By JEFFERY MARINO
As of this July the median sale price on the Eastside was $582,500 and the typical home sold within 15 days of being listed, according to a recent report from Redfin. The median in places like Echo Park and Eagle Rock topped $600,000. So this begs the question: How much house does this money buy you on the Eastside? In some cases, the answer is not much.
We found several homes under 1,000 square-feet that recently sold far above half a million dollars. The median price per square foot — which tells you how much living space you are actually getting for the price — throughout L.A. is about $400, according to Redfin. That’s high by national standards but reasonable compared to these Eastside mini-houses, some of which sold for over $1,000 a square foot.
Check them out.
649 Laveta Ter. 2 bed, 1.75 bath
Sales Price: $750,000
This 858 square foot home in Angeleno Heights sold for $100k over the asking price and was off the market in two weeks. Price per square foot: $874.
Eagle Rock Area
2666 Banbury Pl. 1 bed, 1 bath
Sales Price: $575,000
This 650 square foot Eagle Rock bungalow was off the market in 9 days. Price per square foot: $887.
Echo Park Area
1840 Lobdell Pl. 1 bed, 1 bath
Sales Price: $500,000
At 495 square feet, this little Echo Park “pied-a-terre” is the smallest home on our list. Price per square foot: $1,010.
Silver Lake Area
1448 Angelus Ave. 2 bed, 1 bath
Sales Price: $726,000
Three-quarters of a million dollars buys you 600 square feet in Silver Lake. Price per square foot: $1,190.
1910 Apex Ave. 1 bed, 1 bath
Sales Price: $697,500
This one packs 728 square feet of living space into two levels. Just like the others, it was also off the market within two weeks. Price per square foot: $958.
Real Estate Trends & photos from Redfin.com
Jeffery Marino is a writer and real estate expert at Redfin. He lives in Atwater Village.