Larrabee Manor is about Economy. Economy of size, economy of expense, economy of home owner’s dues. This building offers one of the best locations at the most affordable price.
Record Sale Price: $550,000 9/25/2013
Turnover Ratio: 5%
Appreciation: 4% – 5% (if updated)
All of the floorplans are single story. There is no central HVAC, so Air is a Wall Unit (sorry Central HVAC may not be installed). Some owners have upgraded to split systems. Kitchens have electric stoves. Dining Rooms are a bit small at about 8′ x 8′, they seat 4. The 1 Bedrooms have a wall and full baths, whereas the studios have an open floor plan. Kitchens are galley style with Dishwasher, Stove, Microwave. Some owners have added a washer and dryer in the kitchens, otherwise, there is a community laundry room. There are two elevators in the building, and numerous stairways. The hallways are open air in some areas and enclosed in others. The HOA recently redid the Hallways with new paint, carpets, and lighting so they are fresh and clean. Units facing Larrabee (West) have huge balconies. Units that face the courtyard have normal balconies. The units that face out from the courtyard have no balconies. One thing I really like about these condos is that they have a lot of windows- the dining room, living room, and bedroom all have a window. Another really great feature is the Main bedrooms have a double walk in closet, so the closet space is a real plus.
450 sqft to 700 sqft
(40) 1 Br
700 sqft to 800 sqft
$400,000 – $450,000
900 sqft to 1,100 sqft