La Fayette is a Historic Preservation Zoned (HPOZ) neighborhood within the Mid-City area of Los Angeles. The area is known for its historic architecture and closed off streets with single entry street access. It is also known for its central location, as it is close to downtown Los Angeles and major freeways.
As for the real estate market, La Fayette Square has seen an increase in popularity in recent years, leading to an increase in property values. The area is primarily composed of single-family homes, with a mix of architectural styles, including Craftsman, Spanish Colonial Revival, and Mediterranean Revival.
The real estate market in La Fayette Square is one of the more affordable options for homebuyers in the Los Angeles area. However, prices are still relatively high compared to surrounding areas, due to the high demand for properties in this small, secluded neighborhood.
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We here at LA Home Appraisal, are Certified Residential Appraisers with over 2 decades of experience in the Los Angeles County market. There is not a single area within this region that we have not appraised. We understand the vastness and complexities of each neighborhood and the importance of local knowledge in providing you with an accurate home appraisal.