NELA Union is a Comparative Bargain Pt. 2

LATlogoTim Logan of the LA Times reports that “sales of newly built homes in the U.S. surged in August to their highest level in six years” which translates to “another indication of a housing market that is starting to stabilize.”

And meanwhile…

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This just opened in the Arts District of Downtown LA.

It’s a perfectly nice 438-unit building, and we have nothing against it. However the rents, according to the LA Times’ Andrew Khouri, “range from $1,680 a month to more than $4,000.”

Bust out your calculator and do some simple math. For roughly $500,000, you can buy a brand new, state-of-the-art home at NELA Union that has 3 levels, 2 bedrooms, 2.5 bathrooms and 1180 sq. ft. of living space — plus an attached two-car garage. It even has a private ground-level patio. Best of all, it’s yours. The hard-earned money you pay each month goes toward your bottom line, not someone else’s.

Plan1-07Plan 1 Home at NELA Union: 2 bedrooms, 2 bathrooms, approx. 1180 sq. ft.

Seriously, do the math. 10% down, 20%, FHA borrowers, all are welcome at NELA Union which is by far the best value among new Eastside developments. People are already living here and more will be unpacking this very weekend, getting settled in their own homes, centrally located in one of LA’s hottest neighborhoods, Glassell Park.

We’d love to show you around, and can do so daily from 10am to 5pm. If you have questions, please email to info@nelaunion.com or call 626-204-7109.

You can also reach us anytime at Tracy Do Real Estate.

To receive new listings by email, or to schedule a viewing click here!

Two in Green

We’re pleased to announce two new listings for this week at Tracy Do Real Estate. The homes are similar in that both are early 20th Century Craftsman style, painted green (not the same shade of green) with white trim. They’re even priced the same. Mostly what these properties have in common is that they’re exceptional, presenting a great opportunity for buyers in two of the Eastside’s best neighborhoods. Both will be open to the public this coming Sunday, Sept. 28th from 1 to 4pm.

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1911 Bellevue Ave. in Echo Park has 3 bedrooms, 1.5 bathrooms and a beautiful flat yard.

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You get the best of both worlds because the cool period elements remain alongside stylish modern updates and amenities. Asking price is $599,000. More photos here.

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1113 Green St. in the coveted Adams Hill section of Glendale is like a trip back in time.

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Featuring built-ins, original Bakelite drawer pulls and a rare Batchelder fireplace, this house also has multiple sets of doors and windows which open up and catch the breeze that wafts down the hillside. It’s a rare jewel offered at $599,000. Full photo tour and info here.

Be sure to stop by the Open Houses on Sunday. If you need assistance or a private showing, contact us directly at Tracy Do Real Estate.

To receive new listings by email, or to schedule a viewing click here!

1215 Stanley Ave. in Glendale

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Tracy Do Real Estate presents a house that combines style and an awesome price — just $479,000. For that you get this freshly-renovated, beautifully finished home in a central part of Glendale. Whole Foods is a few blocks away and The Americana is just over a mile.

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The single-level home features two bedrooms, one bathroom, an office nook, open kitchen and a cool back patio with prefab bonus space. It’s the perfect starter home or a great way to downsize. Find more photos and all the details here.

To receive new listings by email, or to schedule a viewing click here!

1500 & 1502 Murray Dr. in Silver Lake

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Tracy Do Real Estate presents a Ranch-style duplex vintage 1956. Located on a prime street in LA’s most sought-after neighborhood, it has breathtaking views and a great location near the Reservoir, Dog Park, Farmers Market and all the best shops, restaurants and nightlife of Silver Lake.

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The home is remarkably well preserved with original details including wood paneling and moulding, a brick hearth, vintage tile and a wide array of built-ins. You’ll want to see the awesome back patio and yard — and those views. Take the photo tour and get all the important details by heading here.

To receive new listings by email, or to schedule a viewing click here!

4005 Monroe Street #12 in Silver Lake

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This prime “rear corner” condominium has 1,520 square feet of living space on two spacious levels plus an airy third-level loft. It’s a great way to live modern and virtually maintenance free in a highly desirable location — just a few blocks from Sqirl and not much farther to the heart of Sunset Junction.

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Offered at $649,000, this home comes exclusively from Tracy Do Real Estate. For more details and a full photo tour, head here.

To receive new listings by email, or to schedule a viewing click here!

NELA Union is a Comparative Bargain

Zillow says that LA and Orange County are the least-affordable housing markets in the entire country right now (ouch), projecting that rents will only continue to rise in the coming year along with housing prices. Read the LA Times’ and Curbed LA’s coverage of the story and ask yourself: do you really want to keep plowing your money into paying someone else’s mortgage? Probably not. Which means the time to buy is now.

IMG_0831Lot #10 under construction. This 3-bedroom, 2.5 bathroom home has already been reserved at a sale price in the mid-high $500,000’s.

At NELA Union we’re offering beautifully designed modern homes in the heart of fast-rising Glassell Park. These residences are newly-built and warrantied from top-to-bottom for a full year, plus another ten years on the big stuff. With prices starting in the high $400,000’s, they are a comparative bargain in today’s market. Read this story on the EastsiderLA which breaks down what $550,000 buys you today in Glassell Park. Then come see NELA Union, where the combination of price, quality and design make this the best bang-for-your buck location on the Eastside, by far.

We’re on the web at nelaunion.com, or call us at 626-204-7109. Sales are being handled by Tracy Do Real Estate.

To receive new listings by email, or to schedule a viewing click here!