14th Wednesday Mar 2012

Price Drop: Modern Silver Lake Hideaway

Written by: Vanessa
Comments: 0
Category: SizzList: Price Drops

2305 Effie St., Los Angeles, 90026 - Lush & secluded hideaway in Silver Lake

Few things are better than a hearty price drop on a head-turning home. For your consideration, today’s hottest drop is on a stunning 1907 Silver Lake hideaway with a whopping $173k reduction.

Living room with beamed ceiling

There’s nothing I don’t love about this 1907 home from the secluded location, to the indoor/outdoor feel, the views and the exposed beamed ceiling. I don’t even care that walls were taken out to make this 3 bedroom home, into an airy and open space with only 1 bedroom. The home also features a massive master suite with views, a seating area and office

As far as it being on the market since last summer, let’s face it, $698k for only 1 bedroom may be a bit much for traditionally-minded buyers. It’s just drywall, insulation and framing folks — if you need delineated rooms, put them back in. With a shiny new price of $525k, I’ll bet this home will finally get the serious consideration it deserves. To view this very L.A. home, let me know.

Kitchen at the far end of the living room

Master suite with sitting area and views

Bath

Views for days

At a Glance

  • 2305 Effie St., Los Angeles, 90026
  • $525k from $698k
  • 1 bedrooms/2 baths
  • 1342 sq. ft., 8059 sq. ft. lot
  • 1907 Modernist
  • Short Sale, Loft-Like, Lush Grounds

Listing courtesy of Rosemary Low – Sotheby’s Los Feliz

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