Silver Lake

The most unexpected perks in our roles

METIS Minute // Ep. 012

4 featured properties this week:

1425 Courtyard Dr.
Cambrian Park // San Jose

3 Beds / 2 Baths / 1,673 Sqft / $1,399,000

Open this Saturday 5/18 & Sunday 5/19 1-4pm
Offer Date set for Tuesday 5/21 by 1pm

1425Courtyard.com

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2395 Silverlake Blvd. #13
Silver Lake // Los Angeles

1 Bed + Loft / 1.5 Baths / 1,360 Sqft / $775,000

SilverlakeLoft.com

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Coming Soon in Hayward

6 Beds / 4 Baths / $Inqire

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Coming Soon in Berkeley

3 Beds / 2 Baths / $Inquire

Los Angeles: First Quarter Condo Heat Map

We crunched the numbers this week, and bring you the heat map for first quarter Condo & Co-Op sales volume in Los Angeles. The market enjoyed some sizable improvements this past quarter – with 26 areas of growth, 14 areas of decline, and 11 areas with insufficient data. The top five hottest areas this quarter are:

  1. Silver Lake – Echo Park (17 more listings sold, 278% increase) – The home of the world-famous man-made lake, Silver Lake – Echo Park was the shining star of the first quarter, more than tripling the amount of listings sold (8 in Q1-2016 to 25 in Q1-2017).

  2. Metropolitan South (2 more listings sold, 260% increase) – The southern neighbor of DTLA caught a break this past quarter, but keep in mind that it went from 1 listing sold in Q-2016 to 3 listings sold in Q1-2017.
     
  3. Park Hills Heights (17 more listings sold, 203% increase) – Park Hills Heights made a drastic quantitative growth, climbing to 29 listings sold in Q1-2017 versus 12 listings sold in Q1-2016.
     
  4. Ladera Heights (1 more listing sold, 128% increase) – Ladera Heights broke into the top 5 as well, but is another area with very few listings sold, growing from 1 listing sold in Q1-2016 to 2 listings sold in Q1-2017.
     
  5. Sunset Strip – Hollywood Hills West (3 more listings sold, 113% increase) – The tourist hotspot has persisted in selling a decent number of condos & co-ops, growing from 28 listings sold in Q1-2016 to 31 listings sold in Q2-2017.

Contact our Luis Rhee, VP of METIS Los Angeles for additional details.

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LEASED - Silver Lake Loft

Our client needed their first home rented, we were able to successfully find multiple tenants in just 48 hours and in 7 short days approved and accepted a qualified and eager tenant. 

If you need a high-impact, experienced team to handle your real estate needs in Silver Lake, Los Feliz, Echo Park or anywhere in the Greater Los Angeles area - contact our Los Angeles team today!

Luis Rhee, VP METIS Los Angeles: (424) 260-7620 luis@metisre.com

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