Home Buying in Los Feliz>Question Details

Heather Fern…, Home Owner in San Francisco, CA

I heard Los Feliz is a hip, up-and-coming neighborhood, but it already looks pretty expensive!

Asked by Heather Fernandez, San Francisco, CA Fri May 4, 2007

Based on Trulia's real estate guide (avg. listing price is $1.2mm), it looks like Los Feliz has already come! Are there still deals available in certain areas of Los Feliz?

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13
BEST ANSWER
"Hip, up and coming" is relative. Someone on the westside might view Los Feliz/SilverLake/Echo Park as up and coming, while most Eastsiders know those areas have been coming up for years. They ARE hip, no matter where you're coming from. :) Price can be deceiving in the MLS because Atwater Village is lumped in with Los Feliz, and Atwater sells much lower.
0 votes Thank Flag Link Mon May 14, 2007
I dont understand "up-and-coming"? What does that mean? Los Feliz has been a "hip" place since the 1920s. Perhaps you mean "up and coming" for all the clueless yuppies who are pouring in from all over the USA and discovering L.A. for the first time? It reminds me of the yuppie fellow who claimed he "discovered" the Zanja Madre, a place which had been a favorite play area for 5 generations of Angelenos. The epitome of cool and hip was actually born in or near Los Feliz, much cooler and hipper than any of the new "hot" yuppies emigrants....Henry Miller, Walt Disney, Charles Bukowski, Rudolf
Shindler , Richard Neutra and Art Pepper all hung out or lived here, and dozens of music, film, literary, political, finacial, and art luminaries have lived here since the 1910-20s. Actually, the current crop of hipsters are probably the least talented to move here.....but they sure do dress well....oh, waitaminute, they dress mostly in 60s retro....I think the 1960s Los Feliz hot rodders like Big Daddy Ed Roth would have something to say about that.
2 votes Thank Flag Link Sat Dec 1, 2007
I have lived and worked in Los Feliz for over 26 years. I has always been a hip and cool place to live. It's only gotten better over the years, especially with Hollywood now going through a refresh. Houses here start at around $800,000 up to 10 million. 1 bedroom appartments near the village average $1,200 to $1,600 per month. Los Feliz has great air, lots of cafes and a wonderful small town feel. All with-in Griffith Park walking distance.
1 vote Thank Flag Link Fri Mar 18, 2011
Yes, there are alot of great deals out on the market in and around the Los Feliz area. If you're wanting to live in an area comparable to Los Feliz, Silver Lake and Echo Park, you might want to look into Eagle Rock. Between Pasadena and Glendale. Beside the 2 freeway and the 134. You can be downtown in a few min and even the valley. Great area. I moved a lot of my clients from the Silver Lake, Los Feliz area to Eagle Rock. Home prices are great. Lots of land. Blue Ribbon School systems and amazing shops and resturants.

If you would like to learn more about the area, please e-mail or give me a call.

Hope to hear from you soon.

Jason Pauley
323-252-4310-C
Web Reference: http://www.tomandjason.com
1 vote Thank Flag Link Sat Jan 17, 2009
Hi Heather,
You can try looking into Korea Town. It is going through many changes and looks to be an area some investors are looking at.
0 votes Thank Flag Link Mon Mar 21, 2011
Los Feliz has been an expensive place, beautiful houses! I love Silverlake, bought my place 5 years ago - it is a artsy hip up and coming neighborhood, great restaurants and shops! Watch out for Echo Park, the price of homes are reasonable! Let me know if you are interested in buying a house in those areas., I can surely help you!
0 votes Thank Flag Link Wed Sep 8, 2010
wait
some parts of CA
prices are falling $2,800 per week
bottom in 2-3 years
then buy a house
too risky now

anyways

good luck
0 votes Thank Flag Link Tue Apr 1, 2008
I'm sorry for my earlier grumpy answer , and I wish to apologize, for Trulia is not the place for frowns...its just that most of my dives have disappeared and have been converted into chi-chi night-spots with velvet ropes , bouncers and all that. Sorry. I'm just an old disgruntled hockey geezer from the 70s...Ahhhh....but what what does THAT tell you???? Any history majors out there? Does Athens in the Golden Age ring a bell??? THIS is what is brewing in Los Feliz ( and its surrounds) in the 21st century. So......what are you people waiting for???? Contact a real estate professional NOW!!! Where else can you buy or rent next to a Frank Lloyd Wright or Richard Neutra designed casa??? Where else can you bump into Beck or Flea or Tarantino at the local video store???
0 votes Thank Flag Link Thu Dec 13, 2007
You might also try Mt. Washington.
0 votes Thank Flag Link Wed Dec 12, 2007
There are some great areas near Los Feliz which are just as hip and wonderful but more affordable. Some of those include Echo Park, Silverlake, Atwater Village, Eagle Rock, Montecito Heights and parts of Highland Park. Please let me know if I can be of assistance (818)422-1702 or (866)981-3438.
0 votes Thank Flag Link Wed Dec 12, 2007
BEST ANSWER
In answer to you question, yes, while prices are high in Los Feliz proper, there are many L.F. adjacent areas which are more affordable. Echo Park, South Silverlake, Elysian Valley, Atwater, South Glendale, East Hollywood, South Hollywood. Besides, most of the people you see having a good time drinking Lattes or hangin out in Los Feliz dont live in Los Feliz, but in the aforementioned places, or worse, the westside. Lots of affordable apartments.
0 votes Thank Flag Link Sat Dec 1, 2007
I think Silverlake and Echo Park are allegedly coming up and cheaper. IMHO San Pedro area has more room for upward growth. If it's aleady hip, it's probably expensive.
0 votes Thank Flag Link Fri Jul 27, 2007
Hi Heather,
I agree... Los Feliz has not been up and coming for quite a few years. It has already come!

If you want to live in Los Feliz, the prices are pretty high... be prepared to spend on average around $850,000.
0 votes Thank Flag Link Mon Jun 4, 2007
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