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LA Digs - Northeast LA Real Estate Blog

Welcome to LA Digs, the real estate and Northeast Los Angeles community blog written by Realtors Tracy King and Keely Myres.

Here, we share tips, market updates, and local news bits to keep you informed on what's happening in Northeast Los Angeles and the surrounding neighborhoods. Read on to learn about the latest in your neighborhood!

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Mortgage Startup Caters to Self-Employed and Small Business Owners

All you self-employed, small business ownrs, entreprenuers, and nontraditional career works - take heart! Privlo, a new mortgage startup, just launched in California last week and they cater specifically to small business owners, entrepreneurs, Millennials with nontraditional career paths, or seasonal workers with spiky incomes - namely people with complex incomes that can't be proven on a tax return or W2, and are increasingly turned away by their banks even though they may be creditworthy.

It's an option that self employed homebuyers haven't truly had until now, as Privlo takes into account a far wider range of alternative documentation and credit criteria than a traditional lender. Here's their press release along with more info.

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2185 Hits

What Does it Mean to Sell Your Home "Off-Market"?

What Does it Mean to Sell Your Home "Off-Market"?

Some people are very excited about selling their homes "off-market" these days. They say it can save time and hassle and not invade one's privacy as much a regular marketing plan.

Some Realtors would even have you believe that you can make more money this way, that people will be so excited about buying a house without all the competition that they will pay you top dollar.

My question to these people is, How do you know what top dollar is without exposing it to the market? We recently had an Echo Park home for sale that ended up going just over 20% above the asking price of $799,000.

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4702 Hits

Craftsman Fixer at 5217 Mt Royal Dr

Craftsman Fixer at 5217 Mt Royal Dr

In 1922, the Eagle Rock City Hall opened and this charming Craftsman home was built on the prestigious Royal Drive, named for the royal palms that lined the street.

Life is still beautiful in this neighborhood, still with neighbors who look out for each other, still tree-shaded sidewalks perfect for the families with strollers and dogs who wave hello as they pass by.

This is a great opportunity to make a piece of Eagle Rock real estate your own! 

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2121 Hits

Urban Living at 5034 Mosaic Court

Urban Living at 5034 Mosaic Court

Life is simple, gracious and energy efficient in this spacious 2-year old single family home in a small lot development built by the nationally respected Pulte Homes.

Located in the Blue Ribbon Distinguished Eagle Rock Elementary School area, you are close to school, restaurants, shops and all your friends who have found that the secret to a happy life is living in the heart of Eagle Rock.

For those interested in Eagle Rock real estate, this is a great opportunity and the timing is right.

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1887 Hits

Cul-de-sac Ranch Home at 5216 Upton Ct

Cul-de-sac Ranch Home at 5216 Upton Ct

Tucked away on a quiet cul-de-sac, this ranch-style home offers a retreat from the city in a prime neighborhood where homes in Eagle Rock are sought after and coveted by buyers.

Have the whole family over and the kids can hang out in the family room while the adults linger over coffee in the huge living/dining room.

Live the California dream as you barbecue on the patio off the family room and cheer on the raucous croquet game on the lawn in the side yard.

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2082 Hits

Tastefully Updated Spanish at 1840 Lemoyne St

Tastefully Updated Spanish at 1840 Lemoyne St

Homes in Echo Park have become a hot commodity for a good reason. Roll on down to Chango for a bite. Or to Fix Cafe for a cup of coffee. Or Valerie's for some tea and something sweet.

Or stay home and invite your friends to dine al fresco on your deck with the view of downtown sparkling in the setting sun.

Are you tired of the rest of the world and you just want to retreat to your own private world that no one can see but you? Go on down to the Zen garden off the master bedroom suite.

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1882 Hits

Original Mid-Century at 5140 Monte Bonito.

Original Mid-Century at 5140 Monte Bonito.

Mid-Century lovers, hurry on over to this original post & bean Modern built by the Sylvis Constuction company in 1959.

Even the kitchen and bathroom lino is original.

Even the tile on the kitchen backsplash and bathroom counters and shower/bath surroundings is original.

Even when there are many Eagle Rock homes for sale, few are kept in this original, awesome condition!

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2095 Hits

Lovely 1945 Ranch Style Home at 4509 Verdugo Rd.

Lovely 1945 Ranch Style Home at 4509 Verdugo Rd.

Interested in a prime but affordable piece of Glendale real estate? This lovely 1945 ranch-style home is in the popular Sagamore Park neighborhood right in between Glendale and Eagle Rock.

Ready for you to move right in, there are hardwood floors, a wood-burning fireplace, updated kitchen and baths, a formal dining and three charming bedrooms.

An efficient kitchen plan has granite counters and room for a small table & chairs.

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2185 Hits

Is it a Good Time to Buy a House?

It's very challenging to be a buyer in today's market. Interest rates are at an historic low. Prices have gone up enough that some owners of really good houses are willing to put their homes on the market, and the market is well suited to try moving up from that sweet cottage you've outgrown. So what's the problem? Well, no one knows what anything is worth, especially here in Northeast LA where real estate in Highland Park, Eagle Rock, Glassell Park, Mt. Washington and other neaby communities have become hot items.
 
Why is that such a problem? Buyers and their helpful friends and families can't figure out if they are getting a good deal, or if they are overpaying.
 
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3219 Hits

Mt Washinton Cabin in the Woods at 847 Ganymede.

Mt Washinton Cabin in the Woods at 847 Ganymede.

Homes in Mt. Washington are in such high demand that even fixers get snatched up quickly and we expect that to happen with this special property.

This is a real fixer. Really. Located in a peaceful sylvan location on a small rural-feeling street currently with only 3 homes on it.

It's Mount Washington Elementary area with a number of choices for middle and high school.

In its long history since 1955, this Cabin in the Woods has been loved and cared for with sweet gardens in the back, wood floors, and actually 2 bedrooms though the tax records say only 1.

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1954 Hits

Mid-Century Ranch Home at 6115 Hillandale.

Mid-Century Ranch Home at 6115 Hillandale.

You will love how hip and chic this fun mid-century ranch has become!

The open kitchen/living/dining area is what everyone loves, there are 3 good-sized bedrooms including a great master suite with a walk-in closet all the girls will envy.

Features an oversized 2-car garage with French doors on the side that would make a great hang-out for cars, games, toys, art studio--you imagine it and it can be.

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1821 Hits

Spanish Colonial Revival at 1674 Hill Drive

Spanish Colonial Revival at 1674 Hill Drive

In 1929, from Architect Harry Hayden Whitely's design, this exquisite Spanish Colonial Revival was completed with the best materials available at the time.

From the magnesite entry to the beamed living room ceiling, the original charm is present throughout this 2-story home.

Featuring 6 bedrooms and 3 baths, there is also a spacious kitchen with breakfast room, formal dining room that opens onto a covered patio, living room with fireplace, a basement, and more.

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2060 Hits

Highest Sale in Ten Years in Eagle Rock!

Highest Sale in Ten Years in Eagle Rock!

We have to brag about representing the buyers on the highest sale in Eagle Rock since the Pantages house at 2011 Hill Drive sold in October, 2004, for $1,850,000. This time, 2211 Hill Drive sold for $1,800,500.

An interesting fact about both of these sales is that both sets of buyers already lived in Eagle Rock and moved up to Hill Drive, which is a dream often expressed by the Eagle Rock residents we meet.

Well, start lining up your finances, folks, because there are more $Million-plus homes on Hill Drive and other cool parts of Eagle Rock coming to the market soon. And some of them are our listings!

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1952 Hits

The Gale House at 1775 Hill Drive

The Gale House at 1775 Hill Drive

The Gale House--built in 1924 for geologist Hoyt Gale and still in the same family today. Built when Los Angeles opened its first Opera and George Gershwin penned Rhapsody in Blue, this was a time that burst with creativity.

A great example of the California style, this onestory Spanish ranch house sits halfway up its 26,000 square foot lot to take advantage of the amazing downtown and sunset views as well as the breeze that still cools off Eagle Rock most afternoons.

At the top of the lot there is a guest house (permitted as a private library) with even better views. And at the foot of the hill is the 3-car garage with studio apartment above. The driveway curves up to the main house.

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3267 Hits

Custom View Home at 2426 Yosemite

Custom View Home at 2426 Yosemite

Watch the sunrise from your balcony, have treetop views from almost every room in the house, and live the local dream with a clear view of the Eagle Rock. This 2008-built custom home offers a spacious, open floor plan that can accommodate many life-styles.

Need a main-level bedroom, or would you rather have an office there? There are spaces perfect for entertaining and for quiet moments surrounded by garden views.

The flow from the tiled entry with dramatic curving staircase to the living room and formal dining room, into the large open kitchen with large granite-topped island is ready for everything from fondue to your favorite wine and cheese party.

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1795 Hits

Classic 1913 Craftsman at 1956 Nolden

Classic 1913 Craftsman at 1956 Nolden

Let's sit on the front porch of this lovely 1913 Craftsman, enjoy the view and imagine that life is just as quiet and simple as it was then in this tree-filled secluded corner of Eagle Rock.

New dual-paned wood windows frame the views from the living/dining room which include the actual Eagle Rock and the Verdugos to the north.

Craftsman details throughout include built-in bookcases, cabinets, drawers, plus there is a lovely decorative stone fireplace and hardwood floors.

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1904 Hits

Charming 1950s Ranch at 2022 Las Flores

Charming 1950s Ranch at 2022 Las Flores

This classic 1950s Rancher has all the original detail and charm of the era. In the same family for 50 years, now it is your chance to bring this great home into the 21st century, or revel in the days gone by.

The hardwood floors have been refinished, there is fresh paint inside and out, the lawn is green to enjoy now or to qualify for the Landscape Incentive Program.

There is original tile and cabinets in the kitchen and main bath, and a unique wall cabinet in the dining area to give it that 50s flair.

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1949 Hits

Contemporary View Home at 1433 Stanford

Contemporary View Home at 1433 Stanford

This home begins with the living green wall and bright red door in the front, this remodeled home is full of fun touches that create an inviting, unique home.

Pure white walls create an ideal backdrop for the wood floors, natural stone tile, interesting light fixtures, and open floor plan.

The stunning view west across Glendale greets you the minute you enter the living room, and can be fully enjoyed from the deck off the dining room.

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1603 Hits

Spanish Pool Home at 5156 Townsend

Spanish Pool Home at 5156 Townsend

Pool party! Why go to Puerto Vallarta when you have the pool, the view of the palm trees, expanses of paver-tiled patio right here in the heart of Eagle Rock?

This spacious home began as a small 1924 Spanish cottage and was expanded into a four bedroom, four-bath residence in 1984.

The decorative Batchelder-style fireplace in the living room recalls the 1924 charm.

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1995 Hits

Acts of Faith in Real Estate

It may come as a surprise to you, but buying or selling a home is largely an act of faith. As a seller, you hire an agent whom you believe will do a good job for you. You turn your keys over to the person you have chosen to handle one of the largest financial transactions that most people ever make. You believe, or should believe, that they will handle this transaction in your best interest and make you the most money possible. It's interesting to me that many sellers believe that it doesn't make a difference which Realtor they hire, that the result will be the same. But that could be a whole article by itself. 

Let's fast forward to negotiating an offer and opening escrow. Let's assume that you have multiple offers and are satisfied that your agent has represented you well--an act of faith again. You should have confidence not only in your agent, but in the agent's staff, and in the affiliated services they use such as escrow and title.

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1616 Hits