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BEN LEE’S BLOG
The Real Hollywood Residence of Some of Today’s Virtual Internet Stars
Ever wonder where the “stars” of some of yesterday and today’s social media sites reside? Look no further than 1600 Vine Street, a 550-unit apartment complex located just a tad bit south of Hollywood and Vine in Hollywood.
While they may not be appearing on the “big screen,” many of the videos that are produced here by the building’s residents – which by the way, include a baby monkey, a pony, and even a husky dog sporting pink ears – have been viewed billions of times online.
In fact, many people all around the globe can likely identify the more popular filming areas of the building, like the courtyard and the gym, as well as the walkways that are lined with well-recognized beige blocks.
Over the past few years, this complex – which commands monthly rents in the neighborhood of $2,500 – has been a particularly big draw among the “famous” stars of YouTube and Instagram. (And to the formerly well-known stars of the now-defunct short video app, Vine).
While names like Lele Pons, Juanpa Zurita, and Paul and Jake Logan may not necessarily be as recognizable as the Kardashians, a fair number of these Internet actors, comedians, and social media influencers can – and often do – build up a similar following and net worth.
Take, for instance, Internet actor Ray Diaz, who shortly after moving into the iconic building built up more than 3 million online followers, and soon went from driving an Uber to driving a Bentley.
Cozy Eagle Rock Fixer Upper Could Provide Options and Value
For the first time on the market in over five decades, this cute 2-bedroom, one bath, Eagle Rock 1930s Tudor home may appear to be a tad bit dated – but with the right touches, it definitely has a great deal of potential.
With its roughly 1,300 square feet of interior living space, the home has maintained its original hardwood flooring, as well as beamed vaulted ceilings that provide it with more of a roomy look and feel. Just some of the additional interior amenities include a handsome brick fireplace in the main living room area, along with numerous large windows that let in natural light.
Outside you will also find a “blank canvas” in the flat, not-yet-landscaped yard – which can provide the new owner with a carte blanche in terms of what to add, and how to arrange the exterior features. There is plenty of space to do so, though, as the home sits on a 5,718 square foot lot.
Located at 4930 Argus Drive in Eagle Rock (just southeast of Colorado and Eagle Rock Boulevards), this home is currently listed, as-is, for $685,000. Private tours can be arranged for interested purchasers.
2018 LA Housing Market Predictions. Are You Prepared?
If you’ve been on the fence about whether or not to purchase a home in LA in the coming year, you could do yourself a favor by moving forward sooner rather than later in 2018. In fact, doing so could help you to get a better “bargain” in terms of overall price and value.
Based on a recent CoreLogic report, while the housing prices across all of Southern California are still currently well below their pre-recession peak – 13% below, to be exact – it is anticipated that by the end of the current year, housing prices in Los Angeles County will rise by nearly 6.5%. And this could make a substantial difference in the price that you pay now versus the price you could end up paying during the second half of 2018.
One of the biggest drivers of this increase in price isn’t the shaky lending practices that were seen prior to the 2008 recession, but rather it is due in large part to a decrease in housing supply. This, coupled with a demand that has continued to be extremely high, has led the price tag – particularly on homes in the more desirable areas of LA – to move north.
For those potential purchasers who want to get a jump on both price and competition for fewer housing options, the sooner you can get yourself into the game, the better off you will likely be.
Well-Known LA Landmark Home on the Market for the First Time
Los Angeles Historic Cultural Monument Number 170 – which is also better known as the home of the pioneering architect Paul Revere Williams – is currently on the market for the very first time in its 65+ year history.
The two-story home, designed by Williams himself in 1951, and that served as his own personal residence until his passing in 1980, is located in the Lafayette Square Historic Preservation Overlay Zone in a gated community.
More recently, the 4,400 square foot home – which features a wrap-around roof terrace and an expansive lanai patio – has been used as the site of many of LA’s social events, as well as the home of Williams’ granddaughter, who is the author of numerous books.
Both residents and guests alike have marveled at the green marble fireplace, the breathtaking art-deco style staircase, and the soffit ceilings. Another distinctive feature is the built-in furniture that can be found in many of the rooms.
In addition, situated here on the nearly 12,000 square foot lot is also a cute two-room guest house that includes a kitchenette, a powder room and full bath, and a living room with a full bar.
The home’s current asking price is just under $2.4 million. Private tours can be arranged for interested purchasers.
Privacy and Space for Under $750 in LA
If you’re considering making a move, and you have space and privacy on your “must have” list – all for under $750K in LA – you actually have a number of great options. In fact, regardless of whether you’re searching for a single family home or a condo, you are likely to find the ideal place for you.
For example, 6950 Langdon Avenue in Van Nuys offers five bedrooms and three full baths. This fully remodeled ranch home even offers a “mother-in-law” suite, complete with its own bath, kitchenette, and private entry. Sitting at the end of a cul-de-sac, you’ll find quiet and privacy, along with plenty of room to enjoy the outdoors. Asking price here is $749K.
If the maintenance free aspect of condo living is more your thing – especially if you are more into an urban lifestyle – then check out the two bedroom, two bath unit that is currently available in the Market Lofts building in South Park.
This cool condo offers an open floor plan with more than 1,000 square feet of interior living space, as well as a private balcony. Additional amenities include a fitness room, as well as a pool and spa. Asking price, $750K, along with $656 per month for HOA dues.
