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Summer 2017 Market Update: Homes Between $600k – $700k

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 $600,000 – $700,000 get you in Eastside LA and what kind of process should you expect? Read below to find out.

708 N. Adams St

708 N. Adams St: This Spanish home in the Woodbury pocket of Glendale is about 100 feet from the highway and has 2 different apartment buildings staring down at it but if you can get past that it’s oozing with original Spanish character featuring a fireplace, leaded glass, hardwood floors, arched doorways, updated kitchen & bath, plus access to Glendale’s top-rated schools. Was asking $649,000 and sold for $669,000.

768 Museum Dr

768 Museum Dr: Attention tiny home fans! What this little 1bd 683 sq ft bungalow lacks in square footage, it makes up for in character, updates, and serene outdoor space. Sitting on a woodsy lot on the edge of Moon Canyon in Mt Washington, you’ll probably spend much of your time hanging out on the almost 400 sq ft of decking or gardening in your shaded yard. This sits in one of the most coveted school districts in LA, but would be a tight fit for kids. Was asking $525,000 and sold for $665,000.

4906 Granada St

4906 Granada StThis 2bd 926 sq ft Spanish bungalow on a corner lot in Highland Park has been updated with refinished floors, new appliances, marble countertops, new decking, and 2 bathrooms. Was asking $649,000 and sold for $670,000.

564 Meridian Terrace

564 Meridian TerraceThis 824 sq ft Highland Park Bungalow has been updated with modern finishes but also retains it’s original hardwood floors, built-ins, and vintage vibe. The xeriscaped backyard is crowned by a garage that’s been converted to a work studio with water, power, and casement windows. Was asking $659,000 and sold for $690,000.

3625 Edenhurst Ave

3625 Edenhurst Ave: This Atwater Village home comes tenant occupied and in need of updates and repairs but it’s walkable to dozens of great shops and restaurants and in addition to the 1,369 sq ft main house this one has an entire secondary structure behind it – just imagine the short-term rental income potential! Was asking $679,000 and sold for $655,000.

5970 Graciosa Dr

5970 Graciosa Dr: Yes you can still get a home in the Hollywood Hills under 1 million! It’s on a teeny-tiny steeply sloped lot and needs work but this 794 sq ft cottage comes with hardwoods, a bonus loft space, vaulted ceilings, and peek-a-boo views. Was asking $699,999 and closed for $685,000.

329 Vista Pl

329 Vista Pl: This 1,325 sq ft craftsman faces a lesser-known mostly unused walk-street and is accessible from the alley behind the home, which is technically Fisher St. That puts most guests entering the home through the back door and kitchen. If you can get past the backwards orientation it’s a great home in a historic pocket on a private lot with a ton of potential. Was asking $575,000 and sold for $605,000.

Birch St

2622 Birch St: This Alhambra Spanish character home could use a scrubdown and some serious updates but it’s got a massive 8,000 sq ft flat backyard with a pool, Batchelder tile, built-ins, and I would be willing to bet there are some hardwood floors under that old carpet. Plus it’s in a super family-friendly area with a great school district. Was listed for $510,000 and closed for $670,000.

What to expect with a $600,000 – $700,000 budget: This price point will give you plenty of options, depending on whether size, finishes, or location is most important to you. You can find a small updated home in a hot area or a larger home that needs some work in a more off-the-radar area.

Like the ones under it, this too 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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SOLD: 542 N Marengo Ave #2 in Pasadena

Congrats to my clients closing today on their amazing new townhouse walkable to everything in Old Town Pasadena!

This updated gem got almost 30 offers and it’s easy to see why with it’s bright and open floorplan, private outdoor space and additional garden, massive 2 car garage, and accessibility to the complex pool. Tucked down winding paths of mature trees and verdant gardens, you would never know all the excitement of downtown Pasadena is just a stone’s throw away.

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So Many New Homes, So Little Time!

I recently had a little whine-fest about the lack of inventory right now in Los Angeles but I would like to officially take it all back because there are so many homes I’m crushing on this week I don’t even know what to do with myself. Oh where to begin . . .

1209 South 9th St, Alhambra

This home is located in Alhambra, which while plenty cute and relatively central to Pasadena and downtown, is and area pretty off the radar for a lot of buyers right now. You could put this home anywhere and I would live there. All those massive trees, that original Spanish charm left perfectly intact, those arched doorways, those tiles (especially the ones hugging that stove), THAT POOL, and even that pool house. Sign me up! Actually for $749,000 you can sign yourself up. 3bd, 1.5ba, and 1,770 glorious sq ft. Call me if you’d like to see it before it’s gone.

Listing & photos courtesy of Robin Stever, Coldwell Banker

1900 Boca Ave, El Sereno

Someone took this precious little El Sereno Craftsman and pumped it full of steroids with a massive architect-designed modern master suite addition overlooking downtown Los Angeles. This isn’t something I’m usually a fan of but in this case (and at this $525,000 price point!) it worked. 2bd, 1.75ba, 1,492 sq ft of steel, sunshine and happiness. Call me and let’s go see it in person!

Listing and photos provided courtesy of Sylva Khayalian.

1836 North Avenue 52, Highland Park

I love this home for a lot of obvious reasons – it’s in Highland Park and super accessible to shops/restaurants, etc. It’s got a lot of light and charm combined with some nice updates. It’s got kind of small bedrooms but makes up for it with not 1 but 2 big living spaces. But more than anything, this home has a park for a backyard. Not a public park mind you, just your very own epic 10,000 square foot private backyard. What would you do with all that space? Collect rescue puppies? Build 14 pools? Invite everyone you’ve ever met in your entire life over for a BBQ? Choose your own adventure, my friend! 2bd, 1.75ba, 1,110 sq ft, asking $625,000.

Listing and photos provided courtesy of Deirdre Salomone, Keller Williams Realty Los Feliz

262 South Berkeley Ave, Pasadena

This home doesn’t have one thing I love about it, it has a million. It’s just a really well rounded light bright breezy California home with everything you’d ever want. The living room has barrel ceilings, 2 bedrooms on the main floor are equally sized and sunny, the bathroom has some great deco tilework and a window perfectly framed by palms, and best of all the entire second floor has been turned into an impressive master suite with 2 large closet areas, it’s own bathroom, it’s own office, and of course French doors leading out to a huge deck spanning the length of the home with impressive views of the San Gabriel Mountains. And don’t even get me started on how lovely this pocket of Pasadena is with it’s tree-lined streets and character homes. 3bd, 2ba, 1,760 sq ft asking $938,888 – call me to see it in person.

Listing and photos provided courtesy of Patrick Crane, L.A. Property Solutions, Inc.

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5 Single Family Homes for the Price of a Condo

2374 Landa St in Echo Park – 1bd/1ba, $449,000

This cozy hillside cottage located on an Elysian Heights stair street doesn’t have much square footage but more than makes up for it with it’s modern open floorplan, secluded treetop views and covetable deck space, providing more privacy and outdoor living than a condo ever could.

5349 Ithica Ave in El Sereno – 2bd/2ba, $449,000

Why share a pool with residents of a building when you could have your very own pool (plus 1,000 square feet of updated living space) for the same price?!

(Listing provided courtesy of Fausto Martinez, Re/Max)

3415 Cazador St in Glassell Park – 2bd/1ba, $388,000

Ok, so the finishes on this 732 square foot home could use a little updating. But take into account the views and central location near Eagle Rock, Mt Washington, Highland Park, Glendale and the LA river and maybe you could justify some weekend warrior home improvement projects.

(Listing provided courtesy of Dan Mancinelli, Berkshire Hathaway HomeServices California)

267 East Montana St in Pasadena – 2bd/1ba, $399,000

What this 668 square foot craftsman is lacking in interior space it makes up for in updated finishes (plus updated electrical, plumbing, and roof) and an epic lot size of nearly 7,000 square feet meaning maybe you could consider an addition or a pool someday. Lots of wiggle room to expand on this one.

(Listing provided courtesy of Matthew Salib, Re/Max Masters Realty)

3661 Gillig Ave in Montecito Heights, 2bd/1ba, $449,900

This 792 square foot bungalow has been thoughtfully redesigned from head to toe with big vaulted ceilings and a lofty open floor plan, new appliances, a reclaimed wood breakfast bar, butcher block counter tops and more. But with fruit trees, canyon views, and a detached artist studio on a lot size of 7,490 I can’t imagine you’ll be spending much time indoors.

(Listing & info provided courtesy of Laura Epstein, Silverwood Properties)

Contact me today to view any of these homes in person or find out about other upcoming listings like these.