Lafayette Square Mid City Los Angeles

Lafayette Square Mid-City L.A. Real Estate Update

LAFAYETTE SQUARE HOMES FOR SALE | NEW LISTINGS | UNLISTED

Lafayette Square Mid-City Los Angeles

Lafayette Square Mid-City Los Angeles

LaFayette Square

Today, large houses make up the 236 homes in the neighborhood. It is immediately south of Victoria Park, southeast of West Los Angeles (Crestview and Picfair Village) and immediately north of Wellington Square.  #lafayettesquare #midcity #losangeles

Home_in_Lafayette_Square_1

This older neighborhood in Los Angeles has a European flair and it was designed as an elegant residential park centered on St. Charles Place, a palm tree-lined avenue with a landscaped median. The houses in Lafayette Square reflect residential styles popular during the 1910s and 1920s such as Tudor Revival Architecture, Italianate, Mediterranean Revival, Neo-Federalist, American Craftsman, Spanish Colonial Revival, and American Colonial Revival. Several houses, were designed in the Modern style, exemplifying an important trend in Los Angeles’ architectural development.

Originally, the neighborhood was designed for wealthier families and now-historic houses commonly have 5,000 to 6,000 square feet (600 m2) floor plans, today the average home size is 3,600 square feet. Today the neighborhood is a mix of large and medium size homes.

Most of the original properties have period details, such as Juliet balconies, mahogany staircases and libraries, sitting rooms, stained glass windows, triple crown molding, soaring ceilings, and even 4-car garages.

LAFAYETTE SQUARE HOMES FOR SALE | NEW LISTINGS | UNLISTED

how-much-is-your-home-worth

Can Your Mid-City Real Estate Agent Answer These Important Questions?

Whether you are selling or buying a Los Angeles home, the real estate agent you hire is critical to guaranteeing that you make the right decision. Most agents can walk you through the process and explain the industry ‘lingo,’ but you should expect so much more than that.

The housing crisis made everyone aware that truly understanding the local L.A. real estate market is more complicated than it seems. Today, there are many questions your real estate agent must be able to answer to ensure that you are making the right decision. Here are just a few:

  • What impact does the movement in mortgage interest rates have on buyer demand? 
  • With home prices increasing rapidly, are we headed toward another housing bubble?
  • Do you need a 20% down payment to purchase a home?
  • Why can’t we list at a higher price and drop it later if necessary?

When you are interviewing an agent to represent you in your next real estate transaction, make sure they can intelligently answer all your questions, while simply and effectively explaining what is happening in the Mid City, Downtown L.A. and Koreatown area housing market.

Get a free list of LaFayette Square, Mid City and nearby neighborhood Homes For Sale. Fill out the online form:

 

LAFAYETTE SQUARE HOMES FOR SALE | NEW LISTINGS | UNLISTED

Corey Chambers, Realty Source Inc, BRE#01889449

 

About socalhomeblog

The SoCal Home Blog is the authority on real estate in Southern California. Houses ( single family detached homes ), condominiums, townhomes, lofts, duplex, cabins,.
This entry was posted in Homes For Sale, Los Angeles, Neighborhoods and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s