Condo in historic Silver Lake co-op asking $995K

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The landmark 1947 complex is near the Rowena Reservoir

Fresh on the market in Silver Lake is one of the units in Gregory Ain’s Avenel Cooperative Housing Project. Listed on the National Register of Historic Places, the experimental postwar development was built for a collective of 10 families who each contributed $11,000. Each home in the International Modern-style development was designed with a flexible floor plan and private garden.

Located at 2845 1⁄2 Avenel St., the newly available unit was renovated in the early 2000s by architect Michael Folonis. Measuring 1,114 square feet, it features sliding partitions that allows it to be used as either a one-, two-, or hypothetically even a three-bedroom.

Other attributes include built-in furniture, an updated bathroom and kitchen, linoleum flooring, transom windows, and a wall of sliding glass that opens to the private patio with views of the Silver Lake hills. The unit also comes with a laundry room and one-car garage.

Last sold in 2001 for $640,000, the condo is now asking $995,000, along with monthly HOA fees of $430. Rob Kallick and Laura Marchetti of Compass share the listing. Open house is scheduled for 11 am to 2 p.m. Tuesday.

The unit features built-in seating and shelving.
The kitchen and bath have been recently renovated.
A sliding glass wall offers expansive views of the Silver Lake hills.
Sliding partitions enable a flexible floor plan.
Transom windows provide ventilation.
Mature trees provide shade for the private patio.

Source: Curbed LA – All – Pauline O’Connor

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