Get ready to be blown away by this brand-new, jaw-dropping California Modernism-inspired compound in the heart of Pacific Palisades.
Freshly landed on the market for a cool $34 million, this 2024 stunner offers the ultimate blend of luxury, style, and convenience — with a distinct architecture that makes it fit right in with area’s many notable properties, which include four Case Study House Program residences and National Register of Historic Places-designated houses.
Listed by Jacqueline Chernov at Compass and David Berg, Kristin Alexander, and F. Ron Smith of Smith & Berg Partners, the newly built marvel offers 15,681 square feet of luxury living space and some standout amenities, not to mention a killer location in the Palisades.
Here’s a peek inside this posh pad.
Specs & features
Photo credit: Chris Nolasco / Compass
Price: $34,000,000 Location: Between Riviera Country Club, Palisades Village, and Will Rogers State Beach Size: 15,681 sq ft Bedrooms: 6 Bathrooms: 12 Lot size: 0.52 acres Notable features: elevator, subterranean 6-car garage, home automation system Select amenities: Ocean views, home theater, wine-tasting room, full spa with a gym, massage room, sauna, resort-like backyard with zero-edge infinity pool & cabana
Set in an enclave of architecture
Photo credit: Chris Nolasco / Compass
The estate sits on the architecturally significant Chautauqua Boulevard, best known for its four iconic midcentury houses built under the auspices of Arts & Architecture magazine’s Case Study House program.
Bearing the signatures of lauded architects like Charles Eames, Eero Saarinen, Rodney Walker, and Richard Neutra, several of them have been listed in the National Register of Historic Places. That includes the Eames House, the famous mid-century modern home of well-known designers Charles and Ray Eames, now open to visitors.
Paying tribute to the area’s architectural past
Photo credit: Chris Nolasco / Compass
While 538 Chautauqua Boulevard might not align itself with its neighbors’s midcentury modern aesthetics, its architecture does adopt (or rather, adapt) their California Modernism elements.
Drawing heavily on the principles of California Modernism, it features clean lines, open spaces, and a seamless connection with the outdoors. It also heavy showcases certain hallmarks of this style like the extensive use of glass.
Inside the main level
Photo credit: Chris Nolasco / Compass
Walking through the front door, you’re greeted by soaring 12-foot ceilings and steel-framed doors that flood the space with natural light.
The gourmet kitchen, complete with a butler’s pantry, is a chef’s dream come true, and the multiple living areas make this home perfect for hosting grand events or cozy family gatherings.
Luxury amenities galore
Head downstairs to find a bar, lounge, wine-tasting room, home theater, and a full spa with every other wellness amenity imaginable. Think gym, massage room, sauna, and steam room. Talk about living the high life!
Photo credit: Chris Nolasco / CompassPhoto credit: Chris Nolasco / CompassPhoto credit: Chris Nolasco / Compass
Sophisticated interior finishes
The interior of this home is a masterclass in sophisticated design. From the warm, monochromatic palette to the high-end finishes, every detail has been carefully selected.
Highlights include Taj Mahal slab stone, which adds a touch of elegance and durability, and Apparatus lighting that provides both function and a modern aesthetic. These elements come together to create a cohesive and luxurious living environment.
Photo credit: Chris Nolasco / Compass
Standout design elements
Some of the most striking features of this home are the soaring 12-foot ceilings and the walls of steel-framed doors that flood the space with natural light.
Photo credit: Chris Nolasco / Compass
These architectural choices enhance the feeling of openness but also highlight the brilliant millwork of the artisan-crafted walnut staircase and custom built-ins. The design elements are both visually stunning and add practical elegance to the spaces.
The primary suite
Photo credit: Chris Nolasco / Compass
The primary suite is nothing short of a personal oasis. With its high vaulted ceilings, you’re enveloped in an atmosphere of tranquility and spaciousness. Imagine waking up to panoramic ocean views and enjoying your morning coffee from your private sitting room.
The suite also boasts dual custom closets, offering ample space for even the most extensive wardrobes, and a stone-clad bath that creates a spa-like experience right at home.
Bathrooms are equally luxurious
Every bathroom has been crafted with attention to detail, featuring high-end fixtures and finishes, and a luxurious design that seems taken straight out of the most expensive hotels in the world.
Photo credit: Chris Nolasco / Compass
Heading outside to the zero edge pool
Step outside, and you’re greeted by a resort-like backyard that rivals any high-end vacation destination. The zero-edge infinity pool seems to blend seamlessly with the ocean views, providing a perfect spot to unwind.
Photo credit: Chris Nolasco / Compass
More outdoor amenities
The outdoor kitchen and private cabana make entertaining a breeze, whether it’s for hosting a summer barbecue or a sophisticated evening gathering. The outdoor space is designed for both relaxation and recreation, making it an ideal extension of the luxurious indoor living areas.
Our favorite part? The sunken outdoor living area with plenty of seating, which I’m sure makes for one hell of a party spot.
Photo credit: Chris Nolasco / Compass
A great location in the Palisades
The newly built home is located in the affluent neighborhood of Pacific Palisades, known for its tranquil ambiance, breathtaking ocean views, and large, private homes — that sport a hefty median listing price of $5 million, per Realtor.com.
Photo credit: Chris Nolasco / Compass
Conveniently nestled between the Riviera Country Club, Palisades Village, and Will Rogers State Beach, 538 Chautauqua Boulevard offers easy access to some of the area’s top attractions. Whether future owners will be into golfing, shopping, or beach lounging, everything is just a stone’s throw away.
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Los Angeles is known for its eclectic mix of architectural styles, but every so often, a property comes along that truly captures the imagination.
Recently listed for $3.3 million, a rare storybook house in Pacific Palisades offers a unique blend of fantasy and historical charm. Originally built in 1930, the home is a whimsical mix of storybook architecture infused with Spanish, Art Deco, and old-world farmhouse elements.
Step through the gated entry, and you’ll find yourself in a fairy tale setting, complete with a turret, archways, and stained glass windows.
The house is also a treasure trove of salvaged items and artistic touches. With doors from the old Los Angeles Athletic Club, a bar and headboard from Hearst’s collection at San Simeon, and even a backyard fence made from old railway ties, every detail of this home tells a story.
And since pictures are worth a thousand words, let’s take a closer look at this fairytale-esque home — now listed for $3.3 million with Compass’ Dan Urbach.
Property overview
Photo credit: Neuefocus / Compass
Built in 1930, this enchanting home sprawls over 4,234 square feet and features 3 bedrooms, 3.5 bathrooms, and plenty of unique amenities. From its gated front yard with lush landscaping to the spiral staircase and hidden rooms, every corner of this house tells a story.
Especially since the property’s longtime owners have spent the last 60 years sourcing materials spanning from around Los Angeles, the Central Coast, and across Europe – all to create a home that exudes curated, refined character and unique craftsmanship. And their efforts paid off, as we’re about to see.
Breakdown of amenities
Photo credit: Neuefocus / Compass
Before we caught up in this house’s fairytale-like elements, let’s see what it comes with. Some of the amenities include:
A formal living room with brick fireplace and stained glass
Open dining area and kitchen with vintage O’Keefe & Merrit oven
A spacious family room off the kitchen
A primary suite with vaulted ceilings and an Art Deco-style bathroom
Two guest bedrooms, each with unique character and custom details
A backyard with multiple lounge areas, casita, garden shed, and darkroom
Basement and central heating
A carport with garage door
Architectural charm
Photo credit: Neuefocus / Compass
This house is a delightful blend of storybook architecture with touches of Spanish, Art Deco, and old-world farmhouse styles.
Storybook architecture, characterized by whimsical designs and fairy tale elements inspired by European folk tales, first appeared in Los Angeles in the 1920s and quickly gained popularity among Hollywood stars who wanted homes that felt like fanciful hideaways.
This home captures that essence perfectly, with its turreted entry, archways, and stained glass windows that make you feel like you’ve stepped into a fairy tale.
Equally charming interiors
Photo credit: Neuefocus / Compass
Step inside, and you’ll find a living room for the ages — featuring a brick fireplace with a mantel made from an old oak wine press, leaded glass windows, and vaulted ceilings crafted from reclaimed wood from a Los Olivos farm.
The kitchen’s vintage charm
Photo credit: Neuefocus / Compass
The kitchen exudes vintage farmhouse charm, boasting a classic O’Keefe & Merrit oven/range, a custom sink and pantry, and architectural details such as archways and copper-clad corners.
The cozy family room
Photo credit: Neuefocus / Compass
The main hall leads to a cozy family room and an Art Deco-inspired powder room with pink and green hues.
Idyllic primary bedroom
Photo credit: Neuefocus / Compass
The primary suite offers a large bedroom with vaulted ceilings, a built-in vanity, ample closet space, and an Art Deco-style bathroom.
The charming guest bedrooms
Photo credit: Neuefocus / Compass
Two guest bedrooms, each with their own unique character, share a beautifully tiled bathroom with a step-down shower and separate tub.
One bedroom features cathedral-like windows and custom closets with a built-in desk, while the other boasts a seating area and a lofted sleeping space accessible by an oak beam staircase.
The loft above the living area
Photo credit: Neuefocus / Compass
A wrought iron spiral staircase leads to a spacious loft overlooking the living room, complete with bookshelves and secret rooms.
Salvaged treasures
Photo credit: Neuefocus / Compass
The house is a treasure trove of salvaged items.
The doors in the dining room, blue bathroom, and the big middle room are from the old Los Angeles Athletic Club, salvaged by the owner’s late mother during the club’s renovation.
The master bedroom headboard and the bar in the dining room came from Hearst’s collection at San Simeon. Even the backyard fence is made from old railway ties, adding to the home’s quirky charm.
Hearst Castle connections
Photo credit: Neuefocus / Compass
Speaking of Hearst Castle, the house has a direct connection to the famous San Simeon estate. According to our sources, the current seller’s parents had a friend who managed to bring several items from Heart’s castle — and helped repurpose them.
The bar in the dining room and the master bedroom headboard were part of Hearst’s collection, originally sourced from Louis XIV’s collections in France. It was initially part of Hearst’s collection of antique French furniture he had shipped over from Europe to decorate San Simeon. The family friend acquired the headboard and repaired it for the current owners.
Art & sculptures abound
Photo credit: Neuefocus / Compass
Art lovers will appreciate the “Bucket Man” sculpture by Malibu artist Carl Gillberg, which graces the backyard pond. Created in the early ’70s, this whimsical piece doubles as a fountain, adding a playful touch to the garden (provided future owners will rehab the pump).
The house itself is a living piece of art
Photo credit: Neuefocus / Compass
The eclectic combination of salvaged doors, antique furnishings, architectural details, and repurposed materials come together to create a living art piece. Each room has been thoughtfully designed with artistic vision.
The fairy tale continues outside
Photo credit: Neuefocus / Compass
The backyard is equally charming, with a deck, lounge areas, a “casita” with a kitchen, and a garden shed. There’s also a lower level with a storage room, a workshop, and a darkroom, perfect for creative projects.
The “casita” is a rustic dream
Photo credit: Neuefocus / Compass
Made out of reclaimed produce crates and beams, the “casita” is just as unique as the main house, and serves as an extra-charming rustic kitchen with vaulted ceilings, stained glass windows, and plenty of salvaged items.
Pacific Palisades location
Photo credit: Neuefocus / Compass
Located in the picturesque Pacific Palisades, this house offers the perfect blend of coastal living and suburban charm. The Palisades are known for their beautiful landscapes, excellent schools, and a tight-knit community. Plus, it’s just a short drive from the beach, making it an ideal spot for those who love the ocean.
Unlike anything else on the market
Photo credit: Neuefocus / Compass
“There is really nothing like this on the market, especially in the Palisades,” says listing agent Dan Urbach. “Inventory remains low in Pacific Palisades and there is still strong buyer demand for homes priced in a market-value range. Properties with exceptional character and charm tend to sell faster, as they create an emotional appeal.”
This storybook house is not just a home; it’s a fairy tale waiting to be lived in. With its rich history, unique design, and prime location, it’s truly a rare gem in Los Angeles.
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In the coveted Los Angeles neighborhood of Los Feliz, every residence tells a story, and every street corner holds a piece of Hollywood history.
This hillside enclave, gracefully abutting Hollywood and weaving through parts of the Santa Monica Mountains, offers a unique blend of metropolitan allure and serene, natural landscapes — and owning a home here is a symbol of status and exclusivity.
The neighborhood is anchored by one of the largest city-owned parks in the country, the historic Griffith Park, a cornerstone that lends the neighborhood an air of tranquility, uncommon in large urban settings.
“Due to the proximity to historic Griffith Park, Los Feliz enjoys less density and more natural ambiance than most other large metropolitan areas,” shares Konstantine Valissarakos, one of the most preeminent real estate agents in Southern California, deeply acquainted with the area’s charm.
The neighborhood is also home to the two Los Feliz Villages, brimming with quaint, world-class restaurants and amenities. These local treasures craft a sense of belonging, making residents feel part of a “loving neighborhood” – a sentiment hard to find in the bustling city of Los Angeles.
“The two Los Feliz Villages offer quaint, world-class restaurants and amenities, making Los Feliz residents feel like they are in a loving neighborhood,” Valissarakos added, noting that “Los Feliz compares in popularity to other worldwide destination cities where the inhabitants can live anywhere globally that they want and feel special.”
Known for being a top home-buying destination for A-listers and architecture aficionados alike, the area has witnessed a significant surge in home prices, reflecting its growing demand.
“Los Feliz is home to many celebrities. Home prices have gone up in Los Feliz in recent years to match the demand,” the agent adds, highlighting the neighborhood’s appeal. “Finding a characterful or historic home in Los Feliz, akin to an art piece residence, has become a coveted dream for many.”
So then, what homes can you find in the sought-after area?
We’ve reached out to some of the top real estate brokerages with active listings in the area, to give you a feel of the type of homes you can buy in Los Feliz — but be warned, they come with steep price tags.
These figures, though eyebrow-raising, are not at all uncommon for Los Feliz, a Los Angeles neighborhood that has luxury and exclusivity woven into its very fabric.
Standout Los Feliz houses for sale, from a sprawling $38 million historic estate to a film director’s fully restored Tuscan chateau
Owning a piece of Los Feliz is not just about buying property; it’s about embracing a lifestyle desired by many but lived by a few.
And the following listings, all of them Los Feliz houses with a storied past and highly desirable attributes, stand as a testament to the caliber of properties that you can find in the sought-after area. Let’s take a closer look, shall we?
#1 The Cockerham Estate, a $38 million Old World Tuscan chateau
The crown jewel of the neighborhood, the Cockerman Estate is a beautifully reimagined 1914 historic property that’s currently both the largest and highest-priced house for sale in Los Feliz.
Photo credit: Jeremy Spann courtesy of Carolwood Estates
Custom-built for Los Feliz’ prolific developer William Mead in 1914, the multi-structure private compound spans two acres and is anchored by a 20,000-square-foot mansion, offering 9 bedrooms, 9.5 baths, and an endless list of upscale amenities.
Meticulously renovated throughout by its current owners, entrepreneur Myra Chan and her husband — with design and oversight by prized architect William Heffner AIA of Studio William Heffner — the Cokerham Estate welcomes visitors with a grand 2-story entry with sweeping staircase and honed marble floors that sets the stage for the luxury we find inside.
Notable features include an elegant library and living room with imported stone fireplace, a bar/lounge (also with an eye-catching fireplace and custom wood details), an expansive kitchen with a breakfast room, fireplace, center island, and a separate prep kitchen along with a covered heated terrace and full outdoor kitchen.
We’d also like to give a nod to the massive primary with a sitting room suite, marble fireplace, terrace with views, his and hers baths, and large walk-in closets.
Photo credit: Jeremy Spann courtesy of Carolwood EstatesPhoto credit: Jeremy Spann courtesy of Carolwood EstatesPhoto credit: Jeremy Spann courtesy of Carolwood EstatesPhoto credit: Jeremy Spann courtesy of Carolwood EstatesPhoto credit: Jeremy Spann courtesy of Carolwood EstatesPhoto credit: Jeremy Spann courtesy of Carolwood EstatesPhoto credit: Jeremy Spann courtesy of Carolwood Estates
Listed for $38,000,000 with Brett Lawyer of Carolwood Estates, the massive Los Feliz house also comes with a lower-level entertainment space (which includes a bar and lounge), a home gym with head-on city views, a steam room, infrared sauna and salon/glam room area, and an oversized garage with elevator directly servicing all floors.
#2 A Spanish Colonial Revival estate that dates back to 1929, listed for $15.9M
A timeless gem, this Harry Hayden Whiteley, AIA-designed estate blends the grandeur of Mediterranean estates with the allure of old Hollywood glamour.
Photo credit: Christopher Stinner Photos courtesy of The Agency
With 5 bedrooms and 9 bathrooms in the principal residence and 1 bedroom and 2 bathrooms in the detached guest house, the estate sits proudly on a nearly one acre-sized lot, offering sweeping views that stretch across the LA basin and beyond.
The home greets visitors with a grand two-story rotunda entry, adorned with hand-painted art and a sweeping staircase. The grand living room, featuring hardwood floors, an ornate fireplace, and a balcony, overlooks a pool and the cityscape.
Photo credit: Christopher Stinner Photos courtesy of The Agency
A library with a unique coffered ceiling and a Prohibition-style bar, and a majestic dining room with a wood ceiling and French doors to a veranda enhance its appeal.
The chef’s kitchen is equipped with top-grade appliances and a large island. Upstairs, five luxurious bedroom suites preserve the 1920s charm, with the primary suite offering a spa-like bathroom and walk-in dressing closets.
Additional features of the $15.9 million Los Feliz house — listed with top producer Rita Whitney of The Agency — include a gym, a 2,200+ bottle wine vault, a media room with a wet bar, and a sauna. Lush grounds, a four-car garage, and a motor court complete this exquisite Southern California estate.
Photo credit: Christopher Stinner Photos courtesy of The AgencyPhoto credit: Christopher Stinner Photos courtesy of The Agency
#3 An Architectural Digest-featured $9.9M house that’s a piece of Hollywood history
Set on one of Los Feliz’ most coveted streets, Bonvue Avenue, this 5,447-square-foot home is like a trip back in time to Hollywood’s golden era.
Photo credit: Andrew Bramasco courtesy of Carolwood Estates
And its beauty was just as appreciated back then as it is now — the Spanish Colonial was even featured in Architectural Digest soon after it was built, in 1925.
Sited hillside, the multi-tiered property at 4808 Bonvue Ave takes full advantage of panoramic city views while providing complete privacy at street level. The property is listed at $9,995,000 with Marci Kays and Jonathan Mogharrabi with Carolwood Estates.
Offering 5 bedrooms and 6 baths, the meticulously renovated and well-maintained Los Feliz house features a double-height grand living room with coffered, hand-painted ceilings, towering French doors, a step-down den and wet bar, all accessed from the scene-stealing foyer staircase.
Photo credit: Andrew Bramasco courtesy of Carolwood EstatesPhoto credit: Andrew Bramasco courtesy of Carolwood EstatesPhoto credit: Andrew Bramasco courtesy of Carolwood EstatesPhoto credit: Andrew Bramasco courtesy of Carolwood Estates
The imported English wood-paneled formal dining room includes a second-level verandah, an ornamental plaster ceiling, and stained glass vignettes — a bespoke detail that runs throughout the home and compliments the many hand-painted oak doors.
A chef’s kitchen, 600-bottle wine cellar, elevator, family room, library, staff rooms, and home offices all round up the home’s interior amenities.
Photo credit: Andrew Bramasco courtesy of Carolwood EstatesPhoto credit: Andrew Bramasco courtesy of Carolwood EstatesPhoto credit: Andrew Bramasco courtesy of Carolwood Estates
But the amenities continue outside, where the extensive grounds feature multi-level terraces, gravel pathways, hidden gathering spaces and repurposed speak-easy, outdoor dining, and an abundance of fruit trees.
A formal lawn with a period fountain leads to a private pool that’s only visible from the home, adding an extra note of charm and seclusion.
Photo credit: Andrew Bramasco courtesy of Carolwood EstatesPhoto credit: Andrew Bramasco courtesy of Carolwood Estates
#4 Villa Collina, a $7.245M trophy estate once owned by film director James Whale
Remember when we said that most Los Feliz houses tell a story, and every street corner holds a piece of Hollywood’s history?
Photo credit: Charmaine David courtesy of Nourmand & Associates
This following property is no exception, as it was once home to lauded film director James Whale, best known for directing classic horror films including Frankenstein (1931), The Old Dark House (1932), The Invisible Man (1933), and The Bride of Frankenstein (1935), among others.
Before it was purchased by James Whale, Villa Collina was originally built for Clement E. Smoot, an American golfer who competed in the 1904 Summer Olympics — where the American team won the gold medal.
Photo credit: Charmaine David courtesy of Nourmand & Associates
The architect, Henry Harwood Hewitt, is known for designing several staple properties across Los Angeles, including poet Alice Lynch’s former home and the Westlake Masonic Temple in Los Angeles in 1914.
Touted as a “One-of-a-kind authentic dramatic Old World Tuscan chateau in epic setting on a huge flat hilltop lot in prime Los Feliz” per the listing, the 4-bed, 4-bath villa was completely restored before hitting the market for $7,245,000.
Nourmand & Associates agent Konstantine Valissarakos and Richard Yohon at Sotheby’s hold the listing.
Photo credit: Charmaine David courtesy of Nourmand & AssociatesPhoto credit: Charmaine David courtesy of Nourmand & AssociatesPhoto credit: Charmaine David courtesy of Nourmand & AssociatesPhoto credit: Charmaine David courtesy of Nourmand & Associates
Among its many features, 4565 Dundee Drive lists an entertainer’s kitchen with chef’s appliances, built-in breakfast nook and French doors, a primary suite with a fully updated deluxe bath with double sinks, a private office and den, and a redesigned hotel-style full guest apartment which doubles as an oversize spa.
Photo credit: Charmaine David courtesy of Nourmand & AssociatesPhoto credit: Charmaine David courtesy of Nourmand & Associates
Outside, a well-groomed garden, landscaping, and fountains bring peace and tranquility to the property, while a backyard oasis — with a tiled Roman pool and gazebo with built-in seating — lets guests and residents take in the stellar views.
Photo credit: Charmaine David courtesy of Nourmand & Associates
#5 A Weber and Spaulding-designed architectural gem listed for $5.995M
Before Sumner Spaulding and Walter Weber — the architects behind silent film star Harold Lloyd’s 44-room Greenacres mansion — designed Santa Catalina Island’s storied Catalina Casino, they created this residential gem in Los Feliz.
Photo credit: Charmaine David courtesy of Nourmand & Associates
Located in prime Los Feliz at 3659 Shannon Road, the home was designed to make the most of the panoramic views of the hills and LA city lights with original oversized French doors opening up from the first floor onto the sunny backyard, outdoor dining area, and pool deck.
Photo credit: Charmaine David courtesy of Nourmand & Associates
Boasting 7 bedrooms and 7 baths across 6,408 square feet of living space, the 1928-built home retains many original features, including the classic moldings, hardwood floors, built-ins, the dumbwaiter, and double staircases.
Other unique features of the elegant Los Feliz house include three fireplaces, a first-floor library, a formal dining room, living room, and family room, a first-floor bedroom suite, and a dramatic arched hallway connecting the 6 bedrooms upstairs and the office.
Photo credit: Charmaine David courtesy of Nourmand & AssociatesPhoto credit: Charmaine David courtesy of Nourmand & AssociatesPhoto credit: Charmaine David courtesy of Nourmand & AssociatesPhoto credit: Charmaine David courtesy of Nourmand & Associates
There’s also a massive family room with a fireplace on the lower floor, which opens to a separate section of the yard.
Photo credit: Charmaine David courtesy of Nourmand & AssociatesPhoto credit: Charmaine David courtesy of Nourmand & Associates
This beautiful property is also listed with Konstantine Valissarakos of Nourmand & Associates and Rick Yohon of Sotheby’s.
Which one of the striking Los Feliz houses above do you like most?
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An ultra-private home with celebrity pedigree has recently been listed for sale in the hillside community of Franklin Hills, in Los Angeles.
The Sanborn Avenue residence was previously home to musician Graham Nash, best known for his light tenor voice and for his contributions as a member of the Hollies and Crosby, Stills & Nash.
The Rock and Roll Hall of Famer called the Los Feliz residence home at the height of his fame and the property was even referenced in Nash’s 2013 autobiography, Wild Tales: A Rock & Roll Life, where the musician shared stories about his fellow bandmate Stephen Stills and how he would randomly drop by the house to share entire lamb dinners with Nash’s family.
And while it’s been a while since the house’s former famous resident moved out, the 1923-built property has all the potential to attract new star power — especially given how private it is.
Photo credit: Gavin Cater courtesy of Compass
Perfectly sited atop a lushly landscaped hillside that looks out to city and mountain views, this beautifully reimagined Franklin Hills home is on the market with a $1,595,000 asking price. Katie Crain and John Podhor with Compass hold the listing.
Nestled within the vibrant communities of Los Feliz and Silver Lake, the 1,647-square-foot home has 2 bedrooms and 2 baths.
Upon entering the property, you’ll discover well-designed, light-filled living spaces that showcase meticulous attention to detail.
The spacious foyer leads to the primary bedroom, which includes two walk-in closets and an en-suite bathroom with Carrara marble countertops, a double vanity, a Kohler soaking tub, and a separate shower. A laundry room is conveniently located nearby.
Photo credit: Gavin Cater courtesy of CompassPhoto credit: Gavin Cater courtesy of CompassPhoto credit: Gavin Cater courtesy of CompassPhoto credit: Gavin Cater courtesy of Compass
Ascending an oak staircase, we find a chef’s dream kitchen featuring a large island with Caesarstone countertops, custom walnut millwork and shelving, Thermador appliances, and Velux skylights.
The adjacent dining room has original wood windows and sliding doors that open to a charming outdoor patio with native plantings and a cedar hot tub.
Photo credit: Gavin Cater courtesy of CompassPhoto credit: Gavin Cater courtesy of CompassPhoto credit: Gavin Cater courtesy of CompassPhoto credit: Gavin Cater courtesy of Compass
The guest bedroom boasts a designer bathroom with Carrara countertops and a custom walnut vanity, along with access to another outdoor patio. The sunlit living room on the upper level offers panoramic views through large windows and French doors leading to a deck.
See also: Selena Gomez’s house, once owned by singer Tom Petty & its troubled past
Additional features of the property include white oak floors and ample storage space.
While the size and location of the hillside lot doesn’t offer much room for outdoor amenities, the Crosby, Stills & Nash musician’s former home is quite creative when it comes to outdoor spaces — and has plenty of extra charming patios and seating areas to take in the splendid views.
Photo credit: Gavin Cater courtesy of CompassPhoto credit: Gavin Cater courtesy of Compass
And they’ve all been set up for residents and their guests to enjoy morning coffees, weekend brunches, and dinner parties while looking out to expansive views that span from the Griffith Observatory and Hollywood sign to Century City and beyond.
Photo credit: Gavin Cater courtesy of CompassPhoto credit: Gavin Cater courtesy of Compass
Located in close proximity to the shops and restaurants of both Los Feliz and Silver Lake, this home epitomizes the California lifestyle. And its ties to former Crosby, Stills & Nash band member Graham Nash definitely add to its appeal.
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In the world of real estate, where property expertise reigns supreme, it comes as little surprise that the most successful real estate agents own some of the most remarkable and envy-inducing residences.
With their extensive knowledge of market trends and investment potential — not to mention their keenly trained eye for luxury living — real estate pros are the first to spot desirable properties, often before they are even listed for the general public to see.
They then leverage their design expertise and Rolodex of industry connections to turn their homes into personal sanctuaries that serve as living testaments to their industry acumen and discerning tastes.
Such is the case of Billy Rose, realtor to the stars and co-founder of luxury real estate brokerage, The Agency.
Rose, rated as one of the best real estate agents in Los Angeles (and the entire country, once being named the Number 10 real estate agent in the U.S. by The Wall Street Journal), owns an architecturally distinct home in one of Los Angeles’ best areas, which he’s now bringing to market.
Priced at $5,895,000, the elegant abode has served as Billy Rose’s personal residence for 20 years.
Located in the sought-after Westword neighborhood, the property sits on the “first lot bought in highly coveted Westwood Hills”, per the listing, and is known as the Murrow Residence, named after its original owners.
Rose himself provided a little bit of background on the home’s history.
“The Murrows considered the lot to be the trophy of Westwood Hills,” Billy Rose tells us. “Mr. Murrow, for whom the home was built, was (as I understand it) a bit of a “mucky muck” at the Rand Corporation. He had rigged the front door such that he could attach a 35mm projector to the door and project through to the living room.“
But it’s not just the location that appealed to The Agency co-founder.
The home’s distinct design played a big role too. The 1940-built residence is an outstanding example of International Style architecture (post Deco and pre Mid-Century Modern).
Photo credit: The Agency
“I find International Style architecture to be sublime,” Billy Rose shared in an exclusive comment for Fancy Pants Homes. “The style is best described as stripped of all unnecessary ornamentation and about accentuating the strengths of the home (the view, the layout, the light, the circulation, the air flow). Le Corbusier (one of the pioneers of what is now regarded as modern architecture) summed it up best when he called a house a “machine for living”.“
Vintage and collectible lighting, designer finishes, and terrazzo and custom-milled walnut floors complement the home’s unique style, while broad expanses of glass in every direction bring the outdoors in.
Photo credit: The AgencyPhoto credit: The AgencyPhoto credit: The Agency
The house has a total of 5 bedrooms — all suites — with the primary being touted as “one of the best primary suites in its class with extremely generous dual closets and baths”, per the listing.
Photo credit: The AgencyPhoto credit: The AgencyPhoto credit: The Agency
The inviting chef’s kitchen has its own claim to fame.
“My wife is a chef and she filmed her show “Taste of Melrose” from there,” shared Rose whose wife, model-turned-chef Melissa Rose, has been filming her cooking show in their camera-ready kitchen for years.“It was not only a great exhibition kitchen, but it served us well for our numerous dinner parties.”
Photo credit: The AgencyPhoto credit: The AgencyPhoto credit: The Agency
When prompted to pick his favorite area of the house, The Agency co-founder signaled out the primary bedroom suite, along with “the original stairway, with its two-story Torrance steel window system“, which he says was one of the things that drew him to the property.
Photo credit: The Agency
Heading outside, we find a secluded backyard oasis with a cascading pool, spa, fire pit, grassy yard, dining and lounging areas, with mature landscaping, tall hedges, and privacy walls shielding it from prying eyes.
Photo credit: The AgencyPhoto credit: The Agency
Unsurprisingly, Billy Rose holds the listing along with Stefan Pommepuy, also with The Agency.
And while Rose hasn’t yet been part of the cast of Buying Beverly Hills, the Netflix series starring agents from the luxury real estate brokerage he co-founded alongside Mauricio Umansky, we’re hoping his house will — and that the second season of the show will give us a better look inside his inviting abode.
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One of the most recognizable homes ever owned by billionaire movie mogul and aviation pioneer Howard Hughes is back on the market.
The Hancock Park estate — set on South Muirfield Road, on the 8th green of Wilshire Country Club — served as the eccentric billionaire’s home at the height of his fame.
It was while living in his Hancock Park home that he produced his most well-known films (Hell’s Angels, Scarface), set a transcontinental airspeed record, and famously romanced Katharine Hepburn.
Now, the property that once served as Howard Hughes’ house is looking for new owners, and recently landed on the market with a $23 million price tag. F. Ron Smith and David Berg of Smith & Berg Partners at Compass hold the listing.
Originally designed in 1926 by famed architect Roland E. Coate, the property initially belonged to socialite Eva K. Fudger.
When a young Howard Hughes moved to Los Angeles to pursue a career as a filmmaker, he first occupied a bungalow at the Ambassador Hotel with his wife, Ella. And while many thought his ambitions would be short-lived, by the time Hughes’ third movie — 1927’s Two Arabian Knights — was released to great critical acclaim, it became apparent that he was here to stay.
So Howard and Ella set out to find a more permanent residence, settling down in Fudger’s Muirfield Rd residence, first as renters, then outright buying the place from the socialite. And while their marriage was shortlived (Ella would soon move back to Texas, tired of Howard’s obsessions), Hughes spent a decade and a half in his hacienda-style home in Hancock Park.
Photo credit: Noel Kleinman courtesy of Compass
Some of the visionary billionaire’s biggest achievements happened while he was still living in his Muirfield Road house. After winning Hollywood over with films like Hell’s Angels (1930), The Front Page (1931), and Scarface (1932), Hughes started devoting his full attention to flying, ultimately shattering the world record for circumnavigating the globe.
It was also while living here that he had his wirldwind romance with actress Katharine Hepburn. The two were even engaged to be married before their 18-month relationship came to an end.
Breathing new life into the century old residence
In 2011, current owners Ash Shah and his wife, Niroupa Shah, acquired the home for $6.3 million and completely transformed the 1926-built residence.
Ash, a former movie producer-turned-restaurateur (that helped co-found the Danny Trejo brands: Trejo’s Tacos, Trejo’s Coffee & Donuts, Trejo’s Spirits, and Trejo’s Cerveza) and Niroupa gave the New York Times a tour of their famous abode a few years back, talking about the extensive changes they’d made to the estate.
Starting with what they called the outdated, chopped-up floor plan which they had to reconfigure — it still had old-fashioned servants’ quarters that were removed from the main living spaces — to adding a family room off the kitchen, an outdoor kitchen equipped with a pizza oven, and a sleek new swimming pool in the backyard, the Shahs reimagined the Roland E. Coate-designed home for modern living.
Photo credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of Compass
They also turned a pool room into a ’70s-style plywood rec room and redid Mr. Hughes’s former wood-paneled study in striking black lacquer. “We’re fun people,” Ms. Shah told the New York Times. “That sort of old Spanish dark woods didn’t go with us.”
Now, the couple is ready to part ways with their lovely family home and are looking for a buyer who can appreciate both its many attributes and its captivating history.
Howard Hughes’ house is now on the market for $23 million
Recently listed with F. Ron Smith and David Berg of Smith & Berg Partners at Compass, the former residence of visionary billionaire, movie mogul, and aviation pioneer Howard Hughes is now on the market for $23 million.
Beyond its storied history, the 10,179-square-foot Hancock Park abode sits on a very private lot with stunning golf course views, and offers 8 bedrooms, 7 full baths, and 5 half baths.
Per the listing, every element of this home has been meticulously designed, showcasing thoughtful lighting, timeless finishes, and exquisite wall coverings.
Photo credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of Compass
The chef’s kitchen boasts polished brass countertops and a 24-foot kitchen island, opening to a welcoming family room adorned with floor-to-ceiling bookshelves.
Photo credit: Noel Kleinman courtesy of Compass
A beautiful cobblestone courtyard with an outdoor fireplace serves as the home’s striking centerpiece, providing a serene oasis for both relaxation and entertainment.
Photo credit: Noel Kleinman courtesy of CompassPhoto credit: Noel Kleinman courtesy of Compass
The expansive backyard is a true delight for hosting gatherings, featuring multiple lounge areas, a custom-built stone pizza oven and an inviting swimming pool.
Photo credit: Noel Kleinman courtesy of Compass
Other noteworthy features include an intimate screening room, a 2,500-bottle temperature-controlled wine vault (which was actually Howard Hughes’ old vault), and an attached guest residence with a full kitchen and bath.
The property’s landscape design with lush greenery and far-reaching views of the Hollywood Hills and iconic Hollywood sign add to its elegance and allure.
And while any future owner would be lucky to call this place home, forgive us for hoping Leonardo DiCaprio (who famously played Hughes in Martin Scorsese’s The Aviator) decides to add it to his vast real estate portfolio. It would be a match made in Hollywood heaven!
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An elegant new offering from famed architect William Hefner has hit the market for a cool $39.9 million. Located at 1000 Laurel Way, the Laurel House boasts a modernist, resort-like design that perfectly encapsulates the best of Beverly Hills living.
The 16,000-square-foot estate features a total of 9 bedrooms and 14 bathrooms spread across three floors. Completed in 2020, this mansion has a lot more than stunning architecture to be proud of.
Photo credit: Noel Kleinman courtesy of The Agency
On top of being a Hefner masterpiece, another prominent name is attached to the property.
It was developed by real estate mogul Adnan Sen, owner of Sen Properties, who is known for creating ultra-luxurious mansions. Per their website, Sen’s company is “dedicated to reclaiming Beverly Hills as the most exciting and glamorous city in the world.”
That name may sound familiar if you are a fan of Netflix’s Selling Sunset.
The wealthy developer (and his Laurel House property) briefly appeared on the popular real estate reality show. Let us refresh your memory…
Adnan Sen’s $75 million listing on ‘Selling Sunset’
In season 2, episode 2 of Selling Sunset, Oppenheim agent Davina Potratz introduced Adnan Sen to viewers. The property developer was looking to sell his stunning property for $100 million but was advised to lower it to $75 million.
The 16,000-square-foot megamansion came with a massive commission, which was potentially “life-changing” for the ambitious agent.
The overpriced mansion proved to be a major challenge for Potratz. Despite great efforts, she never managed to get a buyer for the house, causing a rift in her relationship with her long-time client.
Adnan and Davina faced off once again in season 5 when the latter asked for a “last chance”.
“I’m asking for a third chance, because no disrespect but it was a little bit overpriced for the area based on the cost. Three-month agreement off market, that was very limited, and I didn’t have a lot of support from Jason and that was tough,” Davina explained.
Related: What happened to Jason Oppenheim’s penthouses from Season 6 of ‘Selling Sunset’?
After expressing his disappointment, Adnan spoke of a newly developed property — the Laurel House — keeping Davina on her toes but later giving her a much smaller listing because “the bigger ones are a little out of your league”.
While the house didn’t get much screentime on the series, the listing went to another prestigious brokerage (one that has its own reality show on Netflix, no less), The Agency, with Pate Stevens acting as agent.
The Laurel House, a $39.9M stunner now up for grabs in Beverly Hills
Photo credit: Noel Kleinman courtesy of The Agency
Given its impressive builder credits, the mansion would undoubtedly attract a lot of discerning buyers.
The inside of the Laurel House is just as stunning as its exteriors. Boasting a modern, minimalist-yet-sophisticated design, and airy spaces, it is both elegant and inviting.
The main level has an open floor plan, featuring hardwood floors, stately columns, and floor-to-ceiling arched windows. The chef’s kitchen is well-equipped with state-of-the-art appliances, a large island, and marble-topped counters.
Photo credit: Noel Kleinman courtesy of The AgencyPhoto credit: Noel Kleinman courtesy of The AgencyPhoto credit: Noel Kleinman courtesy of The AgencyPhoto credit: Noel Kleinman courtesy of The AgencyPhoto credit: Noel Kleinman courtesy of The AgencyPhoto credit: Noel Kleinman courtesy of The Agency
The primary suite upstairs has its own fireplace, his-and-her bathrooms with soaking tubs, dual walk-in closets, and two large balconies overlooking the expansive grounds.
Photo credit: Noel Kleinman courtesy of The AgencyPhoto credit: Noel Kleinman courtesy of The Agency
The basement is decked out with entertainment options, ranging from a 12-seat screening room to a wine cellar, a gym, a glam room, and two ensuite bedrooms.
Photo credit: Noel Kleinman courtesy of The AgencyPhoto credit: Noel Kleinman courtesy of The Agency
Additional amenities include a one-bedroom detached guest house, an oversized pool with built-in seating, an outdoor kitchen, a standalone resort-style cabana, and a gallery garage that can accommodate up to 10 cars.
The combination of exceptional architecture, well-thought-out design, and luxurious finishes make the Laurel House a truly unique property. On top of that, its quick cameo in one of Netflix’s most popular shows also adds prestige and gives potential buyers extra bragging rights.
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A two-story gem designed in 1921 by renowned architect William Lee Woollett, laden with L.A. art and architecture history, has recently been hit the market in Outpost Estates.
The home was owned for 30 years by Walter C. and Louise Arensberg, renowned collectors and patrons of modern art. The couple were visionaries of their time, passionate about the avant-garde movement and constantly pushing boundaries in the art world.
When they acquired this Mediterranean Revival-style residence in 1927, they saw beyond its mere structure.
Photo courtesy of The Agency
To them, it was a colossal canvas waiting to be filled, with its walls, floors, outdoor structures, and L-shaped layout offering endless creative possibilities.
The Los Angeles home that defined modern art
Paintings and sculptures adorned every wall, nook and cranny, and even graced the porch, doors and bathrooms. The property also hosted 4,000 rare books and manuscripts.
Louise died in late 1953 and Walter a few months later. They left their home an absolute treasure trove of art, filled to bursting with nearly 1,000 pieces.
Photo courtesy of The Agency
After their passing, the couple’s art found a new home at the Philadelphia Museum of Art, while their impressive book collection was donated to California’s Huntington Library.
But the house will forever be associated with the timeless works of art that once adorned its walls.
The home and the collections it housed were even the subject of a 2020 book, “Hollywood Arensberg,” published by the Getty Museum. Following the book’s release, Architectural Digest ran a feature on the historic property, calling it “The Los Angeles Home That Defined Modern Art”.
Its architectural journey, with additions by Richard Neutra, John Lautner, culminated in an extensive $5 million renovation
The Arensbergs also had a deep love for modern architecture and had commissioned various additions to the home over the years, some of them to accommodate their remarkable collection.
Their roster of architects reads like a who’s who of cutting-edge designers from the era: Henry Palmer Sabin, Richard Neutra, Gregory Ain, John Lautner, and Henry Eggers.
Some of the home’s special features include a movie theater by Gregory Ain, an office by Richard Neutra, and a carport by John Lautner with a turntable for easy entry and exit to the estate.
Photo courtesy of The Agency
Earl Stendahl, a close friend and neighbor, acquired 7065 Hillside Avenue and turned it into an extension of his Wilshire Boulevard gallery. Following his death in 1966, his family kept running the gallery for many years but eventually fell hopelessly behind on property maintenance.
Related: Richard Neutra-designed stilt house looms over the San Fernando Valley in Los Angeles
When Heithaus and Browning bought the residence, it had no running water or toilets, and the kitchen had been destroyed by fire. Parts of the second floor were rotting.
The two spent $5 million and five years on renovations, bringing the property back to near-original condition. They restored walls, installed new plumbing and electrical systems, and added a stunning fountain and white concrete table with seating for 12 to the front garden, greatly enhancing its charm.
Photo courtesy of The AgencyPhoto courtesy of The AgencyPhoto courtesy of The AgencyPhoto courtesy of The AgencyPhoto courtesy of The AgencyPhoto courtesy of The Agency
The Arensberg house is now on the market for $8.5 million
Now, Browning and Heithaus are ready to sell. While their profit may not be enormous given the $5 million investment, they take pride in having restored a cultural landmark (as designated by the City of Los Angeles) back to its former glory.
Acquired for $2.34 million in 2017 by owners Marco Heithaus and Jonathan Browning, it’s now proudly presented by The Agency’s James Harris and David Parnes.
The two-story residential building offers 4 bedrooms and 6 baths across 5,612 square feet of living space. The living room, dining room, and owner’s suite all have large fireplaces.
Photo courtesy of The AgencyPhoto courtesy of The AgencyPhoto courtesy of The AgencyPhoto courtesy of The Agency
Outdoor amenities include a saltwater swimming pool with a spa, an outdoor kitchen, jaw-dropping fountains, and a sunken garden with a stone dining table that easily accommodates 12.
Photo courtesy of The AgencyPhoto courtesy of The AgencyPhoto courtesy of The AgencyPhoto courtesy of The Agency
The $8.499,000 asking price stands out in Outpost Estates, a community where the Spanish-Revival style dominates. Yet, the home’s pedigree is like no other.
Original masterpieces by Pablo Picasso, Salvador Dalí, Paul Klee, and the ever-scandalous Marcel Duchamp have all adorned the walls, creating irresistible allure. It probably won’t be long before some art- or history-loving buyer answers the call of this remarkable property.
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Mikkel Eriksen, one of the two hitmakers behind the production and songwriting duo Stargate, is parting ways with his custom-designed equestrian estate.
Set in Pacific Palisades’ highly sought-after Sullivan Canyon neighborhood in Los Angeles, the music producer’s home oozes style and comfort — and looks like it’s been completely revamped prior to listing.
In fact, Eriksen has partnered with renowned Montalba Architects (the visionaries behind Nobu Hotels and Soho House) to breathe new life into the 1981-built home before bringing it to market. Now, it’s being offered for sale at $14,950,000 with Compass’ Cindy Ambuehl holding the listing.
Photo by Anthony Barcelo courtesy of Compass
If Eriksen’s name doesn’t sound all too familiar, the songs produced by Stargate over the years likely will.
Stargate, comprised of Mikkel Eriksen and Tor E. Hermanson, have produced or written songs for some of the biggest music artists in the world including Beyoncé, Mariah Carey, Rihanna, Selena Gomez, Jennifer Lopez, Sam Smith, Mary J. Blige, Celine Dion, Janet Jackson, Ne-Yo, Katy Perry, Coldplay, Whitney Houston, Chris Brown, Nas, and others.
Some of their biggest hits include Beyoncé’s Irreplaceable, Rihanna’s Rude Boy, and Katy Perry’s 2010 hit, Fireworks. And if that leaves you wondering how much house you can buy after making it big in the music industry, Mikkel Eriksen’s impressive equestrian estate might just give you an idea.
Photo by Anthony Barcelo courtesy of Compass
“Old Oak is a totally unique experience,” says listing agent Cindy Ambuehl. “There are few properties on huge lots with fully lit tennis courts. There are few properties with a complete wellness center with infrared sauna and cold plunge. There are few properties with an 8th deep large pool and spa. There are very few properties with character using only high end finishes and fixtures. Few homes have the perfect floor plan and abundance of light. There are very few properties that allow you to keep horses in your own backyard. No other property has all of the above.”
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The Stargate producer’s home offers 5,127 square feet of bright, elegantly appointed living space, with 4 bedrooms, 4 full baths, and 2 half baths.
Its top-to-bottom renovation added custom millwork, floor-to-ceiling doors, vaulted ceilings, and white oak floors throughout the light-filled home.
Photo by Anthony Barcelo courtesy of CompassPhoto by Anthony Barcelo courtesy of Compass
The gourmet kitchen is flooded with natural light and is equipped with top-of-the-line appliances, a large island, and direct access to all communal spaces.
But it’s the open floor plan living area that steals the show, with its large living room, entertainers bar, formal dining, family room, and secondary dining all opening to the outdoors, creating a perfect space for hosting large gatherings.
Photo by Anthony Barcelo courtesy of Compass
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Photo by Anthony Barcelo courtesy of CompassPhoto by Anthony Barcelo courtesy of Compass
The primary suite is a luxurious retreat, complete with a dual-sided fireplace, a private office, and a spa-like bathroom that opens to an outdoor wellness retreat.
Photo by Anthony Barcelo courtesy of CompassPhoto by Anthony Barcelo courtesy of Compass
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Photo by Anthony Barcelo courtesy of CompassPhoto by Anthony Barcelo courtesy of Compass
Outdoor amenities include a professionally lit tennis court with a basketball hoop, an 8-foot deep pebble pool, and a spa. The home’s state-of-the-art wellness facility features a six-person infrared sauna, premium cold plunge, tranquil meditation platform, and a serene zen pod.
Photo by Anthony Barcelo courtesy of CompassPhoto by Anthony Barcelo courtesy of CompassPhoto by Anthony Barcelo courtesy of Compass
Per the listing, the property includes two horse stalls, perfect for keeping your equine friends close to home.
The yard is equipped with an outdoor fireplace, built-in barbecue, pool and spa, and a vast koi pond providing a peaceful escape from busy city life. Situated on a 3/4 acre lot, this modern ranch masterpiece offers luxury and comfort in equal measure.
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If you’ve ruled out winning the lottery as your chance to become a millionaire, you must have considered real estate investing a viable opportunity.
And if you haven’t, this article will plant the seed.
Real estate data firm PropertyShark took a closer look at how many property owners have made a good profit off of selling their homes since the turn of the century. More specifically, they looked at homes bought before 2001 for less than $1 million, later to be sold by their owner for $1+ million.
They then grouped the data by city, to give us a clear picture of the thriving real estate markets where investing in property can take us one step closer to becoming a millionaire. Here’s how they map out:
Image credit: PropertyShark.com
The city to land first place is — unsurprisingly — San Francisco, which minted 381 million real estate millionaires as the market skyrocketed in the past two decades. That puts it ahead of Manhattan, which, despite being double the size of San Francisco, only saw 335 people become millionaires off of selling their properties.
A more unexpected finding was that the Los Angeles market lost the third spot in favor of Brooklyn; the New York borough came in on #3, with 281 people making a good profit off of selling their homes for over $1 million.
Trailing closely behind, “the city of Los Angeles, with a population of more than 3.9 million, made 280 people millionaires since the turn of the century,” Robert Demeter reports for PropertyShark, adding that “L.A. isn’t as expensive as some of the neighboring cities in the county, but being spread out with a large number of residents, it’s no surprise it made it so high on our list. Affluent neighborhoods such as Bel-Air, Venice Beach and Brentwood most certainly paved the way for homeowners to become millionaires after selling their properties.”
Other notable markets where people achieved millionaire status by selling their homes are Potomac, MD (182 millionaires), Bethesda, MD (175 millionaires), San Jose, CA (119 millionaires), Queens, NY (93 millionaires), Scottsdale, AZ (86 millionaires), and Plainfield, IL (78 millionaires).
Out of the top 25 “millionaire cities”, 7 are located in the Silicon Valley area, where the median home price regularly goes over the $1 million mark.
It’s worth noting that the study only looked at the profits made off of selling homes in these markets with a sale price over $1 million.
It doesn’t take into account other financial holdings, investments or net worth of these individuals, who may have already been millionaires before selling their homes.
However, it’s a great indicator of markets that are most likely to mint out millionaires after buying local real estate.