Although Los Feliz wasn’t actually named for its happy residents, in all honesty, it might as well have been. Combining stunning architecture and Hollywood Hills views with the artsy, creative energy of the East Side, the Los Feliz neighborhood is sure to put a smile on your face – it really is quite lovely.
Given that, it’s easy to understand why the Hills of Los Feliz boast one of the highest concentrations of movie stars and celebrity residents of any area of LA real estate (Angelina Jolie, Brad Pitt, Madonna, and Gwen Stefani are just a few of the notable names that occupy the 90027).
Also, if walkability makes you happy, then Los Feliz will realy double down on it’s name: coffee shops, boutiques, restaurants, and recreational amenities of every sort abound in this supremely walkable neighborhood.
In the midst of a city where cars are king, the stroll-friendly feel of the Los Feliz neighborhood is a welcome relief. If chic, friendly, and sophisticated is your speed, then Los Feliz is the neighborhood for you. Connect to learn more.
The Real Estate Market:
The Los Feliz real estate market is one of the hottest in Los Angeles. Although Los Feliz property values took a hit in the great recession, they quickly bounced back returning to their pre-recession levels by 2013 and have begun to gain value momentum ever since. Moreover, most major forecasts property forecasts (including C.A.R.) don’t show the rise in values to slow down for at least the next 3 years. Translation: if you have the liquidity to get into the Los Feliz real estate, now is the time to buy.
Although selling a property in Los Feliz woul also turn a profit for most owners, holding on to your home for a little longer and leasing out your home for rental income would likely be the choice ot highest and best use value. That said, every situation is unique, and a real estate agent specializing in the neighborhood can best evaluate your options.
Los Feliz is located just south of the Santa Monica Mountains and is adjacent to Hollywood. The area features the Griffith Observatory, the Greek Theatre, and the Los Angeles Zoo. Los Feliz residents have a sense of community and pride that is a rarity among LA’s more affluent neighborhoods. This translates into a cohesive and welcoming neighborhood experience that is further complimented its homes’ mid century architectural sophistication.
According to the Los Angeles’ Times mapping project, Mapping LA, the boundaries of the Los Feliz neighborhood are as follows: the Griffith Park line between Fern Dell Drive and Riverside Drive on the north; the Los Angeles River on the east; Hyperion Avenue and Griffith Park Boulevard on the southeast; Fountain Avenue and Hollywood Boulevard on the south; and Western Avenue, Los Feliz Boulevard, and Fern Dell Drive on the west and northwest.