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My Pick of the Week! Original Hollywoodland French Normandy Revival

I’m a huge lover of vintage old Hollywood homes, especially in the French Normandy style.  I love this architectural style so much, that I also live in one.

Here’s one picturebook French Normandy Revival in Beachwood Canyon currently in the market.  Designed in 1924 by Hollywoodland’s famed architect, John De Lario, it is over 2,550 sq. ft., this spacious 4 bedroom, 4 baths, has a great floorplan.  

(I love dramatic turret entry, unique to the French Normandy architectural style).

Elegant spacious formal dining room with chalet style hand painted wood ceilings. Bright, updated kitchen features white granite counter-tops, abundant cabinetry, and dark slate tile.

(This grand living room has dramatic plaster curved ceilings, arched doorways, detailed moldings and  a fireplace). Read more

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New Listing! Home with upside in The Oaks!

I love this new listing from our Sotheby’s office that came on the market!  I previewed this home yesterday and see the potential of its greatness.

This Traditional Ranch home has not been on the market in over 30 years and it requires a special Buyer that “gets” it and has a vision and imagination to revive this home to its potential. 4 bedrooms, 3 baths, with spacious living room, dining room, den & a gym!  There is a nice flow to the house.

It is sited in the very desirable, The “Oaks” in Los Feliz bordering Griffith Park on a tree-lined cul-de-sac street, with its many celebrity neighbors.  This is one of those unique hillside homes with a large flat backyard, a pool and over 13,000 sq. ft lot.  A desirable combination to have in a hillside home, which isn’t always easy to come by.

If you have the vision and the imagination, and of course, the pocket book, you’ve got something really great here!

Read more about the wonderful Eastside neighborhood of Los Feliz.

CLICK here for other Los Feliz homes for sale here.

Traditional Ranch
5549 Green Oak Drive
Los Feliz, CA 90068

Built 1948
2,588 sq. ft.
13,758 sq. ft.

Listed price at $1,600,000

Courtesy of Daniel & Judy Carson w/ Sotheby’s

CLICK HERE FOR A SHOWING!

My name is Jeneen Oh and I love my Eastside LA neighborhoods. I live and work in The Eastside.
Give me a call at 323.493.4495 or email me at oh.jeneen@gmail.com with any real estate questions you may have!

 

Find homes for sale in Silver Lake, Los Feliz, Hollywood Hills, Echo Park, Highland Park, Glassell Park, Eagle Rock, Hancock Park, Pasadena, surrounding LA neighborhoods and beyond...

 

Read about your Eastside LA Neighborhoods in Silver Lake, Los Feliz, Hollywood Hills, Highland Park, Glassell Park, Echo Park, Eagle Rock, Hancock Park, Pasadena, surrounding LA neighborhoods and beyond... Find homes for sale in Silver Lake, Los Feliz, Hollywood Hills, Echo Park, Highland Park, Glassell Park, Eagle Rock, Hancock Park, Pasadena, surrounding LA neighborhoods and beyond... Find rentals and homes for lease in Silver Lake, Los Feliz, Hollywood Hills, Echo Park, Highland Park, Glassell Park, Eagle Rock, Hancock Park, Pasadena, surrounding LA neighborhoods and beyond...
Home ownership is a tax benefit.  Take advantage of your capital gains tax benefit! Read about real estate, architecture, art & cool events in Los Angeles. I believe in personal care from start to finish and a continual real estate relationship.
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November 2012 Homes Sold in The Eastside

Southern California home sales rose sharply in October as buyer joined investors, shifting the mix of homes selling up a notch as foreclosure resales hit a five-year low, according to DataQuick, a real estate research firm out of La Jolla, Ca.

The median price paid for a home rose nearly 17% from a year earlier, a real estate information service reported.  Last month’s sales were the highest for the month of October 2009, though they were 11.1% below October 1988.

The rise in prices, according to DataQuick was due to a higher demand, triggered by ultra-low mortgage rates compared to a lower supply of homes on the market.  Additionally, foreclosures were a smaller share of sales, while move-up homes are a larger share, raising the median price.

Locally, the median price for a single-family home mirrored this trend.  Median prices in the Echo Park area (90026) rose 16% in October – to $533,000 – compared to the same time last year. Read more

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My Pick of the Week! Restored Spanish Villa w/ no stone unturned

This just came on the market and it’s already in escrow!

3232 Primera Ave.

Hollywood Hills East, CA 90068

4 bedrooms, 4.5 baths
Almost 3,700 sq. ft.

Offered at $1,327,000

Magnificent Hollywood Hills classic California Spanish Revival completely restored from the ground up with no stone unturned. Sweeping flow, grand public rooms full of light, timbered ceiling living room with antique iron work & hardwood floors, Media, guest with bath, family room, superlative eat in kitchen with handcrafted wood & marble details. Read more

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The Pressure is high in Tinseltown: The Hollywood Sign undergoes a facelift

         

The Hollywood Sign wouldn’t be a true celebrity without a facelift.

The “HOLLYW” in the Hollywood Sign has been completely refreshed and the Sign’s makeover is on track to meets its December completion date, according to the Hollywood Sign Trust. Work started on October 2 (and we saw some of the letters stripped naked back in late October) on the first major makeover since the sign was installed in its current iteration in 1978. Workers have applied a stripping agent to dissolve the current paint job (up to five coats in some places), pressure washed the letters, then applied primer and two coats of Sherwin-Williams Emerald Exterior paint in High Reflective White (S-W is helping fund the project). The Trust says that “The vivid white finish is visible from a distance,” which it’d better be, because, you know, it’s a major landmark that everyone who comes to LA wants to see.

Courtesy of Curbed LA

Find homes for sale in The Hollywood Hills here!

CONGRATULATIONS to Eastside LA Lifestyle!
We just got our Own Hollywood Star
!

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Good News for Sellers! October home sales hit 3-year high; prices up 17% year over year

According Alejandro Lazo of The LA TIMES, the housing rebound stems from more people chasing fewer homes. Interest rates remain near record lows, luring buyers. And investors with cash have poured into the market.

Southern California’s real estate market bucked the typical fall slowdown last month, with buyers snapping up pricier homes and sales roaring up 18% over the prior month.

Sales hit a three-year high for an October, rising 25% from the same month last year. The median sale price for a Southland house last month was $315,000, equal to September and up 17% from October 2011, according to real estate research firm DataQuick.  Read rest of story here.

Here are the October 2012 SOLDs in The Eastside Neighborhoods of Los Feliz, Atwater Village, Silver Lake & Echo Park. Read more

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Rent Vs. Buy in Los Angeles

Owning a home in Los Angeles is the Ultimate Tax Shelter!

If you don’t own a Los Angeles home, you’re missing out on one of the best tax shelter available. The U.S. tax code heavily favors home ownership.

ADVANTAGES OF HOME OWNERSHIP:
• Your annual mortgage interest payments are a FULL write off!
• In the early years of paying mortgage payments, you are paying mostly your interest.
The good news is, you are writing off all these interest payments. These amounts can be quite substantial!
• In addition, you can write off your annual property taxes.

The 1997 Tax Bill
The largest advantage of Los Angeles home ownership is the generous capital gains tax exemption when you sell it.
• The 1997 tax bill allows you to keep up to $250,000 of the profit without paying any capital gains tax.
• So if you buy your home for $150,000, and in fifteen years you sell it for $400,000, you can keep all of the profit ($250,000).
• Joint returns allow you to keep up to $500,000 of the profit tax-free.

Read more

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Don’t hear the Rs? Eastside LA Hipsters create a NEW Hipster Accent

This past spring, amateur linguist (and Pasadena native) Sam Luddy did a survey of Southern California accents and found confirmation of a strange change going on in Northeast LA and other areas–young speakers are becoming non-rhotic, meaning they “don’t pronounce the ‘r’ sound at the end of a syllable” except when the next syllable or word starts with a vowel, as Luddy explains in an interview with LA Taco (this is one of the primary distinctions in English accents). The most famous non-rhotic speakers are in Boston, where they pahk the cah in Hahvahd yahd. Los Angeles speakers have always been rhotic, but back in high school, Luddy started noticing that the kids at rival Cathedral High School in Downtown had “startling” accents with dropped “r”s. When Luddy did his survey this year, he found that “Not only were a lot of the people I interviewed aware of [the non-rhotic change], for the first time I was encountering people talking like that who weren’t wearing Cathedral uniforms! Somebody in Echo Park called it a ‘hipster accent.‘”

Read more

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A secluded Colonial Revival atop the Los Feliz Oaks

 

Sitting high above the street at the end of a Cul-de-sac, this 2 story, 3 bedroom & 3.5 bath house embodies the privacy and serenity that’s adored in the hills. Read more
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SEPTEMBER 2012 SOLDS

Here’s another strong month of  SOLDS for zip codes 90026, 90027 and 90039, which are the Eastside LA neighborhoods of Silver Lake, Echo Park, Los Feliz and Atwater Village.

90026 Condominiums
1707 MICHELTORENA 314 $429,000
1083 W KENSINGTON RD 360,000
1121 WATERLOO ST B 145,000

90026 Single Family Homes
1867 LUCILE AVE $1,609,000
2412 ECHO PARK AVE 846,500
1441 N BENTON WAY 627,000
736 ROBINSON ST 560,000
1832 EDGECLIFFE DR 475,000
2957 LONDON ST 438,000
1539 AVALON ST 425,000
2006 PRESTON AVE 410,000
1432 WATERLOO ST 408,000
346 PARKMAN AVE 206,000 Read more

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