Real Estate

Arroyo View Estates: A slice of ’60s suburbia above historic Highland Park

Drive north on Avenue 66, passing by the tiny wood bungalows and grand Craftsman-style homes of Garvanza and Highland Park, and then take Easy Street and Fortune Way into a world of 1960-style suburbia.  Here, on a Highland Park hillside that butts up against the Pasadena city limit, a tract of about 200, mid-century ranch houses conjure up images of ... Read More »

$4 million buys you a Highland Park building and the “Coldest Beer in Town”

View Larger Map A drive down Figueroa Street through Highland Park reveals some classic store signs, some of which have recently been restored. One of Figueroa’s most beloved commercial symbols is a blue and white neon sign that hangs above the entrance to a corner liquor store and proudly proclaims “COLDEST BEER IN TOWN.”  Now the entire tw0-story building from ... Read More »

Developer prepares for a mix of old and new on Echo Park project site

Echo Park residents living near Echo Park and Morton avenues who have been watching and listening to the construction of a 36-unit condo complex can expect more construction activity in the months ahead when work begins on a separate 18-unit development on Morton Avenue.  Justin Barth with Fifteen Group, the Miami-based developer working on projects in Silver Lake and Boyle ... Read More »

Developer prepares to break ground soon on Silver Lake Coffee Table condos

After demolishing the former Coffee Table cafe building earlier this week, the owner of the property said construction on a 45-unit Silver Lake condominium project could begin as soon as this spring or early summer. Justin Barth with Miami-based  15 Group said his firm has decided to go ahead and build 45 condos on the Rowena Avenue property instead of ... Read More »

Flipper Furnishings: Forget the house, I’ll buy the sofa

You may not be able to afford this Cypress Park house flip, but at least you can buy the furniture.  An open house invitation for the 1911 bungalow declared that many of the furnishings and accessories used to stage the Idell Street home were up for sale – including the carved wooden deer head ($500) above the fireplace mantle. The ... Read More »

Echo Park renters might find a cheaper place and a parking spot in Highland Park

Is Highland Park the next Echo Park? Only if the rents rise and parking spaces disappear, judging by  a comparison of apartment rents in both neighborhoods. In his most recent Craigslist-based snapshot of apartment rents,  apartment investor and blogger Moses Kagan found that the median rent of a one-bedroom Echo Park apartment north of the 101 Freeway came in at ... Read More »

Eastside Property: Divine Silver Lake home for sale – steeple included

After a dispute with Echo Park evangelist Aimee Semple McPherson in the late 1930s, Harriet A. Jordan, Sister Aimee’s former business manager, served in later years as the  pastor of her own small church a few blocks away on Silver Lake Boulevard. Calvary College Church  is long gone (Rev. Jordan died in 1955, according to the L.A. Times) but the ... Read More »

You call this affordable? Rents at Echo Park senior complex start at $1,385

The scaffolding has come down from Echo Park’s new senior apartment complex, revealing a bright white, nearly 500-foot long complex that has been promoted as an “affordable senior housing community.”  During last year’s ground breaking, Councilman Eric Garcetti said the $10 million complex on  Glendale Boulevard across from Echo Park Lake would bring  “sorely-needed housing for seniors to Echo Park.” ... Read More »

Eastside Property: The grand urban plan behind an East L.A. neighborhood

This Spanish-Colonial style home that recently went up for sale was built in 1926  in the far eastern tip of unincorporated East Los Angeles as part of  a subdivision called Montebello Park. The  former ranch was transformed into a new suburb with the help of  the urban planning firm of  Wilbur David Cook,  the master planner for much of Beverly ... Read More »

Echo Park man wants to build green homes that don’t cost a lot of green

After discovering that the old Echo Park house that they purchased was in worse shape than they expected, Jerome and Jamie Pelayo decided to demolish the structure and replace it with an energy-efficient home with a contemporary design that they could afford.  The result is a simple, some would say stark, two-story cube built from pre-fabricated wall panels that now ... Read More »

Sister Aimee’s church is now preaching real estate development

It has been about 80 years since the church of Aimee Semple McPherson, the famed evangelist whose domed Angelus Temple sits across from Echo Park Lake, purchased about 30 acres of  hillside property between Lincoln Heights and Montecito Heights. On hills more than 800 feet high, the church built a radio tower to broadcast Sister Aimee’s sermons and other religious ... Read More »

Eastside Home: Renovating Highland Park homes for the long run

Highland Park has attracted many residents interested in old homes and classic architecture, including Andrew Ward. Ward, a 4o-year-old film industry worker, has rehabilitated properties in Highland Park – including the bungalow shown above  on N. Avenue 54 –  and is now working on one in Garvanza. But he wants to make it clear up front that he’s no house ... Read More »

Coming Soon to Echo Park: More condos and less parking*

“Coming Soon!” banners and concrete barriers have gone up at the site of a 36-unit condominium project now under construction at Echo Park and Delta avenues. The  banners were unfurled today to promote the 36 on Echo project show some old renderings of the condos but don’t provide any new info about pricing (there is also no info available by ... Read More »

What does Moby know about Silver Lake real estate?

In his new Los Angeles architecture blog, Moby features a photo of a lemon-yellow Silver Lake bungalow (pictured at top) to illustrate a post about how affordable L.A. is for working artists compared to New York, London and San Francisco. The electronic music star tells of how a friend recently purchased  a two-bedroom condo “in a pretty nice part of ... Read More »