Market report for Northeast Los Angeles neighborhoods

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Week of May 19, 2014 through May 26, 2014

  • New listings: 38-
  • Back on Market: 7-
  • Price Reductions: 19+
  • Pending/Back up: 28-
  • Sold: 25-
  • Total inventory available: 212-

Compare past market reports by clicking here.

Weekend calendar: Featured open houses in Northeast Los Angeles

This weekend is full of some great open houses in Northeast Los Angeles, including the neighborhoods of Eagle Rock, Echo Park, Los Feliz and Highland Park on Sunday, May 25. Check out these great open houses!

Want a private showing? Call (323) 300-1186 today!

Click here for a map of all our featured open houses.

Los Feliz

1954 N Berendo St | 2 BR, 2 BA | $999,000

Eagle Rock

4844 Hartwick St | 3 BR, 2 BA | $822,000

Highland Park

1978 Phillips Way | 3 BR, 2 BA | $663,000

Echo Park

2411 W Sunset | 2 BR, 1 BA | $599,000

Highland Park

4840 Eldred Street | 2 BR, 2 BA | $549,900

Want a private showing? Call (323) 300-1186 today!

Don't care for any of these listings? Search for more properties.

Ask a Realtor: I've never bought a house before, where should I start?

Q: I've never bought a house before, where should I start?

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A: The best place to start is getting educated about the process. Like all important life decisions, it’s always best to communicate with someone who is experienced and who can help paint the broad strokes of the big picture for you.

There is a ton of information available online and there are so many components involved in real estate that it can be overwhelming. Speaking to someone with expertise early on will save you a lot of energy - all it takes is a one hour consultation.

Here are the steps we recommend to purchasing your first home:

  1. Find a location
  2. Define basic parameters of what you’re looking for
  3. See what you qualify in terms of a loan (a Realtor can help you with that!)

1% makes this the steepest street in Los Angeles

Thought San Francisco had the steepest streets in California? Think again! Los Angeles has not only the steepest streets in California, it also touts the largest number of steep streets in the U.S. Today we huffed and puffed up one of the steepest in California, and it’s in Northeast Los Angeles. Located on the border of Mount Washington and Highland Park, the 100+ year old Eldred Street has a 33% grade and an elevation gain of 219 feet. While it is 0.3% less than a street in San Pedro, it’s much, much longer.

It’s so steep that the street has a special garbage truck that backs up the hill before slowly making its way town to pick up trash. Residents have to pick up mail at a group of mailboxes at the bottom since the Postal Service won’t risk going up.

Fargo and Baxter in nearby Echo Park are often considered to be the steepest, but the city only lists those as having a 32% grade.

At the top of the dead-end street is a 196 step wooden stairway that takes you to Cross Avenue. If you can make it to the top, there are incredible views!

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Check out a video from our favorite Los Angeles tourguide, Tom: