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HOMES & PROPERTY
Mountain Views News Saturday, January 5, 2013
One Of A Kind: Featuring unique homes and gardens and the people who create them Story by Chris Bertrand Photos by Carol Canterbury
LIVE WORK OPPORTUNITY JUST LISTED IN SIERRA MADRE
Dreamed of running your salon or
other business from the convenience
of your home?
This 1800 square foot, single family
home is zoned RP, Residential
Professional, and might be just the
answer to your live/work dilemma!
The delightful Craftsman home is
located on the western edge of Sierra
Madre’s business district, and also includes frontage on a
small lane, as well. The property offers great visibility from the
boulevard.
The single level home offers two master suites, each with a
private bath, plus a third bedroom and a den. The floorplan
provides great flexibility for a home business, according to
listing agent, Carol Canterbury of Prudential Real Estate in
Sierra Madre, and is currently used as such.
The current owner is also offering the beauty salon license that
can be transferred at the time of a sale. The property has also
been used as the business office for a legal practice recently.
Currently the dining room does double duty as the salon setup,
with a salon sink that can be hidden when covered, and used as
an end table. Two different front doors allow for separation of
business and private residence, if desired.
The home, built in 1922, offers a charming fireplace in the
living room, extensive hardwood flooring, an arched, built-
in hutch in the dining room and a generous eat in kitchen. A
french door, with side lights, leads from the living room to the
delightful side and back yards, which have been professionally
landscaped with brick patios and planting beds.
The covered front porch provides a cheerful place to enjoy a
favorite beverage, and watch the neighborhood passersby, or
for queued up clients to wait in a pleasant environment. Client
parking is available on Sierra Madre Boulevard, while a two car
garage provides onsite owner parking.
The downtown Sierra Madre location is very attractive for a
business, and is near the bus stop connecting to the Gold Line
train to downtown LA, and only a block to city hall, Memorial
Park and the Sierra Madre Library. Several local eateries are
within a short walk, as well.
373 W. Sierra Madre Boulevard is offered at $775,000 by Carol Canterbury of Prudential California Realty in Sierra Madre. For more information on this property or to arrange a showing, contact the agent
at 626-252-6322 or CarolCanterbury@hotmail.com. Have a story idea for “One of a Kind”? Send the details to Chris Bertrand at C.Bertrand@MtnViewsNews.com today!
DEVILS IN THE DETAILS
When you receive an Offer To Purchase, you are likely to focus on the price. You might be ecstatic
over a full price offer, but you should be aware how "contingencies" could affect the likelihood of
success.
Almost every offer has a mortgage contingency, stating that the buyer will secure financing at a certain
rate and for a certain term. Make sure these factors are realistic. A buyer seeking a 30-year loan
at 4% with no points may be hedging their bets if your agent advises that these loans are typically
written at 7% with 1.5 points. Unrealistic terms can allow the buyer to back out if they get cold feet
or find another property they prefer.
Another sticky contingency more common these days is when a buyer states that they must sell their
home before they can finalize the purchase of yours. There has to be a realistic time limit, so the
buyer doesn't tie up your listing.
It's wise to respond with a "kick-out" clause that allows you to keep your home on the market while
the buyers promote theirs, offering them a 72-hour period to fulfill the contract if you should receive
another offer in the interim.
These two examples are just the tip of the iceberg, so sit and discuss each line of the offer with your
agent before making your decision.
ROSE PRUNING
Saturday, January 12
10am–1 pm
Palm Room
Jill Morganelli, Instructor
$25 Arboretum members / $30 non-members (includes Garden admission)
Join Jill Morganelli, the curator of the Arboretum’s Victorian Rose Garden, for a workshop about
rose pruning and rose care. January is a big month for roses; proper pruning and soil building will
determine the health and beauty of roses throughout the year. Jill will demonstrate all the techniques
for pruning a variety of different types of roses, lead a discussion on disease control and soil building,
and teach you how to nurture perfect roses!
At 10am, come to the Palm Room for a very informative (i.e. essential!) talk, and then walk to the
Rose Garden for a demonstration and question/answer session…Bring water and a hat.
Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: editor@mtnviewsnews.com Website: www.mtnviewsnews.com
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