Showing posts with label Highland Park real estate. Show all posts
Showing posts with label Highland Park real estate. Show all posts

News of the week and house of the week in Valley Village

Whew! Coming up for air here, and bringing you news of the week.

First, the house of the week: 5501 Morella, Valley Village, $499,994, 3+1.5, 1334 sf, pictured above.  I showed this last night and it's in a cool little pocket.  The house needs decorating, but it's clean and has been expertly maintained by the sellers.  I wish my carpet looked as good, and I wish my kitchen was as spacious.  If you are looking for a decorating project, this would be a great buy.

What did I tell you about L.A.'s "eastside"? You'll see my take on Highland Park, et al, below -- I toured the area recently and was really impressed.  Now, Alejandro Lazo of the L.A. Times has a front page article entitled Investors flip over Highland Park.  That's just what I saw when I was there a few weeks back.

And now for the really big news: I have two listings coming up in Burbank. One is a (rare) architectural home designed by a noted architect, and the other is close to the Chandler bike path.  More news soon!

Finally, 1585 Knollwood, Pasadena is in escrow, after less than a week on the market.  We're still showing for backups. I'll miss going to this house; the setting is just so serene.

My property showings on L.A.’s “Eastside”

Thanks to a couple of my buyers, I've been spending a lot of time in what's being called the Eastside lately. (Check out the Echo Park post below.) This past Sunday, I showed property in Atwater Village, Eagle Rock, Mt. Washington, Highland Park and Glassell Park. I had never shown property in the last two communities but I had a great time and really learned a lot about the areas. I was very delighted by what I saw and intend to get to know these localities more in the coming months.


Yes, some of the neighborhoods are “transitional” but they offer good housing stock at affordable (at least for now) prices. The gangs that were so prevalent in years past seem to have moved out. The flippers have gone through these neighborhoods and have worked their magic, too. And neighborhood amenities are increasing, too – cool coffee houses, restaurants, small retail, farmers’ markets, etc. (We could barely move through Atwater Village as the streets and sidewalks were so crowded.) Cons: the schools aren’t all that, and buyers would have a helluva commute if they work on the Westside.

Here are the highlights:


Decorating trends (above) The flippers are hiring stagers. Now, I love staging but I’ve seen a lot of it in recent weeks and it’s beginning to look the same. It’s all modern or semi-modern furniture with pops of color, folk accent pieces, and no window treatments. Not a bad thing, but..

Another trend: forget yards; it’s all rock and bark now.

Most disturbing/interesting trend: crazy chicken pictures as art.  I saw these in at least two houses.  Sigh.  Just another next big thing that I'm not cool enough to know about.

Coolest location: 1316 Highgate Ave., Highland Park, listed at $499k (above). This 3+2 flipped craftsman is in a charming, wooded hillside neighborhood.  You'd never guess that you could almost walk to downtown L.A. from here.


Nicest view: 3600 Maceo Street, Mount Washington, listed at $440,000 (above). This 2+3 is actually in Cypress Park and close to Glassell Park. At the top of its big terraced backyard, it overlooks the entire L.A. river area from downtown to Elysian Park to Glendale. And you have your own bare hillside right next door.

As you can tell, I get really excited about discovering new neighborhoods. IMO, these areas present excellent options for buyers looking for affordable price and revitalized neighborhoods.
 
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