First, the house of the week: 5501 Morella, Valley Village, $499,994, 3+1.5, 1334 sf, pictured above. I showed this last night and it's in a cool little pocket. The house needs decorating, but it's clean and has been expertly maintained by the sellers. I wish my carpet looked as good, and I wish my kitchen was as spacious. If you are looking for a decorating project, this would be a great buy.
What did I tell you about L.A.'s "eastside"? You'll see my take on Highland Park, et al, below -- I toured the area recently and was really impressed. Now, Alejandro Lazo of the L.A. Times has a front page article entitled Investors flip over Highland Park. That's just what I saw when I was there a few weeks back.
And now for the really big news: I have two listings coming up in Burbank. One is a (rare) architectural home designed by a noted architect, and the other is close to the Chandler bike path. More news soon!
Finally, 1585 Knollwood, Pasadena is in escrow, after less than a week on the market. We're still showing for backups. I'll miss going to this house; the setting is just so serene.
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