An American real estate investor has made history with the most expensive home to sell in Eagle Rock, north of Downtown Los Angeles
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An American real estate investor has made history with the most expensive home to sell in Eagle Rock, north of Downtown Los Angeles.
Thomas Bayles, founder and CEO of Urban Asset Group, bought the 5-bedroom, five-bathroom Mid Century Modern property on Neal Drive in August 2015 for $917,000.
He sold it last week for $2.115 million. No home in the history of the area has sold for more than $1.85M.
Prices in the neighborhood have increased 11% since the first quarter of 2016.
“I am thrilled with the success of our latest project in Eagle Rock,” says Thomas Bayles, founder and CEO of Urban Asset Group. “I live, work, and play in Los Angeles’ emerging neighborhoods, where new businesses are resonating with the millennial market.”
Located on a quarter acre lot, the 4,062 square foot home features three grand stone fireplaces, vaulted ceilings, walk-in closets and a unique indoor/outdoor swimming pool.
Thomas Bayles, founder and CEO of Urban Asset Group, bought the 5-bedroom, five-bathroom Mid Century Modern property on Neal Drive in August 2015 for $917,000.
He sold it last week for $2.115 million. No home in the history of the area has sold for more than $1.85M.
Prices in the neighborhood have increased 11% since the first quarter of 2016.
“I am thrilled with the success of our latest project in Eagle Rock,” says Thomas Bayles, founder and CEO of Urban Asset Group. “I live, work, and play in Los Angeles’ emerging neighborhoods, where new businesses are resonating with the millennial market.”
Located on a quarter acre lot, the 4,062 square foot home features three grand stone fireplaces, vaulted ceilings, walk-in closets and a unique indoor/outdoor swimming pool.
