Los Feliz Real Estate Market Recap for the Week Ending April 24, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING APRIL 24, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 37 (36 LAST WEEK); PRICES RANGING FROM $799,000 TO $3,645,000

  • Median Price: $1,575,000 (last week: $1,574,500)

  • Average days on market: 44 (↑)
  • Average cost per foot:  $709 (↑)
  • For sale properties over $2 million:  15 (↑)
  • Number of price reductions:  12 (↑) 

Pending Home Sales:  26 (same as last week);  prices ranging from $679,000 to $4,977,000

  • 5 new pending sales last week (up from 4 last week)
  • 6 pending sales over $2 million (↓)

 4 SOLD LISTINGS LAST WEEK (UP FROM 3 LAST WEEK):

  • Median Price: $1,478,500 (last week: $1,914,000)
  • Average days on market: 94 (↑)
  • Average cost per foot:  $533 (↓)

4 Homes Sold Last Week in Los Feliz

4130 Parva Ave, Los Feliz

Sales Price:  $2,310,000

Days on Market: 168

Cost per foot:  $421

Square feet: 5492;  5 beds/6 baths.  Special notes:  The Right touch and right design will turn this property into the best investment in Los Feliz, nesting on the desirable hillside of Los Feliz Blvd. Unobstructed view of Downtown LA's Skyscrapers to the Pacific Ocean. Solar panels have been installed on installment plans in early 2014. New roof installed in Spring of 2014. Home needs a little TLC. 


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2047 E Live Oak, Los Feliz

Sales Price:  $1,510,000

Days on Market: 30

Cost per foot:  $698

Square feet: 2162;  3 beds/2 baths.  Special notes:  Mid-century modern in coveted "Oaks" area of Los Feliz with head on downtown city skyline views. The home features an open loft like floor plan anchored by classic brick fireplace with high ceilings and walls of glass opening up to the views. Original Youngstown kitchen with metal cabinets and stainless steel appliances. Large master bedroom with fireplace and two walk in closets (one cedar lined). Large front deck great for entertaining, and private backyard with spa and fire pit, and professionally done lush landscaping.


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1736 Hollyvista, Los Feliz

Sales Price:  $1,447,000

Days on Market: 103

Cost per foot:  $569

Square feet: 2545;  3 beds/2 baths.  Special notes: Stately 2-story Mediterranean perched above the street with panoramic views. This character residence has recently been updated to include NEW electrical, two NEW fireplaces, plumbing and has been seismically retrofitted to today's standards. Glamorous old Hollywood era residence features a well-appointed chef's kitchen with a center island, adjacent den/family area that opens onto a large private entertainer's patio that wraps around the house. The formal living room is accented by a stunning 2-story high exposed beamed ceiling, built-ins, dark wood floors, period details and a fireplace.


1804 N Serrano, Los Feliz

Sales Price:  $624,750

Days on Market: 74

Cost per foot:  $446

Square feet: 1400;  3 beds/2 baths.  Special notes:  Built in 1974. The house is 1,400 square feet. The lot size is 4,946 square feet. Zoned LAR3. Great location. Close to food, shopping, restaurants, entertainment, parks, schools, etc...sold at auction.  
 


4 Homes Listed Last Week in Los Feliz