Special offer

Silver Lake, CA Real Estate News

                                           Don't wait to buy... ***MEDIAN PRICE ALL HOMES RISING IN SOUTHERN CALIFORNIA.                       Sales Volume          Median Price        All homes                                  Apr-09 Apr-10 %Chng Apr-09 Apr-10 %Chng Los Angeles       6,425 6,688 4.1%        $300,000 $329,500 9.8% Orange             2,391 2,669 11.6%       $380,000 $430,000 13.20% Riverside          4,469 4,117 -7.9%        $180,000 $195,000 8.3% San Bernardino 3,130 2,744 -12.3%       $138,500 $150,000 8.3% San Diego         3,375 3,292 -2.5%        $290,000 $325,250 12.20% Ventura           724 789 9.0% $340,000  $382,000 12.40%   SoCal   20,514 20,299 -1.0% $247,000  $285,000 15.40%   (Source: MDA DataQuick Information Systems, www.DQNews.com)  
Comments 0
If you are interested in the eastside of town, Silver Lake, Echo Park, Eagle Rock, Los Feliz, Mt.Washington, Hollywood and surrounding areas and want to keep up with what's happening culturally please join the group "silver lake los feliz events" and be kept in the loop. 63members and growing.
Comments 1
By Monique Carrabba
(The Carrabba Group/Keller Williams)
The rumor in Los Angeles is that it's the time to buy. Rates are low and may be going up sooner than later. My long time favorite area has always been Silverlake and Echo Park. The other day I was surprised to find my first home at 1521 Parmer Ave listed at $321,300. Wow! What a deal. I jumped in the car and showed it immediately, finding hordes of people scrambling around it. I purchased that home back in 1998 for a mere $210,000 and I sold it just a year later for nearly $300,000. Thus my obsession with real estate in Los Angeles was further fueled. I heard that house has offers close to $500,000 - over $150k above asking!!! At the height of the market it was listed for well over $600k with no takers, and it later became an REO (bank owned property). This made me further speculate. Ha...
Comments 0
By karen numme
(The Collective)
Report: Default notices fall 44.6% year-over-year in March   According to www.foreclosureradar.com It took banks 27.9 percent longer, or 225 days, to foreclose on a property in California last month than it did in March 2009, and 0.45 percent longer than it did in February, according to data tracked by foreclosure data company ForeclosureRadar.com. The foreclosure process is likely to take longer in the future, the report said, since banks delayed sending notice of trustee sale filings to borrowers until an average of 188 days had passed since the notice of default, up from 142 days in February. The pre-foreclosure inventory estimate fell 12.1 percent year-over-year in March. The inventory of bank-owned properties (REOs) in California dropped 26.5 percent year-over-...
Comments 0
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Moreno Highlands- Silver Lake's Prime Neighborhood Moreno Highlands is the residential section of Silver Lake on the west ridge of the hill overlooking the reservoir. The area was developed in the 1920's and 1930's, originally planned by silent film star Antonio Moreno and his oil heiress wife, Daisy Canfield to recreate the feel of a tile-roofed Mediterranean Village. The  Canfield-Moreno Mediterranean-style Villa set the tone for the neighborhood. Known as "The Paramour" this  22,000-square-foot, 22-room estate with pool and separate guest houses was built in 1923 and was the weekend party house for the high society and stars of the silent film industry. The estate is now a Los Angeles Historic Cultural Monument and used mainly as a filming location.  The Moreno Highlands has curving ...
Comments 2
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Sunset Silver Lake loft for sale at a great price    If you've lived in or been through the Silver Lake area in the last few years you are probably familiar with the Sunset Silver Lake lofts that were built in 2007.  In the heart of Sunset Junction, these live/work lofts were a welcome addition to the area.  A total of 43 architectural units grouped into 4 buildings, the units include commercially inspired kitchens with stainless steel appliances, stone countertops, tiled baths with large soaking tubs and inside laundry hookups.  Underground parking and gated entrance provides security to the residents.  Originally listed from $590,000 to $945,000 the Sunset Silver Lake Lofts are within walking distance to stores and restuarants in Sunset Junction like the Cheese store of Silver Lake . ...
Comments 0
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
New listing in Silver Lake-  Moreno Highlands traditional is sure to please If you've been looking for a home in the Moreno Highlands area of Silver Lake, your search may finally be over.  There have been very few homes coming on the market in this neighborhood lately and this one is truly a pleasure. This  three bedroom and two & a half bath traditional home has spacious living and dining room and spectacular views of the reservoir and hills beyond. You even get solar panels with this one, to help keep those electric bills at bay. All this and in the Ivanhoe Elementary School district as well! 2160 Moreno Dr., listsed at $1,199,000. If this is a bit more than you can afford but the Ivanhoe Elementary School District is important to you, you might like to see 2644 Ivan hill Terrace. Thi...
Comments 0
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Silver Lake California's Sunset Junction Silver Lake Calfornia's Sunset Junction is the place to be.  When people talk about buying real estate in SilverlLake, it used to mean "prime Silver Lake"- the area nearest the reservoir and the hills known as the Moreno Highlands.  That area is still plenty popular but the price of homes there can be pretty high. Over the past few years, another part of Silverlake known as Sunset Junction has become the hot topic. Sunset Junction is literally the place where Santa Monica Blvd. intersects with Sunset Blvd. The name is a carryover from the days of the old Los Angeles "red car line", Pacific Electric Railway Company's passenger service.  Rail service was discontinued in the mid 1950's but the Sunset Junction name stuck.  Silver Lake visitors and re...
Comments 9
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
New Silver lake Library Grand Opening on Monday, November 16 The wait is almost over! Yes, Silver Lake's new, LEED certified library is set to have its grand opening and ribbon cutting celebration on Monday, November 16 at 10:00am.  Special guests will include Los Angeles Mayor Anotnio Villaragosa, Los Angeles City Coucil President Eric Garcetti, Councilman Tom LaBonge and the Citiy Library Martin Gomez. If you can't make it to the ceremony on Monday morning, you'll have another chance to cebrate on the weekend.  The Friends of the Silver Lake Library who have been instrumental in getting this library built, are hosting a Silve Lake Community Open House.  This Celebration will take place on Saturday, November 21st from 10 am to 5 pm. There will be music, food, and fun for everyone. Park...
Comments 0
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
3 Bedroom, 2 baths in Silver Lake's Ivanhoe School District less than $520K? You'd love to buy a home in Silver Lake CA but what can you get in the $500,000. range that's more than 1,000 square feet, has 3 bedrooms and to top it off, is actually in Silver Lake's coveted Ivanhoe School District?  If you said "nothing", you're right that you're not going to find a house that fits that description but what about buying a Silver Lake condo?  If you've never considered it, this could be the perfect time. Condominium living offers all the benefits of home ownership, without the hassles of yard care or exterior maintenance.  You may think you want a big back yard and a grassy front lawn but do you really have the time or inclination to mow it, and how much would you actually use it? With Singl...
Comments 2
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Silver Lake CA's Moreno Highlands Streamline Moderne hits the market in Ivanhoe School District If you've been looking for a good sized home in Silver Lake California's Ivanhoe School District, your wait may be over. A 3 bedroom, 4 bath, home of 2600+ square feet just came on the market in Silver Lake CA. Located at 2336 Moreno Drive, this 1940 Silver Lake CA home was designed and built by noted architect Harry Hayden Whiteley.  It's one of few examples of Streamline Moderne architecture on this side of the Silver Lake Reservoir. The design emphasizes long horizontal lines and curving forms noted in the entry way and balconies. There is also the somewhat nautical feel expected in this architectural style found in the porthole -like windows and original magnesite spiral staircase.       ...
Comments 4
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
The Cheese Store of Silver Lake - A great place to shop  for cheese, wine and other tasty treats in Sunset Junction in Silver Lake   Sure, you can get a variety of cheese, wine and gift basket fare at Trader Joes, in Silver Lake, but for a true gastronomical experience, you should really check out The Cheese Store of Silver Lake. Chris Pollan, the store's proprietor, decided that after 25 years managing music tours, it was time for a change. He spent three years working with a friend at The Cheese Shop of Beverly Hills and decided he'd found his life long passion. So with a sense of adventure, he opened The Cheese Store of Silver Lake in November of 2002. It's pretty obvious from the crowds the shop gathers that this well kept secret is not such a secret any more! Most local folks are f...
Comments 3
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Silver Lake Real Estate Market Update: August 2009 Well priced Silver Lake real estate is selling relatively quickly.  There is not a particularly large inventory homes for sale in the area right now. The mls show the current active listing inventory to be only 37 homes. The follow chart shows Silver Lake Real Estate Market activity for the Month of August, 2009.   Now let's take a look at some year to date figures from January 1, 2009 through August 31, 2009. These figures are for single family homes in Silver Lake only and to not include Silver Lake condos or income properties. Silver Lake Home Sales Year-to-date from January 1st, 2009 through August 31, 2009 Number of Single Family Homes SOLD: 111 Highest price - $1,890,000 Median price -$735,000 Average price -$733,989 Lowest price ...
Comments 8
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Owning in a home is still the American Dream, but it’s tough to be able to afford your dream home right off the bat. If you are currently renting a 1 or 2 bedroom apartment in Silver Lake or Echo Park, do you really need a view mansion in the Hollywood Hills to live comfortably? Why not start off with an income property instead of a single family home and stop throwing money away on rent? As long as you buy 4 units or less, you can still qualify for conventional financing. Beautiful, but does this have to be your FIRST home? Not to be one to give advice I wouldn’t take myself, this is exactly what my husband and I did when we bought our first property. We wanted to live in Silver Lake and realized that rentals near the Silver Lake Reservoir were commanding great rents. Why not buy ourse...
Comments 2
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Silver Lake Wine is a great place for wine tasting, meeting and mingling in Silver Lake   Opened in 2004, Silver Lake Wine seems to be going strong and its following is steadily growing. I wanted to stop in for a bottle last weekend and couldn't find a place to park! That's what happens if you don't make a reservation for one of their very popular tastings. An unpretentious little neighborhood wine shop, Silver Lake Wine is located around the corner from Silver Lake Reservoir and just up Glendale Blvd from where the new Silver Lake Library is being built.  They carry a variety of wines from all over the world and have recently added liquor to their offerings. The store is owned and operated by Geooge Cossett, Randy Clement and April Langford and the focus on small production, high quali...
Comments 0
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Caldron Kitty in Silver Lake for witchcraft, pagan and spiritual supplies I've seen a lot of movies and TV show that have stores where you can buy notions and potions, spell books and ingredients like "eye of Newt", but I was surprised to find we have our own witchcraft supply store right here in Silver Lake! Caldron Kitty sells ritual tools and supplies, hand crafted wood and crystal wands, chalices, jewelry and a great line of hand poured candles.  This Silver Lake shop hosts classes and public rituals, provides Tarot card, Runes and Ogham readings and complete astrological chart- no new age stuff but serious witchcraft!  Lest you think this is some sort of gimmick; the knowledgeable staff actually helps patrons with magic and guidance in spell work.            I had driven by this Si...
Comments 2
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
The Edendale Grill in Silver Lake - dinner and drinks in a restored  1920's fire station Back in the days of silent films, Hollywood had yet to be born as "the movie capital of the world". At that time, the keystone cops and westerns were being filmed in parts of  Echo Park and Silver Lake once known as Edendale. It was here that trick rider and silent western star Tom Mix  filmed his first of many movies in 1910, later developing Mixville- his 12 acre western town and movie Studio. Not much is left of Edendale but a few buildings that still carry the name such as The Edendale Branch Library and  Edendale Post Office in Echo Park and The Edendale Grill in Silver Lake located just down the street from where Tom's Mixvill once was.   The Edendale Grill opened in 2002 by Patti Peck and Mel...
Comments 0
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
The Cheese Store of Silver Lake – A great place to shop  for cheese, wine and other tasty treats in Sunset Junction in Silver Lake   Sure, you can get a variety of cheese, wine and gift basket fare at Trader Joes, in Silver Lake, but for a true gastronomical experience, you should really check out The Cheese Store of Silver Lake. Chris Pollan, the store’s proprietor, decided that after 25 years managing music tours, it was time for a change. He spent three years working with a friend at The Cheese Shop of Beverly Hills and decided he’d found his life long passion. So with a sense of adventure, he opened The Cheese Store of Silver Lake in November of 2002. It's pretty obvious from the crowds the shop gathers that this well kept secret is not such a secret any more! Most local folks are f...
Comments 10
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
 Sunset Boulevard Nursery supplies plants and garden supplies to Silver Lake and Los Feliz Homeowners as well as folks in Hollywood, Eagle Rock and surrounding neighborhoods. If you live in Silver Lake, Echo Park or Los Feliz, you may still be driving to Hollywood to Orchard Hardware Supply or Home Depot for plants and garden goodies.  Could it be that you didn't realize we have our own great little nursery right at the cusp of the Silver Lake - Los Feliz Border?  Sunset Boulevard Nursery, owned by Dennis Kuga, has been operating in Silver Lake for 46 years and is a great place to go for plants, pots, pond supplies and expert advice.     Sunset Nursery is located at 4368 Sunset Blvd., just north of Fountain.  Actually, their small parking lot is located on Fountain, just south of Sunset...
Comments 6
By Jenny Durling, For Los Angeles real estate help 213-215-4758
(L.A. Property Solutions)
Fandango Salon - The best place in Silver Lake to get your new do and a new you!  Whether you've lived in Silver Lake for years or you are new in town, there's a good chance that you have never heard of this terrific little  Salon.  It's a bit hard to find that first time, tucked in behind El Conquistador Mexican Restaurant. The actual street address for Fandango Salon is 1601 Griffith Park, Blvd. There is a small lot behind to the right of the building and street parking is available as well. Fandango Salon is the brain child of owner and hair stylist/colorist extraordinaire, Barbara James.  Barbara opened the salon in May of 2001 in the cool blue art deco building in the Silver Lake Triangle.  (For those of you not in the know, the Silver Lake Triangle is that little park off Sunset w...
Comments 0
Explore Silver Lake, CA
Silver Lake, CA Real Estate Professionals