Despite what many buyers think, people are buying. And buying real estate in Silver lake is as competitive as maybe dare I say, 5 years ago. Silver Lake Homes and Echo Park Homes priced below $700,000 are moving. And while some buyers are quite active and know the competition for Silver Lake real estate is fierce, others are still in disbelief and are waiting for the perfect home, at the perfect price and the perfect location. I’ll be honest with you. There are 100’s of ready and willing buyers with the same desire to purchase a home in Silver Lake and Echo Park. My advice. Be ready to see a home ASAP, some sellers aren’t going to wait and see how many offers comes in. They’ll many times take a strong offer, even if it’s one of the 1st few. as fast as you want to buy it. Many times they are just as ready to sell it and move on fast as well. Here is a few recent homes in Silver Lake and Echo Park that have just closed escrow.

2209 BERKELEY AVE , LOS ANGELES ,CA   90026 :: List Price: $599,000

3 + 2 :: 1228 square feet of living space :: Days on Market: 10 :: Sold Price: $582,500

 3031 CASTLE ST , LOS ANGELES ,CA   90039 :: List Price :: $569,000

1+ 1 :: 748 square feet of living space :: Days on Market: 38 :: Sold Price: $527,000

                                Contact Me anytime with any questions :: HotLAHomes@gmail.com

Echo Park Real Estate brings in this new listing to the market. Although it’s cute and appears to have really nice outdoor space, this Echo Park Home is tiny. Approaching $700 a square foot ($697). Location is everything in Los Angeles, and certainly holds true for the Echo Park Real Estate market. And what do does $419,000 get you? 601 square feet of living space, many original details, privacy, as it’s perched high up on Lake Shore, and what else? A BAR! Yes a bar, perfect for entertaining and relaxing. Also perfect for those accidental 50 foot falls when you’re drunk, so be careful. My verdict: It’ll sell. Almost everything sells in this market, lower prices and great interest rates create the perfect time to buy. And this Echo Park Home is no different.

2310 LAKE SHORE AV , Los Angeles 90039  Listed at $419,000 ***Contact me to see this home or if you need any help***

Hitting the market this week is this charming Echo Park Spanish Bungalow. Located North of Sunset in a nice pocket of Echo Park. This Echo Park Home and has been given more then just a face lift. New hardwood floors, air/heating system, kitchen, electrical and plumbing are just a few of the details that have brought this Echo Park Bungalow back to it’s original charmig self. And I bet it will bring offers in by the dozens…what do you think? I think it’ll sell well above list in the high $400’s. This Echo Park flip was sold in February 2010 for the slim price of $215,000 according to public records.

2122 VESTAL AV , Los Angeles 90026

2 Bedrooms + 1 Bath ++++List Price $399,000++++Call or E-Mail to see this Echo Park Bungalow Today…

829 MALTMAN AV , Los Angeles 90026 

This Spanish Silver Lake Bungalow just closed escrow. It’s a property I’m very familiar with. It’s a complete and total fixer. But it’s location gives it a great deal of potential. It’s located near Sunset Junction and backs up (elevated) to Bellevue Park. The new owners are gearing up to gut this one and bring back this Silver Lake home to it’s original charm. Keep checking in on this one as it is a work in progress.

2 Bedroom 2 Baths and over 950 sqft of living space, just sold for $296,500++++++Contact me for more details or any questions HotLAHomes@gmail.com++++++

1617 EDGECLIFFE DR , Los Angeles 90026  

This Silver Lake Bungalow  just closed. Located near Sunset Junction, and just North of Sunset. This property was rehabbed inside and out. And here are all the stats.

2 Bedrooms + 2 Baths/Square Feet: 859/Lot Size:3963

List Price: $639,00

Sold Price:$607,000 or a hefty $706 a square foot…The Silver Lake Real Estate Market is alive and seemingly well.

A new Echo Park bungalow has hit the market this week. Adjacent to Elysian Park, this 1920’s Echo Park Bungalow still has lots of it’s orginal charm. Amazing outdoor living space. If you are in the market for an Echo Park home I think this is a well priced home that offers 2 bedroom and 1 bath. For more info or to schedule an appointment to see this home or other Echo Park or Silver Lake Homes, contact me anytime at HotLAHomes@gmail.com

1457 Avon Terrace, Echo Park 90026 offered at $$525,000

Echo Park Home Report

What did it sell for?

2339 Vestal Ave in Echo Park  has recently closed escrow. This Echo Park Home was listed at $399,900. A major fixer described in the MLS as a “diamond in the rough”. This appears to a major restoration project. Built in 1901, many of it’s original touches still remain. Hopefully the new owners will bring back and revive this Echo Park Home to it’s orginal style. How much did this one sell for?

2339 Vestal Ave, Echo Park 90026

3 Bedrooms 1 Bath 1869 sqft of living space (total fixer)

List Price: $399,900 Sold Price: $401,000 (cash)

3031 CASTLE ST , Los Angeles 90039  

1 Bedroom 1 Bath

748 sqft of living space 2308 sqft lot size

Price tag: $569,000

Just hitting the Silver Lake Real Estate Market is this cute little bungalow. Referred to as “cozy”, this little home has 748 sqft of living space and a hefty price tag of  $760.00 a square foot! Great location and has lots of charm…Contact me for additional info HotLAHomes@gmail.com

Echo Park Craftsman-Circa 1909

This restored Echo Park Craftsman has been on the market for about 3 weeks. It is a turn-key craftsman full of upgrades and the lovely original charm still is very much alive. I’ve passed by it a few times this week, and have only gotten a glance at it, as it sits on Alvarado.

1421 N ALVARADO ST , Los Angeles 90026 

2 Bedroom 1.5 Baths

1036 Square Feet of Living Space

List Price: $529,000

For additional info or questions you can always contact me at HotLAHomes@gmail.com or 626.926.3995

Silver Lake has a hot new listing in the Silver Lake Neighborhood of Sunset Junction. This charming turn-key 1920’s Bungalow is displaying it’s old charm and yet has all the modern amenities for today’s Silver Lake Home Buyer.  Beautiful home.

4125 GATEWAY AV , Los Angeles 90029       

2 Bedrooms 2 Baths 1120 Square Feet of Living Space

List Price: $499,000

For additional information please contact me at: HotLAHomes@gmail.com or 626.926.3995