Buyer Representation: 1928 Spanish Revival Duplex in Prime Silver Lake
Status: Sold
Type: Duplex / Bedrooms: 6 / Baths: 5
Living Area: 3,200 Square Ft. / Lot Size: 4,335 Square Ft.
You know how I love good news, and there’s plenty of it right now. The U.S. Census Bureau says that housing starts for June were up nearly 20% from a year ago…
And since Wall Street loves positive housing data and earnings reports, stocks got a boost as the NY Times outlines here…
All of which is backed up by what’s happening in our local housing market. Dataquick reports a rise in sales as well as in the all-important median price paid for homes here in the Southland.
But my favorite news actually comes courtesy of the Arch Daily, a wonderful website devoted to one of my greatest loves in life — architecture. Irinia Vinnitskaya has written an article about what planners, architects and designers are doing to create active, healthy cities. Very cool.
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Photo: The Highline Eastern Rail Yards, courtesy of the City of New York and Friends of the Highline
Here’s my latest listing, a modern and super sexy architectural in Silverlake. Click here for lots more pictures, or stop by my Open House this coming Sunday, 7/22 from 2-5 pm. Hope to see you there!
I’ve been talking for awhile about the shortage of inventory out there, which points to a healthy local real estate market. I guess the Wall Street Journal agrees, because as they reported last week, the housing bust is “officially over.”
So… what does that mean for you?
If you were thinking about putting your house on the market, and maybe were on the fence about it, well don’t be. It’s a great time to sell, especially at certain price points. And to my buyers, I will remind you that it’s getting highly competitive out there. Check out my Buyers Guide for useful info on how to prepare and place yourself in the strongest possible position to get the house you want. If you need advice or have any questions, don’t hesitate to reply at the bottom of this post or get in touch. I’m here to help.
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Sounds like this isn’t quite a “go” yet, but I sure hope it happens. Curbed LA reports that these 18 Barbara Bestor-designed units, ranging in size from 1,300 to 1,650 sq. ft., would be built on a one-acre site on an Echo Park hilltop. The development is called “Blackbirds,” and represents the kind of urban planning that I very much support. Density is good, especially when done the right way, i.e. it’s appropriate to the surroundings, helps people “use less,” and gets them closer to where they work.
The bonus is, anything designed by Barbara Bestor is going to look awesome.
Can’t yet say what these will cost when (and assuming that) they’re completed. But my best guess is that Blackbirds is going to fly — and sell quickly. Stay tuned.
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Article and Photos Courtesy of Curbed LA and Bestor Architecture
Well for starters there are these gates, giving the sense of privacy and seclusion that you’d expect in such a grand home. Amazingly, the property is situated quite close to the happening spots of Hollywood and Los Feliz.
A 25-year long restoration project has covered every detail, and there are electrical and systems updates throughout. 
It should! This article in the NY Times points to specific upward trends in real estate. One doesn’t want to get overexcited about this stuff, numbers will fluctuate after all. But I continue to see extremely low inventory locally, and competition for homes has been fierce. Certain price points are attracting literally scores of buyers, in fact my last several listings received multiple offers and sold quickly for over the asking price — sometimes way over.
What does this mean? I’m advising all my sellers who have been waiting for prices to rise to go for it. Buyers are out looking, and the right house at the right price is likely to sell.
For buyers, my opinion is it’s time to step up your search. Interest rates are historically low right now. The way things are trending, we will likely see increased prices — and competition — in the near term.
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Here’s my new listing in Eagle Rock, a gorgeous Spanish with period details in a prime North of Colorado Blvd. location. For more pictures and info, head over to my website — or better yet — come see it in person. I’m hosting an open house this coming Sunday, 7/8 from 2-5 PM. Stop by and say hi, I’ll be happy to show you around.
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Spanish Colonial Revival with Period Details!
Offered at: $649,000
Status: Sold
Type: Single Family Home / Bedrooms: 3 / Baths: 2
Living Area: 1,521 Square Ft. / Lot Size: 7,187 Square Ft.
Built in 1922, this gracious Spanish Colonial Revival home is sure to please even the most discriminating palate. The house is on a large corner lot set back from a wide, undulating, picture perfect street in a prime North of Colorado Blvd. location. This single story home features 3 bedrooms, 2 bathrooms, a 2 car garage, a private backyard that’s walled and gated with mature landscaping and a bountiful vegetable garden. Period details include a tile roof, barreled ceilings, archways, wood beams, decorative iron trim and wood windows that blend seamlessly with a large updated kitchen. Numerous French doors allow for natural light to stream in, as well as great indoor/outdoor flow. Main system improvements include updated central heat and air conditioning, copper plumbing and electrical. It’s near Trader Joe’s, Casa Bianca and Lemongrass — just to name a few!
This will be a fun and free event, tomorrow night (6/30) starting at 6PM. It’s part of the LA Design Festival, and if you haven’t been to Chinatown lately you should check it out. Galleries, design shops, creative work and performances spaces, all around an open plaza with glowing lanterns and a warm, welcoming vibe. For a low-key dinner, try Via Cafe (same owners as Blossom in Silverlake). Here’s info on the event, hope see you there.