A Home or Art?

That’s the question posed in an article by James B. Stewart, published yesterday in the NY Times. “If it’s $100 million, is it art?” We’ve seen these stratospheric prices attached to certain unique properties in places like LA, Miami, NYC. So what’s the answer? I can only speak from my own experience: a home is worth what someone is willing to pay for it.

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Photo courtesy of the New York Times

This entry was posted in: Deals

Mid-Century Post and Beam in Glendale

List Price $620,000

3BDs/1.75BA in 1,776sq. ft./lot size 7,206 sq. ft.

I like the lines on this 1964 home — and like the value, too. It’s on a nice street in the Rossmoyne / Verdugo Woodlands neighborhood. That’s a wraparound deck outside, featuring excellent views.

Open-beam ceilings are common in this style of home, and wow do they look great.

And get this: around back there are not one but two two-car garages. Convert one to a studio, guest house or office? Could be. Get in touch with me here and we’ll go take a look, see if this mid-century post and beam home is right for you.

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Listing courtesy of Herbert Lambert, Rodeo Realty

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1950 Modern (x 2!)

Both need work, but that won’t deter people. These two mid-century gems are likely to be snapped up quickly, so call me asap if you want to take a look.

House #1: List Price $799,000

3BDs/1.75BA in 1,918sq. ft./lot size 6,797 sq. ft.

The “Par 4 House” in prime Mt. Washington is on the market for the very first time. What an opportunity. It has three gently sloping bonus lots and views clear to Catalina Island.

Can you say “original?” The place is virtually untouched, although the third bedroom was added in 1960 (by the original designer/builder). It’s near the coveted Mt. Washington Elementary School and is a trust sale, offered “as is.”

House #2: List Price $399,000

3BDs/2BA in 1,592sq. ft./lot size 7,557 sq. ft.

This second 1950 home is located on a nice street in up-and-coming Glassell Park. As you can see it has a pool and also features sweeping city-lights views.

Plenty of room to move around in here, which means lots to work with as you update this house and make it your own. Like the first property, this is a trust sale offered “as is.”

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Mt. Washington listing courtesy of Hattie Ramirez, Coldwell Banker – Los Feliz

Glassell Park listing courtesy of Jeff Yarbrough, Keller Williams Beverly Hills

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FYI Quick Read…

An article in the LA Times this morning by Jim Puzzanghera illustrates that U.S. home prices rose 2.3% in June in the nation’s largest cities — the fourth straight monthly increase. “We seem to be witnessing exactly what we needed for a sustained recovery: monthly increases coupled with improving annual rates of change,” said David M. Blitzer, chair of the index committee at S&P Dow Jones Indices. “The market may have finally turned around.”

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FYI Quick Read…

There was good article this past weekend in the La Canada Valley Sun concerning the latest turn (no pun intended) in the 710 Freeway extension debate. Seems CalTrans/LA Metro have taken all “surface route” options off the table, which is great news for some but continues to anger residents of northeast LA communities like Pasadena and La Canada Flintridge, among others.


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Stately English in Pasadena

List Price $2,450,000

4BDs/4.5BA in 4,713sq. ft./lot size 25,143 sq. ft.

I previewed properties in Pasadena’s San Rafael Hills today and here’s a standout. Sitting behind iron gates on lush grounds, this sprawling home has the feel of a proper estate — including a detached guest house with kitchenette for your “staff” (or parents, or post-college child, or out-out-town guests…)

Definitely has one of the coolest living room ceilings I’ve ever seen, as well as many other details plus all the modern updates that you’d expect. Believe it or not this a “newer” home (built in 1980). And the pool area will transport you to another place. Want to take a look? Contact me here.

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Listing courtesy of Gretchen Seager, Sotheby’s International Realty

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Print Out Your Home and Snap it Together

Sounds far fetched, right? Well read this article on the Fast Company Design website about a very cool “kit” house near Copenhagen, DK. Using digital fabrication and a rapid-prototyping machine, it was built in just six weeks at a cost of $300,000.

“The benefit of the technique is that it cuts back on many of the environmentally unsustainable practices of standard residential construction,” writes Suzanne Labarre in her piece. “The next step, the architects say, is to offer on-site, digitally fabricated houses to the public.”

Keep your eyes out for vacant lots, people. I know I will.

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Photos courtesy of eentileen architecture, Facit Homes and Fast Company Design

This entry was posted in: Deals