Two recent real estate sales along the border of Echo Park and Silver Lake near Sunset Boulevard show that old bungalows are still in demand but some price cuts are in order. On the south side of Sunset Boulevard in Silver Lake, a two-bedroom, 121-year-old bungalow at 805 Coronado Terrace fetched $695,000 late last month after its price was cut from the original $720,000 (The Eastsider uses Waterloo Street in this area as the approximate border between the two neighborhoods). That sales price – at $626 a-square-foot – for a home south of Sunset Boulevard drew some skeptical comments on Curbed L.A . Meanwhile, north of Sunset at 2200 Reservoir Street in Echo Park an 89-year-old bungalow bungalow that had been “de-stuccoed” sold this week for $739,000. The sales price – reduced $10,000 from the original listing price – also included a separate, 400-square-foot studio apartment in the back. So, who got the better deal?
January 11, 2018
January 2, 2018