Silver Lake Area Real Estate News And Information: California: Los Feliz

Laughlin Park- an exclusive, gated community in Los Feliz

Laughlin Park is an exclusive, gated community in Los Feliz that was rated by Los Angeles Magazine as one of the "top five" neighborhoods of Los Angeles.  Established in 1905, the enclave is secure behind five gates between Los Feliz Blvd and Franklin Avenue on the Western edge of Los Feliz. Laughlin Park was once home to many of Hollywood's rich and famous including W.C. Fields, Charlie Chaplain and Cecil B. DeMille. DeillMe's villa was built by developer Homer Laughlin who's intention was to build a neighborhood of 40 villas.  Subsequent lot divisions have brought that number to 60 homes. DeMille's villa was built on the largest, highest lot in Laughlin Park providing majestic panoramic views. Today many well-known celebrities and filmmakers are still drawn to the neighborhood with its quiet seclusion and peaceful tree shaded streets.

The Laughlin Park enclave includes the largest and most expensive homes in the Los Feliz area. The grand estates run the gamut in architectural styles from English, Mediterranean and Craftsman to Traditional and Modernist, many with remarkable city and ocean views. The area saw its share of works a number of renowned architects. Lloyd Wright figured prominently in the design of more than five Laughlin Park homes.

The Laughlin Park community remains well-cared for largely due to the effort of its voluntary homeowners association which maintains the gates and the private streets. This close knit neighborhood, like The Los Feliz Oaks, has loyal residence and shows great pride in ownership.

There are currently no homes for sale in Laughlin Park. The last sale in this exclusive neighborhood was the Antonio Moreno estate at 5180 Linwood Dr. This 8000sf home on 1/2 acre sold in October of last year for $3,475,000. For more information on laughlin Park, The Oaks, Los Feliz, and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Copyright © 2010 By Jenny Durling *All Rights Reserved * Laughlin Park- an exclusive, gated community in Los Feliz

The Oaks- Tree studded enclave in the hills of Los Feliz

The oaks is a neighborhood of hillside homes between Beachwood Canyon and Griffith Park bounded by  Fern Dell Drive on the east and Foothill Drive to the south. The area got its name due to the majority of the neighborhood street names have the word "Oak" in them such as "Spreading Oak", "Live Oak", "Red Oak".  This neighborhood has a feeling of privacy and seclusion with its winding, hilly, tree lined streets. Many homes have canyon and city views all the way to the ocean.

The Oaks offers a mix of architectural styles with a large number of mid-century and traditional style homes built in the 1960's as well as 20's and 30's Mediterraneans with lots of square footage, big yards and views for miles. If you don't know your way around it can be easy to get lost in the winding streets, some of which end right in Griffith Park.

The Oaks is a draw to many in the Entertainment industry. In its heyday, it was home to stars like Cary Grant and Randolph Scott. The area still attracts Hollywood celebrities both in front and behind the camera. Brad Pit and Angelina Jolie have been buying homes on their street in the Oaks for their own personal compound and now own close to 1.5 acres.  But this exclusive neighborhood is not only for the rich and famous. The Oaks has a very active homeowners association and the neighborhood pride of ownership and loyalty is something not seen in many other areas of Los Angeles. It seems once someone moves to the Oaks they are unlikely to leave the neighborhood, simply moving to another home within its borders.

There are currently only 2 homes for sale in The Oaks, one at 5417 RED OAK DR  listed for $1,240,000 and the other at 5740 HILL OAK DR  listed for $2,175,000.  To see either of these properties of for more information on Los Feliz, the Hollywood Hills  and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Copyright © 2010 By Jenny Durling *All Rights Reserved * The Oaks- Tree studded enclave in the hills of Los Feliz

 Franklin Hills, an enchanting mix of 1920s' to mid-century homes.

Most people have heard of Los Feliz CA, but not everyone is familiar with Franklin Hills, an enchanting mix of 1920s'to mid-century homes. This historic neighborhood is located east of the Village of Los Feliz and is filled with hillside homes with views in every direction. 

The Shakespeare Bridge serves as a gateway to Franklin Hills along Franklin Avenue between Talmadge Avenue and St George Streets. Originally build in 1926, the Gothic style bridge was designated as Historic-Cultural Monument #126 in 1974. After the Northridge earthquake, the bridge was retrofitted but rebuilt in a way to preserve its historic appearance.

Franklin Hills is a unique community which is particularly pedestrian friendly, at least if you're up for a real work out.  The Franklin Hills Public Stairway system consists of a series of 14 staircases originally built in the 1920's to provide homeowners with pedestrian access to the trolley lines below. The trolley is no longer, but residents and visitors alike still use the stairways for exercise and as shortcuts from one section of the neighborhood to another.

 For more information on this property, Los Feliz, Silver Lake, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Fabulous mid-century modern home in Los Feliz

I honestly can't believe this house is still on the market. When it was first open some 70 days ago, I expected it to be sold in no time flat. It was my hands down favorite new listing at the time.

Apparently, I wasn't actually wrong that it would get offers quickly. Seven days after this beauty at 4349 Cedarhurst Circle in Los Feliz  went on the market, the status was changed to pending. I don't know why this property fell from grace but it was back on the market as of November 11 and still it sits. I can only think this is a case of not enough people seeing it in person or that unfounded fear that "there must be something wrong with it" since it's still available.

Behind a private gate on a small street in the Franklin Hills lies this oasis from the city.  The walk down the path past the pond and fountain in the front yard sets the calming and welcoming mood.  What a terrific property!  A true 1951 gem with great light, layout and indoor-outdoor floor done up to today's standards. 1,852 of living space with 3 bedrooms, 3.5 baths a fabulous double sided fireplace and a great vibe.

Listed at $1,100,000, this Los Feliz beauty is defnitely worth checking out. If you've been looking for your own zen retreat in Los Feliz, this may be the ticket. Take advantage of the low interest rates while they are still around.

For more information on this property, Los Feliz, Silver Lake, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Looking for a Distressed Sale in Los Feliz?

Most of the bank owned and short sale properties in Silver Lake and Los Feliz have been in the lower price ranges.  If you have been looking for a great deal on a view home in the Los Feliz hills, this might be the opportunity you have been waiting for. This is a short sale with two loans but both with the same bank.  There is no reason to fear a short sale. The patient buyer could end up with the best deal in Los Feliz.

4020 Woking Way is a charming character traditional in the prime Los Feliz Hills with spectacular views of the city and mountains.  The 2100+ sf of living space consists of 3 bedrooms , 2 baths, kitchen, dining and living rooms on the first floor. The lower level family room with fireplace accesses the back yard and patio.

The home has a nice layout but the views are the real selling feature. I might even ENJOY doing dishes with a view like that above the sink!

Last sold for $1,100,000 in May of 2008, the current asking price of $899,000 is bound to bring many offers. It's rare to see a Los Feliz home of this quality for less than $1,000,000. There's not much time to see it before offers are submitted to the bank.  See it today from Noon-3PM and 12/20 1PM-4PM or call me and I'll schedule an appointment. But hurry!  All offers will be reviewed 12/21/2009 at 5PM.

For more information on Los Feliz, Silver Lake, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Get into the holiday spirit with Los Angeles DWP Annual Holiday Lights Display in Los Feliz's Griffith Park

Thanksgiving is behind us and Christmas is fast approaching.  The 14^th annual Holiday Lights Festival is off to a ‘green' start.  Opening on December 3^rd for bicycles and pedestrians, this year's display is vehicle-free through Dec 17.  The annual lights consist of a mile's worth of light displays on Crystal Springs Dr. in Griffith Park with lights sparkling from 5 to 10pm nightly.  Cyclists and walkers are encouraged to take advantage of the festival, unencumbered by autos.

The Department of Water and Power display includes festive music, static and animated displays using more than 500,000 bulbs. Many scenes depict famous Los Angeles landmarks like the Griffith Park Observatory and the Hollywood sign. The holiday display is free to the public and a big hit for all ages.

Starting December 18th , the festival will be open for those that prefer to drive through. People may still walk on the walking path, or grab a shuttle from the zoo parking lot through the end of the display on December 30.

For  more information on Los Feliz, Silver Lake, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Charming Los Feliz Bungalow north of the Blvd just over $700k!

Can you believe it?  A 3 bedroom, 1 ½ bath California bungalow north  of the blvd in Los Feliz listed for only $719,000?  This place is full of charm, clean bright and ready to move in.  If you have kids or are planning to have them, there's the added advantage of being in the Franklin Elementary School district. 

This house exudes charm warms and charm and is only minutes from the Village of Los Feliz, Griffith Park and all the area has to offer. 

The first public open house is scheduled for tomorrow, Sunday 11/15 from 1-4.  If you have been looking for a well-priced home in Los Feliz, I highly recommend you stop by and check it out.  Listed by a couple of my favorite Sotheby's agents, you are sure to get a warm greeting.  If you'd rather see it another time, give me a call at 213-215-4758 and I'll be happy to show it to you.  In any case, don't way- this one is bound to sell in a hurry.  He property is located at 2312 Nella Vista Ave in Los Feliz.

For more information on Los Feliz, Silver Lake, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Fabulous mid-century modern home in Los Feliz

 Yesterday I went out to take a look at the area homes that came on the market this week. Hand down my favorite was 4349 Cedarhurst Circle in Los Feliz.  Every so often I see a home that makes me what I would have to do to move into the place myself.  This is one of those houses.

Behind a private gate on a small street in the Franklin Hills lies this oasis from the city.  The walk down the path past the pond and fountain in the front yard sets the calming and welcoming mood.  What a terrific property!  A true 1951 gem with great light, layout and indoor-outdoor floor done up to today's standards. 1,852 of living space with 3 bedrooms, 3.5 baths a fabulous double sided fireplace and a great vibe.

Listed at $1,100,000, this Los Feliz beauty is sure to be gone in a hurry. It will be open this Sunday from 2-5pm or give me a call and I'll arrange a showing. If you've been looking for your own zen retreat in Los Feliz, this may must be the ticket.

For more information on Los Feliz, Silver Lake, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Cool Mid-century California Ranch house in the Los Feliz Hills

4042 Farmouth Dr. in Los Felizis a prime example of a cool Mid-century California Ranch house that practically erases the lines between indoor and outdoor living. The large living room has walls of glass that open to a great outdoor entertaining area with sweeping views from the Observatory and the rolling hills from Griffith Park to the San Gabriel Mountains.  It actually took my breath away when I walked into the living room with it's high ceiling and fabulous views that seem to go on forever.

The home is a spacious 3 bedroom, 3 bathroom of with almost 3000 square feet of living space but what is remarkable is the practically flat lot in excess of 10,000 square feet. This is something that is just not commonly found in the hills of Los Feliz.  Most large lots in the hills tend to have a lot of unusable space this Los Feliz treat is more of a gated compound and respite from the rest of the world.

This Los Feliz home will no doubt be gone in a flash but you still have time to see it if you are around this weekend. There is a public open house scheduled this Sunday from 2-5pm. I recommend you come by and take a look. This house is a great for entertaining or for shutting out the rest of the world. Believe me, I am tempted myself!

To see this fabulous Los Feliz home listed by Richard Stanley for $1,499,000 or for more information on Silver Lake, Los Feliz, Eagle Rock and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com

Los Feliz Real Estate Market Update: September 2009

Low priced Los Feliz real estate is selling relatively quickly, however there is a relatively large inventory homes for sale in the area right now. The mls show the current active listing inventory in the 90027 zip code to be 67 homes. The follow chart shows Los Feliz Real Estate Market activity for the Month of September, 2009.

Now let's take a look at some year to date figures from January 1, 2009 through September 30, 2009. These figures are for single family homes in Los Feliz (zip code 90027) only and to not include Los Feliz condos or income properties.

Los Feliz Home Sales Year-to-date from January 1st, 2009 through September 30, 2009

• Number of Single Family Homes SOLD: 80
• Highest price - $4,000,000
• Median price -$968,750
• Average price -$1,219,791
• Lowest price - $391,500
• Average Days on the Market - 59
• Average Square footage 2,642.92 sf
• Average price per square foot- $467.87

According to the information provided in the MLS, of the total number of single family homes sold in Los Feliz so far this year, 16 where short sales and 11 where bank owned, meaning approximately 34% of the total where distresses sales.

Los Feliz prices vary by location, school district, property size and condition.  The following chart shows that the majority of sale of Los Feliz single family homes this year have sold between $750,000 and $1,000,000.  If you have been hoping to find a house in Los Feliz for $500,000 or less you'll see that relatively few homes have sold in that range.  This price range is not only very competitive, but the majority of the properties are major fixers, very small, and/or in less desirable areas.

For more information on Los Feliz, Silver Lake, Echo Park and surrounding areas, contact me directly at 213-215-4758 or check out LApropertySolutions.com

Broker Associate
Keller Williams Realty, Los Feliz
213-215-4758
http://www.LApropertySolutions.com