Silver Lake apartment complex nominated as landmark; former Blue Bottle Coffee shop renting for $13,000; Carroll Avenue Victorian selling asking $1.69 million

Feb 4, 2019

Eastside Real Estate & Development News

Welcome to a digest of Eastside real estate news, development and people. In this week’s issue:

A Mid Century Silver Lake apartment complex by architect Allyn E. Morris has been nominated as a historic landmark. A nearly 125-year-old  Angelino Heights historic home is up for sale. The former Blue Bottle Coffee space is being offered for rent at nearly $13,000 a month – but you might try negotiating.

Real Estate Roundup

Angelino Heights

A 5-bedroom, approximately 4,000 square-foot Victorian is up for sale for $1.69 million. The Queen Anne-style home on Carroll Avenue — known for its restored Victorian-era mansions — built in 1895 is Los Angeles Historic Cultural  Monument #189. The home was designed by architect Joseph Cather Newsom, who along with his brother, Samuel, designed elaborate homes in the Victorian and other period styles in Southern and Northern California.

Eagle Rock

The asking price has now dropped twice since November on Yosemite Gardens, totaling a $1 million reduction on the 50-unit community at the 1500 block of Yosemite Drive, according to Redfin. It’s now listed at $16 million. The complex was built in 1951, has a ±44,272 square feet of building space, split among three main buildings multiple detached private garages. The listing also says zoning and space may allow 26 more units to be built on the ±2.06-acre lot.

Echo Park

The space vacated by Blue Bottle Coffee is up for rent at nearly $13,000 a month, according to a listing on Loopnet. The 2,734-square-foot first-floor retail space in the historic Jensen’s Recreation Center is listed at $57 per square foot per year. But terms are negotiable. The Sunset Boulevard coffee shop was in business for only three years before closing last November.

Elysian Valley

Construction has begun on 30 small-lot homes at 3022 N. Coolidge Street, Urbanize reported. Renderings for the development, known as Coolidge Place, show contemporary three-story buildings, ranging from 1,468- to 1,677- square-feet. Each has two bedrooms and private balconies. They are designed by local architecture firm Modative, and expected to sell starting in the low $800,000s.

Silver Lake

The Roberts Apartments complex on Griffith Park Boulevard has been nominated as a historic landmark “as an excellent example of a Mid-Century Modern multi-family apartment building,” according to the Planning Department’s recommendation report. The report noted the building’s cubic window patterns, the use of materials and the simplified exterior. The nine-unit apartment block was designed in 1965 by local architect Allyn E. Morris, who had worked for Lloyd Wright, Risley and Gould, and Daniel, Mann, Johnson, and Menderhall before starting his own practice. According to the planning recommendation, he was eventually recognized by the Los Angeles architecture community “for his sculptural, cubic aesthetic, and cost-effective designs. The Cultural Heritage Commission will take up the nomination at their meeting on Thursday.

On The Market

New Listings From Eastsider Sponsors

Gated Condo with Downtown Views, Presented by Tracy Do

Stunning, light and bright home in Atwater Village from Fenton Real Estate Team

That’s it for this issue of Real Estate Monday. We’re taking off next Monday but will return after the holiday.

— Barry Lank & Jesús Sanchez

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