Southwest L.A. is an ideal place to live because it’s located near Culver City, LAX, downtown, USC, and has access to the 10, 110, 405, and 105 freeways. The southland’s beaches, Venice and Santa Monica are only a 10-15-minute drive from your home or thirty minutes if you’re in rush-hour traffic.
Residents of Baldwin Hills can enjoy the vibe and energy of Leimert Park Village during a music or arts festival, and the natural beauty of Kenneth Hahn State Park, which is among the most enchanting places in Los Angeles. The Park is popular because it features a 360-degree view of the city.
As
of Dec. 15th, 2018, Realtor.com data indicates homes for sale in
Baldwin Hills, CA have a median listing price of $980,000 and a price per
square foot of $480. According to Redfin, as of Dec 15th, the average sales
price in Baldwin Hills is $777,000 over the last 30 days.
Neighborhoods within Baldwin Hills include:
Baldwin Hills Estates is known to most locals as “The Dons”,
(translated as “sir” in English) because 29 of the 30 streets within
the neighborhood starts with the formal title of L.A.’s original land holders. You’ll find street names such as “Don
Luis, Don Felipe, Don Diablo, Don Jose,
Don Lorenzo, Don Miguel, Don Milagro,
Don Zarembo, and Don Ricardo. The one
street without “Don” is Hillcrest Drive.
The neighborhood is situated north of Stocker Street, east of La Brea, southwest of Santo Tomas Drive, and south of the Jim Gilliam Recreation Center. Due to the neighborhood’s home prices and affluent black population it’s also called “the Black Beverly Hills“. Baldwin Hills is distinguished by its many hillside homes boasting swimming pools, with a good number featuring views of the famous Hollywood Sign and/or downtown L.A.
The neighborhood of Baldwin Vista is located south of Coliseum Street, west of La Brea and La Cienega (two major streets that run north all the way to Hollywood) and north of Kenneth Hahn State Park. This area has slightly smaller homes and a more secluded feel. Similar to Baldwin Hills, some homes in Baldwin Vista situated south of Sanchez Drive in the hills on streets such as Punta Alta, El Mirador, Cloverdale, and Veronica Street also enjoy views of downtown, Hollywood or Culver City just a couple miles away.
Home styles range from modern to Mid-century modern style. Most homes are single-story with some modernized adding a second floor. Home sizes range from 1100 sq.ft- 5,500 sq.ft and home prices begin in the mid $700,000 range and can command as much as $4,000,000 based on more square footage, location and views.
The
areas connection to Hollywood, mainly from African-American film and music
stars, extends back generations. Ice
Cube and film director John Singleton owned homes in Baldwin Hills. Ray Charles and Tina Turner were former
homeowners in View Park. Debbie Allen
resides in View Park and owns a dance academy in Baldwin Hills.
View Park features an outstanding collection of homes built in Spanish Colonial and Mid-Century Modern styles. This neighborhood also offers homes with great views. The neighborhood is bordered by Crenshaw Blvd to the east, La Brea and Ladera Heights to its West, Stocker and Baldwin Hills to its North, and Overhill/Northridge and Windsor Hills to the Southwest.
Home sizes range from 1800 to as much as 5000square feet. The price range in View Park varies from $700,000 to as much as $2 million for homes on Olympiad or Mount Vernon Drive.
In August 2018, the Los Angeles City Council unanimously voted 15-0 to rename Rodeo Road to Obama Boulevard. In 2007, Presidential candidate Obama held a rally at Rancho Cienega Park, between Rodeo Road and Exposition Boulevard. The change will affect a 3 1/2 mile stretch from Jefferson Blvd to Grammercy Place as you head towards USC.
Even with all the benefits, history, new interests, and beauty of living here. A problem was created. The issue now is that many people who grew up in Southwest L.A. and want to buy a home here, feel they can’t afford it. Due to home values and competition some people don’t waste their time when it comes to buying a home in Southwest L.A.
That is the feeling many prospective home buyers looking in West L.A. had where you get less sq. footage for your money. As a result, some of those same buyers found better deals in Southwest L.A. and prices have risen accordingly.
Numerous potential homeowners still believe you need a 700 credit score and a 20-percent down payment. The truth is you don’t. There’s 5-percent down loans for homes of $764,000 and less with a 640 or higher credit score. With a 600 credit score, just 3.5 percent down on a home. If you’re looking to buy a $2 million home and have a 720 middle credit score you can still get in with a 5-percent down payment subject to additional underwriting conditions.
Check out these low down payment choices for Sep, 23, 2023
When buying in a desirable neighborhood in L.A., you have to put yourself into a winning mindset, with an experienced loan officer, and a good real estate agent who will help you reach your goal. You just have to be patient, persistent, and prepared. Let’s talk about how I can help you.