Spaulding Square is a Historic Preservation Zoned (HPOZ) neighborhood located in the Hollywood region of the City of Los Angeles. It is a small sized, low density, urban neighborhood bordered by Sunset Boulevard to the North, Fountain Avenue to the South, Fairfax Avenue to the West and Stanley Avenue to the East. This neighborhood is known for its historic homes and its central location, close to many of the city's major attractions.
The neighborhood received its HPOZ designation in 1993 and is primarily a residential neighborhood, with a mix of single-family homes and apartments. The housing stock in the area is diverse, with a mix of historic homes built in the 1910s and 1920s and newer constructions. Many of the homes in Spaulding Square have been updated and renovated over the years, and there are also several newer developments in the area.
The real estate market in Spaulding Square is highly competitive, with high demand from buyers and a limited supply of homes. However, the real estate market in Spaulding Square is considered to be stable, with prices expected to remain strong in the coming years due to the neighborhood's popularity and central location.
Overall, the real estate market in Spaulding Square is considered to be one of the strongest in Los Angeles. The neighborhood is a popular choice for those looking for a historic, urban feel in the heart of the city, and for those who want to be close to the many attractions and entertainment options that Hollywood has to offer.
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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.