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Westwood, CA 90024

Westwood, CA 90024

Westwood Real Estate ā€“ Los Angeles, California 90024
Westwood:

Westwood is a district in western Los Angeles, California, not to be confused with Westwood, California. Westwood is best known as the home of the University of California, Los Angeles (UCLA). The eastern portions of the district are often thought of as a distinctly different neighborhood, Holmby Hills. Westwood was carved from the old Wolfskill Farm, a 3,000-plus-acre tract that was purchased in 1919 by wealthy retailer Arthur Letts. Lettsā€™ son-in-law, Harold Janss, was vice president of Janss Investment Co., which developed the area and started advertising new homes in 1922.

Because there is a census-designated place (CDP) in Northern Californiaā€™s Lassen County named Westwood, California, the United States Postal Service has declared that all mail addressed to the Westwood district of Los Angeles must be labeled ā€œLos Angeles, CAā€ instead of ā€œWestwood, CAā€. In general, all districts of Los Angeles located south of the San Fernando Valley (with one or two exceptions) are addressed ā€œLos Angeles, CAā€.

Geography

Located in the northern central portion of Los Angelesā€™ West Side, Westwood is bordered by Brentwood on the west, Bel-Air on the north, Century City and Beverly Hills on the east, West Los Angeles on the southwest, Rancho Park on the southeast, and Sawtelle on the south and southwest. The districtā€™s boundaries are generally considered to be Olympic Blvd. (or Pico Blvd. and, by some, Santa Monica Blvd.) on the southeast, the city limits of Beverly Hills on the northeast, and Sunset Boulevard on the north; its southwestern boundary is the San Diego Freeway between Santa Monica and Wilshire boulevards, and Veteran Avenue between Wilshire and Sunset.

Transportation

Westwoodā€™s major thoroughfares include Santa Monica, Sepulveda, Beverly Glen, Wilshire, Westwood, and Sunset Boulevards. The district is served by the San Diego Freeway. Numerous bus lines serve the area, and recently instituted bus rapid transit service runs along Wilshire.

The areaā€™s notorious traffic has led to calls for the extension of the Wilshire leg of the Los Angeles Metroā€™s Red Line subway to Westwood from its current endpoint at Western Avenue in Koreatown.

The Metro and Caltrans have also begun a project to widen the San Diego Freeway between the interchanges with the Marina Freeway (CA/SR-90) in Culver City and the Ventura Freeway (U.S. Route 101) in Sherman Oaks; the project, which will finally add a northbound carpool lane to the congested route, is not scheduled for completion until 2007 at the earliest.

Attractions

A center of movie-going on the Westside and the site of many movie premieres, Westwood is home to several vintage movie theaters, including the Art Deco Crest, the Mann Village (once called the Fox Theatre) and the Mann Bruin. Westwood is where the infamous Playboy Mansion, and home of Playboy founder Hugh Hefner, is located.

Westwood is also home to the Westwood Village Memorial Park Cemetery, the last resting place of many of Hollywoodā€™s biggest stars. A museum named for and endowed by activist and philanthropist Armand Hammer, longtime head of Occidental Petroleum (which maintains its headquarters on Wilshire Boulevard), has become one of Los Angelesā€™ trendiest cultural attractions since UCLA assumed its management in the 1990s. The Hammer, as it is commonly known, is particularly notable for its collection of Impressionist art and cutting-edge modern art exhibitions.

Westwood Village

Westwood VillageBuilt by the Janss family and wildly successful from its earliest stages, the Westwood Village shopping district successfully retained its cozy village atmosphere even as the San Diego Freeway came through the area in the 1950s and high-rise office towers went up around it in the following decades. However, much of this construction was planned around the never-built Beverly Hills Freeway; in combination with a severe parking shortage at UCLA, high-density development in Westwood has created some of the worst traffic congestion in Los Angeles. Even with the opening of numerous municipal parking structures in the 1990s and 2000s, finding a parking spot in Westwood Village is still a notoriously difficult task. With the proximity of Westwoodā€™s towering business area to its shops that line the streets around UCLA, parking and traffic issues dominate local planning debates.

Little Holmby the Premiere Neighborhood in Westwood:

The neighborhood known as ā€œLittle Holmbyā€ in the Westwood area of Los Angeles, CA 90024 has long been named one of the best neighborhoods in the city of Los Angeles. Anchored by the Warner Avenue Elementary School which is a Los Angeles Unified School District K-5 public elementary school located in the very supportive community of Westwood/West LA. Warner has an outstanding API (Academic Performance Index) ranking of 10 out of a possible 10 with impressive API scores of 963 for both 2010 and 2011.Recent history. The Little Holmby area has homes ranging in price from about $1.8 million to close to $10 million and is surrounded by Holmby Hills to the East, Bel Air to the North and Westwood to the West & South. Bordered by Beverly Glen Boulevard on the East, Sunset Boulevard to the North, Hilgard on the West & Wilshire Boulevard on the South. Also known for itā€™s architectural beauty, elegant homes and rolling hills.

Many local observers contend that Westwood Villageā€™s heyday was between the 1960s and the mid-1980s, when some of the streets were so crowded with pedestrians that they were closed to vehicular traffic. The murder of innocent bystander Karen Toshima, during a gun battle between rival gangs on January 30, 1988, gained nationwide notoriety and led to the widespread impression that even affluent Westwood was not immune to the crime wave then ravaging Los Angeles. It would take more than a decade for this perception to fade. Some residents hold to a conspiracy theory that Westwoodā€™s ā€™90s doldrums were a consequence of local developers intentionally depressing local businesses in hopes forcing them to sell out so that they could overtake whole blocks and implement plans for large mixed use complexes.

Today, while Westwood is again regarded as one of the safest neighborhoods in the city, its retail sector has been slow to recover in the face of increased competition from Century City, the newly revitalized Culver City, the very popular Third Street Promenade in Santa Monica, and mid-city attractions like Park La Breaā€™s The Grove, as well as Downtown Los Angeles which itself is going through a renaissance. Recently, it has been notoriously difficult for new stores to stay in business.

Housing and Demographics

Many of the areaā€™s permanent residents are of European and Iranian ancestry and generally affluent, living in high-rise apartment buildings and, in Holmby Hills, some of the most luxurious single-family houses in Los Angeles. An NPR report in fact recently put the Iranian population of nearby Beverly Hills as high as 20% of the total population.

Single-family homes tend to be east and southeast of UCLA, particularly in the areas behind the LDS temple. Housing in the portion of the district bounded by Sepulveda, Santa Monica, Westwood, and Wilshire Boulevards is mostly low- or medium-rise apartment buildings catering to upscale young professionals, as well as some UCLA students. Most UCLA students in Westwood, however, live in the hilly area of low-rise apartments between Veteran Avenue and the campusā€™ western boundary.

Westwood as seen from Bel Air

Because of consistently high demand and the districtā€™s proximity to so many Westside attractions and businesses, rental housing in Westwood is very expensive relative to most areas of Los Angeles. For all but the wealthiest UCLA students, living off-campus in a Westwood apartment necessitates sharing a room. As a result, many UCLA students live 5 miles south of campus in Culver City and the Los Angeles districts of Mar Vista and Palms, both in private housing and in large UCLA-owned apartment complexes. Significant numbers of UCLA students also live in the San Fernando Valley, but heavy traffic congestion through the Sepulveda Pass and Beverly Glen can wreak havoc on commutes between the Valley and Westwood.

Businesses owned or operated by the Iranian community are clustered along Westwood Blvd., earning it the sobriquet Little Persia.

The Millionaireā€™s Mile

The winding two-mile section of Wilshire Boulevard to the east of Westwood Village is dominated by residential high-rises, and is variously known as the Millionaireā€™s Mile, the Golden Mile[4] or the Wilshire Corridor. Penthouse apartments in the corridorā€™s high-rise condominiums routinely sell for amounts in excess of $20 million. Countless celebrities maintain an address on Wilshire Boulevard in Westwood.

Education

The neighborhood is zoned to Los Angeles USD schools:

Westwood Charter Elementary School
Joint zoning to Emerson Middle School and Webster Middle School
University High School.

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🏡 August 2024 Luxury Real Estate Market Update & Trends for Westwood - Century City 🌟

🔻 Avg Sales Price: $2.64 million, 📉 down 14%

🔻 Avg List Price $3.40 Million, 📉 down 2%

🔻 Properties Sold: 12, 📉 down 10%.

🔻 Days on Market: 38 📆, 📉 down 2%.

🔻 $/Sq FT: $1,090, 📉 down 3%.

Unlock the hidden wealth in your Westwood Century City property! 🗝️💼 Curious about your home equity 💰? Thinking of buying in Westwood or Century City? 🏠🌴 Let's chat! Send a DM or call us at 📱 310-777-6342 for expert insights!

In the August 2024 Luxury Real Estate Market Update for Westwood - Century City, the market has seen slight declines across key metrics. The average sales price dropped by 14% to $2.64 million, while the average list price saw a smaller decrease of 2%, settling at $3.40 million. A total of 12 properties were sold, reflecting a 10% decrease in sales, and the average days on market also shortened by 2%, now at 38 days. Additionally, the price per square foot dipped by 3%, averaging $1,090. If youā€™re curious about your homeā€™s equity or interested in buying in these prime LA neighborhoods, now is a great time to explore your options. Reach out for expert insights!

Westwood, CA 90024

Westwood, CA 90024 Geographical Location

Westwood, CA 90024 Mapped Listings for Sale


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Listing # 23231909
594 S Mapleton Drive Los Angeles, CA 90024
$137,500,000
Beds: 14
Baths: 8 | 19
Sq. Ft.: 56,500
Type: #23231909
Listing # 24437007
200 S Mapleton Drive Los Angeles, CA 90024
$61,500,000
Beds: 10
Baths: 13
Sq. Ft.: 17,000
Type: #24437007
Listing # 24401017
530 S Mapleton Drive Los Angeles, CA 90024
$39,750,000
Beds: 11
Baths: 27
Sq. Ft.: 33,652
Type: #24401017
Listing # 24345587
1200 Club View Drive #22 Los Angeles, CA 90024
$28,950,000
Beds: 4
Baths: 7
Sq. Ft.: 7,976
Type: #24345587
Listing # 24400987
234 S Beverly Glen Boulevard Los Angeles, CA 90024
$12,500,000
Beds: 4
Baths: 4
Sq. Ft.: 4,973
Type: #24400987
Listing # 24420856
10601 Wilshire Boulevard #PH East Los Angeles, CA 90024
$12,300,000
Beds: 4
Baths: 5 | 2
Sq. Ft.: 6,458
Type: #24420856
Listing # 24379311
10580 Wilshire Boulevard #PH 26 Los Angeles, CA 90024
$11,900,000
Beds: 4
Baths: 2 | 4
Sq. Ft.: 4,489
Type: #24379311
Listing # 24408739
10401 Wyton Drive Los Angeles, CA 90024
$9,995,000
Beds: 8
Baths: 10
Sq. Ft.: 7,371
Type: #24408739
Listing # 24447865
760 Westholme Avenue Los Angeles, CA 90024
$6,875,000
Beds: 6
Baths: 6
Sq. Ft.: 5,100
Type: #24447865
Listing # 24446041
1200 Club View Drive #11S Los Angeles, CA 90024
$6,495,000
Beds: 2
Baths: 4
Sq. Ft.: 4,158
Type: #24446041

Based on information from CSMAR, CRMLS, and/or CLAW, and/or CRISNet MLS as of September 3, 2024 1:45 AM PT. The information being provided by CSMAR, CRMLS and/or CLAW and/or CRISNet MLS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. Any information relating to a property referenced on this website comes from the Internet Data Exchange ('IDX') program of CSMAR, CRMLS and/or CLAW, and/or CRISNet MLS. This website may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. Any information relating to a property, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR, CRMLS and/or CLAW, and/or CRISNet MLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. IDX powered by iHomefinder, Inc.

Homes Sold in Westwood, CA 90024

Listing # 23303399
10350 Wyton Drive Los Angeles, CA 90024
SOLD: $34,550,000
Beds: 10
Baths: 12
Sq. Ft.: 24,488
Type: #23303399
Listing # 23338755
1200 Club View Drive #20 Los Angeles, CA 90024
SOLD: $19,500,000
Beds: 4
Baths: 6
Sq. Ft.: 8,215
Type: #23338755
Listing # 23298907
1200 Club View Drive #PH18 Los Angeles, CA 90024
SOLD: $18,000,000
Beds: 4
Baths: 6
Sq. Ft.: 7,950
Type: #23298907
Listing # 24353417
467 Comstock Avenue Los Angeles, CA 90024
SOLD: $16,750,000
Beds: 6
Baths: 7
Sq. Ft.: 9,500
Type: #24353417
Listing # 22198737
1200 CLUB VIEW Drive #1500 Los Angeles, CA 90024
SOLD: $9,750,000
Beds: 3
Baths: 3 | 1
Sq. Ft.: 4,158
Type: #22198737
Listing # 23328149
10601 Wilshire Boulevard #20C Los Angeles, CA 90024
SOLD: $7,751,535
Beds: 3
Baths: 5
Sq. Ft.: 5,424
Type: #23328149
Listing # 23329549
531 Woodruff Avenue Los Angeles, CA 90024
SOLD: $7,567,560
Beds: 4
Baths: 4 | 2
Sq. Ft.: 4,544
Type: #23329549
Listing # 23239803
10729 Lindbrook Drive Los Angeles, CA 90024
SOLD: $6,600,000
Beds: 5
Baths: 3 | 4
Sq. Ft.: 4,657
Type: #23239803
Listing # 22196893
10580 WILSHIRE Boulevard #26SW Los Angeles, CA 90024
SOLD: $6,500,000
Beds: 4
Baths: 5 | 1
Sq. Ft.: 5,742
Type: #22196893
Listing # 24358623
800 S Beverly Glen Boulevard Los Angeles, CA 90024
SOLD: $6,465,000
Beds: 5
Baths: 1 | 5
Sq. Ft.: N/A
Type: #24358623

Based on information from CSMAR, CRMLS, and/or CLAW, and/or CRISNet MLS as of September 3, 2024 1:45 AM PT. The information being provided by CSMAR, CRMLS and/or CLAW and/or CRISNet MLS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. Any information relating to a property referenced on this website comes from the Internet Data Exchange ('IDX') program of CSMAR, CRMLS and/or CLAW, and/or CRISNet MLS. This website may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. Any information relating to a property, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR, CRMLS and/or CLAW, and/or CRISNet MLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. IDX powered by iHomefinder, Inc.

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