It's the last week in December, when according to tradition we make up a bunch of awards and hand them out to all the best, worst, and shitshowiest of things that happened in Los Angeles real estate, architecture, and neighborhoods this year. These are your 2014 Curbed Awards.
At the beginning of the year, listings site Redfin predicted that Eagle Rock would be the second hottest neighborhood in the whole nation. At the end of the year, Redfin reports that it was at the very least home to the hottest house in Los Angeles. They calculated the "hottest houses" using a proprietary "Hot Homes algorithm," as well as the number of days a house spent on market, how much over list price it sold for, and whether or not it incited a bidding war. LA's three hottest houses in 2014 were all in Northeast LA, which shouldn't be too surprising, considering the real estate market over there this year (million-dollar houses in Highland Park!). These desirable dwellings range from fixer-uppers to move-in ready, but they all sold in eight days or less.
List price: $699,000
Sale price: $805,000
Days on the market: 3
Originally built in 1916, this updated bungalow in in-demand Eagle Rock has three bedrooms, two bathrooms, and a front porch. The backyard is spacious (big enough for a pool, the listing suggests) and landscaped for privacy. There's nothing a buyer would have to do to this place except move their furniture in.
List price: $299,000
Sale price: $435,000
Days on the market:: 8
There's big potential in this 1918 Highland Park Craftsman, whose sweet built-ins and lovely woodwork details from the period have been "mostly undisturbed." There's also a great deal of work to be done in its two bathrooms, three bedrooms, yard, and kitchen, but that didn't deter the buyers, who paid $135,000 over the list price.
List price: $299,000
Sale price: $345,000
Days on the market: 8
Yes, this Cypress Park two-bedroom is unassuming from the outside, but walk inside and BAM! There is some architectural drama going on. That curved doorway framing the fireplace, the box-beam ceilings, at least one set of French doors—there are some great features tucked into the 1908 house. It looks fairly well-maintained and has at least one modest but recently updated bathroom. Located just around the corner from the Heritage Square Gold Line station, it's not surprising that this house sold so quickly.
· Hottest Homes of 2014 [Redfin]
· Prediction: Eagle Rock Will Be Second Hottest US 'Hood Of 2014 [Curbed LA]
· Meet the First Million-Dollar Houses of the Highland Park Boom [Curbed LA]