Hilton & Hyland Quarterly Report Q1 2019

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