Posts Tagged ‘Sold’

Curbed – What It Sold For: This Little Mt. Wash Cottage Just Sold for $190k Over Asking

Thursday, June 26th, 2014

glenalbyn 2.jpg

An incredulous tipster sent us this listing saying, “we looked at this fixer-upper in Cypress Park, listed at $ 559,000, and figured it would go over asking price — possibly even up to $ 650k. We were SHOCKED to discover it went for $ 750k.” That’s right: it sold in “>about three weeks for $ 750,000—$ 190,000 over asking. (Note: this house last sold in 2010 for $ 227,000; that was over the asking price as well: it had been listed for just $ 215,000.) Sure, it could be that someone really wanted this little ranch-style residence, but it is also equally likely that we’re looking at a teardown or a major flip in the making—the .31-acre property includes a detached two-car garage, a standalone redwood studio space, and two additional parcels.

Perhaps the buyer is planning on making a fortune renting the little house, the detached garage, and the very cool renovated Airstream trailer (part of the sale as well) on Airbnb. Maybe there’s a gold vein running through the property. Then again, it could just be that the buyer is a person who appreciates their space and who yearns to hear the sounds of “owls hooting in the night.”

· 3790 Glenalbyn Dr., Los Angeles (City), CA 90065 [Redfin]

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Curbed – What it Sold For: The historic Heart House designed…

Sunday, April 27th, 2014

2014-04-heart_house.JPG The historic Heart House designed by John and Donald Parkinson and previously featured in February as a Weekend Open House, sold on March 27th at a price $ 100k over asking. From commenter Slice of Life: “This house sold for $ 1.1M, which was over asking price. I own the sister house which is almost identical and mine is located in Windsor Square. I knew about this house on Harvard years ago because we often pick up burritos at Cactus #2 on Beverly/Harvard.” Thanks for sharing. [Curbed LA]

Curbed LA

Curbed – What it Sold For: Anjelica Huston’s Venice Fortress Sells; Is Whisper Moving In?

Tuesday, April 1st, 2014

This must be the week all the chronically unsellable properties finally find a buyer: first Fleur de Lys breaks a record at $ 102 million, and now Anjelica Huston‘s “fortress” house in Venice has reportedly sold for $ 11.15 million. The house, designed by Huston’s late husband, sculptor Robert Graham, was first listed in 2010 for $ 18 million, but, despite some pricechops, the property languished. That’s not to say there weren’t a few close calls: The Hollywood Reporter says that producer/house collector Megan Ellison was in escrow to buy it late last year, and, before that, there was some totally serious, unironic talk of turning the house into a private “gourmet bathing club” with a farm-to-table restaurant and seltzer-water tastings.

The three-bedroom, three-and-a-half-bathroom house was most recently listed for $ 11.9 million and the anonymous buyer has been described only as “an architectural purist who appreciates the buildings the way they are.” It’s rumored that this purist might rent the building out to app company Whisper to use as its headquarters (it’s departing a house in Santa Monica).
· Anjelica Huston’s Venice Home Sells for $ 11 Million [THR]
· Take the Tour: Anjelica Huston’s Venice Fortress Hits the MLS [Curbed LA]

Curbed LA

Curbed – What It Sold For: Producer Megan Ellison Sells Off Entire Bird Streets Compound

Friday, November 8th, 2013


Young Megan Ellison is one of the few interesting film producers working these days (her company Annapurna Pictures has worked on The Master, Zero Dark Thirty, and Spring Breakers) and the daughter of Oracle chief Larry Ellison, from whom she has picked up the practice of buying real estate in bulk (Dad owns an enormous percentage of Malibu’s Carbon Beach and most of the island of Lanai). From 2008 to 2011, she put together a three-house, very glassy compound up in the Bird Streets, paying a total of $ 32.6 million. Two of the houses were brand new and one “had a down-to-the-studs renovation in the mid-Aught[s],” according to Real Estalker. Now she’s sold them and the new owners will all tear them down. (Just the kind of disposable real estate thing drove Megan Mullally and Nick Offerman from the neighborhood.) Anyway, in August, Ellison sold one house to Gateway cofounder Ted Waitt for $ 20.5 million, and last month she sold the remaining two to Ashley Tabor, son of British bookmaker Michael Tabor, for $ 26.25 million. That’s a total of $ 46.75 million, basically just for the land, much of which is too steep to actually build on. Anyway, Ellison is supposedly looking for a new house “in the $ 20 million range,” as well as office space in Venice.

Ted Waitt’s 9280 Nightingale Drive, sold for $ 20.5 million

Ashley Tabor’s 9262 Nightingale Drive, sold for $ 10.875 million

Ashley Tabor’s 9258 Nightingale Drive, sold for $ 15.375 million
· Megan Ellison Sells Three in The Birds [Real Estalker]

Curbed LA

Curbed – What It Sold For: The Most Early-Nineties House Ever Has Sold in Silver Lake

Wednesday, August 21st, 2013

The most early-nineties house ever finally sold! Way back in 2007 we brought you this aggressively gray-and-stainless-steel house in Silver Lake when it was asking $ 1.399 million, and we all had a good laugh. The house has two bedrooms, two and a half bathrooms (the master bath has a urinal and mood lighting), commercial appliances, and exposed ductwork. It didn’t sell. Then this past December it was back, chopped all the way down to $ 879,000. Well, either the nineties are back or the market hasn’t calmed down as much as we thought because the place just sold for a teeny bit over asking–$ 880,000.

· 3209 Windsor Ave [Redfin]
· The Most Early ’90s House Ever Still Hasn’t Sold in Silver Lake [Curbed LA]

Curbed LA

Curbed – Development Update-O-Rama: DTLA’s Ritz is 85 Percent Sold, But Does Anyone Live There?

Tuesday, July 16th, 2013

2011.07_ritz.jpgWell, the Ritz-Carlton Residences are certainly (finally) selling, but is anyone actually living there? The 224-unit project opened way back at the beginning of 2011 and has now hit 85 percent sold, according to the Downtown News. That leaves just 30 units still waiting, including 10 penthouses; prices on the remaining units start at $ 1.9 million and head up to $ 9.3 million (some of the penthouses are furnished). As we’ve heard previously, the Ritz is courting Asian buyers, mostly from China and South Korea–buyers from Asian countries have “fueled sales … over the past two years,” according to the VP of sales and marketing. Meanwhile, last fall we heard that 63 units were in the building were owned by just three investors, and a few months ago there was a story about a call center running out of one condo. So is it like a super swank ghost town in that place? A temp-infested rental nightmare? Anyone living there want to let us know? Email, please!
· Ritz Condominium Sales Hit 85% [Downtown News]
· Ritz-Carlton Finally Halfway Sold Out; 3 Investors Own 63 Units [Curbed LA]

Curbed LA

Curbed – What It Sold For: A Hipster Flip in Glassell Park Just Sold For $900,000

Tuesday, July 9th, 2013

This Glassell Park house with a pool from hipster flipper pioneers Better Shelter may not have impressed the Curbed commentariat when it hit the market in May, but it sure as heck wowed someone: it closed last week with a final price of $ 900,000. That’s $ 101,000 over asking. The 1960 ranch has three bedrooms and two bathrooms in 1,635 square feet, and is set on half an acre; Better Shelter fixed it up, put in a pool, (controversially) painted the fireplace white, and added the de rigueur horizontal fencing; for that they were rewarded with a sale price more than $ 400,000 above what they paid in November.
· 2000 Panamint Drive [Redfin]
· Flippers Better Shelter Add a Pool to 1960 Glassell Park Ranch [Curbed LA]

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