Los Feliz Real Estate Market Recap for the Week Ending May 8, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING MAY 8, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 33 (36 LAST WEEK); PRICES RANGING FROM $739,000 TO $5,995,000

  • Median Price: $1,575,000 (last week: $1,587,000)

  • Average days on market: 50 (↑)
  • Average cost per foot:  $727 (↑)
  • For sale properties over $2 million:  14 (↓)
  • Number of price reductions:  14 (↑)

Pending Home Sales:  27 (down from 28 last week);  prices ranging from $679,000 to $4,977,000

  • 2 new pending sales last week (4 last week)
  • 6 pending sales over $2 million (no change)

 4 SOLD LISTINGS LAST WEEK (2 LAST WEEK):

  • Median Price: $1,291,000 (last week: $1,515,000 )
  • Average days on market: 54  (↓)
  • Average cost per foot:  $810 (↑)

4 Homes Sold Last Week in Los Feliz

4791 Bonvue, Los Feliz

Sales Price:  $2,239,000

Days on Market: 90

Cost per foot:  $1316

Square feet: 1701;  3 beds/2 baths.  Special notes:  Craig Ellwood, constructed in 1964, it serves as a wall-of-glass property that offers breathtaking views of the home's natural landscape. Ellwood's finest details and prime location present an excellent opportunity to own one of the most significant architectural homes in the U.S.


2163 Lyric, Los Feliz

Sales Price:  $1,533,000

Days on Market: 26

Cost per foot:  $838

Square feet: 1830;  3 beds/3 baths.  Special notes: Franklin Hills ultra modern, energy efficient elegance. This tri-level home by designer Jon Roberts has been newly constructed with meticulous attention to detail. A fully insulated two car garage can double as work or studio space & comes equipped with an electric car charger.Marble countertops, Clè tile, light fixtures by onefortythree, & wall paper by Sidonie Studio all contribute to the home's versatile yet unique aesthetic. This hillside home offers plenty of flat, usable outdoor space for dining & entertaining. A fully irrigated drought-tolerant landscape flanked by tiered, built-in succulent planters.


2115 Rodney Drive, Los Feliz

Sales Price:  $1,049,000

Days on Market: 50

Cost per foot:  $632

Square feet: 1660;  5 beds/2 baths.  Special notes:  1915 Craftsman home with oak floors, central air/heat, & newer electrical, plumbing, & sewer line systems. 1950's kitchen transitions to latter day aesthetics with a Western Holly porthole stove, saltillo style floor, quartz counter tops, & a breakfast banquette area. Separate entrance at the rear of the property leads to the 3rd & 4th bedroom areas which offer income potential. Reflecting as a 5th bedroom on title, the unfinished garage, added in the mid 20s, awaits your imagination & design. 


1927 N WIlton Place, Los Feliz

Sales Price:  $850,000

Days on Market: 51

Cost per foot:  $453

Square feet: 1877;  3 beds/2 baths.  Special notes:  Major fixer, Possible structural damage, 


5 Homes Listed Last Week in Los Feliz