Updated Traditional in Glassell Park

List Price $549,000

2 bedrooms • 1.5 bathrooms

1,428 sf • 5,173 sf lot

We’d love this house anywhere, but the fact that it’s located in next-big-thing Glassell Park makes us love it all the more. Built in 1939 and featuring city-lights and mountain views, this home is priced right and ready to move into.

There are plenty of original details here, and a major kitchen renovation added Carrera marble, custom cabinetry, a Viking stove, Fisher & Paykel dishwasher, wine cooler and much more. Head down the original Magnesite staircase and you’ll find a master bedroom that opens to a large deck, as well as a second bedroom, remodeled hall bath with tub and a laundry room.

A bonus to this upslope property is an extra space that would make a great office, studio or darkroom. There’s an attached 2 car garage and a large, grassy yard off the rear deck. For a private tour of the house, and also its fast-rising neighborhood of “GP,” contact Tracy Do Real Estate.

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Listing courtesy of Peter V Buonocore, Keller Williams – Larchmont

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FYI Quick Read…

The LA Times reports this morning that “home prices increased 6.3% in October from a year earlier, the biggest year-over-year gain since 2006.” So it’s more good news for our local housing market, the one downside being the persistence of low inventory, especially in price points that many first-time buyers find attractive. Our takeaway? It’s a great time to sell your home. For a complimentary valuation of your property, contact Tracy Do Real Estate.

Jim Puzzanghera’s full LA Times article can be found here.

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257 S. Spring Street Unit 4E in Downtown LA

2 bedrooms • 1 bathroom • 1,170 sf loft

I’m excited to announce my new listing, right in the heart of the most vibrant, happening part of Downtown LA . This corner unit in the Douglas Building Lofts offers an open kitchen, dining, living areas and a gorgeous balcony. It’s got style galore and you can’t beat the location, so contact me here for a private tour. More pictures and details can be found at 257spring.com.

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Landmark Adobe in San Gabriel

List Price $1,650,000

4 bedrooms • 3.75 bathrooms

4,633 sf • 25,351 sf lot

I’ve seen literally thousands of homes for sale, but never one quite like this: a sweeping, grand adobe that is estimated to have been built between 1792 and1805, making it well over 200 years old (!) Yet this historic, registered landmark near San Gabriel’s famed Mission District has been meticulously maintained and thoroughly modernized, making it a practical home for the 21st Century.

With nearly 5000 square feet of living space, this home feels huge. Several of the rooms are vast in scale, while others have a more intimate, cozy feel to them. It doesn’t hurt that there are four fireplaces, including one in the large, detached guest house.

The expansive, flat yard has an estate-like feel to it, but honestly photographs can hardly do justice to this remarkable home. To book a private tour and see this piece of history for yourself, contact me here.

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

Listing courtesy of Candice Lyman, Dilbeck Real Estate.

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Silver Lake Proposal(s) Could Bring 500+ Units

My friends at The Eastsider LA report that things are progressing for a trio of proposed mixed-use buildings in Sunset Junction, one of them rendered above. While nothing is imminent, “work is underway to complete a draft of an environmental impact report, which will look at how the development would increase traffic… and other factors.” Read the full article here.

Rendering courtesy Frost/Chaddock.

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FYI Quick Read…

In this morning’s LA Times, Alejandro Lazo reports: “An index of home prices in the largest American cities rose in September, indicating that low supply and increased demand continue to boost housing… ‘With six months of consistently rising home prices, it is safe to say that we are now in the midst of a recovery in the housing market,’ said David M. Blitzer, chairman of the index committee at S&P Dow Jones Indices.” Read the full article here.

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FYI Quick Read…

Buyers frustrated by the scarcity of homes for sale can take heart in this good news, reported today by financial news outlets like CNN Money: Mortgage rates have hit historic lows. Again. Of course, “cheap money” is part of why there’s such low inventory in the first place. But fear not, buyers. I can find you a house and advise you on how to take advantage of these incredible rates. Even if you just have questions or want to bounce around ideas, I’m happy to help. Contact me anytime, here.

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Eclectic Two-Level in Silver Lake

List Price $950,000

3 bedrooms • 2.75 bathrooms

2,416 sf • 5,119 sf lot

Here’s a great chance to live in one of the best parts of Silver Lake. North of Sunset and west of SL Blvd, this home is close to everything you want to be close to. It was built in 1925 but has been revamped and renovated with upgrades galore. It certainly isn’t like every other house out there, which to me is a major plus.

The home features new acacia wood flooring, high open-beam ceilings and two fireplaces, one of them located in a cozy downstairs den. There’s recessed lighting, central heat and AC, plus a brand new roof, siding and insulation.

The redwood deck offers a private outdoor sanctuary, as well as a fire pit to warm your nights while taking in the west-facing view. This very unique home is likely to sell quickly. For a personal tour, contact me as soon as possible, here.

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

Listing courtesy of David Kinder, Keller Williams Studio City.

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FYI Quick Read…

For anyone still wondering whether it’s finally time to ditch that rental, the Wall Street Journal Developments blog has your answer x 2. Nick Timiraos reports on how “demand for single-family rental housing is outstripping the available supply of homes…” with the result being higher rents throughout the US.  And Kris Hudson and Dawn Wotapka write that, “economist Lawrence Yun foresees U.S. home prices rising by 15% over the next three years.”

Renters, it’s time to get off the sidelines. Interest rates are low, demand is up, and the cost of that house you want is forecast to rise. For a no-cost, no-obligation analysis of your options, including neighborhoods, price-point and financing, get in touch with me here. I will be happy to help you become a proud homeowner. And it might be a lot more obtainable than you think.

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

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Alhambra Tudor has Modern Flair

List Price $619,000

3 bedrooms • 2 bathrooms

1,624 sf • 6,306 sf lot

Don’t get me started about Alhambra. To me it’s one of the best under-the-radar places to live, especially this part of Alhambra. Close to Pasadena and South Pas and with easy access to downtown LA, it’s a community on the rise, with good schools and excellent city services.

As for the house, just see for yourself. A light and bright completely renovated Tudor with copper plumbing, updated electrical, refurbished original windows, oak floors, Icera toilets, two new furnaces and restored chandeliers, hardware and sconces.

The kitchen has imported Italian Carrara counters, a farmers style stainless steel sink, Fisher & Paykel double dishwasher, GE Monogram refrigerator, Kobe range hood and a Jade 6 burner range. If you don’t know Alhambra yet, you should. I’ll be happy to show you the area and the house too. Contact me anytime, here.

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

Listing courtesy of Joseph Kiralla, Sotheby’s Int’l Realty, Los Feliz.

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