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    March was a million dollar month for Silver Lake real estate

    The sale of million dollar homes in Silver Lake is not uncommon. In fact, more than 20 homes fetched a million dollars or more in 2011 even as the real estate market struggled to emerge from a years long slump.  But the Silver Lake million-dollar home market seems to have gotten off to a strong [...]

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    Here’s why so many real estate investors are flipping over Highland Park

    Want to flip a house? Forget the Hollywood Hills and head to Highland Park. A “Flip Analysis” produced by Land Advisors, a broker that specializes in land sales, shows that homes that were bought and sold  by investors in Highland Park – a flipper hot spot – sold on average for 73% more than what [...]

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    Another day, another story on Echo Park Avenue

    Echo Park residents who return home tonight via Echo Park Avenue will find that that construction crews were busy today adding  a second floor to the condominiums now under way at Echo Park and Delta avenues.  The 36 on Echo development still has another floor to go before topping out.  How high can you go [...]

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    Great Wall of Silver Lake may be replaced by a wall of condos

    The giant retaining wall that snakes high above Riverside Drive west of Fletcher Drive and another mark the spot where property owners have long planned to build a large residential project. Now, the property owners have put the approximately six acre parcel – called RiverGlen 120 – up for sale for $10.5 million. What can [...]

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    Planned Echo Park development generates concern and support

    The Echo Park hillside that rises to the west of Echo Park Avenue and Baxter street is packed with decades-old bungalows, steep stairway streets and a canopy of trees. It’s the same hillside where a developer is now preparing to build a cluster of new homes designed by noted Los Angeles architect Barbara Bestor.  The [...]

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    Eastside Property: Not even a “cool condo” in Silver Lake can avoid a price plunge

    Many Silver Lake residents were upset when the developers of a 26-unit Silver Lake condo complex at the corner of Glendale and Silver Lake boulevards gouged out a chunk of hillside to insert three, boxcar like buildings into the property. Since the project was completed in 2005, the same part of Silver Lake has seen [...]

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    PETA seeking more Echo Park real estate

    Less than three months after moving into its new West Coast headquarters in Echo Park, the People for the Ethical Treatment of Animals is planning to purchase a neighboring building that is the long-time home to Wells Tile & Antiques, one of the city’s leading purveyors of rare and pricy vintage tile and pottery.  It’s [...]

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    Eastside Property: Speedy Highland Park flip lands on the market

    House flippers are racing against time when it comes to buying and selling homes. But the investors selling this 112-year-old Highland Park house are apparently on a very fast track. The two-bedroom cottage on the 800 block of Milwaukee Avenue near York Boulevard was put up for sale on Thursday, less than two months after [...]

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    New townhouses to crown a Silver Lake hilltop

    The demolition of Silver Lake’s Coffee Table cafe for a 45-unit condo project has attracted attention, and concern, about new development on the north end of the neighborhood. But the Coffee Table project by 15 Group is not the only major development in the immediate vicinity. Less than three blocks away on the top of [...]

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    Angeleno Heights loft-style condo project falls into bankruptcy

    After years of on-again, off-again construction, the conversion of an Angeleno Heights brick apartment building into pricey loft-style condos  has hit another roadblock after the owners filed for bankruptcy protection amid lawsuits and talk of a possible sale.  One of the owners of the 55-unit Brownstone Lofts  told The Eastsider last November that the project [...]

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    Eastside Home: Stripping the stucco away reveals the charm of a Highland Park cottage

    While searching for a Highland Park home, Paul Lacques and Victoria Jacobs came upon a 1924 house that seemed to have been stripped of nearly all of its old charm and character. The wood siding and been covered in a layer of grey stucco; the wood windows had been replaced with small, aluminum sliders and [...]

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    Boyle Heights hospital remains in growth mode

    White Memorial Medical Center, which only two years completed building a main hospital building on its Boyle Heights campus, is planning yet another major project in the form of a six-story, medical office building. The approximately $15 million office building and parking garage  will rise at the  corner of Cesar Chavez Avenue and State Street, [...]

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    Eastside Property: Boyle Heights house options for under $200,000

    If house flippers have foiled your plans to buy an low-priced Highland Park bungalow,  then perhaps it’s worth checking out property in Boyle Heights. Like Highland Park,  Boyle Heights is filled with classic and old Craftsman as well as Victorian-style bungalows. Unlike Highland Park, however, the horizontal wood fencing and putty colored homes – design [...]

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    Eastside Property: Own a piece of Echo Park’s gentrification saga

    View Larger Map It was more than a decade ago when a gay couple, Richard Glatzer and Wash Westmoreland, bought and fixed up an aging bungalow on Waterloo Street, befriended the Latino neighbors and eventually made the indy 2006 film “Quinceañera,” a coming-of-age story set against the backdrop of Echo Park gentrification.  The film was [...]

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    Arroyo View Estates: A slice of ’60s suburbia above historic Highland Park

    Drive north on Avenue 66, passing by the tiny wood bungalows and grand Craftsman-style homes of Garvanza and Highland Park, and then take Easy Street and Fortune Way into a world of 1960-style suburbia.  Here, on a Highland Park hillside that butts up against the Pasadena city limit, a tract of about 200, mid-century ranch [...]

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    $4 million buys you a Highland Park building and the “Coldest Beer in Town”

    View Larger Map A drive down Figueroa Street through Highland Park reveals some classic store signs, some of which have recently been restored. One of Figueroa’s most beloved commercial symbols is a blue and white neon sign that hangs above the entrance to a corner liquor store and proudly proclaims “COLDEST BEER IN TOWN.”  Now [...]

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