Angelino Heights

 Angelino Heights Neighborhood los angeles

Angelino Heights
Zip Codes: 90026

Luckel house 1308 calumet ave

Many of the Victorian Homes in Angelino Heights were built without garages because at this time horse drawn carriage was main form of transportation

Angelino Heights is one of Los Angeles’ oldest neighborhoods. Developed by Everett Hall and William Stilson during the Land rush of the 1880’s, they named the streets – Carroll, Marion, Allison, Helen, Wallace, and Everett— fater their family members. Iona was the home town in the midwest of the Hall family. The neighborhood has been on the way up in recent years.

160 Lots for homes to be built on

Only $500 for a lot in 1902!

Most of the development in Angelino Heights happened between 1900-1910. These homes were large two story properties built for the upper middle class. With the passing of time, some of these 19th century properties have fallen into great disrepair. If you are a homebuyer looking for an opportunity to buy a big historic house to fix up, this is a great place to find one.

Angelino Height fixers

Angelino Heights Fixers

Every Lot in Angelino Heights is zone R2, which is a multifamily apartment zone. The Neighborhood fell on hard times at least twice in its 100-year history. During those times, large houses were converted into boarding houses, and many historic properties were torn down to building apartment buildings. Of the 760 Properties in the neighborhood, about 60% are apartments, and 40% are homes. There are virtually no condos. With high rents and lower prices, this is an attractive area for cash flow investment or for live in one and rent the other(s) landlords.

The community is a hillside community, so building and parking can be difficult. Homes on the top of the hill have sweeping city views.

Angelino Heights is probably best known for its Victorian era homes that lay on charm with a trowel. Take a stroll down Carroll Avenue and enjoy these magnificent and rare gems.

Angelino-Heights-Carroll-Avenue-sign

Angelino Heights was the first neighborhood to be designated as an HPOZ in 1983. In addition to Victorians, the area has some great Craftsman houses that were popular in 1910-1920.

This LA neighborhood is a colorful and eclectic mix of historic homes, income property, and people.

Location

Angelino Heights Map

Angelino Heights is a neighborhood within the city of Echo Park. It’s boundaries are Echo Park Avenue on the west, that runs along the wonderful Echo Lake. Sunset Boulevard to the North, and the 101 Freeway.

Lago_Vista_View

View of Angelino Heights from Lago Vista Condos

The main activity areas for Angelino Heights are Sunset Blvd and Echo Lake Park. Sunset Blvd has a host of café’s, record and book stores, bar 1, bar 2, bar 3, restaurants (including vegan options), art galleries, and music venues- I personally love the echoplex. There is even a bike shop! Once a year the neighborhood has a weekend festival called echo park rising that is quite well attended.

In addition, Downtown Los Angeles is only 15 minutes.

echo park vons

The Vons at 1342 N Alvarado St will probably be your regular spot for groceries. I love this place!

Every Friday there is the Echo Park Farmers market from 3PM-7PM.

Architecture

VICTORIAN- Angelino Heights is one of Los Angeles’ last remaining bastions of Victorian architecture. It’s hard to believe that at the turn of the century Victorian architecture was one of the city’s most popular styles. You kind find the Victorian homes in the oldest part of the neighborhood on Carroll Ave, Kellam Ave and Calumet Ave. The owners on Carroll paid to bury electric powerlines and install vintage streetlamps.

CRAFTSMAN- In the teens of the 20th century Craftsman architecture was really starting to take off. Many Craftsman homes were built in Angelino Heights during this period. Some were even built as residential income properties.

Income Property- Unfortunately, with a few exceptions (like the beautiful 7u streamline modern @ 1000 W Edgeware), the income property in Angelino Heights only a mother could love. You will never turn vinegar into jam. As a landlord, have a beautiful building is nice, but the most important thing is the rent. This area is a extremely strong and robust rental market.

Real Estate

Prices:

Bungalows $600,00 -$800,000

Large Houses $1,000,000 – $1,400,000

Single Family Record Sale: $1,520,000  Date 11/25/2015

Turnover: 3% (Very Low!)

Appreciation: 5%

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