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SOLD: 2432 Arthur St in Glassell Park

2432 Arthur St Glassell Park

Congrats to my first-time buyer who scored this sweet 2bd/1ba Spanish fixer at 2432 Arthur St in Glassell Park for $600,000! This home has so much potential with its original hardwood floors, large windows, built-ins, and barrell ceilings – it’s no wonder it received 6 offers within its first 3 days on the market.

The location is prime – she’ll have hillside sunset views from the master bedroom and backyard plus she’ll be a short jaunt over to Division 3, Habitat, Lemon Poppy Kitchen, Verdugo Bar, and the Glassell Park pool. Best of all, it has the most coveted feature of 2017; a bonus basement conversion into a 1bd/1ba apartment that can either be used with it’s own private entrance (ideal for short-term rental income) or incorporated into the rest of the home via a staircase from the living room, almost doubling the 900 sq ft assessed square footage.

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SOLD: 1406 E. Mountain St in Glendale

Congratulations to Glendale’s newest homeowners Nate, Perrine, Julia, Elsa, and Charlotte!

Nate & Perrine’s Wishlist:

  • Glendale. Specifically Rossmoyne. Specifically the Rossmoyne Historic District and more specifically something walkable to Nibley Park.
  • A character home: Ideally a Spanish-style home, but definitely something with hardwood floors and character accents like wood moulding and coved ceilings.
  • 3 bedrooms: 2 bedrooms and a bonus room were a consideration, but with twins having 3 or more bedrooms would be ideal
  • Something needing a little work is ok. No major fixers but a home needing some kitchen/bath updates or some “weekend project” level updates is ok

Our first hurdle was timing; we started looking in the fall when inventory in Glendale was pretty low followed by the notoriously quiet holidays. Glendale has great schools and subsequently plenty of families with kids who aren’t looking to make any big moves after the school year begins. Thankfully Nate & Perrine were understanding and patient from the start, knowing that this search might take a minute and willing to wait if needed.

Finding a character home in Glendale is no problem. Especially Rossmoyne, which is almost exclusively gorgeous old Spanish style homes. The problem wasn’t finding a character home – it was finding one that was for sale then finding one for sale under 1 million. Families (rightfully) hold on to these homes for many generations, so as you can imagine when one hits the market it’s usually snatched up for a high price at lightning speed, often to a cash buyer with few to no contingencies.

This one was a challenge and I couldn’t be more grateful for Nate & Perrine’s patience and understanding as we consistently found ourselves outbid by cash buyers. They were putting in generous offers on homes that were technically too small for them but they were so desperate to get into something they wanted to give it a shot – and even then getting outbid by cash buyers.

The day 1406 E. Mountain St came on the market we all saw the listing and frantically texted eachother at the same time. I think this could be the one! It was perfect – it’s big with lots of character, it needed work but not too much work, and it’s walkable to Nibley Park. I went to every open house to make sure the listing agent knew us and would recognize Nate & Perrine’s names when they came attached to the offer. I texted him obsessively checking in daily (sorry about that Albert!). They wrote a love letter to the seller, offered significantly over asking, and were outbid by a cash buyer. Again.

But this story has a happy ending, because as you can see in the photo above there they are standing in front of their beautiful Rossmoyne Historic District home! Their offer didn’t initially get accepted but it did get them into backup position #1. I’ve said it before and I’ll say it again – 1/3 of homes fell out of escrow in the past year in Los Angeles. BACKUP POSITION IS AN AWESOME PLACE TO BE.  Turns out the original cash buyer never sent their deposit and the escrow rolled over to Nate & Perrine just a few days later. That was the best phone call I’ve made this year – I love a happy ending. Congrats again Nate, Perrine, Julia, Elsa, and Charlotte!

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SOLD: 1501 N Mercury Dr, Highland Park

Big congrats to my awesome clients on their very first home! These Rental Girl renters turned TRG buyers fell in love with a beautiful modern home built in 2014 in a great pocket of Highland Park and knew immediately it was “the one”. Now they’ll be close to the action on Figueroa and York as well as everything in Eagle Rock and Pasadena. Can’t wait to see what they do with all this wonderful space!