In search of affordable housing, 10 families pool their money together and commission modernist architect Gregory Ain to design the Avenel Cooperative Housing Project in Silver Lake.
Built in 1947, the Avenel Homes rest on two 60-foot hillside lots near the Silver Lake reservoir. Known for his ingenious vision and flexibility, Ain designed two rows of units, each sharing a common walkway leading to your own private living space with individual gardens looking out to the surrounding hillside.
Owned and updated by real estate agent Ilana Gafni, followed by architect Michael Folonis, 2845 1/2 Avenel Street maintains Ain’s original flexible floor plan using mobile partition walls to allow the owner to adjust the space to their needs as either one, two or three bedrooms along with one bathroom. The unit also features a private outdoor space with mature landscaping and lounging areas.
Listed in the National Register of Historic Places it’s a rare opportunity to own one of the best units in this landmark Silver Lake complex.
Last sold in 2011 for $640,000 the unit is currently on the market asking $995,000.
Interested in seeing this condo for sale? Get in touch.
Listing courtesy of Rob Kallick and Laura Marchetti – Compass