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Eagle Rock House Star Becomes “Impeachment” | Anti-camping sites | New Starbucks Glassell Park | Immovable








Eastside Real Estate and Development News

An overview of real estate news.

Citywide

Is it possible to prevent tech companies and private equity firms from primarily buying affordable single-family homes as investments? LA City Council has asked the chief legislative analyst and the city attorney’s office for advice on how to proceed, according to MyNewsLA. Companies such as Zillow, Opendoor, Rockethomes and Redfin “primarily target affordable single-family homes and compete to buy as much inventory as possible, flip it over and then sell it for a profit,” the motion reads.

An updated anti-camping ordinance targets freeway underpasses in Glassell Park and Silver Lake, schools in Echo Park and Historic Filipinotown, and parks in Boyle Heights and East Hollywood. These are just some of the 16 sites on the Eastside where city council members want to impose camp bans and restrictions on sleeping and obstructing sidewalks and other public places. Go here for an interactive map of the sites.


Eagle Rock

A house on Hill Drive was used as a filming location in the historic anthology series “Impeachment” as the home of Linda Tripp, who exposed the illicit affair between President Bill Clinton and White House intern Monica Lewinsky, Dirt reported. And apparently, the 1940 Colonial bears a striking resemblance to Tripp’s current home.


Glassell Park

A new Starbucks is planned for a mall in Eagle Rock Boulevard and Avenue 40. The applicants – Elliot Megdal and Associates – are applying for an area waiver and other approvals for a Starbucks in the same mall anchored by a Rite Aid store.


Mount Washington

Over 60 years ago, Dr. Fong Q. Jing and his wife Lorraine were looking to build a house, but often faced restrictions on deeds and undertakings that targeted people of Chinese descent. This is how they ended up buying a lot on a steep hill on Mount Washington. The modernist house that rises there has been designated a historic and cultural monument – due to the Frank Lloyd Wright-inspired design by architect William Earl Wear.


Silver Lake

Two condominium units would stand on vacant land at N. Coronado Street and Berkeley Avenue, according to plans filed with Planning. The three story structures would stand at 1601 N. Coronado St. Plaintiff is listed as Edmund Dolan / LA21A, LLC, of ​​Aliso Viejo.


Sponsored listings on the market

Dream MCM in Highland Park Hills

Mid-Century Jewel in Adams Hill

All signs point to houses in Los Feliz, Silver Lake and Altadena


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