Sunset Strip Residential Market AnalysisDoheny/Bird Streets AreaRecent Home Sales, 2011 |
Sales activity for homes in the Doheny area of the Sunset Strip/Hollywood Hills-West area of Los Angeles, CA. This snapshot of home sales activity represents sales of single-family homes in the Doheny/Bird Streets area of Los Angeles from January 2011 - June 2011.
- Please note: Only single-family homes in the area of Doheny Drive above Sunset Blvd. are included in the chart below. The market analysis is of a specific region of lower and upper Doheny and includes the famed "Bird Streets". The area to the East (Sunset Plaza Drive, Kings Road, etc.) is intentionally not represented for reasons of space, bird's-eye precision, and brevity.
A One-of-A-Kind Neighborhood
What makes the Doheny/Bird Streets area of Los Angeles so special? Many homeowners are drawn to the unique homes in the area. This is a not a cookie-cutter neighborhood where all the homes are the same. In fact, Los Angeles's upscale, luxury neighborhoods all offer homes of distinct character and charm. In the Doheny/Bird Streets part of the Sunset Strip, practically every home has a character of its own and and has been personally stamped with the imprimatur of its homeowner.
Home styles in this exclusive neighborhood range from traditional colonials to strikingly modern and architecturally contemporary estates. The area is also known for having large lots, which can be rare to find in highly desirable areas of the Westside of Los Angeles. Many of the homes in upper and lower Doheny and the Bird Streets are nestled in areas of the hills, offering privacy as well as spectacular city and ocean views. The area permeates with a chic, relaxed wealth that is presented in a rather non-ostentatious fashion. It's what some might describe as "quiet money."
The Appeal of the Bird Streets/Doheny
As you can see from the prices below, the entry-level price of a home in the Doheny/Bird Streets is over a $1 million. Homes in this price range are rarely on the market and relatively scarce in the Doheny/Bird Streets area of the Sunset Strip. When they are for sale, they tend to sell very quickly, regardless of their condition. Prices can quickly go to $15-20 million and up, depending on the architecture, size, and features of the home. The lot and its views are also extremely important. The homebuyers in this area know what they want and generally the means to purchase it. Often, when a buyer can't find exactly what he or she needs, he may tear down or rebuild the existing home to suit his or her lifestyle. Fortunately, these homes tend to fit right in with the distinctive character of the neighborhood. You won't find any McMansions on Doheny or on the Bird Streets.
Residents include an eclectic mix of Hollywood's A-list, captains of industry, successful entrepreneurs and professionals. Homeowners of note, past and present, include among many others: Madonna, Leonardo DiCaprio, Halle Berry, Courtney Cox, Keanu Reeves, George Cukor, Kathryn Hepburn, and Tobey Maguire. This list could go on and on, and is constantly changing as the homes change hands. There is also a sizeable number of residents who have lived in the area for decades. Recently, the area has been a highly-coveted spot for Young Hollywood to take roost, further adding to hipness of the area.
People are drawn to the area because of its unique neighbordhood feel. When dealing with the upper strata of real estate and luxury homes, a sense of community can sometimes be difficult to find in busy Los Angeles. Homebuyers are also drawn to the close proximity to Sunset Strip nightlife and its accessibility to West Hollywood and Beverly Hills. Meanwhile, the winding, picturesque streets offer spacious and quiet retreats and breathtaking views amidst the hustle and bustle of city life.
Recent Home Sales
| Address | List Price | Bedrooms | Baths | Square Feet | Lot Size | Year Built | Listing Date | Sale Price | Sale Date |
| 1320 N DOHENY DR | $3,950,000 | 4 | 4 | 3765 | 14,050 | 1936 | 10/18/2010 | $3,725,000 | 1/26/2011 |
| 9280 NIGHTINGALE DR | $18,900,000 | 4 | 7 | 27,860 | 9/14/2010 | $13,750,000 | 2/9/2011 | ||
| 9034 SHOREHAM DR | $1,199,000 | 3 | 2.5 | 1635 | 5,370 | 1948 | 2/22/2010 | $1,000,000 | 2/17/2011 |
| 1124 SIERRA ALTA WAY | $2,175,000 | 4 | 4.5 | 6,254 | 1936 | 9/10/2010 | $2,000,000 | 2/18/2011 | |
| 8871 ST IVES DR | $949,000 | 3 | 2 | 1736 | 6,840 | 1948 | 9/16/2010 | $860,000 | 2/25/2011 |
| 1369 BOBOLINK PL | $1,995,000 | 3 | 2.5 | 14,080 | 1948 | 1/21/2011 | $1,950,000 | 3/7/2011 | |
| 1355 BOBOLINK PL | $1,199,000 | 4 | 4 | 2545 | 8,530 | 1979 | 12/9/2010 | $1,207,500 | 3/9/2011 |
| 1326 N WETHERLY DR | $3,495,000 | 4 | 4 | 15,250 | 1966 | 9/15/2010 | $3,375,000 | 3/10/2011 | |
| 9405 SIERRA MAR PL | $5,995,000 | 3 | 4.5 | 5009 | 18,440 | 1960 | 11/17/2010 | $5,650,000 | 3/24/2011 |
| 9211 NIGHTINGALE DR | $1,850,000 | 4 | 4 | 3503 | 17,480 | 1963 | 2/25/2011 | $2,300,000 | 3/25/2011 |
| 9145 ST IVES DR | $1,999,000 | 5 | 6 | 5434 | 14,790 | 1954 | 11/10/2010 | $2,145,000 | 3/30/2011 |
| 9050 ORIOLE WAY | $17,995,000 | 3 | 5.5 | 34,456 | 1979 | 3/3/2011 | $14,500,000 | 4/8/2011 | |
| 9300 FLICKER WAY | $2,495,000 | 2 | 2 | 32,140 | 1946 | 2/24/2011 | $2,275,000 | 4/13/2011 | |
| 1249 N DOHENY DR | $5,995,000 | 5 | 6.5 | 14,000 | 1927 | 6/7/2010 | $5,375,000 | 4/25/2011 | |
| 1143 N DOHENY DR | $2,195,000 | 3 | 3 | 3400 | 6,780 | 1931 | 2/18/2011 | $2,100,000 | 4/26/2011 |
| 1286 SUNSET PLAZA DR | $3,550,000 | 4 | 4 | 4200 | 9,440 | 1936 | 2/2/2011 | $3,200,000 | 4/29/2011 |
| 1130 SIERRA ALTA WAY | $2,079,000 | 3 | 3.5 | 2856 | 6,254 | 1936 | 3/14/2011 | $1,825,000 | 5/19/2011 |
| 1227 SIERRA ALTA WAY | $2,495,000 | 3 | 4.5 | 3199 | 10,540 | 3/23/2011 | $2,345,000 | 6/8/2011 | |
| 9268 CORDELL DR | $1,299,000 | 3 | 3.5 | 2336 | 8,080 | 1927 | 2/14/2011 | $1,500,000 | 6/22/2011 |
| 1600 BLUE JAY WAY | $2,599,000 | 3 | 3 | 2362 | 16,690 | 1968 | 12/7/2010 | $2,500,000 | 6/22/2011 |
| 9268 CORDELL DR | $1,299,000 | 3 | 3.5 | 2336 | 8,080 | 1927 | 2/14/2011 | $1,500,000 | 6/22/2011 |
Sunset Strip-Hollywood Hills Property ListingWatch the YouTube tour of David's listing in the Sunset Strip-Hollywood Hills neighborhood. This magnificent property is located at 1271 North Doheny Drive, Los Angeles, CA 90069. |
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How do these home values compare to homes that have sold in Beverly Hills over the past year? Click here to see a market recap of all homes sold in Beverly Hills these past twelve months. |
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Luxury Los Angeles Residential Real Estate Update - $10M HomesWhat homes in the Los Angeles area have sold for over $10 million in 2011? Read this real estate market update of 10 million dollar plus homes sold in LA, several of which are located in the Sunset Strip/Bird Streets area of the Hollywood Hills. |
For a comprehensive market analysis and comparative value of your home, kindly contact David at David@DavidKean.com or by phone/text at 213-422-4516.
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Sierra Towers - Sunset Strip Luxury Condos
Thinking of buying a home at the Sierra Towers on the Sunset Strip in West Hollywood? Click here for detailed bulding information, including condo features and recent sales. |
DAVID KEAN & ASSOCIATES |
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Specializing in high-end residential properties throughout the Los Angeles area (Beverly Hills, Hollywood Hills/Sunset Strip/Doheny, Hancock Park, Bel Air, Wilshire Corridor, Brentwood, Pacific Palisades, Century City, Downtown Los Angeles)
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