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Newsletter #021-2024

Issue #21 Published May 24, 2024

Villa Tacos

β€œChef Victor Villa's culinary journey is a testament to passion and persistence, evolving from a modest roadside stand to a bustling restaurant in Highland Park. Rooted in childhood memories of his grandmother's recipes, his tacos have become beloved fixtures. Villa's vision goes beyond exceptional food; he aims to create a space where camaraderie thrives alongside delectable cuisine. This commitment to excellence permeates every aspect of his establishment, from the carefully crafted dishes to the warm atmosphere that welcomes patrons. Villa's success is not merely measured by the popularity of his tacos, but by the community he has built around them. It's a story of seizing opportunities, honoring tradition, and embracing innovation. Through his unwavering dedication to quality and hospitality, Chef Villa has transformed his culinary passion into a thriving culinary destination, leaving an indelible mark on the Highland Park dining scene."

Front angel of Villa's Tacos entrance.

The headshot of Eddy.

Long-term mortgage rates ease for third straight week, dipping to just below 7%

β€œThe average rate on a 30-year mortgage dipped below 7% this week, the first time since mid-April, offering a modest boost for home shoppers.

Freddie Mac reported Thursday that the rate fell to 6.94% from 7.02% last week. This is the third consecutive weekly decline, following a five-week increase. Higher mortgage rates can add substantial monthly costs, limiting buyers' options.

The 15-year fixed-rate mortgage rate also declined to 6.24% from 6.28% last week. Mortgage rates are influenced by factors like the bond market's reaction to Federal Reserve policies and the 10-year Treasury yield.

Despite the Fed's stance on rate cuts, recent declines in mortgage rates have spurred a 1.9% increase in home loan applications last week. MBA CEO Bob Broeksmit expects rates to continue inching lower this summer.”

A peach color banner that states Listing!

2842 W Avenue 33

Los Angeles, CA 90065

Front view of the home at 2842 W Ave 33 in Glassell Park.

Welcome to this charming single-story residence in the heart of Glassell Park, Los Angeles. Featuring 2 bedrooms, 1 bathroom, and 1316 square feet of living space on a sprawling 7964 square foot lot, this home offers boundless potential. Convert the existing garage into an additional dwelling unit (ADU) and enjoy easy access to major freeways, transportation hubs, and shopping centers. Marvel at the breathtaking views from Elysian Valley to Griffith Park. Culinary enthusiasts will appreciate nearby dining spots like Dunsmoor, Bub and Grandma's Bread, and Wife and the Somm. Experience the perfect blend of tranquility and urban excitement in this coveted neighborhood.

Property Features:

- Priced to Sell

- 2 Bedrooms & 1 Baths

- 7,964 Lot Sq FT

- Detached Storage room

- Potential for ADU

Don’t miss this amazing opportunity.