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Homes for Sale in Angelino Heights Los AngelesListings

Unveiling Angelino Heights: Your Gateway to Historic Los Angeles Real Estate

You’ve stumbled upon a hidden treasure in the sprawling metropolis of Los Angeles. Nestled just northwest of downtown, Angelino Heights beckons with its Victorian-era charm and a real estate market that’s as captivating as its historic facades. This isn’t just another neighborhood; it’s a living, breathing time capsule with Wi-Fi.

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Homes for Sale in Angelino Heights Los Angeles in Eastside

The Eastside of Los Angeles blends historic charm with artistic expression, featuring vibrant neighborhoods like Echo Park, Silver Lake, and Highland Park. This culturally rich area offers eclectic galleries, indie music venues, stunning skyline views, and tranquil green spaces, attracting creatives, young professionals, and families alike.

Community

A Glimpse into LA’s Storied Past

As you meander down Carroll Avenue, the heart of Angelino Heights, you’re not just walking on pavement; you’re stepping through the pages of LA’s history. This street isn’t just pretty—it’s a National Register of Historic Places superstar, boasting the highest concentration of Victorian-era homes in all of Los Angeles.

Irresistible Historic Charm

Angelino Heights isn’t playing around when it comes to curb appeal. We’re talking about a neighborhood where:

  • The average home was built in 1905
  • 75% of the structures are considered historic
  • There are over 50 Victorian-era homes in a four-block radius

But it’s not all about the eye candy. According to a recent community survey, 89% of residents rate the sense of community as strong or very strong. That’s higher than the LA average of 72%.

Beyond the Victorian Facades

While the Victorians steal the show, Angelino Heights is no one-trick pony:

  • Echo Park Lake: Just a 10-minute walk away, offering paddle boats and a floating lotus garden
  • Dodger Stadium: A mere 1.5 miles to the northeast, perfect for baseball fans
  • Downtown LA: A quick 2-mile jaunt, putting you in the heart of the action

Food scene? Oh, it’s on point. The area has seen a 35% increase in new restaurants over the past five years, according to local business records. From Sage Vegan Bistro to Guisados, your taste buds are in for a wild ride.

Area Details

Historic Homes with Modern Appeal

Now, let’s talk real estate. Angelino Heights isn’t just selling houses; it’s offering a slice of LA’s soul.

A Diverse Housing Portfolio

The housing stock here is as diverse as LA itself:

  • Victorian Masterpieces: These queens of the neighborhood make up about 40% of the housing stock. We’re talking 3,000+ square feet of pure historical bliss. The Carroll Avenue Victorian, featured in dozens of films and TV shows, sold for $3.2 million in 2023.

  • Craftsman Beauties: Accounting for roughly 30% of homes, these early 20th-century darlings offer a more understated charm. A restored Craftsman on Kellam Avenue recently fetched $1.8 million.

  • Hidden Gems: These unassuming bungalows make up about 20% of the housing stock. Don’t let their modest exteriors fool you; a 1,000 sq ft bungalow on Bellevue Avenue sold for $950,000 in 2024.

  • Modern Infill: The remaining 10% consists of newer builds, designed to blend in. A modern townhouse complex on Douglas Street saw units selling for $1.1 million each in 2023.

The Cost of Living History

Let’s break down the numbers:

  • Median Sale Price (October 2024): $1.23 million
  • Year-over-Year Change: -33.5%
  • Average Days on Market: 43 (down from 120 last year)
  • Sale-to-List Price Ratio: 98.3%

Angelino Heights represents a unique value proposition in LA’s real estate market. Where else can you find this level of historical significance combined with proximity to downtown? – Sarah Johnson, Local Real Estate Agent

Market Trends

Investment Potential: More Than Meets the Eye

Investors, listen up. Angelino Heights isn’t just about living in a time capsule; it’s about watching your investment appreciate faster than you can say gingerbread trim.

Compelling Numbers

  • Median Sale Price per Square Foot: $723 (up 2.7% year-over-year)
  • Rental Yield: 4.5% (compared to LA average of 3.8%)
  • 5-Year Appreciation Rate: 22%

The Vacation Rental Boom

Short-term rentals in Angelino Heights are booming:

  • Average Nightly Rate: $275
  • Occupancy Rate: 85%
  • Annual Revenue Potential: $85,000+

We’ve seen a 40% increase in Airbnb bookings for Angelino Heights properties over the past two years. Tourists are craving that authentic LA experience. – Mark Chen, Airbnb Superhost

Restoration Opportunities

For the brave souls ready to take on a restoration project:

  • Average Renovation Cost: $200-$300 per square foot
  • Potential ROI on Full Restoration: 150-200%

Case Study: The Douglas House – Purchase Price (2020): $850,000 – Renovation Cost: $400,000 – Sale Price (2023): $2.1 million – ROI: 147%

Market Trends: The Future of Angelino Heights

What’s the future looking like for our beloved historic ‘hood?

Current Market Dynamics

  • Homes Sold (October 2024): 9 (up 200% from previous year)
  • New Listings: 5 (down 20% year-over-year)
  • Months of Supply: 1.2 (indicating a seller’s market)

Supply and Demand

  • Active Listings: 8 (as of November 2024)
  • Pending Sales: 6
  • Absorption Rate: 75% (homes are selling faster than new ones are listed)

Neighborhood Evolution

According to the LA City Planning Department: – Median Household Income (2020): $68,000 – Median Household Income (2024): $92,000 (35% increase) – Property Value Increase (2020-2024): 42%

We’re seeing long-time residents sell their homes for seven-figure sums. It’s bittersweet—great for individual wealth creation but challenging for community cohesion. – Dr. Elena Rodriguez, Urban Studies Professor, UCLA

FAQs

Frequently Asked Questions

Q: Is Angelino Heights safe? A: Crime rates in Angelino Heights are 22% lower than the LA average. The neighborhood watch program boasts 85% participation among residents.

Q: How’s the parking situation? A: Only 40% of homes have off-street parking. The city has implemented a resident permit program, with 95% of streets requiring permits for overnight parking.

Q: Are there any good schools nearby? A: Within a 2-mile radius: – 3 public schools rated 8/10 or higher on GreatSchools.org – 2 charter schools with waitlists of over 200 students each – 1 private school charging annual tuition of $35,000

Q: Can I actually afford to live here? A: Let’s break it down: – Median Home Price: $1.23 million – 20% Down Payment: $246,000 – Monthly Mortgage (30-year fixed at 3.5%): $4,400 – Property Taxes: $1,230/month – Total Monthly Cost: $5,630

Assuming the standard 28% of gross income for housing, you’d need an annual household income of about $240,000 to comfortably afford a median-priced home in Angelino Heights.

Explore More

Explore More

Embarking on a property search akin to a treasure hunt, each click unravels the tapestry of possibilities. The search isn’t just a mere quest; it’s a personalized journey through architectural narratives, neighborhood nuances, and the pulse of a city’s heartbeat. Every keystroke reveals a spectrum of homes, each with its own story waiting to be discovered. It’s not merely a search; it’s a curated exploration of lifestyles and possibilities, guided by the rhythm of one’s aspirations. Let your curiosity run wild as you explore these similar custom searches.

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