September Echo Park Home Sales

September Echo Park Home Sales

2207 Elsinore Street, 3+2 ~ $699,000

2207 Elsinore Street, A Craftsman Dining Doom

There were several notable sales in Echo Park for the month of September.

A beautifully maintained 3 bedroom, 2 bath home on Elsinore — with all the time-honored details of a true Craftsman — sold for $699,000.

A cash purchase was needed for an Angeleno Heights HPOZ fixer at 1039 W. Kensington, which got saved from the bulldozers.  It looked picturesque and adorable from the outside, but belied the home’s interior.

2207 Elsinore Street, 3+2 ~ $699,000

On the cusp of the Echo Park – Silver Lake border, the Native Homes team redesigned a California Bungalow at 1330 N. Coronado and sold it for $655,000.

1330 N. Coronado - Native Homes dining & kitchen

The best buy in single family homes for the month?  A 1920s bank-owned fixer, south of Temple and walking distance to the Echo Park Pool and Vista Hermosa Park.  Located at 338 E. Edgeware, it sold for a mere $185,000.

For investors, a 1955 8-unit Lakeside apartment complex on Montrose (although lacking its Mid-Century style) got scooped up by a Philadelphia-based Buyer.  Last sold in 2006 for $1,130,000, it was purchased for a remarkable $930,000.  In addition to 12 parking spaces, 4 2-bedroom units and 4 studios, a 3 bedroom, 2 bath home also accompanied the sale.  For investors who deploy the “buy and hold” strategy, its value is bound to appreciate when Echo Park Lake, a stone’s throw away, re-opens Spring 2013.

1828 Montrose, 8 units and 3+2 Home ~ $930,000

For information on current real estate homes and investment properties in Echo Park, please contact Jovelle Narcise at (213) 718-1110.

Single Family Homes

338 E. Edgeware Road, 2+1.5 ~ $185,000 (REO)

1941 Preston Avenue, 2+1 ~ $323,000

1039 W. Kensington Road,  5+3 ~ $415,000

1448 Laveta Terrace, 2+1 ~ $505,000

1330 N. Coronado Street, 3+2 ~ $655,000

2207 Elsinore Street, 3+2 ~ $699,000

1854 McCollum Street, 5+4 ~ $820,000 (Short Pay)

Income Properties

1618 W. Court Street, 2 units ~ $145,000 (Short Pay)

1711 Miramar Street , 3 units ~ $272,000

2322 Berkeley Avenue, 3 units ~ $384,000 (REO)

631 N. Rampart Boulevard, 3 units ~ $480,000

1830 Echo Park Avenue, Retail Space with 3+2 ~ $622,500

1828 Montrose Street, 8 units ~  $930,000

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