Mortgage Rates Drop Again

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It’s good news for home buyers, who might have been jittery a few weeks back when interest rates spiked upward (though they were still pretty low!) E. Scott Reckard of the LA Times writes, “Here’s one clear effect of the  government shutdown: Mortgage rates have tumbled to their lowest level since spring. Freddie Mac said Thursday that lenders were offering the 30-year loan early this week at an average 4.13%, down from 4.28% last week.” Read Reckard’s full story, here.

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Graphic courtesy of Freddie Mac. 

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3400 San Marino Street Unit N in Koreatown

 List Price $589,000

1 bedroom • den • 1.5 bathrooms

1,491 square feet

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Miramonte Terrace is one of LA’s great Old World gems, sought after for its central location in Koreatown, as well as its beauty. Unit N is a tastefully modernized, well maintained condo with period charm and nearly 1500 square feet of living space. Offered for sale exclusively by Tracy Do Real Estate.

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The one bedroom residence has a den, full master bath and powder room for guest use. The formal living and dining rooms provide elegance on a scale that feels grand.

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The remodeled kitchen has marble countertops and backsplash. There are original built-ins and hardwood floors throughout, with storage provided by two walk-in closets and a pantry. Modern upgrades include recessed lighting and a soundproofed ceiling.

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Big windows and a balcony connect you to the city. There’s a one-car garage plus an uncovered parking space and separate storage area.

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The building features a fountain, lawns, a rooftop loggia with terrace and a downstairs game room. The shops and dining of Koreatown are close, with Hollywood and Downtown LA within easy reach.

Many more gorgeous photos can be found at 3400sanmarino.com.

For a private tour of this lovely condominium home, contact Tracy Do Real Estate.

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

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Hard Hat Tour This Weekend

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Your exclusive invitation from Tracy Do Real Estate and Warmington Residential:

Whatever plans your weekend might have in store for you, be sure to carve out some time to join us on Sunday, October 20th, between 1 to 4PM. We’re giving a behind the scenes look at NELA Union, the spacious town homes currently under construction in Glassell Park. Meet the builders, ask questions, and see up-close the quality and craftsmanship of these beautiful modern residences that will soon be offered for sale — at prices comparable to paying rent. Hope to see you there!

Let us know you’re coming: rsvp@nelaunion.com

RSVP is encouraged but not required. You’ll be visiting a construction site and for your safety, closed toe shoes are mandatory. Minor children are not allowed. Thank you!

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3147 Atwater Avenue in Atwater

List Price $649,000

2 bedrooms • 2 bathrooms

1,164 sf • 4,797 sf lot

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New from renown design+builders ReInhabit: a look from the past, restored for the present. With vintage charm and a great location, this home in Atwater is an exclusive offering of Tracy Do Real Estate.

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The Traditional style house was found with its original kitchen, bathroom and fixtures virtually untouched. ReInhabit has rejuvenated it with painstaking effort, importing vintage elements like reclaimed doors, windows and lighting fixtures which mesh perfectly with refinished original oakwood floors (and new Marmoleum in the kitchen).

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Original pristine cabinetry, bathroom tile and pocket doors have been restored to feel “like new.” Upgrades include plumbing, electrical and central heat and air.

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This second bathroom is a new addition, as is the walk-in closet off the Master Bedroom. The custom-built “secret” laundry nook is as ingenious as it is functional.

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The garage has been re-purposed to a versatile space for work, play or entertaining. It flows beautifully to a back yard with two decks and drought-tolerant landscaping.

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This is a functional modern residence but feels lifted from another place and time.

Many more beautiful photographs can be found at 3147atwater.com.

For a private tour, contact Tracy Do Real Estate.

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

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You’re Invited: NELA Union Hard Hat Tour

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An exclusive invitation from Warmington Residential and Tracy Do Real Estate. Join us on Sunday, October 20th between 1-4PM, for a behind the scenes look as NELA Union takes shape. Meet the builders, ask questions, and see up-close the quality and craftsmanship of these beautiful modern homes. RSVP for this event by emailing rsvp@nelaunion.com. Hope to see you there!

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

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The Solar Decathlon is ON!

WHEN: October 3rd thru 6th & 10th thru 13th, 11am to 7 pm

WHERE: The Great Park, Irvine, CA

COST: $0 – it’s free!

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Let the games begin. Over the past few days, an open expanse has been transformed into a village of cool, energy efficient homes. There is genius at work here, to say nothing of collaboration and innovation as teams from all over the world go head-to-head in competition. It’s the Annual Solar Decathlon, and we are proud that it is held right here in SoCal, an hour south of LA in OC’s Great Park.

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From their website: “The U.S. Department of Energy Solar Decathlon is an award-winning program that challenges collegiate teams to design, build, and operate solar-powered houses that are cost-effective, energy-efficient, and attractive. The winner of the competition is the team that best blends affordability, consumer appeal, and design excellence with optimal energy production and maximum efficiency.”

“Open to the public free of charge, the Solar Decathlon gives visitors the opportunity to tour the houses, gather ideas to use in their own homes, and learn how energy-saving features can help them save money today.”

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So what is there to see? Here’s a rendering of a house called LISI by Team Austria, from the Vienna University of Technology. Tour it in person and see how this stunning home was conceived and built.

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One of two local teams in competition hails from USC. “In designing fluxHome, the University of Southern California team focused on developing a truly accessible model for energy-independent, low-cost housing that reflects the best qualities of indoor-outdoor living in Southern California.”

We reported a few months ago on a second local team in the decathlon, comprised of students from SCI-Arc and CalTech. It is truly inspiring to these young minds at work designing homes that will most certainly influence our future landscape here in the LA area.

For more info about this fun, free and very informative event, head to the Solar Decathlon website. This is a great opportunity, we hope to see you there!

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

Photos courtesy of Eric Grigorian of the US Dept. of Energy. Renderings by Team Vienna and USC.

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