Los Feliz Real Estate Market Recap for the Week Ending April 17, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING APRIL 17, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 36 (SAME AS LAST WEEK); PRICES RANGING FROM $799,000 TO $3,645,000

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

  • Average days on market: 41 (↑)
  • Average cost per foot:  $703 (↑)
  • For sale properties over $2 million:  13 (↑)
  • Number of price reductions:  7 (↑) 

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

  • 4 new pending sales last week (same as last week)
  • 8 pending sales over $2 million (↓)

 3 SOLD LISTINGS LAST WEEK (DOWN FROM 6 LAST WEEK:

  • Median Price: $1,914,000 (last week:  $1,687,500)
  • Average days on market: 31 (↓)
  • Average cost per foot:  $678 (↓)

3 Homes Sold Last Week in Los Feliz


2436 N Commonwealth, Los Feliz

Sales Price:  $2,100,000

Days on Market: 22

Cost per foot:  $781

Square feet: 2690;  4 beds/3 baths.  Special notes: Colonial Revival in the heart of Los Feliz with a flawless floor plan, tastefully preserved & enhanced its original character. Remodeled gourmet kitchen features tile floors, granite counters, SS appliances & custom wood cabinets. The large master enjoys an updated private master bath & features a rooftop terrace. There is also a guest quarters/private home office above the garage. The rear grounds are tiered, boasting an outdoor dining area under a canopy of vines. The next level has a pool & spa surrounded by stonework & gardens. Above the pool level is a grassy yard & above that is a lush retreat of plants & palms.


4028 Braeburn Way, Los Feliz

Sales Price:  $1,914,000

Days on Market: 32

Cost per foot:  $624

Square feet: 3066;  3 beds/3 baths.  Special notes:  Architectural gem located in the coveted Los Feliz Hills with Jetliner Views. This house embodies the California lifestyle. be drawn to the panoramic Downtown, Ocean and Mountain views through the extended wall of sliders. Located on a quiet dead-end street, this completely remodeled home offers luxurious finishes throughout including custom cabinetry, hardwood floors, marble and honed counters and high-end appliances. A studio on the lower level with separate entrance and large decks spanning the width of the house extend the living space outside.


3472 Rowena Ave, Los Feliz

Sales Price:  $1,000,000

Days on Market: 38

Cost per foot:  $629

Square feet: 1589;  2 beds/2 baths.  Special notes: Come reimagine this Spanish-style house surrounded by storybook homes. Prime location in the Franklin Elementary school district, close to Los Feliz Village. Living room with Spanish style beams, decorative Batchelder fireplace, and built-in cabinetry. Off the dining room is a covered porch with floor to ceiling windows and doors that open to the side yard. French style doors open from the kitchen to the brick-paved back yard with a small lawn, fountain, and heated pool. Entertain company under the poolside gazebo or in the ivy-covered two car garage. High walls and tall landscaping keep the flat yard private. 


5 Homes Listed Last Week in Los Feliz