3813 Rhonda Vista Pl. In Los Feliz. Sporting Wood!

It's all about the wood!

New on the market today is this ultra contemporary Los Feliz architectural "statement" with very sharp lines, a sterile outward point of view and an ominous exterior.  But there seems to be a wonderful inner core to the home.  The warm tones and softness of the abundant wood and massive walls of glass make it approachable as a house and not just a monolithic piece of art. $2,495,000 get's you 4 bedrooms, 5 bathrooms and 4,106 SF on a huge street to street lot! Offered by Crosby Doe Associates.

If you want to see it, let me know!

MINTZ

5 OVER 100 (Los Feliz)

DOM (Days On Market) Sounds a lot like RIP. Why are these amazing houses languishing on the block for more than 100 days when others sell in multiple offer situations seemingly immediately?  The answer is simple: Price.  Buyers in today’s real estate market are extremely savvy.  They have a myriad of tools at their fingertips that allow them to develop a keen insight, understand trends, become astute when it comes to value and pricing and really know the micro-area where they want to buy.  If a property is overpriced, the likelihood that it will sell is minimal.  This is where a disconnect between buyers and sellers resides. 

Buyers have done their homework, and in many cases, sellers have not.  In these instances, we have spectacular homes that are simply priced too high for the market. 

I see this as an opportunity.  My suggestion is that you not be afraid to make an offer that is (seemingly) insultingly low relative to the asking price but right on target for the market.

This time, we take a look at Los Feliz.  Here are five incredible properties suffering from an inflated ego.  Stay tuned for other neighborhoods in the coming days!

If you are in the market and want to see these, or any properties, please let me know. Shoot me an email, send me a text or call me anytime. Click for details.

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MINTZ

2532 Wild Oak | 2,995,000 | 259 Days

2549 N CATALINA ST | $3,550,000 | 165 Days

5699 Holly Oak Dr. | $2,599,000 | 159 Days

2661 Aberdeen Ave | $2,995,000 | 134 Days

3824 Carnavon Way | $1,395,000 | 137 then 27 Days

Second Chances!

When this house hit the market in April of this year, I walked in… and promptly walked out.  In spite of my revulsion, it sold for way over asking ($775K) in just 13 days. It was a project, to say the least and I didn’t have anyone brave enough in my arsenal to take it on.  But someone did!

This house has been completely and wonderfully re-conceived and brought up to a standard befitting the celeb-lined street north of Los Feliz Blvd.  As you can see below, the house was a dog with seemingly very little potential.  However, possessing a keen eye and a strong stomach, its new owner has miraculously transformed the home (inside and out) into a true beauty.  At $1,175,000 it is priced well for the area.  A $400,000 profit in 6 months, you might ask.  My answer is: pull the comps!  It is a move-in ready, completely updated, stylishly finished pad at $581/SF.

If you are looking for a low maintenance house with charm and style, this one won’t last long.

If you want to see it, let me know! Let's make an offer!

3 Bedrooms

3 Bathrooms

2,020 SF

7,695 SF Lot

Built in 1957 (neglected until 2010)

Asking: $1,175,000

Before

 

Now

 

 

 

Guacamole Anyone?

There were some great houses on Caravan this week.  This totally updated, lovingly restored, 1912 Craftsman in the heart of Los Feliz Village was among them.  Boasting 3 bedrooms and 2 bathrooms it has been impeccably maintained and is ready for move-in. It is listed at $849,000, $6,000 less than its sale price in 2006 when it went for over asking.

Check out the pictures below!  Refreshingly, they are an accurate representation of this property.  When you get to this home you won't scratch your head, looking for the house you saw online or check the curb to make sure you are at the correct address. This house lives up to the hype!  You know what I'm talking about.  With many listings, the house in the picture is a lot more appealing than the actual house itself.

Believe these pictures! This home is immaculate and definitely worth taking a look at if it is within your budget. If you have kids, they can attend Franklin Elementary. It’s a quick walk to both Hillhurst and Vermont. Griffith Park is around the corner and my office is just down the street so let me know if you want to see it! MintzRE.com

4543 Avocado St.
3 Bedrooms
2 Bathrooms
1,371 SF
5,619 SF Lot
Built in 1912