Monday, October 24, 2016

Sales Report: Buyer pays $4.5 million for Silver Lake parcels; Atwater Tudor goes for $965k; a $220k condo in El Sereno


Atwater Village Tudor sold for $66,000 over asking

Recent property sales ranged from a $220,000 condo in El Sereno with  a view to a $4.5 million deal for a trio of Silver Lake parcels on Maltman Avenue.

Atwater Village

  • Priced at $899,000
  • Sold at $965,000
  • It took only a little more than a month for this three-bedroom, 1922 Tudor-style home to officially change hands at $965,000 or $66,000 above the asking price. The same home, a flip, sold for $636,000 last June, according to Redfin.

Echo Park

  • Priced at $550,000
  • Sold at $540,000

The sale included two lots and a house across the street from the Echo Park Deep Pool.

El Sereno


  • Priced at $233,000
  • Sold at $220,000
  • Where else can you get two bedrooms, two baths, two parking spaces and a view for $220,000?

Montecito Heights

  • Priced at $749,000
  • Sold at $764,000
  • The renovated three-bedroom home features a classic style and a crisp, blue-and-white color scheme

Silver Lake

  • Priced at $4.95 million
  • Sold at $4.5 million
  • What does nearly $4.5 million buy in Silver Lake? In this case, the buyer picked up 18 apartment units and some adjacent parcels where an additional 37 residential units could be built, according to the listing.

Eastsider Advertising


  1. That El Sereno condo sounds cheap but when you factor in the $500+ HOA fee your cheap mortgage isn’t looking so good anymore

  2. 22,499 s.f. of land in Silver Lake for only $4.5 million is an incredible bargain. Some lucky person made a really good purchase……

  3. missed the priciest SFR closing price in 90065 since 2007. It’s on Division, sold for $1.39m

  4. Those condos are cheap, but like someone else mentioned, the HOA fees are ridiculous. I’m seeing more and more house flips since I bought here just over a year ago. There are some nice 2-3 bedroom homes going for under 400k.

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