Highland Park, Los Angeles is an up-and-coming neighborhood close to Pasadena, Mt. Washington and Montecito Heights.
Highland Park is fast becoming the new Echo Park which in turn is the new Silver Lake. As one community becomes gentrified, the next takes over, and now it’s the turn of Highland Park.
Highland Park is one of the oldest Los Angeles neighborhoods and one of its most scenic, with parks such as Arroyo Seco and Ernest E. Debs Regional Park . The Metro Gold Line services the community a boon in this car-centric city of Los Angeles. It is also the largest Historic Preservation Overlay Zone in the City with over 2,500 designated historical and commercial structures, and home to L.A.’s steepest street, Eldred St., which ends in a wooden staircase.
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Average days on the market were 98.
Average price per square foot = $299.46
Average sold price vs listed price = 99.64%
There are 35 homes on the market with 55 in escrow.
Inventory is low, prices are affordable, and Highland Park is a up-and-coming neighborhood worth investigating, especially for first-time home buyers.
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