Silver Lake Gets Needed Traffic Light
The Los Feliz Ledger reports this month that a traffic light has been approved for Silver Lake Boulevard at Earl Street (I’d post the article, but for some reason the Ledger’s website is always a month behind their print edition!). While not all residents are happy about it, I think it’s a much-needed safety measure as the walking path and meadow around the reservoir gets ready to open. As most Silver Lake residents know, this street is a huge cut through for commuters and cars routinely zip along at high speeds. The problem is, it’s also a big walking and jogging area with lots of curves…so you get a bad mix of fast cars and people on the street. The article says that the street actually gets 19,000 cars each day!
It’s a great area, though, and buyers with a little bit of money can do really well for themselves with lake-view homes that only a few months ago were well above $1.5 million. Here are a couple worth looking at – this first one looks really interesting:
- This one is on Kenilworth, one of my favorite streets. It’s an English Tudor in the Ivanhoe school district, and it’s seen almost $300,000 in price reductions. Currently, it’s $999,000.
- Nearby on Moreno is this 3/3.5 for $1.295. It’s got 2,633 square feet, and the price has come down $100,000.
- This 2/3 has a modern/industrial vibe, and can’t seem to sell – it’s been on the market 479 days! Maybe it’s the price…$1.399 for a 2/3.
