Real Estate News

Get into This Housing Market

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).

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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.

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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.

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Maybe You Need… a Bigger House?

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.

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1010 Sycamore Avenue Unit #204

1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204
1010 Sycamore Avenue Unit #204

1010 Sycamore Avenue Unit #204

Spacious Modern Loft in South Pasadena
Offered at: $499,000

Type: Loft / Bedrooms: 1 / Baths: 1
Living Area: 930 Square Ft.

A spacious modern loft in South Pasadena. This second level unit in the Ostrich Farm live/work complex was originally a “model” home and features high ceilings, large windows and beautiful hard surface flooring. Open living, kitchen and dining provide loft living hallmarks with the added bonus of a tucked-away bedroom that feels separate yet easily accessible. A private balcony faces a serene courtyard planted with timber bamboo, a great spot for morning coffee or afternoon relaxation. Co-listed with Hanna Azboy.

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1817 Silver Lake Blvd 90026

1817 Silver Lake Blvd
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1817 Silver Lake Blvd 90026

Modernized English Cottage in Silver Lake
Offered at: $950,000

Type: Single Family / Bedrooms: 3 / Baths: 1 / Built: 1927
Living Area: 1242 Square Ft. / Lot Size: 5200 Square Ft.

A modernized English cottage in Silver Lake. This house is tucked away behind a private hedge and gate, and located in the heart of the action. It’s the best of two worlds with popular neighborhood hangouts nearby, yet when that gate closes there’s a sense of privacy as the retreat-like property welcomes you inside. The front yard includes mature shade trees and a lovely front porch. Inside find formal living and dining rooms with coved ceilings, soaring skylights and a sensible, modern use of space. A sophisticated remodel includes an updated kitchen and bathroom. A wide hallway lined with built-ins leads to three bedrooms, one of them will make an ideal office. A French door opens to the large, flat backyard and deck, the perfect spot for morning coffee, evening dining, grilling and entertaining. The home includes a two-car garage and an extraordinary level of access, just steps from the Silver Lake Reservoir, dog park, LA Mill and Alimento, to name a few.

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Watch: Small Lot Homes = Controversy in LA

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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.

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Prime Silver Lake

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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!

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Modern Townhouse in Glassell Park

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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.

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3943 Eagle Rock Blvd #42 90065

3943 Eagle Rock Blvd #42
3943 Eagle Rock Blvd #42
3943 Eagle Rock Blvd #42
3943 Eagle Rock Blvd #42
3943 Eagle Rock Blvd #42
3943 Eagle Rock Blvd #42

3943 Eagle Rock Blvd #42 90065

Spacious Modern Home in Glassell Park
Offered at: $665,000

Type: Townhouse / Bedrooms: 4 / Baths: 3.5
Living Area: 1944 Square Ft.

A spacious modern home in Glassell Park. This is the last new unit at the fast-selling NELA Union condominiums, offering 4 bedrooms and 3.5 bathrooms in an urban 3-level design. The ground level has a private patio, attached 2-car garage with direct entry, a bedroom and full bath. 2nd level feels like a loft with wood flooring throughout. Dining and living areas open to the kitchen finished in white cabinets, quartz countertops, stainless steel appliances, a full height backsplash and a big center island. Large windows and 9′ ceilings bring in lots of sunlight and there’s a private balcony and half bath. 3rd level Master bedroom has a walk-in closet, an attached bath with dual vanities plus a separate shower and soaking tub finished in tile. There are 2 more bedrooms on this level with a full hallway bath and a laundry room. Energy-efficient technologies include a tankless water heater and dual-pane windows. The community is beautifully landscaped and pet-friendly with low HOA’s.

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1701 Deloz Avenue 90027

1701 Deloz Avenue
1701 Deloz Avenue
1701 Deloz Avenue
1701 Deloz Avenue
1701 Deloz Avenue
1701 Deloz Avenue

1701 Deloz Avenue 90027

Charming, Modernized Hillside Cottage in Prime Los Feliz
Offered at: $3300/mo

Type: Lease / Bedrooms: 1 / Baths: 1 / Built: 1922

A charming, modernized hillside cottage in prime Los Feliz. This standalone one bedroom house in the coveted Franklin Hills neighborhood includes use of a private deck. Dine al fresco and take in a stunning vista of the surrounding hillsides including city lights and the Griffith Park Observatory. Features include wood floors, recessed lighting plus an updated kitchen and bathroom. The cozy downstairs bedroom provides a sense of quiet seclusion, with views of the treetops outside the windows. The home feels every bit like a retreat and yet it’s close to the city, with easy access to the shopping, dining and nightlife of nearby Los Feliz Village and Silver Lake.

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