March 11th, 2010 ~
Posted in Northeast Financial

According to foreclosure-tracking firm RealtyTrac, foreclosure filings topped 300,000 for the 12th straight month last month as 1 in every 418 U.S. homes received a foreclosure filing.
It’s a small improvement from January and a just 6 percent increase over February 2009.
On a per-capita basis, foreclosure density varied by state:
- Nevada : 1 foreclosure filing per 102 homes
- Florida : 1 foreclosure filing per 163 homes
- Arizona : 1 foreclosure filing per 163 homes
- California : 1 foreclosure filing per 195 homes
Also, as in January 2010, foreclosures across the country were concentrated. 10 states beat the national Foreclosure Per Capita average; 40 states fell below. Like everything else is real estate, it seems, foreclosures are local.
For today’s home buyers, foreclosures represent an interesting opportunity.
Homes bought in various stages of foreclosure are often less expensive than other, non-foreclosure homes. It’s one reason why distressed home sales account for 38 percent of all resales. However, less expensive doesn’t always mean less costly. A foreclosed home may be in various stages of disrepair and they’re often sold as-is, as policy.
Buying new or used can be cheaper than buying broken-down.
Therefore, if you’re in the market for a bank-owned home, make sure you know what you’re buying before you sign a contract. Have qualified professionals review and inspect the property, as needed. Damage to pipes or the property’s structure, for example, may not be so obvious on a walk-though and you’ll want to know about it before you buy.
Also, foreclosed homes are federal tax credit-eligible. Buyers must be under contract by April 30, 2010 and closed by June 30, 2010.

March 11th, 2010 ~
Posted in NELA Art Galleries, NELA Living
Saturday, March 13, NELAart presents: SECOND SATURDAY GALLERY NIGHT
WHEN: The Second Saturday of Every Month 7:00-10:00p.m.
WHERE: Highland Park and surrounding neighborhoods.
NELAart Second Saturday Gallery Night is a free self-guided tour of the galleries, non-profits and artist run project spaces located in Northeast Los Angeles (NELA).
NELA has a tradition in the arts that dates back to the early 1900s.
The tradition continues with new spaces opening regularly. NELA is now one of L.A.'s most exciting destinations to view contemporary art.
Individual gallery hours may vary:
Avenue 50 Studios, 121 North Avenue 50
Cactus, 5434 Eagle Rock Boulevard
Cafe de Leche, 5000 York Boulevard
Center for the Arts, Eagle Rock, 2225 Colorado Boulevard
Drkrm, 2121 San Fernando Road
Future Studio, 5558 North Figueroa Street
hi tree, 131 North Avenue 50 (behind Avenue 50 Studio)
Jose Vera Fine Art, 2012 Colorado Boulevard
Judson Studios, 200 South Avenue 66
Kristi Engle Gallery, 5002 York Boulevard
Land of Odd Gallery, 4690 Eagle Rock Boulevard
La tierra de la Cuebra, 240 South Avenue 57
MorYork Gallery, 4959 York Boulevard
New Stone Age Mosiacs, 4532 1/2 Eagle Rock Boulevard
Outpost for Contemporary Art, 1268 North Avenue 50
Sea and Space Explorations, 4755 York Boulevard
She Rides the Lion, 133 North Avenue 50
Toros Pottery, 4962 Eagle Rock Boulevard
2 Tracks Art Studio, 135 North Avenue 50 (Next to Avenue 50 Studio)
Verbre Studio and Gallery, 4540 Eagle Rock Boulevard
York Studios, 5029 York Boulevard
NELAart is based in Highland Park and consists of galleries and art organizations located in Northeast Los Angeles who are dedicated to increase the visibility of the thriving arts community in the area. Northeast Los Angeles has a long tradition in the arts. Many working artists now continue this tradition by making their homes and having their studios here. The neighborhood is also home to many galleries, alternative arts spaces and arts organizations. NELAart provides a resource to share information and ideas, and assist in promoting galleries and organizations. Please join us in celebrating the arts in Northeast Los Angeles.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale
City: Eagle Rock
Listing Price: 1274500.00
Bedrooms: 4.00
Bathrooms: 2.00
Listing Number: 22134532
Marketing Remark: PRICE REDUCED! TWO HOUSES THREE ADJOINING LOTS! SPECIAL PROPERTY! EAGLE ROCK!! NORTH OF COLORADO!!! EXCLUSIVE HILL DRIVE LOCATION!!!Hilltop Swiss Chalet with Amazing Views. WHIMSICAL and ENCHANTING is what best describes the character and charm of this fairytale like property. Situated on a 20,000 sqft lot one can only imagine the possibilities this property will boast. A must see. ATTENTION! ATTENTION!!ATTENTION!!! This property is sold in conjunction with two adjoining properties; 5341 Hilltop Road (1 bed one bath with loft and balcony) parcel# 5671001024 lot size 7,546 sq.ft and parcel# 5671001003 lot size 6,109 sq.ft. THREE ADJOINING LOTS!!! TWO HOUSES!!! ONE PRICE!!! In total over 3/4 of an acre (34,000 sg.ft.) of land. AMAZING OPPORTUNITY! INVESTORS WELCOME! Please see pictures and attached documents (plat map)for additional property information and details.
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale

City: Los Angeles
Listing Price: 999000.00
Bedrooms: 4.00
Bathrooms: 6.00
Listing Number: 12126647
Marketing Remark: Reduced! Silver Lake Hill's finest is just yards from the lake itself where cool breezes dance upon the trees and invite you in to your dream house. City views await, after a jog around lake, and a swim in the refreshing pool. Lge main house with a goregeous living room w/ marble fireplace, family room, dining area, kitchen, bathrooms all with granite counter tops and a masterful suite downstairs which has its own large private bathroom, office, balcony and lounge area. Top floor used as an artists loft or spare room w/sky lights. Front house is a private one bedroom, one bath separate house atop the three car garage. Wonderful home accented by sky lights, balconies, short distance to Silver Lake & dog park. Quiet & private culdesac location. Hardwood floors in master, high ceilings in family room, mouldings & much more accents this retreat in highly sought after Silver Lake Hills area. View the lake from the rooftop patio. 2341 & 2343 Ewing -see aerial photo
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale
City: Los Angeles
Listing Price: 636000.00
Bedrooms: 4.00
Bathrooms: 3.00
Listing Number: 12130656
Marketing Remark: Fabulous architecturally interesting w/numerous new upgrades: all copper plumbing, roof, copper gutters, electrical, recessed lighting, restructured foundation, dual paned windows, C/A;F/A, tankless water heater, killer kitchen w/Subzero, Bosch dishwasher,Wolf range, granite counters, cabinets galore, extra prep sink or wet bar,redwood deck, etc. etc. The 180 degree views alone are breathtaking!! The lower level (all permitted) is a huge Master Suite/Retreat/family room w/bamboo & porcelain floors complete with Jacuzzi tub in the full bath! The rear private patio and yard is perfect for entertaining or your morning coffee!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale

City: Silver Lake
Listing Price: 550000.00
Bedrooms: 2.00
Bathrooms: 2.00
Listing Number: 12135188
Marketing Remark: Nestled behind the famed Silverlake Reservoir, the Silverlake Mix Lofts offer a wonderful city living for your style conscious buyer. The multi-story unit comes with a 2-car attached garage with direct access, in-unit laundry, central air and heat, large windows displaying the hillside views, dark pergo floors and much more. High ceilings adorn the home with a balcony that offers great outdoor space. An attractive, open kitchen comes with stainless steel appliances and marble counters. One bedroom floats above the dining room and the additional open spaces can be used for another bedroom, work or studio. The building was newly built in 2005 with the most contemporary and chic architectural design. Markets, restaurants, bars, dog park, freeways and Los Angeles landmarks are right around the corner. Unit is pre-wired for an alarm system. Ideal for a small family who loves the city life or for someone who wants to conduct business from home.
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale

City: Los Angeles
Listing Price: 599000.00
Bedrooms: 3.00
Bathrooms: 2.00
Listing Number: 12134571
Marketing Remark: A true oasis set in the trees accented by flowering gardens.Something for everyone in this character home!From 20's charm to mid century mod.Coveted location on a serene cul-de-sac offering a lush setting w/distant City(Long Beach)&tranquil canyon vws!Every rm designed w/an abundance of windows. Beautiful oak flrs thruout, cool retro kitchen w/plenty of wd cabinets & a butler's pantry.The rustic den offers high open wd beam ceiling&a warm brick f/p.The guest BA is immaculate w/retro tile+ a new elegant main BA w/contemporary styling and a skylight. A central rm offers itself as an office,breakfast or dining area.One of the BRs has a seperate entrance,great for home office.All the aesthetics one could want with the peace of mind of a bolted and reinforced foundation.Cooper Plumbing.One car garage re-built in 2000. Drive-way offers parking for 5 cars!Minutes to the Goldline & Downtown LA yet feeling as though your in the country. This is what defines Mt Washington canyon living!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale
City: Los Angeles
Listing Price: 500000.00
Bedrooms: 2.00
Bathrooms: 1.00
Listing Number: 22135607
Marketing Remark: A-Z House - The Los Angeles Home and Workspace of Contemporary Artist Andrea Zittel -- Compact, open, and livable, this Spanish influenced California bungalow has been re-tooled for efficiency and comfort. Sited on a hillside on the Southwestern slope of the San Rafael Hills, between Eagle Rock and the heart of bustling Highland Park, this urban oasis offers fine detailing and bleeding-edge design influences - at a very popular price point. Completely renovated, the property has a contemporary feel and offers open plan living and a true connection with the outdoors. Outdoor spaces include terraces, patios, mature trees, vegetable garden and a cantilevered deck. The mechanicals have been reworked and everything is ready to welcome the new owner.
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale

City: Los Angeles
Listing Price: 495000.00
Bedrooms: 3.00
Bathrooms: 3.00
Listing Number: 22135640
Marketing Remark: BRAND NEW - WITH A VIEW! - LESS THAN $250/SQFT! Near So Pasadena & Alhambra - Modern Familing Living on a Quiet Street. SMART FLOOR PLAN w/ Great-Room - OPEN KITCHEN w/ ITALIAN MARBLE & SLATE, MAPLE CABINETS w/ self-closing doors. Appliances finished in STAINLESS STEEL. KITCHEN ISLAND. Recessed lights & pendant lamps provide great task lighting. 21 ft.-long BALCONY-DECK w/ GREAT VIEWS & room for the Bar-B-Que. 3 bdrms & 2 MORE baths downstairs include the PRIVATE MASTER SUITE W/MARBLE COUNTERS, DUAL SINKS. SLATE & GLASS BLOCK IN OVERSIZED SHOWER. WALK-IN CLOSET & PRIVATE BALCONY. - LARGE CLOSETS in each bedroom & LOTS of Extra Storage IN BONUS AREAS NOT COUNTED IN SQ FOOTAGE. JACUZZI TUB in main bath. Convenient LAUNDRY ROOM. - Fire sprinklers, security camera w/ wiring to kitchen. - A QUALITY BUILT HOME - A GREAT BUY - a WELL-KEPT SECRET REVEILED - An opportunity not easily found in neighboring cities! MINUTES TO DOWNTOWN, CAL STATE L.A. & FREEWAYS. You need to see this!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale
City: Los Angeles
Listing Price: 451000.00
Bedrooms: 3.00
Bathrooms: 1.00
Listing Number: 22134118
Marketing Remark: Located in the hills of Garvanza, this charming home sits overlooking the neighborhood below. Full of light, this remodeled home includes: newer electrical, copper pluming, remodeled kitchen, large laundry room, newer double pane windows, blinds, newer carpet, tile and much much more! A large back patio off of the kitchen and back room creates a perfect environment for entertaining. Fenced in yard is perfect for dogs and separate parking. A wonderful place to call home with old world charm mixed with modern upgrades.
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale
City: Los Angeles
Listing Price: 410000.00
Bedrooms: 2.00
Bathrooms: 1.00
Listing Number: 12135780
Marketing Remark: Great opportunity for first-time home buyers. One story, mid-century house located in a woodsy cul-de-sac in a terrific Eagle Rock neighborhood. This home features 2 bedrooms, plus an extra room (possibly a 3rd bedroom), central air and heat, newer roof, pergo flooring in the living room and dining area, tiled floors and counter tops in the kitchen and a newer sink and toilet and tiled walls and shower in the bathroom. The front yard has drought resistant plants with a drip system. Backyard is terraced with a small patio area. Close to shopping and schools
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.
March 10th, 2010 ~
Posted in NELA Living, Northeast Los Angeles Homes for Sale
City: Los Angeles
Listing Price: 419500.00
Bedrooms: 2.00
Bathrooms: 1.00
Listing Number: 22133625
Marketing Remark: This is a cute 1924 California bungalow home that needs some t.l.c. but has had alot of work done. The original Batchelder fireplace as well as the bookshelf cabintry is beautiful with original counter,drawers and beveled mirrors. The home has archways,crown molding and wood floors, ceiling fans as well as re-finished original interior doors.A new roof baseup 2005 & new sewer line and a fully remodeled bathroom with copper plumbing. Altho, the kitchen needs tobe remodeled there is a 36 Viking range & hood free standing that the owner would sell.The covered front porch is the perfect place to read a book and the private backyard hot tub to relax in & enjoy the view.
You are viewing a live feed of new listings from ITECH Multiple Listing Service. Would you like to see this property? Please call Bob Taylor Properties at 323.257.1080 for an appointment to see this home or any other home currently on the market.