Home prices increased just 3.8% in the city of L.A. this September - the lowest price appreciation since June 2012, according to a recent report from real estate brokerage, Redfin. But the Eastside was an exception as it contains some of the most competitive markets in all of L.A. The typical Eastside home now sells within 15 days, with more than half of all homes sell for more than the asking price. Read More »
Author Archives: Jeff Marino
Mt. Washington Mid-Century landmark sells for $1.35m; Lincoln Heights artist loft goes for under $500k & more
The Eastside was L.A.'s most competitive housing market in August, with the typical home selling in about two weeks and the majority of homes selling for above the asking price, according to a recent report from Redfin. Prices are still climbing on the Eastside as well. As of August, the median sale price in Highland Park was $592,000. To put this in perspective, it was just $365,000 in August of 2013. Read More »
Flippers double their money in Highland Park and Mt. Washington; Atwater home under construction sells for $900k
Flippers are making healthy returns on the Eastside. Remodeled homes in Highland Park and Mount Washington sold for about $300,000 more than they sold nine months ago and a new Atwater home sold for $900,000 while still under construction. Several multi-family units have sold recently on the Eastside, including a 20-unit building in Glassell Park that went for $3,350,000. Read More »
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, with the median in places like Echo Park and Eagle Rock topping $600,000. So this begs the question: What does all this money buy you on the Eastside? In many cases, the answer is not much. Read More »
“Spanish Castle” fixer-upper sells for nearly $1m in Glassell Park; Atwater Village bunglaow sells for $136k over asking & more
A couple of huge compounds recently sold on the Eastside, including what's described as a "Spanish castle" in need of fixing up that went for nearly a million dollars in Glassell Park, and a 3,500 square-foot property with a main house and guest unit that sold in Silver Lake for nearly $1.9 million. A perfectly humble, little bungalow in Atwater Village sold for $735,000 -- $136,000 over its original list price. If you wanted to buy a "fixer deal" in Highland Park, you would have needed a half-million bucks. Read More »
Eagle Rock Spanish-Revival goes for $1.269 million; speedy deals for Atwater and Boyle Heights homes
By JEFFERY MARINO Some buyers are in a hurry to make an offer on Eastside homes. An Atwater Village home went into escrow only six days after hitting the market and eventually selling for $805,000. A deal was pending for a $390,000 Boyle Heights home in ... Read More »
Eagle Rock traditional sells for $100k over asking; Highland Park miniature sells for $761 per square foot and more
Eastsiders are buying big views in El Sereno, Glassell Park, Montecito Heights and Mount Washington. A two-level, Eagle Rock traditional sold within 10 days of hiting the market for $100,000 over the asking price. A charming Spanish revival home sold for just under $400,000 in the unincorporated zone of East L.A. and yet another tiny bungalow sold in Highland Park for a pricey $761 per square foot Read More »
Last week three condos sold in Glassell Park's newly constructed NELA Union development. All three went for around a half-million dollars, with the three-bedroom featured here going for $580,000. A trendy, Spanish-style two-bedroom home sold in East L.A. for a relatively reasonable $375,000 and a tiny (but remodeled) California bungalow sold for $305,000 in Lincoln Heights. Read More »
Eagle Rock is one of the most competitive real estate markets on the Eastside, and we've got a recent home sale to prove it. A Spanish-style home on Hill Drive sold for $950,000 - $250,000 over the original asking price If you are priced out of Eagle Rock, check out the remodeled 4-bedroom, 2-bath home that sold in El Sereno for a relatively modest $440,000. Meanwhile, in Glassell Park, a two-level California bungalow with exposed wood beams sold for $721,000.
Echo Park shack atop a towering stairway sells for $250k; Hot competition in Eagle Rock & Echo Park; El Sereno bargain goes for $175 per-square-foot
This roundup of recent Eastside home sales features a 1-bedroom Echo Park shack - located at the top of a serious set of stairs - that sold for $250,000. Homes for sales in Echo Park have been averaging about 7 offers over the last 90 days, revealing very heavy competition for buyers in this neighborhood.
Atwater Village fixer sells for $500k; tiny Highland Park bungalow sells for $810 per square-foot; reality TV condo goes for $595k in Echo Park
This roundup of recent Eastside home sales is big on tiny homes going for lots of money. A 654-square-foot Highland Park bungalow sold for $530,000, which is a staggering $810 per square-foot; and a 740-square-foot bungalow sold in Silver Lake for $672,500. Be sure to check out the interior design on the Echo Park condo that sold for $595,000; it was featured on Bravo's reality show "Interior Therapy" with Jeff Lewis.
Highland Park fixer-upper/tear-down sells for nearly $500k; 5-bedroom home in Eagle Rock goes for $600k & more
This roundup of recent Eastside home sales includes a $445,000 Highland Park home that is either an ambitious renovation project or a candidate for demolition and a 5-bedroom home in Eagle Rock that sold for $600,000. Be sure to check out the a new three-level, Silver Lake condominium town home that sold for over $900,000.
El Sereno condo sells for $240k; two bungalows on a lot in Frogtown; a memorable Mt. Washington bathroom & more
This roundup of recent Eastside home sales includes an El Sereno condo with views that sold in the increasingly hard-to -find $200,000 range, a Frogtown property with two bungalows and a million dollar Mount Washington home with a bathroom that you have to see to believe. ... Read More »
This roundup of recent Eastside home sales includes an Echo Park 4-bedroom with a Hollywood-sign view that sold for $1.4 million, a tiny Highland Park bungalow in need of a lot of work that flew off the market for under $300,000 and an Eagle Rock mid-century home with all of the original finishes.
Home Sales Roundup: Glassell Park Tudor goes for over $400k; Mt. Washington view home fetches $1.15 million & more
The round up of recent Eastside home sales includes a fully renovated, but miniature, Tudor-style bungalow sold in Glassell Park for just over $400,000. A five-bedroom Highland Park home sold for nearly a million dollars, and a Mount Washington flip with spectacular NELA view went for