Carbon Monoxide Alarms Now Mandatory in California!

If you don't have a carbon monoxide alarm installed in your home or rental property, you are breaking the law now according to California Law. Don't worry too much, it's a pretty easy fix to keep you and/or your tenants safe.

Carbon Monoxide is a deadly gas that is odorless and colorless and kills about 500 people each year.  Senate Billl 183 is the bill that brought these changes outlined in the Carbon Monoxide Poisoning Prevention Act of 2010 in order to protect California homeowners and occupants. Here's what you can expect:

All properties that burn fossil fuel (gas, coal, etc) OR  have an attached garage will be required to install a State Fire Marshall approved CO Alarm by July 1, 2011. Battery powered units can be used as can plug-in and hardwired units just so long as they have a battery backup. In addition, if the unit doubles as a smoke detector, the alarm sound must be audibly different than the alarm for smoke detection. Much like smoke detectors, property owners will be responsible for maintaining the devices. Tenants must give notice to landlords when Carbon Monoxide Alarms are not operable. From that point, landlords have about 30 days to remedy the situation.

That is pretty much it. Please let us know if you have questions as to whether is required to have a CO alarm in your home or if need a referral to have a unit installed.

For Lease - 2118 Timberwood Irvine, CA

For Lease – 2118 Timberwood Irvine, CA – $1,595/month

Upscale end unit in Northwood Pointe’s gated Collage includes master suite with built in office retreat, full bath. Open floor plan with vaulted ceilings, separate laundry room with storage, real wood floors, light and bright dining room. Living room with automatic lighting fireplace, ceiling fan and easy access to the sparkling kitchen and breakfast counter. Living area is on the second floor with no one living below – only garages. Working from home? This is the place!


1 bed 1 bath
1,000 Square Feet condo

Private Patio
Direct Access 1 car Garage with extra Storage

For more info, Please visit
http://foustonline.com/property/for-lease/2118-timberwood-irvine-ca/

826 W. Lambert Rd C La Habra CA 90631 - For Lease - $1595/mo

Large 2 Bedroom End Unit Townhouse with Private Laundry and Private 2 Car Garage. This 1,412 sqft condo has been recently remodeled and hosts a New Kitchen with Granite Counters, New Cabinets, New Tile Floors, New Stove, New Dishwasher, and a Stainless Steel Sink. Large Living Room has Fireplace, New Carpet, and New Fixtures. Master Suite has vaulted ceilings and walk in closet. This is a Townhouse style unit so there are no upstairs or downstairs neighbors. There is also an enclosed patio with new Vinyl Fencing and the garage has a bonus room that would make a good workshop or tool room.

826 W. Lambert Rd Unit C La Habra CA 90631

Lakeview Townhomes

2 Bed 1.5 Bath

1,412 Square Feet

2 Car Garage with Direct access

Private Laundry Hookups

Additional Tool/Storage Room in Garage

Tenant pays all utilities (water, gas, trash, electricity)

$1595/month

Security Deposit $1595

826 Lambert La Habra CA

















For Sale - Phillips Ranch Condo, An Investor Special - $204,000

Fantastic Phillips Meadows condo with 3rd Bedroom Loft. This is an Investor Special which means owner prefers to sell with existing tenant in place. Property rents for $1725 per month with almost a year still on current tenants lease. With current tenant to remain in place, new owner will not have to incure initial leasing vacancies and expenses. Tenants have good documentable payment history.

Great Schools, Quiet Streets, Nearby Parks, New Shopping Center, Good Freeway Access, and an overall Fantastic Neighborhood make this a wonderful location to call home! 2 Full Bedrooms, one of which is a Master Suite, plus a loft (with 1/2 bath and closet) that functions as a 3rd Bedroom and brings more rental income! Vaulted Celings, Balcony, Garage Parking, Inside Laundry, Association Pool/Spa. This is NOT a short sale, just a motivated owner who wants it sold and has equity. All offers will be promptly responded to, and all reasonable offers will be considered.

 This property is a little more difficult to show than normal because tenant should not be disturbed. We can make showing appointments but only with buyers prequalified by a reputable lending institution.

2 Bed + Loft

2.5 Baths

Garage Parking

Private Laundry

Open Feel

Great rental area

HOA dues $250/month

Loans

Investors will need minimum 25% down

Homeowners 3-5% down

Asking $204,000

The Cheapest House For Sale in Orange County - What You Get For The Price of a New Truck

As a follow up to the Most Expensive Home For Sale in Orange County, we wanted to also share The Cheapest House (not a condo or mobile home) for sale in Orange County. Thought OC was nothing but tract homes and gated communities? Not here! You literally will have zero neighbors other than the squirrels, coyotes, and rattlesnakes. This 1 Bedroom 700sqft house is 5 miles down a dirt road in the middle of Trabuco Canyon.

Sound interesting? Always thought of opening up your own moonshine still? Not so fast there Jed Clampet, the National Forest has special use restrictions on this home. First and foremost, you MUST have a primary residence elsewhere. In other words, they don't want you making this your main home and starting a new career in the extraction of Trabuco Tea.

How does that work? How can they enforce it? The catch is the house is on leased land and carries a use restriction for use as a temporary shelter for hikers, fisherman, and other nature users.

Unique property features include:

Water and Propane tank

Generator
Solar Power
Next to a seasonal stream
Hiking distance to Holy Jim Falls
Showings arranged with Local Fire Marshall

If you're interested in seeing the home, you'll need to make sure you have a vehicle suitable for off road use as the driveway is literally a bumpy 5 mile dirt road.  

$44,000
13 Holy Jim
Trabuco Canyon, CA

For Sale - 351 N. Ford Ave #234 Fullerton CA 92832 - $99,900

For Sale - 351 N. Ford Ave #234 Fullerton CA 92832 - $99,900

Senior Community (55+ yrs only). Highly desired 1 bedroom condo at Downtown Fullerton's most popular Senior Community. Fullerton Fountains is in the city of Fullerton which is near the cities of Brea, Yorba Linda, Anaheim, Placentia, La Habra, and Buena Park. Unit is on mid level (2nd floor) in the north building. This lovely 1 bedroom condo has spacious living room and kitchen, newer stove, newer AC, private balcony, refrigerator, is directly adjacent to association sun deck, and is in very good condition. Association amenities include Pool, Spa, Gated Parking, Clubhouse/Meeting Rooms. Secured Buildings, BBQ's, and Sundeck. This community is in Downtown Fullerton and very conveniently located near shopping, restaurants, grocery stores, schools, churches, and libraries. Again, this is a Senior Community only which means you can't live here if you are under 55 (or 45 if you're with somebody 55+).

                
                  351 N. Ford Ave #234

Fullerton CA 92832

Only $99,900
1 Bedroom
1 Bath
462 sqft of living space
Gated Parking
Water and Gas paid by HOA
HOA dues $210 per month

The Most Expensive Home For Sale in Orange County - What You Get For a Paltry $37mil

What is the most expensive home for sale in Orange County? At this moment, it is this one: Villa del Lago, at an asking price of ONLY $37,000,000. :)

Villa del Lago has been a development project that started back in 2003 when the land was purchased from the Irvine Company. The property has been the subject of much controversy as the developer is allegedly in default with the bank who offered the construction loan of roughly $20,000,000 (which developer claims was never lent in full). The property has come down from the previous asking price of $57,000,000 and is considered to be at risk of foreclosure.

All that stuff aside, the property itself is amazing. 3 levels, 8 bedrooms, 11 bathrooms, parking for 17 cars, and over 18,258 sqft of living space. Sitting on nearly 12.5 acres of land in Newport Coast, the grounds include private lake with fountain, equestrian ring, tennis courts, private wine vineyard, pool pavilion. wine cave, and guest house.

 But what about the price and is it right?  I'm guessing if you're like me and have to ask, it probably doesn't matter for you either. But just for fun, we did some research and the results are interesting. We looked at the most recent sales in the area and found that the most expensive home sold in the past year was right around $18,000,0000. This was a cliff side home in Corona Del Mar with dramatic ocean views, 7,000sqft of living space, and under a half acre lot. If we go back to 2009, we can find one of the highest sales to ever take place when a Harbor Island Estate in Newport Beach sold for $26,000,000 giving the buyers about 11,000 sqft of living space.

How much per month? Don't worry, you (or anybody else) can't get a home loan for this kind of money but if you could finance the entire thing, the monthly payment would be a very reasonable (wait for it...) $219,000!

While the price of this home is certainly out of scale for most of Orange County, an asking price like this is nothing out of the ordinary in places like Beverly Hills or Malibu. Do I think its a little high. Yes I do, especially given the fact that its twice the price of the last most recent comparable and we're not in Malibu. Still, it is definitely more home and a much larger lot in an area where land is insanely valuable. So to be fair, it really is hard for anybody to judge the value on this home given that nothing similar may have ever sold on the market. But if I were pressed, I'll bet they get about $28 million in the end for this one.  

   

Property listed by McMonigle Group, Inc