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Not your typical listing, considering that the median price in that part of town is 367K. Priced at $1.299 million, the four-bedroom house is located on Park Drive, which the Eastsider says is home to art dealers to celebrity hairdressers, and a 24-year-old rocker.
Million home sales have become more common in the hills above the Silver Lake reservoirs but seven-digit prices for a single home are rare for Echo Park, even during the peak years.
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.