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Glassell Park Homes Have Become Hip
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Glassell Park is a neighborhood located in northeast Los Angeles. The population is approximately 25,000 people. The most common ethnicities found in Glassell Park are Latino and Asian. This is different than most communities in Los Angeles where the dominant ethnicity is white. The majority of households earn between $20,000 to $40,000 per year. The average resident age is 30-years-old, and 20% of these citizens have graduated from a four-year institution.
The big story in Glassell Park, however, is the home buying and home selling. Glassell Park real estate is red hot. Most homes in Glassell Park range from mid $400,000 to low $800,000. The number of citizens with money to invest in remodeling their homes and improving their neighborhood is ever increasing.
Some new-and-improved homes in Glassell Park include townhouses under the control of the NELA Union. The NELA Union is a collection of modern homes that are for sale in Glassell Park. NELA’s goal is to work with Glassell Park realtors in order to appeal to a new generation of homebuyers and draw them into areas that need gentrification. NELA has put a lot of attention into Glassell Park and has become one of the front-runners leading to the gentrification of the neighborhood. They have new townhouses that opened within the last week and are for sale between $475,000 and $600,000. NELA has been able to offer this beautiful property within the average budget of other Glassell Park homes. These homes are located just off the “2” which make them accessible to many areas of Los Angeles. These townhouses vary between 2-4 bedroom and 3 stories. They range from 1500-1900 square feet. They were built with the California green building standards in mind and have wonderful amenities that make the place feel like a tight community. There is a central park with a beautiful garden where residents can meet each other while walking their dogs or simply enjoying the sunlight.
NELA is working together with the residents of Glassell Park to produce modern, attractive homes. Glassell Park’s central location in Los Angeles and affordable housing make it an attractive option for college graduates. The presence of young, urban citizens help to develop the neighborhood into a desirable place to call home. Glassell Park may be one of the “late bloomers” in terms of Los Angeles communities being gentrified, but its transformation has just begun. People have begun to call it “Glasselland”. Its hilly environment provides for break taking views and unique architecture in new homes. The nightlife also adds to the growing appeal of the community with dive bars like The Eagle Rock Brewery and Verdugo Bar. Glasselland has promise in its future and can only continue to grow.
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