If This Doesn’t Get You Off the Fence…

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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Spanish Colonial Revival in Eagle Rock

1673 Hill Drive
List Price $649,000

3BR/2BA in 1,521 sq. ft. / 7,187 sq. ft. lot

 

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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1673 Hill Drive 90041

1673 Hill Drive 90041

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!

 

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A Night of Art / Design in Chinatown

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.

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Updated Mid-Century in the San Rafael Hills

List Price $1,299,900

4BDs/4BAs in 2,998 sq. ft./lot size 26,842 sq. ft.

I previewed homes in Pasadena’s San Rafael Hills today. Love this neighborhood, it feels above it all but is really so central to everything. A great bridge between LA and Pas.

A wall of glass, amazing. Did you know that there are lakes in the San Rafael Hills? We’re not talking water skiing, but from this house on Romney Dr. there’s a clear view of beautiful Johnston Lake.

Also has a pretty cool chef’s kitchen…

(more…)

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1428 Mt. Pleasant St 90042

1428 Mt. Pleasant St 90042

Romantic and Spacious 1922 Highland Park Bungalow!
Offered at: $379,000

Status: Sold
Type: Single Family Home / Bedrooms: 3 / Baths: 2
Living Area: 1,417 Square Ft. / Lot Size: 6,005 Square Ft.

This is the house you’ve been dreaming about, prime North of York Blvd. location near all of your favorite hangouts like Highland Café, The York, Cafe de Leche and Ba. One block from Eagle Rock, with over 1400 square feet of living space, three bedrooms, two bathrooms, a useable basement, two separate detached bonus spaces, mature landscaping and a large flat yard. 1428 Mt. Pleasant Street represents a wonderful blend of period charm with some modern updates. The oversized, remodeled kitchen has ample counter tops and cabinetry for entertaining, cooking and storing. All rooms are well proportioned, have high ceilings, abundant natural light and there’s even a walk-in closet. The charming and romantic 1922 period details include wood siding, wainscoting, crown molding and wood windows. Come home to this amazing property!

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1260 S. Euclid Ave 91106

Mid-Century Modern in Madison Heights
Lease Offered at: $3,200/mo.

Status: Leased
Type: Single Family Home / Bedrooms: 2 / Baths: 2
Living Area: 1,512 Square Ft. / Lot Size: 11,836 Square Ft.

1955 Mid-Century Modern home in the desirable Madison Heights area of Pasadena for lease. This tranquil two bedroom home with period kitchen and bathrooms, includes a spacious floor plan, polished concrete floors, a stone fireplace, office nook, and central heat and air. Walls of glass seamlessly blend indoor and outdoor areas. The extensive flat lot features mature landscaping and covered parking for two cars.

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1930 Mayview Dr 90027

1930 Mayview Dr 90027

Franklin Hills Home with Views
Offered at: $575,000

Status: Sold
Type: Single Family Home / Bedrooms: 3 / Baths: 2.5
Living Area: 1,738 Square Ft. / Lot Size: 3,570 Square Ft.

An amazing deal in the Franklin Hills of Los Feliz! This stylish, contemporary home features great views and a flat yard. It has three bedrooms, two and a half bathrooms and a walk-in closet in the generously sized master. There are updated systems, a laundry room and a two car garage with direct access into the house. Located near Los Feliz Village, Trader Joe’s, Gelson’s and is within the Franklin Elementary School District. This is a Short Sale.

 

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