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Saturday, November 22, 2014

Eastside Property: What buyer won’t be scared off by this Angeleno Heights fixer?

Photo by Redfin

Some may challenge the sales listing describing this nearly century-old Angeleno Heights duplex as being built in the Craftsman style. But  the Redfin real estate listing is certainly dead on when it calls the building a “fixer.”   The nearly 2,000-square foot duplex at 917 East Edgeware Road has an imposing presence as it looms above the street with two-story high columns.  But the wood-sided exterior obviously needs some help and perhaps more remodeling and renovations are needed inside.  The property needs “new paint” and a “savvy investor,” said the Redfin listing. The duplex-each unit has two bedrooms-went on the market this week at $459,000.

In contrast, in 1941, the same property could have been yours for $50 down and $40 a-month, according to an L.A. Times classified.



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9 comments

  1. Looks like it would take at least another $200,000 just to make it presentably habitable. What a shame it was allowed to go this long in such bad condition.

  2. Glad to hear this place may finally get some help.

  3. It looks really nice on the inside (except the kitchen) – nice floors and mouldings. The google street view shows it being termite-tented last February.

  4. Surprising inside! I walked by this a million times and always assumed it was a disaster inside. Good burglar proofing to let your house get this bad looking.

  5. If the last sale was $1.2M, why are the property taxes based on $44K?

  6. The price was based on buying more than one property at the time… 1 sale, more than 1 property.

  7. RIP Louie. Sweet and kind of amazing old man.

  8. Aspiring Renovator

    Its likely Murray Burns will snap this one up. He’s responsible for many, many of the renovations to the Victorian homes in A Hts over the past few decades. It will look lovely after its fixed up.

    Has to be a cash sale, no bank would touch that! And good luck with the HPOZ for anyone out there thinking about making an offer. Good renovation for someone with experience and alot of cash on hand.

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