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Friday, September 30, 2016

Echo Park flippers land in escrow

In early May, house flippers Aubin Crowell and Liza Temple were standing firm on the $789,000 price tag of their Echo Park bungalow despite the lack of a single offer after a few weeks on the market. “We are going to definitely wait a few more weeks before doing anything,” Temple said of the Echo Park Avenue house flip being followed by The Eastsider. At the end of May, Crowell and Temple blinked. They reduced the asking price on 1878 Echo Park Avenue to $775,000 and, soon after, a serious buyer emerged. “We generated a lot of new interest with the price cut and received an offer shortly after, ” Temple said. “We are now in escrow.” Read more in Home & History.



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