As of this posting, Tracy’s Q&A with Curbed LA readers is the second-most-read article on the site. Check it out here.
Better yet, contact Tracy directly and ask your own questions. Call, text or email anytime to Tracy Do Real Estate.
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Located in the coveted Linda Vista neighborhood, high up in the hills and very near Pasadena Art Center, this 1958 home was designed by noted architect Harold B. Zook.
The place could use a little freshening, but its clean lines, wide open spaces and walls of glass mean there’s already so much to like.
The property runs street-to-street and covers over a half acre. Call it your retreat or oasis, it’s a great opportunity in one of Pasadena’s best neighborhoods. For a private tour, contact Tracy Do Real Estate.
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Listing courtesy of Tracy Alderson, Sotheby’s International Realty.
Renters already know it can be tough out there, and now we know why: Andrew Khouri reports in today’s LA Times that, when it comes to the cost of paying rent, “California (is) the second-least affordable state behind Hawaii.”
Paying rent is a fact of life for most people, and for some it’s the right fit. However, as Tory Barringer wrote last month in the M Report, “homeownership remains important to 96% of Americans, with 77% of respondents ages 25-34 and 78% ages 35-44 agreeing it is ‘very important.’”
Renters, there are alternatives out there, particularly if you’re willing to buy new construction where there might be options in regard to financing. There may well be be an ownership opportunity that fits your taste and budget, and to find it, contact the pros at Tracy Do Real Estate.
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Buyer Representation: Lovely 1929 Traditional in Burbank
Status: Sold
Type: Single Family / Bedrooms: 3 / Baths: 1
Living Area: 1,262 Square Ft. / Lot Size: 7,072 Square Ft.
We are huge fans of CurbedLA, for us it is simply indispensable reading. So it’s an honor and thrill to have Tracy Do featured in their educational series “Curbed University.” Tracy will be answering questions all weekend — click here to post one.
And for further help in all your real estate needs, head straight to the source at Tracy Do Real Estate.
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An exclusive offering of Tracy Do Real Estate in association with Jordan Nedeff, John Aaroe Group.
For more info and a beautiful photo tour head to 2346echopark.com
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From Matthew Boesler of the Business Insider: “Credit Suisse analyst Daniel Oppenheim states that ‘the breadth of strength in both pricing and traffic at the start of spring selling season’ is ‘unprecedented.’ Oppenheim says real estate agents are ‘widely citing increased buyer urgency due to the combination of persistent inventory shortages (driving prices higher) and signs of mortgage rates moving higher.'”
We can relate. Multiple bidders, all-cash offers — we’re seeing some heated competition in this market. But let’s all take a deep breath and slow down. As of today, mortgage rates are holding steady. So before you get swept up in any kind of stampede to the housing market, try the simpler and far less stressful approach of contacting Tracy Do Real Estate. We’re a team of well-connected, clear-thinking, highly experienced agents. We’ll sit down with you, listen to your goals and map a plan for getting the house you want. Head here to see what people are saying about us. Connect with us directly by email to tracy@tracydo.com, or by text to 323-842-4001.
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The “BIG & small HOUSE” was built last year by Anonymous Architects. Located in the Northeast LA enclave of Glassell Park, the approx. 1200 square foot home occupies a mere 2500 square foot lot. Says the Arch Daily: “Starting with a vacant lot that was half of the typical minimum lot size, the objective was to compensate for the relatively small footprint of the house.”
“To achieve this there are only two full height walls inside the house which makes the main interior room nearly as large as the building footprint. This gives the house an open lofted feeling with very high ceilings and abundant natural light.”
The Big & small House is delightful on a variety of levels, not the least of which are its overall subtlety and ingenious use of space. It also heralds the emergence of Glassell Park, a neighborhood where architects and designers are finding the space — and inspiration — to do wonderful things. With a prime location between Atwater Village, Eagle Rock, Mount Washington and Highland Park, “GP” is a rising star in real estate. But don’t wait too long. For assistance in either buying or selling in this fast-rising NELA enclave, contact the people who know it best: the experts at Tracy Do Real Estate.
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Photos and drawings courtesy of Anonymous Architects.
Today on HousingWire.com: “January national home prices, including distressed sales, rose 9.7% year-over-year.” Reporter Megan Hopkins adds, “With housing still 20% undervalued relative to incomes and 5% undervalued relative to rents, Capital Economics says affordability is also very favorable, with the typical household bringing in double the income necessary to service the interest and repay the capital of the typical mortgage.”
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Two Craftsman-style Homes on a lot in Echo Park!
Offered at: $775,000
Status: Sold
Type: Multi-Unit / 2 Units / Bedrooms: 3 / Baths: 3
Living Area: 2,120 Square Ft. / Lot Size: 7,970 Square Ft.
This fully restored, wonderfully maintained 1921 Craftsman-style Duplex is perched on a hilltop near the heart of Echo Park. Having starred on HGTV, it’s loaded with upgrades yet maintains its sense of history and Old World charm. The front house, renovated in 2006, has an inviting front porch and large “Chicago” style window which casts streams of natural light onto hardwood floors and period style built-ins. A gourmet kitchen with Viking 6-burner stove is set off by a backsplash of shimmering recycled glass tile, and includes plenty of storage. There’s central heat and air and room-by-room Surround Sound by a renown audio firm. The back house, a 2004 remodel, has an open floor plan with French doors leading to a secluded patio. A courtyard links these two residences, presenting the opportunity for an owner who wants income — or just a quiet place to work. Mature fruit trees shade the entire property and an elevated deck provides a stunning view of the nearby downtown skyline. Secluded and peaceful, this historic, modernized home is close to the action but feels very much apart. Both units delivered vacant. (Co-Listed with Jordan Nedeff).