Real Estate newsletter: Once Upon a Time in … Los Feliz

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Welcome back to the Real Estate newsletter, which hits your inbox after a week in which some spaces found new life, while others were marked for death.

But first, here’s what the celebs are selling. The week’s splashiest headline came by way of Leonardo DiCaprio. The “Once Upon a Time in Hollywood” star made a move a few miles east in Los Feliz, asking $5.75 million for a leafy 1920s home that he bought from musician Moby three years ago.

He’s hoping for the same success Big Sean had in Beverly Hills Post Office, where the rapper unloaded a custom mansion complete with a nightclub, movie theater and recording studio for $11.1 million. That’s $2.4 million more than what he paid when he bought it from Guns N’ Roses guitarist Slash in 2017. It probably helped that Big Sean ripped out the pirate-ship chandeliers and faux alligator wallpaper that lined the walls when Slash lived there.

The aforementioned “new life” blossomed in Mid-City,…

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