Los Feliz Real Estate Market Recap for the Week Ending February 14, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING FEBRUARY 14, 2016

Active homes for sale in Los Feliz: 40(↑); prices ranging from $630,000 to $9,995,000

  • Median Price: $2,037,000 (last week: $2,127,500)

  • Average days on market: 56 (↓)
  • Average cost per foot:  $680 (↓)
  • For sale properties over $2 million:  20
  • Number of price reductions:  7

Pending Home Sales:  26 (same as last week);  prices ranging from $625,000 to $6,875,000

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

3 SOLD LISTINGS LAST WEEK:

  • Median Price: $1,127,900 (last week: $2,212,500)
  • Average days on market: 88 (↑)
  • Average cost per foot:  $668 (↑)

Last Week's Sold Listings

4140 Parva Ave, Los Feliz

Sales Price:  $3,529,000

Days on Market: 27

Cost per foot:  $644

Square feet: 5478;  5 beds/5 baths.  Special notes: Photographer Mark Liddell Designed and owned home with many outside balconies, hot tub, screening room, exercise room and office, as well as a resort-like back yard with waterfalls, a koi pond and grassy flat pad. Walls of glass and a rooftop deck capture the amazing, panoramic views and spectacular lighting helps create a beautiful and one-of-a-kind ambience. An eclectic and contrasting mix of texture throughout inspired by international travels as well as by couture from the fashion houses of Paris and Milan. This hillside home is a smart home and incorporates the use of the latest, high-end appliances.


4564 Ambrose Los Feliz

Sales Price:  $1,127,900

Days on Market: 108

Cost per foot:  $805

Square feet: 1401;  3 beds/2 baths.  Special notes: Great location in the heart of Los Feliz - a classic Craftsman completely remodeled throughout with curb appeal, a flowing, open floor plan. Private master suite (with master bath) overlooking the large backyard with large deck and a newly landscaped back yard.  Kitchen with brand new stainless steel appliances, dining room with french doors, hardwood floors, central HVAC, close to the Los Feliz Village.


3839 Clayton, Los Feliz

Sales Price:  $969,000

Days on Market: 128

Cost per foot:  $554

Square feet: 1748;  3 beds/2 baths.  Special notes:  Franklin Hills 1940's traditional home that sits above the street with expansive views of the hills and L.A.'s downtown skyline. Generous open floor plan with kitchen, dining and living room all flooded with natural sunlight. A cooks kitchen with plenty of counter space, center island,ample storage and breakfast nook. 2 bedrooms are on the main level and a third located down, great for a home office or guests. The master bedroom leads out to the back yard, walk in closet space and a custom onyx bathroom. 


9 New Listings Last Week in Los Feliz