Thursday, February 17, 2011

L.A. Real Estate Agent Rates Highland Park in Top Five Desirable Northeast Los Angeles Neighborhoods

Highland Park, Calif. - Highland Park in Los Angeles has great benefits according to local real estate agent Raphael Guerin, who rates Highland Park in the Top Five Desirable Northeast L.A. Neighborhoods. Guerin, who specializes in Northeast Los Angeles real estate, says that Highland Park offers a culture of appreciation for the arts and a sense of community to residents that can be difficult to find elsewhere.

Guerin says that Highland Park's affinity for the arts goes back to its history as a charming artist's colony and gateway to the City of Los Angeles back in the 1800’s and early 1900’s.

"Highland Park stands out among L.A. neighborhoods as the home of Los Angeles' first museum, the Southwest Museum. In fact, an historic piece of Highland Park real estate is the rustic stone and adobe home of Southwest Museum founder Charles Fletcher Lummis. The Heritage Square Museum of several preserved Victorian Homes is an additional attraction that also holds various events throughout the year for the community."

In addition, he states the Audubon Center at Debs Park is a prominent fixture in the area with a variety of family programs being offered.

"Highland Park is the home of one of the most respected nature conservation centers in the country, located in nearly 300 acres of scenic native woodlands and grassy fields which also expands into the community of El Sereno. Over 140 species of birds have been spotted at the Audubon Center, and a number of nature programs are available to the public."

Guerin says that nature and the arts are not the only attractions for families interested in moving to Highland Park in Los Angeles, CA. He notes that the Craftsman, Custom and Vintage homes in Highland Park represent a sensational value for today’s buyers seeking character and view properties.

With over 200 properties sold this year so far in Highland Park, he says that bank-owned property inventory is minimal and short sales account for about 25% of homes presently for sale.

"There are many Highland Park homes for sale as interest rates hover in the 4% range offering a historic buying opportunity to get into this desirable Northeast L.A. neighborhood at bargain prices in a prime location."

Guerin says that average home prices range from the upper $300s to mid $500s, with inventory at approximately 100 single family homes now available for sale.

"Highland Park residential properties are currently under contract in about 60 days, with about 3.5 months worth of inventory. These are healthy statistics for this market."

What does all this mean for the average homebuyer? Guerin says that's an easy question to answer."

Now is a great time to buy a home in Highland Park, one of the Top Five Desirable L.A. Neighborhoods."

Raphael Guerin's Top Five Desirable Northeast L.A. Neighborhoods:

  1. Mt. Washington
  2. Eagle Rock
  3. Atwater Village/Silver Lake
  4. Highland Park
  5. Glassell Park

For more information, contact:

Raphael Guerin, Realtor/e-PR0
Short-Sale & Bank-Owned Certified Specialist
DRE-LIC # 01381746
Keller-Williams Realty
1660 Hillhurst Ave.
Los Angeles, CA 90027
(323) 369-5111
http://discovernelahomes.com

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