Make this Echo Park house your home!

sell my echo park home - echo park realtor david bramante - mr echo park - 936 marview avenue main - active

I am proud to announce the exclusive listing for sale of 936 Marview Avenue, Los Angeles, California 90012. Below are the property details, property description and open house schedule.


Property Details

  • Type:  Single Family Residence

  • Year Built:  1929

  • Mix: 2-Bedroom / 1-Bathroom

  • Building Size:  1,066 SF

  • Lot Size:  3,967 SF

  • Zoning:  LARD1.5

  • Parking:  3 Tandem Spaces and One Garage

  • Neighborhood: Echo Park (Bordering Chinatown)

  • APN:  5406-019-023

  • List Price:  $740,800


Property Description

This late 1920s home is located in the highly desirable neighborhood of Echo Park, Los Angeles, and borders artistic and eclectic Chinatown, and is only minutes from the beautiful Echo Park Lake, and all of the businesses and activities found at Dodger Stadium and in Downtown LA.

Those familiar with this location are aware of the incredibly positive changes taking place in the neighborhood, which continue at a rapid pace, making this one of the most desirable locations to purchase in Southern California. New businesses and residents are flocking to this area from all parts of the country, including New York and San Francisco.

The home is unique because it's much larger than other homes in the area and has ample parking. There are also special details that make this property stand out, including a small front yard and porch, and an enclosed backyard and basement.

The home's interior features 1,066 square feet, two bedrooms and one bathroom, with beautiful original details throughout the home (including original hardwood floors, arched door ways, arched windows and a barrel ceiling in the living room).

These original 1920s details that have been neglected for far too long, and are waiting for the right buyer to make them pop like brand-new. While the home itself is charming, it is going to need some TLC to transform it into your home or a profitable rental property. 

Open House

  • Sunday, June 25, 2017 from 1:00pm to 4:00pm PST


Please email me if you have any questions or are interested in submitting an offer before this property hits the MLS, Zillow or Redfin! Below are recent sales, active listings and contact information.


MAKE THE MOVE

Contact me to... sell a property... buy a property... or invest in real estate. I've specialized in LA real estate since 2005 and have diligently helped my clients for over 12 years. No matter what you're looking to do in real estate, I am your Realtor and would love to help you! 

Best,

sell my echo park home - echo park realtor david bramante - mr echo park - 936 marview avenue

Realtor David Bramante
"Mr Echo Park"
BRE Investment
213-375-3752 (office)
213-377-5748 (fax)
David@Breinvestment.com
Breinvestment.com

Instagram.com/MrEchoPark
Instagram.com/Breinvestment
Facebook.com/Breinvestment

Our client avoided foreclosure in Echo Park!

sell my echo park home - echo park realtor david bramante - bre investment - 1036 laguna

I am proud to announce the exclusive sale of 1036 Laguna Avenue, Los Angeles, CA 90026 in Angelino Heights, Echo Park. Below are the highlights, summary and description:

HIGHLIGHTS

  • Reasons for Selling:  The property was in foreclosure, with multiple state, city and personal liens. The property was close to be foreclosed on by the lender, so time was of the essence to avoid the notice of sale date. 

  • Final Terms:  Our list price was $699,000 and final sale price was $705,000. The property had major deferred maintenance: major retaining wall issues, outdated electrical work, its roof needed to be immediately replaced, and the interior of the home needed to be totally renovated. Final buyer was above list price, all-cash and 100% as-is.

  • Days on Market:  Exclusively listed on May 17, 2017 and recorded on June 21, 2017. Echo Park homes typically take 91 days to sell, but we sold this property in 35 days (from the date we signed the listing agreement to the date the property recorded in the new buyer's name). This is a neighborhood record!

  • Price per Square Foot: Echo Park homes are selling for $627 per square foot of living space, but we sold this property for $928 per square foot (which is unheard of for the area). This is another neighborhood record!

  • Previous Listing:  Originally listed at $550,000 with a different listing agent, but the property didn't sell and the seller canceled that listing. Despite that stigma of an expired listing, we took on the property at $699,000 confident that we could deliver a higher price because of our marketing and negotiating. 

  • Other Issues:  I made moving arrangements for the seller's personal belongings, out of pocket, and prior to the close of escrow because of the seller's tight financial situation. 


SUMMARY

  • Type:  Single Family Residence

  • Year Built:  1925

  • Mix: 1-Bedroom / 1-Bathroom

  • Building Size:  760 SF

  • Lot Size:  5,519 SF

  • Zoning:  LARD2

  • Parking:  4-Car Garage

  • APN:  5404-021-023

  • Neighborhood:  Angelino Heights, Echo Park


DESCRIPTION

Opportunity knocks for first-time home buyers and developers alike! This small starter home is on the border of Angelino Heights and Echo Park Lake, just south of Sunset and just north of the 101-Freeway. This means this property is located in one of the most desirable neighborhoods in Southern California...

The home, incredibly, is walking distance to both the $60M renovated Echo Park Lake and Sunset's stores and restaurants, which continue to open and/or expand at a rapid pace. And 1036 Laguna is located just off the Echo Park off ramp / on ramp, making access to Downtown Los Angeles and Hollywood incredibly efficient. 

If the location weren't enough, the property's lot is completely underutilized with alley access at the top of the lot and plenty of room for additions, possible development or just smart and lush terraced gardens. Also untapped are the incredible views the new owner will have of Echo Park Lake, Echo Park's rolling green hills, and LA's dramatic palm tree skyline.

While the home itself is charming, below it are four large garages. The house is definitely going to need your vision and TLC to call it home or to make it an awesome flip (we'd love to re-list it for you)! There are original 1920s details that have been neglected for far too long, but are waiting for the right buyer to make them pop like brand-new. 


MAKE THE MOVE

Contact me to... buy a property... sell a property... or invest in real estate. No matter what you're looking to do in real estate, I am your Realtor and I would love to help you! I've specialized in LA real estate since 2005 and have consistently helped my clients for over 12 years. 
 

sell my echo park home - mr echo park - echo park realtor david bramante - 1036 laguna

Realtor David Bramante
"Mr Echo Park"
BRE Investment
213-375-3752 (office)
213-377-5748 (fax)
Breinvestment.com

Instagram.com/MrEchoPark
Instagram.com/Breinvestment
Facebook.com/Breinvestment

 

Silver Lake Duplex for Sale

3415 Plata Street, Los Angeles, CA 90026

Exclusively offered for $1,189,000 

You want this Echo Park triplex.

2117 Branden Street, Los Angeles, CA 90026

We are pleased to announce the exclusive listing for sale of 2117 Branden Street, located in the heart of the highly desirable neighborhood of Echo Park.

This beautiful and spacious triplex is tucked away in one of the rolling hills of this area, easily accessible by several major thoroughfares, yet extremely private and tranquil for its residents.

Each unit is renovated and has a different layout, most with awesome private patios, beautiful green and yard spaces, and sweeping views of the hill tops and city against the evening sunset.

If you have been looking for a special multi-unit property on the Eastside, that a Craftsman bungalow charm, is tastefully updated, and feels special when you are there, then look no further.

This property is ideal for both first-time buyers and local investors who want to collect another beautiful property in this gorgeous neighborhood.

  • Year Built:  1903 (renovated 2013)

  • Building Size:  2,183 SF

  • Lot Size:  7,459 SF

  • Zoning:  LAR3

  • Cap Rate:  4.5%

  • GRM:  18

  • Price / Unit:  $500K

  • Price / SF:  $687

Exclusively offered for $1,499,000.

Contact me if you would like to... buy this property... sell your property... invest in real estate. I would love to help you as your Realtor! I've specialized in LA real estate since 2005.

Thank you! 
- David Bramante

Against all odds... we sold another home in Echo Park, for top dollar.

1466 Allison Avenue, Los Angeles, CA 90026


I am proud to announce that after a very long and challenging escrow, my team successfully sold 1466 Allison for a record price this week.

This transaction took a great deal of care and attention to ensure that we had a successful sale for our clients, because they needed this sale to clear up major financial issues in their lives.

Never has one transaction had so much at stake AND had so many challenges in its way, but we stayed focus on making a difference, not a commission, and we never let the transaction go sideways or the buyer slip away. 

And the result, despite all odds and challenges, was we got the deal done and we sold for top dollar. 

Marketing Highlights:

  • Cold calling local owners and investors in Echo Park

  • Monthly postcards to property owners within a mile radius of the property

  • Advertising the property on our billboard at Sunset and Alvarado, which generated a lot of calls

  • Door knocking to let the local property owners know about the listing and to find buyers they might know

  • Hand delivering flyers to the local businesses on Sunset to spread the word

  • Placing flyers on car windshields on the streets in the immediate area

  • Numerous and continuous open houses every weekend (even after securing a buyer)

So through our beautiful and innovative marketing, we obtained numerous serious offers. And after strategic and thoughtful negotiating, we secured a buyer that was all cash and non-contingent at 100% list price.

Here are some highlights from the escrow:

The challenges:

  • There was no comparable sale in Angelino Heights / Echo Park to support our list price

  • There were bankruptcy proceedings that dragged out and jeopardized the sale

  • There was a missing loan pay-off from Countrywide, that was about 10 years old

  • There were highly emotional and difficult tenants living in the house that didn't want to move out

The successes:

  • We created a record sale in the Angelino Heights / Echo Park, driving up values for everyone else wanting to sell or refinance

  • We persuaded our amazing title team at North American Title (Debi Kroman and Nader Choudry) to get an exemption on a 14-day bankruptcy wait period, in order to record the sale (it's complicated)

  • The title company, escrow company and lender (in dispute) agreed to a hold-back for a disputed loan amount

  • Despite the tenants socially bashing me and our team as "real estate scum" we negotiated they would receive $20K cash for keys to move out 30 days earlier than legally required

  • And finally, we sold for 100% list price at $1,175,000 all cash

We all learned a lot more on this transaction than we ever anticipated, and we were really put to the test to get this transaction in escrow and keep it together despite the above.

Even with over 12 years of experience, I learn something new about people and selling real estate every time. I love the challenges, I love helping my clients and I'm still obsessed with real estate after all these years.  

Contact me if you would like to... buy a home... sell your property... invest in real estate. I would love to help you as your Realtor! 

Realtor David Bramante
BRE Investment

This Echo Park home needs your TLC.

1036 Laguna Avenue, Los Angeles, CA 90026

Opportunity knocks for first-time home buyers and developers alike! This small starter home is on the border of Angelino Heights and Echo Park Lake, just south of Sunset and just north of the 101-Freeway. This means this property is located in one of the most desirable neighborhoods in Southern California...

The home, incredibly, is walking distance to both the $60M renovated Echo Park Lake and Sunset's stores and restaurants, which continue to open and/or expand at a rapid pace. And 1036 Laguna is located just off the Echo Park off ramp / on ramp, making access to Downtown Los Angeles and Hollywood incredibly efficient. 

If the location weren't enough, the property's lot is completely underutilized with alley access at the top of the lot and plenty of room for additions, possible development or just smart and lush terraced gardens. Also untapped are the incredible views the new owner will have of Echo Park Lake, Echo Park's rolling green hills, and LA's dramatic palm tree skyline.

While the home itself is charming, below it are four large garages. The house is definitely going to need your vision and TLC to call it home or to make it an awesome flip (we'd love to re-list it for you)! There are original 1920s details that have been neglected for far too long, but are waiting for the right buyer to make them pop like brand-new. 

Silver Lake Duplex for Sale | 3415 Plata Street | Realtor David Bramante

Silver Lake Duplex for Sale

3415 Plata Street, Los Angeles, CA 90026

We are pleased to announce the exclusive listing for sale of 3415 Plata. This is the first time it's been on the market in over four decades! 

This two-story 1978 duplex is comprised of two three-bedroom and two-bathroom units, each apartment consisting of a whopping 1,344 square feet of living space. In addition to the ample living spaces, the building is situated on a 4,680 square foot lot with plenty of on-site parking.

The owner's family occupies the bottom unit and a tenant occupies the top unit (please do not disturb family or tenants). Obviously, is an incredible opportunity to own what appears to be a non-rent control duplex in Silver Lake (the rent control cut-off for Los Angeles is pre-1978).

Offered for $1.389M.

David Bramante: Contact me if you're interested in this property, or if you want to sell your property. I have been an Echo Park and Silver Lake Realtor since 2005, when I founded BRE Investment in Echo Park.   

1466 Allison - a beautiful 1920s home in echo park

1466 Allison Avenue
Los Angeles, CA 90026

Neighborhood: Angelino Heights (Echo Park)
List Price: $1.175M

Ready to buy a home in Echo Park?

We love our new exclusive listing in Angelino Heights, just south of Sunset Blvd and walking distance to Echo Park Lake.

It's a beautiful two-story home with amazing 1920s details, a lush backyard and off street parking. What are you waiting for? ❤️

 #BREinvestment #Realtor #EchoPark #AngelinoHeights

Boyle Heights Apartment Building for Sale | 531 Soto Street | Realtor David Bramante531 N Soto - An 8-unit apartment building for sale

David Bramante of BRE Investment is pleased to announce the exclusive listing for sale of 531 N Soto Street, Los Angeles, CA 90033.

This large 8-unit apartment building is located in the Boyle Heights neighborhood of LA, which is only a few minutes east of Downtown LA’s creative Arts District and Chinatown neighborhood.

The two-story center hallway building consists of eight extremely large one-bedroom / one-bathroom units (approximately 941 SF each) and is situated on a  7,008 square foot lot. Tenants have secure and assigned parking spaces in the rear of the building.

Presently, 50% of the building will be delivered vacant at the close of escrow while the remaining tenants are facing various types of evictions. The Seller will assign and/or assist the buyer with those unlawful detainers if requested.

The property’s exterior was recently painted, but the interior common areas and vacant apartments do need to be renovated. Because the units are so large, they have been unofficially used as two-bedroom units by its tenants, which is something the new owner can explore during renovations.

The tenants pay for the separately metered electricity and gas, while the landlord pays for trash, water, and sewage services. There is limited landscaping in front and the back of the lot, connected to an alley, is asphalt.

  • List price: $1.299M

Contact David to find out more about this property and to schedule a private tour. The current rent roll and marketing package are available upon request. 

1732 W 20th Street - An 8-unit Apartment building for sale

David Bramante of BRE Investment is pleased to announce the exclusive listing for sale of 1732 West 20th Street, Los Angeles, CA 90007.

This is an 8-unit apartment building adjacent to the 10-freeway, located near Downtown LA and the University of Southern California. 

As is typical with many properties in this area, the rents are below market and the property could benefit from several repairs and cosmetic improvements.

Depending on turn-over and the buyer’s vision for the property, there could be significant potential upside in rents.

  • List Price:  $815K

  • Average Rent:  $672

  • Annual Gross Rent:  $64,512

  • Cap Rate:  5.15%

  • GRM:  12.63

The tenants pay for the separately metered electricity and gas, while the landlord pays for trash, water, and sewage services. There is limited landscaping in front and the back is a large dirt yard. 

Contact David to find out more about this property and to schedule a private tour. The current rent roll and marketing package are available upon request. 

4923 Eldred street - Huge hOUSE WITH GUEST HOME DELIVERED VACANT for sale

David Bramante of BRE Investment is pleased to announce the exclusive listing for sale of 4923 Eldred Street, which will be delivered vacant at the close of escrow.  

This huge house has sweeping views of the area and its small guest home are located in the highly desirable neighborhood of Highland Park.

Whether you’re looking for a home or an investment property, this is a very unique situation with both tremendous potential and multiple options for the buyer.

4923 Eldred consists of six bedrooms, four bathrooms, which includes an impressive master suite, bathroom, and large patio with incredible views of the sun drenched hills.

The main home’s floor plan is generous, with a bright and spacious family room, large formal dining area, distinctive wood doors and cabinetry in all bathrooms and bathrooms.

The large front yard has potential to become a lush and private oasis in the hills of Highland Park. Along the yard is a 3-car driveway which runs to the back of the property and guest home.

As you probably know, it’s nearly impossible to find a large home on the Eastside which is both large and affordable, with tremendous potential as a home purchase or investment opportunity.

Contact David to find out more about this property and to schedule a private tour. The current rent roll and marketing package are available upon request. 

 

THE MONTANA BUNGALOWS - A record apartment building sale for echo park

David Bramante and BRE Investment are very pleased to announce that after a month of thorough marketing and extensive negotiating with multiple investors, we were able to sell the Montana Bungalows for $3,050,000 all-cash. This is a record shattering price for a 6-unit apartment building in Echo Park.

After much negotiating, we were able to present several competitive offers to the seller, with our ultimate buyer accepting a 100% non-contingent counter offer which included a $91,500 pass through to the seller on the first day of escrow.

It takes a keen eye to effectively market a property, and a proven track record to negotiate these types terms and prices. We are able to do this because, this David's 11th year specializing in multifamily properties in Echo Park and Silver Lake.

It's been rewarding working with so many people and helping them through some of the biggest transactions of their lives, but I feel like we're only getting started. If you're interested in selling your property, then contact me so I can give you a quick and honest analysis of your property's value.

Find out more at:  www.TheMontanaBungalows.com

FOR SALE / 360 Ave 26

Huge commercial space with high ceilings, natural light and parking
Offered at $684,000

  • Broker’s Open House:  Tuesday, July 12th from 11am to 2pm

  • Public Open House:  Sunday, July 17th 2pm to 4pm

  • Email Hello@BREinvestment.com for additional open houses and/or a private showing

Type: Commercial Space
Bedrooms: N/A
Bathrooms: 1
Living Area: 1,900 SF

This super creative commercial space is located at 360 West Avenue 26, Los Angeles, CA 90031 and is near the burgeoning Downtown LA creative scene, minutes from Dodger Stadium and several vibrant artist communities (including the famous Brewery artist community, and the Lacy Lofts across the street). 360 Ave 26 is a beautiful and large commercial space in with over 1,900 square feet of space split among two levels (roughly 1,500 SF on the bottom level and 400 SF on the top loft level).

The space has large industrial windows with tons of bright natural light, extremely high ceilings, and a tasteful use of natural materials and industrial finishes. And the unit comes with 10 assigned parking spaces, which is unheard of for this type of property and location. Seven of the 10 parking spaces on are currently on month-to-month leases with the Seller, bringing $100 per month for each. Continue to rent those out and live in the unit, or take over those spaces and run your creative office from this amazing space.

Find out more at:   www.360ave26.breinvestment.com