I sure hope so. It's a good thing that they are doing to return a concrete river back to it's original state.
Lets go buy & sell some real estate.
Albert M. Goldberg Broker
Thirty Plus Years Experience
Residential real estate prices are rising as well in Elysian Valley (Frogtown) but not without some culture clash, since long time residents resent the recently added Bicycle Path along the River there and its negative impact upon local pedestrians walking and fishing along the River. In addition, Elysian Valley is currently a shopping desert - residents must drive/bus to other areas for virtually all their grocery, transportation and lifestyle needs.
In addition, there is some concern that the popularity of the Bike Path and the Pilot Paddling Program will bring more outside visitors into Elysian Valley, negatively impacting its current high affordability factor, quietness (except for freeway hum) and community feeling.
Thus, at this point, it's a mixed bag what the future will bring, especially since most of the LA River Revitalization Master Plan implementation is currently unfunded.
For more information on the current NELA Corridor Study, visit http://www.mylariver.org.
As a current member of the EPA Los Angeles River Federal Partnership Pilot Program, I follow LA River corridor real estate extensively. Feel free to contact me if I can be of assistance to you in selling or buying LA River adjacent property.
Broker Associate 01142186
Thank you very much for your Thumbs Up !!!!
If I ever can help you, a friend, associate or family member for any and all possible real estate needs,
don't hesitate to call, text, or email us.
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Albert Maxwell GOldberg Broker
"Making Real Estate Fun"
30+ Years Experience
Broker Associate #01142186