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Highland Park, Los Angeles, An Up-And-Coming Neighborhood

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865

Highland Park, Los Angeles is an up-and-coming neighborhood close to Pasadena, Mt. Washington and Montecito Heights.
Highland Park is fast becoming the new Echo Park which in turn is the new Silver Lake.  As one community becomes gentrified, the next takes over, and now it’s the turn of Highland Park.

Highland Park is one of the oldest Los Angeles neighborhoods and one of its most scenic, with parks such as Arroyo Seco and Ernest E. Debs Regional Park .  The Metro Gold Line services the community a boon in this car-centric city of Los Angeles.  It is also the largest Historic Preservation Overlay Zone in the City with over 2,500 designated historical and commercial structures, and home to L.A.’s steepest street, Eldred St., which ends in a wooden staircase.

View Highland Park in a larger map
9 homes have sold over the past six months at a median price of $355,000

Average days on the market were 98.

Average price per square foot = $299.46

Average sold price vs listed price = 99.64%

There are 35 homes on the market with 55 in escrow.

Inventory is low, prices are affordable, and Highland Park is a up-and-coming neighborhood worth investigating, especially for first-time home buyers.

Homes for sale in Highland Park

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Comments (6)

Bob & Leilani Souza
Souza Realty 916.408.5500 - Roseville, CA
Greater Sacramento Area Homes, Land & Investments

Jane, what a great feature on an up-and-coming Los Angeles neighborhood, Highland Park! I would have loved to see a photo of that wooden staircase at the end of Eldred Street. :)

Leilani

Jun 27, 2012 09:18 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Leilani,  here you go:  http://highlandpark-ca.patch.com/articles/fathers-day-day-2012-mount-washington-eldred-stairs#photo-10340820

Jun 27, 2012 09:31 AM
Brenda Mullen
RE/MAX Associates - San Antonio, TX
Your San Antonio TX Real Estate Agent!!

Another great market report Jane!  Those who want to buy or sell a home in the LA area need to call Jane Peters Los Angeles Real Estate immediately :)!

Jun 27, 2012 10:28 AM
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Jane, Los Angeles is so large, it's great to have you carve out the sections that have the attributes a buyer may not find without a great guide like you.

Jun 27, 2012 11:04 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Jane:  You paint a real picture of this area when you mention all the historical properties and the size of the historical area within it.  Sounds absolutely beautiful and an area with unlimited potential.  I hope anyone hoping to buy in the Highland Park area contacts you.  It's obvious you know the area like the back of your hand ...

Gene

Jun 27, 2012 11:41 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Brenda,  thank you dear.

Waye,  thank you too :)

Gene,  appreciate it.  Thanks.

Jun 27, 2012 11:46 AM