the week. One look at this house and you’ll know exactly why we love it. Who would not want to live in a fairytale every day? Certainly not us! Owning this house is like getting yourself that Barbie dream house you’ve always wanted but now you get it in adult form. It’s the perfect irony, and the perfect home for kids at heart.

By the numbers

Selling Price: $1,395,000

In Property Taxes: $1,453

Square feet: 1,026 sqft

Beds: 2

Baths: 1.5

Stories: 2

Fireplaces: 1

The Tour

Listing and pictures courtesy of Lisa Wade | Realtor® | DRE #01955652 |  Power Brokers International

If you or anyone you know is an unrepresented buyer that would be interested in this property, message us and let’s go take a look!

If you’ve been pondering buying a house this year, but are having second thoughts because of the current rising home prices and increasing mortgage rates, then here’s something you should consider. According to the latest report from ATTOM Data, in the majority of the country, owning a home is actually much more affordable than renting.

In the latest Single-Family Rent Index from CoreLogic, single-family rent has the fastest year-over-year growth in over 16 years when comparing data for November each year.

What this means for you, potential home buyer, is that while it’s true that home prices and mortgage rates are rising, that also includes monthly rents. As a prospective buyer, rising rates and prices shouldn’t faze you because rents are skyrocketing. The major difference is, when you rent, the rising cost goes directly to your landlord’s pockets and it does not deliver any form of return for you.

In contrast, when you buy a home, your monthly mortgage payments serve as a form of forced savings. Over time, as you pay down your loans and as home values continue to rise, ultimately, you’re building equity and by default, your own net worth. Not only that, but you’ll lock in your mortgage payment for the duration of your loan which is usually 15 to 30 years, all the while giving yourself a stable and reliable monthly payment.

If you’re still asking yourself if you should keep renting or if it’s the time to buy, remember that homeownership still remains the more affordable option. If we phrase it this way, the real question becomes: is renting worth it?

If you’re weighing your options between renting and buying, it’s important to look at the bigger picture. It’s true that buying a property can feel like a daunting process, so having a trusted advisor on your side is key. Work with a Landon Pacific agent to explore your options so you can learn more about the benefits of owning a home today.

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