Los Feliz Real Estate Market Recap for the Week Ending January 31, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING JANUARY 31, 2016

Active homes for sale in Los Feliz:  43; prices ranging from $630,000 to $9,995,000

  • Median Price: $2,295,000 (last week: $2,145,000)

  • Average days on market: 65 (↓)
  • Average cost per foot:  $730 (↑) 

Pending Home Sales:  26 (up from 25);  prices ranging from $625,000 to $4,995,000

  • 6 new pending sales last week (↓)
  • 9 pending sales over $2 million (↑)

4 SOLD LISTINGS LAST WEEK:

  • Median Price: $1,292,500 (last week: $1,292,500)
  • Average days on market: 28 (↓)
  • Average cost per foot:  $664 (↓)

Last Week's Sold Listings

2039 N Gramercy Place, Los Feliz

Sales Price:  $1,500,000

Days on Market: 66

Cost per foot:  $422

Square feet: 3552;  5 beds/5 baths.  Special notes: Vintage Spanish style fixer w/ long slope driveway tucked away in the prestigious hills of Los Feliz. Located a top coveted Gramercy Pl with palatial views from ocean & city to peaks of mountains.


1916 N Serrano Los Feliz

Sales Price:  $1,400,000

Days on Market: 21

Cost per foot:  $632

Square feet: 2216;  3 beds/2 baths.  Special notes:  1927 original Spanish home. Restore to its original glory or enjoy its old world charm, with high ceilings, picture window and cozy fireplace. The Master is spacious with large walk in closet and bath. Set back from street so quiet and private with gate. Close to Griffith Park, Los Feliz shops, and cafes. Prime location.


2314 E Live Oak Drive, Los Feliz

Sales Price:  $1,329,000

Days on Market: 12

Cost per foot:  $688

Square feet: 1932;  2 beds/3 baths.  Special notes:  1950's Traditional home in the Los Feliz Oaks with a great indoor outdoor flow. Set above the street, hardwood floors, patio with fountain, built-in barbeque area and pool. Home needs some TLC.


4210 Cumberland, Los Feliz

Sales Price:  $995,000

Days on Market: 11

Cost per foot:  $813

Square feet: 1044;  3 beds/2 baths.  Special notes: Light and bright Spanish view home located in the much sought after area of Franklin Hills.  Expansive back deck with spectacular views of downtown LA. and a large grassy back yard. This beautiful home features authentic details throughout including period tile work, arched doorways, leaded windows and hardwood floors  350 sq.ft. of finished bonus space underneath the house.


6 New Listings Last Week in Los Feliz