Last week the LA Times reported on an increase in the number of adult “millennials” who live with their parents, this in spite of the fact that their economic circumstances have largely improved. A study on the subject points to shifting attitudes as a driving force, among other factors.
If you have changes in your living situation, or need to make them, we’re here to help. Contact us anytime at Tracy Do Real Estate.
The thing about the LA housing market is, at some point you just have to dive in. For many buyers, condominiums offer a price point that can make their mortgage payment comparable to what they already pay in rent (depending on circumstances, of course). Condos also offer something very close to “maintenance free” living. For many busy professionals, this is a great way to go.
Here are two options for you, new listings from Tracy Do Real Estate. Both are extremely well located with easy access to the very desirable neighborhoods around them. They offer plenty of space and are priced less than $600,000 (one of them less than $500K).
This two-bedroom of 1963 vintage has polished concrete floors and a private outdoor patio. It is mere blocks from Los Feliz Village, offering shopping and dining options galore plus easy access to the trails of Griffith Park. Details and photos here.
This one-bedroom in the gorgeous Ostrich Farm Live-Work Loft complex is as good an opportunity as you’ll find these days for entry-level homeownership. With nearly 1000 square feet of open living space, it also has a tucked away bedroom, a beautifully tiled bathroom and a private balcony over a courtyard with tall stalks of timber bamboo. Located in South Pasadena (a top school district) it is right at the border of Highland Park, providing so many options for dining and nightlife. See the photos and learn more by heading here.
For an open house schedule or to arrange a private viewing, contact Tracy Do Real Estate.
Neither would we. Check out our new listing in Rancho Palos Verdes, on the market for the first time since the 1970’s. Its vistas include the South Bay coastline, Catalina Island and the deep blue Pacific. Photos and details here.
To receive new listings by email, or to schedule a viewing click here!
KCET is running a clip about the rancor over our city’s Small Lot Ordinance, a bill which passed rather quietly several years ago but is resonating louder as it is increasingly implemented. The measure allows for multiple small-footprint houses to be built on properties that were previously occupied by a single dwelling. On the Eastside, SLO developments have found eager buyers who are attracted to the design, technology and inner-city access that many of the Small Lot developments provide. Opposing them are the people who dislike the SLO, and have formed neighborhood coalitions to curb or even stop the development of these new homes.
This under-8-minute piece on the KCET website is a quick primer and presents the views of both sides. Are Small Lot developments an “out of character” nuisance that only serve to displace affordable housing? Or are they the energy-and-water efficient path to growing denser, more walkable neighborhoods in our urban core?
Watch the clip and decide for yourself. At TDRE we support the Small Lot Ordinance, and always hope that the homes are built to the proportion, character and spirit of the location that they occupy. We certainly understand the controversy. But with prices high and inventory low, home buyers need options. The SLO is providing them, and we would be very happy to introduce you to a Small Lot home.
Contact us anytime at Tracy Do Real Estate.
The fastest selling new community this past year has been NELA Union Modern Homes, where style, quality and value come together in one of LA’s hottest neighborhoods, Glassell Park. Construction is set to conclude in September and nearly all of these residences are occupied. This is your very last chance to purchase directly from the builder.
Head to Tracy Do Real Estate for more info, or call 323-842-4002.
This lovely traditional home sits on a choice corner lot in Silver Lake near pretty much everything including The Reservoir, Trader Joe’s, all the great stuff on Rowena and the soon-to-be Whole Foods. It’s in the coveted Ivanhoe School District and is offered at a great price considering its size and absolutely prime location.
Details and photos here. Open Saturday & Sunday, 7/18 & 7/19 from 1 to 4pm.
To receive new listings by email, or to schedule a viewing click here!
A private-feeling home with three bedrooms, two bathrooms and a huge flat yard…
Refurbished with new wood floors…
Oh, and this.
Details here.
To receive new listings by email, or to schedule a viewing click here!
Among our new listings this week is a gorgeous Craftsman Bungalow in a renown Pasadena enclave, historic Garfield Heights. The home has much of its original beauty intact alongside modern updates that are period-inspired, combining the best of two worlds.
Open Saturday and Sunday, 6/13 and 6/14 from 1 to 4pm. Head here for more photos and details.
This isn’t just an awesome house, it’s a compound (!) A nearly 10,000 square foot flat property in Highland Park, zoned so that you could add another structure (seriously, wow). The existing house is amazing, restored from the ground-up by a design/build team that spent the better part of year making it special. Bonus detached studio, too.
Come see it this weekend, Saturday & Sunday June 13 & 14, 1 to 4pm.
Photos, details, here.
A little late posting this one, it’s been on the market for a few days and has received (not surprisingly) a ton of interest. A lovely house in a great Highland Park location, full details and lots of photos here.