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1940s Bungalow Hipster Flip in Atwater Village Asking $649k

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Judging by their recent sales in Silver Lake ($100k over asking) and Echo Park ($73k over asking), the hipster-courting flipsters of ReInhabit have managed to establish a pretty solid toehold in NELA's highly competitive real estate developer market. Their latest offering, staged by sister company LA Salvage, is a 1940s bungalow in Atwater Village with a kind of Pee-Wee's Playhouse vibe. Per the listing, the two-bedroom house's original kitchen, fixtures, cabinetry, bathroom tile, and pocket doors have been restored, while a second bathroom, walk-in closet, and laundry space have been added. Upgrades to the 1,164-square-foot residence include new floors, plumbing, electrical, and central heat and air systems, while the garage "has been re-purposed to a versatile space for work, play or entertaining." Sited on a 4,800-square-foot lot, the property (per Redfin, last sold in June as part of a multi-property sale for $680,000) is now asking $649,000.

· 3147 Atwater Avenue [Official Site]
· 3147 ATWATER Ave [Redfin]