1444 Murray Drive 90026

1444 Murray Dr.
1444 Murray Dr.
1444 Murray Dr.
1444 Murray Dr.
1444 Murray Dr.
1444 Murray Dr.

1444 Murray Drive 90026

ReInhabit Presents a 60’s era Modern Home in Silver Lake
Offered at: $1,199,000

Status: Sold
Type: Single Family / Bedrooms: 3 / Baths: 2
Living Area 1,650 Square Ft. / Lot Size: 7,261 Square Ft.

ReInhabit presents a beautifully realized 60’s-era Modern in Silver Lake, a gracious hillside home with an ideal floor plan and sweeping city views. Acquired as a 3-bedroom, 2-bathroom “time capsule,” the home presented unique challenges that inspired creative solutions. ReInhabit has completely re-shaped the living areas, raising the ceiling and knocking down walls to make a fabulous Great Room. There are walnut floors, one-of-a-kind light fixtures and an amazing retro-inspired kitchen. A sliding door leads to a resurfaced patio. The upper terrace pergola offers a westward-facing vista featuring the Hollywood Sign, Observatory and many sunsets to come. Bedrooms are generously proportioned. Bathrooms have been completely remodeled. There’s a laundry area plus a two-car garage. The highly desirable location puts this home less than a mile from Sunset Junction.

 

This entry was posted in: Silver Lake Homes for Sale, Sold Listings

Eagle Rock Ranks #2, so Glassell Park Ranks…?

Each year, Redfin uses a special cocktail of metrics to forecast the “Hottest Neighborhoods” for the months ahead. It was Highland Park taking #1 last year, and sure enough that enclave has been on a rocket ride of rising home values. But now Redfin has a new darling, Eagle Rock, which they call the second hottest neighborhood in the whole U.S. (San Francisco’s Bernal Heights grabbed #1).

It’s a fine honor and well deserved. Having represented home buyers and sellers in Eagle Rock for many years, we have long been seduced by its hilly, tree-lined streets and the mop-n-pop shops and restaurants lining Colorado Blvd. It even has good public schools(!) But we can’t help wondering: If Eagle Rock is #2 in the whole country, where does that put its very close neighbor to the southwest? For our money, it’s the next next big thing: Glassell Park.

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We speak with some authority here. After all our new listing, NELA Union Modern Homes, is at least a small part of the Glassell renaissance. Still under construction, with first-phase availability scheduled for February, these 3-level residences offer plenty of living space in a brand new, earth-friendy package. Dual-pane windows, tankless water heaters, radiant roof barriers, high-efficiency heat and a/c — the list goes on. There’s a community garden, a dog run, beautiful landscaping everywhere, and views of the gorgeous Glassell Park hills. It all comes with the piece of mind you get when your home is built by Warmington Residential, a nearly 90 year-old company now in it’s fourth generation of family ownership.

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Priced from the mid-high $400,000’s for a 2 bedroom, 2.5 bathroom home of approximately 1200 square feet, NELA Union offers a great way to get into the neighborhood that may well take the “hottest” crown for 2015. Check out Floor Plans and sign up on our interest list at www.nelaunion.com. You can also contact us anytime at Tracy Do Real Estate.

To receive new listings by email, or to schedule a viewing click here!

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FOR LEASE: 2318 Echo Park Ave. in Echo Park

EPA_low2 bedrooms, 1 bathroom

Offered for Lease at $3600/mo

Exclusively from Tracy Do Real Estate comes this wonderful slice of vintage Echo Park, offered for lease. Near the top of a hill on a tree-lined street, the home greets your arrival with an inviting front porch. Original period details in the living, dining and breakfast rooms are matched with tasteful modern updates in the kitchen and bathroom. The back yard is a private paradise that includes a dining deck, patio and multiple sitting areas set among lush landscaping. A bonus studio will make the ideal home office or creative space. The home provides central heat and air conditioning, laundry and a carport. The cafés and boutiques of this desirable Echo Park neighborhood are mere blocks away.

You’ll find a lot more photos here. For a showing, contact Tracy Do Real Estate.

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2318 Echo Park Avenue 90026

  2318 Echo Park Ave.
  2318 Echo Park Ave.
  2318 Echo Park Ave.
  2318 Echo Park Ave.
  2318 Echo Park Ave.
  2318 Echo Park Ave.

2318 Echo Park Avenue 90026

California Bunglaow in Echo Park for Lease!
Offered for Lease at: $3,600/mo.

Status: Leased
Type: Single Family / Bedrooms: 2 / Baths: 1
Bonus / Living Area 1,152 Square Ft. / Lot Size: 6,961 Square Ft.

A wonderful slice of vintage Echo Park, offered for lease. Near the top of a hill on a tree-lined street, the home greets your arrival with an inviting front porch. Original period details in the living, dining and breakfast rooms are matched with tasteful modern updates in the kitchen and bathroom. The back yard is a private paradise that includes a dining deck, patio and multiple sitting areas set among lush landscaping. A bonus studio will make the ideal home office or creative space. The home provides central heat and air conditioning, laundry and a carport. The cafés and boutiques of this desirable Echo Park neighborhood are mere blocks away.

This entry was posted in: Echo Park Homes for Sale, Sold Listings

OPEN HOUSE: Sat. & Sun. Jan. 18th & 19th, 1 – 4 PM

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1312 El Paso Dr. 90065 l Offered at $549,000

Multi-level Contemporary Home in Glassell Park!
Open House: Sat., & Sun., Jan. 18th & 19th from 1-4PM

A great value in fast-rising Glassell Park. This contemporary, multi-level home was built in 1991. High ceilings and large windows enhance the open floor plan that is abundant in natural light. The ground level features an entryway and attached two-car garage providing direct-access to the home. Second level living, dining and kitchen flow together beautifully and are warmed by a lovely fireplace. Two sets of sliding doors make for easy access to a patio and yard, ideal for relaxing, entertaining or al fresco dining. Upstairs bedrooms having soaring ceilings with overhead loft storage, plus the flexibility to use one as your office or den. This centrally-located home is at the foot of Mt. Washington, with easy access to Fresh & Easy Market and the shopping and dining districts of nearby Eagle Rock and Highland Park.

www.1312elpaso.com

To receive new listings by email, or to schedule a viewing click here!

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Mortgage Rates Drop (and Buyers are on it!)

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Mortgage rates ticked down a bit this week on average, which is great news for buyers who (predictably) applied for more loans, according to the LA Times’ Andrew Khouri. However the news comes with a mixed-bag of data overall; Khouri further reports that prices surged in December, “the first significant increase since June.” Research firm DataQuick attributes the rise to “fewer distressed sales and demand that has outstripped tight supply.”

“Pitifully low inventory is the main culprit,” says DataQuick President John Walsh. “The jump in home values over the last year suggests we’ll eventually see a lot more people interested in selling their homes, which would help ease the inventory crunch.”

We sure hope so. Another Khouri report points out that new housing starts are actually down as builders continue to wait on the sidelines (!) ‘“Construction remains the laggard of the recovery,” Trulia chief economist Jed Kolko said in a statement.’

Translation: If you’re able to find a home today and lock in these low interest rates, go for it. Inventory is likely to remain tight for the foreseeable future.

We’re here to help! We can find you the ideal home to fit your needs, budget and taste. It starts with a conversation; we’re great listeners with tremendous market knowledge and a style that sets us apart. Call, text, or email us anytime at Tracy Do Real EstateHope to hear from you soon.

To receive new listings by email, or to schedule a viewing click here!

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1312 El Paso Drive in Glassell Park

List Price $549,000

3 bedrooms • 2.5 bathrooms

1,580 sf • 7,219 sf lot

ElPaso1Here’s a great value in fast-rising Glassell Park, offered exclusively by Tracy Do Real Estate. This contemporary, multi-level home was built in 1991. High ceilings and large windows enhance an open floor plan that is abundant in natural light.  ElPaso2From the ground-level entryway and attached two-car garage, there is direct-access to the home. Second level living, dining and kitchen flow together beautifully and are warmed by this lovely fireplace.ElPaso3Two sets of sliding doors make for easy access to a patio and yard…ElPaso5Ideal for relaxing, entertaining or al fresco dining.ElPaso4Upstairs bedrooms having soaring ceilings with overhead loft storage, plus the flexibility to use one as your office or den.

This centrally-located home is at the foot of Mt. Washington, with easy access to Fresh & Easy Market and the shopping and dining districts of nearby Eagle Rock and Highland Park. There are many more photos, check them out at 1312elpaso.com.

For a private tour, contact Tracy Do Real Estate.

To receive new listings by email, or to schedule a viewing click here!

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1312 El Paso Drive 90065

1312 El Paso Dr.
1312 El Paso Dr.
1312 El Paso Dr.
1312 El Paso Dr.
1312 El Paso Dr.
1312 El Paso Dr.

1312 El Paso Drive 90065

Contemporary, Multi-level home in Glassell Park!
Offered at: $549,000

Status: Sold
Type: Single Family / Bedrooms: 3 / Baths: 2.5
Living Area: 1580 Square Ft. / Lot Size: 7219 Square Ft.

A great value in fast-rising Glassell Park. This contemporary, multi-level home was built in 1991. High ceilings and large windows enhance the open floor plan that is abundant in natural light. The ground level features an entryway and attached two-car garage providing direct-access to the home. Second level living, dining and kitchen flow together beautifully and are warmed by a lovely fireplace. Two sets of sliding doors make for easy access to a patio and yard, ideal for relaxing, entertaining or al fresco dining. Upstairs bedrooms having soaring ceilings with overhead loft storage, plus the flexibility to use one as your office or den. This centrally-located home is at the foot of Mt. Washington, with easy access to Fresh & Easy Market and the shopping and dining districts of nearby Eagle Rock and Highland Park.

 

This entry was posted in: Glassell Park Homes for Sale, Sold Listings

Updated Traditional in South Pasadena

List Price $1,169,000

3 bedrooms • 2 bathrooms

2,066 sf • 9,997 sf lot

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There’s just one problem with South Pasadena: too few homes for sale. Hardly surprising considering it’s one of the nicest places to live in all of LA County. Blessed with beautiful homes on tree-lined streets, a charming downtown featuring shops, cafés, a Gold Line rail station…. What more could you want? Good public schools? South Pas has some of the best in the whole state.

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This 1921 Traditional style home has many of its original details to go along with modern, tasteful updates. It’s got plenty of space, too. A great family home.

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But don’t wait on this one — it’s likely to go quickly. Such is the allure of South Pasadena, and of this charming, well-located home.

To book a tour, contact Tracy Do Real Estate.

To receive new listings by email, or to schedule a viewing click here!

Listing courtesy of Kevin Bourland, John Aaroe Group, Pasadena.

This entry was posted in: Seen

Hello 2014: A Glance Back + What’s Ahead

TDRElogo

It’s a new year in the housing market, and for most home owners it begins quite nicely. After all, 2013 saw a record rebound in residential equity as net holdings “soared $2.2 trillion from the third quarter of 2012 to the third quarter of this year,” according to new data collected by the Federal Reserve and reported by the LA Times’ Kenneth R. Harney.

 

For those who don’t yet own their home, but are looking to buy, the picture is a bit more layered. 2014 starts with a piece of good news as the Federal Housing Finance Agency has decided to postpone a proposed hike in upfront fees that many people would pay for a home loan (per Les Christie of CNN Money). However, there is some not-so-great news in that interest rates have crept up, increasing the cost of borrowing (E. Scott Reckerd reports in the LA Times). Rates rise and fall, of course, so this shouldn’t worry anyone too much. The general consensus among economists is that, in this still-recovering economy, rates are likely to rise at least slightly in 2014 — but aren’t likely to shoot through the roof. Taken on balance, this would indicate that buyers should remain active, ie. you should be out looking for that home and lock in your mortgage rate sooner rather than later. Bankrate.com’s Polyana da Costa has some excellent advice for 2014 mortgage borrowers, you can read it here.

Of course, there’s still the issue of inventory — or lack of it. According to the respected John Burns Real Estate Consulting, and reported by LA Curbed among others, the number of new homes put up for sale in Southern California is the lowest it’s been in 20 years (!)

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Maybe that’s why folks are simply purchasing homes and leveling them, leading to a mini construction-boom in some LA neighborhoods as buyers tear down modest-sized houses to make way for bigger ones, as reported by Andrew Khouri in the LA Times.

TDRE_NelaUnion_ESLA_3That might sound extreme, but it’s hardly surprising. Low inventory is one thing; what this market really lacks are options, given that too few existing homes are designed for how today’s buyers want to live. That’s why we’re so excited to present a great opportunity for home ownership that will be available very soon: NELA Union modern homes in Glassell Park. Set within beautifully landscaped grounds that include a community garden and dog run, these residences are being built with open floor plans that can be fully customized in the onsite design lab. With private two-car garages and sustainable elements like tankless water heaters, high efficiency furnaces and radiant roof barriers, NELA Union will not only meet but exceed Title 24 and California green building guidelines. Best of all these stylish, energy-smart homes will be offered at a cost comparable to paying rent. Learn more and sign up on our interest list at www.nelaunion.com.

To receive new listings by email, or to schedule a viewing click here!

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