20 minute read

WESTSIDE HAPPENINGS

Thursday, May 20

“Happy and Gay” by Kentwood Players Virtual Theater,

Through May 23 Presented by Kentwood Players Virtual Theater Series, “Happy and Gay” by Mary Steelsmith, adapted for Zoom and directed by Susan Stangl, is about two long-time church ladies, Betty (Sarilee Kahn) and Veronica (Valerie Sullivan) that have seen it all – until today as they work together from their own homes to prepare for a “gay wedding” reception. But adjusting to the new Zoom technology proves to be a bit of a challenge! Hilarity and social commentary abound as the two discuss proper procedures and wonder what their congregation will say about their preacher’s radical decision to use the church for these kinds of affairs. All programming streams can be watched for free at youtube.com/kentwoodplayers

COURTESY OF SANTA MONICA SYMPHONY

On Sunday May 30 at 2 p.m., the Santa Monica Symphony will host a Memorial Day Weekend concert live stream featuring works from Bach, Brahms and others.

Saturday, May 22

Marina del Rey Farmers

Market, 8 to 9 a.m. (seniors), 9 a.m. to 2 p.m. (general public) This weekly outdoor event allows Westside residents to support local produce sellers and other vendors. Food from a wide variety of businesses is available for purchase. Masks are required and only 40 people are allowed to shop at any one time. Held in parking lot 11 at 14101 Panay Way. More information is available at beaches.lacounty.gov/ mdrfarmersmarket

Theatricum Jazz Brunch,

11 a.m. to 2 p.m. Bring your own brunch and enjoy an afternoon of jazz streamed live into your home from the rustic outdoor amphitheater at Will Geer’s Theatricum Botanicum in Topanga. Admission to the live Zoom event is free. Legendary bass player Darryl “Dnotes” Harris (who regularly plays with Stevie Wonder) heads up the band. He will be joined by lead guitarist Bray Ghiglia; acoustic guitarist and vocalist Sariyah Idan; Rivers, on African drums; vocalists Chezere Brathwaite and Camille Lourde Wyatt; and other surprise guests for an afternoon of jazz standards, original music, freestyle jazz and chart-topping hits. Tickets are free but donations are welcome. Get the Zoom link at theatricum.com/jazzbrunch

California Strong Drive-In

Movie Fundraiser, 6 p.m. California Strong announced its next major fundraiser for California residents impacted by natural disasters and tragic events over the past few years. Purchase tickets to a summertime drive-in showing of “Major League”. The drive-in movie event will take place at Calamigos Ranch in Malibu and actor Charlie Sheen will be doing a Q&A. Gates open at 6 p.m. with the pre-show beginning at 7:30 p.m. and the movie starting at 8 p.m. There will be food trucks, snack shacks and drink options on-site. All proceeds will benefit families in need. For more information and to purchase tickets, visit californiastrong.org

Sunday, May 23

Santa Monica Main Street

Farmers’ Market, 8:30 a.m. to 1:30 p.m. Shop for local fresh produce and prepared foods from local restaurants starting at 2640 Main Street. You can also enjoy musical entertainment from featured weekly bands, face painting, balloon designs, and if you catch it on the right week, a cooking demonstration featuring local produce.

Mar Vista Farmers Market,

9 a.m. to 2 p.m. This vibrant, year-round market offers local produce, prepared foods, kids crafts and live events. Located at 12198 Venice Blvd., Grand View at Venice Boulevard. For more information, visit marvistafarmersmarket.org Spring Gala, 5:30 to 7 p.m. Congregation Mishkon Tephilo of Venice will hold its annual gala online. Honoree Cindy Goldstein is being saluted for more than three decades of service to the congregation and a personal history that mirrors contemporary American Jewish life. The virtual gala is Mishkon’s major fundraiser of the year. It replaces an in-person event that was first postponed, then cancelled, because of the pandemic. Called Zoom Gala Gala (a name suggested by Rabbi Katzan and inspired by a Hebrew folk son), the event will also be one of many welcomes for the new rabbi, who emphasized his enthusiasm for the role. The only happy hour and cocktail party is free (tax-deductible donations encouraged) with remarks, music and ruach (spirit) offered by Mishkon musicians, personalities and political leaders. For more information, visit marvistafarmersmarket.org

Venice Electric Light Parade,

6 p.m. Marcus Gladney created the Venice Electric Light Parade to bring together bike enthusiasts who love to light up their bikes and set out into the night along the beautiful Venice Beach boardwalk. The group meets every Sunday at sunset, at Windward Plaza on the boardwalk, down from the worldfamous Venice sign. Must have safety lights and wheel lights (not required to ride) will be available for purchase. As many as 100 people show up each Sunday night for a chance to join the community for a few hours of fun. Everyone welcome, all ages, all bikes. For more information, visit facebook.com/ veniceelectriclightparade

Sunday, May 30

Memorial Day Weekend

Concert Live Stream, 2 p.m. The Santa Monica Symphony Orchestra will be hosting a Memorial Day Weekend Concert live stream featuring works from Bach, Kuhlau, Doppler, HensonConant and Brahms. The concert will be followed by a Q&A session with the performers, hosted by KUSC’s Rich Capparela. The concert is free but registration is required. To register, visit smsymphony. org/events/memorialdayweekend concertlivestream

Monday, May 31

Field of Flags Dedication

Ceremony, 11 a.m. The Woman’s Club of Playa del Rey is hosting its Field of Flags Fundraiser Event for Memorial Weekend, which will include a field of flags on the center median of Manchester Boulevard on display from May 29 through 31. The fundraiser will benefit Shelter to Soldier, a nonprofit that rescues dogs from California shelters and trains them to become psychiatric service dogs for post-9/11 combat veterans who are suffering from PTSD. On May 31, the club is planning a dedication ceremony in front of its club house and Councilman Mike Bonin will be in attendance. For more information, call 310-980-2635. 8039 W. Manchester Blvd., Playa del Rey

Send event information at least 10 days in advance to kkirk@ timespublications.com

STUNNING SPANISH HOME IN PLAYA DEL REY

“Experience this stunning Spanish style home,” says agent James Suarez. “Step through the tranquil courtyard into the home’s formal living room with adjacent wine cellar. The open-concept family room features a showpiece FP, plantation shutters, rich hardwood floors and elegant French doors to the well-manicured backyard. Equipped w/SS appliances, granite counters, a butler’s pantry and cherry cabinets, the kitchen is a prime example of luxury living. Retreat upstairs to the resort-like master suite with plush carpeting, FP, huge walk-in closet and en suite with jetted tub, granite/tile finishes and rainfall glass shower. The 2nd level also includes a junior master, 2 more sizable bedrooms, 2 full baths and a loft-style media room. This home includes a casita with full bath, privately accessible via the front courtyard, perfect for working from home. Additional details include peek-a-boo ocean views, artificial grass and attached 3-car garage. Close to Playa del Rey’s shores, award-winning shops and restaurants.”

Offered at $2,599,000

INFORMATION:

JAMES SUAREZ

THE SUAREZ TEAM KELLER WILLIAMS REALTY

323-443-1307

www.7970w79th.com DRE# 01433992 Broker DRE# 02035381

THE #1 KELLER WILLIAMS TEAM IN CALIFORNIA

7918 Berger Ave, Playa Del Rey 5 bed | 6 bath | 5,100 sf | $4,950,000 8331 Gonzaga Ave, Westchester 3 bed | 2 bath | 1,710 sf | $1,550,000 COMING SOON!

COMING SOON!

7334 Vista Del Mar, Playa Del Rey 6 bed | 6 bath | 5,831 sf | $3,695,000

11870 Washington Pl #105, Los Angeles 3 bed | 3 bath | 2,790 sf | $1,649,000

7970 W 79th St, Playa Del Rey 5 bed | 4.5 bath | 3,938 sf | $2,599,000

7611 Rindge Ave, Playa Del Rey 5 bed | 4.5 bath | 3,966 sf | $3,799,000 7908 Altavan Ave, Westchester 4 bed | 3 bath | 2,700 sf | $2,500,00

7734 W 79th, Playa Del Rey 4 bed | 3 bath | 3,175 sf | $1,749,000

628 Elvira Ave, Redondo Beach 6 bed | 7 bath | 5,742 sf | $3,499,900 656 Indiana Ave, Venice 6 units | 4,528 sf | $4,995,000

7351 Coastal View Drive, Westchester 4 bed | 5 bath | 3,657 sf | $3,385,000

8640 Gulana Ave Unit J2003, Playa Del Rey 2 bed | 2 bath | 1,050 sf | $615,000

CALL THE SILICON BEACH REAL ESTATE EXPERTS | 323.443.1307

THE SUAREZ TEAM | ADS@THESUAREZTEAM.COM | THESUAREZTEAM.COM

Your Place to Dwell in Venice, California

330 Rennie Avenue Units 1 & 7 Venice, CA 90291

Unit 1: $2,895,000 | 3 BD | 3.5 BA | 2,982 SF | 442 SF garage Unit 7: $2,795,000 | 3 BD | 3.5 BA | 3,261 SF | 343 SF garage

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. Exquisitely designed with your Venice lifestyle in mind, welcome to Rennie at Rose. A short distance to Venice beach, these brand new contemporary homes with bonus media room offer quintessential SoCal indoor and outdoor living, top of the line features and technology, and thoughtfully curated finishes.

For more information visit rennieatrose.com

Patrice Meepos

310.849.5443 patrice.meepos@compass.com DRE 01235616

UNIQUE OPPORTUNITY!

MARINA CITY CLUB CONDO

3 bedrooms, with 3 ensuite baths and a powder room. Two spacious patios. No other unit like this in MCC. This is a must see! Offered at $720,000

(310) 528-5960

CalDRE #00292378

News delivered to your email every week. Stay in the know! Go to www.argonautnews.com to subscribe today

Connecting Advertisers to Customers for 50 Years Buying or selling beach-front real estate? The Argonaut has you covered.

Call Rebecca Bermudez at 310-463-0633 or rebecca@argonautnews.com

7721 Agnew Ave, Westchester

4 bed | 3 bath | $1,700,000 Coming Soon

8232 Tuscany Ave, Playa del Rey

4 bed | 2.5 bath | $2,095,000 Coming Soon

4707 La Villa Marina #F, Marina del Rey

3 bed | 3 bath | $1,099,000 Three-Level Townhome

Visit Us Virtually

Visit our website for videos and 3D tours of all our listings

6071 W 75th St, Westchester

3 bed | 2 bath | $1,389,000 Coming Soon

8330-8332 Lilienthal Ave, Westchester

2 Units | $1,499,000 Remodeled CA Contemporary

7886 Truxton Ave, Westchester

4 bed | 5 bath | $2,439,000 Stunning Costal Farmhouse

1128 Cardiff Ave #202, Pico-Robertson

3 bed | 2 bath | $949,000 Coming Soon

5886 W 75th St, Westchester

4 bed | 2 bath | $1,399,000 Coming Soon

8429 Wiley Post Ave, Westchester

2 Units | $999,000 Two-Unit Investment Property

5178 Etheldo Ave, Culver City

4 bed | 2.5 bath | $1,995,000 Remodeled Contemporary Home

853 12th St #D, Santa Monica

1 bed | 1 bath | $640,000 Pristine Remodeled Unit In Escrow

8224 Sunnysea Dr, Playa del Rey

5 bed | 4 bath | $2,250,000 Rare Mid-Century Modern

In Escrow

1149 Alvira St, Pico-Robertson

4 bed | 2 bath | $1,799,000 1930s Spanish Eclectic Home In Escrow

7823 Bleriot Ave, Westchester

4 bed | 3 bath | $1,299,000 Traditional Ranch w/ Guest House In Escrow

8020 Dunbarton Ave, Westchester

3 bed | 2 bath | $1,269,000 SoCal Bungalow In Escrow

8047 Altavan Ave, Westchester

2 bed | 1 bath | $959,000 Updated Ranch Style Home

FIND YOUR PLACE

The Stephanie Younger Group 310.499.2020 | DRE 01365696 stephanieyounger.com | @stephanieyoungergroup

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

Manager

BrE#1323411 Era Matilla rEalty 225 CulvEr Blvd. Playa dEl rEy Broker assoc.

BrE#01439943

THE ARGONAUT PRESS RELEASES

WOODSON HOME AT PLAYA VISTA

“Overlooking a quiet courtyard, this home boasts a quiet location in one of Playa Vistas most sought after neighborhoods,” says agent Kris Zacuto. “With tree top views and an ideal orientation overlooking a rare landscaped open lot, this single family detached luxury home is a short walk to The Resort and Runway representing one of the most popular locations in Playa Vista. With three bedrooms and an additional office space, a two-car private garage along with a private guest space, this tech forward and turn key detached single family home has it all in the heart of Silicon Beach.”

Offered at $1,975,000 Kris Zacuto Compass 310-702-6299

PLAYA VISTA LUXURY CONDO

“Enjoy picturesque sunsets from this luxurious west facing 2BD/2.5BA + den in the prestigious “Chatelaine” building,” says agent Jesse Weinberg. “This elegant unit features a spacious living room with oversized windows, a cozy fireplace, high ceilings, and a large balcony overlooking the pool and views of the Wetlands. This light and bright unit also boasts an updated kitchen with breakfast bar, stainless steel appliances, granite counters, and custom cabinetry. The expansive master suite features an en-suite bath, and a large walk-in closet. Unit also includes in-unit laundry and side by side parking.”

Offered at $1,699,000 Jesse Weinberg Jesse Weinberg & Associates 800-804-9132

SUPERIOR CASH FLOW ON THE WESTSIDE

“This California contemporary is divided into two units,” says agent Stephanie Younger. “Unit A is freshly remodeled and configured as a 3BD/2BA plan. The spacious master offers his-and-hers walk in closets and a gracious en suite. Two more bedrooms and a second full bath complete the floor plan for unit A. Unit B is configured as a 2BD/2BA featuring a generous open concept kitchen and comfortable living room. An additional bedroom with hallway bath completes the floor plan. Unit C doubles as a guest cottage with spacious living room, full bath, and separate bedroom.”

Offered at $1,499,000 Stephanie Younger Compass 310-499-2020

THE ARGONAUT REAL ESTATE BUSINESS NEWS

Eviction moratorium expiration looms and one-in-four California renters aren’t sure they can pay rent

The eviction moratorium has kept struggling renters housed during the pandemic. But what will happen when landlords are able to resume evictions for non-payment of rent after June 2021? According to the U.S. Census Bureau Household Pulse Survey, during March 17 – March 29, 2021 in California: • 16% of households were behind on rent payments; • 6% of households felt they were very likely to be evicted from their current housing in the next two months; • 22% of households felt they were somewhat likely to be evicted from their current housing in the next two months; • 14% of households had no confidence in their ability to make next month’s rental payment; and • 11% of households had only a slight confidence in their ability to make next month’s rental payment. With roughly one-in-four renters lacking confidence in their ability to pay next month’s rent and one-in-three believing they may be evicted in the coming months, the stability of the rental market is rapidly crumbling.

When the moratorium ends, the evictions will begin

The eviction moratorium is currently scheduled to expire on June 30, 2021. Without further extensions of the moratorium, many renters will soon find themselves homeless. As revealed in the Census survey, some renters are simply unsure about whether they will have housing in the coming months. The three main sources contributing to eviction uncertainty are: • federal and local government policies; • the course of the economic recovery; and • individual landlord discretion. With government policies, the question remains whether the administration will extend the moratorium. In the event it gets extended (for the fourth time) on a federal level, the question then becomes: for how long? In California, the governor signed Senate Bill (SB) 91 into law early this year, extending the statewide eviction moratorium to June 2021 and providing assistance for landlords with $2.6 billion in federal stimulus funds. For the economic category, the deciding factor is when jobs will return for renters. Without a reliable source of income, tenants cannot pay. The lack of renter confidence stems from the 1.7 million Californians still jobless — and millions more nationwide — as a result of the 2020 recession. Finally, when the moratorium is up, it’s entirely up to landlords to choose how to respond. They may evict the tenant and demand repayment of rent (unlikely to be successful with a jobless tenant), or they may choose to work with tenants to find mutually beneficial solutions, such as setting up repayment plans. In California, SB 91 assists landlords who agree to waive 20% of unpaid rent for incomequalifying tenants by reimbursing 80% of the unpaid rent owed between April 1, 2020 and March 31, 2021. This program is a positive step in helping landlords keep tenants housed and continue to cover costs, but it is not a full solution. As the expiration of the eviction moratorium looms closer for renters who do not qualify or whose landlords choose not to participate in the program, so too does the threat of eviction. Whether landlords and tenants will work out payment plans for back-rent owed or whether landlords will evict from missed payments remains unknown. Either way, expect to see evictions — and vacancies — rise following the moratorium’s expiration. Although some categories leading to eviction remain murky, one thing is clear: renters regaining access to jobs is imperative for these renters to maintain payments and, on a broader scale, for the real estate market to recover.

THIS WEEK’S CONTRIBUTION CAME FROM:

Amy Perry iis a Writer & Editor at firsttuesday. Amy obtained a Bachelor of Arts degree in English from the University of California, Riverside. Amy has worked at firsttuesday for less than a year and works on the firsttuesday Editorial Team.

PAID ADVERTISEMENT There’s money buried in your backyard. And you don’t need a shovel to find it.

Learn how home equity can help you fund a better retirement.

It’s a well-known fact that for many older Americans, the home is their single biggest asset, often accounting for more than 45% of their total net worth. And with interest rates near all-time lows while home values are still high, this combination creates the perfect dynamic for getting the most out of your built-up equity.

But, many aren’t taking advantage of this unprecedented period. According to new statistics from the mortgage industry, senior homeowners in the U.S. are now sitting on more than 8.05 trillion dollars* of unused home equity.

We’re here and ready to help. Homeowners who are interested in learning more can request a FREE Reverse Mortgage Information Kit and DVD by calling toll-free at

800-791-7450

Request a FREE Info Kit & DVD Today! Call 800-791-7450 now. FREE

Not only are people living longer than ever before, but there is also greater uncertainty in the ecomony. With home prices back up again, ignoring this “hidden wealth” may prove to be short sighted when looking for the best long-term outcome.

All things considered, it’s not surprising that more than a million homeowners have already used a government-insured Home Equity Conversion Mortgage (HECM) loan to turn their home equity into extra cash for retirement.

It’s a fact: no monthly mortgage payments are required with a government-insured HECM loan; however the borrowers are still responsible for paying for the maintenance of their home, property taxes, homeowner’s insurance and, if required, their HOA fees.

Today, HECM loans are simply an effective way for homeowners 62 and older to get the extra cash they need to enjoy retirement.

Although today’s HECM loans have been improved to provide even greater financial protection for homeowners, there are still many misconceptions.

For example, a lot of people mistakenly believe the home must be paid off in full in order to qualify for a HECM loan, which is not the case. In fact, one key advantage of a HECM is that the proceeds will first be used to pay off any existing liens on the property, which frees up cash flow, a huge blessing for seniors living on a fixed income. Unfortunately, many senior homeowners who might be better off with a HECM loan don’t even bother to get more information because of rumors they’ve heard.

In fact, a recent survey by American Advisors Group (AAG), the nation’s number one HECM lender, found that over 98% of their clients are satisfied with their loans. While these special loans are not for everyone, they can be a real lifesaver for senior homeowners - especially in times like these.

The cash from a HECM loan can be used for almost any purpose. Other common uses include making home improvements, paying off medical bills or helping other family members. Some people simply need the extra cash for everyday expenses while others are now using it as a safety net for financial emergencies.

If you’re a homeowner age 62 or older, you owe it to yourself to learn more so that you can make the best decision - for your financial future.

It’s time to reverse your thinking

oved ones

Our new Reverse Mortgage information guides & DVD are now available featuring award-winning actor and paid AAG spokesman,

Tom Selleck.

U.S.A.’s #1 Reverse Mortgage Company

As Featured on:

ABC, CBS, CNN & Fox News

*https://finance.yahoo.com/news/senior-housing-wealth-exceeds-record-154300624.html

Reverse mortgage loan terms include occupying the home as your primary residence, maintaining the home, paying property taxes and homeowners insurance. Although these costs may be substantial, AAG does not establish an escrow account for these payments. However, a set-aside account can be set up for taxes and insurance, and in some cases may be required. Not all interest on a reverse mortgage is tax-deductible and to the extent that it is, such deduction is not available until the loan is partially or fully repaid. AAG charges an origination fee, mortgage insurance premium (where required by HUD), closing costs and servicing fees, rolled into the balance of the loan. AAG charges interest on the balance, which grows over time. When the last borrower or eligible non-borrowing spouse dies, sells the home, permanently moves out, or fails to comply with the loan terms, the loan becomes due and payable (and the property may become

subject to foreclosure). When this happens, some or all of the equity in the property no longer belongs to the borrowers, who may need to sell the home or otherwise repay the loan balance. V2020.12.22

This article is from: