Why should you buy a house in Eagle Rock, CA? Because you get the best of several worlds in this quiet little corner of the great metropolis of Los Angeles, CA: a home town, neighborly community with access to the jobs, culture, and amenities that a big city offers, as well as minutes away from hiking trails and the Angeles National Forest. 
Once its own city, Eagle Rock was annexed to the City of Los Angeles in 1923, in order to secure access to the City's Owens Valley water resources. Consequently, Eagle Rock has the municipal services that a large city provides like the Department of Water & Power, police, fire, transportation, and public schools. We've retained our original City Hall which was built in 1922, and several other architecturally and historically significant buildings including the 1915 Carnegie Library which is now the Center for the Arts, Eagle Rock, and the Richard Neutra-designed 1954 Eagle Rock Recreation Center.
Public schools affect many buyers' decision to buy a home in Eagle Rock. Although part of the huge LAUSD system, Eagle Rock prides itself on its local schools. Four elementary schools feed into the one junior high and high school campus located in the heart of Eagle Rock. The high school placed 447th in the top 1000 high schools in the U.S. based on Advanced Placement tests given.
More great reasons to buy in Eagle Rock include all the fun restaurants, bars and cafes that populate Colorado and Eagle Rock Blvds, some fun vintage and modern clothing boutiques, a number of kids' fashion and accessory stores, a large number of established churches, and a very active and committed population dedicated to a number of civic organizations. We have a community garden so popular that there is a waiting list to obtain a plot and not one but two weekly Farmer's Markets. Every summer there are free concerts at Eagle Rock Park. There is something for everyone here, from the Eagle Rock Rockers car club to the Occidental College theatre program.
Only 26 homes are currently for sale in the 90041 zip code, which comprises most of Eagle Rock. A few more are available in the part of the 90065 zip code that is designated Eagle Rock schools, an area mostly known as Sagamore Park. With so few properties on the market, whenever a good home is listed, it commands immediate attention by the serious buyers. This lack of inventory has helped in part to maintain property values a bit higher than some of the surrounding communities. Where parts of Highland Park and Glassell Park may have seen values drop 30 to 50%, Eagle Rock has gone down 10 to 25% from its peak in most cases. Closed sale prices this year have been reported from $129,000 for a burnt-out shell of a house to $800,000 for a Mediterranean on Hill Drive. In the last five years, several homes have sold for over $1 million, and will again soon if I have my way. I currently have a wonderful Mediterranean with a full guest house on Hill Drive listed for $1,195,000. 
And I just have to reblog this wonderful piece about the most holy Buddhist monk in the world who gives us the formula for happiness, the Dalai Lama. http://happydays.blogs.nytimes.com/2009/07/22/the-doctor-is-within/
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