NELA: The latest word in LA news
In the days of the Red Cars, the neighborhoods close to downtown LA were bustling centers of life and business. Then came the automobile, freeways, suburbs and malls. Now, in a move away from urban sprawl and long commutes, focus is shifting back to downtown and the surrounding neighborhoods of Northeast LA — NELA. One of the area’s oldest communities, Glassell Park, is emerging fast. Set on a hillside with awe-inspiring views in every direction, it’s the entrance to NELA. Popular shops, cafes and restaurants are just down the street in Eagle Rock, Highland Park and Atwater Village. (NELA’s 14 neighborhoods also include Arroyo Seco, Garvanza and Mount Washington.) The 2 and 5 freeways intersect nearby, providing easy access to all of Los Angeles. The world-class museums, fine dining, concert and sports venues of downtown are minutes away, and it’s a short drive to the wonders of the Angeles National Forest. Our Eastside expert Tracy Do found out just how desirable the neighborhood was becoming when she was named exclusive agent for the newsmaking NELA Union development. She sold the majority of the stylish, intelligently engineered townhomes, priced from $475K to $699K, in under a year. “From the day we opened our sales office, NELA Union was greeted with enthusiasm, high demand and rapid sales,” Do says. She reports that the owners are loving their new homes and enjoying the Glassell Park neighborhood, where new shops, cafes and markets are opening all the time. The rebirth of any urban community always comes with a challenge: encourage growth while protecting livability and a diverse, inclusive community. As the new NELA takes shape, it could serve as a prime example for other LA communities entering their own complex cycles of change.
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Straight Talk »

The median home price in Greater Los Angeles was up by 14 percent in March from one year earlier. Homes are selling faster than they were one year ago, and almost half of homes sold in March commanded premiums.Main Takeaways:Sales of affordable homes in Los Angeles further declined in March from...

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Properties »

Set on nearly an acre on a quiet cul-de-sac off Willow Glen, the property at 2617 Harlesden Court is minutes from the Sunset Strip, yet worlds away. Trails and rustic railroad tie steps meander through the Zen-like landscape, leading from the lush tropical pool to a bocce court with peaceful...

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Properties »

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