Get Eddy's Digest Newsletter biweekly! Scan, click, or scroll down now.
Newsletter #020-2024
Issue #20 Published May 10, 2024
Casa Bianca
"The Summer 2005 Eagle Rock Historical Society News reminisces about Casa Bianca's remarkable journey, celebrating its 50th anniversary. From its humble beginnings in 1955, founders Sam and Jennie Martorana crafted a culinary legacy rooted in Italian tradition and family values. Today, Casa Bianca continues to thrive as a neighborhood gem, renowned for its mouthwatering pizza pies and warm ambiance. Nestled on a quaint stretch of Colorado Boulevard, its neon "Pizza Pie" sign beckons diners to savor classic flavors and cherished memories. Step inside to experience the intoxicating aroma of garlic and the lively chatter of satisfied patrons. From the signature sausage pizza to the legendary 1/4 Head Lettuce salad, Casa Bianca offers a taste of nostalgia and comfort. Join us in honoring this Eagle Rock institution, where every bite tells a story of passion, dedication, and community spirit.”
Powell: Rate hikes are "unlikely" but does not know when cuts could come
“Leading up to the Federal Reserve's May meeting, speculation swirled regarding potential interest rate hikes to tackle inflation. Yet, Federal Reserve Chair Jerome Powell surprised many, stating it's "unlikely that the next policy rate move will be a hike." This departure from expectations puzzled investors, especially those expecting a rate cut later this year, albeit with a revised timeline.
Powell's remarks highlighted the Fed's cautious approach, stressing that monetary policy hinges on evolving economic conditions. While the Fed's previous projections suggested three rate cuts for the year, Powell refrained from committing to this path, emphasizing the central bank's flexibility.
While rate hikes are unlikely for now, the possibility of rate cuts remains contingent on economic conditions and the Fed's evolving assessment, prompting close monitoring by market participants.”
311 N Ave 59
Los Angeles, CA 90042
Embrace the opportunity to secure a distinctive investment in the sought-after Highland Park neighborhood! This multi-family residence, boasting four one-bedroom, one-bath units, is strategically located in a rapidly expanding neighborhood. Revel in subtle yet delightful views, complementing the property's appeal. Positioned near the dynamic York Retail Corridor, Highland Park Station, Downtown Los Angeles, South Pasadena, and the San Gabriel Valley, it ensures convenient access to urban amenities. Enjoy proximity to green spaces like the Highland Park Recreation Center and the Historic Southwest Museum, creating a perfect balance of urban and natural attractions. With easy access to the 110 freeway, this property promises not only a valuable real estate investment but also a gateway to a thriving and dynamic community. Seize this exceptional opportunity, make a prudent investment in your future, and become a part of the vibrant Garvanza neighborhood. Located in the Garvanza HPOZ.
Property Features:
- 4 Units
- 4 Bedrooms & 4 Baths
- 3,380 Square Ft
Don’t miss this amazing opportunity.
