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Eastside Property: How much would you pay for a burned down, boarded up Silver Lake shack?


How about $399,999?  That’s what the boarded up remains of this 101-year-old Silver Lake home on Waterloo Street are going for, according to theMLS.com.  An open house is planned for Saturday but potential buyers should not expect to find any bamboo flooring, Nest thermostats or recessed lighting in this place. Instead,  expect a crowd of investors and contractors to show up for what the listing describes as a “Likely A Tear Down With Fire Damage.”  

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12 comments

  1. The rocks in front have always caught my eye driving by. I wonder what the story of the house is. The rest looks like a total scrap. Someone will squeeze a prefab modern structure in there, put some dark wood paneling out front and a set of Neutra numbers.

  2. I lived next door (building just north/east) for a few years, about a decade ago. Great view of Silver Lake and the hills off the back. Older guy that owned the place was a bit of a hoarder, but seemed like a good guy. I’m guessing he passed away and the house just went vacant for too long. According to Redfin, it was originally built in 1903. Sad to see it burned out.

  3. Wow – It will sell!

  4. To answer the question, $15.

  5. Zillow Zestimate® says $1,008,847.

    • Zillow thinks it’s a 1800 sf 4 bedroom house. It’s really a burned out shack. All you’re buying is the land minus the cost of demo and clean up. The asking price actually seems fair.

  6. It caught fire almost 6 years ago I lived around the corner. The guy was nice , he hoarded newspapers. The property is quite large and sits atop a hillside that has unobstructed western views in a beautiful park of Echo Park.
    Hope new owner builds a driveway and a garage because parking is a bitch around there.

  7. “Likely A Tear Down With Fire Damage.”

    Gee…. Ya think?

    Me thinks there is nothing here a ‘dozer cannot fix.

    Start over, and PLEASE build something nice, with character (and don’t forget a garden).

  8. “Likely A Tear Down With Fire Damage.”

    Gee…. Ya think?

    Me thinks there is nothing here a ‘dozer cannot fix.

    Start over, and PLEASE build something nice, with character (and don’t forget a garden).

  9. If the owner has passed away, I’m sorry to hear it. I chatted with him occasionally — nice guy.

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