Wednesday, March 09, 2011

Curious About the Renee?

Ever noticed those condos right across the street from the Capital City Diner? The development is called the Renée. If you want to take a look inside (maybe you're shopping, maybe you're just interested in residential development on the eastern end of the H Street Corridor), you've got a chance tomorrow.

I found the following announcement on Craigslist:

Happy Hour with UrbanLand Company

Join me this Thursday, 3/10 from 6 - 8pm for a Happy Hour Open House at:

The Renee at 1629 L Street NE

- H Street Corridor - H Street Corridor - H Street Corridor - H Street Corridor - H Street Corridor -
Checkout the development happening around this building!

Settling Now and Ready For Immediate Move-In.

2BRs from 184K
1BRs from 149K

Loads of upside here! Be ahead of the curve and in the middle of a lot of great development at bargain pricing! Come see...Just a block or two from H Street.

Open floor plans, wood floors, stone & stainless kitchens, parking available, balconies and knockout baths...

FHA Approved

Michael Hundley


Campy said...

Good value for sure especially if you drive to work. Just need to be comfortable with the location, which people are warming up to these days.

Anonymous said...

That place is 2 blocks from the trolly line..don't need to drive to work from there

KS said...

Agreed, Anonymous. I wouldn't necessarily rent in this location, but I would definitely consider buying there.

Anonymous said...

the interior looks terribly cheap.
not worth it.

Anonymous said...

I would have to disagree with anon 10:26... those are ridiculously low prices in the DC market at prices making them accessible to a largely unserved market. Are they 750k condos... nope, but they look like good affordable options for folks.

Anonymous said...

Oh, it so gross and ugly and dirty down there. Anyway I could never leave my home on Stanton Park.

Anonymous said...

Anon 10:26-- a one bedroom is $149K. Did you miss that part?

For somebody who might be dropping $1300 on rent + utilities, this would be a great way to build some equity and eventually reclaim some of that income that evaporates in rent each month.

John said...

I've lived right near the condos for 6 years and the area is one of the best neighborhoods I have ever lived in. Sure, it's dirty and not very diverse, but many people who have lived own their homes and treat each other with respect. The proximity to the Arboretum, Safeway, the Capitol City Diner and Jimmy Valentine's make it a great option. I'm happy to talk to anyone interested in the area.


Anonymous said...

I've also lived around that corner for almost 6 years and can agree with John. While it's not very diverse (yet), you can't beat that location at those prices. Where else in the city can you get your own place at those prices with something like H street right in your back yard?
If condos aren't your thing there are houses for sale from the low to mid 200's right next door.

Anonymous said...

I don't know if it's considered right around the corner, but we live in Rosedale and walk up Bladensburg all the time-- the area is much better than its reputation suggests. The entire area just east of H (around the Starburst) is great IMO, and will only get better as the streetcar nears and places like The Flats take off. It's a great area to invest in, either in condos (these prices seem very fair) or in single family homes, which (as another poster mentions) can be had in fixer-upper condition starting in the mid-200s.

There are a lot of naysayers who think anything east of 14th Street isn't worth consideration. Go ahead and spend $500K+ for a house right on H; I'll buy something for half that a couple of blocks east for half that. I think both are good decisions, but we'll see who has more equity in 5 years.

gg said...

agree with 2:12....bluestar loves living in rosedale

Anonymous said...

6 years ago when I met with my real estate agent he told me to avoid the area north of Florida avenue (Trinidad).
Just last week I met with my new real estate agent and he advised me to avoid the area east of Bladensburg Road.
It's amazing how much can change in such a short period. Change is spreading further and futher out.
Lesson to you readers here: Realtards don't know shit.