April 2011 Echo Park Home Sales & Notable Properties

April 2011 Echo Park Home Sales & Notable Properties

4 Units in Echo Park, Marmol Radziner

Single-Family Homes

333 Dawson Street, 2 + 1 ~ $165,000

1624 Allesandro Street, 2 + 1 ~ $300,000 (Short Sale)

327 N. LaFayette Park Place, 3 + 3 ~ $408,000 (REO)

2322 Vestal Avenue,  3 + 1 ~ $445,000

1552 Lemoyne Street, 2 + 1.75 ~ $532,000

1124 Echo Park Avenue, 3 + 2.5 ~ $674,500

1126 Echo Park Avenue, 3 + 2.5 ~ $679,000

Condos

1619 Rockwood Street, 2 + 1, $311,750

1701 Clinton Street #307, 2 + 1, $345,000 (REO)

1701 Clinton Street #512, 2 + 1, $395,000

Income

2212 Berkeley Avenue, 5 units, $635,000

1330 Quintero Street, 4 units, $1,285,000 (Short Sale)

Notable Properties:

1124 & 1126 Echo Park Avenue:  Heyday’s “Dick + Jane” HOMES and entry into the Echo Park market were well received, especially since both newly-constructed, sustainable properties were sold less than 2 weeks on the market.  Polished concrete floors, an expansive redwood deck, and a private alfresco dining area contributed to the draw.

1701 Clinton Street #307 & #512:  The Allyn E. Morris-designed condos, Lago Vista c. 1973,  never cease to amaze.  Don’t let the less-than-900-square-foot label scare you.  These townhouse units offer sweeping picture-perfect views of Echo Park Lake and — even with a sales range in the $300s — still command an enviable address.  Unit #512, Allyn Morris’s own unit, boasts the only fireplace and the largest private patio on the premises.  It sold on day zero (not day 1) on the market.

1330 Quintero Street:  The hillside 4-plex, The Edwards Apartments c. 2007 by Marmol Radziner Architects, outperformed the pack.  Short sale aside, the architectural compound entered the market at $1,050,000 and sold for  $200+k over.  I would blame the sweeping views of Downtown L.A., surprisingly strong rents (the 3+2 rents at $2,995 per month), and off-street parking for 6 cars.

For those interested in more recent sales, or the value of your Echo Park residence, feel free to contact Jovelle at (213) 718-1110.

About Jovelle Schaffer

Echo Park native and real estate agent who loves to cook, imbibe, and write about Los Angeles real estate, community, revitalization.

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