Don't Bet The Farm!

2300 Baxter St.
Los Angeles, CA 90039

I like this new listing in Silver Lake, but I am worried that it is priced too high.  What do you think?

It is a very chic re-envisioned 1930s bungalow transformed into what looks like a Virginia farmhouse.  I know that last sentence makes this pad seem questionable, but it's not.  Barbara Bestor did it in 2004 and it is very, very cool! But is it worth $925,000? It was sold for $372,000 in 2003 before the renovation.

Here is the situation:  It is listed as having 1,625 SF.  Per the assessor, it is 1,330.  I imagine that the converted garage makes up the difference.

Per the listing, "The pitched roofline and cement board siding evoke an east coast farmhouse, but simple interior volumes, sustainable materials & industrial ingredients are classic California modern."

It sits way above the street on a mostly usable 7,303 SF lot.  There is not much to say about the landscaping or outdoor spaces.  They are very spartan to say the least. The home possesses some decent views (away from the reservoir) and a nice deck from which to enjoy them.

The interior is very well conceived and makes great use of the small space.

It is listed at $925,000, has 3 bedrooms & 2 bathrooms. It is in Clifford Elementary.
Listing is courtesy of Barry Gray of Deasy Penner & Partners

If you want to see it, let me know. Email or call anytime!  (310) 991-3808