Los Feliz (Los Angeles, CA)
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Los Angeles, CA 90027 Single Family Residences: Market SnapshotOften, I get asked:  Endre how is the Market? This I find interesting, because then in turn I come back with many questions, such as:  are you interested in the National Figures? Are you Interested in the certain part of the Greater Los Angeles area? Are you asking about Single-Family Residences? Or are you interested in the Income Property or the Condominium Market? I could go on and on, not wanting to bore you, let me just get to the point. One of the conversations that I just had was focused on the Single-Family Residences in the 90027-zip code of Los Angeles. Hence, I thought I would share with you. Since  I seldom write Market Reports.  As of today: Wed Apr 01, 2020   the median list price for Los Angeles, CA 90027 is $...
Comments 8
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Los Feliz is an upscale hillside community of Los Angeles. The neighborhood borders Griffith Parke, which also included the World famous Griffith Observatory as well as the Greek Theater. It is home of the Ennis House of Frank Llyod Wrights fame. The local community is very low key and relaxed. Many millionaires and some Billionaires call Los Feliz their home. If you are interested in building your home in this great community there are still a few Vacant Lots available. Please reach out to me directly to find the right building lot for your. In the mean time enjoy the market trends report below: Listing Status Status Count Active 6 Sold 3 Total 9   Statistical Summary Statistic Bedrooms Bathrooms Square Feet List Price Sold Price DOM Minimum 0 0.00 0 $259,000 $760,000 11 Average 0 0.00...
Comments 3
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Observation about Wine and Real Estate in the greater Los Angeles area....One of my client’s wife decided to invite friends, relatives and neighbors to their home under the pretext of holding a “Blind Wine Tasting”. Keeping in mind they used to have a winery in Napa, as you might guess Diane and I were not going to miss this event.The group that gathered together was an eclectic bunch to say the least. There was a wide range from educators, attorneys to retirees. The Socioeconomic composition of the group was varied as well. The common bond was my client and the location, three homes away there is a famous architectural home owned by a Billionaire and the list goes on and on.We all bought two bottles of wine with us and they were immediately placed in a brown paper bag, hence it was a t...
Comments 7
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Los Feliz, CA 90027 Market Trend Report is published…The Median List Price for the Los Feliz, CA 90027 section of Los Angeles is approximately $1,999,000.00. As of this writing the Market Activity favors a slight seller’s advantage.Now this might sound repetitive, since I have been writing these reports, the prices have not seemed to move off from their plateau. The benefit I find favorable for buyers, since there seems to be now this plateau on the prices. Of course, should there be a change and an upward trend in sales that in turn will trigger price increases, provided the inventory will remain tight relative to the sales activities.Based on the higher demand for homes, I anticipate a strong 2017 and beyond.Most importantly there are some indicators we can look at to determine th...
Comments 13
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Real Estate Market Report for Los Feliz, CA. 90027The Single-Family Market in the Los Feliz neighborhood of Los Angeles has been cooling over the past few months. Prices flattened out. Despite that if you look at the current rate of sale versus the amount of inventory you will notice that despite this Los Feliz is still in a Seller’s Market.  I attribute this phenomenon to the significant demand and that there is little inventory available.The 90027-zip code is famous for having modest size lots compared to other parts of Los Angeles. Land is at a premium. There are virtually no homes on lots larger than a half an acre of land. On the other hand, there are some premium priced homes that are virtually inside Griffith Park and it gives the feel as if your back yard is Griffith Park, which...
Comments 8
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Did you know that a 103 years ago yesterday, was the first time the Los Angeles Aqueduct delivered Owens Valley water to Los Angeles?On November 5th, 1913, the Los Angeles Aqueduct delivered Owens Valley water to Los Angeles for the first time.  Hard to believe that was 103 years ago yesterday. Interestingly I was driving to my land listing appointment. As I was turning off Los Feliz Blvd, I had to take a picture of the Mulholland Memorial Fountain. At the Aqueduct, Centennial Garden.Yes, you guessed it, three years ago the Los Angeles Department of Water and Power (LADWP) made significant improvements to the grounds surrounding the Mulholland Memorial Fountain to commemorate the Los Angeles Aqueduct’s 100-year anniversary.They renovated the fountain and did some beautification around t...
Comments 2
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Los Feliz a hillside neighborhood of Los Angeles, CA 90027Thanks to one of the first land grants in California approximately 6,647 acres of land was granted to Corporal Jose Vicente Feliz.  The land was called Rancho Los Feliz There were a few ownership transfers and ultimately one of the owners became Colonel Griffith J. Griffith. Needless to say he acquired about 4.071 acres of the original Rancho Los Feliz.Those of you who read my posts regularly know I have written about Griffith Park, which Colonel Griffith donated to the city of Los Angeles. ( Griffith Park )The Greek Theater also calls Griffith Park it’s home. (Griffith Park )As well as The Griffith Park Observatory. Of which I have written about as well, in case you missed it here are the links.( Griffith Observatory) Some of yo...
Comments 8
Community Sponsor Los Angeles, CA Real Estate Professionals