ECHO PARK –– Mayor Eric Garcetti and family apparently have no plans to return to Echo Park. The Wall Street Journal reports that Garcetti and wife Amy Wakeland have put their approximately 1,900-square-foot home on Avon Street on the market for $1.65 million. That’s $1.3 million more than what Garcetti paid for the three-bedroom, Mid Century home in 2000.
The home, which was featured in Dwell magazine, was expanded and remodeled during the couple’s tenure. In addition, they also landscaped and terraced the nearly half-acre property in the Elysian Heights section of Echo Park.
Garcetti and family now reside in the mayor’s mansion in the Hancock Park area. Wakeland, in an email to the Wall Street Journal, said the couple is selling the Elysian Heights house “because we have come to realize that we are unlikely to move back there over the next several years due to our family’s current professional obligations and where our daughter currently attends school.”
This is not the first time Garcetti and Wakeland have capitalized on rising Eastside home values. In 2014, they sold a Silver Lake home for $1. 9 million after purchasing the property three years earlier for $1.425 million.