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Westwood Real Estate changing

Westwood Real Estate Changing

There are several sub neighborhoods within Westwood. There is Little Holmby,  Holmby Hills, West Hills, (Warner Ave Elementary)Comstock Hills  which is East of Beverly Glen. The area South of Wilshire between Beverly Glen and Veteran bordered by Santa Monica Blvd (Fairburn Elementary School). You have the neighborhood to the East of Westwood Blvd and Sepulveda. There are the homes South of Santa Monica Blvd to Pico which span E of Beverly Glen to Sepulveda. There are great schools that are the foundation of the community along with parks, restaurants, theaters, places of worship, shops etc. Westwood real estate is changing around Westood Charter Elementary and the homes that surround it are also where new home construction and remodeling are occuring.

With interest rates low there is a lot of new construction. To the North of Wilshire there is an ICO and Possible HPOZ (see previous articles I have written) To the South of Wilshire all around the Fairburn School district there are many new homes being built. There is no restriction to build new homes and remodel.Prices of tear down houses are around $1, 400,000.00 and they are being replaced or renovated with homes that are anywhere from 2 million to 5 million. Because the neighborhood is so central to all Los Angeles has to offer and the great schools there are families looking to move into the neighborhood embracing construction with all the latest finishes. Cesar stone counters, wide wood plank floors, walk in closets, kitchens with family rooms integrated and open floor plans opening to backyards for outdoor living are just a few of the features you will see in the newer homes. New homes often include screening rooms, large garages, top of the line materials, maximum use of space.

Westwood real estate is changing. There will continue to be more remodeling and construction . Demand is high in the area, interest rates are currently low for builders to get money to remodel and build new homes as the area to continues to meet demand.

Contact me for all your real estate needs. www.caronschwartz.com at 310 383-0831

New Construction Westwood

New Construction Westwood

New Homes for sale Westwood

New Homes for sale Westwood

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new Construction Westwood

new Construction Westwood

New Construction lot

New Construction lot

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Westwood real estate is changing

Westwood real estate is changing

Westwood Real Estate

Westwood Real Estate

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History of Westwood Real Estate

History of Westwood

History of Westwood

 

History of Westwood , Westwood Village , Holmby Hills , UCLA land and Homes in Los Angeles

Westwood has a complex history but to give you a general idea of the development of Westwood it was planned during the 1920’s through the 1950s and involved thousands of acres that were Eleven development units. The Janss Investment Corporation created many of the great developments of Los Angeles

The History of Westwood Real Estate is very interesting. The area was originally owned by a Spanish soldier. The land was Ranch and farm land .In approx. 1884 some of the land was sold and the Government was deeded 300 acres for what is today the Veterans Administration. The Westwood Village Memorial Park cemetery is from this time period. In 1962 it became famous as resting place that now includes Marilyn Monroe, Dean Martin, Mel Torme, Darryl Zanick, Farrah Fawcett ,Natalie Wood, Jack Lemmon, Frank Zappa.The land was sold many times, partially to the Los Angeles Country Club, them to the Danziger family, and to Alphonso Bell who developed Bel Air.The History of Westwood Real Estate includes Holmby Hills Real Estate.

History of Westwood Real Estate

History of Westwood Real Estate

In 1919 land was sold by John Wolfskill to his heirs and Arthur Letts founder of The Broadway Dept Stores/Bullocks. Letts developed the area named “Holmby Hills”. Arthur Letts son in law Harold Janss and his brother Edwin Janss developed the Southern end Westwood Hills between Santa Monica and Pico. In the 1920’s Fox Studios purchased land. In 1925 the University of California purchased land. During this time the business and shopping district ”Westwood Village” was created along with residential communities . This area, neighboring UCLA was meant for a “high class residential community” .Holmby Hills was named after Arthur Letts estate in Hollywood and his family estate in Holdenby, England. The streets were named after English Locales.
Clark Gable, Bing Crosby, Jack Benny, Neil Diamond, Aaron Spelling, Frank Sinatra, Sonny and Cher, Hefner, Jane Mansfield ,Robert Taylor and Barbara Stanwick, were all one time residents of the area
In 1955 the Janss brothers retired from developing Westwood and sold their remaining interests. South Westwood blvd by Pico running north was a business district. Emerson Junior high was opened on 10 acres of former Harold Lloyd Studio grounds In 1936 many buildings along Beverly Glen were developed. The Morman temple was also part of the Harold Lloyd grounds.

Westwood Hills as the neighborhood East of Veteran lying North of Wilshire and South of Sunset is comprised today of 607 single-family homes. Westwood Hills is to the West of UCLA. Its charming Montery style rolling hills are home to many faculty of UCLA, families attending Warner Ave Elementary, and legendary stars who found privacy in these charming streets.

The first residential subdivisions were sold around Santa Monica and Pico Blvd East of Sawtelle. Because there was already a community named Westwood in Northern California, the community was renamed Westwood Hills. In 1957 20th Century Fox president announced their real estate division would develop what is now Century City. In the late 1930’s there were scattered homes in the “Fox Hills unit “ by Century City. To the North of the Fox hills unit stretching to Beverly Hills high school was a golf course that became part of Fox Studios back lot. Sinai Temple was originally downtown and moved to Wilshire and Beverly Glen in 1960. The Sephardic Temple Tifereth Israel was also purchased on Wilshire by Warner Ave at this time.

In the 1960 The first high rise was the Park Westwood Tower at Hilgard and Weyburn. More buildings continued after that along the Wilshire Corridor. Ships Coffee Shop was a popular Landmark and the Major theaters had opened in the 1960s on. The movie theaters brought shoppers so more stores started coming to Westwood. Ralph’s, Bullocks, Hamburger Hamlet, Contempo, Wil Wrights Ice Cream, Sears and Roeback, were all Landmarks in Westwood at different times. The History of Westwood is still evolving.  Contact me for further information

http://www.caronschwartz.com    310-383-0831