Living in Malibu | Home For Sale | 11870 Ellice St | $58,808,000
Welcome to the official "Arvin Haddad - ZipSmart" KZread channel. In this video, Arvin analyzes 11870 Ellice st, Malibu, CA, 90265, Which is currently listed for $58,808,000. He shares 3 things he like about this property and then 3 things he doesn't like about the property, all based on his 10 factors of quality which are Location, Lot Quality, Lot Orientation, Lot Utilization, Privacy, Views, Scale and Architectural style, Layout, Finishes, and the X-Factor. The X-Factor tries to encompass what the other 9 factors could not, such as an element that makes the property stand out and/or financial upside and the suitability of the property as a rental investment.
TIMESTAMPS:
00:00 Introduction To 11870 Ellice St
01:13 Three Things I Like
03:09 Three Things I Don't Like
05:15 Zipsmart.ai Forecast And My Analysis
He then analyses how this property is being marketed by focusing on the general marketing strategy, property price, the quality and arrangement of the photos, staging and how tidy or cluttered the property comes across.
At the end of the video he uses a machine learning artificial intelligence forecasting tool Zipsmart.ai that predicts future home values 5 months in advance.
๐ท If you wish to hire Arvin as your agent for purchase or sell of your property in California, email us at: arvin@arvinhaddad.com
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Are you having a difficult time selling or purchasing a property? You can book a consulting call from anywhere in the world with Arvin on a one on one setting by clicking on the
link below:
๐ท****๐๐ผ๐ผ๐ธ ๐ฎ ๐๐ผ๐ป๐๐๐น๐๐ถ๐ป๐ด ๐๐ฎ๐น๐น ๐๐ถ๐๐ต ๐๐ฟ๐๐ถ๐ป****
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๐ [It's important to note that the content of Arvinโs videos is solely his personal opinion and they are made for entertainment and educational purposes. His brokerage or video sponsors do not necessarily share his opinions. Property analysis is subjective in nature thus Arvin does not guarantee the accuracy of the information presented in his videos, please see the properties in person, review the information available online and contact the city to help you form your own independent decisions.]
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โ*: .๏ฝก. (๐๐ฟ๐๐ถ๐ป ๐๐ฎ๐ฑ๐ฑ๐ฎ๐ฑ - ๐ญ๐ถ๐ฝ๐ฆ๐บ๐ฎ๐ฟ๐) .๏ฝก.:*โ
ะัะบััะปะตั: 34
A buyer with this kind of wealth can afford any house in the world. Why would they pick one right on PCH? Makes no sense.
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
Ya true.. but At the right price people will overlook that
@user-kw8rv1br2j
28 ะบาฏะฝ ะฑาฑััะฝ
Price was reduced 50%!
Just discovered your channel a few days ago and youโve ruined me some of the houses I liked ๐ I mean it in a good way, Iโve learned a lot. This one is one of my favorite houses, except for some design elements, but overall, I like it a lot. Enes has a full video of this house, I would love to see a full reaction video like the ones youโre doing lately, one of this house and one reaction video of a house in Calabazas (also an Enesโ video tour). Great content!
Ii think this is one of the most beautiful mansions designed in the USA. The house is a two stories symmetrical modern contemporary mansion with front and back balconies. I like the modern inside decoration. I like the natural stones inside the house, I like the blue onyx in the master bathroom..
A buyer came to see this house , he was impressed by the entrance , loved its unique design , immersed in its courtyard , got flattered by ocean views ,almost ready to transfer money but then he hears some soothing sound in the pch and next is your imagination ๐ Personally I would love to have a single large onyx island in the kitchen bur yeah salute to the designers.
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
Heheheโฆ they just take a little longer to sellโฆ there has been quite a few big sales in that nook
The lot utilization is definitely an A+. I love the inner courtyard and the amazing ocean view. The pool is a bit too big for my taste, I like the pool next door, there is still some land left to use. Yes! the kitchen needs redecoration. PCH is a problem that turned and will continue to turn buyers away, plus it is too far from the city. Definitely! the price needs to drop. It's a difficult time to sell or purchase a property. One has to really be an authentic real estate agent to make a sale not just have the skill of selling its more than that. I always look forward to your videos keep up the good work.
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
Thank you heaven
Checked this property on Zillowโฆsold Aug 2023 at $27m then put back on market couple of months later for $38mโฆwhat gives? Buyers remorse? Huge reduction!
I really like this house. Kris did an amazing job! Thank you for the video!!
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
Thanks for the support
@etjulien
ะัะป ะฑาฑััะฝ
@@ArvinHaddadOfficial Doing what I can to help you get to your software release.
I like the structure of the house dimension area , the pool is perfect! but I don't really like the interior design
Positives: *I love the house itself. Perfect, wouldn't change a thing after watching Enez in depth tour. *I admit it's a unique taste but I think it's the best house I've seen & I've watched so much over the years. *It gets bonus points for ample parking (some homes built for 30+guests don't even have enough for the bedrooms/staff much less any guests) & the size compared to other malibu homes. Negatives: It's lower property taxes because it's in venture county. BUT It's on the wrong side of PCH & the wrong side of Malibu AND it's not even a secured gated community with shared ammenities. It takes an eternity to drive to anything other than that one resturant. Even getting onto the beach is a hassle. And of course the noice. It's one of those homes you just wish were located almost anywhere else.
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
Daniel thanks for your take i appreciate it
That backlit onyx even found it's way into the theater... Something I would swap out if i bought this home. Also, how loud would the traffic be on PCH?.. I grew up with a freeway at the end of my street and an amusement park in the other direction.. It got to be that it was all beautiful white noise to me. But then again, Im not well- heeled.๐
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
Didnโt notice that in the movie theater ๐ when I was in collage โฆ for 3 months I lived at a corner of railroad tracks and 101 freewayโฆ I feel u
It's a ridiculous price for that location. I agree with everything you said, though I do like the illuminated onyx island. This property is hoping to snag an international buyer who will pay for it without seeing it in person. If you're paying this kind of money, you want beachfront, not ocean view. Plus, that noise from pch would immediately turn off all buyers.
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
Ya the price is too high, thinking somone is gonna buy it site unseen is really wishful thinkingโฆ thanks for your input Stan Lee
I love this property. The kitchen is a horrific disaster.
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
ya the kitchen could have been done better
Hey man, can you please make a video about the "Flicker Estate" up on the Bird streets ?
@MOOD4hoax
ะัะป ะฑาฑััะฝ
THIS!!!!
@user-nw2hd9mw2v
11 ะฐะน ะฑาฑััะฝ
Maybe I can give you a quick and dirty analysis: Lot is terrible, most of the house is on forced caissons The house is way too long and narrow due to the shape of the lot The house is warm and feels livable, you have differentiation with the volleyball court and hookah lounge
Also does Malibu see an increase in transactions in the summer time?
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
Yes spring and summer it does best time to buy is fall and winter or after a fire
Too much color and a hotel type of finish perhaps. It is not selling at 38 Mil. The home next door at 11846 Ellice is a very elegant property that sold for 24.7 for half the built area of this on the same lot size.
Swimming in highway ๐ถ๐ผ๐ท
@ArvinHaddadOfficial
ะัะป ะฑาฑััะฝ
๐
15 million tops
@ArvinHaddadOfficial
8 ะฐะน ะฑาฑััะฝ
Itโs sold in auction and itโs back on the market
Aaall righty! Here we go! Finishes are great, stop being a vanilla safety manlet! Its refreshing not to have those swedish bleech beige vanilla wooden office palettes all around for a change. Also the house is made to withstand a nuclear war and a godzilla walkover so maybe, just maaaaybe you get the privilege to be allowed to pay 6 million a year malibu fire insurance. The drawbacks are..that pool you are swimming, huffing and puffing in is located 10 yards above the f****g PCH with all its massive traffic, exhausts and car sounds. Serenity has never been this coughing before. Also isolation. You live a plane ride away from LA proper out in the middle of fire country nowhere. Meaning if you have normal friends that have normal jobs and arent mega zillionaires nobody will ever come visit you because of time and cost and youll also grow tired having to spend half your day just to make a drive to the grocery store in nearby oregon. So youll live out there alone, never see anyone, grow lonely and bitter and one day youll die alone in that house (probably from PCH induced lung cancer) and nobody will ever know because nobody ever comes to visit you anyway. A very nice house in a very, very sad location!
All those 8's in the price, You know they're targeting the gullible Chinese buyers.