Good New for Buyers…

MortRateMortgage rates continue to cool off, as reported by Christina Mlynski at HousingWire. Having jumped nearly a point in recent weeks, this is welcome news. Remember: even if you missed out on the “very best” rate, in historic terms the cost of a mortgage today is still quite low — and prices are only rising (!) Need help understanding mortgage rates and loans? Contact Tracy Do Real Estate for friendly advice and expert guidance in all your housing-related needs.

This entry was posted in: Seen

4759 Mendota Ave. in Highland Park

List Price $599,000

4 bedrooms • 2 bathrooms

1,560 sf • 10,204 sf lot

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Exclusively from Tracy Do Real Estate comes this great opportunity in trendy Highland Park: two updated homes on one big lot right near the action. You can live in one and rent out the other, since both units will be delivered vacant.

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Each house is stylishly remodeled, maximizing the two bedroom + one bathroom floor plans while embracing open space and indoor-outdoor flow. Features include remodeled kitchens and bathrooms, plus beautiful dark wood and tile flooring. There are mountain views and tons of natural light.

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The “main” house has a lovely front porch and a private rear patio.

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The second house can make use of the huge back yard. The property also has an extra large two-car garage plus two off-street parking spaces on the driveway. Café de Leche and Highland Park Cafe are mere blocks away, as is so much more.

You’ll find lots more great photos at 4759mendota.com.

For a private tour, contact Tracy Do Real Estate.

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

This entry was posted in: Seen

4759 Mendota Avenue 90042

4759 Mendota Avenue 90042

Two Stylishly Remodeled Units in Highland Park, Delivered Vacant!
Offered at: $599,000

Type: Multi-Unit
Type: Duplex / 2 Units / Bedrooms: 4 / Baths: 2
Living Area: 1560 Square Ft. / Lot Size: 10,204 Square Ft.

A great opportunity in trendy Highland Park. Two updated homes on one big lot right near the action. Live in one and rent out the other (both units will be delivered vacant). Each is stylishly remodeled, maximizing the two bedroom + one bathroom floor plans while embracing open space and indoor-outdoor flow. Features include remodeled kitchens, bathrooms, and beautiful dark wood and tile flooring. There are mountain views and tons of natural light. The “main” house has a lovely front porch and a private rear patio. The second house can make use of the huge back yard. The property also has an extra large two-car garage plus two off-street parking spaces on the driveway. Café de Leche and Highland Park Cafe are mere blocks away, as is so much more in this exciting Northeast LA neighborhood.

This entry was posted in: Highland Park Homes for Sale, Income Property for Sale, Sold Listings

1630 N. Benton Way in Silver Lake

List Price $895,000

2 bedrooms • 2 bathrooms

1,717 sf • 3,989 sf lot

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Exclusively from Tracy Do Real Estate: This updated California Bungalow style home in Silver Lake offers a great location and spectacular views.

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Built in 1924, it has been stylishly remodeled with respect to its original character, from the wood + tile floors to the dining room that feels like a vintage sun porch, bathed in natural light.

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The main level features a living room with fireplace, a sleek, updated kitchen, bathroom, and a versatile space that could be an office or bedroom.

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Multiple sets of French doors provide smooth outdoor access, where a rear deck/BBQ area makes the perfect spot for entertaining against the shimmering LA skyline.

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Downstairs, a den with huge windows frames a gorgeous vista and flows to a private, zen-inspired back yard. Systems have been upgraded, there’s central heat + a/c, and a 1-car garage. The Reservoir, Dog Park, LA Mill, Sunset Junction and more are just a few blocks away.

Many more beautiful photos can be found at 1630benton.com.

OPEN HOUSE: Sunday, July 21st, 2 to 5 PM

BROKER’S OPEN: Tuesday, July 23rd, 11 AM to 2 PM – lunch served!

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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Study Says There is No Housing Bubble

Prices rising, packed open houses, bidding wars, all-cash offers… Must be a housing bubble, right? Nope. Andrew Khouri reports in the LA Times: “Real estate information firm CoreLogic said Tuesday that a bubble has not formed in the U.S. housing market, nor in hot regional markets, adding that rising interest rates will put a brake on any danger.” CNBC echoes that analysis, here.

The talk at HousingWire is that “the housing market is still a seller’s market,” with June numbers pointing to more “balance.” Here’s a map of what LA’s housing recovery looks like through the end of 2012…

Map

Is it time to make your move in housing? Whether buying or selling, you’ll find friendly, accessible, highly experienced pros at Tracy Do Real Estate.

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

Map data & analysis by Andrew Khouri and Doug Smith.

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1968 “Time Capsule” in Mount Washington

List Price $960,000

3 bedrooms • 3 bathrooms

2,316 sf • 11,464 sf lot

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The personal residence of noted architect Young Woo is on the market for the very first time. Located in the hills of Mount Washington, it has walls of glass and sweeping views.

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The home was published in Architectural Record as a Record House in 1968. Features include an “indoor garden,” sliding walls, and clerestory windows allowing in lots of natural light.

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Much of the residence is original as-built, though there are some updates to the kitchen and flooring surfaces. Across an outdoor patio is an “architect’s studio,” complete with its own bath.

To tour this wonderful Mid Century Modern home, contact Tracy Do Real Estate.

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

Listing courtesy Of Georgia Seid, John Aaroe Group Pasadena

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Small + Earth-Friendly Home Packs Big Punch

Over on Inhabitat, Tafline Laylin reports on a “micro” home with a secret: it’s actually pretty massive.

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The Dynamic Augmented Living Environment, aka “DALE” was designed right here in the LA/Pasadena area by students at SCI-Arc (The Southern California Institute of Architecture) and CalTech (California Institute of Technology). As part of this year’s Solar Decathlon competition, the two combined forces to create a “net-zero” living space, capable of existing completely off the grid.

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What’s different and quite cool about this small, sustainable home is what you can do with it. Two airtight, prefabricated modules are set on rails that allow them to separate, creating a courtyard space with an optional solar canopy. Usable living space goes from 600 sq. ft. to almost 1,800 sq. ft., then slides right back to its original size as needed. The two parts can function individually or as a complete unit, offering the flexibility to change with the weather, for example. Or to allow a bunch of friends to come over and hang out.

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A sophisticated solar power system provides climate control plus hot and cold water. The stylish, very practical living space isn’t in mass production yet, but that could change soon. See it for yourself at the Solar Decathlon, October 3rd through 13th in Irvine. For more info on the project, click here.

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

This entry was posted in: Seen