Sep 23rd, 2012
Two great homes in Silver Lake and Los Feliz. It has been a long, hot, dry summer with little to see on broker’s caravan and little to show my clients. Each house is completely different and I love them both.
4421 Finley Ave. Los Angeles, 90027
list price: $799,000 bedrooms – 3 baths – 2 sq.ft. – 1492
Built in 1910, this special Los Feliz California bungalow blends old world charm and modern touches. It was re-done by the talented Design Vidal team. Public records show the home to be 1492 sq ft, but I think it is definitely larger. So close to all the cool restaurants and shops on Hillhurst Ave. It is in the Franklin Elementary School.
The new chef’s kitchen opens up to the living room and dining room creating a warm open space.
There are three bedrooms upstairs, an enclosed sleeping porch, and large new bathroom, with a soaking tub and separate shower.
Great big newly landscaped backyard!
Sep 14th, 2012
The real estate market in Silver Lake changed as of January 1st 2012. We went from a buyers market to a sellers market almost over night. The inventory is shrinking with only 36 homes for sale on the Multiple Listing Service in all of Silver Lake and Echo Park. I have never seen inventory this low. The interest rates have been amazingly low, the prices of homes have come down and rents have gone up. It now makes sense for buyers who have been sitting on the sideline to jump into the market and purchase a home. The problem is there are so few homes for sale and multiple offers on most. Many of my would be sellers do not have enough equity in their home for a down payment on a more expensive home after paying Realtor fees and any repairs.
Here is an example of what happened to my buyers this past January. In late December 2011 my buyers wrote a purchase contract on a house in Silver Lake, which has been on the market since March 2011 and never had an offer. My buyers and the...
Jun 7th, 2012
This house is as pretty as the pictures, a Silver Lake oasis in the middle of the city. Hidden behind a gate with lush greenery it is very private, serene, and impeccable. With so little inventory on the market this charmer will sell quickly.
1838 Westerly Terrace, Los Angeles, 90026
A new Silver Lake listing with 916 sq. ft. has 2 bedrooms and 1 bath. There is another 391 sq. ft. of non-permitted space under the house which has been converted into a guest bedroom, .75 bath, small office, and storage. The asking price is $819,000.
It is easy to miss this gem from the street. This light filled home is tucked away behind a gate and lots of greenery.
The house has dark stained floors throughout with french doors in the living room with steps leading down to the pool, spa, guest bedroom, bath, office, and storage.
Charming galley kitchen with marble counter tops, antique stove, and eating nook. I can see myself sipping my morning coffee as I am catching up on my emails. There is direct...