For one of the oldest settled neighborhoods in Los Angeles, Highland Park feels youthful.
One resident captures the neighborhood perfectly by describing it as “… (having) just enough grit to give it that New York in the late 80s, early 90s excitement. You feel like you are part of a movement of creativity living here.” And with a steady stream of boutiques, foodie attracting restaurants, and décor driven store fronts it’s no surprise it was crowned LA’s greatest neighborhood.
Thanks to the Arts and Crafts movement the tree lined streets of zip code 90042 are filled with craftsman style architecture and CA bungalows. And much like its neighbor, Eagle Rock, mid-century modern homes are few and far between.
According to KCET, “the creation of the Arroyo Seco Parkway and the channelization of the Arroyo Seco changed the character of the neighborhood. The era of the automobiles, along with “white flight,” brought forth a demographic shift whose long term arc is still unfolding today. Now, the DIY, bohemian ethos that grew out of the neighborhood’s early days is alive in the area again ….”
Ironically, the financial crisis of 2007-2008 helped bring it back to life.
Real estate in the area seemed like a steal at the time. Able to scoop up properties for cheap, companies like Better Shelter, ModOp, and Extraordinary Real Estate attracted house hunters out-priced in Silver Lake and Echo Park by remodeling distressed, character filled, properties.
Today some streets command as much as a million dollars for a single family residence.