* Correction 7/16: This post originally stated the unit last sold in 2001; it was actually 2011.*
Fresh on the market in Silver Lake is one of the units in Gregory Ain’s Avenel Cooperative Housing Project. Listed on the National Register of Historic Places, the experimental postwar development was built for a collective of 10 families who each contributed $11,000. Each home in the International Modern-style development was designed with a flexible floor plan and private garden.
Located at 2845 1⁄2 Avenel Street, the newly available unit was renovated in the early 2000s by architect Michael Folonis. Measuring 1,114 square feet, it features sliding partitions that allows it to be used as either a one-, two-, or hypothetically even a three-bedroom.
Other attributes include built-in furniture, an updated bathroom and kitchen, linoleum flooring, transom windows, and a wall of sliding glass that opens to the private patio with views of the Silver Lake hills. The unit also comes with a laundry room and one-car garage.
Last sold in 2011 for $640,000, the condo is now asking $995,000, along with monthly HOA fees of $430. Rob Kallick and Laura Marchetti of Compass share the listing. Open house is scheduled for 11 am to 2 p.m. Tuesday.