Alison Blogs NELA

9 02, 2014

What to Look for in a Fixer Upper

By |February 9th, 2014|Real Estate Blog|0 Comments|

Competition in Northeast LA is steep for buyers and lately my clients have been looking seriously at fixers and weighing their options as to what would make a good investment. I am sucker for a good fixer – I have bought two and I’m always on the lookout for properties that have major value increase potential. Most people think when they buy a house that they are going to live there for a very long time, but on average people (first time home buyers especially) tend to stay in their home for 3-5 years before deciding to sell. Here are my tips for what to look for when considering a fixer upper and what will get you the most bang for your buck when you eventually sell.

LOCATION: You can’t move a house (okay… that is not entirely true, but the odds are you aren’t going to be doing it anytime soon). A great location means even if you do nothing to improve a house over the years you own it, when you go to sell you are going to have gained value and hopefully sell at a profit.

LAYOUT: A bad layout is hard to change without serious remodeling- and that means serious $$. If the layout of a house makes sense and flows the way most people live – then even if it is trashed or needs serious updating, it will be a great house once the immediate updates are made and for whoever the next owners will be when you go to sell.

CHARACTER: You can build in character to a house, but it is never the same as homes with original character. That has value and always will – especially in a city [...]

7 01, 2014

Adorable Mt. Washington Bungalow!

By |January 7th, 2014|Real Estate Blog|0 Comments|

Happy New Year! The Holiday real estate slump is starting to dissipate and new properties are finally coming available. This adorable bungalow is one of them! Nestled in the Mt. Washington hillside, this sweet little cottage is small, but packs a big punch. It has a wood burning fireplace and enormous outdoor living spaces and potential. Plus basement storage and a two car garage – oh and did mention it is in Mt. Washington Elementary School? Who’s interested?!

 If you’d like to see this property or any others contact me at agilbert@bhhscal.com or 323.671.1226!

Listing courtesy of Kelly McGowen – WISH Sotheby’s International Realty

This property is available as of 01/07/2014.
Alisonproperties.com can not guarantee the availability of this property after the date listed above.

 

 

25 11, 2013

Mid Century Modern Dream Home – Fixer Edition

By |November 25th, 2013|Uncategorized|0 Comments|

Just came across this amazing house in that Eagle Rock/Glassell Park hybrid area east of the 2. This house needs work, don’t get me wrong, but the bones are there people… the BONES. ARE. THERE. At this price and with this square footage – it could be that gem that got away. Let’s look at the photos shall we….

Some of you probably thinking to yourself, “OMG, this place is  hot MESS!” You’d be right… but just look at that beamed ceiling, those windows, the original sliding cabinet doors in the bathroom, the double entry doors. Get yourself a contractor (or DIY!), rip up that carpet, paint up those walls and bring this beauty back to life! But if you’re seriously interested, you’ll have to get in touch fast – all offers are due November 27th!

2862 Palmer Drive  is 3 bedrooms and 2 bathrooms, 1469 square feet  and is listed for $499,000

If you’d like to see this property or any others contact me at agilbert@prula.com or 323.671.1226!

Listing courtesy of Sky Minor, Preferred Realty and Loan.
This property is available as of 11/25/2013.
Alisonproperties.com can not guarantee the availability of this property after the date listed above.

10 07, 2013

Hot Market!

By |July 10th, 2013|Real Estate Blog|0 Comments|

By now you’ve heard the stories of properties selling way over their asking prices, and you’ve no doubt read about these properties on various Realtor blogs and CurbedLA. But just how high are houses selling for these days? Here is a collection of homes that have sold in the last month all $100,000 or more over the asking price!
Highland Park
5830 Buena Vista Terrace – - – Listed for $799,000 – - – Sold for $920,000

Eagle Rock

5135 Hermosa Avenue – - – Listed for $549,000 – - – Sold for $650,000
Silver Lake

1847 Westerly Terrace – - – Listed for $849,000 – - – Sold for $1,057,000
Glassell Park

2000 Panamint Drive – - – Listed at $799,000 – - – Sold for $900,000
Mt. Washington

3622 Tacoma Avenue – - – Listed at $899,000 – - – Sold for $1,000,000

 

Need interior inspiration for your home? Follow me on Pinterest!

If you need help finding the house of your dreams or have any other real estate related questions contact me at agilbert@prula.com or 323.671.1226!

All images from TheMLS.com

 

 

19 06, 2013

Fixer Alert!

By |June 19th, 2013|Real Estate Blog|0 Comments|

Tuesday is Broker Caravan day and today I saw one helluva house in Mt. Washington. No seriously, this place was massive and had the largest deck I have ever seen in Los Angeles (over looking the most phenomenal canyon view!). 717 Danforth Avenue really has the potential to be spectacular in so many ways. It is up on Mt. Washington right behind the elementary school on a really great street. It has some really cool ’70′s architectural features-  diagonally laid wood paneling, angled walls and ceilings and exposed wood beams. The thing is – it is really stuck in 1978 and not in an ironic way. It needs all new flooring (most buyers these days aren’t into marble tiled floors), and completely new bathrooms and kitchen. But the bones are there my friends… the bones are there:

 

It won’t be a project for the faint of heart and maybe it takes a little imagination to see what it could be, but for the buyer that wants to create a home of their own and needs/wants loads of space a beautiful view and a phenomenal public elementary school – my advice is snatch this place up before it runs away!

If you’d like to see this property or any others contact me at agilbert@prula.com or 323.671.1226!

 

Listing courtesy of Brian Moore – Prudential California Realty – Los Feliz.

This property is available as of 06/18/2013.
Alisonproperties.com can not guarantee the availability of this property after the date listed above.

13 06, 2013

Local Bits of Cool: Silver Lake Backyard Amphitheater!

By |June 13th, 2013|Real Estate Blog|0 Comments|

LA is filled with folks involved in the entertainment industry, and maybe it’s because we live in such an entertainment saturated city that there is a distinct lack of community oriented theater/film productions and events. We don’t have “community theater”, we have Hollywood! But if you’re looking for a fix of locally produced and community oriented “salon”-type performance – look no further than Roger Wolfson’s home-made backyard amphitheater in Silver Lake!

Roger’s gatherings are free of charge and open to anyone – bring a blanket, a picnic basket and enjoy a summer night performance outside! Recent events have included a performance of Shakespeare’s “Much Ado About Nothing” by the Colonial Shakespeare Company, screening of the documentary “Rock the Boat” (about the LA River) and “Dumbstruck” (about the world of ventriloquism), and concert by the LA based “Magnolia Memoir”. So far only one neighbor has complained and Roger plans to work on accommodating them. He is now limiting the events to 3 times a month and attendance is capped at 110 people!

Interested in finding out about Roger’s next event? Sign up for the amphitheater mailing list on his website!

 

If you need help finding the house of your dreams or have any other real estate related questions contact me at agilbert@prula.com or 323.671.1226!

All images linked to their sources

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11 06, 2013

Local Bits of Cool: Mid Century Bomb Shelter?!

By |June 11th, 2013|Real Estate Blog|0 Comments|

Although I am little late on this story, I just read about it today and it is too cool not to re-post! Apparently a Southern California couple, Chris and Colleen Otcasek who recently closed on a home in Woodland Hills, discovered this untouched fallout shelter 15 below the ground on their property. The bomb shelter was completely preserved from the 1960′s when it was built and stocked with survival necessities by the property’s owner at that time. Take a look at the photos below – like walking into a time capsule . . . literally!

Pretty cool, right? What would you do if you found a fallout shelter on your property? Would you preserve it like the Otcasek’s or turn it into something else?

 

Need more inspiration for your home? Follow me on Pinterest!

If you need help finding the house of your dreams or have any other real estate related questions contact me at agilbert@prula.com or 323.671.1226!

All images linked to their sources

 

7 06, 2013

Outdoor Spaces: Yard Envy

By |June 7th, 2013|Real Estate Blog|0 Comments|

The summer is officially upon us and as my family works on pretty-ing up our yard and making it ready for parties and play dates, these are some of the images that are inspiring some outdoor design elements:

 

Need more inspiration for your home? Follow me on Pinterest!

If you need help finding the house of your dreams or have any other real estate related questions contact me at agilbert@prula.com or 323.671.1226!

All images linked to their original sources

6 06, 2013

Bright, Spacious, and Move-in Ready!

By |June 6th, 2013|Real Estate Blog|0 Comments|

So let’s talk about Glassell Park for a sec… no one ever calls me and says, “Hey, I am looking for a house and I really want to buy in Glassell Park!”. It always seems to be one of those afterthought neighborhoods after areas like Silver Lake and Highland Park have been picked over or eliminated for other reasons. Bordering Eagle Rock, Mt. Washington and Glendale, GP has hillside neighborhoods, beautiful views, some great mid-century modern architecture and the phenomenal Delevan Elementary School. Glassell Park is really right in the middle of everything NELA has to offer and just northeast of Silver Lake!  So listen-up home buyers, Glassell Park is the place be – especially when you consider this new listing on 3638 Lavell Drive. Yes, it has all the trappings of the typical flip – Carerra marble kitchen/bathrooms, “hand scraped” engineered wood floors, freshly laid sod in the backyard, you get the drift.  But guess what – it’s still awesome! Fantastic layout for families, people who like to entertain, work-from-homers, you name it. For $738,800 you can get over 1500 square feet, 2 bedrooms plus office, 2 bathrooms, tons of liveable outdoor space, a two car garage, and a view! Take a look for yourself:

If you’d like to see this property or any others contact me at agilbert@prula.com or 323.671.1226!

 

Listing courtesy of Holland Ashrafnia – John Aaroe Group.
This property is available as of 06/5/2013.
Alisonproperties.com can not guarantee the availability of this property after the date listed above.

30 05, 2013

What Did It Sell For?

By |May 30th, 2013|Real Estate Blog|0 Comments|

1702 Lucile Avenue came on the market in on April 2nd at a list price of $689,000. The property is a fantastic mid-century style with 2 bedrooms and 1 bathroom in 1,325 square feet – on a 2,830 square foot lot. If you’ve been looking at real estate for a while (like me) you know that 2,830 square foot lot is quite small – most average sized lots are between 4,500 and 5,500 sq. ft. The house sold in 8 days for $762,000 – $73,000 over the asking price! It is adorable and in a great Silver Lake location… check out the photos:

This house got tons of traffic and a lot of interest… and as expected went well over the asking price. It is truly adorable – but definitely needs some updating. What are your thoughts?
If you need help finding the house of your dreams selling your property or have any other real estate related questions contact me at agilbert@prula.com or 323.671.1226!

 

Listing courtesy of Ernesto Ramos, Keller Williams Downtown LA