Property Values: What You Get For … $400,000
A bungalow in Spokane, Wash., a four-bedroom Georgian in Lexington, Ky., and a house in a St. Louis suburb.
Living in the Heart of the Village
When Linda and Lee Bigelow chose they wanted to be part of the village life in Southern France.
International Real Estate: For Sale In … Iceland
Iceland’s real estate market boomed for much of the last decade, but now many people are being forced to sell.
Papillion, NE 68046 New Real Estate Listing – 3 Bed 2.5 Bath Home For Sale By Owner – $159900
FSBO listed on 07/01/2009 – Fantastic curb appeal on large home on corner lot.
Rockport, TX 78382 New Real Estate Listing – 0 Bed 0 Bath Land / Lot For Sale By Owner – $66000
FSBO listed on 07/01/2009 – LOOK NO FURTHER FOR AFFORDABLE FAIRWAY LOTS!!!
How to screw up your linking: How You Link, Matters to Google ii
Part 2 from How You Link Matters to Google Did you know that you might be diluting your link? In this post we will discuss two way to really dilute your linking efforts. I. Reputation/Anchor text: We can use our…
Silver Lake Walker Gets a Mural: Someone has painted a mural of…
Someone has painted a mural of the Silver Lake walking and newspaper-reading guy, a well-known figure around the neighborhood. We like the mural and hope he likes it, too. [Mark Lisanti]
New To Market: Schindler’s Other DeKeyser For Sale
Wow, there are a LOT of Schindlers on the market. The Van Dekker Residence in Woodland Hills. The How House in Silver Lake. The Purviance House is still for rent in Silver Lake. And the Buck House is also for rent – now reduced. It’s like LA is having a Schindler-themed going out of business sale. EVERYTHING MUST GO! Add another home designed by architect R.M. Schindler to the mix. Not yet on the MLS, Schindler’s treehouse duplex, the DeKeyser near Highland Ave, is on the market. This isn’t the JOHN DeKeyser duplex sold three years ago (after multiple price reductions it finally received multiple offers and closed at $1 million). This is the PETER DeKeyser duplex next door, built by John’s brother.
Confused yet? According to broker Brian Linder, Schindler worked on both DeKeyser duplexes as well as Frank Lloyd Wright’s Freeman House next door. “Lore has it that he was having an affair with Mrs. Freeman while working on the project, and he even built an apartment for himself (which is still intact) on the lower level of the Freemen House.” But we digress.
After working on the Freeman House, John DeKeyser hired Schindler to work on his “Double Residence” completed in 1935. Around the same time, Peter hired Schindler to renovate his 1920s-era bungalow, situated between the Freeman house and his brother’s duplex.
Like the John DeKeyser duplex, this one has many of the same challenges. The house is only accessible by foot (no driveway, no garage, no parking) for one. With no parking on Highland, occupants have to park on Glencoe and trudge down the path to the duplex. Also, since the site is land-locked, there’s no possibility of building a driveway unless the owner also buys an adjacent parcel.
And its proximity to the Freeman House means owners will need to bear with the ongoing restoration which has no end in sight. So it takes a right Schindler fan to want to live there. On a more positive note, the duplex was recently renovated, and the upper two-bedroom, one bath has continuous hardwood decks and french doors that open to the views. It also have new finishes, fixtures and appliances. The lower apartment has “rich wood paneling, a working fireplace and its own private patio.” Asking price: $795,000.
· Curbed LA Pricechopper: Our Property Guru Weighs in on DeKeyser [Curbed LA]
· Curbed LA Pricechopper: DeKeyser Reduced [Curbed LA]
Measure R Tax: Arriving Tomorrow!: The piper is coming to…
The piper is coming to get paid: The half-percent increase in our sales tax that will fund Measure R, which provides tens of billions for additional transit lines and freeway improvements, starts tomorrow. LA County voters will now pay a 9.75 percent sales tax. According to the Daily News, “Voters had approved Measure R several months before Gov. Arnold Schwarzenegger imposed a 1 percent state sales tax – which started April 1 and will expire in 2011 – to help whittle down California’s $24 billion dollar deficit.” Here’s how it may affect some sample buys: “The additional half-percent sales tax means an extra penny for a $3.25 medium-sized Starbucks latte. It means an extra $7.50 for a $1,500 plasma TV with a 50-inch screen. It adds $96 to the price tag of a basic Mini Cooper car selling for $19,200.” You have less than 24 hours to make all your huge buys, so get a go on. [Daily News]
Theater Stalled, Reseda’s Renaissance Will Wait
Via LAOK
More setbacks for both local developer CIM and Reseda: Last year, news surfaced that CIM Group had agreed to renovate the abandoned Reseda Theater, a deal that involved a partnership with the Community Redevelopment Agency (CRA). But one market crash later, and CIM, which has numerous (and sometimes questionably dubious) partnerships with the city, is now saying that it cannot finance the deal, reports the San Fernando Valley Business Journal.
Via the Journal: “The developer, CIM Group, owner and operator of venues such as the Kodak Theater and the Hollywood and Highland Shopping Center, has said it wants to continue to partner with the CRA in this project nonetheless, and the parties are finalizing the details of a new agreement to try to go forward with construction in the tough economic climate, according to [CRA exec Jay] Virata.” According to the Journal, CIM has committed $3.25 million towards the total $8.7 million renovation cost, while the CRA has committed $4.35 million. City Councilman Dennis Zine says he’s frustrated by the fact that the theater, which was terribly hurt in the Northridge earthquake, hasn’t yet been renovated. As the paper notes, the community had hoped for a revival similar to the one seen in Canoga Park after the Madrid Theater was renovated.
· Reseda Theater Construction Stalled in Downturn [SFBJ]
· Reseda Gets a Revival Thanks to CIM [Curbed LA]