Real Estate News

2703 W. Bellevue Avenue in Silver Lake

List Price $1,500,000

8 unit apartment complex

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Tracy Do Real Estate presents a tremendous opportunity to buy an income property in red-hot Silver Lake. This well-maintained complex includes a duplex built in the 1920’s and six non-rent control units of 1986 construction, eight units in total. The “townhome” style duplex has 2 bedrooms + 1 bathroom each with generous living space of approximately 1200 square feet per unit. Of the six other units, four are 2-bedroom, 1 bathroom units and two are 1-bedroom, 1 bathroom units. Current rents offer a 35 +% upside potential on total rental income. All units are separately metered for gas and electric, and there are 8 parking spaces. This easy-to-maintain building has been under the caring ownership of one family for 30 years. Monthly expenses are exceptionally low, it’s truly an investors dream.

For details please contact Tracy Do Real Estate.

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

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Open House: 1315 Calumet Ave. in Echo Park

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Don’t miss one of three chances this weekend to preview a cool and soulful Angelino Heights Victorian. Over a century old, tastefully restored and modernized, this rare gem features a shimmering backyard pool and unobstructed views of Downtown LA. Presented exclusively by Tracy Do Real Estate, 1315 Calumet Avenue is offered at $799,000.

OPEN HOUSE SCHEDULE:

Friday Twilight! Friday, March 21, 5 to 7 PM

Saturday March 22, 2 to 5PM

Sunday March 23, 2 to 5PM

If you can’t make it, take this photo tour. For a private showing contact Tracy Do Real Estate.

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

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4111 Sunset Blvd. #233 in Silver Lake

Offered for Lease at $4200/mo

2 bedrooms • 2 bathrooms • private patio

1490 sq ft loft

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From Tracy Do Real Estate comes this gorgeous, fully furnished home in the Sunset Silver Lake Lofts, available for short-term lease.

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The contemporary, two-level space features huge windows, 19-foot ceilings, polished concrete floors and a private outdoor patio.

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The large open kitchen has stone countertops and stainless steel appliances.

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Two good-sized bedrooms mean that one can be used as an office or creative space. Located in the heart of Sunset Junction, it puts you close to the best cafés, boutiques and night spots of Silver Lake, with the Reservoir also nearby.

Available for 9 months starting April 15, 2014.

Many more photos can be found here. For more info and a tour, contact Tracy Do Real Estate.

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

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1315 Calumet Avenue in Echo Park

List Price $799,000

3 bedrooms • 1.5 bathrooms • den • swimming pool

1,602 sq ft • 6,749 sq ft lot

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Exclusively from Tracy Do Real Estate comes an Angelino Heights beauty with vintage soul, modern updates and a shimmering backyard pool.

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The front porch of this Victorian home invites lounging while gazing at the Downtown skyline.

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In the spacious living room find high ceilings and period details including wood windows, stained glass, built-ins and a faux fireplace.

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Past the formal dining room is a fully renovated kitchen, modern for today but mindful of history.

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Three bedrooms provide versatility to accommodate your office and guests, while the den provides even more space for stretching out. Closets are generous, including a walk-in that could easily be described as a small room.

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From the rear of the home, exit through double French doors to a dining patio and pool area.

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This surprising, secluded-feeling urban oasis provides a place to relax or entertain groups of any size. Amazing to think that Echo Park Lake is only blocks away, with restaurants, shops, public transportation and Downtown LA within easy reach.

You’ll need to see all the photos to get a true feel for this very special home. Find them here.

To book a private tour, contact Tracy Do Real Estate.

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1315 Calumet Avenue 90026

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1315 Calumet Ave.
1315 Calumet Avenue
1315 Calumet Ave.
1315 Calumet Ave.
1315 Calumet Ave.

1315 Calumet Avenue 90026

Renovated Angelino Heights Victorian with Den, Pool and Downtown Views!
Offered at: $799,000

Status: Sold
Type: Single Family / Bedrooms: 3 / Baths: 1.5 / Den
Pool / Living Area: 1,602 Square Ft. / Lot Size: 6,749

An Angelino Heights beauty with vintage soul, modern updates and a shimmering backyard pool. The front porch of this Victorian home has a view of the Downtown skyline. The spacious living room has high ceilings and period details including wood windows, stained glass, built-ins and a faux fireplace. Past the formal dining room is a fully renovated kitchen. 3 bedrooms provide versatility to accommodate your office and guests, while the den provides space for stretching out. Closets are generous, including a walk-in that could be described as a small room. Exit through double French doors to a dining patio and pool area, a surprising, secluded-feeling urban oasis where you can relax or entertain groups of any size. The professionally landscaped yard has sitting areas, planter boxes and a long driveway for off-street parking. Numerous system upgrades include central heat and a/c. Echo Park Lake is only blocks away, with restaurants, shops, public transit and Downtown LA within easy reach.

This entry was posted in: Echo Park Homes for Sale, Sold Listings

Owning Your Home is 38% Cheaper than Renting

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Granted it’s just the average, but 38% is significant. Real estate website Trulia.com applied a specific set of metrics for their “Rent vs. Buy” study, which covers the entire country. Learn more by clicking here.

It’s hardly surprising that the LA area falls into the “20% to 40% cheaper to buy” category, given the high cost of paying rent these days. Our advice? Jump start your home search ahead of the expected rise interest rates. We’re here to help, with a proven ability to connect buyers to their ideal home.

Reach us anytime at Tracy Do Real Estate.

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

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Modern Time Capsule in Silver Lake

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This one’s not our listing but — wow. Cool house. Located on one of our favorite streets in Silver Lake, it has hit the market for the first time in 50 years.14-742027_2_5

LACurbed reports that the home was “designed by architect Al Martin in 1953. Sited on a 9,315-square-foot hillside lot, it has three bedrooms, three baths, an office, formal living and dining rooms, a workshop, a wraparound deck, and two-car garage.”14-742027_10_5

“The 2,463-square-foot modern’s features include cork floors, acoustic tile ceilings (which, it must be said, have not aged gracefully), walls of glass, two fireplaces, built-in furniture, and vintage appliances and light fixtures. It’s listed at $1.595 million.”14-742027_34_1

The amazing views off the rear deck feature the Silver Lake Reservoir and a whole lot more. To arrange a tour, contact us at Tracy Do Real Estate.

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

Listing Courtesy of Brian Ades, Sotheby’s International Realty.

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LAT: Massive Shortage of New Homes for Sale

NELAULogoSmallThe LA Times’ E. Scott Reckerd writes that “Southern California home building is stuck at historic lows, one of many factors conspiring against middle-class buyers in a recovery marked by high prices and low supply.” Is help on the way? Absolutely. In just a few short weeks, Tracy Do Real Estate will unveil the first available phase of NELA Union Modern Homes in Glassell Park. You can check out floor plans and sign up on our interest list. It’s the only way to get an invite to our Grand Opening — coming soon.

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

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A January Jump as Mortgage Rates Drop

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From the LA Times’ Andrew Khouri: “More California homes went under contract last month, as buyers showed signs of life heading into the spring season” Things had been flat since October, but a nearly 23% surge in sales from December to January indicates growing “confidence in a market that cooled after a torrid rebound early last year.”

 

So things look pretty healthy right now, especially for sellers. Local inventory remains low, and while we’re seeing less in terms of all-out bidding wars, the homes that receive proper pricing and marketing sell quickly (usually with multiple offers). Not the best environment for buyers, maybe, but they get some good news too given that interest rates just ticked down again. In fact, in a bit of a surprise, mortgage interest rates are currently hovering near 4%, a really good deal for borrowers.

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Is your home search stuck in neutral? Better get it moving — before those rates rise again as they’re predicted to. You might be relying on Zillow, Trulia or any number of web-based services to find your home. But those very handy tools can’t possibly compete with a locally knowledgable and massively connected team of realtors like us. For 2013 we ranked #1 at the John Aaroe Group in closed home sales. And our services for buyers won’t cost you a thing.*

Contact us anytime at Tracy Do Real Estate.

*Our compensation comes from the selling-side of the transaction, after the successful close of escrow.

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

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NELA Union in the Home Stretch

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We’ve grown accustomed to having good days at Tracy Do Real Estate, but some are even better than others. Today was special, as we toured the nearly-complete model homes at our great new listing in red-hot Glassell Park: NELA Union Modern Homes.

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Here’s the dining and kitchen area of our Floor Plan 1 model, a generously-proportioned 2 bedroom, 2.5 bathroom home of approximately 1200 square feet (not including the attached 2-car garage). Considered as NELA Union’s “entry level” home, it will cost in the range of high $400,000’s to low $500,000’s. Note the doorway in the center of the photo — it leads to a spacious 2nd level balcony that looks out on NELA Union’s community garden.

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Floor Plan 3 is a 3-bedroom, 3.5 bathroom home of approximately 1550 square feet. The design and staging of these models come courtesy of our great friends, Highland Park’s Matters of Space.

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Here’s the living, dining and kitchen area of a Floor Plan 4, NELA Union’s most spacious offering with 4 bedrooms, 3.5 bathrooms and approximately 2000 square feet. This gorgeous home will be priced in a range between the high $500,000’s and low $600,000’s.

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No matter which Floor Plan you choose, all NELA Union residences have dual-sink “floating” vanities in the Master Bath, among many other cool standard features. Learn more at www.nelaunion.com, and be sure to hit the contact button. Tell us who you are and get on the invite list to our Grand Opening, expected as soon as late March or early April.

If you have questions about NELA Union, or any other homes for sale on the Eastside, Northeast LA or Pasadena, we’d love to hear from you. Find us anytime at Tracy Do Real Estate.

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

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