Updated, Renovated & Resuscitated Listings

Check the specs on these updated, renovated & resuscitated listings all in and around the West Adams area!

Interested buyers contact me, Natalie Neith, at 323.317.9696 or NatalieNeith@gmail.com to set up a showing...these beauties won't be around for long...

Click each pic for more property photos!

2324 S La Salle Ave, Los Angeles 90018

$449,000

MLS #12-582677

3 BR, 3 BA built in 1912

APX SF: 2,016/AS

APX LSZ: 5,793/AS

REMARKS:  EXQUISITE CALIFORNIA CRAFTSMAN HOME THAT HAS BEEN TASTEFULLY UPDATED AND REMODELED WITH THE HIGHEST QUALITY! 3 HUGE BEDROOMS (2 MASTER BEDROOM SUITES EACH W/ BATHROOM). 3RD BATHROOM WAS ADDED WITH PERMITS! CUSTOM CABINETRY, GRANITE COUNTERS & BEAUTIFUL FIXTURES THROUGH-OUT! GORGEOUS NEW HARDWOOD FLOORS (NOT PERGO) NEW FRENCH STYLE VINYL WINDOWS!! ALL NEW ELECTRICAL 200 AMP SERVICE & WIRING, NEW COPPER PLUMBING & MUCH MORE!! DETACHED 1 CAR GARAGE. HUGE CORNER LOT W/ WROUGHT IRON FENCING! PROFESSIONALLY LANDSCAPED W/ NEW SOD & MORE!

1815 Crenshaw, Los Angeles 90019

$525,000

MLS #12-583329

5 BR, 3 BA built in 1912

APX SF: 3,008/VN

APX LSZ: 8,320/AS

REMARKS:  This house is a rare find. All original wood work still in tact. Huge family room with wet bar. Spacious living room and formal dining room. Study,with fireplace and library. Wood floors in excellent condition throughout the house. Bonus room upstairs adjacent to one of the bedrooms. Large balcony, big back yard. Property is zoned for commercial and residential use. PROPERTY SELLS AS IS - NO EXCEPTIONS - PRICE REDUCED TO SELL

1739 Bronson St, Los Angeles 90019

$489,990

MLS #IV12132377MR

6 BR, 3 BA built in 1913

APX SF: 3,000/ES

APX LSZ: 6,550/PR

REMARKS:  STANDARD SALE!!!**NOT AN REO OR SHORT SALE**STANDARD SALE!!!**CONVENTIONAL, FHA AND VA WELCOME!** CENTRALLY LOCATED BETWEEN LA & BEVERLY HILLS!!! BEAUTIFULLY RENOVATED 6 BED 3 BATH HOME APPROX 3000 SQUARE FEET W/A 2 CAR DETACHED GARAGE ON A 6550 SQUARE FOOT LOT!!! MOVE IN READY WITH ALL THE UPGRADES. TERRIFIC 2 STORY HOME (WITH PERIMETER FENCE)!!! THIS HOME HAS NEW INTERIOR AND EXTERIOR PAINT, GRANITE COUNTER TOPS IN KITCHEN W/GRANITE IN THE BATHROOMS, NEW FIXTURES, CEILING FANS, SINKS, TILE FLOORING, UPGRADED PLUSH CARPET, ETC!! A PERFECT SIZED FRONT LAWN AND PLENTY OF ROOM IN THE BACK YARD FOR ENTERTAINING. HOME IS ON A QUIET STREET AND NEAR THE 10 FREEWAY WITH EASY ACCESS. READY TO MOVE IN. PRICED TO SELL, THIS HOME WILL NOT LAST. BUYER (S) TO VERIFY ALL INFO FOR ITS ACCURACY. (APPLIANCES WILL BE INSTALLED PRIOR TO CLOSE OF ESCROW)

2284 W 28th St, Los Angeles 90018

$349,000

MLS #12-629643

2 BR, 1 BA built in 1907

APX SF: 1,305/AS

APX LSZ: 5,000/AS

REMARKS:  Absolutely adorable Craftsman bungalow in the Bungalow neighborhood of Historic West Adams. The restored home features a spacious and open living and dining rooms, new cook's kitchen with granite counter tops and a separate breakfast area, 2 well sized bedrooms, a newer bathroom, laundry area as well as a bright sun room that may be in addition to the quoted square footage. Upgrades include copper plumbing, updated electrical, newer roof, new exterior paint and new landscaping. The garage is a great home workshop with plumbing. This is a charming as it gets and ready to move into. Property is located within the Jefferson Park HPOZ.

The Congressional Clock Ticks Toward the Cliff

As Congress rapidly approaches the unfortunately named 'fiscal cliff,' with its military and domestic budget cuts ('sequestrations') and threat of double-dip recession, we in the real estate biz are reminded of the dire implications for millions of distressed homeowners and the housing market as a whole. With the balance of power virtually intact post-election, the way forward toward compromise seems as muddled as ever. Meanwhile, 50,000 homeowners go through foreclosure each month and short sales have ballooned to almost 500,000 a year.

Perhaps the most important housing issue in this debate is one we've touched on before: the Mortgage Forgiveness Debt Relief Act. Should this be allowed to expire, homeowners going through foreclosure, short sale or principal reduction will have to pay income tax on the forgiven portion of their mortgage. The National Association of Realtors supports an extension of the bill and says all interested parties agree that it's good policy. "The hold up is in the process. I'm confident it will get done. I just don't know how," says Jamie Gregory, NAR's chief lobbyist. Cold comfort as the clock winds down...

The NAR has also been critical of the Simpson-Bowles commission and its recommendation to streamline the tax code by revamping the mortgage interest deduction (MID) to only include principal homes worth up to $500,000. Any changes to the MID could depreciate home prices by up to 15%, according to NAR, and the association has promised to "remain vigilant in opposing any plan that modifies or excludes the deductibility of mortgage interest."

Nice to know someone's looking out for the interests of the housing market, which were all but ignored during the election. Let's hope some kind of consensus can be reached without doing further damage or compromising the slow-but-steady housing rebound!

RELATED ARTICLES:

Right away, housing challenges for Obama | Inman News | November 7, 2012

Tax break for struggling homeowners set to expire | CNNMoney | Les Christie | November 7, 2012

6 Tax Facts For Home Sellers

Courtesy of the California Association of Realtors and the IRS...

New Listing: 1659 S Hobart, Harvard Heights

BEAUTIFULLY RESTORED A FEW YEARS AGO, THIS VINTAGE FOURSQUARE COLONIAL IS GETTING SPIFFED UP AND WILL BE READY FOR HER CURTAIN CALL SOON! AMPLE FRONT PORCH, CENTER HALL FLANKED BY DOUBLE PARLORS, FORMAL DINING ROOM--JUST BEGINS TO DESCRIBE THIS BEAUTY! UPDATED KITCHEN, BIG BUTLER'S PANTRY, MAID'S ROOM/OFFICE, 1.5 BATHS ON FIRST FLOOR. SECOND FLOOR OFFERS 4 BEDROOMS, 1 BATH, ENCLOSED PORCH AND GREAT VINTAGE DETAIL! AND THERE'S A BARN IN THE BACKYARD!

2616 Dalton Ave In Escrow!!!

Recently opened escrow on this beautiful property, but we're still looking for backup offers!!!

Specs: Historic exterior, totally redone & updated for the discriminating buyer-- 3 BR, 2.5 BA, new roof, foundation, wood floors, gorgeous kitchen, marble counters in beautiful baths, HUGE den/family room, with banks of windows overlooking deck with big tree in the middle! That's not all--central heat & air, new plumbing, electric, garage off the adj. alley, fully landscaped in the heart of Historic West Adams.

2616 Dalton Ave Price Reduction!!!

The deal on this authentically restored & completely updated 1904 craftsman beauty just got even better...now only $449,000, a $20,000 reduction!

The time is now to make an offer on your own personal slice of revitalized LA history!!!

Specs: Historic exterior, totally redone & updated for the discriminating buyer-- 3 BR, 2.5 BA, new roof, foundation, wood floors, gorgeous kitchen, marble counters in beautiful baths, HUGE den/family room, with banks of windows overlooking deck with big tree in the middle! That's not all--central heat & air, new plumbing, electric, garage off the adj. alley, fully landscaped in the heart of Historic West Adams.

Click the image below for a photo tour!

Deconstruction Over Demolition at Wilshire Grand

It's deconstruction over demolition at the Wilshire Grand. Phase one of 'soft demolition' has begun, which includes taking down non-load-bearing walls and eliminating hazardous materials. Next month brings phase two and the heavy machinery, complete with two giant cranes hoisting smaller, tractor-like vehicles to drill through concrete walls and platforms, dismantling the Grand floor-by-floor. When the building is reduced to street level by late next Spring, phase three begins with excavation of the existing foundation and underground infrastructure, a sensitive phase as crews are careful not to expose the nearby Seventh Street Metro Subway tube.

The choice of deconstruction seems a wise one overall, especially to those of us who frequent DTLA, with the triple threat of street closings, falling debris and noxious dust outweighing the broad-spectrum appeal of a good explosion. Chris Martin, architect and overseer on the project, made the call against outright demolition, disappointing pyromaniacs city-wide. He's interviewed by Ryan Vaillancourt of LADTNews here.