Mt. Washington Real Estate History
Mt. Washington Home Sales
Now you can have a little short background of Mt. Washington history, a different community in Northeast Los Angeles.
Mt. Washington was founded in 1909 as a luxurious suburb of Los Angeles. Wealthy Angelenos quickly snapped up many of its luxurious Mediterranean Revival homes with outstanding views of the Los Angeles Basin and the western San Gabriel Valley. As the mountain was far too steep for the construction of a proper road in the pre-automobile era, the new district instead was served by a small railway going up the hill, which had its lower terminus at a Pacific Electric Railroad “Red Car” stop. Mt. Washington was eventually absorbed into the city proper as Los Angeles grew.
Mt. Washington’s boundaries are roughly El Paso Drive and Avenue 50 on the northeast, the Arroyo Seco on the southeast, Isabel Street on the southwest, and Division Street on the northwest. Neighboring communities include Eagle Rock on the north, Highland Park on the northeast, Montecito Heights on the southeast, Cypress Park and Glassell Park on the southwest. The Metro Gold Line light rail line passes through the district and has a station near the Southwest Museum. The Pasadena Freeway (CA-110) runs along the district’s southeastern edge, adjacent to the Arroyo Seco.
The real estate in Mt. Washington is always desirable and opportunities are available for the qualified home buyer. Presently there are 8 homes pending in escrow with a value from $495k to $669k. A total of two dozen homes are actively for sale with a value range from $450k to $990k. The N.E.L.A community of Mount Washington shares the same zip code as Glassell Park, 90065. It’s a major reason that a home buyer needs to be represented by a local Realtor, such as Raphael, that’s aware of all the housing factors.
Raphael is a resident of the community and involved in many local organizations helping preserve this secret N.E.L.A community. A local Realtor that understand the needs and expectations of today’s home buyers allowing for a win-win transaction. Are you considering purchasing a home in this great suburban like community? Contact Raphael and spend a few minutes discussing your needs. It will be a benefit to your home search and time well spent.
Be advised that there is never an obligation and your privacy is respected.
Mistakes N.E.L.A Home Sellers Can Make
- Realtor Plan
Announcing some important errors that home sellers in Northeast Los Angeles can make if a reputable local Realtor, like Raphael, is not used. Keep in mind that today’s real estate market in all N.E.L.A communities require focus and detail for the benefit of the home seller.
A FEW reasons that can effect a positive home sale;
- No ’secure’ modern lock box for keys making it difficult to show.
- Unprofessional and poor quality pictures of the property.
- Advertised facts of the home incomplete.
- No communication from the Realtor after showings done.
- Home not displayed in more than one Realtor listing service.
- Home not exposed completely advertised on all internet sites.
- Directions to the property confusing and not accurate.
- Poor home description that is not attention grabbing.
- Features poorly described.
- Home and community benefits not detailed and fantastic.
Home sellers can have the satisfaction of knowing that Raphael reviews all the useful processes to assist in a sensational home sale. A customized marketing plan, in writing, is presented to the home seller. The results oriented plan is discussed in a practical manner understanding the needs of the N.E.L.A seller.
Allow Raphael, your local resident Realtor a few moments to present an energized plan to make it happen. A home sale is a critical process requiring a results oriented Realtor that works and earns the fee.
Contact Raphael and overcome the doubts and fears in selling your home today.
Privacy is always respected and never an obligation upon a presentation.
Glassell Park Real Estate History
Glassell Park
Here’s a quick way to know more of the Glassell Park real estate structure from the beginning. This community of Northeast Los Angeles has much history as to the way the neighborhood was formed by real estate transfers long ago. Home buyers and home owners in the N.E.L.A community will appreciate this short story of how Andrew Glassell started it all.
Let’s think of what the Glassell Park real estate was like a century ago. Verdugo Road where it meets San Fernando Road was considered the crucial link for commerce and trade with the pueblo of Los Angeles. At this time the big land owners were the Verdugos and San Fernando Road was affiliated with the pueblo of . It was said that Glassell Park had “the road to the city” and in 1912 it was annexed and included in the area of Northeast Los Angeles.
Andrew Glassell was born in Virginia and acquired property from the Rancho in what was to become Glassell Park. He went to San Francisco in 1853 and established a law practice. His appointment as the United States attorney at Sacramento, California soon followed. During the Civil War his sympathies were with the South and he refused to take the loyalty oath to the United States required of lawyers. He left his public office and quit the practice of law and operated a lumber mill near Santa Cruz.
After the war Glassell moved to Los Angeles in 1865. He formed a partnership with Alfred Chapman and Colonel George H. Smith, the firm becoming known as Glassell, Chapman & Smith. Their law practice was confined chiefly to real estate transactions and they made their fortunes by being retailed in the large partition suits. When Glassell first came to California, he had worked with the federal land commission that reviewed all the old Mexican Rancho grants and so he was very well versed in title land law. They would take their compensation in land, and nearly every final decree in partition would find that Glassell and Chapman had quite an area of land. Glassell was involved in the legal suit known as The Great Partition of 1871 brought against the Rancho San Rafael property.
Andrew Glassell knew the value of real estate and what the benefits held in owning property. The fact that he and his associates accepted land as payment in many instances, showed the vision of things to come. Today, Glassell Park is thriving with diverse cultures and neighborhoods. The affluent N.E.L.A community of Mt. Washington resides in the boundaries of Glassell Park. The community also includes the custom homes in the Verdugo Hills and is home to a great senior recreation center.
Interested in the real estate market today of Glassell Park where value is still to be found? Raphael is available to assist the home seller and home buyer questions explore all that the area has to offer. Get rid of your for now is the time to get involved in the real estate market. Raphael offers many tips on what is going on in Glassell Park and the rest of Northeast Los Angeles. Allow Raphael, resident Realtor, to assist you in making that move NOW while all other factors are right.
Remember to ASK, as all info is confidential and your privacy is respected.
Northeast Los Angeles Real Estate Advice
Now you can have some data to think about on home values for the northeast Los
N.E.L.A Real Estate Facts
Angeles real estate market. The figures detailed below are from Dataquick and were just published by the L.A. Times in a recent article. The percentages show the appreciation or depreciation of homes sold in December of 2008 compared to December of 2009. The home buyer and home seller will have a better perception of the N.E.L.A real estate value at this time.
90027 – Los Feliz Homes Sold
gain of 36% in home value
90039 – Atwater Village / Silverlake Homes Sold
gain of 46% in home value
90041 – Eagle Rock Homes Sold
gain of 29% in home value
90042 – Highland Park Homes Sold
gain of 18% in home value
90065 – Glassell Park/ Mt. Washington Homes Sold
gain of 27% in home value
90026 – Echo Park Homes Sold
loss of 2% in home value
90032 – El Sereno Homes Sold
loss of 17% in home value
Let Raphael show you how to study these details in a confidential and private manner. The home search program, offered by Raphael, is custom and allows the home buyer or home seller to view detailed information. This home search program can identify homes sold as well as homes for sale in the N.E.L.A area. The information is readily available, easy and free to use.
Take action today and do not delay… Have Raphael share the expertise and guidance that a ‘resident’ Northeast Los Angeles Realtor can offer you.
Send your request to Raphael for a quick and private response.
Mt. Washington Home Buyers Tip
Mt. Washington Home For Sale
A special offer is out for home buyers in the Mt. Washington community of northeast Los Angeles. Raphael can assist you in this N.E.L.A home just listed for the minimal amount of ONLY $197k for a great little California Bungalow.
This is a home with a canyon view, hardwood floors and custom built-ins with a wonderful deck. The updated kitchen has granite counter top along with custom cabinetry. A separate laundry room and central A/C are also there. The home is only 650 sq. ft. on a small lot of 2820 sq. ft. BUT it is a N.E.L.A bank-owned property with a great price to start.
It is time to act now and submit that offer, if prequalified by the right lender. The community also offers one of the best elementary schools in California. A known factor with many is that Mt. Washington residents care and maintain the uniqueness of this northeast Los Angeles neighborhood, which makes it so desirable. Living in this community is also a commuters dream as the Metro Gold Line is right at the bottom of Crane. This home is perfect for that investor or first time home buyer seeking a nice California Bungalow in a Northeast Los Angeles home.
Raphael can take you to a home owner status in obtaining this bank-owned property. Feel like the home is to small but the Mt. Washington neighborhood is right, as a home buyer? Ask Raphael a few questions and get a quick confidential reply. Feel that a Mt. Washington home search is in order? Raphael offers a great, easy, no complication home search for you to use.
Remember, when it comes to bank-owned homes one must act ‘QUICKLY’…
N.E.L.A Home Buyers Realize – Buy Now
N.E.L.A Home Buyers Actions
Now, is the time for a home buyer in northeast Los Angeles to purchase that N.E.L.A home in the areas of Mt. Washington, Highland Park, Glassell Park, Eagle Rock, Atwater Village, Silverlake, Echo Park and South Pasadena.
Mortgage rates are low for those qualified , area home prices are starting to edge up and inventory is right. Seize the opportunity, as data supports northeast Los Angeles real estate is increasing slowly and consistently. The tax breaks presently extended to first-time and move-up buyers are right. The truth is that the incentive to purchase is strong and may not continue for all of 2010 as mortgage interest rates are forecasted to rise in months to come.
“There is no better time to get a rate below 5 percent than today,” said Brad Blackwell, national sales manager for Wells Fargo Bank.
Home prices in the North East Los Angeles real estate are favorable, down about a third from the peaks, demand is strong and the homebuyer may have to deal with multiple offers which have been common in the area. The truth is that a total of 71 residences have been sold so far in December and 53 entered pending status this month. December is presently half over but activity is still strong despite the holidays.
As a local resident Realtor, the picture is clear, in having seen a number of great homes being bought in what is traditionally a slow period. Highland Park homes and Mt. Washington homes for sale have brought out the best value to active home buyers. The low interest rates and government assistance has helped fuel the home buying activity to benefit qualified buyers. Be reminded, that the N.E.L.A area offers great commutes and a variety of life styles to blend with all desirable features searched for by savvy buyers.
As we enter 2010, the government may stop buying mortgage-backed securities and mortgage interest rates will begin to rise. Home buyers need to become aggressive NOW in their search to obtain the best value.
As your ‘local’ resident Realtor - search for homes and drop me a note. You will find the expertise and service you deserve. Now is not the time to procrastinate in your search for the right neighborhood in northeast Los Angeles…
Be reminded your info is always confidential and your privacy respected.
Best Mt. Washington Home For Sale
Mount Washington
Extroadinary home for sale in the Northeast Los Angeles area of Mt. Washington. The home is a short sale listed by one of the local Realtors for a bargain price of $550k.
This home has stunning views and 2,374 sq ft of living space with three levels. The value this 3 BR 4 BA home brings is just sensational for the location. The home is on Frontenac Ave. just off Canyon Vista Dr. on a quiet street. The amenities are numerous from cathedral ceilings to hardwood floors to include a gourmet kitchen with granite counters. Home buyers will find this a delightful short-sale priced to seize the opportunity of a quick sale. Multiple offers are the name of the game on this property with the strongest financial offer to reign supreme.
Take a look at my home search page for select listings that meet your specific criteria and price. A local Realtor is the person to go to for information and details regarding Northeast Los Angeles real estate particularly Mt. Washington. See the true value of the area and search for that right home.
Short-Sales and Bank Owned properties are also listed in the search properties so take a moment and see the benefit to you.
Drop me a note for more of the best in the N.E.L.A home marketplace.
All inquiries and information are confidential with your trust as #1.
Northeast Los Angeles Home Buyer News
Data For Home Buyers
Various real estate data sources suggest that real-estate prices hit a bottom some time during the second quarter, and September is seeing strong activity in the NELA communities. It is clear that area home prices are holding steady and clearly home prices are no longer in free-fall.
The Home Buyers Credit Program now puts a time limit on home buyers to act. Real Estate in Northeast Los Angeles is in strong demand if the home has character and atmosphere. Every real-estate market is the local N.E.L.A. neighborhoods have a different variety in home sales price due to certain factors of home & location. Great opportunities for home buyers are to be taken quickly as the Nov.30 Tax Credit deadline approaches.
Can I show you what is going on in the North East Los Angeles communities to include South Pasadena. Just drop me a note for a quick confidential response and remember that interest rates just dropped below 5%.
Northeast Los Angeles Real Estate Sold Figures
Wouldn’t you like to know the amount of homes being sold in Northeast Los Angeles as a home buyer or a home seller. The figures are in for the amount of home sales in N.E.L.A for August 09. The breakdown is by zip code for home buyers and home sellers to use as reference.
90041-Eagle Rock, 14 home sales with home prices from $244k for a short sale to $601k.
90042-Highland Park, 39 home sales with home prices from $160k for a fixer to $529k for a nice craftsman home.
90031-Lincoln Heights, 9 home sales with home prices from $70k for a major fixer to $$400k for a turn-key house.
90032-El Sereno, 29 home sales with home prices from $85k for bank owned property to $490k for a well situated house.
90039-Atwater Village/Silverlake, 13 home sales with home prices from $265k for a short sale home to $949k for a great Silverlake property.
90065-Glassell Park/Mount Washington, 27 home sales with pricing from $160k for an REO house to $775k for a Mt. Washington home.
91030-South Pasadena, 17 home sales with pricing from $500k to $3 million for a large custom view house. There are 6 of these So. Pasadena home sales over the $1 million price range.
Need more details? View my home search page or just drop me a note on any real estate question.
Highest Priced House For Sale In Mount Washington
Mount Washington Houses For Sale
Can I show you a Mt. Washington House for sale at a price of $1,120k? It is presently the most expensive home on the hill and does feature 4+4 with 3758 sq ft of living space on a view lot of 2677 sq ft. If yard is a non-issue then this grand home with its many updated features could be yours to just move right in. The house is on the southern side of Mount Washington on Andalusia Street and sits high on the hill. Home Buyers seeking that exquisite Mt. Washington home need a local Realtor to assit them for that luxury view home. Many great homes are available in today’s real estate market for Mt. Washington priced from the low $500k and up. Buy now to obtain great value…
