July 2011 Echo Park Home Sales: Victorian Sells for $1.1M

July 2011 Echo Park Home Sales: Victorian Sells for $1.1M

Photo Credit: Kansas Sebastian, Michael Smith

While June favored the investor-savvy in Echo Park, July was a robust month for owner-occupying home buyers.

An 1888 Eastlake Victorian within the coveted Angelino Heights HPOZ — Historic-Cultural Monument #321 at  1442 Kellam Avenue  — was purchased for just shy of its $1,133,000 list price and only on the market for a mere 8 days. Once known as the Eastlake Inn, the 6 bedroom, 5 1/2 bath B&B-turned private residence still retains its original charm: a formal parlor, flashed glass windows, a tin-stamped ceiling, and Victorian wainscoting.

At the opposite end of the Victorian spectrum, a paired-down 1907 Victorian bungalow on Echo Park Avenue sold for an affordable $300k.

While July sales in Echo Park were predominated by foreclosed homes, the local real estate market shows little sign of slowing down this Summer.

For information on the purchase and sale of your Echo Park home, please contact Jovelle at (213) 718-1110.

Single Family Homes

1007 Laveta Terrace, 2+1, $211,000 (REO)

2728 Glassell Street, 2+1 ~ $220,000 (REO)

2045 Echo Park Avenue, 3+1 ~ $300,000

2463 Echo Park Avenue, 3+3 ~ $340,000 (REO)

2215 Reservoir Street, 2+1 ~ $370,000

329 N. La Fayette Park Place, 3+3 ~ $375,000 (Short Sale)

200 Robinson Street, 5+4, $415,000 (REO)

2211 Montana Street, 2+2 ~ $473,900

1442 Kellam Avenue, 6+5.5 ~ $1,100,000

Condos

142 Rosemont Avenue #5, 2+2 ~ $176,300 (REO)

1079 1/2 W. Kensington Road #6, 2+1.5 ~ $361,000

Income

241 N. Park View Street, 3 units ~ $260,000 (REO)

1113  Mohawk Street, 4 units ~ $815,000

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