December 12, 2014
Nourmand & Associates Realtors Had Highest Price Per Square Foot for 2014 in the Area
Michael Nourmand and Adam Sires of Nourmand & Associates Realtors sold the highest price per square foot in the area from La Cienega to Crescent Heights and Beverly Blvd to Melrose, with a minimum house size of 1,300 square feet and a maximum lot size of 6,900 square feet. The property at 336 N. Orlando Avenue, Los Angeles is 1,882 square feet and sold for $1,740,000, which equates to $925 per square foot. This was the highest price per foot per The MLS going all the way back to Jan 1, 2014.
Three bedroom, three bathroom courtyard Spanish located in the heart of Beverly Grove. This home was remodeled with high end fixtures and finishes throughout. Formal entry with hand painted tiles and custom iron light fixture. Large formal living and dining room with stepped-tray ceilings, recessed lights, hardwood floors that overlook the courtyard with a fountain. Gourmet kitchen with carrera marble counter tops and circular breakfast area with wood beam ceilings. Master bedroom has French doors that lead out to a deck and backyard. Also features a walk-in closet with an en suite marble bathroom and oversized rain shower. Newly landscaped front and rear yards, new electrical, roof, and garage with storage space.
The demand for restored homes in this area is growing and this sale is proof that buyers are willing to pay a premium for better quality.