It was early last year when this Echo Park home at 1515 Allesandro Street went up for sale for $429,000 even though the property owner had run out of money to build a stairway to reach the unfinished house near the top of the sloping lot. This month, the same house went back up for sale after apparently new owners finished building the three-bedroom house, which now sports a garage and a stairway leading to the street. The current owners did not pay any where near the $429,000 asking price. Instead, according to Redfin, the house sold for $140,000 last November. Now they are asking for $599,000 – stairway included.
From Quakes to Traffic: $600-million Sunset Boulevard development faces in-depth study of potentially big impacts and risks
May 23, 2018