
LAKE HOLLYWOOD
WELCOME TO LAKE HOLLYWOOD
Lake Hollywood located in the Hollywood Hills and situated in the Santa Monica Mountains is home to an unparalleled serenity that is unlike any other LA community. The unexpected nature of the Hollywood Reservoir makes Lake Hollywood a welcome respite from the vibrancy surrounding it. Plenty of hiking and biking trails and jogging paths dot the area, making Lake Hollywood a very lively and active community. Surrounding the perimeter of the Hollywood Reservoir is an easy, flat, just-over three mile trail that many residents take advantage of. From both the reservoir and the surrounding neighborhood you can experience stunning, up close views of the Hollywood sign which is located just overhead.
LAKE HOLLYWOOD REAL ESTATE INSIGHTS
Lake Hollywood is among the most popular places for home buyers to consider if they are looking for a quiet neighborhood with bucolic charm. The average days on market in 2021 is 23 compared to 17 days in 2020. The 2021 median sale is $1,700,000 with an average price/foot of $905. The median sale price for the period in 2020 was $1,452,000 with an average price/foot of $820. The data is indicating that 2021 is a sellers market with tight inventory and low interest rates driving the demand.
If you're interested in a particular property or would like to learn more about Lake Hollywood real estate listings, contact Justin Jacobson today for more information.