I would say that is probable accurate in my area rents have been going up aggressively the past 2-3 years, now that the real estate market is starting to come back it would make sense for the rental market to level out.... more
The pilot program and related recevelopment along that section of the Los Angeles River program will definitely be positive for commercial real estate in that corridor, especially along Blake Avenue, in Elysian Valley where prices are already rising.
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
It really depends on what kind of house you're looking at. I would consult with a contractor, not an agent, but estimates can be between $120 - $250/square foot in my experience. Are you looking for any special fixer uppers? I can help you find something that is worth remodeling, rather than building from ground up. Let me know if you're interested.
8700 Reseda Blvd., Suite 213-B
Northridge, California 91324
(818) 967-9626 mobile
(818) 979-0226 fax
However, this property accepted an offer on 12/30/12 and is currently in escrow.
Currently in the same building, there is one active property being offered for sale and 3 are available for rent.
Please feel free to contact me at (310) 717-1321 or JamieTian@RodeoRE.com if you have any questions or concerns or would like me to send you a list of available properties for sale in your area at no cost!
DRE #01920120... more
Tarzana is prime real estate, the last thing we need is more government to get involved. Whoever posted this question must have randomly picked a place without knowing anything about Tarzana. There are parts of the San Fernando valley that can use local boosts, not here.... more
Right now must of the hold up in the release of inventory is a legal matter. The top real estate lenders - BofA, Chase, GMAC and a few others are on hold pending the outcome of recent legal actions under the Home Buyer's Bill of Rights. In fact, an Attorney on behalf of a home owner was able to successfully secure an injunction against BofA due to a dual-tracking violation.
Under several program BofA is beginning to release its inventory throughout LA County. Give me a call, I can get you qualified and referred to the agents handling those inventories.
Directly at 310-567-8938... more
Give me a call at 310-625-9005. I need to see the interior of the property to tell you exact price. You can also email me at email@example.com. I work with a lot of serious buyers who can close the sale very fast should you decide to sell your house.
Are you interested in purchasing this property?
It is currently listed at $599,000
I would be happy to run comps for you, to see what other properties here gave sold for.
Please contact me Susan@BeverlyHillsLuxuryFlats.com
Good morning Mehran,
This depends on many things..can you tell me what you are looking to do? Do you already have the property? Are you wanting to just remodel a kitchen, bathroom? Tear down and rebuild? An entire wing?
Please contact me directly, I'd be more than happy to assist.
Have a wonderful morning!
This unit is not currently on the market.
Unit #407 2bed,2bth is available at $579,000
Please feel free to contact me for further information.
Realtor/Coldwell Banker... more