Los Feliz Real Estate Market Recap for the Week Ending April 10, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING APRIL 10, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 36 (UP FROM 32 LAST WEEK AND 26 TWO WEEKS AGO); PRICES RANGING FROM $799,000 TO $3,999,000

  • Median Price: $$1,467,500 (last week: $1,574,500)

  • Average days on market: 37 (↓)
  • Average cost per foot:  $694 (↑)
  • For sale properties over $2 million:  12 
  • Number of price reductions:  6 (↓)

Pending Home Sales:  26 (down from 27 last week);  prices ranging from $609,900 to $4,977,000

  • 3 new pending sales last week (down from 4 last week and 10 two weeks ago)
  • 9 pending sales over $2 million 

 6 SOLD LISTINGS LAST WEEK:

  • Median Price: $1,687,500 (last week: $1,420,000)
  • Average days on market: 86 (↑)
  • Average cost per foot:  $701 (↑)

6 Homes Sold Last Week in Los Feliz

3910 Franklin, Los Feliz

Sales Price:  $805,000

Days on Market: 112

Cost per foot:  $1078

Square feet: 747;  1 beds/1 baths.  Special notes: Located in prime Franklin Hills, 1950 mid-century with panoramic views. Light and bright with views from every room. Cement floors, fireplace in living room, combed plywood on the ceilings and a wall of windows. Move in or build your dream view house.


4201 Camero, Los Feliz

Sales Price:  $900,000

Days on Market: 89

Cost per foot:  n/a

Square feet: n/a;  3 beds/2 baths.  Special notes:  Spanish style home in Los Feliz. One bedroom, one bath guest house in rear. Many upgrades have been made - front house contains large master with large bath and two good sized bedrooms. Large living and dining rooms and additional full bathroom. Kitchen is nice size with eating area & laundry near back entrance. Hardwood floors in kitchen, dining, hall and two bedrooms. Amenities include central air and heat, recessed lighting and windows have been upgraded. 


4151 Holly Knoll Drive, Los Feliz

Sales Price:  $1,575,000

Days on Market: 48

Cost per foot:  n/a

Square feet: n/a;  5 beds/4 baths.  Special notes:   2-level in the coveted Franklin Elementary district of Los Feliz. Improvements include kitchen, baths, dual-zone climate, drip irrigation and solar panels to live green and save money. A clean, modern aesthetic includes wood flooring and windows with period accents. Wraparound views span from Griffith Park Observatory to Century City. A large deck above the hills, great for dining by sunset. Refurbished kitchen with stone countertops, stainless appliances. Generous storage includes a basement and 2 car garage with direct-home access and charging for electric vehicle. Situated at the edge of the Franklin Hills.


3741 Effingham Place, Los Feliz

Sales Price:  $1.800.000

Days on Market: 16

Cost per foot:  $551

Square feet: 3269;  4 beds/3 baths.  Special notes: Mid-Century Post & Beam recently updated and move-in ready. Located on a quiet street north of the Blvd.,  home offers stunning views of snow cap mountains and city lights. Main level has a wonderful open floor plan consisting of Living Room, Dining room, Kitchen, adjacent Family room, Half Bath as well as a large Master Bedroom and spacious bath. 


3954 Farmouth, Los Feliz

Sales Price:  $2,430,000

Days on Market: 22

Cost per foot:  $439

Square feet: 5524;  4 beds/4 baths.  Special notes: Custom view home located in highly desirable Los Feliz Hills. Bright and cheerful inside with lots of light throughout the home. Gourmet kitchen leading to spacious family room with fireplace. Master suite with fireplace and extra large bath and sauna. 2 story living room with views of mountains and city lights. Entertainment patio and 5 balconies with incredible views. Large park like 11,145 square foot lot with professional landscaping.


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4115 Dundee Drive, Los Feliz

Sales Price:  $3,520,000

Days on Market: 230

Cost per foot:  $736

Square feet: 4780;  4 beds/3 baths.  Special notes:  1927 Spanish Estate Nestled on top of a hill with panoramic views. Original owner, Donald Belding, had a tunnel built to an elevator w/orig. doors that takes one up to the front level home.  The floor plan offers gorgeous views, step-down living room with high ceilings. Updated kitchen with Italian granite counters & Viking stainless steel stove and separate maids room.  Billiard/screening room w/mahogany paneling & cherry hardwood floors; huge koi pond; large pool and close to 1/2 acre lot.


8 Homes Listed Last Week in Los Feliz