It's all about the ceilings in this nicely restored 1929 house in Los Feliz--just fabulous ceiling after fabulous ceiling (in the common areas anyway). The seven bedroom, eight and a half bathroom house last sold in 2003 (for $3.625 million) and was "meticulously restored in 2004. It comes with multiple fireplaces, a "banquet sized formal dining room," a veranda with fireplace, a library, a gym, a wine vault, a theater, a pool, a one-bedroom, two-bathroom guesthouse, and nearly an acre of land. So it's about the ceilings, plus all of that. Asking price is $7.5 million. Update: Some history and photos of how the house looked in 1930.
· 2400 INVERNESS Ave [Redfin]