Here’s our new listing in Silver Lake and it’s great; light and bright on a corner lot just up the street from the Reservoir. It gives you the feeling of being in a “compound,” surrounded by trees with plenty of privacy even though everything you want is very close by. More photos and a full description here. We’ll be open both days this coming weekend, 1 to 4 pm.
Check out this story in LA Times about our friend, the talented local contractor Todd Segal. Todd’s Highland Park residence is an ingeniously conceived, beautifully renovated cabin that’s nearly a century old and measures just 624 square feet. We’re in love with this house, especially because it proves that you don’t need a lot of space to have a whole lot of home.
Curbed has a fun piece that compares LA to other big cities in terms of our pure, massive size. We dwarf those other puny cities! Well, maybe not Shanghai…
This one will sell quickly — it’s awesome. Photos and details here.
Now do some math.
At at list price of $849,000, your 20% down payment puts your mortgage at something like $4,000 per month (round numbers here).
What kind of rent do you think you could collect for the smaller of these two houses? $2,500 per month? More? And you’d live in the larger unit, a 3 bedroom, 2 bathroom home with a detached studio.
A cool house, a great neighborhood, and a subsidized monthly mortgage payment. Contact us at Tracy Do Real Estate.
According our friends at CurbedLA — complete with charts!
Need we say more? All the details right here.
The inquires started pouring in from the moment we brought this gorgeous duplex to market. Goes to figure, really. A classic LA Spanish just a few blocks from Echo Park Lake, ideal for an owner-user or as a pure income property. Check out the photos and info here.
We won’t argue the fact that Zillow can be a useful tool. But it’s a tool with serious accuracy problems. As the LA Times notes, “nationwide Zestimates have a ‘median error rate’ of about 8%.”
8%? In the LA marketplace that’s a huge number, often translating to tens of thousands of dollars. If you’re looking to buy or sell a house, wouldn’t you like a more accurate idea of what it’s worth? Something more than generic sales data crunched into an algorithm?
Kick your Zillow habit. In the real world, houses have unique traits and nuances that speak volumes about their value. Having sold more Eastside homes than any other realtors for two years straight, we can safely say that we are market experts, with inside access to timely, reliable, accurate information. No “Zestimates” here. Just carefully thought-out analysis and an honest assessment of worth.
Contact us anytime at Tracy Do Real Estate.