West Adams Terrace is a Historic Preservation Zoned (HPOZ) neighborhood within the City of Los Angeles. It is a small sized, low density, urban neighborhood bordered by 10 Freeway to the North, Adams Boulevard to the South, Bronson Avenue to the West and Western Avenue to the East. It is also located 6 miles southwest of Downtown Los Angeles.
The neighborhood received its HPOZ designation in 2003 and it is known for its large and architecturally significant homes, many of which were built in the early 20th century. The neighborhood was originally developed as a middle-class suburban community and today it is one of the city's most prestigious and sought-after neighborhoods, with a mix of families, young professionals, and artists. West Adams Terrace features tree-lined streets, historic architecture, and vibrant cultural scene, with a number of local shops, restaurants, and cultural institutions. The neighborhood is also well-connected, with easy access to public transportation, freeways, and the rest of Los Angeles, making it a popular choice for those who want to live in a historic and culturally rich neighborhood that is still close to the city's amenities.
The real estate market inWest Adams Terrace is highly competitive, with a high demand for housing and limited inventory. The home prices in the neighborhood range from around $800,000 for a smaller home to over $2.5 million for a large historic home. In recent years, the neighborhood has seen a significant increase in home prices, reflecting the high demand for housing in the area. In addition to single-family homes, West Adams Terrace also has a small number of apartments and townhouses, which are popular among renters and first-time home buyers.
Overall, the real estate market in West Adams Terrace is highly competitive, with a high demand for housing and limited inventory, making it a desirable and sought-after neighborhood for both home buyers and renters. The neighborhood's rich history, stunning architecture, and central location make it one of the most prestigious and coveted neighborhoods in Los Angeles.
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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.
