A Roundup of Eastside Real Estate and Development News
Welcome to a digest of Eastside real estate news, development and people. In this week’s issue:
Sunset Boulevard stalwart restaurant El Cid is listed for lease. There’s a proposal to build a big storage center in El Sereno. And we have celebrity real estate news from Atwater Village, Echo Park and Los Feliz.
Real Estate Roundup
Actress Morena Baccarin, currently of “Deadpool 2,” has put a two-unit property on the market, according to the L.A. Times. She bought the Spanish-style duplex 11 years ago for $649,000. It now listed at $849,000.
The Australian singer and songwriter known as Sia has sold her 2-bedroom bungalow in the 2100 block of Princeton Avenue for $980,000 or $131,000 over the asking price, according to Redfin. Sia bought the small, 836-square-foot home for $660,000 in 2014.
A large self-storage facility is being proposed for 4800 E. Valley Blvd., according to a document filed with Department of City Planning. An existing warehouse would be replaced with a three-story, approximately 151,487 square-foot storage building with 53 surface parking spaces.
Naya Rivera, the actress-singer who played cheerleader Santana Lopez on “Glee,” has listed her house in Los Feliz for sale at $3.869 million, according to the L.A. Times. She bought it in 2013 for $2.6 million. The five-bedroom/four-bathroom Traditional was built in 1938, and has been restored.
El Cid, the longtime Sunset Boulevard restaurant and nightspot, has been listed for lease on Loopnet. The property includes nearly 3,000 square feet of indoor space plus an additional 4,000 of outdoor spaces. We’ve contacted the listing broker for more details.
A former Silver Lake gas station took a step closer to becoming a historic monument. Planning Department staff is recommending that a former Texaco service station at 1650 N. Silver Lake Blvd. be declared a historic-cultural monument. The property is “a rare, surviving example of an automobile commercial development from the 1940s,” according to a staff report. But the owners of the 1941 building want to tear it down for development. The Cultural Heritage Commission will take up the recommendation at their meeting on Thursday.
A 28-unit apartment building is being proposed for 3105 W. Bellevue Ave., according to a document at the Department of City Planning. The building would have three restricted affordable units. The developer is asking for side yards of only five feet instead of the required eight feet, as well as a reduced rear yard, and an increased height of 56 feet instead of the usual limitation of 45 feet.
On The Market
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That’s it for this issue of Real Estate Monday. We will be back next Monday.
— Barry Lank & Jesús Sanchez
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