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649 Laveta Terrace

Hidden behind a quaint wood fence–with mature, drought tolerant fauna–sits 649 Laveta Terrace. And, like a top-of-the-line economy car, this home packs a ton of features into a small package.

649 Laveta Front

With just an 858 sq. ft. footprint, you’d be hard pressed calling this thing anything more than cozy, this home is aptly described as “crush-worthy,” and it’s hard not to agree.

649 Laveta Living

Combining a tasteful blend of original detail with modern updates that’s become common around here, this 2 bedroom, 1.75 bath bungalow is sure to sell beyond its $649,000 asking price.

649 Laveta Dining

Rich hardwood flooring, with a dash of exposed brick, complement the bright main living area, while the small dining room comes with one of the most tasteful alcove/wet bars (with built-in wine fridge) I’ve seen. Kudos to a smart use of space!

649 Laveta wet bar

Keeping things safe in the kitchen, you’ll find the overpopulated white cabinet/light wood/stainless steel-everything-combo that defines every rehabbed home. I get it, it works, but it makes writing boring.

649 Laveta Kitchen

The bedrooms are tiiiiight, but tastefully so. Some people have mixed feelings about wood paneling. This is a perfect example of it working, and the bathroom is gorgeous. Sure, people seem to want bigger, but better will do, and the tile work is lovely.

649 Laveta Master 649 Laveta Master bath

The second bathroom is off of a small foyer area and, while not quite as nice as the first, it’s still perfectly fine.

649 Laveta bath 2

649 Laveta foyer

I love lofts, and this is a great way to increase useable space. While hardwood would give it a bit more of a period look, the carpet opens up the area and gives it some warmth. It also makes for a great place for kids to hangout.

649 Laveta Loft

Another Eastside prerequisite is fulfilled with the addition of a studio space.

649 Laveta passage 649 Laveta studio

If for some reason you do feel confined by the small home, be comforted in knowing you have many al fresco options. With a terraced backyard you get a fire pit, dining area with grill, and a lovely deck for sipping on something while watching day turn to night.

649 Laveta Firepit 649 Laveta porch 649 Laveta terrace

As I said, this home packs in a lot, and probably won’t remain on the market long.

For a private showing, please contact Jovelle at jovelle@jovelle.com or call (213) 718-1110.

Alyssa Valentine of Nourmand & Associates has the listing.

7 Notable Sales

It’s a ranging bull market in Echo Park.  Since the first of January, Sellers in Echo Park continue to reap the benefits of soaring home prices, while Buyers pay a premium to live here.

Here’s a quick mid-year recap of 2015’s 7 notable sales thus far:

2027 Park Drive

1.  2027 Park Drive, Elysian Park. 4+2 in 1,974 sq. ft.

Listed at $1,150,000. Sold for $1,400,000 (22% above list)

1840 Lemoyne

2.  1840 Lemoyne Street, Elysian Heights. 3+2 in 1,746 sq. ft.

Listed at $799,000. Sold for $959,000 (20% above list)

1597 Altivo Way

3.  1597 Altivo Way, Elysian Heights, 2+2 in 1,334 sq. ft.

Listed at $829,000. Sold for $957,000 (15% above list)

2300 Avon Street

4.  2300 Avon Street, Elysian Heights, 2+1 in 1,078 sq. ft.

Listed at $749,000. Sold for $849,000 (13% above list)

2339 Vestal

5.  2339 Vestal Avenue, Elysian Heights, 3+2 in 1,275 sq. ft.

Listed at $729,000. Sold for $835,000 (14% above list)

1712 Clinton

6.  1712 Clinton Street, Echo Park, 2+1 in 844 sq. ft.

Listed at $495,000. Sold for $680,000 (37% above list)

1701 Clinton #311

7.  1701 Clinton Street #311, Echo Park, 2+1 in 843 sq. ft.

Listed at $499,900. Sold for $567,000 (13% above list)

And–you may wonder–what is the lesson learned from the above statistics?  As a Seller in a Seller’s market, arriving at the right list price is key in garnering multiple offers and choosing the perfect Buyer in escrow.

As a Buyer in a Seller’s market, it’s best to be guided by an agent who specializes in the area and recognizes when a home is under-priced, over-priced, or priced just right.

To start the process as a Seller or Buyer, please feel free to contact Jovelle Schaffer at (213) 718-1110 or at jovelle@jovelle.com.

2022 Vestal Avenue

The Blackbirds have landed. Modern, Scandinavian-style living comes to Echo Park via the latest from renowned eastside architect Barbara Bestor and development company LocalConstruct. The Blackbirds are now available for purchase (well, those that aren’t already accounted for anyway).

2022 Vestal Front

Perched high in the hills, with 18 total units in 4 unique floor plans, they range in size from the smallest “Trail” plan at 1,365 square feet — which is what we have here — to just over 1,900 with “Nest.”

2022 Vestal Front 2

Don’t worry about size, as clean modernist lines create plenty of usable space. With 2 bedrooms, 2.5 bathrooms this fine example here comes to market at $795,000.

2022 Vestal Living

Downstairs you’ll find polished concrete flooring, custom cabinetry in the kitchen, and custom lighting from Brendan Ravenhill. Floor-to-ceiling bookshelves have also been installed on both floors.

2022 Vestal Kitchen

Upstairs you’ll find vaulted ceilings, warm white oak flooring and heaps of natural light.

2022 Vestal Hall

With huge windows, blackout shades will probably be a priority for the en suite master. I really love the bathroom here. While still modern, the large tile shower gives it just a dash of old world charm.

2022 Vestal Master 2022 Vestal Master Bath

Oh yeah, there is a second bedroom and bath. While they may be smaller, they are just as purty. Again, nice call with the tile.

2022 Vestal Bed 2022 Vestal bath

Outside the home you’ll find a rooftop deck, private yard, and landscape design by Mia Lehrer + Associates (is anything not “by” anyone?). With their own private street with hilltop views these homes are poised to sell fast.

2022 Vestal deck

For a private showing contact, please contact Jovelle Schaffer at jovelle@jovelle.com or call (213) 718-1110.

Courtney N. Smith of Nourmand & Associates has the listing.

 

1443 Bellevue Avenue

As a realtor and a blogger — serving not just Echo Park, but the surrounding area as well — we see a lot of very attractive homes that we really like and may even secretly desire. But, I’ll just put this out there — I want this home.

1443 Bellevue Front

It ain’t perfect, but if anyone has half a vision, they can see a ton of upside. The street is a little busy, and some of the rooms could use an update, but with 4 bedrooms, 2 bathrooms and a generous 2,500 square feet of living space, $749,000 is a low list price.

1443 Bellevue Foyer

Built in 1910 and located in an Angeleno Heights HPOZ, most of the rooms have been maintained with period detail all around. Dark hardwood flooring, pocket doors, built-ins, and dark interior window moldings let you know this is a most definitely a Craftsman.

1443 Bellevue Living

The living room and dining room make the strongest case with large, richly textured built-in book shelves, buffet cabinets, wainscoting, crown molding, and appropriate lighting. Whether functional or not, the brick fireplace remains beautiful.

1443 Bellevue Dining

The kitchen and family room have been hit with some unnecessary updates. The only thing inspiring about the kitchen is the oven — otherwise the 80’s are alive and well. But the space is good, with plenty of cabinetry so all updates would most likely be superficial.

1443 Bellevue Kitchen

As for the family room, all it really needs are some matching wood floors.

1443 Bellevue Family

Upstairs you’ll find more built-in storage, more rich wood flooring, and some larger bedrooms. The master is particularly spacious with lots of light, but does lack the modern touch of an en suite bathroom. For some a small price to pay, for others, a deal breaker.

1443 Bellevue Hall 1443 Bellevue Master

The other rooms are all a decent size, though they could all use a little updating.

1443 Bellevue Bed 2 1443 Bellevue Bed 3 1443 Bellevue Bed 4

Some interesting decisions were made for the bathrooms. While some period touches remain in the upstairs bathroom, the tile, and possibly the tub, must go. I don’t know where to begin with regard to the first floor bathroom.

1443 Bellevue Bath 2 1443 Bellevue bath

With a lot size of 5,200 square feet there is a decent amount of space out back with a small porch, a bit of greenery, and a two-car garage just begging to become a studio.

1443 Bellevue Porch 1443 Bellevue Yard 1443 Bellevue Driveway

For a private showing, please contact Jovelle Schaffer at jovelle@jovelle.com or call (213) 718-1110.

Gail Crosby and Ellen Philips of Sotheby’s International Realty have the listing.

1961 Preston Avenue

Homes like 1961 Preston Avenue are quickly becoming the new normal of Echo Park — generic, updated bungalows that will comfortably satisfy early urban adapters. Not that there is anything wrong with that.

1961 Preston Front

Crawling ever closer to Silver Lake prices, this 3 bedroom, 2 bath home comes to us at $869,000 for just around 1,450 square feet. Beginning with a garage and a beautifully terraced front yard, full of drought tolerant plants, there is much to appreciate.

1961 Preston Living

With large windows and dark hardwood floors, the living room, and dining/kitchen area share a large open space that’s excellent for hosting.

1961 Preston Kitchen

With its own sliding door leading out, the en suite master–with newly renovated bathroom–is rather spacious.

1961 Preston Master

1961 Preston Master Bath

While the other two bedrooms are decidedly smaller, neither would be a penalty box.

1961 Preston Bed 1 1961 Preston Bed 2

Both bathrooms have been updated with inoffensive contemporary stone and tile work.

1961 Preston Bath

Thankfully, the detached studio out back doesn’t require you giving up the garage, though at that distance it may require a separate Wi-Fi router. This is a small price to pay for an 8,700 square foot lot.

1961 Preston Yard

With neighbors perched slightly above the property line, nude sunbathing is unfortunately out of the question. Unless, of course, you’re fine with that sort of thing. Oh, it’s also great for cookouts. I probably should have lead with that.

1961 Preston Deck

In that off chance the weather does sour, it’s good to know there is enough space on the porch to keep things going strong.

1961 Preston Porch

For a private showing, please contact Jovelle Schaffer at jovelle@jovelle.com or call (213) 718-1110.

Lauren Reichenberg of Sotheby’s International Realty has the listing.