Rare unit in Gregory Ain’s 1947 Avenel Coop in Silver Lake asks $925K

Rare unit in Gregory Ain’s 1947 Avenel Coop in Silver Lake asks $925K

September 7th, 2019|Properties|

On the heels of this unit selling for $1,220,000, a rare upper level front unit in Gregory Ain’s Avenel Cooperative Housing hits the market in Silver Lake for the first time in nearly 50 years.

Completed in 1948 for 10 families seeking affordable housing, the complex attracts architects and architecture buffs as residents and remains a model for effective use of limited space.

Gregory Ain’s 1947 Avenel Coop in Silver Lake CA

Featuring a flexible open-floor plan with exceptional indoor/outdoor flow, 2845 Avenel St has many desirable details of the original plan presenting an opportunity to reimagine and restore the space.

Gregory Ain’s 1947 Avenel Coop in Silver Lake CA 90039

Sliding walls can convert spaces into one, two, or three bedrooms with one bath. The new owner may even want to go with Ain’s original plan for “built-in dining tables with seating in the kitchen on one side and in the living room on the other” and add a half-bath.

Gregory Ain’s Avenel Coop in Silver Lake
Gregory Ain’s Avenel Coop in Silver Lake CA

Walls of glass, multiple large windows, and generously sized double doors let in the light and the several outdoor areas that include a back patio with a landscaped hillside.

Avenel Coop in Silver Lake designed by Gregory Ain

An enclosed street-side patio features Ain’s signature glazed glass wall which illuminates at night.

A new deck of almost 700 square feet has been completed and is one of the largest outdoor spaces in the complex with sweeping views of the Hollywood Hills, Downtown and beyond.

Near shops, restaurants, the Silver Lake Reservoir ,and Ivanhoe Elementary the unit is listed for $925,000.

Interested in being the next owner of this Gregory Ain unit? Get in touch.

Listing courtesy of Rob Kallick and Laura Marchetti – Compass