Q1 19
Quarterly Market Report
9272 Robin Dr, Sunset Strip $52,000,000 Represented by Branden & Rayni Williams
Table of Contents.
p.2
Founders’ Letter
Significant Sales
Showcase Listings
page 4
page 6
page 14
Owners Rick Hilton and Jeff Hyland recap the first quarter of 2019.
Our most significant sales including the highest sale on Santa Monica’s Palisades Beach.
A gallery of our lateset luxury listings, including the immaculate 9272 Robin Dr.
Earned Media
Market Data
Ultra Luxury
page 22
page 32
page 60
A round-up of our most notable editorial features from Q1.
A look at the overall Q1 marketplace from Malibu to Shermans Oaks.
A look at the ultra-luxury Q1 marketplace ranging from $5 Million to $20+ Million.
Paul Williams: Architect
Variety’s Showbiz Elite
Our Team
page 62
page 64
page 66
Read about this much reverred architect to the stars.
Six Hilton & Hyland agents make this year’s coveted ‘Real Estate Elite’ list
Meet our agents, management and marketing team.
909 N R EXFOR D DR BEVERLY HILLS | $36,500,000 Represented by Linda May and Drew Fenton
p.3
Founders' Letter. Welcome to the Hilton & Hyland Quarterly Market Report, our examination of Q1’s sales figures of the Los Angeles real estate market. In 2019, we brought to the market some incredible, architecturally significant listings, and earned unique features in the international press. The LA residential market remained in high demand, as the average home spent a mere 68 days on market. The average sales price per square foot of the ultraluxury $20 Million+ market rebounded by 86%, jumping to $2,310 per square foot from $1,240 per square foot in Q4 of 2018. As the leading luxury real estate brokerage in Los Angeles, Hilton & Hyland enjoyed a massive 43% of the $20 Million+ residential market share in 2018, a slight increase from years past. We also maintained a dominant 25% market share of the $10 Million+ local residential market and 21% of the $6 Million+ local residential market respectively. Discretion continued to be our specialty as 39% of our top transactions of the year were offmarket listings, with 22 of our 56 sales priced above $10 Million being sold confidentially. We are also proud to have represented the highest sale in the history of Los Angeles in Q2 of 2018, a $110 Million confidential Malibu estate. Throughout the following pages, you will find a detailed analysis on all key neighborhoods in the Los Angeles area, along with specific insights into the luxury market. As the definitive leader in the luxury real estate market, it gives us great pleasure to present this comprehensive report.
p.4
Rick Hilton
Jeff Hyland
CHAIRMAN
PRESIDENT
809 N R EXFOR D DR BEVERLY HILLS | $25,000,000 Represented by Jeff Hyland and Rick Hilton
p.5
Significant Sales.
DREW FENTON
3055 PADARO LANE CARPINTERIA | $18,125,000 Drew Fenton Represented the Seller
p.7
DAVID KONHEIM
2701 VIA ELEVADO MALAGA COVE | $14,100,000 David Konheim Represented the Seller
p.9
PATRICK FOGARTY
8516 HEDGES PL SUNSET STRIP | $12,875,000 Patrick Fogarty Represented the Seller
p.11
JEFF HYLAND & SUSAN SMITH
802 N CRESCENT DR BEVERLY HILLS | $10,400,000 Jeff Hyland and Susan Smith Represented the Buyer and Seller
SUSAN SMITH
704 PALISADES BEACH RD SANTA MONICA | $9,975,000 Susan Smith Represented the Seller
Showcase Listings.
BRANDEN & RAYNI WILLIAMS
9272 ROBIN DR SUNSET STRIP | $52,000,000
p.14
p.15
LINDA MAY & DREW FENTON
909 N BEDFORD DR BEVERLY HILLS | $36,500,000
p.17
RICK HILTON & JEFF HYLAND
809 N REXFORD DR BEVERLY HILLS | $25,000,000
p.19
BJORN FARRUGIA & DREW FENTON
121 ESPARTA WAY SANTA MONICA | $14,995,000
AOURI MAKHLOUF
1003 N BEVERLY DR BEVERLY HILLS | $10,885,000
Earned Media. A selection of our notable press in Q1
Milla Jovovich graces the cover of InStyle Russia The Chimorro House on North Beverly Drive becomes the perfect backdrop for this international photoshoot
InStyle Russia PU BLISHED: MARCH 2019 PH O T O G R A PH Y: Y U T S A I S T Y L I S T: O L E G T I K H O M I R OV A G E N T: J AC K F R I E D K I N & L E O N A R D R A B I N O W I T Z P R O PE R T Y: T H E C H I M O R R O H O U S E B E V E R LY H I L L S $ 1 2 , 4 9 8 , 0 0 0
p.22
p.23
Hilton & Hyland’s best in class marketing team
In the first quarter of the year, we’ve provided the
offers elite top agents an abundance of benefits
locations for five cover shoots for InStyle Russia,
via digital and social exposure on current multi-
Interview Germany, and Icon Spain; three of which hit
million dollar listings. Constantly looking for new
the stands in April.
and edgy ways to stay ahead of the curve and above the competition, our most recent initiative merges
Leonard Rabinowitz and Jack Friedkin’s romantic 911
high-end fashion with high-end real estate.
N Beverly was the backdrop for American actress, model, and musician, Milla Jovovich’s cover shoot for
In the past few months, we’ve partnered with the
InStyle Russia’s April issue. Here we watched eight
top international magazines, including Icon Spain,
designer outfit changes (which included Versace leather
InStyle Russia, and Interview Germany, to provide
jackets and a one-of-one Dolce & Gabbana dress), an
the location for their cover shoots. In exchange for
unrivaled production team that made it happen, and one
the use of our properties, they provide a half to full
stellar, multi-faceted model who didn’t let the rain wash
page advertisements of said homes, allowing Hilton
out the day.
& Hyland to tap into their audience of over 60 million affluent international buyers, investors, and celebrities
Cover shoots with Orlando Bloom and Tom Holland
at an unrivaled level of sophistication – and style.
coming to a magazine stand near you this summer.
p.24
p.25
p.26
Known for its eye-catching modern hotels and model units, from the bustling streets of New York City to the sandy beaches of Florida, ASH NYC, an AD100 firm, is heading out West with the opening of a new staging office in Los Angeles. The move marks a continued growth spurt for ASH Staging. The company’s 25-person team completed 150 projects in 2018 and 100 the year before that. The new location is the third staging office to open for the Brooklyn-based firm, after its second debuted, in the Hamptons. Along with an office and inventory warehouse just east of downtown, ASH has also opened a beautiful showhouse in Venice, fully furnished by the firm with items from its expansive inventory of custom pieces, as well as with objects from local designers and makers.
ASH NYC Expands to West Coast with L.A. Staging Office and Showcase “Our work is focused on elevating the result so that it
The showhouse, located at 665 Broadway
doesn’t even look like staging,” says Andrew Bowen,
Street in Venice, is a remodeled bungalow
head of staging at ASH. “The response has been so
that’s been brought into the modern era with
positive, with people saying, ‘We need you out here,
large glass panes, sleek angles, and a central
there isn’t anything like this available.’”
courtyard for indoor/outdoor access. The fourbedroom house features a formal living room,
The showhouse, located at 665 Broadway Street
a family room, and a garage that ASH has
in Venice, is a remodeled bungalow that’s been
transformed into a game room. The home is
brought into the modern era with large glass panes,
listed at $4,985,000 through Justin Alexander
sleek angles, and a central courtyard for indoor/
and Mick Partridge of Hilton & Hyland. It was
outdoor access. The four-bedroom house features a
built by developer John Scherrer of Make it Nice
formal living room, a family room, and a garage that
LLC, and designed by architect Noah Walker.
ASH has transformed into a game room. The home is listed at $4,985,000 through Justin Alexander and
The move to California makes ASH Staging’s
Mick Partridge of Hilton & Hyland. It was built by
covetable style more accessible to clients.
developer John Scherrer of Make it Nice LLC, and
When it comes to the broader expansion of ASH
designed by architect Noah Walker.
NYC, “anything is possible,” says Bowen.
The
move
to
California
makes
ASH
Staging’s
covetable style more accessible to clients. When
ARCHITECTURAL DIGEST
it comes to the broader expansion of ASH NYC, “anything is possible,” says Bowen.
S T O R Y : T I M O T H Y L AT T E R N E R PHOT O GR A PH Y: CH RISTIAN HARDER
“Our work is focused on elevating the result so that it
PU BLISHED: FEBRUARY 19TH
doesn’t even look like staging,” says Andrew Bowen,
AG E N T S : J U S T I N A L E X A N D E R , M I C K PA R T R I D G E
head of staging at ASH. “The response has been so positive, with people saying, ‘We need you out here,
P R O P E R T Y : 6 6 5 B R O A D W AY S T VENICE $4,985,000
there isn’t anything like this available.’”
p.27
A Ravishing 1930s Spanish Colonial Villa Up for Rent in Los Feliz Beckoning to us like a siren from the rental listings is Los Feliz’s John Anson Ford Residence. Los Angeles Historic-Cultural Monument No. 1027, the 1930s Spanish hacienda was the longtime home of civic reformer and Los Angeles County Supervisor John Anson Ford, who played a key role in the founding of LACMA and the establishment of the Los Angeles County Arts Commission.
starting with the entry foyer’s colorful staircase tile and coffered and painted ceiling.
According to public records, the historic property has been owned since 2002 by noted choreographer/video director Fatima Robinson, who is offering the Normandie Avenue abode for lease fully furnished.
Other outstanding attributes include original bathrooms with dazzling vintage tile, a speakeasy, and a plush home theater with a disappearing screen. As for the al fresco areas, along with multiple patios, there’s a redwood barrel sauna and outdoor shower.
Tucked behind vine-covered gates on a 5,995-square-foot lot, the tile-roofed residence is accessed via a quaint adobe courtyard. Awaiting inside is high drama and flair to spare,
p.28
In the living room, you’ll find vaulted ceilings with stenciled beams, a massive arched stained-glass window, an imposing fireplace, and two pairs of French doors, while the home’s five bedrooms feature crown moldings, steel casement windows, and wrought iron details.
The 4,271-square-foot residence is available for a monthly rent of $14,500. Jonah Wilson of Hilton and Hyland has the listing.
Curbed Los Angeles S T O RY: PAU L I N E O ’ C O N N O R PU BLISH ED: JAN UARY 9TH A G E N T: J O N A H W I L S O N P R O P E R T Y: 1 9 7 6 N N O R M A N D I E AV E LOS FELIZ $ 13 , 9 0 0/M O NTH
p.29
Revamped Hollywood Hills Mid-Century asks $2.95M
p.30
Built in 1956, this polished post and beam in the Hollywood Hills is looking sharp after a thorough overhaul. The house was designed by Case Study architect Craig Ellwood and James Tyler, who at the time worked for Ellwood and designed many of his commissions. The home last sold just 10 months ago (for $1.82 million). Since then, it has been renovated with new terrazzo flooring, a fully remodeled kitchen, and new appliances and fixtures. Fortunately, the residence retains its elegant modern style, with floor-to-ceiling windows, wood-paneled walls, and a handsome brick fireplace that serves as a partial divider between the living room and dining area. With 1,688 square feet of total floor space, the property includes a two-bedroom, two-bath main house and a detached guest studio suspended over the driveway. The house sits on a roughly one-third-acre lot with views across the entire San Fernando Valley. The grounds include a grassy backyard and a slender infinity pool.
Curbed Los Angeles ST ORY: ELIJAH CHIL AN D PU BLISHED: MARCH 15TH A G E N T: M I C K PA R T R I D G E , J U S T I N A L E X A N D E R P R O PE R T Y: 2 9 7 7 PA S S M O R E D R I V E
Asking price is $2.95 million.
H O L LY W O O D H I L L S $ 2 , 9 5 0 , 0 0 0
p.31
Q1 Market Report.
BRANDEN & RAYNI WILLIAMS
9272 ROBIN DR SUNSET STRIP | $52,000,000
p.33
Beverly Hills Welcome to the Beverly Hills real estate market where the quality of life is unparalleled, multi-million dollar architectural masterpieces are in abundance, and residents include Hollywood stars, entertainment moguls, entrepreneurs, and high-profile investors from around the world. While over the years there has been an upward trend in the average sale price per square foot, the average day on market has reached 80 days. This reflects that most homes in the area are either selling very quickly or very slowly. Beverly Hills still remains the most famous zip code in the world and a go-to destination for luxury buyers.
AVERAGE SALE PRICE / SQ.FT.
1,700
1,600
1,400
24
1,200
1,000
LISTI NGS SOLD
800
91.9%
600
AVG. SA LE PR ICE / AVG. LIST PR ICE
400
200
0
p.34
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
SOLD | 816 N ALPINE DR | $15,210,000
DAYS ON MARKET DISTRIBUTION
80
60%
50%
AVG . DAY S O N M A R K E T
40%
$1,434
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.35
Beverly Hills P.O. Boasting exclusive gated communities, historic estates and grand mansions, the hillside community of Beverly Hills Post Office offers unrivaled luxury and privacy. The Beverly Crest neighborhood also provides views of the Los Angeles basin all the way to Catalina Island. Some of the most highly sought after upscale communities can be found here: Beverly Park, Mulholland Estates, Beverly Ridge Estates, and Beverly Glen Park. Coming off a hot Q4 in 2018, Q1 of 2019 shows a slight adjustment in the market as the majority of homes are selling past the 120 day mark.
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
19
865
LISTI NGS SOLD
720
575
89.9%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.36
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
SOLD | 9311 READCREST DR |
$8,900,000
DAYS ON MARKET DISTRIBUTION
88
60%
50%
AVG . DAY S O N M A R K E T
40%
$1,031
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.37
Sunset Strip | Hollywood Hills Nestled in the southeast Santa Monica Mountains, you can’t help but feel you “made it” when you gaze at the hustle of the City of Angels below. This enclave of luxury homes, located high above the Sunset Strip, has become one of the few go-to locations for high-end buyers. Embracing top-tier boutiques, restaurants, and nightclubs while also offering exclusivity, The Sunset Strip remains one of the most consistent markets in all of Los Angeles. In Q1 alone, a staggering 73 listings sold with the average days on market at a mere 63 days, proving that the Strip is hot as ever.
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
73
865
LISTI NGS SOLD
720
575
93.4%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.38
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
SOLD | 2000 LA BREA TERRACE |
$7,900,000
DAYS ON MARKET DISTRIBUTION
63
60%
50%
AVG . DAY S O N M A R K E T
40%
$946
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.39
Bel-Air | Holmby Hills For generations, Bel-Air has ranked among the most prestigious residential communities in the city of Los Angeles. A key part of the Platinum Triangle – along with Beverly Hills and Holmby Hills – this exclusive district is dominated by both historic and contemporary estates, and presents a privacy that has made it a preferred destination for the rich and famous. The average price per square foot dipped in Q1 to $727, while homes spent an average of 83 days on the market, indicating that discerning buyers are forcing sellers to adjust their expectations when it comes to a final sales price.
AVERAGE SALE PRICE / SQ.FT.
1,700
1,600
1,400
26
1,200
1,000
LISTI NGS SOLD
800
88.9%
600
AVG. SA LE PR ICE / AVG. LIST PR ICE
400
200
0
p.40
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
ACTIVE | 924 BEL-AIR RD | $150,000,000
DAYS ON MARKET DISTRIBUTION
83
60%
50%
AVG . DAY S O N M A R K E T
40%
$727
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.41
Century City | Westwood Century City and Westwood are two of Los Angeles’ busiest districts with high-rise residential towers seamlessly taking vertical living to new heights. From Beverly West to The Century, the area remains the leading condominium high-rise neighborhood in Los Angeles, comprised of buildings unparalleled in luxury. Not only does Wilshire Boulevard connect five of Los Angeles’ major business districts, including Beverly Hills, both Fox and MGM studios are located in a series of skyscrapers, along with many historic Los Angeles hotels and museums. Highly coveted single family residences spend little to no time on the market here.
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
22
865
LISTI NGS SOLD
720
575
96.2%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.42
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
ACTIVE | BEVERLY WEST #1600 | $12,100,000
DAYS ON MARKET DISTRIBUTION
51
60%
50%
AVG . DAY S O N M A R K E T
40%
$866
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.43
Brentwood A sanctuary for its residents – who vary from high-profile individuals, affluent families, and Hollywood’s A-listers – Brentwood maintains a stronghold in Los Angeles culture. Right in the pulse of sophistication and allure, residents and tourists can find the area to be quite commercially driven with their high-end boutiques, trendy restaurants, and utmost privacy. The perfect blend of suburban comforts, rich Hollywood history, a luxurious yet relaxed lifestyle, and a surprisingly hip vibe, Brentwood is now home to sprawling upscale single-family residences with impeccably manicured lawns, the Getty Center, and several trails for healthy living.
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
47
865
LISTI NGS SOLD
720
575
95.5%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.44
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
SOLD | 136 S WESTGATE AVE | $6,850,000
DAYS ON MARKET DISTRIBUTION
67
60%
50%
AVG . DAY S O N M A R K E T
40%
$1,007
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.45
Pacific Palisades The ultimate hideaway for extraordinary estates and high-end residences, the Pacific Palisades is one of Los Angeles’ highly coveted neighborhoods and best-kept secrets. With views of the ocean, beach access, and close proximity to Santa Monica, Malibu, Brentwood and Topanga, Pacific Palisades is the perfect place to call home. Pacific Palisades is also home to the striking Getty Villa as well as numerous breathtaking parks offering access to some of Los Angeles’ finest hiking trails, including Will Rogers State Park, Topanga Canyon State Park, and more. With nearly 50% of homes being sold within 30 days, the Palisades remain a seller’s dream.
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
33
865
LISTI NGS SOLD
720
575
97.8%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.46
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
ACTIVE | 14148 RUSTIC LN | $13,500,000
DAYS ON MARKET DISTRIBUTION
63
60%
50%
AVG . DAY S O N M A R K E T
40%
$1,241
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.47
Santa Monica Between the iconic seaside, the striking Santa Monica Mountains, and the famous Pacific Coast Highway, the small yet famed port town of Santa Monica is a hub for single professionals, established families, and overall beach enthusiasts. Residents enjoy prime location as they neighbor Silicon Beach which houses tech giants like YouTube, Snap, IMAX, Netflix, and more. Los Angeles’ Westside communities have continued to retain their demand over the years. With nearly 40% of homes being sold within 30 days, and the average sales price per square foot steadily climbing, Santa Monica remains a prime westside market.
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
39
865
LISTI NGS SOLD
720
575
97.5%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.48
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
SOLD | 248 14TH ST | $4,299,000
DAYS ON MARKET DISTRIBUTION
67
60%
50%
AVG . DAY S O N M A R K E T
40%
$1,267
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.49
Malibu Long hailed as a jewel of Southern California’s gorgeous Pacific Coastline, the city of Malibu remains one of the most coveted destinations in Los Angeles. Along with its 21 miles of breathtaking beaches, lush rolling hills, and an exclusive oceanfront lifestyle, this is home to a community that includes some of the wealthiest and most influential people in the region. Malibu features a unique mix of upscale properties including beautifully restored architectural works and award-winning new constructions. Malibu currently boasts the highest in the history of Los Angeles, a $110 Million architectural masterpiece.
AVERAGE SALE PRICE / SQ.FT.
1,700
1,600
1,400
24
1,200
1,000
LISTI NGS SOLD
800
96.3%
600
AVG. SA LE PR ICE / AVG. LIST PR ICE
400
200
0
p.50
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
SOLD | 33002 PACIFIC COAST HWY | $3,900,000
DAYS ON MARKET DISTRIBUTION
101
60%
50%
AVG . DAY S O N M A R K E T
40%
$1,483
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.51
Hancock Park Renowned architects like Frank Lloyd Wright and Wallace Neff built various Period Revival styles (Tudor, English, Spanish, American, etc.) while maintaining not only the upscale character of the community, but its magic. With Beverly Hills and Downtown LA right down Wilshire Boulevard; La Brea, Melrose, Fairfax Avenues, and The Grove nearby; entertainment, jobs, and nightlife are just around the corner. In fact, the average household income of Hancock Park’s residents consistently ranks among the top in the nation, as do its distinguished museums and pockets of culture,
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
49
865
LISTI NGS SOLD
720
575
97.5%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.52
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
ACTIVE | 615 SEWARD ST | $3,175,000
DAYS ON MARKET DISTRIBUTION
52
60%
50%
AVG . DAY S O N M A R K E T
40%
$810
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.53
West Hollywood Between the thriving art scene, iconic hotels, famous comedy clubs, fashionable boutiques, and innovative cuisine, West Hollywood, has endless amenities and lifestyle experiences to offer its residents. WeHo, as its locally known, is famous for its eccentric fashion retailers along Melrose Ave, and its unparalleled nightlife along Santa Monica Blvd. Continually acknowledged as progressive, diverse, and embracing the influential, West Hollywood is seeing an abundance of contemporary new developments, urban living, and beautiful architectural homes.
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
21
865
LISTI NGS SOLD
720
575
97.9%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.54
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
ACTIVE | SIERRA TOWERS #1901 | $6,750,000
DAYS ON MARKET DISTRIBUTION
48
60%
50%
AVG . DAY S O N M A R K E T
40%
$948
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.55
Los Feliz Los Feliz, like its name suggests, is a happy place to live. Resting just below the southern slopes of Griffith Park, the cozy yet affluent hamlet exudes an appealing small town vibe. Here, you’ll find tree-lined streets, the Greek Theatre, one of Los Angeles’ most walkable commercial districts known as Los Feliz Village, and some of the most sought after real estate in the world. Now a popular celebrity enclave, Los Feliz features jaw-dropping architectural residences from renowned architects such as Frank Lloyd Wright, Richard Neutra, Wallace Neff, Gregory Ain, and R.M. Schindler, attracting creative professionals and Hollywood entertainers alike.
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
34
865
LISTI NGS SOLD
720
575
98.4%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.56
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
ACTIVE | 5682 SPREADING OAK DR | $2,250,000
DAYS ON MARKET DISTRIBUTION
58
60%
50%
AVG . DAY S O N M A R K E T
40%
$776
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.57
Sherman Oaks Cradled in the San Fernando Valley, Sherman Oaks blends warm neighborhood charm with breathtaking views and built-in privacy. Residents can also enjoy all that the Sepulveda Basin Recreation Area has to offer varying from multiple golf courses, tennis courts, baseball diamonds, and soccer fields. Enjoying a steady increase in average sales price per square foot over the last three years, this vibrant community has quickly become a hotbed of luxury real estate. Although the buying frenzy in Sherman Oaks has cooled with the average days on market reaching 75 days, 100 homes still sold in Q1 while achieving over 97% of their asking price on average.
AVERAGE SALE PRICE / SQ.FT.
1300
1155
1010
100
865
LISTI NGS SOLD
720
575
97.3%
430
285
AVG. SA LE PR ICE / AVG. LIST PR ICE
140
0
p.58
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
SOLD | 13451 RAND DR |
$2,080,000
DAYS ON MARKET DISTRIBUTION
75
60%
50%
AVG . DAY S O N M A R K E T
40%
$570
30%
AVG . S A L E PR I C E PE R S Q .F T.
20%
10%
0 0-30
31-60 61-90 90-120 120+
p.59
BRANDEN & RAYNI WILLIAMS
1175 N HILLCREST RD BEVERLY HILLS | $59,995,000
ULTRA-LUX |
AV G . S A L E S $ / S Q . F T.
AVG. SALES $/ SQ FT
1400
$5-10o
1200 1000 800 600
3 Y EA RS (QUA RTER LY) Q1 2016-2019
400
SOLD -7.4%
200 0
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
2000 1800 1600
$10-20o
AVG. SALES $/ SQ FT
1400 1200 1000 800
3 Y EA RS (QUA RTER LY) Q1 2016-2019
600
SOLD +2.3%
400 200 0
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
2600
AVG. SALES $/ SQ FT
2275
1300
$20o+
975
3 Y EA RS (QUA RTER LY) Q1 2016-2019
1950 1625
650
SOLD +3.3%
325 0
Q1
Q3
Q1
Q3
Q1
Q3
Q1
16
16
17
17
18
18
19
p.61
ACTIVE | 173 N ANITA AVE, BRENTWOOD | $10,895,000
p.62 ACTIVE | 241 N ROCKINGHAM AVE, BRENTWOOD | $12,995,000
ACTIVE | 1070 N HILLCREST RD, BEVERLY HILLS | $11,495,000
Paul Williams: Architect to the Stars A S TO R Y B Y N A D I A WAT S O N
You may not know what he looks like, but you have certainly
Known as the “architect to the stars,” Williams has designed
seen his work: The Beverly Hills Hotel & Polo Lounge, The
homes for Old Hollywood’s greats ranging from Frank
Saks Fifth Avenue Building in Beverly Hills, The Shrine
Sinatra, Lucille Ball, Desi Arnaz, Barbara Stanwyck, Tyrone
Auditorium, and the LAX Theme Building to name a few.
Power, ZaSu Pitts, and Cary Grant. By the time he passed
Paul Revere Williams spent his 50-year career literally
away in 1980, he had created nearly 3,000 buildings, most
shaping Los Angeles. He began designing LA homes and
of them throughout Los Angeles and Beverly Hills. In more
commercial buildings in the early 1920s and by the time he
recent years, A-listers such as Denzel Washington and Ellen
died, he created roughly 2,500 buildings all over the world.
DeGeneres have lived in Williams’ homes.
But here’s the plot twist: he was the first certified African American architect west of the Mississippi River.
Williams was way before his time, a true trailblazer of architecture. Luxuriously curving staircases, grand yet cozy
Aware of the prejudices he faced, Williams kept a few
spaces, a patio as an extension of the home were just a few
tricks up his sleeve that were sure to impress, starting with
of his innovative hallmarks in the 20s through the 50s. His
learning how to draw upside down while facing his clients to
classic Hollywood style has become a staple in contemporary
redirect their attention to his immaculate designs, and away
architecture.
from the color of his skin. He would tour potential building sites with his hands clasped behind his back because he
“To be sincere in my work, I must design homes, not houses,”
knew some would not want to shake his hand. In fact, many
wrote Williams. Between his love for all things opulent and
of the neighborhoods in which his homes were located
his innate ability to make any room spacious, warm, and
were closed to him because of his ethnicity. Injustice aside,
livable, to own an authentic Williams home is to uphold the
he prevailed and became the first black architect to join
utmost appreciation for architecture and timeless elegance.
the American Institute of Architects in 1923, and was later
Needless to say, making an iconic Paul Williams home your
inducted as the AIA’s first black fellow in 1957.
home is still a rare opportunity you cannot afford to miss!
p.63
Six Hilton & Hyland Agents Top Variety’s Show Biz Real Estate Elite List A S TO R Y B Y N A D I A WAT S O N
With Award Season comes Variety’s highly anticipated annual list of the entertainment industry’s go-to agents. In fact, they have shed a light on six of our high-flying negotiators: Drew Fenton, Linda May, Branden Williams, Rayni Williams, Jonah Wilson, and Brett Lawyer. Together, these agents to the stars combine a comprehensive knowledge of Los Angeles with an artistic, competitive and stylish lens to the real estate process.
DREW FENTON
LINDA MAY
Specializing in significant estate properties with more
“Everyone still wants to be here! The high-end luxury
than $3 Billion in sales since 2007, Drew has handled such
market remains strong with prices adjusted across the
storied estates and mansions as The Playboy Mansion,
board, buyers are back,” Linda told Variety. In the past
Doheny Estate, and Rosewood in Bel-Air. His current
12 months, Linda had a sales total over $250 Million,
listings include Chartwell, the most expensive home
including the Grey Estate for $68.8 Million, the highest
in the nation, priced at $245 Million; the Beverly House
sale ever in Holmby Hills. Currently, she co-lists the
listed at $135 Million; and the Owlwood Estate co-listed
Owlwood Estate with Drew Fenton; the Johnny Carson
with Linda May at $115 Million. “The best properties will
Estate for $65.2 million; and the home of the late film
continue to trade at record prices,” he says.
producer Arnold Kopelson for $11.9 Million.
JONAH WILSON
BRANDEN & RAYNI WILLIAMS
With a sales total over $200 Million in the last 12
“If you buy anything good the value is usually good,
months, Wilson’s diverse celebrity clients range
but the question is what’s good? That’s why you find
from Pharrell Williams to Ozzy Osbourne to David
experts like us, to find you the diamond in the rough.
Arquette. “Buyers now have the advantage. They
We’re so blessed to be here because L.A. is probably
have more choices and take their time to be more
the best city to live in. No other city has what we have --
selective. We are building a healthier foundation.
beaches, mountains, perfect weather -- which explains
The best locations and better quality properties are
why all the industries are moving here,” Branden
selling,” Wilson says.
Williams told Variety.
BRETT LAWYER The A-list agent had a sales total of over $200 Million for the past 12 months and his celebrity clients included seller Drew Barrymore for her Hollywood Hills; Ellen Pompeo in Hollywood Hills; and Rooney Mara in Hancock Park. “Representing some of the most significant and historic properties in the city makes being matchmaker in Los Angeles so rewarding,” Brett notes.
p.64
p.65
Rick Hilton
Chairman
Jeff Hyland
President
Billy Jack Carter
Executive Vice President
Rosemary Pearson
Office Administrator
Marilea Peacock
Company Controller
David Delgado
IT Director
Sherilyn Segura
Excecutive Assistant
Ashley Getchman
Executive Assistant
Mandy Styles
Reception
Ed Leyson
Marketing Director
Andrew Ledwedge
Creative Director
Nadia Watson
PR + Social Media
Glorioso T. Fajardo
Design + Marketing
Richard Carrillo
Design + Marketing
Judith Parker
Design + Marketing
Joel Delgado
Design + Marketing
Sam Loyola
Secured Escrow - Escrow Officer
Billie Goins
Secured Escrow - Escrow Officer
2 5 7 N C A Ă‘ O N D R , B E V E R LY H I L L S C A 9 0 2 1 0 H I LT O N H Y L A N D . C O M
p.66
Our Agents Adeena Karsseboom-Fitterman
Eric Hassan
Mick Partridge
Adi Werthman
Felix Pena
Monty Beisel
Alexander Ali
Florence Caraco
Neil McDermott
Alexandra Bendheim
Gary Gold
Nichelle Robinson
Alla Furman
Gordon MacGeachy
Nick Blatin
Allison Giannini
Guy Levy
Owen Pochman
Alphonso Lascano
Heather Boyd
Pamela Rich
Amber Cohen
Helena Deeds
Patrick Fogarty
Andrew Buss
Jack Friedkin
Paul Salazar
Andrew Cohen
Jamie Nugent
Paul Stukin
Aneela Zaman
Jana Charalambous
Preston Gazowsky
Anna Marie Simpliciano
Jane Nathanson
Preston Ukra
Aouri Makhlouf
Jay Brener Harris
Rayni Williams
Aren Afsharian
Jennifer Levine
Rebecca Edwardson
Avrille Krom
Jerome Kerr-Jarrett
Richard Maslan
Barbara Duskin
Jesse Lally
Rita Goldsmith
Barbara Robinson
Jonah Wilson
Robby Sutton
Barbara Tenenbaum
Jonathan Matlick
Robert Kass
Basil Starr
Jonathan Nash
Rodrigo Iglesias
Beate Kessler
Joshua T. Greer
Ron Hilton
Benjamin Kruger
Judy Feder
Rona Passman
Beth Ann Green
June Davies
Rory Dorsey
Bill Simpson
Justin Alexander
Roxane Almeida
Billy Dolan
Justin P. Huchel
Roya Sklar
Bjorn Farrugia
Kathy Douglas
Sally Shim
Bozana Cavar
Keeley Smith
Seidhal Hakimi
Branden Williams
Kevin Anderson
Skylar Saca
Brett Lawyer
Kris Zacuto
Stephen Resnick
Brick Williams
Ladae Bond
Steve Levine
Brooke Kaufman Halsband
Ladd Jackson
Steven Medina
Camille Anderson
Laura Kalb
Stuart Vetterick
Carol Whitley
Laurent Mamann Slater
Susan Pekich
Chad Rogers
Lawrence Fitz-Simon
Susan Perryman
Chaya Van Essen
Leonard Rabinowitz
Susan Simmons
Chris Mara
Linda May
Susan Smith
Christina Collins
Lisa Gild
Suzann Brent
Conrad Hitchcock
Loren Judd
Tenny Kilmore
David Assman
Lori Doherty
Thomas Glabman
David Konheim
Lynne Langdon
Tiffany Yi Hu
David Kramer
Manuela Villa
Todd Simons
David Yocum
Marcie Hartley
Trevor Wright
Debra Dresner
Matthew Chavez
Trista Rullan
Denise Moreno
Matthew Schwartz
Tyler Stanaland
Diana Fields
Megan Gallivan
Vanessa Sandin
Dimitri Velis
Mia Trudeau
Vania Stepani
Donovan Healey
Michael Fenton
Wayne Pridgen
Drew Fenton
Michelle Barrett
Zach Gaon
Dustin Cumming
Michelle Crane
Zach Goldsmith
Elena Danielson
Michelle Saniei Lally
Ziv Gabay
p.67
2 5 7 N C A Ă‘ O N D R , B E V E R LY H I L L S C A 9 0 2 1 0
Š2019 Hilton & Hyland Real Estate, Inc. Market statistics based on sales recorded in the Multiple Listing Service from January 1st, 2019 to March 31st, 2019. The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but is not guaranteed and should be independently verified. All prices reflect actual sold price per the Multiple Listing Service, unless the property was sold off-market, in which case the list price is represented. An Equal Opportunity Company. DRE 01160681