When looking for fixer uppers, you want to focus your search on those up and coming neighborhoods that are filled to the brim with potential while still having affordable options to choose from. We know thats not an easy thing to do in Los Angeles. Let’s take a look at some strategies you can apply to your search.
When looking for a fixer upper in Los Angeles, it is always a good idea to start off in the older neighborhoods. The homes were built in the early 1900s and were built solid and dependable, so you have good bones to work with.
With developments such as the Crenshaw line and Whole Foods coming to the neighborhood, South LA is hot right now. As we live in work in this neighborhood we know everything there is to know about where to find a great, affordable fixer upper and we are happy to share with you how to create a beautiful modern vignette in these historic homes without losing the bones and charm of the property.
We are talking east of the LA river here, neighborhood such as Highland Park, Elysian Valley and even Echo Park still possess many diamonds in the rough.Highland Park is considered a historic neighborhood and was one of the first subdivisions of Los Angeles, and is inhabited by a variety of ethnic and socioeconomic groups. El Sereno
With the The Crenshaw/LAX Line from north-south serving this Mid City, this is a good neighborhood to put on your list when you are looking for a fixer. The area is highly diverse in both people as well as amenities, including the nearby world class museum LACMA.
Another location to check out is Sherman Oaks. It is located near the 101 and 405 freeways which give you quick access to Hollywood and downtown Los Angeles. This area is a quiet community with tree-lined sidewalks and its fair share of mom and pop shops further adding to its charm. This area has several fixer uppers still available, but with the rising popularity and demand for this appealing neighborhood, people are reluctant to sell their homes.
This is the neighborhood that is home to the infamous 2,700-foot mural called, “The Great Wall of Los Angeles.” Homes here are still affordable despite the many more upscale communities beginning to surround the area.Right now, there are still plenty of fixers to choose from. We consider this an up and coming neighborhood in LA. Everything is being renovated, updated, and sold off quickly.
In short, if you are on the hunt for a historic single-family home or something much trendier, you definitely want to check out these LA areas as soon as possible.
The numbers and forecasts don’t lie. 2018 is going to be another challenging year for first time homebuyers. Los Angeles has an inventory shortage and as long as we have this shortage we will have bidding wars. Homes that do hit the market sell fast and home values will continue to rise, but, here’s the good news, they will rise at a slower pace.
What you need to navigate these competitive waters is a good agent, but how do you go about finding a great real estate agent?
Here’s what you should be looking for when selecting a real estate agent:
- Track record; do they have a proven track record in your search area? While starting agents can be a great match, in certain highly competitive areas it will help you to have an experienced realtor on your side. Ask for their track record and references;
- Keeping you informed; ask your prospective agent how and how frequently they intend to inform you of their home searches and if they are tech savvy enough to do a complete search of all the inventory on the market;
- Referrals; one of the best ways of finding a great agent is by asking your network, if you have any friends or family or co-workers that have recently purchased a home ask them who they used and if they were a good fit;
- Specialization; some agents work solely with buyers, if this has your preference, be sure to ask your prospective agent if this is how they work;
- Markets; ask your agent if they work in the areas you are interested in. Getting a great agent referred to you is super helpful, but only if they have experience in your area of interest. Often local agents have access to off market listings or know about properties coming to market before anyone else.
As with any good relationship, expectations matter. Get clear on what you expect from your agent and communicate your needs right from the start. Once expectations are clear, the right agent will be able to tell you which expectations are realistic and which ones are not.
Our agents are led by experienced broker and CEO Letty Vermeulen who created a boutique agency with Aspire Los Angeles and stands for the values that you’d expect from a boutique agency setting. Aspire is comprised of a team of professionals. You can expect personalized attention, an eye for detail and a highly motivated team.