There are 70 active listings on the market in La Canada this week. I saw 5 today on caravan:
2015 Ahlin last sold in 2014 for $649,000. It's cute and feels like a treehouse. The guest area below the house previously leased for $1300 per month. This is in a quirky little area of La Canada, sandwiched between Montrose and Foothill Blvd. And then there is the freeway. Sounds like Waimea Falls if you like that noise...all of the time. 4430 La Granada is a bit further away from the freeway, just south of Foothill. It last sold in 2005 for $780,000. 5027 Louise is that rare short sale in an inflating market. There is a large first (over $1.8) and a second loan that will be virtually wiped out in the short sale. The house went into escrow early this year, got lender approval for the short sale at $1,640,000 then promptly fell out of escrow. It quickly wnet back into escrow. It is a great deal at the current price. 2040 Orchard is actually quite nice...a blend of modern/traditional/Asian. The listing agent used the word "fusion." Well said. Good floor plan and easy to update or refresh. 1204 Homewood just had a large price reduction ($200,000) so we revisited it. The house is in great condition. I would add cabinets in the breakfast room to visually extend the kitchen and put hardwood upstairs, then its truly turn key. Some may not like that it backs up to Lanterman Auditorium, but otherwise great location close to everything.
Greg and I recently bought a little flipper on La Canada Boulevard. Watch our progress on my other blog Flipsational.com