Friday, October 27, 2017

Investing in Elysian Park

You don’t have to be a Dodger’s fan to covet a home base in one of the hottest new development areas in L.A.  Like many burgeoning areas along the Los Angeles River, a renaissance is occurring near the oldest municipal park established in the city, where the unparalleled vistas and artisanal delights offer an unexpected escape from the city.

At 600 acres with beautiful views of downtown LA, Elysian Park is close to multiple freeways which makes it easy to navigate the heavily trafficked city.  Once considered useless land, (thus the name “Elysian”, which refers to the afterlife), this neighborhood has been resurrected and has blossomed into a hipster haven, much like Echo Park and Silver Lake.   The combination of the mysterious, old beauty of classic LA and the panoramic views and art galleries make this an unusual and magnetic place to explore.  Like the terrain, you will always find unpredictable, hidden gems and charming trails to enjoy and we, at Bienstock Group, pride ourselves in being one of the original trailblazers.

2320 Glover was listed with The Bienstock Group and sold for $420,000.  This property was rehabbed and went back on the market for double the price!!  The desirability of this neighborhood has been influenced by the ever-increasing prices and incredible surge of opportunities to buy and flip without having to break the bank and spend millions.  Minutes from Chinatown and a myriad of delectable delights, makes this the quintessential adventure and investment of a lifetime.

If you are looking for an outstanding real estate investment, as well as a place to hang your art, we recommend this tucked away haven which hugs downtown LA.  We want to find you a place that you love, because we love what we do.

The most prestigious schools in the area are:

  1. Washington Irving Middle School Math, Music and Engineering Magnet
  2. Solano Avenue Elementary
  3. Los Angeles River At Sonia Sotomayer Learning Academy

 

 

 

 

 

 

 

 

 

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