Should I sell my Bel Air house as-is or fix it up first?

It comes down to whether the repairs add more than they cost. Small, visible fixes usually do. Remodels usually do not.

Older homes are the norm in Bel Air. In our sample, two of two homes were built in 1980 or earlier, so an older house there competes mostly with other older houses. Older homes there also sell at a wider discount to new construction than the California median, 27.6 percent against 29.5 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What does it cost to sell a house in Bel Air?

Commission first, then transfer taxes, title and closing fees, and the repairs or credits a buyer asks for after inspection. Address District charges no commission.

On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

What are the benefits of selling my Bel Air house off-market?

Privacy, no repairs and a closing date you choose.

  • No listing. Your home never goes on the MLS or the listing sites, and there are no open houses or showings to strangers.
  • Sell it as it is. No repairs, staging or deep cleaning before you sell.
  • Your timeline. Choose the closing date that works for you, whether that is a few weeks out or a few months.
  • One buyer, one conversation. You deal directly with the buyer, not a string of showings, counteroffers and second rounds.

The cost is fewer buyers bidding. On the open market, competition can push a price higher, so it is worth weighing both routes. Should I Sell My House Off-Market? explains how.

Is now a good time to sell my house in Bel Air?

It depends more on your plans than on the market. The right time is usually when a sale fits your next move, your finances and the state of the house.

To read the market in Bel Air, look at how long homes like yours take to go under contract and what they actually sold for in the last few months, not at asking prices.

More in How Do I Know When It’s Time to Sell My House?

How fast can I sell my house in Bel Air?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents California requires are done.

A listing adds preparation, showings and negotiation up front, then the buyer’s inspection, appraisal and loan approval, any of which can push the date or end the deal.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

How does selling my Bel Air house off-market work?

In four steps, with no listing and no showings.

  1. Send us the address and a few details through the offer form, or get in touch.
  2. A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
  3. We send a written offer. You are under no obligation to accept it.
  4. If you do, the closing is handled by a title company or closing attorney, on your date.

Before you sign anything, we tell you in writing who the buyer is.

What if my Bel Air house isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How do I sell an inherited house in Bel Air?

Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.

Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in California can explain the rest. More in How Do I Sell a House I Inherited?

How does Bel Air compare with nearby neighborhoods?

Sherman Oaks, 3 miles away, shows two older homes among the seven we sampled. Beverly Hills, Trousdale and Beverly Hills Post Office, 3 miles away, has three older homes among the five we sampled. Sherman Oaks, 3 miles away, counts three older homes among the 22 we sampled. Bel Air ranks tied for 550th nationally for older homes, behind three of them.

Every neighborhood in the index has its own page, and the California page lists all 177 in the state.

Do older homes in Bel Air sell for less than new construction?

In our sample, yes. The average price of older homes in 90077 was 27.6 percent of the average price of new construction in the same ZIP code. The California median is 29.5 percent, and the index median is 23.1 percent. With two older homes behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Bel Air by the numbers

Older homes
2
of 2 homes sampled, built 1980 or earlier
Share of older homes
100.0%
California 39.9%. Index 49.0%.
Older vs new
27.6%
Older home price as a share of new construction
National rank
#550 (tie)
of 1,192 ZIP codes
State rank
#70
of 177 in California
Minimum lot
18,563 sq ft
As recorded in the source data

All two homes in the Address District sample for Bel Air (90077) were built in 1980 or earlier. That places 90077 tied for 550th of 1,192 ZIP codes nationally for the number of older homes, and tied for 70th of 177 in California.

Across the 177 California ZIP codes in the index, 39.9 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

With two homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 90077 compares

Share of older homes

Homes in the sample built in 1980 or earlier

90077 Bel Air100.0%
California39.9%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

90077 Bel Air27.6%
California median29.5%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
91403Sherman OaksLos Angeles County, CA3 mi44328.6%
90210Beverly Hills / Trousdale / Beverly Hills Post OfficeBeverly Hills, CA3 mi33760.0%
91423Sherman OaksLos Angeles County, CA3 mi29813.6%
90024WestwoodLos Angeles, CA3 mi76250.0%
90049BrentwoodLos Angeles, CA3 mi10047.1%
91436EncinoLos Angeles County, CA4 mi15046.2%
91604Studio CityLos Angeles County, CA4 mi11730.4%
90069West Hollywood / Hollywood Hills WestWest Hollywood, CA4 mi45133.3%

The top of California

State rankZIPPlaceHomesOlder homesShare
196161TruckeeNevada County, CA403792.5%
295404Santa RosaSonoma County, CA181688.9%
390266Manhattan BeachManhattan Beach, CA311032.3%
492253La QuintaRiverside County, CA12975.0%
590049BrentwoodLos Angeles, CA17847.1%
691604Studio CityLos Angeles County, CA23730.4%
794025Menlo ParkSan Mateo County, CA33618.2%
890066Mar VistaLos Angeles, CA31619.4%
994010BurlingameSan Mateo County, CA17635.3%
1092660Eastbluff / Dover Shores / Newport CenterNewport Beach, CA16637.5%

All 177 California ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.