Real Estate News

Cool Small Lot Homes in Echo Park

Sounds like this isn’t quite a “go” yet, but I sure hope it happens. Curbed LA reports that these 18 Barbara Bestor-designed units, ranging in size from 1,300 to 1,650 sq. ft., would be built on a one-acre site on an Echo Park hilltop. The development is called “Blackbirds,” and represents the kind of urban planning that I very much support. Density is good, especially when done the right way, i.e. it’s appropriate to the surroundings, helps people “use less,” and gets them closer to where they work.

The bonus is, anything designed by Barbara Bestor is going to look awesome.

Can’t yet say what these will cost when (and assuming that) they’re completed. But my best guess is that Blackbirds is going to fly — and sell quickly. Stay tuned.

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Article and Photos Courtesy of Curbed LA and Bestor Architecture

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Spectacular Craftsman Estate in Los Feliz

List Price $11,995,000

7BDs/7BAs in 13,250 sq. ft./lot size 78,013 sq. ft.

Wow. And by that I mean, wow. “Artemesia” is the largest Craftsman residence in the United States, a 100-plus year old meticulously restored jewel situated on nearly two acres in the desirable Oaks neighborhood. What can one say about a place like this? Where to begin?
Well for starters there are these gates, giving the sense of privacy and seclusion that you’d expect in such a grand home. Amazingly, the property is situated quite close to the happening spots of Hollywood and Los Feliz.
A 25-year long restoration project has covered every detail, and there are electrical and systems updates throughout.

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If This Doesn’t Get You Off the Fence…

It should! This article in the NY Times points to specific upward trends in real estate. One doesn’t want to get overexcited about this stuff, numbers will fluctuate after all. But I continue to see extremely low inventory locally, and competition for homes has been fierce. Certain price points are attracting literally scores of buyers, in fact my last several listings received multiple offers and sold quickly for over the asking price — sometimes way over.

What does this mean? I’m advising all my sellers who have been waiting for prices to rise to go for it. Buyers are out looking, and the right house at the right price is likely to sell.

For buyers, my opinion is it’s time to step up your search. Interest rates are historically low right now. The way things are trending, we will likely see increased prices — and competition — in the near term.

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Spanish Colonial Revival in Eagle Rock

1673 Hill Drive
List Price $649,000

3BR/2BA in 1,521 sq. ft. / 7,187 sq. ft. lot

 

Here’s my new listing in Eagle Rock, a gorgeous Spanish with period details in a prime North of Colorado Blvd. location. For more pictures and info, head over to my website — or better yet — come see it in person. I’m hosting an open house this coming Sunday, 7/8 from 2-5 PM. Stop by and say hi, I’ll be happy to show you around.

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1673 Hill Drive 90041

1673 Hill Drive 90041

Spanish Colonial Revival with Period Details!
Offered at: $649,000

Status: Sold
Type: Single Family Home / Bedrooms: 3 / Baths: 2
Living Area: 1,521 Square Ft. / Lot Size: 7,187 Square Ft.

Built in 1922, this gracious Spanish Colonial Revival home is sure to please even the most discriminating palate. The house is on a large corner lot set back from a wide, undulating, picture perfect street in a prime North of Colorado Blvd. location. This single story home features 3 bedrooms, 2 bathrooms, a 2 car garage, a private backyard that’s walled and gated with mature landscaping and a bountiful vegetable garden. Period details include a tile roof, barreled ceilings, archways, wood beams, decorative iron trim and wood windows that blend seamlessly with a large updated kitchen. Numerous French doors allow for natural light to stream in, as well as great indoor/outdoor flow. Main system improvements include updated central heat and air conditioning, copper plumbing and electrical. It’s near Trader Joe’s, Casa Bianca and Lemongrass — just to name a few!

 

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A Night of Art / Design in Chinatown

This will be a fun and free event, tomorrow night (6/30) starting at 6PM. It’s part of the LA Design Festival, and if you haven’t been to Chinatown lately you should check it out. Galleries, design shops, creative work and performances spaces, all around an open plaza with glowing lanterns and a warm, welcoming vibe. For a low-key dinner, try Via Cafe (same owners as Blossom in Silverlake). Here’s info on the event, hope see you there.

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Updated Mid-Century in the San Rafael Hills

List Price $1,299,900

4BDs/4BAs in 2,998 sq. ft./lot size 26,842 sq. ft.

I previewed homes in Pasadena’s San Rafael Hills today. Love this neighborhood, it feels above it all but is really so central to everything. A great bridge between LA and Pas.

A wall of glass, amazing. Did you know that there are lakes in the San Rafael Hills? We’re not talking water skiing, but from this house on Romney Dr. there’s a clear view of beautiful Johnston Lake.

Also has a pretty cool chef’s kitchen…

(more…)

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1428 Mt. Pleasant St 90042

1428 Mt. Pleasant St 90042

Romantic and Spacious 1922 Highland Park Bungalow!
Offered at: $379,000

Status: Sold
Type: Single Family Home / Bedrooms: 3 / Baths: 2
Living Area: 1,417 Square Ft. / Lot Size: 6,005 Square Ft.

This is the house you’ve been dreaming about, prime North of York Blvd. location near all of your favorite hangouts like Highland Café, The York, Cafe de Leche and Ba. One block from Eagle Rock, with over 1400 square feet of living space, three bedrooms, two bathrooms, a useable basement, two separate detached bonus spaces, mature landscaping and a large flat yard. 1428 Mt. Pleasant Street represents a wonderful blend of period charm with some modern updates. The oversized, remodeled kitchen has ample counter tops and cabinetry for entertaining, cooking and storing. All rooms are well proportioned, have high ceilings, abundant natural light and there’s even a walk-in closet. The charming and romantic 1922 period details include wood siding, wainscoting, crown molding and wood windows. Come home to this amazing property!

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