PRICE REDUCTION: 745 Stanford Avenue, Los Angeles

PRICE REDUCTION: 745 Stanford Avenue, Los Angeles

745stan 
  

745 Stanford Avenue, Los Angeles, reduced to: $575,000

9 unit residential 2 story building plus one single story building consisting of 4 one bedroom units and 5 studio units. 100% occupied. Beautiful reinforced brick building in a very clean downtown area. Scheduled annual gross income is $51,276. Property offers no off street parking. Near downtown Los Angeles Garment/Fashion District. Across from Teamsters hall. Between 7th and 8th Streets and San Pedro and Central Avenue.

OPEN HOUSES FOR SUNDAY JUNE 27 IN NORTHEAST LOS ANGELES

Listing of Sunday’s Open Houses from I-Tech MLS

Listing of Sunday’s Open Houses from Combined L.A. Westside MLS

Featuring Open Houses in the Los Angeles communities of Eagle Rock, Highland Park, Mount Washington, Glassell Park, Sycamore Grove, Garvanza, Montecito Heights, Cypress Park, Lincoln Heights, El Sereno, Monterey Hills, and Hermon

REAL ESTATE MARKET STATS 06/192010 – 06/26/2010: NORTHEAST LOS ANGELES

New listings entered

Price reductions 

Reported pending

Reported sold and closed 

These zip codes include the Northeast Los Angeles communities of Eagle Rock, Highland Park, Mount Washington, Glassell Park, Sycamore Grove, Garvanza, Montecito Heights, Cypress Park, Lincoln Heights, El Sereno, Monterey Hills, and Hermon. 

OPEN HOUSE: 2559 Langdale Avenue, Eagle Rock

2559 Langdale Avenue, Eagle Rock

P1040395 

OPEN HOUSE, SUNDAY, JUNE 27, 2010

1:00 p.m. – 4:00 p.m.
 

2559 Langdale Avenue, Eagle Rock, offered for sale at: $399,500

Situated high above the street, this 1933 vintage English Revival cottage features panoramic view of the Eagle Rock Valley. Many original details are beautifully preserved including:

Tiger Oak hardwood floors and light fixtures. Distinctive fireplace with decorative tiles and tile vents. Coved ceilin with open beams. Note: Rear access to property via driveway shared with 2460 Medlow.

OPEN HOUSES FOR SUNDAY JUNE 20 IN NORTHEAST LOS ANGELES

Listing of Sunday’s Open Houses from I-Tech MLS

Listing of Sunday’s Open Houses from Combined L.A. Westside MLS

Featuring Open Houses in the Los Angeles communities of Eagle Rock, Highland Park, Mount Washington, Glassell Park, Sycamore Grove, Garvanza, Montecito Heights, Cypress Park, Lincoln Heights, El Sereno, Monterey Hills, and Hermon.  

2559 Langdale Avenue, Eagle Rock

2559 Langdale Avenue, Eagle Rock

P1040395 

 

2559 Langdale Avenue, Eagle Rock, offered for sale at: $399,500

Situated high above the street, this 1933 vintage English Revival cottage features panoramic view of the Eagle Rock Valley. Many original details are beautifully preserved including:

Tiger Oak hardwood floors and light fixtures. Distinctive fireplace with decorative tiles and tile vents. Coved ceilin with open beams. Note: Rear access to property via driveway shared with 2460 Medlow

REAL ESTATE MARKET STATS 06/12/2010 – 06/19/2010: NORTHEAST LOS ANGELES

New listings entered

Price reductions 

Reported pending

Reported sold and closed 

These zip codes include the Northeast Los Angeles communities of Eagle Rock, Highland Park, Mount Washington, Glassell Park, Sycamore Grove, Garvanza, Montecito Heights, Cypress Park, Lincoln Heights, El Sereno, Monterey Hills, and Hermon.

Shopping And Paying Bills Online? Here’s Methods To Protect Your Online Financial Identity

In May 2010, Retail Sales at non-store retailers — a category that includes Amazon and eBay — topped $29 billion, up 16 percent from May 2009. Clearly, Americans are doing an increasing amount of shopping online. And we’re paying our bills online, too.

But how well are we protecting our identities?

In this 5-minute piece from NBC’s The Today Show, you’ll learn the basics of online fraud and methods to minimize the likelihood of identity theft. Furthermore, the tips go beyond the basic “choose a challenging password”. For example, you’ll hear about:

And, although, at one point, the interviewee goes over the top with respect to spyware and anti-phishing prevention, the point being made is a good one — you can’t be too careful with your online financials and common sense goes a long way.

1701 North Avenue 56, Highland Park

1701 North Avenue 56, Highland Park

Martinez Trust Ave 56 (6) 

 

1701 N. Avenue 56, Highland Park, offered for sale at: $315,000

Great fixer in a N. of York area of Highland Park. Tax records show 2 bedroom, 1 bath, house is 2+den, 1 1/2 bath. Make this gem sparkle with your own creative touches. Large corner lot with separate double garage + cement pad outside bonus room for parties, storage, etc. This property is a Trust Sale (not a Probate) and is being sold in it’s present condition. www.1701northavenue56.com

What’s Ahead For Mortgage Rates This Week : June 14, 2010

Retail Sales (June 2008 - May 2010)Mortgage markets posted four good days last week and one awful one. Unfortunately for rate shoppers , that one bad day outweighed the gains of the other four and mortgage rates worsened on the week overall.

Despite re-touching all-time lows on Tuesday and Wednesday, Conforming and FHA mortgage rates moved higher on the week.

There wasn’t much domestic data on which for mortgage markets to move so rates took their cues from global economic activity. Strong data from Japan and China, plus an improving outlook from the Eurozone, sparked optimism among Wall Street investors. Cash poured into the stock market and it happened at the expense of bonds — including the mortgage-backed ones.

It’s the primary reasons rates rose and not even the worst Retail Sales report in 8 months could undue the damage.

Often, weak Retail Sales data causes mortgage rates to fall. Last week, however, that wasn’t the case.

This week, there’s cause for rates to rise again with Wednesday emerging as a “data day”.

First, at 8:30 AM ET, the government releases two key housing statistics and one major gauge for inflation — Housing Starts, Building Permits and Producer Price Index, respectively. Strength in any or all three should lead mortgage rates higher.

Then, at 5:45 PM ET, Fed Chairman Ben Bernanke makes a public speech and anytime Bernanke speaks, mortgage rates can move.

Mortgage rates remain unnaturally low and a lot of Americans have taken advantage already. If you’re a homeowner and you’ve wondered whether or not a refinance makes sense, talk to your loan officer straight away. Low rates like this can’t last forever so lock one in while you can.

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