Last issue, I presented you with six great properties meant to give you a broad idea of what you could buy for $1,000,000 in various areas of Los Angeles. As you could tell, you can do pretty darn well with that kind of money. But what if you’re not quite in that price range? What if you top out at, say, $750,000? Well, let’s go for a spin and see what that’ll get you. Like I said last time, let’s assume that everything’s at least somewhat negotiable!
West Hollywood
8317 Waring Ave.
$750,000
3br/2ba in 1,584 sq. ft. on a 2,750 sq. ft. lot
Fab open and airy condo alternative—done, done, done. New roof, kitchen, plumbing and electrical. Cool tree-shaded brick patio great for entertaining. Long, wide master bedroom with balcony overlooking the street. Great house, choice location.
LACMA/Miracle Mile
1301 Hauser Blvd.
$749,000
3br/1ba in 1,549 sq. ft. on a 5,000 sq. ft. lot
Charming 1926 Country English cottage, beautifully updated and maintained with period details and hardwood throughout. Large formal living room with barrel ceiling and wood-burning fireplace. Remodeled kitchen, updated systems, integrated A/V system, central air. Done, and affordable!
Venice
709 Broadway St. #2
$749,000
2br/2ba in 1,303 sq.ft. (condo)
Spectacular front unit, one of only three units in this unique contemporary Mediterranean building. Large private rooftop terrace, 20-foot ceilings in living room, wood-burning fireplace, tons of natural light, open loft space. Prime west-of-Lincoln location, laundry in unit.
Silver Lake
1316 Waterloo St.
$739,000
3br/2ba in 1,300+ sq. ft. on a 7,492 sq. ft. lot
Painstakingly restored and upgraded California bungalow in the Silver Lake hills with Hollywood sign and observatory views, wainscoted living room, restored kitchen and formal dining room, redone hardwood floors, master with stunning marble and tile bathroom. Central HVAC, updated plumbing and electrical.
Granada Hills
17110 Nanette St.
$739,000
4br/2ba in 2,077 sq. ft. on an 11,840 sq. ft. lot
Affordable architecture! 1964 classic Joseph Eichler residence by architect Claude Oakland exemplifies Oakland’s social concern of building better living for those without the pocketbook of the very wealthy. Here in the Balboa Highlands, Eichler built one of his now-historic modern neighborhoods. This is a classic, stunning mid-century modern beauty!
These are just a few great examples of what $750,000 will do for you. It’s not the same as a million, but there’s an upside to this price range. Depending on several things, you can get into one of these houses for as little as 3.5 percent down payment. With interest rates at all-time lows, now is definitely a great time to consider getting into the market! If you like anything you see here, feel free to give me a call. I’m here to help! Next week, we’re gonna take it down another notch, and see what kind of good stuff you can get for $500,000 and under. And believe me, there’s plenty!
Jefferson Hendrick is an L.A.-based Realtor with Keller Williams. Contact him with questions, concerns and real estate inquiries at [email protected] or facebook.com/jeffersonhendrickrealtor.