By T. A. HendricksonContinue Reading
By T. A. HendricksonContinue Reading
By Bill Hendrickson
It took a pandemic, but two Eagle Rock seniors living under threat of eviction for more than a year have gotten a reprieve.
Ramona Sierra, 91, and her 66-year old neighbor, Suzanna Bermudez, have lived in their rent-controlled bungalows at 4542-4544 Eagle Rock Boulevard for 41 years and 10 years, respectively. In December 2018, they learned that the new owner of the bungalows was proceeding with re-development plans that could lead to their eviction. READ MOREContinue Reading
Owner says he is keeping his options open as to whether to build or sell Pillarhenge. Things like that can “make you go, hmmm.”Continue Reading
“No fault” evictions are banned for the rest of 2019Continue Reading
Here’s the latest on the Real Estate Developments we’ve been following in NELA.Continue Reading
Another try at protecting tenants gets watered down. Wendy Carrillo says the bill is “a step in the right direction.” Agree? Read more about tenant protection coming from Sacramento here.Continue Reading
To Evict or Not to Evict? Why Is That Even a Question?
The clock is ticking for Ramona Sierra, 90, and Suzanna Bermudez, 65, who are bracing for eviction from their rent-controlled, one-bedroom bungalows in a five-unit complex at 4542-4544 Eagle Rock Boulevard.
Action on Senate Bill 50 (SB 50) — a measure to address the state’s housing crisis by rewriting local zoning codes — was put off until 2020 by the state Senate Appropriations Committee on May 16. The delay undercuts the Senate Housing Committee and the Senate Governance and Finance Committee, which passed the bill in April. The bill would let apartment complexes be built in areas deemed “job rich” or “transit rich” and would permit fourplexes in neighborhoods zoned for single-family homes.Continue Reading
Ramona Sierra, 90, and Suzanna Bermudez, 65, are bracing for eviction from their rent-controlled bungalows at 4542-4544 Eagle Rock Boulevard in Eagle Rock. Sierra has lived in her bungalow for 40 years. Bermudez and her husband, who are both disabled, have lived in the bungalow three doors down from Sierra for seven years.
This particular eviction story starts in 2017 when . . . . . . . . .
There are no completion dates in sight for some of the area’s most prominent developments, both private and public.Continue Reading
For a while now, when brokers have been asked, “How’s the market?” some of them have answered by saying, “It’s adjusting.” The question about the direction of the market comes from people who have thinking about selling and are wondering if they may have missed a peak in prices. It also comes from people who […]Continue Reading
A Federal Reserve survey showed that 40% of American families would have trouble handling an unexpected $400 expense. And, that’s not just lower-income families. Read on.Continue Reading
California prides itself on being a prosperous state. But California has the highest poverty rate of all the states, 19%, according to a measure by the U.S. Census Bureau that looks at the costs of living in each state and the federal aid available to help cope with those costs. Over all, the census figures, […]Continue Reading
By all accounts, L.A. is one of the most expensive cities in America. With median home prices in Eagle Rock, Glassell Park and Mount Washington now approaching the million-dollar mark, NELA is officially among the priciest housing markets in L.A. But not everyone on the Eastside is a homeowner. In fact, renters account for the […]Continue Reading
Echo Park is the only neighborhood on the eastside of L.A. where homes are now selling for less than they did a year ago, according to a review by the Boulevard Sentinel of 10 eastside neighborhoods tracked by Redfin.com From March through May 2018, monthly home prices in Echo Park have declined year-over-year, with the […]Continue Reading
Los Angeles is awash in short-term rentals (STRs) and neighborhoods in Northeast L.A. are no exception. A recent glance at Airbnb and other STR sites turned up 251 offerings in Highland Park at an average rate of $98 per night, 159 in Eagle Rock at an average rate of $159 per night and 118 in […]Continue Reading
Laws passed in 2016 and 2017 have made it easy to convert garages into apartments, renovate back houses and build new free-standing apartments in one’s backyard. Homeowners seem to love the idea: In the year after the new laws took effect, nearly 2,000 applications were filed in Los Angeles for building permits for “accessory dwelling […]Continue Reading
It’s no secret that many houses for sale in NELA in recent years have been flipped by investors who buy, remodel and quickly re-sell them for big profits. What is (somewhat) surprising is that investor buying remains strong even at today’s high prices – and that homebuyers are still paying up for recently rehabbed […]Continue Reading
It’s cliché at this point to say that the real estate market is “hot” in Northeast Los Angeles. It has been five years since Redfin, a real estate firm, ranked Highland Park as the nation’s hottest neighborhood and four years since Eagle Rock came in second in that same ranking. 2017 was yet another blockbuster […]Continue Reading