Below is a flyer for my new listing, 651 Imogen Avenue, Los Angeles, CA 90026, a 1,385 sq. ft. bungalow with 4 bedrooms and 2 bathrooms. The home seems larger than 1,385 sq. ft. after walking downstairs to another large room adjoining an even larger storage area. In addition, there are two storage sheds and a detached two car garage and a long driveway for parking. Located on a large 7,497 sq. ft. lot and zoned R-2, there are many opportunities to customize and increase the value of home as the home could be restored, updated, remodeled and/or expanded (i) to single family use consistent with the existing use or (ii) in a manner consistent with its original layout for two families as the home is equipped with two kitchens and 3 entrances/exits. The home could use some work so please be prepared to bring your contractor.
Priced at $619,000, this home presents an opportunity to own in Silver Lake below the median sales price and to customize a home to your liking. Please contact me for a showing or if you have any questions.
More details can be found here: http://mrmlsmatrix.com/Matrix/Public/Portal.aspx?ID=33609430138
Curbed recently noted that Silver Lake was the hottest real estate neighborhood in 2014 (http://la.curbed.com/archives/2014/12/silver_lake_was_las_hottest_real_estate_neighborhood_in_2014.php) with the median home sales price being $822,000, 56% of homes sold over asking prices, and homes in the neighborhood lasting a short 15 days on the market.