Thursday, October 20, 2016

Eastside Property: Simple and sleek at the top City Terrace

Photo from Redfin.com

The hills of City Terrace are jammed with Spanish Colonial homes and some properties that have been remodeled and mangled beyond recognition. So, this updated 1959 home at 1231 Schick Avenue stands out with some a simple and straightforward contemporary style.  The few exterior shots do not look too promising but the recently remodeled interior with stark white walls, wood floors, exposed-wood ceilings and stainless steel kitchen appliances appears ready for a truck-load of Pottery Barn/West Elm furnishings: Plenty of windows frame city as well as freeway views in this “dream home up in the sky,”  according to the listing. This house flip, which was purchased by investors for $125,000 in February, is now priced at $320,000, according to Redfin.  That’s kind of steep by City Terrace standards, so the sellers are throwing in all the appliances with a full price offer.

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  1. Is City Terrace the next stop for flippers?? $320k seems pretty high for the area but people seem to think C.T has lots of potential and could be “the next Echo Park”. There are some great views from up in those hills.

  2. Too expensive for only 956 s.f.!! This is not Silverlake.

  3. Now listed as a pending sale. That was fast. Curious to see what it closes for.

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