

DTLA Market Update – March 2022
The Downtown Los Angeles (DTLA) real estate market is unique in Southern California. In our market report, we review market stats, recent sales, and the business environment to get a sense of the DTLA market recovery.
I was thrilled to embark on my first investment project! I have a passion for historic homes and architecture, so this project was especially rewarding and meaningful for me. The property was the typical “blighted house” on the block – an eyesore for the whole neighborhood, it had sadly suffered from years of neglect and was almost entirely gutted. My partner Carrin and I worked to carefully restore and update the character-rich home to preserve the original design, while modernizing the layout and amenities. Working closely with an architect and a contractor, as well as the city planning department and historic preservation, we kept the original footprint of the home intact and restored the historic facade, which had been altered in the 70’s. What resulted was a truly unique property, sitting prominently on a raised corner, which celebrates the historic charm of this beautiful turn-of-the-century neighborhood! Keep reading below for more details about the property, as well as the dramatic before & after photos!
This historic 1911 craftsman received a complete top-down restoration! The original character blends seamlessly with new systems and modern style. The open concept layout is full of natural light and provides ample living and entertaining space. This home boasts 3 beds, 2 full baths, plus a sunroom office. The oversized corner lot has multiple outdoor living spaces, enclosed by a hand-built fence. Beautiful open kitchen w/ shaker cabinets, quartz counters, new appliances & a breakfast bar. Brand new systems include copper plumbing, complete electrical re-wire, new 200 amp panel, tankless water heater, central HVAC & recessed lights throughout. The home was originally built in 1911 for Morton Wood, a foreman for the San Dimas Lemon Association, & was later owned by Floyd Godfrey, the San Dimas postmaster. The locally produced cast stone foundation and original native stone retaining walls contribute to the historic integrity of the neighborhood.
3 BEDROOMS
2 BATHROOMS
1473 SQ. FT.
8176 SQ. FT. CORNER LOT
• New fingerprint-resistant Samsung appliances
• Quartz counters
• Nonporous material resists stains and does not allow bacteria to grow
• Custom shaker cabinets with soft-close drawers and doors.
• Huge pantry with frosted glass french doors
• Dual function sprayhead faucet
• Custom window replacement to match original
• Custom window replacement to match original
• Custom window replacement to match original
• Bellagio Rovenza European Oak
• Designed to reduce moisture
• Residential warranty: Lifetime structure, 25 year finish
• New copper piping
• Washer dryer hookups
• New Noritz© tankless water heater
• Water and scratch resistant porcelain hexagon tile
• Classic subway tile
• Vent fans, recessed lights and vanity lighting
• Custom frameless shower glass enclosure In master bath
• Solid 3-panel craftsman doors on bedrooms and bathrooms
• Solid 5-panel craftsman doors on closet tracks
• Complete house rewire
• New 200 amp panel
• Subterranean wiring to garage (No overhead wiring)
• 28 recessed lights
• Custom landscape design
• New landscape timbers retaining wall
• Drought tolerant plants
• Compliant with the City of San Dimas landscape requirements
• New dual zone automated drip irrigation system
• Custom hand-built cedar fence with four locking gates
• Historic craftsman windows
The Downtown Los Angeles (DTLA) real estate market is unique in Southern California. In our market report, we review market stats, recent sales, and the business environment to get a sense of the DTLA market recovery.
To achieve a quick sale and the highest possible price, it’s crucial to polish your home’s image to make it as inviting as possible to potential buyers! In this guide, we lay out a step-by-step process to make sure you are covering all your bases when preparing your home for sale.
Part 2 – The continuation of our podcast-style interview with a lender! In this interview we dive deep into the topic of loans to answer some of the biggest questions, including what mistakes you should avoid!