Congratulations to Our Friend Eric Garcetti, Mayor of LA

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Both candidates were outstanding, but for us, supporting Eric Garcetti was the clear and natural choice. His strong stewardship of CD13 has made Silver Lake, Echo Park, Atwater Village and Glassell Park some of the very best places to call home — and we would know. Having represented many clients in these neighborhoods, through hundreds of transactions, we’ve seen firsthand the growth, livability and rising property values.

Tracy Do Real Estate is proud to have co-sponosored multiple fundraising events for Mr. Garcetti. It’s been fun getting to know him, and we are certain that his warmth, intelligence and boundless energy will serve LA well into the future.

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1755 N. New Hampshire Ave. in Los Feliz

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List Price $449,000

1 bedroom • 1 bathroom

480 sf • 1,760 sf lot

Exclusively from Tracy Do Real Estate comes this small house with big upside; an extremely well located 1 bedroom + 1 bathroom residence with a generous yard, just steps away from Los Feliz Village.

Enter through the front gate into a private outdoor living room, a wonderful space to dine, entertain or simply relax.

Inside the classic 1920 California Bungalow is everything you need, in an efficient footprint utilizing every square inch. The bedroom, kitchen, living room and office all have windows allowing in abundant natural light. You really can have it all in this cozy residence; a great, vintage vibe just a block away from the shopping & dining of Vermont Ave. and the Barnsdall Art Park.

There are many more photos at 1755newhampshire.com

For a private tour, contact Tracy Do Real Estate.

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Prices Surged Last Month

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From Alejandro Lazo at the LA Times: “Homes sold at the fastest clip for (April) in seven years, as regular buyers and investors snapped up more than 21,000homes in the six-county region, real estate firm DataQuick reported Tuesday. That was a 4.1% increase from March and a 9.5% jump from a year earlier.” Full story here.

 

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“The Creek House”: 2431 Tesla Terrace in Silver Lake

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List Price $1,199,000

3 bedrooms • 2 bathrooms

1,790 sf • 5,382 sf lot

A beautiful new offering, exclusively from Tracy Do Real Estate. Profiled in the current edition of Country Gardens Magazine, this graceful French Chateau Style home is four blocks from Ivanhoe Elementary and just two blocks from the Silver Lake Reservoir.

The single-level house was built in 1928 and has been tastefully remodeled by its owners, one of them a professional designer. Bright, contemporary updates have left period details intact, with improvements in all the right places. And wait ’til you see all the storage space.

The private back yard is perfect for quiet moments, or entertaining on any scale. The front yard is highlighted by pathways, sitting areas and a pair of handmade wooden bridges traversing a nearly 50-foot-long stream, affectionately referred to as “Tesla Creek.” Said the owners, when asked about the home for a front-page profile in the LA Times Garden Section: “We created a space to escape city life, without actually leaving.”

For a photo tour and lots more info head to 2431teslaterrace.com

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Listen: LA Housing Market Tightens Up

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Inventory is down, heralding the return of bidding wars, all-cash offers… it can tough to be a buyer these days. On KPCC’s “Take Two” this morning, host Tess Vigeland spoke about the housing market with Chris Thornberg of Beacon Economics. Says Thornberg, “We knew this was coming. I just don’t think anyone expected it to be quite as dramatic as it has turned out to be.” Their 7-minute conversation is worth your time. Find it here, and be sure to click the “listen now” button on the left.

 

There are several takeaways here, among them the fact that in a tight marketplace like this you need a competitive edge. Put yourself in business with the people who will work hardest for you: the experienced, approachable and always professional team at Tracy Do Real Estate.

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