Yes, Immaculate Heart School Wants To Tear Down This Cottage
There are important legal issues extending beyond this house. It is covered by an emergency ordinance to prevent the tearing down of any homes or the mansonization of any homes until the HPOZ is finalized. The Interim law started March 2008.
This quaint little home is at the southern end of The Oaks, and if the city gives a demolition permit to tear down this house, no house in The Oaks is safe from demolition. According to the Council District, the prohibition on demolition does not apply even the owner tells the City, "We plan to leave the lot vacant." That silliness destroys the law that forbids the tearing down of homes.
The house costs the school almost nothing. They bought it for about $270K. It could rent for $2K month. That’d be $216 mas o memos, que no?
They have turned down offers this summer to rent it and instead tore out the heating units and dismantled the bathroom. Before IH attacked its own house, it was worth between $600K and $720K. It’s got to be worth less now, but who’se to blame? No one force the school to trash the house.
This is a case of Zone Busting. Rather than bust the zoning, the school should build a parking lot on the land on its northern border just off Western Ave. There’s plenty of room and no home has to be demolished.
Another One: Universal Lofts Now A Rental Building
Part I of II:
I actually leased one of the units that most of you have been disparaging on this blog site. My unit overlooks the 101 freeway, and I love my view. There is lots of greenery to enjoy on the Universal Studios side of the freeway, and the watching the passing vehicle traffic throughout the day is kind of cool. The units along the freeway are all facing north, so we don’t get any direct heat gain, but lots of indirect sunlight. The windows on the freeway side are dual-paned and you literally cannot hear the traffic unless you have a window or door opened on the south side of the unit, and even then it’s a subtle white noise. My neighbors and I really feel lucky to have gotten our particular units, and we enjoy meeting the various new people that have chosen to move in recently. I understand that about two-thirds of the project is lease-to-own and one-third is a straight lease.
Some of my neighbors just live here and work elsewhere. Most of my neighbors live and work here, and there are even a couple of units that are only used for offices and not occupied at night. I believe that as strictly housing, it’s a pretty expensive place to live and a luxury for sure. As office space, it’s comparable if not cheaper than what you can find elsewhere on Sunset Blvd., Hollywood Blvd., or Ventura Blvd. As live-work space, it cannot be beat. I currently pay $5,350 for my unit, and I operate three employees out of the unit during the weekdays. Prior to moving here, I had a $3,000 mortgage payment for a 1,400 square foot townhouse in the North Valley and $2,800 office rent (plus parking fees and various other costs) for a 1,200 square foot office in Sherman Oaks. I have no commute, my auto insurance rates have gone down because apparently 90068 is safer than 91325, I eat two less meals out each day, and I am a half hour closer to everywhere that I ever go for dining, work, or play.
Because the L.A. Fitness is right across the Universal Studios Blvd. bridge from Universal Lofts, I’ve actually gotten back into the routine of going to the gym regularly each morning. There are also three Starbucks, two Panda Expresses, In-N-Out, one Poquito Mas, a huge AMC movie theatre with IMAX, and lots of other food and entertainment options (including CityWalk) within walking distance. It’s also super close to Burbank, Studio City, and Hollywood shopping and dining options.
The other day, my partner and I walked from Universal Lofts to the subway station (about one mile) and took the subway to Downtown so we could see a show at the Nokia Theatre at L.A. Live. The subway ride was 19 minutes each way. We didn’t have to pay for parking, we got to enjoy a brief walk, and we felt more connected to this city than ever before.
Although at first, I minded that I’d have to install my own closets in the master bedroom, it actually became an opportunity to really customize the house the way we wanted it. We ended up building custom closets from IKEA that are unlike anything that I’ve seen in anyone else’s home. We maximized our storage space while taking advantage of the expansive space we have on the top level of the unit.
The depth and size of the garage also presented an opportunity for us to divide the space into three completely separate areas in which to park two vehicles, install three employee workstations, and a house a laundry/pantry area that supplements our kitchen storage space on the main level. We used storefront glass to separate our vehicle space from our work/pantry space. Tall file cabinets divide the work area from the laundry/pantry area. We’ve received numerous compliments from our neighbors for how intensively but tastefully we’ve used our space.
I know a house for sale in Sherman Oaks, with a not too dissimilar architectural look, that is ten times better looking, overlooking the valley, and is in wonderful condition, and is selling for similar economics. Unless you must live in the Silver Lake area, this thing is a piece of garbage, especially since neither the kitchen nor the baths are shown – better known as the places where you really need to spend money to make them look good.
Third and ten, time to pass.
And One Wag is correct on the deco issue.
ps – does the sun ever shine into this place, or is it the photography?!
@travelingman: If you think slaughtering a few people in cold blood during a robbery is akin to marking up Junk Bonds beyond their book value then you’re suffering a bit of moral relativism.
As far as your assertion: "if we were a right-wing bastion of unfettered greed and rush limbaugh politics, we’d be screwed….violence would be worse…some logic, some common-sense and some degrees of compassion are needed" If those words were indeed true then one would expect the O.C. or Thousand Oaks to resemble Beirut.
I’ll clue you in on something. Transform Toronto into a third African-American and another third Latino and it’s murder rate would resemble that of most American cities. Guns don’t kill, minorities kill…..
I follow Westside prices as avidly as anyone here-albeit from 3000 miles away. Limited as I am to Redfin-I see little "weakness" on the Westside although I notice new listings are a bit more aggressively priced. There just isn’t a lot of supply though. A year ago I thought I’d be buying a charmer in Brentwood for 900k. (‘02 prices) Hell you can’t even buy a decent house in Sherman Oaks for under a mil. L.A. has in my view made a perma, macro revaluation and those of us who dream of living large in BH at the present price of a condo in mid-Wilshire are whistling Dixie.
Jumbo crisis in Beverly Hills? Hardly. You can see the Westside demographic in the Courier. Ladies who Lunch. Octogenarian Jewish folk who’ve lived there since 1966 at a cost basis of 200k. Brentwood, Bel Air and the Palisades all in strong hands. Hence the bid underneath by younger buyers in Los Feliz, Silver Lake, Studio City, WEHO etal.
Welcome to the New World of L.A. prices where a kick ass Westside property with view and pool will be as valuable as a boxy co-op on freezing 5th Ave. For too long L.A. was <cheap to the Boston’s and Bay Areas. That dichotomy as been arbed out by lifestyle conscious buyers……
Legislation Reconfirms Legislatureâ€â"¢s Desire to Protect Responsible Rescuers
January 28, 2009 (Sacramento) – Today Assembly member Mike Feuer (D-Los Angeles) announced Assembly Bill 83, legislation to encourage individuals to assist others responsibly in emergency situations.
"It would be tragic if anyone were to hesitate to help someone in an emergency out of fear they might be sued," said Feuer. "This legislation encourages Good Samaritans to intervene, and to act responsibly."
Feuer introduced AB 83 following the California Supreme Courtâ€â"¢s December, 2008, decision in Van Horn v. Watson. In the case, the California Supreme Court ruled that Californiaâ€â"¢s Good Samaritan statute only provides legal immunity from lawsuits for persons providing â€Å"medical care†at the scene of an emergency.
AB 83 immunizes Good Samaritans from liability when they assist others at the scene of an emergency—regardless of whether the care provided is of a medical (e.g., CPR) or non-medical nature (e.g., pulling someone out of a burning building)â€â€unless the person providing assistance acts in a reckless or grossly negligent manner. (The bill maintains Californiaâ€â"¢s complete legal immunity for medical professionals providing medical care at emergency scenes.)
Feuerâ€â"¢s bill would place California law in line with the statutes of most other states. Currently, forty states and the District of Columbia typically immunize Good Samaritans from liability unless they act recklessly or in a grossly negligent manner.
Feuer was moved to introduce AB 83 by personal experience. While driving home from work on a Los Angeles freeway several years ago, he witnessed the driver of a pickup truck swerve and lose control, overturning the truck in traffic. Feuer helped pull the driver and his family from the overturned vehicle while others blocked traffic on the busy freeway.
Assemblymember Mike Feuer was elected to the California State Assembly to represent the 42nd Assembly District, which includes all or part of the Los Angeles communities of Sherman Oaks, Studio City, North Hollywood, Valley Glen, Valley Village, Toluca Lake, Universal City, Griffith Park, Brentwood, Bel Air, Holmby Hills, Beverly Glen, Westwood, Century City, Hollywood, Fairfax, Hancock Park, Los Feliz, as well as the Cities of Beverly Hills and West Hollywood.
Curbed Poll: Renovated Hollywood "Mediterranean Modern"
^^^^ How about Santa Monica to West LA for 250K or even Brentwood. Then what happens? Would you move to Sherman Oaks to save 300k and have a pool? How about paying the same amount but having a view in Los Feliz? This is what you are discounting… that people are shopping for what is the best deal for their money. They may be buying a 1.5mil house but if their money goes further in another Acceptable area then they will at least entertain the thought. Most rich people didn’t get rich by being idiots if they can get a deal they will try to… And to the people who think there are only a few "good" areas of town … well f-off you are a prick.