Los Feliz Real Estate Market Recap for the Week Ending June 19, 2016

A WEEKLY RECAP AND BEHIND THE SCENES LOOK AT WHAT HAPPENED IN LOS FELIZ REAL ESTATE HOME SALES FOR THE WEEK ENDING JUNE 19, 2016

ACTIVE HOMES FOR SALE IN LOS FELIZ: 48 (SAME AS LAST WEEK); PRICES RANGING FROM $739,000 TO $6,545,000

  • Average days on market: 48  
  • Average cost per foot:  $745 (↑)
  • For sale properties over $2 million:  21 (↓)
  • Number of price reductions:  17 (↑)

Pending Home Sales:  30 (down from 32 last week);  prices ranging from $679,000 to $3,997,000

  • 5 new pending sales last week (3 last week)
  • 8 pending sales over $2 million 

3 homes sold last week (down from 5 last week)

  • Average cost per foot:  $788 (↑)
  • Average days on market:  22 (↓)
  • Average price:  $1,101,667

9 Homes Listed Last Week in Los Feliz

3 Homes Sold Last Week in Los Feliz

3277 Rowena, Los Feliz

Sales Price:  $775,000

Days on Market: 28

Cost per foot:  $

Square feet: 1111;  2 beds/1 baths. Storybook cottage sited above the street in popular Los Feliz. Designed and built c.1936 by architect Ben Sherwood, known for "The Snow White Cottages" which housed animators at Walt Disney's original studio. This lovingly maintained property is rumored to have also been used by Disney until the early 1940's. Many wonderful original character details remain intact including vaulted wood beam ceilings, hardwood peg flooring, stained glass windows, fireplace, built-in china cabinets, iron railings & hardware.


2300 Tracy Terrace, Los Feliz

Sales Price:  $1,170,000

Days on Market: 7

Cost per foot:  $817

Square feet: 1432;  3 beds/3 baths. Franklin Hills Finest Modern-Contemporary Home has undergone a complete remodel top to bottom with fantastic quality and attention to every detail. This property uniquely positioned atop Hyperion on a street to street lot is a true masterpiece in luxury composition. Stairs lead down to great outdoor space for entertaining. This property is a mixed-use which includes a commercial space with approved plans and permits for a 1,300 sq. ft. 2 story store front on Hyperion. 


1959 N New Hampshire, Los Feliz

Sales Price:  $1,360,000

Days on Market: 30

Cost per foot:  $849

Square feet: 1602;  3 beds/2 baths. Los Feliz Square homes completely restored with the sensibility of the period details.