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Rare Unit in Gregory Ain’s Avenel Cooperative Housing Up for Grabs in Silver Lake

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Way back in the 1940s, a group of like-minded families pooled their resources, purchased a hillside parcel of land in the Los Angeles neighborhood of Silver Lake and set out to create a network of 10 modestly sized apartments centered around indoor-outdoor living. Funded by the Federal Housing Administration and designed by notable modernist architect Gregory Ain, the resulting Avenel Cooperative Housing Project subsequently converted to condo ownership in 1991 and was added to the National Register of Historic Places in 2005; and though the homes rarely become available nowadays, one just popped up on the market with a relatively affordable (by L.A. standards) $1.3 million pricetag.

The single-story condo unit up for grabs was built in 1947 and measures in at just under 1,000 square feet, and comes complete with built-in storage, linoleum floors and clerestory windows throughout. Innovative sliding wood partitions can be used to easily reconfigure the residential floorplan into one, two or three bedrooms — or you can even carve out an extra space for a den, if you so desire. Particularly standing out is a spacious great room highlighted by an entire wall of sliding glass doors that open to reveal an expansive deck suitable for al fresco dining and entertaining amid picturesque views stretching from Griffith Observatory to the Silver Lake Hills.

The compact unit also manages to pack in an updated kitchen outfitted with sleek wood cabinetry, stainless and white appliances, and a stylish apron-front sink, along with one singular bathroom that’s “sensitive to the original design,” per the listing. Out front, a laundry room holds court adjacent to an enclosed patio space; and a one-car garage is accessible via a wide driveway off a quiet, tree-lined street.

Last sold in 2012 for $503,500, the property will transfer with monthly HOA fees of $575. Jules Ibrao of Deasy Penner Podley (DPP) serves as the listing agent for the property, which is located at 2847 Avenel St., near Ivanhoe Elementary School and the Silver Lake Reservoir.

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Billionaire Jeff Skoll Asks $33 Million for Hilltop Beverly Hills Estate

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For those chosen few with $33 million to spare, this promontory estate makes a pretty good investment case for itself. Comprised of two adjacent parcels spanning 1.5 acres in what is arguably the most desirable neighborhood pocket of Beverly Hills, with spectacular views of the Downtown Los Angeles skyline, the Pacific Ocean and everything in between, the land itself will draw wows from visitors.

Then there are the two side-by-side homes; combined, the structures span more than 10,000 square feet of living space. There’s a large contemporary mansion, built in 1999, with a backyard infinity pool. The smaller house is a circa-1951 Tudor that could probably use a decorative sprucing-up, though it’s also imbued with more great views and privacy. Both properties are owned by Jeff Skoll, who has a personal net worth approaching $6 billion, according to both Forbes and the Bloomberg Billionaires Index.

Skoll, 57, joined eBay in the mid-1990s and was the company’s first president, which brought the Canadian tech titan much of his billions. But today, the general public may know Skoll more for Participant, the L.A.-based film production and media firm he founded in 2004. Over the past 18 years, Participant (and Skoll, by extension) has produced and/or financed upwards of 100 films, including 2015’s “Spotlight” and 2018’s “Green Book,” both of which won Best Picture at the Academy Awards.

As for the real estate, it’s not yet clear why Skoll is selling his longtime L.A. home base. But the $33 million asking price is for both structures together; buyers may also opt to purchase either of the homes separately from the other. The contemporary estate carries a nearly $25 million price tag, while the humbler Tudor pile is asking a hair under $8 million. Skoll acquired the former property in early 2005, paying $11 million, and added the latter in 2014 for an additional outlay of $6 million.

Fred Bernstein and Ethan Peskowitz of Westside Estate Agency hold the listings.

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More Nike Dunks Are Restocking This Month

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Find out when you can cop them here.

The black and white colorway of the Nike Dunk Lows isn’t the only iterations that are restocking soon. There is also a high-top version of the shoe that will be up for grabs.

Nike confirmed that joining the restock is the Dunk High in the simplistic black and white color scheme predominantly on the leather upper. There’s also a similarly-styled women’s version of the shoe, which features a red Nike tongue tag and white Nike branding on the footbed, while the men’s pair dons a black and white tag with orange hits on the insole. A white midsole and a solid black outsole complete the look.

The restock of the Nike Dunk High in the black and white colorway will take place on Jan. 27 at Nike.com for $115. 

Nike Dunk High

Release Date: 01/27/22

Color: White/Total Orange/Black

Style #: DD1399-105

Price: $115

Nike Dunk High Black White DD1399 105 Lateral
Image via Nike
Nike Dunk High Black White DD1399 105 Medial
Image via Nike
Nike Dunk High Black White DD1399 105 Top
Image via Nike
Nike Dunk High Black White DD1399 105 Heel
Image via Nike
Nike Dunk High Black White DD1399 105 Outsole
Image via Nike

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First Look at the Fear of God x Adidas Collab

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Releasing later this year.

Jerry Lorenzo shook up the sneaker world in Dec. 2020 when he parted ways with Nike and joined Adidas to lead the brand’s basketball category. Since then, things have been fairly quiet for the partnership but now, we’re finally our first glimpse at what’s to come from the duo.

Earlier today, the Fear of God designer shared images on Instagram of the FOG Athletics x Adidas installation at Innersect exhibition in Shanghai. At the center of the installation is a co-branded Fear of God x Adidas hoodie in a yellow colorway with blue branding. According to Lorenzo, the Adidas logo used on the piece is the same logo used by the brand’s basketball line from 1950 to 1971, which was arguably its most defining era.

There is currently no release info available for the Fear of God Athletics x Adidas collection, but Lorenzo confirmed that the Fear of God x Adidas will hit shelves later this year.

Fear of God Athletics x Adidas Hoodie Logo
Image via Jerry Lorenzo
Fear of God Athletics x Adidas Hoodie Logo
Image via Jerry Lorenzo

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