Situated to the south of the Santa Monica mountains lies the beautiful neighborhood of Los Feliz, which is part of Los Angeles real estate. The neighborhood is named after Jose Vincente Feliz, the colonial Spanish land grantee. Also known as Rancho Los Feliz, the location is an affluent neighborhood noted for its hills, expensive homes, and noted celebrities living there.
The location near downtown Los Angeles, and neighboring Hollywood and Sliver Lake, make this a prime location for real estate. The average home price in the area is over $800K, with many homes costing well over $1M. The atmosphere of Los Feliz is often described as vibrant and urban with a plethera of shops and restaurants in walking distance of one another. The nightlife is great in Los Feliz, with numerous bars available to the those walking downtown. Many of them are rehabbed from the dive bar days gone by, and are now considered hipster bars for the locals to enjoy. It is easy to see Los Feliz offers the solitude that one seeks in their home with the added luxuries of a big city with great food, shopping, nightlife and area attractions very close by. It is a great community for those looking to get out of the city life, but still wanting the proximity to the benefits without the noise and congestion.
Los Feliz is a great location for families to settle with its top-rated public school and various charter schools, allowing families choice of top-quality education. Two private schools in the town, one being Lycee International de Los Angeles, which is a bilingual school, allow for many options for families. With just over 40,000 people living in Los Feliz, it still has the tight community feel, which is attractive to families.
The above amenities and proximity to urban areas have maintained high real estate prices, even during the economic downturn, Los Feliz shows an upswing in pricing as the economy has gotten back on its feet. With low property and crime rates, it is a safe neighborhood to live in at the same time. Family and household incomes are well above average when compared to the rest of California, as there is a much more affluent clientele both living and seeking a home in Los Feliz. North of Los Feliz Boulevard is one of the most affluent areas of the United States with an average household income of $195K. The average commute is less than 45 minutes for most residents in the area, allowing for ample family and personal time for residents to enjoy.
Griffin Park has its southern face in Los Feliz, which is a great spot for family recreation. The Griffith Observatory, Los Angeles Zoo, and Greek Theater are all accessible through Griffin Park, as well as two 18-hole golf courses. With various recreation trails and wildlife viewing available, this is a great addition to the neighborhood.
If you are looking for real estate in the Los Feliz area, and need representation from a well-connected and professional Los Feliz real estate agent, please contact Real Estate Unlimited Agency today at (213) 375-8738 or contact us online. We can’t wait to hear from you to discuss your real estate buying and selling needs.