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SOLD: 517 Clifton St in Lincoln Heights

You’re limited only by your imagination in this elevated eastside compound featuring 3 separate unique living spaces, ample storage, a large flat yard, and a detached 1-car garage.

Upstairs is a freshly remodeled open-concept living area featuring 1bd/1ba, all new kitchen cabinetry, new countertops, new appliances, central a/c, a decorative fireplace, a stackable washer/dryer, new windows & doors, new roof, updated electrical, and new floors.

Exit to access the completely separate downstairs living space allowing privacy for a home office, creative studio, mother-in-law apartment or airbnb. A detached building permitted as a rec room features an add’l 400+ sq ft with 2 rooms, ¼ bathroom, and a spacious tiled patio giving you to a front row seat for Dodgers fireworks. Over 1600 total sq ft of interior space plus a large flat yard along the rear of the property offering fruit trees and plenty of space for gardening, games, dinners, yoga, and anything else your little heart desires!

Asking $550,000, sold for $613,500

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Summer 2017 Market Update: Homes Between $500k – $600k

In this series we’re taking a look at homes sold at various price points around LA’s Eastside in the first half of 2017. Since homes in today’s market rarely sell at their asking price, we’ll be focusing instead on selling price. What will a budget between $500,000 – $600,000 get you in Eastside LA and what kind of process should you expect? Read below to find out.

1747 N New Hampshire Ave

1747 N New Hampshire Ave: Another one for the tiny house lovers! This 480 sq ft Los Feliz home on a 1,912 sq ft lot is super small any way you cut it but who cares because it’s basically the most adorable house ever and just happens to be in one of the best hoods in all of LA. Seriously I don’t know what this person did to steal this house away at this price (I see by their quick close they likely paid cash, that’s a start) but BRA-VO. Was asking $539,000 and sold for $592,000.

219 E. Avenue 32

219 E. Avenue 32: This 740 sq ft 1910 bungalow has been tastefully updated with refinished hardwood floors and a pinterest-worthy clawfoot tub. It’s small but picture perfect and – what’s that I see – not one but TWO bathrooms?! Stop the presses. This Lincoln Heights darling is on a private street a stones throw from the Metro gold line, Highland Park, and Mt. Washington with easy access downtown via the 110. Was asking $499,000 and sold for $595,000.

4035 Verdugo Rd

4035 Verdugo Rd: This 1940s Glassell Park traditional is tucked right on the edge of Highland Park, Eagle Rock, and Glendale meaning easy access to all the shopping, food, and nightlife your little heart desires. It’s on a busy street but it makes up for it with 1,108 sq ft of interior space, arched doorways, a fireplace, hardwood floors, large bedrooms, and a huge detached 2-car garage with a bathroom that would make a great bonus studio space or mother-in-law apartment. Was asking $599,000 and sold for $586,100.

5036 Lathrop St

5036 Lathrop St: This remodeled 1920s El Sereno home features fancy new modern finishes, fancy new bamboo floors and a fancy new roof sitting on a massive ultra-private enclosed 6,629 sq ft lot with a fancy new deck overlooking the Montecito Hillside. The downside? It’s only 680 sq ft. But with all that fanciness who cares about the size? Was asking $499,000 and sold for $570,000.

5927 Piedmont Ave

5927 Piedmont Ave: This historic 1910 Highland Park craftsman sold as a probate went to a cash buyer so I’m hoping to see it pop back up as a super cute flip in the next year. It was filthy and in dire need of updates and repairs but what a sparking diamond in the rough with all those built-ins and original wood finishes, not to mention the awesome proximity to the Metro gold line Highland Park station and all the great shops and restaurants on Fig. Was asking $429,000 and sold for $555,000.

4339 Latona Ave

4339 Latona Ave: This 1958 Montecito Heights home looks small at only 756 sq ft but it’s big on Mid-Century vibes. Exposed wood vaulted ceilings, knotty pine kitchen cabinets, a clawfoot tub, a huge backyard, and even a private professional recording studio in the converted garage give you unlimited possibilities. Close to Highland Park and Mt. Washington with easy access to the 110. Was asking $499,000 and sold for $591,000.

7256 N. Figueroa

7256 N. Figueroa: It’s good to know buyers wanting lots of square footage and a hip neighborhood still have options under $600k. Sure this 1,348 sq ft home sits on one of the busiest streets in Los Angeles and has a bus stop literally 24″ away from it, and sure the layout is a little funky with the triangular lot and long narrow living room. But this Eagle Rock location right on the edge of both Highland Park and Pasadena might make it worth it for the right buyer. Was asking $589,000 and sold for $570,000.

1504 Mohawk St

1504 Mohawk St: There’s really not much to this little 780 sq ft Echo Park bungalow on a 1,966 sq ft lot. It has distant views of the Hollywood sign but no garage. It’s been recently remodeled but looks dated and could use a refresh to make it pop. A home at this price point in this pocket is hard to find these days so for a buyer wanting to be in this Silver Lake/Echo Park location, this would be a good deal. Was asking $599,000 and sold for $581,000.

What to expect with a $500,000 – $600,000 budget: This can be a challenging price point but as you can see, finding something great is totally possible as long as you’re patient in your search, aggressive in your offer, and willing to sacrifice some square footage. Most homes in this range are still small, but you’ll find them in better pockets and with better finishes than the ones at the $500,000 and under level.

This is a competitive price point with multiple offers being the norm so it’s good practice to set your search about $100,000 under budget, leaving some wiggle room for a potential bidding war, closing costs, and any unexpected repairs you may encounter. Ready to start looking? Click below to see what’s on the market now and click here –> to contact me today!

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Cute Starter Homes: Under $600k

Buying your first home is a really big deal, but lets be honest, you probably won’t live there forever so you don’t need to think of it as a lifelong commitment. A starter home can be a great home for now – for the next 5 or so years – just something to get your feet wet with the great wide world of home-ownership, and ideally a really great investment that will grow.

Here are some under $600k which is currently a price-point that can get you something with a fair amount of space thats already been remodeled and is move-in ready.

2125 Vallejo St, Lincoln Heights – $598,000
4bd/3ba, 3,500sf, complete with a little white fence, a big green yard, and views of downtown!

Listing provided courtesy of Myrna Castro, Keller Williams Realty

4951 Hartwick St, Eagle Rock, $543,000
2bd/1ba and 884 sqft

Listing provided courtesy of Tracy King, Teles Properties

915 Palm View Dr, Highland Park – $529,000
2bd/1ba, 700sf. This house may be a little small on square footage, but it’s big on character, location, sunlight, and outdoor space.

Listing provided courtesy of Matt Manner, Extraordinary Real Estate, Inc

5118 Raphael St, Highland Park – $599,000
4bd/2ba, 1448sf. Perched high on a hill in Highland Park, some houses have his and hers sinks – this house features his and hers garages

Listing provided courtesy of Robert Carey, Partners Trust Beverly Hills

There are so many cute homes available right now, I could go on for pages and there are new houses in this price range popping up every day – contact me if you’d like to find out more about any of these or any upcoming properties!