One month after its neighboring unit closed sale for $1.22 million—an astounding $225,000 over asking—another condo in Silver Lake’s celebrated Avenel Cooperative Housing Project has become available. Listed on the National Register of Historic Places, the experimental postwar development was designed by Gregory Ain in 1947.
The upper level front unit of the 10-unit complex, 2845 Avenel Street has not been on the market since 1970. Measuring 992 square feet, it features sliding partitions that enable it to be converted to a one-, two-, or three-bedroom home. Other features include built-in storage, sliding glass walls, an updated bathroom, an enclosed side patio, and a newly constructed deck offering sweeping hillside and Downtown views.
The landmark condo is listed with Rob Kallick and Laura Marchetti of Compass at an asking price of $925,000, plus monthly HOA fees of $430. Open houses are scheduled for 11 a.m. to 2 p.m. Tuesday, 7 to 8 p.m. Thursday, and 2 to 5 p.m. Sunday.