Jenny Durling Silver Lake, Los Feliz & L.A. properties

Charming Los Feliz Bungalow north of the Blvd just over $700k!

Can you believe it? A 3 bedroom, 1 ½ bath California bungalow north of the blvd in Los Feliz listed for only $719,000? This place is full of charm, clean bright and ready to move in. If you have kids or are planning to have them, there's the added advantage of being in the Franklin Elementary School district.

This house exudes charm warms and charm and is only minutes from the Village of Los Feliz, Griffith Park and all the area has to offer.

The first public open house is scheduled for tomorrow, Sunday 11/15 from 1-4. If you have been looking for a well-priced home in Los Feliz, I highly recommend you stop by and check it out. Listed by a couple of my favorite Sotheby's agents, you are sure to get a warm greeting. If you'd rather see it another time, give me a call at 213-215-4758 and I'll be happy to show it to you. In any case, don't way- this one is bound to sell in a hurry. He property is located at 2312 Nella Vista Ave in Los Feliz.

For more information on Los Feliz, Silver Lake, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

New Silver lake Library Grand Opening on Monday, November 16

The wait is almost over! Yes, Silver Lake's new, LEED certified library is set to have its grand opening and ribbon cutting celebration on Monday, November 16 at 10:00am. Special guests will include Los Angeles Mayor Anotnio Villaragosa, Los Angeles City Coucil President Eric Garcetti, Councilman Tom LaBonge and the Citiy Library Martin Gomez.

If you can't make it to the ceremony on Monday morning, you'll have another chance to cebrate on the weekend. The Friends of the Silver Lake Library who have been instrumental in getting this library built, are hosting a Silve Lake Community Open House. This Celebration will take place on Saturday, November 21st from 10 am to 5 pm. There will be music, food, and fun for everyone.

Parking is limited so this is a great opportunity to get a little fresh air and walk or bike to the event. Maybe take a trip around the the reservoir first so you can burn off some of the to-be-eaten goodies at the event!

The new Silver Lake Library is located at 2411 Glendale Blvd at the corner of Glendale Blvd and Silver Lake Blvd. See you there!

for more information on Silver Lake, Echo Park, Los Feliz, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

The Sunset Five - New Architectural Condos on Sunset Blvd in Echo Park

It seems a lot of buyers are looking for modern architecture these days and for those who like the open feel of a loft but also want to have walls and doors on their bedrooms, the Sunset Five in Echo Park could be an option. An option, if you're ready to be an urban pioneer.

Echo Park, has changed dramatically over the years and is attracting buyers who like the urban landscape and diverse culture. This new development may be just what the doctor ordered or it may be a little ahead of its time for its particular location.

The modern exterior of concrete block, glass and corrugated metal is a sharp contrast to the surrounding properties. There are old homes on either side and across the street, a commercial strip of little shops and a neighborhood bar called Little Joy. It seems it may be a while before this particular spot is really hopping and new residents will have to put up with the bus stop in front of the building and traffic noise from Sunset Blvd.

The five units have been on the market for just over a month at this point and none of them have sold yet. It may have more to do with the prices than anything else, though I was less than impressed with the interior finishes. I actually had to ask if the units were finished. Apparently that was the look the architect was going for.

All five units have 2 bedrooms and 2 baths, one with an additional half bath and range in size from 1184 to 1765 sq. ft. Here's a break down of the units:

The development is the work of award-winning architect/developer Chasen Architecture and was built with a focus towards green design. The concrete walls and floors protect the interiors from extreme changes in temperate which should save on heating and cooling costs. Some units have plumbing and electrical conduits install to allow for future installation of solar panels shoul d the new owner want to install them.

Do I think these units will sell? Of course they will, but it feels like they are priced as if they are located in Silver Lake and not in Echo Park. If the units come down to a price more in line with the location, I expect they'll sell pretty quickly.

To see these units or for more information on Echo Park, Silver Lake, Los Feliz and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Fabulous mid-century modern home in Los Feliz

Yesterday I went out to take a look at the area homes that came on the market this week. Hand down my favorite was 4349 Cedarhurst Circle in Los Feliz. Every so often I see a home that makes me what I would have to do to move into the place myself. This is one of those houses.

Behind a private gate on a small street in the Franklin Hills lies this oasis from the city. The walk down the path past the pond and fountain in the front yard sets the calming and welcoming mood. What a terrific property! A true 1951 gem with great light, layout and indoor-outdoor floor done up to today's standards. 1,852 of living space with 3 bedrooms, 3.5 baths a fabulous double sided fireplace and a great vibe.

Listed at $1,100,000, this Los Feliz beauty is sure to be gone in a hurry. It will be open this Sunday from 2-5pm or give me a call and I'll arrange a showing. If you've been looking for your own zen retreat in Los Feliz, this may must be the ticket.

For more information on Los Feliz, Silver Lake, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Silver Lake, CA Moreno Highland Foreclosure in the Ivanhoe School District Listed for only $888,800!

OK, now that I have your attention... Yes, there is a bank owned home in Silver Lake's Moreno Highlands that came on the market 10/24/09 at the incredibly low price of $888,800.

This over sized 1920's Tudor is in a prime location and boasts almost 3200 sq feet of living space on a 6700+ sf useable lot. This property is not a fixer by any stretch of the imagination. There is a bonus room plus bath, dining, kitchen and living room upstairs with 3 bedrooms and two baths downstairs. Don't forget the attached garage and views of the reservoir. Seriously, do you really expect such a house to sell for less than $900,000?

I had seen this house before when it came on the market at $1,570,000 back in September of 2007. No doubt the seller was hoping to be able to make enough money to be able to pay his debt to the bank and still walk away with some cash in his pocket. The house sat for quite a while and went through a number of price reductions:

09/04/07 original list price $1,570,000

1/27/07 reduced $1,499,000

4/21/09 reduced $1,395,000

7/29/08 reduced $1,249,000

9/02/08 reduced $1,175,000

9/`7/08 reduced- now it's a short sale! $999,000

The property had been purchased in November of 2004 for $1,080,000. Apparently the owner took some of the equity out but when it went on the market in Sept. 07, nobody was interested in paying $1,5 million plus for it. Once it hit that low price of $999,000 a year later, it got it's share of interested buyers. Yes, this Silver Lake property had short sale offers and the bank simply refused the short sale. It was foreclosed 6/08/09 for $935,000.

I was at the open house this afternoon and it was certainly well attended. There were groups, agents, singles and couples- some with kids in tow, no doubt hoping to get them into the coveted Ivanhoe School district. I hope their agents warned them that a list price is just a list price and may have absolutely nothing to do with the final sale price of a property. The last big house in the Silver Lake's Moreno Highlands that sold anywhere near this list price was a complete mess. It may be torn down more easily than refurbished.

This listing is in move-in condition. Other than the fact that the previously stellar view of the Silver Lake Reservoir now shows Ivanhoe Reservoir covered in black bird balls- there's really nothing to complain about here. Do I think this house will sell anywhere close to that listing price? In a word, NO! If you don't have at least a million dollar budget, don't get your hopes up. This one is bound to sell fast and in multiple offers substantially above the list price. If you can compete in that price range and would like to see this house, please give me a call and I'll arrange to show it to you.

If you are maxed out in the high 8's, I'm afraid this is not the right house for you, but I'll do my best to find you another place to call home. For more information on Silver Lake, Los Feliz, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com