No Comments

Fall 2017 Market Update: Homes Between $800k – $900k

In this series we’re taking a look at homes sold at various price points in the second half of 2017. Inventory remains low and bidding wars the norm so we’ll be focusing on selling price rather than asking price. What will a budget between $800,000 and $900,000 buy you on LA’s Eastside (and beyond)? Read below to find out:

4559 East Rose Hill Dr
2bd, 2ba, 1,018 sq ft with a lower-level guest suite + an unpermitted detached guest house in El Sereno
Asking $599,000 – Sold for $800,000

Built in 1950, this home is a little bit 1920 a little bit 1980 and a whole lotta bidding war. This is a great example of what today’s buyers are looking for – it’s got land, privacy, views, character, and a detached guest house.
What’s the catch? Most buyers right now don’t care whether additional space (or even an entire secondary structure) is permitted or not but for the sake of appraisal a buyer would need to have more cash reserves to put down to cover the difference in the loan amount should it appraise low. El Sereno is also still a little off the beaten path as far as location is concerned, but it’s clearly picking up speed quickly.

1102 Neola St
2bd/2ba, 1,089 sq ft on a 3,071 sq ft lot in Eagle Rock.
Asking $749,000 – Sold for $805,000

This Eagle Rock bungalow was completely remodeled by ModOp design, featuring new oak flooring, a private grassy yard, an impressive master suite, and a detached garage which could be used as an office. This is a great pocket of Eagle Rock with easy access to shopping and restaurants in Highland Park and Pasadena as well.
What’s the catch? Not much square footage on a relatively small lot.

859 East Howard St
2bd/2ba, 1,656 sq ft on a 10,539 sq ft lot in Pasadena
Asking $798,000 – Sold for $825,000

This 1912 Pasadena craftsman features hardwood floors, built-ins, a clawfoot tub, stained glass windows, and all that gorgeous interior woodwork craftsman homes are known for, not to mention it’s on a massive flat private 10,539 sq ft lot.
What’s the catch? It’s only got 2 bedrooms and the Pasadena location may not be ideal for someone needing to be more central

2233 South Budlong Ave
4bd/2ba, 2,090 sq ft on a 6,754 sq ft lot in Adams-Normandie
Asking $899,000 – Sold for $825,000

 

Adams-Normandie is a tiny pocket just South of the 10 between Jefferson and University Park. This strip just south of the 10 running through a few different neighborhoods has streets lined with mature trees and massive Victorian and Craftsman-era homes. Centrally located with no shortage of fixers, this area is primed to become super hot in the coming years. This 1903 home sits on a private lot and features all the great character-details you’d expect from a home of this age.
What’s the catch? This area is still up and coming + someone has unfortunately paved over the entire backyard.

2131 Navarro Ave
4bd, 2.5ba, 2,255 sq ft on .34 acres in Altadena
Asking $849,000 – Sold for $825,000

This property with two vintage character homes on a lot (a Spanish and a classic Cape Cod) features hardwoods, built-ins, a Batchelder fireplace, arched doorways, coved ceilings, French doors, and so much more. These two homes are separated with private gated yards on a quiet street lined with tall pines. What a wonderful opportunity to live in 1 and get rental income from the other!
What’s the catch? Though only 10 minutes further north from Eagle Rock, Altadena is too far removed for some people who need to be more centrally located.

3834 Roxton Ave
3bd, 2ba, 1,525 sq ft on a 5,393 sq ft lot in Leimert Park
Asking $725,000 – Sold for $825,000

It’s no secret Leimert Park is one of my favorite neighborhoods in all of Los Angeles. It’s brimming with well-kept Spanish character homes, close to shopping and transport (not to mention it’s own new Metro station in 2019), and it feels like it’s 15 minutes from everywhere – the beach, downtown, or the Westside. This is a neighborhood with culture and history, with residents who have pride of ownership and work to retain the area’s very special and unique vibe. This particular home on Roxton is a well-rounded representation of the type of homes you can find in Leimert, plus it’s got an awesome work studio garage conversion.
What’s the catch? Leimert used to be a great place to find a hidden gem but the secret is out, expect bidding wars on par with anything on the Eastside.

3419 Ferncroft Rd
2bd, 1ba, 996 sq ft on a 3,635 sq ft lot in Atwater Village
Asking $729,000 – Sold for $832,000

The real estate market in Atwater Village market is obviously as hot as ever. This home is cute, bright, and nicely finished but the major selling point here is it’s easy access to all the hot shops and restaurants in Atwater Village. It’s also a stones throw from Silver Lake and Los Feliz + adjacent to the LA River.
What’s the catch? For a remodeled home in a super walkable location you’ll have to sacrifice some square footage.

5671 Hub St
3bd, 2ba, 1,416 sq ft on a 5,604 sq ft lot in Highland Park
Asking $729,000 – Sold for $845,725

This 1907 craftsman is located within Highland Park’s historic preservation overlay zone. Picture-perfect with it’s little white picket fence and right in the center of the action between York and Figueroa, is it any wonder this one got into an epic bidding war and closed for more than $100,000 over ask?
What’s the catch? Not much of one with this location but the home does need some cosmetic updates, one bathroom isn’t permitted, and much of the backyard has been paved over.

What to expect with an $800,000 – $900,000 budget: This price point is one of the most flexible in Los Angeles right now – you can have a smaller (under 1,000 sq ft) but nicely updated home in a hot area, go for a much larger (over 2,000 sq ft) home in an up-and-coming area, or compromise a little on square footage and location and meet somewhere in the middle.
Though this price point has plenty of options, it also has plenty of competition. It’s not unusual for homes to go $100,000 or more over their asking price. Depending on the level of finishes and what neighborhood you’d like to be in, it’s safe to shop about $100,000 – $200,000 under budget to give yourself wiggle room for bidding wars ,closing costs, and unexpected repairs. 

No Comments

Altadena Homes For Sale

Search the most up-to-date Altadena homes and condos for sale with local info on accessibility, schools, shopping, restaurants, and more. Results updated in real time directly from the MLS.

To view multi-unit properties and duplexes for sale in Altadena please click here.

58 Results
3
Beds
1 | 2
Baths
1,960
SqFt
(25)
 
 
#817002374 | Single Family Home
 
4
Beds
1 | 2
Baths
N/A
SqFt
(9)
 
 
#817002364 | Single Family Home
 
2
Beds
1 | 1
Baths
1,696
SqFt
(77)
 
 
#317006926 | Single Family Home
 
2
Beds
1
Baths
720
SqFt
(9)
Open House: Oct 21, 2017 12:00 PM - 4:00 PM
 
#RS17236575 | Single Family Home
 
3
Beds
1 | 1
Baths
1,903
SqFt
(34)
Open House: Oct 19, 2017 5:30 PM - 7:30 PM
 
#817002329 | Single Family Home
 
4
Beds
3
Baths
2,386
SqFt
(34)
Open House: Oct 19, 2017 10:00 AM - 2:00 PM
 
#AR17235680 | Single Family Home
 
3
Beds
2
Baths
1,258
SqFt
(13)
 
 
#SR17234990 | Single Family Home
 
4
Beds
2
Baths
1,399
SqFt
(15)
 
 
#817002301 | Single Family Home
 
4
Beds
4 | 1
Baths
3,678
SqFt
 
 
 
#817002296 | Single Family Home
 
4
Beds
2 | 1
Baths
1,616
SqFt
(26)
Open House: Oct 19, 2017 11:00 AM - 2:00 PM
 
#17276454 | Single Family Home
 
4
Beds
2
Baths
2,085
SqFt
(10)
 
 
#WS17233884 | Single Family Home
 
4
Beds
3
Baths
3,008
SqFt
(26)
 
 
#AR17233657 | Single Family Home
 
2
Beds
1
Baths
1,045
SqFt
(17)
Open House: Oct 19, 2017 10:00 AM - 2:00 PM
 
#317006844 | Single Family Home
 
4
Beds
3
Baths
2,095
SqFt
(37)
 
 
#SR17233337 | Single Family Home
 
4
Beds
4
Baths
3,542
SqFt
(34)
 
 
#817002262 | Single Family Home
 
2
Beds
1
Baths
1,172
SqFt
(21)
 
 
#AR17232745 | Single Family Home
 
3
Beds
1 | 1
Baths
1,084
SqFt
(38)
 
 
#817002215 | Single Family Home
 
3
Beds
2
Baths
1,413
SqFt
(35)
 
 
#817002214 | Single Family Home
 
3
Beds
2
Baths
2,211
SqFt
(24)
Open House: Oct 22, 2017 2:00 PM - 5:00 PM
 
#817002207 | Single Family Home
 
3
Beds
2
Baths
1,698
SqFt
(12)
 
 
#817002200 | Single Family Home
 
2
Beds
1
Baths
862
SqFt
(16)
 
 
#817002197 | Single Family Home
 
4
Beds
4 | 1
Baths
4,542
SqFt
(48)
 
 
#PF17223576 | Single Family Home
 
3
Beds
1 | 1
Baths
1,526
SqFt
(25)
 
 
#817002140 | Single Family Home
 
4
Beds
3 | 1
Baths
2,943
SqFt
(24)
 
 
#17275802 | Single Family Home
 
4
Beds
3
Baths
2,087
SqFt
(57)
 
 
#817002111 | Single Family Home
 
3
Beds
2
Baths
1,508
SqFt
(18)
 
 
#17275668 | Single Family Home
 
©2017 CARETS. All rights reserved. Based on information from CARETS as of October 17, 2017 1:43 PM PT The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
©2017 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 17, 2017 1:43 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
No Comments

SOLD: 36 La Venezia Ct in Altadena

Wow this was a hot one! With over 300 people through the open houses, my clients got 14 offers in the first week for their lovely little Spanish bungalow in Altadena.

They chose a buyer who knows and loves the neighborhood, appreciates the vintage charm this home has to offer, and is excited to be able to walk to work. Extra thanks to our title rep John Chadbourne at Equity Title and our escrow officer Sue Opalk at American Trust for pulling out all the stops to get this transaction closed early so my clients could close on their new home in Nashville.

Congrats to everyone involved but especially my sellers for making this home magical and passing it on to someone who loves it as much as they did.

No Comments

Home Sweet Altadena

Thought you were priced out of the market for a character home? Think again.

For Sale: 36 La Venezia Ct, Altadena

Tucked into a quaint Altadena street, this lovingly maintained 2bd/1ba Spanish Bungalow is the perfect starter home. Featuring original hardwood floors, Spanish tiles, arched doorways, coved ceilings, a decorative fireplace, dual-pane windows, two bonus creative/office spaces, skylights, a detached garage, xeriscaped patio, and brand new exterior paint, this casita is just waiting for your personal touches. Meet up for brunch at Lincoln, sip on something sweet at Cafe De Leche, then hit the Altadena Farmers Market for some locally sourced delights to serve at your dinner party under the stars tonight. The Good Life is especially sweet here in Altadena!

Asking $450,000 and this one will go fast – contact me to see it in person today or come to one of my open houses Tuesday & Thursday May 10 & 12 from 11am-2pm as well as Saturday & Sunday May 14 & 15 1pm – 4pm.