From KCET and reporter Carren Jao: “The NELA RC (Northeast Los Angeles Riverfront Collaborative) is a(n)… effort to build an identifiable Riverfront District along an eight-mile stretch of the river. The district comprises all of Atwater Village and Elysian Valley and portions of Lincoln Heights, Cypress Park and Glassell Park.”

Curbed LA’s Adrian Glick Kudler calls it a “game changer,” and adds that the RC will also be looking into “bike and car sharing along the river, encouraging job creation that makes sense for the workers in the area, and ‘turning the district into a regional food hub,’ among many other efforts.”

This is wonderful news for residents of Glassell Park, Atwater Village and other great NELA neighborhoods, which were “hot” even before this announcement. Want to get to know NELA better? Contact Tracy Do Real Estate, a great place to begin your NELA home search or sale.

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Map with overlay graphic courtesy of kcet.org and the NELA RC.

List Price $559,000

3 bedrooms • 2 bathrooms

1,478 sf • 5,914 sf lot

We see a lot of value in this re-done Bungalow that’s not very far from York Avenue in Highland Park. Built in 1920, it has dark wood floors, brand new HVAC, updated electrical and copper plumbing. A lower bonus space could serve as a laundry room or storage.

The renovated kitchen features Carrera marble counter tops, custom cabinetry and new stainless steel appliances. The lovely back patio is ideal for entertaining. For a tour, contact Tracy Do Real Estate.

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Listing courtesy of Sonya Coke, Sotheby’s Int’l Realty – Los Feliz

The proposed 710 Freeway extension could potentially impact neighborhoods across large swaths of NELA and the SGV, though to what extent is still a matter for debate. From the LA Times: “County transportation officials have released the final version of their analysis of alternatives for closing the so-called 710 gap between Alhambra and Pasadena… The MTA will hold three community open houses to share the report’s information.” The events are:

Jan. 23 at Maranantha High School, 6 to 8 p.m.

Jan. 24 at San Marino Community Church, 6 to 8 p.m.

Jan. 26 in the Golden Eagle Building at Cal State L.A., 9 to 11 a.m.

For Daniel Siegal’s full article, click here.

Real estate website Redfin wondered, which urban neighborhoods will be the hottest in 2013? Polling 600 agents nationwide they came up with this list of places where increasing sales and rising prices run headlong into a decreasing availability homes. Four of them turned out to be right here in LA. And it’s no surprise to us that three of the hottest neighborhoods in our entire country are the fast-rising Northeast enclaves Highland Park, Eagle Rock and Glassell Park.

The time to sell or buy in these areas is now, and no one knows them better than Tracy Do Real Estate. A proven leader and expert in Eastside purchases and sales.

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Graphic courtesy of Redfin.

List Price $799,000

3 bedrooms • 2 bathrooms

1,809 sf • 5,676 sf lot

This 1929 Spanish two-level is nestled on a downslope lot in a historic pocket at the border of Silver Lake and Echo Park.

Featuring wood and tile floors, french doors and a gorgeous decorative fireplace, the home has plenty of space and views from every window.

Multiple wraparound decks offer an opportunity for quiet contemplation — or entertaining. The home also has a hot tub, outdoor shower… and a really cool treehouse. Has to be seen in person to fully appreciate, and for a tour you can contact Tracy Do Real Estate.

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Listing courtesy of Brian Ades, Sotheby’s Int’l Realty – Sunset

List Price $1,450,000

4 bedrooms • 2.5 bathrooms

3,086 sf • 8,406 sf lot

Close to Ferndell Park in Los Feliz, this 1922 Mediterranean is a beauty, with loads of space and great indoor-outdoor flow.

With updates like recessed lighting (among others), the home also retains original period details like a Batchelder tile fireplace.

This bonus room / studio space feeds into a private-feeling yard complete with pool and spa. For a tour of this lovely property, contact Tracy Do Real Estate.

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Listing courtesy of Jeffrey Young, Sotheby’s Int’l Realty – Sunset