Burbank developer Ridge Crest Real Estate, LLC recently acquired two premium properties in the trendy neighborhood Silver Lake. The advisory firm Land Advisors Organization facilitated the transfer from previous developers Amreal GP Investors, LLC and Amreal Hyperion Investors, LLC. Acquisition terms have not been released.

Rendering Courtesy of Builder

The two sites will feature 19 detached sustainable living small-lot homes in a prime Silver Lake location just off of Griffith Park Boulevard and Hyperion Avenue. Not only will the residences boast spacious living areas and select views of Hollywood and Griffith Observatory, the collection of eco-friendly homes would also be within walking distance to popular restaurants, shopping centers, and public transit.

Due to the rise of eclectic shops, yoga studios, and several diverse restaurants in recent years, the neighborhood (which once made Forbes’ list as one of “America’s Best Hipster Neighborhoods”) has slowly become more pedestrian/bicycle-friendly with a focus on creativity, healthy-living, and the arts.