By Jeffery Marino
The highest price paid in January for a home in Northeast Los Angeles — $2.45 million — was for a 4-bed, 3.5-bath Spanish Colonial on Wawona St. in Eagle Rock.
The price is all the more remarkable when you consider that the seller paid $905,000 for the house in June 2020, performed a tasteful remodel, and then cashed in on a year’s worth of record-breaking price appreciation.
It would be something to make a million-dollar profit on a ground-up rebuild. In this case, all it took was a facelift, including a redo of the kitchen and bathrooms, replacing the tile roof and putting in a pool.
The home was listed for sale in November 2021 for $1.649 million. It was off the market in just under two weeks — and sold for $801,000 over the asking price.
Check out the rare before-and-after pictures in the slideshow below.